- #1937 of 3600
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Re: ChicagoLand Pricing [hsw]
by andykirby
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Sep 17, 2007 (2:10 pm)
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Replying to: hsw (Sep 13, 2007 12:51 pm)
Sounds pretty much what I got for a deal in Albany, New York for same car. However, I was at $549 until I sprung for additional miles (18,000/yr) up front. My monthly then went to $573. I was way over on my last G35 lease and didn't want to be in the same position, particularly since its 20 cents a mile over and only 10 cents up front. I tracked this forum for over a month and it really helped negotiate the deal. Originally, the dealer quoted me 549 a month for a basic G35x with just the sunroof and $2,400 out of pocket. Ended up with the premium package stuff and just first month and registration fees out of pocket.
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- #1938 of 3600
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Re: Lease offers [sprinkler13]
by bja104
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Sep 17, 2007 (2:11 pm)
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Replying to: sprinkler13 (Sep 17, 2007 1:39 pm)
They clarified: they were adding the acquisition fee to cap cost; if the acquisition fee is paid up front the monthly payment is $549 which is what I calculated.
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- #1939 of 3600
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Re: Lease offers [bja104]
by jrich24
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Sep 17, 2007 (4:48 pm)
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Replying to: bja104 (Sep 17, 2007 2:11 pm)
Does anybody know if the residual value is based off the msrp +destination fee or msrp without destination fee? thanks
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- #1940 of 3600
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Re: Lease offers [jrich24]
by sprinkler13
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Sep 17, 2007 (5:03 pm)
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Replying to: jrich24 (Sep 17, 2007 4:48 pm)
Destination fee should already be included in MSRP and in Invoice pricing. If they try to say they are selling the car for $1k over invoice and then add destination after then they are padding the profit.
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- #1941 of 3600
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2007 G35X PREMIUM PACKAGE W/NAV
by antreed77
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Sep 17, 2007 (7:32 pm)
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New to this board , please tell me if this is a good deal for a 2007 G35X PREMIUM PACKAGE(NAV)on a 39 month 15k a year lease.
Vehicle price: 37,864
cap cost reduction: 3,192
Adj.Cap cost reduction : 34,671
Residual : 21,513
Depreciation: 13,158
Rent: 5,193
Total of base payments: 18,351
# of payments: 39
Base Payment: 470
Monthly tax(6%) 28
total payment: 498
This deal is contingent on me trading in my car and the dealer giving me 5,000 to cover the following
cap cost reduction: 3,192
Doc Fee: 299
Sales Tax : 245
1st Month payment: 498
Aqustion. Fee: 595
Lic. Fees: 160
Total drive off: 5000
Please any help is great!! I have this deal on the table!!
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- #1942 of 3600
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Re: 2007 G35X PREMIUM PACKAGE W/NAV [antreed77]
by sprinkler13
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Sep 18, 2007 (12:12 pm)
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Replying to: antreed77 (Sep 17, 2007 7:32 pm)
Well...first you should do more reading on the forum...it will really help you to understand what things to look for and what stuff you can negotiate. First, you need to negotiate the cost of the lease WITHOUT figuring in your trade...don't even mention it to them. You want to get the cap cost of the car as low as possible WITHOUT using any of your money for a cap reduction. Even though your monthly payment will be less, you are better off keeping the extra 3k in the bank and subsidizing your own lease and let that money earn interest...or invest it somewhere. The other thing to consider is that if you say total the car or it gets stolen and not recovered, insurance will pay for the car, but you will be out that money you put down and will still need a new car 
As for the deal on the table...it doesn't look good at all. I can only estimate since I think that they recently increased the invoice and MSRP costs, but it's only by a couple hundred, so it shouldn't be that different from my calculations. It looks like you are only a few hundred off of MSRP and honestly with the 2008s coming out, you should be trying to get a 2007 for no more than $1k over invoice. The doc fee seems a bit high, but it depends on your area. I'd be pushing for no more than $100 if you can. As for the down payment, you should NOT pay $3192 in cap reduction. If you didn't change anything else, your payment would go up about $100 a month, and i know that it will make your monthly payment seem expensive, but you really are better off keeping the money yourself and then "pay" yourself the extra $100 bucks to help with the payment. That being said, I think you have room to play and can lower your payment...it will still be in the mid $500 range I bet, but you will get to keep that extra $3k in the bank.
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- #1943 of 3600
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Re: 2007 G35X PREMIUM PACKAGE W/NAV [sprinkler13]
by antreed77
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Sep 18, 2007 (12:22 pm)
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Replying to: sprinkler13 (Sep 18, 2007 12:12 pm)
Not sure if I explained myself correctly , but the 3192 is all part of my trade in.I am actually not putting any money down. I made the mistake in telling them that I had a trade. i should agreed to the MSRP before I infomed them of the trade.
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- #1944 of 3600
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Re: 2007 G35X PREMIUM PACKAGE W/NAV [antreed77]
by sprinkler13
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Sep 18, 2007 (3:18 pm)
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Replying to: antreed77 (Sep 18, 2007 12:22 pm)
No...I fully understood what you were saying. But you can still trade the car in and just take the excess cash with you. Don't give it back to the dealer. Basically they are going to use your own money to subsidize the new car and make the payment more attractive to you. Do some more reading here...you will see many times over that it is NOT recommended to put down money as a cap reduction. Right now, you are basically paying for a reduction that the dealer should be making. If that cash is just burning a hole in your pocket and you want to reduce your monthly payment you should look into putting down extra security deposits. I have posted about it many time here so you should be able to find some info on it. It isn't avail in all states, but if it's an option that is avail to you it might be worth considering.
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- #1945 of 3600
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Re: Sept. Rates [david_fl]
by liannell
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Sep 18, 2007 (7:39 pm)
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Replying to: david_fl (Sep 16, 2007 9:05 pm)
I know the 39-month terms for the G35 Sedan Journey are .00213 money factor and 55% residual (vs .00194 MF and 56% residual fo the 36-month term). Not sure about the 24 vs 27 month terms.
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- #1946 of 3600
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ChicagoLand Pricing
by hsw
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Sep 19, 2007 (3:43 pm)
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Ok, took my G35X today. Here's the deal I recieved:
MSRP: $40,365 (Prem, Nav, Tech, Splash, Cargo)
Sale Price: $37,056 ($227 over inv)
Il Tax: $2460 (added to cap cost)
Acq Fee: $595 (added to cap cost)
Residual: 55%
Term: 39 Months
MF: .00193
15,000 miles
Monthly Payment: $578
Thanks to everyone on this board. Leased at Infiniti of Lake County, Libertyville, IL.
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