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Prices Paid: Buying & Leasing Experiences Infiniti G35 G37 Lease Questions
3406 messages, Last post on Jul 24, 2008 at 1:51 AM
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Replying to: dwynne (Oct 04, 2007 8:02 am) I've had the car almost 3 weeks and have zero buyers remorse! |
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Replying to: dwynne (Oct 04, 2007 8:02 am) I also have 0 buyer's remorse. (Had mine since April) I needed the sedan, as I have a little one and another on the way. This makes for a great "Dad's" car as it's safe and secure with the kids in, and a super fun ride when I'm alone. Also note that while the G37 Coupe is stunning to look at, it's not far off from the 07 Sedan, and the interiors are identical. The coupe may have us in the turns, but the Sedan is actually a tad quicker in the straight line (even with the 37's few xtra ponies), due to the fact that the Coupe is a little heavier. You can't go wrong either way, but if the budget pushes you away from the coupe and toward the sedan, let it do so with a smile on your face. The only compromise is the fact that your car will have 4 doors instead of 2. 
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Edmunds has posted that there is $2,500 in dealer cash for the left over 07 G35 coupes. Strange, they don't say there is any money for the left over 07 sedans. If cost were not a factor, my choice would be 08 G37, 08 G35 sedan, 07 G35 sedan, then 07 G35 coupe. But if you gotta have a coupe and don't mind the "old" design there is a TON of difference between $2,500 (or so) under invoice and MSRP of the G37 (which is what a lot of dealers sell them for). If you are thinking of leasing a G sedan, you might want to look at leasing a left-over M. They have $1,500 in dealer money on the 07s and I think lease money factors down around 0.0001 (exact October numbers not known). If you can combine the two (or even if you can't) an M35 might make a heck of a deal with that lease MF. Dennis
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Here is a deal I was quoted on a lease of a 2007 G35X..Let me know your thoughts... 39 Month Lease 12 K miles $536.83/month with $1,553.37 due on delivery for a 39 month, These numbers include taxes (CT tax of 6%), plates & fees. This price includes (Navigation Package, Technology Package, and Premium Package) MSRP: $40,365.00 And in addition to this price, they will also give us the following FREE items: * NitroFill (Nitrogen filled tires) - valued at about $100 * Winter Rubber Floor Mats - valued at about $100 and the: - FREE oil changes - at current rates $50 for each oil change (for as long as you own or lease your car) - a $200 saving per year - FREE loaner cars - FREE pick-up & delivery within Fairfield County - FREE hand car wash & vacuum with every service visit
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Replying to: dwynne (Oct 04, 2007 2:29 pm) There completely different cars. The M is nice, sure, but it lacks the fun factor that the G offers. |
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Replying to: dwynne (Oct 04, 2007 8:02 am)  . I live in Scottsdale AZ (go DBacks) and we have four dealers in the area. Three are owned by the same Corp. I just made an offer on a 07 coupe Black with Navi,Prem. Sport. Aero, and sat. radio for $1200 down and $360/month out the door for 24 months. So far No response thru(email). I've been watching the dealers inventory and have noticed that the coupes have'nt moved very well in September. When I leased my current coupe it was in October as well hoping too score again. FYI when checking Inventories at all four dealers the 08 G37's which they are asking MSRP for are also not moving. could it be a sign??? 
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Replying to: legendsgolfer (Oct 03, 2007 10:05 pm) |
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They are not good, if fact they are terrible. A dealer told me today that Infiniti has just 20 days supply of new G sedans on the ground nationwide - so they have no incentive offer a good lease deal (clearly). 24 Months: 0.00285 65% 36 Months: 0.00285 53% 39 Months: 0.00285 52% 48 Months: 0.00285 43% These are for 15k per year leases, 12k per year would be 1% higher on the residual, 10k per year leases would be 2% higher on the residual - except they do not offer 10k per year on the 24 month lease. Again, this is for the sport 6mt sedan. The numbers for the base and journey auto are also bad, but just not as bad. I don't have the exact numbers but the residuals are a few points higher and the MF is 0.00249, I think. Not great but better than these numbers. In contrast, back in June you could get an 07 6mt sedan for the same residual and 0.00181 MF. Just last month - at the very end of the 07 sedan model year - the residual was the same and the MF was 0.00191. You can get a better rate (0.00215, I think) and a similar residual through US Bank. Clearly, now is NOT the time to lease an 08 G - either the sedan or the new G37 coupe. Dennis |
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Recently, my wife and I moved from the State of New York to Florida with our 2007 Lexus RX400h on lease and I have a unfortunate situation that I'd like some advice on. When we leased our car in NY the full tax payment (8.375%) was added to the capitalized cost of the vehicle. When we moved to Florida, Lexus then took the monthly payment and added the FL sales tax even though we'd been in NY with the car for more than 6 months. Since Florida charges tax monthly as opposed to upfront, our monthly lease payment went up by $42. Last month, I sent a letter with copies of our lease agreement, proof of residency in FL to the NY Dept. of Taxation and Finance asking for a rebate of $1,573.23 from the full tax paid of $1,826.98. This represents the amount of time left on the lease that we won't be registered in the State of New York. Today, they denied my rebate claim. However, upon moving to Florida, Lexus told me to contact NY state for a refund of the taxes paid at origination. Help, I'm now paying double tax on a car and this doesn't seem fair. I brought the car into FL after 6 months, which is the minimum time for paying tax on a purchase/lease. How should I proceed? Thanks, Ethan FYI, the reply from the State of NY specifically stated that "there is no provision in the NY State sales and use tax law to allow for a refund of sales tax paid on the lease of a vehicle where the lessee relocates to another state where they may also be required to pay tax."
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Replying to: eshapir (Oct 05, 2007 9:49 am)  . It is known that no state that collects lease tax up front is willing to return the tax if you leave the state - so I am not surprised by NY's position on that. The answer to your question is that Florida CAN (but may not) give tax credit to you for paying the tax to another state - up to the amount you paid if less that the FL tax. So "in theory" if you paid $2,000 in tax to NY and the total tax due on your payments in FL is $2,500 you would still owe FL $500 because they would give you credit for the $2,000 you paid NY. However they "clarified" the law in 2003: Florida taxability of leased vehicle. A Technical Assistance Advisement has been issued by the Florida Department of Revenue regarding the sales tax of a motor vehicle leased in New Jersey and its correlating taxability in Florida. Under Florida law, a tax is not due in Florida if the vehicle is used outside of Florida and the owner pays taxes on the lease payments in that state. A tax is also not due in Florida if a like tax of equal or greater value to that of Florida is paid in another state. Conclusively, the New Jersey tax is lawfully imposed on the lessor and not on the lessee, disallowing Florida to receive any credit. (Florida Department of Revenue, Technical Assistance Advisement, No. 03A-007, February 7, 2003) (0603) The actual lookup on the FL page is here: Click on me and the summary says: QUESTION: Should sales tax be imposed on a motor vehicle lease, when the vehicle was leased in New Jersey and later brought into and registered in Florida? ANSWER - Based on Facts Below: Yes. Section 212.05(1)(c)2., F.S., provides that no tax is due if a taxpayer documents use of a vehicle outside Florida and tax is or was paid on the lease payments in another state. Section 212.06(7), F.S., provides that tax does not apply if a like tax equal to or greater than Florida tax has been lawfully imposed and paid in another state. However, under New Jersey law, tax on the lease of a motor vehicle is lawfully imposed on the lessor, not the lessee. The lessor may choose to collect the tax from the lessee, but is not required to do so. The Department's position, therefore, is that credit cannot be given for any tax paid by the lessee on the lease. So the key is: does NY tax the lessee (you) or the lessor (the lease bank). If they do as NJ does, they you are out of luck. If they do as most other states do, then you could apply for relief from the tax under 212.05(1)(c)2., F.S. . It appears that NY does tax the lessee, so you should be able to get out of the extra tax. See this link: Click me too! on the FL law web page which even includes an example of someone who leases a car in NY and moves to FL. So contact the lease bank and/or FL tax folks and see if you can get out of the tax - it would appear that you can. Dennis |
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