Last post on Dec 12, 2013 at 9:44 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Infiniti G35, Infiniti G37, Car Leasing, Coupe, Sedan
#2346 of 8143 Re: Lease Payment options [ej1111]
Feb 08, 2008 (11:49 am)
I read this and all the other Infiniti boards religiously (multiple times a DAY) as I've used the help of Car_man and many others to get incredible deals on my last TWO Infiniti's - a 2003 M45 and my current 2006 M35x. I hardly ever post though, as I usually do that around the time my leases are due, or I'm getting close.
I must say though - those lease numbers MUST be a mistake, or a ploy to get this guy into the dealership. Perhaps he is simply taking advantage since he is in NY and you are in PA.
Also, just wanted to thank Dennis for his wonderful posts and in-depth analysis of all the numbers and deals - great work there. Love reading your posts man ... been doing so for years.
That being said, the BEST lease deal I've seen in this area (PA, NJ, or DE) was similar to what Dennis was posting and it's usually around $500/mo (taxes included) on a decently equipped G35x (for 36-39 months, with no money down, MSRP of approximately $37k). Recently, Holman Infiniti of NJ posted a deal of $399/mo with ONLY $399 due at signing, but it was on the BASE G35 with an MSRP of around $32700 ... it was in area newspapers for the past 2 weeks.
So, I hate to say it - but there's no way those numbers in NY can be for real - if they are, I'm gettin one tomorrow, even before my lease on the M is up !!! Heck, I'll let my wife drive the G for THAT cheap!
#2347 of 8143 Re: Lease Payment options [ej1111]
by kyfdx@Edmunds HOST
Feb 08, 2008 (11:50 am)
Even a base G37 coupe is pretty loaded, right?
#2348 of 8143 08 G35x lease--good deal??
Feb 08, 2008 (11:50 am)
Here's my numbers I just got (in NH).
G35x + Prem pkg., Nav., Splashgaurds and Trunknet:
Selling Price: $38,000
MF: .00222 (experian credit score = 799)
Res: 58% ($22,895.5)
$548/month (tax included--i live in VT)
plus they are cutting me a check for $650 to pay off last 2 pymnts of current lease.
Is this a good deal??
#2349 of 8143 Re: 08 G35x lease--good deal?? [llmauro]
Feb 08, 2008 (11:56 am)
You can probably do a little better than that. They are only discounting $1475 off of sticker, and the money factor should be lower - I think Dennis posted the latest ones. They're obviously inflating the money factor, or using an old one from last month! You should be around $500/mo with tax included. Look at Dennis' last chart ... Actually, based on his chart, for 36mo/15k you'd be at $437 before taxes!
#2350 of 8143 Re: 08 G35x lease--good deal?? [djdez]
Feb 08, 2008 (12:01 pm)
I posted the 36 month rates, I never get the 39 month rates normally. Way back IFS would often have the same residual and MF for 36 and 39 month leases- which made the 39 month leases real deals for most folks. Lately they have a lower residual and a higher MF - still a lower net payment, but not as super as they were in the past.
That said, I would doubt the 39 month tier 0/1 buy rate is as high as was posted in that deal - not when the 36 month x rate is 0.00149 . Surely "dealer rate inflation is going on .
#2351 of 8143 Re: 08 G35x lease--good deal?? [dwynne]
Feb 08, 2008 (12:07 pm)
what post # did dennis post the mf's??
#2353 of 8143 Re: 08 G35x lease--good deal?? [dwynne]
Feb 08, 2008 (12:57 pm)
I agree with that MF dealer rate inflation.
I spoke again to the dealer asking what the MF for Tier 0/Tier 1 and she quoted me 5.2.
When I asked for a quote on a G35J w/ prem + sport she used a general MF of 5.76.
Now that I'm "armed" with the latest MF's from Dennis, how should I bring to her attention that acutal MF's are around ~4%?
Can I strictly request ~4% since those are (somewhat) published rates?
#2354 of 8143 Re: 08 G35x lease--good deal?? [dwynne]
Feb 08, 2008 (1:39 pm)
OK, called the dealer. Said MF of .00222 was tier 2 on a 39 mo/15K.
Gave me new mf on tier 0/1 of .00149 36mo/15k.
now the breakdown:
$525 / mo before taxes
Due on Delivery:
$500 Acquisition fee
$249 Admin Fee
$525 First Pymnt
Still no good??
#2355 of 8143 Re: Lease Payment options [kyfdx]
Feb 08, 2008 (1:44 pm)
Very true! If those numbers above are acurate, i would certainly be headed to the dealer...i hope we hear back from the original poster with details.