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Prices Paid: Buying & Leasing Experiences Infiniti G35 G37 Lease Questions
3309 messages, Last post on Jul 08, 2008 at 7:19 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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This is a really informative thread. I've learned a lot... and the most interesting thing to me is the idea of not putting any money down. I have a trade that is worth about $6k that I'd planned on using to reduce the tax (MN taxes sale price minus trade), and use the extra money to pay down the payments. You say that's a bad idea? Can you explain what you mean about the residual and how I lose the money if it's totaled? Also, the lease rates quoted here are well over $400 per month, some over $500. I've seen offers on the Infiniti web site offering an 08 g35x with premium for $359. Is that just an outstanding deal? Or, does it really not work out that you get that deal? Any advice on that one? Steve
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Replying to: soundermn (Mar 06, 2008 8:25 pm) Most of the specials you see listed require quite a good amount of money to be paid at signing and they never include tax. So a deal that is $359 with thousands down without tax may be a lot worse of a deal that is $450 a month with tax and nothing paid at signing. As far as the taxes go, I think MN taxes the payment so your trade in would have zero effect directly on the taxes. Putting the equity in the car into the lease would reduce the payment so less tax would be collected on the payment. It does not work like a car SALE - where tax is due on the full price of the car and your trade directly reduces the tax. Check to be sure, but if MN does tax on the payment then I would sell your car yourself or get the dealer to give you a check for it and put the minimum amount into the new lease. Dennis
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Replying to: dwynne (Mar 06, 2008 9:22 pm) Thanks guys. Danny |
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I was offered $450 a month 24months 12k a year TOTAL out of pocket $1500 MSRP 40375 invoice 37000 And they will make my last payment of $450 for my 06 coupe. What do you think about this deal? |
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Replying to: dalonso66 (Mar 07, 2008 1:10 am) Thanks guys!!
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Replying to: dalonso66 (Mar 07, 2008 1:10 am) |
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Replying to: jebell (Mar 07, 2008 7:07 am) In the words of Ralph Cramden, "Hardy Har Har"  . Some of these folks may make the big bucks posting on the forum (but I doubt it), but not me - I get the old goose egg, zilch, zero, nada. Dennis
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Yet another lease review pls  G37 journey Nav/Prem/Sports package/ spoiler 24mth 12k Invoice 39,882 Purchase price 40,487 NYS tax 1208.00 72% Res 12k MF .00195 First payment 585.47 wheel locks 69.95 DMV 55.95 Tire fee 12.50 Drive off 728.95 Monthly payment 585.47 What do you think ? Should i expect them to eat the bank fee of 595.00 and wheel locks? then i can pay the tax up front instead of having it rolled into the montly payment? |
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Replying to: dwynne (Mar 07, 2008 9:17 am) 
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Replying to: matrix77ny (Mar 07, 2008 5:46 pm)
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