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Infiniti G35 G37 Lease Questions

3301 messages,  Last post on Jul 04, 2008 at 7:06 PM

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What is this discussion about? Infiniti G35, Infiniti G37, Car Leasing, Coupe, Sedan


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#2717 of 3301
G35X lease by agpetz
Mar 24, 2008 (9:52 am)
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Awesome information on here, has really helped. Anyone have an opinion on the following lease I have worked out?
 
G35X Premium Package, Navigation, mud guards
 
MSRP: $39,665
Base Cap Cost: $35,751 = (Invoice of $36,251 - $500 Infiniti conquest cash)
Costs added to lease: $2881 = $595 acquisition fee + 1587 tax (In VA so tax on whole thing) + 595 title, doc fees, etc.
Adjusted Cap: $38,632
Residual: $28,162
Money Factor: .00144
Term: 24 months 12K miles a year

Monthly Payment $532.43 with only first payment at signing.
#2718 of 3301
Re: is this good/ok/bad? [inominado] by infinitisteff
Mar 24, 2008 (9:57 am)
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Replying to: inominado (Mar 24, 2008 12:54 am)

Seems like a good deal.. Especially that lease quote that they offered you, as a base G generally leases for about that amount.. let alone One with Premium, Nav, and the high mileage limit. Go For it.. In regards to the Tech package... Youd be getting the Adaptive Headlights, & intelligent cruise, which are really cool items, but certainly not anything anyone NEEDS to have.. With that being said.. the option would probably add another 30 bucks to the lease.. so considering the really good deal youve already gotten.. Either way youd be making out like a fat Rat..
 
Hope i was Helpful..
#2719 of 3301
Re: Length of current G incentives [infinitisteff] by dwynne
Mar 24, 2008 (1:01 pm)
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Replying to: infinitisteff (Mar 24, 2008 9:51 am)

So there wouldn't be any CURRENT incentive that would make waiting less of an option..
 
For a sedan lessee there is the $500 conquest cash / loyalty cash. For both sedan the coupe lessees the current payments work out to the lowest they have been since I started tracking them last June.
 
Sure, they could be even better later - but for folks who want to lease a G now is a really good time to be doing it.
 
Dennis
#2720 of 3301
Re: Made my Deal - Pick-up Tomorrow - JBA Infiniti [marshallcpa] by marshallcpa
Mar 25, 2008 (1:35 am)
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Replying to: marshallcpa (Mar 20, 2008 7:24 pm)

I wanted to follow-up on my prior post. First, I had the MSRP wrong in the prior post - it was to be a pre-increase car at $38,425 (not $38625, as I had previously indicated). Plus, after I posted, I picked up on the fact that they my dealer had double charged me their $100 processing fee.
 
At any rate, when I picked up the car on Friday, the dealer had a post-msrp car that they had obtained from another dealer. Nonetheless, they honored the prior deal we made on the lower priced car, and also agreed that they had double charged me the processing fee.
 
As a result, my final numbers were a gross cap cost including $100 processing fee, excluding acq. fee of $35,078. I wrote a check for $4118.41 ($100 less than indicated in prior post for double charge on processing fee), of which $4050 is a refundable Security Deposit under the MSD program. Final monthly payments are $422, including PA 9% lease tax.
 
Incidentally, I read the language in the lease contract to say that, as long as I honor my obligations under the lease (make payments, keep vehicle properly insured, etc.), the multiple security deposits are refundable in the event of the theft of the car or if the car is totaled. The lease language says that they will accept the insurance company payment as a final payoff. This was also what the finance guy said at the dealership, for what it is worth (probably nothing).
 
I had a very positive experience at JBA Infiniti in Ellicott City, MD, outside of Baltimore. Salesman said they are looking to make some deals this month, and get their new car sales up for the month. I highly recommend that anybody in the DC/Baltimore, or even Philadelphia of New Jersey market contact them. As I said previously, I ignored their quote at first because it came in quite low with a caveat that freight and processing fee were additional, so I thought they were looking to play games with the numbers, and in particular, mark up the financing. I established that I knew how leasing worked, and confirmed that they would use standard money factors, etc. in a lease, and they were very easy to work with, and even acknowledged that I was being double charged the processing fee when called on it.
 
Brian
#2721 of 3301
Re: G35x w/Prem - Lease Offered - Need Advice [leo72] by cgold79
Mar 26, 2008 (8:51 am)
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Replying to: leo72 (Mar 18, 2008 4:33 pm)

I got it at Infiniti of Englewood, ask for Eddie. He was my sales guy and was very helpful.
 
-Chuck
#2722 of 3301
Re: G35X lease [agpetz] by agpetz
Mar 26, 2008 (1:24 pm)
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Replying to: agpetz (Mar 24, 2008 9:52 am)

Anyone have a chance to take a look at my numbers?
#2723 of 3301
End of G35 Lease- Make $$ before turning it in by tpell3
Mar 27, 2008 (6:04 pm)
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Hi, can anyone shed light on using end of lease value to bargain for a new leased car?
 
I have a NJ based IFS lease ending in July on an 05 G35x that has a higher blue book then residual left. I understand I could purchase the car outright and then sell it privately and maybe make some money but that's a big hassle so I was hoping to use that paper value for bargaining on a new lease for a g35x. Can that be done and any suggestions how
 
Thanks for your time
#2724 of 3301
Re: End of G35 Lease- Make $$ before turning it in [tpell3] by dwynne
Mar 27, 2008 (6:56 pm)
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Replying to: tpell3 (Mar 27, 2008 6:04 pm)

In most states the title is held by the lease bank and in order to transfer it to your name (so you can sell it) you have to pay sales tax. The title can't go from the lease bank to your buyer directly. By the time you have to pay tax, your profit may be nothing. You can avoid the double tax by having a licensed car dealer to the paperwork, but those can be hard to find and may charge you a few hundred for the trouble. Some states (CA, I think) have a provision where you can claim a sales tax refund if you resell the car within xx days of purchase. You will have to check into your state's tax before deciding if this is something you can profit from.
 
What you can do is see if you can get a dealer to buy the car from the lease bank and pay you the profit (or apply it to your new deal). IFS lease residuals are usually artificially high, so I am surprised that you think the real trade value will be more than the buy out price by enough to make it worth the trouble. I would be betting it will not be. Keep in mind what a dealer wants to give you is AUCTION money which is a good bit less than trade value. If they can go to the auction and buy Gs all day for $15k they will not give you much more for yours. If you deal the price down to invoice on the new car, then there is little chance they will give you more than auction value for your trade.
 
You can run it by Carmax and AutoNation and see how much they offer, that will give you a ballpark figure. Dealers will normally beat those offers for several hundred or as much as $1k.
 
Start working deals before your lease is up, you should be able to get a new x for invoice to $500 over. Then see how much they will give you for your G and try to talk them up over the buy out price. Try several dealers. If you don't have any luck, they you may just have to turn it in and start fresh.
 
Dennis
#2725 of 3301
Sports Package included in price of G35x on infiniti.com by iioneosixii
Mar 27, 2008 (9:02 pm)
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Hi, I just noticed that the price of the sports package is included in the price of the base G35x when you build it on infiniti.com. I've done this a few times before and they always charged $1,100 for the sports package before. Anyone know of a reason why? Here is the summary of the G35x I built off of the website.
 
Base MSRP* $34,350.00
Exterior Color
Blue Slate
Interior Color and Trim
Graphite Leather/Washi Aluminum
Packages and Options
Premium Package $2,300.00
Sport Package incl
Navigation Package $2,150.00
Configured MSRP* $38,800.00
Destination and Handling $715.00
Total MSRP* $39,515.00
#2726 of 3301
Re: Sports Package included in price of G35x on infiniti.com [iioneosixii] by oz44
Mar 28, 2008 (12:09 am)
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Replying to: iioneosixii (Mar 27, 2008 9:02 pm)

"Bump"
 
Same here

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