- #2788 of 3406
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Good deal in NJ?
by rlbjr2
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Apr 16, 2008 (10:28 pm)
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I am looking to lease a G35x w/ premium pkg. Does this sound like a good deal?
36 mo./15k mi.
G35x w/ premium pkg.
MSRP $37,815
Invoice $34,701
Resid. 60%($22,689)
MF 0.00160 base - 0.0009(9 MSD's) = 0.0007
Cap Cost $34,701
Monthly payment $375 + tax(7%NJ) = $400 mo.
I would pay the normal upfront fees. I just want to know if this numbers of this deal makes sense or am I not calculating correctly? Thanks in advance.
Bob
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- #2789 of 3406
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Re: April lease program [ks1123]
by Car_man HOST
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Apr 17, 2008 (3:26 am)
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Replying to: ks1123 (Apr 01, 2008 8:50 am)
Hi ks1123. Infiniti Financial Services' April lease money factor and residual value for the 2008 Infiniti G35 Sedan should be exactly the same as they were in March.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #2790 of 3406
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Re: 2008 G35x nav and prem $456/mth [iioneosixii]
by Car_man HOST
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Apr 17, 2008 (3:36 am)
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Replying to: iioneosixii (Apr 06, 2008 12:26 am)
Hi iioneosixii. According to Edmunds.com, the dealer invoice price for a 2008 Infiniti G35x with just the navigation and Premium Package options is currently $36,137. If these are the only options that the car that you are interested in has, then the selling price that you were quoted is probably around $650 over dealer invoice. This is a good deal. Just make sure that the dealer that you are working with uses Infiniti Financial Services' current buy rate lease money factor of .00160 to calculate your monthly payment and you're in business.
Car_man
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- #2791 of 3406
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Re: G35/G37 rates for this month [purell]
by Car_man HOST
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Apr 17, 2008 (3:41 am)
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Replying to: purell (Apr 06, 2008 12:04 pm)
Hi purell. You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of the vehicle that they want to lease is that it is necessary to calculate its lease payment. Look around in this discussion to get an idea of what a good selling price would be on this car right now and then make sure that the dealer that you are working with is providing you with an adequate discount before finalizing your deal.
Car_man
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- #2792 of 3406
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Re: 08 g35x w/ premium $399 a month? [dknysae]
by Car_man HOST
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Apr 17, 2008 (3:47 am)
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Replying to: dknysae (Apr 11, 2008 10:22 pm)
Hi dknysae. Looking at your car's MSRP in relation to its selling price is a great way to evaluate this deal. These two numbers will show you how much of a discount the dealer gave you on your car. Do you know what the MSRP is?
Car_man
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- #2793 of 3406
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Re: Good deal in NJ? [rlbjr2]
by brodway
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Apr 17, 2008 (7:44 pm)
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Replying to: rlbjr2 (Apr 16, 2008 10:28 pm)
If i'm reading this deal correctly, you are paying invoice for the vehicle and buying down the rate with multiple security deposits. If so, i think this is a very fair deal.
Unfortunately the $500 dealer incentive is gone, but $400 a month for a vehicle of this caliber is reasonable. Do you mind sharing the dealer you are using to generate this quote? I'm shopping for the same care in June and starting to shop around.
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- #2794 of 3406
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Re: Going to lease g35 next week [purell]
by Car_man HOST
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Apr 18, 2008 (2:07 am)
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Replying to: purell (Apr 11, 2008 11:54 pm)
This may sound like a silly response, purell. But whether you should get the G35x over the G35 really boils down to whether you live in an area where you would need AWD during the winter. My mother-in-law has a G35x because we live in an area where it snows and she has an extremely steep driveway. She would not have even considered a 2WD car.
Car_man
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- #2795 of 3406
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Re: Lease MSD [shaun133]
by Car_man HOST
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Apr 18, 2008 (2:10 am)
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Replying to: shaun133 (Apr 12, 2008 3:18 am)
Hi shaun133. the last time I looked into its multiple security deposit program, Infiniti Financial Services provided lessees with a .00010 money factor reduction for every additional deposit that they make, up to a maximum of nine.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #2796 of 3406
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Re: is this a good deal [trusaleen1]
by Car_man HOST
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Apr 18, 2008 (2:14 am)
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Replying to: trusaleen1 (Apr 13, 2008 8:27 am)
Greetings trusaleen1. Dealer invoice is an excellent selling price for a G37 Coupe. Furthermore, the money factor that you were quoted is right in line with Infiniti Financial Services' current buy rate for this model. Both of the main profit centers for dealers on leases look great to me. If you like the car, I personally don't see any reason not to pull the trigger on this deal.
The only thing that I would do differently is eliminate the $2,750 down payment. I always advise consumers against making large down payments on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your car's monthly payment will be a little higher, it would be safer to go with a zero down lease.
Car_man
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- #2797 of 3406
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Re: New Quote So Cal [dwynne]
by Car_man HOST
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Apr 18, 2008 (2:17 am)
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Replying to: dwynne (Apr 15, 2008 3:30 pm)
Just to confirm, Dennis. Infiniti definitely did eliminate the $500 loyalty / conquest cash that was available last month. Thanks for all of the wonderful help that you provide to community members in this discussion. You certainly are extremely knowledgeable about leasing and Infinitis.
Car_man
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