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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

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


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#2802 of 3309
G35X Lease - residual? by stern
Apr 18, 2008 (8:36 am)
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I am a previous Infiniti leaser/owner times 4. Went to the dealer for my next car. Thought I was getting a G35X with Premium and Navigation Pkgs 15K/yr, 39 mos, No down except bank fee of $595 plus DMV for $469/mo. When I asked for it in writing, it changed to 10K/month without the Navigation package. Now the offer is:
the car I want except I should come up with the sales tax (an additional $1628 out-of-pocket).
I calculated that he's calculating tax on a price of $38,327, which is $1802 over invoice.
1) What residual are we using for this car?
2) What money factor are we using?
3) How much can I negotiate down to get the car I want at $469/mo without the added out of pocket expense?
#2803 of 3309
Re: G35X Lease - residual? [stern] by dwynne
Apr 18, 2008 (9:51 am)
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Replying to: stern (Apr 18, 2008 8:36 am)

Seems like a repeat lessee would know better .
 
Don't play payments with the dealer, you are not likely to end up with a good deal doing that.
 
Deal the price down on the car - say no more than $500 over invoice including the car, destination, and dealer doc or prep fee. Once that is done, them you simply plug your numbers into a lease calculator using the IFS "buy rate" for the term and miles your want. I try to post these every month here in the forum. Then you add your local and state taxes, DMV stuff like title and tags and you are all done. The payment is what it is, and will be a nice deal. If that is too high, then you have to either bargain the price down more, wait for incentives to return or rates to fall, or drop some options.
 
Dennis
#2804 of 3309
Re: G35X Lease - residual? [dwynne] by mickylong
Apr 18, 2008 (10:16 am)
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Replying to: dwynne (Apr 18, 2008 9:51 am)

"Once that is done, them you simply plug your numbers into a lease calculator using the IFS "buy rate" for the term and miles your want."
 
Dennis, have you found Infiniti dealers tending to mark up the "buy rate" or do they stay pretty close to the published numbers?
#2805 of 3309
Re: G35X Lease - residual? [mickylong] by dwynne
Apr 18, 2008 (11:02 am)
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Replying to: mickylong (Apr 18, 2008 10:16 am)

Some do, some do not. Every dealer I ever asked always gave me an honest answer - if they did they would tell me by how much.
 
If you find a dealer (as I did) that has no prep or doc fees and does not mark up the lease money factor at all then it REALLY makes it easy to get a nice lease deal.
 
My local dealer marks up the lease MF a good bit and has a $500 or so doc fee - so there is no need to even try to make a deal with them - when compared to the other dealer.
 
Dennis
#2806 of 3309
Re: G35X Lease - residual? [dwynne] by mickylong
Apr 18, 2008 (1:06 pm)
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Replying to: dwynne (Apr 18, 2008 11:02 am)

Thanks,
 
That helps. BTW, any feel for when the manufacturers start shutting down production for current year in favor of next year's model? In other words when do I start believing the "short supply" and limited inventory comments? I am assuming that given the recent restyling of the G37 probably not many changes planned for 09 (not sure when Infiniti releases the 09s anyway). Just had a dealer in TN decline to provide an Internet price saying he didn't have anything in stock that matched what I wantd (Journey w/ Premium and Nav) and nearest inventory he could locate was in Florida two states away. I'm thinking he realizes that since I'm in Atlanta he'd really have to get aggressive on price to get my to travel 100 or so miles for this. Too bad.
 
Thanks again.
#2807 of 3309
Re: G35X Lease - residual? [mickylong] by dwynne
Apr 18, 2008 (3:16 pm)
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Replying to: mickylong (Apr 18, 2008 1:06 pm)

When I was looking last year the dealers could not find the car I wanted (6mt SEDAN) so they were going to try to order me one near the end of June - but it was too late to get an 07 so they had to order an 08. By the time it came in the lease rates were terrible so I did not take it. With the G made overseas there is a pretty long lead time from order to delivery, but you should have maybe 6-8 weeks to order one now.
 
Did you check with Harper in Knoxville? I got my G37 from them and with the $0 doc fee and no lease rate mark-up makes for a nice deal.
 
Dennis
#2808 of 3309
Re: G35X Lease - residual? [dwynne] by mickylong
Apr 18, 2008 (4:12 pm)
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Replying to: dwynne (Apr 18, 2008 3:16 pm)

I requested a quote from them but haven't heard back yet. Hopefully will this weekend. It's car show weekend here in Atlanta so that will keep me occupied for a bit but I need to do this thing soon -- time to stop researching and start driving!
#2809 of 3309
Re: G35X Lease - residual? [mickylong] by dwynne
Apr 18, 2008 (5:48 pm)
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Replying to: mickylong (Apr 18, 2008 4:12 pm)

Send me an e-mail via my profile and I can send you my guy's contact info.
 
If you are not going to lease, the sedan is a much better buy - everything is about the same for thousands less and easier to find. On a lease, the coupe is close to the same price due to its higher residual. I ended up with a coupe because I am leasing and it is easier to find a 6mt coupe than a sedan equipped like I wanted. "Easy" being relative since they had to get the car from GA, the closest sedan was FL or VA IIRC .
 
Dennis
#2810 of 3309
good offer in NJ? by mkadams9
Apr 19, 2008 (6:19 pm)
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I am shopping for a G35x AWD with wood trip and premium package. I was told the invoice price was ~35100, and it I could get it for 35200. I worked with him about a month back and the invoice was lower. He told me the invoice went up? could that be true? Before it was closer to what edmunds.com says (34,672).
 
Either way I want 15K, 36 months. For a sign and drive (nothing out of pocket) I was offered $526. If I paid the fees and taxes of about $2000, it would drop down to $472.
 
Do these numbers look in line?
#2811 of 3309
Re: Good deal in NJ? [rlbjr2] by plym_rock
Apr 19, 2008 (8:48 pm)
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Replying to: rlbjr2 (Apr 16, 2008 10:28 pm)

What NJ dealer gave you this great deal?

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