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Prices Paid: Buying & Leasing Experiences Infiniti G35 G37 Lease Questions
3406 messages, Last post on Jul 24, 2008 at 1:51 AM
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Hi everyone here is the deal I just worked out on a G-37 MT-6 Black on Black, with premium, Nav, Tech, 4 wheel steering, splash cargo net and mats the car is loaded I think. MSRP 45045 Invoice 40934 Price of car 40934 Money factor .00194 Residual 72% Zero down (just start ups equal to 1600.00) 24 months 15K miles 6% Michigan tax Monthly payment = $526.36 Did I miss anything? Should I buy it at this deal or do you think May might bring better terms? Thanks so much for any input guys!! 
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Replying to: brian62 (Apr 26, 2008 7:46 am)  : You deal the price down on the car just like you are buying it. You want to be within $500 of invoice for the car, destination, and dealer doc or prep fee - less any customer cash (none right now). You make sure you get the lease buy rates - as published here and other places each month. You roll in the taxes, bank fee, tags, title, etc into the lease if you want to - or plan on paying them at signing. With whatever you want to finance added to your price, you plug the numbers into a lease calc, add taxes as needed, and you have your payment. Pretty simple this way. None of that "dealer a says $xxx with $qqqq down" and "dealer b says $yyy with $zzzz down" stuff. Much easier to just deal the price down and lease at the buy rate. If everyone would learn how their state and local taxes work and how much the local and state fees are, you can work your whole deal to the penny and instantly know if the dealer did it right or added something to it (those sneaky dealers). The goal is not to compare the offers from a couple of dealers, the goal is to lease your new G for the least possible amount. Dennis
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Replying to: dwynne (Apr 29, 2008 12:29 pm) I have been reading your posts for a while, very helpful. One thing I'm not very clear is when you said invoice, did you already include the destination charge? Usually the two are listed separately, for example invoice is $36000 and there is $715 for destination. Every dealer I talked did it this way: quote price first, then add destination on top of it. Your invoice seems to combine them together. If so, it means we should be able to get the car a couple hundred dollars below dealer’s invoice, after adding the destination charge, it will be in the range you specified ($500 over invoice). Is this true? Also I noticed most of your posts are for leasing. Do you think there will be any price difference between leasing and purchasing? Thanks a lot
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Replying to: ccc4 (Apr 29, 2008 1:44 pm) Get your quotes to include the car, destination, and any dealer doc or prep fee. Then when you compare quotes from various dealers you will be comparing apples to apples. Since many Infiniti dealers have high doc fees making sure that is included is a must. You should be around invoice (including dest) + $500 for the car, destination, and dealer fee less any customer cash (currently none). Leasing or buying should make no difference to the dealer at this time. AFAIK the cheap finance offer nor the current lease rates change the dealer's cost at all. Normally that only comes into play when there is dealer incentive money on the line, so they can (let us say) knock the price down $1k more OR give you a really cheap lease or loan - but not both. Dennis |
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I was offered a G35x, with premium and Nav (sticker is $39,725) for $526/month. The invoice is ~$36300. Bottom line, 15k/month for either 36 or 39 months (not sure which off the top of my head) with NO money out of pocket for $526 month. I think this is a really good deal but wanted to make sure
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just curious to know any experience anyone has had, positive or negative with "leasewise." looking for a good deal on a g35 sport in tulsa and considering using leasewise.
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Replying to: drjustin (Apr 29, 2008 8:00 pm)
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Replying to: ct1211 (Apr 30, 2008 3:35 am) You can use a site like leasecompare.com to see what kind of numbers are offered by a 3rd party lease bank - to compare to the IFS offering. Dennis |
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Replying to: mkadams9 (Apr 29, 2008 6:45 pm)
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Replying to: mkadams9 (Apr 30, 2008 10:41 am)  He could be calculating from 200 below invoice and marking up the money factor or adding other hidden charges. This is why it is never a good idea to negotiate a lease by monthly payment.
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