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Infiniti G35 G37 Lease Questions

3302 messages,  Last post on Jul 06, 2008 at 8:04 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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#2850 of 3302
Re: may 2008 numbers [kyfdx] by dwynne
May 02, 2008 (1:13 pm)
Reply

Replying to: kyfdx (May 02, 2008 12:40 pm)

I guess they HAVE to do that to get folks to lease in TX, since the state taxes the whole car and not just the payment or depreciation.
 
Dennis
#2851 of 3302
May IFS G lease numbers by dwynne
May 02, 2008 (5:18 pm)
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From my salesperson at Harper Infiniti:
 
G35 Journey:
24-69%-.00126
36-59%-.00150
39-58%-.00173
  
G35 6MT:
24-68%-.00126
36-58%-.00150
39-57%-.00173
  
G35 AWD:
24-70%-.00131
36-60%-.00150
39-59%-.00172
  
G37 Journey:
24-71%-.00184
36-61%-.00192
39-60%-.00190
  
G37 6MT
24-73%-.00184
36-62%-.00192
39-61%-.00190

 
These should all be 15k residuals, it would be +1% for 12k and +2% for 10k (10k not available on 24 month leases). These should be the buy rates for IFS top tier (0 and 1) lessees. Not everyone will qualify for these rates and many Infiniti dealers routinely mark up the buy rate for extra profit.
 
Dennis
#2852 of 3302
Re: May IFS G lease numbers [dwynne] by mkadams9
May 02, 2008 (5:32 pm)
Reply

Replying to: dwynne (May 02, 2008 5:18 pm)

Are these the 'official" numbers for May? I have worked out my deal but didn't sign anything yet. I am suppose to go in the morning to pick it up. I should be able to get these numbers, right. I had .00160 before for the X
#2853 of 3302
Re: May IFS G lease numbers [mkadams9] by dwynne
May 02, 2008 (5:40 pm)
Reply

Replying to: mkadams9 (May 02, 2008 5:32 pm)

I don't know what you mean by "official" but they should be current lease buy rates for top tier lessees. If your dealer gave you a higher number then either they are marking up the rate (most likely) or you didn't qualify for the top tier, or someone has the wrong number. Hey, typos happen - so what I posted could be wrong but I would bet your dealer marks up the rates.
 
Dennis
#2854 of 3302
Re: May IFS G lease numbers [dwynne] by mkadams9
May 02, 2008 (8:08 pm)
Reply

Replying to: dwynne (May 02, 2008 5:40 pm)

.00160 was the April rate and that was the rate when I got the price. I didn't sign papers yet though (saturday morning I am). I am tier 0 so getting the lowest rate shouldn't be a problem
#2855 of 3302
Re: May IFS G lease numbers [mkadams9] by dwynne
May 02, 2008 (8:48 pm)
Reply

Replying to: mkadams9 (May 02, 2008 8:08 pm)

So the good news is the rate dropped between now and then. Good thing since the dealer would have to use the new May numbers now. Congrats on the new X, what options, colors, and price?
 
Dennis
#2856 of 3302
Re: may 2008 numbers [kyfdx] by shinng
May 02, 2008 (10:33 pm)
Reply

Replying to: kyfdx (May 02, 2008 12:40 pm)

If this is true, then I guess Illinois would be included because here in Illinois, lessees get taxed on the price of the entire car as well. Illinois and Texas are the "lucky" few (I think there's another state) that goes through this...ugh.
 
Since the current offer seems to be similar to the past couple months and if the tax credit incentive is indeed set to go off for May 6, I guess May would be the best time to lease, am I right? This is a big savings for us folks in IL. Correct me if I'm wrong.
#2857 of 3302
leasing G37 with bad credit by shinng
May 02, 2008 (11:06 pm)
Reply
After much research, I'm intent on leasing a g37. I see all these MF and residual numbers based on tier 0/1 levels. How does one determine the rates based on bad/awful credit (tier 4/5 - which I believe is the lowest)? I for one have as bad a score as you can get and might not even qualify for a lease anymore. Unfortunately my lease payment record on my current car is not sparkling so I'm concerned if i'll even qualify when my lease is up. For the past 6-8 months, I've finally come to my senses and understood what kind of impact this has down the road so it's an experience I'll have to live with.
 
Basically, how does this bad credit affect the MF which in turn affects my monthly payments. I was told by dealers in reference to the est. monthly payments that it will increase from 50-100 a month for a 36 month lease.
 
I'd certainly would love to hear thoughts on this as I'm intent on leasing a G37 in Aug/Sept (maybe sooner) with at least 4000.00 down (I have about 5000.00 saved).
 
Thanks.
#2858 of 3302
Re: may 2008 numbers [shinng] by kyfdx HOST
May 03, 2008 (7:20 am)
Reply

Replying to: shinng (May 02, 2008 10:33 pm)

I really think the tax credit is a Texas-only thing..
 
It does suck to lease in Illinois.. unfortunately, no tax credits that I'm aware of..
 
regards,
kyfdx
#2859 of 3302
Re: leasing G37 with bad credit [shinng] by dwynne
May 03, 2008 (7:45 am)
Reply

Replying to: shinng (May 02, 2008 11:06 pm)

The worse your credit the higher the money factor and the more you pay, or they could just deny your application. We always advise against putting any money into a lease - if the car is stolen or totalled you could lose it all.
 
They only publish the top tier rates you would have to work with a dealer to see if they would even do a lease for your and if so how bad it is. Check over at leasecompare.com and see what they will do for a third party lease. A base coupe for someone with a 730 score is 0.00224 and $523 a month, at 675 0.00241 / $533, at 650 0.00383 and $617, below 650 and no lease for you.
 
What *I* would do is get my credit in order and not take on a new, high dollar lease vehicle even if they could swing you a deal. Get your credit in order now and then enjoy something newer and nicer down the road for a good deal. Whatever you do now you are going to be paying way too much because of your credit history and your car credit history in particular. So I would do something cheap and affordable and make all the payments on time (and all your other bills too) until you have established a much higher score and a track record of always on time payments.
 
Dennis

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