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Infiniti G35 G37 Lease Questions
2923 messages, Last post on May 11, 2008 at 2:32 PM
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Replying to: laderaking (May 06, 2008 9:09 pm) |
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Replying to: jeremyw (May 07, 2008 9:15 am) |
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Replying to: gforce11 (May 07, 2008 9:14 am) I would either find a dealer with no fee and use the VPP or just ignore the VPP and get the best deal you can that is less than $300 over invoice for the car, destination, and fee. Note that the dealer makes a 2.5% delivery fee if you use a VPP claim code, so selling you the car w/o VPP for $300 over or for VPP at $300 over should result is a good bit more profit if you used the VPP code. Dennis |
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Replying to: jeremyw (May 07, 2008 9:15 am) The G37 has more ponies but is heavier, so your net performance difference is not going to be that great. If you are buying, the sedan is several thousand less for the same equipment as the coupe - a MUCH better deal. If you are leasing then the higher coupe residual makes it closer in price. Net cap is higher but so is residual. I got a coupe because my kids are just about all grown and mainly because they can never find a 6mt sedan in the colors and equipment I want. They found the coupe just like I wanted (except it had splash / net / mat) in the right colors so I took it. The lease terms made it close to the same money per month as a sedan with the same options. If you are getting an auto tranny car, then I would just get the sedan I think. You get the CD changer (trunk mounted) and a lot more cabin and trunk room and wider seats (even with the sports pack). The stereo sounds better in the sedan than in the coupe, to me anyway. Still a fun to drive car without a doubt. I would have a sedan now if the everything had fallen in place, but I still love the coupe. Slightly more to insure a coupe as well. There are one or two more things missing from the coupe that you get on the sedan, but I can't think of what they are off hand. Dennis |
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Because of how few miles I actually rack up in a year these days, leasing seems to make a great deal of sense. That said, because I've never done this before, the intricacies are something of a mystery to me. I'm interested in the G37 Journey with Nav & Premium. I do not have a trade-in vehicle as I plan on giving my current car away. My FICO score is ~775, live in Texas, and can put money down if needed. Can any lease expert suggest a reasonable lease target I should negociate towards? Here are some highlights from a recent online lease quote: "G37 coupe with cargo net, illuminated kick plate, navigation, premium package. The MSRP is $41745. and the sales price is $39,720. 39 months 12K miles/year with first and license fees down $790.82 = $608.27. 39 months 10K miles/year with first and license fees down $781.11=$598.56"
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Replying to: geo15 (May 08, 2008 8:37 am) If you need help calculating that, use a Lease Calculator or calculate that on your own using theLease Formula. |
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Replying to: geo15 (May 08, 2008 8:37 am) Leasing is Texas is not so hot since they tax the entire negotiated price of the car - the same as if you purchased it. However, some folks have posted that Infiniti and Texas (or one of them) have worked out a tax break on leases. The only way I would think about it is if I didn't have to pay full tax or if the rate was really, really low (like 1% or less effective rate). Dennis
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Replying to: dwynne (May 08, 2008 9:06 am) MSRP - $41,365 INVOICE - $37,781 TMV - $40,368 Assuming I'm understanding your suggestion, I should attempt to negociate a price w/in $500 of $37781, which will probably be difficult based on the fact that others seem to be settling for $40368 as reflected by the TMV. At this point I can get a lease quote from the dealer and perhaps some from leasecompare.com and go from there. Sound about right?
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Replying to: geo15 (May 08, 2008 9:48 am) Did you want an auto or 6mt? MSRP on a G37 journey with nav and premium would be $41,815 with an invoice of $38,198. A 6mt would be $42,365 and $38,702. If you find a pre-price increase car it will be $200 or so cheaper. TMV does not mean anything to me, I don't think it accurately reflects deals folks are getting and reporting here. Your job is to find a dealer that will give you a bottom line price on the car - they are out there if you hunt them up. Once you have the best price, then you plug in the lease numbers and see how the payment works out. You can compare what a 3rd party bank will do at leasecompare.com , but IFS captive lease deals will almost always be cheaper. You have to watch for Infiniti dealers marking up the lease rate for extra profit - so be sure ask about that and compare rates with different dealers. So deal the price down low, then ask for the lease rate and residual and work the payment out yourself. Compare the results from more than one dealer and see how it looks. You will have to ask some area dealers about the Texas lease tax break. If you work for a company that does business with Nissan / Infiniti you may qualify for a VPP claim code which will get you a price about $300 over invoice w/o haggling. That works if you know someone that works for either company. Lots of banks, insurance companies, etc are on the list. Dennis
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Replying to: dwynne (May 08, 2008 10:06 am) Thanks, this is very helpful. I contacted our HR dept. and in fact we do qualify for a VPP claim code. |
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