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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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#2916 of 3302
Re: Best G37 lease I could find [raphster] by dwynne
May 08, 2008 (9:18 pm)
Reply

Replying to: raphster (May 08, 2008 9:11 pm)

Make sure that this is an IFS lease and not a 3rd party lease. If a 3rd party lease watch out for an open ended lease. Some dealer(s) in NY were advertising really cheap sounding lease deals - turns out it was an open ended lease which is NOTHING you want any part of. With "nothing down" and a $400 payment it sounds like this is not a normal lease.
 
Dennis
#2917 of 3302
Re: Best G37 lease I could find [dwynne] by gforce11
May 09, 2008 (8:47 am)
Reply

Replying to: dwynne (May 08, 2008 9:18 pm)

yeah specially for a journey premium with navi.
I got a $450+ tax quote with $800 and I had no navi. Thats $400 over invoice too. Something doesn't sound right.
#2918 of 3302
re: to my offer by drjustin
May 09, 2008 (10:51 am)
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thx for the help guys. i'm currently waiting to hear back from one other dealer in texas.
 
as for the car being rare, i don't think it's really all that rare, more so that it's not as popular as the black/graphite duo. the stone interior makes it more rare and harder to find. in a 28 state area, there aren't any 2008 black g35's w/stone interior sitting on anyone's lot. there may be on one of the coast's, but that's completely cost prohibitive for me.
 
gforce:
i do appreciate your cautioning me in being adamant about my choices. before the deal is said and done, i'll come to the table equipped with knowledge. i also have been sitting on the idea of this car for 8 mo's and let them know that. if i wait another 5 month's, so be it, it won't be a big deal to me =) i'm just searcginh for the best deal possible. thanks to you guys, we're all able to compare notes in order to know where we stand.
#2919 of 3302
re: to my offer [drjustin] by drjustin
May 09, 2008 (6:58 pm)
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Replying to: drjustin (May 09, 2008 10:51 am)

question + update.
 
question: how accurate is the edmunds site as far as "invoice pricing?" anyone know where their information comes from? the dealer in texas basically told me to go buy the car from mr. edmund, and that mr. edmund has not returned his calls since 03'. it's all been very amusing. of course he said it all in geest.
 
secondly:
 
most these dealers don't want to move away from the TMV/"what everybody's paying"(edmund) price as their "sales price" or "initial cap cost." additionally, one dealer has mentioned he may be able to get my MF lowered with a call to IFS due to their "high volume" sales history. all interesting banter nonetheless.
#2920 of 3302
Re: G35 Deal Signed Today [laderaking] by drjustin
May 09, 2008 (7:37 pm)
Reply

Replying to: laderaking (May 04, 2008 6:41 pm)

laderaking.........
 
i'd love the information on where you got this car. would like to call them. i'm looking for the same car you got minus the nav, but add sport edition.
 
would appreciate knowing.....
#2921 of 3302
re: to my offer [drjustin] by dwynne
May 09, 2008 (8:43 pm)
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Replying to: drjustin (May 09, 2008 6:58 pm)

If a dealer says the invoice price is not correct, ask him to pull the invoice for the car you want and show it to you. Double check the prices at Edmunds, KBB, and carsdirect.com and see if they all agree. You also have to make sure the MSRP on the window sticker matches the MSRP total with options that you check online. If that does not match then your invoice is not going to be correct. They have 2 price increases so far this model year, I think. So depending on when the car in question was made it could have one of 3 different prices.
 
I think I would find another dealer, this one does not sound too bright. Are you doing all this via e-mail? Talk to the "Internet sales manager" via e-mail at all area dealers and see what kind of prices you can find. I would never call or walk into a dealership for anything other than a test drive until I was ready to pick up the car.
 
The dealer may be correct on the rate, if you read the info on the IFS web page it says, in part:
 
When you finance a car at an Infiniti Retailer, you will enter into a retail installment contract with the Retailer. If IFS approves your credit application, your Retailer may elect to assign the retail installment contract to IFS.
 
If that is the case, the dealer may be willing or able to give you a better rate.
 
Dennis
#2922 of 3302
Re: Best G37 lease I could find [raphster] by gipsy
May 11, 2008 (9:58 am)
Reply

Replying to: raphster (May 08, 2008 7:24 pm)

I intend to lease this car in the next 2 weeks. This deal sounds a great deal better than anything I can find. Where and from whom did you lease it? This sounds too good to be true. Would really appreciate your reply
Thanks
Gipsyjune
#2923 of 3302
Re: Best G37 lease I could find [gipsy] by raphster
May 11, 2008 (2:32 pm)
Reply

Replying to: gipsy (May 11, 2008 9:58 am)

The dealer is Manhattan infiniti in New York city. You you can ask for the internet salesperson, but anyone can help you, since the sale and lease prices are listed on each car in the show room. Keep in mind that I have not picked up the car yet, so it's yet to be seen if the deal is legit without any hidden costs.
 
I will post a follow-up after I pick it up this week.
#2924 of 3302
Re: Best G37 lease I could find [raphster] by gossiptracker
May 12, 2008 (9:16 am)
Reply

Replying to: raphster (May 11, 2008 2:32 pm)

Be very careful when dealing with this dealership. I too was going to get an Infiniti a couple of months back when they ran those amazing $199 specials and it turned out to be an open end lease. Make sure it is a closed end lease. I am willing to bet it is an open end lease because they don't run it through Infiniti Financial but through a 3rd party bank.
#2925 of 3302
Leasing question and 24 vs 36 month by sonofjay
May 12, 2008 (4:00 pm)
Reply
Hi all.
 
I’ve been a silent observer for a while now and I have learned a great deal regarding the ins and outs of financing and in particular leasing. I am interested in a G35x to replace my BMW 325xi. By chance I happened to have a few hours yesterday and took a one out for test drive. I was impressed and an now ready to get serious about driving the best possible deal. With that said I have a few questions I hope that that you knowledgeable folks can shed some light on for me.
 
1) The rates quoted on this site for a G35x are on 15k are:
 
G35 AWD:
24-70%-.00131
36-60%-.00150
39-59%-.00172
 
Using quote of 39675 including fees (yes I know it is really high but it was a first pass) I come up with the following for a 24 and 36 month lease with 5% tax as follows:
 
36 month = 547.96
24 month = 422.42
 
I am sure I have read on here and other sites that most people recommend going with at 36 month lease. My question is this. Unless I have grossly misunderstood the calculations then why would I not want to go with a 24 month lease? Especially given that it is over $120/month cheaper? What are the pros of going with a 36 month and the cons of a 24 month?
 
2) I found out that they first dealer I went to marks up the MF for leases. They are quoting a MF for a 36 month lease at 0.00170. As I didn’t ask for anything more than a first pass I did not question it. My question to your folks however is, where other than here I can find posted IFS money factor rates. My credit should be Tier 1 (that’s what I told them) and they did not pull my credit so they could only go on what I told them. I want to be able to quickly point to a “known” website or source that provides the ‘real’ MF rates.
 
3) When trading in a car on a lease is it better to take the money back in cash? I read here that putting money down to reduce CC on a lease does not make sense but I want to make sure taking the case back from a trade-in is the thing to do. Or are there better options?
 
Thank you to all you folks who help out! This forum, site and the people who visit it looking for information are much richer for it.
 
Thanks! -S

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