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Prices Paid: Buying & Leasing Experiences Infiniti G35 G37 Lease Questions
3629 messages, Last post on Sep 07, 2008 at 10:54 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: dwynne (May 13, 2008 11:27 am) Im really not desperate to get a new car, its more along the lines of it would be nice to have. So if I can't find a dealer to give me a good deal then I can walk out and not think twice about it. I outright own my current car and could continue driving it if need be. Its an older vehicle(96 taurus) which is why id prefer to get something new. I dont drive to work so its essentially a leisure time use vehicle. So the G37 would be more like a toy for me. Also, a family friend has been using the same salesmen and they have recently leased 2 G35X's from this guy as well as their 2 previous G35X's. Do you think that he would be more inclined to give a good deal to me to keep their future business?
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Replying to: skmiller22 (May 13, 2008 12:03 pm) I would concentrate on price - car+destination+dealer fees first and not mention leasing at all. If you mention you want to lease they hit you with payments to cover up how much they are charging you for the car. Dennis
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Replying to: dwynne (May 13, 2008 12:50 pm) One more question(probably stupid too) - How do I go about contacting the internet sales manager for the dealerships? Do i just go through the infiniti website and select get quote?
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Replying to: skmiller22 (May 13, 2008 1:00 pm) If your employer does business with Nissan / Infiniti you may qualify for a VPP code which will get the price set to about $300 over invoice. You can search for your company name at this link. Dennis
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payment calculation question: i've worked up some "hopeful/hypothetical" numbers in the lease calculator(the residual was given by the dealer) and now i'm "trying" to make sense of how to compare/understand these numbers when i put it into my finance calculator to see if the payments match. let me explain in greater detail. car= 08 journey, sport, premium, splash lease calc= sales price $35,050 taxes at 3,25 of $1,139 term 39/mo resid $22,381 (based off a $37,935 (59%) msrp) MF=00.175(hypothetical again) 15,000 miles acq $595 sec dep $500 payment = $481.90 here comes the question. is there a way, to use my "financial calulator" to compare the deal?? meaning.....if i take MSRP + taxes=$39,074 subtract the residual value of $22,381, i come up with $16,693 that i'm financing over 39 mo's in this case. so enter in finance calc: N=39 interest rate=4.2 (.00175 x 2400) Present Value= $16,693 compute payment= $458.65 but the lease calculator has the same setup giving me 481.90? what am i missing guys? besides my brain? long day i guess. thx in advance.... 
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Replying to: drjustin (May 13, 2008 7:07 pm) I found the following link useful in putting together my 'calculator'. I created a formula in Microsoft Excel that does the lease calculation. Hopefully it can help you figure how you want to build a calculation you can use as well. http://ridewithg.whitecarrot.com/index.php/the-lease-formula/ -S
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Replying to: jeremyw (May 13, 2008 5:37 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: gipsy (May 13, 2008 7:02 am) just curious.....what is the return? any current numbers? i recently signed up for a money market account at my bank with 8K+ and am not even receiving (1.8%) anything close to the inflation rate?? |
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Replying to: sonofjay (May 13, 2008 9:31 pm) i'd love to have that excel spreadsheet. I'm a doctor and not a MS Office guru. Would you be kind enough to email it to me? jsnyder at drjustinsnyder dot com |
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I have been shopping around for a couple weeks and have been finally offered the below deal. Doing the math, I think I am about $750 over invoice (with the doc fee). G35 Journey w/ Prem Pkg only 24 month, 12k mile lease Tier 1 credit MSRP $35,515 Adj Cap Cost of $35,065 includes the following $595 Acquisition fee $600 DMV fee (AZ) $541 1st Payment $495 Doc Fee $0 due at signing with the 23 remaining payments at $541 (including 8% tax). I would love to get this down another couple hundred but I am not having any luck. We only have 4 Infiniti dealers in Phoenix (2 of the 4 owned by the same company) and 1 more in Tucson about 2 hours away. I can get the VPP discount, but every dealer has a $400-500 doc fee so I am in the same ball park with price. I will try one last time when I go do the final deal, but I am ok with paying the extra $10 or so a month to get the car. My bigger concern is that I want to make sure I am good with the math before pulling the trigger.
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