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Prices Paid: Buying & Leasing Experiences Infiniti G35 G37 Lease Questions
3301 messages, Last post on Jul 04, 2008 at 7:06 PM
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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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Replying to: montydee (May 14, 2008 9:11 am) i think you'd find most of the educated lease folk on here, not including myself in that category, would tell you this: a good deal would be one that is $500 above invoice, including dest fee and dealer doc fee's. i'm NOT SURE if that "good deal" includes the acq. fee of $595 or not? i also think that these guys are going to tell you this: we need to know the exact options of your car, as well as the invoice price etc. all that information can be found on edmunds.com i'd STRONGLY recommend brushing up on your lease knowledge/education before making a deal. take time and read these posts. in them you'll find the information you need, while at the same time nobody will be able to afford the time to walk someone through hand in hand. here are a few things you need to figure your deal: invoice money factor (ask the dealer, per "dennis" if they won't disclose this info, don't deal with them.) bottom line is to educate yourself or pay later. IMO, without knowing your mf or invoice, i'd say you're not getting a good deal. the msrp and cap costs are too close?? i have an invoice on the same car, add sport edition for $34,600ish, and that was from the dealer, not edminds. the edmunds invoice is $34,200 something. something ain't right in your deal..... but then again, i'm nowhere near an expert or claiming to be. just trying to help a fellow person in my same situation. best of luck! |
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I currently lease a 2006 G35 6MT -- the 39 month lease runs out in 15 months. This is my second G and I have been very pleased with it. I have also invested in a set of Dunlop Sport M3's for the winter (nearly a grand) that have made my car feel absolutely blizzard proof. I am now wondering whether I should go ahead and buy the car at lease end (the residual was about 21k), rather than re-lease another vehicle. I would very much appreciate your thoughts on the matter!  Thanks.
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Replying to: dwynne (May 13, 2008 1:13 pm) |
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Replying to: drjustin (May 13, 2008 7:07 pm) was the sale price and MSRP that you gave made up? I am looking for an 08 Journey with the same options and based off Edmunds the MSRP for those options is $41215 and the optomistic Sale Price I was hoping for of $500 above invoice is - $38,137. Please let me know because if you did get quoted on the car at the price above I will be shooting for that price then as opposed to the 38 grand.
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Replying to: knr5 (May 14, 2008 10:35 am) Dennis
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Replying to: drjustin (May 14, 2008 8:02 am) =((A3-A4) / A7) + ((A3+A4) * A9) Where: A3=your negotiated price in dollars A4=residual in dollars (MSRP including destination * residual percent) A7=term in months (e.g. 36) A9=money factor (e.g. 0.00170) So if you paste in the formula and put the values needed in the cells indicated, you have a payment calculator. Dennis
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Replying to: skmiller22 (May 14, 2008 10:35 am) Dennis
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Replying to: skmiller22 (May 14, 2008 10:35 am) The VPP is not bad, but it is possible to get a lower price than VPP in some parts of the country.
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