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Prices Paid: Buying & Leasing Experiences Infiniti G35 G37 Lease Questions
3625 messages, Last post on Sep 06, 2008 at 10:24 PM
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Replying to: dwynne (May 13, 2008 12:50 pm) I hate to car shop because of the dealer games, so I thought I would share this basic "how to start" email, based on suggestions from dwynne and others in this forum. I found the "internet sales guy" email address on the dealership website. For me, if the email address was not online, I assumed the dealer was a bozo (at best) and I skipped him. Life's too short to deal with bozos. "I'm looking for a no-nonsense quote on a G35 as follows. I intend to buy this week if the numbers are good. * 2008 Infiniti G35 Journey * Premium Package * Nav Package * Exterior color [insert yours here] * Interior color [ditto] Could you quote me your bottom-line price on this car (if you have it in stock), and let me know what your doc/prep fees are, and if there are any dealer-installed options already on the car or other fees? I understand the IFS buy rate MF on this car (top tier) is 0.00126 for a 24 month lease, and the residual is 70% (12k/yr). If you mark up your MF please let me know." Some dealerships will not respond at all, some respond with spam, and a few will offer serious information. If you are in Southern California, or are willing to fly there and take a road trip home in a new car (what a sacrifice), I highly recommend Mission Viejo Inifiniti between LA and San Diego. Their initial offer, based on my email, was to obtain the color and options I wanted from another dealer, for a price of invoice + 500 and a doc fee of $45, with no added dealer garbage and no MF mark up. I ran their numbers on my Excel spreadsheet, and they added up to the penny. I could negotiate a few hundred bucks lower, but I like to reward good behavior  Here is the deal, 24 mo, 12k/yr with one email Monday and deal closed in a short phone call Tuesday: Journey, Prem + Nav MSRP = 37725 Neg. Price = 34994 Cap Cost = 34944+595 bank fee (rolled into the lease at this cheap MF) Drive off = DMV, $45 doc fee, first month's pmt (about 850 in CA) Pmt = 460.68+tax Most people live within a decent drive of a major metro area. The dealers in San Diego are [insert bad word here], but how far are you willing to drive to save a few K? For me, it's only 60 miles to southern fringe of LA, where free market competition works its magic. Your mileage may vary.
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Good morning everyone, I have been reading the board for the past week and I know a lot more about leasing then I did before...which was basically nothing. What I am wondering is how do you know when you have a good deal and when to ask for more? I walked into the dealer they quoted me $480 with $2500 down. I saw someone on the boards say if you can afford $480 a month you probably cant afford the G - For some its not about the money but the principle. Im not paying $480 if the last guy that walked out paid $425!! I walked out on that deal. Next time I walked in they quoted me $435 with $2500 down- not a bad jump considering I hadnt even started negotiating yet. That was for the G35x with premium package. MSRP $37815 Here is what Im working with now: G35x premium, nav, cargo net, splash guards MSRP $40180 sales price $36315 ($400 below invoice) 24 months - 15k miles $2066 out of pocket I used residual 70% and mf .00131 (both of which I was able to get here) tax .08625 I added the bank fee of $595 to the sales price = $36910 and I ran the numbers in the lease calculator - which I also got here. The total monthly charge I got was $557.41 with $2066 down or $590.44 with no money down. She offered $423 a month - given those numbers I cant see how it makes any sense unless Im going about this all wrong. Can any of you leasing gurus offer valuable imput? Are my calculations correct? Is it a good deal? Anyone seen better? Thank you, Laura Long Island NY Did I mention I was able to get a coupon for $150 off your best negotiated deal?? Im keeping that one in my back pocket till all is said and done! Every little bit helps! 
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Replying to: laurasmile (May 28, 2008 5:05 am) With those numbers and the lease calculator I found at www.ridewithg.com, the numbers with nothing down would be 489.27. With 2k down you should be below 400. And with the additional 150 bonus, if I figure the numbers correctly you should be at 388.90. The one caveat is whether or not the sale price includes or does not include destination charge. If not, then then number jumps to 421(with 2k down). With the low interest rates, it doesn't make any sense to put any money down. Muni securities are paying 4% tax free for goodness sakes, but that's a different topic. All the numbers include tax.
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feedback would be great. i think it is pretty weak based on what i am reading. g35x w/ premium and nav. tire lock, season mats 39850 discounted to 37708 money factor .00192 residual 23349 no money down 39mos/ 15k miles 700 at signing for tax and first payment 530 per month. this seems a little weak regarding the discounted price and money factor??
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Replying to: dannyben33 (May 28, 2008 1:10 pm) Thanks for your response. My lease calculator must be broken or Im doing something really wrong. Can you print screen a copy of the way it looks when you imput mine numbers and email it to me at my screen name at aol. On a separate note I took someone on the boards advice and sent emails to the internet salesperson at 3 car dealers in my area this morning. I got 1 actual response. And when he called me back with the numbers I was so impressed. $429 month/36months/15 miles for G35X premium and nav with $2000 out the door. At least it sounded good until I started asking the educated questions with what I learn here he was stammering and everything quickly went down hill. oh you wanted 15k - my quote was for 10 - residual? I dont know anything about that - I made him go look and he finally admitted to high 50's but thats all I could get out of him. whats included in the 2k down? well taxes and some other stuff. Now Im hesitating to do a 24 month lease only because I dont want to have to go through this again so quickly!! Laura
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Replying to: laurasmile (May 28, 2008 2:20 pm) I was reading your post and wanted to throw in my thoughts out there for you. When negotiating, try to shoot for a good sale price. Currently, in select parts of the country, you can get pretty close to invoice price. I personally got about $37 over invoice on my G37 a few weeks ago. (this includes the destination charge of $765 but excludes the $45 doc fee and $595 bank fee). I chose to pay the "fees" up front because the MF was a bit higher than I liked, so I didn't want to pay interest on it. You can see the outline of my deal HERE. make sure the dealer outlines all the fees you will be paying and compare it with other deals to make sure there aren't any discrepancies. I personally hate it when dealers play the "monthly payment" game because it obscures the details of the deal.
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I'm considering leasing a 2nd G35 - first was in March of 08. The car is a G35 sedan with Premium/Journey, 15k miles/year, 36 months. The deal then, which the dealer has offered to match now, was $718 down (initial month, tags, fees, etc.), $436/month + tax. I thought it was a decent deal back in March, and included a $500 manufacturer's incentive. This month, the incentive is not being offered by Infiniti, and the dealer claims to be "dipping into his holdback" in order to reach his numbers for the month. Any thoughts on this, good or bad? I'm of the opinion that Infiniti will offer more incentives in the coming months. The dealer claims that this won't happen, that 50%+ of the cars Infiniti sells are the G's, so no incentive is needed. I'm not in a huge rush, but if it's a good deal, I might do it. Opinions???
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Replying to: ufcpa (May 28, 2008 5:17 pm) From what i gather, from all the information and quotes others have been getting, there seems to be additonal incentives for the 39 month G35 leases. I'm not sure what that added incentive is, but i'm sure most dealers won't quickly release that information. Sweet G37 enjoy... |
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Replying to: nygiants1 (May 27, 2008 5:49 pm)
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Replying to: ndurick (May 28, 2008 1:35 pm) |
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