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Infiniti G37 Lease Questions

4715 messages, Last post on Dec 06, 2009 at 2:10 PM
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The short version: Can a dealer lock in the extended June (until 7/7) lease rates when I will not take delivery until 7/8. The longer version: I went into a dealer on 6/30 and negotiated what I consider to be a good deal. I figured it was the last day of the month & fiscal year and the dealer had the car I wanted on his lot. The dealer wanted me to pay about $350 more on the deal than I wanted, (which was due to having one more payment on my current '05 G35). I also found out that my first choice color combo of the car was already sold. I was willing to accept my second choice color combo (same equipment), that the dealer also had. The dealer agreed to terms with me, but he wanted $350 more than I wanted to pay, so I left the dealership. About a couple hours later, after talking to some co-workers, I changed my mind and called the dealer back and agreed to their numbers. Bear in mind this was still a very good deal, still below invoice. The salesman said great and he would call me back. When he called me back he said the second choice car was already sold. I was slightly miffed, and the salesman tried to get me in another car, same color combo, but with wood trim, which I did not like and it was more $. He also offered another car with the same equipment and my second choice exterior color, but a different interior color. Anyway, I was a little annoyed and said no thanks. On tuesday, 7/1, I learned from Dennis that the June rates had been extended. I called the salesman and he also agreed that the program was extended, lease cash and all, for another week. I then said, can you get me my first choice color combo car before the extended rates expired. He said he would see about availability at other dealerships and get back to me. On 7/2 we talked and he said he could get one exactly as I wanted from another dealership and they would still do the deal (even though no longer the last day of the month- I guess June sales figures big decrease for Infiniti had them wanting to move vehicles). I filled out the Infiniti credit app and faxed it back to him. I had already been preapproved due to my current IFS lease coming to an end, but they ran the credit to make everything kosher. He then advised that they had to send someone to a dealership to get the car, it would be available 7/3 or at the latest 7/7. (dealership closed for 7/4 holiday). No word from salesman. Today, 7/7 still no word. I went in and he said they would be getting the car tomorrow 7/8. I did not mind waiting, but I was concerned about the rates. Salesman told me that when they ran my credit app, that locked in my rates at the extended june early july rates. Obviously if the program is better for July 8, I may be a bit miffed, but I did get a good deal (not as good as the one I read on these boards yesterday for the same car, but better than most of what I have been reading). Can this be done? Can the rates be locked? Or will they just date the transaction 7/7? I am sure they have the VIN from the other dealership. Any thoughts. I will share my deal later, I do not want to jinx it. thanks gperr
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Replying to: gperr (Jul 07, 2008 4:34 pm) I took delivery today and all went smooth as ice with all paperwork being dated today, 7/8. So, I guess you can lock rates in. I was also told that the july rates would cost me about $30/month more for a lease due to no more lease cash and lower residual and higher money factor. I will post details of my deal in the "Prices Paid/Buying Experience Forum." gperr |
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Does anyone know the money factor and residual for the G35 Sport? I'm looking at 3 years, 12,000 miles a year.
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Here are the numbers my dealer gave me for a G35 AWD Lease. I told him I would have the top tier credit, and according to them (you guys tell me) they dont mark up the money factor Money Factor 24mo .00197 36mo .00217 39mo .00234 Residual (15k/yr) 24mo 68% 36mo 58% 39mo 57% For 12k and 10k/yr add 1 and 2% respectively to those numbers. Those numbers certainly are not as good as june, and with the loss of the 350 conquest cash, the leases are not as attractive (dangit!) |
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I recently graduated from school within the last year, does anyone know the details to the "signature graduate" program? i'd like to find out the details without applying online. thx in advance! |
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Hey, Just wondering what would be a good sale price on an 08 G35X sedan right now? I know on my G37 coupe a good negotiated rate was 500$ above invoice including destination fee's and dealer fee's. Should that be a good rule of thumb for the 08 sedan as well? Or are people on the boards getting below invoice now since the 09's are set to release soon and they will be moving to the G37 Sedan? Does it make sense to lease now or would I be able to negotiate a better deal in August/September when they are trying to clear inventory? These boards were a big help for my coupe a couple months back and im just trying to get the same advice for my GF's car. Thanks! |
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G35 Journey Sedan Auto prem, navi, sport MSRP: 39,765 Invoice: 36,271 lease: 36 month 12k miles a year 463 per month before tax //// 502 per month after tax ( California tax) 36 Month – Residual 58% of MSRP – .00134 Base Rate all the doc fees are included into the 1500 down ( includes first month, payment) basically 1500 out of pocket up front local sales tax: 8.250 % |
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Hi-- I'm reposting with better numbs. Dealer will keep 350. cash incentive in place. I want to buy this car! Can someone pls let us know if this is good or, what we're missing? Thanks so much! lease deal for G35x (AWD) w/Prem and wood trim pkge ($450.): MSRP 37,775 (incl cargo net, splash guards) Invoice $34,604 Sale $35,244 (incl $595. Aquisiton fee, $715. Destination fee, $99. Doc fee, $350. Customer loyalty) MF .00150 (36 months) Residual 60%- 36 months Cash upfront needed: Fees: license: $154., title: $50. Taxes: $2067. (6%) Acquisition: $595. Doc.: $99. ------------ $3024. (his number- this is off) + $460.21 (1st pymt)
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Replying to: mitchelllll (Jul 10, 2008 4:42 am) It's added into the sale price already and you are paying it upfront? Doesn't sound right. |
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July rates for g35/g37 Lease Formula/Calculator
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