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Prices Paid: Buying & Leasing Experiences Infiniti G37 Lease Questions
4694 messages, Last post on Dec 02, 2009 at 6:27 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: kingpcgeek (Jul 14, 2008 12:24 pm) Big difference, since any dealer can make such an offer and just make sure to over charge you enough on the new deal to make up the difference. Or they just shrug when IFS bills you for the issues after you have already signed the new deal. If it is from IFS, then I would assume it is legit. It could also be they always do this without a "coupon" or this could just be a "we are desperate" one time deal - I don't know. Coupled with the turn in "fee" this would be a good way to keep folks in the IFS fold since turning in a less than perfect car and NOT leasing a new one from IFS could cost you $850 more. Always get a pre lease turn in inspection done so you get an itemized report (with prices) of what they might hit you with at lease end. Then you can decide if you want to fix items yourself or seek "forgiveness" or just pay them to fix it. AHFC (Honda) is head and shoulders over these other lease banks, by the way. They offer $500 per item forgiveness and up to $1,500 per vehicle forgiveness and no turn in fees. It does not matter if you lease another Honda or not, but with that kind of attitude it is hard NOT to get another Honda  . Dennis |
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Replying to: gforce11 (Jul 14, 2008 12:46 pm) . They had really cheap lease deals on 08 Honda Pilots, for example, then pulled them in favor or finance / cash only deals once the 09 Pilot was set to launch. They have had cheap S2000 lease deals too, but pulled them for July (and they may not return, but who knows). Any time sales are slow enough any captive bank can pull out a cheap lease deal to move cars, but they get 99% of them back at the end of the term. So at some point in the model year they may try to convince the customer it is much better to buy the car than to lease it. Generally when the new model cars arrive there are no deals - partly because of the left over prior year cars and partly because of all those "got to be the first one with the new model" folks that come in a buy. Once those folks have theirs and the prior model cars are off the lots, then they can start dealing on the new year cars. For a 3rd party bank lease, the residual is highest at the start of the new model year and drops through out that year. The MF is tied to the lessee's credit rating and the cost of money. So if the MF was constant as was your price, then September is probably the cheapest time for a 3rd party lease. Captive lease banks don't follow any such logic - they set residuals artificially high and rates way low when they want to move cars - and can do it whenever it suits them. There were left over Infiniti Ms going for 0.00001 or something MF a couple of years ago. Dennis
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Replying to: dwynne (Jul 14, 2008 1:11 pm) It was IFS. They sent one at the 6 month mark, and then one again at the 3 month mark. There were left over Infiniti Ms going for 0.00001 or something MF a couple of years ago. EX35's are going for .00001 for 24 months and .00002 for 36 months through 9/2 |
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Replying to: dwynne (Jul 14, 2008 10:52 am) Any insight on the deal itself? From what I've read and *assuming there are no surprises- this seems to be OK. Thanks again, Mitch |
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Replying to: shinng (Jul 11, 2008 8:23 pm) It sure goes against logic that the residual on the 08 is lower in November then it is in March and April. August 2007 2007 Infiniti G35 X Sedan 24 Month – Residual 67% of MSRP – .00169 Base Rate 36 Month – Residual 57% of MSRP – .00207 Base Rate September 2007 2007 Infiniti G35 X Sedan 24 Month – Residual 66% of MSRP – .00146 Base Rate 36 Month – Residual 56% of MSRP – .00191 Base Rate November 2007 2008 Infiniti G35 X Sedan 24 Month – Residual 69% of MSRP – .00241 Base Rate 36 Month – Residual 59% of MSRP – .00245 Base Rate March 2008 2008 Infiniti G35 X Sedan 24 Month – Residual 70% of MSRP – .00142 Base Rate 36 Month – Residual 60% of MSRP – .00160 Base Rate April 2008 2008 Infiniti G35 X Sedan 24 Month – Residual 70% of MSRP – .00142 Base Rate 36 Month – Residual 60% of MSRP – .00160 Base Rate July 2008 2008 Infiniti G35 X Sedan 24 Month – Residual 68% of MSRP – .00147 Base Rate 36 Month – Residual 58% of MSRP – .00167 Base Rate |
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Replying to: kingpcgeek (Jul 14, 2008 2:26 pm) I have been real busy the last few months so it has not been update to reflect the latest rates, higher prices, and customer cash. Each of the cars is "purchased" at $500 over invoice and everything else paid at signing and no taxes. Each is the model shown plus premium pack. Dennis
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Replying to: dwynne (Jul 14, 2008 3:04 pm) 
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Replying to: dwynne (Jul 14, 2008 9:34 am) Also, because there has been no information on the release of the 09 coupes, I surely do not want to wait for that to be announced. By that time, my lease might already be up. Now I'm getting nervous about turning in my non-infiniti car at the end of the lease for scratches/minor dents/tire wear. Assuming this is the way to go, I will see if I can get an Infiniti dealer to buy this car or at least make the rest of the payments (which is only 1-2 more left) so that I can avoid having any excessive charges. |
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Replying to: gforce11 (Jul 10, 2008 8:32 am) Thx for help! |
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Replying to: dwynne (Jul 14, 2008 3:04 pm) given the state of the economy + gas prices, and the timing of the new models coming out soon, one would think they would be offering better incentives to push through more volume. i don't get it. i want the car but i have to be realistic-- if the leasing terms aren't that attractive, i have to take a hard look at the alternatives.
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