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Infiniti G35 G37 Lease Questions

4334 messages,  Last post on Jul 04, 2009 at 1:03 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Infiniti G35, Infiniti G37, Car Leasing, Coupe, Sedan


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#3342 of 4334
Re: July rates for g35/g37 [shinng] by kingpcgeek
Jul 14, 2008 (3:26 pm)
Reply

Replying to: shinng (Jul 11, 2008 9:23 pm)

For the heck of it I pulled up some numbers from the last year that I found at leasecompare.com. I'll have to use a G35X comparison since that's the only number I found for September of 07. It does look like August and September are bad times to lease. Which does not bode well for me having to get a new car by October 23rd.
 
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
#3343 of 4334
Re: July rates for g35/g37 [kingpcgeek] by dwynne
Jul 14, 2008 (4:04 pm)
Reply

Replying to: kingpcgeek (Jul 14, 2008 3:26 pm)

Here is my payment chart that runs from June 07 to April 08. click here
 
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
#3344 of 4334
Re: July rates for g35/g37 [dwynne] by kingpcgeek
Jul 14, 2008 (4:19 pm)
Reply

Replying to: dwynne (Jul 14, 2008 4:04 pm)

I see an Accord in my future.
#3345 of 4334
Re: July rates for g35/g37 [dwynne] by shinng
Jul 14, 2008 (6:27 pm)
Reply

Replying to: dwynne (Jul 14, 2008 10:34 am)

I just saw your excel sheet and that was very interesting to see, thanks for that. I must say it is disappointing to see/read that Sept was one of the worst. I guess I will have to start negotiating now through August at the latest.
 
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.
#3346 of 4334
Re: July rates for g35/g37 [gforce11] by medman3705
Jul 14, 2008 (8:16 pm)
Reply

Replying to: gforce11 (Jul 10, 2008 9:32 am)

I am looking at a g35x, 24mo lease with 25K miles/yr. Options include nav, premium, tech or sport pkg, $2500 out of pocket, for $590/mo. MSRP $41280, SP $ 38,650, residual $26896. Good deal or Bad Deal? NJ Dealer.
Thx for help!
#3347 of 4334
Re: July rates for g35/g37 [dwynne] by purchasingsoon
Jul 14, 2008 (8:49 pm)
Reply

Replying to: dwynne (Jul 14, 2008 4:04 pm)

cool chart dennis. would you say that in your opinion (using the g35 journey w/prem, for example), the trend in monthly payments probably trended back up to the 460-470ish range since april? not looking for an exact amount or anything, just curious if you think it has basically trended back up to where it was back in the beginning of the chart. very interesting!
 
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.
#3348 of 4334
Re: July rates for g35/g37 [purchasingsoon] by dwynne
Jul 15, 2008 (9:41 am)
Reply

Replying to: purchasingsoon (Jul 14, 2008 8:49 pm)

They are offering big PURCHASE incentives now - low (or zero) rates and cash to the dealer / customer for buying a G. I guess they figure they have enough leased Gs coming back in 24/36/39 months and want to move cars for purchase and not as much for lease.
 
It all depends - if folks do not buy even with the rates and incentives and don't lease based on the current rate, then they will either stockpile cars or have to offer better lease deals. If they can keep the days supply down without giveaway lease rates then I would guess they will be happy.
 
Dennis
#3349 of 4334
Re: July rates for g35/g37 [dwynne] by kingpcgeek
Jul 15, 2008 (9:48 am)
Reply

Replying to: dwynne (Jul 15, 2008 9:41 am)

Here is to nobody buying or leasing this month.
#3350 of 4334
Re: July rates for g35/g37 [kingpcgeek] by kywon
Jul 15, 2008 (5:22 pm)
Reply

Replying to: kingpcgeek (Jul 15, 2008 9:48 am)

Heh, the lease on my TL is up at the end of the month, and I'm pretty set on leasing a G35.
 
I'm curious about 3rd party leases though. I've leased my last 5 cars and 3 weren't with the captive finance company... one was through Chase and two through Wells Fargo. At the time that I leased, these 3rd party leases were providing better terms.
 
The problem is that you don't know what their residual or MF are going to be, but now I'm thinking, with all the "Purchase Only" cash out there, isn't a 3rd party lessor technically buying the car, therefore taking advantage of that purchase cash resulting in a lower sales price? This could offset higher interest/lower residuals.
 
Oh, and speaking of incentives, do you have to currently own or lease an Infiniti to get the Lease (or Purchase) Loyalty cash?
 
Thanks.
#3351 of 4334
Re: July rates for g35/g37 [kywon] by kingpcgeek
Jul 15, 2008 (5:49 pm)
Reply

Replying to: kywon (Jul 15, 2008 5:22 pm)

Unfortunately to get the Cash to Dealer (to you) which is $2000 on the sedan at this time you must use IFS to finance your car, and you don't get the special financing rate either.
 
Last month there was $375 lease loyalty cash for previous Infiniti customers, and "conquest" cash for non-customers. I am not sure if there is a equivalent $500 conquest cash this month.
 
You can always go to leasecompare.com and get an estimate of lease rates. I checked a G35 Journey and the best rate was 51% residual and .00246 residual on a 36/15k lease. The IFS rate for the same lease is 56% / .00134.

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