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Prices Paid: Buying & Leasing Experiences Infiniti G37 Lease Questions
4619 messages, Last post on Nov 08, 2009 at 1:36 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Looking for either G35 sedan or G37 coupe (which ever is more affordable) Journey edition, w/o navi. I have $1000 down and 2$000 negative equity (2006 Accord) What is the best possible payment I should be able to get assuming I get the car at $500 over invoice (or better). I live in cali, so i figure taxes are like $25 a month plus payment. I want to be in the 400-450 range for either 24 months or 36 months with 12,000 per year. Thanks for you help
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Replying to: cyncyn129 (Jul 17, 2008 8:31 am) I think the key thing is just not to buy when it is really bad - high rates and no cash or dealer incentives, like last September. Dennis |
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Replying to: trusaleen1 (Jul 17, 2008 1:07 pm) G35 MSRP 35,965 Invoice 32,996 Sell Price 33,496 Incentives (500) Cash Down 1,000 License Fees 618 Bank Fee 595 Doc Fee 395 Total Fees 1,608 Prior Lease 2,000 Cap Cost 35,604 Term 36 Residual 58% Money Factor 0.00134 Residual 20,860 Depreciation 410 Interest 76 Tax 38 Local Tax 7.95% Payment 485 Total Payment (incl tax) 523 |
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My first potential lease. 2008 G35X + Navigation + Premium. Hail damage repair. Damage necessitates replacement of hood, trunk, PDR on roof. Cap cost $35,300. Monthly payment is about $472 for 24 months. MF= .00147. Acquisition is about $550. 16K miles per year. Put down a $500 deposit on my credit card after negotiating (60 minutes) $1470 off cap cost which was about invoice or $37K. I think the residual was about $25K but I'm not sure. $0 down, but will pay TTL up front. Haven't signed anything yet, but car is ready to pick up tomorrow. I don't think I offered a low enough price for cap cost--didn't negotiate the best deal. I was advised by a competing dealership to watch out for 3rd party financing. They can shake you down at the end with disposition fees. Warranty on body work is by the dealership. Dealership group is big, but larger competitor has been buying up some of their other dealerships in the area over the years. My concern is if repair don't stand up to 2 years, and the repairs aren't under warranty, I'll take a hit. I emailed my salesperson to send me the lease copy so I could read it before I'm in the store, but they haven't replied in 2 days. I left a voicemail late today. Minneapolis.
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Replying to: pcrequest (Jul 17, 2008 8:45 pm) |
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Replying to: kingpcgeek (Jul 17, 2008 9:19 pm) Is the $2000 Marketing Dollar available for Captive Leases as well as purchase? Marketing Support $2000 Cash to Dealer start: 07/08/2008 end: 09/02/2008 Get Dealer Pricing Restrictions $2000 Dealer cash may not be combined with 1.90 % APR and vehicle must be financed through the manufacturer's captive finance company. Comments Dealer participation may vary. Incentives and Rebates are provided subject to the terms of our Visitor Agreement.
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Replying to: coast2coast (Jul 17, 2008 10:34 pm) |
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Replying to: pcrequest (Jul 17, 2008 8:45 pm) Might be OK if you were buying and got a rock bottom way under invoice price, but I would pass. Invoice a new, no body work x with premium and Nav is $36,604. I would cancel this whole mess and start over and do your lease the right way with another dealer. Never spend 60 minutes (or even 6) negotiating at a dealer's lot. You do all this before you step onto the lot via e-mail or phone. Hammer the price down low and then work out the lease numbers yourself. Dennis
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Replying to: dwynne (Jul 18, 2008 9:21 am) Updates: Lease is through IFS. 68% residual or about $26500. So my risk is turning in a car that isn't right, if the repairs somehow don't hold up? Dealer is giving lifetime warranty on repairs. If dealership is sold, I'd have to think liabilities like warranties have to carry to the new owner. So it's not as bad as I thought it could be. I think I may email the other dealer an offer. They didn't want to talk on the phone. If they'll do $470 on a new. Then I can go back to hail deal and renegotiate. |
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Replying to: coast2coast (Jul 17, 2008 10:34 pm)
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