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Prices Paid: Buying & Leasing Experiences Infiniti G37 Lease Questions
4732 messages, Last post on Dec 08, 2009 at 8:57 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: allshort (Oct 18, 2008 6:47 pm) Sounds like a bad deal. We need to know the selling price of the vehicle to fully run down the lease calculation of your proposed deal. Just for comparative purposes, I just finalized a deal for a G35 (different vehicle, I know) but focus on this: 1) My MSRP was 39180 (more car than yours by about $2000) 2) My terms is 36 months /12000 miles (shorter term than yours) 3) My payment is only $3 more than yours Do a bit more research (check our earlier posts) as I think you can do better my friend. JJG
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Replying to: ucjjg (Oct 19, 2008 6:10 am)
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Hey Car_man, Do you have any details on the 2009's? My dealer just quoted me a "rate" of 2.7% for the lease, and a 59% residual on a 39 month, 12k lease. I'm sure they wouldn't screw with the residual, but just looking to make sure the 2.7% is where it should be. Thanks 
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Replying to: ucjjg (Oct 19, 2008 6:16 am) G37 is in model year i believe so getting it below invoice seems to be difficult.
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Replying to: allshort (Oct 19, 2008 10:55 am) |
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Replying to: robger99 (Oct 19, 2008 8:03 am) Here's my assessment based on what you have provided: MSRP: 39100 Residual assumption: 53% (post #3704 says 54%  39 mo / 15000. Am assuming a 1% drop for another 1000 miles) MF: .00135 (source is post #3704) Bank fee: 595 (standard for IFS, I paid this out of pocket to avoid finance charges) To arrive at a $516 payment, the selling price of the vehicle becomes: $36100 That would be about $1400 more for the vehicle than I paid. If you are trusting the dealer to be "fair and equitable" about the facts and figures in the calculation that's a mistake. My suggestion would be to have the dealer send you all the inputs so you can re-build the calculation on your own. Remember that the monthly payment is the natural outcome of the inputs. If you were to arrive at a sales price of $34,800, which is about what I got, given all the inputs above, your payment would be $479.08. Bottom line, is you have some room to manuever here. By the way...I also live in Michigan. Hope this helps. JJG
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Replying to: ucjjg (Oct 19, 2008 5:15 pm) |
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Replying to: ucjjg (Oct 19, 2008 5:15 pm) |
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Hi, I wanted to thank this forum for being very helpful with the lease of my new 2008 G35x from COMPETITION INFINITI, THE BEST DEALERSHIP. So I wanted to share my deal info with you guys and get a response of what you all think. Premium Package Painted Splash Guards Trunk Cargo Net Black Obsidan MSRP: $38,080 Invoice: $34,912 MF: .00135 Residual: 56% Cap Cost: $33,088 39 month lease 10,000 miles a year Tier 1 credit: added $6 a month NJ tax rollaed into payment 7% Due at signing: $1367.93* * First payment – 407.75 * Bank Fee - $595 * Bank Fee Tax – $41.00 * Tire Tax $12.50 * Registration - $250 * Some thing minor - $61.68 TOTAL MONTHLY DUE INCLUDING TAX - $407.75 ALSO I WANTED TO LET EVERYONE KNOW THAT KINGS INFINITI IN BROOKLYN, NY IS A HORRIBLE DEALERSHIP. I LEFT A DEPOSIT ON A CAR AFTER THE PURCHASE ORDER HAS BEEN SIGNED, THAT THEY SUPPOSEDLY BEAT FOR ME, AND WHEN I CAME IN TO SIGN THE LEASE AND PICK UP THE CAR THEY COMPLETELY CHANGED THE NUMBERS ON ME WITH ME PAYING $34 DOLLARS MORE A MONTH!!!!!!!!!!!!! I ARGUED WITH THEM FOR 2 HOURS THEN I REACHED A POINT WHERE I TOLD THAT THEY WILL BE HEARING FROM MY LAWYERS, AND THEY WILL BE, AND I STORMED OUT. EVERYONE STAY AWAY FROM THEM, THEY ARE A BUNCH OF LIEING SCUM.
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Replying to: carexpert08 (Oct 20, 2008 7:29 am)
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