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Prices Paid: Buying & Leasing Experiences Infiniti G37 Lease Questions
4620 messages, Last post on Nov 09, 2009 at 3:03 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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CarMan, First e-mail response from the dealer on a 2008 G35X with premium: MSRP 38080 sale price-33800 money factor 1.29 residual-54% tax,fees,etc.,and 1st mo - 2500 monthly-411.11 Seems ok. Anyplace where you can see a place for improvement? Thanks
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goes with previous post: 39 mo 1K per month |
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I am being quoted a residual value of only 54% on a 2008 G35 with 10,000 miles for 36 month lease. In previous quotes you have said that the residual value is 55% for 12,000 36 month lease. I am thinking it should be around 56%. Is the dealer trying to make an additional profit with this low residual they are quoting me? Your input is appreciated. Thanks.
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Replying to: comohombre (Nov 07, 2008 8:45 am)
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Replying to: kingpcgeek (Nov 07, 2008 8:54 am) |
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Hello all. I have never leased a vehicle and I am a little apprehensive. But in order for me to drive a really nice car for a monthly payment that fits under my budget, I'm willing to give it a try. I'm specifically looking for a G35 Journey with Premium, Sport, and Navigation packages. The MSRP on this model is $39,815 and the invoice (including dest. of $815) is $36,321. I'd like to lease for 36 months and 15K miles a year but would be willing to go to 39 months and down to 12K miles a year if I could get my payments below $500/mo. on this vehicle. I was told today by two dealers that the residual was 51% for 15K miles and 39 months. I believe the MF equated to 1.49% APR. Also, both said Infiniti is waiving sales tax in Texas on leases which equates to 6.25%. Can you guys give me a ballpark estimate of what I should try and get my monthly payments to for this configuration while paying no money down save for first months payment and title/license? Also, if you have any insight as to dealerships in Texas that are making great lease deals, please do tell. I live in Houston but I'm willing to drive to Austin, San Antonio, Dallas, etc. Thanks!
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Replying to: cyncyn129 (Nov 04, 2008 8:05 am) 35440 + financing = 36,240 total |
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Replying to: wedwards (Oct 28, 2008 5:19 pm) 35,440 + .9% financing x 60 months = 36,240 |
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Replying to: twodomes (Nov 05, 2008 10:07 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: gtz02 (Nov 06, 2008 5:33 pm) That's good, so let's take a look at the selling price. A 2008 Infiniti G35 Sedan AWD with the Premium Package has a spread of around $3,100 between its full MSRP and its dealer invoice price. Add to this the $1,000 bonus cash incentive that Infiniti is providing on this model right now and there is a total of around $4,100 to play with. The $4,280 discount that you were quoted is probably very close to dealer invoice, which is an excellent deal. If you like the car, I personally don't see any reason not to pull the trigger on this deal. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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