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Infiniti G37 Lease Questions

4618 messages,  Last post on Nov 08, 2009 at 6:37 AM

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


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#3848 of 4618
G35X Purchase in NY City Suburbs by ftam
Nov 29, 2008 (7:10 am)
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I am looking to buy a 2008 G35X with premium and navigation packages and would like a reality check on pricing. There are lots of dealers around here and they have large '08 inventories. Given the 4k incentives, I am thinking that a purchase price should be around 33k +TTL. Would be interested to learn if this is on target or am I missing something. Thanks.
#3849 of 4618
Re: 2008 G35 Lease in Texas [cadenhead] by toyoman8
Nov 30, 2008 (6:51 pm)
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Replying to: cadenhead (Nov 24, 2008 11:24 am)

how much did you pay out of pocket and what are the monthly payments?
#3850 of 4618
Re: 2008 G35 Lease in Texas [toyoman8] by toyoman8
Dec 01, 2008 (9:04 am)
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Replying to: toyoman8 (Nov 30, 2008 6:51 pm)

Just received a quote Houston TX
 
 MSRP $34900
Sell Price $34300 (yeah ok)
53% residual
1.12% rate my credit is 695
$3000 trade in (or you can say cash down)
 
36mosx12k=449 monthly Good luck
#3851 of 4618
Re: 2008 G35 Lease in Texas [toyoman8] by automan999
Dec 01, 2008 (10:12 am)
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Replying to: toyoman8 (Dec 01, 2008 9:04 am)

Thats a terrible deal, in CA. I can get a 2008 G35 Journey, w/Premium Package, list $36360, price $30900 + tax.
#3852 of 4618
Re: 2008 G35 Lease in Texas [automan999] by topps9898
Dec 01, 2008 (11:28 am)
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Replying to: automan999 (Dec 01, 2008 10:12 am)

All,
 
Going tonight to discuss a deal, can you tell me if the below deal is good. I need to know ASAP. Thanks.
 
G35X with Premium Package
MSRP $38,008
Cap Cost $33,984
Residual: 54%
MF: .0019
39 months
12K per year
$4300 (down Payment and fees)
 
Final monthly payment: $359
 
Need to know quick, thanks so much for your help.
#3853 of 4618
Re: 2008 G35 Lease in Texas [topps9898] by kingpcgeek
Dec 01, 2008 (11:44 am)
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Replying to: topps9898 (Dec 01, 2008 11:28 am)

You should not make a down payment (cap cost reduction) on a lease. You risk losing some or all of your cap reduction as soon as your drive off the lot if your car is totaled or stolen. Insurance companies only pay for the market value of a lost or stolen car, and the depreciation starts as soon as the tires hit the road with you behind the wheel.
 
If you are worried about higher payments take the money that you would have put down to cut the payment in a higher interest savings account. If and when you need to make a lower car payment take some of the money out of savings to help with the payment.
#3854 of 4618
Re: 2008 G35 Lease in Texas [kingpcgeek] by topps9898
Dec 01, 2008 (12:46 pm)
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Replying to: kingpcgeek (Dec 01, 2008 11:44 am)

It's actually a trade it but I can that doesn't change things much. I just didn't want to go through with the Hassle of selling it myself.
 
Thanks for the advice. How do those numbers sound?
#3855 of 4618
Re: 2008 G35 Lease in Texas [topps9898] by automan999
Dec 01, 2008 (4:09 pm)
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Replying to: topps9898 (Dec 01, 2008 12:46 pm)

Bad advice, the point to a lease is to 1- get more car for your money, 2- as little down as possible. You have a good deal on the price of the car, and most leasing companies, I think Infiniti included have GAP insurance, which covers the difference between the actual amount the insuance company will give, and what you owe. The last three leases I had came with GAP insurance. Of the $4300, put $1500 down, and get a check for $2800, put that in the bank and use it for whatever you want.
#3856 of 4618
by topps9898
Dec 01, 2008 (6:38 pm)
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Thanks Automann, i went to the dealership tonight and they low balled me big time on the trade in. They offered a $1000 less for the trade and a new monthly price of $394. Although probably still a good deal, I walked on the principal that the trade in offer was way to low.
 
I am hoping that December deals will be better as inventories still seem to be high. Does anyone have any idea what December offers from infiniti might be like, better or worse?
 
I am located in the NJ area.
 
Thanks
#3857 of 4618
Re: [topps9898] by klynch06
Dec 01, 2008 (7:18 pm)
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Replying to: topps9898 (Dec 01, 2008 6:38 pm)

Hi,
 
Same thing happened to me a month ago. I had the deal worked out with a dealership on line but when i got to the dealership the changed my trade by $1400.
I got up to walk out and they switched it back but by then I refused to do business with them. Now I will wait to see what the deals are in December, even January if need be. I don't need a car, I want a car and therefore do not have to make a deal with anyone unscrupulous. Let me know how your dealings work out and I will let you know how it works for me too.
 
Best of luck!

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