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Infiniti G37 Lease Questions

4680 messages,  Last post on Nov 25, 2009 at 11:43 PM

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

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#3929 of 4680 Final Lease Details by tiger93 Dec 22, 2008 (6:26 am)
After three weeks of emailing and phone calling every dealer in town (all two of them), here are the final lease details on my new 2008 G35x with premium package, painted mud guards, cargo net, and the performance wheel & tire package.   39 month/15k miles/yr MSRP: $38,480 Cap: $33,853 MF: .00119 Resid: 53%   I rolled all fees into the lease so my first payment was the only thing due at signing. Monthly payment works out to $440/month before tax. For a zero-down 15k mile lease in my not-so-competitive market, I'm happy.   Picked it up on Saturday and had the pleasure of driving it home in a snow storm. Passed a half-dozen cars along the 30 mile trip home that went into the ditch or a guardrail. Not the G though....handled it with ease. Replies to this message: Car_man (Dec 23, 2008 2:57 am)
#3930 of 4680 Re: G35x [Car_man] by stuffedmonkey Dec 22, 2008 (10:06 am)
Replying to: Car_man (Dec 22, 2008 4:03 am) Car_man,   Is the money factor that much lower on the 36 month lease versus the 39 month lease using IFS? (.00062 vs .00119) I am working with thre dealerships now on an 08 G35x. The best deal so far is:   2008 Infiniti G35X MSRP $38,030 39 month lease 10,000 Miles Per Year $462.34 Per Month (Includes 6% Sales Tax) $0 Down $648.34 Total Due on Delivery   I still think there is room to come down on this based on what I have been seeing. Any opinions?   Thanks. Replies to this message: Car_man (Dec 23, 2008 3:11 am)
#3931 of 4680 Re: December Lease Numbers [drjustin] by Car_man HOST Dec 23, 2008 (2:44 am)
Replying to: drjustin (Dec 12, 2008 10:14 am) Here's the information that you're looking for, drjustin. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 G35 Sedan Journey with 15,000 miles per year are .00062 and 52%, respectively.   When negotiating your lease on this car, make sure to take advantage of the $1,000 bonus cash that is currently available on it. This incentive should enable you to get this car for under dealer invoice.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: rucrazy (Dec 23, 2008 2:59 am) drjustin (Dec 23, 2008 9:59 pm) passat_mx (Dec 25, 2008 4:01 am) drjustin (Dec 25, 2008 10:48 am) and 1 more... Car_man (Jan 08, 2009 3:26 am)
#3932 of 4680 Re: 2008 G35x [steelth] by Car_man HOST Dec 23, 2008 (2:49 am)
Replying to: steelth (Dec 17, 2008 5:22 am) I'm glad that you found this discussion so helpful, steelth. Thanks for taking the time to give back and share the details of your lease with everyone. If you'd like, you can hop on over to the Dealer Ratings & Reviews section of Edmunds.com as well to share your thoughts on your recent dealer experience. Happy holidays and enjoy your new ride !   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#3933 of 4680 Re: 2008 G35x [dchez] by Car_man HOST Dec 23, 2008 (2:52 am)
Replying to: dchez (Dec 20, 2008 10:54 am) Hi dchez. At first glance, that payment looks great. However, it would be much easier for me to provide you with a detailed evaluation of this deal if you were able to provide me with this car's MSRP and selling price. As you probably already know, the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without these numbers, it is difficult to tell how large a dealer discount you are being given. Let me us know what these numbers are and I'm sure that either myself or another knowledgeable community member will gladly tell you what they think.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#3934 of 4680 Re: G35 Lease Exit options? [cjnapolitano] by Car_man HOST Dec 23, 2008 (2:54 am)
Replying to: cjnapolitano (Dec 20, 2008 9:34 pm) I'm really sorry to hear about your rough situation, cjnapolitano. Unfortunately, it is usually fairly expensive to get out of leases well before their scheduled end dates. In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.    You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#3935 of 4680 Re: Final Lease Details [tiger93] by Car_man HOST Dec 23, 2008 (2:57 am)
Replying to: tiger93 (Dec 22, 2008 6:26 am) Congrats on getting your new G35, tiger93. A snow storm, huh? It's a good thing that you went with the AWD version . Thanks for taking the time to share the details of your deal with everyone. If you'd like, you also can zip on over to the Dealer Ratings & Reviews to share your thoughts on your recent dealer experience as well. Happy holidays and enjoy your new ride !   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#3936 of 4680 Re: December Lease Numbers [Car_man] by rucrazy Dec 23, 2008 (2:59 am)
Replying to: Car_man (Dec 23, 2008 2:44 am) Hi CarMan - do you have the numbers (lease factor and residual) for a 2008 G35 X AWD. 15K 36 month Thanks!
#3937 of 4680 Re: G35x [stuffedmonkey] by Car_man HOST Dec 23, 2008 (3:11 am)
Replying to: stuffedmonkey (Dec 22, 2008 10:06 am) Hey stuffedmonkey. IFS' 36 month money factor for the '08 G35 AWD Sedan is a little lower than its 39 month factor, .00096 vs. .00119. This is not as large as the difference that you mentioned though.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#3938 of 4680 Re: December Lease Numbers [Car_man] by drjustin Dec 23, 2008 (9:59 pm)
Replying to: Car_man (Dec 23, 2008 2:44 am) Thank you very much Car_Man........that helped ALOT! the dallas dealership had me at .00092 and my credit is 767........   now that i'm looking at the numbers on an '08, i figured i need to do my due diligence and at least check out the '09 possibilities. do you happen to have the Residual and MF for the '09 journey sport??   here is the deal i've been offered thus far, and to be quite honest, i'm sincerely surprised at how neither the tulsa nor dallas dealers are willing to come down on the sales price to move these '08's out.....   08' journey sport/prem   msrp =37985 sales price =34400(essentially invoice price) (dealer claims the $1000 incentive is his profit and also "said" "well i don't have to give you that incentive...." blah blah" " i need to make some money on it") residual=52%(19752) mileage=15k term=36 MF=.00062 acq fee=595 Tax=1240 capital cost reduction=$2k (said the gap insurance protects me in event of a total loss) doc fee=149   $440/mo   total due at signing=$2440(2k cap cost red and 440 for 1st payment.)   like i said, i'm not totally crazy about this deal, but i'm getting closer to pulling the trigger. closer, not there yet.   QUESTION: does one ALWAS have to pay their first payment?? or is this somehow a way to sneak in extra profit??? SOMEHOW??   thoughts? comments? thanks again for all the help you've given board members. Replies to this message: passat_mx (Dec 25, 2008 4:01 am) drjustin (Dec 25, 2008 10:48 am) passat_mx (Dec 27, 2008 9:02 am) Car_man (Jan 08, 2009 3:26 am)

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