Last post on Dec 12, 2013 at 9:44 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Infiniti G35, Infiniti G37, Car Leasing, Coupe, Sedan
#4072 of 8143 Re: Buying a leased G35 [knr5]
Feb 27, 2009 (11:07 am)
This is a quck update.
I bought the 2006 Infiniti G35 6MT I was leasing last month - about 7 months before the lease maturity date. I am happy with the decision -- the car is a peach!
The only fly in the ointment was the nightmarish experience of the purchase process. Infiniti requires that the purchase be made through the dealership and not directly with the IFS through whom the original lease was obtained. This has nothing to do with price negotiation, there was no negotiation since the pay-off amount was determined by IFS. It was the rest of the process -- what should have been done agreeably in a week was concluded in a most unsatisfactory, acrimonious manner in about 45 days! I had to make numerous calls to various people at the dealership, various departments of Infiniti, various departments of my bank, and different people in the county treasurer's office -- I had to repeat everything, nobody claimed to know anything, and nobody at Infiniti or the dealership wanted to be responsible for completing the job. Like I said, I paid for the car first week of January, and everything was concluded last week. I am so ticked off by the dealership, I do not wish to visit them ever. BTW, thanks to Infiniti changing the approved dealership twice in the last 3 years, I leased my car from one dealership, serviced my car at another, and bought out my lease at a third dealership.
I wanted to close the chapter on this saga. I hope my experience is not typical.
p.s.: Now that I am in a better frame of mind, I probably will try the new dealership once to see if they can earn back my trust.
#4073 of 8143 Re: 2009 G37 Coupe Journey w/ Premium, Sport & Spoiler [Car_man]
Feb 27, 2009 (12:09 pm)
Thanks car man! Here is the revised deal. It turns out he was quoting me with the nav/spoiler.
MODEL: 2009 G37 Coupe - Journey
OPTIONS: Premium, Sport, Navigation, Spoiler, Illuminated Kick Plates, Glass Sensor, Trunk Cargo Net, Trunk Mat.
The MSRP is 46,090.00. Edmunds says the invoice is $42,041. He said invoice is $41927. This is looking like a pretty sweet deal. Granted, we haven't run my credit yet, which will no doubt bump up the MS a little bit.
Capitalized Cost...... 42,402.67
Cap. Reduction........ 2,669.27
Doc Fee............... 45.00 Gov. Fees............. 8.75
Bank Fee.............. 595.00 Advance Pmts.......... 615.11
License Fees.......... 372.00
Total Cap............. 43,414.67 Total Drive Off....... 3,500.00
Cap Reduction......... 2,669.27
Net Cap............... 40,745.40 Less Rebates.......... 500.00
Residual....59.00% ... 26,998.40 Cash Due on Delivery.. 3,000.00
Total Depreciation.... 13,747.00
Depreciation.......... 381.86 Term.................. 36
Monthly Payment....... 615.11
#4074 of 8143 March Incentives from IFS?
Mar 01, 2009 (11:47 am)
Have you heard if IFS will offer any March lease incentives on '09 G37 Sedans? I spoke to a dealer in Florida last week who said that March is the end of the Japanese fiscal year and typically brings the most agressive incentives from the manufacturers.
I'm looking at a '09 G37 Journey Sedan with Premium Package. When available, can you send over the March lease rates and residual value for a 36 month lease with 18k miles/yr?
#4075 of 8143 March Incentives from IFS?
Mar 01, 2009 (8:52 pm)
I'd be interested in the March incentives as well. My current lease ends this month and I'd like to get an '08 G35X sedan with Premium Package. In the market for a 36 month, 12K miles lease.
#4076 of 8143 March incentives
Mar 02, 2009 (8:08 am)
I'm also chiming in with my interest in March incentives. As I posted earlier in the thread, my dealer here in DFW basically told me in early-February that I'd be much better off waiting until March to lease an 09 G37 coupe. In February, the incentives were all about moving the remaining 08s, and it March it should shift over to favor the 09s.
I'm also hoping the lease money factor drops again for the 09s, as it was significantly higher in February for some reason and really had the final lease rates jacked up quite a bit. Here's hoping for lots of good news from IFS soon.
#4077 of 8143 March MF
Mar 02, 2009 (1:23 pm)
Any word on whether the lease money factor will be going down in March for the 09 G37 sedan? My current lease expires on April 10th.
#4078 of 8143 Re: March MF [spk55]
Mar 02, 2009 (2:38 pm)
spk55, assuming your current lease is with Infiniti Financial Services, if you're not happy with the leasing terms offered in March or April, IFS will allow you to extend your lease up to 2 months on a month to month basis. My 2006 M45 Sport lease was supposed to be up at the end of February but I extended it so that I could wait for the March leasing terms on the 2009 G37x sedan since February's terms weren't that great. If March isn't great either then I'll wait for April.
Mar 03, 2009 (9:41 am)
My dealer in DFW just told me he got the March lease info. Money factor on a 2009 G37 coupe is .00339, with 60% residual for 36 months.
Money factor still seems pretty high. Any thoughts?
#4080 of 8143 Re: [mtw76mtw]
Mar 03, 2009 (9:50 am)
Wow, .00339 is worse than February's MF. 8.13% APR, Infiniti must not want to sell cars!
Mar 03, 2009 (10:07 am)
I'm hoping that's either wrong, or he's just quoting me high. Otherwise, yeah, that's bad news for March.