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Infiniti G37 Lease Questions

4727 messages,  Last post on Dec 08, 2009 at 9:25 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#4125 of 4727
Re: G37X with Prem and Nav [lch77] by sam_k
Mar 17, 2009 (12:07 pm)
Reply

Replying to: lch77 (Mar 17, 2009 10:58 am)

I believe the $2,000 rebate only applies to purchases not leases.
 
Also, your montly payment is usually lower with a 39 month lease than a 36 month. If you take the same MSRP and cap cost (i.e. negotiated price) and run it through a lease calculator with both the 36 and 39 month money factors and residual percentages, you'll usually find a lower payment with the 39 month lease even if the money factor is slightly higher on the 39 month lease.
 
Just as a reminder so people don't have to look back, the March lease terms for a 2009 G37x on 36 month 12k miles/year lease are .00209 money factor and 58% residual percentage. The numbers for an otherwise identical 39 month lease are .00229 and 57%.
#4126 of 4727
G37 Coupe (Sport, Premium, Nav) by zaubermeister
Mar 17, 2009 (1:55 pm)
Reply
Just went to a car dealer today in Florida.
 
Invoice for G37 Coupe with sport, premium, nav, incl. destination is $40.952.
 
The MF for the coupe seems much worse than for the sedan though (0.00279 vs 0.00209 which equates to 6.7% interest vs. 5.0% interest).
 
36 month lease residual is at 60% vs 39 month residual at 57%.
 
There seem to be March incentives for customers (loyalty) of $500 and dealers of $2,000 floating around.
 
Can someone verify or point out where/how to get a better deal? The dealer mentioned to stay put for a few more weeks until better incentives are coming out.
 
Any thoughts?
 
Thanks.
#4127 of 4727
Re: G37 Coupe (Sport, Premium, Nav) [zaubermeister] by sam_k
Mar 17, 2009 (2:08 pm)
Reply

Replying to: zaubermeister (Mar 17, 2009 1:55 pm)

I'm waiting until April to see what promotions come out on the 2009s. I think most of the 2008s will be gone by then so I'm hoping they give more incentives on the 2009s in April. The 3% higher residual on the 36 month lease is very strange. Usually it's only 1% difference. Is the money factor identical for both the 36 and 39 month leases? That would be strange too. Usually they have different money factors. If the money factor is the same, then the 36 month monthly payment should be cheaper based on the 3% higher residual value but I haven't run the numbers to confirm. It's possible that the money factor on the 39 month lease could be lower to make up for the lower residual percentage.
 
I don't think you can get the $2000 rebate on leases but maybe Car_man or one of the other hosts can confirm.
#4128 of 4727
Re: G37 Coupe (Sport, Premium, Nav) [sam_k] by zaubermeister
Mar 17, 2009 (2:14 pm)
Reply

Replying to: sam_k (Mar 17, 2009 2:08 pm)

The residuals and MF I got from the dealer and from another website. But if someone has different ones, I'd be curious to know. At least my initial check seemed to indicate that the dealer was not screwing me around.
 
I ran the numbers, and the 39 month lease comes out a few dollars cheaper.
#4129 of 4727
Re: G37 Coupe (Sport, Premium, Nav) [zaubermeister] by sam_k
Mar 17, 2009 (2:19 pm)
Reply

Replying to: zaubermeister (Mar 17, 2009 2:14 pm)

Was the money factor of .00279 the same for both the 36 and 39 month leases? You didn't mention it in your original post.
#4130 of 4727
Re: G37 Coupe (Sport, Premium, Nav) [sam_k] by zaubermeister
Mar 17, 2009 (2:25 pm)
Reply

Replying to: sam_k (Mar 17, 2009 2:19 pm)

Yes, according to my sources (dealer, website) the MF was the same for both 36 and 39 months.
#4131 of 4727
Re: G37 Coupe (Sport, Premium, Nav) [sam_k] by kingpcgeek
Mar 17, 2009 (2:32 pm)
Reply

Replying to: sam_k (Mar 17, 2009 2:08 pm)

I don't think you can get the $2000 rebate on leases but maybe Car_man or one of the other hosts can confirm.
Been posted here ad infinitum. The $2000(sedan)/$1000(coupe) dealer cash (its not a rebate) is not available with a lease or any special financing rates.
#4132 of 4727
G37 Journey w/Premium Lease by lauraloo
Mar 17, 2009 (7:04 pm)
Reply
Help! I currently have a 2004 G35 coupe, 40k, premium & sport packages, excellent condition. I'm looking to lease a new 2008 G37 Journey w/premium package. I have no experience with leasing and getting more confused the more I read. I talked with a sales person and here is what he gave me for ballpark figures. Offer 1) Trade in current car, no additional money down, taxes, 1st month payment, license, acquisition fee and payoff current loan of $9000, $400/month for 39 months. Offer 2) Trade in current car and get $2300 cash in hand back, no additional money down, taxes, 1st month payment, license, acquisition fee and payoff current loan of $9000, $460/month for 39 months. He also mentioned that I was getting a $2000 Infiniti loyalty discount. Nothing was said about destination charge, disposition fee, money factor or cap cost. When I asked about payoff at the end of my lease he said that was between me and Infiniti. Does this sound like a good deal to you OR do I need to nail him down on the additional fees were not mentioned like money factor? Are there other fees that I'm not aware of that I should be asking about?
#4133 of 4727
Re: G37X with Prem and Nav [fireboy379] by carexpert08
Mar 18, 2009 (11:53 am)
Reply

Replying to: fireboy379 (Mar 15, 2009 2:35 pm)

Hi fireboy379
 
If you don't mind can you please let us all know when you pick up the car...i dealt with Kings Infiniti in october 2008 when I was going to pick up my car from them and they also gave me an amazing deal and I also left $500 and a signed contract. Long story short when I came to pick up the car they completely changed the deal and stated that the sales man screwed up and that the manager signed without double checking the deal...basically a lot of bullshit...I am very interested if they have chanegd there ways since I filed a complaint everywhere I can think of.
 
thanks and good luck
p.s. dont let boris the finance guy push you around.
#4134 of 4727
Re: G37X with Prem and Nav [carexpert08] by fireboy379
Mar 18, 2009 (6:41 pm)
Reply

Replying to: carexpert08 (Mar 18, 2009 11:53 am)

Thanks carexpert08 for the heads up. I am picking up the car next Saturday. I will let you know then how it goes. And I will avoid Boris. Thanks again.

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