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Infiniti G37 Lease Questions

4718 messages,  Last post on Dec 07, 2009 at 8:28 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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#4259 of 4718
Re: 2008 G 35 Journey [tlhughes30] by snagiel
May 27, 2009 (1:21 pm)
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Replying to: tlhughes30 (May 27, 2009 12:29 pm)

The invoice price doesn't budge as time progresses, but the market value of the car certainly does. You should, therefore, compare it to used car values because, as far as the market is concerned, it is a used car. Granted, one with virtually no miles and a new-car warranty, but not a current model year. (That said, $27.5k is probably a good deal, but be sure to price it out through Edmunds)
#4260 of 4718
Re: And the game begins.... [brewbock] by richardnva
May 28, 2009 (1:15 pm)
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Replying to: brewbock (May 25, 2009 12:45 pm)

Brewbock,
I'm in the same place as you. I was just quoted $37,770 for a G37x with:
Navigation
Premium
Wood
Splash guards
Trunk matts
cargo net
The price includes the $2000 incentive, but no taxes, tags, etc.
Edmunds shows the invoice on this at $38509 and TMV at $39,000.
What are you getting quoted?
#4261 of 4718
Re: And the game begins.... [richardnva] by brewbock
May 29, 2009 (6:59 am)
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Replying to: richardnva (May 28, 2009 1:15 pm)

The numbers I'm getting right now from the dealerships are primarily through e-mail. I'm basically getting a monthly payment, down payment, but not much more than that. I have requested ALL the pertinent leasing numbers, but they seem hesitant to send them (or they're just ignoring my request). I plan on test driving next week and will post numbers as I get them.
 
Brew
#4262 of 4718
Re: And the game begins.... [brewbock] by kingpcgeek
May 29, 2009 (8:41 am)
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Replying to: brewbock (May 29, 2009 6:59 am)

I have found that there are a lot of old school salesmen on the "Internet desks" at dealerships. They hate doing business via email, and only want to get you on the phone or in the dealership where they can work their magic. Its really a self fulfilling prophecy for them, they hate doing business via email, so they do a crappy job on it. They then turn around and say that they never make any sales via the Internet so why bother to do a good job at it.
 
You just need to tell them that if they don't give you all of the information you have asked for you are crossing them off your list. Also let them know you are ready to buy, not just window shopping. I wouldn't mention the test drive at this part, since that means a hesitancy to buy a G.
#4263 of 4718
Re: And the game begins.... [kingpcgeek] by richardnva
May 29, 2009 (1:25 pm)
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Replying to: kingpcgeek (May 29, 2009 8:41 am)

a question about getting the best deal???
Everything I read states that you should negotiate the price of the car, BEFORE negotiating the lease contract. I've been working on getting the best price on the car without any incentives since many of the incentives are contingent on using their financing or aren't eligible if you lease. I'm not even mentioning that I want to lease yet, just focusing on the best bottom line price. Is this the right approach? I'm fearful that once we agree on a price and I then tell them that I want to lease that they'll back out and want to renegotiate the sales price. I have all of the Infiniti leasing info for May, so I know what my monthly payment will be based on the price I'm negotiating. Any tips on this approach? Should I let them know ahead of time that I'm going to lease?
#4264 of 4718
Re: And the game begins.... [richardnva] by kingpcgeek
May 29, 2009 (1:50 pm)
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Replying to: richardnva (May 29, 2009 1:25 pm)

There is nothing wrong with telling them you are leasing. In the case of the G you really need to since the dealer cash is not available with a lease.
 
This is the sample email I have used in the past:
 
I am looking for a G35 Sedan with premium package. If you could please provide all of the following information it would be greatly appreciated. Please do not respond with a "give me a call so we can discuss this" email, nor an email with a monthly payment only.
 
MSRP
Selling price
Dealer doc fees
Dealer Add ons
Residual for 36 months/12,000 miles
Money factor for 36 months/12,000 miles
Registration/Plates
#4265 of 4718
Re: And the game begins.... [richardnva] by snagiel
May 29, 2009 (5:04 pm)
Reply

Replying to: richardnva (May 29, 2009 1:25 pm)

I've seen that same advice, and think it might be more applicable when there aren't any current lease deals the manufacturing is promoting. The past couple of cars I've leased (both Hondas during lease specials), I simply asked for the best lease deal they could offer (comparing apples to apples with respect to miles/year, money out-the-door, etc.), and then negotiating the same way you would a bottom line.
 
I think it's just too confusing with all the variables involved in a lease; you may end up getting a great "deal" on the sales price, but they may then try to squeeze on the residual, the money factor, etc.
#4266 of 4718
Re: And the game begins.... [snagiel] by montreid8888
May 29, 2009 (8:57 pm)
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Replying to: snagiel (May 29, 2009 5:04 pm)

The problem with leasing, is that once you let them know you're leasing only, it gets much more difficult to bring down the sale price of the car. They prefer to hit the other numbers first.
 
So, in the G's case, say that you're financing the car either through the current 0.9 APR or private financing. Ask them price the car as if you were going 0.9 APR and would take the $2000 CASH off if going private financing. Get preapproved from a local CU for a 36 and 60 month.
 
So...go online query armed with the those items and haggle for best pricing, and determine lease/finance/cash afterwards. Don't work backwards on the numbers....they are the professionals on the flip...you aren't.
 
Only after you are comfortable with the purchase price, go over the financing options. Ask about the leasing opportunities and costs. Key items MF (Money Factor) x24 = APR roughly. Last offer last month was .0022 for my G37 on 36month at 12k/yr. Assume 12k on the initial offer.
 
No Capital Cost Reduction! Don't do that. If they require a cap reduction, make them reduce the MF.
 
The last key thing is: Credit Score. This is all based on the premise that your credit score is >720 these days to get the best financing deals. If not...best to have the CU back you up in the first place and go Cash deal with long financing.
#4267 of 4718
End of the month deals? by richardnva
May 30, 2009 (2:33 pm)
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I know some dealers are closed on Sundays so this might not matter to some of you, but I was just quoted the following:
G37x, with Navigation, Premium, and wood
MSRP $41775
Sale price $38,950
36 month lease 12,000 miles/year
$1000 down
$522 a month
 
Anyone quoted a better offer?
Thanks,
Richard

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