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Infiniti G37 Lease Questions

4698 messages,  Last post on Dec 02, 2009 at 7:20 PM

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

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#4320 of 4698 G37 Convertible by mingo2 Jun 20, 2009 (6:57 pm)
For those who want to know, I was quoted 59% residual and .0029 for a lease on the new convertible yesterday. Replies to this message: autoanalyse (Jun 29, 2009 8:10 am)
#4321 of 4698 Re: My Lease is up [sarms] by sam_k Jun 21, 2009 (5:24 am)
Replying to: sarms (Jun 20, 2009 6:31 pm) If you leased through Infiniti Financial Services (IFS), they will allow you to extend your lease on a month to month basis for up to 2 months. Just call them and tell them that you're not sure what you're going to do yet and you might lease another Infiniti. They will only extend it if you tell them that you might get another Infiniti.   I wouldn't be overly concerned about the minor dings and dents. Wait for the pre lease return inspection before fixing anything. You can get it done with plenty of time before your lease is up to find out if you're going to need to fix anything. I went through the pre-lease return inspection on my 2006 Infiniti M45 that I turned in on April 30th. I had a ding in the door, scratches on the rear bumper and a really big gash on the corner of the rear bumper that was estimated by a body shop to cost $900 to fix (with a new bumper skin) and it didn't even show up on the pre lease return damage report. The only thing they hit me for was $130 for each of the 4 wheels for curb rash for a total of $560 + tax. Several other owners (and several salesman at Infiniti dealers) have reported that IFS is really strict about the condition of the wheels because wheel damage keeps showing up on the pre lease return inspection reports. Because I leased another Infinit, they will forgive up to $500 worth of damage to my previous Infiniti. After I got the bill which included about $47 in tax, I called to make sure that the tax difference would be credited after I applied the $500 damage credit on the $607 ($560 + tax) bill I received from IFS. It's about a $40 difference in tax between $560 and $60 so I wanted the tax credited as well. Well the customer service rep ended up waiving the entire bill. Big thumbs up to IFS for that one.   Let's say you're not going to lease another Infiniti and the pre lease return inspection reports lists the dings and dents and an amount, you can go to your body shop and see how much they'll charge to fix them. If it's less than the amount on the pre lease return inspection report, then get them fixed and have the report redone. If not, just turn the car in and pay the bill from Infiniti.   If you're considering leasing an Infiniti G37, there's $1000 lease owner loyalty cash so between the $500 credit and $1000 loyalty cash, it might worth it to lease another one. The $1000 loyalty cash is applied as a down payment (i.e. cap cost reduction) in the lease calculation. Here's a link to the incentives list from edmunds.com.   http://www.edmunds.com/new/2009/infiniti/g37/101115176/incentives.html   It was only $500 loyalty cash when I leased my G37xS back in April.
#4322 of 4698 Getting out of your lease by bucanole Jun 24, 2009 (12:09 pm)
Is it possible to get out of your existing lease early without leasing a new Infiniti, and if so what are the typical penalties if any? I am well under the allotted mileage and other than a few minor scratches the car is in great shape, I just don't plan on buying the car at the end, to many minor issues that I don't care to extend and with that being the case would like to get out now if possible. Replies to this message: lfisher1 (Jun 28, 2009 10:57 pm) Car_man (Jul 06, 2009 3:00 am)
#4323 of 4698 Is this a good deal? by fraser42 Jun 25, 2009 (6:37 pm)
I am looking to lease a new 2009 G37x with navigation. After some negotiation, these are the details of a lease on the table. 39 months and 15k miles a year.   41,380 MSRP 38,200 Selling price .00141 Money Factor 55% Residual   Is this a good deal?
#4324 of 4698 How much can I negotiate off a 2009 G37x demo with 5k miles by dripdried Jun 26, 2009 (8:10 am)
I'm looking at a 2009 G37xS demo with 5k miles. I've negotiated the lease on the new car from $42,425 to $38k and change (including loyalty $1k) How much can I hope to negotiate off the demo with 5k miles? Thanks in advance...
#4325 of 4698 Re: Getting out of your lease [bucanole] by lfisher1 Jun 28, 2009 (10:57 pm)
Replying to: bucanole (Jun 24, 2009 12:09 pm) the lender will want the balance of payments. your best bet is keeping it. You can call the lender and ask what the price is to buy it and if there is equity you can sell it and not have to pay sales tax.However, this is unlikely. another scenario is to see if the lease is assumeable and offer an incentive for someone to assume it. Just verify with the lender that your name comes off of it. You don't want any liability. preferred auto sales , costa mesa, ca.
#4326 of 4698 Re: G37 Convertible [mingo2] by autoanalyse Jun 29, 2009 (8:10 am)
Replying to: mingo2 (Jun 20, 2009 6:57 pm) How many months and how many miles per year? Which dealership gave you this quote?   I got a much worse, 6MT convertible 39mos lease based on 12k miles/yr residual is 55%, factor is .00310.   Thanks
#4327 of 4698 Will the deals be sweeter in July by djrobsd Jun 29, 2009 (11:25 am)
My dealer called me today practically begging me to come in and talk, saying they were prepared to make their best bottom line deal for me. He said that sales are terrible this month and their inventory is high. Of course, in my eyes, he is just trying to lure me in. If you can't give me your best deal over the phone why should I spend my time going in there?   Anyway, I was just curious if his statements are true, will Infiniti be making even bigger deals in July? Would they continue the same good deals money factor and residual wise on leases, while possibly offering more cash incentives to help with the down payment? One of the other Infiniti dealers that called me said they traditionally have a huge sale in July since that is a slow month for car sales.   Just curious what everyone thinks? I have about 3k of negative equity in my trade in, and no hits trying to sell it on Craigslist, so I'm hoping Infiniti will have a killer cash incentive soon that could help me with the negative equity.
#4328 of 4698 good deal? by ajc2003 Jun 29, 2009 (2:34 pm)
Hi guys,     I'm new to the leasing world and still have to understand quite a few terms. I have been browsing this forum, however, and the posts have been quite helpful. I'm now interested in leasing a 2009 G37 Journey with Premium, NAV and Sports Package. One of the dealers in the Houston area has responded to my query.   MSRP. $41630.00 Sales price $40032.58 Taxes $500.00 ( 1.25% administrative fee for waiver of otherwise full taxes/ good thru tomorrow ) Licence/tittle $189.05 Lease acquisition fee $595.00 Money factor .00190 ( includes gap ) subject to final approval Residual 54%/ $22480.20 ( 15000 annual miles ) Payment $599.01/ $783.06 due inception ( 1st pmt & $184.05 lic, doc )   This is for 48 months/15000 miles Is this a good deal or can I do better?   I really appreciate all of your help. Replies to this message: djrobsd (Jun 30, 2009 10:24 am) natedog2 (Jul 04, 2009 12:03 pm) djrobsd (Jul 05, 2009 7:10 pm)
#4329 of 4698 Re: good deal? [ajc2003] by djrobsd Jun 30, 2009 (10:24 am)
Replying to: ajc2003 (Jun 29, 2009 2:34 pm) That's a terrible deal. They aren't even selling the car close to invoice amount. I have a dealer here in Southern California willing to sell for $5k below MSRP.   Money factor should be a little less too, i think the dealer is marking that up, but maybe since it's 15k instead of 12k..   You should really look at 36 months anyway your payment will be much lower. You can always lease another one or buy it outright when your 36 months is up. Replies to this message: natedog2 (Jul 04, 2009 12:03 pm) djrobsd (Jul 05, 2009 7:10 pm)

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