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Prices Paid: Buying & Leasing Experiences Infiniti G37 Lease Questions
4699 messages, Last post on Dec 02, 2009 at 8:53 PM
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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.
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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? |
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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... |
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Replying to: bucanole (Jun 24, 2009 12:09 pm) |
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Replying to: mingo2 (Jun 20, 2009 6:57 pm) 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 |
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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. |
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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.
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Replying to: ajc2003 (Jun 29, 2009 2:34 pm) 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.
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Anybody get the new money factors and residuals for July. Looking for both for G37x 39 month 12k/miles Dealers love to bump up these numbers for extra profit. Thanks in advance!!
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Replying to: smrtshpr (Jul 01, 2009 10:18 am) |
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