- #540 of 3698
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Re: My '06 G35 Sedan Lease Deal from 8/24 [javac]
by dosanim
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Aug 28, 2006 (11:29 pm)
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Replying to: javac (Aug 28, 2006 7:14 am)
What was total amount of initial down? DId you have to spend all $4000 for that?
I got a quote from Southbay Infinity in Torrance, CA.
Base G35, $399(including tax), $2200 down, 24mth. MF  0.00052.
For some reason, he did not include mileage or anyother fees.
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- #541 of 3698
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Re: '06 G35 coupe 12 month 12k miles lease [theone]
by Car_man HOST
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Aug 29, 2006 (2:46 am)
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Replying to: theone (Aug 08, 2006 12:03 pm)
Hi theone. You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinon of this deal if you let me know what its selling price is.
Car_man
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- #542 of 3698
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Re: should I buy it or lease it? [sikhkd]
by Car_man HOST
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Aug 29, 2006 (2:47 am)
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Replying to: sikhkd (Aug 08, 2006 8:32 pm)
Greetings sikhkd. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.
Car_man
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Prices Paid Forum
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- #543 of 3698
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Re: Please Weigh-In on this Lease Deal (thanks!) [ronnyk]
by Car_man HOST
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Aug 29, 2006 (2:59 am)
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Replying to: ronnyk (Aug 09, 2006 7:18 pm)
Hello ronnyk. I believe that the car that you described, a 2006 Infiniti G35 AWD Sedan with Premium Package C, has a dealer invoice price of around $34,300. If this is indeed the case, the selling price that you were quoted is around $760 over dealer invoice. This sounds like a reasonable price to me. Make sure to stop by the following discussion for additional feedback on how much you should pay for this model right now: "Infiniti G35: Prices Paid & Buying Experience".
I notice that you are trading in a vehicle on your new G35. Are you using the proceeds from your trade as a down payment? I always advise consumers against making any sort of down payment when leasing. The main reason for this is if your vehicle is totaled in an accident or stolen during your lease, your down payment essentially disappears. You can still trade in your current vehicle when leasing, just have the dealer that you are working with cut you a check for any equity that you have in in rather than using the money as a capitalized cost reduction.
The $550 fee that you were quoted is legitimate. Infiniti Financial Services charges a $500 acquisition fee on every vehicle that it leases. I am not sure what the $579 inception fee includes. Make sure to ask because this may just be another name for a doc fee. Dealers often use doc fees to add additional profit to deals.
The money factor and residual value that you were quoted are right in line with Infiniti Financial Services' base program for this car. This is always a good sign because it means that the dealer that you are working with is not trying to mark your vehicle's money factor up to add additional hidden back-end profit to your deal.
The $2,500 dealer cash that Infiniti is currently providing on 2006 G35 Sedans is not compatible with IFS' special lease program.
Car_man
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Prices Paid Forum
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- #544 of 3698
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Re: should I buy it or lease it? [sikhkd]
by Car_man HOST
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Aug 29, 2006 (3:02 am)
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Replying to: sikhkd (Aug 09, 2006 8:08 pm)
Hey sikhkd. I can give you an idea of what this car will cost to lease, however in order for me to do so I need some additional information from you. What is the full MSRP (with the destination charge added in) and approximate selling price of the car that you are interested in? You can look up its MSRP and dealer invoice price by visiting the following section of this site: Edmunds.com - New Vehicle Pricing. Once you have these numbers let me know. I can just assume that you are getting the car for say $500 over invoice and tell you what its monthly payment should be using Infiniti Financial Services' actual lease program.
Car_man
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Prices Paid Forum
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- #545 of 3698
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Re: Please let me know if this is a good deal [hit20]
by Car_man HOST
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Aug 29, 2006 (3:08 am)
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Replying to: hit20 (Aug 10, 2006 9:18 pm)
Hi hit20. I believe that the dealer invoice price of the car that you described, a 2006 Infiniti G35 2WD Sedan with automatic transmission, Premium Pkg. B, Sport, and Navigation is around $34,800. If this is indeed the case, the price that you were offered is around $300 over invoice. This is a good deal. The money factor that you were quoted is right in line with Infiniti Financial Services' 39 month buy rate for this car as well. This is a good sign because it means that the dealer you are working with is not trying to mark your car's money factor up to add additional back-end profit to your deal. This lease looks like a good deal to me.
Car_man
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Prices Paid Forum
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- #546 of 3698
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Re: Advice on 06 Coupe Lease Deal??? [mrtrance]
by Car_man HOST
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Aug 29, 2006 (3:13 am)
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Replying to: mrtrance (Aug 12, 2006 2:35 pm)
Hi mrtrance. The selling price that you were quoted for this car, $300 below dealer invoice, is very attractive. The money factor and residual value that you were quoted for it are right in line with Infiniti Financial Services' current lease program for it as well. I just ran a lease payment on this car for you and came up with a zero down, pre-tax, 12 month, 12,000 mile per year payment of $336. I am not sure why the payment that you were quoted is higher than this, other than the lack of sales tax in mine. Make sure that the dealer is not adding any charges to your car's capitalized cost or changing your car's money factor.
Car_man
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Prices Paid Forum
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- #547 of 3698
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Re: Advice on G35X lease [kinwchung]
by Car_man HOST
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Aug 29, 2006 (3:18 am)
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Replying to: kinwchung (Aug 12, 2006 9:18 pm)
Hi kinwchung. $500 over dealer invoice is a reasonable price for a 2006 Infiniti G35 Sedan AWD right now. Just make sure that the dealer you are working with uses Infiniti Financial Services buy rate lease money factor of .00031 (for a 24 month lease of this car) to calculate its lease payment and you're in business.
Car_man
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Prices Paid Forum
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- #548 of 3698
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Re: $2500 dealer cash in a lease [takemetolv]
by Car_man HOST
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Aug 29, 2006 (3:19 am)
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Replying to: takemetolv (Aug 19, 2006 6:53 pm)
The dealer that you spoke with was correct, takemetolv. The $3,500 dealer cash that Infiniti is currently providing on 2006 G35 Sedans is not compatible with Infiniti Financial Services' special lease program.
Car_man
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Prices Paid Forum
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- #549 of 3698
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Re: Dealer Scam???!! [amitsc]
by Car_man HOST
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Aug 29, 2006 (3:21 am)
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Replying to: amitsc (Aug 20, 2006 10:22 pm)
Hi amitsc. You were smart not to sign any forms that you were not comfortable with. As long as you signed Infiniti Financial Services' lease contract you should be in good shape. The forms that you do or do not sign should not have any impact upon your car's warranty coverage.
Car_man
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Prices Paid Forum
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Prices Paid: Buying & Leasing Experiences 
