Last post on Nov 29, 2013 at 12:12 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Infiniti G35, Infiniti G37, Car Leasing, Coupe, Sedan
#7547 of 8139 Re: Good lease or not [jsmithlv]
Apr 20, 2013 (2:42 pm)
The leases offered on the 2013 G37 sedan (and coupe) are really good right now, the 2014 Q50 is coming in a few months (replacing the G37) so dealers are getting a lot of support to move the G37's off the lot.
When you say "new to leasing"......have you ever leased before? Couple things to keep in mind:
Don't put a down payment on a lease......you can pay the "drive offs" which is usually 1st payment, tax, DOC fee, Bank Fee, etc.
Second, don't forget you are "renting" this car for 39 months.......and returning it to the dealer. If you really wanted to buy it, you would NOT lease then buy.....its a losing scenario. So......do you really need all those packages? If you cant live without them.....then go for it. When leasing, generally, you don't want a "loaded" vehicle. The "extras" don't residualize very good, that's where dealers try to steer you......cuz the payment will be higher.
Have the dealer run the numbers on the 24 month special lease, see if your payments go down (I think they will) there is more support on the 24 month lease.
Hope this helps
#7548 of 8139 Re: Good lease or not [lasvegasrph]
Apr 21, 2013 (11:59 am)
Is a good deal?
2013 g37x with nav, sport, premium packages as well as illuminated kick plates, cargo net and mud guards.
Net cap cost: 39, 820
10 k miles
Money factor: 00027
Down: 2495- 495 is for a spoiler and 2 is for tax and fees or so I was told. 8.875% tax
Monthly payment: 310
I like the msrp for the residual value but I couldn't get the msrp myself from the infi website by building the same car. Also does 2k sound right for tax and fees? What do i pay tax on, the net cap cost or just my payments? What do you think?
#7549 of 8139 Re: Good lease or not [tonyrvd]
Apr 21, 2013 (12:25 pm)
I came up with $45,825 (couldnt find the cargo net) is it a trunk organizer? Who knows.......anyways:
The NET CAP COST looks great at $39,820
71% residual would = $32,731 (on the $46,100 msrp)
MF = .00027 (fantastic)......that's 0.65%.......almost interest free!
Now, the rear spoiler does not residualize......so you are paying $495 to use it for 2 years (you get no credit at turn in).......personally, I would skip it......its costing you $20/mo to rent that spoiler. Up to your preference.
When I run the numbers........I come up with:
$287.70 + $25.53 tax = $313.23/mo (but I didn't have exact specifics in what was in the $2,000 you are giving dealer)
Just FYI........a $25,000 Honda Accord 4cyl would be roughly this payment for a lease. So, yes the deal looks pretty solid to me.
#7550 of 8139 Re: Good lease or not [lasvegasrph]
Apr 23, 2013 (7:02 am)
That's the part I wasn't sure about. The 2k is supposed to be the tax and bank fees etc. So does that mean that I should only be paying $287.70 since I am paying the tax up front?
#7551 of 8139 Re: Good lease or not [tonyrvd]
Apr 23, 2013 (10:10 am)
I have a similar problem on a different car. The quote doesn't break out the elements in "Cap Reduction". I have told him that I'll pay specifically itemized fees upfront, but nothing for capital cost reduction. Still waiting. I just want to know exactly what I'm being charged. I just don't understand why this is so difficult to deliver.
Apr 23, 2013 (12:15 pm)
Just something for the community to know, when you lease an infiniti try to get a cosigner who already has an infinti that way you can get 1000$ rebate towards your monthly payments on a 24 month lease its 41$ off the lease per month which is great. I got myself a G37x back in 2012 of july for that 18 month lease paying 247$ per month for 18 months with 480$ at signing I hassled the dealers big time lol. $480 was first month payment tax on the rebate plus transfer plates. I live in NYC so that said the promotions now that are out are great as well, do not let the dealers fool you.
#7553 of 8139 Is this a good deal ?
Apr 23, 2013 (12:33 pm)
G37X with Premium , Sports , Navigation , Spoiler and few other accessories
MSRP : $46955
Selling Price :$40650
Residual : 70%
MF : 0.00027
Tax : 6.3%
$399/Month and $1000 out of pocket for a 24 month lease 12000 miles / year
Apr 24, 2013 (1:46 pm)
Hi 1sty. There is $3,500 dealer cash on the 2013 G37 Sedan on units that are paid for with cash or financed through an independent bank. If you lease, there is a $2,000 cash incentive.
Yes, I think that $500 over invoice minus any available incentives is a good selling price.
Prices Paid: Buying & Leasing Experiences Forum
#7555 of 8139 Re: April 2013 IPL Lease Numbers [radtrax]
Apr 24, 2013 (1:49 pm)
You certainly are a loyal G customer, radtrax. Infiniti Financial Services' April buy rate lease money factor and residual value for a 24-month lease of a 2013 G37 Coupe IPL with an automatic transmission and 12,000 miles per year are .00011 and 63% for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a '13 G37 Convertible IPL are .00071 and 64%.
If you were to lease with only 10,000 miles per year, these cars' residual values would be 1% higher.
There is a $1,000 cash incentive on leases of the Coupe, but nothing on leases of the Convertible.
Prices Paid: Buying & Leasing Experiences Forum