Last post on Dec 12, 2013 at 9:44 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Infiniti G35, Infiniti G37, Car Leasing, Coupe, Sedan
#7770 of 8143 G37 coupe lease
Jul 13, 2013 (9:52 pm)
I just leased a 2013 G37 coupe premium, nav, illuminated kick plates, trunk kit, interior package, and tire package
Term: 24 months, 12,000 miles
$0 down (no money exchanging hands)
$410 a month
Feel like I got a got a great deal and happy to turn in my EX35
#7771 of 8143 Re: 2013 G37 Sedan [kvl1027]
Jul 14, 2013 (5:37 am)
#7772 of 8143 Re: G37 coupe lease [tayhend]
Jul 14, 2013 (11:59 am)
That's a fantastic deal--in fact too fantastic. What was their selling price? At $410/mo., the dealer took a large loss.
#7773 of 8143 Is this quote good?
Jul 16, 2013 (2:52 pm)
I am new here and would like opinions on a quote from dealer. Just as FYI, I leased and Infiniti G35 Coupe few years back but don't have one right now, so not sure if I can still avail the return customer incentive.
Here is the quote:
G37 Journey with premium package (no navigation) for 24 month, 10000 miles/year lease.
Net Cap: $36086
Acq Fee: $700
Gross Cap: $36786
Doc fee: $80
Residual %: 69%
Total Base: $8395.38
Per month: $349.81
Total per month: $380.42
Drive Off: $841
I walked out and few days later got a call saying he can knock off another $1500 from the net cap.
Do you think this will be a good deal after the $1500 discount?
Thanks a lot for your time!
Jul 16, 2013 (2:57 pm)
With the discounted $1500, this deal looks ok, but could be a little better. I figure your payment should be about $335. Make sure you're getting all the incentives available to you (described in this forum) and aim for a selling price no more than $200 over invoice. Subtract the incentives from that number and see what you get for selling price. Don't exceed that price. I think you should be able to get that payment down to at least $320/month, maybe $300-310.
#7775 of 8143 Re: Coupe Lease [wonderwarthog]
Jul 16, 2013 (3:23 pm)
Thanks for your reply, so $310 including tax? And with same drive off $841 or with no drive off?
By the way that drive off includes the first month's payment and DMV fee etc. so it is around $461 (after excluding the monthly payment).
#7776 of 8143 Re: Coupe Lease [marasim]
Jul 16, 2013 (4:21 pm)
Your invoice price should be $38,586 assuming the $300 ICAP so their initial quote was right at the invoice before the IFS $2500 dealer cash. Subtracting another $1,500 from the net cap cost puts your payment at $312 8.75 sales tax. I see no reason why you shouldn't be able to get your payment down to $300 per month or less with more negotiating.
I got quotes close to 19% discount from MSRP at the end of June. Shooting for 18% puts your target sales price at $34,038 (another ~$550 off), with net cap at $34,738. Be patient and you may get that towards the end of this month if you can afford to wait. This gets your payment to $287.
Also, put down a one month deposit at drive off to buy down your MF. That will add $300 to your drive off but reduce that payment to $280. You get that $300 back in the end.
Also, some folks on here have suggested finding a current Infiniti owner to co-sign your lease to qualify for the additional $1,000 rebate. If you can do that and apply it to your drive off, you'll pay less than $100 when you sign.
A sale price at $34,470 puts your payment at $300 with one deposit.
#7777 of 8143 Re: Is this quote good?
Jul 16, 2013 (5:42 pm)
Great information and thanks a lot for your input. The price I quoted was without any negotiation (the quote without $1500 incentive was with employee discount).
I have few questions:
1. What does it mean by buying down MF. Does it mean I am effectively getting the money for no interest if I put $300? How is the buy down calculated?
2. I do have a friend who got a pre-owned dealer certified infiniti recently, can he co-sign the lease or does it have to be new car owner only? I am assuming he should have his car financed through IFS to be able to co-sign?
3. Is it a good idea to trade in my used car. It is more than 10 year old car which may be difficult to get rid of on craigslist? What should I target as trade-in price (average of KBB private party and dealer?).
Thanks for all the help so far, this is a great forum!
Jul 16, 2013 (9:52 pm)
I am looking to lease a G37 Convertible.
Truecar.com has quoted me 13.5% off MSRP
MSRP - $54,055
Truecar - $46,763
What should I expect as a lease payment? My local dealership is notorious for robbing people blind and said that they would give me the "deal" of $499/mo plus tax (8%) with $4k down. The national ad deal is $507/mo plus tax with $4k (+/-) down. So with a discount of $7,200 from truecar (+/-) I am curious as to what to expect. The crooks also said that the discount includes a $2,500 rebate that applies to purchases only, not leases...true, or more theivery?
Thanks in advance!!
#7779 of 8143 G37 Convertible w Nav and Premium
Jul 17, 2013 (3:29 am)
Would someone please give me the current 36mo/10K/yr lease numbers for the G37 convertible? 24 month would be nice too if its available.
I currently have a '13 M37 so let me know about any loyalty money as well.
Also, I wouldn't mind hearing what you lease gurus think is a great $0 down deal for a G37 vert with Premium and Nav.
The MSRP on that car would be $54,055 and Truecars 'great' price at the moment is basically 47,000 if that helps. That's only 13% off MSRP on a one year old car so I don't necessarily consider that a great price myself as we head into August.