Last post on Nov 29, 2013 at 12:12 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Infiniti G35, Infiniti G37, Car Leasing, Coupe, Sedan
#7780 of 8139 This is my deal
Jul 17, 2013 (6:51 am)
I was able to get them to agree on $375/month (includ. Tax) with $0 down and only 1st payment at signing. I had 7 remaining payments on the lease, 3 payments were eliminated with the pull ahead promotion and my salesman called IFS to try to get the rest waived, but was unsuccessful.
4 payments of 413 (=1652) were going to be rolled into the lease, but I got the dealer to only roll $1494 into the new lease to keep me at the same payment I have now. So as you can see I got this car with $0 at signing and only 1st month payment at inception. Great Deal and I'm very happy with my new G.
Lease 2013 Infiniti G37 Journey with PREM /NAV
Capitalized Cost $40,100.00
Dealer Fee $599.00
Acq. Fee $700.00
Lemon Law $2.00
FL Batt/Tire Lease Fee $66.50
Tag Transfer $55.00
Cash Down $-
Net Capitalized Cost $39,516.59
Money Factor 0.00027
Residual Value Percentage 0.58
Residual Value Amount $$ $25,148.80
Rental Charge $18.50
Lease Term 39
Base Monthly Payment $386.90
Total Monthly Payment $413.99
Current Lease Pay-Off $24,210.09
3 month pull-ahead ($413.00/month) $1,239.00
Residual + Remaining Payments $22,971.09
Amount for Trade $21,477.00
Negative Equity $1,494.09
Folks, if you are looking for any advice on a lease, DO NOT PUT ANY MONEY DOWN ON A LEASE!!!! Don't let the dealer convince you to do a cap cost reduction to lower your payment, you are better off keeping your money in a separate account and using a little each month to cover the difference in payment.
#7781 of 8139 Looking to have dealer roll body damage into new lease
Jul 17, 2013 (10:22 am)
I dont know how unique my situation is. I have a 2010 g37s sedan coming off lease in 4 months. It has about $1800 in body damage that I do not want to lay out, nor want to go through insurance. Ideally I want the dealer to fix the car, and roll the cost of repairs into a new lease. Has anybody had any experience with this? Im thinking I would negotiate the price of the new car first, then add in the cost of repair from there, does this sound valid?
#7782 of 8139 Re: Looking to have dealer roll body damage into new lease [peterf5]
Jul 17, 2013 (10:44 am)
Have you performed your IFS Lease end inspection yet?
I had a slight dent/deep scratch on the lower front of my last G37S. Got quotes around $600 to fix it. I got dinged only $80 for that as wear & tear upon inspection because the panel wasn't torn!
Maybe see how much in chargeable wear & tear they come up with in your Vehicle Condition Report. I also took advantage of the $500 W&T forgiveness, which you may still be able to get for renewing another lease.
#7783 of 8139 Re: Looking to have dealer roll body damage into new lease [peterf5]
Jul 17, 2013 (11:38 am)
Get an end lease inspection and estimate of damages. Don't let the dealer determine on their own what the costs should be, they may high ball to increase the bottom-line.
#7784 of 8139 Re: G37 coupe lease [wonderwarthog]
Jul 17, 2013 (5:29 pm)
Not sure what the final selling price is. Originally at 42k for $438, local dealer matched, and the out of town dealer dropped lower to $410. I'll post all numbers on Saturday when everything is signed and I have paperwork.
#7785 of 8139 Re: Coupe Lease [jkipster]
Jul 17, 2013 (8:28 pm)
the 19% off you were quoted, was that including the rebates? thanks in advance
#7786 of 8139 Re: Is this quote good? [marasim]
Jul 17, 2013 (9:55 pm)
1. You can buy down the money factor by 0.00010 for each security deposit you put down. In effect, you lower your interest rate. Give them the deposit at inception, get it back when you return the car, net of whatever wear and tear, mileage overage etc. deductions. But somewhere else on the forums someone mentioned that 2 deposits are the minimum for IFS, so I don't know if you can do that with your 0.00016 MF. YMMV on that.
2. Any Infiniti owner should do. On my first Infiniti lease, they saw that my wife had a G35 and that was good enough. She didn't even have to co-sign or provide any docs. You should inquire with your dealer though to make sure. I've never had to do that but have seen others mention it.
3. I think you'll always recoup the most in a private sale versus a trade in, but it's probably more work. Get a quote from Carmax, price it out on KBB and Edmunds, see other listings in your area on Craigslist and Autotrader, Cars.com etc. It's as much art as science. But doesn't hurt to list it now (CL and also eBay motors) at the high end and see if there's any interest before you are close to getting your car. You can always lower your asking price as you get serious bidders. When I got my first lease the dealer offered me $2,500 on my 9 year old Passat. I ended up selling it for $4,700, and that was lower than I probably could've gotten because I didn't want to take more time to sell it.
#7787 of 8139 Re: Coupe Lease [kapkanimd]
Jul 17, 2013 (10:05 pm)
Yes, it included the $2,500 dealer cash and the $1,000 IFS rebate. I'm in the SoCal area so I think it's more competitive than other markets.
Here's a rundown of my quotes for a 2013 G37S:
Metro Infiniti (Monrovia)
Santa Monica Infiniti
Matched Metro's price
#7788 of 8139 Re: Coupe Lease [jkipster]
Jul 18, 2013 (4:13 pm)
Jkipster was this for a G37S sedan with premium and navigation? If so I need to head to one of those dealerships which are only 30-40 minutes away from me. I have 4 months left on my current Infiniti lease, so I'm not sure if I should wait another month or so.
Jul 18, 2013 (6:01 pm)
got a quote for a 2013 G37XS sedan with first month and sec for 400.00 a month lease, 24months 12k a year. this includes taking my 2011 G37x with 7 payments left at 365 a month. does this sound correct?