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Prices Paid: Buying & Leasing Experiences Infiniti M35 / M45 Lease Questions
1640 messages, Last post on Sep 04, 2008 at 4:12 PM
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I just leased an M-35 w/Tech, Journey, trunk mat and splash guards on 3/23 in Tampa. MSRP: 46660.00 Cap Cost: 43762.00 includes 595 Acq. fee & 500 over invoice Res.: 65% Money factor: .00058 $ 799.11 down includes 1st mo. payment 27mo/15000mi 540.14/mo plus 37.81 FL sales tax carbuyingtips.com was a great help with their lease spreadsheet.
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Replying to: shive123 (Apr 09, 2007 7:31 pm) |
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Replying to: cotterm (Apr 09, 2007 8:05 pm) |
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Replying to: shive123 (Apr 10, 2007 8:45 pm) MSRP: $48,330 Sales Price: 44,946 Residual: 31,414 12k/year 1st payment + fees= $1,500 (total out of pocket) payment= $637 I told him I wanted nothing out of pocket on a lease, and he said $1,500 was the lowest he could get the Out of pocket. I have bought and leased a bunch of times, and this seemed like BS. What do you all think about this?
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Replying to: cotterm (Apr 11, 2007 3:37 am) My guess is that the dealer has decided that they want the "administrative fee" up front to insure they get their profit instantly...rather than roll it into the lease. So..tell us what is included in that $1500....the dealer has to tell you. |
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Replying to: cotterm (Apr 11, 2007 3:37 am) |
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The advertised lease special on the M45 sport, which states: 39 mos., 12,000 miles at $529/mo., MSRP of 51,265, 5,029 down, is this a good deal and is the sale price still negotiable if it's a special lease? Very new at this so any help would be appreciated. 
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Replying to: cablue (Apr 12, 2007 10:11 am) You should never put money down on a lease....use the exact same money to make multiple security deposits (see lots written here on that topic). That reduces your money factor rate....the money down only pays some of the money up front, but at the same rate as if you put nothing at all down. Forget "special deal"...call the dealer and tell them you don't want to put any money down....what is the monthly payment. BTW....since you are putting $5029 down, over 39 months, just divide the $5029 by 39 = $129 and your real monthly payment is: $529+129=$658/month. That's what they should advertise, but $529 with $5029 down sounds much cheaper 
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Replying to: ghstudio (Apr 13, 2007 11:07 am) 
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Replying to: cablue (Apr 13, 2007 11:26 am) Test drive an M35 which has as much power, if not more than a 530. Note...I said M35 not M35 Sport or M45. The sport has a much harder ride and significantly more expensive tires...with little increase in handling. I moved from a 2003 530 to an M35 and don't regret it at all. Of course, I drive in town and in flat Florida, so I'm not typical. |
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