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Prices Paid: Buying & Leasing Experiences Infiniti M35 / M45 Lease Questions
1830 messages, Last post on Nov 16, 2009 at 7:02 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I need help computing a lease quote based upon the following parameters: M35 AWD with Journey and Splash Guards MSRP 46940 CAP Cost/final sales price, 43626 no money down or out of pocket tax rate 3.75% 39 months 15 miles per year Thanks!
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A dealer in my area has an advertised single payment lease on M35x . I've read through this site's info on leasing and I didn't see anything specific to these . Anyone have experience with this ? Would you be so kind to tell me the positives and negatives as compared to longer term lease. Thanks in advance! 
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I live in long island around Smithtown area (north shore). This is an Infinity M35x with the journey package, and navigation. The invoice price is 44,410. The price that they gace me for the car was 45,410 (1,000 over invoice). It is for 39 months taxes up (taxes are %8.65)front and paying bank fee destination charge, plates, security fee and stuff like that up front. This is a 12,000 mile lease. They gave me a lease price of $577.57 a month. Is this a good price? Is the invoice and price for the vehicle right? Is there anything wrong? Can I do better on this deal? Which month can I get the best deal on?
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Replying to: blue777 (Oct 25, 2005 4:50 pm) I am not sure why you are looking at a 42 month term. The 39 month is a much better value, let me break the options down for you.....with a sale price of 40728 plus the bank fee of 550 your total capitalized cost will be $41278. 36 m /15k = 548.85 pre tax 39m /15k = $535.14 pre tax 42m / 15k = $533.14 pre tax It does NOT pay to go 42 months to save 2 dollars a month. Honestly i would go 36 months and spend the extra 15 a month and be out after 3 yrs. Remember the car will have 45,000 miles in 3 yrs, no need to push the warranty terms. I hope this helps you. Let me know if you have any other questions. (i do this for a living)  enjoy your M35 For the record I absolutely love my M35 diamond graphite/ stone w/sport/journey/tech/splash |
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Replying to: mz35 (Oct 04, 2005 7:08 pm) these 3 factors make up your total monthly payment depreciation + rent charge + tax = montly payment hope this helps rest your mind..... |
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Replying to: Car_man (Nov 10, 2005 3:25 am) Many Thanks. I'm in Washington DC
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I went to a dealer just intending to test drive an M35 Sport and when we started talking numbers (which I didn't intend on doing), I told them that I wanted technology package, journey package and either the rear spoiler or aerodynamic body kit which I thought was only available as a dealer installed accessory (from the Infiniti web site), not as a factory installed option until I saw an M45 Sport on the showroom floor with the aero kit printed right on the factory sticker. In case people don't know, most dealer installed accessories are not residualized in the lease but anything on the sticker price (i.e. factory installed) is residualized. Well they checked the computer and they didn't have any M35 Sports with the aero kit coming from the factory so they offered me that M45 Sport that was on the showroom floor for a no money down lease of $695/month with taxes of 8.625% IN the payment. It has the following options. U03 Technology Package w/Sirius J02 Journey Package Sport R92 Aerodynamic Body Kit T02 19" Full Size Spare When I priced it out with the same options on Edmunds.com, the MSRP was $57990 just like the sticker and the invoice price was $52804. It's a 39 month 12K miles/year lease with a money factor of 0.00177 and a residual percentage of 59%. They quoted me a sales price of $53334 but when I punch the numbers in the edmunds.com leasing calculator it comes up to a little over $700/month. If I change the sales price to $53137, the monthly cost comes out to exactly $695/month. The edmunds.com calculator is very annoying because it always estimates the "Title, registration & other costs" and it always zeroes out the residual value. It's either $333 over invoice (my calculated sales price of $53137 - $52804 invoice price) or $530 over invoice (their sales price of $53334 - $52804 invoice price). Regardless, it's still sounds like an excellent deal. I only pay $1569 to walk out the door with the car which consists of $695 first month's payment, $550 bank fee, $155 registration fee and $169 document fee. The security deposit is waived for tier 1 credit. Keep in mind that I really only wanted to spend around $650/month which I should have been able to do with the M35 Sport with the same options. They quoted me a lease payment (including sales tax) of $636/month for a M35 Sport with techology and journey packages (no spoiler or aero package). That price was with a money factor of 0.00179 and a residual of 58%. On that deal, they said the MSRP was $50150 and the sales price was $47400 but I when put all those numbers in the lease calculator, it doesn't come out to $636. Also, the MSRP on an M35 Sport with technology and journey packages should have been $49990. I'm not sure how they got $50150 and where that extra $160 is coming from because there aren't any options for $160 or that add up to $160. Car_man, they also told me that the money factor on the M35 Sport was 0.00179 not 0.00162 like you had indicated in your previous posts. Did that money factor require anything special like multiple deposits? Regardless, I really want to find out what people think of the M45 Sport deal of $695/month. Is that too good to pass up?
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According to edmunds the invoice price for the car I want is $42,019, assuming I can talk the MSRP down from $45,341 to 1000 over invoice, $43,019 what can I expect for a lease with 15k miles/year? 36months or 48 months is fine, whichever has the lower payment. I am willing to put down 10%, but I would like to know the payments with and without the down payment. Also what would the mf and residual be? By the way, I went to the dealership yesterday and was quoted $720/month WITH 10% down payment! Based on what i've read here, that seems like a total rip off, I would appreciate any help offered Also if it means anything I am returning the I35 i've leased for the last 4 years by the end of this month.
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What dealer did you get that deal at ??? Let me know what color was the car, thanks...
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Replying to: sam_k (Nov 19, 2005 6:35 pm) What dealer was that? LOL
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