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Infiniti M35 / M45 Lease Questions

1691 messages,  Last post on Oct 04, 2008 at 9:39 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Infiniti M35, Infiniti M45, Car Leasing, Sedan


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#1281 of 1691
Now Or Later? by nyarlathotep
Jan 08, 2008 (12:59 pm)
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I want to get as much info on the M35x as I can. Is better to lease now (Jan: $3000 dealer incentive; 2.9 financing) or should I wait until the dog days of February? Any rates/residuals/etc. for January would be appreciated also. Thanx for the input everyone!
#1282 of 1691
upgraded audio system by 23davis
Jan 15, 2008 (12:18 am)
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can you really tell a huge difference with the 14 speaker system?
#1283 of 1691
sort of ... by tsol
Jan 15, 2008 (8:13 am)
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I moved from the 10 speaker Bose in an '06 M35x to the 14 speaker Bose in an '07 M35x (they put two surround speakers in the top of the two front seats, hence 4 more) and I have to admit that overall it sounds "better." However, it is all relative as generally the Infiniti sound system in the M35 does not sound very good. Only thing worse among cars I've driven was the Bose system in my '00 Audi A6 4.2
 
YMMV ...
#1284 of 1691
Trading in my M45 Lease by seanookie
Jan 20, 2008 (2:16 pm)
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Hello everyone.
 
I have an '06 M45 Sport leased through Infiniti Financial. My 21 month lease ends in June but I am at the limit of my miles. I figure it will cost me about $1.5k in mileage penalties if I keep driving at the same rate between now and then.
 
I got decent price on another vehicle (not a Infiniti) so I am considering a trade-in. According to the computer voice of Infiniti Financial, my payoff is $38.6k until 2/14. We just moved things around here at the house so I can't find my lease paperwork. As I negotiate the deal for the new car, I am using the payoff as my benchmark but I am concerned that there will be some early termination fee or similar. Is there such a thing? Is there anything I need to watch out for? Or am I making a bid deal out of nothing?
 
Thanks so much.
#1285 of 1691
Re: Trading in my M45 Lease [seanookie] by tsol
Jan 20, 2008 (3:30 pm)
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Replying to: seanookie (Jan 20, 2008 2:16 pm)

No worries, you'll only be responsible for the payoff amount, maybe $150 lease termination, but don't think even that.
 
My experience has been with trading an Infiniti on a new Infiniti and prior to end-of-lease like you ... YMMV, but it seemed just like trading any other car with a remaining balance on the loan.
#1286 of 1691
Re: Now Or Later? [nyarlathotep] by Car_man HOST
Jan 25, 2008 (3:59 am)
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Replying to: nyarlathotep (Jan 08, 2008 12:59 pm)

Hi nyarlathotep. Infiniti's current lease program for the 2007 M35x is scheduled to run through the end of the month. I highly doubt that its February program will be better than its current one. Infiniti Financial Services is currently charging the lowest possible money factor, .00001, for a 36 month lease of this car. The only way that its lease program would improve next month is if Infiniti were to introduce lease cash or raise its residual value and both are unlikely.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1287 of 1691
Re: upgraded audio system [23davis] by Car_man HOST
Jan 25, 2008 (4:07 am)
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Replying to: 23davis (Jan 15, 2008 12:18 am)

Hi 23davis. This particular discussion is for community members to discuss leasing the M35 and M45. You will have better luck getting feedback on the upgraded stereo system by visiting the "Infiniti M35/M45 Audio System" discussion or the main M35 / M45 discussion: "Infiniti M35/M45 2006+".
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1288 of 1691
2007 M35 base by design_ink
Jan 25, 2008 (10:31 am)
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I've been looking at the 07 M35's that are remaining on the lot. The dealer has approx 15 remaining. The sales gal said that they are offering $5,000 off the MSRP to move the cars. The one I'm looking at is a base model with the journey package with a sticker around $43,500. With the discount that brings the car down around $38,500.
  
I'm hoping to lease one on a 24 or 36 month lease with around $4,000 down and under $400/mo. Is this a realistic expectation?
 
It will actually be my company leasing the car so credit shouldn't be any issue.
#1289 of 1691
lease by yankee06040
Feb 02, 2008 (9:41 pm)
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From an earlier post, you may remember i have a lease on a 2006 M35x that expires 3-4-08. That means i will be turning it in to lease another one within a few weeks. I got a call that the #'s quoted to me in January had gone down, and they said to come in and discuss. I got the following quote (after some negotiation):
$2000 down consisting of:
$243 cap cost reduction
doc fee - 299
sales tax 6% - 68
first pmt $678
acq. fee $595
Lic. fee $110
 
The MSRP was $49025
Gross cap cost $45876
cap cost reduct-$243
Adj cap cost - $45,632
Residual$24,518
 
This results in 39 base payments of $639.62 plus monthly sales tax of $38.38 for a total monthly payment of $678.
 
The lease would be for 18M miles annually for 39 months.
 
I then asked to see the invoice - it showed $44,168 plus & 715 dest fee for total of $44883.
 
So - my question: Is this okay , or should i be able to do better? Am i paying $1000 or $1700 (when you consider the destination fee) over invoice.
 
I don't think i can squeeze more out of them - should i be able to?
Thanks in advance for your help.
#1290 of 1691
good but you can sweeten by ghstudio
Feb 05, 2008 (7:44 pm)
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I'm not sure you can squeeze any more out of them...but 1) get rid of that capital cost reduction up front, even though it's small and 2) consider making up to 7 multiple security deposits which will bring your money factor down and probably reduce your monthly payments by $40 a month. remember, you get those extra security deposits back at the end of the lease....it's not a capital cost reduction.

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