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Prices Paid: Buying & Leasing Experiences
Infiniti M35 / M45 Lease Questions
1540 messages, Last post on Jul 06, 2008 at 2:35 PM
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I got nine bids for a 24-month lease of an M35x w/Nav and 15,000 miles. Best was $548.72 plus tax and tags. Initial payment is $595 bank fee + first month's lease fee. Document fee is $45. Most of the dealers passed on what appears to be a manufacturer's incentive of about $2500, including a loyalty incentive of $1000. The highest quote was $663.36 + doc fee of $189. The latter apparently had no interest in passing on the incentives. The low-end deal was based on dealer invoice minus $2553 with no additional fee for vehicles located within 100 miles, no dealer-installed options, and no other dealer fees. I got my 2006 from the same dealer, received first-class treatment then, and expect ditto now. FYI, the money factor for a 24-month lease is .00084 and the residual is 64%. Additional mileage is 10 cents/mile up front. I can't imagine doing this well and as quickly by calling or visiting multiple dealers.
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Replying to: nrwayne (Apr 05, 2008 7:20 am) What was the MSRP on the car? How did you get multiple quotes? Did you request a quote on each dealer's website or some other way? Sounds like you didn't visit each one which is great. It takes so much time in a dealer trying to get a good price, and then to do it multiple times. Sounds like you found a better route. Thanks, Alan
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Replying to: nrwayne (Apr 05, 2008 7:20 am) As long as the $2000 incentive remains (it should, since it says it's good until June) and hopefully the money factor drops in either May or June to a level like I got last time out, then this car becomes an option again. I had pretty much figured I'd be going with a G35 ... but this changes things. Does anyone have the money factor for April yet? Residuals should be about the same or a 1% drop ... Good luck everyone!
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Hey all, I'm about to start shopping around for a lease on an Infiniti M32 with the sport and tech package. I put some numbers in the calculator That seems kinda high, considering that I've read some posts on here about people getting lease deals at around $550 a month. Just curious to see what other deals people are getting before I walk into the lion's den. Thanks!
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Replying to: finadv (Apr 05, 2008 7:36 am)
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Replying to: djrampage7 (Apr 07, 2008 6:27 pm)
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Replying to: djdez (Apr 05, 2008 6:37 pm)
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Replying to: nrwayne (Apr 07, 2008 6:31 pm) Those were the numbers from March - I'm guessing that all of March's numbers have been carried over for April as well? Can anyone confirm? Has anyone 'seen' car_man on ANY of the forums? He hasn't been around in a while ...
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Replying to: nrwayne (Apr 07, 2008 6:27 pm) I looked at the carbargains.org site. Very interesting. I've never heard of them. Did you like the process with them? Did you think it was worth the money? Based getting under invoice, the answer is obvious, but just curious on your thoughts.
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Replying to: nrwayne (Apr 07, 2008 6:28 pm) |
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