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Infiniti M35 / M45 Lease Questions

1540 messages,  Last post on Jul 06, 2008 at 2:35 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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#1347 of 1540
2008 M35x deal: much better than 2006 by nrwayne
Apr 05, 2008 (7:20 am)
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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.
#1348 of 1540
Re: 2008 M35x deal: much better than 2006 [nrwayne] by finadv
Apr 05, 2008 (7:36 am)
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Replying to: nrwayne (Apr 05, 2008 7:20 am)

That sounds like a great deal. A couple of questions if you don't mind.
 
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
#1349 of 1540
Re: 2008 M35x deal: much better than 2006 [nrwayne] by djdez
Apr 05, 2008 (6:37 pm)
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Replying to: nrwayne (Apr 05, 2008 7:20 am)

Wow - 9 bids and it's still the beginning of the month! I had pretty much crossed the 2008 M35x off my list until I saw the new $2000 incentive that was introduced this month and runs until June 30th, which is right when my lease ends. I'm 2 months away from my 21 month lease ending on my 2006 M35x, and only have 14000 miles. I got a killer deal back then and I'm only paying $528/month (tax included). I only put down inceptions and got the car for around $600 below invoice and the residual was like 71% and money factor was like .0001 when I did the lease. Haven't seen a 21 month, or even any more of those crazy 12 month leases on the FX since ...
 
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!
#1350 of 1540
Leasing a M35 by djrampage7
Apr 07, 2008 (6:27 pm)
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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 leaseguide and am coming up wiht about $630 a month.. thats with $0 down and 7% sales tax.
 
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!
#1351 of 1540
Re: 2008 M35x deal: much better than 2006 [finadv] by nrwayne
Apr 07, 2008 (6:27 pm)
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Replying to: finadv (Apr 05, 2008 7:36 am)

MSRP: 49,165 with AWD and NAV. I used a nonprofit pricing service called Leasewise which is found at www.carbargains.org. They guarantee at least six bids. Told me it would take seven business days to get me a report. I got it in two days.
#1352 of 1540
Re: Leasing a M35 [djrampage7] by nrwayne
Apr 07, 2008 (6:28 pm)
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Replying to: djrampage7 (Apr 07, 2008 6:27 pm)

There is no M32.
#1353 of 1540
Re: 2008 M35x deal: much better than 2006 [djdez] by nrwayne
Apr 07, 2008 (6:31 pm)
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Replying to: djdez (Apr 05, 2008 6:37 pm)

FYI, the money factor for a 24-month lease is .00084 and the residual is 64%.
#1354 of 1540
Re: 2008 M35x deal: much better than 2006 [nrwayne] by djdez
Apr 07, 2008 (7:16 pm)
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Replying to: nrwayne (Apr 07, 2008 6:31 pm)

nrwayne - thanks!
 
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 ...
#1355 of 1540
Re: 2008 M35x deal: much better than 2006 [nrwayne] by finadv
Apr 07, 2008 (7:25 pm)
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Replying to: nrwayne (Apr 07, 2008 6:27 pm)

Thanks.
 
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.
#1356 of 1540
Re: Leasing a M35 [nrwayne] by djrampage7
Apr 08, 2008 (7:02 am)
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Replying to: nrwayne (Apr 07, 2008 6:28 pm)

I meant M35....

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