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Infiniti M35 / M45 Lease Questions

1539 messages,  Last post on Jul 05, 2008 at 8:31 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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#1357 of 1539
Re: 2008 M35x deal: much better than 2006 [finadv] by nrwayne
Apr 09, 2008 (10:20 am)
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Replying to: finadv (Apr 07, 2008 7:25 pm)

Absolutely worth the money. In fact, they guarantee that the deals they come up with will more than make up for their fee. These guys are a class act. No nonsense whatsoever.
 
The final deal: M35x w/NAV, 2 years, 18,000 miles, zero down, 6% tax= $584. Front money is 1295, which includes first month's payment, $595 bank fee, and tax on rebate.
 
I spent the grand total of 20 minutes on the phone speaking with the sales manager, then another 10 minutes with the person who will process the order and deliver the car. Toward the end of the month, I'll bring in my 2006, trade keys, and pick up the 2008. Why anyone would want to drive from dealer to dealer and put up with all the silly talk when you can make the arrangements this way is beyond me.
#1358 of 1539
Re: 2008 M35x deal: much better than 2006 [djdez] by blov8r
Apr 09, 2008 (12:58 pm)
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Replying to: djdez (Apr 05, 2008 6:37 pm)

Dealer here in Tucson says the $2000 loyalty figure is good only for April. IF he lied to me he just nixed any chance I'll lease a 3rd Infiniti from him. Bart
#1359 of 1539
Re: 2008 M35x deal: much better than 2006 [blov8r] by djdez
Apr 09, 2008 (2:10 pm)
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Replying to: blov8r (Apr 09, 2008 12:58 pm)

According to Edmunds, that should run through June 30th - so, I think he's lying! It also says you can use it for leasing, so - let's see what happens!
#1360 of 1539
Re: 2008 M35x deal: much better than 2006 [djdez] by blov8r
Apr 10, 2008 (7:13 am)
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Replying to: djdez (Apr 09, 2008 2:10 pm)

It CAN be used for leasing ... but only the the M, the EX, and the QX. I'm actually thinking of buying my M off the lease for $30K. Cost will actually be a bit lower than a new M lease and my M is loaded and has only 20K miles. Frankly, that's why I'm shopping now, with 2 1/2 months to go. I don't know what I want!!!! Bart
#1361 of 1539
Re: 2008 M35x deal: much better than 2006 [blov8r] by djdez
Apr 10, 2008 (10:30 am)
Reply

Replying to: blov8r (Apr 10, 2008 7:13 am)

I'm in the same boat. My 2006 M35x only has 14000 miles on it! It's a 21 month lease that's up at the end of June, but the residual was so high at like 71% that I don't think it makes sense for me to buy it ... oh well. Good luck!
#1362 of 1539
M35 Lease Offer - Good? by djrampage7
Apr 11, 2008 (8:13 pm)
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Hi All,
 
   I was offered the following lease. Please let me know if you think this is good or if I can do any better.
 
M35x with Nav/Technology Package
 
39 month - 12,000 miles/year.
 
$0 down
$528.08 a month
 
The following is due at inception.
 
Bank Fee- $795
Destination charge - $715
DMV Transfer plates fee (~$150)
Tax - $1548
1st month payment - $528.08
 
total due at inception - $3736.08
 
The residule on the car is 56%
Money Factor - .00135
 
How do I get my money factor lowered?
#1363 of 1539
Re: M35 Lease Offer - Good? [djrampage7] by finadv
Apr 12, 2008 (7:11 am)
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Replying to: djrampage7 (Apr 11, 2008 8:13 pm)

Sounds like a great deal except I don' t understand the $1548 tax. You only pay tax as you make payments, not upfront. Is that a cap cost reduction in disguise? I would imagine that you still have to pay tax each month on the $528.
#1364 of 1539
Re: M35 Lease Offer - Good? [finadv] by kyfdx HOST
Apr 12, 2008 (7:27 am)
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Replying to: finadv (Apr 12, 2008 7:11 am)

That depends on the state.. Many states collect the tax upfront.. though, you can always roll that into the CAP cost, if desired..
#1365 of 1539
Re: M35 Lease Offer - Good? [kyfdx] by djrampage7
Apr 12, 2008 (7:47 am)
Reply

Replying to: kyfdx (Apr 12, 2008 7:27 am)

I calculate tax against only the portion of the car I'm paying for, correct?
#1366 of 1539
Re: M35 Lease Offer - Good? [djrampage7] by kyfdx HOST
Apr 12, 2008 (7:48 am)
Reply

Replying to: djrampage7 (Apr 12, 2008 7:47 am)

It depends... What state? (doesn't mean I will know, but I might..)

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