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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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#1361 of 1540
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 1540
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 1540
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 1540
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 1540
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 1540
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..)
#1367 of 1540
Re: M35 Lease Offer - Good? [kyfdx] by finadv
Apr 12, 2008 (8:22 am)
Reply

Replying to: kyfdx (Apr 12, 2008 7:48 am)

If the $1548 was indeed tax, then you must have got a cap cost below invoice. What was the cap cost that the $528 was based on?
#1368 of 1540
End of Lease -- Grace Period by random987
Apr 12, 2008 (12:12 pm)
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My lease is expiring on my 2006 M45 this month. I am leasing a BMW 535i, but it will not arrive until the first of May. Does Infiniti have a grace period to turn in you car at the end of the lease?
 
Thanks
#1369 of 1540
Re: M35 Lease Offer - Good? [djrampage7] by djrampage7
Apr 12, 2008 (4:18 pm)
Reply

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

Anyone know if there are any lease end fees with Infiniti?
#1370 of 1540
Re: 2008 M35x deal: much better than 2006 [nrwayne] by kylechoffman
Apr 13, 2008 (9:23 am)
Reply

Replying to: nrwayne (Apr 09, 2008 10:20 am)

Which dealer did you get your M from? Whats your monthly payment - 584?
 
Thanks

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