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Prices Paid: Buying & Leasing Experiences Infiniti M35 / M45 Lease Questions
1570 messages, Last post on Jul 24, 2008 at 6:54 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hello all, Great insights on this board - I am hoping to just get to the bottom line and have folks list out what I should expect to pay to lease an M35/M35x in Charlotte, NC. I will be looking for the base car with 36 months / 12k miles per year. Please let me know what my target cap cost should be when I speak to the dealers. Thanks! |
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Hello All, I GREATLY appreciate all of your contributions to this forum and wanted to return the favor. Just got a new M35S, 24 Month Lease at 623/Mo with 1900 down. Cap 43587 (includes 1000 dealer incentive). Money factor .00061 Residual 63% / 30722 12000 miles Payment 622 including 7% sales tax. Paid 1900 down... which was ONLY fees and first months payment which included 70 sales tax on the incentive. 36 months was virtually identical payments, maybe a few dollars less so I went with the shorter lease. I LOVE this car! Note when leasing. Force the dealer to ONLY finance the vehicle itself. They will bury their Dealer Fee/ Doc Fee (aka dealer's profit) and possibly Bank Fee in the 'cap cost' if you're not careful and wont tell you about it. This is one of the #1 tricks. If you have only a true net cap with 0 fees included, residual, and money factor, plus you pay down only fees+first month you will easily find out who is giving you the best deal. You shouldn't finance any fees on a lease. When they ask you how much you want to put down. Tell them you want ALL fees broken out and itemized and that is what you will pay up front: 1st Month lease payment, Doc Fee+tax, Bank Fee w/tax, DMV/tags. For premium vehicles with would be in the 2000 ballpark. If possible also get the Invoice for full disclosure. Best wishes and keep up the great contributions!
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creative99's suggestion about what to finance appears to be at odds with what carman usually tells us, which is to only pay: registration fee, state required taxes and the first monthly payment Carman, can you comment? Also, what are the pros and cons of financing the sales tax as well? Carman, when you refer to state required taxes, are you referring to sales taxes? Thanks a lot. MJC
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I am about to pull the trigger on my third Infiniti, but I need a push. 2008 M35X / Tech(a) $0 Down - Taxes Built in NY / Westchester 8.375% - using current owner discount $651 for 39 month lease - $845 at close - taxes built in. Give me the thumbs up, and I am doing it. Thank you.
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Replying to: creative99 (May 01, 2008 10:42 am) However, the best way to actually lease is to put no more money down in front than you need to...and that's the first month's lease plus taxes and registration...nothing more. Don't pay any of the fees up front....and certainly don't make a large capital cost reduction up front.
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Replying to: ghstudio (May 04, 2008 5:49 pm) and if so, why wouldn't you also bundle those dollars into the amount financed? Thanks
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Replying to: madrad (May 04, 2008 6:40 pm)
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Replying to: gedalneil (May 02, 2008 3:11 pm) 24 month lease, $750 per month (includes taxes), 12K miles per month Drive off was $1275 (no cap reduction) Took advantage of current Infiniti $2000 credit to repeat buyers. Location: Los Angeles,CA |
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Replying to: ghstudio (May 04, 2008 7:59 pm) The state gets their money upfront and everyone is happy..  regards, kyfdx |
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| Car man, could you let us know what the May MF and residuals are for base M35- 36/15K, Thanks | |
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