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Prices Paid: Buying & Leasing Experiences Infiniti M35 / M45 Lease Questions
1830 messages, Last post on Nov 16, 2009 at 7:02 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: ltcadviser (May 23, 2008 5:49 pm) ltcadvisor: I am also thinking about extending my lease...but I don't think it will get very much better. If I extend, it's to see if the 09 mercedes c350 becomes a 305hp car..or to see if the jaguar XF price/lease becomes affordable (I love that car)...or to see the new FX or maybe the 2009 M will appear with a new transmission. On the other hand, there are some big changes coming in 2010 and maybe the best option is to lease another M for 24 mos and position for the 2010's....tough call. Of course if the lease on the 06 is less than a new 08...why not pay the lower price for a few more months....
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Replying to: ghstudio (May 23, 2008 6:51 pm) I'm turning in 06 M35 and extended a month to see if May would improve things and bring me happiness - wrong. I'm dealing for invoice and the 3% May residual reduction ( I use msd so MF no impact) increased mo payment by $63.69. Even if they throw another 1K onto the current 2K w/ same lease factors in Jun it won't = the Apr payment (but would lower that $63.69 increase by $50.)I had 70% MF in 06 (21 mos) and at that time the 24 mo was 65%. Also considering the poor gas mileage I get the other carI'm looking at would save me $43.per mo  $4/gal. We were lucky in 06, M35 has met reality, although when I sit in it I feel like I in a vintage Chris Craft and hate to part with it. Good luck with your decision.
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Replying to: ghstudio (May 23, 2008 6:51 pm) It will be interesting to see if Jaguar has good deals on the XF. It is a sweet car, but I am 6'5" and don't fit too well in it. I don't think you can get into the XF for $600/mo. with no money down though. I don't think there are any cars with an MSRP of 52K that you can lease as well as the M. If anybody knows of any other cars, I would like to know. I love the M, though. Just pi$$ed that I can't get Sirius radio anymore to listen to the NFL games. |
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We are looking to lease a new m35x. If you lease a car with 12k miles and the lease is for 39 mos, do you get 36k miles or 39k miles for the life of the lease? Thanks
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Replying to: rspier01 (May 27, 2008 2:53 am) |
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My lease of a 2006 M35x is about to end in late August. My initial terms were 39 months, 15,000 miles per year. My end of lease purchase option is for $32,812. I looked on edmunds, my car which has 44,000 miles, is in excellent condition and is fully loaded(prem, nav, tech, spoiler, splash guards) is listed as $34,255 dealer retail, $31,576 private party, $28,874 trade-in. I like the car, would it be wise to purchase the car at that price(actually finance)? or just lease an 08 as my monthly payment is currently $639 and looks like people are getting better numbers on 08's.
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Replying to: shivan (May 30, 2008 12:57 pm) I wouldn't buy an 06 with that many miles with no warranty when I could lease for almost no finance charge and a residual that is more than the gas eating car will be worth in 2-3 years. BTW...check out the 24 mo vs the 36 mo lease...the MF is lower on the shorter lease. |
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Replying to: ghstudio (May 30, 2008 1:54 pm) Now, about that $2000 loyalty. I STILL can't seem to get a straight answer. You are saying to apply it as a cap cost reduction up front, however every dealer has told me you CANNOT use it on a lease, only a purchase. Also, it's only available on the M, EX or QX56 ... I tried to apply to the M and after knowing I couldn't use it, I gave up on the M. Yet, I see people saying they are getting EX35's for $3500 below invoice. That would be taking into account the $2000 loyalty and the $1500 dealer cash. On a lease, the LOWEST I could get a dealer to go was $1750 below invoice - they said I could not 'stack' the $2000 loyalty with it - just like I've been hearing on the M too. So .... DOES anyone know the TRUE answer about the $2000 loyalty? Can it be used on a lease, or not?!? And, if so - how? Could you actually get a selling price of $2000 BELOW invoice by using it - on a lease? Thanks! |
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Yes, in theory, you could buy a car for $2000 under invoice if the dealer was willing to sell you the car at invoice. The $2000 is available for both lease and purchase...and the best way to think of it is that the real invoice is $2k less than what the dealer shows you. So getting a lease on an M with a capital cost of $1000 under the printed invoice price still gives the dealer $1000 profit plus the administrative fees...you can certainly shoot for less cost. The best M deal is on the X in May.....my quick calculation told me an X equiped the same as an M cost $50 a less on a 24 mo lease. The G is very attractively priced....but it is not the same car...it drives peppier but I hate adjustable steering wheels that move the top of the dash with them because that gap reflects in the window. The M is larger and better (softer) riding...but not quite as peppy.
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Replying to: ghstudio (May 30, 2008 1:54 pm)
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