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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

What is this discussion about? Infiniti M35, Infiniti M45, Car Leasing, Sedan


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#1479 of 1830
June rates for M35X by finadv
Jun 10, 2008 (4:43 am)
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Car_man,
 
Do you also have the June lease rates for an M35X, 36 months and 10K miles?
 
Thanks!!
#1480 of 1830
Re: June lease rates for M45x [Car_man] by walt18
Jun 10, 2008 (5:30 am)
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Replying to: Car_man (Jun 10, 2008 1:16 am)

Car man,
             What is the invoice on a fully loaded 08 M45 RWD with premium package.
#1481 of 1830
Re: June lease rates for M45x [walt18] by ghstudio
Jun 10, 2008 (6:28 am)
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Replying to: walt18 (Jun 10, 2008 5:30 am)

walt18....you are on the edmunds site. Why don't you just figure out the invoice/msrp yourself. No need to ask us to do the same thing for you.
#1482 of 1830
M35 Tech Advanced Tech Lease by ltcadviser
Jun 14, 2008 (2:32 pm)
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was driving by an infiniti dealer today, so thought I would try to negotiate a lease just to get some talking numbers.
 
Had F&I manager work a deal on a 2008 M35 with Technology and Advanced Technology. MSRP was $50,475. The MF was .00024, 24 mos/15K miles.
 
The capitalized cost I believe was $46,385 before the $2000 loyalty rebate was applied. With $681.00 out of pocket, the monthly payment was $636+tax. The F&I manager said this was an $800 deal net net....holdback, doc fee, everything accounted for.
 
I said "No thanks." I figured I would like to be at $560+ tax with $600 OOP.
 
By the way, is it just me or is $2800 MSRP for the Advanced Technology package seem like a lot of money. I want the upgraded 14 speaker audio system, but $2800, redidualized or not, seems like a lot of cheese. The rest of the features in the package sure don't mean a whole lot to me. Any thoughts?
#1483 of 1830
Re: M35 Tech Advanced Tech Lease [ltcadviser] by ghstudio
Jun 14, 2008 (2:54 pm)
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Replying to: ltcadviser (Jun 14, 2008 2:32 pm)

Drop the advanced tech package and pay two multiple security deposits ($1300) which you will get back at the end of the lease. The MF will drop to .00004.
#1484 of 1830
Re: M35 Tech Advanced Tech Lease [ghstudio] by ltcadviser
Jun 14, 2008 (6:53 pm)
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Replying to: ghstudio (Jun 14, 2008 2:54 pm)

I would rather listen to my CD's with 14 speakers. And, I would rather invest $1300 into my American Funds portfolio before reducing the money factor.
 
Multiple security deposits is a waste of capital.
#1485 of 1830
Re: M35 Tech Advanced Tech Lease [ltcadviser] by ghstudio
Jun 15, 2008 (7:27 am)
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Replying to: ltcadviser (Jun 14, 2008 6:53 pm)

Multiple Security Deposits are only a waste of capital if you can make more with the money than you save by making the security deposits. I can't count on making more than 4% these days on an investment or CD...but using that money to make MSD's I save more than 10% on those $'s....eg. if I put $1300 in the bank, then at the end of the first year I've earned $52 interest. Putting the same money into MSD's saves me about $14 a month or $168 the first year because of lower interest payments. (those are real numbers BTW). So I'm earning almost 13% on that $1300 (or saving 13%)...which I think is a very very good way to invest capital.
 
However, you may be able to reliably earn more than13% on your capital....I know few who can using stocks/bonds/mutual funds. Note..I said reliably.
 
I suggest that you actually work out the numbers before you say...oh it's so small a difference it's not worth it. Run the numbers before you make broad statements like "waste of capital"..oh, and do remember that you get that $1300 back at the end of the lease.
#1486 of 1830
Re: M35X / 2008 / Tech / Nav [gedalneil] by gedalneil
Jun 15, 2008 (1:36 pm)
Reply

Replying to: gedalneil (May 02, 2008 2:11 pm)

I wanted to do a follow up since I leased my 2008. I signed a black / stone 2008 Tech A with mudflaps, rear trunk mat and Xenon lights for $538 a month , taxes in. Only cost at close was bank, DMV, tire fee, and first month.
 
I went with Competition in Long Island. They originally were supposed to get me a black with wheat interior. When they realized they could not, they made good and got a black with stone (Xenon, mud flaps, and rear trunk) came with this model so they went through it in. They drove it out to my house in Westchester so this all worked out.
 
It is an M35X by the way. I hope this helps everyone out there. Every else on this forum did help me. 39 months too.
#1487 of 1830
Re: M35X / 2008 / Tech / Nav [gedalneil] by baju
Jun 15, 2008 (4:21 pm)
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Replying to: gedalneil (Jun 15, 2008 1:36 pm)

Need some guidance: This is the first time I am leasing an infiniti. I wanted to know if the price is good or not.
 
M35X with Tech Package, Xenon, Rear spoiler, Trunk mat and splash guard
 
$600 per month including Tax with $1700 down for 2 yrs / 12K.
 
Thx - If possible please reply ASAP.. as I need to make a decision by tuesday.
#1488 of 1830
Re: M35X / 2008 / Tech / Nav [baju] by ghstudio
Jun 15, 2008 (4:56 pm)
Reply

Replying to: baju (Jun 15, 2008 4:21 pm)

too many unknowns. What's the term of the lease? what is the money factor they are using? what is the residual % they are using? give us the prices without taxes. The least important fact is the monthly payment because if the other pieces are right, then it is what it is. Also...what is the capitalized cost of the car...it should be pretty close to invoice less $1000 (conquest cash applied to reduce the capitalized cost).
 
I can tell you right now that you should not be paying $1700 down....pay the first month's lease plus registration when you pick up the car...no bank fee, no administrative fee, no nothing else except REQUIRED taxes....everything else gets rolled into the lease. what you should do is take that $1700 and make two extra security deposits which will lower the MF to .00004 which is effectively no interest. Your payments will go up but the total cost of the lease will be less because you aren't paying that $1700 up front. (you get the security deposits back at the end of the lease...it's a loan). You can either trust me on this or read back thru this forum where I've explained it ad nauseum.

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