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Infiniti M35 / M45 Lease Questions

1695 messages,  Last post on Oct 07, 2008 at 5:19 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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#1494 of 1695
Re: Car_Man - June M45 Lease Rates Please [ghstudio] by ltcadviser
Jun 18, 2008 (6:03 am)
Reply

Replying to: ghstudio (Jun 17, 2008 1:23 pm)

I leased a 2006 M35 journey/tech car for no money down $620 +tax. The 2008 cars right now even with the $2000 rebate are still the same deal. What makes you think that Nissan Motor Corp. will allow the 2009s to sell for $720 + tax?? Sorry, they will be incentivised too. The M35 has been established as a $600/mo. lease car.
Any higher and we are into Mercedes/BMW/Lexus territory and Infiniti has already proven over the years it can't run that race. Face it, Infiniti sells on price.
#1495 of 1695
Press Request by KarenS HOST
Jun 18, 2008 (1:23 pm)
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A reporter from a large finance magazine is looking to speak to consumers who just purchased a new Infiniti M35. If you’re interested in speaking to the reporter, please contact Chintan Talati at ctalatiedmunds.com with your daytime contact information no later than June 23, 2008.
#1496 of 1695
2008 M35X Deal by finadv
Jun 19, 2008 (5:41 pm)
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How does this sound? I may close on this next week.
 
M35X, Tech, Xenons, mats and winter mats
 
MSRP $50,065
 
Cap Cost $44,709 ( includes $1,000 conquest)
MF .00070
Residual 53%
 
36 mos, 10K
 
$585/mo (includes 5% state tax)
 
Out of pocket for first month, reg, doc fee, assignment fee, etc. $1,589
 
Any thoughts?
 
Thanks!!
#1497 of 1695
Re: 2008 M35X Deal [finadv] by ghstudio
Jun 19, 2008 (7:15 pm)
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Replying to: finadv (Jun 19, 2008 5:41 pm)

What's all that gorp in the first month....assignment fee? doc fee? Those should be rolled into the lease...or just negotiated away since they are pure proft to the dealer.
 
Also, consider making Multiple Security deposits to bring the MF down to 0001 and save some more money.
#1498 of 1695
to finadv by baju
Jun 20, 2008 (6:27 am)
Reply
I have not completed my deal yet: Your deal sounds fair. I have not signed my deal yet...as the dealers keep on indicating the color I want will be a couple of dollars extra.
#1499 of 1695
Re: to finadv [baju] by finadv
Jun 20, 2008 (7:03 am)
Reply

Replying to: baju (Jun 20, 2008 6:27 am)

Your deal looks similar, i.e. right about invoice plus an additional $1K with the conquest. From what I've seen on this site, that seems about as good as it gets, give or take a few hundred. What is the cap cost on your deal?
#1500 of 1695
Retro money available to Infiniti dealers?? by ltcadviser
Jun 21, 2008 (7:38 pm)
Reply
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?

 
Another dealership just countered with $614 + tax ($658) with 1st pmt only down, 24 months, 15,000 miles, M35 Tech and Advanced Tech. I guess the $800 net net deal just became $250.
 
When I worked with Nissan, we used to receive additional retro money---i.e. $500 per unit sold in the month if we hit our objective number. Are Infiniti dealers bonused in the same fashion for hitting their monthly stated objectives. If so, what is the typical retroactive kickback dollar amount per unit delivered?
#1501 of 1695
Is this a good deal? by bernster
Jun 23, 2008 (10:22 am)
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Need a quick answer on this one. Like the 24 month rate. Here it is:
 
2008 M45 with Advanced Tech. The vehicle has a MSRP of $56,475 and an Invoice of $51,542.
  
24mo./12k lease: 11075.44 23789.24 including tax
Money factor- .00040
Residual- .63%
  
39mo./12k lease: 11012.32 38725.80 including tax
Money factor- .00089
Residual- .51%
  
  
On both leases the selling price is $52,342, and with the $1,000 conquest rebate is really $51,342. We can pass the rebate along to you as long as you provide a current registration of a competitive vehicle. I understand that you did not want to put any money down, but your really not. The $1,075.44 is a total out of pocket expense which includes your first mo. payment and your registration fee's.
  
All leases based on Tier 0,1 interest rates (W.A.C.)
 
 
#1502 of 1695
Re: Is this a good deal? [bernster] by madrad
Jun 23, 2008 (8:37 pm)
Reply

Replying to: bernster (Jun 23, 2008 10:22 am)

Well, I pick up my new M45x tomorrow...more details later, but my 24 month, 12K lease deal has MF of .00001 with residual I think of 62%. So "money factor" seems off by factor of 40 !
 
But these finance people try to pull a fast one all the time...another dealer offered .00085 until I reminded him of the .00001 rate which I learned about here from the great moderator of this forum. He then says, Oh, yes, I went to my manager and we can give you that rate...
 
Needless to say, I bought elsewhere.
#1503 of 1695
MF and Residuals by jeff721
Jun 23, 2008 (10:20 pm)
Reply
Can someone post the current MF and Residuals?
for an M35X, Tech and Xenons, w/Splash
Thanks!

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