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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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I am contemplating leasing a 2008 M-35X, AWD, MSRP $50,835. The deal they are offering is $4,500 down, 12K , $515.81 a month RESIDUAL $24,400 RATE 2% I am in Massachusetts. Should I jump into the fire??
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Replying to: milswan (Sep 24, 2008 10:09 am) Infiniti's money factor this month is .00002...that's not 2%, it's closer to 0 percent. Also the residual you show is 48% of the MSRP but there is no infiniti lease that has a 48% residual, so one has to wonder about this lease deal. See post 1655 for the actual infiniti rates this month (and they are national rates). You shouldn't put any money down....in fact you should sit down and read most of this forum before you jump in and lease. There's lots of information if you just take the time to read thru it. I did a quick calculation based on a 36 month lease using Infiniti's real numbers, a presumed negotiated price about $1000 over invoice and your large down payment and the payment seems right (without taxes). But the fact that the dealer is using different MF and residuals really bothers me alot.
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Replying to: ghstudio (Sep 24, 2008 1:25 pm)
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Replying to: milswan (Sep 24, 2008 3:58 pm)
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Okay, I am new to post on the forum. I have an 2007 M35 that has a lease ending this weekend. We were set to let it go then we got an email from Infiniti with a customer loyalty fee reduction $5500 to buy out the car, below what we had on original invoice for lease buy out. (We kind of did not make the best choices when leasing initially...First time leasor!) Once we called the dealership, they kind of gave us the run around on the final fee, then told us it would be $25,500, with a doc fee of $150, a $400 late fee for late lease return (which contract is not officially up until the 28th)...not sure where this comes from. I called more than twice to confirm the date we had to have back. Any thoughts as to if this seems fair? Not sure what all info you need. Also are there any other incentives for lease purchase? How about any deals on finance rates? Thank you - I need help on this one. The car thing is stumping me this time! Chantelle
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Replying to: chantelleb (Sep 24, 2008 7:56 pm) I don't know of any other deals on lease purchase or on finance rates. |
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Replying to: laidbackusa (Sep 16, 2008 7:53 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Sep 26, 2008 2:19 am) Now I'm slightly confused - ghstudio had the MF from IFS on all leases over 2 years was 0.00002 - I am going to the dealer this weekend to negotiate a lease. What are your figures for a 2008 M35 lease for 39 mos. and 12,000 miles per year as far as residual and MF. Also what is your favorite lease payment calculator? I am having many different results from different sites. Thanks Stu
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Replying to: stunatu22 (Sep 26, 2008 6:22 am)
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Replying to: chantelleb (Sep 24, 2008 7:56 pm) I leased an M45 which is due for maturity in October and here are my experiences: 1. Infiniti charges the late fees after either 1 week or 10 days after the maturity date. That is the grace period they allow. 2. If you call IFS (Infiniti Fin. Serv.), the CSR/supervisor has the authority to extend the lease by at least 3 months, up to 6 months. 3. If possible, could you please forward the e-mail that you have received from Infiniti regarding the discount they are offering. I could possibly use that e-mail to negotiate the purchase mine. My e-mail is septcar  gmail.com Thanks |
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