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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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#1672 of 1830
Re: Jump Into the Fire??? [ghstudio] by milswan
Sep 24, 2008 (3:58 pm)
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Replying to: ghstudio (Sep 24, 2008 1:25 pm)

I have read a lot of the forum. That prompted me to ask the questions!! The lease is for 39 months and it includes all taxes and fees. No other costs are associated with leasing the vehicle. I have emailed the dealer to ask what the capitalized cost is as I'm not sure they ever told me!! I have also asked if there were any administrative fees but I remember them telling me that $4,500 is all I would have to put down...not other costs. The reason I would be putting money down is because I have it right now to use and would like to keep my payments over the next 39 months reasonable.(God knows what they will bring!!) I also read post 1655 and many of the posts before that, after that, and also posts on the non-lease pages. It is very informative but sometimes difficult to understand as this would be my first lease and I don't know much about leasing. (A newbie ! ) However, I am making sense of it all after much reading. You are a tremendous resource and much appreciated. When I get the rest of my answers I will post again. Thanks for your response!!
#1673 of 1830
Re: Jump Into the Fire??? [milswan] by ghstudio
Sep 24, 2008 (6:59 pm)
Reply

Replying to: milswan (Sep 24, 2008 3:58 pm)

Keep that down payment in a bank....and use it each month to pay the larger payments. The reason for this is if you total the car, you will lose all of the down payment. If you don't make the downpayment, the gap insurance provided by Infiniti will pay any difference. Hopefully, it won't happen to you...but it is a risk.
#1674 of 1830
Lease End Buy Out by chantelleb
Sep 24, 2008 (7:56 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
#1675 of 1830
Re: Lease End Buy Out [chantelleb] by ghstudio
Sep 25, 2008 (7:18 am)
Reply

Replying to: chantelleb (Sep 24, 2008 7:56 pm)

late lease return makes no sense....call infiniti finance directly....
 
I don't know of any other deals on lease purchase or on finance rates.
#1676 of 1830
Re: [laidbackusa] by Car_man HOST
Sep 26, 2008 (2:19 am)
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Replying to: laidbackusa (Sep 16, 2008 7:53 pm)

Hi laidbackusa. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a base 2008 Infiniti M35 with 15,000 miles per year are .00009 and 47%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1677 of 1830
Re: [Car_man] by stunatu22
Sep 26, 2008 (6:22 am)
Reply

Replying to: Car_man (Sep 26, 2008 2:19 am)

Hi Car_Man:
 
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
#1678 of 1830
Re: [stunatu22] by ghstudio
Sep 26, 2008 (8:48 am)
Reply

Replying to: stunatu22 (Sep 26, 2008 6:22 am)

no...I said that the rates on the M35x were .00002....rates and residuals vary by model and lease length.
#1679 of 1830
Re: Lease End Buy Out [chantelleb] by yogibearsd
Sep 27, 2008 (11:32 pm)
Reply

Replying to: chantelleb (Sep 24, 2008 7:56 pm)

Hello Chantelle,
 
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 septcargmail.com
 
Thanks
#1680 of 1830
Re: Jump Into the Fire??? [ghstudio] by milswan
Sep 28, 2008 (10:10 am)
Reply

Replying to: ghstudio (Sep 24, 2008 6:59 pm)

I understand now why I should not put money down!! OK...these are the figures I got from the dealer for a M35x AWD 2008 with Tech package...all the bells and whistles. It doesn't sound right to me reading all the threads here.
The lease price is $45,342, the MSRP is $50,835. The MF for 39 months is .0038 and the residual is 48%. Taxes and all are included and with the $4,500 I was going to put down, the payment was $515.85. Sound funky to you??
#1681 of 1830
Re: Jump Into the Fire??? [milswan] by ghstudio
Sep 28, 2008 (4:01 pm)
Reply

Replying to: milswan (Sep 28, 2008 10:10 am)

assuming you have good credit, the money factor is WAY off.....as I said, it's .00002. Either fInd a dealer who will give you the infinti money factor.....or call the dealer and ask to speak to the general manager and ask him if he is serious about leasing a car...and if he will use infiniti's rates without marking them up by some rediculous amount.

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