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Infiniti M35 / M45 Lease Questions

1827 messages,  Last post on Oct 26, 2009 at 2:06 AM

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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#1748 of 1827
Re: 2009 M35 [jg108] by Car_man HOST
Dec 23, 2008 (3:18 am)
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Replying to: jg108 (Dec 20, 2008 4:40 pm)

Hi jg108. The lease program that you mentioned looks a little off to me. According to the latest information that I have seen, Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 Infiniti M35 2WD with 15,000 miles per year are .00128 and 50%, respectively. I do not believe that Infiniti is currently providing any owner loyalty cash on the 2009 M35.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1749 of 1827
2008 M35 Lease by gator5000e
Dec 23, 2008 (6:24 am)
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Hey, guys, I posted about 10 days ago and am still talking with the salesman on the lease for the M35. Now he is telling me that because this is a national/manufacturer lease program, they have NO room to move at all. He says they make very little money on the deal, if any, and he only makes $100 per car leased under the national program. It sounds like BS to me, but does anyone know for sure whether it is or it isn't BS? If so, I am ready to tell this guy see you later.
 
Thanks.
#1750 of 1827
Re: 2008 M35 Lease [gator5000e] by redline122
Dec 23, 2008 (8:01 am)
Reply

Replying to: gator5000e (Dec 23, 2008 6:24 am)

gator,
If you feel like you could be getting swindled, then you may want to walk. If you are not truly needy in getting the car, then begin to walk. You walking will probably not have them pull the deal off the table if you came back later. Are the details the same as the deal you had posted sometime back?
 
You still could deal with an out-of-state dealer and have them ship a car out to you - if you are comfortable with that.
#1751 of 1827
Re: 2008 M35 Lease [redline122] by gator5000e
Dec 23, 2008 (8:34 am)
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Replying to: redline122 (Dec 23, 2008 8:01 am)

redline122, yes it's the same deal. I gave him some time to get closer to the end of the month to see if they would do anything. I do not really need a car as I have extended my RL lease (Acura has a nice extension plan, BTW). So I will probably pass on this. Even if this is a good deal, I do not have confidence in this guy after all this. The OTD purchase price, with tax and all, is a little over $43,000. Maybe I will just say screw it and get a G37 for my post mid-life crisis!!
#1752 of 1827
Re: 2008 M35 Lease [gator5000e] by Car_man HOST
Dec 24, 2008 (2:54 am)
Reply

Replying to: gator5000e (Dec 23, 2008 6:24 am)

Hi gator5000e. The best way to get a good deal on a leased vehicle is to negotiate as low a selling price as you can on the car that you want first and then have the dealer calculate your lease payment using its buy rate lease money factor.
 
If the dealer claims that they are only making $100 on this deal, then call his bluff and offer a selling price of $100 over dealer invoice. You can look that number up right here in the New Vehicle Pricing section of Edmunds.com. Then have the dealer calculate your lease payment using Infiniti Financial Services' current buy rate for this car (which is the lowest possible .00001 for a 36 month lease of a 2008 M35 Sedan).
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1753 of 1827
Still looking for an 08 M35 by br2376
Jan 08, 2009 (1:54 pm)
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Hi all,
 
I have been looking at leasing a M35 here in the Central FL area and I was wondering if anyone has any info on the current deals since the Jan 5th expiration date of the past ones. I am currently leasing a Fx35 with one more month left. Has the money factor/residual/loyalty $ on the 08 M35s changed?
 
Any input as to the timing, negotiating or anything else in leasing would be greatly appreciated.
 
PS I will not deal with Orlando Infinit. They have done nothing but waste my time.
#1754 of 1827
Re: Still looking for an 08 M35 [br2376] by Car_man HOST
Jan 19, 2009 (3:29 am)
Reply

Replying to: br2376 (Jan 08, 2009 1:54 pm)

Greetings br2376. Here's the information that you are looking for. You never mentioned how long you want to lease this car for or what mileage allowance you need, so for now I will assume that you want a 36 month lease with 15,000 miles per year. Let me know if you want something different. IFS' current buy rate lease money factor and residual value for a 36 month lease of a 2008 M35 2WD with 15,000 miles per year are .00001 and 42%, respectively.
 
When negotiating your lease on this car, make sure to take the $1,500 lease cash and $1,500 bonus cash that are currently available on it into account ($3,000 total). this cash will help you to negotiate a capitalized cost that's well below dealer invoice.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1755 of 1827
How Much Should I Pay Lease On An M35x With 20k/Yr? by draz2
Jan 21, 2009 (9:20 am)
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My lease on my Lexus ES350 is up in June and I'm beginning to look around. I like the specs on the M35x as I want an awd vehicle this time around. But the 1st salesperson I spoke to said the lease now would be about $899/month for that car with nav. Hell, I can get into a M-B E350 4matic with nav for about $725/month.
 
What gives? Can I do better than this $899 price on the M35x? And please don't hit me with a bunch of fancy numbers and jargon like "money factor," etc. as all I care about is the bottom line.....what I need to pay each month.
 
Thanks for any help/advice you guys can offer.
#1756 of 1827
Re: How Much Should I Pay Lease On An M35x With 20k/Yr? [draz2] by shmang
Jan 21, 2009 (9:57 am)
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Replying to: draz2 (Jan 21, 2009 9:20 am)

I think $899 is way too high. I am assuming that you are looking at the 2009 model. Since it just came out, so the price is hot, but when it is time for you to lease / buy, it will drop. For now, since there is little incentive (so the dealers can move 2008 models), it is not a surprise for the monthly payment number. But, by March/April, the number will drop and I believe you can lease one for around $650/month by June with the 39 month lease, which is the most popular lease from Infiniti and 12K miles per year. You can adjust the cost based on your mileage needs from there.
#1757 of 1827
Re: How Much Should I Pay Lease On An M35x With 20k/Yr? [draz2] by rocky725
Jan 21, 2009 (10:26 am)
Reply

Replying to: draz2 (Jan 21, 2009 9:20 am)

I recently got a quote for a m35x with tech package, 39 month lease, 10K miles / year in the new jersey area for $775 per month with nothing down (taxes and fees rolled into the lease). I'm holding off because I expect it to go down over the next few months. If you're looking for a lease with 20K miles per year the monthly payments will be considerably higher and you may be better off financing (depending on how long you plan to keep the car).
 
If you can get an E350 for $725 per month with nothing down then you should go for it...that seems too good to be true given MB's current lease offers.

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