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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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#1772 of 1830
$500 Amex gift card on new lease or purchase by allprima
Apr 06, 2009 (6:59 am)
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Hi all,
I recently puchased a 2008 g35x sedan and Infiniti just sent me an offer in the mail...
Basically, it's an offer code for a $500 Amex gift card on a new purchase or lease of an Infiniti vehicle. (I will also receive $150 Amex card for "referring" you) If any of you have recently purchased or leased a new infiniti and would like the $500, please email me at allprimoaol.com. According to the instructions on the flyer, i just log on to the infiniti website and enter the vin # of your car and my car and we both get the gift cards - no strings attached. I dont know anyone personally who is buying an infiniti soon so i figured i'd post the offer up here. Let me know if you have any other questions.
-Allison
#1773 of 1830
April M35 Lease numbers? by theloungeboy
Apr 16, 2009 (11:25 pm)
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Do you know the current lease offers on the 2009 M35?
My current Infinti lease is up in a few weeks. I'm in no hurry to get another Infiniti, but if the price is right.....Thanks!
#1774 of 1830
Re: April M35 Lease numbers? [theloungeboy] by art234
Apr 20, 2009 (4:59 am)
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Replying to: theloungeboy (Apr 16, 2009 11:25 pm)

My information is that the lease numbers for the M are horrible. They lost their shirt on M's coming off lease now--average value is $10-$12K below residual at auction.
 
That said, I am completely biased against Infiniti at the moment.
 
My advice would be to look around...but remember that late season leases are usually not competitive because of lowered residuals.
 
Good luck.
#1775 of 1830
Re: April M35 Lease numbers? [theloungeboy] by Car_man HOST
Apr 27, 2009 (3:21 am)
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Replying to: theloungeboy (Apr 16, 2009 11:25 pm)

Hi theloungeboy. Infiniti's lease program for this car varies by term and mileage allowance. For now I will assume that you are interested in a 39 month lease of one with 15,000 miles per year. Let me know if you want something different.
 
Infiniti Financial Services' current buy rate lease money factor and residual value for a 39 month lease of a base 2009 M35 with 15,000 miles per year are .00073 and 44%, respectively. Infiniti is providing a special enhanced 39 month money factor of .00033 for current M35 owners and lessees right now.
 
There is also a $2,000 loyalty cash incentive on leases of this car for current owners of any Infiniti and $3,000 for current M owners and lessees.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1776 of 1830
Buy at end of lease? by calboy1
Apr 28, 2009 (8:08 pm)
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I've got a 2007 M35 coming off lease next month. This was my first lease as it seemed to be such a good deal at the time. The residual value is just under $28K. I'm happy with the car & could see myself keeping it. Given the economy, should I expect Infiniti to offer me a discount on the buyout? If so, any ballpark amount ideas? Also, would there be any sales tax over and above the purchase option? (Our state rate is approaching 10%!) The KBB retail value is $30K. I'll probably owe about $2K for excess mileage if I turn it in. I'd appreciate any advice from those of you who are more experienced on this. Thanks in advance!
#1777 of 1830
Re: Buy at end of lease? [calboy1] by shmang
Apr 29, 2009 (7:16 am)
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Replying to: calboy1 (Apr 28, 2009 8:08 pm)

I believe you made the right choice and the M is such a good car (Although it has some flaws here and there, but overall, it is an excellent package). So, if you are happy with the car, there is nothing wrong to buy it off.
 
But, as bad as the economy (It is recovering slowly), Infiniti is reluctant to offer much discount on lease buyout in most cases, so you would be lucky if you can talk them to sell it to you for under $26k, plus, you need to pay tax on the buyout amount just like you purchase a used car.
 
Talk to your dealer and see what they are willing to offer and go from there - with the auction price now, Infiniti financial service might changed their mind, at least it worth a try. Good luck!
#1778 of 1830
Re: Buy at end of lease? [shmang] by tsol
Apr 29, 2009 (8:51 am)
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Replying to: shmang (Apr 29, 2009 7:16 am)

I feel similarly about my '07 and when the time comes am thinking of offering my dealer 5% over auction and I'll buy it back. They let Infiniti take the hit and pocket something. I might pay more in sales tax, but it will be much less than the lease buyout figure. Worth a try?
#1779 of 1830
End of Lease by art234
Apr 29, 2009 (9:01 am)
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My '06 lease is up shortly and with all due respect I can't wait to give the car back. The dealer's service is incompetent, the management somewhat rude, and the car has defects that they can't (and won't) fix. Inifiniti customer service has proven to be dishonorable (make a compensation offer then retract it), and Nissan executive office lies and then changes their story.
 
Regarding end of lease, they do not negotiate off residual. They would rather take the car back and lose their shirt at the auction. My residual is $27K and the cars are going for under $15k at auction. There are too many out there to retain their value.
#1780 of 1830
Re: End of Lease [art234] by shmang
Apr 29, 2009 (1:23 pm)
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Replying to: art234 (Apr 29, 2009 9:01 am)

As of now, the auction value of M35/45 have increased magically. A 2006 M35 is going around $17K and M45 at around $19K at auction now (Sure there are some going a bit lower, but not by much if not with high mileage).
 
Also, if the condition is good, the dealer can normally get around $24-25K for M45 (Not sure about M35). So, if you can get them down to $24-25K, it will worth a try. That is, you like the car. There are a lot happy owners, but there are a few with bad experiences mainly due to the incompetent dealership, so it is time to move on unless you can find a much better dealer to take care of you locally.
#1781 of 1830
Re: Buy at end of lease? [shmang] by calboy1
Apr 29, 2009 (8:43 pm)
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Replying to: shmang (Apr 29, 2009 7:16 am)

Thank you for your helpful response. I'll give it a go.

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