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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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#1793 of 1827
M35 June 09 Lease rates plus incentive info by jmcbmw
Jun 06, 2009 (10:07 am)
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Hi car_man, I would like to know if the $5000 "marketing allowance" can be tapped into along with the $2500 "conquest" money towards a lease. The only restrictions Edmunds lists in the "incentives" area on the marketing allowance is that is cannot be combined with the low apr offer. $7500 below invoice would be awesome and help offset the likely low residual on a lease for this model. Will you also post the residuals and money factors for June M35's please? 36mo/15K (or 39 mo if that is the best special offer right now). My BMW lease is up on 6/26 so looking at other options before deciding. Thanks!
#1794 of 1827
Re: m-35 lease [shive123] by Car_man HOST
Jun 11, 2009 (2:00 am)
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Replying to: shive123 (May 31, 2009 6:24 pm)

Congratulations on getting your new M35, shive123. Thanks for taking the time to share the details of your lease with everyone. Real world examples like this are always helpful for other community members who are in the market for similar vehicles. If you have the time, make sure to stop by the Dealer Ratings & Reviews section of Edmunds.com to tell everyone about your recent dealer experience as well. Enjoy your new ride !
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1795 of 1827
Re: M35 June 09 Lease rates plus incentive info [jmcbmw] by Car_man HOST
Jun 11, 2009 (2:06 am)
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Replying to: jmcbmw (Jun 06, 2009 10:07 am)

Hi jmcbmw. Typically manufacturers do not allow the combination of loyalty and conquest cash on the same vehicle. I do not know definitively that this is the case in this specific instance, but I suspect that it is.
 
Infiniti Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a base 2009 M35 with 15,000 miles per year are .00012 and 44%, respectively. For loyal customers, Infiniti is allowing the use of this month factor for 39 month terms, lowering the monthly payment. This car's 39 month, 15k resid is 43%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1796 of 1827
Car man Help by f1fan3
Jun 19, 2009 (6:27 am)
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Carman, thanks for all of the info. It got me into my G35 at a great rate last year and now I am working on a M35 for a family member.
 
18K year/ 39mo
MSRP 55185
INV 50,880
Cap Cost 51,380
MF .00081.
Residual: 42.333%
Sales tax rate Ohio/7%
Using the 2,500 cash to customer to make $0 due at inception.
Breakdown of 2,500 is:
350 DMV/Registration
818.26 first payment
1244.62 Cap reduction
87.12 Cap reduction tax
total is 818.26 a month.
 
My questions
Is it normal for dealer to jack up money factor. He tells me he cannot do the .00012 even thought family memeber is current FX45 owner?
Why would a dealer use such an odd residual? Is it to make up for the extra mileage?
Do you have official Infiniti numbers (MF/Resid) on a 39mo/18K lease?
Should I be getting any other loyalty/dealer/customer cash?
I am trying to put this together in the next day or so to qualify for the $650 in Amex gift cards ($150 for me and $500 for family member)
Any were else I can negotiate better?
#1797 of 1827
CarMan Help by shive123
Jun 26, 2009 (9:31 pm)
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f1fan3
 
You should be able to get the car at invoice or below at this point! They are screwing with you on the money factor. It should be what CarMan listed for June. I would contact any other dealers in about a 50 mile area for their quotes. You should be able to do better.
 
If you are not able to work out a deal for your family member I would be interested in partnering up with you on the AmEx gift card. I lease an M-35 this month. Let me know and I wil pass on my e-mail.
#1798 of 1827
Re: End of Lease [barryend] by art234
Jun 30, 2009 (9:31 am)
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Replying to: barryend (May 16, 2009 6:05 am)

Barry,
 
I agree with everything you have said--my 2010 Audi A4 is in the port and should be released to the carrier on Thursday-I should be driving it by next weekend.
 
That said, I think it's worth making everyone here aware that Infiniti corporate is dishonest and dishonorable, and have given me no alternative but to consider suing them for compensation they promised me and then decided they didn't want to pay.
 
I don't need to recount the details, but my car was in shop for over a month cumulatively, the entire drive train was replaced and the issues were NEVER fixed. After offering me substantial compensation for my time and inconvenience, they then changed their mind and refused to give me anything. They now owe me $1300, and my attorney is trying to collect.
 
Regarding lease end inspection, I posted elsewhere it was more than fair.
 
So caveat emptor--buyer beware before even THINKING of getting an Infiiniti.
#1799 of 1827
Re: End of Lease [art234] by shmang
Jun 30, 2009 (2:13 pm)
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Replying to: art234 (Jun 30, 2009 9:31 am)

So caveat emptor--buyer beware before even THINKING of getting an Infiiniti.
 
That can be said for any luxury brand - i.e.: MB, BMW, AUDI or ACURA when unfortunately, the car you get has some major defects (there is no manufacturer produce 100% perfect cars and there will be bad ones - even for Lexus).
 
I have 2 friends who owned MB and AUDI that had bad experiences and swear just like you that they will NEVER buy another MB / AUDI respectively. BMW is no exception either - read their forum and you will hear horrible stories as well.
 
So caveat emptor--buyer beware before even THINKING of getting a vehicle.
#1800 of 1827
Re: End of Lease [shmang] by finadv
Jun 30, 2009 (4:53 pm)
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Replying to: shmang (Jun 30, 2009 2:13 pm)

Amen! Well said.
#1801 of 1827
Re: End of Lease [shmang] by art234
Jul 01, 2009 (3:43 am)
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Replying to: shmang (Jun 30, 2009 2:13 pm)

Actually, I was quite resigned to the fact that they couldn't fix the car. What got me was their offer of compensation-one month payment and reimbursement for my share of tire replacement (which later became a bulletin on the Goodyear tires). That was $1300--and when I called to accept, they said they changed their mind and did not feel like giving me anything. Then a manager at Nissan corporate told me that they could not legally change their mind, and back tracked a day later and said they could.
 
THAT'S the part I have a problem with--they are not honest. But that's okay, my attorney is on it.
 
There are many cars with defects which can't be found or fixed...although it doesn't help when a service manager comments on a buzz in the interior by just telling you to turn your radio up....
#1802 of 1827
Re: Car man Help [f1fan3] by Car_man HOST
Jul 06, 2009 (3:24 am)
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Replying to: f1fan3 (Jun 19, 2009 6:27 am)

Hi f1fan3. If I was in the market for an M35 and the dealer that I was working with was not willing to ise Infiniti Financial Services' buy rate lease money factor to calculate my monthly payment, I would find a dealer that was willing to work with me.
 
15,000 miles per year is the highest mileage allowance that IFS publishes residuals for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
 
IFS' July 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 .00002 and 44%, respectively.
 
Infiniti is currently providing a $2,250 cash incentive on leases of this car for all consumers plus an additional $2,000 to current Infiniti owners.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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