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Last post on Apr 14, 2013 at 4:23 AM
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Infiniti M37, Car Leasing, Sedan
#2018 of 2370 Re: 2011 M37 RWD lease rates [Car_man]
by leehall
Oct 08, 2010 (11:37 pm)
Called Houston area Infiniti dealership on 10/8/10 for M37 MF and residual, stated 36mth, 15,000 miles per year are .00181 and 57%. Did dealer markup MF because IFS promotions are same as September?
Here's what the dealer quoted me today for M37 w/ Sport, Premium, Sport Touring, Aero kit and many accessories. Price is using VPP Plan D pricing, which basically gets you invoice. http://www.insidenissan.com/monthly_dplan_infiniti_2011.html
Storm Front Grey
MSRP=$59,045
Invoice=$53,971
My Quote=$53,325
Optional Equipment & Accessories
R01 Sport Package
U01 Premium Package
K02 Sport Touring Package
R94 Aerodynamic Package
N92 Illuminated Kick Plates
L92 Carpeted Trunk Mat, Trunk Net & First Aid Kit
S92 Vehicle Alarm Impact Sensor
Tint
Wheel locks
#2019 of 2370 Re: Help needed for new M37x lease... [lsachs]
by Car_man HOST
Oct 12, 2010 (3:16 am)
Here's the information that you're looking for, lsachs.
Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2011 M37X with 15,000 miles per year are .00131 and 57%, respectively for consumers who qualify for its top credit tier.
IFS' 12,000 mile per year residual value for this car would be 2% higher.
You are correct about 24 month leases on Infinitis. Technically one could still lease an Infiniti for 24 months, but it is no longer providing support on 2 year leases so it doesn't make sense to do so.
Car_man
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#2020 of 2370 Re: Thoughts on 24 month lease?? [lsachs]
by Car_man HOST
Oct 12, 2010 (3:40 am)
Hey Larry. Infiniti hasn't offered support on 24 month leases in a while. It seems to me as though this might be a permanent change.
Car_man
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#2021 of 2370 Re: October M37x lease..... [jerseydriver11]
by Car_man HOST
Oct 12, 2010 (3:43 am)
I'd be happy to help you out, jerseydriver11.
Infiniti Financial Services' 36 month buy rate lease money factor and residual value for a 36 month lease of a 2011 M37X with with 12,000 miles per year are .00126 and 59%, respectively for consumers who qualify for its top credit tier.
The last time that I checked, IFS' lowest mileage allowance was 10,000 miles per year. IFS' 10,000 mile per year residual values are 1% higher than its 12,000 mile per year residuals.
Car_man
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#2022 of 2370 Re: October M37x lease..... [Car_man]
by burzhui
Oct 13, 2010 (5:53 am)
carman do you have any input on the lease that i got (few posts up)? A friend wants to get the same car and i am trying to see if i got a good deal so i can recommend it to him.
thanks in advance
#2023 of 2370 2011 M37 Lease Rates
by 737capt
Oct 15, 2010 (6:45 pm)
Car_man,
Do you have the current lease rates and incentives for a 2011 M37 with Sport Package? Thanks!
#2024 of 2370 Re: 2011 m56 lease and current m37 numbers [ghstudio]
by xruined901
Oct 17, 2010 (7:42 am)
With money down, it is lost if car is totaled or stolen. How are MSD's treated? I would think the gap insurance covers the gap, and the MSD is returned in full if car is totaled or stolen, but need to be absolutely certain.
#2025 of 2370 current lease rates and incentives for a 2011 M56 for 10,000 miles?
by scottw58
Oct 17, 2010 (1:07 pm)
Car_man,
Do you have the current Lease money factors and residual values for a 2011 M56 Sport for 10,000 miles per year and 36 months. thanks!
#2026 of 2370 Re: 2011 m56 lease and current m37 numbers [xruined901]
by jerseydriver11
Oct 17, 2010 (6:35 pm)
I just leased my third M through IFS in NJ. The loss would be covered (minus any insurance deductible) as per the lease I signed.
Paragraph 23 addresses the security deposit and says they will use the security deposit to cover any amounts owed under the lease and that if you perform all of your obligations under the lease the security deposit will be returned at the end of the lease term.
Paragraph 26 addresses Damage, Loss. or Potential Loss of the vehicle. This paragraph covers many issues including repair of damages to the vehicle, etc. It includes language that says if the vehicle is stolen (and not recovered), or destroyed, IFS will accept insurance loss proceeds in full satisfaction of the early lease termination liability and you shall have no further liability if you are in compliance with (1) insurance obligations under the lease, (2) your policy covers the casualty and you have paid the deductible required by the policy, and (3) your lease is not in default.
My reading of this is that if you keep your insurance in place and your lease payments up to date that in the event of a total loss of the vehicle you will pay the deductible required by your insurance policy and they will return your security deposit. Please note that if you make a security deposit you will be an unsecurred creditor of IFS and would be at risk if IFS became insolvent.
#2027 of 2370 Re: October M37x lease..... [burzhui]
by Car_man HOST
Oct 21, 2010 (3:33 am)
Hi burzhui. I'd be happy to give you my opinion of this deal. So the dealer sold you this car for 49,166.18 and made your final three payments on your current car at $500 per month for you. What is this car's MSRP? That number will enable me to see how large a dealer discount you were given.
Car_man
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