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Infiniti M37, Car Leasing, Sedan
#2127 of 2393 Re: March 39 mo. / 15k M37 2WD lease rate [nicad2000]
Mar 28, 2011 (5:12 pm)
I'd be happy to nicad2000. Infiniti Financial Services' March buy rate lease money factor and residual value for a 39 month lease of a 2011 M37 Sedan 2WD with 15,000 miles per year are .00034 and 52%, respectively for consumers who qualify for its top credit tiers.
I don't think that one can generalize about the difference between 36 and 39 month lease terms.
Prices Paid: Buying & Leasing Experiences Forum
#2128 of 2393 Re: March Lease Rates - M37 RWD/AWD [Car_man]
Mar 28, 2011 (6:25 pm)
Thank you very much, Car Man. This is extremely helpful.
#2129 of 2393 2011 M37x lease just finalized
Mar 29, 2011 (11:58 am)
I just finalized a 2011 M37x with premium, deluxe touring, splash guards, rear decklid spoiler, illuminated kick plates, tinted windows, wheel locks and Trunk mat / trunk net / first aid kit. Using the VPP I got it for $605/month sign and drive (NYS taxes included). I am on LI. This car was an owner's demo, however, it only has 1,500 miles. It is for 39 months/ 10K miles per year.
I was originally getting a 2011 M37 RWD with premium, sport, sport touring, aero kit, illuminated kick plates, wheel locks and Trunk mat / trunk net / first aid kit. Using the VPP I was getting it for $610/month with $800 total out of pocket (NYS taxes included). This car was also a demo, with 5,600 miles. That was for 36 months/ 10K miles per year.
Please let me know what you guys think.
Thanks again for the priceless information this forum provides.
#2130 of 2393 Can you still lease a 2011 M37 in April?
Mar 31, 2011 (10:10 am)
Now that the 2012s have hit the lots, does anyone know if Infiniti will still have a program to lease the 2011s, or will they be sale only as a cash-out vehicle?
If the lease program is still available for 2011s, do you think it makes sense to lease one, or go with a 2012 and the higher residual value?
#2131 of 2393 Re: M37x lease deal executed today [jetfan]
Mar 31, 2011 (10:30 am)
Sorry -- I just saw these postings...It was Infiniti of Greenwich in CT. These were pretty easy to work with. Effectively was as simple as them meeting the lowest TrueCar price I had seen and not adding on any extraneous charges. Would call them...they're a pretty new dealership.
#2132 of 2393 Re: 2011 M37x lease just finalized [e325rkh]
Apr 01, 2011 (9:32 am)
Update. Picked up the vehicle yesterday and here is the final:
2011 M37x (Blue/stone) with premium, deluxe touring, splash guards, rear decklid spoiler, illuminated kick plates, tinted windows, SmartStart remote start and Trunk mat / trunk net / first aid kit.
The final was $588.92/month (NYS tax of 8.625% included) with $1,502 total paid at signing (includes the remote start, spoiler, first month's payment, and all NYS reg/doc fees) The tint and 3 free services were included at no charge. I am on Long Island, NY. It is for 39 months/ 10K miles per year. Here are the details:
*Production date: Dec 2010 (has the new shiny finish wheels)
*Total MSRP (spoiler not included in the lease): $57,485 (It is low by $450 according to my calcs - I'll have to check the window sticker when I get home)
*Residual: $32K (56%)
*Money factor: .00048
*Selling price: $50,750.17 (includes loyalty)
*Net cap cost (includes NYS taxes and bank fee rolled into lease): $53,216
Basically, it is around VPP price, with the remote start (able to start using an iPhone app!) & spoiler dealer installed at a discount (total for both including tax was $624).
It wasn't close to the deal that legna just mentioned, however, it was the best I could get in my neck of the woods at this time.
I hope the details helps someone.
#2133 of 2393 Re: M37x lease deal executed today [legna1]
Apr 01, 2011 (9:34 am)
Great deal. I did TrueCar and Greenwich came up with the best price, however, they emailed me and to say they had none left.
#2134 of 2393 Re: M37x lease deal executed today [e325rkh]
Apr 01, 2011 (9:58 am)
I actually think the deal you got was very close to mine -- nearly the same discount off of MSRP, and the change in residual is what it is -- you can't control that. Am envious of the remote start...congratulations on your new car!
Apr 03, 2011 (2:11 pm)
Hi Guys. I have been browsing this forum for a few weeks and have found the discussions and info to be quite informative. I dont know tons about leasing but understand the basics. So, I am looking at leasing a 2011 M37x with prem package. My questions are: 1) what is the money factor for a 10k mile/year lease, 2) what is the residual value, 3) are there any incentives going on now, and 4) do you think I can get this car for close to invoice? I checked edmunds and the TMV is close to invoice in my zip code. Thanks for any help you can provide on this.
#2136 of 2393 Re: March Lease Rates - M37 RWD/AWD [e325rkh]
Apr 04, 2011 (3:02 pm)
You're very welcome e325rkh. I'm glad that I was able to help you out.
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