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Prices Paid: Buying & Leasing Experiences 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
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Here's the information that you are looking for, Dave. If you were to lease a 2006 Infiniti M35 Sport through Infiniti Financial Services right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00160 and 70%, respectively. The numbers for otherwise identical 36 and 39 month leases of this car should be .00180 / 59% and .00196 / 58%. If you were to lease a 2006 Infiniti M45 Sport through IFS right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00181 and 72%, respectively. The numbers for otherwise identical 36 and 39 month leases of this car should be .00166 / 60% and .00181 / 59%. For any of these leases, IFS' 12,000 miles per year residual values would be 1% higher. Car_man Host Smart Shopper / Prices Paid Forums |
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I just posted my info for an M35 lease - look a couple of posts up please! If I was able to extend the lease to 42 months to reduce the monthly payment, what would be a good deal for me given the same parameters as above: 1. 12K miles per year and 2. 15K miles per year. Thank you very much. |
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Thanks so much for the lease numbers, Car_man! I went to my dealer today armed with them and easily negotiated $1k over invoice for a M45 Sport w/ Journey + Technology packages. Having a spreadsheet with your numbers on it really made me seem to know what I was talking about...  I think they were quite surprised that I had them, and my numbers were perfect to the penny. My order will get placed at the beginning of November for February delivery. I'll be back in February to get updated IFS rates on the M45 Sport then. Thanks again! -Dave |
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I negotiated M35x for $700 over an invoice price with Tech and Journey package. Monthly payments came out $592.18. for 36 month lease 10k/year. All sales taxes, 1-st payment and bank fee paid up front. This site was extremely helpful in all process. Thank you to everybody who participate
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Welcome Chad. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. When leasing, the two most important items to pay attention to are your vehicle's selling price and the lease money factor that is being used to calculate its payment. The selling prices of leased vehicles can be negotiated, just as if you were paying cash for or financing them. You may be able to get a good idea of how much to pay for this car by visiting rhe following discussion: "Infiniti M35/M45: Prices Paid & Buying Experience". Once you have arrived at an attractive selling price, have the dealer that you are working with calculate your car's lease payment using its "buy rate" lease money factor. Banks, like the one that you will most likely lease your M through - Infiniti Financial Services, all provide dealers with a list of the lowest money factors that they are allowed to use to calculate vehicles' monthly lease payments. While dealers cannot use lower money factors to calculate payments, they can often mark-up vehicles money factors to add additional back-end or hidden profit to your deal. This sort of practice is completely legal, but can usually be avoided if you confront the dealer that you are working with with the buy rate money factor for your car. I can tell you want that is right now if you let me know how long you want to lease it for and how many miles per year you need to be allowed to drive it. With this information, along with the MSRP and selling price I can even estimate what this car's lease payment should be like if you want. Car_man Host Smart Shopper / Prices Paid Forums |
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Hi blue777. Let's start by taking a look at this car's current lease program for the term and mileage allowance that you are interested in. If you were to lease a 2006 Infiniti M35 non-Sport model through Infiniti Financial Services right now for 42 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00210 and 57%, respectively. We can use this information to calculate a lease payment on the car that you are interested in, but in order to do so we need to know its full MSRP (which you have already provided) and its selling price. I am not personally all that familiar with what the market is like for the '06 M35 in your area right now, but you may be able to figure out approximately how much you should pay for this car by visiting the following discussion: "Infiniti M35/M45: Prices Paid & Buying Experience". Once you have an approximate selling price, let me know and I will estimate what this car's payment should be for you. Car_man Host Smart Shopper / Prices Paid Forums |
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Hey milsey2. You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion on this deal if you let me know what its selling price is. With this information I can also tell you how much your payment will increase if you change from 12,000 to 15,000 miles per year. Car_man Host Smart Shopper / Prices Paid Forums |
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You're very welcome Dave. I am glad that I was able to help you out. It sounds like you did a great job in your negotiations. I'm sure that you will be counting the days until your new car arrives  . Car_man Host Smart Shopper / Prices Paid Forums |
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Congratulations on your new car ahsim. I'm glad that you found this discussion so helpful. Thanks for taking the time to stop back and let us all know how your deal turned out. Enjoy your new ride! Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: Car_man (Oct 20, 2005 5:08 am) I went to the dealer yesterday, and they offered me a 42month lease  $682 including taxes, on a M35 Sport w/ Journey pkg (15k miles/yr), putting about $730 down to cover fees, (MSRP $45,680). I find this to be very high, since Mercedes is offering a $54k E350 for $499/mth with about $5k down for 39mos. I am not sure what the invoice is on this specific vehicle is, and I am trying to get the dealer to give me the money factor they are using. I was thinking I should at worst get something in the 550 range, and this seems reasonable based on the above poster who get 565 on a 44k+ purch price. I asked for 15k miles, but may be able to go 12k if it makes a significant difference. Any help you can provide would be great. Thanks Chad
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