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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 Infiniti M35/M45 Forum. Your Hosts are pat & karens

What is this discussion about? Infiniti M35, Infiniti M45, Car Leasing, Sedan


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#1808 of 1830
Re: Car man Help Please! [mikeindallas] by Car_man HOST
Aug 05, 2009 (2:11 am)
Reply

Replying to: mikeindallas (Jul 22, 2009 6:17 pm)

No problem, Mike. Congratulations on getting your new M. Thanks for stopping back and letting us know how everything turned out. It sounds as though you had a positive dealer experience. You may want to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to tell everyone about it.
 
Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1809 of 1830
August Residuals/MF for 36/12k? by rickwell
Aug 13, 2009 (5:33 pm)
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Can you provide the current IFS buy rate lease money factor and residual value for a 36 & 39-month lease of a loaded 2009 M35 with 12,000 miles per year.
  
In July, Infiniti was providing a $2,250 cash incentive on leases plus an additional $2,000 to current Infiniti owners. Are these incentives still available?
#1810 of 1830
Lease M#% Good or Can do better? by jabat
Aug 16, 2009 (4:04 am)
Reply
Car Man,
 
First post but long time reader. Can you tell me if this is a good deal or can I do better? Where is a good deal?
 
M35 fully loaded
List $53,035
 
Sell price $47,785
MF .00002
$1,000 for 1st payment and misc. fees
15K miles per year 36 months
Payment is $689.00
 
According to dealer, car is out of state and will need to go get it. I think they're trying to justify the pricing. Any advice is appreciated.
 
Thanks
#1811 of 1830
Re: August Residuals/MF for 36/12k? [rickwell] by Car_man HOST
Aug 26, 2009 (3:21 am)
Reply

Replying to: rickwell (Aug 13, 2009 5:33 pm)

Here you go, rickwell. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a base 2009 M35 with 12,000 miles per year are .00002 and 45%, respectively. The numbers for an otherwise identical 39 month lease are .00042 and 44%.
 
The cash incentives that were available on leases of this car in July are still available.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1812 of 1830
Re: Lease M#% Good or Can do better? [jabat] by Car_man HOST
Aug 27, 2009 (2:10 am)
Reply

Replying to: jabat (Aug 16, 2009 4:04 am)

Welcome aboard, jabat. Let's take a look at this deal. The money factor that you were quoted is right in line with Infiniti Financial Services' buy rate for this model. That is a good sign.
 
Now let's take a look at the other important factor, this car's selling price. The car that you described, a 2009 Infiniti M35 that has an MSRP of $53,035 probably has a spread of around $4,350 between its full MSRP and its dealer invoice price. Add to this the $2,250 cash incentive that Infiniti is currently providing on leases of this model and this spread increases to around $6,600. You were quoted a discount of $5,250 on this car. That is probably around $1,350 over dealer invoice. That's not bad, but if you are in an area that has a decent level of competition, I would not be surprised if you were able to shave another couple hundred dollars off of this car's price.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1813 of 1830
Tax Credits on all 2009 M's by sewellgsm
Sep 03, 2009 (2:46 pm)
Reply
In Texas, IFS just announced they will extend tax credits on all remaining 2009 M's (both 35 & 45) from 9/3/09 to 9/08/09 - it is a short window, but you save about $50 off your payment.
 
I mentioned a few weeks ago - that if you were thinking about a 2009 M - don't wait. We are down to 5 left in stock and we are one of the largest Infiniti dealerships in the country! So, selection is drying up.
 
2010 should hits lots anyday now.
#1814 of 1830
Lease quote by jeffal
Sep 04, 2009 (10:14 am)
Reply
I wasn't really considering the M35 until I read about the great deals you guys were getting. So I decided to email a local dealer for a lease quote on a 2009 M35 (base with no options).
 
The MSRP was just over $46,000 and the terms I requested were 36 months, 10,000 miles/year, $0 down, with the taxes rolled into the payment.
 
The quote I got was insulting. The monthly lease payment they quoted me was close to $740 a month with over $1,000 due at signing! And this was for a BASE M35 with no options! What a joke.
 
I received a similar quote on a 2010 BMW 528i sedan, but that one was fully loaded and had an MSRP of $10,000 more than the M35.
 
Unbelievable.
#1815 of 1830
Re: Lease quote [jeffal] by dsa1
Sep 04, 2009 (10:28 am)
Reply

Replying to: jeffal (Sep 04, 2009 10:14 am)

That really is a joke....I got my M35x with nav and adv. tech, 39 mos, 15k/yr for $635/mo. Keep looking and move on to another dealer.
#1816 of 1830
Re: Lease quote [jeffal] by sewellgsm
Sep 05, 2009 (11:36 am)
Reply

Replying to: jeffal (Sep 04, 2009 10:14 am)

I ran numbers on the last 09 M35 I have in that price range. MSRP $46,885 - 36 month lease - 15k year - $673 per month w/ $860 due at signing - assumes good credit and that you do NOT own an Infiniti now (if you do there is a $2000 loyalty rebate). This is using Texas taxes.
 
PS This would be my first offer - you could probably beat me down another $10 or so - you could also lower your payment by going 39 months or signing for less miles.
#1817 of 1830
Re: Lease quote [sewellgsm] by jeffal
Sep 05, 2009 (3:14 pm)
Reply

Replying to: sewellgsm (Sep 05, 2009 11:36 am)

Thanks for running the numbers.
 
I only wanted 10k miles per year instead of 15k.....and I am not a current Infiniti owner so I won't qualify for the $2,000 rebate. I was still hoping for a quote in the upper $500s for a base M35.

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