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Infiniti M35/M45: Lease Questions

1830 messages, Last post on Nov 16, 2009 at 7:02 PM
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Replying to: mikeindallas (Jul 22, 2009 6:17 pm) Enjoy your new ride Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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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?
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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
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Replying to: rickwell (Aug 13, 2009 5:33 pm) 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 |
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Replying to: jabat (Aug 16, 2009 4:04 am) 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 |
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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. |
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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.
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Replying to: jeffal (Sep 04, 2009 10:14 am) |
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Replying to: jeffal (Sep 04, 2009 10:14 am) 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.
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Replying to: sewellgsm (Sep 05, 2009 11:36 am) 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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