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Infiniti EX35 Prices Paid and Buying Experience

393 messages,  Last post on Dec 01, 2009 at 11:17 AM

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What is this discussion about? Infiniti EX35, Car Leasing, Car Buying, SUV


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#41 of 393
Re: March lease numbers... [qbrozen] by healeysandjags
Mar 10, 2008 (2:47 pm)
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Replying to: qbrozen (Mar 10, 2008 6:56 am)

I took delivery of my well equiped (no tech pkg) EX Journey on Feb 29th. MSRP sticker was $42,950. I paid cash and got the car for $39,000 + fees.
 
As an added bonus, the dealer called me the next morning and rewrote the deal to give me another $500 off as a factory incentive came through overnight and they wanted to pass some of it on to me. Pretty decent of them. Niello Infinity - Concord, CA
Love the car - love it!
Randy
#42 of 393
Re: March lease numbers... [healeysandjags] by jagoo
Mar 10, 2008 (4:06 pm)
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Replying to: healeysandjags (Mar 10, 2008 2:47 pm)

Congratulations, but the dealer was not doing you any favors. The incentive was $2000. They only passed $500 to you.
#43 of 393
Re: March lease numbers... [jagoo] by jmess
Mar 10, 2008 (8:36 pm)
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Replying to: jagoo (Mar 10, 2008 4:06 pm)

I think long term resales values are also negatively impacted by incentives. A person who paid $2K less for their car is more likely to accept $2K less for it when they sell it. Which impacts the person who paid $2K more.
 
The 2K might move a few cars but it is still the same car and 2K doesn't make it any bigger in back or improve the MPG. So a price of invoice - 2K range is gong to be doable for the folks that hang tough.
#44 of 393
24-Month Lease of EX35 Journey RWD is CHEAPER than RDX w/Tech right now! by waltaz
Mar 10, 2008 (10:54 pm)
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I'm looking at both the RDX and EX35. The manufacturer's have the following incentives for March:
- Acura: $1500 off for a lease, and they will go off of INVOICE (don't go a penny more)
- Infiniti: Super-aggressive money factor on 24-month leases (.00025 vs. .00074 for the RDX); better residuals than Acura (63% for EX vs. 58% for RDX)
 
Factor all this in and assuming the following:
- RDX Tech MSRP is $37,410 and cap cost is $33,229 (I have to add $300 for marketing in AZ)
- EX35 Journey RWD (with Nav, Premium, Luxe Style, Roof Rails, Cargo Protector) MSRP is $41,485 and cap cost is $37,868
- 18K miles/year, reducing residual amounts by $600 (3000 miles/year x 2 years x .10/mile)
- No fees rolled in to the cap cost
- No cap cost reduction
 
The monthly payments, before tax, work out to be:
- RDX: $545.66
- EX35: $529.68
 
Umm...fricking WOW!!
#45 of 393
Re: March lease numbers... [jagoo] by qbrozen
Mar 11, 2008 (11:42 am)
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Replying to: jagoo (Mar 10, 2008 4:06 pm)

Congratulations, but the dealer was not doing you any favors. The incentive was $2000. They only passed $500 to you.
 
I beg to differ. The dealer DID do a favor because they didn't have to pass on a single dime.
#46 of 393
Re: March lease numbers... [qbrozen] by jagoo
Mar 11, 2008 (5:11 pm)
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Replying to: qbrozen (Mar 11, 2008 11:42 am)

Yes, to the extent that he did not know about it, they did him a favor. But I would have checked on edmunds before shopping and required that the whole incentive be applied in my favor.
#47 of 393
Re: March lease numbers... [jagoo] by jjthecat
Mar 11, 2008 (7:47 pm)
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Replying to: jagoo (Mar 11, 2008 5:11 pm)

Quick questions: 1.By incentive, do you mean the $ that the car company is offering to buyers and is this if you only buy the car not lease? 2.Is this the same when a sales guy tells me customer cash? 3.Does the Infiniti stitching come on the seats for every EX35 or is it extra? I couldn't find it on the site, unless I am blind. 4.I know cars can have better offers when they aren't selling and sitting on lots, but do the deals dealer's offer fluctuate monthly or weekly? For example, could I get a price and then a week later it be different? 5. Lastly, if I go to a dealer by my house and then go to one 30 mins away, will the price be the same? Thanks for all the help. jjthecat
#48 of 393
Re: March lease numbers... [jjthecat] by waltaz
Mar 11, 2008 (8:06 pm)
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Replying to: jjthecat (Mar 11, 2008 7:47 pm)

1. Yes, or cash to dealers. Either way, it reduces the dealer's cost on the vehicle, so you can get a lower price. Some incentive are only if you buy, others are only if you lease...depends.
2. Again, could be a customer cash rebate, or manufacturer to dealer cash, or "marketing support" - it all reduces the cost of the vehicle, and should be able to ask for - and get - it all.
3. Yes
4. The incentives fluctuate by month, so a cash incentive may disappear, and your price could go up. Or they could increase the incentive, and your good price one month becomes not so good the next month.
5. The deals will vary, sometimes greatly, by each dealer.
#49 of 393
Re: March lease numbers... [jagoo] by qbrozen
Mar 12, 2008 (7:47 am)
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Replying to: jagoo (Mar 11, 2008 5:11 pm)

But I would have checked on edmunds before shopping and required that the whole incentive be applied in my favor.
 
You could try, but they don't have to help you out at all. As the buyer stated, he bought the day before the incentive was available. The dealer actually HAD to rewrite the contract to give an extra $500 back but to also change the date of the contract so that they COULD get the incentive. Secondly, it is a factory-to-dealer incentive. They are under no obligation to share any of it with any customer.
 
At the same time, the dealer was helping themselves to an extra $1500 by doing this. So, yes, if I was the buyer, I probably would have held out for more. At least split it down the middle so it benefits both parties.
#50 of 393
Re: March lease numbers... [qbrozen] by healeysandjags
Mar 12, 2008 (1:28 pm)
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Replying to: qbrozen (Mar 12, 2008 7:47 am)

I am the perfect example of what not to do when buying a car. I went to the Infinity dealer hoping to snag a G37 Coupe. But the Coupe did not suit me and it was purely by accident that I ended up test driving the EX35, since a vehicle like this was not even on my radar. So I did not do my homework on the car. I didn't have the invoice amount and had no idea if it was a car that the dealers were anxious to move. I did however land on the floor on the last day of the month, which I suppose helped in the negotiation. I was there almost 5 hours, driving cars, working numbers and hanging out. When the sales manager told me that there wasn't any more room to move and there was a total of $700 left on the table for the dealer, I figured I'd done as well as I could. I received a call the next day telling me they were re-writing the deal to credit me another $500 due to the factory incentive. Frankly I don't care if the dealer kept 2/3 of the incentive. He didn't have to do this for me at all.
 
As an addendum - 4 days later I brought the car back to the dealer with a 10" windshield crack caused by a microscopic but deadly freeway pebble. I couldn't even see the mark made by the rock so I insisted the dealer replace the windshield as defective. After careful re-examination, there was in fact a chip, albeit nearly invisible, that did the deed. This is of course not a warranty item and is an insurance claim under my Comprehensive. It would have been painfully expensive as my deductible is very high. Anyway, the next day the dealership called and told me that the sales department and the service department were going to split the cost of the repair and it wouldn't cost me a dime. Wow! Since that is a $1500 repair I figure I ended up with the lion's share of that incentive after all :>)
Infinity customer service rocks!
Coop

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