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Sedans Infiniti M35/M45 Infiniti M35/M45 Lease Is Up - What Now?
60 messages, Last post on Jun 23, 2009 at 10:29 AM
You are in the Infiniti M35/M45 Forum. Your Hosts are pat & karens
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Replying to: ghstudio (Apr 05, 2008 4:06 pm)  Bart
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Replying to: blov8r (Apr 28, 2008 6:39 am) |
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I have a M45 coming off lease in June that I did a 21 month lease on at a very good residual of 76%. The new lease residuals for 24 months are at a 64% residual and the money factor is nothing to shout about. In the end it is all about dollars to me. Having leased 3 previous BMW's I decided to talk to them again. While the styling leaves something to be desired in the minds of many, I can live with it for for what they are offering on leases. I ordered a 535I with sport, premium, cold weather, premium stereo, park distance sensor and fold down rear seats. The residual was 73% and the money factor of .021 In addition to a very reasonable discount off msrp. As much as I enjoyed my m45 it was time to move on and enjoy the better mileage of the BMW at a smaller lease cost.
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Replying to: gjonesmi (Apr 29, 2008 12:24 pm)
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Replying to: ltcadviser (Jun 18, 2008 7:35 pm) Look at the Lexus GS. I hate my 535xi. |
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Option is to purchase M35 with Journey/Tech/Sirius for $30,413 + $150 purchase (air) fee. Car has 20K miles after 24 month lease and is in great shape. I will have to pay a $140 "rim repair" fee if I turn in the vehicle walk away, and will likely have to replace tires soon if I purchase the vehicle. I had no intention of buying the vehicle until I started looking at '06 Lexus', BMW's and Audi's. What considerations should I have in purchasing at the end of a lease, as I have never done that before? Thank you.
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Replying to: logs1 (Jul 28, 2008 12:03 pm) My experience was that when my M35 lease expired last month, I leased a new M35 with the same option packages for $4 more per month on another 24 mo lease. ($2000 conquest cash with 2 MSD's) so no reason to buy the old car. Reasons to upgrade: 1) A/C is much improved - you could freeze meat in the car 2) XM standard plus harddisk memory of CD's 3) Car runs smoother and tighter (can't explain this..maybe it's just new) 4) Passenger seat now fully adjusts (the 06 seat was just awful) 5) White lettering on guages is much more readible 6) voice commands are trainable (good if you have an accent) 7) Same voice now gives commands and street names. 8) Bluetooth seems improved...of course there was a dealer update for the 06's but this seems even better. the only disadvantage is that voice commands have been significantly reduced and there are some extra steps setting up navigation. No change: 1) Many times the gas nozzle still cuts off before the car is close to full 2) gas mileage unchanged (but now you only get a graph rather than actual numbers so maybe you feel better) 3) navigation input severely crippled when the car is moving - you still have to do the nav hack |
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Last month I turned in my 2006 M35X. It had 27,000 on it when it was returned. There wasn't a mark on the car except for 3 wheels that were scratched. ( I don't know of anyone that doesn't have scratches on their wheels here in NY). I didn't have the chance to get it "pre-inspected" so I called the dealer and they told me, "no problem, we'll get it taken care of for you". That was a mistake!! I received a bill,(over 1,000.00) from Infiniti charging me for all sorts of damage that was not on the car when I returned it! I took pictures of the car, at the dealership, while it was being returned so I wouldn't have to go through this crap. They charged me for 3 scratched wheels  140.00 each (yes, they were scratched from the car wash). They charged me for a chip on the front left fender (wasn't there), a chip on the right rear quarter panel (wasn't there), and scratches on the lower front bumper (wasn't there). I called them up and they told me that they could do nothing since I didn't have the car pre-inspected, I waived my rights!!! I told them that I have had 7 Infiniti's and they would not budge. I spoke to the dealer and he told me that "so what if it had a chip...that's normal wear and tear". He also told me that since Infiniti is getting hammered at the auctions, they are trying to squeeze every penny they can out of the consumer. When I told Infiniti financial that I have digital pictures of the car being returned, they told me that they could not look at them...basically, "too bad". I asked to see the report and pictures from their service that did the inspection, and they told me that they don't have to release that information to me. I was waiting for the 2009 models to come out, using my son's car while he is at school, but because of this, I just leased a BMW. I won't ever deal with Infiniti/Nissan again. I guess they don't care about the customer anymore. Please be very careful when you return your car! |
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Replying to: david2u (Oct 12, 2008 9:39 am) I thought my car was pristine but the pre-inspection found all kinds of little nicks and chips. They were documented and the inspector indicated no charge for those items. When I returned the car, I asked the dealer to walk around the car and verify that there were no additional isues...using the pre-inspection form as a guide. You just asked for problems. However, Infiniti does have to show you pictures of the damage. If they don't have any pictures/proof, you will find small claims court on your side....especially since you do have pictures. Next time....find the time...that's a rediculous excuse especially when infiniti's representative will come to your home at your convenience to inspect the car.
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Replying to: david2u (Oct 12, 2008 9:39 am) You get an allowance of $1500.00
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