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Infiniti M35/M45 Lease Is Up - What Now?

60 messages,  Last post on Jun 23, 2009 at 10:29 AM

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

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#31 of 60 Need end-of-lease advice 2006 M35x by dsa1 Oct 14, 2008 (4:38 pm)
My 2006 M35x lease expires end of November. It has (or will have) about 42,000 miles on it at the end of a 39 month, no money down 15k miles/yr. lease (at around $800/mo.) I know I didn't use all the "leased" miles. Tech and Journey package. Residual buyout price is 26,400. It has been a very good auto, and I would consider buying it (I really like the orange gauges, and not the new bluish ones), but that residual seems way high. I will be dealing directly with the leasing bank, which was not through Infiniti. What would make this a good buy? Or should I just chuck it and go for a 2009, and if so, how attractive are current lease deals? Thanks for the help. Replies to this message: david2u (Oct 15, 2008 3:51 am) 55396 (Apr 16, 2009 8:02 am)
#32 of 60 Re: Need end-of-lease advice 2006 M35x [dsa1] by david2u Oct 15, 2008 (3:51 am)
Replying to: dsa1 (Oct 14, 2008 4:38 pm) My lease was 590.00 per month, 12k per year, but had no nav or tech.   I spoke with the dealer on Sunday and he quoted me for a new M35X, no nav or tech, 12k per year, 515.00 with no money down. (or 460.00 a month with everything up front).   He also told me that the car I turned in that had a residual of about 27,000, we can buy that car at the auction for about 20,000.   He said that Infiniti is giving 5500.00 off the car if I had wanted to buy it but since your car isn't leased thru Infiniti, i'm not sure if that applies to you.   With the new lease programs being so favorable right now, I would just lease a brand new one.
#33 of 60 Re: 2006 M35X lease is up soon [ewl88] by 55396 Oct 22, 2008 (11:55 am)
Replying to: ewl88 (Apr 05, 2008 7:53 pm) "Aside from 2 tires getting worn ahead of their time (my brother with a m35x also required 4 tires replaced by his dealer- ?rack problem)"   Hmmmmmmm, didn't they have a similar problem with the 350Z?
#34 of 60 Purchase cost for 2006 M45 at end of lease? by radu2 Mar 04, 2009 (9:16 am)
My lease on a 2006 M45 Sport (Journey, Technology, and Advance Technology Packages) is due at the end of April. I'm thinking about purchasing the car at the end of the lease and was wondering what price should I shoot for? The lease was for 36 month 15000 miles and I will be right at the allowed milleage (44,000.00 - 45,000.00). The car has every option other than the rear entertainment package. The original MSRP was $58,000.00, however I negotiated the price down to $53,000.00. The residual is $33,000.00, however in checking prices all 2006 are going for less than the residuals. I was thinking about shooting for $24,000.00. I heard someone mention that you could even go lower. Has anybody else purcahsed an M45 recently after their lease has ended?   Thank you Replies to this message: shmang (Mar 04, 2009 1:22 pm)
#35 of 60 Purchase cost for 2006 M45 at end of lease? by 55396 Mar 04, 2009 (9:49 am)
"My lease on a 2006 M45 ) is due "   One method I use to check what the market is willing to pay is to do an Advanced Search on ebay for Completed listings only. There, you will see what didn't make reserve and which items sold.   BTW, what gas mileage does your M45 get? I considered one after the good reviews, but the mileage on them seemed pretty bad compared tp 28-31 with my Avalon. Replies to this message: radu2 (Mar 04, 2009 11:02 am)
#36 of 60 Re: Purchase cost for 2006 M45 at end of lease? [55396] by radu2 Mar 04, 2009 (11:02 am)
Replying to: 55396 (Mar 04, 2009 9:49 am) I drive mostly city streets and I get around 18. On long freway trips I get about 23. Not the greatest, but otherwise I love the car. Other than some issue with XM radio making some weird reverb noise lately, the car has been trouble free.
#37 of 60 Re: Purchase cost for 2006 M45 at end of lease? [radu2] by shmang Mar 04, 2009 (1:22 pm)
Replying to: radu2 (Mar 04, 2009 9:16 am) If I were you, I won't even bother negotiating, since Infiniti financing will not give you a price near as low (compare the market). Ture, they will lose money even you returen the car and they sell it off of an auction - unless your car is in top condition and they will re-sell it as CPO car at the dealership.   It makes sense to just return the car and look for another one that is on sale (maybe a 2007 or 2008 if you prefer).
#38 of 60 What to replace the M45 with? by dexinsd Mar 09, 2009 (6:40 pm)
My 3 year lease is up on my 2006 M45 (Sport, Tech, Adv Tech, Aero). I love the car, but the new Infiniti leases really suck -- 46% residual on a M35 (Sport, Tech, 36 mo/12k mi) lease. I can actually get a 535i with Premium, Sport, Nav for the same money than the M35 (because the residual is 60%)!! Would anyone pass on a 535i under these circumstances? The Infiniti clearly has more bells and whistles (rear cam, better nav, music box) but . . . . .
#39 of 60 by ghstudio Mar 09, 2009 (7:51 pm)
I would lease the BMW in an instant. The only reason I'm driving an M instead of a BMW is that BMW had a lousy lease at the time.
#40 of 60 Residuals by art234 Mar 10, 2009 (4:50 am)
Residuals for the most part with Nissan/Infiniti are fiction. My M35X is up in August--I would gladly give it back NOW. The residual value on my lease is $27K. The car TODAY is worth about $16K.   Infiniti had 6 chances to fix the vibration issue in my car which still is not fixed. They offered me a financial reimbursement which they have yet to pay off on. They would rather take the car back and lose their shirt at auction than give the lessee right of first refusal at adjusted prices.   I also find it quite interesting that only Infiniti is sitting on a large quantity of 2008 cars in inventory--much more than any other brand (luxury). I believe they delayed the 2009 intro until the number was down (Dec-Jan time frame?)...so that tells you the brand is struggling.   To the poster considering a BMW, JUMP on it. Me? I am waiting for the newest Lexus hybrids to come out in the summer time....but I am also going to take a hard look at the new Acura TL--SHAWD...it's amazing.   Good luck. Replies to this message: barryend (Mar 14, 2009 1:32 pm) david2u (Mar 14, 2009 1:42 pm)

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