Last post on Jun 13, 2012 at 9:24 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Infiniti M37, Car Buying, Car Leasing, Sedan
#162 of 239 My Final Deal
Sep 07, 2010 (9:13 pm)
Platinum Graphite exterior
$50,500 My cost ($1,225 below Invoice)
+ 595 Lease Acquistion Fee
+ 45 Doc Fee
$51,140 Total Cap Cost
$1,329 Drive off (first payment + CA DMV fees)
39 payments of $659.71 (includes 9% local sales tax)
There were no incentives (I brought my 09 Maxima back off lease early and Nissan forgave the two payments that were left, and cut me $500 slack on excess wear). This deal was not considered eligible for the Loyalty rebate (has to be Infiniti to Infiniti).
The dealer also installed a trunk mat and cargo net, which were not originally included, at no cost.
This is an absolutely gorgeous car! I put 250 miles on it in the first two days...
#163 of 239 Re: September Incentives [all4yall]
Sep 18, 2010 (2:09 pm)
Nope - incentives basically the same.
M37 or M56: 1.9 for up to 66 months or 2.9% for 72.
$1000 Loyalty Rebate IF you have an Infiniti AND IF you lease.
#164 of 239 Spetember deal
Sep 20, 2010 (9:21 am)
I am looking at M37 Prem + Touring + a few things - MSRP 56,785. The interesting part is the ext color is obsidian black with Java interior that is not available with touring packaged according to Infiniti site. Anyway, I am comparing 36 vs 39 months leases - 60/.00148 vs 59/.00156 in NJ. I am offered a 1K below invoice price on the car before the loyalty, which I have as well. Car_man could you confirm the running Sept residual/money factor numbers and recommend how loyalty should be applied in this case?
#165 of 239 Re: Spetember deal [vsipen]
Sep 20, 2010 (7:30 pm)
I am not far from NJ in PA. Which dealer gave you $1,000 under invoice? Also, can you share how easy it was to come to this price? Like you, I would be coming from an Infiniti, so I would qualify for the $1,000 lease offer. Thanks in advance for any information you can provide.
Oct 16, 2010 (4:36 am)
ZAG/USAA has M37/56 pricing back up today. $1,100 under Invoice. The price keeps dropping. The 2011 BMW 5 series pricing is dropping too, BMW is $400 over invoice. FYO to all shopping..you may be able to do better..but start there. I'm getting close to my comfort zone now. The BMW dealer in Atlanta area told me he would order the car with whatever I want for $400 over invoice too.
Here is the new info from ZAG/USAA after I received my price:
You are protected at the dealership when you decide to buy a model with different options. Just ask to see the vehicle's invoice price to calculate the purchase price.
• If you choose additional options, your price relative to Invoice will not change. Additional options are priced at the Invoice Price - not MSRP, so your selling price may change but not your price relative to Invoice.
• Your Certified Dealer must offer all available incentives off the Invoice price. Your Price includes destination and all other manufacturer fees plus applicable incentives.
• Your price does not include dealer documentation (processing), tax, DMV, registration, title, license, other government fees, or dealer installed accessories.
#167 of 239 MSD and Gap Insurance
Oct 16, 2010 (8:03 am)
Considering an M37x lease. I've read that one risk of putting a lot of money down is that if the car is stolen or totaled, the down payment is lost. However, I still want to reduce my monthly payments as much as possible, so I'm considering MSD. Can anyone confirm with certainty whether the MSD is returned in full if the car is lost or stolen? Is it iron-clad guaranteed in the IFS lease contract?
#168 of 239 Re: MSD and Gap Insurance [xruined901]
Oct 18, 2010 (4:41 pm)
You will save money with MSD's over down payments so you should do it irrespective of whether you get the money back. However, MSD is a security deposit....so read the infiniti contract and see how security deposits are handled in case of a complete loss.
My belief is that they are refunded...and I take maximum MSD's on every lease. Will I guarantee you that you'll get your money back...no way. If you want a guarantee...take it to your lawyer.
#169 of 239 Re: MSD and Gap Insurance [ghstudio]
Oct 18, 2010 (8:01 pm)
I wouldn't necessarily do it or recommended it irrespective of whether you get the money back, that's an important consideration as it's a lot of money to put at risk. I don't have an infiniti lease contract handy and not about to take it to a lawyer...the post here is intended to see if anyone has any prior experience or knowledge with the issue.
#170 of 239 Finally pulled the trigger yesterday!
Oct 19, 2010 (5:12 am)
Thanks to the post here who help with my decision. I just purchased the M56 over the BMW 550i. Tough decision but M56 won with Infiniti's reliability record and larger back seat room. Both cars are great. I ended up purchasing at my Infiniti dealer closest to my house (Atlanta Metro Area). I'm a USAA member but they do not participate. However, they match the deal without a fuss. I was a little concerned because they caved so quickly and may have been able to get a better deal.
Here is my deal:
Savings off MSRP: $6,757 or $1,100 BELOW invoice
2011 Infiniti M56
Black Obsidian Exterior
Graphite Leather Interior
Painted Splash Guards
You all should get 1,100 off invoice or better. M37 is the same deal ($1,100 under invoice). If not, you are not getting the best deal. Good Luck to all! I pick up car Wednesday morning. They had to find my car w/specs at another dealer . They were going to order it, but found one last night. Thanks again to all that helped me. Hope this helps you. M37 is the same deal ($1,100 under invoice). They also gave me $25,500 trade on my 2007 M45 Sport. I decided to finance the balance at 1.9% with Infiniti instead of lease. Plus the $1,785 savings in sales tax on trade, no acquisition fee, no disposition fee, no security deposits. BMW would have been a lease for sure, but Infiniti reliability made the decision easy. I had no issues ever with my Old M45.
The lease I was going to do was looking like this with Multiple Security Deposits
MSD Lease 2011 Infiniti M57
$762.05 per month (includes sales 7% tax)
$7,620.50 down ($6,858.45 is fully refundable 9 security deposits - disposition fee)
Acquisition Fee, Doc Fee, and DMV fees included in price
$25,500 cash back for M45 trade
It was $890.66 per month and $1,781.32 down ($890.66 is fully refundable - disposition fee) without MSD.
#171 of 239 Re: Finally pulled the trigger yesterday! [scottw58]
Oct 19, 2010 (7:02 pm)
Scott, your deal is motivating. I knew this under invoice day would come for the 2011 M but did not realize it would be this soon. What dealer in Atlanta did you buy from?
Also, did you trade in your car because it was less of a hassle than selling it? I would think that with a little effort you would have done much better (even with the sales tax benefit) if you had sold it yourself. For me, Cars.com was a very productive and profitable way to sell my last two cars.
I love your exterior and interior color combination...that would be mine, though I am considering an M37. Why no spoiler? Have not seen too many who have chosen the spoiler, but I think it looks nice.