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Infiniti M35 / M45 Prices Paid and Buying Experience

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Comments

  • ghstudioghstudio Posts: 950
    You can lower any of the prices given to you by Inifiniti dealers by making multiple security deposits....which drops the Money Factor by .0001 per extra security payment (keep in mind that this is a "loan" which you get back at the end of the lease vs a downpayment which you don't get back and which doesn't lower your money factor at all). Make sure you ask about multiple security deposits and if they (claim to ) know nothing about them, ask for the finance manager. If they still claim there is no such thing, walk out.
  • I was just offered a lease rate on a 2008 M35 w/tech package of $630 per month for 36 months nothing down - $0. The dealer also says there in window tint and wheel locks included - for what ever that's worth. This seems pretty good to me, but I broke the cardinal Rule and deviated my negotiation from the purchase price & interest rate to the monthly payment. What do you all think about this deal?
  • I was offered $0 down $528 a month for a 39 month, 10,000 a year lease.

    Total due at signing was $3576, which included first month payment, tax, bank fee and destination charge.

    Tax for me was around $1500.
  • ghstudioghstudio Posts: 950
    bank fee and destination charges should be rolled into the lease. Otherwise, they are just giving you a fancy explaination of a down payment. Don't do it. The only things you should pay up front are registration fees, any state required taxes...and, of course, the first months lease payment.
  • ghstudioghstudio Posts: 950
    get your eye back on the total cost. This doesn't sound like a great deal to me. What is the capitalized cost (there are incentives right now...check edmunds). What's the interest rate? what's the residual?

    I think you might find the 24 month lease is, once again, the cheapest way to drive this car.....have your dealer run all the cases....don't focus on monthly payments.
  • I left out that the lease was for 12,000mi/yr. (MSRP is 47,815) I was told the residual was 52% with .00152 MF. I was initially quoted 44,700 included the $1,000 incentive with bank fees of $754 (no taxes) and got a quote for $693. After that offer the conversation went to the payment, which dropped to $659, then to $630. I do not put down anything at all - first payment is a month later.

    Not sure if more was taken off the car or the residual was increased. 52% seemed very low to me.

    I don't know how these numbers were arrived upon, but I will before I sign.

    I would welcome comment. Thanks to all for their feedback. I'll provide details if/when I do the deal.
  • finadvfinadv Posts: 59
    Does anyone know what you need to show to qualify for the $1,000? I'm trying to sell my car privately so I don't get ripped off on the trade in. If I sell it before I buy the M35X, will I then not qualify for the $1,000? Do you need to show a valid title, reg or do you just get the $1,000 no matter what? Anyone have any experience on this?

    Thanks!!
  • red_emronred_emron Posts: 10
    Show a copy of a current registration, they (the dealer & the factory) have no idea if you right that minute own the car. All they need is the registration to cover their (you know what) BTW I got $625@39 months with 15000 miles ayear in Atlanta on my M35X. I showed my my registration and got the $1000.
    I live in Knoxville Tennessee by the way, Well worth the drive to Atlanta

    Infiniti of Gwinnett is northeast of Atlanta an hour & half from South Carolina line

    I got their name from another forum with great results
    I did everything over the internet/phone :)
  • cdreiercdreier Posts: 9
    I have a question. If you live in a neighboring state and buy in Atlanta, must you pay the Georgia's state tax, or can you pay the state tax for where you live and where the car will be registered - the tax is substantially less(South Carolina)? Thanks.
  • My only experience on this topic is when I bought my Harley Davidson Fatboy motorcycle in Oklahoma ( I live in Dallas). I was not charged sales tax in OK, but had to pay Texas' sales tax when I registered for tags. Not sure if this varies by state, I am sure the dealership will tell you though.

    Another oddity was that OK law wouldn't allow me to charge the vehicle purchase on a credit card, so I had to write a check. I know this was not a dealership decision.
  • clpurnellclpurnell Posts: 1,087
    Bought an '07 M35 Base with 19k miles on it for 30,998 +TTL also got about an extra 2 grand on my trade. Pretty happy with the deal.
  • smokin1smokin1 Posts: 2
    I'm getting mixed messages from different dealers. Can I put either the 19" Infiniti Sport Wheels or 19" custom wheels on an AWD M??
  • clpurnellclpurnell Posts: 1,087
    I went to the tire shop and saw a 2006 M35X being equipped with 22" wheels so I don't think the 19's will be a problem
  • smokin1smokin1 Posts: 2
    Thanks for your response. I called the Infiniti parts manager in Florida who told my Ebay seller that the Mx (AWD) couldn't take 19" or larger wheels. He said that the "official" Infiniti engineering word is that the car might not perform exactly as designed.....not that the wheels would not work. I wish I had received that word in the beginning. Now you confirm that 22" wheels work...so why not 19"s? :confuse:
  • fjd3fjd3 Posts: 2
    just bought a new '08 M45X with Tech. Paid $52,043 (invoice -$1,000 for conquest program). financed purchase through infiniti at 1.9%. felt like i did really well until I got to signing docs when they offered prepaid maintenance package. I know better. against my better judgement, bought their premium maintenance package for $2,200. Covers all regular maintenace over 4 years, 60K miles. Supposedly, the normal cost is $2700, gave it to me at their cost. In addition, if you follow infiniti's recommended maintenace schedule over 60k miles, it will cost $4,000. seemed to make sense, now I am having a bit of buyer's remorse (at least i was able to finance it--1.9% is pratically free money). thoughts on price and prepaid maintenance? thanks guys. fjd
  • ghstudioghstudio Posts: 950
    If you follow the recommended maintenance at your dealer, you probably got an OK buy. Personally, I refuse to pay for all the "inspections" that are included in the "standard" service packages...and I do what is needed. I do get the oil changed/lube at the dealer because the non dealers miss lube points....and I look over the "standard" mileage based package to see if there is something I really should do. I never never never put in additives...I even went so far once to make the dealer drain and refill the oil before I took the car because he put in an additive I didn't want.

    I do rotate and rebalance my tires...making sure they tighten them by hand...I've had too many rotors bent by power drivers. I don't care what they tell you, no tire shop I"ve ever seen actually tests their nut drivers....very few even know how. Alignments when needed. And I will do an alignment if I see uneven tire wear or feel the car pulling (could be brakes...l get both checked).

    This approach to maintenance costs me a lot less. For the most part, all these cars really need is changing the oil and lubrication, keeping an eye on things like belts/noises and taking some care of the tires. I have never changed brake fluid, radiator fluid, steering fluid in my life....but then again I never keep a car over 60K miles where you might think about doing all that stuff once...and you're into changing the timing chain type of stuff.
  • chemichaelchemichael Posts: 2
    I am looking at purchasing a 2008 M35 with the basic technology package. trying to get an idea what people have paid (excluding tax, tag, fees, etc). Thanks in advance.
  • ghstudioghstudio Posts: 950
    Infiniti has a "conquest" program going on thru next month where they will give you $1000 to apply to the lease or purchase of an M...($2000 if you already own an infiniti). You should be able to do a deal at very close to invoice (non infiniti owner), or well under invoice for an infiniti owner.
  • ram60ram60 Posts: 20
    All,

    I have seen questions about the Multiple Security Deposit and whether it is returned if a car is totaled. The answer is yes. To make a long story short, I cracked up an 06 M45 sport Tech in the final two months of a 24 mth lease.
    The Insuranced totaled it and I am just finished dealing with IFS. While a painful, unpleasent process, they did return the 2 security deposits that I had used to buy down the Money Factor. ( ghstudio - I thought of you and thanked you out loud for keeping me from buying down the cap cost to get a lower monthly payment)

    Question:

    Do we have the money factor and Residual value for 24, 36,39 mths on the 08 M35 and M45 sport sedans? I looked but don't seem to find them.

    Thanks for your help.... This is a great forum

    Cheers,
  • blov8rblov8r Posts: 567
    I'm at the tail end of my M35 lease and this time am going to buy, not lease. I like change and therefore have driven just about everything out there ... but keep coming back to another M35. I can't find "invoice" anywhere on line so I'm flying semi-blind in my negotiations. I also cannot get a clear answer about the application of the $2K loyalty money. Does that apply only to leases, or is it another $2K that I will receive off negotiated sales/purchase price? I believe it is applicable to both but the local dealer doesn't speak in simple declarative sentences. In all likelihood I will have to make my purchase in Phoenix where there are several Infiniti dealers ... v. only one here in Tucson.

    Thanks for the help.

    Bart :shades:
  • kyfdxkyfdx Posts: 28,719

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • djdezdjdez Posts: 75
    About that $2000 loyalty - I also can't seem to get a straight answer. ALL of the dealers in my area are saying it's good on a purchase ONLY. My lease on my M35x ends next month and dealers have been scrambling to get me to close on a G35x or EX35 this month. I was just about there, but I think I'll wait, rather than make a payment on a car I'll no longer have.

    I kinda crossed the M off the list because it will be at least $100 MORE per month to lease than my payment now - unless of course, something drastic happens in June.

    But if anyone can clarify the whole $2000 loyalty thing, I'd really appreciate it!
  • ram60ram60 Posts: 20
    The $2,000 Loyality can be used for a lease or a purchase. I leased an 0 M35 sport / tech/ advanced tech three days ago. The dealer applied the 2,000 to reduce the cap cost and I walked out paying down only the first month and the taxes on the 2000 rebate.

    For reference my monthly note is 625.00

    The increase you are experiencing is all about the 61% residual ( down from 65% a few years back). Good Luck!
  • walt18walt18 Posts: 54
    How much do you think I can get a fully loaded 2009 M45 premium package RWD for cash money under invoice? If the price is the same as the 2008 M45 premium RWD. MSRP is $61,270 don't know the invoice.
  • ghstudioghstudio Posts: 950
    Why do you think you'll be able to buy an 09 M for less than invoice? The deals now are on the 08's to get them off the lots. The 09's will sell for normal over invoice prices for a while...at least until the 08's are gone.
  • blov8rblov8r Posts: 567
    chemichael: I just bought that very car yesterday. Using the $2K loyalty money I got it for $1,500 below invoice, or $500 above invoice before the $2K. That includes full window tinting (essential here in AZ) which is a $250 - $300 add-on. It happens to have been the last day of the month and two hours before closing time with no customers in sight. Whether that helped squeeze the price down ... or was simply coincidental ... I can't opine.

    Hope that helps.

    Bart :) :shades:
  • walt18walt18 Posts: 54
    I was just wondering. Thanks for the input.
  • blov8rblov8r Posts: 567
    I picked up my '08 M Monday ... when my '06 went off lease. I believe the A/C to be materially better than the '06. I didn't get the sport this time and am pleased with the softer and more quiet ride. Overall ... I'm a great fan of the M in all iterations. Bart :shades:
  • madradmadrad Posts: 24
    Can you give details about list price, price paid and any other financial details...many thanks.
  • blov8rblov8r Posts: 567
    msrp was 47,800-ish and invoice was 43,400-ish. I don't have the precise numbers but these are pretty near exact. Bart :shades:

    BTW: They've deleted the ability to control the radio and A/C with voice commands. Strikes me as stoooopid, but not a big deal.
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