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Infiniti G37 Lease Questions

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Comments

  • iwantg37iwantg37 Posts: 4
    12k miles 24 month lease. The drive off included 1st month payment, acquisition fee, dmv, etc.....I did get another offer from another dealership same terms and two free oil changes. Didn't take that since it was about 40 miles away.
  • summerhunny11summerhunny11 Posts: 1
    edited June 2013
    I JUST LEASED FOR MY FIRST TIME. FIRST TIME INFINITI DRIVER LEASED IN CA.

    G37 WITH SPORT, NAV, PREMIUM, KICK PLATES, ETC
    BLK/BLK

    MSRP $46,500
    SELLING PRICE/CAP $39,100
    DRIVE OFF $2500 INCLUDING 1ST MONTH (OUT OF MY TRADE)
    GETTING $1800 BACK IN THE MAIL FROM MY TRADE
    RESIDUAL VALUE 56%
    MONEY FACTOR .0001
    LEASE PAYMENTS $395 INCLUDING GAP
    12000 MILES
    39 MONTHS

    FIRST TIME NEGOTIATING ON MY OWN! HOPE I DID OK. I LOVE LOVE LOVE THE CAR!
  • mcabreramcabrera Posts: 6
    Went to the dealer today and this is the quote that I am considering. Is this a great, good or average deal?

    G37 Journey RWD
    Nav, Sport, Premium, Splash Guards/Trunk Mat/Illuminated Sill Plates
    MSRP $45,500
    Selling Price $38,596
    24 month / 10k per year
    Residual 69%
    MF 0.00015

    First payment of $299 plus tax, Doc Fee of $998, Cash down of $1,061, plus sales tax of $124 equals total due at signing of $2,500 and 23 payments of $299 + tax per month. I'll have to pay for the DMV for a new tag also (they say it will be approximately $300.)

    Is the current Residual for 24 months and 10K miles per year 69% or 70%?

    Also, I am considering in depositing upto six (6) months of security deposit to further reduce my monthly payment, only if it makes financial sense since my MF is already quite competitively low.
  • kyfdxkyfdx Posts: 27,652
    Doc Fee of $998

    :surprise: I think that might be the highest doc fee I've ever heard of...
    What state do you live in?

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • I'm feeling a bit invisible here guys, would appreciate someone commenting on my question.

    Thanks!
  • mcabreramcabrera Posts: 6
    State of Florida! What amount is considered reasonable?

    What other part of the deal should I try to further negotiate?
  • I suspect that no one has commented because your message is unclear. Coupe or sedan? MSRP and selling price on new car? Residual?
  • Hi All,

    I have a deal on the table for a new G37 Sedan. PLEASE let me know how i'm doing. I feel like I can do better - but would like your expertise on exactly how to go about getting this accomplished. Any help will be greatly appreciated.

    Below are the details:

    2013 G37 Premium pkg
    MSRP $41,800
    Net Cap Cost $35,209
    24 Month
    12K Miles
    MF = .00016
    Residual .68%
    Monthly Payment: 347.53
  • kapkanimdkapkanimd Posts: 64
    Not sure if that is including tax or not, nor do I know what your tax rate is, but that seems a bit high given the $2,500 rebate. Right now I have a deal worked out for a premium + nav with MSRP $42,805 ($36,333 after adding in fees and subtracting discount and rebate). Pretax $312, with FL tax (7%) $333
  • Hi Kapkanimd,

    Thanks for your response. What is the 2500 rebate!?

    To answer your questions: This is inclusive of tax (FL - 6%). The $2500 rebate would be amazing and bring the price down to what i'm looking for. Can you provide details for the rebate? How did you find it?
  • kapkanimdkapkanimd Posts: 64
    edited June 2013
    Chances are if the quote you posted came from the dealer they are already including that in your deal. So it just comes to bringing it up that you know about it and you want a lower price on the car. Here is the link to incentives: It is the second one down under other/marketing support.

    http://www.edmunds.com/infiniti/g-sedan/2013/car-incentives.html?style=200437359- - &irr_section=marketing_support_irr

    good luck
  • It isn't included! Thank you so much!! This will bring my payment down a great deal. You're a godsend! :) :shades:
  • davenotizedavenotize Posts: 10
    I dont think thats right for a doc. Fee i just leased a g37 for $350 0 out pocket. I highly suggest not putting $2500 out of pocket especially now that the new infiniti is coming out. You should go first month or maybe $1000 IF they give you a really hard time.
  • I have a deal sitting in front of me for a 2013 G37x Sedan, $0 down except for first month's payment. This also includes IFS buying out 3 months of my lease and the dealer cutting me a check for $1300 for the other 4 months since I have seven months remaining. Ya or nay on this deal?


    MSRP $46,160
    Selling Price $40,932
    Net Cap Cost $41,032
    24 Month
    10,000 Miles Per Year
    MF = 0.00031
    Residual 70%
    Monthly Payment: $398 (tax inclusive)

    I think I included everything you guys need to evaluate the deal, if I missed something let me know.

    I have countered with asking them to lower it to $383.
  • Update: I got a deal for 500 out of pocket, 326/month - 12K Miles. Infiniti G37 Premium pkg.
  • mcabreramcabrera Posts: 6
    Thanks davenotize!
  • mcabreramcabrera Posts: 6
    Thanks for the help on this forum everyone. This was the deal that I agreed upon to secure this lease. I was able to get the car discounted by almost $7,500. I wasn't happy with the DOC fee, but I think I made up for it on other parts of the deal.

    Bottom line for me was that I was able to get this vehicle for 24 payments totaling $7,453.20 (inclusive of tax) and upfront cost of $2,500, totaling my out of pocket cost to $9,953.20.

    I probably would of done a little better if I settled for just a premium package G37, but for the difference in price, I thought this was a better deal.

    G37S Journey RWD
    Nav, Sport, Premium, Tech, Interior Pkgs & Trunk Mat/Illuminated Sill Plates
    MSRP $47,165
    Selling Price $39,726.78
    24 month / 12k per year
    Residual 68%
    MF 0.00001 (Reduced MF with placing a one month security deposit)

    First payment of $292.97 plus tax, Doc Fee of $899, Cash down of $1,500. Total due at signing of $2,500 and 23 payments of $292.97 + tax per month.

    Hope this post can allow others to get more out of their deals. I'm sure it's possible. Thanks again!
  • kingpcgeekkingpcgeek Posts: 985
    I just don't understand why at essentially a 0% interest rate you would pay any money out of pocket. Roll everything including the first month's payment into the deal.

    I am going to take a wild stab and say you are in Florida with that outrageous doc fee?
  • They said this is the best they could do and wouldn't go any lower.

    Again, asking for your thoughts guys.

    Thanks!
  • cdubbs89cdubbs89 Posts: 2
    edited June 2013
    I know I want either a G37xS sedan or coupe and am pretty sure the most economical way going about it is to lease the car. Unfortunately I have no idea where to begin even when walking into a dealer, its something that I have never done. I would love to get an idea of where to start price wise and how to go about working out a deal.
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