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Infiniti G37 Lease Questions

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Comments

  • alcast082alcast082 Posts: 3
    Much appreciated, Thanks for the input. ;)
  • dcf1955dcf1955 Posts: 12
    @tennisplayer...re your general question of leasing vs buying outright:
    1) Leasing is a form of option contract whereby you have the option of putting the car back to the manufacturer at a set price, hence they are assuming all price risk. If the price is higher than what they set the residual - you buy it; if lower, you hand it back and its their problem. If you buy it outright, you assume all price risk. Think early 2000 Ford Explorer ("Exploder").
    2) Inflation is running ~2%. Borrowing at less than inflation is called positive carry. Effectively you are borrowing below 0% real interest.
    3) If you buy the car for $42k upfront, you lose out on what you could earn on that cash over the course of the loan. Very conservatively, you should be able to make more than what the current MF rate is, less inflation.

    Leasing makes sense when the MF rate (cost of money) is below inflation and the residual is high - as is here with the current G lease deals. You still have to negotiate a good selling price though.
  • Thank you for the explanation. I was able to get the 36 month rate down to $411 using a form of prepayments for 6 months thanks to my back and forth with a reputable salesperson. I'm a happy camper now and I think I'll be moving forward with the lease. Thanks again.
  • scottsdale27scottsdale27 Posts: 2
    edited July 2013
    Hi, First time poster. Looking at a G37 Sedan. The "best" deal the dealer says he has out the door with all fees is 520.11 a month for 24 months. Premium and Navigation. He has 37 units in stock. Paying cash upfront, all at once, no trade. Seems this is completely off the charts with what others are paying..... a total of $12,482.64 when other deals apear to be going in the high 10,000- low 11,000 range. I am relocating and buying from out of state so I dont have the advantage (or disadvantage) of going to the dealer.....any thoughts on where I should be? Thank you in Advance
  • kvl1027kvl1027 Posts: 17
    I have been offered $435/month out the door with only $435 due at signing and my trade free and clear on a 15K 36month lease.

    I still haven't taken this deal, because I think I can better and this deal is way better than what you have been offered. I think you should walk and tell these people where they can stick it! That is a terrible deal with the current rates and incentives.

    Buyer Beware!!!!
  • stixpixxstixpixx Posts: 10
    Carman,

    I am going to make a deal tonight on a G37 Journey/Premium. The dealer is saying they have 24 and 39 month leases. I saw in earlier posts that the July Residual, money factor for 36 months are 55% and .00033 repectively. Do you have the numbers for 39 month lease Tier1. Thank you in advance. I have used these forums for my last 3 leases.

    Rafael
  • stixpixxstixpixx Posts: 10
    Forgot to add 15,000 miles per year
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi kapkanimd. Infiniti Financial Services' July buy rate lease money factor and residual value for a 24-month lease of a 2013 G37 Sedan Journey with 12,000 miles per year are .00016 and 68% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a 2013 G37 Coupe are .00017 and 67%.

    Infiniti is currently providing a $2,500 cash incentive on leases of both of these cars.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi zzooioozz. Infiniti Financial Services' July buy rate lease money factor and residual value for a 24-month lease of a 2013 G37X Sedan with 15,000 miles per year are .00004 and 66% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00036 and 57%.

    The lease cash on this car is now $2,500.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey boone23. Infiniti hasn't published a lease program for the Q50 yet.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi 28firefighter. Infiniti Financial Services' July buy rate lease money factor and residual value for a 24-month lease of a 2013 G37X Sedan with 10,000 miles per year are .00004 and 69% for consumers who qualify for its top credit tier.

    When negotiating your deal, make sure to take advantage of the $2,500 cash incentive that is currently available on this car.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're welcome radtrax. Infiniti Financial Services' July buy rate lease money factor and residual value for a 24-month lease of a 2013 G37 Coupe AWD with 12,000 miles per year are .00033 and 68% for consumers who qualify for its top credit tier.

    There is a $2,500 cash incentive on leases of this car right now.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey Rafael. Infiniti Financial Services' July buy rate lease money factor and residual value for a 39-month lease of a 2013 G37 Sedan Journey with 15,000 miles per year are .00033 and 55% for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • whatsarezafwhatsarezaf Posts: 4
    edited July 2013
    Hi Guys,

    Can you give me MF and Residual for a 2013 G37 Convertible? I'm also curious of prices paid and any incentives that are currently available. I'd prefer 36 months unless 39 month is favorable.

    Thanks!
  • radtraxradtrax Posts: 19
    Thanks again Carman!

    I'm going to be pulling the trigger this month on either a Journey or AWD coupe (finding it more difficult than I expected to find the AWD coupe I'm wanting in Florida ;-)

    I'll be coming out of an Anniversary Edition sedan, and as such, plan take full advantage of the Loyalty Payment Waiver program - as well as the additional $1000 Loyalty Dealer Cash. I'll post up how the deal goes down for those who are following.

    Just to confirm, the numbers for an otherwise identical lease of a 2013 G37 Journey Coupe are .00017 and 67% - correct?
  • jasonftljasonftl Posts: 2
    Hey Car_man, would you have the money factor and residual on a 2013 G37 Sedan Journey 24-month lease with 15K miles per year?
  • jpark1228jpark1228 Posts: 5
    edited July 2013
    Carman,

    From your numbers, I'm looking at a 45475 MSRP G37X Sedan. I plugged in the numbers to Edmunds' Auto Lease calculator and the monthly price is way lower than I expected. Does this make sense to you?

    I plugged in:
    Vehicle Sales Price: 39000
    Title Fees: 500
    Incentives: 2500
    Down: 0
    Lease Term: 24
    Miles: 10000
    Residual Value (45375 * 0.69): 31308
    Money Factor: 0.00004
    Acq Fee: 700

    Monthly Payment: $288

    I find this hard to believe. Did I put the Sales Price too low? Is this unreal? I only got that number from the deals I've seen on this forum for a MSRP 45375 Infiniti G37X Sedan Auto.
  • jasonftljasonftl Posts: 2
    I've been interested in a G37 Journey for a while, particularly with all the incentives available now that the Q50 is scheduled for arrival on 8/5. Right now, however, I'm in month 33 of a 39-month lease on a Nissan through Nissan-Infiniti Financial Services, and I'd like to get out of it if I can. Even though Nissan and Infiniti are divisions of the same company, and I've been told that leasing a new Infiniti would entitle me to the same disposition fee/excess wear-and-tear waiver that I'd get from leasing another Nissan, I'm also being told that I don't qualify for the 3-month pull down that Infiniti is offering to previous Infiniti lessees, or the $1,000 in loyalty money. Maybe I'm being unrealistic, but you'd think that Nissan would want to do anything possible to get its loyal customers to "move up" to its more expensive marque.

    I hadn't intended to buy the car once the lease ended---the residual value is $18.2K, and the approximate trade-in value is about $17K. Right now, with the remaining lease payments, the payoff is $21K.

    This is my first lease, and I'm unfamiliar with negotiating buyouts. Any suggestions? In your experience, what can be done to mitigate the potential termination fees in a situation like this (other than just "rolling" what is owed into a new transaction). I'm willing to pay a bit more to get into a better car, but do you think I'm better off just holding on to the car I have and taking my chances on whatever lease deals Infiniti might have in six months?
  • kapkanimdkapkanimd Posts: 64
    He posted the 12k mi numbers: 2013 G37 Sedan Journey with 12,000 miles per year are .00016 and 68%

    so for 15k mi you subtract 2% from the residual (so it is 66%).. the money factor doesn't change
  • bashiqbashiq Posts: 2
    1st time poster. I'm in the market to lease a 2013 Dodge Charger SxT. I don't mind the base car, but every dealer I've been to wants to push the SXT with extra packages. Wanted to know what a good deal on the SXT would be. For a sticker price of $34,000, I've been quoted anywhere from $419 to $565, with $1,000 out of pocket. Also, can anyone tell me what the July 2013 money factor and residual rates are for SXT's. thanks
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