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2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
price 32,998
$2,500 due at signing
$368/month
36 month lease
10k miles/year
thanks
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
In short, the best way to get a good deal on a leased vehicle is to negotiate as low a selling price as possible and then have the dealer calculate your monthly payment using the model's buy rate lease money factor. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. You never mentioned what this car's MSRP or selling price are, so it is difficult to tel how much of a dealer discount you are being given on it. Let us know what these numbers are and I'm sure that either myself or another helpful community member will gladly share their thoughts on this deal with you.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
G35x
Premium
Nav
Sport
Splash Guards
Trunk Mat
MSRP 42,425
Selling Price Negotiated 39,400
39 month lease 12miles/yr
$1000 out of pocket, includes all fees.....
612/month including taxes.....
Thank you for the information. You definitely got a better deal than what I have on. Could you please tell me how much was teh money factor and residual in your case.
Hi car_man,
Can you tell us the lease numbers for Jan month for 2009 G37x coupe 39 months lease for 10K miles.
Thanks
thanks guys
But it is tier 3 financing and it is not clear if it is a lease or a purchase (there is no annual mileage and term discussed in the original post)..
I am in Lomg Island NY.
G35x 2008 w/Premium Package
MSRP $37,865
Inv $34,608
39 months
25K MILES Per Year!!
Money Factor .690
Bank Fee, first payment $1254.95
They are taking off the Bank Fee of $500.00
Residual is $15,790
Monthly Payment is $553.01
Am I missing anything?
Thanks!
AW
price 32,998
$2,500 due at signing
$368/month
36 month lease
10k miles/year
my prior lease was a 2006 g25x $435/month 10k miles for a 24 month lease with nothing due at signing.
I'm curious to get an idea of Infiniti Financial Services January leasing terms on a 2009 G37x sedan. I'm not sure if the options affect the leasing terms but I'd be getting it with the premium pkg, navigation pkg, technology pkg, sport pkg and aerodynamic pkg.
Could you please provide me the residual percentage and the money factor for the following lease lengths/mileage.
1) 36 month, 10K miles/year
2) 39 month, 10K miles/year
3) 36 month, 12K miles/year
4) 39 month, 12K miles/year
I'm also currently leasing a M45 sport from IFS so I'm curious if there's any promotions for returning customers. My lease isn't up until the end of February but I would like to get an idea of what the cost will be.
For those of you who are considering putting money down (i.e. cap cost reduction) including paying the taxes up front on a lease, I don't think it's a good idea and Car_man might agree with me. Yes, it reduces your monthly payment but if your car is totalled or stolen the day after you walk off the lot, your insurance company will not pay you the money back. The leasing company owns the car not you, so your insurance company will pay off the balance owed on the car to the leasing company. If you bought the car, the check from the insurance company would be made out to you and you'd have to pay off any loan on the car.
Thanks.
Sam
Another question I have is are you allowed to negotiate with the maketing support that the dealers get from the manufacturer that is listed on edmunds? Right now there is a 3000 marketing incentive and a 1000 marketing incentive. If I ask for 3 grand off of invoice, is that too aggressive or do you think that is reasonable?
The MSRP of the car I'm looking at is 36015 with an invoice of 33046. I'm thinking of trying to get the lease sell price for $30000. I personally think it's reasonable for an 08 car, but I want your opinons. Thanks!
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
Here is another question, Don't you think with the 2008 G35 model still on their lot, they are going to want to go even below their invoice price + the 1000 rebate? I'm going to visit some dealerships today and don't want to sound like an [non-permissible content removed] with my negotiations, but the way that I see it is they are getting rid of a model that is already a year old and is costing them lot space and up keep.
Residual - 48%
Money Factor - .00035
Anyone else hear about this? This pretty much ruins any deal I was going to be able to make.
Go to the dealers web sites in your area and request a quote to start.
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
08 G35 Sedan Journey With Premium
MSRP - $36015
Cap Cost- $31026
Down Payment - $1700 (All Fees, plus first month)
Monthly Payment - $395.59
Term - 39 Months
Mileage - 15k per year
I think it will be a rough sell, but we'll see if I can do it. I'm sure dealers want to get rid of these 08's pretty badly now a days.
Invoice $33,207. You are looking for ~$2100 under invoice. There is $1000 dealer cash available. If you are a current Infiniti customer there is another $500 lease loyalty. It might be pretty tough to get where you want to be.
Email your offer to the dealers and see what they counter with.
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
All info given to me by salesman
MSRP $40,180
Sale Price $35,800
MF .000410
Residual 50%
08 G35x with premium and nav
15k a year
36 months
$0 down
$452.34 a month
My only question is on the 0 down. Is that 0 cap cost reduction, but you still have to pay first month, title, registration, dealer fee and acquisition fees? By the monthly payment amount that is what it looks like to me. So you still have to bring about 1700 to closing for all the fees. Seems like a pretty good deal to me though.
He also said he has a couple sports in stock as well for about $10 more a month
I think I might go with the sport but wanted to get the monthly a little cheaper
I also figured that it was weird he said 0 down but the payment calculation did not work out correctly
How low of a monthly do u think I can get here?
This forum has helped me understand a lot. Below are the details of my current deal. I am hoping some of you can review this and give me some feedback.
Car: 2008 G37 Sport Coupe with Premuim Package.
MSRP: $41,830.00
Invoice: $37073.00
My price (after VPP discount): $37,509.00
Lease Details:
Term: 36 months
MF: 0.002270
RES: 56
Miles: 15,000
$0 down (just 1st month payment)
Monthly payment: $523
Your feedback will be greatly appretiated.
Thanks!
- Sid
If you were to lease a base 2009 Infiniti G37 Sedan through IFS right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00258 and 58%. The numbers for an otherwise identical 39 month lease are .00277 and 59%. This car's money factors are slightly lower in the Eastern U.S.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Infiniti is currently providing a $500 loyalty cash incentive to current IFS lessees who lease a new '09 G37 Sedan.
I completely agree with your thoughts on making down payments on leases.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
The $1,000 bonus cash incentive that Infiniti is currently providing on the '08 G35 Sedan is compatible with its special lease program, but the $3,000 dealer cash that is available on this car is not.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Also, the money factor that you were quoted for this car is way too high. Infiniti Financial Services' current buy rate lease money factor for a 36 month lease of a 2008 G37 Sport Coupe is only .00148 for consumers who qualify for its top credit tier. If your credit is in good shape, the dealer is likely attempting to mark your car's money factor up in an effort to add additional, hidden back-end profit to your deal. Make sure to insist that they use the buy rate to calculate your monthly payment.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Thanks a lot for your feedback.
I did not quite understand your last statement:
>>Make sure to insist that they use the buy rate to calculate your monthly payment.
What is the buy rate in my case? Is it $37,509
Also, can NAV be added to a car that does not already have one and how much more should this cost? The car i'm looking at is 2008 G37 Sport Coupe with Premium package.
Thanks,
- Sid
Is it me or Nissan/Infiniti are not aggressively trying to sell?
Thanks!
You are essentially paying $500 over invoice, which is way too much for 08 models. You should be able to hit below invoice pricing. Dealers like VPP pricing because they get "credit" for a VPP sale, not to mention the higher sale price. Some dealers where giving near invoice or slightly below invoice pricing last year on the 08 G37s, I don't see why they can't do it this month since it is 2009 now.
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
In the most recent Infiniti and Rebates section it states:
Restrictions: $6000 Dealer cash may not be combined with 0.0% APR - 0.9 % APR and vehicle must be financed through the manufacturer's captive finance company.
What, exactly, is a captive finance company? It seems this isn't the IFS, but an internal dealership favored company. The inference being that the customer must finance the purchase through the dealer selected company at whatever rate the dealer/company imposes, to get the rebate.
Is this correct??? Thanks in advance.
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD