Infiniti G37 Lease Questions

bcvc71_li · November 2013

Dear kyfdx: do you know what the November residuals and money factors for a 2013 G37x are? I'm looking for 24 mos and 36 mos with 15,000 miles. I'm in the NY Metro area if that makes any difference. Thanks!

-BCVC

grigol · November 2013

On Edmunds Incentives and Rebates page I see Dealer cash:
1. Dealer Cash is available towards leasing or retail purchases.
2. Owner Loyalty Dealer Cash is available towards leasing to current Infiniti owners or lessees.
3. IFS Lease Dealer Cash is available towards leasing. Must finance through Infiniti Financial Services.
I contacted two dealers and was told that only Loyalty rebate for lease is available.

Is anyone knows what is correct INFO  from Edmunds or from Dealers.

Thanks.

kingpcgeek · November 2013

FYI, for November Infiniti is offering $3250 in lease loyalty cash on Q50s. This is simply amazing for a brand new model.

d_nyholm · November 2013

Oh that stinks since I just leased one two weeks ago with the $1000 loyalty!

kyfdx · November 2013

2013 G37X Sedan 36mo, 15K miles
.00075 MF and 60% residual

24 month, 15K/yr
.00020 and 69% residual

regards,
kyfdx

ec1 · November 2013

kyfdx,

Do you know if the lease loyalty of $3,250 is correct for the Q50?
Also, Do you have interest rate and residual for a Q50 w/Premium for 24 and 36 months - 12K miles? If the lease loyalty is correct - the Q50 could be a really good value this month.

Thanks,

kingpcgeek · November 2013

I was at a dealer negotiating last night and the $3250 is correct for Q50s. Unfortunately the dealer refused to budge on $800 of dealer add-ons so no deal at that dealer for me. Luckily there are three more in the area.

kyfdx · November 2013

I don't have incentive info for Infiniti, but as noted above, that seems to be accurate...

2014 Q50 Premium RWD 36mo, 12K/yr lease
.00104 MF and 61% residual.. 24 month residual is 70%

regards,
kyfdx

ec1 · November 2013

Thanks kyfdx! ec1

kingpcgeek · November 2013

Here is the deal I made last night:
Graphite Shadow/Graphite, RWD Premium, Deluxe, Nav, Leather, 19" Sport Tires, Illuminated Kick Plates, All Weather & Spare.

39/10k Lease
Residutal: 62%
MF: .00104
MSRP: 48,155
Invoice: 44,449
Selling Price: 44,949 = $500 over invoice (includes tint and nitrogen)
Lease Loyalty Cash: $3,250
Bank Fee: $700
Doc Fee: $499
Tags: $717
Pre MSD payment $462 including 8.05% tax
9 MSDs of $3,915 to drop MF to .00014
Payment $399 including 8.05% tax

Total cash at drive off was the first months payment of $399 and the MSDs of $3,915. By allowing Infiniti to hold my $3,915 for 39 months I am saving $63 a month. For a total savings during the lease term of $2,457. That is an amazing rate of return on savings. Dealers don't know about them is the problem. The dealership I went to had never done one and had to print instructions from the Infiniti web site. Of course the dealer I went to normally marks up the money factor so they don't want people to know how to reduce their interest.

A payment under $400 for a $48,000 car is quite incredible.

grigol · November 2013

GS37x Premium 24M/10K.
I need current MF, Residual and real sale price for states of NY, NJ and Delaware.
Dealers told me that they can sell me a car for $33k but for lease they use $34.5 - $34.6k
Is that usual practice?

Please help

kyfdx · November 2013

2013 G37X Sedan 24mo, 10K/yr lease
.00020 MF and 71% residual

I'm not familiar with the incentives, but it's entirely possible that a purchase gives the dealer a bigger cash incentive than a lease..

regards,
kyfdx

jefcb01 · November 2013

kyfdx…do you have the MF and residuals for the Q50 with and Without Nav for 15k miles per year on a 24 or 36 month basis?

Thanks!

kingpcgeek · November 2013

With Infiniti Nav is an option, not a model. So lease factors do not vary whether the car has Nav or not.

With Honda/Acura cars that have Nav are a different model and lease factors do change.

jefcb01 · November 2013

Got it. So I only need the lease info for the 15k mileage for 24 and 36/39 month
Options.

star123 · November 2013

Currently leasing a 2012 g37x no navigation, 18 month lease at $285 per month, with two payments remaining. Went today to get an idea of options with the current 3250 loyalty incentive. Here's the offers that I got, and forgive me for not having much details (I'm a negotiating newbie):

All at 12,000 miles per year

2014 Q50 AWD Premium 39 month lease, $397 per month, $883 total out of pocket covering remaining costs (tax, title, etc.), including first month after $3250 applied
2014 Q50 AWD Premium w navigation 39 month lease, $409 per month, $895.38 total out of pocket including first month
2014 Q50 AWD base model (no heated seats, Bose, home link, nav) 24 month lease, $329 per month, $815 out of pocket incl first months payment
2013 G37x with Navigation, 24 month lease, $376 per month, $620 out of pocket including first month

How do these sound based on others experience? Are the features like navigation just being used to hike the price...room for negotiating?

aeriastudio · November 2013

Hi, it will be my first time leasing a car. I've been quoted $249/month, $0 down on G37 sedan base model. 10k miles/yr, 24 months lease. Is this a good price? What information should I ask for to make sure there's no hidden cost?

Thank you so much!

bostondude001 · November 2013

How does that work?

You will only pay for 30 months lease (out of 39 months)? (as you paid 9 months in advance which drops the money factor considerably?)

Lease for 39 months
Here is my MSRP 47955 (including dest)
Miles:12000
Invoice = 44450
I should negotiate it to = $44950 (if I try to get to $500 over invoice)
Sec Deposit = 0
Title/registeration= 125
Doc Fee = 300
Disposition Fee= 395
Acquisition fee= 700
State tax= 6.25%
Rebate available= 3250

Can you please explain how this works? How is this calculated?

Thanks
WK

kyfdx · November 2013

Multiple Security Deposits aren't payments in advance.. It's a security deposit that the bank holds for the term of the lease, then returns to you at lease end. In exchange, they give you a lower money factor, which lowers your monthly payment.

regards,
kyfdx

kingpcgeek · November 2013

You want to try to negotiate as close to invoice as possible. When I started dealing they were at $1,300 over invoice. I agreed to $500 over invoice. There are some hard costs they have such as tint. There are many people claiming to get under invoice, but after 6 but Infiniti deals I have never been one of them. Might me an Arizona thing.

One item on your list should not be there, the disposition fee. That fee is only paid at lease termination if you do not lease another Infiniti.

kingpcgeek · November 2013

Do yourself a favor and educate yourself on leasing. http://www.leaseguide.com/ is a great start.

drjcool1 · November 2013

I am in the same boat!

I have 2 payments left on my 2012 G37x with nav. I am looking for either a 2013 G37x with nav or 2014 Q50 premium with nav. Do you like the Q as much as the G? I am unsure at this time.

In my case I need a 15k mile per year lease. Where are you located. I am on Long Island. So far your numbers look very competitive. Please keep us posted and at what dealership you ended up doing yours business.

lbkg37 · November 2013

Hi,

Could someone share the MF and RV for these:
G37 Journey Coupe 24months and 12k/yr
G37 Journey Coupe 36 or 39 months and 12k/yr
G37 Convertible 24months and 12k/yr
G37 Convertible 36 or 39 months and 12k/yr

THANKS!

kyfdx · November 2013

G37 Journey Coupe 24months and 12k/yr
.00018 MF and 64% residual
G37 Journey Coupe 36 months and 12k/yr
.00051 MF and 55% residua
G37 Convertible 24months and 12k/yr
.00003 MF and 63% residual
G37 Convertible 36 months and 12k/yr
.00036 MF and 55% residual

regards,
kyfdx

grigol · November 2013

On Friday, 08 I leased G37x in NY.
Thank to you I tried to use MSD. Sale manager told me that he doesnt know about it and have to contact Infiniti. In short while he told that in NY(?) I can use maximum of $702(?) which is less than 2 payments (my payment was set to $379). In order to use at least two payments I have to put something down to reduce my payment to $350. (I put 0 down, no loyalty).
I called NMAC and was informed that MSD amount is up to dealer (??). So here I see a loop or game.
Do you happen to know where to find a real information/instruction about MSD.
Does it really depend on State/county?

Your response really appreciated.

kingpcgeek · November 2013

I seem to remember seeing on this forum or another that MSDs were not available in NY State. FYI the dealer has no say in the matter when it comes to MSDs, it is only an arrangement between you and IFS.

adthebadstud · November 2013

kyfdx,

Could you tell me the MF and Residual of a 2013 G37x AWD at 10k miles per year for 36 and 39 months?

kyfdx · November 2013

2013 G37x AWD 36mo, 10K/yr lease
.00075 MF and 62% residual

39 month
.00081 MF and 61% residual

regards,
kyfdx

gr8trfool · November 2013

Where are you getting the quote? THat would seem to me to be reasonable given my recent attempts to talk to dealers on the Q50 and G37. Would appreciate the dealer/city name.

Thanks

aeriastudio · November 2013

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