By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our
Privacy Statement, and you agree that your use of the website is subject to our
Visitor Agreement.
Comments
I would skip the 4 wheel active steer - you and the car do not need it and it wastes over $1,100 of your money (at invoice) and is something else that could fail down the road. The tech pack is neat - the "laser cruise" works well and the swivel headlights are effective. Hopefully you will never need to seat belt pre-crash and preview braking. I don't know if that pack is a must have since you get the backup camera with the nav pack and it is nearly $1k at invoice for tech. So getting a coupe with "just" nav and premium would save over $2k at invoice.
Dennis
The car has the packages on them. I was looking for a red with stone int. Hard to find. Any idea why Infiniti didn't offer the wheat int. on the 6mt? I don't want the black int. so stone is the only other option.
6mt coups are easier to find the 6mt sedans, but limiting your color choice to red means you are going to be ordering a car or taking what you can find
Dennis
Dennis,
I have been monitoring this forum. I am coming out of a 2006 BMW 330i (with black leather!) lease and have been considering what comes next. Another BMW 3-Series is certainly a consideration. But prices are high and BMWFS lease programs are not too good. Putting no money down and capitalizing the bank fee and sales tax, I figure I'm looking at a monthly payment in the mid-$600s for a moderately equipped 328i sedan up to around $800 for a moderately equipped 335i coupe.
The G35, widely regarded as the #2 car in the sports sedan segment, sure seems to be a better deal, and not by a little but by a whole lot. Apparently hundreds of dollars per month, actually. Not only is the G considerably less expensive to begin with, but the residual is higher and the money factor is lower. Seems to me that I could lease a G35 Journey for less than $500 per month all-in. Sure makes #2 a lot more attractive. The G is a gas-guzzler though, relatively to the 3-Series. But if it is say $250 per month less to lease than a 335i and gas-guzzling eats up say $50 of the savings, I'd still be saving $200 per month by going with #2 rather than with #1.
I would of course welcome your thoughts on this. But what really got my attention is that it seems you already made the move that I am now contemplating. How do you compare the G35 to the 330i, based on your own personal experience with both? Why did you make the move? Was it the $$$$$ or do you like the G better than the 3?
Regards,
David
I have not looked at BMWFS lease numbers in a while and would be shocked that they would be that bad, but EVERY BMW dealer I ever talked to always marked up the lease money factor for extra profit and some marked up the bank fee as well.
If I were in the marked for a COUPE today I would compare the 135 against the G37 and might forgo the reliability and gizmos of the G for the lighter BMW. For a sedan, I would probably get the G without even shopping BMW. There is a $1k purchase / $350 lease customer cash on the G sedans now so prices at or under invoice should be easy to get. Then add in the aggressive low loan and lease rates and high residuals and you have a pretty "cheap" deal. Hard to find a 6mt G sedan, but it was hard to find a MT 3 series sedan when I was looking back then as well.
I would go drive one and see what you think. Not quite as much of an "ultimate driving machine" but close, less money, and more reliable. No free maintenance, though.
Dennis
It can't last forever... their whole market share is dependent on leasing... If you have time, give it a month or two..
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
My wife nixed the 1. Said it looks like a scrunched up 3. Her disapproval amounts to a nix I am afraid, because this will be a shared car (her for weekday commuting and me for weekend pleasure). We both like the 3 (either coupe or sedan) and we are waiting for some quotes, but based on my preliminary internet research and running some numbers myself, I am anticipating VERY high numbers coming back to me. By comparison, it is as though Infiniti is giving G35s away. I'm going to look into it more seriously. The relative gas-guzzling and maintenance not being included are hidden (pay as you go) extra costs as compared to leasing a 3, but the lower monthly payment appears to be huge.
Do you think it will really get better, or might low residuals be here to stay just like high gas prices. I heard from one dealer that BMW lost a few hundred million dollars by setting residuals too high and that the big drop is a move to stop the bleeding. I heard from another dealer that used car prices are depressed because of the economy, and that this has had an adverse affect on residuals. Is there anything to this or is this just dealer B.S. to get me to lease a car now rather than waiting for leases to get cheaper?
6MT w/ premium, spoiler, kick plates, net, trunk mat
MSRP 40695
Sales Price 37080
.0019 and 63% MSRP
10k miles/year
I would be paying 2500 up front total out of pocket. Unfortunately the doc fee is 589 here and they wont budge on that. dmv about $20. Tax included (8%)
So...up front cash 2,500 and they want $420/month. Please let me know what you guys think of the monthly and also the sales price. Of course the 589 doc fee sucks but I can't get them to wiggle.
I do think it will get better... but, coupes have always been more expensive to lease than sedans, and the bigger engine models are usually more expensive than the smaller ones.. So... the best deal being on the 328i sedan is not surprising..
All of the things that those dealers say may be true... but, BMW still can't abandon the market, or their market share.. Short term, they may pull back, but they can't just quit giving good lease deals forever..
But, thats just my opinion... Nostradamus, I'm not...
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
They all seem to have the attitude of "let us move it now and we will worry about the future value when they turn it in". Maybe this caught up with BMW?
Dennis
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
However, my current BMW lease expires Aug 31, so I don't have much longer to wait, especially since BMWs are generally ordered cars (with 6 to 8 weeks lead time). I could extend my lease for a while, but seemingly not unless I commit in advance (i.e., put down a deposit) on a new BMW, because extensions are for the limited purpose of bridging the gap in time from lease expiration of one BMW to the delivery of a replacement BMW.
On the other hand, G35s are a dealer stock item. So now is too soon for me to lease a G, and I'd have to hope that good deals on Gs are still available a couple of months from now.
Dennis
Invoice = is dealer's invoice
You want to be around invoice for the car less the customer cash including the dealer fee - say within $500 of invoice - cash.
The customer cash is a rebate and you have to pay sales tax on it (most states) and provide a copy of a current registration to get it. There will be a form you sign when you pick up the car if you want the cash given to the dealer (this is normal) in exchange for a reduced price on the car.
There is hold back, but normally a dealer has to be really desperate to let you get much into that. If you can get invoice less customer cash plus a modest doc fee than that is a nice price.
Dennis
I am new to this forum. I am looking to buy a G35 Premium/sport/spoilers in houston. The deal i've been given is 35600 selling price + TTL works out to 37000. Please let me know if this is a good deal
I just made a deal for $37,200 for G35x with Premium and Nav. which is about $500 over invoice. I got a quote from a chicago dealer for invoice but didn't want to drive 4 hours each way. Paid a little more to stay with our local dealership.
In edmunds the invoice is 34892 actually and that is why i was thinking it is a fair deal.
because it $700 over invoice. Let me know the source of your information.
Sport, premium, spoiler, kick plates, cargo net, trunk mat, splash guards...
MSRP 40945
Sales Price 37384.38
10k miles/year
63% MSRP and .0019
Acq. fee 589 (this sucks but they wont budge)
$21 DMV fee
420/month
116.72 upfront tax
I am going to pay these costs up front, as well as do a 1300 cap cost reduction. I like the sales price as it is a bit below invoice. Let me know what you guys think and if I can get any lower on the price...
Based upon your initial post, G35 with Premium/Sport/Spoiler, this is the edmunds invoice I came up with, $33900. I priced a G35 Sport with Premium and Spoiler.
My calc come up with monthly of $527. Their number is $583. When I told them that they insist my calc is wrong and invited me to showroom to demonstrate. I have no desire or intention of doing that. I was leaning toward Ramsey only because they are closest to my home.
Lynnes has offered $499/mo w/1900 up front- they inflate the doc fee and DMV fee. Isn/t the DMV fee determined by the state?
Pepe in White Plains has offered $529 with 1600 up front.
This forum has made me somewhat wary of Lynnes but their lease price seems to be at invoice.
Any advice?
I was willing to pay the higher doc fee but got the deal at slightly under invoice. These guys are negotiable and not unreasonable. You just have to be able to stand your ground and know what you want to pay. Once i made a reasonable offer they didn't want to let me go. I thought the service and speed of the transaction was without a doubt the fastest i've ever experienced. I was in and out of the dealership with the new car in under 3 hours.
Although i've used Ramsey before for service, and they were always professional, their prices are always higher as their overhead must be higher with their highway location. The cost of their advertising is also considerably higher than anyone else. So they need to charge more. At all cost, avoid Englewood Infiniti. A bunch of crooks.
Good luck with the purchase.
Dallas also has some good options (a few hundred over invoice) if you want to do the fly-up drive back option, and if Gunn doesn't have good prices on the car you want.
2008 G35x Premium+Sport
Black/Black
-Taking advantage of the 2.9% or 1.9% financing option...
Quote from Ray Catena (Edison+Bridgewater): $36,300 (+$2541,+$244, $254, +tt) = $39444 - $1000 conquest = $38,444 have the guy at $38,000 out the door.
I talked to Ramsey and Lynne (both about 1.3hr away) and received a similar quote...
This is about $650 above invoice and so I am trying to hold out: has anyone been able to get it lower in the Jersey area?? Am I asking for too much or something ridiculous?
Any Jerseys folks here who have had a good buying experience at some of the major dealers here? and what prices did you pay? And where?
1) I will be leasing a G-35 for my son away at college
2) 2/yr / 24,000 / mi lease
3) Base model of the G...no moon roof, etc...that is, getting the MSRP as low as possible along with the dealer invoice...of course
4) I have a "glitch" on my credit history (currently a 605)...but have the cash to pay cash for the lease...attorney fixing the credit issue this week...won't show up on the credit report for who knows how long...one dealer is stating that if he has the paperwork from the attorney...that will be good enough to "qualify" because of his relationships with his Infiniti financial contacts. I could not afford to pay cash for the purchase of a new G-35, but could certainly pay cash for a 24 mo lease...
5) I have read the posts about paying as little down as possible...because if the car is stolen or totaled...I have the possiblity to lose some, if not all of my down money...
Well, since this will be a "college car lease" either scenario could happen...that is, a complete loss or the car could be stolen...isn't that why I pay so much every month for insurance?
All comments appreciated no matter how harsh.
Thanks in advance
For tax reasons, some folks do one payment leases where they pay it all up front. It only makes sense if you can right it off and the lease bank has a special rate (near zero interest) for doing these. If they are just going to take the payments and charge you the same rate, then you are far better off to stick the money in the bank and just make the payments.
Keep in mind when you lease a car the bank has to buy the WHOLE car and not just the part you are leasing. So they are out the money for the entire car and you pay them rent on the depreciation to plus interest on the entire car. So you need strong enough credit for them to agree to invest the total cost of the car in your.
While we all want to spoil our kids, getting a college son a G35 when you have a credit problem just seems a bit of a bad idea. A stripper G is not much of a great car in any case. If you have enough cash to prepay the lease then why not use that money to just buy your son a new or used car outright? It would be a lot cheaper to insure a cheap car for a young man and you (and the lease bank) would not be as concerned to what happens to the car while in his possession. By the time he graduates you will have your finances is order and he will be more mature and you can sell or trade the car in on something much nicer to reward him for a job well done in college.
Dennis
I've had a relatively positive experience with Lynnes. If you come in knowing exactly what you want to pay and put the offer on the table, they won't let you go if you are reasonable and they have your car.
Thanks for your time...
Applies to G sedans only, not coupes.
If they say it is not available in your area check with other dealers and see what they say. If you get a car without it do not provide the dealer with a copy of any current car registration and watch for the "dealer gets customer cash" page hidden in your paperwork. "Just in case".
Dennis
It is odd as one of my neighbors also leased the G35 sedan and neither his contract nor anything within the contract closely resembles the $350 conquest cash. Is it possible the dealer has no knowledge of it or are there certain restrictions which would prevent someone from qualifying for this deal?
Back when I leased my G37 there was $500 conquest cash which I qualified for (simple
If my dealer had been sneaky they could have just left this off the lease contract and asked me to sign the "give the cash to the rebate to the dealer" form and then they would have made an extra $500 (at the time) more on the deal. I suppose a sneaky dealer today could be doing something similar.
Dennis
Pls include residual and money factor, if you know them.
Thanks for any help.
Dennis
for perf. tire/wheels option
MSRP $40,365
Invoice $36,899
TMV $37,955
My target price for car + dest. + dealer fees = $37,399
Then roll in: minus $350 conquest + $595 bank fee + ~$310 title/lic. + $45 CA doc fee
= total cap cost of $37,999
for a 36 mo/12k lease (so residual 0.61, MF 0.0015 (should be Tier 0)) the payment should be $454 + $37 for CA tax so $492/mo pmt with only the first month's due at signing
ok - first off, please let me know if i am way off anywhere.
secondly, i rolled into my nearest dealer and got nowhere. they have 1 g35x on the lot for every 30 g35 RWDs. looking at the surrounding dealers this is a similar story (surrounding out to 250 miles). because of this, the dealer is being very dodgy about talking #'s until we locate 'my car' but basically they're trying to lean me into doing everything (locating a car and doing a deal) in a day, which I won't.
One option is factory order, but that requires a $2k deposit and since i'm leasing that sounds like a recipe for trouble - plus it clashes with my plan of paying only first months payment at drive off. it also makes selling my current car hard to time.
Can i shop at another dealer in another part of the country and pay to have the car shipped (or will they just ship it)? as soon as i start searching in colder climates i see way more options of course...
Am i being toyed with by my dealer? or should I just give up and go with RWD?
thanks everyone!
MSRP was set at $700 to high - here's the right #'s:
Cap cost (arrived at in previous post) = $37,999
Residual = $40,365 * 0.61
MF = 0.0015
base pmt = $465, + $38 tax = $504/mo total
sorry about that - i thought i was careful but i guess i keep screwing around with my numbers a little too much...
You can check with other dealers in an ever widening circle from home and see what they have in stock and if they have a car just right for you. If they do, then try to make a deal on it. If they have one x and 30 RWDs (like your local dealer) then there would be little incentive to do a lot of work to score you another x if you don't want the one they have. Plus you would be out the haul charges to flat bed it from where they find it to the dealer, thus increasing your cost.
Most dealers would not require a deposit on an ordered car, unless you were getting something really hard to sell - say a base model car with a manual tranny or something. In your case, your dealer feels an AWD G WOULD be hard to sell so wants to lock you in with a deposit. I was trying to lease a 6mt G sedan last year and could not find anyone anywhere close in the colors and options I wanted, so a dealer ordered one for me w/o a deposit. Good thing, when the car came in months later it was an 08 and the lease numbers were REAL BAD so I passed on it. If you ordered one and had to lock in with a deposit then you are at the mercy of the numbers when it arrives - could be better or worse, but probably no customer cash. So you can look at that $350 as your plane ticker and gas money to go and get the car you want, I guess
I have leased cars before sight unseen and used a car hauler to bring them to me. Worked out for me and I got what I wanted at the right price.
You should get what you want since it is your car and you have to pay the lease payments, but if you can't get a reasonable deal on the x and you don't REALLY need AWD then you may be better off with RWD.
Dennis
Good luck!
MSRP $38,330
INVOICE $35,010
SELLING PRICE $34,000
WALK OUT PRICE $36,660
I'm pretty happy in getting this vehicle for $4,330 below MSRP. The only downside was that I had to wait three weeks for it to arrive from the holding lot at the Port of Jacksonville. Worth the wait: low miles,8, never been test driven, and not on a dealers lot for months.
Purchase was at the Dayton dealership. The sales experience left a horrible taste in my mouth. It took 7 days to get the car sent over from Chicago, about a 5-6 hour trip. I was told 4 times I could pick the car up the next day and it wasn't there. Excuse after excuse that didn't add up. And the worst part about the whole thing was I waited and waited every day for them to call and tell me when it was going to be in and they never called. I had to call before they closed and they said we'll call you tomorrow morning at a time-no call the entire day!!! Nice people but not great at customer service. Hopefully the service department is better!!
Anyway, love the car. Thanks for all the posts. Every bit was helpful.
The invoice for the car if the dealer had no holdback is around 36600. Even with the 1000 conquest (which really turns out to be 700-800), I have no idea how this made sense for the dealer. Even if it was pre-price increase, it is below invoice. Dealer fee was only 100. Car had like 70 miles on it so I guess it was test driven quite a bit but it's new and not a loaner.
Anyways, the dealer I worked with was excellent and laid back. Very pleased with the experience. Thanks everyone for all of the input on the forum. It was very helpful.
Put 3500 down and my 60 month payments are 612. Financed at lease prices!
Not really. You got a nice deal, but if you had leased for 24, 36, or 39 months your payments would be a lot lower than $612 - probably near half of that with $3,500 up front. You got a good deal in any case, but comparing a 60 months financed car payment to a lease payment that is a lot smaller is not a very valid comparison.
Dennis
My wife is going to get a car too. I am trying to negotiate a lease for an IS250AWD (she likes the look, whatever). We are moving to a place with inclement winters, and the heated side mirrors were a plus on the G.
Yeah, I know lease prices are cheaper than 3500 down and 612 a month, but we felt like buying one and leasing one (so we have something to use as downpay next time we "invest" in depreciating assets). Even if I pay it off early, the math is in my favor later on, no question. I guess the key is to get something with high residual? I do think it may be a valid comparison to a lease, b/c after a 36mo lease is over, you still have to pay for something to drive and have nothing to show for it.
I thought of getting a BMW 3 series but the interior is about as up to date as a nursing home. It does drive better than the G.
I would recommend buying the consumer reports new car buying kit. It was tremendously helpful. Edmunds is a bit more up to date, they are a bit more thorough. I juxtaposed the two websites to no end, but it finally paid off.
Anyways, good luck all.