Infiniti G37 Prices Paid and Buying Experience

joealana

I ended up doing a bit better. Due to the tips on here, I challenged the 249 doc fee. I knew to ask for a reduction in the car price rather than reducing the fee.

Anyway, price is down to 37,800 and I bought it. Will be picking it up soon.

moonsky1

Congrats. I think you did pretty well in terms of price. Could other buy the same car for lower? Probably, but every location is different and around $5000 off MSRP is pretty good. The important thing is that you have a new G37 now (or soon).

moonsky1

I would say good. I got the exact same car late last year (MSRP was $40,470 that time, but options are the same). I paid $34,857+TTL.

ronwalter

Thanks moonsky1. Will let you know how the deal goes

hercules00

joelana,

Are you buying or leasing? If you are buying then Sheehy Infiniti of Annapolis MD was offering the same car to me for over 1k less than that. I leased the car for roughly the same price as what you have quoted (there is an additional 1.5k incentive from Infiniti for purchases).

Hope that helps.

hercules00

Wow... That was some lengthy justification for cheating!

What next? Dealer sells you the car and then switches new tires for old ones because he has to make money to feed the kids?

There is a reason that "bait and switch" is not considered to be a positive thing and ponzi schemes are considered to be bad things. After reading the entire post, I am still unable to nail down the exact justification.

Is it "Neiman Marcus charges 19.99% on their credit card hence it is ok for the dealer to slyly add .5% to the lease APR for non-discerning customers" or is it "All dealers were send low quotes so we also do that and fleece the customer on the back-end?" or is it "running a car dealership is a low volume business so it is ok to cheat customers?"

Being in the money making business myself, I fully understand the need for and process of making money. Nowhere did I rant against the dealership for making money. This was not a tree hugger rant against the evil money men.

I carry Amex charge cards that carry 24.99% APR (I pay off every month though so no issues over there) and understand the concept of paying up for good service - the reason I am a platinum member on Continental, Starwoods and Hilton. I do not scan the internet for the cheapest air tickets always because I am ready to pay up for my preferred airline in return for some level of service. Once again, I have nothing against people making money. I do it and I totally support others doing it.

Cheating is altogether another matter. I guess you would also justify someone robbing a rich person's house by saying that the burglar has to make money and the rich person anyway has too much money?

Tell me the terms upfront and I am ready to pay for it. As a matter of fact, I leased the same car from another dealer for a slightly higher price and they were outstanding guys. Sorry to say so, there are honest people in this world too. '

Trust me, life wouldn't be as much fun if all people started doing what you are claiming the dealers are justified in doing. You would then buy milk at the grocery store and go home to see that you had been charges 10c for "shopping cart usage."

I do business every day and negotiate with people often. Cheating, however, is not something that is appreciated absolutely anywhere. Most car dealers live in a bubble where decades of politically enabled business practices have made them lose sense of what is fraud and what is not.

When you buy a TV from best buy, they tell you the price, the APR and try to make money by selling HDMI cables worth $5 for $50. But EVERY customer sees the same price. Car dealers - as per your own description - try to first rip people off on the price and when that doesn't work out they try to pick off the uninformed by arbitrarily changing the financing terms. That my friend is called cheating. It is not called making money.

I am glad though that all car dealers are not the same. The dealer I bought from - Sheehy Infiniti Annapolis - was upright throughout. Some other local dealers (King's Infiniti Brooklyn) gave me a high quote upfront as well as the leasing terms and told me that they would not budge. I respect that. But fraudulent behavior and bait and switch has never been respectable or acceptable and neither will ever be.

Oh, as Gov Christie recently told a union teacher - if you dont like the pay then you dont have to do it. Similarly, if you dont like the economics of running a car dealership - then no one is putting a gun to your head and forcing you to do it so give the rent/utility/salary costs a rest. And for the nth time, none of that is justification for cheating/lying/defrauding/stealing.

g35fantastic

Yes, they have had a lot of problems and service issues in the past. I know, I bought a car there. New Management just took over a few months ago. They have made good and corrected the problems the old management would not. I would deal with them again. Good guys.

sewellgsm

Wow - talk about a rant...LOL. I was just telling you the facts. Just as you can shop the price, you can shop the money factor or the rate, you can shop accessories, you can shop your trade - all these items go into a "deal". Many people only look at price so the dealers meet those demands and then make it up on the other items. Obviously, you can use other leasing companies if you find one better than IFS - but even within the lease the money factor is only one item, there are terms, mileage limits, fees, etc.

Don't shoot the messenger....

I wish everyone would pay our asking price on the vehicles like they do TV's, but they don't - everyone wants us to sell it for less.

BTW - I don't consider it cheating or stealing - we go over every bit of the contracts in detail - no one is putting a "gun to your head" to sign the papers when you buy/lease the car. There is nothing illegal about making money on rate.

I like your observations - they were funny.

BTW - We are one of two dealers to win the Circle of Excellence Award - we sell a lot of Infiniti, our customers like us and recommend us, we have very high (top 10% in country) customer satisfaction scores, and we make money on selling, financing, and servicing vehicles. If you had read all my post you would know that. I'm not trying to talk anyone into doing anything here - I'm just giving you some insights from someone who is and has been on this side of the desk for 15 years. We finished #1 in the country in 09 and #3 in 10. I enjoy my job.

PS Is there a forum dedicated to bashing your industry, I'd love to read it if there is? Thanks for implying that I lie, cheat, defraud, and steal without even knowing me - very kind of you Have a good weekend.

hercules00

If you look at recent car sales data they if is clear that there are a LOT of people buying cars for much more than what TMV is. I am sure you love them and I guess a lot of them are also happy with you. Good for you and good for them. Those are clearly not the people who are on these forums looking for prices and lease terms.

This forum is for people who want to optimize the outcome and get the best deal possible. You will clearly not make a whole lot of money from them, at least in an honest fashion. And these kinds of dealer tricks are exactly what people here to know about (reminds me of when an Edmund editor went undercover to work for a car dealer a few years back). So why even waste time trying to convince these people who are predisposed to not be completely susceptible to your methods? And what I faced is certainly of a lot of interest to people asking for lease terms here. If the dealer with change those terms at will anyway then what is the point of those terms at all?

I can understand your resistance, with forums like these and services like TMV (as opposed to the completely rigged KBB values), it is becoming more difficult to overcharge customers compared to when you would have started your career. A lot of dealer "tricks" are already in the public domain now and people are increasingly wary of those. This is my attempt to add to that knowledge base.

At the end of the day, a new car is a commodity and in a fairly liquid market, so there should be absolutely NO price differences between dealers. By using their political muscle and keeping big box retailers out of the business of retail car sales, dealers have managed to still keep some scope for price discrepancies. But as more information seeps out, it will be more difficult for make those margins.

hercules00

"BTW - I don't consider it cheating or stealing - we go over every bit of the contracts in detail"

Read my post again.

I never said that there was documentary fraud. However, here is what msot reasonable people who go to lease a car think.

1) You get the lease terms from this board
2) The dealer quotes you a price
3) You agree and ask him to calculate the monthly payment

Now, here the normal person assumes that financing terms are set by Infiniti Financial and they are a factor of credit alone. So if I am top tier credit - I get whatever I know the terms are for the month and I trust the dealer to apply the terms, do the simple math and give me the monthly payment.

Selectively altering the terms for different buyers in this step is most certainly deceptive. That too, using completely unpublished assumptions. You may very well put the revised terms in the contract, but you are trying to pick off people here. Your 15 years in a car dealership may have blinded you to this.

jngo1

good afternoon

hope ya'll doing well
just got a quote for 2011 g37 tech + nav, illuminator, mrsp 40.8K, black outside and black inside/special tinting.
Out the door price low ~38K @ infiniti dealers near dallas,
just wondering if this is a good price and should we go for it

what do you folks know about the 'extra' maintenance programs, does it come w/ the deal or is it something extra that WE ALL HAVE TO PAY :confuse:
don't want to get 'chip off' before buying this nice deal
sounds like the best deal this wk

Thanks
:shades:
:P

sewellgsm

I may have misunderstood you. You asked if it is "legal" to mark up the buy rate and you were disgusted that dealers do that.

The answer is it is legal; therefore, it is not stealing, defrauding, etc. and obviously you don't like the answer.

The reason dealers do it is to make money - it is a business.

Now, IF someone quoted you a payment and/or a money factor and then did not stand by that quote - that is an issue with the person, so I could see in that case (if that is what happened) where you would accuse someone of lying.

But, if the dealer quotes you a payment or the two of you agree to a payment and he gets to that payment by marking up the money factor and/or selling the vehicle above invoice (in order to make money) that is not lying, etc. It would be naive for someone to think the dealership is not making money.

I have always WARNED folks to look at the whole deal and not just the price. Many times customers get a better price but their payment is more on the same terms because the dealer marked up the money factor and the customer was so focused on the price they did not even look at the other factors.

If you "assume the financing terms are set by IFS" - you have made a bad assumption. And if any salesperson quotes you a payment without submitting your deal to the lender - they are simply guessing and telling you what they think you want to hear to get you to come to their location. It is impossible to figure a lease without knowing what money factor to use and it is impossible to know the money factor until you submit an application - so everything else is just educated guessing. That is why all the advertising say "W.A.C." - with approved credit.

You are right, all the folks on this forum are well educated and ready to deal and I hope I help them by providing straight information - you may not like what I post but I post facts.

Herc - you say "altering the terms for different buyers in this step is most certainly deceptive" - is selling the vehicle for a different price from one person to the next "deceptive"? Is it fair? You get one price and your neighbor gets another? I don't think so, but what is the alternative - one price, like Saturn? I would love that - then it would come down to who had the best selection and service - if you can figure out how to change the industry - I'm all for it. Don't "hate" on the player, hate the game....

I'll drop this thread and move on. Again, it is "legal" to mark up the buy rate on leases - and all car companies and banks allow dealers to do it - it is part of their agreement; otherwise, the dealers would not do it. In certain situations, (like when IFS is offering 1.9%) then it is NOT allowed, in those cases - the banks/IFS give the dealership a flat fee to facilitate the paperwork. Wasn't trying to upset you more, just answering your question.

supraturbo320

Need help in preparing for G37 Coupe lease shopping... The engine in my girl's car just seized today, so I have to act quicker than I thought!

2011 G37 Journey Coupe or G37x Coupe (both w/ Prem):
looking for a 24 or 36 mo lease with $0 down, 7% NJ sales tax, and 15K miles... can anyone provide the March money factor and residuals, and even possibly help me with what my goal lease price should be?

I am willing to do some heavy lifting and put in shopping time, but what price am I shooting for? Thanks guys!

dclive

Without knowing taxes, 'documentation' fees, and other costs, it's difficult to say - can you simply post the price of the car itself (without TTL, etc.) so we can see that data?

sewellgsm

As everyone knows an earthquake has devastated Japan - many Nissan/Infiniti were destroyed at the port. Though the plants are intact, many suppliers plants were affected. For now productions has halted. People are trying to get their lives back in order, roads and rails cleared, ports put back together, energy problems solved, etc.

Here is the US - most dealers have about 2 months worth of vehicles either on the ground or already in the US on the way to their locations, but after that who knows? So, expect the dealers to not discount as much since they know they will not be getting anymore vehicles for awhile, as supplies shrink then Infiniti will not give the huge incentives (I assume they will stay the same for now).

Bottom line is IF you were in the market for a Japanese vehicle, you may want to go get it sooner than later or your choices will diminish and the prices may go up. Now 6 months from now, when everything is rolling again - I'm sure they will want to make up for lost time, so the deals may be even better - who knows.

Just a thought.

sewellgsm

Infiniti announced they are raising their MSRP for all vehicles that are not currently in dealer inventories. What does this mean to you? When shopping, you will be better off getting a vehicle that has been on the lot rather than one that just came in. The exact same car will have two different MSRPs - so be sure to look at the overall price/MSRP and not just the discount off of MSRP or the amount over invoice but the actual purchase price. Here are the adjustments.

G25: + $500
G37 sedan: + $400
G37 coupe: + $500
IPL Coupes: + $950
Convertibles: + $750

Keep in mind - not only did they raise the MSRP, but they raised the invoice too.

kevinc5

And the "market adjustment" stickers are sure to follow. I imagine we'll see a price increase from Lexus...this will be an ongoing problem for Infiniti and Lexus with reduced production and supplier problems for a long while. The nuclear/earthquake/tsunami is a real disaster for Japan and I hope that can work through it. Our prayers should be with them. Might be nice if those who are enjoying Japanese products could contribute a bit to the recovery efforts.

tankerdriver

How did you like working with them, did you go in person or online? Thanks.

bafana

A dealership in our area still has a few 2009 G37's left, according to their website. Would there be a risk in buying a new 2009 model, i.e. has been sitting on the lot in the sun for at least a year, etc., and what price would I be looking at since no incentives are published for 2009's. A comparable 2010 per Edmunds pricing is invoice $34,698, and TMV $31,287. Anyone has any suggestions?

byunwong

Sorry I didn't see your reply message a long while ago. I ended up not taking the deal at that time - opted to keep my old car. Now I'm back in the market for a car... the same deal is going (actually 370/month) - Troy, Michigan. A dealer in Cleveland had one also.

likestodrive

hello, can anyone help me to see if I got a good deal on the above car with:
premium, navigation, performance tire & wheel, interior accents, splash guards.
The msrp - 43145, selling price of 39,414.00

Lease 39 mos, 15K, $415 per mo., mf 00117.

We traded my 2008 bmw, with nav, xenon lites, cold weather package, w/ 41,500 miles, with maintenance agreement for 72 or 100K miles. They offered 26,000.

We live southwest of Philadelphia PA.

Please advise with any feedback! Thanks!

sewellgsm

Wow - our discussion was so timely - Infiniti just decided this week to cap the mark up of their money factors by the dealers at .00085 (which is down from .00125). However, they are raising their acquistion fee to $700 (from $595).

sewellgsm

Compare to low miles pre-owned 09's, the new ones should be a little more in price but not too much more.

sewellgsm

So, it is now becoming official - Infiniti has now told us that production will be cut by at least 17,000-20,000 units to the US - this number is not set and could grow. We got notification that 158 units were cancelled (basically all our May and June vehicles). So, I have enough vehicles to last through April and into May - Infiniti has some vehicles in the US they will divide amongst the dealers - that should help them with May. But, I assume by June, there will be just odd and ends to choose from...so again if you are needing a vehicle the sooner you go the better the deal and the better the inventory. If you don't need a vehicle, you may be better off waiting till after summer (assuming things return to normal).

jimmyvwine

Took delivery last week of the above with Premium, trunk mat, first aid and splash guards. Not many out there, so I felt that I did fairly well at a price of $38,900. Three weeks ago, before negotiating, I did a dry run of what the car would cost through the AAA car buying program. Just for kicks, I ran the same numbers again today. The car is at least $500 more expensive now than it was three weeks ago. Today's AAA prices in my area range from $39,370-$39,870. So all in all, given the current climate, I think I did OK. Hard to negotiate with the loss of inventory.

manbeing

We got a quote in Philadelphia, PA for 2011 G37X base: $34,000 before tax, doc fee, etc.
How is this price?

hercules00

Hi likestodrive,

I leased the exact same car (only illuminated kickplates additional) for $37,900 in Feb. My understanding is that there is an additional $1.5k incentive for buying (as opposed to leasing).

This was from the DC area. Best of luck!

abcdcrv

Guys,

Anyone please put your words if this is a good deal,
2004 G35X with 66400 miles asking for USD 13500, Car is in good condition and only thing I'm concerned is, engine fan noise is bit more even with A/C off. Is this common on G's.

sewellgsm

Wholesale on that vehicle is around $10k - depends on condition, the miles seem great. So, $13,500 before tax is retail - if you can't find anything in your area better for the money...then it is good.

classe

Today I put a deposit on a 2011 G35x sedan with Premium package (Graphite shadow/graphite) for the following deal:

24 months/10k
.00085 money factor
72% residual
MSRP: $40,425
Sale Price: $37,600 (I think?)

Monthly: $449 (including 9% PA tax)
Total due at signing including first month payment: $2350 (so really, $1900 for bank fee, taxes, tags, and minimal cap cost reduction)

How did I do?

navydaspud

I am looking to buy a 2007 G35 sedan with less than 50,000 miles. This is my first solo car buying endeavor. Edmunds says TMV is about 19,000.

1)What price can I reasonably walk into a dealership with?

2)I'm hoping to pay around 20k out the door (including tax and title). Is this possible?

Thanks in advance.

sewellgsm

Possible - depends on equipment and condition, but it is possible.

ssgmike

received an early return from IFS and looking to update with a 2011 G37x Premium either Black or Red with graphite interior. Any good lease deals in the NYC /NJ area. So far the dealer I leased my last 2 G's with is telling me 39 onths 15K mileage @ $479.00 with $1912.00 due, or $444.00 with $3160.00 due.

ssgmike

sounds like a great deal..where do you live

ssgmike

guess I located my new 2011 G37X premium for 39 months 15K 2400 down and $429.00 month also includes oil changes

glasseson

Got deal below in NY;
39mths/10K miles
$409/$3325 down

prem, nav, ill kickplates, tint,trunk mat, three free service.

IS THIS GOOD ,BAD OR AVERAGE? Thanks.

ssgmike

Picked mine up yesterday $428.00 15K miles 39 months $2400 down oil change tire rotation included for length of lease G37x Premium, wood trim, trunk mat, net NJ dealer very knowedgeable and facility pleasant to deal with on phone and net. The NAV would have been $42 more a month not worth it. use a portable GPS

kdshapiro

Can I ask what dealer and what was the msrp and cap cost reduction?

ssgmike

cap cost reduction $2230.00

the adjusted gross cost 37,782.49 MSRP $ 40,990.00

Fette infiniti

kdshapiro

Thank you mike. I went to ray catena infinity g35x premium, nav, mats other stuff. Msrp $42.5. With $1000 dealer cash the dropped the price to $39.5. I'm thinking I can do better. Maybe $38.

ssgmike

Personally do yourself a favor contact at Fette Infiniti they are really professional and an excellent rating before you make a decision. I also received 36 monts free oil changes

Check ratings of all car dealers and reviews at http://www.dealerrater.com/.

kdshapiro

Ratings are way good on Fette, the only problem is the location from where I am located. Almost a 50 mile drive. I'm mulling over the options but was also thinking about the es350.

ssgmike

50 miles is a lot it was 25 for me but allowed my wife and I to go to diner and fill up with cheaper NJ gas. Am in Staten island. No comparison between Infiniti G37x and Lexus es350, G37x all the way. But either way you or anyone has to do what is best for them.Good luck

kdshapiro

I'll post back I want the Infiniti but ii think there is an artificial demand created by the unfortunate issues in Japan.

ssgmike

Fette had quit a lot of various models of the infiniti line, as I assume other large dealers do. Artificial demand do not think so. Demand yes due to the quality of the line, etc. For it's class of car the G37x has no competition at it's price, that is my opinion

kivowitz

I'm posting this message a little late being that I picked up my car just over 2 months ago. I'm located in Central New Jersey and went to a large Infiniti dealer in my area. Here's what I picked up and what I was able to get it for..

2011 Infiniti G37x Coupe

Exterior: Blue Slate
Interior: Stone
Shodo Aluminum

Premium Package
Navigation Package
Splash Guards
Rear Decklid Spoiler
Trunk Mat, Net, and First Aid
Wheel Locks

MSRRP: $46,320

39 month lease
12,000 miles per year

Residual Value: $29,644.80

Payment: $353.15/month + $4050 in refundable multiple security deposits (MSD's) + $1545 in 1st month's payment, document, acquisition, tax, title, tire tax, and registration fees.

I did get a quote for the car WITHOUT using MSD's which would have been $422.

cowkitty

Hi Everyone,

Just brought home a new G37x Coupe yesterday, so thought I'd post our numbers.

Location - Portland, OR

Black Infiniti G37 Coupe X
Premium
Splash Guards
Vehicle alarm impact sensor
Wheel Locks
Illuminated Kick Plates
Trunk mat/first aid kit/cargo net
Security Protection

12,000 miles / year
39 months

$2,000 down
$410 - Monthly payments

Total MSRP - $45,317
Cap Cost - 41,783

I believe the Money Factor was .0013 and the Residual % was 63%.

Hope this helps!

sewellgsm

This may have already been posted, but Infniniti is now giving all active duty personnel VPP priviledges! There are a million previous post on VPP - bottom line is you get to buy the vehicle at a set, pre-negotiated price which is invoice! You still pay for any accessories and you still have to work out a trade, but you still get any applied rates, dealer cash or rebates. So, past the word out to our armed forces members - they deserve it!

Was part of the 4th ID myself, stationed at Ft Hood back in the 90's!

mp2437

Hi guys, would greatly appreciate your input. Tried to bargain my way for this lease and think its pretty good, but not all too familiar to know if it really isn't a good deal:

MSRP 42195

Ext: Graphite Shadow
Int: Graphite Leather w/ Maple trim

Premium package
Sport package (includes splash guards & 18" aluminum alloy rims)

39 month lease $0 down = $410 taxes included. I only pay 1st month, bank fees, plates fee (not sure how much that is, I estimate ~1300-1400?)

Your thoughts?

jshalomo

I am also looking for a lease deal and am not doing as well as you. Their offer to me is:

39 months\10K per year - $375\month

$1671 - tax (due at signing)
$700 - bank fee (due at signing)
$375 - First month payment (due at signing)
$300 - DMV fees (due at signing)

$3046 total. If I absorb the tax into monthly payments, I think I would be looking at $418 per month...Is your deal for an G37x AWD coupe????