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Comments
Looking to buy an 08 G35S Prem/Nav/Tech but will consider 07 if price is good enough (even though I would love to know about the Nav/Tech upgrades, as well as have the iPod interface and Driver surround)
Thanks in advance.
Tyler
Also, I do not have any "confirmation" but I'm betting that the nav and tech packages will change to match those on the G37 coupe shown now on the website. (e.g., nav package gets backup camera, etc.)
I've heard quite a few unhappy stories about Crest, but I don't know if Sewell is much better. In the end, I'm going to wind up at the dealership that accepts my VPP if that turns out to be the best route to go.
Anybody got anything on this? I really do want opinions and experiences.
My advice would be to send e-mails to the "internet department" or salesperson and each dealership in a wide range from your home. See who answers up quick and who does not. After the first contact ask them if they have a "doc" fee and what is it, ask them if they mark up lease/loan money and if so by how much. I would eliminate any that mark up the money and/or have a high fee. Surely you could find some that are reasonable in these areas, then start working on them with price. I makes no sense to get a good price then have them stick $500 doc fee and $1k or side sticker stuff (mop and glow) then jack up the rates too.
Dennis
If you are paying cash or financing the future value of the 08 will always be more. If doing a lease, it may not make much difference - except the residual on the 07 will be less, so if you wanted to do a lease then buy the 07 would be cheaper overall.
Dennis
Thanks
Dennis
Am I missing something or should both lease quotes be exactly the same?
- Confused
So when shopping for a VPP dealer you need to ask:
1) Do you accept a VPP claim code on the car I want?
2) How much do you charge for a doc or prep fee, if anything?
3) Are there any dealer installed options on the car I want that I will have to pay for?
4) Do you mark up the lease acquisition fee and/or lease money factor on IFS leases?
The hassle IS out of the car price, you simply need to find a dealer that will answer these questions in a favorable manner. For example, my local dealer does accept VPP but charges nearly $500 for a doc fee, loads up every car with over $1k of side-sticker "options", and marks up the lease money factors by a large amount. Getting a VPP "deal" from them is a WORSE deal than paying a good chunk over invoice someplace else.
Dennis
3 years, 12 K miles, $900 drive-off
Cap Cost: 36073
Residual: 22164
Monthly payment (after-tax) = $557
Are these terms decent, or do you think I can get a much more attractive quote post-G37 release?
Thanks!
It is for Nissan/Infiniti employees, their families, and their friends - and also for "business partners" of Nissan/Infiniti.
Explained here on this Nissan page
It is a pre-negotiated price that comes out on a G to be between about $260 and $290 over invoice. You also get any rebates, dealer incentives, and special lease/loan money.
It would be hard to get a sedan for that price in most parts of the country, so the VPP plan saves you money and time and trouble of negotiating. The 07 coupes should be selling/leasing for LESS than the VPP price so you are better off doing your own deal. G37s will not be available at VPP pricing until the sales cool down on the new model.
If you don't know anyone that works for Nissan and you don't work for one of the companies on the list, then you can't get VPP pricing.
Dennis
Doesn't the 2007 car already have an MP3 playback feature?
I'm trying to decide whether to buy a 2007 or wait for the 2008. I would like to play my Ipod through the sound system.
Bye the bye, does anyone have an opinion on what to pay for a new 2007 over invoice. The first price I got was about halfway between mslp and invoice, about $1750 over invoice.
Am I hearing that I should shoot for about $500+?
I am paying 279/mo for my current G35, I am really not into cars, need a car that looks great, for cheap, lol, so I am not committed to Infiniti, could go Lexus/BMW etc. What ever is a good value any tips would be great!
Can anyone suggest me where should I sell my used 06 G35 coupe with 16K miles..
Any websites that you can recommend? I believe dealers wont pay me the right price.
anujsharma10@yahoo.com
A few hundred over invoice, but at this point, that's just quibbling, I guess.
What fees should I expect so they don't pull one over on me?
Taxes (7% for where I am - NJ), $7.25 tire fees, and how much are lic and reg?
Regarding lease fees...
Acquisition Fee = $595
Security deposit = Payment + tax rounded to the next whole $25 or $50 (not sure which). May be waived in exchange for a money factor bump.
Doc. fee = no more than $295
Be sure to ask for the money factor buy rate sometimes called base rate (i.e., money factor with 0% reserves)
Reserves are similar to points paid on mortgage loans. The dealer is compensated for writing the lease at a higher money factor. For example, 0.00210 + 1% reserves means a 0.00210 money factor but the dealer is compensated 1% of the adjusted cap cost (excluding acquisition fee). The 1% reserve comes from you which is embedded in the higher money factor. The buy rate may be only, say, 0.00193.
License and registration fees will depend on your state. I have no idea what each state charges. Check with you state's BMV.
Hope this helps.
John
The car can play back MP3s either on a CD-R are on a CF memory card via the slot in the dash. There is also a hard drive "jukebox" you can load up with more MP3s. Some of this is not available on non-premium pack cars, but I would not get one of those
I would guess $500-1000 over invoice including dealer fees would be a good price for a SEDAN.
Dennis
If you wanted to pursue this, then go shop for a new G at the Infiniti dealer and see if you like them and if you can get something to match your payment (it would be pretty stripped or a LONG lease to come in so cheap). If you get a good price and good lease terms THEN mention the early end of lease deal they offered you. If it is on the level, your price for the new car will not change - no more per month and no more out of pocket. If suddenly the terms change, then you know they were just planning on rolling all the fees and stuff into the new lease and hiding it from you.
Dennis
Dennis
You should clarify this is on 07 COUPES only. No dealer money that I have seen right now on 07 SEDANS.
Dennis
Have to wait a couple days for them to acquire it but not in a rush, anyway.
Without knowing that I can't say for sure, but based on $8k up front in trade/money and a long 42 month lease, $419 a month sounds high. But again, you have to see what you paid for the car to know.
Dennis
Did the deal I posted a few posts above sound reasonable? Would like to make a decision soon and wanted to get an informed second opinion. Thanks!
That's $1198 over invoice, around here (so cal) you should be abke to knock another $300-$500 off if it's on their lot based on the offers I've had accepted (probably closing tonight).
Without knowing your tax rate your payment looks inline with the numbers I know for a 36/12k (it would be ~$550 here with 8.25% tax) but you should still try for another couple hundred off, maybe save you $10 a month.
Also I'm still trying to find out what the buy rate MF is for a 39 month lease but you should check on that instead of a 36 month, I'm almost sure the terms are better based on what I've been offered for that period (like $20 bucks a month less than the 36 month lease in my case) so look into that.
Do post what the MSRP, MF and tax rate is, that way someone can tell you for sure how your deal is.
Paying between $500 and $1,000 over invoice for a sedan (including dealer doc or prep fee) would be a good deal - along with getting the "buy rate" on the lease.
Dennis
The SHUFFLE is the ipod that would not work in most any car stereo system for control as it lacks the docking connector. I typed NANO by mistake, which does have the proper connector. Any second generation or newer ipod including the video ipods and the nano should work - any that have the standard docking connector on them. Just the really old models and the little shuffles would be excluded.
Sorry for the mistake.
This is speculation as the new G is not out yet, but other OEM and aftermarket systems have the same connector and the same list of what will and will not work.
Dennis
MSRP 07' Sport A5 Sedan = $37,115.00
* Premium Package = $2,350
* Rear Spoiler = $550
* Trunk Cargo Net = $50
Edmunds shows TMV = $36,727.00
Dealer Invoice = $33,977.00
Agreed Upon Value = $34,980.09
* 12k/yr miles
* 39 month lease
* MF (Estimated - 0.0021)
Residual Factor = 55%
Residual Value = $20,413.25
Acquistion Fee = $595
State tax 4.72%
Down Payment of $2,435.97
Monthly w/o tax= $438.76
Monthly w/tax= $460
Is this a good deal? :confuse:
Looks like you're about $1,000 over invoice. Actually, I show the invoice to be $34,014 and TMV = 35,735 in my region which may be different that your's. I'm in Ohio. Don't know what market conditions exist in your region; but it seems you should be able to get this sedan for $300 - $500 over invoice.
I have no idea what you mean by a $2,435.97 down payment. What is the breakdown? Does this include a dealer doc fee? I hope you're not putting money down (i.e., cap reduction). If the money factor is 0.0021, it looks as though you're putting money down. Money down is bad for two reasons (1) a car is a depreciating asset and (2) if you total the car, it's very unlikely that you'll recover your down payment. Keep in mind that DOWN PAYMENT = CAP REDUCTION and DOES NOT include 1st payment, fees, security deposit, etc.
My best guess is 2435.97 = 459.47 + 475 + 595 + 906...
where
459.47 = payment w/tax
475 = security deposit
595 = acq. fee
906 = ???
You also need to get the exact money factor. Estimates are no good and don't cut it. The acquisition fee of $595 is correct.
Good deal? I doubt it. I'm very concerned about the $2,435.97. Here is what I need...
Adjusted cap cost
Money Factor
$2,435.97 breakdown (itemization)
Basically, I need more precise and detailed information in order to comment intelligently.
John
I followed your previous examples and created a spreadsheet and from my memory the MF was 0.0021. The TMV is what I got for my region (Hawaii) as for the $2,435.97 it was the remaining balance after fees from the $3500 down we had to put. At the time I didnt know putting a DOWN = Cap Reduction was a bad thing. Should of read the forum first.
MSRP 07' Sport A5 Sedan = $37,115.00
* Premium Package = $2,350
* Rear Spoiler = $550
* Trunk Cargo Net = $50
Edmunds shows TMV = $36,727.00
Dealer Invoice = $33,977.00
Adjusted cap cost: $33,139.12
MF = 0.0021
Residual Factor: 55%
$3500 Up Front
- $295 doc
- $114 tax (4.17%)
- $194.25 license
- $460 (First payment
- ???? Not sure what else there was as I dont have the info with me right now
Cap Reduction = $2,435.97
Final came out to be $460/month with all taxes and fees.
You have almost a $2500 cap reduction, yet your adjusted cap is only $800 below invoice. This is a very bad deal. Send me an email or provide your email address and I will send you a lease proposal.
John
I still don't quite understand why its a bad deal? I want to learn from this experience.
TMV prices the car as $36,727 and the dealer invoice shows up as $33,977. We talked the car down to $34,980.09 which is about $1000 over dealer cost? Did I get raped on the LEASE side of the house? Im confused. If you could explain it please do. Thanks a bunch!
-blkcamarozr28
Did you get my email?
John
Dennis
John
Thanks.
I think they were talking about the '07 coupe not the sedan.
Of course, with the 08 sedans arriving soon I would not over pay for an 07 no matter where I lived.
The COUPES (only at this time) have a $1,500 dealer incentive on them.
Dennis
Dennis