Infiniti G37 Lease Questions

btroydel

Definitely find out the Resid and MF from the dealer. It will make your salesman realize you know what you're talking about. It might be tough to really negotiate the net cap price on that car because of the specific packages you want.

Overall the price seems a little on the high side, despite the small down payment. I would be aggressive and use the multiple dealership/ladder approach. Get a little better price from each dealership and when each one asks you when you can come in or what they can do to get you to come in you just keep telling them you have a better offer and keep inching at it.

I got my lease on 09 g37x prem nav from 2500 down and 498 a month to 2500 down and 430 a month, as well as negotiating them to give me $3K more for my trade in than originally quoted. All I did was call up 4 dealerships and worked the system. good luck.

sheeed

infiniti of englewood was offering 8500 of msrp on 2009 g37s...with the lease calculator i was getting AN AMAZING number...had to be incorrect lol

8500 of worked out to a selling price of about 36400 and the dealer said I could use MSD's...im going to see him tommorow...[non-permissible content removed] even with ur cap cost i could get a great deal using MSD's

CarMan@Edmunds

You're very welcome, coop73.

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CarMan@Edmunds

Hi lwv. Here's the information that you're looking for. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 G37 Sedan Journey 2WD with 15,000 miles per year are .00173 and 59%, respectively for consumers who qualify for its top credit tier.

The residual value for a lease with only 12,000 miles per year is 1% higher.

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CarMan@Edmunds

Hello clsmooth. Infiniti's lease program varies by term and mileage allowance. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different.

Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a base 2010 G37 Coupe with 15,000 miles per year are .00202 and 65%, respectively for consumers who qualify for its top credit tier.

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CarMan@Edmunds

Here you go, gusbuf. Infiniti Financial Services' March buy rate lease money factor and residual value for a 36 month lease of a 2010 G37X Sedan with 12,000 miles per year are .00175 and 61%, respectively for consumers who qualify for its top credit tier. The numbers for an otherwise identical 39 month lease are .00189 and 60%.

IFS' 36 month, 12k numbers for the '09 G37X Sedan are .00105 and 56%. Its 39 month numbers are .00125 and 55%.

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CarMan@Edmunds

Hi rm5001. Here's the info that you're interested in. Infiniti Financial Services' March buy rate lease money factor and residual value for a 36 month lease of a 2010 G37 Sedan Journey 2WD with 15,000 miles per year are .00173 and 59%, respectively for consumers who qualify for its top credit tier.

Other than $1,000 for loyal customers, I do not believe that Infiniti is currently providing any cash incentives on leases of this model.

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CarMan@Edmunds

Hi jpr51. To me, the best way to tell if a lease is a good deal is to look at the MSRP and selling price of the car that you are considering leasing. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without these numbers, it is difficult to tell how large a dealer discount you are bring given and if there is any room left to negotiate.

You already mentioned the MSRP, so just let us know what the selling price is and I'm sure that either myself or another knowledgeable community member will gladly tell you what they think.

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CarMan@Edmunds

Hi valueguy. I'm not Sewell, but I can help you out. Infiniti is currently providing a total of $3,500 dealer cash on purchases or $1,000 plus special money factors on leases of the 2009 G37 Sedan.

You can also choose to finance this car through IFS at 0% for 3 years, 1.9% for 4our to five years, or 3.9% or 6 years plus the $1,000 cash.

It's difficult to say what Infiniti's incentives will be like on leftover 2010 models at the start of the next model year. I personally don't see any reason why they would be any different than Infiniti's offers on leftover '09s right now, but that's a long time from now. A lot will depend upon what sales are like and how Nissan manages its production.

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btroydel

I also managed to get $3K more for my iS trade-in than they originally quoted. So the swing went from -$500 to $5K in my favor.

sewellgsm

09 Sedan

Purchase: $1000 + special rates OR $3500
Lease: $1000

Yes, eventually the 2010 will have the same type of offers (they slowly get better all the time).

If buying - I would lean to the 10...if leasing I would get the 09.

rm5001

Thanks, Car_man for providing current lease rates.

awd250

I got mine for 36,099 with navi, msrp was 42,xxx. 448 a month nothing down

holmanmeister

Anyone have numbers on what they paid for a 09 or 10 g37x Coupe loaded?

Thanks,

Ashley

btroydel

see my post

09 G37x coupe prem nav 2500 down 430/mo 39/12K

clsmooth

thanks car man. does the residual value differ at all based on the packages the car has? for example G37 6MT with nav vs without. does it have the same residual value??

holmanmeister

What did u pay for the car? I found one where I live that is exactly what I want, but I want to know the deals people are getting... Thanks

-Ashley

g2369

Thanks for the numbers.

Do you have the March money factor and residuals for a 2009 G37s Convertible?

36/15K

btroydel

net cap cost 39,040
resid 59%
money factor .00175
msrp 44,700 ish

That all comes out to around 436/mo, and from there I started negotiating between a couple dealers for the best $ on my trade-in and a lower monthly. I ended up getting 430, so really, the net cap is lower than 39,040, but once I got my 435 ballpark I just negotiated straight monthly from there.

btroydel

is that a coupe or sedan?

jpr51

car man, thanks for your reply. The msrp was$39,400 - the selling price was 35,700 including $1000 loyalty. Thanks for your time- I really appreciate it

jsavo

Hi All,
Thanks for a very useful forum.
Requesting comments on the following offer:

'09 G37 Sedan, Sport/Nav/Premium
41,375 MSRP
36,139 Sell

Lease is 39 months / 12k/yr., 53% residual
$519/mo.
MF not provided and I have no previous lease loyalty.

Can I do better ?

Thanks,

holmanmeister

I don't know much about how leases work... but I was originally looking at a GTI thinking I couldn't afford a G37... so why does it seem like people here are getting a 40k car for the price people are leasig GTI's for?? Does it just depend on money factors and whatever.

Thanks for your help.

btroydel

Make sure the resid is right on that, I think it might be 55%.
definitely get the MF
do you have a down payment?

To answer your question you can definitely do better, in my opinion. Let me know about the above.

jsavo

Thanks,
No money down, first month.
.00113 MF.

kris301

I am wondering what the credit tiers are and corresponding MF's are on a 2010 G37x for 39 months? I have seen the top tier numbers, but what score ranges constitute tier 0, 1, 2, 3? And how do these MF numbers change. I want to make sure I go into dealer prepared...

gforce11

Leases depend on three things; Residual Value, Money Factor and the Cap Cost (Sale Price). The cheapest leases come from cars that have the highest residual, lowest money factor and the a low negotiated sale price.

g2369

Can the $1500 manufactures cash be applied to a lease for 2010 G37s coupe (6mt)?

rlbjr2

So what would be the best way to order a car for a lease? Should I just finalize the purchase price at the time of order and then just plug in the residual and MF of the month that I pick up the car? I would like to get everything in writing before hand to prevent any surprises. Does this sound reasonable? Do you think residuals and MF's will change much over the next few months? I am planning on ordering a 2010 G37 Sedan Journey w/ Sport pkg. Thanks.

zxed

dealers claim that they get different incentives for purchase vs lease.... there might be very little truth to that... a friend who does work as a dealer states that in the grand scheme of things it doesn't matter... however., when a vehicle is sold it counts towards a different tally versus a vehicle leased... some dealers will "sell" (purchases) at a loss just to get bigger sales numbers as that equals bigger kickbacks/bonuses from manufacturer.... anyway.

for my lease. i was $200 below invoice... not that great of a deal,. but they gave me a good $ amount on my trade in, so i took it., Mf's and % can change on a per week base... even though advertised MF's and %'s remain valid for the time advertised.

sewellgsm

Since incentives change (and they usually get better), we agree with the customer a discount or amount over invoice then apply all incentives that exist at the time the vehicle arrives.

sewellgsm

There are different incentives if you lease vs purchase - that is a fact. Infiniti does not care if the dealer leases or sells the vehicle - it all counts the same. The reason the incentives are different is that Infiniti puts much of the cash incentive into the residual and money factor as oppose to straight cash. In the end, Infiniti does not know if they come out better or worse until the lease is up and they sell the vehicle at the auction - then they know....

If you like getting a new vehicle every 2-4 yrs - leasing is the way to go, in my opinion!

rlbjr2

Thanks. I was thinking of proposing $500 over invoice minus any incentives at time of pick up, base MF rate minus 9 MSD's, and the IFS residual. Is $500 over invoice minus any incentives a fair price? I'm in Northern NJ if that matters and will probably be ordering the car early April. Would a dealer put the agreed upon terms in writing?

mkenny

39 months
10k miles
42,380 MSRP
39,008 sale price
1k loyalty
1k down
61% residual
.002 MF
432/month plus sales tax (5.1%)

Any room here?

awd250

39 months
10k miles
42,380 MSRP
39,008 sale price
1k loyalty
1k down
61% residual
.002 MF
432/month plus sales tax (5.1%)

I get 411.78

mkenny

ahhh.. I ran it in the calc as well.... $743 in fees buried in here. I should be able to shave those, yes?

Thoughts on the sale price MF and residual?

mkenny

Hi everyone, please let me know how this looks. I have $740 in fees to investigate which is why i haven't listedthe monthly rate but please let me know your thoughts on the sale price, residual, and money factor. Thank you, awd250, for red flagging the fees!

39 months
10k miles
42,380 MSRP
39,008 sale price
61% residual
.002 MF

Thanks

radbluejay1

Hey, I was trying to negotiate a lease on an '09 g37x sedan, no nav. The dealer is telling me they cannot come down to the TMV price of the vehicle because it is a lease, and the only incentives are the MF and residual. There is only one dealer in my area. Has anyone else basically experienced a dealer not willing to negotiate the sale price of the vehicle because it's a lease? My understanding is that sale price is always negotiable, regardless of whether leasing or buying... the whole thing just seems odd to me. The best lease payment, assuming 2k down, that I was quoted was mid-400's (not incl tax). No trade.

baker1j

I got the exact car you are mentioning, an 09 G37x sedan, no nav, but with Premium Package - no other options or packages. How many miles are you looking for? Mine was 10K miles per year, 39 months....$449 per month, zero out of pocket at signing, only first month plus DMV. They still need to move the 09s out...and I was told the incentives they are getting from Infiniti are still good on the 09s...good luck.

skiguru

w/ Navigation

Purchase Price $35,492 (VPP)
48 Months
15000 Miles
MF = .00255
~$13,700 at signing (including trade-in)
$183/month + Tax

Is this a good deal? Feel like I might be getting played...

vulches

Generally, you want to put as close to nothing down as possible. If you total the car the next day insurance will only pay off your lease and you'll be out that fat down payment.

mkenny

Greetings,

Can you please share the March top tier credit numbers for:

2010 G37x Nav, Premium, Wood trim
39 months and 36 months
10k miles

Thank you

kofe

G37 2010, navigation/camera package
36 months lease at 12K per year
Selling price $35900 (MSRP - 39900)
-$1000 loyalty
$1200 drive off (including first month, registration, etc)
$461 per month

Is that a good deal or still some room for negotiation?

mkenny

Hi all just want to share a lease I'll finalize Wednesday:

39 months 10k miles
2010 g37x graphite shadow / graphite leather nav, premium, wood trim
41660 MSRP
36878 Sale price (VPP)
1k loyalty
Infiniti pays last two months of current lease (792 total; 500 from Infiniti 292 from Dealer)
61% residual
.00189 Money Factor

Drive off = First Month plus DMV (approximately $700)

$427.29 / month

Good Luck everyone!

awd250

that's a awsome deal! I assume plus tax?

mkenny

No - $427 / month with tax included! Ends up being $579 at signing. Second time leasing through International Infiniti in Milwaukee area.

CarMan@Edmunds

No problem, rm5001.

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CarMan@Edmunds

You're welcome, clsmooth. While the addition of navigation does often have an impact upon vehicles' residual values it does not on leases through Infiniti Financial Services.

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clsmooth

thank you car man

awd250

how does it go up to 579 a month at signing?

A capitalized costs 36,878.00
B msrp 41,660.00
C residual 61%
D money factor 0.00189
E term 39 39

F f=b*c) residual 25,412.60
G g=(a-f)/e) depreciation / month 339 293.98
H h=d*(a+f)) financing cost / month 74 117.729234
I i=g+h) Total Monthly Payment 413 411.71
plus your state tax %