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Infiniti G37 Lease Questions

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Comments

  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Here you go, domain311. Infiniti Financial services' April buy rate lease money factor and residual value for a 39 month lease of a base 2010 G37 Sedan with 10,000 miles per year are .00186 and 63%, respectively.

    Car_man
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  • dibby11dibby11 Member Posts: 36
    edited April 2010
    In March for a 2009 G37x coupe with premium (MSRP $42625), I was offered a selling price $36625 with a money factor of 0.00195 and a residual of 58%. That was for 12k miles. I didn't bite though. I'm assumin based on your numbers if I do 12k miles the MF should be the same but the residual would be 1 or 2 percentage points higher? I wonder if I should go back with these new numbers? Good deal?

    I was offered to buy the car outright for $33625, but I was more interested in leasing. Any thoughts would be appreciated.
  • blulou1blulou1 Member Posts: 2
    Looking at a 09 G37 convertible with Premium, Nav, Sport and Tech packages.
    MSRP 53005 but they are offering it for 45295. The best I can figure is the base invoice price for the 09 is 40490 and the invoice for the all the included options is 6755 whcih makes the dealer's invoice price around 47245. So this looks like a pretty good deal although I would appreciate any other thoughts.

    I could also use the Infinity Finance lease data for this car for April. (residual, money factor). 36 or 39 months and 12 to 15k miles/month.

    Many thanks
  • domain311domain311 Member Posts: 26
    Much appreciated!
  • twincommanchetwincommanche Member Posts: 1
    edited April 2010
    Offer of 36,400 for 2010 G37x w/premium/nav/mats and net including loyalty. Seems reasonable to me. Do you have MF and res for 36 and 39 mo., 15000 mi. and 18,000 if available? Thanks.
  • hash2hash2 Member Posts: 32
    Car_Man,

    What are MF and residual for 2010 G37x for 10k/39months and 10k/36months?

    You mentioned in an earlier post that 10k/39months MF and residual for base sedan are 0.00186 and 63% but I am assuming the numbers are different for AWD.

    Also, what kind of fees on top of the negotiated selling price and taxes should I expect to pay on 2010 G37x lease? Are acquisition fee, doc fee, bank fee and TTL part of every lease or it varies by state (I will lease in Wisconsin/Illinois)? Which one of these is part of all leases and which one depends on state and is it possible to negotiate with the dealer to get any of them waived?

    Sorry for basic questions and thanks for the help. This forum is awesome.
  • garyj4garyj4 Member Posts: 6
    Hey i always financed but since i go through cars by 3 years i decided lease might b best for me

    Heres the best quote i got so far

    I am currently financing a 2008 g37 coupe so i would be trading that it for the 2010 coupe
    from the trade in they would give me 25k for the 08 coupe still owe $17000

    MSRP $45565
    negotiated $42300
    10k miles
    6000 Includes all sales tax new plates and all the fees and first payment
    would get 2000 bak out of the 8k left over from the trade in
    would be 435 monthly payment

    I do not want to put that much down even if about 1500 of that 6k is tax and everything

    and from other numbers i have heard... That monthly payment should be lower
    How should i negotiated this

    Thanks in advance
  • dallasptdallaspt Member Posts: 7
    edited April 2010
    Blulou1, I am not one of the car professionals on this site so take my advice with a grain of salt, however if i were you i would way up a few things before proceeding. Firstly, as the car is going to be 2 years old soon i would check the edmunds used car value for an 09 with low miles and the applicable options. You are going to take a hit like with any new car but the hit should be appropriate. The other thing i would point out is that you can get a 2010 with nav, premium and sports packages for invoice (approx $47,000) or at least thats what ive been quoted. Now the MSRP on the 2010 is $51,500, so its less than your 09 but do you really need the other options? I guess my point is that if you can get a similar optioned 2010 for $47,000 then i wouldnt buy a 09 for $45k, $2k doesn't seem to be enough difference for a whole years depreciation to me. If you are going to lease and be able to see out your lease term then maybe you should go for the cheaper 09 anyway.
  • iluvnewcarsiluvnewcars Member Posts: 23
    edited April 2010
    I just leased a 2010 G37x Sedan
    Premium
    Nav
    Wood trim
    Trunk mat
    Trunk net
    MSRP $ 41830
    Selling price $ 37500
    15000 miles/yr
    36 months
    $ 510/month
    No other upfront payment except 1st month.
    How did I do?
  • toe222toe222 Member Posts: 6
    Dealer in Alabama is running a lease "special" and says he is losing $23 a car he leases on this deal. G37 Journey, 39 month, 12k miles.

    MSRP: $39,747
    Sale: $37,256
    Invoice (says the manager): $36,500
    Cap Cost: $3500 down
    Residual: 59%
    MF: .001901
    Pmt: $399 (tax not included 2.5%)

    It does not sound very "special" to me, but wanted opinions before I walk which he seems to willing to let me do.
  • garyj4garyj4 Member Posts: 6
    Good Deal?

    2010 journey coupe
    Nav/Sport/Premium
    Illuminated kick plates
    Splash Guards

    10k miles per year 39 month lease
    4500 down includes All fees new plates dmv and so on
    400 monthly
    4500 cash back Since Im gettin 26k for my trade in and 17,000 is being paid off
  • iluvnewcarsiluvnewcars Member Posts: 23
    Look at my numbers. I did not put any money down for cap cost reduction. I aimost had 4500 off msrp. My lease numbers included tax too. I would renegotiate or go to another dealer.
  • garyj4garyj4 Member Posts: 6
    even though my MSRP was 46550?
  • davezz1davezz1 Member Posts: 7
    Hi Car_Man

    Im looking to lease a G37 coupe this month. id really really appreciate it if you could provide me the residuals and money factors for 3yr/36K miles and/or the best priogram 9ie 39 monts etc) for the coupes.

    Please provide them for all 3 trims as I'd like to decide the trim level based on the rates.

    Thank you so very much.

    Muni
  • csonka1csonka1 Member Posts: 11
    Car Man, I seek your advice on the following offer I received:

    '10 G37x, premium package, trunk mat/cargo net/first aid kit package
    Gross Cap cost - $43,248.33
    acq fee - $595
    Sales Tax - $1,648.33
    Cash reduction - $ 2,098.25
    Net Cap cost - $41,150.08
    Residual (63%) - $27,093.15
    Money Factor - .00246
    39 months/12k miles
    Monthly Payment - $528.31
    OTD - $3,000 (includes DMV fees, inspection, etc.)

    Thanks.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi blulou1. 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 2009 Infiniti G37 Convertible with 15,000 miles per year are .00183 and 58%, respectively.

    The numbers for an otherwise identical 39 month lease are .00201 and 57%.

    If you were to lease this car with only 12,000 miles per year, its residual values would be 1% higher.

    When negotiating your lease on this car, make sure to take advantage of the $2,000 cash incentive that is currently available on leases of it.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    You're very welcome, domain311.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hello twincommanche. Here's the information that you're looking for.

    Infiniti Financial Services' April buy rate lease money factor and residual value for a 36 month lease of a 2010 G37X Sedan with 15,000 miles per year are .00175 and 60%, respectively.

    The numbers for an otherwise identical 39 month lease are .00189 and 59%.

    15,000 miles per year is the highest mileage allowance that IFS publishes residual values for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.

    Car_man
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  • mike0815mike0815 Member Posts: 1
    2010 coupe journey

    39mo
    5000.00 down
    buying 22,000 miles a year addl..to the 10m with the lease=96,000 total
    $635.00/month all inclusive ( i live in an 8 3/8 tax area)
  • tonyrvdtonyrvd Member Posts: 5
    Hi Car_Man, A dealer in NY has offered me

    369/month for a 2010 g37xs which includes taxes and fees but not dmv cost.

    that's with 5k down and a 1k rebate for owning an infiniti sedan

    residual value 25k

    What do you think?
  • kingpcgeekkingpcgeek Member Posts: 1,051
    A. you didn't include a selling price so tough to tell if its a good deal

    B. No one here is going to know if the pricing for 32,000 a year is accurate. That's a huge amount for a lease. However you say 22k additional a year plus the 10k. You do know you can get 15k a year on a standard lease, and then add from there? Also you got a 39 month lease, you get more miles for that 3 months. A 15k lease would give you 48,750 during the terms of the lease.

    C. $5,000 down on a lease is ludicrous and a big mistake. But who knows with the huge amount of miles it might be required because IFS wouldn't finance it all. Just hope you don't total the car because you lose all of that money.

    Bottom line no one can really tell you if you got a good deal because it isn't even close to a normal lease. They only thing you can look at is how well you did on the selling price, and since you didn't include that we can't.
    2005 G35 Sedan
    2007 G35 Sedan
    2008 G37 Sedan
    2010 G37 Coupe
    2012 G37 Sedan
    2014 Q50 RWD

    2017 Q60 3.0t RWD
    2018 QX60 RWD
  • epicsurfepicsurf Member Posts: 2
    edited April 2010
    Hi Car_man

    I was offered this today and wonder if it's a good deal

    what are your thoughts on this? Residual seems a bit high.

    G37 Sedan, Premium, Sport

    MSRP $41,415
    Gross Cap Cost $38786
    Residual Value $24434.85

    36 months
    15k miles
    $599.30 (incl tax & license)
    $ 0 drive off.

    Thanks
  • blulou1blulou1 Member Posts: 2
    Thank you very much CarMan

    Unfortunately the salesman insists that the lease is calculated from the MSRP and not the base cap cost. He didn't even offer the $2000 lease special reduction. Not surprising really since the first price they offered was $3K greater than the price they listed for the identical car on their web page. As if I don't own a modem. I am tired of these games and will have to look for something else. Guess they figure someone else will buy the car. Again many thanks
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi hash2. Infiniti Financial Services' April buy rate lease money factor and residual value for a 36 month lease of a 2010 G37X Sedan with 10,000 miles per year are .00175 and 62%, respectively.

    The numbers for an otherwise identical 39 month lease are .00189 and 61%.

    IFS charges a $595 acquisition fee, aka bank fee, on every vehicle that it leases. In addition to that, you will have to pay whatever tax, title, and license fees that your state levies. The doc fee is between you and the dealer. It's really nothing more than a way for them to pad your deal.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Here's the information that you're looking for, Muni. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 G37 Coupe with 12,000 miles per year are .00175 and 67%, respectively. The numbers for an otherwise identical 39 month lease are .00186 and 66%.

    The money factors are the same for all trim levels of this car (except for the AWD), but its residual values are 62% / 61% for the '10 G37 Coupe Journey and 65% / 64% for the '10 G37 Coupe Sport.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi csonka1. The first thing that I noticed about this offer is that the money factor that you are being charged is too high. Assuming that you qualify for Infiniti Financial Services' top credit tier, its buy rate lease money factor for a 39 month lease of a 2010 G37X Sedan should be only .00189. Make sure that the dealer uses this factor to calculate your car's monthly payment.

    It is fantastic that you know what this car's selling price is, however it is a little more difficult for me to give you my opinion on this aspect of your deal because you never mentioned what its full MSRP is, so I don't have anything to compare it to.If you let me know what the MSRP is, I'll tell you what I think.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hello tonyrvd. The first thing that I noticed about this deal is the large down payment that you are being asked to make. I always advise consumers not to make down payments on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your car's monthly payment will be higher, you will be much safer going with a zero down lease instead of one with $5,000 down.

    I would be happy to give you my opinion on the payment that you were quoted, but it would be much easier for me to do so if you were able to provide me with this car's MSRP and selling price first. 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 being given and in turn whether there is any room left to negotiate.

    Let me know and I'll tell you what I think.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Greetings epicsurf. Let's take a look at this deal. The car that you're interested in, a 2010 Infiniti G37 Sedan Sport probably has a spread of around $3,400 between its full MSRP and its dealer invoice price. You were quoted a discount of $2,629 on it, or around $770 over invoice. That wouldn't have been that bad during the first half of the month, but Infiniti recently introduced a $500 bonus cash incentive on this car. Adding that cash to your deal makes your selling price really around $1,271 over invoice.

    See if you can get them to knock the $500 off of your car's price and make sure that the dealer uses Infiniti Financial Services' buy rate lease money factor of .00173 and then you're in business.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    You're very welcome, blulou1.

    Car_man
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  • epicsurfepicsurf Member Posts: 2
    Will do.... Thanks!
  • csonka1csonka1 Member Posts: 11
    Car Man, thank you for your reply. The vehicle I provided the info on is a G37x Coupe, not a Sedan. I am sorry I was not clear about that in the body of my post as I only mentioned that in the title of my post.

    What is the buy rate lease money factor for 39 months on the G37x Coupe w/ the Premium Package?

    Also, per your request, the original MSRP is $43,005.00.

    I am anxious to know what you think about the offer as I am looking to make a deal in the coming week if the numbers come in fair. Also, I do have $1,000 lease loyalty coming that would be used toward the $3,000 down payment so I was told by the dealer that the documents would show a $3,000 down payment but I would only have to come up w/ $2,000 for the OTD.

    Thank you,
    Csonka1
  • csonka1csonka1 Member Posts: 11
    Car Man, please note in my original post I stated the money factor I was provided by the dealer is .00246 but the dealer also provided a buy factor of .00205 which may be what the dealer used for determination of the lease terms offered. I am adding this to my earlier reply to you from today w/ the other info you requested so you have a more complete picture of the offer.

    Thanks again for your assistance.

    Csonka1
  • wa9857wa9857 Member Posts: 4
    Looking to lease a new 2009 G37 sedan Journey with premium pkg. The dealer quote-48 month/15k miles/44% residual/.00138 money factor/MSRP $37405/Invoice $34450

    1. Are these accurate?
    2. Is it unreasonable to think I could get this for $32000 (car was purchased by dealer over 320 days ago)
    3. Any holdbacks or incentives?
    4. Is the money factor ever negotiable?
    5. How accurate are the 'true market values'?

    Thanks in advance
  • fpinhofpinho Member Posts: 58
    Hi All,

    1. Could someone please tell me the Residual & M/F for a 39 month lease of a 2010 - G37X sedan with 10K miles per year.

    2. What is the total loyalty available on the 2010 G37X Sedan is it 1K or 1.5K?

    3. How come dealers have a different price for buy vs. lease? Is it because they get less money from infiniti when its a lease vs. a buy?

    I have this example from a dealer I found in VA:

    MSRP $41,815 and to buy they would sell for $36,183 still waiting for the lease price from the dealer.

    Thank you .....
  • tonyrvdtonyrvd Member Posts: 5
    Hi Car_man

    thanks for the reply. Here is all the info I have, I dont have the exact numbers in front of me but the values below are with 50 bucks or so.

    The vehicle MSRP (G37xs, Nav) was Calculated to be 42,700 and the negotiated value was 39,200. I am putting down a $5,000 down payment which includes taxes. The only other fee I have to cover is the DMV fee. I don't know if any other dealer fee was included in the down payment or was waived. I am also getting a $1000 loyalty discount. My monthly payments are $369, 39 months.

    Also the dealer said that any add on like the aerodynamics kit will have to be paid in addition at full value, but I feel like they can "throw those in"? What do you think?
  • axjoke1axjoke1 Member Posts: 11
    Just starting to consider leases (had always been a buy guy). Are the residual values applied to the MSRP, invoice or negotiated price?

    Also why are the residuals so much higher for coups vs sedans?

    Much thanks!
  • infinitigatorinfinitigator Member Posts: 10
    Hi:

    Is this available for leases too? If so, do you know the expiration date?

    Didn't see it on the incentives page. Thanks!
  • kpngrlfdhappy1kpngrlfdhappy1 Member Posts: 2
    I'm in NY area. Found a car I like. 2010 G37X sedan. ~ 42400 List with packages. 39 mo lease/15k. Typical MF .00189. 25000 RV, 59%..

    ~$1800 Inception fees. Quote ~$525 month I wouldn't mind reducing a bit.

    Comments about good, bad or ugly? Car Man or anyone?
    In put much appreciateed. Thanks guys.
  • davezz1davezz1 Member Posts: 7
    Car_Man,

    Thank you so much for the information on the lease rates. I pulled the trigger on a base G37 coupe, leased it for 3yrs/12K miles a year.

    Here are the details:

    M.S.R.P. $36915
    Selling Price $33752
    Drive off; $1000 (included dmv fee & first month payment0
    Money Factor: .00085 (after 9 security deposits i.e. 0.00175 - 0.00090)
    Acquisition Fee: $595
    Refundable Security Deposit: $3150
    Monthly Payment: $341 includes 8.25% Ventura County Tax
  • lexiconlexicon Member Posts: 7
    edited April 2010
    Okay deal?

    Lease 39 month/10K year

    2010 G37 Sedan Journey / Prem / Nav

    Here are the details:

    M.S.R.P. $39315
    Sales Price: I think it was $36,100 - $36,200
    Down Payment: $800
    Money Factor: .00195
    Acquisition Fee: N/A
    Check Back: $1000 for current car

    Monthly Payment: $519 includes 6.50% Tax
  • fpinhofpinho Member Posts: 58
    Hi Could someone help me calculate this lease I live in NJ but getting the car in Maryland.

    G37X Sedan 2010
    MSRP - 42730.00
    Negotiated Price: 37500.00

    Terms 36 Months 10K Miles per year

    Want to put 7 multiple security deposits and roll in the 595.00 Bank Fee and Taxes the DMV & 1st month I will pay at inception.

    NJ Sales Tax = 7%

    They will give me 17,000.00 for my trade which I owe 15K they will give me a check for 2K or so.

    In NJ you get credit for sales tax paid on a trade in so how much will I save in Tax I dont know how to calculate this ....

    Thank you .....
  • jay161jay161 Member Posts: 1
    I am searching for the best lease in New Jersey for a 2010 G37 sedan with no navigation 39 months, inceptions only, 12k miles per year. Which dealer did it come from? Thank you
  • m34lnchm34lnch Member Posts: 9
    Hi Mr. Car_Man

    Is there a bonus cash incentive on the 2010 Infiniti G37 Coupe Sport 6MT? Or the Coupe Base or Journey?

    If Car_Man doesn't get to this in the next couple of days, can anyone else speak to this? :shades:

    Thanks
    SilverBulletCA
  • wa9857wa9857 Member Posts: 4
    update...
    Dealer offer;

    $33500 price

    $375.00 lic/doc fee

    $595 bank fee

    Total inceptions fees (1st month payment & lic/doc fee)= $854.16 (out of pocket)

    Money factor .00138

    $437.19 + tax ($41.97)= $479.16 Good deal? I'ld like to get the price down to $33k. Anyone?
  • csonka1csonka1 Member Posts: 11
    Does anyone know Infiniti Financial Services' current buy rate lease money factor for a 2010 G37x coupe on a 36 and a 39 month lease at 10k or 12k per year? I need to know asap please.

    Thanks.
  • beichhornbeichhorn Member Posts: 20
    G37x w/Premium / Nav / Maple
    MSRP 41,830
    39 month / 15k lease
    Lease Cap cost $37,739.46
    1st Month / Bank Fee / MV Fees / Docs / Security depost = $1720 + 10 Multiple Security Deposits @ $450.
    $399 / month
  • kdd1kdd1 Member Posts: 2
    You can find the information on RIDE with G.Google it.
    kdd1
  • iluvnewcarsiluvnewcars Member Posts: 23
    I think you should be able to get this car without any inception fees at all. Just first month payment ( 525 ) at inception for 15k miles/year.
  • domain311domain311 Member Posts: 26
    Anyone know the MF and residual for a 2010 sedan 6MT for this month? Also 39 month 10k miles...
  • lasailorlasailor Member Posts: 12
    Just leased in Southern California (Glendale) with these numbers:

    MSRP: $36,915
    Invoice: $34,170
    Negotiated Cap: $33,170
    Acquisition fee: $595
    Gross cap: $33765
    MF: .00085 (put down 9 security deposits of $350 each)
    residual: $25,102
    registration: $468
    Paid at signing: security deposits + first month + registration
    Total out of pocket: $4011 ($3150 refundable deposits)
    Monthly payment: $319.01 (including 9.75% tax)
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