can anyone tell me whats the lowest a dealer, or a average monthly payment for a 06 G35 Coupe with premium and navigation, for 24 months with 15k miles/year? If the dealer is asking for 3k upfront including all taxes and fee's for 550 a month, you think its a good deal? I spoke with another guy and he offered me 529. How low do you think they can go?
Lease on 2006 G35 Sedan A/T Prem Pack B, Sport w/ Navi
MSRP 38080 Cap cost 35077 Residual 56% money factor .00101 39 month lease 12k miles $806.00 drive off (1st month and DMV) $460.00 per month tax included
Sounds good but I want to make sure this is a good deal or if I can get better. Thanks for any input.
I just signed for my G35X tonight (I got a little better deal than I what I described up above, and went with the 39 months). In my case, going from 36 months to 39 months actually saved me money in that the 39 monthly payment cost $31 less than the 36 monthly payment (i.e. 36 x payment > 39 x payment). This was due to a drop in money factor when going with the 39.
My cap cost was comparable to yours, $400 over invoice. The money factor for my 39 month lease was .00093. By my calculations, this would save you another $5 a month.
Is it possible to get a 06 coupe w/ premium package for below invoice right now? I've read where people are getting them at $500-700 below invoice. I know that carsdirect price is at invoice right now. I'm thinking that we can do at least another $500 better than that. I'm in SoCal and want to do the 12month/12k lease program on this car. If anyone in there area who got a great deal can recommend a particular dealership/salesperson, I would appreciate it. Thanks.
However, using those numbers and 83% resdiual and 0.00149 money factor for the 12K/12month lease program, I come up with $366. How is the dealer coming up with that number? Any advice? Are they adding something more to the price I'm not aware of? Are the residual and money factor correct for this lease program right now?
I am looking to lease 2006 g35X. The car has: premium package C Rose wood trim Xm radio
The dealer here in Madison, Wisconsin quoted me a no down payment and 713 due at signing includes first month payment and govt fees. The monthly payment would be $526 including taxes on a 24 months/15000miles lease. The Msrp on the car is $38050. The sell price is somewhere around $500 over invoice as the dealer told me which I believe is somewhere between 34500 - 35000. The residual value is 66%. Is it too much? Should I go to another dealer?
Please help... I need to find out by Monday as I was going to sign it on monday.
Infiniti dealer is telling me that you can't combine $2500 dealer cash with Infiniti Financial Services special lease program, but it seems that you can when I look at other boards. Is he blowing smoke or are they mutually exclusive?
I would really appreciate if someone could help me with the following question.
Recently, I wanted to lease an Infiniti G-35 sedan from an authorized dealer. After all negotiations and agreeing on a monthly payment for 39 months, the dealer asked me to sign an array of forms. The first form that I insisted signing on was the "Signature Lease form" by Infiniti Financial Service. ON this form, were various numbers that include cap cost, my monthly payments, the amount that I would pay at the end of the lease period, and so on and so forth. These numbers seemed to be in harmony with what we had discussed, and so I was okay with this form.
Next, the dealer showed me a sales receipt form, which was specific to the Dealor and did not have anything to do with Infiniti Financial Services. On this form, again there were a bunch of numbers. The dealer had listed total cash price of the car as 34000 and at the end of the form set unpaid balance as 54000.
The dealer said that the number 54000 arrives by adding 34000 (selling price of the car) + 20000 (residual value of the car). He said that when people sign the lease, the unpaid balance is always calculated this way; on the other hand, if I were to buy the car, the unpaid balance would show as 34000. I did not want to buy this explaination, at which point, the dealer said that this form would not be necessary and the only important thing is the lease form between me and Infiniti Financial services.
Could anybody tell if this is a scam or if by not signing the above form, I would not qualify for warranty services? It would be very helpful if anyone who has recently signed the lease and signed such forms at the dealor could kindly help me with this question. It would be nice if anyone could let me know at the earliest.
I went to Sheehy Infiniti in Annapolis,MD tonight and negotiated a new G35x (MSRP=35,100 including destination) for $30,275.00 + taxes, tags, processing fee (no freight,prep)
When it came to lease they first said the lease would be based on the price I agreed to. Then they came back and said they couldn't apply the incentive of $2000 to the lease (incentive is $2500 mind you).
So then they worked the lease numbers based on the following:
CAP COST=$32075 Term=24 MOS Money Factor=.00031 MSRP=$35100 CASH DOWN=$2000 GOVT FEES (DMV,etc)=$210 TAXES=1608.65 DOC FEE=$98 SEC DEPOSIT=$450 RESIDUAL=$23166
They came up with a monthly lease price of $445.52.
To me this seemed way too high based on the numbers I have seen and the calculator on their site (does it use state tax?), as well as the calculator on leaseguide.com
Are there some hidden fees here I am missing? Appreciate your thoughts and help.
My lease proposal is above yours and the more I read on here the more I think it is too high. They cannot use the 2500 incentive on the leases so they say. That being said the sec deposit is a rip IMHO as is the doc fee...your already have the DMV fees shown.
I am waiting for tthe moderator, car man, and his opinion on the lease. He seems very knowledgeable on such matters.
Just as a point of info..I played with numbers to lease and to buy...and I would have put down 10kplus and taken a loan for 25k, 4 yrs. I also figured a 39mo, 10k, with 5k down...and amazingly all 3 figures were very close in final costs if you were to buy the car after the leases..I was shocked. I figured the money I lose in interest with cash down and the money I was paying out in the loan interest @6.47%..I have high cred score so I would get the best rates. My choice will be to lease with first mo, and dmv fees down.
However I am going to ask the dealer to make the price of the car 800 less to reduce the payment. If he does I do the deal. Based on my consumers reports number the cost of the car after their holdback is $33,168. So I need a bit more off the price.
I am thinking that Infinti might be giving dealers some incentive on the leases to move out the 2006s. I guess when I make my offer I will see if there is room to play.
2006 G35 Coupe 6MT, Premium, Nav, Aero, Splash Gaurds, and Trunk Mat. Black exterior w/ graphite interior. I scoured Chicagoland for this combo, couldn't find it and had to order it. I caved on the capital cost since the car was not on the lot and had to be transferred. Took two weeks to get here. Tomorrow I finalize the deal.
didn't you learn that.....there is no such thing as a free lunch, breakfast or car wash??...LOL....
I am getting a 2006 G35x, C prem pack...for 432 a month, 39 mo and 10k a year. I have done the figures to buy the car based on the dealers price of 32,608.00 +tax and DMV. When i do ALL the math...to buy and to lease the numbers are shockingly close so to buy the car seems to make no sense.
If I were to buy the car and put down a tad over 10k cash and take a 4 yr loan at 6.47 for the rest the interest cost would be over $3500. Not to mention the interest lost by banking the 10k@ 5.75 % which comes to approx $1900. and to pay cash for the car is really insane..on $35,000 the interest earned in 3 yrs would be $6300.
I think it really pays to lease this car with 1st mo pymnt and Dmv fees....the figures are almost identical...amazing to see that.
This might be a dumb question, but if you lease a car do you pay your state taxes based on the purchase price of the car, or us it based on the total payments you'll be making?
There are a couple of Infiniti dealerships where I live. One is advertising at 24 mth lease for $299/mth. Just wondering if this is the usual offer... I've narrowed my selection down to the TL & G35 but I still have to do a test drive to decide.
I know what you're talking about, 299/month, however the car thats on the advertisement is a base model, with absolutely no extra features and most dealerships don't carry the base model. If you're getting the G35, get the premium package its worth the money. Acura TL isn't a bad car,however once you put it next to a G35, the TL is nothing compared to it's power and handling.
I need your help guys, I have a deal on the table for a....
g35 w/ premium package C
platinum outside Spoiler will be put on.
24 month Lease 1,500 down $453 per month (includes sales tax in CA) 36,000 msrp (price without the spoiler) 32,000 selling price (rough number)(says its 500 under invoice) They're telling me that money factor is next to nothing this month for tier 1 at .00015 (i believe this is correct) I know I'm missing a few things, but does the 1500 down (includes licensing, fees, first month plus some cap reduction) and $453 per month seem about right for this car with these options??
A suggestion...Before you sign ANYTHING get all the numbers from them in writing...and then post them here. You cannot afford to be guessing or missing a few things..it is your money so be sure of everything before signing.
I just had a miserable experience with a dealer which I posted about either on this thread or the other G35 thread about buying experience. I refused delivery of the car because it was not fit to be delivered. DO NOT let the dealer confuse you or screw with the numbers. Understand everything and get it in writing. Once you sign you have little recourse...be careful and smart.
He just calculated the Bank fee into the cap cost which shows the higher monthly payemnt and less drive-off...I will pay that with the drive off and then payment should be $367/mo including 7.75 tax. Is this a great deal or what?
Hey guys, I'm new to this but have been reading some of the posts and they really helped me out when i got to the table at the dealership today. Now the decision comes. Here is what they are giving me.
-06 sedan m/t with premium package. -MSRP $35,200 -Selling price $32,030.65 (little below invoice form what i hear) -39 month lease with 15k miles -buy off $19,712 -out of pocket is $1,475 (including first month payment) -monthly payment is $403 (including NY state tax) -buy rate is .001010
Please help me out , i put a $500 deposit and i need to make a decision by monday. By the way, this is from Atlantic Infinity on Long Island NY. THANKS FOR YOUR HELP IN ADVANCE. Rob
This forum was extremely helpful for me so I wanted to post my experience. We went to the dealer prepared & had a very good experience. Info is based on 24 mth/12k mile/yr lease '06 G35, Prem C Pkg, w/NAV, Wood Trim, Platinum Metallic Invoice $38,200 Edmunds TMV report was $34,239 so we said we wouldn't pay more than that. Initial Cap Cost $34,200 Residual% .67, Val. at Lease End $25,594 Money Factor .00052 Dealer Fees (reg, acquisition, doc) $1,113 I also got $4,000 for my trade-in (CarMax tried to low ball us and offered only $2,000)
No $$$ out of pocket...they took my 1st mth's payment out of the trade in value.
No, I tried calling the corporate office on Fri. b/c I was wondering the same thing. They said the system was updating & they weren't aware of what the new deals would be. I would think the info would be avail. sometime this week though.
No you can't. I used it as leverage w/my deal, but then the dealer called me back saying they would only get the $2500 if I bought. I decided to lease. Infiniti corp. offers a really good money factor for leases...mine was .00052. Either way they get the 1% holdback from the manuf. Right now they're offering good deals on '06's since the '07's will be out in Nov. but selection is limited.
I leased my G35 from an authorized dealer last Friday. I signed the "Signature Lease Form" you mentioned & that was the only form I had to sign which included sales figures. (I declined the warranty add-ons like windshield protector, etc. they offered). I wouldn't consider myself an expert, but I wouldn't sign that additional form saying $54k.
Does anyone have any experience or advice concerning the $299 lease special being run at one of the dealers in my area? I realize it's for the base model which I'm more than happy with. I'm going to visit with the sales person this afternoon to get all of the details. I'll post what I learn when I get back. Here's what I know so far.
2006 Infiniti G35 Sedan, Model #90516 (Stock #G1000, G2000) Automatic, Leather Interior, 6 Disc CD Changer (in-dash), Alloy Wheels, Xenon Headlights. 24 payments of $299 (around $325 with tax etc is what I was told on the phone). $2990 due at lease inception $0 security deposit. Plus tax, tag, & title.
I suggest weighing your options...that deal is marketed towards payment driven consumers. That's the offer in my area which also got my attention. I got the same car, but fully loaded & my payments are less than $299 ($289.14 to be exact). (I got $4,000 for my trade in so that was $3,710.86 down & the rest took care of my first months payment). I got the Prem. C Pkg, Nav, & Wood Trim. Once you consider that, $299 for the base model isn't really a good deal.
OK here is the deal I was offered wihtout much work...thoughts would be appreciated.
By the way, I love this site!!!
2006 G35 Sedan Premium PAckage C 39 months / 15000 miles MSRP $358000 Cap Cost $32790 Residual $19285 (54%) Money Factor .00101 $1500 out the door including 1st month $399 + tax monthly
What was total amount of initial down? DId you have to spend all $4000 for that? I got a quote from Southbay Infinity in Torrance, CA. Base G35, $399(including tax), $2200 down, 24mth. MF @ 0.00052. For some reason, he did not include mileage or anyother fees.
Hi theone. You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinon of this deal if you let me know what its selling price is.
Greetings sikhkd. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.
Hello ronnyk. I believe that the car that you described, a 2006 Infiniti G35 AWD Sedan with Premium Package C, has a dealer invoice price of around $34,300. If this is indeed the case, the selling price that you were quoted is around $760 over dealer invoice. This sounds like a reasonable price to me. Make sure to stop by the following discussion for additional feedback on how much you should pay for this model right now: "Infiniti G35: Prices Paid & Buying Experience".
I notice that you are trading in a vehicle on your new G35. Are you using the proceeds from your trade as a down payment? I always advise consumers against making any sort of down payment when leasing. The main reason for this is if your vehicle is totaled in an accident or stolen during your lease, your down payment essentially disappears. You can still trade in your current vehicle when leasing, just have the dealer that you are working with cut you a check for any equity that you have in in rather than using the money as a capitalized cost reduction.
The $550 fee that you were quoted is legitimate. Infiniti Financial Services charges a $500 acquisition fee on every vehicle that it leases. I am not sure what the $579 inception fee includes. Make sure to ask because this may just be another name for a doc fee. Dealers often use doc fees to add additional profit to deals.
The money factor and residual value that you were quoted are right in line with Infiniti Financial Services' base program for this car. This is always a good sign because it means that the dealer that you are working with is not trying to mark your vehicle's money factor up to add additional hidden back-end profit to your deal.
The $2,500 dealer cash that Infiniti is currently providing on 2006 G35 Sedans is not compatible with IFS' special lease program.
Hey sikhkd. I can give you an idea of what this car will cost to lease, however in order for me to do so I need some additional information from you. What is the full MSRP (with the destination charge added in) and approximate selling price of the car that you are interested in? You can look up its MSRP and dealer invoice price by visiting the following section of this site: Edmunds.com - New Vehicle Pricing. Once you have these numbers let me know. I can just assume that you are getting the car for say $500 over invoice and tell you what its monthly payment should be using Infiniti Financial Services' actual lease program.
Hi hit20. I believe that the dealer invoice price of the car that you described, a 2006 Infiniti G35 2WD Sedan with automatic transmission, Premium Pkg. B, Sport, and Navigation is around $34,800. If this is indeed the case, the price that you were offered is around $300 over invoice. This is a good deal. The money factor that you were quoted is right in line with Infiniti Financial Services' 39 month buy rate for this car as well. This is a good sign because it means that the dealer you are working with is not trying to mark your car's money factor up to add additional back-end profit to your deal. This lease looks like a good deal to me.
Hi mrtrance. The selling price that you were quoted for this car, $300 below dealer invoice, is very attractive. The money factor and residual value that you were quoted for it are right in line with Infiniti Financial Services' current lease program for it as well. I just ran a lease payment on this car for you and came up with a zero down, pre-tax, 12 month, 12,000 mile per year payment of $336. I am not sure why the payment that you were quoted is higher than this, other than the lack of sales tax in mine. Make sure that the dealer is not adding any charges to your car's capitalized cost or changing your car's money factor.
Hi kinwchung. $500 over dealer invoice is a reasonable price for a 2006 Infiniti G35 Sedan AWD right now. Just make sure that the dealer you are working with uses Infiniti Financial Services buy rate lease money factor of .00031 (for a 24 month lease of this car) to calculate its lease payment and you're in business.
The dealer that you spoke with was correct, takemetolv. The $3,500 dealer cash that Infiniti is currently providing on 2006 G35 Sedans is not compatible with Infiniti Financial Services' special lease program.
Hi amitsc. You were smart not to sign any forms that you were not comfortable with. As long as you signed Infiniti Financial Services' lease contract you should be in good shape. The forms that you do or do not sign should not have any impact upon your car's warranty coverage.
Hi ncognito13. I believe that the dealer invoice price of a 2006 Infiniti G35 Sedan AWD with Premium Pkg. C is around $34,300. If this is the case, the selling price that you were quoted is around $500 over invoice. This is a pretty good deal. The money factor that you were quoted for this car is right in line with Infiniti Financial Services' current buy rate for it. So the two main profit centers for dealers, the selling price and money factor, look good to me. If you like the car, I personally don't see any reason not to go for it.
Hello herro91. The dealer that you are working with was correct, the dealer cash that Infiniti is currently providing on the G35 Sedan is not compatible on leases of it through Infiniti Financial Services, even if they did fib a little about the amount of the incentive . The car that you described probably has a spread of around $2,800 between its full MSRP and dealer invoice price. That means that the dealing price that you were quoted is right around or slightly below dealer invoice. This is a good deal. The $98 doc fee is nothing more than a way for this dealer to pad your deal, but you are getting this car for a very good price, even when the nominal doc fee is added to it so it really doesn't matter. The money factor that you were quoted is right on the money. Using the prices that you mentioned in your post, an MSRP of $35,100, and a selling price of $32,075, I estimate that this car should have a 24 month, 15,000 mile per year, zero down, pre-tax monthly payment of around $389. As you can see, the payment that you were quoted is quite a bit higher than this. Sales tax will make up for part of the difference, but you may want to have the dealer quote you this car's pre-tax payment for the sake of comparison.
Hey ncognito13. You are right that doc fees are really nothing more than a way for dealers to add extra profit to deals. However, security deposits are legitimate. Infiniti Financial Services charges a security deposit equivalent to vehicles' monthly payments rounded up to the nearest $25 or $50 increment (I forget which) on every vehicle that it leases. Unless IFS is running some sort of special security deposit waiver program, which it is not right now, the only way to avoid paying a security deposit on an IFS lease is to have your vehicle's money factor increased by .00015.
Hi herro91. Different states use different methods for calculating sales tax on leased vehicles. There are three main methods of doing so (I suppose that you could say that there are four if you count the states that don't charge sales tax at all). In the first, the state taxes the payment and down payment. Most states, including Florida, Georgia, Missouri, Connecticut, and California use this method. The second way is to tax the entire selling price of the vehicle. This is how sales tax is calculated on leases in states like Illinois, Texas, and Ohio. Lastly, some states only tax the depreciation portion of leases. I believe that this is tax is calculated on leased vehicles in New Jersey.
As you can see, the methods for calculating sales tax on leased vehicles vary from state to state. If you tell me what state you are in I can try to give you an idea of how sales tax is calculated on leases in your area.
Hi javac. It is difficult to say whether $299 a month is a good deal for the car that you are interested in. On the surface, this monthly payment is attractive, but we don't know what equipment this car includes, this lease's mileage allowance, etc... I would be happy to give you my opinion on any lease that you were quoted. In order for me to do so I need you to provide me with the MSRP, approximate selling price, length of lease, and mileage allowance of the vehicle that you are interested in.
Hi ncognito13. It is difficult to say what Infiniti's incentives on the 2006 G35 AWD Sedan will be like in September. Given that vehicles' residual values continue to fall as we get this late in the model year, I personally don't think that its lease program is going to get any better. If I had to make an educated guess, I would say that this car's lease program will be about the same in September and that Infiniti will extend the $2,500 dealer cash (not compatible with the special lease) that is currently available on it. Again, only time will tell for certain what will happen though.
I know that infiniti has not revealed the price of the 2007 thats coming out in november, but a generalization would help.
Does anyone have any idea what kind of lease (very ballpark) id be paying? I plan on buying it in November. I live in New York. Any information would help...as im trying to get my finances together
Comments
MSRP 38080
Cap cost 35077
Residual 56%
money factor .00101
39 month lease 12k miles
$806.00 drive off (1st month and DMV)
$460.00 per month tax included
Sounds good but I want to make sure this is a good deal or if I can get better. Thanks for any input.
My cap cost was comparable to yours, $400 over invoice. The money factor for my 39 month lease was .00093. By my calculations, this would save you another $5 a month.
I have been quoted on a 06 Coupe with Tire/XM/Cargo/Mud for 12k/12month lease:
MSRP: $38140
Invoice: S34850
Selling Price: $34500 ($300 below invoice)
Monthly payments: $399 (including 7.75% tax)
Drive offs: $1333 (first month, $550 acq fee, title/reg)
However, using those numbers and 83% resdiual and 0.00149 money factor for the 12K/12month lease program, I come up with $366. How is the dealer coming up with that number? Any advice? Are they adding something more to the price I'm not aware of? Are the residual and money factor correct for this lease program right now?
The car has:
premium package C
Rose wood trim
Xm radio
The dealer here in Madison, Wisconsin quoted me a no down payment and 713 due at signing includes first month payment and govt fees. The monthly payment would be $526 including taxes on a 24 months/15000miles lease. The Msrp on the car is $38050. The sell price is somewhere around $500 over invoice as the dealer told me which I believe is somewhere between 34500 - 35000. The residual value is 66%. Is it too much? Should I go to another dealer?
Please help... I need to find out by Monday as I was going to sign it on monday.
Thank you very much.
I would really appreciate if someone could help me with the following question.
Recently, I wanted to lease an Infiniti G-35 sedan from an authorized dealer. After all negotiations and agreeing on a monthly payment for 39 months, the dealer asked me to sign an array of forms. The first form that I insisted signing on was the "Signature Lease form" by Infiniti Financial Service. ON this form, were various numbers that include cap cost, my monthly payments, the amount that I would pay at the end of the lease period, and so on and so forth. These numbers seemed to be in harmony with what we had discussed, and so I was okay with this form.
Next, the dealer showed me a sales receipt form, which was specific to the Dealor and did not have anything to do with Infiniti Financial Services. On this form, again there were a bunch of numbers. The dealer had listed total cash price of the car as 34000 and at the end of the form set unpaid balance as 54000.
The dealer said that the number 54000 arrives by adding 34000 (selling price of the car) + 20000 (residual value of the car). He said that when people sign the lease, the unpaid balance is always calculated this way; on the other hand, if I were to buy the car, the unpaid balance would show as 34000. I did not want to buy this explaination, at which point, the dealer said that this form would not be necessary and the only important thing is the lease form between me and Infiniti Financial services.
Could anybody tell if this is a scam or if by not signing the above form, I would not qualify for warranty services? It would be very helpful if anyone who has recently signed the lease and signed such forms at the dealor could kindly help me with this question. It would be nice if anyone could let me know at the earliest.
Thanks.
The Calculations on a 39 month 10,000 miles per year lease are as follows:
MSRP 37,250.00
Lease Price 34,773.11
57% Residual 21,232.50 ( 37250 x .57)
Depreciation 13,540.61 ( 34773.11 - 21232.50 )
Depr./Tax/Acq 15,494.27 (13540.61 + 1403.66 + 550)
Payments-
Depreciation 397.29 (15494.27/39)
Rent 53.90 ( money factor .00093 = 2.23%)
Total Pymnt. 451.19
Total Due at Delivery = 668.69 ( 1st 451.19 + DMV 217.5)
Please let me know if you need any further clarification of these numbers!
Thank you for the oppurtunity to earn your business.
PS. Cash purchase price is 32608 + Tax and DMV
When it came to lease they first said the lease would be based on the price I agreed to. Then they came back and said they couldn't apply the incentive of $2000 to the lease (incentive is $2500 mind you).
So then they worked the lease numbers based on the following:
CAP COST=$32075
Term=24 MOS
Money Factor=.00031
MSRP=$35100
CASH DOWN=$2000
GOVT FEES (DMV,etc)=$210
TAXES=1608.65
DOC FEE=$98
SEC DEPOSIT=$450
RESIDUAL=$23166
They came up with a monthly lease price of $445.52.
To me this seemed way too high based on the numbers I have seen and the calculator on their site (does it use state tax?), as well as the calculator on leaseguide.com
Are there some hidden fees here I am missing? Appreciate your thoughts and help.
I am waiting for tthe moderator, car man, and his opinion on the lease. He seems very knowledgeable on such matters.
Just as a point of info..I played with numbers to lease and to buy...and I would have put down 10kplus and taken a loan for 25k, 4 yrs. I also figured a 39mo, 10k, with 5k down...and amazingly all 3 figures were very close in final costs if you were to buy the car after the leases..I was shocked. I figured the money I lose in interest with cash down and the money I was paying out in the loan interest @6.47%..I have high cred score so I would get the best rates. My choice will be to lease with first mo, and dmv fees down.
However I am going to ask the dealer to make the price of the car 800 less to reduce the payment. If he does I do the deal. Based on my consumers reports number the cost of the car after their holdback is $33,168. So I need a bit more off the price.
I am thinking that Infinti might be giving dealers some incentive on the leases to move out the 2006s. I guess when I make my offer I will see if there is room to play.
Good Luck with your deal.
2006 G35 Coupe 6MT, Premium, Nav, Aero, Splash Gaurds, and Trunk Mat. Black exterior w/ graphite interior. I scoured Chicagoland for this combo, couldn't find it and had to order it. I caved on the capital cost since the car was not on the lot and had to be transferred. Took two weeks to get here. Tomorrow I finalize the deal.
Lease Terms: 2 years @ 15,000 miles/year
================
Money Factor: .00216
Residual: 71%
MSRP: 39,940
================
Cap Cost: 37,500
Trade: (1,500) (1991 Audi 90 Coupe Quattro)
================
Cost: 36,000
I get free car washes and breakfast or lunch anytime.
No money down @ 485/month; 600/month with tax rolled in.
I live in Illinois and taxes make me cry.
HUH??? $115 tax on a $485 payment??? YIKES!!!!
Does the state provide you with a chauffeur for that kinda money?
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
I am getting a 2006 G35x, C prem pack...for 432 a month, 39 mo and 10k a year. I have done the figures to buy the car based on the dealers price of 32,608.00 +tax and DMV. When i do ALL the math...to buy and to lease the numbers are shockingly close so to buy the car seems to make no sense.
If I were to buy the car and put down a tad over 10k cash and take a 4 yr loan at 6.47 for the rest the interest cost would be over $3500. Not to mention the interest lost by banking the 10k@ 5.75 % which comes to approx $1900. and to pay cash for the car is really insane..on $35,000 the interest earned in 3 yrs would be $6300.
I think it really pays to lease this car with 1st mo pymnt and Dmv fees....the figures are almost identical...amazing to see that.
Good Luck with the car....
Thx
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
g35 w/ premium package C
platinum outside
Spoiler will be put on.
24 month Lease
1,500 down
$453 per month (includes sales tax in CA)
36,000 msrp (price without the spoiler)
32,000 selling price (rough number)(says its 500 under invoice)
They're telling me that money factor is next to nothing this month for tier 1 at .00015 (i believe this is correct)
I know I'm missing a few things, but does the 1500 down (includes licensing, fees, first month plus some cap reduction) and $453 per month seem about right for this car with these options??
Thank you
I just had a miserable experience with a dealer which I posted about either on this thread or the other G35 thread about buying experience. I refused delivery of the car because it was not fit to be delivered. DO NOT let the dealer confuse you or screw with the numbers. Understand everything and get it in writing. Once you sign you have little recourse...be careful and smart.
MSRP: $39,940, Invoice: $36,474 Selling Price: $36,000 (below invoice)
12mo/12k lease tems
Cap.........................36,000.00
Bank Fee.....................550.00
Tot. Cap................36,550.00
Residual...83%......33,150.00
Tot. Deprecation...3,399.80
Deprciation...............283.32
rent.........................103.85
subtotal....................387.17
tax...............7.75......30.17
monthly Payment......417.18
Doc.fee..................45.00
licence.....................294.00
gov.fees...................8.75
advance pmts...........417.48
Drive-off..................764.93
Money Factor 1.49
Build Date: 4/6...Miles = 30...Let me know
He just calculated the Bank fee into the cap cost which shows the higher monthly payemnt and less drive-off...I will pay that with the drive off and then payment should be $367/mo including 7.75 tax. Is this a great deal or what?
It's going to be my first time leasing. These are the numbers I got from the dealer. With no money out of pocket = $615.76 per month.
2006 G35 Coupe 6MT with Premium PKG
24 months
20K miles per year
msrp 37380
invoice 34254
Cap Cost: 34554
2.16 buy rate
71%
What do you think???
Thanks!
-06 sedan m/t with premium package.
-MSRP $35,200
-Selling price $32,030.65 (little below invoice form what i hear)
-39 month lease with 15k miles
-buy off $19,712
-out of pocket is $1,475 (including first month payment)
-monthly payment is $403 (including NY state tax)
-buy rate is .001010
Please help me out , i put a $500 deposit and i need to make a decision by monday. By the way, this is from Atlantic Infinity on Long Island NY.
THANKS FOR YOUR HELP IN ADVANCE.
Rob
Info is based on 24 mth/12k mile/yr lease
'06 G35, Prem C Pkg, w/NAV, Wood Trim, Platinum Metallic
Invoice $38,200
Edmunds TMV report was $34,239 so we said we wouldn't pay more than that.
Initial Cap Cost $34,200
Residual% .67, Val. at Lease End $25,594
Money Factor .00052
Dealer Fees (reg, acquisition, doc) $1,113
I also got $4,000 for my trade-in (CarMax tried to low ball us and offered only $2,000)
No $$$ out of pocket...they took my 1st mth's payment out of the trade in value.
Monthly Payment $289.13 ($280.72 + 3% sales tax)
Good luck
Invoice was $34.7k
2006 Infiniti G35 Sedan, Model #90516 (Stock #G1000, G2000) Automatic, Leather Interior, 6 Disc CD Changer (in-dash), Alloy Wheels, Xenon Headlights. 24 payments of $299 (around $325 with tax etc is what I was told on the phone). $2990 due at lease inception $0 security deposit. Plus tax, tag, & title.
By the way, I love this site!!!
2006 G35 Sedan Premium PAckage C
39 months / 15000 miles
MSRP $358000
Cap Cost $32790
Residual $19285 (54%)
Money Factor .00101
$1500 out the door including 1st month
$399 + tax monthly
I got a quote from Southbay Infinity in Torrance, CA.
Base G35, $399(including tax), $2200 down, 24mth. MF @ 0.00052.
For some reason, he did not include mileage or anyother fees.
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I notice that you are trading in a vehicle on your new G35. Are you using the proceeds from your trade as a down payment? I always advise consumers against making any sort of down payment when leasing. The main reason for this is if your vehicle is totaled in an accident or stolen during your lease, your down payment essentially disappears. You can still trade in your current vehicle when leasing, just have the dealer that you are working with cut you a check for any equity that you have in in rather than using the money as a capitalized cost reduction.
The $550 fee that you were quoted is legitimate. Infiniti Financial Services charges a $500 acquisition fee on every vehicle that it leases. I am not sure what the $579 inception fee includes. Make sure to ask because this may just be another name for a doc fee. Dealers often use doc fees to add additional profit to deals.
The money factor and residual value that you were quoted are right in line with Infiniti Financial Services' base program for this car. This is always a good sign because it means that the dealer that you are working with is not trying to mark your vehicle's money factor up to add additional hidden back-end profit to your deal.
The $2,500 dealer cash that Infiniti is currently providing on 2006 G35 Sedans is not compatible with IFS' special lease program.
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As you can see, the methods for calculating sales tax on leased vehicles vary from state to state. If you tell me what state you are in I can try to give you an idea of how sales tax is calculated on leases in your area.
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Does anyone have any idea what kind of lease (very ballpark) id be paying? I plan on buying it in November. I live in New York. Any information would help...as im trying to get my finances together