Infiniti G37 Lease Questions

johnl617

Hey Car_Man.

I was offered this:

2011 Infiniti G37x Coupe
- Premium Package
- Splash Guards
- Carpeted Trunk Mat

MSRP = $43,920.00
CAP COST = $40558.00

39mo/12k = $445.00 (MA Tax inc)*
Total of $1735.68 due = $700 Aqu fee, $300 Doc Fee, $89 Wheel locks, 1st Payment, Registration & Small amount of Tax.

What do you think? The residual is 63% based on 12K per year. The money factor is .00130.

I was also offered another deal from another dealer similar but cheaper in monthly payments:
For a 39/12 lease you can do $425.56/month with fees of $1686.06 due at signing. MSRP is the same but the buy it now price is $39,417.

You think I can go lower? I was basically aiming for 400 a month.......

Appreicate the help!

alansufi

Which dealer are you working with? Is this a Nav model?

Isn't the acquisition fee included in the final price of the car?

johnl617

This is not a nav model. Just the premium package.

The acquisition fee is somewhere in there at 799 - 875 depending on dealer.

Car_Man.... I am waiting for your wise insight.

eyeguynj

my lease is up next month, but I wanted to get the convertible NOW . I thought the pull ahead was good until September, but now my dealer says they are not offering it now, and I have to wait until next month. Does anyone know if this is the case?

will44life

Berkelycms, what state do you live in? I'm considering leasing the same type of vehicle. I'm in MD and I would like to know if getting that deal here is a possibility.

vmfldis

Ok guys, here is the deal I signed in April 25th for G37X Coupe

Black/Black
MSRP 46370
Cap: 41499.15

Option: Prem + Carpets + Splash Guard + Nav + Interior Accent Pkg

12k/39monthsOTD: $512.53 for tire and rim warranty (dealer paid off 1st month)

Monthly: $490 (including NJ 7% tax)

How did I do?

CarMan@Edmunds

Hi johnl617. The money factor and residual value that you were quoted look good. The selling price looks good as well. If you like the car, I personally don't see any reason not to go for it. I don't think that you're going to get this car for any lower than $425 per month.

Car_man
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gixxerin07

Hey guys, thanks for this forum and all your valuable information to help people like me that would otherwise be mere prey for car sales people.

Here is what I have from a dealer in MD

2011 G37x Premium & Nav. The MSRP on this car $41890 Invoice price $38465, price to sell $37990 including VA tax and tags. money factor is .0015 and residual value %62

Monthly payment: $479

how is this deal?

alansufi

Is this a sedan?

gixxerin07

Yes it is, I was able to get the deal down to $409.00 with first month paid.

sonofjay

I see many of you reporting acquisition fee/bank fees = $595 which is what I paid last time I leased. I recently received a quote for acquisition fee/bank fee = $700. Looking around Infiniti websites says "...$700 non-refundable acquisition fee." I also saw one other person in here report a fee of $700 from MA.

What gives? Is it 595 or 700?

Also lease return "Disposition Fee" is new to me too. I assume that this is paid at end of lease and not upfront? And is waived if you lease with Infiniti again?

Thanks everyone and Car_man for all your great info!

rangelo

I am very close to leasing a G37X Sport Sedan with Navi I used a website called
Truecar.com and the purchase price came in at 37905 with an MSRP of 43445.

I think Car_Man listed the MF at .00117 for a 39 month lease at 12k miles a year/ Residual Value at %62

Sales tax in Westchester is 8.375

After I did my calculations with an online lease calulator and also tried using an IPhone app.

My Month payments included Tax are 387.03

I am worried that is incorrect. Car_Man or anyone if you can provide some guidence on this, it would really be helpfull as I am looking to get the car this weekend.

Thanks in Advance.

goldevents

Can you help a rookie?

Buying or leasing an Infiniti G37X. Can you please explain what money factor and residual mean?

kyfdx

How to Understand Car Lease Terminology

Try that out... quick, easy read..

maxs888

Thanks! When I plugged in your numbers in calculations it started to make sense!

goeteb

Hi car_man,

Reading through some of the previous posts, I'm interested in why the difference between 39 vs 36 month lease and why Infiniti dealers seem to push the 39mo?

I'm in the middle of selling my current car at the moment and looking at prices for an IPL 6MT at 15k a year. After weeding out the unpleasant dealers, I wound up with a cap of 46,238 (incl acquisition fee), 57% residual and MF of 0.00167 or 0.00137, depending on my credit tier. I get crushed on Philadelphia city tax (11%) to get a payment of 652.95 with the tier 1 credit and about $20 less at tier 0.

Would I be better off looking at a 36mo option, do you think? Or does it all work out in the end?

Many thanks.

mmm_337

Car_Man,

Could you please post the May money factor and residual for a G37 Sport appearance RWD sedan for 39 months at 12k miles per year? Thanks

graubart1

can someone post the current mf and residual for a g37x coupe at 39 months and 10,000 or 12,000 miles per year.

Thanks very much.

sewellgsm

39 is better right now...assuming everything else is the same.

sewellgsm

39 months = 61% for 15k, 63% for 12k, and 64% for 10k

Money Factor can be anywhere from .00130 up to .00565 depending on credit. (.00172 is good to use for calculations).

CarMan@Edmunds

Hi goeteb. Generally speaking, the payments for 39 month leases are often a little lower than for 36 month leases because one is spreading out the large initial depreciation hit that new vehicles experience over three additional payments.

Dealers will usually try to steer consumers towards the lowest monthly payment.

Car_man
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CarMan@Edmunds

Here you go mmm_337. Infiniti Financial Services' May buy rate lease money factor and residual value for a 39 month lease of a 2011 G37 Sedan Sport RWD with 12,000 miles per year are .00094 and 59%, respectively for consumers who qualify for its top credit tier.

Car_man
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CarMan@Edmunds

Hello graubart1. Infiniti Financial Services' May buy rate lease money factor and residual value for a 39 month lease of a 2011 G37X Coupe with 12,000 miles per year are .00130 and 61%, respectively for consumers who qualify for its top credit tier.

The residual value for a lease with only 10,000 miles per year would be 1% higher.

Car_man
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rangers07

Could I get some thoughts here?

G37 sedan journey, with navigation and wheel package: MSRP $41,375 - Initial Cap Cost of $38,998, sales tax of 6.25%. Residual of 59% and Money factor of .00146. payments total $545 / month. How much better can I expect to get?

electricevo

What is the lease difference witht the Journey w/premium which I keep seeing offered vs the sport?

As far as I can see the sport is cheaper but has more in it. Is the residuals and MF that much worse for the Sport 6MT?

kingpcgeek

G37 Lease Rates

ggale921

My 2008 G35 lease ends in 5 months. The car has 38,000 miles, and is running great and looks great. Just put on new Goodyear tires. Trying to decide whether to buy the car off of the lease for around $20,000, or lease a 2011 G37. Is a G37 a huge upgrade over a G35? Or are the cars similar? Cars look alike. Is the G37 automatic transmission that significant of an upgrade over the G35 transmission?

DB_from_NC

I have the 2010 G37 and my biggest issue is with the poorly executed 7 speed. It is great in highway driving, but stop/start city driving reveals it's fault (jerky shifts, transmission braking)

If you love the G35, I recommend sticking with it.

ssgmike

You have an option of contacting IFS for an early out program which may help make your decision

dammitjim1

I have a quote from Massapequa Infiniti on a G37X Journey w/Premium, Navigation, & Sport packages as follows:

Agreed Selling Price: $39,463
Down Payment $1100 + DMV
Monthly $425 incl. tax

Need a quick opinion from the forum users - seems like a good deal to me. I can't get anything remotely comparable from Acura on the TL.

dammitjim1

I left out one of the packages included on this deal - it was Premium, Navigation, Technology & Sport packages, priced as follows:

Agreed Selling Price: $39,463
Down Payment $1100 + DMV
Monthly $425 incl. tax

CarMan or somebody on this forum, please comment on whether this is a good deal or not. Thanks!

mssurrey

That's a very good deal - are you sure of your figures because with all those packages you should be in the mid-high $400s pm.

Premium with Nav pack are around $425 pm with 1st month, plates, doc fees, and acq fees upfront

isitsummeryet

Hi all,
I have 2 questions.
1. Does anyone have the June lease rates for the G37x sedan.
2. I am pre-qualified through IFS for another car from Infiniti. How do I get the dealer to give me the highest tier rate instead of a rate much higher than what I see in the forums.

Thanks for all your help.

jeffman619

Hi,
I was wondering if someone could provide the current residual and money factor for the following:
G37 coupe Journey
15k miles/yr and 12K miles/yr

Thanks

CarMan@Edmunds

Hi rangers07. Infiniti Financial Services' new June buy rate lease money factor for a 36 month lease of a 2011 G37 Sedan Journey is .00094. Make sure that the dealer uses this factor to calculate your car's payment.

As far as the selling price goes, the car that you mentioned probably has a spread of around $3,300 between its full MSRP and its dealer invoice price. That probably puts the selling price that you were quoted at around $1,000 over invoice, which isn't bad. Normally I would say that it wouldn't hurt to comparison shop a little to see if you can beat this deal, but given the recent supply problems with Japanese vehicles I'm not sure that you will be able to do much better than this right now.

Car_man
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CarMan@Edmunds

Hi isitsummeryet. IFS' June buy rate lease money factor and residual value for a 36 month lease of a 2011 G37X Sedan with 15,000 miles per year are .00117 and 60%, respectively for consumers who qualify for its top credit tier.

As long as you know what the buy rate of the car that you're interested in, you can call the dealer on it if they try to mark your car's money factor up. If they lie to you and tell you that they aren't when you know that they are marking the factor up you are always free to shop around and take your business to a more reputable dealer.

Car_man
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CarMan@Edmunds

Here you go jeffman619. IFS' June buy rate lease money factor and residual value for a 36 month lease of a 2011 G37 Coupe Journey with 15,000 miles per year are .00128 and 62%, respectively for consumers who qualify for its top credit tier.

I believe that this car's residual value for a lease with 12,000 miles per year would be 1% higher.

Car_man
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royals1969

So I'm looking for a G37 coupe sport with manual transmission ( 6MT )to lease. Dealership on Long Island tells me he does not have one and located only six in the USA. But he did run me some numbers and said he may or may not be able to get the swap from dealerships around the country. The car comes standard with premium and navi packages. Whats the best lease price i can expect to get on this car with $3000 total due at signing not a penny more. I want 36 months and 12k a year? I have excellent credit. Dealership quoted me $449 ?
Anyone ? Carman?
Thanks
Royals

ballerchild

I'm looking to lease a G37 Coupe Sport 6mt. Can you please provide the residual and MF on a 24month/15k lease.

Thanks!!

maxs888

Hello everyone, Car_man.
Here is the deal for you guys to judge

Infinity G37 Convertible:
Performance Tire and Wheel Package
Navigation Package
Premium Package
Interior Accent Package (which I do not need though, trying to get rid of it)

MSRP: 52830
NET CAP: 48190 + 700 acquisition fee = 48890
Residual: 60%
Money factor: 0.00138

Monthly payment before tax: 552
1st month + "usual" license fee due at signing

Firstly, Does this look like a good deal? Money factor? NET CAP?
Secondly, What I am concerned about is truecar.com price that they claim to offer is 46740 !!! Is this a trick or true?

Thanks guys!!!

dammitjim1

I am quoting directly from their order sheet, so I trust that the numbers are accurate. End of month quota drive might have been part of the reason for them to make this deal, and I did have a quote through truecar.com that they matched. Hopefully they are not playing games, and I won't have an unpleasant surprise waiting when I pick up the car.

glasseson

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

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

IS THIS GOOD ,BAD OR AVERAGE? Thanks.

d_nyholm

Massapequa is a very good dealership, you won't be in for a surprise when you go in to pick up your car. I purchased my car through them and couldn't be happier with the price i paid and the service I got. Good luck!

1buffdaddy

Would you be willing to fax or e-mail me your paperwork so I can try and get the same deal locally. You can obviously block out all personal information.
Please let me know asap, I need to work a deal soon...

maxs888

Now dealer said the money factor is 0.00186....was a mistake - does this make sense or the number is wrong?

maxs888

guys please help - I believe I am getting good NET CAP but this money factor is crazy...

in may they told me 0.00185 and Car_man said it was 0.00151
Now they told me 0.00186 so I kind of hesitating again is this number right!?

zstreit

What is a good monthly payment including tax with zero down? Thanks.

CarMan@Edmunds

Hi Royals. I'd be happy to use Infiniti's current lease program to work up a payment on the exact car that you are interested in for you. I just need you to provide me with its full MSRP and dealer invoice price...exactly as you want it equipped. You can find this pricing data over in the New Vehicle Pricing section of Edmunds.com.

Car_man
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CarMan@Edmunds

Hi ballerchild. Infiniti Financial Services' June buy rate lease money factor and residual value for a 24 month lease of a 2011 G37 Coupe Sport with 15,000 miles per year are .00130 and 71%, respectively for consumers who qualify for its top credit tier.

Car_man
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g35_driver85

Hi All,
I have 2008 g35 that is near end of lease. i like the car and wouldnt mind keeping it. but i always hear it is a bad idea to buy the end of lease car.

my residual on the contract is about $23,000 and using edmunds true market value i get

Trade-in $22,472
Private Party Sale $24,635
Dealer Retail $26,950

is it a good deal to just buy it from them?
is it possible to lower the price more?
are there other factors to consider, such as financing? i cant find a 3rd party loan that does end of lease loans, any suggestions?

any help would be appreciated, thanks!!!!!