Infiniti G37 Lease Questions

md1040

I got quoted the following lease terms for a 2011 G37 Convertible w/ the Navigation and the Premium Packages:

39 Month w/ 12,000 miles yr = $599 + tax / mth

39 month w/15,000 miles yr = $640 + tax / mth

Do these look like good rates? or high?

Thanks

dammitjim1

I picked up the car yesterday, and everything was as promised, no tricks or gimmicks. They also took back my Honda Accord EXL coupe, promising to return it to a local Honda dealer for me, then subsequently decided to buy the car from Honda Financial themselves.

The total experience with this dealer has been amazing- they seriously went to the mat to earn my business, and provided the most hassle-free leasing experience I've ever had. With so many car dealer horror stories out there, it is refreshing to finally get one that provides an overall positive experience.

1buffdaddy

dammitjim1, 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 want to push for an "end of month" deal...
Thanks!

dammitjim1

1bufdaddy - I am traveling for the next week or so and don't have access to send it to you. Honestly, you shouldn't need it, though. I went in armed with nothing more than a Truecar.com pricing report, and Massapequa Infiniti wasn't even one of the responding dealers. But it was end of month, and they were motivated to make a deal. I think you'll get what you want if you do the same.

1buffdaddy

Trust me, I do need it. I went in armed with everything under the sun at the end of last month and could not even come close to your deal at 2 different dealerships. I know it is a major pain in the butt and you will get nothing out of it, but I would really your time if you could make it happen. I still have time, so if it is next week, that would be ok too. Your deal is much better than you think.

dammitjim1

OK, you need to get me your contact info and I'll do what I can. I thought the deal was good - even deceptively good, but it was just what they said in the end.

songjunyi0126

I am looking to lease a G37 sedan journey with premium and sport, 39 months and 12,000 miles. What's the latest money factor and residual value? And with 5000 down payment, what will be the monthly payment? Thanks a lot!!!

PS MSRP 40575, they gave me sale price for 39,000.

joshsam

Car_Man, do you have the June money factor and residuals for a G37 Sedan with Premium Package? The dealers around me are advertising two leases - 24 months and 39 months. Thanks!

xpillzboyx

Hey Guys,

I am trying to lease a 2011 G37 Coupe w/ Journey and Premium Package, the same one they have a special on.

I want a 39 month lease with 2500 total due at signing 10K miles/year.

Right now, the best deal I've managed to get with those numbers is $370.00 + tax.

It seems a bit high compared to what my other friends have payed for they're same care, even though they got it a while ago.

I wanted to see what would be the best price you guys have seen for this type of lease or what can I expect to be the lowest I can get?

rich50

Hello,

Having a hard time figuring out if the below is a decent deal or not. It's a true zero down- just sign and drive deal and I'm not sure how to include the dealer's contribution of 1st month, tags, etc into the lease equation.
2011 G37 Journey Coupe with premium package
MSRP $42.930
Cap Cost including $700 lease fee $42633
Invoice should be about $39,478
1st payment, tags, title, prep, etc.. $1,441- paid by dealer, 0 out of my pocket
Purchase option $27,264
Payment $525 including 7% sales tax
39 months/ 10k miles per year.

How do I figure the dealer's margin to invoice- cap cost less $1441 less invoice or cap cost including lease fee less $1441 less invoice? Just wondering how bad this deal is/isn't..

Thanks,
Confused

1buffdaddy

That would be great dammitjim1, what would be easier for you, fax or e-mail?

artdog

Have not been following the board for a while, but needed to comment on massapequa infiniti
I priced them a while ago 4 month ago on a 39 mo 10k lease g37x w/ premium and nav they were high 400's per month w/ 1.2k down so I went shopping, called legends leasing in Brooklyn got the same car 39 mo 10k, rolled in aq fee and including sales tax ny I am under $400 per month only out of pocket was dmv relocate plates and reg, about $210.00 plus first month thats it,
Check your pricing and it has a full warranty and it's thru infiniti finance, the car came from kings infiniti brklyn ny.

jpark1228

Car man, can I get July money factor and residual for 12K miles 36 or 39 month for a 37x Sedan?

Also, my credit score is around 700, does that mean that I can get close to their top credit money factor and residual values? I'm confused on how this works. Thanks.

CarMan@Edmunds

I certainly do joshsam. Infiniti Financial Services' June buy rate lease money factor and residual value for a 24 month lease of a 2011 G37 Sedan Journey with 12,000 miles per year are .00061 and 67% for consumers who qualify for its top credit tier.

The numbers for an otherwise identical 36 month lease are .00094 and 59%.

Car_man
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CarMan@Edmunds

Here you go jpark1228. IFS' June buy rate lease money factor and residual value for a 36 month lease of a 2011 G37X Sedan with 12,000 miles per year are .00117 and 61%, respectively for consumers who qualify for its top credit tier.

The numbers for an otherwise identical 39 month lease are .00128 and 60%.

I'm not sure what IFS' cutoff is for its best money factors, but I believe that a credit score of 700 should be good enough to qualify.

Car_man
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tankerdriver

2011 G37x Sedan, Premium Package and Illuminated kick plates. MSRP about 40,745

$364 per Month - 39 Months (38 payments left )
17,000 Miles per year
$850 down (included 1st month payment)
Trade-In: 2008 G35x (36k miles-$22k)
RES: 59%
MF .00128
Owner Loyalty ($1000)

How'd I do for the last day of the month? Sheehy Infinity (Annapolis, MD) great experience!

tankerdriver

Just got 22K trade in for my 08 G35x (36k miles) plus $1000 owner loyalty so you should be close to even if you keep it and get a loan...payments might be around $425 (5%) for a 60 month loan. I would think that would keep up with depreciation so when you are ready for a new one you can trade in and not be upside down. Things to consider: did you take good care of it? Do you have a lot invested in down payment? Over mileage/wear & tear? Tires/brakes? Hope this helps.

pinkmelrose

Hi, I also own a 2008 G35 and having exact same problem. It won't work randomly for 3-4 times weekly, I also changed battery and diagnose several times. I am not sure waht to do at this point.

jeffman619

Hi,
I was wondering if someone could provide the current July residual and money factor for the following:
G37 coupe Journey for both 36 month lease, 39 month lease
15k miles/yr and 12K miles/yr

thanks!

yoyo13987

Hi,

Just wanted to say thanks for all the help i got from this forum:
My numbers are below:

g37X (all Wheel drive) with Premium Package and Navigation and Splash guard, Nitrogen filled tires, wheel locks. White exterior, stone interior.

MSRP: 41,875
Sale Price: 37,547
total with fees and taxes (in MD): 40,153

39 month lease
12,000 miles

no trade in, nothing down (just first month payment)
Payment: 499.51

Leased on July 28th 2011

lmpmiami

Hello:

This is my first time posting. Any help would be great. I am considering leasing a pre-owned 2010 Infiniti g37 coupe convertible that has 1,775 miles on it. The price the dealer is giving is $41,882. It does appear to come with all the bells and whistles. I am trying to figure out what would be a reasonable monthly lease price. Is that enough information to figure it out? I'm in the Miami area.

Thanks

CarMan@Edmunds

Here you go jeffman619. Infiniti Financial Services' 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 .00076 and 59%, respectively for consumers who qualify for its top credit tier.

The numbers for an otherwise identical 39 month lease are .00090 and 58%.

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

Car_man
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roulette2629

Hi Car_man,

Can you let me know what is the residual value for 2011 G37 Sedan Journey 24 months 15k miles per year? Also is there any incentive other than Loyalty Bonus for lease?

Thanks

alien503

Could you please post the latest rates for G37 coupes and IPL for 39 month 10K/yr lease?

Thanks!

CarMan@Edmunds

I'd be happy to roulette2629. Honda Finance's July buy rate lease money factor and residual value for a 24 month lease of a 2011 G37 Sedan Journey with 15,000 miles per year are .00011 and 64%, respectively for consumers who qualify for its top credit tier.

I believe that the loyalty cash that you mentioned is the only cash incentive that is currently available on leases of this car.

Car_man
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CarMan@Edmunds

Here you go alien503. Infiniti Financial Services' July buy rate lease money factor and residual value for a 39 month lease of a 2011 G37 Coupe IPL with 10,000 miles per year are .00090 and 58%, respectively for consumers who qualify for its top credit tier.

Car_man
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gone01

please can you clarify the dealer wrote you a check for 22k and you didnt put anything down?? with 17,000 miles??

gone01

can anyone give me the rates and residual for a 2011 g37x sedan with 15,000 miles in july

CarMan@Edmunds

Here you go gone01. Infiniti Financial Services' July 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 .00083 and 58%, respectively.

Car_man
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wheelson

I'm looking for the same rates but for 10K miles per year.
TIA

wheelson

I tried doing a quick search on this thread regarding MSD for NYC residents but haven't found any answers regarding this.
I'm aware that NYC dealers don't offer MSD.
My question is whether I can go to neighboring states (ie: NJ, Conn) and do MSD even though I'm registered in NYC?
TIA

looking2leas

Hi Car_man, could you please provide the money factor and residual % for a 36 and 39 month lease based on tier 1 credit. 10K and 12K miles please. thank you so much!

almatti

tankerdriver: Yes, please confirm what gone01 posted. ??

tankerdriver

It was 22k on paper for the trade-in...I owed $22500. I wrote a check for $850 which included 1st month payment (364.99). On paper it was $1850 cash down, but the $1000 owner loyalty took care of well $1000 of it so out the door giving them a check for $850, and they payed off the trade to my bank directly. Yes, 17,000 miles/year (39 month lease). Hope this helps...they said they needed to meet the end of month quota and were 1 or 2 cars short.

asheh

What do you think of this deal.

2011 G37x Coupe Prem Pkg
$2100 (bank fee, first month, DMV and so on).
12k/ yr

$415/ 39 months

They are going to take back my 2008 G37 Coupe with 4 months left on the lease without rolling it into this one. Its under 6500 under the mileage with slight wear and tear.

alien503

Thanks, Car_man!

CarMan@Edmunds

Hi wheelson. I believe that IFS' residual values for leases with 10,000 miles per year are 2% higher than its 15,000 mile per year residuals.

Car_man
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CarMan@Edmunds

Here's the information that you're looking for, looking2leas. Infiniti Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2011 G37 Sedan Journey with 12,000 miles per year are .00058 and 57%, respectively for consumers who qualify for its top credit tier.

The numbers for an otherwise identical 39 month lease are .00075 and 56%.

If you were to lease with only 10,000 miles per year, these residual values would be 1% higher.

Car_man
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CarMan@Edmunds

You're welcome alien503.

Car_man
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mitcharno

hi Car_man, et al!

I used this forum 3 yrs ago when leasing my g35x in Maryland and it was a tremendous help so thanks for that! This time around, I will once again post the 'deal' I get & stick around to help other members.

Lease is coming up this week (nothing like waiting until the last min) and I'd like to lease the g37x. I have some of the info and would appreciate u and other members input & confirmation on these numbs.

I'll come back one more time with the rest of the numbers so that I can do this deal. I wanted to get your input before negotiating price, Premium Pkge, Interior Accents Pkge, etc

Other quick questions:

- Generally speaking, do you recommend a 36 or 39 month lease?

- Dealer said NOT to get car inspected by Infiniti before turning it in, that there's a tax advantage to me if they buy it outright or something like this. Car's in great shape. Does this make sense to you?

- Is bank/acquisition fee set by IFS?

- Dealer says there is a difference in TMV for lease & buy- is this true?

Can you guys confirm + let me know if these numbers R valid & any good:

Term: 39 months
MF: .00075 (top tier credit)-> from Car_man, dealer quoted higher
Residual value: 56% -> from Car_man, dealer quoted higher
Allowable miles/yr- 12,000.
Bank/acquisition fee- $700.
Doc fee- $200.
Owner loyalty- $1,000.
Title- $50. (tags transfer over)
Tax- 6%
Destination fee $895.

Thanks! Mitch

kingpcgeek

Can't answer all of your question, but I can answer some.

Generally speaking, do you recommend a 36 or 39 month lease?
Usually the 39 is going to be the better deal. However you have to decide do you want to be leasing a new car in 2014 in July or October. One reason to go 36 is if your state does not allow plate credit, but it seems like yours does.

Dealer said NOT to get car inspected by Infiniti before turning it in, that there's a tax advantage to me if they buy it outright or something like this. Car's in great shape. Does this make sense to you?
This sounds very suspect. You should have had your car inspected a month ago. I'm sure Infiniti sent you enough notices. Just because you have it inspected doesn't mean you could trade it in as the dealer wants instead of a lease turn-in. Why not have options?

Is bank/acquisition fee set by IFS?
Yes

- Dealer says there is a difference in TMV for lease & buy- is this true?
As long as the incentives are the same between buying and leasing there is no reason the numbers are not the same.

You didn't mention the selling price of the car in your deal, that the number you need to start with. If you can get invoice - $1000 loyalty cash that is a very good start.

jtn83

All,

Looking to get a 2011 g37 sedan journey 4dr auto w/ illuminated kick plates, carpeted trunk mat, navigation, premium package, sport package, and rear spoiler.

The negotiated price is $39,196.

I qualify for the top tier credit.

Below are the drive-offs and payments, which don’t seem to be jiving with me given the residuals and money factors I've seen on here. Can anyone chime in to explain.

36 Month / 15,000 mi/yr
$492.68 + tax
$1675.17 drive-off

39 Month / 15,000 mi/yr
$479.53 + tax
$1660.10 drive-off

48 Month / 15,000 mi/yr
$493.74 + tax
$1673.54 drive-off

Thanks,
Jason

mitcharno

Hi all- went to the dealer today. can u tell me if the following is true? top tier credit, leasing g37x in Md:

MF- .00083 to buy, .00139 to lease (36 months)
.00096 to buy, .00149 to lease (39 months)

Said bank fee had increased from $595. to $700. March, 2011

kingpcgeek

Money factor is a leasing term, it has nothing to do with buying a car.

The purchase interest rate is currently 1.9% up to 60 months and 2.9% up to 72 months.

FYI to convert a money factor to a comparable interest rates multiply it times 2400. Example .00139 * 2400 = 3.336% interest rate.

mitcharno

Thanks VERY much. It seems he wasn't being honest.

I'm really thinking of taking my chances with TrueCar.com. Has anyone tried this service?

jaydon

Car_Man - Can you please provide Infiniti Financial Services' July buy rate lease money factor and residual value for a 39 month lease of a 2011 G37XS Coupe (AWD and Sports Package) with 10,000 miles per year.

Thanks
Jay

mitcharno

Thanks again for the input--

dealer quoted me 36.9 which is invoice - 1K (incl options). of course, we have to negotiate add-ons (doc fee...) but, is this a good sale price? doesn't incl 1K incentive.

also, do u know if bank fee is $595. or $700.?

jtn83

Picked up the wife's new car last night. Slate Blue G37S Journey W/ Sport, Nav, and Premium packages. With spoiler, trunk mat and first aid kit, and illuminated kit plates for a 39 month lease at 15,000mi/yr with $1615.14 due at signing and $464.67/mo.

Thanks for the help guys!

mitcharno

Here r the numbs I got today from a Va dealer. Can someone offer an opinion if this is a good deal or not for G37x/AWD w/ premium, interior accent pkge, splash guards. Thanks!

sale price- 36.9 (incl destination)= invoice less $1,000.
mf- .00083 (top tier)
term- 36 months
residual- 60%
mileage- 12,000
doc fee- $400.
bank fee- $700. (deal
title fee- $125. (current tags transfer)
tax- 6.17% (Va tax, I live in Md) ??

infiniti incentive- $1,000. (comes off down pymt)

chickens97

Just drove home my new G37x Coupe with Nav, and I'm very happy with my choice. Thanks very much to all who've posted in the past, as the numbers here were extremely helpful. Here's where I ended up.

MSRP $46,280
Sale Price $41,293
Gross Cap Cost $45,447
Down Pmt $1,222
Net Cap Cost $44,225
Resid % 61%
Resid Val $28,231
MF 0.000480 (with 5 security deposits)
Term 39 months
Miles 12K/year
Depreciation $15,994
Total Rent $1,356
Total Payment $444.89