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G37x with Nav, Preminum, accent pkg ($43,xxx)
negotiated price $38000
down payment : $1000
39 months, 10K per year
$349 per month!
I know that this is a awesome deal without putting any extra security
Thanks
Johnny
60% residual
and .00094 MF
These lease rates are for G37/G37x for 39 month lease till end of August
I used the steps below for the infinity G37x and it worked again:
1: Research the car you want to buy/afford and know exactly what options you want and what the total cost would be (MSRP)
2: Go to truecar and get the best possible price with your options in your area
3: Get you credit Score (very important)
4: Get the MF and Residual rates for your car
5: Find out if there any incentives (dealer, loyalty..etc)
6: Go to leaseguide and plug in the numbers from Step 1, 2 and 4 and come up with your monthly lease rate
7: Reduce the monthly lease rate by 10-15%
8: Go to the manufacturer's website and collect the contact information for all dealership around you (I used up to 100 miles)
9: 1 week before the end of the month: Send a email to all the dealerships with the following information:
the car you want, with the options explained, your credit score, what you are willing to put down, what you are willing to pay up front (taxes, fees) and your monthly lease price from step 7
10: Sit back and wait for the dealership to negotiate/send you offers
I do this every three years and it saves me so much time/headache/haggling with the dealership.
I hope this helps someone.
Thanks
Can you please let me know what you think of this deal?
G37x sedan premium package, 39 months, 12k
1300 out of pocket and 375 a month
Thank you
Can you let me know what is the residual value and money factor for G37 Journey Sedan 24 months 15k per year.
Thanks in advance
can you provide me with updated money factor and residual % for a g37x 10k lease in NY?
TIA
Location: North Texas
Cap cost $38,890
Residual 62%
Money factor .00154
Acq fee $700
Loyalty cash $1K
39 months (12K/yr)
monthly payment of $452
0 out of pocket
thoughts?
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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With the lease rates no being so good on the 2011 G37 Journey I was thinking about trading in for a more expensive care at a lower monthly payment. Would it be bad to do this? Do I stand to lose anything by trading in this early or is it even possible?
I know often times if you are trading in an Infiniti for and Infiniti they are pretty good about waiving certain fees for loyalty. Does anyone have any opinions about this?
The only fee you won't pay is the lease turn in fee since the dealer will be buying the car from Infiniti. You will have lots of negative equity to roll into the next lease (if they even will roll it all in) which will really raise your payment.
Hold onto the card for at least another year and a half before you think about trading it in.
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
Thanks so much!
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
Thanks.
2011 G37X Sedan
Leasing in NY/NJ but live in PA. (not sure if this affects rates)
Can you give me the MF and Residual for 36/39 months with 15/20/30k miles per yr. Assuming Tier 1 but do you even have access to Tier 2?
thanks
Dallas, TX
2011 G37 Journey Sedan
Pkgs: Nav, premium, perf tire/wheel, interior accent
Other: Illum kickplates, maple wood
Top tier credit.
MSRP: $42355
Net Cap Cost: $37165 (includes $1000 loyalty)
MF: .00149
Residual: 63%
39 months @ 10K mi/yr
$0 down/up front.
No taxes.
The car is the G37x AWD with navigation and premium packages with 15,000 miles per year. I also have a Nissan Altima with 3 remaining lease payments that they are taking me out of (not rolling the payments into the new lease).
The MSRP of the vehicle is $43,035, sale price $39,163, residual value is 62% and the money factor is .00131.
Paying taxes and fees up front ($2708) it would be $404/month. Sign and drive would be $466. Rolling in the taxes but not the fees would be $444.
Thanks.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
For the duration of the 36 month lease, that $20 per month adds up to an additional $720.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
I want to get this down to $430 for sign and drive. Is that a pipe dream or can I make it happen? If so, where is my room to negotiate - sale price?
There's a lot more room for improvement if you don't really need the 15k mi/yr though. Getting the residual up to 0.65 from 0.62 might save you more than $30/mo.
As I said I'm a newbie, so I'm a little confused on the money factor. Is the money factor tied to your credit score at all? They haven't even checked my credit yet. Not that I'm worried, my credit is good, but I'm curious as to what determines money factor.
Thanks again for your help.
Dallas, TX
2011 G37 Journey Sedan
Pkgs: Nav, premium, perf tire/wheel, interior accent
Other: Illum kickplates, maple wood
MSRP: $42355
Net Cap Cost: $37165 (includes $1000 loyalty)
MF: .00109
Residual: 62%
39 months 12K mi/yr
No sales taxes
Paid $984 up front just so that I wouldn't be financing the acquisition fee and the title fees.
Doing the math, you get $348/month.
Good luck!
The numbers for an otherwise identical 39 month lease are .00131 and 62%.
I believe that 15,000 miles per year is the highest mileage allowance that IFS publishes residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is usually cheaper 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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The numbers for an otherwise identical 39 month lease are .00182 and 60%.
Car_man
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The numbers for an otherwise identical 39 month lease are .00131 and 62%.
15,000 miles per year is the highest mileage allowance that IFS publishes residual values for. If you need to drive more than this 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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Having said that, the selling price that you were quoted for this car looks great.
Car_man
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Hi Jim,
43,040.00 list
sell 40,400.00
trade 22,500.00 --cap reduction 2,705.43
adjusted cap cost 38,589.57
due 600.00
next payment due 9-14-11 of 406.05 includes tax (without tax is 386.71)
residual 28,406.40
hope this helps matt
Perfect explanation from leasecompare.com:
Because you pay for the use of a vehicle during a lease, you should put as little money down as possible, up front. Although putting money down can lower your lease payments (by reducing your capitalized cost) in most cases it cannot be regained in the event of early termination due to a loss.
For example, a customer once leased a Toyota 4Runner and put $3,000 down as a cap reduction. Five months later the vehicle was totaled in an accident. The client's insurance paid its portion of the lease payoff and Gap Insurance paid the balance. Our client walked away with only paying his insurance deductible but he did not get reimbursed for his initial down payment of $3,000. It was lost.
The moral of this true story is to put as little money down as possible,ideally no money down. Here are some other things to consider:
- Money down is taxable
- Take the money you would have put down and invest it
- Put your down payment in a savings account and use a portion each month to help make your lease payment
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
I see that you have posted the MF and residual for a 15k/yr 36 month lease on the G37x for August. Can you verify the MF and residual for a 15k/yr 36 month lease on the regular G37?
Thanks
I'm looking at multiple options right now, but my favorite car - by a long shot - has to be the G37 Convertible. I'm currently in a position that makes leasing the best possible option, so I'm trying to learn as much as I can (Edmunds has been a huge help here).
Car_Man, I've been following your posts regarding rates and residuals, and I'm wondering if you might have some insight into what the next two weeks hold. At what point between now and the end of Labor Day weekend would be the best time to make a final offer? Will there be specials after the $519 special goes away after August, or is this as good as it will get?
Specifically, I'm looking for a 36-39 month lease at 10,000 miles per year (I live downtown DC, so I don't have to drive to work, ever). There are at least seven dealerships in my area, and most of them have cars in stock that meet my criteria. I would love to put $0 down, but if it puts my monthly too high above the competition (about $480 - $530), then I don't think this will be the right choice.
Any tips and advice would be welcome. Thank you.
I'm looking to lease a G37 sedan in Texas, I've got a quote for the following;
G37 premium, sport, nav packages MSRP $43,405
Cap cost $41,154
Residual $26,911
Depreciation $14,243
Rent $4,592
Total payments $18,835
First payment + fees = $747
Then $482 / month for 38 months with 12k per year.
The MF is .00170 but he didn't really want to tell me that so I'm not sure it's accurate.
Think it's pretty good, $20 a month cheaper than other quotes I've got but I haven't really pushed hard yet. I like that tax is rolled in to it and next to no money down.... What do you guys think?
THANKS!!!!
Car_man
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Car_man
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The selling price that you were quoted isn't bad, it's less than $1,000 over invoice. If you're in an area that has a decent level of competition though I wouldn't be surprised if you were able to shave a couple hundred off.
Car_man
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Thanks for your help!
This is for a G37x coupe with premium illuminated kick plates carpeted trunk, does not have nav
MSRP: 44100 - I don't have this number, its not on the sheet i brought home and I didn't realize it, i'm using the residual value which is on the sheet to determine what msrp should be, but this sounds about right for the car.
gross cap: 40076
cap cost reduction: 1000
adjust cap: 39076
residual 28665
depreciation: 10410
rent 5442
total base payment: 15852
# of payments, 39
base 406.48
tax 24.39
total 430.87
due on delivery:
cap cost reduction 1000
doc fee 190
tax @ 6% 113.4
1st month 430.87
acquisition 700
license 23
drive off 2457.
I have 1k lease loyalty so that would reduce drive off to 1457.
overall i think this is a pretty solid deal.
$1457 at signing $430 a month for a g37x coupe with premium
I definitely need to verify the msrp, but it should be close.
Other than that, it looks like a pretty good deal with the exception being i think they are marking up the money factor, but i'm not sure if that changes with the 39 instead of 36 month lease.
anyway, if car_man or anyone else could chime in, i'd appreciate it.
edit to add, I'll probably have him take out the 1k cap cost reduction, up the payment some, and still use the lease loyalty to reduce cash due at signing
This means they are using 64% as residual on 39 month lease instead of 36. can anyone confirm this.
also, i have .00170 down as money factor on a 36 month, is money factor the same or changed on a 39 month? I think they are using about .002
I am in the market for another Infiniti. This will be my 7th deal in the past few years (friends and family)
I need the Residual and Money Factor for a G37X Coupe and G37 Coupe Convertible for 39 months with 12K miles per year (Does Sport model make a difference?). Also correct me if I am wrong; 15K miles reduces the Residual 2% and each MSD (multiple security deposit) reduces the Money Factor by .0001 for up to 9 MSDs
Is Infiniti running any loyalty programs right now? I think I saw a poster mention it above.
As always thank you!
I am new to this and I am looking to get the exact same lease. I was wondering how much did you put down? Did you get bank fees and taxes rolled in the lease or did you pay those upfront?
Thanks,
Matt
Im looking to get a lease by the end of the week. How much should I be paying a month if I get bank fees and taxes rolled in the lease and with no money down.....approximately? This is for A 2011 G37x Sedan 12k miles 39 months.
I got a quote for 385 with bank fees and taxes rolled in and zero down. This lease is for 39 months with 12k miles. Due at signing is 1st month and DMV fees.
This is a lease in New York.
Please let me know.
Thanks,
Matt