Infiniti G37 Lease Questions

westfeezy

Deal sounds pretty good to me, but what do you think?

2011 Infiniti G37x Coupe
Premium Package
Navigation Package
MSRP: $46,640
Initial Negotiated Selling Price: $40,900
Money Factor: 0.00176
Residual: $29,849.60
$0 Cap Cost
15,000 miles per year
Initial offer $468/month incl. taxes

Final negotiated deal was $408/month including taxes, all excess wear and tear on my turn-in 08 coupe waived, and $1300 total due at signing including first month's payment. IFS offered a 3 month pull-ahead and the dealer is taking care of my last (fourth) remaining payment.
Deposit is down and I'm waiting for a review copy of the paperwork to come through.
I have VPP Plan A membership and loyalty since I currently have a G37 coupe leased through IFS.
Thoughts? I had two dealers make this offer, but went with the closer one. The dealer I went through last time couldn't/wouldn't match it.

phillydilly

seems like a pretty good deal to me.
I'm currently negotiating a similar car, no nav though,
They said they can do $459 a month $426 due at signing.
I have lease loyalty but don't have the VPP A.
If I move the lease loyalty from covering money down to the monthly payment, mine becomes $1400 due at signing $430 a month.
So you're final deal is $22 less a month than mine plus nav , which sounds about right since you have VPP and I don't.

1buffdaddy

Wow, how much did you have to put down? Would you be willing to send me a copy of that lease so I can use it to negotiate this weekend? You can obviously black out all of the details you do not want out in public.
Thanks

mitcharno

Hi. can u tell me what the 'VPP A' is. I already know I'm top tier through IFS. Txs!

mitcharno

Hi psmitty- I also live in DC and am negotiating a lease. Just wondering if it makes sense to compare notes & dealers. Would love to get u're take. Txs, mitcharno at gmail dot com

westfeezy

VPP is the Nissan/Infiniti Vehicle Purchase Program, which gives you pre-negotiated discounts on vehicles, to below invoice. Plan A is the top tier of that (as far as I know). I think most membership is through your employer. I didn't have it at my old job but did from my new.

mitcharno

Thanks! Spoke to ifs and they told me it was a family & friends program for Nissan employees. Appreciate the info

twodomes

2011 g37 coupe journey rwd w/ premium, nav, ill. kickplates, interior accents, performance tire/wheel, cargo mats

msrp: $46030
Sale price: $41414
39 mos, 10k miles/yr
$975 down including first months payment, $430/ month including CA sales tax.
Offer includes $1k loyalty cash

Was trying to get the $1k manufacturer to dealer marketing support, but apparently it's only for purchases or non-IFS leases. two dealers told me that and when I called Infiniti consumer affairs they couldnt even find the listing of the incentive, even though it's on Edmunds site. I'm in SoCal.

Thoughts? Should I pull the trigger?

landino

Curious as to how this looks, particularly the MF and residual value. This is for a G37x with premium and nav - 39 month lease and 12k miles/year:

MSRP (including destination) - $43,635
Negotiated price - $39,114 (TrueCar.com)
Acquisition fee - $700
Residual value - 64% ($27,926)
MF - .00131

I don't qualify for the current $1000 loyalty rebate as this would be my first Infiniti. Aside from this, I feel like this is a good deal. However, I'll really be upset if richer incentives are offered in the fall and I pull the trigger now.

I'm also curious if any of you have used the AutoTrader tool for trade-in values. The dealership told me they would accept their trade-in value for my car.

Thanks in advance for your help!

mitcharno

With help from kyfdx, Car_man & this forum, I've got the following lease deal for G37x sedan/AWD on the table.

*Would appreciate feedback as I'm supposed to do the deal in the morning. dont have monthly pymt or OTD yet- still trying to have them buy current car (lease is done) and save on taxes:

MSRP- 41,220 (incl destination)
sale price- 36,750
mf- .00125
residual- 65%
miles- 12K/yr
36 months
doc fee- 400.
acq fee- 700.
owner loyalty- 1k
tax (va) 6.17%- couldn't get around the 0.17%
desposition fee- #350.

What do you guys think? OK deal? Txs! Mitch

richrounders

I am trading in a 2010 G37 C with a payoff of $40,295. I am paying $740/month with 5 years left. I think the car is jinxed, I have had to repaint the roof and fix dings twice on it, and I have had to replace the hydraulics for the top... so I just want to start fresh with a new one.

A local dealer would take it in and roll the negative equity in the sale price and get me a 2011 with sticker of $53k, to a 72 month purchase price for $835... but the dealer I bought it from offered me the same car for $773 for 72 months after taking my trade.

I think I am actually going to end up leasing this one however. So this is what was offered. They would pay off my car ($40,295) plus an additional $705 to cover the first month payment of lease so I sign and drive.

Sign and Drive - including paying off my current loan plus an additional $705 for first payment.

Agreed upon price - $50,083.11 - Sticker was $53k and change.
Total Gross Cap cost - $51,948.11
Cap Reduction - $14.94 (remainder of trade balance minus first month payment)
Adjust gross cap cost- $51,933.17
Residual - $31,762.65
Depreciation - $20,170.41
Rent - $5,940.87

Total monthly payment is $689.61 / 39 months / 15k miles
I could also buy it after trade for $773 / 72 months

I do have the following fees that went into gross cap.
Agreed upon value - $50,083.11
Title, Lic, Reg - $167
Acquisition - $700
Doc - $599
MYSTAR - $399 (i just noticed this. its a 2 year phone service that they said they provide to all customers, I didnt know I had to pay for it)
Total Gross Cap - $51,948.11

Any advice you can offer is greatly appreciated. I feel like its a great deal for me to get out of my car, when nobody will offer me more than $35,000 and I owe 40k. Even if I bought I am only changing my payment by $33 a month. I did not get a lease quote from my local dealer since they were so high on sale price I didnt bother.

mitcharno

Hi all-

Thanks for your input!

In the hopes that this will help someone, I'm posting the lease deal I worked out with Passport Infiniti in Va. I got the dealers name from this forum and had a mostly positive experience. I dealt with Robert (sales mgr) and Sandra (salesperson)- good people. New lease is for g37x/AWD, premium, interior trim, splash guards.

The trade-in value for my 2008 G35x was 21,500. I saved 1,300. in taxes on the new lease, being taxed on the difference between sale price and trade-in value only. iow- i turned the car into the dealer at end of the lease and not Infiniti.

MSRP- 41,490
Sale price- 36, 750
mf- .00125 (top tier)
residual- 65%
miles- 12k/yr
term- 36 months
doc fee- 400.
acquisition fee- 700.
deposition fee- 300.
loyalty money- 1,000
taxes- 6.17% (leased in Va, live in Md)
tags, title- $269. (tags transfer)
doc fee- 400.
destination fee- 895. (incl in sales price above)

OTD- 1,400. (incl 1st month, tax/tags/title, acquisition)
monthly payment- 380.43

nb_111

Hi carman

I got a quote for G37 with premium package 39 month lease. 10k, $500 down, $487 per month. selling price of the car is 37281. Am i getting ripped off?

Thank you

nb_111

Hi, all

money factor they gave me is 0.00109, and residual is 63%. what do you guys think?

munch21043

I am trying to get a lease on a similar build g37x coupe with premium pkg. MSRP 44,590. 39 mo and 10k/yr

I was going off of a MF of 0.00176 and RV 66%. Initial offer from Dealer was 485/mo + 1000 (fees and 1st mo) to hit the road.

I negotiated lease price down to 40,000 and they came back with 469/mo + 1000. Sounds like they raised the money factor on me.

What do you think Car_Man? Also are AUG MF and RV the same as JUL???

CarMan@Edmunds

You're very welcome brittexan.

Car_man
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chiefvb

Hey Car man

What is the money factor and residual for a 24 month lease on a G37x Coupe with Premium and Nav package with 12k miles? What would payment be for a sale price of $41,000 8.625% tax? I got

Do you also have the same for 36 and 39 month? I get $418 on a 39 month lease with 0 down.

Thank you.

CarMan@Edmunds

Hey larrym. Here's the information that you're looking for. Infiniti Financial Services' August 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 .00176 and 65%, respectively for consumers who qualify for its top credit tier.

The numbers for an otherwise identical lease of a G37 Convertible are .00182 and 60%.

I believe that 15k reduces the residual values by 1%.

The info that you have on multiple security deposits was correct the last time I checked.

Car_man
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CarMan@Edmunds

Hi Matt. I would be happy to use Infiniti's current lease program to work up a sample payment on the exact car that you are interested in for you provide me with its full MSRP and dealer invoice price. You can find that data over in the New Vehicle Pricing section of Edmunds.com.

Car_man
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CarMan@Edmunds

Hi nb_111. The money factor and residual value that you were quoted are right on the money. It's tough for me to evaluate this car's selling price without an MSRP or dealer invoice price to compare it to. Do you have either of those numbers?

Car_man
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CarMan@Edmunds

Hi munch21043. IFS' August buy rate lease money factor and residual value for a 39 month lease of a 2011 G37X Coupe with 10,000 miles per year are .00176 and 66%, respectively for consumers who qualify for its top credit tier.

The $4,500 discount that you were quoted on this car is excellent. Just make sure that they're using the right money factor to calculate your payment and you're in business.

Car_man
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CarMan@Edmunds

Wow, we're on at the same time, chiefvb. You almost snuck this post past me. Here's the info that you're looking for.

Infiniti Financial Services' August buy rate lease money factor and residual value for a 24 month lease of a 2011 G37X Coupe with 12,000 miles per year are .00168 and 74%.

The numbers for an otherwise identical 36 month lease are .00170 and 66%.

The numbers for an otherwise identical 39 month lease are .00176 and 65%.

How's that for fast service ?

Car_man
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chiefvb

Awesome Thanks so much!

So for MSRP of $45,995. Sell price $40,884 on a 24 month lease would be $445 a month at 8.625% tax?

Thank you

brandonub

I'm looking at leasing a G37X, Sport, Premium, and Nav packages. The MSRP is $48330 and the invoice (according to Edmunds) is $44248. The dealer offered a price of $44832.93, with a 0.67 residual and Money Factor of 0.0022. With 6% tax, plus tags/fees, and $3000 down, this comes out to $529.97. This seems a bit high to me, and I think they have some wiggle room - am I off base?

nb_111

thank you so much for replying. Car_man . msrp on this car is 39405, selling price of the car is 37261.. the money factor is 0.00109 with 63% rv. Down payment is $500 monthly payment is $487(include tax). I dont have anything to trade in. is this a good deal? g37 with premium package. Thank you

munch21043

THX CAR_man. I have a question about buying this car at lease end. I know I would have to cover the residual value of the car, right???

Plus the interest rate on a car loan would be for used car rates or does IFS offer better than avg interest rates on lease rollovers???

Regards

jessesj

Car Man, once they become available, would you please provide the September MF and residual rate for 36 mo. lease/12k mi. for 2011 G37 Coupe Journey w/ Premium & Navi? Thanks much.

chiefvb

Hello

Does anyone know if the August Rates are good through labor day?

paprof

Car: G37x with premium package
Selling Price: Invoice
Money Factor: .00131
Term: 39 months
Money Down: True Zero (no money at signing)
Region: Philadelphia, PA
Net Trade (2008 Lexus ES350): $3000
Payment: $371 (incl. tax)

heard006

Car_Man,

Could you let me know the Money Factor and Residual on the following?

2011 G37x Sedan
Navi
Premium
39 month lease
12k miles per year

Thanks for the help--I really appreciate it!

sammybalco

1000.00 + 1st payment......
2011 G37X White/Black Sedan with Sport/Navigation/Premium and Aero Kit
for the $450.00 x 39 months 12k miles.

can i get a better deal. this is the sedan not the coupe

chiefvb

Using August numbers you can get that deal for $0 down plus 1st month $450 a month.

Some advice go last day of the month and know what you want to pay and tell them another dealer is doing that price...

sammybalco

how do you actually calculate that? i will be purchasing this vehicle soon and would like to get the best deal

daapower

Got this deal in white plains infiniti

2011 G37x coupe
Prem/Sport/Nav with 3 small add'l options

negotiated price $41,850
Resid 71%
MF .0013
24 months
15k miles

They want $1,319 + $463 a month. Is this a good deal?

Thanks

timbo56

Hi Car Man,

Could you please provide the current money factor and residuals for a 36 and 39 month lease of a G37x coupe with 15k miles per year? Thanks!

humble226

Hello,

So I just went to check out a lease at a local dealership near Chicago, and was given some numbers that don't match any of the published valued I can find on the Internet. For example, compare:

http://www.ridewithg.com/index.php/2011/09/2011-12-infiniti-lease-rates-septembe- r-2011/

With the numbers I was given:

G37x Sedan AWD

Term Resid Miles Money Factor
24mo 71% 10,000 .00136
24mo 70% 12,000 .00137
24mo 68% 15,000 .00137

36mo 64% 10,000 .00132
36mo 63% 12,000 .00137
36mo 61% 15,000 .00138

39mo 64% 10,000 .00132
39mo 63% 12,000 .00137
39mo 61% 15,000 .00138

48mo 56% 10,000 .00174
48mo 55% 12,000 .00175
48mo 53% 15,000 .00175

The numbers I have for M37x don't match either.

Historically carman's #'s and ridewithg usually match, so I'm wondering why this dealership's don't. Anybody have other sept #'s to confirm these against? Their numbers are significantly worse of course, so I'm wondering if they're trying to pocket the difference.

phillydilly

Just want to chime in i'm also looking for money and resid on a G37x coupe 15k 36 month and 39 month.

I'm lined up to sign on a
G37x coupe premium no nav tomorrow
msrp is44790
cap is 40076
lease loyalty is 1k which would apply to fees, not cap cost.

Dealer is telling me 39 month is $459 with $519 due at sign
36 month is $485 with $545 due at sign.

Using ridewithg numbers, i think both the monthlies should be about $30 lower.
I'd like to get G's numbers verified if I'm going to consider not signing.

kingpcgeek

Remember that G's residual numbers are for 15k miles a year. Dealers cannot change the residual, but they can markup the money factor.

1buffdaddy

Here is the deal I have negotiated, it seems ok, but many of you are not putting as much money down.

G37x with Prem Pkg, Sport Pkg & Navigation Pkg.
Maintenance pkg included in lease price covers all required maintenance for duration of lease. (because I am comparing against BMW)
39mo lease, 12k miles/yr.
$2,500 total down, $415/mo. after tax
If someone has a better deal, please send to me on paper to help me negotiate.
Thanks.

CarMan@Edmunds

You're welcome, nb_111. It looks like you're at around $900 over invoice for this car, which isn't bad. Having said that, if you're in an area that has a decent level of competition you might be able to beat this deal by a couple hundred dollars by shopping around.

Car_man
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CarMan@Edmunds

No problem munch21043. Theoretically you are correct, your vehicle's lease-end purchase option price would be its residual value. Having said that, from time to time banks are willing to negotiate vehicles' purchase option prices. There's certainly no guarantee that IFS will, more often than not banks won't, but it's worth a shot when the time comes.

You would have to pay a typical used vehicle rate to finance your vehicle, which is actually really low right now. That is of course unless Infiniti is running some sort of special promotion several years from now.

Car_man
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CarMan@Edmunds

Here's the information that you're looking for, jessesj. Infiniti Financial Services' September buy rate lease money factor and residual value for a 36 month lease of a 2011 G37 Coupe Journey with 12,000 miles per year are .00128 and 63%, respectively for consumers who qualify for its top credit tier.

Car_man
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CarMan@Edmunds

Here you go heard006. Infiniti Financial Services' September buy rate lease money factor and residual value for a 39 month lease of a 2011 G37X Sedan with 12,000 miles per year are .00145 and 63%, respectively for consumers who qualify for its top credit tier.

Car_man
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CarMan@Edmunds

Greetings timbo56. Infiniti Financial Services' September buy rate lease money factor and residual value for a 36 month lease of a 2011 G37X Coupe with 15,000 miles per year are .00137 and 63%, respectively for consumers who qualify for its top credit tier.

The numbers for an otherwise identical 39 month lease are .00145 and 62%.

Car_man
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jessesj

Thanks, Car man. A few follow-up questions:

1) How does the MF and residual change for a 39-month lease instead of 36 months?

2) Is there still a $1000 loyalty incentive? And are there any others for the G37 coupe right now?

3) Seems like the MF took a decent jump from August. Generally speaking, is that to be expected moving from Aug. to Sept.? Are there any MF trends typical for this time of year?

Thanks a lot of any insight. I appreciate all the help.

ronspartan

HOST MAN; Here is my lease offer from MI dealership:

2011 G35X with prem & sport packages along with Navigation system. MSRP $44,095 39mo, 15K. no money down (sign & drive), 38 payments of $417.18 incl 6%tax with Multiple Security deposit of $4050. I also have $1,000 loyalty as I am returning 08 G35. I was told money factor is .00029 and residual is 60%. Interested in knowing if this is good deal. It appears to be and salesman tells me it is $159 over invoice. Appreciate any comments. Thanks...............

munch21043

I was working on the same car with same MSRP. I was able to get dealer down to 40000 but was trying to get down to 39500. So you look pretty close.

I backed out of deal due to Maryland Lease Law and the monthly payment being over my budget. Didn't know going into deal Maryland taxes 6% on the Cap cost of the car and rolls it into monthly payments, instead of just paying tax on the car's depreciated value over 39 months.

Thanks Gov Omalley

CarMan@Edmunds

No problem jessesj. Infiniti Financial Services' September buy rate lease money factor and residual value for a 39 month lease of a 2011 G37 Coupe Journey with 12,000 miles per year are .00137 and 62%, respectively.

Yes, there is still a $1,000 loyalty cash incentive on leases of this car, but no other cash incentives that I am aware of on leases of it.

I wouldn't say that Infinit's September lease program is usually worse than its August program is.

Car_man
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CarMan@Edmunds

Hi ronspartan. The money factor that you were quoted looks good. A selling price of $159 over invoice would be excellent as well, though you should get an actual selling price from the dealer to make sure that is actually how much you are paying.

Car_man
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shinng

Apologies if this is the wrong forum, but does anyone know when the 2012 g37 coupes are expected to be available for lease? My 39 month 2008 g37 is up in December and don't want to lease the 2011's as I've heard there are some issues with the automatic transmission. I love my 2008 and would like to wait for the 2012's.

Unfortunately, blogs don't help and the dealers keep trying to lease me their 2011's, which I'm not interested in. Any idea on when 2012 g37 coupes are hitting dealerships for lease?

Thanks.