Infiniti G37 Lease Questions

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  • kingpcgeekkingpcgeek Member Posts: 1,051
    All dealers, more accurately Infiniti Finance, offer no money down leases. You never seen them in advertising because they want to entice people with super low payments.

    I leased a 2010 Coupe last November and didn't pay a dime at drive-off, not even first months payment. Everything was rolled into the lease including the bank fee ($700), doc fee ($400), tags ($700) and first months payment ($482 inc tax). There was $1000 lease cash that help offset some of the costs.

    The key to negotiating a lease is just like buying, by the selling price of the car, not the payment. That is the best way to know you are getting the best deal.

    BTW I love the look of the car, but the transmission is horrible. Its been to the dealer twice and they say they can do a thing about it. My wife's 09 G sedan which has the same transmission is much better. Hopefully the 11's and 12's are better.
    2005 G35 Sedan
    2007 G35 Sedan
    2008 G37 Sedan
    2010 G37 Coupe
    2012 G37 Sedan
    2014 Q50 RWD

    2017 Q60 3.0t RWD
    2018 QX60 RWD
  • kyfdxkyfdx Moderator Posts: 267,211
    No issues with our 2011 7-speed automatic..... pretty smooth... Much better than the 6-speed automatic in our '08 X3, that it replaced...

    Edmunds Price Checker
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    Did you get a good deal? Be sure to come back and share!

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  • shinngshinng Member Posts: 51
    edited December 2011
    When available, could you please provide the December lease rates for a 2012 g37 coupe journey with premium, nav, sport for the following? Also, are there any December incentives?

    36 month/10k
    36 month/12k
    39 month/10k
    39 month/12k

    Also, which of these 3 (all things being equal) would be the most attractive lease in your opinion: 12 g37 coupe journey, 12 bmw 135i, or 12 lexus ct 200h. It'll be helpful to know the MF and residuals for the 135i and the ct 200h, but will post in its respective forums. If easier, you can pm me as well.

    Thank you for your help.
  • dtawildtawil Member Posts: 20
    Hello everyone,

    My 08 g35x lease will be ending in a week or so. I only have 13k miles on the car and was wondering what my best option is. Would purchasing the car be the best thing to do? Does Infiniti offer any deals for lease returns that come in under mileage?
  • ncognito13ncognito13 Member Posts: 66
    I say this with all sincerity..STOP LEASING AND BUY A CAR....you are throwing out your money by leasing. I, too, put on low miles and therefore I would never lease. Unless of course money is not an issue but having a new car is..If that is the case...good for you.

    If the car is in great shape...and the residual makes sense..then by all means by the car..It is virtually a new car with such low mileage.
  • dirtmikedirtmike Member Posts: 1
    edited December 2011
    Can anyone tell me if this is worth going for? Live in VA

    39 months
    12k miles/year

    MSRP: $42335
    Negotiated Price: $35568.38
    Trade in worth $7000
    Adjusted Cap cost: 30427
    Taxes and Fees: 3593.93
    Residual value: 22860.90
    Depreciation and any amortized amounts: 7566.42
    Rent charge: 2472.96
    Total of base monthly payments: 10039.38
    Purchase option at end of lease term: 22860.90 + 300 option fee



    $257.42/month
  • alen129alen129 Member Posts: 13
    Hi, Im assuming this is for the sedan? If correct your negotiated price looks amazing. That %16 off MSRP, But the residual value seems way off, according to my numbers for the month of November your car should have a %59 residual value for a 15K/yr 36MO lease and once adjusted to 12K per year and 39MO lease you are looking at %58. Right now you are getting %54(That's %4 additional saving off your MSRP which translates to another $1700 off). So I would go over that number with the dealer first before you pull the trigger. And aslo I would try to cover the the fees and taxes with the trade in payment and prevent those fees being rolled into the lease itself and therefore accumulating interest. Other then that you are on the right track to enjoying your G. I know I am :) Good luck, let me know if you have any questions
  • alen129alen129 Member Posts: 13
    Car Man,

    Can you please provide the MF and RV for the 2012 G37 6MT coupe with 12K/YR?& 15K/YR

    Thank you
  • AP79AP79 Member Posts: 6
    edited December 2011
    Hey all,

    I liked my car so much that I convinced my sister to also get one.

    We've negotiated a price for her car but she hasn't decided on leasing vs buying.

    She's picked out a 2012 G37x with Premium, Navi, Sport pkg, illuminated kickplates and trunk mat/net/first aid kit.

    MSRP $44,405
    Selling price $ 36,997 + TTL

    She likes to keep her cars for a while so I'm going to assume that she'll end up buying with one of the current promotional interest rates.

    Thoughts?

    AP
  • alen129alen129 Member Posts: 13
    AP79,

    This is an amazing deal, a saving of 16.7%, that being said the Invoice on this car with the same configuration is $40835 and with your negotiated price you've entered holdback land :) good luck
  • cyncyn129cyncyn129 Member Posts: 8
    Can anyone tell me if this is a good deal? Or should I keep looking? I'm located in South Florida

    2012 G37s coupe 6MT
    39 months
    12,000 miles per year

    MSRP: $46,425
    Negotiated Price: $43,781
    Residual: 60%
    Residual value: $27,468
    MF: .00107
    Tax: 7%
    Monthly payment: $525 including tax
    Due @ signoff: $1,500

    Thanks!!!
  • alen129alen129 Member Posts: 13
    cyncyn129,

    your negotiated price is definitely not a bad price although the invoice price on your car in in mid $42K. Try other dealers in your area and see if they match the offered price. The RV percentage and MF seem correct, although 60% of $46425 is $27855 instead of $27468((almost $400 difference), unless the quoted MSRP has the destination fee added to it and that would explain the discrepancy. But go over the RV amount with the dealer one more time just to be on the safe side. :) good luck
  • jd00510jd00510 Member Posts: 16
    edited December 2011
    Hi All,

    Looking at a 2012 G37x coupe w/ premium pkg in NY (we get a lot of snow up here!)

    For this car, I'm showing the following:

    MSRP: 45930
    Invoice: 42006

    Using one of the buying services (USAA), they are offering a buy price at 40,411! Sounds pretty good to me. I am aware of $1k factory-to-dealer money this month as well.

    I'm leaning towards leasing the car. Using this board and another source, I'm showing a MF of 0.001 and residual of 64% on this car (12k mi, 39 mos). Using the USAA selling price and the above numbers, my payment comes out to right around $400 before any trade, etc.

    I guess my question is this: how good of a "selling" price is the 40,411. Looks awesome to me without much effort, but is it reasonable to think I could negotiate this any lower? I'm not averse to shopping the deal around, but already being below invoice (and below the 1% holdback, by my calcuations) I'm not sure how much better I should expect to do.

    Also, it would be great on this board if people deliniated clearly between the coupes and sedans. I get so excited on some of these deals ... until I realize it's a sedan. :-)

    Thanks for any insight.
  • mishka4mishka4 Member Posts: 1
    I am looking to lease a 2012 G37 RWD Journey sedan with premium and navigation packages, using Penfed car buying service.

    MSRP: $41,095 (including $895 acquisition fee)
    Invoice: $37,909
    Dealer Cost: $35,605
    My Price through Penfed: $34,658 ($6,437 or 15.7% off MSRP)

    What are the current December residual and MF for a 36 months / 15K lease offered by Infiniti on G37 RWD sedan?

    Thanks,
    -M
  • ashwenashwen Member Posts: 38
    Assuming you want to get into another lease, trade in your 08 while leasing your new car. Make sure to get a quote from Carmax for your 08 and have the dealer match that price when trading in. I am sure you have equity in that car and should walk away with cash in your pocket. Make sure to have the dealership cut you a check for the equity and NOT apply it towards the lease.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi aap79. Infiniti Financial Services' current buy rate lease money factor and residual value for a 39-month lease of a 2012 G37X with 10,000 miles per year are .00088 and 60%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a 2011 model are .00040 and 55%.

    There's nothing wrong with going with a 39-month lease. I've done it myself numerous times in the past. doing so usually shaves a couple of bucks per month off of your vehicle's payment.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi historically. IFS' current 36-month lease money factor is the same for all 2012 G37 Coupe models, .00100, except for the AWD which is .00090.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi ton1220. Do you own the car that you are trading in outright? If so, you should have the dealer cut you a check for it rather than using the proceeds from it as a down payment for your lease. I always advise consumers against marking large down payments on leased vehicles. Those who make them risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered.

    The money factor that you were quoted for this car looks good. The selling price that you were quoted looks good as well.

    Car_man
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  • bostonbenbostonben Member Posts: 71
    The price seems very reasonable. To maybe save a few more bucks, I would recommend using a service to contact the dealers directly without guaranteed pricing e.g. Edmunds. Alternatively, go to each dealer's website, pick a car you are interested in, and ask them for their best price via email. Prepare to get bombarded with email and phone calls..I would recommend making up a new account for this and a Google voice phone number. It looks like the bottom line dealer cost is something like 39,239 for this car.
  • jd00510jd00510 Member Posts: 16
    Ben -

    Thanks for that. I appreciate the response.

    I thought it was a decent deal myself. Only one dealer (200 mi away!) is participating - submitted a request. They tried to call me tonight but I didn't catch them. I'll let you know how it goes.

    BTW, how are you figuring your 39.2 as the bottom line? I'm calculating invoice (w/ destination) as 42,006. Holdback is 1% of MSRP = $445. Thus "true invoice" I'm thinking is $41561.

    There is a $1k mfg-to-dealer incentive, but I am told that only applies to purchases and not leases.

    Would love if you have any other info that might help me chip the price down even a little more!

    Thanks!
  • jd00510jd00510 Member Posts: 16
    Nevermind. Looked around for more numbers and - using Edmund's numbers - seems that you're right, dealer cost for the car should be right around 39.5.

    So it's not a bad deal, but still leaving some room on the table. I'll email some more dealers tomorrow and see if I can get any offers below the buying service.

    Thanks!

    PS - according to edumunds, that $1k factory-to-dealer incentive should apply for BUY or LEASE. So again ... getting hogwash from a salesman ... real surprising ...
  • shinngshinng Member Posts: 51
    Please let me know your thoughts on whether this is good to pull the trigger.

    2012 g37 coupe with prem, nav, sport and a few other unwanted add-ons
    msrp = 47130
    sp = 42262
    acq fee = 700
    license fee = 375
    mf = 0.0010
    residual = 61%
    sales tax = 8.75

    36 mo/12k
    1000 loyalty rebate = 0 due at signing which also includes a cap cost reduction on leftover amount on rebate. this applied to 1st month payment, sales tax on cap cost reduction and doc fee (45.00)

    payment = 506.96 per month including tax
  • jd00510jd00510 Member Posts: 16
    edited December 2011
    Can anyone tell me what the official residual/MF on a 2012 G37x coupe with premium package only will be? Also money factor would be helpful.

    I'm collecting offers and the dealers seem to be playing with those two in particular, varying from 60 - 64% and 2-3% finance rates ...

    Thanks!
  • gusbufgusbuf Member Posts: 75
    Hello Carman. I am currently driving an 08 G35x whose lease is up in early January. What are the current December MF and residuals for a 2012 G37x 12k miles/yr, 36 months AND 39 month terms? Also, what kind of loyalty cash or other incentives are currently available to current Infiniti owners? Thanks.
  • cyncyn129cyncyn129 Member Posts: 8
    edited December 2011
    Went back to try and get some more knocked off the price. Should I pull the trigger? I'm located in South Florida.

    2012 G37s coupe 6MT
    39 months
    12,000 miles per year

    MSRP: $46,425
    Negotiated Price: $43,500
    Residual: 60%
    Residual value: $27,438
    MF: .00107
    Tax: 7%
    Monthly payment: $510.81 including tax
    Due signoff: $1,500

    The dealer also threw in tints, wheel locks & the 1st oil change.

    Thanks again!!!
  • shinngshinng Member Posts: 51
    I too have a 2008 G and I'm shopping for a 2012 g37 as well and have been told by multiple dealers that the only leasing incentive for current Infiniti owners is the $1000 loyalty cash.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hello shinng. Infiniti Financial Services' December buy rate lease money factor and residual value for a 36-month lease of a 2012 G37 Coupe Journey with 12,000 miles per year are .00100 and 60%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 39-month lease are .00107 and 59%.

    The residual values for leases with only 10,000 miles per year are 1% higher.

    The lease programs for all three of the vehicles that you mentioned are fairly comparable.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi alen129. Infiniti Financial Services' December buy rate lease money factor and residual value for a 36-month lease of a base 2012 G37 Coupe with 15,000 miles per year are .00100 and 62%, respectively for consumers who qualify for its top credit tier.

    The residual value for a lease with only 12,000 miles per year would be 1% higher.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • jd00510jd00510 Member Posts: 16
    car man -

    what numbers do you have for MF and residual on a 12k mi/39mo lease on a g37x coupe with premium?

    how about a 12kmi/36 mo?

    Thanks,

    Ryan
  • don2428don2428 Member Posts: 6
    Just landed a great deal....
    2012 G37X......

    premium pkg......

    10k yr......

    24 moth lease....

    no $ down

    1st month + tags due @ sign.........

    tax + 700.00 bank fee in payment and I live in NY.......

    359.00 month.............
  • DB_from_NCDB_from_NC Member Posts: 16
    Don, that is a freakishly low walk away. Well done. I'm paying $379 for the 2010 G37 Journey with nothing down.
  • cchilioscchilios Member Posts: 2
    don2428,

    I'm in NY as well and looking for that exact car you just leased. Do you mind telling me which dealer you went to? And to confirm, you paryments of 359/month include taxes and the 700 bank fee with 0 down?

    Thanks
  • don2428don2428 Member Posts: 6
    Hey cchilios,

    I should have disclosed that it's a 4 door sedan......I think your looking for a coupe..

    But anyway Kings Infiniti in Brooklyn....

    I purchased a 2006 G35 coupe from them in 06 and they gave me an unbeatable price...

    And to top this all off I did this over the phone and in about 10min.....

    These guys down @ Kings like to move cars....and with there deals they do!

    Best of luck Happy Holidays.....
  • cchilioscchilios Member Posts: 2
    don2428,

    ok thanks, you got a great deal!
  • poelsypoelsy Member Posts: 12
    Does anyone know what the residual and MF are for a 2011 G37x coupe? 36 or 39 month. 12k miles.
  • zzhhzzhh Member Posts: 18
    edited December 2011
    I currently have a 09 G37x that i am leasing for 506.50 a month 15k miles a yr. the dealer payoff is 25878.39. I have 8 months left on the lease. A dealer just offered me a 2011 G37x AWD+premium package for 450 a month to replace my 09 for just 1st month lease (450) + bank fee of 700 + reg fees. is this a good deal? I said I wanted the 2012... do u think I am asking for too much? is it a good deal for the 2011? should i not get a 2011 being that its almost 2012. I am in LI, NY
  • zzhhzzhh Member Posts: 18
    I currently have a 09 G37x that i am leasing for 506.50 a month 15k miles a yr. the dealer payoff is 25878.39. I have 8 months left on the lease. A dealer just offered me a 2011 G37x AWD+premium package for 450 a month to replace my 09 for just 1st month lease (450) + bank fee of 700 + reg fees. is this a good deal? I said I wanted the 2012... do u think I am asking for too much? is it a good deal for the 2011? should i not get a 2011 being that its almost 2012... Do you think I can get a better deal than this?? I am in LI, NY.
  • natebmsunatebmsu Member Posts: 2
    Long time lurker, first post.

    Opening offer from the dealer: 2012 G37xs (options below)   518/month including tax, 24 months at 15K miles/year. Residual is 68%, money factor is .00063. $1485 due at signing.  

    Details

    BASE        $37,800
    IKP     $360
    ILLUMINATED KICK
    MNF     $200
    TRUNK MAT, CARGO
    NAV        $1,850
    NAVIGATION PACKAG
    PRM     $2,150
    PREMIUM PACKAGE
    SPT     $1,150
    SPORT PACKAGE
    Freight Charge        $895 (vehicle was not at local dealer)
    Total      $44,405

    The sale price is $40,811

    $1,485 due at signing:
    $518 1st payment
    $700 acquisition fee
    $190 Document fee
    $15 title fee
    $8 transfer fee
    $53 tax


    I have plugged the numbers into a lease spreadsheet but I cannot for the life of me get to the $518/month they are using. Truecar says similarly equiped is $38,249 haggle free, so I feel there is some wiggle room on the price. Thoughts on this? it seemed pretty attractive given the term. Thanks
  • alen129alen129 Member Posts: 13
    edited December 2011
    natebbmsu,

    couple of things I wanna point out that came to my mind and hopefully will answer your question about this lease offer.

    1. The price you have negotiated is not a bad price but its not a great price either. The Invoice price for the same car is $40226. So try emailing a couple of different dealer & see if they'll match the offered price.
    2. The $895 Freight fee, is a huge ripoff and I would recommend walking away from any dealership that is charging you the freight fee.(assuming this is not the destination fee. which I'm guessing is not judging from your post), That saving alone will take you to under invoice price range.
    3. The monthly payment of $518 seems correct, just going strictly off your provided numbers I get $529.69/MO here in California with a tax rate of %8.75. Before tax it should be $487.07 anywhere in the country(Again doing the math using the numbers provided).
    4. The MF looks amazing and translates to %1.512 APR which is a great number.
    5. I would ask Car Man or a different dealer about the residual value of %68 just to be sure. To be honest with you I haven't seen the 24 month lease numbers so I don't know how accurate your dealer is.
    6. Like you said the price is a little high and there is a little wiggle room. But if you can get the $38,249 the truecar price you mentioned your payment would be $378.70/MO before tax.

    Good luck& Let me know how it goes :)
  • natebmsunatebmsu Member Posts: 2
    Alen,
    Thanks for the quick reply! very helpful.

    For the freight, the dealer basically indicated that when I originally requested a sport model (not too popular in the mid west apparently), they did not have one in stock and would have to order from another dealership which would be additional $. I never asked them to do this but they went ahead and got the car up here anyways, believe me I dont want to pay that either!

    I thought the guy was wrong on the MF as well, only problem is I cannot locate the MF and residual for a 24 month lease anywhere online to verify, plus it appears favorible so I am not too worried.

    Lastly I do not know if the Truecar price reflects the $1,500 in dealer incentives right now, so its hard to say if the $38,249 is the floor.

    Again thanks for your feedback
  • alen129alen129 Member Posts: 13
    edited December 2011
    Usually the Truecar price includes all the incentives but alot of times Truecar fails to mentions which incentives are included in the calculating of the haggle free discount (which in my opinion is a shady way of calculating the discounts and shady business practice and leaves the consumer at the mercy of the dealers to deny or approve the use of incentives.) But again you never know your dealer might be desperate for a sale and match or beat the truecar price just so at the end of the month they can get an even bigger incentive and hold back from Infiniti itself.
    About the freight charge, I think your dealer had the car on order and was gonna receive it anyway and they were just using that excuse to charge you $895 extra. Think about it, dealers use different ploys to charge extra fees. Lets assume you don't get the car, do u think they'll be able to charge the next guy the $895 freight fee? NO. Also do you think the dealer would want an unpopular car in mid west(according to your dealer) on their lot with no customers to want it? NO.

    :)
  • midnightvandalmidnightvandal Member Posts: 4
    I just got a 2012 infinity g37x sedan with
    NAVIGATION PACKAG
    PREMIUM PACKAGE
    window tint, free 1st oil change
    12k miles for $340 a month
    1542 out of pocket.
    If you are interested let me know i will let you know how get a great deal like i did
  • zzhhzzhh Member Posts: 18
    Where did u get this deal?,,, New York??
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi Ryan. Infiniti Financial Services' December buy rate lease money factor and residual value for a 39-month lease of a 2012 G37 Coupe with 12,000 miles per year are .00098 and 58%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00090 ad 60%.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi poelsy. Infiniti Financial Services' December buy rate lease money factor and residual value for a 36-month lease of a 2011 G37X Coupe with 12,000 miles per year are .00003 and 56%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 39-month lease are .00014 and 55%.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • rc214luvrc214luv Member Posts: 4
    Hi. I'm very interested in the deal you received and any advice on finding the best lease for a 2012 G37x with the premium, navigation and sport package. I have checked my 3 recent credit scores in advance and have a 771,760 and 767.
    I'm looking to purchase this month asap. I was referred by a friend to Legacy Infiniti on Sunrise highway and I live closer to the Infiniti of Manhattan. Planning on taking the first trip to a dealership this weekend. Any advice or suggestions would be greatly appreciated. Thanks in advance.
  • poelsypoelsy Member Posts: 12
    Hey rc214luv,

    I'd be interested in what kind of deal you get. I am considering the exact same car here in the midwest. Good luck shopping.
  • cityboy2cityboy2 Member Posts: 27
    Hi midnightvandal,
    Is the lease for 24 or 36 mo. and $1542 out of pocket is after or before tax?
    You can mention dealership name. This is allowed on this forum.
  • rc214luvrc214luv Member Posts: 4
    Thanks. Will do, heading to a dealership in Long Island on Sunday.
  • xmjxxmjx Member Posts: 159
    How? I want that deal
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