Infiniti G37 Lease Questions

tga01

Did you live in NJ when you leased the car from them in NY ? If so, what if any issues were there with leasing from a different state ?

thanks for the info.

bones12060

I live in staten island.I wanted to go to jersey,(alot closer)but i got best deal from manhasset,and the dealer in jersey just seemed to be playing games.As far as leasing from another state i dont think its a big deal,Probaly just gotta pay tax for where car is registered.I have alot of friends that lease from nj.

tga01

Carman

When you get a chance can you please post the January 2012 lease rates and residuals for both the 2011 and 2012 G37X for a 24 month lease with 15k miles.

thanks in advance !!!!

CarMan@Edmunds

Hi suberman1. Infiniti Financial Services' January buy rate lease money factor and residual value for a 2012 G37X Sedan with 15,000 miles per year are .00064 and 58%, respectively for consumers who qualify for its top credit tier.

The numbers for an otherwise identical 39-month lease are .00072 and 57%.

I believe that I just provided you with the G25 numbers over in that specific discussion. Please check there. Thanks.

Car_man
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CarMan@Edmunds

Hi bluesmann. Please see my previous post for the information that you are looking for. Thanks.

Car_man
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CarMan@Edmunds

I'd be happy to help you out tga01. Infiniti Financial Services' January buy rate lease money factor and residual value for a 24-month lease of a 2012 G37X Sedan with 15,000 miles per year are .00040 and 66%, respectively for consumers who qualify for its top credit tier.

The numbers for an otherwise identical lease of a 2011 model are .00001 and 59%.

There is a $2,000 cash incentive on leases of the 2011 model, but no cash on the 2012 model.

Car_man
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suberman1

Thanks. I got the selling price of $36,471 for the loaded AWD model. Still to decide on the buying

lyakir

what was the MSRP of your vehicle?

mekatoka

Hello,

I am located in MI and received the following quote from on out of state dealer for 2012 G37x, Prem, Nav, Sport packages, Trunk matts and Illuminated Kick Plates.

MSRP - 44,405
Sale Price - 40,400
24 months / 15K / 0.00040 / 66% (29,307) --> 519$ excluding taxes
36 months / 15K / 0.00064 / 66% (25,755) --> 469$ excluding taxes

First month's payment is covered by Infiniti and there are no additional charges upfront to be paid.

Sales Tax in MI is 6%

I have searched online car lease calculators and each of them is showing a different monthly payment. I believe I have all the necessary information above to estimate monthly payment. Why is it that each calculator is giving me a different price? What should be the monthly payment including taxes based on above details?

Carman - can you please help?

Thanks

snaproll

Car_man,

I am interested in a 10k per year lease on a new 2011 G37 convertible, could you give me the money factor and residual on a 39 month lease. Also, is there lease cash on the 2011 Convertible.

Thanks,

Steve

CarMan@Edmunds

I'd be happy to snaproll. Infiniti Financial Services' January buy rate lease money factor and residual value for a 39-month lease of a 2011 G37 Convertible with 10,000 miles per year are .00048 and 53%, respectively for consumers who qualify for its top credit tier.

I am not aware of any cash incentives on leases of this car.

Car_man
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kingpcgeek

Are you including the other other items that are included in the lease payment, but not in the sale price you have been quoted? Acquisition fee: $700; Dealer Doc Fee: ? ; License/Plates: ?

mekatoka

I was told that all the fees are taken care of and I didn't have to pay anything at signing the papers. I have talked to the dealer more and I have the 6% tax that brings my monthly payment to <551 on 25 month lease with 15k miles.

Is this a good deal?

mctrees02

There's no way that the residual is the same 66% at 24 months AND 36 months.

ahosler

I am in talks with a dealer who has a leftover 2011 G37s Sedan. Its a Journey with Premium, Nav and Sport packages plus the lighted kick plates, safety kit, splash guards. They are quoting me on a 39 month lease at $424 a month with tax +2500 down. The MF is .00009 and Residual is 52% The Infiniti MSRP is $43585 and the Dealer Add on sticker is $44759. Can I do better?

jtn83

That's a pretty good deal.

I got my wife's G37S Sedan Journey w/ premium, sport, nav, kickplates, safety kit, aero kit, tinted windows, and three "free" oil changes on a 15,000 mi/yr and 39 month for $472/mo with only 1st month payment due at signing. (this was back in August 2011)

This was a car that had to be ordered, but my wife had to have a specific color combo -- so far she loves it.

Good luck in the negotiation and enjoy the new ride!

ahosler

I got this deal on a 2011 G37 with Premium and Navigation Packages
MSRP: $41,435
Selling Price $35,091
Term: 39 Months
Residual: 52%
MF: .00009
Down: Taxes, Bank Fee, Dealer Fee, DMV Fees, First Months Payment $2500
Monthly: $373 with tax.

I can't wait to pick it up Saturday!

mekatoka

You are right, it was not 66%. It was a typo - you can see that I had the residual dollar amount correct there.

br2376

Having this delivered tomorrow - 2012 G37 sedan, with premium, nav, wheels and interior.Also kickplate, trunk mat, window tint and trunk storage.
MSRP $42,935
12k miles
1000 down total
430 tax included
39 months

kingpcgeek

Show how much did you pay for the car?

jca214

I'm trying to lease a 2012 G37x with premium, navigation, interior pkgs. Local deal is:
10k miles
$3k down + taxes, 1st month, DMV, bank fee
$289/mo
buy out would be $24,850
dealer says mf is .00119

appreciate any insight into whether this is a good deal.
thanks for all the info I have gained from reading here.

kingpcgeek

I had someone from a local dealer call me to let me know that through Feb 29 Infiniti is paying the last 6 months of lease to get you into a new car. Of course I know better and Infiniti isn't paying anything, they are just letting you get out of your lease early to get you into a longer lease.

Can anyone else confirm this 6 month time frame? I have heard of 1-3 months but never 6 months.

CarMan@Edmunds

Hey kingpcgeek. I can indeed confirm that Infiniti is waiving up to six remaining lease payments for consumers who have a year or less remaining on their current deals. In addition to the payments, IFS will waive up to $500 in excess mileage or wear and tear charges and its disposition fee as well.

I think that this program is scheduled to run through the end of March though, not the end of February.

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ematts

Here's the offer I was given in Philly Area. Need your input and thoughts.

2011 G37xS Premium & Sport Package and No Navi = $42,335 MSRP
Cap Cost appears to be $38,305 (you'll see below why that may seem high)

39 month lease, $12k miles, residual 52%
$1447 OTD (includes first month, Acq fee, etc.). Putting this on my credit card.
They will hand me a check for $2350 to pay my last 5 payments on my Audi A4.
(Yes...hand me the check since I will actually be keeping the A4)
I am paying $463/month which includes 9.00% PA tax.

That $463 may seem high but that is covering my last 5 months payment to Audi (hence the check)

I think the deal without the $2350 check to me was approximately $425/month.

como1

I have a quote for the 2012 G37 Coupe-- Journey with Navigation, Premium Package, Wood interior and few small features The MRSP is $45,830 which includes destination. The Capitalized cost is $44,300. Is this still high?

And the residual is 62% and money factor for 39 month lease 12,000 miles is .00074 Are these good terms?

Also will the money factor be lower with a shorter lease?

como1

Actually if residual is based on MSRP- then the rate quoted is 59% (not 62% which was net cap) and the MF of .00074 is for 10,000 miles (not 12,000)

Are these good terms for a 39 month lease? And would the monthly lease payment be better for 36 months instead of 39 months--in other words does the residual go up and the MF go down to make 36 months a lower monthly payment?

Also what is a good sales price reduction % for an MSRP of $45,830?

Thanks for the information.

como1

Thanks to the information on this site...I was able to negotiate a better deal for the 2012 G37 Coupe-- Journey with Navigation, Premium Package, Wood interior and few small features

Got the Sales Price to $42,169
residual 59% of MSRP
MF is .00074
Cash down payment $2,000
Monthly lease payment including sales tax of $430 for 39 month lease and 10,000 miles

I appreciate all the information available on the site!

nygiants1

Just curious if someone has advice or comments. I'm at the end of my lease of a 2008 G35 awd (38K miles on it). In fact, I didn't get a chance to negotiate a new deal yet so I extended my current lease for a month...now due early March (I know...not ideal but no choice).

I see Infiniti is now giving deals to pay off remaining lease payments. Obviously, this doesn't help me but is there any way to incorporate this promotion into a new lease? Just curious.

Also, I plan on a new G37 awd sedan (approx $42.5K MSRP). I usually only put 1st month down...no other fees. Based on what I'm seeing on this forum...I should expect to be in the ballpark of $460/per month which includes tax (NJ)...does that sound accurate given February numbers? Not sure if I'm missing other deals out there. Also, I was always unsure how my lease return fits into the picture (I leased 5 cars so far). If the value on my G35 is above residual, does the dealer take the car and make a profit on it? Could that be negotiated in my new lease when I turn in the car?

Apologies for all the newbie questions...I probably should know the answers to some of these by now but couldn't find them.

tga01

Hi CarMan,

When you get a chance can you post the lease rates and residual for February for the G37X Sedan. For both 2011 and 2012 for both 24 and 36 months 15,000 miles per year.

thanks so much in advance !!!

ajm7

I just signed a 39 month, 10k miles per year lease on 2012 g37x with premium pkg, interior accent pkg, performance wheel and tire pkg, splashguards, illuminated kick plates, carpeted trunk mat, net and first aid kit...msrp $43,185. $376.32 per month plus Massachusetts taxes that brings total to 399.84. Cost paid at signing was 700 Acq fee, 1st month of 399.84 and $541 cap cost reduction. Dealership is paying RMV fees and there were zero dealship paperwork fees. Hope this helps.

ajm7

Just to clarify my above post, the vehicle is a 2012 G37x AWD Sedan...sorry for not being more specific in original post.

dbledmndk2

That seems like a great deal - may I ask what dealer in MA you worked with? Also, will you have to pay the $395 lease termination fee? I was working with the dealer at Herb Chambers in Boston and it got a little uncomfortable when he was talking about needing to replace all 4 tires before returning and paying $395.

Any insight is much appreciated.

ajm7

I leased the car from Kelly Infiniti on Rte. 114 in Danvers MA., they were very good to deal with. Will be picking up car tomorrow night. Yes, I will have to pay the $395 termination fee. When signing the final paperwork the F&I manager was trying to tell me that I would be responsible for paying for scratches etc at termination but for XXX per month it would cover all wear and tear, don't know if it would cover tires. I chose to decline this additional monthly cost. I would definitely recommend Kelly Infiniti.

ematts

I realize this isn't a perfect deal, but I have 5 months of lease payments at $470/month built into this pricing.

2011 G37xS, 12k miles, 39 months, No Navi, Premium Pack

MSRP 42,335
Cap Cost 38,304
Residual Value 53%
Money Fac .00031
Tax 9%
Total Monthly $464

The kicker is that they handed me a check for $2350 to pay for my last 5 months payments AND I get to keep my other car.

whurley10

I'm looking at a 2012 G37x with premium package, Navi package, interior lighting package, 39 months, with 15,000 miles, and was looking to see if the price I negotiated is good enough or if I could do better. I made it a sign and drive and would be paying $475/month tax included, $0 down, $0 due at signing, MF .00074, MSRP $44,513, Residual is 53%. Any help would be appreciated as I plan to goto the dealership in 3 days to make a decision. Thanks.

dbledmndk2

First I have a dumb question about money factors - will the money factor be different for a 10,000 mile lease vs a 12,000 mile lease or will the dealer just add in $0.xx/mile for the additional miles?

I'm looking for a G37x Premium (MSRP $41,405) for 10,000 miles for 39 months and was given

MSRP 41,405
Cap Cost ???
Residual Value 60%
Money Fac .00074
Tax 6.25%
Total Monthly $395 incl tax
Signing = $2,000 incl $389 cap cost reduction

Is this a good deal and more importantly where are my negotiating points?

(It looks pretty similar to AJM's deal above)

Thanks for your help!

CarMan@Edmunds

Here you go tga01. Infiniti Financial Services' February buy rate lease money factor and residual value for a 24-month lease of a 2012 G37X Sedan with 15,000 miles per year are .00041 and 66%, respectively for consumers who qualify for its top credit tier. The numbers for an otherwise identical 36-month lease are .00066 and 58%.

The numbers for a 2011 G37X Sedan are .00001 / 59% for 24 months and .00022 / 52% for 36 months.

Car_man
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CarMan@Edmunds

That's not a dumb question at all dbledmndk2. Vehicles' residual values vary by mileage allowance, but not their money factors.

The main negotiable aspect of leases is the vehicle's selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Negotiate as low a selling price as you can on the car that you want and then have the dealer calculate your lease payment.

Car_man
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dbledmndk2

Thanks for the info - I went back to the dealer and he said the selling price in the calculation I posted earlier is $37,931, which is more than 8% discount off MSRP.

Could you check the money factor and residual I provided earlier for a 39 month lease with 10,000 miles?

Thanks!!!

whurley10

What's a 39 month with 15k a month, money factor? Thanks.

chaoswithin

2012 G37 sedan with premium + navi illuminated kickboard + trunk accessories.

I got a lease quote of 38159 net cap of a 41655 msrp

59% residual. 0.00058 money factor

36mo 12k/year

$824.49 Drive off with $445.74 per month with tax.

Is this the best I can expect? Are there any room for negotiation?

90006 location (its LA)

Thanks for looking.

makarka

Hello Car_man,

Can you please let me know what are February lease money factor and residuals for 36 and 39 month leases of G37x AWD with Premium Package and 12K miles per year?

The help would be highly appreciated.
Thanks!

djgainsbond

The old lady wants a G37x here are the numbers: Is this a good deal?
2012 Infiniti G37x sedan 15k/39 months
Premium, Navigation, Sport, Technology, and Interior wood trim.
cap cost:$42,637.82
msrp:$46,205.00
residual:$26,336.85
money factor:0.00074
$469.01 plus CT sales tax = 498.79
$1743 inclues 1st month, acq, doc fees etc.
They claim the max number of MSD are 7?
$5,191.75 ($3,500.00 plus the usual lease fee of $1,743.09), and the monthly payment would be lowered to $447.45.

urban_legend

How much did you get for your 06 G35X?

I am in the same boat and wonder what the trades are like.

jason3824

That's a pretty good lease deal on that car because of the equipment and mileage. I am an Infiniti sales rep just north of boston massachusetts and we are running a $439 +tax sign and drive (truly 0 down) on a G37x with just premium package and 10k miles per year. If you were to pay your inception fees up front it would be just about $439 after tax, adjust for 15k and your at about $475, add for nav tech sport and wood package and you're looking at about $550 a month or maybe even a little more. So $469 for 15k with just inception fees down is a pretty good buy.

atxew01

Hi Car_man, would you please provide the February lease rates and residual for the 2012 G37 coupe, assuming 10,000 miles/year for a 24- and 36-month lease? (Thanks and apologies if this happens to be the same as the sedan, already posted)

dbledmndk2

I just leased a new G37x with Premium Package just outside Boston and was able to negotiate the following for a 39 month, 10,000 mile lease.

Monthly Payment of $365 including MA taxes

$2k down at signing including acquisition cost, doc fee, registration, etc.

MSRP $41,405, Residual 60%

Adjusted Capitalized Cost $36,470, Money Factor .00074

I'm not sure how they got down to that adjusted cost, but it was the best deal I found after talking to a few dealers in the area. It was almost $100/month and $1000 less down at signing than the Audi A4 that I was ready to get.

Just wanted to share where I ended up and hopefully it was as good of a deal as it seemed when I saw it on paper.

audibuyer53

Hello I was quoted on a loaded infiniti g37x coupe that has a MSRP of 48,990.

I was offered

$470.93 payment
39 months
12k miles a year

$3,207.73 ( 1st payment, Bank Fee, DMV, Taxes)

Payments equal to 21,576. Is this a good deal?

whurley10

I don't think it's the best you can get. Especially with that much down. I got a 2012 G37x Sedan, MSRP of $45,898, 15k a year miles, 39 months $0 down, $0 due at signing, basically, a sign and drive, so that means first payment was taken care of, so I have 38 payments of $474.73 including tax.

They used MF of .00071, residual was 53%, and I got some rebates, the big one was having a competitive lease.

In my opinion, you are paying too much, you're only getting 12k miles, and putting down $3,200! If residual is the same, 53%, you're paying almost $1,800 over MSRP. If you have good credit, you should be paying, with $0 down, and $0 due at signing, between $499-$506, tax included! - total payments = $500 x 38 (because the first one is rolled in) = $19,000. If they don't take that, go somewhere else, and they will. Again, need credit of at least 720, I believe.

kingpcgeek

Negotiate a lease just like when you are buying, by the selling price of the car. Find out what they are selling the car to you for, and then compare that price to a site like truecar.com. The selling price is about the only thing a dealer and you can control, the rest is up to Infiniti.

You should be shooting for a selling price around invoice, and if you are a current Infiniti lessor you can take a $1000 off of that price.

The interest rate on the car you want is only 1.776%, don't pay anything upfront, roll it into the payment.