Infiniti G37 Lease Questions

CarMan@Edmunds

Hi officetothemax. Infiniti Financial Services' September buy rate lease money factor and residual value for a 36-month lease of a 2013 G37 Sedan Journey with 12,000 miles per year are .00062 and 60%, respectively for consumers who qualify for its top credit tier.

The numbers for an otherwise identical 24-month lease are .00033 and 70%.

There is no 2013 G25. Infiniti has decided to discontinue the model.

If Infiniti does things like Nissan does, these factors should be good for credit tiers 0 and 1. The factor for Tier 2 would be slightly higher, say .00040 or so...and the factor for Tier 3 would be much, much worse. A credit score of anything higher than 690 should be eligible for the best rates. 650 or so for the second best.

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CarMan@Edmunds

Hi desimartin. The negative equity that you have in your current vehicle should actually theoretically continue to decline as you get closer to paying it off. Hurrying to get into something new when you are so upside down is typically not a great idea. I usually advise consumers who are significantly upside down on their vehicles to wait to get something new.

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thowd

I went into an Infiniti Dealer today in Kansas City, after reading this post I was thinking I could get a deal in the low $400 with $0 down at signing.

2012 G37x coupe with Nav
MSRP: $47,490

I understand this is a bit higher than some of the prices people have been indicating, but I was told they could not go under $630 a month with no down payment. They said with $2200 down they could go $530 and all but called me a liar for saying I had heard and expected a price in the $400s with $0 additional down at signing.

Am I missing something here?

slowbutspeedin

You are leaving out some important details. What was the lease term (24, 36 or 39 months)? What was the negotiated selling price in that offer? What did they tell you was the residual?

thowd

That was on a 39 month lease. I wanted 24, but they were "trying" to give me the best price they could. Residual was 69% and it was 12k miles per year.

sareliz0131

I think the other missing piece is that you are looking at a COUPE vs the SEDAN, which is a significantly higher priced vehicle.
I signed all my paperwork yesterday and here is what I got for reference:

393/month lease for 24 months with 2500 down on a 2012 G37x.

Base lease price was 360 with around 36 added taxes (I live in PA where it is 10%!!).
Additionally please note my previous A4 lease. I still owed 3409 on the A4. They took that over, gave 6k off the MSRP of teh G and added in Nav, illum kick plates and wood trim for free (Premium Pkg was already included in the lease promotion).

Good luck in getting your new car!:)

peterk6139

I leased my g37 coupe from penninsula Infiniti in redwood city. Keep in mind that I had a 1000 owner loyalty rebate and my credit is top tier so my effective borrow cost was about 50 cents a month in the lease. Beshoff Infiniti in San Jose offered me a nearly identical deal on a similar car without kick plates.

Good luck

johnl617

Wow that is a great deal. Was anyone able to replicate this.

I was only able to get this offer over the phone from Infiniti of Norwood in MA.

24 Month Lease on a G37X with Premium Package Only
2699 down + TTL (I think another 1600-1800)
Monthly payment is 269

I was gunning for a no down payment 24 to possibly a 39 month lease for a G37X with Nav and Premium Package. I would require 12k-13K in mileage on an annual basis.

What should be my target monthly payment?

Any help is appreciated.

I think I am officially done with my 2004 G35 Coupe. (I still love her so much....)

kingpcgeek

Any leasing expert will tell you do not do a cap cost reduction (the $2699 in your case). You risk losing some or all of your cap reduction as soon as your drive off the lot if your car is totaled or stolen. Insurance companies only pay for the market value of a lost or stolen car, and the depreciation starts as soon as the tires hit the road with you behind the wheel.

If you are worried about higher payments take the money that you would have put down to cut the payment in a higher interest savings account. If and when you need to make a lower car payment take some of the money out of savings to help with the payment.

Negotiate a lease just like you negotiate a purchase, by the selling price. Compare the selling price to invoice, close to invoice or better is your goal.

johnl617

Thank you. I am trying to see if I can replicate the following from my dealer today:

"2012 G37X AWD Sedan
Premium Package
Navi Package
Splash guards
Illuminated kick plates
Trunk mat, net, first aid kit

24 month, 12K miles/yr lease (residual factor 0.67, tier 1 credit)

For $335 + tax. No other additional fees"

Will report back. Thanks for all the info on this forum.

rk236

2013 G37 Journey Coupe with Prem Package

24 month lease / 24k miles

I got quoted $39125.

With a residual of 71% and money factor 0.00044 (which I got quoted from another dealer in Socal), comes out to $394 with tax and 0 down.

Is that a good deal?

adaghlian

Could you please let me know the name of the dealerships that you got these quotes from my local dealer is the only dealer in the state of Utah. They have a g37x coupe msrp is 48 and they MAY be able to get it down to 45-46. I dont really think thats a good deal but they are saying that they have no profit in the car and wont lose money on it. Can anyone help or suggest what I should do?

gq3856

Amy info on the 24month residual and money factor numbers for 12000 miles. I have been given different numbers. 70, and. 72 and. 73 which one is correct. I have all of these were on 12000 miles yearly

CarMan@Edmunds

Hi gq3856. Infiniti Financial Services' October buy rate lease money factor and residual value for a 24-month lease of a G37 Sedan Journey with 12,000 miles per year are .00033 and 70%, respectively for consumers who qualify for its top credit tier.

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ghostbarbie

This will be my first time leasing and I don't want to over pay for a car that would not be mines. The dealer ship by my house only has 2012 G25 journey left. I have excellent credit and I want to know how much should I be paying for this car and what do I need to do to negotiate a good deal. Also I am I need 12k miles and 24 month lease. Thanks for any help that I can get in advance.

gq3856

Thanks for the info Carmen but iI just went to anotherdealer and was quoted. 72 residual are they lying or could this be true. It is for a g37x sport if that makes a difference. I have hope there numbers are true better deal that way

ghostbarbie

Hi car Man or anyone who can help
This will be my first time leasing and I don't want to over pay for a car that would not be mines. The dealer ship by my house only has 2012 G25 journey left. I have excellent credit and I want to know how much should I be paying for this car and what do I need to do to negotiate a good deal. Also I am I need 12k miles and 24 month lease. Thanks for any help that I can get in advance.

sgtcurry

I got quoted 399 a month no down and $175 for title and plates.

Its a 2012 sedan with:
Premium package
Nav
Kickplates
Performance tire and wheel pkg
interior accent pkg

Do you think I can talk them down a little?

xruined901

Wow, that's an incredible deal if it includes all the fees (bank fee, doc fee, title+reg). Where did you get that deal?

xruined901

I have the following offer on a 2013 G37x w/ Nav, MSRP: $44,500:

$375/mo, $1520 due at signing (bank fee, Doc fee, title+reg, 1st payment).
24 month lease, 10k/yr miles.
Money factor is .00050, residual is 73%.

Is that currently a good/great deal? I think there might be better deals in Nov/Dec to move the 2013s in preparation for redesigned 2014 model?

ccl127

I have an offer on a 2012 G37x w/ premium and Nav, MSRP is 42,800.

$335 a month, first payment due at signing.
24 month lease, 12k miles a year.
Not sure what money factor and residual they used.

Also got an offer for a 2013 - same car, specs, lease terms etc. - for $358 a month.

Both numbers include tax (7%).

CarMan@Edmunds

Greetings ghostbarbie. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.

Infiniti is currently providing $2,000 dealer cash on this car. Make sure to take this cash into account during your negotiations. If I was in the market for a '12 G25 right now, I personally would shoot for a couple hundred dollars over the dealer invoice price that is listed here at Edmunds.com in the New Vehicle Pricing section of the site minus the cash incentive.

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CarMan@Edmunds

That's why the residual values are different, gq3856. The lease programs are different for different trim levels.

Infiniti Financial Services' October buy rate lease money factor and residual value for a 24-month lease of a 2013 G37 Sedan X Sport with 12,000 miles per year are .00046 and 72%, respectively for consumers who qualify for its top credit tier.

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getgnow

Hey Peterk6139,

Need your help. I got a dealership that said they would match this offer.
If you are open to it, would you mind sending the dealership name, city, and state and if it is possible maybe we can connect on either email or Facebook.

What is the best email to connect with you.

Thanks,
Sander

xruined901

Carman, what is the October money factor and residual on 2013 G37x Sedan:
1) 24 months, both 10k/year and 12k/year
2) 24 months, both 10k/year and 12k/year

Thanks!

getgnow

I just got the following deal:

2012 G37 coupe, Journey, auto, premium, NAV, and interior accents with kick plate and mats, MSRP 46,480:
Got them down to $39,990 for cap cost.

Base payment 368+ tax= 399.90
MF= .00001
Residual= 69%
24 Months for 12k/ Year
Zero down
Total Drive off= first month + registration+ cap reduction= ($1,125)

Do you think this is a good deal?

dashfb1

A local NJ dealer has a 2012 G37 convertible demo that has MSRP of $53,930. Nav, Premium, Sport Rims & Tire package and maple accents. With 12K miles per year he initially offered me 1st month & Fees only at closing for $573 + tax. As the month is ending he said he can do $569 including tax. The car is in the showroom and will be titled as "New", even though it has been executive driven for 3-4K miles. That seems to be the best deal I can find. Make sense?

CarMan@Edmunds

Hello xruined901. Infiniti Financial Services' October buy rate lease money factor and residual value for a 24-month lease of a 2013 G37X Sedan with 12,000 miles per year are .00046 and 72% for consumers who qualify for its top credit tier.

You asked for 24-months twice. Did you mean 36-months the second time? If so, that would be .00031 and 61%.

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xruined901

Car_man, thank you! I did mean 36-month the second time, oops. Do you also have those numbers for 10,000 miles/year instead of 12k? (both 24 and 36 month)

xruined901

Hi Car_man, the 39-month lease numbers for both 10k and 12k miles would also be much appreciated. Trying to negotiate a lease deal this weekend for a 2013 G37x Sedan. Thanks!

looneycrna

Hi all.......just wondering if this is a good deal on a 2013 G37 lease:

2013 G37
MSRP = 41,650
Sale price = 38,273

24 month lease with 12k miles per year
$1500 down
$427 per month

Any input would be great.
Thanks

getgnow

Is this for a coupe or sedan?

Its an ok deal. Is this with tax or without tax.

With top tier credit, you can get residual of 71% and mf =.00001 or something close.

I would shoot for around 370+ tax closer to 400 a month and drive off of 1,000.
The sale price is low enough for that too happen.

Get them to tell you residual and mf.

Good luck. If you need any other help, just message me.

looneycrna

The deal is for a sedan.

I have top tier credit so that should not be an issue.

They gave me a residual of 71% with a mf = .00033

$1500 down with a payment of $427/month includes everything.

What do you think...? Should I pull the trigger or haggle them with lower numbers?

Thanks for your help.

getgnow

Something is a little off. I will tell you why.
That is pretty good Residual and MF.
The Sale Price is lower then what I just got.

You can grind them some more to get it lower.
Shoot for 1,250-1,500 drive off, so first payment and DMV fees maybe a little cap reduction and 395-399 with tax monthly payment if you think you can get them down.

Overall, you are pretty close.
What is your goal?

Good Luck

looneycrna

Ok so here is the final deal:
MSRP = 41,650
Negotiated price = 37,473
With acquisition fee of $700 & doc fee of $599
Total price = 38,772

Lease for 24 months, 12k miles/year
$1000 down & $416/month for the remaining 23 months

How do you think I did?
Thanks

getgnow

Wait, the out the door price= 1,000 + $1299= 2,299

Am i understanding you correctly.

$416 a month?

looneycrna

No no no. Walked into infinity today. Gave them $1000. And left with a monthly payment of $416/month for 23 months. The acquisition & doc fees were already included into the price of the car.

gregpz

Hi car_man, can you tell me residual and mf on 39 month lease with 10k a year for 2012 g37x with premium pack and nav, msrp 44,255
Thank you

CarMan@Edmunds

You're welcome xruined901. The residual value for a lease with 10,000 miles per year would be 1% higher than the residual value for a lease with 12,000 miles per year.

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CarMan@Edmunds

Hello xruined901. Infiniti Financial Services' October buy rate lease money factor and residual value for a 39-month lease of a 2013 G37X AWD Sedan with 12,000 miles per year are .00036 and 59% for consumers who qualify for its top credit tier.

The residual value for a lease with only 10,000 miles per year would be 1% higher.

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CarMan@Edmunds

Hello gregpz. Infiniti Financial Services' October buy rate lease money factor and residual value for a 39-month lease of a 2012 G37 Sedan AWD with 10,000 miles per year are .00036 and 60% for consumers who qualify for its top credit tier.

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ras90466

Hello carman,
Can you please let me know the lease rates for a 2013 g37 sedan awd for 36 months 12,000 miles per year?

CarMan@Edmunds

Certainly ras90466. Infiniti Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2013 G37 Sedan AWD with 12,000 miles per year are .00023 and 59% for consumers who qualify for its top credit tier.

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ras90466

Thanks carman! This is what a local dealer offered me. Is this a good offer?
$1500 down
$345/month + tax
39 month lease for g37 with navigation.

ras90466

Carman,
I just received this offer from a dealer. Can you please let me know if this sounds like a good deal?
39 month lease for g37 sedan with navigation
10k miles per year
$362 per month
$2000 trade in for my 2000 maxima

kingpcgeek

Car_man nor any other leasing expert is ever going to tell you if you received a good deal for the vehicle without knowing the MSRP and the selling price.

indy_l

2012 G37x Sport w/Prem - Nav - Tech - Sport, Kick Plates, Accents and Trunk Packages.

Lease:
39 months, 12k miles, $0 down (just 1st mth payment and Title/Tags)
$425 / month
Money Factor: .00056
Residual: 52%
MSRP was $47405
Sale Price = $38,782 (Total Cap Cost $42,028.11 with Fees, Maintenance Pckg, Acq Fee, Doc Fee, Taxes)

I also picked up 7/15/30/45 maintenance package, 3yr Oil changes & Paint/Windshield Dent/Chip repair. + $12 / month

Good Deal?

srz948

Are there any current Infiniti incentives out there such as loyalty? Thank you.

CarMan@Edmunds

You're very welcome, ras90466. Honestly I don't know if that's a good deal for this exact model off of the top of my head. Do you have its MSRP and selling price? Those figures would make analyzing this deal much easier for me.

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CarMan@Edmunds

Hello srz948. Yes, Infiniti is providing a $1,000 loyalty cash incentive on leases of this car. I believe that there is a $750 cash incentive for all customers on leases of this car as well.

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