Infiniti G37 Lease Questions

CarMan@Edmunds

You're very welcome, dknetz. Dealers usually have the authority to "mark-up" banks' buy rate lease money factors to add additional hidden back-end profit to deals. So your job isn't done once you have negotiated an attractive selling price. Once you have arrived at an attractive price, you still need to make sure that your car's lease payment is being calculated using its buy rate lease money factor. I can usually give community members an idea of what that number is for the vehicle that they are interested in. Unfortunately, if you have physically taken delivery of your leased vehicle, there's nothing that you can do to renegotiate your deal at this point.

Car_man
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benji123

Thanks Car_man for your reply!

elansp

Car_Man-

Thanks for the response.

Interesting advertisement in this weekends local paper. Can someone comment on how the Infiniti dealership can get such low lease prices?

'06 G35 AWD sedan, 10k/year, $0.15 addt'l mileage, no options, no money down (only TTL and $550 bank fee), $349/month. MSRP $35,010, 39 months

'05 G35 coupe 10k/year, $0.15 addt'l mileage, no options, no money down (only TTL and $550 bank fee), $349/month. MSRP $36,100. 24 months

I couldn't come close to either of these prices with current MF and residuals. The fine print does mention that each includes $500 college rebate qualifications. Can anyone advise if this is legitimate? I did check the dealership's inventory and both cars are listed as available. Thanks.

busyboy21

Please help. I made a local dealer an offer from his sale offer of 34,777 for a 2006 coupe 6MT with premium package. I went online to compare the leasing options versus purchase.

I offered to pay security deposit, 1st month and acq. fee totaling 1650 with 550 monthly payment for 36 months. This is a good deal? Should I be asking about anything else? They want me to come in tonight. Thanks in advance for your replies.

elansp

2006 G35x with sunroof, but no other options - 10k/year, 39 months, zero down, no sec deposit with first month, bank fee, and TTR for $399 (this includes NJ tax).

2005 G35 auto coupe with premium package (600 miles on car), same details as above for $399/month.

I've run Car_Man's MF and residuals and it seems like the G35x can be had for dealer invoice.

Good luck on your shopping...

stugots

Hello., I am interested in leasing a 2006 G35 6MT loaded.
MSRP around 40.000.00
Residual 56%
20.000 miles a year
39 months
1st month / Motor Vehicles / Bank fee down
What can I expect to pay?
The dealer says that he is giving me the car for invoice. the payment he quoted me was $573.00 a month inc tax
I have tried the lease calculator but I do not fully understand it.
Thank you
Dennis

djbmw

Hi All,
I wanted to leave some feedback for a 2005 g35 coupe lease.
Term: 36k/36m
Color: Silver
Transmission: Auto
Package: Premium
Wheels: 18"
Selling price: $32,415
Acquisation fee: $550
MF: 0.00179
residual: 58%
no security
minimum down (first month + acq fee + dmv fee)
monthly: $440
floor mats, splash guards and every other oil change free included in the deal.

dj

oghowie

Dear Car_Man,

My 2003 G35 Coupe lease is up in March and the KBB price for my car is $3k - 5k above the payoff amount for the car. However, I do not want another Infiniti and was wondering if there was anyway to trade this car into a BMW dealer for a new lease without going through the payoff process?

I would rather not go through the hassle of paying off the car, receiving the title and reselling it afterwards?

Thank you.

joshknot

Hey Car_Man,

I'm digging around for the residual value and buy-rate money factor for a 2006 G35 coupe for both a 24 and 36 month lease given 20,000 miles per year. The MSRP for the car I'm interested in is $39,210 and the dealer gave me a preliminary quote of $36,205 (I think he can still go lower, but we'll see). At the time I was in there, he didn't have the February lease information- can you please help me out?

Thanks!
-Josh

wtoyz

Hello all

I'm new to the coupe game and cant wait to get my new car. But I have a problem I think, I had to order my coupe 6MT simply cause I wanted every option in it. The price the dealer quoted me was $39,900 MSRP was $40,400 he would only take off 500 bucks so I said ok for now paid him a deposit. Well the car is going to be here around the 24th of February and now that I have found this forum and reading prices you guys are getting I think I may be getting screwed. This is what we worked out before I Paid him to order the car 36 month lease 12,000 miles a year residual 58% $600.74 a month in payments I haven't signed anything dealing with final price what is a way to get them to come down in price and save myself some money he's saying high demand and that is low as he will go. I guess what is the bottom line he is paying for the car. What is the real invoice price. What can I do to get him to bring the price down lower. I have Been approved thru Infiniti finance already for the car.

Please help with any input would be great.

Thanks
Aaron

cjs1

car_man - I am close to signing a lease on a 2006 Infiniti g35x sedan with the premium package. The lease includes 12,000 miles a year for a 39 month term. The dealer is quoting a .00177 money factor and a 58% residual through Infiniti Financial Services. Are these numbers accurate or has the money factor been marked up? Also, do you have the terms for an equivalent 42 month lease? The selling price is about $700 over invoice, which seems to be a pretty fair deal. Thanks.

CarMan@Edmunds

You're very welcome, benji123.

Car_man
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CarMan@Edmunds

No problem, elansp. Those are very attractive lease payments for these vehicles. I wonder what selling prices the dealer used to arrive at them.

Car_man
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CarMan@Edmunds

Hello busyboy21. I'd be happy to give you my opinion of this deal, however in order for me to do so I need you to provide me with this car's full MSRP. This will show me how much of a discount you are being given on it and enable me to calculate a lease payment on it to compare to the one that you were quoted.

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CarMan@Edmunds

Dealer invoice on this car is an excellent deal, elansp. Good job in negotiating such a solid lease. It definitely helps that you are in an area that has intense competition.

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CarMan@Edmunds

Hi Dennis. I'd be happy to estimate what this car's lease payment should be for you. However in order for me to do so I need to know its selling price. An exact MSRP would be helpful as well. Once you have these numbers, let me know and I'll use Infiniti's current lease program to estimate what your payment should be for you.

You mentioned that you do not fully understand Edmunds.com's lease calculator. You may want to check out the following article that is available here at Edmunds.com. It should help you get a better understanding of how lease payments are calculated: Calculate Your Own Lease Payment.

Car_man
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CarMan@Edmunds

Congratulations on your new car, djbmw. Thanks for taking the time to share the details of your deal with everyone. Enjoy!

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CarMan@Edmunds

Hi oghowie. Consumers occasionally are able to trade their leased vehicles in for a profit, even at dealers that do not sell the same brand. Once you find a BMW dealer that is willing to give you the sort of deal that you are looking for, you will have to discuss their willingness to take your car as a trade and how much they will give you for it. Sometimes KBB prices are a little wacky, so your car might now be worth as much on the open market right now as you think though. You may want to stop by the following discussion to get additional feedback on how much your G35 is worth right now: "Real-World Trade-In Values".

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CarMan@Edmunds

I sure can, Josh. If you were to lease a 2006 Infiniti G35 Coupe through Infiniti Financial Services right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00220 and 69%, respectively. The numbers for an otherwise identical 36 month lease should be .00229 and 59%. I gave you the 15,000 miles per year residual values for this car because that 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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CarMan@Edmunds

Hi Aaron. You probably should be able to negotiate a larger discount than $500 on an Infiniti G35 Coupe right now. The problem is that you already agreed to a price on a car that a dealer specifically ordered for you. They probably are not going to be very willing to lower its price at this point. They can't force you to take delivery of this car, so you can walk away from this deal if you really want to...but they will likely try to keep any sort of deposit that you made. You might as well try to negotiate a lower price and see what they say. The worst thing that can happen is they would say no. You can find the dealer invoice information that you are looking for in the following section of this site: Edmunds.com New Vehicle Pricing.

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CarMan@Edmunds

Hi cjs1. Infiniti Financial Services' current buy rate lease money factor for a 36 month lease of a 2006 G35 AWD is .00147. As you can see, it looks as though the dealer is marking your factor up a little bit. If you are having this car's security deposit waived, it would explain some of the difference. Infiniti Financial Services will waive its lease security deposit requirement in exchange for an increase of .00015 in a vehicle's money factor. The residual value that you were quoted is right on the money though. The numbers for a 42 month, 12,000 mile per year lease of this car right now should be .00148 and 56%. The selling price that you were quoted sounds reasonable to me as well.

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girlhoo

Hi Car_Man,

I have been shopping for a new 2006 G35 6MT loaded (every option available) and here is what one dealer gave me for a price:

MSRP: 40,680
Sales Price: 37,900
Residual : 59%
15k miles/yr
36 months
529/month + tax
taxes: 6.5%
1st month / Bank Fee / Motor Vehicles: 1945.00

Does this seem like a good deal? Are there any other national companies that offer leasing on vehicles besides Infiniti?

Thanks in advance for any help,

Scarlett

cjs1

Thanks a lot Car_man. I thought they might be marking up the rate, although they denied it when I asked (not suprising but also not a good sign). Just a quick clarification: my quote was for a 39 month lease and your response referenced a 36. Can you confirm the rate and residual for a 39 month lease on a 2006 G35 AWD @ 12k/year?

joshknot

Thanks a lot, Tarry!

slightbo

Hi Car_Man

Can you please let me know the money factor and residual for leasing a 2005 G35 sedan for 36 or 39 months, whatever is available.

Thanks!

stugots

I leased a 2006 Infiniti G35 6MT (loaded) every available option.

Inceptions down (Roughly $1500.00 oop)
$575.00 included tax
20,000 miles a year
39 months
200 over invoice.
Thank you to everyone for all your advice
:shades:
Dennis

emswiss

Dennis -

Do you mind me asking what cap cost you were able to get? I am having the dealer hunt down a G35MT with nav for me currently. They stated that finding one with nav would be difficult and I got the impression that I would have to accept just getting one without that option...sadly. Did you get the same feeling when shopping for yours? And how quickly were the able to scrounge one up?

Thanks

howiel

Just sharing my new lease info. I picked up my G35x on Saturday (New York).
G35x
Premium Package C
Sirius
Splash Guards
Trunk Mat
MSRP - $37,800

This was a sign&drive, with no money down except for the security deposit (tax was rolled into the payments).
10k/year
$441/month

jaguila

I'm thinking of purchasing a 06 G35X using VPP. I know this is already computed based on Invoice price. Will I still have the ability to haggle with the dealer, i.e., taking off or discounting add-on fees including dealer fees? Would you think it's a good idea if I walk in there and haggle with them and if I don't get the price I want, tell them I have VPP? Thanks in advance.

deutch194

Carman,

Can you give me the 24, 36, 42 month, 12,000 miles/year money factor and residuals for a 2006 G35 sedan 6mt when you get a moment? I am trying to decide what will be in my best interest for a leasing time period.

Thanks!