Infiniti G37 Lease Questions

CarMan@Edmunds

Hello JChalm. Here's the information that you're looking for. Infiniti Financial Services' current buy rate lease money factor and residual value for a 39 month lease of a base 2009 G37 Sedan with 10,000 miles per year are .00113 and 56%, respectively.

Car_man
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CarMan@Edmunds

Hi cbat1. To the best of my knowledge, Infiniti has not published a lease program for the 2010 G37 yet. I will provide you with the numbers for the 2009 version of the car that you mentioned for now and I'll make some calls to see if I can find out what the story is with the 2010 model.

Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 G37x Sedan with 12,000 miles per year are .00105 and 56%, respectively. The numbers for an otherwise identical 39 month lease are .00125 and 55%.

If you were to lease this car with only 10,000 miles per year, its residuals would be 1% higher.

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CarMan@Edmunds

Hi kuku5354. I personally would pass on both of the items that you mentioned. I always perform the bare minimum maintenance on my leased vehicles, change the oil and rotate the tires regularly. That's it. You don't own the car and banks don't force you to perform any maintenance over and above that so why waste the money.

The dent coverage is a different issue. I personally have never had a problem with excess wear and tear on my leased vehicles, however one never knows what will happen. If you are risk averse and would enjoy the peace of mind that having the dent coverage would provide you with then you may want to consider getting it. Again, I personally would pass.

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CarMan@Edmunds

Hi hollandog. Here's the info that you're looking for.

Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 G37x Sedan with 10,000 miles per year are .00105 and 57%, respectively.

The numbers for an otherwise identical lease of an '09 G37x Coupe are .00176 and 62%.

Infiniti is currently offering a $1,500 cash incentive on leases of the Coupe, but nothing on the Sedan.

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hollandog

Hi Car_man,

Thank you for the numbers.
I got offers from the 3 dealers that they will sell me (lease) the car at invoice.

The car is Black with Graphite interior Prem Pkg, Navigation, splash guards and cargo net G37X AWD Sedan.

The car should have a MSRP of $41,325 and according to Edmunds, the invoice should be $37,954. But one of the dealer told me that their invoice price is $38,284.

Which invoice number should I go for?

Thanks.

hollandog

After further research. I understand what's the extra now and the dealer's actual cost.

freezedog

Car_Man:

Do you have the November lease rates on a 2009 G37Journey package for 12,000 miles? Also, do you know if Infinity allows you to calculate the residual on the premium and/or tech packages? Finally, do you think I should be able to get invoice pricing n this car? Thanks for your help. Craig

nyca2000

What was the difference due to? I also was quoted a dealer invoice price which was about $250 above edmunds invoice price. Would like to know what you found out.

hollandog

The difference could be dealer's advertisement fee and the administrative fees.
The amount varies from dealer to dealer.

I just got the G today.
They showed me their invoice. There was something called Warranty Recovery fee or something like that for $205. But the dealer agreed to take it off their invoice.

So I got my G for the factory invoice price.

PS. Please contact me if you have a code for the AMEX gift card reward.
hollanddog@gmail.com

Thanks

dingdong0220

Car_man,

Do you know the November MF and Residuals for 2009 G37 coupe Journey for 36/12K for a tier 3 or tier 4 customer? The dealer I got quote from told me that i have very strong credit (790), but my girl friend (co-signer) has a bad credit, so we are not qualified for the tier 1 MF, only tier 3 or tire 4, which is between .00450 - .0053.

I am leasing this car for her, at the same time we hope this will help her to fix her credit, that's why her name has to be on the lease. But, the MF is to high, can you please verify Infiniti Nov MF for tier 3 and tier 4. Thanks

dingdong0220

One more question.
We are currently looking at a 2009 Copue Journey with Premium, sticker price $41235, invoice $37927. The dealer told us there is $3k incentive, so should I shoot for $34927 or even lower?

ytek

Just got a g37 and was wondering about the american express redemption code. How do people get this code in the first place? Anyhow, if someone has this and is willing to send their information please e-mail me at yoonsahn@gmail.com.

goldstein81

Car Man,

Do you know the MF and Residuals for a '09 G37X for a 36mo / 15k mi lease? Any help you can provide would be fantastic!

Thanks,

Adam

kingpcgeek

People that bought/leased in July & August were sent the code. Chances are slim and none that anyone on this forum from that time still has not redeemed their code.

fenvy

I have tier 1 credit.

and this is what they are throwing at me

cap cost 38500
Residual 59%
money factor .00161
lease term 39mo

good number? also what kind of hidden fee are they gonna throw at me?

destination?
delivery?
handling?
bank fee?
doc fee?

joeybuns

Trying to work on a Coupe lease now myself. Mind if I ask what is the MSRP on the car and also how many miles lease is for and how much out of pocket.
Thanks Joe

michaelnhl

Hi Car_man
Looking to lease G37 X sport.At the end of my lease on G35 07 manual.Given price of $40800.Discount $1000 and $1000 loyalty.
Final price $38800.Lease for 39 month 10000 miles a year.No down.Monthly payments $526
What you think? Can wait till December.

sakenstein

I'm new to leasing. Does anyone know whether the $2500 marketing support can be applied in some way in calculating a lease? The dealer says it can only be used in a purchase/finance.

kingpcgeek

Spend 15 minutes looking through old posts and you will see it has been asked and answered several times a week. No you cannot use the $2500 with a lease.

joeybuns

Yes they can use it. Right now marketing support is $3,000. They say they can not but dealers use it to reduce price to you. I just got the $3,000 off plus $1,500 for sale or lease incentive. Picking my coupe up Thursday

thepostman

Can you post the itemized numbers on your deal?

joeybuns

The Deal
MSRP 40,775
Cap Cost 36,210
Out of Pocket $2,000
39 months 10,000 miles
Payment $445 includes 6 1/2% tax
Dealer Made my last payment of $500 on last lease His inception costs were $2,486. Down here in FL all dealers charge outrageous dealer fee's ( pure profit ).
Money Factor .000161
Residual 58%

hollandog

My deal,

MSRP $41380
Factory Invoice $37986
Cap Cost $37994
Residual Value 56%
MF % 0.00125
39 months
10,000 miles/yr

Monthly $456

Due at sign ~$2700 including 8.875% tax up front, 1st month payment, $595 bank fee, $75 doc fee and ~$80 DMV plate transfer fee.

kingpcgeek

They cannot use the marketing support for a lease. Your numbers prove it. Your cap cost of 36,210 - $500 (you paid the $500, he didn't) = $35,710. Invoice of that car is around $37,500. So you got the car for around $1800 under invoice. You stated that there was $1500 incentives so that explains $1500 of the $1800. A dealer selling you are car for under $300 isn't that out of line. So you did not get the $3000 marketing cash.

kingpcgeek

Why put so much money down on a lease? Just roll it into the lease payment.

hollandog

yea i paid the tax up front.

freezedog

I'm in the Dallas area and been looking to lease a G37 with Navigation, Sport and Premium, packages. The invoice price is right at $38,105 depending on a few minor options such as mud flaps, alarm, trunk mat, etc. Thus far, I have not found anyone willing to do the lease at invoice, certainly not under invoice. I know the $2,500 in not available on leases, but with the 2010s coming out next month, I would think the dealerships would want to work a little on the price to get rid of the 2009s. If not, I would rather wait for the 2010, it will have a higher residual anyway. Anyone have any suggestions for the Dallas area? Thanks.

michaelnhl

Is the cap cost reduction of $ 36,210 includes MSRP of $40,775 minus $ 2000 out of pocket + dealer discount ?

litlkiska

Hi, I'm new to this forum, but it looks like lots of useful comments are made. I want to buy/lease an 09 G37 Journey with Premium package, I've done the research on Edmunds True Market Value, the holdback, and I am aware of the $2500 marketing support from factory to dealer. Any suggestions on how I can go in to negotiate? I am a 26 year old woman, so I always get the bs at first about them doing me favors, giving me car at invoice, costco program, blah blah blah. Any tactics or ways of presenting myself? Thank you for any help and all your comments!

hollandog

When I was negotiating with BMW dealers, I get quote from varies local dealers and have them beat each other's price.

You can email or phone. After they confirmed the car w/ options you want, you can tell them I got this xxx offer from xxx dealer. Can you do better than this?

I managed to get a deal with invoice price + $300 for a new 2010 328xi but I opted for a G37x in the end.

It was even simpler for the 09 G37x because the 2010 is coming out soon.
I just sent an email to a couple local dealers and asked them if they can sell me the car at factory invoice (lease, no incentives at all for sedan), I will save some trips to different dealers and take the car on that day.

I took the first dealer who accepted the offer which was pretty painless.

If you're purchasing, offer them a price of factory invoice - $2500.
-$3500 if you qualify for the loyalty rebate.

Shouldn't be hard for a 09 model now.

gooddeal2

If you're purchasing, offer them a price of factory invoice - $2500.
-$3500 if you qualify for the loyalty rebate.

I don't think you can get the 1000 loyalty rebate. It's for lease only.

hollandog

You're right.

Didn't see that.

michaelnhl

Just closed the deal on Infiniti G37 AWD premium+sport +few minor options.Total MSRP=$ 40530.Car been discounted to invoice $37 500.Minus $ 1000 for loyalty.Final amount $36500.
39 month lease 10000 miles/year
MF %0.00125
0 down
$ 457 a month
Residual value 56 %
Infiniti of Denver.Easy transaction.Great people.

tnsjconvert

Car_Man - Would you please provide Lease rates for the 2009 G37 Convertible? Thank you.

jsligh

My Deal (SoCal) on 10/22/09: '09 Journey Coupe, Blk/Blk, Auto, Nav, Prem, Sprt, Trunk Mat, Cargo, ...
10k/36mo (not 39 mo)
Minimum Drive-off $1,100 (first mo, dmv, etc)
MF .00176
Resid 60%
MSRP $44,930
Invoice $41,128
Sell Price $38,619 (invoice minus $2k incentives and approx $500 holdback $)
Pmt: $503/mo Including our ridiculous LA, CA Tax

Very happy w my deal and the car. Thanks to everyone on the forums for helping me without even knowing it! Do your homework and it will pay off. Also, still looking for an Amex partner if anyone is willing.

Please respond to me with the AMEX Redemption Code and additional info as noted below, and I'll enter it on the Infiniti website:

http://www.nnainfo.com/Rewards/datacapture.html

My e-mail address: jasonsligh@hotmail.com (I can provide you with more of my contact data as well if that makes you more comfortable)

Owner Redemption Code
VIN
First Name
Last Name
Street Address
City
State
Zip Code

I will also assist another person once I receive my Amex code. Thank you very much!

ildarad0

hi,

sounds like a good deal. is it AWD? can you please email me who you work with and what dealership you when to? my contacts are ildarg@touchcominc.com
I'm in N New Jersey (hoboken).

thank you
IG

nyca2000

Just pulled the trigger on a Blue Slate G37x Premium and Nav 39 month 10k miles/year ( Long Island NY)

MSRP 41380
CC Reduction : 3000
Total Out of Pocket : 5500 ( CC Reduction + Bank Fee + First Month + Taxes)
MF : .00141
$367/month

goldstein81

What dealership did you use NYCA2000?

kingpcgeek

Next lease you do you might want to read why you should never do a CC reduction.

hollandog

What's the selling price of the car?
And I think the MF should be 0.00125 for Nov.

stubdooo

Was just offered the following deal:

2009 G35X with Nav, Sporte and Premium.

15K miles. 36 months. $549 per mont. $808 first payment + tags.

Good deal?

ladydumb

Hi , is there anyone who has the redemption code for infiniti owner recommendation rewards program? Just leased a new G37S and try to get this FREE rewards. Tks.Offer must be redeemed before December 31, 2009.

http://www.nnainfo.com/Rewards/datacapture.html

ildarad0

Car Man,

I'm looking for residual and MF for Infiniti G37 Coupe AWD.
Dealer is giving me following information:
36 Month
10K
$505 month including TAX
1310 Out of pocket payment (not a down payment)
Buy out at the end of the lease $27,792 (not sure why i need it, i guess to calculate residual)
Premium Package and Navigation MSRP $44825.
am I getting a good deal or not? please let me know.

thank you
Ildar

hollandog

The RV is 62% and the MF should be 0.00176 for November.

You should also ask for the selling price and see how much is it under/over the invoice.

jchalm

Thanks to all who post. I just drove home a G37X with Premium and Navigation from Infiniti of Lisle outside Chicago:

Sticker Price $41,380
Selling price $37,380
Residual 56%
10,000 miles per year

Lease amount $445/month before taxes (this included $1000 loyalty)

cluedweasel

Without the selling price and your tax rate, it's not really possible to tell. Assuming a tax rate of 6% and reverse engineering your payment, it looks like a selling price of about $40600.

hollandog

You got a good deal.

I got the same car for $37994 leased 2 weeks ago.

nyca2000

Legacy Infinity in Lynbrook LI. Great dealership and great people to deal with and absolutely no pressure before or after the sale. I live in manhattan but it was worth driving 20miles to get the car from them and avoid some of the dealers closer to me. Would highly recommend this dealership.

nyca2000

Yes you are correct. The MF was .00125. Here are the details on my lease:

Blue Slate G37x Premium + Nav
MSRP 41380
Selling Price 37690
MF .00125
CC 3000
$367/Month for 39 month 10K/year

ildarad0

Hello cluedweasel and all members,

You are actually very close to a selling price. May be you are my dealer??? :-)
I just got it today and not sure if this is a good deal or not. I hope some one can help me here.
Here is a deal I'm being offered.
G37 AWD Coupe, Premium, Navigation
10K, 36 month
1. Out of Pocket: $1110 + DMV fees. (no money down)
2. MF 0.00176
3. Resd. 62%
4. MSRP $44825 (not sure why, I think this should be $44765=$38700 + prem package $3000 + Nav package $2200 + $825 destination fee) am I correct?
5. Selling price $40400 (according to dealer $1500 insensitive applied)
6. TAX 8% ? (I leave in NJ but but shopping in NYC, not sure which TaX rate to apply).
lease price is $505 Tax included.
i think i can do better than that for 2009 Car what do you guys think?

thank you for you reply in advance.

IG