Infiniti G37 Lease Questions

awd250

can you break this down $2800 (1st month, ttl, bank fee,dmv)

bbyanks

Just got this quote:

2010 G37X Sedan w/Prem, Nav, Sport (NY)

MSRP: 42,380
Res 61%
MF .00189
39 months, 10K miles
Cap cost 38,611 (includes 1K loyalty)
$449 month + sales tax + bank fee 595

How much better can I do?

traderb

can you tell me the current residual and money factor for a 39 month 10k per lease. if it is differnt for the sport 6mt give that also please.

sheeed

If any one can answer this I would greatly appreciate it. How much longer do you think 2009 models will be available? Am I better off calling dealers and asking them or do any of you have a general idea?

nycjoker

Looks like a good deal. Where in NY were you quoted this? Is this for the February program?

HokNYC

According to the dealer in NYC, they don't know when they will pull the 09 lease option. They already stopped 09 lease on the FX and MX. Can only assume the G is coming soon.

I'm having a hard time getting the $2800 from the dealer over the phone. I'll need to pop into the dealership.

bbyanks

February deal on Long Island.

bbyanks

Question - I have never leased before, but a friend of mine who has leased several times told me he has a very good credit rating and always gets the bank fee waived. He hasn't bought from Infinity, but has bought SUV's from Jeep. Toyota etc. Is the bank fee negotiable?

sewellgsm

I think most will be sold out by the end of Feb....March at the latest.

sewellgsm

Convertible - 10k

Base: 61% .00232 (Tier 0)
Sport: 61% and .00232 (Tier 0) - no diff.

PS Dealers have $2000 dealer cash to work with as well.

sewellgsm

This may be too late. But to work your payment we need to know - how many miles per year and how much you are putting down at the dealership (due at signing - most of the time it is the first payment + title and registration). An exact MSRP would help as well....

nycjoker

If your could negotiate the selling price at invoice AND get the $1K loyalty, then you would get yourself an awesome deal.

blitzebill

The vert has a special going on right now and VPP is usable.

just got this quote today for vert with premium, wood trim, wheat int., 19" tire pkg, rear wind deflector, splash guards:

MSRP= $49,905

invoice= 45,812

my price with VPP A code= 42,850

lease deal: $460/mth for 39 mths and 10K miles/yr.

$0 down, and $1,400 up front for fees and first mth payment + $4,400 refundable MSDs for total upfront of $5,800.

Money Factor= .00175

residual= 61%

gross/net residual= $30,442

this appears to be a great deal.

keepingitclean

Hi Carman,

Can you please post the money factor and residual for the following:

2009
G37 Sedan Journey 15k
G37 Coupe Journey 15k

2010
G37 Sedan Journey 15k
G37 Coupe Journey 15k

Thanks!
Mike

millwood0

your cap cost is too high. I got a car like yours, without the sports package, just shy of $34K, without tapping into infiniti financing. so with infiniti financing, the cap cost should be mid $36K. the sports package should add no more than $1K (my msrp is exactly $1K short of yours). so that brings the cap cost to mid $37K, vs. your $mid 39K (counting the $1k loyalty).

your residual does look incredibly attractive, however.

like I have said many times over, negotiate a sale price first and then treat leasing just as a way to finance the purchase.

traderb

blitzbill,

what is VPP A code?

how did you get the money factor down that low? the .00232 is cheapest I saw.

blitzebill

Infiniti has an employee discount program for buying their vehicles.

http://insidenissan.programhq.com/search.psp

It's called VPP (Vehicle Purchase Program).

If you can get a claim code (A through D, the higher the letter, the best, A is the best) from a Nissan/Infiniti employee, you get the best, lowest deal for their vehicles.

Go to this Infiniti owner's blog:

http://myg37.com/forums/vpp-purchasing-330/

and read about leasing and look at the threads. there are salespeople and dealers who can get you one of those VPP claim codes who visit this blog on a regular basis.

it's an amazing deal.

There are salespeople on this Edmunds blog who can probably get you a claim code.

good luck!

reddragon7

Millwood0,
Are your numbers based on a 2010 G37x sedan W/prem&nav? Was this a purchase or a lease? If so, What were all your numbers? I'll use them for my negotiation this week!

Thanks

RD7

vulches

We're coming up on the end of our lease term and are considering all options including a downsizing of our car expenses. Does anyone know whether an IFS-leased vehicle can be turned in for a leased (or purchased) Nissan? I like the $500 of excess wear that is waived (we'll need it) and the possibility for sales tax savings if we lease again (Texas sucks for leasing).

millwood0

it was for a 2009, P+N. we negotiated by a buy and lease option. and we ended up buying the car with cash.

jamella

Latest cost breakdown provided by dealer.
I think I can do better.....any advice? Better deals out there?
Also, the dealer said they would take care of my last lease payment if I lease again before the end of February.

2009 G37x with premium package

39 months x 12,000 miles per year with $1336.90 due,$534tax included
MSRP = $38,915
Selling =$ 36,143
Money Factor = 1.55
Residual = 55%

First = $534
bank fee $595
Doc fee $150
Title app $15
Tire tax $1.25
Tax on bank fee $41.65
Total of fees = $1336.90
********************************************************************************- *************
2010 G37x with Premium package

39 months x 12,000 miles per year with $1427 due = $554 tax included

Msrp $39,260
Selling = $37,611
Money Factor = 2.04
Residual = 60%

First = $554
Bank Fee = $595
Doc Fee=$150
Titl app = $15
Tire tax = $1.25
Tax on Bank fee = $41.65
Tax on $1000 loyalty = $70
Total of Fees = $1,426.90

gusbuf

Carman, are residual and MF adjustable by the dealer, or are the numbers fixed? That being said, I am looking for the Residual and MF for both an 09 and 10 G37x 12,000 mi/yr, 36 or 39 month term. I am in the zip code 14221 near Buffalo, NY. Thanks so much!

ghetto2315

Residual, no. MF, yes.

kingpcgeek

Residual is set by finance company. MF is set, but the dealer can mark it up for extra profit. From what I have seen very few do. None of the Infiniti dealers here in AZ do, but I did find one Lexus dealer that was.

kingpcgeek

Your friend is confused. He may have had the deposit waived because of good credit, but not the bank fee.

CarMan@Edmunds

Hi domain311. Infiniti Financial Services' current buy rate lease money factor and residual value for a 39 month lease of a base 2010 G37 Sedan with 10,000 miles per year are .00171 and 62%, respectively.

Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

CarMan@Edmunds

Welcome back tdj. Here's the information that you are looking for. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a base 2009 G37 convertible with 15,000 miles per year are .00217 and 58%, respectively. The numbers for an otherwise identical 39 month lease are .00232 and 57%.

15,000 miles per year is the highest mileage allowance that Infiniti Financial Services publishes residual values for. If you need to drive more than this, you will probably have to purchase additional miles on a per-mile basis. It is usually less expensive to do so at lease signing than waiting until lease-end and having to pay an excess mileage penalty.

Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

CarMan@Edmunds

Hi nickr1. If it was in reference to the 2010 G37 Coupe, the $3,000 "marketing support" that you saw mentioned was incorrect. Infiniti is currently providing $1,500 dealer cash on the 2010 G37 Coupe. For the purpose of leasing, this cash doesn't really matter anyhow because it is not compatible with Infiniti's special lease program.

Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

CarMan@Edmunds

Welcome pulsear. Since you are new to leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

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

Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

CarMan@Edmunds

Hi reddragon7. Here's the info that you're looking for. Infiniti Financial Services' February buy rate lease money factor and residual value for a 36 month lease of a 2010 G37X Sedan with 10,000 miles per year are .00175 and 62%, respectively.

Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

CarMan@Edmunds

Thanks for keepingitclean Mike. I know that it was bad, but I have to amuse myself somehow .

Here's the info that you're looking for. Infiniti Financial Services' February buy rate lease money factor and residual value for a 36 month lease of a 2010 G37 Sedan Journey with 15,000 miles per year are .00155 and 58%, respectively.

The numbers for an otherwise identical lease of a 2010 G37 Coupe Journey are .00202 and 60%, respectively.

The numbers for an otherwise identical lease of a 2009 G37 Sedan Journey are .00091 and 53%.

Last but not least, the numbers for an otherwise identical lease of a 2009 G37 Coupe Journey are .00143 and 57%.

Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

CarMan@Edmunds

Hi gusbuf. Infiniti's lease program is national. Individual dealers do not have the authority to alter Infiniti Financial Services' published residual values...but dealers are allowed to mark up vehicles' money factors from time to time. Infiniti dealers are not notorious for marking up money factors like BMW dealers are, but one should still know what the buy rate is for the vehicle that they want to lease.

Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 G37X Sedan with 12,000 miles per year are .00175 and 61%, respectively. The numbers for an otherwise identical 39 month lease are .00189 and 60%.

IFS' numbers for a 36 month lease of a '09 G37X Sedan with 12,000 miles per year are .00105 and 56%. This car's 39 month numbers are .00125 and 55%.

Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

jamella

PLEASE ADVISE. 2nd post to the forum.
Latest cost breakdown provided by my dealer.
I think I can do better.....any advice? Better deals out there? Where can I negotiate? Also, the dealer said they would take care of my last lease payment if I lease again before the end of February.

2009 G37x with premium package
39 months x 12,000 miles per year with $1336.90 due,$534tax included
MSRP = $38,915
Selling =$ 36,143
Money Factor = 1.55
Residual = 55%

First = $534
bank fee $595
Doc fee $150
Title app $15
Tire tax $1.25
Tax on bank fee $41.65
Total of fees = $1336.90
********************************************************************************- - *************
2010 G37x with Premium package
39 months x 12,000 miles per year with $1427 due = $554 tax included

Msrp $39,260
Selling = $37,611
Money Factor = 2.04
Residual = 60%

First = $554
Bank Fee = $595
Doc Fee=$150
Titl app = $15
Tire tax = $1.25
Tax on Bank fee = $41.65
Tax on $1000 loyalty = $70
Total of Fees = $1,426.90

bbyanks

You should easily get an additional $2K off the cap cost of both cars.

reddragon7

Just leased a 2010 G37x with Nav/Prem. Blue slate/Stone
I'm outta here for three years but I want to share my deal.

MSRP: 41,110
Cap Cost: 38,000 (no Cap cost reduction)
Loyalty: 1,000
36m/10k yr.
Money factor: .00175
Residual: 62%
Tax: 7%
Inceptions (First month, Title/Doc/Reg): 1,600

$463.13 per month (includes tax)

I am very happy with this deal. See you in three years

Red Dragon 7 out

bcrab63

I'm looking to lease a G37 sedan and have gotten the following lease offer, and welcome feedback:

$40,150 MSRP
39 months
39,000 miles
$1,200 due at signing
$499.99/month
Will receive a $952 check from dealership to payoff current lease (2 months remaining)

Model has navigation, premium, performance tires/wheels, trunk mats, splash guards and trunk cargo net.

Thanks!

reddragon7

The 2010 has shifting problems with the auto transmission. Test drive the vehicle you will purchase before signing. The technicians will not acknowledge the problem yet. My new G gears improperly shift gears and it may become unsafe in certain driving situations.
Be safe

jdljr

A nearby dealer quoted me $487 per month including tax for a 2010 G37X Coupe with Premium package, 12k miles per year, with $2k down. Don't know what any of the other numbers are, right now communicating via email.

artinflorida

You are computing your own lease numbers and in lieu of a MSRP reduction, the dealer will buy you out of your current lease for the remaining $2800 owed. Can this reduction be shown as a reduction to the selling price.? Does this accurately capture the dealer
payment regarding computation of the lease numbers? Thank you for the help. I am new at the forum but have learned a great deal just by reading questions and answers.

yamilrx

I am new at negotiating leases. I always go by down payment and monthly payment. I have a 2008 BMW 528i 6spd no extras as it was European Delivery pick up in germany 12k 24month $416 with 2k down of which I got back $1500 for loyalty and prior deposit. Insane deal but I cannot go to Germany by next month. Looking at a 2010 G37x 39months, 12k miles. I can give 2k down but want to keep my payment at $416.
I read through forum and found some MF info for Feb of .00155 on 36month lease.
Questions:
1- When I plug in the numbers do I reduce the negotiated price and the MSRP by the $1500-2000 down. I know part of down goes towards 1st payment and other fees.
2-What is MF on a g37S 39month/12k miles for February and what was it for January.
Thanks in advance.

sbleiweiss

What are IFS's current Residual Values and Money Factors for a 2009 and 2010 G37X Sedan for 36 months, 10,000 miles per year?
What kind of discounts can one expect for either a 2009 or 2010 G37X Sedan equipped with Navi and Premium Packages?

lwv

Does the $2500 dealer incentive count for leases? How about the $1000 bonus? Also I am being quoted a 53% residual on an 2009 G37 12k lease for 39 months. According to car man they can not change that. Dealer is quoting .00161 for the interest rate which seems high also. Looking to lease a 2009 G37S with MSRP 41315. What would be good buy price for lease?

Carman, I am somewhat confused by your post above:

IFS' numbers for a 36 month lease of a '09 G37X Sedan with 12,000 miles per year are .00105 and 56%. This car's 39 month numbers are .00125 and 55%.
The the 15k lease was .00091 with 53% residual?

Could you reclarify for the 12k and 15k on 2009 G37 Sedan?

Any advise would be appreciated,

rlbjr2

Just wanted to confirm some info about MSD's. Are 9 still the max? Do they still reduce the MF by 0.0001 each? Do all 9 reduce the MF and if so, is there still the normal security deposit(so 10 total)? Thanks.

artinflorida

Dealer in Florida made this proposal to me for a 2009 G37 Coupe, new with premium package and Navigation system:
MSRP: 42,975
cap cost:39,946
12,000 miles per year
39 month lease
residual 57%
money factor: 00161
payment to be 659.00 pluss tax.
In addition, dealer pays off the 2800.00 in remaining payments on the car I would be turning in. Thoughts, comments and opinions on this... Thanks to all. I am new to the forum but am learning a lot. This payment seems awful high even to a novice like myself..

awd250

39,946 is crazy! read some of the older posts

jamella

Update, Update!!!

MSRP: $39,260
Selling for $36,566
Residual $23,552 (60% )
Money factor .00189

Break down of fees:
$498 First payment (TOTAL/including monthly taxes)
$595 Bank Fee
$41.65 Tax on Bank fee
$70.00 Tax on $1000 loyalty (previous lease customer)
$166.25 Doc fee, Title app & Tire tax
$1370.90 Total down

What do you think of this update to my deal in progress?
Do you think I can get any additional off the selling price?

Also, is my current 2007 lease residual negotiable with IFS?

sewellgsm

All VPP (A, B, C, or D plans) are eligible for the A plan from now till the end of the month! This saves a bunch of money! A plan is usually reserved for Infiniti/Nissan employees only.

C & D are employees of companies that do business with Infiniti/Nissan (American Airlines, AT&T, all supplies, 100's of companies) - if you wonder if you are eligible, check with your HR department. The upgrade to A plan is huge!

kingpcgeek

Also, is my current 2007 lease residual negotiable with IFS?

Nope.

Put it this way if you were buying the car at lease end and it was worth more then the residual would you let Infiniti charge you more for the buyout then what was stated on the lease agreement? You would say no, I have a contract.

lwv

Would anyone be kind enough to share a VPP code? I am fixing to purchase a G and it would sure help.

beachbumfl

Great forum here, with lots of intelligent discussion! I am coming to the end of a 39 month lease and weighing my choices. From what I've read here and have confirmed by talking with them, IFS will not negotiate the buyout price. As far as they are concerned, the residual value is set in stone.

I have a 2007 G35 Journey with premium and navigation. The MSRP at inception of lease was $37,640; gross capitalized cost was $36,375, included $595 acquisition fee. The residual value is $21,500. My payments are around $525/mo plus tax.

I have low miles (26K) on this vehicle so the residual is lower than the current market price from what I can tell. Nonetheless, I would rather pay less than residual if possible. I have not approached any dealers about buying it for me as suggested by some other posters and don't even know if this is possible. I did speak with one finance manager who would handle the purchase paperwork. He is interested in selling me an extended factory warranty even though I've got most of the 4th year of original warranty, so maybe there's something to help negotiate?

I saw one poster mention extending his lease for a few months then he was contacted with a very attractive buyout price, way below his residual. I would not mind doing this if I felt there was a good chance I'd get a similar result.

Any thought/suggestions would be welcome, thanks in advance.