Infiniti M37 M56 Lease Questions

romil01

No problem. Car_Man will have to answer the questions about the current numbers, I don't have access to those. I always have to ask Car_Man, too.

fpinho

Carman I was told a dealership that infiniti will not allow me to make any MSD's on a M37X lease since the money factor (interest rate) is below 1% already. He said they will not allow you to go below 1% is this true?

Thanks ...

CarMan@Edmunds

Hello fpinho. Infiniti Financial Services' February buy rate lease money factor and residual value for a 24-month lease of a 2013 M37X with 10,000 miles per year are .00001 and 61% for consumers who qualify for its top credit tier.

The numbers for otherwise 36- and 39-month leases of this car are .00032 / 55% and .00039 / 54%.

When negotiating your lease on this car, make sure to take advantage of the $1,000 dealer cash that Infiniti is currently providing on leases of it through IFS.

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CarMan@Edmunds

Welcome alvaro319. You're off to a good start in that you already know that the selling prices of leased vehicles are negotiable. Many consumers don't realize that.

In addition to negotiating a selling price that's $500 to $1,000 over invoice, you need to make sure that the dealer that you're working with subtracts the $1,000 cash incentive that Infiniti is providing on leases of this car from your deal as well.

Money factors are and are not negotiable. Let me explain... they are not negotiable in that the bank that you are leasing through, Infiniti Financial Services, sets the lowest possible money factor for a vehicle aka the buy rate. They are negotiable in that dealers are sometimes allowed to mark vehicle's buy rates up to add additional, hidden back-end profit to deals. It is important to make sure that the dealer is not marking up the buy rate for your deal.

The money factor that you mentioned is correct for a consumer who qualifies for IFS' top credit tier.

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CarMan@Edmunds

That may very well be true. Most banks do have a minimum money factor that they allow to be charged.

Car_man
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fpinho

Signed the paperwork on my next lease in NJ. Had 3 remaining payments on my 2010 G37XS which are waived. Details of new lease –> 2013 M37XS with premium, sport and sport touring MSRP 60,795 got them down to 53,695 which includes my 1K loyalty. 39 months 10K miles per year my payment comes to 567.38. i also made 3 security deposits which is the max I could do because the money factor was so low already. Total out of pocket 2370 includes tags, doc fee, luxury tax (NJ), bank fee, tire fee. Thanks for this website it helped tremendously.
Good luck to all .... Please send me a message if you want to know the dealer and salesperson ..

almatti

I've been reading and learning about lease negotiations at this site. I just put a downpayment on a new 2013 M37X With Premium and Deluxe Touring Packages, 18k Miles per year, No $$$$ down, 39 month lease, and getting a waiver of the last 6 months of my 2010 37X lease ( 3moths from IFS Upload program and 3 Months from the Dealer, so they say). Monthly payment: $645.00. I think it's a good deal, but like all buyers you feel you can do better.

What I should have learned was to inquire on the Buy rates, residuals, and the final selling price. I may demand to see that laid out BEFORE signing the lease.

almatti

Oh Forgot to mention that OTD is $3,300 - No Cap Cost, Bank Fees (that's a farce), doc fees, Taxes, title and dealer used the $1K Loyalty. Sales taxes in Westchester County @7.375%.

paperboyccc

Keep in mind that if the dealer is paying months of your lease payment they are charging that money elsewhere. Your best bet is to get quotes from multiple dealers on the selling price of the car and then use the buy rates for money factor and residual. Keep the two transactions separate.

fpinho

Hi Almatti,

Based on your location you must be dealing with Pepe Infiniti. Send me a message and I can put you in contact with the dealer/salespereon I used, I'm sure you will get a better deal. the dealer i used is located in north jersey which isnt that far from you.

infinutter

Offer on the table:
39 month lease / 12K per year
MF=0.00043
Residual = 54%
MSRP = $58,410
Negotiated Price = $51780 (incl Consumer Reports $500 rebate)
Acq Fee = $700
Doc Fee = $595
Tag / Title = $78.50
Dealer pays me last month of Genesis lease = $460

First month =$145.50
38 months = $605 including all sales tax.

Just about to sign the deal - any thoughts?

almatti

Hi fpinho, you are correct Pepe infiniti. I did my last two leases there 2007 G35X and the 2010 G37X. Just got another quote from another dealer with $2k Cap cost, 2013 M37X Premium and deluxe Touring packages - 15K miles - 39 months Plus Taxes Title, fees : $538/Month. It seems the 18K miles per year is real killer. Now that i've experienced 2 Infiniti leases where they offer early termination upgrades, I won't hit the 18K miles per year but I'm paying for it.

I'd appreciate the name of the Norther Jersey Dealer. THX

almatti

Oh yeah, the quote I mentioned is based upon examining my 2010 G37X - infiniti will eat 3 months of the 6 months remaining, and they would have to "find" equity in my lease for the other 3 payments. I'm sure if I walk in the door to this dealer, they can do better on the quote and "find" the equity. There is a big need for late model Used cars in the NY metro area since the devastation from Sandy.... We'll see, I'm in no rush. The quote pertains to two M37X they have on their lot : Liquid Platinum w/ Graphite Interior and Black / Graphite interior. recently I jsut saw a Blueish gray with Stone interior in my area. That really caught my eye. The dealer would have get that car - which incur a premium or add on to the price.

minirad

Hi Car Man,

Can you quote me the March MF and residual for a 2013 Infiniti M37 with premium package? Are there any rebates? What price should I shoot for?

Minirad

fpinho

Hi Almatti, send me an email to frankp118@yahoo.com this a an old email address I dont really use it now so put in the Subject line Almatti M37 so I know how to find it quick and I will give you the dealer name and sales person name in NJ. When you send the email post in here and let me know you sent it. Thanks .....

cdbar1

Hi looking for advice

I was offered and early turn in offer for my 2011 M37X. present lease 39 months 15K mi/yr $599/month

Infiniti will pay 3 months of the balance of 6. I have pay 3 months lease 3 x$599 and $1500. They will also give $500 toward wear

2013 Infiniti M37x Sedan w/ Premium Package
39 Month Lease
15k Miles Per Year
$3,300 Due At Signing
$601/Month

Msrp-$55,645
Selling Price-$50,194
Money Factor-.00039
Residual- 52%
Acquisition Fee-$700
Doc Fee-$131
Title-$87.65
$1,000 Loyalty
$1,000 Lease cash

I am thinking there is room to reduce the selling price.

What do the members think?

Thank you

un1263

Car_man can you quote me the financial particulars on a 25k mi/yr M37 w premium and technology lease for both 24 and 39 month leases?

And yes, Infiniti allows higher mile leases like this as I currently have a 24mo/25k/yr '11 G37 Sport lease which is coming to an end. If anyone is curious, that $47K car with a selling price of $40K is/was $600/mo with GA sales tax and 0 zero down....sign and drive minus the first payment of course. Off the top of my head residual was something crazy like 69% because I heard the finance mgr remark on it.

Ford is one of the very few other companies who will do the same.

Thanks!

CarMan@Edmunds

I certainly can minirad. Infiniti Financial Services' March buy rate lease money factor and residual value for a 36-month lease of a 2013 M37 with 15,000 miles per year are .00037 and 53% for consumers who qualify for its top credit tier.

Infiniti is providing a $1,000 cash incentive on leases of this car in March. There's another $1,000 loyalty on top of that if you qualify.

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CarMan@Edmunds

Here you go un1263. Infiniti Financial Services' March buy rate lease money factor and residual value for a 24-month lease of a 2013 M37 with 15,000 miles per year are .00001 and 60% for consumers who qualify for its top credit tier.

The numbers for an otherwise identical 39-month lease are .00043 and 52%.

I believe that 15,000 miles per year is the highest mileage allowance that IFS publishes residual values for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis that can probably be baked into your payment. It is less expensive to do so at lease signing than it is to wait until lease-end.

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pjbrien1

HI All -

I'm in the late stages of a negotiation for a M37x and am looking for March money factor and residual for a 39 month lease with 10K miles.

Thx -

pjbrien

almatti

Frank. i just sent the email as instructed... THX

fpinho

Hi I didnt get it. Could you resend it to frankp118@yahoo.com and put in subject line M37 thanks ....

hilltop3

Would you please give me the March MF and RV for 24 mos, 36mos & 39mos. w/12K miles? I'm a little confused by earlier posts. Thanks!

almatti

Hi Car man, looking for April Leasing numbers. I understand that the Pull Ahead program is ceased as of April 1,2013. True? Will it be restored. Are better numbers ahead as i don't see very many Ms on the road, lots of MB E350s and BMW 5 and 3 series...

CarMan@Edmunds

Hi pjbrien. Infiniti Financial Services' current buy rate lease money factor and residual value for a 39-month lease of a 2013 M37x with 10,000 miles per year are .00032 and 55% for consumers who qualify for its top credit tier.

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CarMan@Edmunds

Hi hilltop3. Infiniti Financial Services' current buy rate lease money factor and residual value for a 24-month lease of a 2013 M37x with 12,000 miles per year are .00019 and 62% for consumers who qualify for its top credit tier.

The numbers for 36 and 39-month leases of this car are .00032 / 54% and .00039 / 53%.

Make sure to take the $1,000 cash incentive that Infiniti is currently providing on leases of this car into account during your negotiations.

Car_man
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CarMan@Edmunds

Hi almatti. Infiniti Financial Services' April buy rate lease money factor and residual value for a 36-month lease of a 2013 M37X with 15,000 miles per year are .00032 and 53% for consumers who qualify for its top credit tier.

I haven't heard anything about a pull-ahead program for April yet.

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almatti

Thanks Car_Man. Do you think an Infiniti Dealer would still make a deal where I could trade my 2010 G37X with Premium and Navi Packages in Now. 5 Months remaining at $425.00 / mo - $23,400 is the residual to buy the car in September. Car has 45K miles on it, the original lease included 18k miles per year.?

At the end of March with the Pull Ahead program (waive 3 months of the payments by IFS), I had a lease price of $538 / Mo. on a 2013 M37X with Premium package - no $$$$ downpayment, TTL of about $2,400 (OTD cost), 39 months with 15K miles per year. Think that's a good deal?

almatti

Hi Car_man: Any new info on Infiniti's programs for the M in June. I haven't pulled the trigger on a deal yet to replace my 2010 G37X.

I have this deal on the table now for a lease:

Fully Loaded M37X, Premium, Deluxe Touring & Technology Package, MSRP is $62,700: 39 monts with 15K miles per year, No $$$$ Cap Cost down payment, TTL and 1/2 of my remaining lease payments ($645), OTD at $4,700 which includes 1st month, Bank fee, Sales taxes ($1,890) , $700 Sec Deposit (which I want waived - this is my 3rd Infiniti lease Tier 1 credit), per month lease at $608. I don't know the money factor, but the resideual is 51% off the discounted sales Price of $56,200

With som eammo from you, I think I can do better by $20-25 per month...

CarMan@Edmunds

Hi almatti. Infiniti Financial Services' buy rate lease money factor and residual value for a 39-month lease of a 2013 M37X with 15,000 miles per year are .00006 and 52% for consumers who qualify for its top credit tier.

Infiniti is currently providing a $1,000 cash incentive on leases of this car for everyone plus another $1,000 for loyal customers o top of that. Make sure to take this cash into account during your negotiations.

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comfortzones

Car man, could you please add the M37x Lease Rates/Terms for 10k and 12k annual miles for top tier customers? Thank you for all that you do on this and other Edmunds boards.

almatti

Do you folks notice the complete lack of Ms on the road. in the NY metro area, you wil be hard pressed to see on the road? What gives....are the other cars : Audi, MB, MW, etc., that much better or more desirable? I'm OT know to follow the "Pack".... but this is really noticeable. Is it the 7AT issues. It's quirky and lagging on my 2010 G37X. Other forums seem to indicate that the problem exists with the Ms too. I am wrestling with acquiring a 2011 Audi A-6 3.0T vs. leasing the 2013 M37X. Pull Ahead program is back - Infiniti will waive 3 lease payments and still has Rebates and cash loyalty. The Audi is a really nice car, the M has the best interior of the whole bunch IMO.....I've got a 2013 M37X with premium & Deluxe touring packages, $3300 for TTL +$1700 Cap cost so total OTD of $5k, 39 month lease, waive my last 3 payments of $425 plus the dispo fee with 16.5K miles per year @$560 per month. Buying the Audi with $7000 cash, would yield monthly payment for $575.00 for 60 months.

CarMan@Edmunds

You're very welcome comfortzones. Thanks for the thanks .

Infiniti Financial Services' June buy rate lease money factor and residual value for a 36-month lease of a 2013 M37x with 12,000 mies per year are .00006 and 54% for consumers who qualify for its top credit tier.

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

There is a $1,000 cash incentive on leases of this car.

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mogupt

Are the numbers same for M37 RWD?
What would be the residual and MF for 39months/15K miles on M37?
Is $1000 cash on leases only?

Thanks,
Mark

bmulberry

Car Man,

Could you confirm June residual and MF for 39 months, 15k miles for 2013 M37x? Dealer is giving me .00021 and 51%, which are not as favorable as yours.

I'm taking advantage of "pull ahead"; does that impact any incentives or other factors?

Thanks.

macroprez

In your response to comfortzones, you quoted a money factor of .00006. Is that correct, or did you mean .0006? Does it change in Wisconsin?

Does Infiniti do a 39 month lease for 1K/month, and if so, what are the factors?

Thanks for all the work.

jwfrost

bmulberry,

My dealer in RI gave me the same numbers you are getting for a 39 month lease - .00021 and 51%. I was told the .00006 and 52% were for a 36 month lease.

James

CarMan@Edmunds

Hey Mark. Infiniti Financial Services' June buy rate lease money factor and residual value for a 39-month lease of a 2013 M37 RWD with 15,000 mies per year are .00025 and 51% for consumers who qualify for its top credit tier.

There is a $2,000 cash incentive on purchases and $1,000 on leases of this car. There's an additional $1,000 on leases only for loyal customers.

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CarMan@Edmunds

Hi bmulberry. Infiniti played around with its lease program mid-month. The numbers that the dealer quoted you are correct for a 39-month, 15k lease of a 2013 M37X.

The fact that you are being pulled ahead should not alter the parameters of the lease program.

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CarMan@Edmunds

Infiniti does offer a lease of those specifications, macroprez. IFS' June buy rate lease money factor and residual value for a 39-month lease of a 2013 M37X with 12,000 miles per year are .00021 and 53%.

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ram60

Hey CarMan,

Getting ready to roll off a 39 mth lease on an M37 and looking to get current MF and Residuals.

Any insight on 39 mth lease for 2013 M37 with 15K miles Mf and Residuals ?

I once had the 24 mth lease and it worked out much better for me. Any idea is this is an option?

Thanks

bgardiner

Hey got a notice in the mail in late June about the pull ahead program. I saw some good incentives for June I know I will see depreciation and mf soon enough but anyone aware of incentives on M? Gotta think with the badge change they are struggling to get rid of current inventory

CarMan@Edmunds

Hi ram60. Infiniti Financial Services' July buy rate lease money factor and residual value for a 39-month lease of a 2013 M37 Sedan with 15,000 miles per year are .00025 and 51% for consumers who qualify for its top credit tier.

You can do a 24-month lease of this car, but I suspect that the payment will be higher. The 24 / 15 numbers are .00003 and 60%.

Infiniti is providing a $1,000 cash incentive on leases of this car right now.

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CarMan@Edmunds

Hi bgardiner. Infiniti is currently providing $2,000 dealer cash on purchases or $1,000 on leases of the 2013 M37.

There's a $1,000 loyalty offer on leases as well.

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alfstinky1

Hi Carman,

Could you please provide the MF and Residual for a 2013 M37X with 10K for 39 months? Thank you!

usmc_av8r

Any August info on the MF and Residual for a 36 month lease for both 10k & 12k miles on a 2013 M56S?

Much appreciated!

dnts4

CarMan,

Can you please provide the September MF and residuals for 24/36 months @12k miles/yr for a 2013 Infiniti M37x Sport?

Thanks in advance!

kyfdx

.00025 and 60% for 24 months..

.00003 and 51% for 36 months..

burzhui

Hey Guys,

Just got this Vehicle M37X With Premium /Nav

price 49499.57
Gross Cap Cost 51345.17

39 Months
Residual 29494.40
Total cash out of pocket at lease signing 1499.60 (first month+dmv+bank fee, licence/inspection fee, )

Monthly payment 549.01

Can someone confirm if this is good or just OK?

ncnyawker

Kyfdx: could you post the December residuals and m.f. For 2013 M35 awd. And red models? Thank you in advance!