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it's for a 2008 g35 sedan 4 door, journey with premium package with splash guards and trunk cargo net.
MSRP: 36,230
residual is 56%
39 month
12k miles per year
down payment needed is $4980.90
monthly payment is $400 including taxes
I saw a deal in the newspaper for $299 for this car without the premium package/splash guard/trunk cargo net with a lower down payment around $4450
I have decent credit score around 690, i'm paying a higher down payment as the ad had a $500 incentive for loyal costumers (previously had an infiniti).
I'm seeing all these deals in this forum with barely no down payment with similar monthly payments. Please help, I haven't signed anything, been negotiating over the phone and via e-mail. I feel now I'm getting robbed with the down payment. I don't know the breakdown of the down payment and will ask but how could I bring down my down payment without rising my monthly payments? My insurance is going to sky rocket as I barely had the minimums as I owned my last car (9 years old!). Please advise.
Thanks,
Saul from Miami, FL
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.
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
2008 G35X with premium/sport
msrp $39,100
39 month 16k miles yr
total cod ~$620.00(first payment/plate)
monthly $482.00 taxes in(mi. 6%)
any input appreciated
You need:
Publicly Available Items
MSRP
Invoice Price
Current Manufacturer Residual
Current Manufacturer Lease Factor
Items particular to your deal
Selling price (in these car buying times you should be around invoice on most cars)
Lease factor dealer is quoting you (dealers can mark this up)
Dealer doc fees
Local sales tax, and whether you pay up front or every month.
Out of pocket money up front.
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
2008 G35 4dr auto, journey + premium + nav
39 mos
12k mi/yr
MSRP: 38225
Invoice: 34900
Willing to sell @: 33789
Money factor: .00012 (i think)
Total drive off: 2250
Monthly payment tax included: 412.75 (@ 8.25% tax)
Is this a good, great, or sub par deal? Thanks so much, very much appreciated!
on the 37 i was given an msrp of $39,725. An adjusted cap cost of $36,342, money factor 0.00190. $1,800 due at signing for tag, title, 1st month an dealer fees. what kind of numbers should i be looking for on the 37?
hope im giving the right numbers. im just trying to get an idea in the difference in lease prices for the 2 cars.
Please help. Im going crazy trying to calculate these numbers. Thank you so very much.
I am closing a deal tomorrow morning on the EXACT SAME CAR:
08 G35 with PREM, SPLASH, NET - MSRP = 36230
39 mo 12k/year for 399 down (after a 500 loyalty rebate I qualify for) if you don't, 900 down.
and 399/month incl 8.25 % CA tax and my dealer is giving me free maintenance/oil changes from INFINITI dealers for 2 years (every other one, 7500 miles, covers major ones: 15k and 30k) heck of a deal.....
Here is a link to a photo:
http://i386.photobucket.com/albums/oo304/chaivelevz/IMG_0168.jpg
I believe that this car's money factor is .00120, not the .00012 that you mentioned.
I would like to see how the amount due at lease signing breaks down. I ask because it is not a good idea to make a capitalized cost reduction on leases. Consumers who make one risk losing part or all of it if their vehicle is totaled. Other than that, this is a great deal. If you like the car, I personally don't see any reason not to go for it.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
If you provide me with the MSRP and selling price of the G35 I can work up a payment on it for you as well.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
How did you get all that detailed information? Did you sit down with a salesperson, negotiate the Gross Capitalized Cost, then meet the finance person to get the monthly payment, residual value, etc.? Then say you would think about it? Please let me know how you went about getting such a detailed quote and not signing the deal. Thanks.
I'm hoping you can give me your opinion, as well as hoping it's good news. I should've checked this board before, but can you tell me if the deal I just signed it good or not.
2008 G35x
Platnium Graphite
Black Interior
Wood Trim
Premium Package
Navigation Package
39 months with 15K/year
MSRP= 40,680
All taxes rolled in ($2,594.90 at 7%)
0 down except 1st Payment/Fees= $867 (549 for payment and 318 for fees)
$549/month
Plus, they are giving me $300 to cover the remaining 2-weeks of my current leased car
This seems like a really good deal for me and I'm happy with it, but just hoping I really did get a good deal. Please let me know what you think. Thanks!
I just got done negotiating with a dealer on an '08 G37s 6mt with premium, nav, kick plates, trunk mat and cargo net.
MSRP: $43,610
Negotiated price: $39,466
Residual and MF: 61% and .0019
39 month lease with 12,000 miles/year
They want $1,500 in inceptions (which includes the first month), and the monthly payment will be $533.93 (including 7% tax).
First off, the obligatory, does this look like a good deal? Second, its my understanding that the $1,500 in inceptions doesn't affect the adjusted cap cost at all. They have a bank fee and a doc fee of $595 and $695 respectively, which I thought the $1,500 drive off applied to, but then there is also the first months payment. When all was said and done, they quoted my net cap cost at $41,050.07, and my adjusted cap at $40,474.95. That doesn't look right to me, and when I try to calculate this using those numbers, my monthly payment comes out lower than what was quoted. Would be much appreciated if someone could give these numbers a once over and make sure everything's in line.
MSRP = 38,965
INVOICE = 35,699
TMV=33,945
Can someone help me with these?
Residual Value
MF
Is it better to pay the taxes and fees up front or have them rolled into the payments? Is that even an option?
Can someone help me with the monthly payment? What area should I be in?
Actually everything was done via phone. When I got to the dealership they ran my credit (Tier 1) and then I signed the papers. I knew what prices I wanted to be around so when I called them on the phone I actually asked for a certain monthly payment and they worked the numbers around that payment. Let me know if i helped.
in reading your last post, it sounded as if you shopped by payment. however, if i'm not mistaken, i'm pretty sure you had your exact figures lined up pre-purchase so this isn't the case. i would just hate to mislead anyone on the board here as it's NEVER EVER a good idea to purchase a car or more importantly "negotiate" the purchase of a car using payments as the deciding factor.
JMHO
(just my honest opinion)
what I meant by payment shopping is that I calculated the payment that should be with a lease calculator
Lease Guide
and with that information I knew what I wanted.
Using these numbers, an MSRP of $38,965, and a selling price of $35,199 ($500 under invoice shouldn't be too difficult to get if you are in an area that as a decent level of competition, given the $1,000 bonus cash), I estimate that this car should have a zero down, pre-tax monthly payment of around $437. The payment for an otherwise identical 39 month lease would be around $430.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
New to this forum and to leases. I am looking to lease a new G35x or 7 sedan, and I am not sure if I should go for an 08 or 09. My hope is to get one with premium and nav with wood. What can I expect to pay on a 3 yr lease with 12k miles a year. I live in MA and there is a lot of 08's and no sign of 09's so I am not sure to try and get a good deal on an 08 or wait. Any advice would be appreciated and sorry if I have not provided enough info to answer the questions. Anyone in MA who knows of a good dealer or deal they got on 08 would be helpful too. I am a complete novice and don't want to be taken advantage of.
Much appreciated,
I've received the following info for a 2008 G37 6MT w/ premium and navigation:
MSRP - $42,415
Quote - $37,995
money factor - .00190
Dealer fee - $595
I tried to do the calculations myself and game up with $469.04 + tax. Is this right?
Also, do you guys think this is a good deal?
Thanks in advance for your help!
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
Looking for the MF and residuals for 10kmiles/year for 36 months on the 2008 G37 journey coupe. Thanks!
First e-mail response from the dealer on a 2008 G35X with premium:
MSRP 38080
sale price-33800
money factor 1.29
residual-54%
tax,fees,etc.,and 1st mo - 2500
monthly-411.11
Seems ok. Anyplace where you can see a place for improvement?
Thanks
39 mo
1K per month
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
Can you guys give me a ballpark estimate of what I should try and get my monthly payments to for this configuration while paying no money down save for first months payment and title/license? Also, if you have any insight as to dealerships in Texas that are making great lease deals, please do tell. I live in Houston but I'm willing to drive to Austin, San Antonio, Dallas, etc. Thanks!
35440 + financing = 36,240 total
35,440 + .9% financing x 60 months = 36,240
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
That's good, so let's take a look at the selling price. A 2008 Infiniti G35 Sedan AWD with the Premium Package has a spread of around $3,100 between its full MSRP and its dealer invoice price. Add to this the $1,000 bonus cash incentive that Infiniti is providing on this model right now and there is a total of around $4,100 to play with. The $4,280 discount that you were quoted is probably very close to dealer invoice, which is an excellent deal.
If you like the car, I personally don't see any reason not to pull the trigger on this deal.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The interest rate that you were quoted for a 36 month lease of a 2008 Infiniti G35 Sedan Journey is right in line with Infiniti Financial Services' current .00062 buy rate for it (to convert money factors into approximate interest rates, multiply them by 2400).
Let's work up a sample lease payment on the car that you are interested in and see what we come up with. According to my calculations, if you were to lease a 2008 Infiniti G35 Sedan Journey that has an MSRP of $39,815 and a selling price of $35,821 ($500 over invoice minus the $500 bonus cash) through Infiniti Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $455.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Wow. I have not been able to get the local dealers anywhere close to $35,821 selling price for a lease. Best I've been quoted is $37,900. Best monthly payments I've been able to get to with no money down (save the first months payment and license fees) was $520.34/mo.!! That's a $65/mo. difference! And that was on a 42 month lease with 51% residual and 1.49% rate. There are a lot of G35's on the Houston lots but none of the salesman seem interested in closing a deal with me.
What redsidual % and MF did you use on the 36mo. lease? Thanks!
I must be missing something, but don't know what. Any help appreciateed!
2005 G35 Sedan2007 G35 Sedan
2008 G37 Sedan
2010 G37 Coupe
2012 G37 Sedan
2014 Q50 RWD
2017 Q60 3.0t RWD
2018 QX60 RWD
Also, I am attempting to lease with zero down save for the first months's payment. I suppose I need to add the bank fee of $595 to the cap cost when calculating. I am trying to reconcile to your $455/mo payments and can't come close.
Thanks again for your help.
I've been following this forum for the last two years, since the '07 G35 was first announced. The lease on my current vehicle ends in February, and I am planning to visit the local Infiniti dealership before the end of this month in order to negotiate a deal on a special-order '09 G37S Sedan 6MT. None of the dealers in the Northeast stock manuals (or even RWD Journey's, for that matter), and after waiting for so long I intend to order the car exactly the way I want.
While I'm very comfortable negotiating the actual price and lease of the G (thanks to this forum), I've never ordered a car before, and I don't fully understand how the delay between ordering and delivery affects the deal. Specifically,
-My understanding is that the lease payment itself will be dependent on the lease rates at the time of delivery. However, how about current incentives? Since I'm making the deal this month and will put a deposit on the car, does the current $1000 dealer cash factor into the negotiation? Or will I need to re-negotiate the final price based on the current incentives in February or March when the car arrives?
-I intend to order a G37S 6MT + Prem + Guards, MSRP $37,715. I plan to offer $35,000, or about $250 over invoice. Considering that this is a car that will be delivered and funded as soon as it arrives, and which the dealer will receive a 2% floorplan allowance for even though it won't be part of his inventory, this seems to me to be a fair price for a special order. Any thoughts?
Thanks for your help, I'll post the details of my deal as soon as It's done.
08 G35x with premium and nav package
10k/36 month
About $1100 due at signing (bank, 1st month, doc, plates fee)
$450 a month inclduing taxes
Can I do better?
Also, do you think that there would be any good lease bargains on 2008 G37x leftovers? The only thing I am concerned about is that I am guessing that there isn't a huge stock of 2008 G37x's left (I am in NY/NJ).