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Car_man
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Is anyone else seeing prices below invoice on the coupe?
Total payment at inception: $4000, is it correct with ny sales tax? Is it too high? Dealer said i can have option to buy at the end of lease, is it right?
2006 Infinite G35 Coupe 6MT - $33800 MSRP
Premium Package - $2850 MSRP
Infinite Navigation - $1800 MSRP
Aero Package - $550 MSRP
Destination Charge - $700 MSRP
Ivory Pearl Color
Total MSRP - $39,700 MSRP
I am able to purchase at invoice which is $36,338
My wife is $10,820.65 upside down on her trade bringing total purchase price to $47,158.65.
She currently pays $580 per month for 72 months for the Mustang lease--trying to save $50 or so per month in whatever new car she gets--with the current Infiniti lease offers--any chance of getting a payment in the $530 per month range for 48 months or less with a purchase price of $47,158.65 and zero down and 12,000 miles per year--any help or advice is greatly appreciated--thank you!
I have never leased a car before but I just got a new job and I want a nice car short term before getting a suv/family type car. My other car is financed and will be paid off next year. That's why I wanted 12 month. I would have one year overlap. Do all Infiniti dealers have 12 month?
I'm thinking $3000 down and $415 is reasonable. Anyone care to comment? Any help is appreciated.
I think you got a good deal considering you got the navigation package but like you said, I didn't see anyone comment either way.
I'll be in there most likely this week and I'll mention those numbers and see what happens. My friend got his at another dealer and he's calling tomorrow to see what they can do.
The money factor may be a little bit high. I thought I saw 0.00236 as the launch money factor for Oct for 36 and 42 months lease. See post 706 in this thread
I am hoping you can give me yr advise on leasing a 2006 G35 coupe AT thru the VPP program. Here is a quote I recently got from 2 Seattle area Infiniti dealers:
Car: 2006 AT G35 coupe
Trim: Premium Pckg, Performance Tires, Trunk Mats
Invoice: 33,744 (v/s MSRP of 37580)
Destination & Handling: 650
VPP Discount: 557
Delivery Fee: 830
VPP Cap Cost: $34667
Down payment: 3500
Bank Fee: 595
Residual (68%): 25,554
Depreciation: 7129
Money Factor: 0.00162 (assumption)
Lease term: 24 mo
Mileage: 15k
Monthly Payments (exld tax): 391
Questions:
1. Is this VPP price a good deal? One of the dealers was not willing to settle below the VPP price despite the 2006 being phased out soon. The other dealer was willing to negotiate below this price but they didnt have the color I was looking for. I was hoping to get more of an upper hand settling for a 2006 given the 2008 will be redesigned.
2. Is the residual on a G35 coupe lease negotiable? Both dealers tell me it is not and its set by the leasing company. I felt it was too low. Your opinion?
3. Is this bank fee negotiable? This looked suspect to me.
4. Out of my cash down, they are subtracting my first monthly (427) as well as the doc fee (35), license fees (225) and tax (235). Why is this tax being levied here? Its already being factored in the $427 monthly payment.
Thanks!
2006 G35 coupe auto
12 month lease
$1,995 down
10k miles/year
$249 base model
$299 premium package
should i take this deal?
I don't have cap cost, money factor and residual value information. If possible, I prefer zero down.
If I have 12 month lease, how much sales tax I need to pay? 100% or only partial of sales tax?
$35,700 MSRP
$33,220 Negotiated Price
24 months
12k miles
$576.16 for first month payment and tire charge ($8)
$568/month (Includes all taxes and fees)
I ran these numbers through the calculator using residual of 69% and money factor of .00225. Sales tax is 7% and with other fees populated by calc, the amount financed comes to $34,256. The numbers in the calculator match the deal (actually it came to $570.80/mo).
A couple questions. I guess I shouldn't include the $576.16 (for first month payment) in the Money Down right? If that was that case, my monthly should be around $540.
I don't need cargo nets. It's this something I could tell them I don't want and get $50 off the price? I know it's a paltry amount but why not?
If I plug your numbers into the old-fashioned equation (TVM of Cap cost less residual + simple interest on residual divided by 12 months, times your tax rate) I get 523/mth including tax.
However if I plug your deal using the lease numbers for November: 24mth 30k Resid-66% MF-.00223 I get your exact payment of $568. But that is for 15K miles per year. So I am not sure, sorry.
This was posted by the Internet Manager for South Bay Infiniti on another board:
2007 Infiniti G35 Sedan and Coupe Lease Rates (27 views) (27 thread views)
Message: 2007 Infiniti G35 Sedan
24 mo/15k mi – Residual Value 68% of MSRP – .00224 Base Money Factor Rate
36 mo/15k mi – Residual Value 56% of MSRP – .00209 Base Money Factor Rate
48 mo/15k mi – Residual Value 44% of MSRP – .00239 Base Money Factor Rate
60 mo/15k mi – Residual Value 36% of MSRP – .00249 Base Money Factor Rate
2007 Infiniti G35 Sport Sedan
24 mo/15k mi – Residual Value 66% of MSRP – .00223 Base Money Factor Rate
36 mo/15k mi – Residual Value 57% of MSRP – .00236 Base Money Factor Rate
48 mo/15k mi – Residual Value 42% of MSRP – .00237 Base Money Factor Rate
60 mo/15k mi – Residual Value 35% of MSRP – .00249 Base Money Factor Rate
2007 Infiniti G35 AWD Sedan
24 mo/15k mi – Residual Value 68% of MSRP – .00225 Base Money Factor Rate
36 mo/15k mi – Residual Value 57% of MSRP – .00231 Base Money Factor Rate
48 mo/15k mi – Residual Value 44% of MSRP – .00239 Base Money Factor Rate
60 mo/15k mi – Residual Value 36% of MSRP – .00249 Base Money Factor Rate
2007 Infiniti G35 Coupe
24 mo/15k mi – Residual Value 67% of MSRP – .00227 Base Money Factor Rate
36 mo/15k mi – Residual Value 56% of MSRP – .00227 Base Money Factor Rate
48 mo/15k mi – Residual Value 47% of MSRP – .00239 Base Money Factor Rate
60 mo/15k mi – Residual Value 38% of MSRP – .00249 Base Money Factor Rate
Add 1% to Residual Value for 12k mi/yr on all terms and 2% for 10k mi/yr on 36+ months.
If you are paying registation and fees directly, your payment should be $523 mth including tax.
2007 Infiniti G35 AWD Sedan
24 mo/15k mi – Residual Value 68% of MSRP – .00225 Base Money Factor Rate
Add 1% to Residual Value for 12k mi/yr on all terms.
So my Residual is 69% and the money factor is .00225. Is this correct? I took the difference between the MSRP and my price and entered that in the cash down to represent my cap cost. I have never leased before and learned everything from this site and board. Let me know if I messed up please.
You can look at it another way. If you are really paying nothing down, your negotiated price is $34,170 including all fees. That is still $1500 off of MSRP, so that is a good deal on a 07 model that is apparently in high demand.
Someone else should chime in and check my math.
He is also telling me that a 36mo/15k lease would be about $40/month more than the 24mo lease - which doesn't make sense to me.
Try yourself the lease calculator link below.
http://www.leaseguide.com/calc.htm
Just signed the G35x '06 with a sunroof, otherwise base. This was a "demo" car with 5000 miles. We came to 379/month for 24 months, 1200 down, 12k mile. These numbers include everything except title and plates.
Thanks...
12k 10k
24 $507 $492
36 $479 $469
39 $457 $447
all plus tax
What do you think?
Anyone find someone to give them a great deal in the socal area?
Thanks for any help you can offer?
Edmunds puts invoice for that at 34,296 and you should be able to get around that number or so for a 2006 model. It obviously all depends on the dealer (and if you take the car by month end), but I would guess somewhere in the range of 435-460 a month with that 3k down would be a bit more reasonable.
Again, that's just a guess and based off of my experience with the base 2006 AWD model.
I've seen you make the point on several occasions that if you are quoted a MF greater than the Buy lease rate from the captive Mfg's finance arm, that means the dealer is benefitting from "hidden" profit on the deal.
How would a higher money factor benefit the dealer? I thought that the Financing company purchases the vehicle from the dealer at the Capitalized Reduction Cost, and the dealer simply gets a check for that amount. I could see the Financing company benefitting from the higher interest rate that you are paying them each month, but how does that fact benefit the dealer?
I'm confused. :confuse:
if the higher rate cause you to overpay the lease by $15 per month over 36 months, the dealer get 15x36 subtract may be some minor adminstrative fees from the manufacturer. This is almost like refinancing a house, the agent can quote you any rate above his/her buy rate and pocket the difference. That is why it paid to get the correct information and shop around..
The last numbers I got from Carman (THANKS CARMAN) were: 12 month lease of a 2006 Infiniti G35 Coupe with 15,000 miles per year --- .00006 and 79%, Residual Value. 24 month lease --- .00166 and 70%.
If I crunch the numbers without adding any fees except sales tax (cap cost of $35,700 and 5% sales tax), I get a total of $528.77. Is this correct? What other fees can I expect OTD?
Thanks for your help.