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Infiniti M37 M56 Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi rls18. The selling price of $500 over invoice looks great.

    The residual value that you were quoted for this car is correct, but its buy rate lease money factor for top tier customers is only .00001. Make sure that the dealer uses this factor to calculate your payment.

    Car_man
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  • sewellgsmsewellgsm Member Posts: 775
    Not on M...just G sedan..sorry for delay.
  • pureautomobilepureautomobile Member Posts: 47
    Hello Car_Man, thanks for the lease info on M37 and I e-shopped around for about 1/2 mth before deciding on leasing one this past weekend. The dealer that was willing to negotiate through all the emails and gave me the best deal won my money. Details: 2012 M37, Premium Pkg, Deluxe Touring Pkg, 18" Wheel Pkg, and carpeted floor/trunk mats/nets/first aid kit. Lease 24 mth, 10K mi/yr, MF 0.00001, residual 61%, MSRP $56,596, net cap $48.431, total drive off (including 1st mth) $727, mthly pymt incl tax $631. I capitalized all fees (documentation, license, bank fee $700). I was able to take advantage of the $1000 loyalty, $2,750 lease cash, and the Edmunds $2,000 Visa Cash Card. Thanks again for all the info.
  • mojo32mojo32 Member Posts: 3
    2012 m37x with premium pkge and tech. Msrp 57975
    Drive off-2987 on 39 month lease this covers all fees Inc tax
    30k miles yearly, 97500 over 39 months
    650 month
    Thanks
  • bimmerttbimmertt Member Posts: 2
    Hello Car Man, would you post the MF and Residuals for 2012 M37 for the following Terms?
    24 mth, 10k mi per year
    27 mth, 10k mi per year
    36 mth, 10k mi per year
    39 mth, 10k mi per year
    Does infiniti add 1% for 12k and 2% for 15k over 10k mi per year?
    Thanks in advance.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    You're very welcome pureautomobile. Congratulations on getting your new M. Enjoy :shades: !

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Greetings bimmertt. Infiniti Financial Services' September buy rate lease money factor and residual value for a 24-month lease of a 2013 M37 with 10,000 miles per year are .00001 and 59%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00059 and 52%.

    The numbers for an otherwise identical 39-month lease are .00064 and 51%.

    You are correct about the low-mileage adders for IFS.

    Car_man
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  • bimmerttbimmertt Member Posts: 2
    Thanks Car Man, would you post the 2012 M37 instead of 2013? I am looking at 2012's because of the incentives.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Sure bimmertt. You know what, those actually were for the 2012 model. My bad. Here they are again.

    Infiniti Financial Services' September buy rate lease money factor and residual value for a 24-month lease of a 2012 M37 with 10,000 miles per year are .00001 and 59%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00059 and 52%.

    The numbers for an otherwise identical 39-month lease are .00064 and 51%.

    Car_man
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  • snap9020snap9020 Member Posts: 3
    I am getting conflicting numbers for the 2012 M37 lease...please clarify. The dealer in SoCal is quoting me a higher money factor for the 36 month lease vs a 24 month lease.

    12000 Mile 24 and 36 Month lease residual and money factor.
    15000 Mile 24 and 36 Month lease residual and money factor.

    Thanks again...
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hey snap9020.

    IFS' September buy rate lease money factor and residual value for a 24-month lease of a 2012 M37 with 15,000 miles per year are .00001 and 57%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00059 and 50%.

    If you were to lease with only 12,000 miles per year, this car's residual values would be 1% higher.

    Car_man
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  • psunowpsunow Member Posts: 19
    I've been reading through the postings and I see a lot various rebates being offered on the 2012 models. I'm looking to trade in my M 35 for a new M 56 X. I believe the MSRP is just over $70,275. I'm looking to understand what is the absolute best price I should be able to get for this car. I'm also curious how to sign up for the $2000 Visa Cash Card with Purchase or Lease of 2012 Infiniti M. Thanks for any input. I'm not sure if I will buy or lease (I understand there is a $5000 for purchase and $2500 for lease rebate).
  • psunowpsunow Member Posts: 19
    edited September 2012
    Just a quick follow up....I was able to purchase a new 2012 M 57 for $52,800 (Mablec Black with Graphite interior). In addition, I did find the banner and signed up for the $2,000 Visa card so hopefully I will see that in the next couple of months.
  • sunada777sunada777 Member Posts: 4
    Hello, Car Man,

    First time posting here! And I thank you very much for all your postings. I have educated a lot from this forum. That said, I am looking to lease a new 2012 or 2013 M37 in the next few days, and am wondering about the incentives that is available for October. I know what was available for September which will expire today, but can't find anything for the month of October. Do you have them yet? or Do I have to wait for few days for them to release those incentives? Thanks.
  • mechradmechrad Member Posts: 22
    Anybody receive this yet?
  • snap9020snap9020 Member Posts: 3
    Any changes for October in the MF and residuals or the 2012 M37?

    Thanks
  • sunada777sunada777 Member Posts: 4
    Hello,

    Would it be possible to know the October money factor and residuals for M37 for both 2012 and 2013 models on the following terms?

    24mo/12k
    36mo/12k
    39mo/12k

    Thanks in advance,
  • jtduff11jtduff11 Member Posts: 5
    Hi Car Man - thank you for all of the insight you provide via this forum. I am hoping to get some October information on both the 2012 and 2013 m37x (36 or 39 month lease w 12,000 miles/yr). Would greatly appreciate information on residuals, money factors and any incentives that are out there for October. Thank you!
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi sunada777. I'm glad that you enjoy this discussion. Infiniti is currently providing a $1,000 cash incentive on the 2013 M37 and $3,750 on the 2012 model.

    Do you need to know what these cars' lease money factors and residual values are as well? How long do you want to lease for and what mileage allowance do you need?

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi snap9020. Infiniti Financial Services' October buy rate lease money factor and residual value for a 36-month lease of a 2012 M37 with 15,000 miles per year are .00059 and 50%, respectively for consumers who qualify for its top credit tier.

    There is a cash incentive of $3,750 on leases of this car right now.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi sunada777. Infiniti Financial Services' October buy rate lease money factor and residual value for a 24-month lease of a 2013 M37 with 12,000 miles per year are .00001 and 63%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00037 and 54%.

    The numbers for an otherwise identical 39-month lease are .00043 and 53%.

    The numbers for the 2012 version of this car are .00001 / 58%, .00059 / 51% and .00064 / 50%.

    There is a $1,000 cash incentive on leases of the '13 and $3,750 on leases of the '12 right now.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    You're very welcome jtduff11. Here's the information that you need.

    IFS' October buy rate lease money factor and residual value for a 36-month lease of a 2013 M37X with 12,000 miles per year are .00032 and 54%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 39-month lease are .00039 and 53%.

    The numbers for an otherwise identical lease of a 2012 model are .00070 / 52% and .00075 / 51%.

    There is a $1,000 cash incentive on leases of the 2013 and $3,750 on leases of the 2012 model.

    Car_man
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  • alvaro319alvaro319 Member Posts: 53
    Hi Car Man, can you tell me what the money factor and residual value is on a 2013 M37 for a 36 month, 15K/year lease? Is the cash incentive $1000 for a 2013? Thanks!
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Here's the information that you're looking for alvaro319. Infiniti Financial Services' October 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.

    Yes, the cash incentive on leases of this car is indeed $1,000.

    Car_man
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  • kki000kki000 Member Posts: 17
    Left a deposit, about to pick this up, please advise if this is ok.

    2012 m37x premium, mats and first aid kit
    msrp 54395
    sale price 45399 including all incentives
    mf .00075
    53% residual for 10k year 39 months

    500 + taxes, no doc fees cap cost reduction etc.
    551 /month inclusive of taxes

    Havent had a chance to run everything, but would appreciate everyone's advice.
    I think the mf might be marked up.. but the sale price seemed good to me?
  • alvaro319alvaro319 Member Posts: 53
    edited October 2012
    Thanks Car_man. I am new at leasing and I have a whole spread sheet that figures out how much my monthly payment would be given the MSRP, money factor and residual value for a given lease. I would like to lease a 2013 M37 with the premium package, black grille, illuminated kick plates, 20" wheel package, and the carpeted trunk-first aid kit-cargo net.

    Therefore, based on a 2013 M37 with 15k/year 36 month lease, with a $1000 incentive and a money factor of 0.00037 and Residual value of 53% with the options included above, the MSRP, according to edmunds would be $55,905.

    With the $1000 incentive plus $3999 as a lease down payment as required, my monthly payment with taxes(7%) would come out to roughly $664/month.

    Down payment would include $3999 + $700 acquisition fee + first month's payment + Title fees + Registration fee.

    If my math is wrong please tell me so.....

    My question is, when buying, the buyer wants to negotiate the price of the vehicle as close as possible to the invoice price. Is there a similar tactic when leasing?

    Can the final price of the vehicle be negotiated when leasing? Thanks.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    You seem to be on the right track, alvaro319. The selling price absolutely should be negotiated on a leased vehicle, just as if you were paying cash for or financing it. If I was in the market for an M37 right now, I personally would shoot for a selling price of $500 to $1,000 over the dealer invoice price that is listed here at Edmunds.com minus the $1,000 cash incentive that Infiniti is providing on leases of this model right now.

    Car_man
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  • alvaro319alvaro319 Member Posts: 53
    Thanks again Car_man! Ok so I plugged in the the True Market Value that Edmunds suggests for the options that i want for the 2013 M37 and it comes out to about $51,800. Plugging in this number based on the values I gave in my last reply, my monthly payment with taxes(7%) should be around $604/month. Does that seem right?

    I appreciate your help!!!!!
  • ryegoldryegold Member Posts: 4
    Hi. I just looked at at the m37x 2013 with technology and premium package and 20 k miles. The salesman told me 59k and with no money down I just pay plate fees and first month up front he wanted 729 per month. I told him I would consider 650 per month. Did I offer him an acceptable offer? Thanks
  • psunowpsunow Member Posts: 19
    I got mine today.
  • jsf721jsf721 Member Posts: 20
    Can you please tell me what the correct residual and Money Factor is on this deal. Also can you tell me the correct monthly payment. I am in NY and sales tax is 8.625%

    Please use top tier credit for the MF.

    Is there a place I can get this information on Money Factor and Residual myself?

    Thanks in advance.

    M37X Sport lease Premium/Tech/deluxe touring
    18K per year
    MSRP 64,660.00
    Cap Cost 57831.08
    Bank Fee 700.00
    1,000 loyalty credit
    39 month term

    Sign and drive, nothing down except 1st payment.
  • jsf721jsf721 Member Posts: 20
    As far as incentives on the M37X Sport. I am a returning M leasee and i see there is a 1,000 incentive and a 2,000 incentive. Can they stack and if not do I qualify (I am leasing) fo the 2K.
  • sewellgsmsewellgsm Member Posts: 775
    Dealer Cash: $2000 (purchase only)
    IFS Cash: $1000 (purchase only, must finance with IFS)
    Lease Cash: $1000 (lease only)
    Loyalty Rebate: $1000 (lease only)
  • mizcolonmizcolon Member Posts: 30
    Looking at a 2013 M37 with premium 39 mth lease 12k, what are the current residual and money factor on them right now, along with any inentive cash?

    Thanks
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi mizcolon. Infiniti Financial Services' December buy rate lease money factor and residual value for a 39-month lease of a 2013 M37 Sedan with 12,000 miles per year are .00043 and 53% for consumers who qualify for its top credit tier.

    In terms of cash incentives, there is $1,000 on leases of this car for all consumers and another $1,000 for loyal customers.

    Car_man
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  • suzygsuzyg Member Posts: 3
    Hi Car Man,
    I am planning to lease a 2013 M37 with premium pkg and touring pkg MSRP $57,195.00. I was wondering what the MF and Residual value for a 39 month lease with 15,000 miles. Also what you think a fair price is for this car? With the tax credits and other cash incentives, what would you consider a good deal? Thanks so much!
  • suzygsuzyg Member Posts: 3
    Would you also give me the numbers on a 36 month lease? Thanks!!
  • sewellgsmsewellgsm Member Posts: 775
    36 months/15k = 53%
    39 months/15k = 52%

    You can refer to www.infinitiusa.com to see lease specials...now keep in mind those ads are 10k year so your payment will be about $45 more...also note the MSRP of the ad...if the car you want is more figure about $20 for every $1000.
  • sewellgsmsewellgsm Member Posts: 775
    If you want to lease an M and you live in Texas, Infiniti will pick up the sales tax for you starting tomorrow! This will last till 1/2/2013. So, go shopping! :)
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi suzyg. Infiniti Financial Services' December 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 .00043 and 52% for consumers who qualify for its top credit tier.

    There is a $1,000 cash incentive on leases of this car right now. If I was in the market for one in an area that has a decent level of competition, I personally would shoot for a selling price of $500 to $1,000 over invoice, preferably towards the lower end, minus that cash incentive.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Suzyg, the 36-month, 12k numbers are .00037 and 54%.

    Car_man
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  • ryegoldryegold Member Posts: 4
    I got a m37x with tech and premium packages and 23k per year miles on a 39 month lease for 679 per month. Zero down last month after the hurricane thought I did well. I love the car. It's intelligent and drives great
  • mil6753mil6753 Member Posts: 71
    There is a current incentive of $2000 good thru 1/31/13 which states: "Dealer Cash is available towards leasing or retail purchases. May not be combined with special financing through Infiniti Financial Services. May be combined with non-IFS leasing. Dealers in the state of Illinois must retail or lease five total vehicles during the program period to qualify for this incentive."
    Is this $2,000 available for use when leasing through IFS at the published money factor?

    There is a separate lease incentive of $1,000 for leasing that says "IFS Lease Dealer Cash is available towards leasing. Must finance through Infiniti Financial Services. Dealers in the state of Illinois must lease five total vehicles during the program period to qualify for this incentive."

    Can you only use one of the two or combine both when leasing?

    Looking at M37X, 12K/year, 36 month so residual is 55% and MF is .00032.
    Dealer is currently at about 4% off MSRP; is 6% realistic? And then bring up the $2000 marketing support cash?
  • mil6753mil6753 Member Posts: 71
    Do you know the particulars you got - MF, residual, cash incentives, and how was the $700 Infiniti Financial acquisition fee handled?
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi mil6753. Only the $1,000 is available on special leases through IFS. If I was in the market for this car right now, I personally would shoot for a selling price of $500 or so over invoice minus the $1,000 cash incentive and see what happens.

    Car_man
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  • ryegoldryegold Member Posts: 4
    i dont remember
    i just know that I put down the first month and additional ?? 500?? not much
    and i'm paying 679 with 23k per year and two packages
    the car is still great
    got in at pepe motors in westchester, the largest infinity dealershop in the US
  • fpinhofpinho Member Posts: 58
    Hi Carman,

    Could you provide the MF and Residual for a 2013 M37X with 10K miles a year and a term of 24/36/39 months. Thanks ....
  • alvaro319alvaro319 Member Posts: 53
    Car_man,

    I am new to leasing and I wanted to know, besides negotiating the total price of the car to $500 to $1000 over invoice, what else is negotiable? The Money factor?

    Last I checked with you a 36 month, 15k Miles/year lease for a 2013 M37 had a money factor of 0.00037 and a Residual of 53%. Does that still hold as true?
  • romil01romil01 Member Posts: 75
    Money factors are not negotiable, however some dealers increase the MF in order to generate more profit for themselves. Make sure you know what the MF is from the manufacturer before you go to the dealer so that you know whether they are marking it up. If that's the case, call them out on it and if they won't go back to the actual MF, go to a different dealer.

    MF and residual generally change every month, so you have to check at the beginning of each month to get accurate values for both, along with any incentives for the month.
  • alvaro319alvaro319 Member Posts: 53
    Thank you, very informative. I'm trying to get as informed as possible before negotiating the lease. Helpful to know when their full of it as opposed to being honest.

    Is the money factor still 0.00037 and the residual 53% for a 2013 M37 lease for 36 months/15,000 miles per year?
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