I agree. Like I said earlier, I waiting and hoping that tomorrow I get a happy phone call because if I do I will be going Tuesday to pick up my future beauty!

 

Please come back and keep us posted! Ive sent you a pm as well

 

For any following this thread just wanted to post back that its a legit deal, but an open ended lease. thats a big but and will rule it out for most, if not all.

 

Some additional clarification:

An open ended lease means that you are responsible for the depreciation of the car at the END of the lease.

If you paid 10k over the payments, and the car depreciated 15k, you now owe 5k. In one lump sum.

 

They always find a way to get you. I wonder if they would have informed and described exactly what that means to an unsuspecting buyer.

I bet not.

 

That's a big nut on the backend. If it looks too good to be true.........

 

That is one of those deals where they ask you “If you would like Fries with your @$$ whooping?”. Stay away, Far, Far, away from that deal!

The other question is how do they determine what the vehicle is worth at the end of the lease? Is it the trade in value in excellent condition(NOT!) or the wholesale value that they come up with! My guess is that it is the wholesale value and I bet it is about 8-10% less than what you would expect.

Here is an example of how a G35 depreciates over its life! This is the KBB value of my 05 G35 Sedan with Premium, Sport, and Aero packages. Note: that the residual on my 39 month lease is $ 21,411.10 in August of this year. I still have 6 months left on the lease and it is worth WAAAAYY less than the residual already! In August I will be able to hand Infiniti their car back and say “Would you like Fries with your @$$ whopping?”.

Trade in 11-01-06 13K miles
Condition
Excellent $26,325
Good $24,965
Fair $22,450

11-10-06
Excellent $25,125
Good $23,790
Fair $21,420

11-19-06 13,400 Miles
Excellent $24,925
Good $23,565
Fair $21,250

Trade in 12-21-06 14.5K miles
Excellent $24,325
Good $23,015
Fair $20,700

Trade in 1-02-07 and 1-22-07 14.8K and 15.2K miles
Excellent $23,750
Good $22,490
Fair $20,225

Trade in 2-06-07 15.5K miles
Excellent $23,650
Good $22,390
Fair $20,125

Trade in 3-01-07 16.0K miles
Excellent $22,900
Good $21,690
Fair $19,525

Trade in 3-20-07 16.3K miles
Excellent $23,600
Good $22,340
Fair $20,125

Trade in 3-20-07 16.5K miles
Excellent $23,100
Good $21,865
Fair $19,695

Trade in 4-12-07 17.3Kmiles
Excellent $23,600
Good $22,340
Fair $20,125

Trade in 5-08-07 18.0Kmiles
Excellent $23,025
Good $21,765
Fair $19,600

Trade in 5-31-07 18.3Kmiles
Excellent $22,125
Good $20,915
Fair $18,850

Trade in 6-12-07 18.6Kmiles
Excellent $22,525
Good $21,315
Fair $19,150

Trade in 7-12-07 19.5Kmiles
Excellent $23,550
Good $22,290
Fair $20,025

Trade in 7-31-07 20.8Kmiles
Excellent $22,650
Good $21,445
Fair $19,300

Trade in 7-31-07 21 Kmiles
Excellent $22,575
Good $21,340
Fair $19,225

Trade in 10-10-07 21 Kmiles
Excellent $22,850
Good $21,590
Fair $19,435

Trade in 12-18-07 24.6 Kmiles
Excellent $21,725
Good $20,570
Fair $18,460

Trade in 1-16-08 25.5 Kmiles
Excellent $20,375
Good $19,270
Fair $17,310

Trade in 1-29-08 25.9 Kmiles
Excellent $20,175
Good $19,070
Fair $17,110

Trade in 2-29-08 27.0 Kmiles
Excellent $19,200
Good $18,145
Fair $16,285