Buying, Selling & Leasing Discussion Interested in getting a G35? Ask your questions here! (No Classified Posts)

Lease questions...

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old May 22, 2008 | 04:00 PM
  #1  
psumike's Avatar
Thread Starter
|
Registered User
Joined: May 2008
Posts: 7
Likes: 0
From: New Freedom, PA
Lease questions...

Great forum - just joined as I'm looking into leasing a new G35 sedan. Anyway, stopped by the dealer today for a test drive and to talk a few numbers, and I think they may be trying to pull one over (go figure). I've read all the information on leasing, and how to calculate monthly payments, but the dealer and I are coming to different conclusions.

I'm looking at the G35x w/ Sport, Nav & Prem packages. He's given me a cap cost of $37,800 (I know I can probably get this down a bit). My lease terms are as follows: 39mth/15k yr lease. The MF he provided was .00220 with a 59% RV ($23,998). The dealer is calculating this out to a payment in the $550's, while I came up with $489.84 before tax, $519 after. Is there any reason other then them trying to screw me why we should be so far off here? Also, how does the deal look in general? Could I get this cap cost down even further?

Thanks for the input.
 
Reply
Old May 22, 2008 | 05:25 PM
  #2  
mIKE's Avatar
Registered User
iTrader: (4)
Joined: Dec 2007
Posts: 6,408
Likes: 7
From: Orange County, CA
If you live in so-cal, give me a PM.
 
Reply
Old May 22, 2008 | 07:45 PM
  #3  
ICANHASFRANKIE's Avatar
Registered User
iTrader: (1)
Joined: Feb 2008
Posts: 1,208
Likes: 0
From: Near your cat
Well, It is possible that cap cost dose not include the acquisition, tag, title, and other paper work fees.
 
Reply
Old May 22, 2008 | 09:20 PM
  #4  
psumike's Avatar
Thread Starter
|
Registered User
Joined: May 2008
Posts: 7
Likes: 0
From: New Freedom, PA
Originally Posted by ICANHASFRANKIE
Well, It is possible that cap cost dose not include the acquisition, tag, title, and other paper work fees.
I think you might be right. If I can get the dealer to include those misc. fees in that cap cost he quoted, would that be a decent deal for that vehicle?
 
Reply
Old May 22, 2008 | 11:52 PM
  #5  
ICANHASFRANKIE's Avatar
Registered User
iTrader: (1)
Joined: Feb 2008
Posts: 1,208
Likes: 0
From: Near your cat
Originally Posted by psumike
I think you might be right. If I can get the dealer to include those misc. fees in that cap cost he quoted, would that be a decent deal for that vehicle?
It looks like your price is about 800 over invoice, I havent been keeping up with the "going" price of G as of late, but check out this pricing thread, and decide for yourself if its high or not.



https://g35driver.com/forums/showthr...179859&page=23
 
Reply
Old May 23, 2008 | 02:05 PM
  #6  
mpgxsvcd's Avatar
Registered User
Joined: Jun 2005
Posts: 495
Likes: 0
Wink

Originally Posted by psumike
Great forum - just joined as I'm looking into leasing a new G35 sedan. Anyway, stopped by the dealer today for a test drive and to talk a few numbers, and I think they may be trying to pull one over (go figure). I've read all the information on leasing, and how to calculate monthly payments, but the dealer and I are coming to different conclusions.

I'm looking at the G35x w/ Sport, Nav & Prem packages. He's given me a cap cost of $37,800 (I know I can probably get this down a bit). My lease terms are as follows: 39mth/15k yr lease. The MF he provided was .00220 with a 59% RV ($23,998). The dealer is calculating this out to a payment in the $550's, while I came up with $489.84 before tax, $519 after. Is there any reason other then them trying to screw me why we should be so far off here? Also, how does the deal look in general? Could I get this cap cost down even further?

Thanks for the input.
You need to get less than $500 over invoice including Doc fees. Also your Money Factor should be .0015, the residual should be 59% for 15K 36 months(Not sure on 39 months), and you should not put any money down unless they are refundable security deposits. If they can't do the numbers above then I would just keep going till you find a dealer that will.

I pay $532 per month for 36 months and 12K per year. That is a residual of 60% and a MF of .0015, and no money down at all. I settled on just a little over $600 over invoice but that is because I am impatient. If you shop around you can get the deal listed above.
 
Reply
Old May 23, 2008 | 04:54 PM
  #7  
psumike's Avatar
Thread Starter
|
Registered User
Joined: May 2008
Posts: 7
Likes: 0
From: New Freedom, PA
Thanks for the input guys. After getting some numbers from another dealer, I got it down to $480/mth for 39 @ 15k/yr. w/ $1500 due at signing. Should have the car sometime next week. Looking forward to my first Infiniti after many years of Acura/Honda cars!
 
Reply
Old May 23, 2008 | 07:04 PM
  #8  
ICANHASFRANKIE's Avatar
Registered User
iTrader: (1)
Joined: Feb 2008
Posts: 1,208
Likes: 0
From: Near your cat
Congrats on your purchase! You wont be disappointed.
 
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Rinaldi
G37 V36 Sedan 2009 +
6
Dec 2, 2015 05:29 PM
rpm&my_G35
Canada
5
Sep 18, 2015 08:08 PM
DimQ
New Members Check In
8
Aug 10, 2015 11:38 AM
indys2k
G35 Sedan V35 2003-06
9
Apr 7, 2003 06:18 PM
GetGo
NorthEast
2
Feb 19, 2003 10:03 PM



You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -4. The time now is 12:05 PM.