My 2005 G35 Coupe is coming off lease this October of 2009. I have read over the years of many people renegotiating their end of lease terms to buy out the vehicle they were leaseing for a better price than what was listed on the original lease paperwork.

In my case, the economy is in the $hitter, IFS will win if I buy the car b/c otherwise it will just go to auction for much less (Please correct me if I am wrong about this), and I would win b/c I would be keeping my car and only paying FMV for it rather than a fixed price they came up with 39 months ago.

I have called IFS 3x's over the last 3 months...each time I get a person who barely speaks English and who very unsympathetically reads from the IFS handbook that they cannot renegotiate the lease terms and the purchase price is fixed.

Each time I ask for a manager I unwillingfully get transferred to someone who barely speaks better English, but who says the exact same company line...

Please help...

 

Ttt

 

IFS called my friend several times to negotiate when his FX lease ran out last year. Try asking to speak with someone in the US (I do this with banks and credit cards and get much better service). The other option is to try negotiating with the dealer...I believe IFS buy outs need to handled by a dealer anyway.

I doubt you'll be able to get their attention now given that you have 6 months left, but I'm sure they'll be willing to talk in Sept.

 

Most appreciated. If anyone else has any info please send along. Thanks again.

 

Just a follow up.

I have gotten several calls...and it's the same thing every time. WE DON'T NEGOTIATE at all. The one exception I am being told consistantly is a few years back they gave M owners a big discount/incentive. That's it. So if anyone else knows something please chime in. My lease is up at the end of next month I believe and they already did the inspection...to which I got hit with $802 of modification fines...despite the fact that all the same stuff was on my 03.5 G35 Sedan and they did not say a word about it then...I guess they insure themselves against a downturn in economy/residual and they actually don't care at all if the car goes to auction at a massive loss compared to negotiating with me. Dirty little secret I just found out.

Anyway, any help/tips would be great.

 

That sucks. Just curious, what were the modification fines for? Will they be waived if you bring the car back to stock?

 

lol, all the stuff in my Sig. Like $800+ in fines...and they didn't see 1/2 of it. ;-)

Yes, it will be reduced to NADA if I put it back to stock...which I would if I were giving it back...b/c they would not be getting $hit from me. ;-)

 

ok, then the fines don't surprise me Although going back to stock would be a massive pain.
My lease is coming up on Jan 1st and I'm really hoping that they'll budge just a little on the price...although based on the recent feedback I've gotten (including your's) there is no negotiation. Did they at least offer you a decent interest rate on a buyout loan?

 

It would be a PITA, but necessary if I find something else. I will let mine run to the wire and see what's what. Looking into a Pontiac G8 GXP...same motor as in my Sierra Denali and a lot more room...more money, but if I spend more in this economy it won't be w/IFS or NMF. They have not offered me anything yet at all...