I havent met you in person so I can only go by from what you have posted, and I can understand to a point that you dont want to put down a specific number on a public fourms, but you also have to understand some ppl might think since you are in sales and will take your quote as literally regardless what credit history they might have or other factors might be involved.

come on now the lease number do change from time to time, and there are also out side source you can go to, to find someone a better lease deal ...I've been on couple of other make's site, BMW, Lexus... some one like yourslef actually post lots information about their finance side, like update of monthly base lease rate and residual amount and ppl who have borught form them, they also posted feed backs of the sale's person...until I see someone do that for you? I will stand my opinion of you till then...nothing personal!

 

Just got a fresh quote back after doing a credit check on me. My score came back at 760, so I guess they found a better deal. Still not happy, but here it is:

'06 6MT Premium Package, Aero Package, Active Steering, NAV MSRP $40,250

36 Months / 15K miles = $642 month zero down(all tax, title and fees rolled in)

 

Sorry. The last post was not correct. I called the dealer back to ask what the monthly would be if I was willing to put $1000 or $2000 down and they told me that the $642 monthly was based on $2500 down. Nice!!!

Bait and switch seems to be very common at Infiniti. I went through the same nonsense leasing my wife's FX. As much as I love this car, I might just give up on the constant fight for it. It just leaves a bad taste in my mouth.

 

Bait and switch are common at every dealership not just limit to Infiniti...depend on you sale's tax, it looks like you get the car at MSRP, if your sale's tax rate is 8% and residual at 57% your M/F would be around 0.00229(5.5%) it is bad deal if you have 760 score...if you lower the M/F by just half of percent to 0.0021? your payment would be at 630 rather than 642 and you can save another 32/mos, if they lower the price by 1k...You are holding all the cards, dont be irritated by them, just keep working on them back

 

that sounds like a competition infiniti deal w/ the 42 month program. you're better off with the 39 month lease and the payment still seems a little high

 

Hey Mayor,
The numbers all seemed to add up for me. I did the calculations on my own out of the dealership. According to edmunds there were no incentives when I put the deal together and the car is going for MSRP in this area. How much better you think I could have done? Getting a 2006 for invoice? I just don't think that is realistic so ~1000 over invoice and 2K under MSRP sounds great for a 2006. What kind of payment you think I can get for a 06 Coupe 6MT with every option? 2995 up front...
According to the Infinti web site this car should be 594 a month with what I put down...
-Evangelo2

 

Not sure what is your sale's tax rate and not knowing excactly what kind of fees are involoed, but for the car with MSRP of 40680, sale price of 38500 and residual of 57% and rate of 0.00219...the payment is 499.68 for 42 mos...couple of things, like you said, the M/F could be lower but the residual of 57% is pretty good.

 

Moved to a new dealer. The guys at this dealership are just rude and foolish. Basically, they said that they have no need to budge on MSRP and, when I asked them why such a high interest rate then, they said it was the best they could offer.

Since my credit was, in fact, 766, I asked what score would I need to get a better rate. To this they told me that anything over 730 didn't make a difference. When I told them that this was simply not a good value for me, the guy litterally went off on me telling me that I clearly didn't know what a good deal actually is. He went on to tell me that I must have only owned American cars in my life (I leased an FX35 at this very same dealership a month ago) and the fact that the car has such a great resale value proves that I don't know what I am doing. When I said the resale value of the 06 has nothing to do with the previous models (a major style change by '09 when the lease is up will certainly effect resale), he went off on a rant and hung up on me. The G35 coupes are a dime a dozen in Scottdale, AZ, so I guess they can act the way they do since so many people are willing to pay what they want.

New dealer is much better: 39 months, $1,000 down, $599 including tax.

 

limeg,

Here is how I calculated it...

Depreciation Fee = ( Net Cap Cost – Residual ) ÷ Term
Finance Fee = ( Net Cap Cost + Residual ) × Money Factor
Total Monthly Payment = Depreciation Fee + Finance Fee


MSRP = 38500
Residual = 21945 (57% of 38500)
Term = 42M
Money Factor = .00219

Depriciation Fee = (38500 - 21945)/42 = 394.1667
Finance Fee = (38500 + 21945) x .00219 = 132.37455
Total Monthly Payment =~ 526.54

State is NY so tax is 8.75%
Down Payment Covers Tax + Sec Dep + Acquisition Fee + DMV Tag Fees
Tax = 1448.56
Sec Dep = 600
Acquisition Fee = 795
Total Without Tags\Fees = 2843.56


Not sure how you get 499.68 for the payment unless my calculation method is off...

-Evangelo2

 

Your residual calc looks off.
38500 is your sale price, i think you said 40680 is your msrp?
Residual should be .57 * msrp of 40680, not your sale price.
23187
364 depreciation per month +
135 rent
499 monthly.

My lease term on my 06 x sedan was , 59% residual, .00210 Mf.
I got invoice on the sedan though, coupes are harder to deal down it seems.

I assume these were based on Dec numbers? The lease terms you quoted are just ok, nothing i would feel the need to jump at. If you can, wait and see what January numbers look like.

 

Not sure what that TAX is that pertaining to? normaly you paid tax on the monthly payment, other sale's tax is the actual cash toward the cap. reductions...so you have 600+795=1395 plus say 300 for DMV's so the fees add up to 1695 and if you pull 2995 out of pocket? the difference is 1300, so you only paid sale's tax on that amount, which is 113.75, and the actual down toward cap is 1186.25, of course it could be different in your state.

 

Actually, he might be right about the credit ratings, but thats if they only go with IFS, to other finance company your credit score do make difference, there are always one or two dearlship just dont give hoot about any customer, you did the right thing...just move to different one, back in 03 when I first shopping for G? I went to all six dealership in my area, you'd be surprise that how different I was being treated form one to the other, eventhought the price are all about same back then, some dealer just take extra care toward the customer.

 

WOW, we acutally argree on something? ...your residual is very very good, not sure if its available everywhere, normally the coupe's residual are bit higher than sedan's.

 

all i know is that doing a pennsylvania, connecticut or new jersey lease is a pain compared to the new york leases.... and some states will charge extra admin fees and so forth on a lease

 

Residuals for '06 coupes are:

60% for 10,000 mi/yr
59% for 12,000 mi/yr
58% for 15,000 mi/yr

Just an FYI in case anyone is interested. These are for at least the bay area of California (not sure if they change geographically).