Hey guy's,
I need a rough estimate on what my mnthly pymnt will be to lease an '03 coupe with leather, navi, auto. I mite try to find one with maybe 10K-20K miles. I plan on putting $2500 down + any fees. Looking for 15,000 per yr for a 36 mnth lease.

Thanks.

 

townhall.edmunds.com
Find the board called "Lease Questions - Ask Here" in the Finance, Warranty & Insurance section. The host of that forum, "CarMan", is very knowledgeable on lease info. It may take a day or two for him to respond to questions.. he gets slammed with them daily.

2003.5 G35 Sedan Desert Platinum/Graphite Premium/Sport/Aero/Nav/Winter

 

Just go to leasecompare.com. After you input basic information they will give you quotes from several different companies. I found when I negotiated my deal that they are fair estimates. I pay $565 for a fully loaded 6mt coupe. It has everything that it can have in it. My out the door cash was $2000. 15,000 miles 39 months.

 

Dips,

Couple of words of caution. There is no benefit in leasing a used car over a new one, in actual fact you might see a slightly higher payment on a used one because it will depreciate faster. Secondly, and this is just my opinion ( I 've been leasing cars for some time), I would not put any money down on a lease, every thousasnd you put down saves you about 25-28 dollars per month in payment. If you swallow the extra cost ( which in your case will be about 60 -70 dollars a month) I would do that rather than laying out several thousand dollars up front. Up too you mate, but what you could do is call up your local dealer and have them give you a price? Just a thought.

 

Thanks for the pointers.
I had one more question, I am not going to keep the car once the lease is over. So my main goal is to keep the mnthly pymnts low (about $375). Since I will not buy it, does the residual # matter?

 

Residual value is the key factor in lease pricing. With a lease you only pay depriacation of the car's value over the term of the lease. The higher the residual value at the end of the lease the lower the monthly payments for the term of the lease. As an avarage I think that the G35 will have about a 52% residual value for a 36 month lease. So take the price of the car, divide it by two and that will give you a rough estimate of the monthly cost (you have too figure in sales tax and money factors). Your best bet is too call you dealer and have them give you a quote, but in all honesty I can't see you getting a payment of $375 on a 35K+ car.
Good luck.

 

Leasing a '03 car or a used car probably doesn't make sense. You will get a better lease deal on a new one as the residual on a new '04 will be higher which translates into a lower payment (assuming other lease factors are OK).
If you don't plan to keep the car you should not put any $ upfront on the lease. Just go for the lowest monthly payment relative to the terms and the mileage you think you will be driving. If you do plan to keep the car, leasing is usually not the right choice. Just buy it now. In the case of a purchase, an '03 should save you money.

 

I'm taking a guess that your lease with zero down would be around $600.00 per month for the full loaded model. I dont think it makes any sense to put $2,500.00 down because it won't make much of difference. Save it for maintenence or something...
Vin

 

i pay 483 a month with navi, leather. auto. premium. sticker was 37415, got 1750 off MSRP

00 Nogaro S4 (326 HP)
Soon to be black G35

 

if you can afford it, have a stable job or source of income, etc..., put as little down as possible and pay a high monthly payment. no sense in putting a lot of cash down then returning it.

 

Just picked up my Coupe today. Lease was $1,318 down $468 a month 36 month 12K miles. Residuals are running 60% with 12K miles and 58% with 15K.
As the gentleman said in an earlier post residual and money factor is the key to getting a good payment. Always put as little down as possible.