G35 Coupe V35 2003 - 07 Discussion about the 1st Generation V35 G35 Coupe

Buy Out Option

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Old Feb 11, 2004 | 01:58 AM
  #1  
Mooo's Avatar
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Buy Out Option

Alright, so I REALLY love my G. The big question on my mind is, should I buy the car after my 4 year lease is up? Here are some figures. The final price on the car came out to be 39,500 (Fully loaded 5AT) I put 5k down and currently I'm paying $558.00 a month. The contract says that after 4 years, I would have paid 26k and some change in payments. So that comes out to 31k and change with my down payment. Now...my buy out option is 18.5k. I really really love my car, and plan on keeping a low mileage on it (possibly 30k at end of lease) Being a college student, my budget is pretty tight and will continue to be that way. Now, oh fellow G35 owners..Should I keep the car, considering it runs as good as it does now...or is 18.5k too much?

 
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Old Feb 11, 2004 | 02:56 AM
  #2  
GXXXV's Avatar
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From: San Jose
Re: Buy Out Option

hmmmm....
39,500
- 31,000
= 8500





 
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Old Feb 11, 2004 | 07:28 AM
  #3  
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From: Its not where, its who?
Re: Buy Out Option

Why are you worrying 4 years in advance? You may fall in love with another car or the New G at the time......


04 G35C DG AT
Prem Aero Perf
V1
Blizzaks
R splash Guards

Long Island, New York, USA

 
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Old Feb 11, 2004 | 09:35 AM
  #4  
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From: Allen, TX
Re: Buy Out Option

GXXXV, the $39,500 probably doesn't include TTL and finance charges.

 
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Old Feb 11, 2004 | 10:15 AM
  #5  
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Re: Buy Out Option

Why oh why do people lease?




JD
2003.5 Coupe, Blk/Blk
 
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Old Feb 11, 2004 | 10:28 AM
  #6  
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From: Florida
Re: Buy Out Option

If you do, you would have paid a total of $50,284.00 not including the financing charge on $18,500. Is it worth it compared to a new car? After 4 years, you're out of warranty.

2004 Coupe/DG/Graph/5AT/Premium/CB
 
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Old Feb 11, 2004 | 11:00 AM
  #7  
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Re: Buy Out Option

i leased before.

needed car, didn't have any cash, was offered great deal. followed that lease with another.

i did buy 2 cars after that, a G and a sentra. bought the sentra because i changed jobs and do killer miles.

for pure financial reasons, unless you have a business, leasing doesn't pay, but it is nice getting new cars and never having to worry about anything but changing the oil.

04 6mtC, DG - possibly most babied G on the board.
 
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Old Feb 11, 2004 | 11:00 AM
  #8  
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Re: Buy Out Option

Yep, the total I would end up paying for my car would be something like 49k and change. The thing is, I really wanted a G, but couldnt afford to finance one. This car literally eats up every last penny I make, with school and all. I guess I should probably start saving up spare monies for my next car's down payment.

 
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Old Feb 11, 2004 | 12:51 PM
  #9  
topher's Avatar
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From: Milwaukee, WI
Re: Buy Out Option

558 with a 5k down payment... hate to say it, but you got raped my sticker was 38750 w/ no money down. 39 month w/ 12000 miles and i pay 480.

00 Nogaro S4 (326 HP)
Soon to be black G35
 
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Old Feb 11, 2004 | 03:53 PM
  #10  
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Re: Buy Out Option

well id eat up 12k in 8months....so i bought my G. And seeing the stress my friend went through after his C320 lease was up made me think twice about a lease. No money down car fully loaded and I pay 580 a month.

G35 Coupe Brilliant Silver/Graphite/Premium/Aero/ Blizzaks and 17's till March /
 
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Old Feb 11, 2004 | 04:31 PM
  #11  
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Re: Buy Out Option

Lease again in four years. You could get the new G or something of the like. If not, walk away. Don't end up buying the car. You'll finance another loan for 3 years at about $350/year. All said, over 7 years of payments and about $50K. Wow. Either that or start saving money now to put down on buying a new car in 4 years. The real sad part is that you have to pony up more $ just to put down on your next lease to get the same lease deal you got this time.
I bought my G. I lease my wife's Altima. There are criteria for each that make it work out. I just hate to hear you ask the question. It sounds as if you are already doubting your decision to lease.
-good luck

 
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Old Feb 11, 2004 | 06:54 PM
  #12  
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From: La.
Re: Buy Out Option

that fact that you are even considering buying at the end shows you why dealers offer this. there is always a guy out there that doesn't know any better. if you buy this car at the end, i have some ocean front property in arizona to sell you. like they said b/4 buy a new one, buy a slightly used newer model, do anything but pay off that car. if you don't own a business where you can write off the lease, you are better off buying. that is my opinion.

 
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