G35 Sedan V35 2003-06 Discussion about the 1st Generation V35 G35 Sedan

good deal? if i want to but

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old Jun 17, 2006 | 07:56 PM
  #1  
Minarets's Avatar
Thread Starter
|
Registered User
Joined: Apr 2005
Posts: 286
Likes: 0
good deal? if i want to buy

$35,550 2006 g35sedan

$299/month
63 month lease
5k down
.0029 money factor
leasy buy out 34% of msrp


is this a good lease?

if i intend to buy at lease end.



is this right,


"Cash Price: $35,550

TOTAL OUTLAY over 63 months (using your figures) if you lease $35,924

If you finance $30k for 60 mo at 6% you are going to pay out $34,794 plus your $5,550 down payment for a total of $40,574! And I doubt you can get a 6% car loan these days. So this lease saves you AT LEAST $4650 over the best case scenario if you purchased it on a regular contrace.+"
 

Last edited by Minarets; Jun 17, 2006 at 09:21 PM.
Reply
Old Jun 17, 2006 | 08:15 PM
  #2  
MikeyMike's Avatar
Rollin On Dubz
Joined: Jan 2004
Posts: 5,229
Likes: 1
From: Cali
63 months? You're outta your mind
 
Reply
Old Jun 17, 2006 | 08:19 PM
  #3  
06BLACKMT's Avatar
Registered User
iTrader: (1)
Joined: Apr 2006
Posts: 959
Likes: 0
From: NJ - exit 114!!
06coupe 63 months AND 5k down??? damnnn
im paying 369 a month with 2500 down..2 yr lease...dont forget, new coupe in 08
 
Reply
Old Jun 17, 2006 | 08:28 PM
  #4  
jking1301's Avatar
Registered User
Joined: Apr 2006
Posts: 19
Likes: 0
From: seattle, wa
i work for infiniti and the 06 coupe is a great deal but DO NOT DO that long of a term it does not make sense!!! do a short term lease with a little less money down. they even now offer a 12 month lease so you can get out at the around the same time the 08 coupe will be here.
 
Reply
Old Jun 17, 2006 | 09:20 PM
  #5  
Minarets's Avatar
Thread Starter
|
Registered User
Joined: Apr 2005
Posts: 286
Likes: 0
again, this is a lease, but i WILL be buying in the end.

i figure if i was to buy new and finace at current rates it will actually be higher (total out of pocket) then if i was to do this and finance 12k at the end of the lease with a guesstimate 7.9% rate
 
Reply
Old Jun 17, 2006 | 09:36 PM
  #6  
ChOy BoY's Avatar
Registered User
iTrader: (5)
Joined: Oct 2005
Posts: 692
Likes: 0
From: Brooklyn, NY
63 months is the most ridiculous thing i've ever heard
 
Reply
Old Jun 17, 2006 | 09:55 PM
  #7  
limeg35's Avatar
Registered User
Joined: Jun 2003
Posts: 5,197
Likes: 1
From: Modesto, CA
Originally Posted by Minarets
$35,550 2006 g35sedan

$299/month
63 month lease
5k down
.0029 money factor
leasy buy out 34% of msrp


is this a good lease?

if i intend to buy at lease end.



is this right,


"Cash Price: $35,550

TOTAL OUTLAY over 63 months (using your figures) if you lease $35,924

If you finance $30k for 60 mo at 6% you are going to pay out $34,794 plus your $5,550 down payment for a total of $40,574! And I doubt you can get a 6% car loan these days. So this lease saves you AT LEAST $4650 over the best case scenario if you purchased it on a regular contrace.+"
I am sorry but that number is way off...is 35550 an MSRP price or actual "selling" price? there is no way that car with selling price of 35550 with 5k down, 34% residual, 0.0029 M/F equal to 299 per months(asumm it inculdes sales tax), I would double check those numbers again if I were you.

For it to be at 299 with those terms? the selling price would have to be around 28.5~29.5k depends on the sales tax rate.
 

Last edited by limeg35; Jun 17, 2006 at 10:01 PM.
Reply
Old Jun 17, 2006 | 09:56 PM
  #8  
Minarets's Avatar
Thread Starter
|
Registered User
Joined: Apr 2005
Posts: 286
Likes: 0
Originally Posted by limeg35
I am sorry but that number is way off...is 35550 an MSRP price or actual "selling" price? there is no way that car with selling price of 35550 with 5k down, 34% residual, 0.0029 M/F equal to 299 per months(asumm it inculdes sales tax), I would double check those numbers again if I were you.

MSRP
 
Reply
Old Jun 17, 2006 | 10:02 PM
  #9  
limeg35's Avatar
Registered User
Joined: Jun 2003
Posts: 5,197
Likes: 1
From: Modesto, CA
Originally Posted by Minarets
MSRP
so how could purchase cost you 4.6k over lease then?
 
Reply
Old Jun 18, 2006 | 03:51 AM
  #10  
FenixL1P's Avatar
Registered User
iTrader: (2)
Joined: Nov 2005
Posts: 1,480
Likes: 3
From: Elk Grove, CA
if you planning on keeping it, might as well buy it outright..... you pay more up front but that's for a new vehicle... you shell out additional money at lease end to buy it then you'll be coughing up money for a used car now.....
 
Reply
Old Jun 18, 2006 | 08:44 AM
  #11  
G35lips's Avatar
Florida G35 Club Member
Joined: Dec 2004
Posts: 272
Likes: 0
At the end of 63 months you will still owe money on the lease. What is the buyout then? 10, 15, 20 k? That is all extra you will still have to pay even at the end of the lease.
Lips
 
Reply
Old Jun 18, 2006 | 03:19 PM
  #12  
w0ady's Avatar
fgc moderator
iTrader: (5)
Joined: Apr 2006
Posts: 15,085
Likes: 19
From: jacksonville, fl
waste of money. buy it now.
 
Reply
Old Jun 18, 2006 | 05:53 PM
  #13  
BigSash's Avatar
Registered User
iTrader: (4)
Joined: Nov 2005
Posts: 1,775
Likes: 0
From: LA, PDX, & Everywhere between
LOL f_ck that get a 05 financed on a 5-6 year loan and your payments will be around 300, then you can sell the car to buy out the loan at some point if you are ready to move on, and it will end up costing you a lot less than the lease. If you want a good credit rate find a credit union like the Portland Teacher's Credit Union they have the best interest rates if you have good credit.
 
Reply
Old Jun 18, 2006 | 08:07 PM
  #14  
mackinnr's Avatar
Registered User
Joined: Apr 2006
Posts: 348
Likes: 0
From: Sacramento, CA
this might be the worst financial decision of your life...do not do it...just buy it outright if you want to purchase it in the end anyway
 
Reply
Old Jun 18, 2006 | 11:43 PM
  #15  
Augy's Avatar
Registered User
iTrader: (1)
Joined: Jan 2005
Posts: 691
Likes: 0
From: SCV/SFV -661.818-
I agree with everybody. Don't waste your time for a long term lease. You'll regret it. Find out what the residual is at the end. If you have intensions of keeping the car then finance it. Don't worry about miles. Doesn't Infiniti have a 2.9-3.9% rate for 60 months?
 
Reply


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


All times are GMT -4. The time now is 08:51 AM.