Hello everybody! I had a quick question, I have a 2003 Infiniti G35, which I leased in May of 2003, so I'm coming up on 2 years, it was a 3 year lease, I pay 500 a month. However my G is really too small for my needs at this point, and I would liek to trade my G in for the Infiniti FX, can I do this without penaltys? Can I transfer the lease or anything? Basically a trade in with the lease adjusted to reflect the FX price difference? Ya know what I mean?

Thanks!
Kevin

 

Get a lease buyout estimate from IFS. If it is more than you owe on the car than you can get out of the lease for $16 and start a new one. If you the buyout price is more than you owe, then you pay the difference + $16.

 

I went through Infiniti for my lease but went with Chase Auto. Can do the same?

 

If that buyout thing works for you go with that, but otherwise, call IFS and get the payoff information. The payoff on the lease is what you owe overall, so you can just trade in the G for that amount(give or take) on the FX you want to lease. It works just like a trade in if you own a car.
Hopefully get the trade in value you want. Good luck.

 

Thanks for the info guys! I think Infiniti is closed today due to President's Day, does anyone have any idea what a 2003/2004 Infiniti G35 with Navigation System, Winter Package, Premium Package (sunroof, bose system, etc.) would be worth now? Or how much Infiniti would buy back for?

Thanks!
Kevin

 

Without taking the page and a half it would normally take to answer your question....I'm just gonna say that you're gonna probably need a LOT of money to work this deal out....Or...a high threshold of pain (payment wise). Since your lease HAS to be paid off it's NOT just like trading in a car you own (because you DON'T own it). This is why I hate leasing. People just don't realize the position they put themselves into, especially if they don't want to see their lease through to the end (want to get out early), OR.... if they're over on their mileage and don't realize how much/quickly the penalty adds up. Bottom line is the dealer's (since they're handling the deal) gotta call (Chase or IFS) and find out what it's gonna take to buy out your lease. Then see where it puts you. Do everybody here a favor and tell them EVERYTHING that you find out. Maybe it'll save somebody that's on the fence from leasing. These things RARELY work out without costing mucho coin. There's a reason leasing is not legal in N.Y. and all I know is that I lost many sales thanks to people being stuck in leases... Good luck, and I hope it works out for you. JBX