G35 Sedan V36 2007- 08 Discussion about the 2nd Generation G35 Sedan 2007 - 08

Any new good lease deals out there?

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  #16  
Old 02-23-2007, 02:14 PM
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I received 3K for my trade that I used for the down, nothing out of pocket. The lease is for 39 months for $445 a month with 15K miles a year. The residual payment was a tad over 19K. This also included prepaid maintenance for the 39 months.
 
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Old 02-23-2007, 03:42 PM
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I just received a price that seemed pretty good. 36 months, 12k per year. All taxes rolled into monthly payment. Up front only bank fee, DMV (about $800). $539 per month. This was for a G35 sport 6mt with premium and NAV. Money factor was .00193. ABout $2,200 below MSRP was the negotiated price.
 
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Old 02-23-2007, 05:30 PM
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That's pretty solid. I am getting in the $550 range with $1000 out for premium and nav...OUCH

I wonder when we will see Infiniti run their first promotional lease on the car?

My local dealer has a lot of inventory...
 
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Old 02-24-2007, 01:07 PM
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Originally Posted by griffey222
That's pretty solid. I am getting in the $550 range with $1000 out for premium and nav...OUCH

I wonder when we will see Infiniti run their first promotional lease on the car?

My local dealer has a lot of inventory...
Now that the VPP damn has broken, it may add a month or two. But I'm guessing we'll see something in the spring.
 
  #20  
Old 02-24-2007, 01:54 PM
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work your way to a slightly above invoice deal and you'll be fine with everything else remaining the same...
 
  #21  
Old 03-18-2007, 05:58 PM
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I'm trying to search for a good lease deal on a G35 sport sedan with premium and navigation packages, and from Austin Infiniti, I'm getting $680/mo for 36 mo's, $3K down, 12K miles/year. This seems high to me. Does anyone know if Dallas or Houston Infiniti dealers have better prices?

Thanks.
 
  #22  
Old 03-18-2007, 07:47 PM
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Another point on the leasing curve-longish

I am about to take delivery on a G35S 6 MT with premium, sirius and splash guards. I negotiated a cap cost of $34,200 (I know, not great, but OK). Dealer is offering 36 month/10K per year, no cap cost reduction, no security deposit, money factor of 0.00176, residual of about $20,400. Monthly payment is $503.18 including 5% tax. There's about $1400 up-front, including acquisition fee, doc and registry fees and first month's payment. AFAIK this is from Infiniti Financial.

According to the dealer, the money factor can be reduced via multiple security deposits. A "security deposit" is equal to one month's payment, rounded up to the nearest $50. In my case it would be $550.00. Each security deposit reduces the money factor by the equivalent of 0.1 per cent, or, using the "2400" conversion factor, by 0.0000416. Although you get the security deposit(s) back, IF does not pay interest on it/them.

Assuming your security deposit could be earning 3%-4% after tax in interest, by my calculations it's almost a wash; that is, the opportunity cost (foregone interest) just about equals the savings due to the reduced money rate.

In 40+ years of car ownership I have never leased. But I'm considering it in this case because I tend to turn a car over every 3-4 years (not literally--did that once in 1965 and still have the scars!) and it "locks in" a known value for the car after 3 years regardless of the economy and gas prices.

FWIW, there's many opportunities for a dealer to hide charges and profit in a lease if you look only at the monthly payment. For example in my case the dealer made a mistake that would have added $30 to the monthly payment. I suggest searching this forum and/or Googling "car lease tutorial" so you really understand leasing and how the payments are calculated before signing a contract.

Hope this helps.
 
  #23  
Old 03-18-2007, 08:41 PM
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Originally Posted by bkrider
I am about to take delivery on a G35S 6 MT with premium, sirius and splash guards. I negotiated a cap cost of $34,200 (I know, not great, but OK). Dealer is offering 36 month/10K per year, no cap cost reduction, no security deposit, money factor of 0.00176, residual of about $20,400. Monthly payment is $503.18 including 5% tax. There's about $1400 up-front, including acquisition fee, doc and registry fees and first month's payment. AFAIK this is from Infiniti Financial.

According to the dealer, the money factor can be reduced via multiple security deposits. A "security deposit" is equal to one month's payment, rounded up to the nearest $50. In my case it would be $550.00. Each security deposit reduces the money factor by the equivalent of 0.1 per cent, or, using the "2400" conversion factor, by 0.0000416. Although you get the security deposit(s) back, IF does not pay interest on it/them.

Assuming your security deposit could be earning 3%-4% after tax in interest, by my calculations it's almost a wash; that is, the opportunity cost (foregone interest) just about equals the savings due to the reduced money rate.

In 40+ years of car ownership I have never leased. But I'm considering it in this case because I tend to turn a car over every 3-4 years (not literally--did that once in 1965 and still have the scars!) and it "locks in" a known value for the car after 3 years regardless of the economy and gas prices.

FWIW, there's many opportunities for a dealer to hide charges and profit in a lease if you look only at the monthly payment. For example in my case the dealer made a mistake that would have added $30 to the monthly payment. I suggest searching this forum and/or Googling "car lease tutorial" so you really understand leasing and how the payments are calculated before signing a contract.

Hope this helps.

Thanks!
 
  #24  
Old 03-19-2007, 02:14 AM
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Originally Posted by VtecVQ
I'm trying to search for a good lease deal on a G35 sport sedan with premium and navigation packages, and from Austin Infiniti, I'm getting $680/mo for 36 mo's, $3K down, 12K miles/year. This seems high to me. Does anyone know if Dallas or Houston Infiniti dealers have better prices?

Thanks.
ray brandt infiniti in new orleans gave me my 2007 g35s 6mt with premium package and rear spoiler -- no nav, no tech -- for $615 per month, $615 down with 12k mi/yr. and 36 months. that includes all taxes and fees and also includes insurance on the 18inch rims being driven on new orleans roads.
 
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