I am looking into leasing a 2008 G35xS or a G35x
with Premium Package and possibly sport package
I have enquired with 2 dealers...
One of them replied with around 500+ a month
and the other replied they would only give me a quote if i visited the dealership.

What should i be expecting for a lease on a 2008 G35x with premium and sport packages?

39 months 36 months (whichever is cheaper) 12k miles a year with nothing down or 1000 down?

also what is the lowest credit rating that infiniti will accept?? (my parents have very poor credit due to a whole lotta **** that happened, and i just turned 18 no credit history as of yet.) Also what does Infiniti consider a tier 1 credit rating?

btw if its needed I live in NJ and im in the NYC area can anyone suggest me the best dealer to contact as well.

Thank You in adv for any help.

I know i should browse a preset thread but i've heard prices have changed drastically these past 2 months.

 

btw reason i cant visit a dealer to ask for a quote yet is because im in india till aug 18th

also I can afford the car (i make a 3-4 thousand a month webdesigning)
just mentioned this because i dont want to get the reaction u shouldnt be lookin into this if u cant afford it
im askin this because i wanna know what is going on pricing wise recently so i know what to expect and bargain round.


I appreciate any help i may get

 

There is a buying and leasing thread on the main page, can be seen here. I would check that area...

 

I just took the following deal:

G35x\premium
36 mos
10k miles\yr
$445\mo
$1,400 due at signing

from a dealer in Fairfield CT

 

THANKS
what kinda credit rating would i need from a cosign (what is min to get aprooved and whats tier 1?)
thanks in adv

 

720+ Equifax, 5+ years on bureaus, previous auto history.

It is POSSIBLE to get Tier 1 with less than those qualifications, but not guarenteed.

 

Infiniti also has some college grad programs as well to help young adults qualify.

 

well im 18 just goin into college...

 

i got $350 a month x 24 months.....plus 3K total out of pocket

G35xS with prem/nav/sport

 

I just got my mom (tier 2) a premium/nav car for 36 months, 12K a year, $1,000 total out of pocket for $449 a month.

 

When leasing you shouldn't only take monthly payments, down payments and similar things into consideration. Instead you need to look at the entire package.

1 - Cap Cost - This is your fully negotiated selling price of the car less trades, down payments etc.
2 - Money factor - this is the interest rate you will be charged.
3 - Residual price of car - Nobody so far has even mentioned this is the thread so far.
4 - Lease term - Typically 24 - 36 months.

Here's an example of the calculations

Example Calculation Using the Leasing Formula

Assume you've decided on 3-year (36 month term) lease of a car that has a sticker price of $24,600 (MSRP).
You've managed to negotiate the price down to $23,000 (Cap Cost). You decide not to make a down payment, but you have a trade-in worth $5000.
Your Net Cap Cost is therefore $23,000 - $5000 = $18,000.

Now, the dealer tells you (because you asked) that the Money Factor is
.00375 (.00375 x 2400 = 9.0%) and the Residual Percentage is 60% of
MSRP. So your Residual amount, in dollars, is .60 x $24,600 = $14,760.
Now let's do the math:
Depreciation Fee = ( $18,000 – $14,760 ) ÷ 36 = $90.00
Finance Fee = ( $18,000 + $14,760 ) × .00375 = $122.85
—
Monthly Lease Payment = $90.00 + $122.85 = $212.85
(sale tax not included)
Sales tax should only be paid on the depreciation not the monthly lease payment. Suggest you pay the sales tax up front as it simplifies things.

A good site to help you figure this out is www.leasecompare.com. Kind of suprised they're not a sponsor of this site cause they're very knowledgable and helpful. Another good site is www.leaseguide.com

Hope this helps.

 

kk so the car i want's msrp = $38,965 (with awd sport and premium)
the invoice = $35,700
and accordin to carsdirect what people get is round $36,215

so with 1500 down

msrp = $38,965
capcost = $36,215

and according to this https://g35driver.com/forums/buying-...ly-2008-a.html

residual = 60% and money factor = .00167 Base Rate

.00167 x 2400 = 4.008% interest rate

and according to this

http://www.leaseguide.com/calc.htm

$414.82 a month with 1500 down or
$458.66 a month with nothin down

both including tax

that sound right? and would it be possible to get lower now since the g37 sedan is coming soon??

Thanks in advance for any help u may be able to give me

also isnt anyway i could get aprooved at 18 and no credit history without a cosign right? (i know this is a dumb question just wanna make sure if there isnt a way ill just ask one of my relatives)

Thanks in adv

 

You can probably do better than that on your cap cost. Infiniti currently has $2000 in marketing support to dealer. There's also $1000 customer loyalty if you currently have an Infiniti. You may want to check Edmunds.com for latest pricing and subtract your downpayment from that. You also need to remember things like security deposit, aquisition fee, disposition fees that the dealer would ask for. Sometimes you can negotiate them out of the deal.

I'm not in the leasing business I just understand the numbers. Would also suggest you run your proposed deal through the folks at lease compare. www.leasecompare.com. As far as co-signature on your lease cause of your age I couldn't tell you.

Leasing is a little tricky but if you follow the guidelines that you've found on leaseguide and leasecompare you should do fine. There's alot of 08 inventory out there that dealers need to move so just keep pushing them till you get a deal your happy with.

That's what I did on my purchase.

If your buying in the NY area let me know I can turn you on to an owner of a LI Infiniti dealer that I think would do the right thing for you.

 

$2000 is only for retail purchases--- not for leasing... $500 customer loyalty towards leases, $1000 for a retail.. Basically it's a great incentive to purchase now. And the $2000 retail can't be combined with the low 1.9% financing rate.

 

your a salesman right?

gimme a quote? aprox?