Fantastic lease deal 08 G w/ prem / nav
#1
10-17-2008, 01:34 PM
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Fantastic lease deal 08 G w/ prem / nav
As mentioned in one of my other posts, I wanted to share the lease deal that I just agreed to. With the '09s sitting in port waiting for '08s to go, there are deals to be had.
2008 G35 premium & nav
MSRP: $38710
42 months
10k / year
$990 cap reduction
$0 security deposit
normal doc fees / title fees
LEASE PAYMENT => $379 / month + tax
I may bump up to 12k / year for another $9/ month. have the weekend to decide.
Compare that to the $550 - $700 / month I was quoted on the C300, 328, A4, IS 350.
2008 G35 premium & nav
MSRP: $38710
42 months
10k / year
$990 cap reduction
$0 security deposit
normal doc fees / title fees
LEASE PAYMENT => $379 / month + tax
I may bump up to 12k / year for another $9/ month. have the weekend to decide.
Compare that to the $550 - $700 / month I was quoted on the C300, 328, A4, IS 350.
#2
10-17-2008, 01:57 PM
I was also looking at the C300 and IS, LOL. C300 was the same money but I did not like 228hp.
#3
10-17-2008, 01:59 PM
#6
10-17-2008, 03:50 PM
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Originally Posted by Mike@RiversideInfiniti
Why not bump up to 15k for 18/mo?
What he said... i got 18k a year and thought i would be WAY under and it turns out i REALLY like driving my G so i take it everywhere...
There is nothing worse than coming to the end of a lease and not being able to drive your car without feeling like an idiot that you didn't buck up ahead of time.
Either way congrats on the new car....(i would have went with OB though!!)
#7
10-17-2008, 03:54 PM
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#8
10-17-2008, 04:12 PM
I only would do it if your are going to turn it in. I know that when our term is up we are keeping the car. So we went with less miles to start cause there is no worry about going over miles + we do not drive anywere. I take public transportation to work and my wife's work is only 10 miles round trip.
#9
10-17-2008, 05:10 PM
I just got an '08 G35X with Nav, Premium and Tech, with an MSRP of $41,330. Leasing for 36 months, no cap reduction, 10,000 miles/yr., no security deposit, tax rolled into lease; just tags, several small fees and first payment resulting in total out-of-pocket of $865. My payment is $500/month. I believe this to be a good deal.
Last edited by oidvoid; 10-17-2008 at 05:54 PM. Reason: Correction
#10
10-17-2008, 06:02 PM
Originally Posted by huf
Nice deal. 
But I would go up to 12K as you realize 10K is very low once you get into the G!!
But I would go up to 12K as you realize 10K is very low once you get into the G!!
My G is my weekend car, and I find myself going for 200 mile drives virtually every saturday with nice weather. You WILL put serious mileage on this car, especially if you really enjoy driving. I have 12K p.y. and without driving it 5 or 6 days a week, i am at 11,250 with 7 days to the 1 year mark.
Bump up to AT LEAST 12K. You wont be able to not drive it if you are tight on mileage, and it is so much cheaper up front.
OIDVOID: Do you mean that your Cap cost on the lease is the sticker price that was on the vehicle?????
If so, I'd look into that. You just got an 08?? These should be 3K under sticker EASY. I got my 07 on Oct 24 last year, and got almost 5K off sticker.
Last edited by RowanBuds; 10-17-2008 at 06:07 PM.
#12
10-17-2008, 07:37 PM
Originally Posted by ronbo25
As mentioned in one of my other posts, I wanted to share the lease deal that I just agreed to. With the '09s sitting in port waiting for '08s to go, there are deals to be had.
2008 G35 premium & nav
MSRP: $38710
42 months
10k / year
$990 cap reduction
$0 security deposit
normal doc fees / title fees
LEASE PAYMENT => $379 / month + tax
I may bump up to 12k / year for another $9/ month. have the weekend to decide.
Compare that to the $550 - $700 / month I was quoted on the C300, 328, A4, IS 350.
2008 G35 premium & nav
MSRP: $38710
42 months
10k / year
$990 cap reduction
$0 security deposit
normal doc fees / title fees
LEASE PAYMENT => $379 / month + tax
I may bump up to 12k / year for another $9/ month. have the weekend to decide.
Compare that to the $550 - $700 / month I was quoted on the C300, 328, A4, IS 350.
The $1k down bothers me (never put money down on a lease).
The Invoice is ~$35,000. Take the $4,000 rebates, down to $31,000. Cap cost reduction, you're financing 30,000.
If you buy, for 60 months, that's $562.71 (4.75% at Penfed).
Using these rates:
24 Month – Residual 53% of MSRP – .00280 Base Rate
36 Month – Residual 53% of MSRP – .00098 Base Rate
48 Month – Residual 46% of MSRP – .00147 Base Rate
60 Month – Residual 40% of MSRP – .00200 Base Rate
Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
@ 10k miles, 36 months, 6.5% sales tax, I calculate your lease payment should be: $300 a month. I used this calculator: http://www.leaseguide.com/calc.htm
I don't think that $380/month + tax is that good a deal.
(Personally I wouldn't lease a car for more than 36 months, but that's your perogative).
#13
10-17-2008, 07:39 PM
Originally Posted by goofygrin
So to really tell you if you're getting a good deal or not, I need to know the MF and cap cost.
The $1k down bothers me (never put money down on a lease).
The Invoice is ~$35,000. Take the $4,000 rebates, down to $31,000. Cap cost reduction, you're financing 30,000.
If you buy, for 60 months, that's $562.71 (4.75% at Penfed).
Using these rates:
24 Month – Residual 53% of MSRP – .00280 Base Rate
36 Month – Residual 53% of MSRP – .00098 Base Rate
48 Month – Residual 46% of MSRP – .00147 Base Rate
60 Month – Residual 40% of MSRP – .00200 Base Rate
Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
@ 10k miles, 36 months, 6.5% sales tax, I calculate your lease payment should be: $300 a month. I used this calculator: http://www.leaseguide.com/calc.htm
I don't think that $380/month + tax is that good a deal.
(Personally I wouldn't lease a car for more than 36 months, but that's your perogative).
The $1k down bothers me (never put money down on a lease).
The Invoice is ~$35,000. Take the $4,000 rebates, down to $31,000. Cap cost reduction, you're financing 30,000.
If you buy, for 60 months, that's $562.71 (4.75% at Penfed).
Using these rates:
24 Month – Residual 53% of MSRP – .00280 Base Rate
36 Month – Residual 53% of MSRP – .00098 Base Rate
48 Month – Residual 46% of MSRP – .00147 Base Rate
60 Month – Residual 40% of MSRP – .00200 Base Rate
Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
@ 10k miles, 36 months, 6.5% sales tax, I calculate your lease payment should be: $300 a month. I used this calculator: http://www.leaseguide.com/calc.htm
I don't think that $380/month + tax is that good a deal.
(Personally I wouldn't lease a car for more than 36 months, but that's your perogative).
#14
10-17-2008, 08:33 PM
Originally Posted by RowanBuds
OIDVOID: Do you mean that your Cap cost on the lease is the sticker price that was on the vehicle?????
If so, I'd look into that. You just got an 08?? These should be 3K under sticker EASY. I got my 07 on Oct 24 last year, and got almost 5K off sticker.
If so, I'd look into that. You just got an 08?? These should be 3K under sticker EASY. I got my 07 on Oct 24 last year, and got almost 5K off sticker.
