Lease ending, residual is high--any room for negotiation?
01-14-2015, 08:25 PM
#16
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I leased a 2013 G37x (sedan with nav, Bose stereo) in May 2013 at a very good monthly rate ($299 + tax)--and then the MSRP for the G37 cars was cut by several thousand dollars. My lease is ending in May 2015. I like the car and I might want to buy it, but the residual was high to begin with, and it's now much more outrageous because of the price cut for identical vehicles. Dealers are selling used cars just like mine now for much less than the lease buyout price I'd have to pay in May.
So how much are dealers (or Infiniti Financial) willing to negotiate on the buyout price at the end of a lease?
So how much are dealers (or Infiniti Financial) willing to negotiate on the buyout price at the end of a lease?
If they really are selling similar vehicles for less $$ - turn your car in and buy the cheaper one...
01-18-2015, 12:47 PM
#17
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I am turning in a 2013 G37 2 months early on a 24 month lease with a residual of $31600. Car only has 12000 miles on it...barely broken in.
I would gladly buy this car at a reasonable price but you can't have it both ways...low lease cost and low residual.
Going into a Q50 lease for less than my G37 payment.
Someone is losing a ton of money on these deals but its not me!
I would gladly buy this car at a reasonable price but you can't have it both ways...low lease cost and low residual.
Going into a Q50 lease for less than my G37 payment.
Someone is losing a ton of money on these deals but its not me!
Last edited by JimK157; 01-18-2015 at 12:47 PM. Reason: misspelling
01-19-2015, 03:09 PM
#18
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Thread Starter
The dealer indicated "no negotiation" on the residual, made me several nice lease offers on a new Q50. I decided to turn in the G37 and get something that costs less to operate. I have a few months on my lease, so I'm still thinking about what is to be next.
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10-05-2015 12:12 PM
