G37 Sport + Premium -

Cap Cost including acq fee: $39,164
MF: 0.00285 reduced to .00195 with 10 SDs
Resid: 62% (15,000 miles/year)
Additional 3,000 miles/yr: $900

Monthly Payment (excluding local tax and reg): $567

Other than the negotiated price, it seems reasonable. What do you all think?

Thanks.

 

What are the total amount of security deposits and at what price each ?

 

This is with zero cap reduction, the security deposit is 10x the $567. In addition to that, there's about $400 due at signing for registration, etc. So it comes to about $6K initially, but I should get most of that back at the end. By the way, this is for a 36 month lease.

 

I agreed to a lease today for a similarly configured car, 6 spd sport with Premium, Splash Guards, Trunk Net and Spoiler. For 36 months, 10k miles per year. I will pay $605 with taxes (7.4% here) and all fees etc. My only out of pocket is first month's payment of $605. This seems to be a good deal and I pick up next week.

The best deal I could have done on a BMW 335i coupe similarly equiped was $759/mo plus $1900 out of pocket. Tough choice, but it came down to better value, nicer interior, better reliability ratings (and experience) and almost equal ride/handling to the Bimmer, though the latter felt quicker. While I was signing papers, St. Louis' top sports news anchor was picking up his black G37s.

 

that's not bad, what dealer did you use?
can you PM me the salesperson's info?
I'm in Tulsa, OK, so might have to make a trip to MO in a few months

 

Was this at Plaza or Bommarito? I'm actually going up to Plaza tomorrow to talk with the salesman I've purchased several Lexus' from in the past and he's assured me that we'll be able to work out an attractive lease on a G37(fingers crossed).

 

It was Bommarito, as I bought my '04 G35 from them and four Nissans from their sister dealership. I think Plaza might not give as good a deal, but the sales person I spoke to their was disappointed in how slow the cars were moving and the fact that most of 'his' buyers wanted AWD. So you might get a good deal.

My SA at Bommarito is Julie Reese (Internet mgr) and I will be picking my car up on Wednesday. She told me my deal was good, due in part to my buying power and I bought it on the last day of the month. Supposedly there is a big incentive drive in Sept. PM me if you have any further questions and good luck. BTW Bommarito has ~ 30 G37's on their lot, vs about 10-12 for Plaza.

 

Thanks for the info. I might swing by Bommarito while I'm up there tomorrow just to see how they compare to the offer I get from Plaza. Thanks again.