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-   -   Does Infiniti offer 84mo financing? (https://www.myg37.com/forums/buying-and-leasing/175266-does-infiniti-offer-84mo-financing.html)

EightOneZero 11-13-2007 09:51 PM

Does Infiniti offer 84mo financing?
 
As title states

User 111021 11-13-2007 10:23 PM

Why do 84, Might as well do 96?

Black Betty 11-13-2007 10:28 PM

Yes they do.

iko 11-13-2007 11:15 PM

I've never heard of anyone financing a car for 7 years. Why would you want to do that... just to be able to afford the monthly payment? If so, you might rethink priorities.

NJlakeshoreG 11-13-2007 11:18 PM

sometimes people want the lower payment for now and pay it off quicker then usual...maybe he will keep the car for 7 years...if he wants the car that bad then hell by all means necessary....

7years is a long time...would you like to share with us why you are willing to pull it out for that long or do you have a plan??? maybe it can be something to help some of us out in the future..thanks and good luck with a purchase!!

EightOneZero 11-14-2007 12:08 AM

Thanks guys, good to know I can go 84.
I drive 35,000 miles a year. So after about a year and a half, it's time to trade it in. I would lease, but obviously I can't do that with the amount I drive each year.

So extending the financing is the next best thing, to keep the monthly payments down. Since the interest rate is usually high when you go past 60months, I wait until my credit union has a special and I refinance through them. I brought my G35c loan from 10% to 4.9% doing this. If I can keep my monthly payments roughly around the same everytime I switch cars, I will be ok.

I also never put money down :)

ucla bruin 11-14-2007 12:16 AM

35000 miles a year?! what do you do? pulling cargos with a coupe?
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NJlakeshoreG 11-14-2007 12:29 AM

thanks..thats great and smart info!!!

yea what the hell do you do? canonball runs all year long?? lol

BoyleHeights 11-14-2007 03:03 AM


Originally Posted by ucla bruin (Post 2237708)
35000 miles a year?! what do you do? pulling cargos with a coupe?

He is a Bruin. Means he delivers Pizzas. Kidding!! Kidding!!

ucla bruin 11-14-2007 03:20 AM

I don't get it....:dunno:
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SilkeG 11-14-2007 04:31 AM

Boston

COUPE-DADDY 11-14-2007 08:47 AM

Has anyone gotten rates for 84 months?

05Scoobyroo 11-14-2007 12:44 PM


Originally Posted by EightOneZero (Post 2237704)
Thanks guys, good to know I can go 84.
I drive 35,000 miles a year. So after about a year and a half, it's time to trade it in. I would lease, but obviously I can't do that with the amount I drive each year.

So extending the financing is the next best thing, to keep the monthly payments down. Since the interest rate is usually high when you go past 60months, I wait until my credit union has a special and I refinance through them. I brought my G35c loan from 10% to 4.9% doing this. If I can keep my monthly payments roughly around the same everytime I switch cars, I will be ok.

I also never put money down :)

Very nice move!!!!!

Plus, by him extending his financing to the max, if he wanted to keep the car, he can still finance it for 84 mos (payment may be $620 for example). For example, a 48 mo term may cost him ($920 for example). By him sending in a payment of $920 ($620 + $300 extra principal) on the 84 mo term, he will be saving a huge chunk in interest, and maintain a flexible monthly cash flow.

iko 11-14-2007 05:04 PM


Originally Posted by EightOneZero (Post 2237704)
Thanks guys, good to know I can go 84.
I drive 35,000 miles a year. So after about a year and a half, it's time to trade it in. I would lease, but obviously I can't do that with the amount I drive each year.

So extending the financing is the next best thing, to keep the monthly payments down. Since the interest rate is usually high when you go past 60months, I wait until my credit union has a special and I refinance through them. I brought my G35c loan from 10% to 4.9% doing this. If I can keep my monthly payments roughly around the same everytime I switch cars, I will be ok.

I also never put money down :)

Actually, most people in your shoes will lease for 2 years and pay the extra mileage. Since the residual is baked you won't take a bath on the resale value. A two year old car with 70k miles is gonna take a real beating. Do the math.

Here's a thread on another site. Notice Tarry's response. http://www.bimmerfest.com/forums/sho...d.php?t=241281

EightOneZero 11-14-2007 07:42 PM


Originally Posted by iko (Post 2237878)
Actually, most people in your shoes will lease for 2 years and pay the extra mileage. Since the residual is baked you won't take a bath on the resale value. A two year old car with 70k miles is gonna take a real beating. Do the math.

Here's a thread on another site. Notice Tarry's response. http://www.bimmerfest.com/forums/sho...d.php?t=241281

Thats interesting. Thanks for the link. Does Infiniti extend leases to 30,000 miles/yr? I know that Lexus can do this. I would do a 24month lease if that were the case.


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