MyG37

MyG37 (https://www.myg37.com/forums/)
-   Buying & Leasing (https://www.myg37.com/forums/buying-and-leasing-147/)
-   -   I don't understand this.... (https://www.myg37.com/forums/buying-and-leasing/176851-i-dont-understand-this.html)

nwryuber Jan 17, 2008 02:23 PM
I don't understand this....
 
Ok... I'm totally confused and need someones help.


Ok, this is for a journey without sport, but with premium and navi.

Here are some lease scenarios:

$631.20 x 24 months 15,000 miles per year and you get a check back for $16,868.80
$568 x 24 months 15,000 miles per year and you get a check back for $15,500
$453 x 24 months 15,000 miles per year and you get a check back for $13,000

$590.60 x 36 months 15,000 miles per year and you get a check back for $16,909.40
$546 x 36 months 15,000 miles per year and you get a check back for $15,500
$469x 36 months 15,000 miles per year and you get a check back for $13,000
$64.62 x 36 months 15,000 miles per year this using the whole trade of $17,500 + the $500 bonus money

Let me know if you want me to run other scenarios.


Told him the Altima was paid for, and i think he said he'd give me 17500 for it.

nwryuber Jan 17, 2008 02:26 PM
I had mentioned to him about buying the car at the end of the lease also... is that maybe what the "check back" is?

nwryuber Jan 17, 2008 02:33 PM
ok, i figured out waht the check back stuff is now .... anyone know if its a very good deal?

rgpie75 Jan 17, 2008 03:37 PM
No way to really tell without knowing the negotiated price of the car, money factor, residual, etc. But just looking at the monthly payment it certainly seems high.

DiamondGCoupe Jan 17, 2008 03:38 PM
Originally Posted by nwryuber (Post 2257394)
ok, i figured out waht the check back stuff is now .... anyone know if its a very good deal?
So what is it? Are you paying for the whole car up front and getting that amount back? I dont understand that either..

Its deffinately not the value of the car after the lease.. It would be between $26-34k depending upon miles/term.

Or that could be the total price of the lease, mine was around $15 for 2years 18kmiles/year..

rgpie75 Jan 17, 2008 03:41 PM
It looks like he's trading in his Altima and using a portion of the sale of that car for the upfront fees/capital cost reduction for each lease scenario. The amount back is what's left over for what the dealer is giving him for the Altima.

go4gr8 Jan 17, 2008 03:46 PM
Yeah. Never combine the trade-in with the lease. Deal with the lease first, then the trade-in value. The trade-in is offsetting your lease cost. Do both separately.

nwryuber Jan 17, 2008 04:51 PM
heres the buy out!

The buyout for 24 months is $28,822.50 & for 36 months is $24,705. Which scenario do you prefer?

i would definately be getting ripped either way, and getting ripped on the trade too. they'd be makeing like 15k off of me.

GiGGaplease Jan 17, 2008 05:07 PM
Originally Posted by go4gr8 (Post 2257423)
Yeah. Never combine the trade-in with the lease. Deal with the lease first, then the trade-in value. The trade-in is offsetting your lease cost. Do both separately.
yes, work with the deal with the g37 first then worry about the altima later. the payments looks too high.

rgpie75 Jan 17, 2008 05:13 PM
Assuming MSRP of $41,315 (G37 w/ prem, nav, splash guard) he seems to be using about 70% and 60% for the residual. I thought residuals posted for January lease rates were higher than that, but I could be wrong.

Tell the dealer you want to know the following to better evaluate the deal:

sales price
money factor
residual %

Then you can compare that to what others are getting to see if you're getting a good deal.


All times are GMT -4. The time now is 05:05 PM.


© 2026 MH Sub I, LLC dba Internet Brands