08 G37S 6MT ivory pearl/graphite, premium pkg, navi, 12k/miles/yr...priced at 42,265, discounted to 40,643...initially offered me 2500 down 39 months @ 565/month, then i kept talking and they brought it to what they said Im only making the first payment due at signing of 539/month and 539/month thereafter for 38 months. Good deal? Im going to a few more dealerships this weekend and comparing.

BTW, anyone have pics of their G37S with a rear spoiler where the chrome stock spoiler is not there and replaced with that little bit of a edge/wing they call a spoiler? is that the $550 spoiler option they speak of??

Kinda like in this pic --> http://i153.photobucket.com/albums/s...on5/g37004.jpg
or
http://www.davidpitlyuk.com/wp-conte...8/g37-rear.jpg

OK DO NOT LOOK AT THESE NUMBERS ANYMORE...THIS IS NOT THE DEAL IM GETTING ANYMORE, GOT A BETTER DEAL, THANKS FOR THE HELP GUYS

 

$539 seem rather high. Talk them down to invoice pricing and then talk leasing terms.

One thing at a time.

 

I used to be a car salesman. Just ask the salesman to see the invoice price. They will have to show it to you. Normally a floor manger will come over to try and change the pitch of the sale, if he does stand firm, and ask the same question. That price quote you received of 539 is not high for a lease. One thing you could do if you want to know actually pricing of all the equipment and the car itself it to buy a consumer reports on cars. The book will show you invoice pricing on all cars & options as well. Feel free to bring that to the dealership when you are shopping for your car. It will cut out a lot of frustration for you. Leasing, FYI does not have many options as far as the terms are concerned. If you are looking for a better deal, try a finance.

 

Edmunds.com has this information for free.And put much more money out of pocket? How is that a deal? Selling price is the selling price whether you lease or buy. Granted, sometimes there are certain incentives on a buy vs. a lease, however it's still roughly $10k down to get near a similar lease payment with just driveoffs.

 

First off, you don't need to come out of pocket for anything in a finance. Money down is just an incentive for a salesman to make more money on the deal. Second, it do you plan on keeping the G or getting out of it after a certain period of time? Leases are the way to go if you do that, however you are restricted to mileage as well as the "NO-MOD" factor. Make sure your interests are met by which program you chose. As far as the price of the lease goes, I think its stupid to lease @ 539 when you can buy @ 620. Just my opinion... Here's some advice for ya: The money you were going to use for the lease signing, use it as a down payment on a finance, ask to by the car for invoice or a couple 100 over, and assuming you get a great rate your payment will be in the 600's.

 

That's a good deal from what I can tell.

 

Im still working on getting a better deal than that from other dealers

 

go to kenny at massapequa

 

This is a totally false statement. If you're financing, any money down reduces your amount financed therefore lowering your payment. If you borrow a dollar and give back a quarter, all you need to do is repay 75 cents. Conversely, don't give anything back and you still owe the entire dollar.

I as a salesman don't make anything on what you put down yet would concentrate on making the deal.

 

If you as a salesman don't make any money on down payment, then you are a terrible salesman. The down payment goes to the front end of the deal as I hope you know. As far a needing a down payment, he doesn't. Not unless he is out of equity on a trade and the bank only has 100% financing. Most Tier 1 banks give about 120 - 130% financing, in case of certain situations. However, like I said, a down payment "IS NOT" needed. If anyone does decide to put money down, then yes you are right, the money does lower the payment or cover the difference of being "flipped" in a trade. For every $1000 you put down its between 13 - 20 dollars off the monthly.

 

How does your financing a vehicle make me a terrible salesman? The only way to make money on a sale is like any other sale; gross profit on the entire purchase. If you buy a $50k car at invoice and put $35k down, there's no profit in the deal and you finance the balance. Real simple. That doesn't quantify me or anyone else disclosing this truth as a terrible salesman but rather an honest one at that.

You're right in saying that for every thousand you put down, it's lowering your payment and read over my post; I reiterated that fact as well. Doesn't mean that that money is profit into the deal. You're just misinformed and don't know your facts, that's all.

Finally, and this is depending on credit, you are also right that a down may not be necessary, however you're financing the entire purchase into your loan to including selling price of the vehicle, taxes, title, fees, and interest to the bank. Strong credit can drive off without a dime out of their pocket, however it's the highest payment you'll get since you're not reducing the amount financed. Let's not confuse any of this with a lease and cash cap reduction mind you.

 

Ok, so basically we agree on everything, minus "front cap." Other than that, if you think about it, we never even answered the question @ hand... is $539 too much for a lease of a G37? I say it is when invoice on a well equipped is just under $39,000, and that, again, is my opinion.

 

So now, all you have to do is just apologize for the "terrible salesman" comment and allow me to answer the question at hand.

Considering that if OP is "driving off" with just the first payment alone due at signing, then the payment is fine IMO. A "$0 down" lease just paying your upfront fees (bank acquisition, registration, first payment including tax) in full will get you a lower payment including tax, but you're going to write a check for about $1,600 (approximately).

Now, naturally, I'm thinking that the initial cap cost (the actual selling price of the coupe) can be lowered, however every region is different (considering OP is in the state of NY) so market conditions can play a part in selling a vehicle for hundreds or more over invoice.

 

ok forget those numbers i gave you at the top...that was only the first dealer i went to and YES he was overcharging...found a way better deal, matter of fact two good deals from two different dealers

Going to be signing the deal next week sometime when i get back from cancun!!