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Lease offer - Signing in next two days -Please read

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Old Apr 9, 2008 | 08:37 PM
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Lease offer - Signing in next two days -Please read

Here is the lease offer I have right now. I have been to the dealership 4 times now and they aren't budging much.

G37
Nav, Sport, Premium
Spoiler
Cargo net, Mats
Ill. kick-plates

MSRP $44,245
Edmins TMV invoice $40,387
Selling price $40,372



12k miles/year
39 Month
$3k due at signing (1st payment, doc fee, acquistion fee, tax, title, tags)
$475/month



They had a print out showing they are only making $142 on the invoice. Said they can't lower it anymore. The MF=.00185 and Residule=60%.

Any comments or suggestions would help. I am planning on signing towmmorow or Friday.
Thanks
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Old Apr 9, 2008 | 08:55 PM
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The dealer still makes 1-2% on the car if I have been informed correctly. My buddy got the same package at $250 under invoice plus the $500 Mfgr rebate offered two months ago. Any reason why you wouldnt consider the 24 month lease. You should be able to get the same car with a payment in the low to mid threes.
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Old Apr 9, 2008 | 09:03 PM
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Do you have any calculation that would show how to get payments that low.
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Old Apr 10, 2008 | 12:04 AM
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Originally Posted by ecn113
Here is the lease offer I have right now. I have been to the dealership 4 times now and they aren't budging much.

G37
Nav, Sport, Premium
Spoiler
Cargo net, Mats
Ill. kick-plates

MSRP $44,245
Edmins TMV invoice $40,387
Selling price $40,372



12k miles/year
39 Month
$3k due at signing (1st payment, doc fee, acquistion fee, tax, title, tags)
$475/month



They had a print out showing they are only making $142 on the invoice. Said they can't lower it anymore. The MF=.00185 and Residule=60%.

Any comments or suggestions would help. I am planning on signing towmmorow or Friday.
Thanks
Wow, where are you located? I'm in Houston, TX. I got the same car as yours, but they are only selling to me for $41387, which is $1000 over invoice.
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Old Apr 10, 2008 | 07:28 AM
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I am in Alexandria, VA. What kind of monthly payments do you have with how much due at signing?
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Old Apr 10, 2008 | 10:09 AM
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Originally Posted by ecn113
I am in Alexandria, VA. What kind of monthly payments do you have with how much due at signing?
Here is what I got:

G37 Journey with Prem/Sport/Nav/Spoiler/Kick Plates/etc.

MSRP: 44445
Selling: 41387
Invoice: 40387

39 months
12k/yr
59% residual
MF: 0.00185

Dealer calculated out for $625/month.
1st payment + license fee + doc fee due at signing.

With the info above, I keep calculating, although in Texas we pay the entire sales tax, it still does not come out $625/mth
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