I want to lease a G37, I've never leased or financed a car before (I bought my new 06 G35 and paid in full)

My question is what can I expect as my monthly payments for a Journey with the 19in wheel package no navigation.

I'm willing to put $3000 up front and a 24 month 12000 miles a year lease, my credit score is excellent.

What can I expect for my payments, is it possible to bargain with the dealers?
I saw someone posted that they're getting a 0 cash, 24 month, 12000 miles lease for under <$400, this seems a little too good to be true, is it? Are they going to be reluctant to lease me a car since I'm 20 years old? or will the fact that I bought my G35 at the same dealership help me?

DOMO

 

I blog about leasing, so read up you'll find a lot of lease related info to educate yourself.
http://www.ridewithg.com
My best advise is that you don't negotiate payments and put nothing down. Just inception fees. The best way to get the lowest payments is to get the lowest sale price. The math will work itself out after that.

 

Thanks, my brain is unable to process all that today so I'll look into it tomorrow, but based on the description in the first post do you think I would be able to get one with payments less than $450?

 

If you are putting down $3000, yes, its possible. but I wouldn't advise it. Try downloading the Excel Lease Calculator on my site. It will help figure out your payments based on numbers the dealer gives you.

 

What's the drawback? It will only make the payments lower, I'm going to the dealership tomorrow and see what they can give me, I'll have to calculate if putting 0 down will add up too more $3k extra in monthly payments over the term.

 

For certain types, leases are great. I'm in that boat. I like more car than I can afford to buy. I keep my car in good shape, and don't drive alot of miles and I'm a car guy, so in two months I'm pineing for what just came out, so in two years, I'm ready to spend my car payment allowance elsewhere.

If you drive a ton of miles, or like to drive a car till it dies, then don't lease. If your reasoning is I fit the criteria, but you just don't OWN the car, and I don't like that, you're a moron. Unless you right a check for the entire amount when you "buy" a vehicle you absolutely have no more "ownership" over the vehicle you are driving that's being financed from a bank, than you do when you are leasing one from a bank. If you doubt that, miss 7 payments and see who "owns" the car.

Understanding all this, most cars are a terrible investment, unless you are wise enough to buy the next 58 Corvette for 5K when new. Because of this, cars go out of warrenty just before they start falling apart. Fixing cars if you don't do it yourself is a very costly endeavor. So you now do "own the car" but you have to either buy a costly aftermarket warranty that you may ultimately have to battle every time you make a claim because some service manager is saying it "wore out" it didn't "break." Or you go without that warrenty, and take the risk of buying that new 2k transmission job.

On to the G. As you can see from my thread below, I just went through the process. You are going to have to take some time with this process, and don't just jump on the first payment they give you. I went from seriously thinking about a G37 Sport Premium for 3,385 in total out of pocket including upfronts, tax etc. (Don't let them confuse you here, and then go "Oh, I thought you were saying 3K down, we still need the upfronts...) 420.49/ mth with 12K miles and 24 mnths. But after discussing things with the wifey and in the Detroit economy and high gas and insurance costs, that increasing payment, insurance, and the cost to run it all going up, I needed to decontent, which I did, and ultimately am very happy I did. I ended up with a Base G37 for 2k total out of pocket and 350/ mnth, 12K mi, 24 mnths. I'm thrilled with reducing my payment from an Acura TL by 56 bucks per month. It helps make relations with the wife much better when the gas and insurance go up. Now she's thrilled with the whole thing too and that is priceless and I get the same engine.

Had a deal on a G37 Journey non premium for 2,998 dwn. and 417/ mth. which is similar to the car you want. I qualified for VPP, but ended up getting a slightly better overall deal (I think). This gave me initial leverage, that you may not have if you don't have VPP, but with as much info you have here and edmunds.com you should have the weapons to do battle with the stealership.

I too wanted the 19's. But the 18's are growing on me when one with the 19's isn't sitting right beside me. It was cheaper, I don't have to stress as much about Michigan winters, the ride is softer, I don't have to buy winter tires and the handling is so precise, I honestly don't think you really need the Sport pack for handling. Are the 19's better in the twisties? Sure. Are they better looking? Sure, but the positives of the 18's are making me not miss spending the extra cash at all. Really I honestly feel this car is so good that wether you are leasing a Base for 370/ mth or paying cash for a loaded Sport 6MT, after spending time with the car you will feel like you got the deal of your life!

 

the whole idea of leasing is to get into a car with the least amount of money upfront as possible and getting more car for the money. With that said, when putting down a large down payment, there is a risk of losing a portion of that if the car is totalled or stolen. If the interest rates are high, you probably would gain from putting down a large down payment, so ultimately, it comes down to what works with your budget. I personally like having cash in my pocket as long as the payments are reasonable.

Lastly, I would recommend doing the quoting over email, you can get the numbers without having to make the trip to the dealer. I personally do all my work online before I step into the dealership, that way, there isn't that "sales pressure" and I have the internet at my disposal to check if I'm getting a good deal or not.

 

Thanks, I'm actually looking for the AT model because all of my driving is done within the city. So basically what I'm shooting for is the base model that has the 19in because I don't think that the price difference is signifficant, I also live in Seattle so I don't have to worry about snowy winters. As far as VPP goes looks like the only way to qualify is if you have an insider in Nissan/Infiniti or am I wrong.

 

Thanks for the advice, they did a quote estimate over the phone with $3k cash upfront and $499 monthly payments, I know I can squeeze a better deal if I actually go to the dealership, I'll try playing the loyal past and future customer card and see how that goes.

 

Actually there isn't a "base model" that has 19" rims.
The base models does not have any upgrades whatsoever. In order to get the 19" rims, you either have to upgrade to the G37 Sport which is a 6MT, or you go with a G37 Journey with a Sports Package which is a 5AT. The G37 Sport should have a higher residual value, so it will probably be cheaper to lease, just like the base model.
In your case, I would go with a base G37 and get 19" rims and tires elsewhere.

 

Don't you think it would be foolish to invest in a leased car though? What do you think the payment difference is between the base and the Journey with Sports package?

 

https://www.myg37.com/forums/buying-and-leasing/178680-steps-to-a-great-lease.html

 

putting 19" rims on your lease isn't "investing" since you take take those off and sell them on ebay or craigslist. Modding a lease is fine as long as the parts are removable without spending a load of money to do so.

Base model $35,665
Sale Price $32,858

24mo/12k, $364+tax.

Journey + Sport $38,430
Sale Price $35,253.

24mo/12k, $400+tax.

These general numbers assume that you can get invoice price. And only require the inception fee of around ($1300-$1400) at signing. Some of the dealers here are gonna hate for giving people the impression that invoice price is easily attainable. It is much easier in Southern California thats for sure. My G37 base's sale price was $32,895, which is about $37 over invoice price. Not sure how easy the Journeys with just the Sport Package are to find. Usually they come with premium, so that bumps the monthly payments another $30+ .

 

^ I really appreciate all the info. Another question I have is can I do extra payments to lower future payment or is that something that can't be done on leases?

 

that cannot be done with leases. however, you can make multiple security deposits to lower the money factor. You get your security deposits back at the end of the lease.