Anyone know if Infiniti is gonna slow down leasing cars,giving HIGHER percentages trying to make you to buy like Bmw and Chrysler/jeep?

 

On Infiniti's website, their special offers are not listing any Leases for August, only Finance deals.

 

I guess the best kept secret(leasing) will soon be the thing of the past.I'm reading cars are losing TOO much value at the end of leases and dealerships are taking a hit.All this recession stuff is effecting everything I guess...Thanks Mr. BUSH Are you saying the poor man can't look rich anymore?

 

i can't see them stopping yet.. maybe in the future but not right now.

 

Glad I leased my car in June, I would have bought this car like my G35, but I figured with the way I drive it would be cheaper for me to lease.

 

i'm glad i leased mine in july... either way.. i know rates will get worse.

 

Anyone work at a Infiniti dealership and can confirm the August rates?

 

rates are the same as july, infiniti, nor anybody else, EXCEPT CHRYSLER, has stopped leasing...the auto industry as a whole is moving away though, lets see how fast and how far.

 

I have got fantastic deals on leases and it works for me as I always am under the 15k a year which is always the lease I agree to.

I am afraid they might end up being a thing of the past also. It just depends on a lot of factors but one of the main factors is how many people go over the mileage and are forced to buy the car. Based on the residual value and buyout, I would have paid quite a deal more if I had purchased my vehicles after first leasing them.

For someone like myself who owns another vehicle, likes a new car every three years, can right 95 + percent of actual expensies including gas, tires, maintenance, etc, leasing is by far the best option since i will be under the miles but a safe margain buy the time three years are up.

Dean

 

It isn't the end of leasing. Keep in mind that private companies and some banks still do plenty of leasing. It is common that leases slow down towards the latter part of the year due to lower residual values. Not that only the American cars are making the drastic moves right now. I worry somewhat, but until I see the likes of Honda and Toyota making the same move, I won't lose much sleep over it.

 

Leasing won't go away IMO, however the lenders might just put tighter restrictions concerning credit, down payment, security deposits, mileage restrictions, higher rates, or any combination of these. I'm speculating here, however this could be the future of leasing. Like with any business, when the party is over, someone's gotta clean it up.

 

My concern is I took the 39 month lease instead of the 36. It is not that the payments were much different. However, that will put me towards the holiday seasons when I go to lease my next car that may not be the best time. I have always found June to be the ideal time because the newer models have been annoucned but are not out.

I generally try to buy cars that should have good resale values but it is hard to guess these days.

The advantage over leasing a car with a good residual is that with a lease, I always just put down the first payment when taking possesion of the car. If you buy and sell in 3 years, you may turn out the same on paper but you will get stuck with more money down and having to sell by owner since most car dealers dont give you a good deal if trading a car in.

Dean