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Lease #'s seem high?

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Old Jul 20, 2009 | 07:38 PM
  #1  
SupermanGolfer's Avatar
SupermanGolfer
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Lease #'s seem high?

I know this thread is full of questions about lease deals and what not, but I am a true newb. I have never leased and I have never owned an Infiniti. So this is the lease quote I received from Infiniti of Columbus. The sale price seems high, but not for sure about what a good price would be on a lease deal, since the incentives don't apply. Please provide any constructive feedback or comments that you feel will help me. I don't mind the dealer making a profit, but I don't want to pay for their kids' first year of Ivy League school either.

The 2009 G37X (Moonlight White w/stone leather interior) had the following features:
  • 2-Position Driver Memory Seat
  • 50 State Emissions
  • Auto-Dimming Rearview Mirror w/Compass
  • Bluetooth Hands-Free Phone System
  • Driver's Audio Stage
  • Driver's Seat Power Lumbar Support
  • First Aid Kit/Literature Kit
  • HomeLink Universal Garage Door Opener
  • Moonroof Package
  • Power Tilt & Telescopic Steering Wheel
  • Power Windows
  • Premium Package
  • Splash Guards w/o Sport
  • Trunk Cargo Net
  • iPOD Connectivity


The following are the lease numbers:

39 month lease
MSRP $39125
Selling Price $37655
56% residual = $21938
12K miles/yr
.00141 (I was told this is equal to about 3.4%)
The only down payment would be the first month's payment.

$550 a month incuding tax

With $2000 down $496 a month including tax
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Old Jul 20, 2009 | 08:02 PM
  #2  
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RISKY GUY
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Pm da mayor. He can hook you up.I know many happy cusomers of his.
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Old Jul 30, 2009 | 02:05 AM
  #3  
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From: north jersey
id say thats a good deal
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Old Jul 30, 2009 | 11:29 AM
  #4  
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MattsG37
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From: Fort Lauderdale, FL
Personally Id rather pay the extra 100 a month and own the car. If you can afford 550, whats another 100 a month to own.

My car listed for about the same price and I am paying 659 a month tax in. At the end of three years I will have the option to keep it or sell and might have a few grand in equity. I almost bought a new car this past weekend and my car was appraised at a little more then I owed on it. So after another year and a half I will probably be up even more.
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Old Jul 30, 2009 | 12:03 PM
  #5  
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maxipad96
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From: Atlanta
Leasing cars sucks... This is my first lease and I have a deal structured very similar to what you were offered. In the end I'm locked in to this stupid lease that I can't get out of. +1 on the pay the extra 100 a month and own the car. Gives you a ton of more flexibility if life situations or the boredom bug hit.
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Old Aug 4, 2009 | 12:10 AM
  #6  
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lakers8
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From: Los Angeles
Seems high, im paying 399 with 5000 down, selling price was 40K
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Old Aug 4, 2009 | 01:30 AM
  #7  
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Galarit
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From: San Antonio
For a lease that is average, which is why I would agree that it'd be a lot better to go for owning the car. If you own your car, they can't bother you about switching parts out too
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