Trading in my sedan for a coupe, need advice..
Trading in my sedan for a coupe, need advice..
Hey guys, long time member, first time posting so bear with me if I leave out any details.
So I've been in my current 2011 g37 6mt sedan for about 2 years and have a little over a year left on the lease. The car is in excellent shape and is well below the 12k miles/year mark..While I was at my local infiniti dealer the other day while getting my car serviced, i saw a sign saying they were looking for cars like mine to trade/buy. So I spoke to a lease specialist about possibly ending my current lease early, and getting into a new 2013 g37 coupe 6mt...here's what I got:
They will essentially buy my car out/trade it in so no money will be rolled into my next lease, and I will be finished with my current lease. I currently pay $465 after tax for my sedan and they offered to match my payment so I can get in to a new cOupe (6mt) with $1100 in drive offs for 39mos @ 12k/yr..
I think I'm going to pull the trigger and do the deal, but I jus wanted some feedback if it sounds like a good, bad, or ok deal. For reference sake, I'm located in between LOs Angeles/orange county area so there are tons of dealerships I can look into, but wanted to get initial thoughts on this deal. Any feedback is appreciated...also, if anyone knows any dealers that can do better, please let me know! Thanks for the help in advance guys!
So I've been in my current 2011 g37 6mt sedan for about 2 years and have a little over a year left on the lease. The car is in excellent shape and is well below the 12k miles/year mark..While I was at my local infiniti dealer the other day while getting my car serviced, i saw a sign saying they were looking for cars like mine to trade/buy. So I spoke to a lease specialist about possibly ending my current lease early, and getting into a new 2013 g37 coupe 6mt...here's what I got:
They will essentially buy my car out/trade it in so no money will be rolled into my next lease, and I will be finished with my current lease. I currently pay $465 after tax for my sedan and they offered to match my payment so I can get in to a new cOupe (6mt) with $1100 in drive offs for 39mos @ 12k/yr..
I think I'm going to pull the trigger and do the deal, but I jus wanted some feedback if it sounds like a good, bad, or ok deal. For reference sake, I'm located in between LOs Angeles/orange county area so there are tons of dealerships I can look into, but wanted to get initial thoughts on this deal. Any feedback is appreciated...also, if anyone knows any dealers that can do better, please let me know! Thanks for the help in advance guys!
Hey guys, long time member, first time posting so bear with me if I leave out any details.
So I've been in my current 2011 g37 6mt sedan for about 2 years and have a little over a year left on the lease. The car is in excellent shape and is well below the 12k miles/year mark..While I was at my local infiniti dealer the other day while getting my car serviced, i saw a sign saying they were looking for cars like mine to trade/buy. So I spoke to a lease specialist about possibly ending my current lease early, and getting into a new 2013 g37 coupe 6mt...here's what I got:
They will essentially buy my car out/trade it in so no money will be rolled into my next lease, and I will be finished with my current lease. I currently pay $465 after tax for my sedan and they offered to match my payment so I can get in to a new cOupe (6mt) with $1100 in drive offs for 39mos @ 12k/yr..
I think I'm going to pull the trigger and do the deal, but I jus wanted some feedback if it sounds like a good, bad, or ok deal. For reference sake, I'm located in between LOs Angeles/orange county area so there are tons of dealerships I can look into, but wanted to get initial thoughts on this deal. Any feedback is appreciated...also, if anyone knows any dealers that can do better, please let me know! Thanks for the help in advance guys!
So I've been in my current 2011 g37 6mt sedan for about 2 years and have a little over a year left on the lease. The car is in excellent shape and is well below the 12k miles/year mark..While I was at my local infiniti dealer the other day while getting my car serviced, i saw a sign saying they were looking for cars like mine to trade/buy. So I spoke to a lease specialist about possibly ending my current lease early, and getting into a new 2013 g37 coupe 6mt...here's what I got:
They will essentially buy my car out/trade it in so no money will be rolled into my next lease, and I will be finished with my current lease. I currently pay $465 after tax for my sedan and they offered to match my payment so I can get in to a new cOupe (6mt) with $1100 in drive offs for 39mos @ 12k/yr..
I think I'm going to pull the trigger and do the deal, but I jus wanted some feedback if it sounds like a good, bad, or ok deal. For reference sake, I'm located in between LOs Angeles/orange county area so there are tons of dealerships I can look into, but wanted to get initial thoughts on this deal. Any feedback is appreciated...also, if anyone knows any dealers that can do better, please let me know! Thanks for the help in advance guys!
Also, what is the selling price & MSRP of the new coupe that you're getting. Does your price include TTL?
Dam... I knew I was going to forget something.. So just looking at KBB, my car with 15k miles is valued at about $28000 in excellent condition.. My residual should I want to buy out my car at the end of my lease (Jun 2014) is about $25000...
MSRP of the coupe I'm looking at is $45k.. when i was speaking to the rep, i made the mistake of not working the selling price and jumped straight into the monthly payments that fit my budget. hopefully this gives more insight to my situation.. if theres anything else I'm missing, jet let me know. thanks!!!
MSRP of the coupe I'm looking at is $45k.. when i was speaking to the rep, i made the mistake of not working the selling price and jumped straight into the monthly payments that fit my budget. hopefully this gives more insight to my situation.. if theres anything else I'm missing, jet let me know. thanks!!!
If they buy your car then you don't have to worry about rolling over any payments which is awesome. As for your current deal I think you have a great deal but I would try to lower that monthly payment a bit! I had 5 payments left on my lease and they rolled over 2 of them into my new lease at $489x2. If it wasn't for that almost $1000 I'd get away with $1200 down $389/mo msrp $50,755 @10k year
Thanks for the response..I'm definitely gonna try to work down that monthly, but I'm not sure what to aim for. I'm also considering an IPL and if it was possible to get the same deal on that car (6mt), I would do it in a heartbeat, I just don't think it's realistic. Maybe I'm wrong, but I doubt I could pull that off.. I like the way the IPL looks stock, but don't know if it justifies the increase..that red interior is pretty amazing too...
Thanks for the responses guys!
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Since you already have an Infiniti tell them you want your $1000 loyalty cash applied against the $1100 drive off. I ended up doing that with my 2012 coupe 6mt and came $0 out of pocket.
Nice..I will make sure to bring that up..still hoping to lower my current payment if possible so may still put money on top of that loyalty cash..u mind if I ask wut ur monthly payment is? And for wut terms/miles?
So from the IFS website, it says my payoff quote is $30,300..not sure how this works..I'm assuming this is the amount I would need to pay to buy the car outright at this point...so if that's the case, seems like I would have negative equity in the car based on the kbb value of $28k..
if you have negative equity the question is will the dealer really get you into a new G without having that negative equity roll into the new car? I wouldn't have high hopes for that. I did that once but it was about a couple hundred bucks...
you have to think about your new car also if you're getting 465 before or after tax if its before then you might be running about 500/month for 39 months which is around 20k for the lease and tell them to tell you what is the residual after 39 months, if it's a huge margin then i honestly wouldn't take it. Once I was at BMW going for a 335i and they quoted me 800/month with 8k down for 36 months with the resiudal being 20k and the OTD price was 44k....-_-


