Buying & Leasing Interested in getting a G37? Ask your Questions in here.

Good deal or no?

Old Jul 23, 2013 | 02:16 PM
  #1  
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Good deal or no?

as the title says, is this a good deal on a 2013 G37X with sport/nav/premium?

DUE ON DELIVERY ITEMIZATION GROSS CAP. COST ITEMIZATION
Documentation Fee: $80.00
Sales Tax @ 9.000% $63.00
1st Month Payment: $374.84
Acquistion Fee: $700.00
License Fees: $359.00
Government Fees: $8.75
TOTAL DRIVE OFF: $1,585.59
CASH DUE ON DELIVERY: $1,585.59
Vehicle Price: $39,988.00
GROSS CAPITALIZED COST: $39,988.00
MONTHLY PAYMENT DETERMINATION
Value of Vehicle + AMO's: $39,988.00
Gross Cap Cost: $39,988.00
Adj. Cap Cost: $39,988.00
Residual: $31,803.60
Depreciation: $8,184.40
Rent: $68.88
TOTAL OF BASE PAYMENTS: $8,253.28
# of Pmts: 24
Base Pmt: $343.89
Monthly Tax @ 9.000% $30.95
TOTAL PAYMENT: $374.84
Salesman told me MF=.00004

Any suggestions on getting these payments down?
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Old Jul 23, 2013 | 06:03 PM
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I do leasing. Ur being overcharged for plates. Acquisition fee is less than 700. The documentation fee is b.s. they're
Making good $$$ off u
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Old Jul 23, 2013 | 07:24 PM
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Thanks joe6mtt. So, i should try to get those fees reduced or waived. I have personalized plates from my previous car, doesnt that mean that I just need to reactivate them?
How about the rest of it, look good? from what I can gather, the MF is good, so if I put down 4 MSDs ( 1600) I should be able to get the payments down to ~300/month.
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Old Jul 24, 2013 | 02:40 PM
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Originally Posted by medracr
as the title says, is this a good deal on a 2013 G37X with sport/nav/premium?

DUE ON DELIVERY ITEMIZATION GROSS CAP. COST ITEMIZATION
Documentation Fee: $80.00
Sales Tax @ 9.000% $63.00
1st Month Payment: $374.84
Acquistion Fee: $700.00
License Fees: $359.00
Government Fees: $8.75
TOTAL DRIVE OFF: $1,585.59
CASH DUE ON DELIVERY: $1,585.59
Vehicle Price: $39,988.00
GROSS CAPITALIZED COST: $39,988.00
MONTHLY PAYMENT DETERMINATION
Value of Vehicle + AMO's: $39,988.00
Gross Cap Cost: $39,988.00
Adj. Cap Cost: $39,988.00
Residual: $31,803.60
Depreciation: $8,184.40
Rent: $68.88
TOTAL OF BASE PAYMENTS: $8,253.28
# of Pmts: 24
Base Pmt: $343.89
Monthly Tax @ 9.000% $30.95
TOTAL PAYMENT: $374.84
Salesman told me MF=.00004

Any suggestions on getting these payments down?
Doubt you'll be able to get the MF to be even lower. If that really is the MF they are giving you. Maybe one or two MSD could make your interest be at 0% but I would focus more on getting rid of some of those fees they are charging you.

Also wtf is the Rent cost??
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Old Jul 24, 2013 | 02:50 PM
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yeah. I'm not sure what the norm would be for acquisition fee, or license fees? If someone could chime in, I could use the info.
As for the MF, I used the formula in one of the threads in this forum, 2400xMF=Interest and got 0.9%. I plugged that in, along with all the other values here, to multiple lease calculators online and got the same payments as above. With 1600, or 4 MSDs, my payments go down to ~300/month
So, how to get those fees down??
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Old Jul 24, 2013 | 02:55 PM
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You said the MF is .00004 which would make your interest at .096% unless you meant the MF was .0004

That extra 0 makes a big difference lol

Also try and get the price of the car reduced. Since you can't really negotiate on the residual try and get the over all price dropped a bit. As long as the difference between the total price and residual drops your payment will drop since you're paying less over the 24 month period.

If you're able to get the car dropped by about $988 you should hit right around the $300 mark per month prior to tax.

Last edited by Neiklot; Jul 24, 2013 at 03:00 PM. Reason: Math
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