So I am about 36 months into my lease. Buyout is $25.8k. It is a G37S Malbec Black with Graphite (Black) interior. Premium & Nav packages. Needs nothing (but I am getting a little worried about the battery). @22.5k miles. Tires have about 5k miles on them (PSS).

My feeling is that the buyout is a bit high. They were aggressive with the residuals to get the low lease payment - and yes, I have enjoyed that low lease payment. It's great - if you don't want to buy the car.

My wifes lease is already done - gone - she is in a new RX350 (we wanted more room when going out w/friends, had to carry something, etc)

Anyway - my problem is - nothing out there is pulling me in. Drove a Q50 yesterday again - it had DAS. Ehhh. I could say both good and bad about it - but it has been discussed at length and that isn't the real point here. Might drive a 'normal' Q50S w/high performance wheel/tire pkg - see if that helps.

UNFORTUNATELY - Infiniti Financial will not negotiate on the residual. Ultimately - they will lose money on the car - I assume they have a reserve set-up to handle the situation.

So - would you buy it? The good thing - I know the complete history (obviously). It has been very well taken care of. It DID go thru a horrendous hail storm - hood & trunk replaced as was rear glass.

Thoughts?

 

Seems like a good price for the car if it's a 2012 and you get the added bonus of knowing exactly what was done to the car. The question you need to ask yourself is there another car worth out there in that price range that will suit your needs (unless you plan on upping your budget).

 

Your buyout is about $1K more than mine, and I have every intention to buy my lease out come July.

Nothing really interests me, and I dont want to have to up my budget to try and get into a CTS-V, SS, M3, or S4.

 

Thanks for the replies...

When I over-think it, I start thinking I should get something else. Then I drive it...washed it today too.

We will see - time keeps ticking....

Thanks!

 

Well, I tend to look at car ownership at bit differently than most do so take this with a grain of salt. When I bought my 08 (in 2010), the car was 24 months into its lease (from another driver) and only had 18K miles on it. The car was a CPO and came with a residual two year 24,000 mile warranty. I paid 30,500 cash for the car and walked away. In your case you have made lease payments for 36 months so depending on how much your lease payments were, your likely into the car for over 10 grand at this point. Adding another 25 grand to the pot means you will have paid out at a minimum 35 grand for the car not figuring any finance and interest payments. Resale should figure in as well but will only make the calculations worse as you will have an 8 year old car (or older) by the time its paid off.

Therefore, from my perspective, I wouldn't have leased in the first place; then again, I don't finance car purchases either.

 

Thanks - grain of salt taken

I understand your point of view.

The way I see it - at this point, it doesn't matter what I've paid to date. I will need to do SOMETHING shortly....and the car I have been driving for the past 3 years will cost me $25.8k to purchase. I would write a check and call it a day - so no finance charges. Unfortunately I do have to pay tax...ugh.

Anyway - for that price - nothing is grabbing me. OR - I could easily roll into another lease...but even though there are many interesting cars out there, none are doing it for me. Infiniti is trying their hardest to entice me with a Q50S. Meh.....


Thanks again for the replies....

 

If you are happy with the car, you have the unique opportunity to buy a used car that you have driven since new and know the complete history along with upcoming maintenance. If you step into a used car you never know what you are going to get, and if you start a new lease you will lose all the money you have put in thus far and start fresh. Also, if you are paying cash for the residual, you will be driving a reliable car you like and own, and know the history of - without a monthly car payment. That's not a bad deal if you ask me.

 

Malbec, cool that you're in Southlake. I'm in that area fairly frequently.

I bought out a lease once but I won't ever do it again because the buyout was more than the car was worth. How many months are left on your lease?

I too love the Q50S and how it drives, however, I am hesitant to get into one because the power train is the exact same as what I've got now. I am waiting for the '16 model to see if they offer that 3.0L TT. That would be pretty sweet.

 

You know - the exact same powertrain doesn't bother me...well maybe just a little. I test drove a Q50S Hybrid on Saturday (that is different) - interesting science experiment! Ran pretty well. I was expecting to be wowed with the torque and/or the response. But...it didn't feel that much different - and didn't feel like it was worth the difference in $$.

My REAL end of lease is 3/28...but December seems to be the month to lease a vehicle if you are going to do it.

What brings you to Southlake? I work in Irving...so I crawl up & down 114 most days...

 

I have been quite curious about how the hybrid drove. I will have to drive one to see how I like it. My position is if I'm going to lay down that much coin, I want it to be a worth while upgrade like a significant savings on fuel. My lifetime expense for gas on the car is in excess of $15k. I was doing quite a lot of driving and have driven over $90k miles since I've owned the car (2010).

Yeah they're usually running quite a few specials around this time of year. I have enough minor nits with my current G37 that it's got me on the edge of upgrading in the next year or so, depending on what's on deck for '16.

Ah, I feel your pain! That traffic can be pretty brutal. I go to church out in Southlake so am out there pretty regularly. It's a freaking awesome town! I love that place.