Buying out the lease...painful
#1
Registered Member
Thread Starter
Buying out the lease...painful
If anyone wants to feel better about their lease or used car buy; I’m losing about $8k on my car buying it out. Infiniti called my bluff hard!
13 G37x Sedan built in 1/2014 - leased new from an FX (made $$$ on that deal).
Want nothing to do with the new lineup; and nothing really compares at $25k, even though the market says it’s only worth $16k still taking the plunge, going to long term this ride and maybe bury it.
Seems I’ll be in here more often!
just used this forum to fix a rattle on the windshield cowling...
13 G37x Sedan built in 1/2014 - leased new from an FX (made $$$ on that deal).
Want nothing to do with the new lineup; and nothing really compares at $25k, even though the market says it’s only worth $16k still taking the plunge, going to long term this ride and maybe bury it.
Seems I’ll be in here more often!
just used this forum to fix a rattle on the windshield cowling...
#2
Registered Member
Errrr, why not buy a CPO at market rate? Or perhaps you enjoy donating money to global corporations?
#5
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iTrader: (2)
I paid 21.5K when I bought my lease out, but that was 2012 when my 09 G37 Journey Sport with premium pkg was worth 25.5K. It made no sense for me to turn it in and buy CPO as they were selling for more. I only had 39K miles on it. At that time my rationale for buying out lease was that a fully loaded Honda Civic would cost me more. I agree with others you're paying too much because the car is not worth as much.
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#8
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Thread Starter
Now, buying another G, your right - but I had to put brakes on mine, new tires, and I know for a fact its solid and I know how I have driven it. I'll easily fork over a couple grand extra for that, my germs etc
If I give mine back and dont buy another new one I know they are going to find a way to hit me up for about $1k if not more (over mileage etc). Plus in that $8k I am factoring that I havent paid back IFS any property taxes for 3 years! Little trick by the way, and some idiot dealers will accidentally pay that off (they did it on my FX) when you "trade" it in.
Plus the prices on the new models (and the fact they are garbage) make me feel like I am ahead right now anyway. No way in hell I am going to give $55k+ for that Q60, whats the resale on that in 3 years? Uncomfortable and small.
I scored on a Pathfinder Platinum a few years ago; it was made without a sunroof for whatever reason and no one wanted it, so the way I see it I have two good cars that balance themselves out.
15 years ago I would be calling myself a idiot as well; but right now I just want a good car, sporty at times, comfortable etc, is worth the hit to me. $25k for a G, regardless of market conditions is a fair price for a good car.
#9
Registered Member
Thread Starter
Leasing is a game, sometimes you win, sometimes not - luckily I love the car so end of day, I feel better.
Going to bury this thing and never(?) buy another Infiniti again...Maybe in a few years I will get a used Viper and keep this as the best 3rd car ever
#11
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Thread Starter
But, in the end its a Ford, and I'll stick with the Infiniti for the same price.
My father has the newer TL SH AWD - hates it. Was too much (they still run $35k certified) and its missing a lot. To name some things its quick but the traction control really limits you at times and the transmission is garbage, plus its only at 300hp barely, probably more like 280 bhp tops. Then silly things like no power tilt steering, weird center console controls. Also the value on those around here is sinking too, everyone gets the TSX or RDX.
There was a Merc C350 AMG that I saw, but I did the merc thing years ago and I can't stand the service or maintenance.
Oh and on the turbo, eh, just no - something else that would need maintenance down the line - did it with my MazdaSpeed 3 tuner and CX-7; great turbo's but the concern is always there.
Last edited by Jonny5; 11-15-2017 at 09:57 AM. Reason: Turbo
#12
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iTrader: (3)
That is the ONE car (SHO) I did find locally certified that I briefly considered, and yes its around $25k almost exactly. Couple guys in their 60's at my work that have Taurus's, one is a SHO, just couldn't been seen in that group yet.
But, in the end its a Ford, and I'll stick with the Infiniti for the same price.
But, in the end its a Ford, and I'll stick with the Infiniti for the same price.
Who cares if a sample of guys who are in their 60s have SHOs
A $500 stage 1 tuned SHO would crush a G37 absent FI.
#14
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#15
Registered Member
iTrader: (1)
Yeah I lost about 8k on my last car. I wanted out of a highly modified car and traded it for my G. At the time I didn't care. I just wanted a different car. I almost always buy used cars but still end up wasting too much money modding. Next car is going to be done by the factory. Just got to wait for the used market to have what I want~ 4 Series....