2012 G37 coupe 6MT lease -- good deal?

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Old 05-15-2012, 10:13 PM
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2012 G37 coupe 6MT lease -- good deal?

Not sure whether to put this in my Camaro 6MT thread or start a new thread since the Camaro is out of the running now and I've pretty much decided on the G37 (Mods please merge with my other thread if you think it belongs in there instead)

I went by the Infiniti dealer today after I decided I may be open to leasing even though I haven't made a final decision yet on whether to continue to look for a preowned 09+ or go ahead and lease a 2012.

Infiniti.com has an offer for the 6MT Sport Coupe $371/month ($393.26 with taxes in my county) 39 months @ 10K miles a year. I have 59,300 miles on my 05 TL which averages out to 8,000 miles/ year. But, I still told the dealer up front that 10,000 was probably too few so they offered me the following on the same car with 15,000 miles / year

List price: $45,295.00
Cap Cost: $42,569.00
Acq Fee: $700.00
Doc Fee: $599.00
Cap Reduction Tax: $144.00
Cap reduction: $2400.00
First Payment: $480.58

Net Cap Cost: $41,677.00
Net Residual: $24,459.30

Money Factor: 0.000180
Monthly Rent: $11.90
Monthly Depreciation: $441.48
Monthly Sales Tax: $27.20
Monthly Payment: $480.48

According to Edmunds, the invoice on this car is $42,102 so based on that it appears they are charging only $500 over invoice (the other fees are still extra)

So I then compared the numbers $393 @ 10K/year, vs. $480 @ 15K/year and it looks like they are trying to charge me $0.20 a mile which seems high considering that Infiniti charges $0.15 mile if you go over. I did the same numbers with $0.15/mile and I come up with $455/month (including taxes)

$480/month is high, but do you guys think $455/month is a good deal or could I do even better?

As far as my Acura goes, this deal is without trading my TL in to them. I was thinking I would just sell my TL to Carmax (was offered $13,000 for it) use some of the money to pay the Cap reduction on the lease and pocket the remaining cash.

Last edited by WdnUlik2no; 05-15-2012 at 10:19 PM.
Old 05-15-2012, 10:57 PM
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Can't help on lease advice because I don't do them. The reason is simple...look at your choices with your current TL. You won't have those choices at the end with the rental. But whatever works best for you is most important.

Good luck with the G Coupe though. They are very nice. I'll probably go drive one for kicks on Thursday.
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Old 05-15-2012, 11:11 PM
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I never do lease so can't give you any advice, but good luck man!
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Old 05-16-2012, 07:11 AM
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This is why I love this site! Honest opinions

I slept on it, and you guys are right. I think I may be getting ahead of myself here. As much as I loved the 2012 G37c, that is really a little over my budget, especially for a lease. If that was a purchase, then it wouldn't be that bad. But with the lease I would be paying for depreciation and would have 0 equity in the car after 39 months. A lot of money to throw away and not have anything to show for it unless I purchase the car at lease end for $25,000. But I figure even if I don't lease that car, after 39 months, I would be still be able to purchase that particular car for that price around that price anyway and save the $18000 in payments.

I'm sticking with a G37 (sedan or coupe), but it will be preowned and I would be able to use all the cash I get for my TL as a down payment to put my payments in a very comfortable range and have some equity in the car from day one.

If I wasn't so set on a manual I could pick an automatic navi up today, but manuals with navis in those cars are so hard to come by in my area. I see a manual Sedan Sport Navi for a very good price about 30 miles away from me which may be a great choice for me. Great miles as well and very similar to my TL, 6MT Navi.

http://www.autotrader.com/cars-for-s...21644853&Log=0

What do you guys think??

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Old 05-16-2012, 08:04 AM
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If you're willing to get it from NY, I can get you a ridiculous deal on a new G37 too..
Old 05-16-2012, 08:07 AM
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How ridiculous are we talking?
Old 05-16-2012, 08:44 AM
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Originally Posted by Shoofin
If you're willing to get it from NY, I can get you a ridiculous deal on a new G37 too..
Yeah....do tell. I'm fawkin tired of car shopping.
Old 05-16-2012, 08:50 AM
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Originally Posted by WdnUlik2no
This is why I love this site! Honest opinions

I slept on it, and you guys are right. I think I may be getting ahead of myself here. As much as I loved the 2012 G37c, that is really a little over my budget, especially for a lease. If that was a purchase, then it wouldn't be that bad. But with the lease I would be paying for depreciation and would have 0 equity in the car after 39 months. A lot of money to throw away and not have anything to show for it unless I purchase the car at lease end for $25,000. But I figure even if I don't lease that car, after 39 months, I would be still be able to purchase that particular car for that price around that price anyway and save the $18000 in payments.

I'm sticking with a G37 (sedan or coupe), but it will be preowned and I would be able to use all the cash I get for my TL as a down payment to put my payments in a very comfortable range and have some equity in the car from day one.

If I wasn't so set on a manual I could pick an automatic navi up today, but manuals with navis in those cars are so hard to come by in my area. I see a manual Sedan Sport Navi for a very good price about 30 miles away from me which may be a great choice for me. Great miles as well and very similar to my TL, 6MT Navi.

http://www.autotrader.com/cars-for-s...21644853&Log=0

What do you guys think??


Are you going to trade your TL in on this car you have listed? The dealer should give you good $$$ for your TL. Maybe you'd end up financing $17 -18K. That should probably get you in a comfortable payment range.

Or....maybe you could PM Inspector Gadget for more info.

Old 05-16-2012, 09:19 AM
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Originally Posted by pttl


Are you going to trade your TL in on this car you have listed? The dealer should give you good $$$ for your TL. Maybe you'd end up financing $17 -18K. That should probably get you in a comfortable payment range.

Or....maybe you could PM Inspector Gadget for more info.

Carmax has offered me $13000 and the best any dealer has done is $12300 (Hyundai) and the worse was $10000 (The Infiniti dealer I went to yesterday).

I would probably sell my TL to Carmax; take the cash and put that towards the down payment. Using the full amount, I could get my payments around $270 - $280 which would fit right into my budget. The most I feel comfortable financing is no more than $19,000 so with my full down payment I could get in that range.

I calculated I could reasonably afford to spend about $420/month for a car along with my other expenses, so $270 - $280 would be great especially with no extra cash out my pocket.

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Old 05-16-2012, 12:35 PM
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Get it from Shoofing dude.
Old 05-16-2012, 12:45 PM
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I would think the deals would be better on a G37C.

It's not like they are in demand.
Old 05-16-2012, 05:16 PM
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Originally Posted by Moog-Type-S
I would think the deals would be better on a G37C.

It's not like they are in demand.
I think good deal and infiniti = oxymoron.
Old 05-16-2012, 06:06 PM
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Originally Posted by WdnUlik2no
Carmax has offered me $13000 and the best any dealer has done is $12300 (Hyundai) and the worse was $10000 (The Infiniti dealer I went to yesterday).

I would probably sell my TL to Carmax; take the cash and put that towards the down payment. Using the full amount, I could get my payments around $270 - $280 which would fit right into my budget. The most I feel comfortable financing is no more than $19,000 so with my full down payment I could get in that range.

I calculated I could reasonably afford to spend about $420/month for a car along with my other expenses, so $270 - $280 would be great especially with no extra cash out my pocket.
Good idea. If you go with a FCU you could get an interest rate of 4% or so assuming you have good credit score. At least at the end of the day you would own the vehicle and have something to show for your payments.

Leasing can make sense if one is doing it through their business and writing it off as a business expense. A second scenario would be a buyer with car ADD who likes changing cars every 3 years. Having to privately sell his car every 3 years may not be worth the time and hassle. Some companies like BMW have very attractive money factors, I think a lot of BMW owners get into the brand by leasing.

On F-chat and 6speed, the general mantra is get the newest car you can afford in cash. High-end cars and exotics are for the most part toys to be paid for with disposable income so this makes sense to some extent. Interest rates on car loans are so low right now, IMO you are doing the right thing financing your car and paying down the principal with the TL cash
Old 05-16-2012, 09:52 PM
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Originally Posted by pttl
Yeah....do tell. I'm fawkin tired of car shopping.
Well, put it this way, I'm delivering a 2012 G37x 4 door, premium, nav, wood, 24 mos/12k miles for $399/month tax included to my cousin either tomorrow or Friday. Total out of pocket, 1st month, bank fee and dmv, about $1,500 total upfront. MSRP is $44,485 FYI

Programs on the 4 door is a bit better than the 2 door, FWIW.
Old 05-24-2012, 01:40 PM
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Grrrr I think I may have to give up my search on the elusive 6mt navi g37s unless I go out of state. The 6mt sedan I posted a link to earlier sold literally hours after I posted it. Probably the only 6mt g37 sedan in the southeast it seems.

The only one I see that wouldn't require a trip out of town is at carmax, but they are extremely overpriced with no haggling allowed, so unless I am willing to go to NY to take Shoofin up on one of his deals, I may just have to settle for an auto navi. The fact the autos get better mpg than the manuals is an advantage I guess but I was really set on a stick. decisions... decisions...

I drove an 09 maxima navi yesterday it was nice and loaded with features but just didn't feel right. I think I'm sold on the g37 in terms of total package. I can't think of any other car I would consider at this point.

Something is telling me to be patient, but my brother's bmw 3-series died completely on him out of town yesterday and now he needs a new car. I feel if I wait too long, my TL will do the same to me then id really be screwed...
Old 05-24-2012, 02:15 PM
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IMO, infinitis dont lease very well. and that is not a good lease deal. thats A5 money.
Old 05-24-2012, 02:21 PM
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Originally Posted by WdnUlik2no
...

According to Edmunds, the invoice on this car is $42,102 so based on that it appears they are charging only $500 over invoice (the other fees are still extra)

...
That you know of. Special dealer incentives come across the sales managers desk weekly.

Originally Posted by ThermonMermon
IMO, infinitis dont lease very well. and that is not a good lease deal. thats A5 money.
Nissan resale value is HORRIBLE. Might be better to lease than trade up in the long run.
Old 05-24-2012, 02:47 PM
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Originally Posted by WdnUlik2no
Something is telling me to be patient, but my brother's bmw 3-series died completely on him out of town yesterday and now he needs a new car. I feel if I wait too long, my TL will do the same to me then id really be screwed...


why are you comparing the reliability of a german car to a japanese car. your TL will be fine. as long as all regular maintenance has been done, you should have nothing to worry about.
Old 05-24-2012, 02:58 PM
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yeah I had already nixed the leasing idea shortly after I made the original post. I was talking about purchasing a preowned late model in my most recent posts.

I wanted my 05 TL to be my last car or at least until 120k miles, but way too many unacceptable problems and quality issues for my liking. It has turned out to be very unreliable car and I only have 59k on it now.

I'm not really concerned about resale in another car as I am with reliabilty. I am planning on keeping it for well over 100k miles and won't consider getting rid of it unless it turns out like my TL.

The Infiniti G seems to be the best fit for me.

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Old 05-24-2012, 03:20 PM
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Originally Posted by mrstak


why are you comparing the reliability of a german car to a japanese car. your TL will be fine. as long as all regular maintenance has been done, you should have nothing to worry about.
I wish that were the case, but unfortunately it is not. I'm on my phone right now so it would take too long to go into detail, but I've been following the mantainence religiously and at the dealer but still way too many issues with quality.

1. two door lock actuators needed replacing (fixed myself)
2. cruise control switch on steering wheel no longer "catches", $200+ to fix.
3. Center console retractable cover spilt in 5 places, (fixed myself)
4. Lights on some buttons on navi went out though (dealer wants 300+)
5. axles need replacing twice (under warranty)
6. Back cover of seat came off (under warranty)
7. Two battery replacements (under warranty) finally replaced with non acura battery.
8. Poor "leather" seat quality
9. Power steering rack needed replacing.
10. gear shift would occasionally pop out when shifting to third, (finally fixed under TSB after countless trips to dealer)
11. Most recently, my APP sensor went bad, causing me to lose all accelerator power while driving, had this happened on the highway it had serious accident written all over it. I got it fixed, but this was the final straw for me.

There is a little more but my finger is getting tired

I bought an Acura because I thought they were reliable; my dad had a Legend coupe back in the 90's and that thing lasted forever; well over 250k miles.

Sad to say my TL hasn't been as fortunate, and after my personal experience with it, my first Acura will also be my last. I would like to think that I am just an extreme case, but so many others have similar problems with their Acuras; in fact one of my dad's car now is an 04 RL which he bought brand new and two days later it was in the repair shop for automatic seat issue. In my case it doesn't seem that the Acura quality is there anymore like it was in the old days. I'll never buy another Acura again.

I'm also not sure if my TL can be considered Japanese, if I remember correctly, the window sticker indicated that most (forgot the actual percentage) of my car was made in Michigan

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Old 05-24-2012, 04:07 PM
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Originally Posted by ThermonMermon
IMO, infinitis dont lease very well. and that is not a good lease deal. thats A5 money.
Are you nuts? An A5 is no less than close to $600/month with minimal out of pocket...
Old 05-25-2012, 12:31 AM
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OP, two years into ownership with my Infiniti and no major issues. My driver seat heater switch was binding, a few rattles, tranny tcm update done (another one is due), but mine is a 7AT. That's actually it.

My '06 TL at 2 years into it had rattles non-stop, right front door speakers replaced twice, door lock actuators replaced twice, the painted cover on the right rear by the door handle came off out of no where lol, XM radio antenna failed, brakes warped.

I kept the car another two years with even more issues, I guess my Honda fanboism was still in effect and I was close to paying it off, but when we were trying to merge on the freeway I pressed the throttle and there was no response, the car did not accelerate at all (the car was in drive, but yet revved like it was in neutral). That incident and the wanting of RWD pushed me into my G37.
Old 05-25-2012, 07:07 AM
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Originally Posted by Hapa DC5
OP, two years into ownership with my Infiniti and no major issues. My driver seat heater switch was binding, a few rattles, tranny tcm update done (another one is due), but mine is a 7AT. That's actually it.

My '06 TL at 2 years into it had rattles non-stop, right front door speakers replaced twice, door lock actuators replaced twice, the painted cover on the right rear by the door handle came off out of no where lol, XM radio antenna failed, brakes warped.

I kept the car another two years with even more issues, I guess my Honda fanboism was still in effect and I was close to paying it off, but when we were trying to merge on the freeway I pressed the throttle and there was no response, the car did not accelerate at all (the car was in drive, but yet revved like it was in neutral). That incident and the wanting of RWD pushed me into my G37.
Wow, something on my rear door handle came off too, but luckily for me, it was laying on the ground in the parking lot at my job, so I just super glued it back on after I saw it kept coming off.

I too notice the non stop rattles when I have the radio off and my sub woofer buzzes excessively.

What really concerns me is the issue described on the freeway; sounds just like my issue with the accelerator; no power at all when pressing the pedal. I am glad you are ok; that could have caused a serious accident if someone was tailgating you.

I think I better go ahead and get out this car and just settle for an auto g37. I'll drive an auto today and see how I like it.

After hearing your stories with your TL, it just reinforced my opinion that the quality of the 3G TL is crap.

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Old 05-25-2012, 08:35 AM
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Originally Posted by Shoofin
Are you nuts? An A5 is no less than close to $600/month with minimal out of pocket...
last time i checked they were advertising 429 w/ <$3,000 down
Old 05-25-2012, 10:30 AM
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Originally Posted by WdnUlik2no
I wish that were the case, but unfortunately it is not. I'm on my phone right now so it would take too long to go into detail, but I've been following the mantainence religiously and at the dealer but still way too many issues with quality.

1. two door lock actuators needed replacing (fixed myself)
2. cruise control switch on steering wheel no longer "catches", $200+ to fix.
3. Center console retractable cover spilt in 5 places, (fixed myself)
4. Lights on some buttons on navi went out though (dealer wants 300+)
5. axles need replacing twice (under warranty)
6. Back cover of seat came off (under warranty)
7. Two battery replacements (under warranty) finally replaced with non acura battery.
8. Poor "leather" seat quality
9. Power steering rack needed replacing.
10. gear shift would occasionally pop out when shifting to third, (finally fixed under TSB after countless trips to dealer)
11. Most recently, my APP sensor went bad, causing me to lose all accelerator power while driving, had this happened on the highway it had serious accident written all over it. I got it fixed, but this was the final straw for me.

There is a little more but my finger is getting tired

I bought an Acura because I thought they were reliable; my dad had a Legend coupe back in the 90's and that thing lasted forever; well over 250k miles.

Sad to say my TL hasn't been as fortunate, and after my personal experience with it, my first Acura will also be my last. I would like to think that I am just an extreme case, but so many others have similar problems with their Acuras; in fact one of my dad's car now is an 04 RL which he bought brand new and two days later it was in the repair shop for automatic seat issue. In my case it doesn't seem that the Acura quality is there anymore like it was in the old days. I'll never buy another Acura again.

I'm also not sure if my TL can be considered Japanese, if I remember correctly, the window sticker indicated that most (forgot the actual percentage) of my car was made in Michigan
wow i had no idea you went through that much trouble. whatever car you decide to get i hope it's a lot less headache than this TL was for you. afaik, your model TL was made in US. TSX and RL are made in japan.
Old 05-25-2012, 11:56 AM
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Originally Posted by WdnUlik2no
Wow, something on my rear door handle came off too, but luckily for me, it was laying on the ground in the parking lot at my job, so I just super glued it back on after I saw it kept coming off.

I too notice the non stop rattles when I have the radio off and my sub woofer buzzes excessively.

What really concerns me is the issue described on the freeway; sounds just like my issue with the accelerator; no power at all when pressing the pedal. I am glad you are ok; that could have caused a serious accident if someone was tailgating you.

I think I better go ahead and get out this car and just settle for an auto g37. I'll drive an auto today and see how I like it.

After hearing your stories with your TL, it just reinforced my opinion that the quality of the 3G TL is crap.
The 7AT is not without its flaws. The '12s have different programming from the '09-'11s. Most '12 owners are not reporting any of the issues the previous years are. So if you're going auto, I'd go with a '12.

There is a flaring between 2nd-3rd or 3rd-4th present due to the software, resolved in the '12s. Also while slowing down the transmission will harshly downshift, resolved in the '12s to my knowledge as well. Also sometimes a lag when accelerating out of a corner (partially throttle) the car is not as responsive. People drive their vehicles in "DS" mode to solve the issue, however I do not find that as an acceptable solution, the car should work regardless in D or DS.

There are members with over 100k on their 7AT. The transmission itself is fine, it's really a software issue.

http://www.myg37.com/forums/g37-seda...reprogram.html for your reading pleasure.

Feel free to PM if you have any questions about the car.
Old 05-25-2012, 11:58 AM
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Originally Posted by mrstak
wow i had no idea you went through that much trouble. whatever car you decide to get i hope it's a lot less headache than this TL was for you. afaik, your model TL was made in US. TSX and RL are made in japan.
Ohio build, it came off the same line as the Accord. I don't know why the 3Gs had so many issues. I still really like the car and even looks sharp 8+ years after introduction.
Old 05-25-2012, 03:41 PM
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FWIW, I think the best way to own an Infiniti is to buy it new and run it into the ground. My dad is in the process of doing precisely that as we rack up the miles on an I35 (rebadged Maxima) bought many years ago brand new.

I briefly looked at G35s when I bought my TSX, but on the used market at the time they were a bit beyond my budget for the current generation. And if you time your purchases right, you can get a deal on a leftover near the end of the year, though I think Infiniti is trying to blow out G models right now, as previous posts from Shoofin seem to indicate.
Old 05-25-2012, 04:43 PM
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Yeah, looks wise it is aging very well. Not tired of the body style yet. Just tired of the issues. I'm in a infiniti dealer now two deals on table

09 g37c 6mt $32,900 certified used sport navi; it needs new tires, but they said they will do that. Not budging from $32,900 though. out the door price $35,864

2012 g37 sedan sport package, navi (my choice; stick or auto) $43,805 sticker, $5,500 memorial day discount, out the door $41,648.

So with the discount on the 2012, I'm only saving $5000 by getting an preowned 2009 coupe over a 2012 sedan.

Do any of these numbers seem good? May consider a preowned 2011, but don't think there will be too much savings over a new one.
Old 05-25-2012, 06:02 PM
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What are they offering you on trade for the TL? Looks like a decent deal on the '12, price before TTL? Since taxes are different all over.
Old 05-25-2012, 06:05 PM
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With used car prices, I'd go for the new car, considering the difference. But 5K is gonna up your payments a good bit. So it really depends on what you're comfortable spending each month.
Old 05-25-2012, 11:20 PM
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Oh yeah one more thing, is it premium, nav, and sport packages I'm assuming for that price?
Old 05-26-2012, 01:04 AM
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They are only doing $11K for my car, so I'll have to sell at carmax to get more money. Yes the sedan is premium package, navi, and sport package. Very nice car. I like it, they insisted I take it home to try it out. $5000 more puts about 96 extra on my payments, but still less than what I paid on my tl new with about 20% down and 4.08 interest rate, infiniti is going to give me 1.9 on the '12.

Not sure im going to do it though, ill have to come out the pocket some extra money to get my payments where I wanted them. Seemed like a pretty good offer though for brand new. Just wanted to make sure what you guys thought of the deal if I did go new. That $5500 discount eats a lot of the negative equity hit I would take driving it off the lot which was one reason I was avoiding new.

Last edited by WdnUlik2no; 05-26-2012 at 01:09 AM.
Old 05-26-2012, 01:08 AM
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Infinity leases are pretty good right now. You are better off leasing than financing.
Old 05-26-2012, 01:20 AM
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I would definitely go new over used in this situation. That deal seems solid. Make it happen brah.

FWIW, this was two years ago mind you... I got 16K for my '06 TL with 70K on it. They gave me 1.9% over 60 months and sold me car for $36,600+ TTL G37S premium, nav and sport. Since then the G25 was introduced and Infiniti bumped G prices about $2.5K across the board.
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Old 05-27-2012, 08:24 AM
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Went back yesterday to return the car and decided I liked another color combo better than the White on Stone I took home. Saw a Liquid Platinum on Graphite I really liked. They went down some more to around $37,500 + TTL (don't have the actual numbers in front of me at the moment). Plus after talking to the General Manager she got them to give me $12,300 on my trade vs the original $11,000 they offered. Carmax offered $13,000 but with the tax savings I realize on just trading it in to them, it comes out to close to the same, plus it saves the hassle of me going to Carmax and waiting on them to cut the check.

Really was set on the 6MT, but very hard to find and no one seems to have them on their lots. At this point, I believe I would good with an 7AT; because there is the slightly better gas mileage and I really like the paddle shifters that come on the sport package.

The monthly payments they quoted me yesterday were with me putting $15,000 down ($13,000 from selling to Carmax on my own plus an additional $2,000 out my pocket). Now I am slightly below those monthly payments with me just trading my car in to them (no additional cash out my pocket). I was really wanting a deal where I could just trade my car and just sign an drive and only have to pay the monthly payments and it looks like they got it done.

More details coming soon...

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Old 05-27-2012, 09:15 AM
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So, what did you end up getting?
Old 05-27-2012, 10:51 AM
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^+1
Old 05-28-2012, 03:50 PM
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I'm just waiting for his "I bought a 5.0" thread.
Old 05-28-2012, 06:05 PM
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Originally Posted by ThermonMermon
last time i checked they were advertising 429 w/ <$3,000 down
probably car that does have no option whatsoever, and doesn't exist.

$3000 down as in total out of pocket, or before TTL?

A4, you are looking around $450+
A5, you are looking around $530+
A6, about $ 650+
A7, about $900+
A8, about $1300+

You WILL not find any A5 for $429, unless, you put down shit load of money... which is stupid to put $2000+ down on a lease.


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