End of lease questions

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l.i. bruce fan
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Joined: Fri Jun 30, 2006 4:57 pm
Car: Pontiac Grand Prix GT

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My 24 month lease on my 2006 g35x is almost up (about 3 months left); the lease/financing was thru Infiniti/Nissan Financial. Anyone have experience on what, if anything, they would be willing to do with the buyout?

The contract buyout price is near $26k, for that I wouldn't consider buying it. If they would move significantly, I'd really have to reconsider.

And if you have experience with this, who would I contact and when?

Thanks in advance for any input you may have.


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rn79870
Posts: 4807
Joined: Sat Nov 24, 2007 8:54 am
Car: 2008 G35 & 2005 Vette C6 vert.

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It really depends on what you want to do at the end of the lease. I've had leases before, although not with Infiniti. If you are planning on getting a new G, then they may work with you. If you're planning on getting a different car, then run the lease and return the car. I don't know how infiniti is for scratches, dings and mileage, but some companies look the car over carefully and start deducting. You're smart to start looking at your options now, and not waiting until the lease expires.

joe603
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Location: Atlanta

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Sean (G_Whizz) does the lease thing...I'm sure he'll post up soon.

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telcoman
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Car: Tesla 2022 Model Y, 2016 Q70 Bye 2012 G37S 6 MT w Nav 94444 mi bye 2006 Infiniti G35 Sedan 6 MT @171796 mi.
Location: Central NJ

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l.i. bruce fan wrote:My 24 month lease on my 2006 g35x is almost up (about 3 months left); the lease/financing was thru Infiniti/Nissan Financial. Anyone have experience on what, if anything, they would be willing to do with the buyout?

The contract buyout price is near $26k, for that I wouldn't consider buying it. If they would move significantly, I'd really have to reconsider.

And if you have experience with this, who would I contact and when?

Thanks in advance for any input you may have.
INMHO the best G is a 6sp manual G.Unless they are willing to give you a super discount let them take it and get a new one. Start shopping now and negotiate price only. I wouldn't even show up at an Infiniti dealer in your current car. After getting a good price on a new one then you can consider whether to take the lease car & then trade it in?Just my $.02

Telcoman

Jacko3
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bruce fan:

You are getting great advices here! Pay attention to them.

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G_whizz
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Joined: Thu Mar 09, 2006 5:34 am
Car: 2010 G37 Coupe Sport
Location: Canada eh

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It all depends. Does it make more sense for you to lease? Eg... do you write the car off for business purposes?

Do you lease because the lower monthly payment makes it easier for you to own a G?

Are you the type of person that likes to change their cars every 4 years?

I have personally never bought out one of my leased vehicles. I have no doubt that if you were looking to buy out the car... they SHOULD cut you a deal.

But I have returned my leased vehicle and gotten a great deal on my next one.

Even if you decide to lease another one through them... they should still cut you a deal.

I had a 4 year lease on an 05. two years into it, they called me up and asked me if I wanted to trade in the 05 for the 07 for $100 less a month!

Read this http://www.investopedia.com/ar...5.asp



D

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gwoods
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What are you guys paying a month for your lease? I'm buying mine for $550 a month over 5 years, zero down.

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telcoman
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Car: Tesla 2022 Model Y, 2016 Q70 Bye 2012 G37S 6 MT w Nav 94444 mi bye 2006 Infiniti G35 Sedan 6 MT @171796 mi.
Location: Central NJ

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gwoods wrote:What are you guys paying a month for your lease? I'm buying mine for $550 a month over 5 years, zero down.
$550 a month times 12 = $6600yr times 5 yrs = $33,000

I bought mine outright out the door including tax and 4 yr NJ registration for $35k plus $1950 for the extended warranty good till 2012 plus I'll own it outright.It is cheaper in the long run to purchase plus I don't have to worry about how many miles I put on it.

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G_whizz
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gwoods wrote:What are you guys paying a month for your lease? I'm buying mine for $550 a month over 5 years, zero down.
REALLY different prices here... I pay $750.00 a month now for 4 year lease and 0 down. I don't worry about the km's as he hooks me up.

That price I pay a month will probably make you US guys and things like "ARE YOU NUTS" may come out of your mouth. But... you got to keep in mind... our prices are extremely different here. That price I pay was $80.00 a month cheaper then any other quote I got.

I think a new G cost you guys around 40K. Here ... they'll be between 50-55k.

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RiskyBusiness
Posts: 16
Joined: Sun Jan 20, 2008 5:31 am
Car: 2006 G35 Coupe 6MT

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$26K doesn't seem like a bad price in NC.

I hate to be stupid, but what is the X with a G35X?

I'm no longer stupid - 4 wheel drive

Jacko3
Posts: 2622
Joined: Wed Jan 09, 2008 6:55 am

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G_Whizz:

Exchange rate/arbitrage difference, I suspect as the cause of the price difference. I bought mine outright. How can I lease such a beautiful car? Impossible! Paid a handsome amount down and my payment is somewhere in the low $400s. By next year, when i refinance, it will probabaly be in the mid $300s. By 2010, i am looking at paying off whatever is left. So, I would have paid off my G in 3 years. After that, I am going completely F1 for 2 years, and then I will sell it. I only plan to keep the car for 6 years as planned. There will be a batter car by then


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Sentientbydesign
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Guys, did you hear that? Jacko said there will be a "BETTER" car in 6 years.

What blasphemy! lol jk.

I can't contribute because I bought mine used and I'm probably the only 6MT coupe owner on here that doesn't have the premium package


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