Post by
Sam K »
https://forums.nicoclub.com/sam-k-u34951.html
Wed Dec 07, 2005 9:49 am
I just got a great deal my M45 Sport with journey, tech, aero and full size spare. Basically I got the car at invoice price. MSRP was $57,990 and cap cost on my lease was $52,785. Invoice price from edmunds.com was $52,804. When I was signing the lease papers, the finance manager at the dealer confirmed the edmunds invoice price when he showed me the actual invoice. I did a 39 month, 12K miles/year lease from Infiniti Financial Services with no money down. The monthly payment is $695 which includes 8.625% sales tax. I only paid $1496 out the door which includes first payment, bank fee, dmv fee and document fee. I didn't have to pay a security deposit because of tier 1 credit. For people that like to do the math, the money factor was 0.00177 and residual percentage was 59%. Originally I was on the market for an M35 Sport with those same options that I got but when the dealer made me the offer on that M45 Sport, I couldn't resist.
I think they gave me such a good deal because I took a car that they had in stock. If you can find a dealer with the car that you want, you shouldn't have a problem getting it for between $500 and $1000 over invoice price. I hit all the car websites online and had them refer me to dealers in my area. When I was I had several dealers in the NY/NJ area offer me cars between $500 and $1000 over invoice.
JerseyEd25, I was told that the 1.5% dealer holdback is on the base MSRP (i.e. base price without options), not the invoice price. Maybe the info I got was incorrect.
Innerloop is right. Infiniti is much cheaper to lease than a Lexus, at least through Lexus Financial Services. I had leased 2 Lexus GS300's prior to my Infiniti and this time around it would have cost me more money to lease a 2006 Lexus GS300 with Lexus Financial Services than it did to lease my M45 Sport.