Just got a lease offer on a Vert. I think is very good but I want opinions.
02-17-2010 | 02:55 PM
#16
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From: Riverside, CA
What was the MF drop? I know it saves you some money, but you are also tying up money $5000 for 39 months. Put that 5K in a bank or invest it in a CD for that time and make money. Don't loan it to Nissan. That's just me.
02-17-2010 | 04:09 PM
#18
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Over the 36 months lease (in my case) I save $2,448. If you put this money in the best 3 years CD you can find, you will get $340 in interest. Which one is better?
02-17-2010 | 05:17 PM
#20
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From: Riverside, CA
Most people don't have a free 5K around to loan to a bank like that. I understand they lower the rate, but from what. For me $20/month and keeping money in my hands is a better thing.
02-19-2010 | 04:47 PM
#22
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From: Miami, FL
each security deposit drops the MF by .0001
MSDs are great because they save you more than you could ever make in interest if you left the money in your bank.
And if you don't have $5k laying around, probably not a smart financial decision to go buying a $45k car...
MSDs are great because they save you more than you could ever make in interest if you left the money in your bank.
And if you don't have $5k laying around, probably not a smart financial decision to go buying a $45k car...
02-24-2010 | 04:02 PM
#23
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From: Riverside, CA
Money laying around and money for a car aren't the same thing.
02-25-2010 | 01:10 PM
#24
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From: Miami, FL
You are right... typo, but you know what I meant...
Point is MSDs are more profitable CDs, with a maturity of 3 years...
If you make more money than 15% guaranteed from somewhere else, be my guest...
Point is MSDs are more profitable CDs, with a maturity of 3 years...
If you make more money than 15% guaranteed from somewhere else, be my guest...
03-09-2010 | 08:03 PM
#25
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got this quote a couple of weeks ago for a convertible with premium, wood trim, wheat int., 19" tire pkg, rear wind deflector, splash guards:
MSRP= $49,905
invoice= 45,812
my price with VPP A code= 42,850
lease deal: $460/mth for 39 mths and 10K miles/yr.
$0 down, and $1,400 up front for fees and first mth payment + $4,400 refundable MSDs for total upfront of $5,800.
Money Factor= .00175
residual= 61%
gross/net residual= $30,442
this was an excellent deal.
MSRP= $49,905
invoice= 45,812
my price with VPP A code= 42,850
lease deal: $460/mth for 39 mths and 10K miles/yr.
$0 down, and $1,400 up front for fees and first mth payment + $4,400 refundable MSDs for total upfront of $5,800.
Money Factor= .00175
residual= 61%
gross/net residual= $30,442
this was an excellent deal.
If your lease payment was +-$30 more without the MSDs, it's a break even and you get to keep your money.
Just my opinion.
03-10-2010 | 03:58 PM
#26
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A. where do you find a safe investment at 8%?
B. if you invest your money you still do not have it for the time is invested and the Financial Institution you give it to, is using your money same as Infiniti.
C. the savings on the lease amount to about 10%
B. if you invest your money you still do not have it for the time is invested and the Financial Institution you give it to, is using your money same as Infiniti.
C. the savings on the lease amount to about 10%
03-11-2010 | 09:45 PM
#27
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From: Ohio
I know I'm late to the party on this one, but I'm shocked that you guys are giving Infiniti $4,400 of your money to essentially use for free for the lease period. A modest 8% return on that amount, well invested, would earn you at least $1,200 over the lease period.
If your lease payment was +-$30 more without the MSDs, it's a break even and you get to keep your money.
Just my opinion.
If your lease payment was +-$30 more without the MSDs, it's a break even and you get to keep your money.
Just my opinion.
i think it's been said earlier in this thread that MSDs actually save you $$ on the lease amount besides shaving $$ off the monthly payment. you're reducing the overall cost of the lease.
and getting $$ at the end of the lease sure is nice for a change.
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