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2010-11 G37S Lease

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Old 02-19-2011, 02:06 AM
  #61  
avmba
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Ibanez540r,

Curious...with 10k/yr would you expect residual to be 63? 36 months and 10k would be 63%, so 62% at 39 months @ 10k seems spot on...
Old 02-19-2011, 02:17 AM
  #62  
gocats
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^^^

Hey brotha i am in AZ as well and just leased the same car you are looking at. My MSRP was 42620 i got them to sell me the car for 38500 and then i had the 1000 loyality on top of that. So my cap was 37500 12k miles .00111 MF and 61% (12k miles) I paid $1700 out of pocket ( first payment, acc fee, doc fee, tags) and my payment is $407 with tax.

Hope that helps.
Old 02-19-2011, 06:38 AM
  #63  
Chico
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Originally Posted by avmba
Ibanez540r,

Curious...with 10k/yr would you expect residual to be 63? 36 months and 10k would be 63%, so 62% at 39 months @ 10k seems spot on...
That is correct, 10K/36, 63%, residual decreases 1% going from 36 to 39.
Old 02-19-2011, 06:47 AM
  #64  
Chico
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Originally Posted by avmba
OK, here is where I am with negotiations. Thanks to Chico who really helped me in my negotiating and is a stand-up guy. I would have bought from him no questions asked if I was in the Northeast instead of PHX.

2011 G37s Sedan
Sport Package
Premium Package
Nav
Illuminated kickplates
trunk mat

MSRP $42,620

Invoice $39,916
VPP price $39,019

39 months
10k / yr
62% residual
0.00111 MF

I still need to work out final payment by getting all the up front fees (doc, license, etc.) but they are saying around $429. I need to verify this.

This deal is in AZ

thoughts? they are also going to throw in the rear decklid spoiler ($425 MSRP) for free along with free installation.
Hey buddy,
That invoice price seems very high. According to edmunds.com it should be around $39341. With the numbers you provided your payments should be $395 a month before taxes. What kind of monthly payment did they tell you?
Old 02-19-2011, 10:10 AM
  #65  
avmba
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They said aroudn $425 but I don't have some of the fees available yet (doc fee, licensing cost, etc) to put into the lease calculator to get the final #s.

gocats - which dealer did you use?
Old 02-19-2011, 11:27 AM
  #66  
Chico
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Originally Posted by avmba
They said aroudn $425 but I don't have some of the fees available yet (doc fee, licensing cost, etc) to put into the lease calculator to get the final #s.

gocats - which dealer did you use?
Are you rolling the fees? Normally those you pay upfront. What's your upfront payment?
Old 02-19-2011, 02:47 PM
  #67  
avmba
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MSRP $42650
Cap Cost $39019
Added costs $2443
Cap Red $2500
Adj Cap Cst $38962
Resid $26443
MF 0.00111
Term 39 mos
Sales Tax 9.1%

Added costs include
lic/reg $736
1st pymt $430
Cap Cost Red Tax $228
Doc Fee $449
Tire Tax $5
Ag Fee $595 (lease acqusition fee?)

Total = $2443 in costs shown above added to lease

Not included in this price (but received free) include rear decklid spoiler (installed), 2 years maintenance, all usual dealer crap like window tint and paint.

Does this help?
Old 02-19-2011, 03:31 PM
  #68  
Chico
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Originally Posted by avmba
MSRP $42650
Cap Cost $39019
Added costs $2443
Cap Red $2500
Adj Cap Cst $38962
Resid $26443
MF 0.00111
Term 39 mos
Sales Tax 9.1%

Added costs include
lic/reg $736
1st pymt $430
Cap Cost Red Tax $228
Doc Fee $449
Tire Tax $5
Ag Fee $595 (lease acqusition fee?)

Total = $2443 in costs shown above added to lease

Not included in this price (but received free) include rear decklid spoiler (installed), 2 years maintenance, all usual dealer crap like window tint and paint.

Does this help?

You're putting $2500 down? Your payments should be $395 with $0 down. Only taxes and fees upfront, about $2500.
Old 02-19-2011, 03:52 PM
  #69  
avmba
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I am paying $2500 at signing to cover those costs shown above. that's the total I am contributing at signing.

I'm not putting an additional $2500 down beyond covering the fees, 1st payment, etc. Does this calc read like I am doing that?
Old 02-19-2011, 04:06 PM
  #70  
Chico
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Originally Posted by avmba
I am paying $2500 at signing to cover those costs shown above. that's the total I am contributing at signing.

I'm not putting an additional $2500 down beyond covering the fees, 1st payment, etc. Does this calc read like I am doing that?
I see what's happening. They're using your upfront money as Cap Reduction to squeeze an extra $228 out of you. The payments are right, $430 including taxes. If you tell them you're not putting any money down, they can't charge you for tax on a Cap Reduction that doesn't exist. But, you're getting some freebies, so no big deal.

Last edited by Chico; 02-19-2011 at 04:12 PM.
Old 02-23-2011, 02:15 AM
  #71  
Beer Magazine
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Normal drive-offs are like 1400, they are rolling things in they shouldn't.
Old 03-17-2011, 09:30 PM
  #72  
hydroponik
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Originally Posted by glassjaw047
Damnn...they were totally trying to screw you dude! I'm trying to see if I can get a
G37xS coupe with prem, navi & sport & spoiler for $395 a month with just fee's up front & first months payment ona 36 month 15 k lease....wonder if I can get that....
Did you actually get a deal like this? I'm also looking to lease a G37, and wasn't sure I'd be able to get payments under $400/mo...
Old 03-17-2011, 10:06 PM
  #73  
Chico
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Originally Posted by hydroponik
Did you actually get a deal like this? I'm also looking to lease a G37, and wasn't sure I'd be able to get payments under $400/mo...
Where are you located? Maybe I can help you.
Old 03-18-2011, 11:35 AM
  #74  
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I'm located in the central NJ area.
Old 03-18-2011, 11:39 AM
  #75  
Chico
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Originally Posted by hydroponik
I'm located in the central NJ area.
Yep, I can help you. PM me if you're interested and ready to buy.


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