What's the catch?

My 2010 has about 10,xxx mi on it and isn't due for 39mos. Next month is 24mos.

What's in it for me, and what's in it for the dealership?

I would like to trade up to a newer G and get a different color, some other options, etc but don't want to put money down or change my monthly. Is this really "no money down" or do I still have to pay acquisition, dealer fees, some other bull****, etc.

Feels like my dealer is desperate to make new sales or maybe their used inventory is so low they need to get customer's lease cars back earlier so they have more used inventory to resell (or maybe a bit of both. )

TIA!

 

Very funny, Mine did the same exact thing to me a month ago! I traded my 2010 lease in for a 2012 no money down!. They will still try to stick you with some dealers fees and Bull**** just like you said, But I'm sure you can make them take it off . Just let them know you're interested in trading for no money down or keeping ur old car. No other way .

 

It might be this for the lease only. I tried to trade in my '10 w/ 11k miles about 3 weeks ago and they showed no interest to make the deal.

 

Well, yeah . They want us to sign a new 39 month commitment .

 

Interesting, but what kind of monthly did they stick you with? My monthly is super low, so I imagine they will try to bump it $50/mo for the same exact car, since the MSRP has gone up about $2 grand since I leased.

My monthly is $360/mo tax in, on a $33k cap cost reduction.

 

Also why does the infiniti payment calculator say it's cheaper to lease a car for 24mos than 60 mos? I thought cars depreciated more the first 2 years rather than 4th or 5th year. Or is the incentive to the leasing company to lease a car for a short duration so they can resell it easier when it's 2 years old rather than 5 years old.

 

They will ask for more . I paid exactly 65$ more per month after. It was 50 added on and they snuck another 15 in some how . I dont really care though . Its a brand new car with 25000 miles less , the color i wanted and in Manual . Its well worth 65$ more a month to me and might be to you. Another thing you could do it make the lease 60 Mo instead of 24 or 39 and try telling them to keep the same price since you're doing it for 60 months, and then just do the same thing in a couple years . I was going to do that but due to my age and low credit , or no credit for that matter, the bank was being stubborn and made me do 39 months .

 

The payment goes up anything over/under 39mos. 39mos is the residual optimum timeframe.

So you upgraded your car to a G37S? That would explain the price hike, because the S pack (manual) makes it cost more. What trim did you have before and what is your current monthly?

$65 may not seem like much but over 39mos it's $2500. If you keep trading in every 2 years and it climbs $40 or $50 after 10 years you have an $800 car payment you can't get out of.

I've seen it happen to others, that's why I feel like there's always a catch to stuff like this.

 

The dealer fees and taxes are all going to be included in the loan. I doubt you can get the same payment unless the length changes and or APR

 

I had the S , still have the S . I plan on buying the car or trading for a new one in a year or 2. Consider the extra 800-1200 in monthly payments my down payment from now ( which i could have done ) . I'm fine with the extra per month.

 

they do this because there is such a high market on used vehicles so they want your used vehicle and give you a new one

 

2011 sort coupes with nav are being listed for about 44+ around here. If I recall correctly, MSRP on mine was under 45. I bought before the bump in '11 and other changes in msrp.