Buying & Leasing Interested in getting a G37? Ask your Questions in here.

To re-lease or not to...

Thread Tools
 
Search this Thread
 
Old 06-22-2013 | 10:03 AM
  #1  
LeviMia's Avatar
LeviMia
Thread Starter
Registered User
 
Joined: Jun 2013
Posts: 3
Likes: 1
Exclamation To re-lease or not to...

Have 5 months left on current 2010 G37S Coupe lease and salesperson called me to get into a new 2013 G37S Coupe 24-mo lease, fully loaded with all packages plus prepaid maintenance and sports muffler accessory (from IPL) for $599, including tax, 12,000 miles per year and $2,000 due at inception. It's about $50/mo cheaper than my current lease. Any thoughts on the lease quote?

Also, I lease because I like the idea of driving something new often. Although I like how the G37 looks and drives, the 2013 model looks exactly the same inside as it did 3 years ago. On the outside, the only difference is the front fascia, integrated fog lights and the back spoiler is an actual spoiler. So basically, I would be driving the same car except that I would go from White on Ash to Red on Black. Anyone out there conflicted with the same issue?
Old 06-22-2013 | 10:40 AM
  #2  
rm2342's Avatar
rm2342
Registered User
 
Joined: Jan 2013
Posts: 670
Likes: 40
From: Ma
How much from your original residual value on your current lease do you owe or what are they pricing your car at?

I'm looking into a lease but don't trust the high residual value. Feel like they are going much different at lease end in two years
Old 06-22-2013 | 11:00 AM
  #3  
ItalianG37xS's Avatar
ItalianG37xS
Registered User
 
Joined: May 2013
Posts: 78
Likes: 6
From: Royal Oak, MI
If you like leasing and don't want to always pay $2,000 up front, check out:

LeaseTrader.com - The Most Recognized Name in Auto Leasing - Car Lease and Lease Swap - BMW 128 - BMW 135 - BMW 320 - BMW 328 - BMW 335 - BMW 528 - BMW 535 - BMW 550 - BMW 640 - BMW 650 - BMW 740 - BMW 750 - BMW 760 - BMW ActiveHybrid 3 - BMW Alpina

You can take over someone's lease and it ends up really being like $500 up front instead. Just a thought.
Old 06-22-2013 | 11:03 AM
  #4  
LeviMia's Avatar
LeviMia
Thread Starter
Registered User
 
Joined: Jun 2013
Posts: 3
Likes: 1
My current lease has a residual value of 61% based on 39-month. I don't know about residual value of new one but MSRP including sports muffler accessory which I don't have in my current car is nearly $52k. I figured that 24-mo lease would be more expensive since they don't get as long a commitment from the customer on monthly lease pmts. I have been leasing for the past 11 years and the quote on a 24 is usually higher than on a 36. Also, the 24 allows me to jump ship when the redesigned Q60 comes out in mid to late 2015.
Old 06-22-2013 | 04:52 PM
  #5  
esquesk's Avatar
esquesk
Registered User
iTrader: (2)
 
Joined: Apr 2011
Posts: 108
Likes: 0
Originally Posted by LeviMia
My current lease has a residual value of 61% based on 39-month. I don't know about residual value of new one but MSRP including sports muffler accessory which I don't have in my current car is nearly $52k. I figured that 24-mo lease would be more expensive since they don't get as long a commitment from the customer on monthly lease pmts. I have been leasing for the past 11 years and the quote on a 24 is usually higher than on a 36. Also, the 24 allows me to jump ship when the redesigned Q60 comes out in mid to late 2015.
in order for somebody to tell you if you're getting a good deal, you have to give us the residual % used in the calc, the money factor, any MSD's (if available), MSRP, sales price, and any incentives.
Old 06-22-2013 | 08:25 PM
  #6  
phxflyboy's Avatar
phxflyboy
Registered User
 
Joined: Mar 2013
Posts: 58
Likes: 0
From: Phoenix, AZ
Seems high to me, especially with that much out of pocket. Here is the deal I recently got and posted in another thread:

2013 G37S Coupe
Premium Package
Navigation Package
Sport Package (obviously)
Illuminated kickplates
Carpeted trunk mat/first aid kit
Window tint
Sticker price was $48,895 (closer to $51,000 with the "dealer add-ons")
24 month lease with 10,000 miles per year
Total out of pocket = $2500.62
Total monthly including tax = $435.00
PLUS they got me out of my BMW lease 3 months early and threw in the first oil change for free.

And if you like your current G37 why not stick with another? Personally I like to get different models every other year when I lease (I have two leased vehicles so I get a new vehicle nearly every other year) but if you're happy with what you have, why change?

I think you can negotiate that deal down a bit from there, though.

phxflyboy
Old 06-22-2013 | 10:19 PM
  #7  
kanariya's Avatar
kanariya
Registered User
 
Joined: Aug 2009
Posts: 335
Likes: 4
From: nyc
looks very expensive to me without needing to see the numbers in detail
Old 06-23-2013 | 04:02 AM
  #8  
Ruserious's Avatar
Ruserious
Registered User
iTrader: (1)
 
Joined: Dec 2009
Posts: 79
Likes: 3
From: Brooklyn, NY
I'm in a 24 month lease. G37X Coupe with Nav
$0 Down.. All I paid upfront was $395 which was 1st months payment

I think you can do much better than that
Old 06-23-2013 | 09:19 PM
  #9  
glennp_2012's Avatar
glennp_2012
Registered User
 
Joined: Jul 2012
Posts: 131
Likes: 12
From: Las Vegas, NV
To high for that lease dealers are getting out of the '13 year model cus the '14 are coming in July. Now is the time to get a new lease on a '13 year model. With 2k total drive off you can get a killer lease deal for $300 something a month plus tax maybe 12k a year in mileage. I got an 18 month lease for $277.39 / month with tax included 10k year in mileage with just 2k drive off. I was very surprise when They showed me this deal. I was looking at an Accord or a Camry for my daily and the lease was a lot more than my G now. I got the G37S Journey with all the bells and whistles on it and I love it. I reserved the new Q50 Sport coming out in July if I like the damn car I'll trade my car in and get it.
Old 06-25-2013 | 11:27 PM
  #10  
psidoti25's Avatar
psidoti25
Registered User
 
Joined: Jun 2013
Posts: 10
Likes: 0
Hey was hoping you could help evaluate the quote I got today....

G37X Premium Package with Navigation and Sport Package
12K miles per year , 39 months
0 down - (literally sign and drive) all dmv tax and reg included

I would be trading in my leased g25x early, infiniti will cover 3 months out of the 8 remaining so I would pay 5 months @ 305.99 so essentially $1500

What do you think? Any help would be appreciated
Old 06-28-2013 | 05:07 PM
  #11  
jmann's Avatar
jmann
Registered Member
 
Joined: Nov 2006
Posts: 278
Likes: 13
Originally Posted by psidoti25
Hey was hoping you could help evaluate the quote I got today....

G37X Premium Package with Navigation and Sport Package
12K miles per year , 39 months
0 down - (literally sign and drive) all dmv tax and reg included

I would be trading in my leased g25x early, infiniti will cover 3 months out of the 8 remaining so I would pay 5 months @ 305.99 so essentially $1500

What do you think? Any help would be appreciated
Am I missing where you said what your new monthly payment is? Hard to say if it's a good deal or not without that bit of info...
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
ashmostro
Engine, Drivetrain & Forced-Induction
9
09-25-2012 05:53 PM
soolman32
Picture Share G Coupe
43
02-28-2012 03:50 PM
r6rider211
TSB - Technical Bulletins
7
08-12-2011 03:31 PM



Quick Reply: To re-lease or not to...



All times are GMT -4. The time now is 02:16 PM.