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View Full Version : Lease numbers - are the MF's still around .002?



teutonictrio
07-09-2005, 10:02 AM
Just wondering if the M35/45 rates have improved at all lately. Are they still around .002 (.00199, etc.) or have they become more competitive with the rates now that the initial push is slowing down a bit?

What leases have you all been getting? I checked some of the other messages and see a few in there, but to date the lease numbers are quite high, similar to cars that are more expensive, such as the 545i and even the Audi A8, which is significantly more expensive, but thanks to a great money factor, has a low lease rate.

FikseGTS
07-09-2005, 11:23 AM
my M45 was 58k, 39months, 15k miles per year, 4k due at signing, 630+ tax per month.... .00192 MF

my 545i was 65k, 36 months, 15k miles per year, $5k due at signing, 685 + tax... .001 MF

the BMW was a better deal if you're looking at MSRP.... the car was $7k more expensive.... but I like the M45 MUCH better....

kglesq
07-11-2005, 06:42 PM
I was just (07/11/2005) quoted a MF on a 24 month M45 Sport lease of .00215! That is really steep.

infinitimaximum
07-12-2005, 01:38 AM
What does tax make the total payment in those examples if you don't mind? I noticed BMW does have some of the best lease rates. I don't even know anyone that really "owns" a late model beemer.

Skoman
07-12-2005, 11:12 AM
I'm leasing an M35x with journey/tech, MSRP was around $51,000. I put nothing down and just had to pay the lease fee, first month, MV, etc (a total of about $1600). My 39 month lease (10k miles/year), incl tax, is $543/month, but this includes a 9 month refundable security deposit which brought the price down about $65/month. My residual is over 65% (almost $32,000).

teutonictrio
07-12-2005, 12:34 PM
that's a spectacular residual!!! Lexus only offers 52% for 36 months on the new GS, and it supposedly holds its value much better than any Infiniti.

350G
07-12-2005, 04:25 PM
I'm not that gifted with the leasing aspect . . . However, I do want a M35 Sport (no other options). MSRP is about $43500. What would be a good deal on 48 months, 12k miles, and no money down? Any pointers (i.e. money factor)?

Thanks in advance.

Gary

sdiver68
07-12-2005, 08:33 PM
The BMW and Audi leases are subsidized, to make up for the fact they are overpriced to market to begin with. With the BMW, at least you get the maintenance program...so at the above mentioned rate that's about the same as the Infiniti.

Here's a good lease calculator: http://www.leaseguide.com/calc.htm

Use $1500 over invoice, .002 MF, 62% of the MSRP as 3 yr/12K miles/yr residual, and your local tax rate for a decent but not subsidized lease rate.

I have done this for 15 years, and have never heard of "refundable security deposit" reducing a lease rate. Please explain this concept, I have a bad feeling you won't see as much refunded as you think....

FikseGTS
07-12-2005, 09:30 PM
I've done the "refundable security deposit" to reduce the money factor. I put up an extra $7,000 for my C32 AMG lease... the reduction in payment came out to be 15% on my money.... wish I could get 15% that easily on other money.... http://forums.freshalloy.com/images/graemlins/smile.gif

I did get my entire $7k back....

350G
07-12-2005, 11:33 PM
Thanks for the link to the leasing calculator . . . what values should I enter for a 48mo lease? Is there a site with estimated residual values / percentages? Just trying to learn . . .

Gary

WashnWax
07-13-2005, 07:51 AM
Lease Compare (http://www.leasecompare.com)

Skoman
07-13-2005, 08:29 AM
I have done this for 15 years, and have never heard of "refundable security deposit" reducing a lease rate. Please explain this concept, I have a bad feeling you won't see as much refunded as you think....



I don't know if this is new for Infiniti, but it is absolutely refundable. It does not surprise me that it reduces the lease amount considerably since such a deposit would make it much easier to securitize the lease at attractive rates to Infiniti.

Pedro45
07-13-2005, 08:45 AM
I have been leasing since 1986 and there are many creative lease arrangements, including refundable security deposits, which often equate to nice returns on the money.

I don't lease now due to high annual mileage. It amazes me how many people fail to completely understand the ins and outs of leasing and just accept a "payment," forgetting about everything else (i.e. cap cost of vehicle, residuals, etc.)

Lastly, many fail to realize that one does not HAVE TO turn in or buy a leased vehicle at lease-end. Sometimes it makes sense to trade it in, if there is equity in the lease. This usually applies to situations where the mileage allowance is well above what is actually used.

Skoman
07-13-2005, 10:10 AM
I
Lastly, many fail to realize that one does not HAVE TO turn in or buy a leased vehicle at lease-end. Sometimes it makes sense to trade it in, if there is equity in the lease. This usually applies to situations where the mileage allowance is well above what is actually used.



That's exactly what I did with my G35. It was the exact situation you mentioned (low mileage) and I made about $1,000. In fact, there was still 3 months left on my lease so I could've done even better if I had waited, but I wanted the M and was impatient.

sdiver68
07-13-2005, 05:16 PM
OK, yes I understand the reduced risk to the lender (security) from putting a big chunk of money down as a deposit, but with new APR rates hovering around 5%...how much room is there left? Anyway, interesting....