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Excellent Lease Deal Infiniti Q40 - $200 to $300 /month for 12K/yr well equpped

muniala 792 1,544 April 22, 2015 at 10:30 AM in Cars (4)
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Last Edited by muniala April 22, 2015 at 04:05 PM
This is just a quick post to give SDers a heads up on a good lease deal available now for the month of April 2015.


A friend asked me to help him get a Toyota or a Honda a few days ago and we ended up getting him a very loaded Infiniti Q40 Premiun ( Navigation Package, Moonroof Package 40K MSRP) for around $250/month (includes 7.5% CA tax) for 12K/24K miles here in Southern CA. This is with zero cap cost reduction, 3 MSDs and minimum drive-off.

(To clarify - The above payment mentioned is with zero cap cost reduction i.e. Zero down payment.which means minimal drive-off of Registration , Doc Fee, First month payment and refundable security deposit. The deposit you get back at the end of the lease.For this specific car in CA, the drive off was around 1550 out of which 900 will be refunded at the end of the lease )


The Q40 is the same/similar to the G37 - Its just been renamed

I did some more research and determined that the deal is not unique - I believe this is the last year for this model. Right now the Q40 is being heavily discounted from MSRP. because it the model is being closed out. For example got around 9K off on the 40k car

. So the deal should be easily replicated.

The lease program is very attractive. The parameters are
Term 24 months
Miles: 24K miles.
Money Factor: 0.00039. The money factor can be reduced to 0.00009 by putting down three security deposits
Residual : 64%
Bank Fee: $700

For 10K miles /yr residual is 65% and for 15K miles/yr residual is 62%

Based on this lease program and negotiating a good selling price you should be able to easily get a price of $200 - $300 /month depending on the MSRP of the specific car you get

Again if you are new to leasing please read my previous threads to get educated.

http://slickdeals.net/f/7676458-excellent-2015-bmw-x1-february-lease-program?v=1


http://slickdeals.net/f/2611065-january-february-auto-leases-infiniti-g-m3-convertible-hyundai-genesis-honda-civic?

http://slickdeals.net/f/2187679-2011-bmw-335-sedan-3yr-36k-lease-well-equipped-w-premium-package-automatic-468-tax-month-zero-down-4000-refundable-security-deposit?

http://slickdeals.net/f/2173432-2011-bmw-328-sedan-lease-well-equipped-399-tax-zero-down

http://slickdeals.net/f/2176180-2010-infiniti-g37-lease-from-262-ttl-for-3yr-30k-with-zero-down

http://slickdeals.net/f/7450882-2015-bmw-7-series-sedan-nov-dec-lease-program?v=1




A note about using TRUECAR pricing.

In these earlier threads crica 2011/2012, I used to recommend using Truecar pricing to get an idea of the selling price to use as a baseline to negotiate below.. I no longer recommend using Truecar. They have become very "dealer friendly" and their pricing is now way inflated. So do not use them as a reference at all.
For example the car example above9the MSRP 40K , I know for a fact I easily got it around 9K off, the True car price is 5.5K off which is ridiculously high.. I have been seeing this kind of inflation across the board.





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Last Edited by mike1650 April 24, 2015 at 11:58 AM

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#3
Interesting...

Couple things to add:
1. The Q50 although much better lookswise, has had a large amount of problems with the electronics and reliability.
2. The Q40 (formerly G35/G37) is a notorious workhorse. Really sporty, really reliable. It does recommend premium gas and it guzzles.

Seems like a solid lease deal.
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#4
Isnt 12,000 miles/year really tight?

i did the math and you could only drive around ~33miles per day..

which dealership did you guys go btw in SoCal?
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Last edited by airfreshjoe April 22, 2015 at 10:47 AM
Joined Jan 2009
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#5
Muniala - Will you be able to help me with the buying process ? Smilie
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#6
Quote from airfreshjoe View Post :
Isnt 12,000 miles/year really tight?

i did the math and you could only drive around ~33miles per day..

which dealership did you guys go btw in SoCal?
What math did you do? laugh out loud 50 miles a day x 5 day workweek x 4 weeks = 1000 miles a month. Perfect for me.

Too bad Im not in the market right now.
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#7
Quote from cashville619 View Post :
Interesting...

Couple things to add:
1. The Q50 although much better lookswise, has had a large amount of problems with the electronics and reliability.
2. The Q40 (formerly G35/G37) is a notorious workhorse. Really sporty, really reliable. It does recommend premium gas and it guzzles.

Seems like a solid lease deal.
q50 is hot....but a jap car company with reliability issues? =\
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#8
looking on there website its $4000-$4300 for the down payment, is that the deal you are describing?
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#9
Quote from Iron_Chin View Post :
What math did you do? laugh out loud 50 miles a day x 5 day workweek x 4 weeks = 1000 miles a month. Perfect for me.

Too bad Im not in the market right now.
I work 7 days Roll Eyes (Sarcastic)
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#10
Doesn't seem too bad. I need a new, reliable vehicle while in school over the next 2+ years. Is there a way to increase the lease term closer to 30 months (without screwing up the deal)?
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#11
Quote from sharris721 View Post :
looking on there website its $4000-$4300 for the down payment, is that the deal you are describing?
He has described in other threads on how to negotiate a lease. The website deal is almost certainly based on MSRP.

Quote from airfreshjoe View Post :
Isnt 12,000 miles/year really tight?

i did the math and you could only drive around ~33miles per day..

which dealership did you guys go btw in SoCal?
12,000 miles seems pretty standard for leases. I normally see 10.5k or 12.
Reply Helpful Comment? 0 0
#12
Quote from brokencycle View Post :
He has described in other threads on how to negotiate a lease. The website deal is almost certainly based on MSRP.



12,000 miles seems pretty standard for leases. I normally see 10.5k or 12.
oH REALLY? yea... it will be my first time leasing a car so, im a dumb dumb LMAO
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#13
This offer sucks 4k downpayment
Reply Helpful Comment? 0 1
#14
Was about to leave work to go lease one of these as I have been waiting for a new deal for Muniala (GREAT DEALS on LEASING!)...
unfortunately the Q40 didn't come in stick, so i'm out.

Everyone really needs to do their homework here... Muniala posts amazing leases with only refundable deposits. Just becuase online says you need 4k down doesn't mean that's required. Do your homework people.
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Joined Apr 2005
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#15
Quote from muniala View Post :
This is just a quick post to give SDers a heads up on a good lease deal available now for the month of April 2015

A friend asked me to help him get a Toyota or a Honda a few days ago and we ended up getting him a very loaded Infiniti Q40 ( Navigation Package, Moonroof Package 40K MSRP) for around $250/month (includes 7.5% CA tax) for 12K/24K miles here in Southern CA. This is with zero cap cost reduction, 3 MSDs and minimum drive-off.

The Q40 is the same/similar to the G37 - Its just been renamed

I did some more research and determined that the deal is not unique - I believe this is the last year for this model. Right now the Q40 is being heavily discounted from MSRP. because it the model is being closed out. For example got around 9K off on the 40k car
. So the deal should be easily replicated.

The lease program is very attractive. The parameters are
Term 24 months
Miles: 24K miles.
Money Factor: 0.00039. The money factor can be reduced to 0.00009 by putting down three security deposits
Residual : 64%
Bank Fee: $595

Based on this lease program and negotiating a good selling price you should be able to easily get a price of $200 - $300 /month depending on the MSRP of the specific car you get

Again if you are new to leasing please read my previous threads to get educated.

http://slickdeals.net/f/7676458-excellent-2015-bmw-x1-february-lease-program?v=1


http://slickdeals.net/f/2611065-january-february-auto-leases-infiniti-g-m3-convertible-hyundai-genesis-honda-civic?

http://slickdeals.net/f/2187679-2011-bmw-335-sedan-3yr-36k-lease-well-equipped-w-premium-package-automatic-468-tax-month-zero-down-4000-refundable-security-deposit?

http://slickdeals.net/f/2173432-2011-bmw-328-sedan-lease-well-equipped-399-tax-zero-down

http://slickdeals.net/f/2176180-2010-infiniti-g37-lease-from-262-ttl-for-3yr-30k-with-zero-down

http://slickdeals.net/f/7450882-2015-bmw-7-series-sedan-nov-dec-lease-program?v=1




A note about using TRUECAR pricing.

In these earlier threads crica 2011/2012, I used to recommend using Truecar pricing to get an idea of the selling price to use as a baseline to negotiate below.. I no longer recommend using Truecar. They have become very "dealer friendly" and their pricing is now way inflated. So do not use them as a reference at all.
For example the car example above9the MSRP 40K , I know for a fact I easily got it around 9K off, the True car price is 5.5K off which is ridiculously high.. I have been seeing this kind of inflation across the board.
Want more friends?
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