As expected, Infiniti residuals have pretty much dropped across the board. The good news is that IFS did adjust the money factors to keep the payments at around the same range as last month. Not how the G25 is looking like the more expensive lease compared to the G37 Journey sedan. I suspect this is going to make leasing a 25 or a 37 a tough decision. Haahaa. Anyway, there are rebates available so be sure to ask your dealer about them.
Almost the entire Infiniti line-up leases well, so if you aren’t looking at the Gs, the Ms, FXs and EXs aren’t too terrible either.
Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.
2011 Infiniti G25 Sedan Journey
MSRP – $33,675
Sale Price – $30,087
Monthly – $319+ tax
RWG Rating – 100.6
2011 Infiniti G37 Sedan Journey
MSRP – $36,275
Sale Price – $31,232
Monthly – $317+ tax
RWG Rating – 106.7
For Dealer Quotes, Click Here.
2011 INFINITI G37 COUPE IPL AT
36 month | 15k miles | residual 59% | .00121 base money factor
2011 INFINITI G25 SEDAN JOURNEY
36 month | 15k miles | residual 61% | .00106 base money factor
2011 INFINITI G25 SEDAN X AWD
36 month | 15k miles | residual 62% | .00111 base money factor
2011 INFINITI G37 SEDAN JOURNEY
36 month | 15k miles | residual 59% | .00084 base money factor
2011 INFINITI G37 SEDAN X AWD
36 month | 15k miles | residual 61% | .00107 base money factor
2011 INFINITI G37 SEDAN SPORT MANUAL
36 month | 15k miles | residual 59% | .00084 base money factor
2011 INFINITI G37 COUPE BASE
36 month | 15k miles | residual 66% | .00121 base money factor
2011 INFINITI G37 COUPE JOURNEY
36 month | 15k miles | residual 63% | .00121 base money factor
2011 INFINITI G37 COUPE X AWD
36 month | 15k miles | residual 63% | .00113 base money factor
2011 INFINITI G37 COUPE SPORT MANUAL
36 month | 15k miles | residual 63% | .00121 base money factor
2011 INFINITI EX35 AWD
36 month | 15k miles | residual 60% | .00141 base money factor
2011 INFINITI EX35 AWD JOURNEY
36 month | 15k miles | residual 56% | .00141 base money factor
2011 INFINITI FX35 AWD
36 month | 15k miles | residual 55% | .00110 base money factor
2011 INFINITI FX50 AWD
36 month | 15k miles | residual 52% | .00127 base money factor
2011 INFINITI G37 CONVERTIBLE BASE
36 month | 15k miles | residual 61% | .00180 base money factor
2011 INFINITI G37 CONVERTIBLE SPORT 6MT
36 month | 15k miles | residual 62% | .00180 base money factor
2011 INFINITI M37 SEDAN X AWD
36 month | 15k miles | residual 54% | .00036 base money factor
2011 INFINITI M56 SEDAN X AWD
36 month | 15k miles | residual 51% | .00088 base money factor
2011 INFINITI QX56 4WD
36 month | 15k miles | residual 55% | .00220 base money factor
Hi
Thank you for this information this is great knowledge to have to bring to the dealer with you.
Do you have the numbers on both G sedans with journey package for 24 months 15K?
Thanks in advance.
I can’t seem to make the math add up. Can you please enlighten me?
2011 INFINITI G37 SEDAN JOURNEY
36 month | 15k miles | residual 59% | .00084 base money factor
2011 Infiniti G37 Sedan Journey
Sale Price – $31,232
31232 – 0.59 * 31232 = $12805
12805 / 36 = $356 / month
.00084 * (31232 +12805) = $37 / month
total = $393 / month
Ed, u may want to use the calculator provided on this site as the calculation is a bit more complicated. Sticker price * 59% = residual value. Negotiated price minus residual = the total depreciation u pay for car / 36 months. For the interest, (negotiated price + residual value)*mf*36 months. So 9830 + 1592 = 11421 / 36 months = 317
G–just wanted to thank you for this resource. I signed the following lease last night:
Infiniti G37 Coupe Journey w/ Premium Package
MSRP: 41,425
Cap Cost: 36,360
Residual 75% (24 month lease, 12k a year)
MF: .00068 (after 9 MSDs)
Monthly Payment $285
No Cap Cost Reduction
Thanks again!
G — I’ve used the your site a few times to grab the money factors and residuals for my lease spreadsheet and I wanted to say THANK YOU!! and share the latest lease I jumped into.
Infiniti G37 S Sedan w/ Premium/Sport/Navigation and a few other extras
MSRP: 43,140
Cap Cost: 38,672
Res. 61% 36 Month term 12k per year
MoneyFactor .00121
Down: 2500
Monthly 436
Pretty stoked on the deal!! I just lemon lawed a 09 335i so a 436 monthly is a nice improvement!
Thanks again for your hard work!!
Thanks Brent. I mistakenly though I should use the sale price to calculate the residual!
I didn’t see the M37 lease rates exclusive of the M37x; does this indicate that the rear-drive models are the same?
David, I don’t have the RWD’s lease numbers, but I believe they carry a lower residual value than the AWD models.
G – Between your lease guide and your monthly updated residuals and money factors I was able to negotiate with confidence and pull the trigger on a 2011 Infiniti G37x Coupe with prem, sport & navigation packages!
Congrats on the new ride Matt! I am glad you made good use of the site to cut a great deal! Enjoy the ride!
I need a little help. I’ve been going back and forth with a dealer who hasn’t been very forthcoming with information. Using your calculator along with a few others, I kept telling him his numbers are wrong based on the figures we are discussing. Finally he gave me a printout to show me everything laid out. There’s a lot on the printout but finally I was able to find the root of the discrepancy. Once I see the paper I find out about the doc fee, acquisition fee, and a reduction in my trade allowance. Surprise surprise! I was even prepared to see the acquisition fee but he kept being vague and avoiding my question regarding the discrepancy. Anyway after leaving the dealership, I get a call saying that they will waive the acquisition fee to earn my business and he offers to send me a new printout. I get the new printout and sure enough the acquisition fee is still on there and he tells me that he has to show it even though they aren’t charging me for it. Can someone look at this and confirm for me that they are still charging me the acquisition fee. I don’t see a reversing transaction to reduce the cap cost so I’m thinking it’s still in here but admittedly I’m having trouble reading this report. FYI the 565 customer cash is for the license fee that I’m paying and there is a 1000 loyalty incentive from IFS. Thanks ahead of time.
Capitalization
Selling Price 41500
Aftermarkets 0
Doc Fee 55
Acquisition Fee 595
ESC Premium 0
Mainenance 0
GAP Premium 0
LAH Premium 0
License Fee 565
Dealer Fees 0
Cap Fees 0
Cap Taxes 0
Gross Cap Cost 42150
Cap Cost Reduction
Customer Cash 565
Total Rebates 1000
Total Trade Allow 15400
Total Trade Payoff 15782.82
Total Net Trade -382.82
Amt Applied Upfront 1133.88
Cash Back 0
Total Cap Reduction 431.12
Net Cap Cost 42101.7
Residual
MSRP 45625
Opt Pkg Discount 0
Hard Adds 0
Adj MSRP 45625
MRM 0
Residual 0.63
Residual Amount 28743.75
Mileage Program 15000
Annual Planned Miles 15000
Prepaid Cents/Mile 0.25
Mileage Adjustment
Adj Residual 28743.75
Payment
Term 36
Rate/Money Factor 0.00121
# Adv Payments 1
# Days 2nd Payment 30
2nd Payment Date
Security Deposit 0
Advanced Payment 495.02
Total Cap Reduction 431.12
Upfront Charges 638.86
Initial Payment 1565
Due on Delivery 565
Insufficient 0
Equity Allocation
Base Monthly Payment 456.77
Monthly Tax 38.25
Payment 495.02
Couple things…
I see how they got the $42150 Gross Cap Cost. Basically, its just the sale price + dealer fee + bank acquisition. That’s pretty standard, most people pay that, so no funny business here.
Here is what I see:
You have $565, which is what you are paying upfront. Then you have $1000 from IFS. That should give you a total deduction of $1565. The dealer has about $1133.88 in fees that he’s applying to your cap cost, hence the measly $431.12 cap cost reduction. In addition, you have $382.82 in negative equity, so technically, your total deduction is about $48.30. You then take the $42150-$48.30, and you get the Net Cap Cost of $42101.7.
Generally speaking, here are the fees you should expect to pay at signing:
Bank Acquisition.
Dealer Doc Fee.
DMV License Reg.
1st Month Payment.
Misc local and state fees/taxes. Examples include state tire tax, electronic dmv registration, etc…$100 or so usually takes care of this, sometimes less.
Of these fees, you are paying all expect your 1st month and Local/State fees.
Your car payment looks like its around $500 plus you have $383 in negative equity. Then you have about $100 and change in local/state fees. This pretty much eats away at most of your $1000 IFS credit, which is why your total cap reduction is only $48.
Looks like the numbers do check out, but you are definitely paying for that bank acquisition fee. If you want that “waived” you will need to ask for an additional $595 discounted off the sale price of the vehicle.
Nevermind. This is a great site BTW.
Woops I didn’t see your feedback G. Apparently they aren’t going to waive the fee after all. Thanks for the help. That 1133.88 figure kind of threw me for a loop when I seen it. It looks to be a payment + upfront charges. Why would the payment be added back to the cap cost reduction? Would they do that unless maybe they weren’t forcing me to make the first payment upfront? The number I can’t quite figure out is the upfront charges and how that’s calculated.
Here’s how your inception fees break down…
Bank Acquisition $595
Dealer Doc $55
DMV $565
1st Month $495
Local/State fees $100 (this is an estimate)
Total fees $1810
In addition, you have about $383 in negative equity, so if you where to pay all your fees and what you owe the bank on your existing car, your Total Amount Owed at Signing is $2193.
Since you are only paying $565 at signing, your remaining inception fee is $1628 ($2193-$565). Then IFS will give you $1000, which bring it down to $628 ($1628-$1000). This $628 then gets added to your sale price of $41500, making your net cap cost about $42128. Now your dealer quoted a net cap cost of about $41,101.7, a $27 difference between my calculation. This may be due to the fact that your local/state fees were not $100, but $73.
The worksheet makes sense, it just takes some time to decipher since the calculations are all over the place and some things are not being defined, like your local/state fees.
Overall, not a bad deal. I would lease it.
BTW, I’m glad you like the site. Hopefully learning all of this makes you sleep better at night once you sign your lease! 🙂
Thanks again. Do you take donations?
You are very welcomed Paul. I do take donations, but I don’t actively advertise it.
You can find my donation page HERE.
However, I would love it if those of you interested in donating to RIDE with G would make a small donation to the victims of the Japanese Earthquake & Tsunami instead.
Thanks for you kindness Paul!
Just wanted to let you know I’m making a $50 donation to the Red Cross for Japan based on your earlier posting. The information on this site and your leasing calculator helped me get an incredible deal on a 2011 m37x. Thank you!
Thanks a lot for your generosity Steve. I greatly appreciate it and I’m very glad you got a sweet deal on the M37x. I love that car too!
So my dealer is telling me that there is a 1500 cash back only available on a purchase (g37) which is why the truecar value is what it is. Which means I think he is going to try to go 1,500 higher than truecar. Sucks!
double check to be certain…
http://www.edmunds.com/infiniti/g-coupe/2011/car-incentives.html
http://www.edmunds.com/infiniti/g37-sedan/2010/car-incentives.html
in my area…there’s only $1000 dealer cash that IS applicable to leases on the coupe.
up to $3000 for sedans, but it doesn’t state whether is available for leases. In my experience with IFS, if it doesn’t state it, it typically doesn’t.
Dealer cash is usually used at their discretion, so it’s all up to the dealer since its their money.
Bummer. I might see what my local credit union can do in a lease in this case. Then u can still take advantage of the support for g37 purchase. Would sure be z lit easier if they’d just work with me at IFS
Donation coming your way tomorrow G if and when I ink the deal. Thanks again.
G–do you have the numbers for the EX35 Journey (not AWD)?
Looking at 36 months with 15k
Thanks!
Sorry Greg, this is all that has been given to me. However, historically, the EX Journey has a 2% lower residual value compared to the AWD model. I can’t confirm the money factor though, but It should be lower than the .00141 being quoted on the AWD. If I had to guess, I would say about 0.0002 less. Please confirm with your local dealer.