July 2008 Lease Rate for 08 Infiniti M35

2008 Infiniti M35 Sedan
24 Month – Residual 58% of MSRP – .00002 Base Rate
36 Month – Residual 48% of MSRP – .00064 Base Rate
48 Month – Residual 40% of MSRP – .00140 Base Rate
60 Month – Residual 30% of MSRP – .00187 Base Rate

2008 Infiniti M35 AWD Sedan
24 Month – Residual 59% of MSRP – .00024 Base Rate
36 Month – Residual 50% of MSRP – .00099 Base Rate
48 Month – Residual 41% of MSRP – .00152 Base Rate
60 Month – Residual 31% of MSRP – .00196 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: The sale price on the M35 should be lower than invoice. At least that’s what some folks report. The MF is very low right now, but so is the residual. I haven’t been following the Ms much, so I can’t say for certain if this is the “Deal of the Year”. It certainly is worth inquiring about if you are looking for an alternative to the 5-series or the E-class.  If you live in So Cal, I can refer you to my local Infiniti guy.

July 2008 Lease Rate for 08 Infiniti G35/G37

2008 Infiniti G35 Base Sedan
24 Month – Residual 67% of MSRP – .00103 Base Rate
36 Month – Residual 57% of MSRP – .00134 Base Rate
48 Month – Residual 48% of MSRP – .00175 Base Rate
60 Month – Residual 40% of MSRP – .00202 Base Rate

2008 Infiniti G35 Journey Sedan
24 Month – Residual 66% of MSRP – .00103 Base Rate
36 Month – Residual 56% of MSRP – .00134 Base Rate
48 Month – Residual 47% of MSRP – .00175 Base Rate
60 Month – Residual 39% of MSRP – .00202 Base Rate

2008 Infiniti G35 Sport Sedan
24 Month – Residual 66% of MSRP – .00103 Base Rate
36 Month – Residual 56% of MSRP – .00134 Base Rate
48 Month – Residual 47% of MSRP – .00175 Base Rate
60 Month – Residual 39% of MSRP – .00202 Base Rate

2008 Infiniti G35 X Sedan
24 Month – Residual 68% of MSRP – .00147 Base Rate
36 Month – Residual 58% of MSRP – .00167 Base Rate
48 Month – Residual 49% of MSRP – .00202 Base Rate
60 Month – Residual 39% of MSRP – .00204 Base Rate

2008 Infiniti G37 Coupe
24 Month – Residual 73% of MSRP – .00190 Base Rate
36 Month – Residual 63% of MSRP – .00216 Base Rate
48 Month – Residual 53% of MSRP – .00195 Base Rate
60 Month – Residual 45% of MSRP – .00196 Base Rate

2008 Infiniti G37 Journey Coupe
24 Month – Residual 70% of MSRP – .00190 Base Rate
36 Month – Residual 60% of MSRP – .00216 Base Rate
48 Month – Residual 51% of MSRP – .00195 Base Rate
60 Month – Residual 43% of MSRP – .00196 Base Rate

2008 Infiniti G37 Sport Coupe
24 Month – Residual 71% of MSRP – .00190 Base Rate
36 Month – Residual 61% of MSRP – .00216 Base Rate
48 Month – Residual 52% of MSRP – .00195 Base Rate
60 Month – Residual 44% of MSRP – .00196 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Unfortunately, the numbers for July are not as good as May/Junes. Expect your monthly payments to go up some $20 or so per month.

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July 2008 Lease Rate for 08 Infiniti EX35

2008 Infiniti EX35 2WD
24 Month – Residual 66% of MSRP – .00001 Base Rate
36 Month – Residual 54% of MSRP – .00002 Base Rate
48 Month – Residual 45% of MSRP – .00096 Base Rate
60 Month – Residual 38% of MSRP – .00197 Base Rate

2008 Infiniti EX35 Journey 2WD
24 Month – Residual 61% of MSRP – .00001 Base Rate
36 Month – Residual 51% of MSRP – .00002 Base Rate
48 Month – Residual 42% of MSRP – .00096 Base Rate
60 Month – Residual 36% of MSRP – .00197 Base Rate

2008 Infiniti EX35 AWD
24 Month – Residual 67% of MSRP – .00014 Base Rate
36 Month – Residual 56% of MSRP – .00057 Base Rate
48 Month – Residual 46% of MSRP – .00113 Base Rate
60 Month – Residual 39% of MSRP – .00211 Base Rate

2008 Infiniti EX35 Journey AWD
24 Month – Residual 63% of MSRP – .00014 Base Rate
36 Month – Residual 52% of MSRP – .00057 Base Rate
48 Month – Residual 43% of MSRP – .00113 Base Rate
60 Month – Residual 37% of MSRP – .00211 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: The 24mo and 36mo leases on the RWD Base and Journey are looking rather tasty this month with an ultra low MF and fairly high residual. If you are in So Cal and are able to get a sale price of a few thousand dollars under invoice (EX35 Journey + Premium RWD), then you should be looking at a sub-$400 a month lease with just inception fees. (Unfortunately, most of the cash incentives is available for purchases only, see update for more details)

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UPDATE! Looks like you can get the EX35 for around $7000 off MSRP. Couple of catches…it’s for purchases, not leasing. It also doesn’t stack with special financing. The good news is that the you should still be able to get under invoice on the EX35 if you chose to lease, but your payments will probably jump to the mid-400s.

June 2008 Lease Rates for 08 Infiniti FX35

FX35 AWD
24mo/12k – money factor .00095 – residual 66%
24mo/15k – money factor .00095 – residual 65%
36mo/12k – money factor .00094 – residual 55%.
36mo/15k – money factor .00094 – residual 54%.

My Take: Unless you really need a V8 powered SUV (for towing stuff), the FX35 should be sufficient for most families. Gas prices nowadays seem to dictate how consumers buy cars, so I can’t help but recommend the FX35 over the FX45. With the new FX50’s release being right around the corner, Infiniti seems to be trying to move the FX to make room on their lots by offering a low money factor for their leases. Now might be the time to pounce of the FX if that’s what you are in the market for.

June 2008 Lease Rate for Infiniti G35/G37

2008 Infiniti G35 Journey Sedan
24 Month/12k miles/yr – Residual 70% of MSRP – .00126 Base Rate
36 Month/12k miles/yr – Residual 60% of MSRP – .00150 Base Rate

2008 Infiniti G35 Sport Sedan
24 Month/12k miles/yr – Residual 69% of MSRP – .00126 Base Rate
36 Month/12k miles/yr – Residual 59% of MSRP – .00150 Base Rate

2008 Infiniti G35 X Sedan
24 Month/12k miles/yr – Residual 71% of MSRP – .00131 Base Rate
36 Month/12k miles/yr – Residual 61% of MSRP – .00150 Base Rate

2008 Infiniti G37 Coupe
24 Month/12k miles/yr – Residual 74% of MSRP – .00184 Base Rate
36 Month/12k miles/yr – Residual 63% of MSRP – .00192 Base Rate
39 Month/15k miles/yr – Residual 61% of MSRP – .00190 Base Rate

2008 Infiniti G37 Journey Coupe
24 Month/12k miles/yr – Residual 72% of MSRP – .00184 Base Rate
36 Month/12k miles/yr – Residual 62% of MSRP – .00192 Base Rate

2008 Infiniti G37 Sport Coupe
24 Month/12k miles/yr – Residual 74% of MSRP – .00184 Base Rate
36 Month/12k miles/yr – Residual 63% of MSRP – .00192 Base Rate

You should be able to estimate the residuals for the G35/G37 journey and sport (+/- 1% or 2%) by looking at the other numbers posted.

My Take: As you probably noticed, the rates are exactly the same as in May. This offer is good until June 30th. After that, who knows. I can’t say the rates are THE BEST ones for the year. They could be better, then again, they could be worse. Expect a drop of 1-2% in the residual in July/August, but I’m pretty sure IFS will lower the MF to compensate for the loss in residual value. Whether that will yield better numbers than May/June, NO CLUE. Just know that the later you lease, the lower the residual. As you all know, if you can afford the gas prices, this car is FUN to own. I’m personally having a blast with it.  Although, $4.29+ per gallon really sucks…specially since this car has a 20 gallon tank. That’s $80 bucks to fill…for now. :S

The Wall: G’s 2008 Infiniti G37

Name: Mrs G
Location: California
What He’s Got: Ivory 2008 Infiniti G37 Coupe Base
What It Cost: $1300 drive-off, $424 a month with 9.75% CA sales tax.

My Take: Problably one of the best leases in the Spring/Summer of 2008. I did what I could and ended up about $30 bucks over invoice when most people were going a few hundred over.

Want your ride featured on RIDE with G? Send your pics over to thewall(at)ridewithg.com

RIDE with G37

It’s official folks!!! I’m the proud new lessee of a 2008 Ivory Pearl Infiniti G37. I did not get the Journey trim with the Premium, Sports or Tech package, instead I opted for the base model. Here are my reasons for doing so:

  • The residual value of the base model IS higher than the Journey or the Sport. That means, I save money.
  • The difference between a base G37 and a G37 Journey + Premium is well over $4,000. That translates to about $40-$50 more per month on the G37 Journey + Premium.
  • The Base model does come with a decent assortment of features, but I still get the same 330hp engine.
  • At 39 months and 12k miles per year (39k at lease end), the car will lease at UNDER $400 a month with about $1000 down (maybe less).
  • A G35 Journey + Premium would have cost me another $18 bucks more per much, not bad, but I really wanted the 2-door.

Overall, I’m pleased. The car is fun and I didn’t have to go down to a 10,000 mile per year lease to save more money. Sure I could have shaved another $9-$10 bucks off the payment by doing so, but I get the feeling I will be doing a lot of driving. 😀

This quick picture I took is inside my garage. My wife says its pretty ghetto (I agree), so I’ll post better pictures when I can find a better place to take them.

As far as the details of the lease, I’ll provide those in a couple days. It’s been an eventful weekend, I’ve trying to recover from a cold and I have tons of things to do still, but it will get done sooner rather than later.

What happened to the Mazda CX-7? Well, I decided not to lease it because I didn’t enjoy dealing with the Internet Sales Manager over at Long Beach Mazda. I hate it when people beat around the bush when I ask specific questions. When I ask “What is your bank fee and doc fee?”, just answer the freaking question. Don’t say to me “It’s covered by the rebate” What does it matter? I didn’t ask if it was covered by the rebate. If you can’t answer my question, that means you got something to hide; if you got something to hide, that means I don’t deal with you. Case closed. Looks like I will have to create a blacklist of dealerships to avoid.

Test Drive: Infiniti G35 and G37

Over the weekend, I test drove the G35 Journey + Premium and the G37 Base. I’m still very torn as to which I’d like to take home. Based on the quotes I’ve been getting, the G37 Base seems seems to lease a little bit better due to a higher residual value. It’s been such a dilemma for me lately that I decided to write a comparison which you can read below.

Performance: In everyday driving, the extra 30hp that the G37 provides is not very noticeable. They both provide a lot of low-end torque and potent acceleration. The steering on both vehicles is very light and nimble, making them both a pleasure to drive. Edge: Tie

Exterior Styling – In terms of exterior styling, the G37 has a lower profile, smooth lines and aggressive stance. The G35, compared to the G37, look a bit pudgy. Edge: G37

Interior Styling – They look very similar inside. The fit and finish is great and the materials are massively upgraded from the previous generation of the G-series. A 7″ info screen doubles as a video screen if you decide to hook up a dvd player or a gaming console to it using AV jacks. Video will not work while the vehicle is in motion, however, I’m sure the after-market community has found a way to by pass that. Edge: Tie.

Driver Comfort – I prefer the driving position of the G37. There is a difference since the G37 sits a bit lower and it makes me feel like I fit into the cockpit vs being on top of it. Edge: G37

Passenger Comfort – The G35 excels here obviously since it’s a 4-door sedan. There is more head room in the back and it’s easy to get in and out. This is not to say that the G37 is extremely uncomfortable for passengers, the main issue I have noticed is that rear windshield extends further up into the roof, exposing rear passengers’ head in direct sunlight. This makes for a very hot ride during the summer season. Edge: G35

Creature Comforts – Having a premium package on the G35 Journey certainly adds a load of fancy features such as moonroof, bluetooth, ipod control integration, dual climate controls, auto steering tilt, etc. Not to say the G37 base is poorly equipped, but having the premium package does add quite a few “bells and whistles”. Edge: G35

Trunk Space – Surprisingly enough, the G35’s trunk isn’t THAT big, but certainly at least 33% bigger than the G37. They are very similar in width and length dimensions, however, the G35’s trunk is a bit deeper than the G37s. Edge: 35

Price – The G37 has a MSRP of $35,215 and a sale price of $32,916. The G35, on the other hand, has a MSRP of $35,665 and sale price of $32,993. Unfortunately, due to lower residual value, the G35 will cost anywhere from $10-$22 dollars more per month, depending on the term and mileage you choose. Apparently the insurance increase is insignificant (about $3 per month), making the G37 base cheaper to lease. However, this won’t be the case if you opt for the G37 Journey + Premium or any other trim for that matter. Edge: G37

Overall, some of these categories tend to favor sedans over coupes (such as trunk space and passenger comfort), making the G35 the obvious choice. If you are usually the only one in the car, don’t carry passengers or pick up people at the airport on a regular basis, the coupe is certainly the more “driver oriented” of the two. As for me, my heart tells me the G37 is what I want, but the G35’s premium package is enticing me to reconsider. I could opt for the G37 Journey with Premium, but that will set me back another $40+ a month, which is about $2000 more over the life of the lease.