iversonyin
Diamond Member
- Aug 12, 2004
- 3,303
- 0
- 76
So, what you're saying is, the G is a 370z with a prettied up Maxima interior and less agressive body.
Plus it is a 39 month lease, how many people keep a car longer than that?
And did I mention that it is a damn nice car too
BTW I have not bought one and most likely wont, but it is a good deal for a high end convertible.
39 month leases are bad. The car is typically past its warranty so any problems in those three months beyond the warranty are on you. Plus, there is more wear and tear so you are definitely going to have to replace things like the tires out of pocket.
The G sedan has a lease special now for $319/mo. Based on that, can't you see if you can do any better on the G convertible than the price you got?
The G convertible is almost $10k more than the sedan hence the huge jump in monthly payments.
The coupe is probably the best deal at only $339 a month.
BTW the price you quoted is for the G25, not the G37.
BTW2 the BMW deals looks to be better since they are no money down. A 128i convertible for $449 or a 328i couple for $479.
Because of the down payment the true cost of the Infiniti deals are about $80 more per month than the advertised rate.
G37 coupe for $420 a month or
128i vert for $449 a month or
328i coupe for $479 a month
is the BMW coupe worth $50 more a month? hmmm
Lol - $600.00 a month for a lease...
You are out of your mind for considering it.
$600 a month will buy you a $30,000 or so car maybe $35,000 if you go 72 months at a low rate.
I can lease a $40,000 car for less than $450 a month.
Also I tend to change cars every 3 years so leasing for me makes some sense since I am only paying for the part of the car's life that I own it for.
Buying only makes sense if you keep it for a decent time after it is paid off in which case you are driving it for 'free.'
For the people who just focus on car payments, are you aware that you are spending north of $16,000 to drive a car that will have a residual value of $0 in three years when you take it back?
If you took out a 36/month loan, the car would loose about $16k in value anyways. If the car is great, then buy out the lease at the end otherwise move on. Either way you are out pretty much the same amount of money.
This. You can buy a really nice car for the same price. I guess a lot of people just have so much money they don't care about burning it.
For the people who just focus on car payments, are you aware that you are spending north of $16,000 to drive a car that will have a residual value of $0 in three years when you take it back?
If you buy the same car as opposed to leasing (same money down), you are guaranteed to pay more at the 36months mark.
You burn money either way, 3 year residual for a car like this is somewhere around 53%, that is whether you buy it or lease it.
For a lease, you pay depreciation+tax+interest
For a purchase, you pay the price of the car+tax+interest
Over the course of 3 years, you will pay much more in interest buying (you are financing the full amount of the car instead of just the depreciation over the lease period) and taxes over the FULL price of the car (as opposed to just the depreciation on the lease).
If you are are going to switch out your cars every 3 years, leasing > buying/selling.
This is only depending on where you live. In TX, you pay Taxes on the entire value/price of the car, not just the part you lease. The only way it becomes worthwhile is if you purchase the car at the end as they have a clause that it's a "special case" so you don't pay tax twice.
Either way, leasing isn't a good idea in TX and usually not a savings.
For the people who just focus on car payments, are you aware that you are spending north of $16,000 to drive a car that will have a residual value of $0 in three years when you take it back?
Plus it is a 39 month lease, how many people keep a car longer than that?
Yup, the loses are greater in many cases buying new. At least with a lease you're capped.
I'm done with new purchases other than for business use. Everything going forward will be 3-5 year old luxury car purchased cash. Drive it for 2-3 years and repeat.