What’s Going On – Mid-December 2009

Published 2009/12/142009/12/14 by G

Hello all! I am back from my drive up to Utah and I have to say, it was COLD (for me anyway). I managed to leave a little early Friday afternoon to get ahead of the incoming storm, which was a good thing. It did get a little snowy up there, but overall, it wasn’t too bad. The G handled itself admirably in snowy and wet conditions so I can’t complain. I was a bit nervous about how a RWD would handle in the snow, but there wasn’t enough slush to cause any problems. I did had some issues with my tire pressure dropping on one of my tires, but other than that, everything was fine.

While I was gone, I noticed a lot of questions and comments posted on the site. I haven’t had much time to read over all the comments and questions but I will try to address them as soon.

Now on to the important news. Word on the street is that BMW will be raising the base price of ALL 2010 models starting January 1st, 2010. Some increases are minor, like $50 on the 335d. Others are more significant, like $1,545 on the 7-series. However, most price bumps will hover around the $200-300 range, which I still feel is fairly significant. There will also be increases on the options such as auto transmission, DCT and Comfort seats found on the X5 and X6, which is in addition to the bump on the base price.

What this means to you…

Things will get more expensive next year due to the price increase (and this is for the same exact 2010 model they are selling now), so if you were planning to wait until January to pull the trigger, you may want to reconsider. With the holiday cash (that’s set to expire at the beginning of next month), you are better served trying to cut your deal in the next couple weeks instead. I would personally hate leasing the same exact car next month and lose out on the holiday cash AND get hit with a price increase.

If you are curious as to what the price increase for the model you are thinking of getting is, leave me a comment.

2009 Infiniti G37, M35 Lease Rates – December 2009

Published 2009/12/142009/12/14 by G

logo_infiniti UPDATE: Full listing of all G37 December rates is out! Check it out! They all look very good this month considering the 2010 model should be coming in January. If anyone in your home is a current IFS customer, you should also qualify for the loyalty cash, making things a bit sweeter.

My Take: I know, its kind of weird that I split the 2009 and the 2010 M35s, but I thought it might make better sense to sort them by years instead of model. Either way, I don’t think you will have a tough time keeping up with my inconsistancies. Haahaa. Anyway, money factors are low now on the 2009s. I think there’s some cash on the M35s right as well, so take advantage of that. Just a general rule of thumb, if you see any marketing or dealer cash, it’s probably not available for leasing. IFS hasn’t really allowed much (or any) of the marketing/dealer available for leasing. There should be loyalty cash available to help. G37s 2010 models should be rolling in around January, so I think now is probably going to be the better time to get one than when the 2010s roll out. There are exceptions to this, however, I generally see the lease rates get really bad for remaining 2009s because banks would rather have you buy them than lease them.

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2010 Infiniti G37

2010 Infiniti M35

2009 Infiniti M35x
36-month | 15k miles | residual 44% | .00010 base money factor

Swap-A-Lease Success Story – Part 2

Published 2009/12/022009/12/02 by G

As you can see, more and more people have had a decent experience getting leases through lease trading. I will say this, this is NOT for everyone. But it will save you money if you are a bargain hunter and have the patience. Here is the email I got from Ashe about his experience through Swapalease.com. You can always read his entry here on RIDE with G’s Facebook Page.

Hi G, sorry it took so long to write about my Swapalease experience. I have been searching for a Black on Black G37x Coupe with premium package for a while at different dealerships and I was convinced that one couldn’t be had for under $550/month with at least $2k down payment. I happened to be browsing Swapalease one night and located a 2008 G37 Coupe about 20 miles from where I live. I paid the $30 for a 1 month membership and got the owners information and gave him a call. He had a Black on Black G37 Coupe with premium package that was slightly over the mileage for the year by about 2000 miles. I figure if I go over the 39,000 miles its 20 cents a mile (2000 x .20 = $400 that I would owe at lease end). This was still less than the $2k I would have had to put down on a new car. The car was immaculate except for some slight scratches here and there. He had placed a $4000 down payment last year and lowered his payment to $430 a month. He had 25 months remaining on the lease. The process to transfer lease took about 4 weeks and with no cost to either party. At the end I spent about $100 to transfer the lease including getting a new key and FOB (he had lost the spare), Swapalease membership and $5 to transfer the registration and plates into my name.
I included a picture of the car.

The key here is how much he would have spent at drive-off vs what he actually ended up spending when it was all said and done. The same happened with Jennifer’s Swapalease story. These types of websites are really great to find deals on cars where people overpaid and have to throw cash at it in order to make it enticing enough for other people take over them. Plus you save yourself those inception fees, which nowadays its in the thousands!

I have not done a full-scale evaluation between Swapalease and LeaseTrader, but from initial reports from users, we are looking about the same concept; you pay a subscription fee to get access to contact information. It seems Swapalease has a lower subscription fee ($34.95) vs LeaseTrader ($39.95) for buyers. In any case, I will probably do a more in depth write up of these two services. Hopefully representatives of these two sites are open to answering some questions.

2009 Infinit G37 Lease Rates – November 2009

Published 2009/11/162009/11/17 by G

logo_infiniti My Take: Not the complete G37 lease rates for all trims, but I’m trying here. Here’s what I’ve found so far. Enjoy. The 2010 should be out soon. I remember they came out around this time last year. I think might be the last stretch for those looking for remaining 2009 models. IFS is also offering $1500 rebate for those of you leasing or buying the G37.

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2009 Infiniti G37

2009 Infiniti G37 Sedan
36-month | 15k miles | residual 54% | .00113 base money factor

2009 Infiniti G37 Journey Coupe
36-month | 15k miles | residual 58% | .00176 base money factor

2010 Infiniti G37 Sport Coupe
39-month | 15k miles | residual 59% | .00161 base money factor

2009 Infiniti G37X Coupe
36-month | 15k miles | residual 60% | .00176 base money factor

2009 Infiniti G37 Lease Rates – October 2009

Published 2009/10/222009/10/22 by G

logo_infiniti UPDATE: Added the Journey Coupe. My Take: Lease rates on the G37 are practically unchanged from September. I’ve added the G37X coupe to the mix. I will update this post as I find more information for the remaining rates on the G37 coupes. The numbers on the sedan are pretty solid. The coupe looks alright as well, the MF is a tad high, but the residual offsets the MF fairly well.

Visit THE LIST for a list of recommended leases for the month.
Support the site by requesting your quotes from Yahoo! Autos. Click Here to get started.

2009 Infiniti G37

2009 Infiniti G37 Base Sedan
36-month | 15k miles | residual 56% | .00109 base money factor

2009 Infiniti G37 Journey Coupe
39-month | 15k miles | residual 59% | .00237 base money factor

2009 Infiniti G37X Coupe
36-month | 15k miles | residual 61% | .00207 base money factor

2009 Infiniti G37 Lease Rates – September 2009

Published 2009/09/092009/09/09 by G

logo_infiniti My Take: This is a partial list of September lease rates for the G37. Still working on confirming the rest of the numbers, so hang in there. In any case, there’s been some changes to the sedan’s numbers this month, with the residual value dropping a few percentage points. IFS dropped the money factor as well, so your payments shouldn’t be around the same as last month. If you are shopping for a G37 this month, keep an eye on this post because there could be more updates coming later.

Visit THE LIST for a list of recommended leases for the month.
Support the site by requesting your quotes from Yahoo! Autos. Click Here to get started.

2009 Infiniti G37

2009 Infiniti G37 Base Sedan
36-month | 15k miles | residual 56% | .00109 base money factor

09 Infiniti G37 Lease Rates – August 2009

Published 2009/08/272009/09/04 by G

logo_infiniti UPDATE: G37 lease rates updated. IFS modified the money factor and residual on some of their trims (such as the G37 convertible) to make it more attractive.

FYI – I will be traveling to the Bay Area tomorrow and will be gone for the weekend. Just a reminder that end of the month is probably the best time to pull a deal so get to it! I think the G37s are a good lease this month, so if you can get a good invoice price or lower, I suggest that you pull the trigger on it. Who knows what it will look like in September.

My Take: Word is that the lease rates for the G37 have stayed the same as July (not surprising since that was the case last year as well). It is still a bit early in the month, so I will update this post if there are any changes. For people within driving distance of the Los Angeles area, you might want to read the August 09 Announcements (if you haven’t already) for information on David’s sale price for the G37 coupes. I think it’s a very good price considering so many people have been getting over-invoice pricing. Oh, if you are a “Facebooker”, be sure to join the RIDE with G page!

Check out the new LIST for the recommended leases of the month.

2009 Infiniti G37

The Wall: JC59’s 2009 Infiniti G37 Sedan

Published 2009/08/212010/11/13 by G