Robocop
Moderator, *Mammoth Killer*
Ok I have a decision to make here and need some advice from others who may have done a vehicle lease in the past.
I have looked at new vehicles and had decided on a new Frontier 4x4 for about 24k. I plan to keep my Tacoma as it is paid for and really a great truck. I had originally wanted an Infiniti G35 coupe however at 36k it was possible however not really practical as it would greatly change my lifestyle.
So having almost finished my Frontier deal I learned that the new Infinity G35 could be had for roughly the same payment however it was with a lease only. The dealer made it sound real slick stating it was a closed end lease and can be had for no money down. He spoke of residual values and other terms and I actually considered it for a moment however like all else I must research this first....I know nothing of lease terms nor the fancy words used to explain them. The dealer stated the cost of the vehicle is negotiable even on a lease and that 15k yearly on mileage was standard however miles could be added up front to 20k or even 25k yearly if need be. No money down could be done and that buy back was an option at the end or simply turn the vehicle in and walk away after 24 months or even 36 months if I choose that time limit.
So has anyone here had good experience with a lease and especially a lease on an Infiniti or other luxury car? Some co-workers have tried to help me however most say it depends on my situation with the majority warning me against a lease.
I drive about 55 miles daily to and from work and have the occasional trips to the store on my days off. I have no other bills with the exception of my house payment and utilities and maybe a few credit cards that could be paid off anytime if need be. I keep them active mostly with a few hundred dollars each in order to keep my credit score high. I have no kids and live alone with an income of about 45k yearly. I plan on keeping my Tacoma for a spare vehicle and have to now decide if I should buy the Frontier as that is easily obtainable or should I go for a much more costly vehicle on a lease with the above described terms.
I like the Frontier however that G35 just hooked me with that test drive....man what an incredible car that is....any help on this would be appreciated.
I have looked at new vehicles and had decided on a new Frontier 4x4 for about 24k. I plan to keep my Tacoma as it is paid for and really a great truck. I had originally wanted an Infiniti G35 coupe however at 36k it was possible however not really practical as it would greatly change my lifestyle.
So having almost finished my Frontier deal I learned that the new Infinity G35 could be had for roughly the same payment however it was with a lease only. The dealer made it sound real slick stating it was a closed end lease and can be had for no money down. He spoke of residual values and other terms and I actually considered it for a moment however like all else I must research this first....I know nothing of lease terms nor the fancy words used to explain them. The dealer stated the cost of the vehicle is negotiable even on a lease and that 15k yearly on mileage was standard however miles could be added up front to 20k or even 25k yearly if need be. No money down could be done and that buy back was an option at the end or simply turn the vehicle in and walk away after 24 months or even 36 months if I choose that time limit.
So has anyone here had good experience with a lease and especially a lease on an Infiniti or other luxury car? Some co-workers have tried to help me however most say it depends on my situation with the majority warning me against a lease.
I drive about 55 miles daily to and from work and have the occasional trips to the store on my days off. I have no other bills with the exception of my house payment and utilities and maybe a few credit cards that could be paid off anytime if need be. I keep them active mostly with a few hundred dollars each in order to keep my credit score high. I have no kids and live alone with an income of about 45k yearly. I plan on keeping my Tacoma for a spare vehicle and have to now decide if I should buy the Frontier as that is easily obtainable or should I go for a much more costly vehicle on a lease with the above described terms.
I like the Frontier however that G35 just hooked me with that test drive....man what an incredible car that is....any help on this would be appreciated.