Currently in an Infiniti QX50 I got 3 years ago. Infiniti was definitely ambitious with the residual so the vehicle is now worth significantly less than the payoff. That means I won’t be trading it, but riding out the lease. My turn-in is December 1.
How far in advance do I need to start shopping if I want to get a deal? I’m trying to avoid waiting too late and being in a crunch where I have to take the best offer even if it isn’t that good, but since I am not trading I also kinda don’t want to get a new car now and still have to eat 3 more payments on the Infiniti. Hoping the experts can offer some advice. Hell, maybe November is a terrible time to car shop and I would save enough buying late summer to justify eating a few extra payments. Leaning toward BMW or Mercedes, but that’s just because they seem to lease fairly well. I’m pretty flexible. Of note if it’s relevant, I am in a fairly small market with few options to play dealers off each other.
For me, I would have been looking at lease deals 1 month after the lease started.
In all seriousness, if there’s a specific car that you’re dying to replace your Infiniti with, don’t pass up on a great offer.
But other than that, there’s no rush. You could honestly keep waiting until the very last day of the lease, and a broker could get you what you want by the end of the day depending on your area. Not sure about Infiniti financial services in particular, but a lot of times you’re allowed to extend your lease a few months extra if you need to.
About the only thing I had a bit of a boner for was a new convertible, but they all seem to lease really badly. There’s a 2019 440 convertible I keep eyeing, but the local dealership has only one in stock so I don’t see them coming off MSRP as much as I would need. Not sure we have any brokers around here. Small city. BMW is likely my best bet since there are 3 dealerships within an hour of me.
I know Infiniti at least gives me a month grace period. Found that out last time when I was mistaken about my turn-in date. Not sure if they would actually let me go month-to-month if it came to that.
Oops, sorry. I did scroll down a bit to see if I saw the same question but didn’t actually search for it.
I was using the lease “deals” on the dealership website that require a buttload of money down as a bellwether. If I see a payment I can live with, that makes me think the residual and MF are good and all I would need to do is get the price lowered to make it 0 down. Based on that a 2019 GLC looked pretty doable, but I may be presuming too much about their ability to come off MSRP.
Please read up on leasing here and what people say. The “deals” on a dealer’s website are almost never a deal, limited to one stock number, extremely low mileage, etc.
