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Infiniti FX35, Infiniti FX45, Infiniti FX50, Car Leasing, SUV
#1028 of 1712 Leasing 2008 FX35 w/ Sports Package, Hands free package, Touring Package
Nov 17, 2008 (9:14 am)
I would like to know if this is a good deal or not. I am concerned that the money rate is too high but I was told this was the best rate that Infiniti would give on a new 2008 FX35. He rated me on a Tier 1 without running my credit. I have excellent credit.
2008 FX35 with Sports Package, Hands free package, Touring Package, Roof Rail Cross Bars, and Ipod Interface
CAP COST: $35800
MONEY FACTOR: 0.00325
INFINITI LOYALTY LEASE CASH: $500.00
Is this really the best money factor you can get? THe price seems good but I am concerned about the money rate and I would like to confirm that 500.00 loyalty cash on an '08 lease, is this the best that they can do?
#1029 of 1712 Re: Leasing 2008 FX35 w/ Sports Package, Hands free package, Touring Package [girlhoo]
Nov 17, 2008 (10:22 am)
That is a TERRIBLE money factor. It equals an APR of 7.8% I would laugh in their face and go to another dealer.
If you are doing a lease, the best you will find right now through Infiniti appears to be 5.4% or a money factor of 0.00225.
Even if you are buying this car, with good credit you should find an APR more in the range of 4.5% - 6%.
And last, the customer loyalty discount is $2,000 for leases and 4k on a purchase not $500.
#1030 of 1712 Re: Leasing 2008 FX35 w/ Sports Package, Hands free package, Touring Package [jayrandall]
Nov 17, 2008 (10:51 am)
Thank you for your reply. I did want to confirm this because I am looking to purchase a 2008 FX35 not the 2009. What I am being told is the money factor is different from a 2009 FX35 Lease and also the customer loyalty discount on the 2008 is $500.00 not $2000
Is this true?
#1031 of 1712 Re: Leasing 2008 FX35 w/ Sports Package, Hands free package, Touring Package [girlhoo]
Nov 17, 2008 (11:34 am)
Got it. That sounds correct. The 2008 models will have different money factors but the APR's should be better then the 2009 models. And just take a look at the promotions on the Infiniti web site for the FX35 2008 edition. 0.0% APR is listed everywhere. I don't know about buying an 2008 FX through Infiniti, though, or what the going money factor would be for a purchase.
#1032 of 1712 Re: Leasing 2008 FX35 w/ Sports Package, Hands free package, Touring Package [girlhoo]
Nov 17, 2008 (4:55 pm)
I believe you can easily get 10K off MSRP off FX35 and 12K-13K off MSRP of an FX45. Your price then should be $33620 and then take $500 off for loyalty for a price of $33120.
I am not sure about the leases but for purchases on the Infiniti website, you can get 0% apr for 24 and 36 months and .90% for 48,60, and 72 months.
Your money factor is .00325 X 2400= interest rate which in this case is 7.8% as some else already mentioned. Too high.
It might be cheaper if you want to purchase if you plan on keeping the car for a while.
Which dealership is this and how many 2008 FX 35s do they have in stock?
#1033 of 1712 Re: Hey Car Man?? [kshankar]
Nov 17, 2008 (6:25 pm)
Hi kshankar. Manufacturers report their inventory levels on a monthly basis, but unfortunately, they do not break them down by model year.
Prices Paid: Buying & Leasing Experiences Forum
#1034 of 1712 Re: Hey Car Man?? [Car_man]
Nov 17, 2008 (6:46 pm)
Is there a way to find out how many 2008 FX45s are available in the country?
Unfortunately the infiniti website cannot search dealer inventory. It used to at one point several years ago.
#1035 of 1712 Re: Hey Car Man?? [kshankar]
Nov 18, 2008 (4:14 am)
Hey Kris. I checked the Infiniti web site too, but alas there is no dealer inventory search function. I would probably be able to find out how many total FXs Infiniti has in the country, publications like Automotive News publish this data for the general public, but again this data is not broken down by model year so it probably will not help you.
Prices Paid: Buying & Leasing Experiences Forum
#1036 of 1712 Re: Hey Car Man?? [Car_man]
Nov 18, 2008 (8:01 am)
I tried cars.com and it came up with 21 new FX45s in the country. I just do not know how accurate that may be. If you can find info on Automotive News, that would be great. For model year it should be simple, since its only FX45s which are no longer being produced. I would think all unsold 2008s would show up unless there are a few unsold 2007 ones as well.
#1037 of 1712 Need Lease Help! FX35
Nov 18, 2008 (11:05 am)
I'm coming off a pervious FX 35 lease. I test drove the new FX35 2009 this weekend and have started contacting dealers to get the best price.
I'm a bit confused, as the pricing has gone WAY up from my last lease.
Can you all give me the bottom line on a great lease price for an AWD FX35 with 15K miles? I can be flexible on the length of the lease. They are saying that the 39 month lease is being offered now.
The first offer I got...seemed HIGH.
$2k in owner appreciation
.0024 and 53%
$3,500 down and $577.15
This seems really high to me. Can I get some help on what you all think is a GOOD deal for this vehicle?