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Infiniti FX35 / FX45 Lease Questions

992 messages,  Last post on Aug 07, 2008 at 10:18 AM

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What is this discussion about? Infiniti FX35, Infiniti FX45, Car Leasing, SUV

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#113 of 992 2005 FX35 Touring Lease Deal - Opinions? by riemu7 Jan 05, 2006 (3:56 am)
Just need some advice if this is a good lease deal:   2005 FX35 Touring, Black/Willow MSRP $40,650   Negotiated to 18,000 miles/year, 39 months, $2500 down, $457.02/month.   We didn't discuss any of the particulars in the formula (money factor, residual, etc.)   Just wondering what others' thought. It seems reasonable, however I think I can tweak some of the numbers (slightly more miles, less monthly payment). I put a lot of miles on my cars living in Detroit. Replies to this message: Car_man (Jan 09, 2006 4:16 am)
#114 of 992 Re: 2005 FX35 Touring Lease Deal - Opinions? [riemu7] by Car_man HOST Jan 09, 2006 (4:16 am)
Replying to: riemu7 (Jan 05, 2006 3:56 am) Hi riemu7. You never mentioned the selling price of the truck that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the FX that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion on the lease that you were quoted if you let me know what the selling price is.   Car_man Host Smart Shopper / Prices Paid Forums
#115 of 992 FX35 2WD FULLY LOADED LEASE by mark625 Jan 15, 2006 (3:35 am)
Hi Car_man   What do you think of this lease offer:   2005 FX35 2WD   COMES WITH OPTIONS: - SPORT APPEARANCE PACKAGE - TOURING PACKAGE - TECH PACKAGE - SPLASH GUARDS - CARGO AREA PROTECTOR    MSRP: $44,610 YOUR BEST OFFER PRICE (LEASE): $40,503 YOUR BEST OFFER PRICE (PURCHASE): $39,543    LEASE TERM: 36 Month with 12,000 Miles per year BASE ON CREDIT SCORE 750+ STATE TAX RATE 7.75%   $3,000 DRIVE OFF $506.93 PER MONTH (TAX INCLUDED)   Should I go for it? or what is your suggestion? Thanks! Replies to this message: larez2 (Jan 17, 2006 12:51 am) jocko1 (Jan 23, 2006 2:49 pm) Car_man (Jan 27, 2006 3:48 am)
#116 of 992 Re: FX35 2WD FULLY LOADED LEASE [mark625] by larez2 Jan 17, 2006 (12:51 am)
Replying to: mark625 (Jan 15, 2006 3:35 am) The vehicle you describe with those options has an MSRP including destination of $44,970, and an invoice price of $40,818. The price you are being quoted, $40,503 is good, it looks under invoice to me. There is a $1000 incentive cash for purchases only - that's why the it's $1000 less if you buy.   How much of the $3000 drive off is the "Capital Reduction Cost"? My guess is $1851.50.   I calculated the lease payment with the MSRP you gave and a Capital Cost of 38,651.50 (the 40,503-1851.50 capital reduction). The lease payment you were quoted is inline with the current 36 month 12k miles FX35 2wd lease offer. 53% residual, and .00086 money factor.   Car_Man advises against putting money down. There are several reason for this, the main one is, let's say you lease it, and the car somehow gets totalled. Your insurance company will pay off the vehicle directly to infiniti, and give you nothing. And you're out $3k.   If you did zero drive off I calculated a payment of $599.50 including tax/month for that vehicle. A difference of $3348 over the life of the lease, but you get to keep your $3k now.   Good Luck, Larez2 Replies to this message: jocko1 (Jan 23, 2006 2:49 pm)
#117 of 992 Re: FX35 2WD FULLY LOADED LEASE [larez2] by jocko1 Jan 23, 2006 (2:49 pm)
Replying to: larez2 (Jan 17, 2006 12:51 am) Can someone please tell me what kind of discount I should expect to receive when purchasing a demo? I negotiated a for 2005 FX AWD with touring and tech for $500 below invoice (on a lease). The salesperson then told me about the exact vehicle with just over 5,000 miles. He told me he would knock off $2,000.00 off the price if I took it. I don't know what to do. Note that this is for a lease so as I understand, the factory to dealer cash doesn't apply. Please let me know.
#118 of 992 2005 FX35 AWD Quote by gmsalvation Jan 24, 2006 (2:02 pm)
I just received a quote for a 2005 FX35 and was wondering what you guys think. I am looking at a 05 because I can get a better deal than a new 06.   2005 FX35 AWD w/Touring, XM, roof rails, splash guards, and cargo mat.   Lease length: 39 months Miles: 15,000/year MSRP: $40,960 Cap cost: $37,784 Residual: 53% Money Factor: .00082 Due at signing: $1274.83 (includes 1st payment, license, title, doc fee, bank fee and tax).   Total payment: $488.63 (includes 6% MI tax)   What do you guys think? The dealer says this is $300 over invoice and is what is being offered to employees. Replies to this message: Car_man (Jan 27, 2006 4:08 am)
#120 of 992 Re: FX35 2WD FULLY LOADED LEASE [mark625] by Car_man HOST Jan 27, 2006 (3:48 am)
Replying to: mark625 (Jan 15, 2006 3:35 am) Hi mark625. The selling prices that you were quoted for this truck look very attractive to me. That down payment that you are being asked for is a little high though. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your FX35 would be exactly the same, regardless of whether you had put several thousand dollars down, or had made absolutely no down payment at all. At lease signing, all you have to pay on this vehicle right now are its first month's payment and Infiniti Financial Services' $550 lease acquisition fee (it is waiving its security deposit requirement on all models this month).   Car_man Host Smart Shopper / Prices Paid Forums
#121 of 992 Re: 2005 FX35 AWD Quote [gmsalvation] by Car_man HOST Jan 27, 2006 (4:08 am)
Replying to: gmsalvation (Jan 24, 2006 2:02 pm) Hi gmsalvation. I guess that you apparently are not GM's salvation if you're buying an Infiniti instead of a Cadillac . The selling price that you were quoted for the FX35 that you are interested in looks very attractive. It is right around dealer invoice, just as you were told. The lease money factor and residual value that you were quoted are right in line with Infiniti Financial Services' base lease program for this model as well. If you like the FX35, I don't see any reason not to go ahead with this deal.   Car_man Host Smart Shopper / Prices Paid Forums
#122 of 992 Lease Numbers for 2006 FX45 by jimity Jan 27, 2006 (7:59 pm)
Carman,     What are the lease numbers for the 2006 FX45. I'm looking at either a 24, 36 or 39 month lease. Replies to this message: Car_man (Feb 14, 2006 4:16 am)

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