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Infiniti FX35 / FX50 Lease Questions

1364 messages, Last post on Dec 01, 2009 at 5:09 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Car_man (Apr 02, 2009 2:14 am)
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Replying to: jxlxr (Mar 23, 2009 8:50 am) Ended up doing this, going to new york and getting the following deal (bear in mind I'm a VA resident) FX 35 AWD with all 5 packages - Tech - Nav - Delux - Premium - DVD final price was about 57k Lease deal WITH 2k loyalty credit - 662 a month - 662 due at signing - 39 months - 15 miles So I think this was a pretty good deal. Here is the funny part. Got a call yesterday from the dealer, saying infinite leasing rejected wrapping the VA taxes into the lease, or something like that, basically saying, that in VA, the taxes have to be paid up front. This doesn't make sense to me. Does anyone know if that's possible? So now the dealer, after everything is done is trying to get me to pay the taxes, 2.6k and claiming they can drop the lease rougly 30 dollars a month, from 662 to 630. That general seems to low to me anyway as doing my math they would need to drop the lease payment more like 60 - 70 dollars. Anyway, the question is: - Is there any truth to having to pay the taxes up front in VA? Simon
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Hi All, Any idea on what the April program is like compared to March ? What are the new 36/39 rates/ residuals for the lower mileage leases ? Im debating a FX35 with the premium package and am a current inifiniti lessee, but im unsure what my target cap should be. Im hoping the deal got better than what I have read from last months since their sales were down yet again ! Thanks for any help !
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What's the deal with lease rates on the FX50 in southern california? There are a few dealers who have them in stock, but they are pretty hard nosed about dealing. What are the money factors and residuals? I understand that I can get a pretty good deal on an FX35, but I want an FX50. Any help would be appreciated!!
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Replying to: sgillmore (Apr 03, 2009 6:28 am) |
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Replying to: sgillmore (Apr 03, 2009 6:28 am) Otherwise the deal looks good. I estimated some numbers based on what you said and came up with the following: Sticker Price 57000 Cap Cost 51000 Residual Rate 0.5 Residual value 28500 Term (months) 39 Depreciation 576.92 Money Factor 0.00091 Monthly Interest 72.35 Payment 649.27 |
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okay so I spoke with the local Infiniti dealer here in va and they said 100% in no uncertain terms you CAN wrap the tax payment up into the lease in VA. So who's right?
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Replying to: sgillmore (Apr 03, 2009 8:57 pm) However, isn't the tax rate on vehicles something like 3.17% in VA? regards, kyfdx Host-Prices Paid Forums
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Replying to: kyfdx (Apr 04, 2009 6:32 am) - Simon
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Replying to: kyfdx (Apr 04, 2009 6:32 am) The VA dealer is correct, while you do have to pay the tax upfront, nothing is stopping you from financing it by capitalizing it in the lease. It is no different than many leases that add the bank fee back into the cap cost to get that true no down payment lease. |
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