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Infiniti FX35 / FX45 Lease Questions

1011 messages,  Last post on Oct 07, 2008 at 5:53 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#479 of 1011
Net Cap - Review Deal on FX35 w/ Touring & HandsFree by rocco50
Feb 22, 2007 (11:59 pm)
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Guys, Carman, please tell me what you think about the following numbers I got from the Infiniti dealer today:
 
This is with a money factor of .00125 and 70% residual for an '07 w/ Touring, 27 months lease with 10k /yr mileage.
 
Invoice: 36,126
Hands Free: 517
Touring: 1121
Splash Guards: 90
Roof Rack: 214
Destination Charge: 700
--------------------------------------------------------------------------------- --------------------
Total Invoice: 38,768
 
MSRP is 42,290
 
This is the deal:
--------------------------------------------------------------------------------- --------------------
Capitalized Cost: 39,100.00
Total A.M.O.'s: 0
Service Cont.: 0
Tax: 831.43
Doc Fee: 55.00
Gov Fees: 5.00
Total Cap: 39,991.43
Cap Reduction: 0.0
Net Cap.: 39,991.43
Residual: 70%
Total Depreciation: 10, 388.43
 
Depreciation: 384.76
Rent: 86.99
Monthly Pmt: 471.75
 
Pro-Rata: 0
Cap Reduction: 0
Tax: 0
License Fees: 280.50
Advance Pmts: 471.75
Security Deposit: 0.00
Bank Fee: 595.00
Total Drive Off: 1,347.25
Less Net Trade: 0
Cash Due On Delivery: 1,347.25
 
Deal State is New Jersey
Rate: 1.250
Term: 27 months
 
Dealer said he is charging me around 300 over invoice, which brings it to 39,100. Which appears as the Capitalized Cost above. I don't understand why the Net Cap is listed at 39,991 ? It seems value 831.43 from the Tax field is added, is that the NJ tax bundled in? I did ask him to give me the figures with the state tax. Should it appear in the Net Cap however, isn't that the "negotiated, or selling price"?
 
On the other hand the acquisition fee is not included in the Cap ?
 
Also, should I be paying the Destination and Handling Charge or no?
 
They also said Gap insurance is included and the disposition fee will be waived.
 
P.S.: I was looking to get one in the end of 2005 but decided to drive my car for another year. Hopefully I learned something about leases since then, maybe not Looks like this year's model went up in price, and the MF went up as well...
#481 of 1011
should i do business with this Dealer? by certifiedg718
Feb 24, 2007 (8:18 am)
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i dont know much about leasing and was just recently informed about its ups and downs. i went to Atlantic Infiniti and started talking to a dealer and she was really pushing me to lease a Fx 35, and that i would only be paying 411.65 a month with a 3,000 down payment. Looking at this thread showed me that i actually never discussed the price of the car, we just jumped straight in to the leasing part. I actually dont even know if im get the sport, tech or touring package and now that i think i about she was just forcing me in to something i know nothing abut. she didnt mention any of the other aspects of leasing like the Residual and Gap insurance. so should i do business with her and is this a good deal?
#482 of 1011
Finalizing a lease on a 2007 FX35 by vegasrph
Feb 24, 2007 (5:00 pm)
Reply
I am finalizing a lease deal on a 2007 FX35 (RWD) that has the following:
Diamond Graphite exterior
Brick (red/orange) interior
Touring/Hands-Free/Sport Packages
Cargo Protector and Mud Flaps
MSRP $42,610
Invoice $38,951
My price (Cap Cost) $39,451
For 27 months (with $1500.00 due at signing) = $450.00 + tax
For 39 months (with $1400.00 due at signing) = $457.00 = tax
To me, I think we struck a very good deal. Now I have to decide how long to keep the FX35? (27/39 months)
I contacted an out of state dealer via internet dept and was given the best quote vs local dealers, going thru internet sales dept seems to be the best route. I have done this before with other dealers and is worth the time contacting several dealers and for me driving 200 miles to pick up the new FX35. Good luck everyone!! Hope this helps!
#483 of 1011
07 FX35 Lease offer by hartt
Feb 25, 2007 (8:11 am)
Reply
Here's the offer.
'07 FX35 AWD
MSRP:$42,450
Invoice:$38,881
Lease price:$39331 ($450 over invoice)
27 months/12k a year
MF:.00125
Residual:.69%
I'm at a payment of $485.11 which included 6% tax. If I roll in the $595 acquisition fee it takes the payment to $509.25.
Any thoughts??
#484 of 1011
BUYBACK AFTER LEASE, NEED HELP!!!! by konradek
Feb 28, 2007 (7:53 pm)
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My friend just turn his car 2003 infiniti fx45 with tech package.His residual is $26,900.
I am willing to purchase it. The salesman called me after 2 hours and told me it wil be 31,377 out the door, which is 2,000 more what it suppose to be. (taxes in nevada 7.5%).
The told they have to buy the car from infiniti and the price is higher than residual which I think is crap.
What do you think, any suggestions?
#485 of 1011
Re: BUYBACK AFTER LEASE, NEED HELP!!!! [konradek] by qbrozen
Mar 01, 2007 (7:13 am)
Reply

Replying to: konradek (Feb 28, 2007 7:53 pm)

hmmm... well, you say he turned it in already? i'm curious as to the answer to this as well. I mean, if you went with him to turn it in, you probably could have worked something out. Better yet, what you really should have done was buy it from your friend directly.
 
As it is, since he turned it in, it really did go back to Infiniti and the dealer had to buy it from them. Question is, what did they have to pay? I'd be surprised if they had to pay more than the residual, but I guess anything is possible. Maybe a dealer can help you with that question. (there used to be a "any questions for a car dealer" board, but I think that may have been shut down. you could always try "stories from the sales frontline" because there are lots of salesfolks who hang out there.)
 
Anyway, I think the dealer is trying to make a profit, and there really is nothing wrong with that. Maybe you can get them down some, but I also have a feeling that may still be a decent price for that vehicle. Have you priced similar ones in your area?
#486 of 1011
$2,000 Incentive in March for FX35 by maxim49
Mar 01, 2007 (8:36 pm)
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Car_man - I see that there is a $2,000 incentive for the FX35 AWD for March. Does this apply to leases as well?
And if you can please provide the most current MF and Residual for the 27 month lease 12K miles/year, that would be great!
thanks!!
#487 of 1011
Re: $2,000 Incentive in March for FX35 [maxim49] by dgokhshtein
Mar 02, 2007 (8:33 am)
Reply

Replying to: maxim49 (Mar 01, 2007 8:36 pm)

i work for infiniti. the $2,000 is only on a buy. there's nothing on the lease. the new rates on the march programs are actually great.
#488 of 1011
Re: $2,000 Incentive in March for FX35 [dgokhshtein] by maxim49
Mar 02, 2007 (9:08 am)
Reply

Replying to: dgokhshtein (Mar 02, 2007 8:33 am)

Thank you. Can you please provide what the rates are for March?
Thanks.

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