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Infiniti FX35 / FX50 Lease Questions
1690 messages, Last post on May 18, 2013 at 11:55 AM
You are in the Prices Paid - Buying & Leasing Experiences Forum.What is this discussion about? Infiniti FX35, Infiniti FX45, Infiniti FX50, Car Leasing, SUV
#570 of 1690 Re: Dealer not budging [9squaregrid] by Car_man HOST
May 11, 2007 (2:40 am)
Replying to: 9squaregrid (Apr 11, 2007 5:13 am)
Hi 9squaregrid. The money factor that you were quoted for this truck is too high. Infiniti is currently pushing 21 month leases of the FX35 right now. Infiniti Financial Services' current 21 month, 12,000 mile per year buy rate lease money factor and residual value for the 2007 FX35 AWD are .00044 and 72%, respectively. As far as this truck's selling price goes, there is a spread of around $3,200 between its full MSRP and its dealer invoice price. So if you are getting a $2,500 discount as you suspect (you should really confirm that it the case) you are getting a pretty good deal. It wouldn't hurt to stop by the following discussion to compare the price that you were quoted to what other community members have paid for similar trucks lately: "Infiniti FX45 / FX35: Prices Paid & Buying Experience".
Car_man
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#571 of 1690 Re: Got one! [9squaregrid] by Car_man HOST
May 11, 2007 (2:54 am)
Replying to: 9squaregrid (Apr 15, 2007 9:56 am)
Congratulations on your new FX, 9squaregrid. Any price on a lease of an '07 Infiniti FX35 that's under dealer invoice is a good one. Thanks for taking the time to share the details of your lease with everyone. Enjoy! Car_man
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#572 of 1690 Re: Lease dilema... [kichus] by Car_man HOST
May 11, 2007 (3:00 am)
Replying to: kichus (Apr 20, 2007 6:02 am)
Hello kichus. In May Infiniti is really pushing 21 month leases of the FX35. Infiniti Financial Services' current buy rate lease money factor and residual value for a 21 month lease of a 2007 FX35 AWD with 10,000 miles per year are .00044 and 72%, respectively. This is the term that I would go with if I was in the market for an FX right now. Let's take a look at the selling price that you were quoted. The vehicle that you described has a spread of around $4,300 between its full MSRP and its dealer invoice price. So the discount of $4,000 that you were quoted looks very attractive to me.
Car_man
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#573 of 1690 Re: Bad Deal or Good deal?? 1st time leasing [jokol2] by Car_man HOST
May 11, 2007 (3:10 am)
Replying to: jokol2 (Apr 23, 2007 3:09 pm)
Thanks Joe. Since this is your first time leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. Let's take a look at the price that you were quoted for this truck. The Infiniti FX35 that you described has a dealer invoice price of around $40,300. This means that the selling price that you were quoted is around $1,500 over invoice. There's enough room there that it wouldn't hurt to see if you can get this dealer to lower your price a little bit or perhaps comparison shop to find a dealer that will. Make sure to stop by the following discussion to see how much other community members have paid for similar trucks lately: "Infiniti FX45 / FX35: Prices Paid & Buying Experience". Make sure to keep in mind that the dealer cash that is available on this model right now is not compatible with its special lease program.
Infiniti is really pushing 21 month leases of the FX in May. It's best lease program is available for that term. If you were to lease a 2007 Infiniti FX35 AWD through Infiniti Financial Services for 39 months with 12,000 miles per year right now, its buy rate lease money factor and residual value should be .00120 and 56%, respectively. Make sure that the dealer you lease from uses this factor to calculate your monthly payment.
Car_man
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#574 of 1690 Re: $2000 incentives not applicable to leases? [grandzu] by Car_man HOST
May 11, 2007 (3:11 am)
Replying to: grandzu (Apr 23, 2007 5:21 pm)
What you were told is correct, grandzu. The dealer cash that Infiniti is providing on the 2007 FX35 is not compatible with its special lease program. Car_man
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#575 of 1690 Re: What's a good and fair lease deal nowadays? [wheedler123] by Car_man HOST
May 11, 2007 (3:14 am)
Replying to: wheedler123 (Apr 26, 2007 9:55 am)
Hi wheedler123. This truck's lease payment will vary depending upon what its full MSRP and selling price are. I would be happy to use Infiniti Financial Services' current lease program to estimate what the monthly payment would be on the lease that you are interested in, but it would be a big help if you provided me with these prices first. You can look up this vehicle's MSRP by visiting the New Vehicle Pricing section of this site. I can give you an approximate selling price if you tell me what the dealer invoice price as well. Car_man
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#576 of 1690 Re: I need INPUT before I sign my lease!!! [bcny] by Car_man HOST
May 11, 2007 (3:20 am)
Replying to: bcny (Apr 28, 2007 6:22 pm)
Hi bcny. The money factor that you were quoted is in line with what others have reported getting in April. Infiniti actually enhanced the FX's lease program for the month of May. It is currently pushing 21 month leases of this model. Its new May buy rate lease money factor and residual value for a 21 month lease of an '07 FX35 AWD with 10,000 miles per year are .00044 and 72%, respectively. That's the way that I would go if I was in the market for this model right now. You never mentioned the selling price or MSRP of the FX35 that you are interested in leasing in your post. These are important numbers 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 this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would happy to give you my opinion on the deal you are getting if you let me know what these numbers are.
Car_man
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#577 of 1690 Re: Pull the trigger? [tfila] by Car_man HOST
May 11, 2007 (3:23 am)
Replying to: tfila (Apr 30, 2007 9:43 am)
Greetings tfila. Infiniti enhanced the FX's lease program for the month of May. It is currently pushing 21 month leases of this model. Its new May buy rate lease money factor and residual value for a 21 month lease of an '07 FX35 AWD with 10,000 miles per year are .00044 and 72%, respectively. That's the way that I would go if I was in the market for this model right now. I see that you mentioned this truck's capitalized cost in your post. That's great because this is a very important number to have. If you tell me what its MSRP is, I will be able to see how much of a discount you are being given and I'll let you know what I think.
Car_man
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#578 of 1690 Re: carman, are these numbers accurate? [atfryar] by Car_man HOST
May 11, 2007 (3:27 am)
Replying to: atfryar (May 03, 2007 7:27 am)
Hi atfryar. The money factor and residual value that you were quoted are right in line with Infiniti's new enhanced 21 month lease special for this model. The truck that you described has a spread of around $3,500 between its full MSRP and its dealer invoice price. You are only being given a discount of around $1,700 on the specific model that you are interested in. I personally would want a larger discount than that. Try stopping by the following discussion to see how much other community members have paid for similar trucks lately: "Infiniti FX45 / FX35: Prices Paid & Buying Experience". Car_man
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#579 of 1690 Re: Lease Calc& sat radio [atfryar] by Car_man HOST
May 11, 2007 (3:33 am)
Replying to: atfryar (May 07, 2007 8:41 am)
Hi atfryar. Satellite radio would be included in your vehicle's MSRP when calculating the residual value for your lease. How much it adds to the selling price of your vehicle depends upon what price you negotiate on it. Car_man
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