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Prices Paid: Buying & Leasing Experiences 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: pmeswani (Jun 29, 2007 10:58 am) 1500 down (includes the 1st month) than $499 for 21 mths sound like a good deal? |
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I have been sitting on the computer for over two hours (check the time this post was written) trying to figure out How Monthly Lease Payments Are Calculated, I get all screwed up with the Money factor... I get butterflies at the thought of going to the dealership ALL alone feels like I am going to voluntarily Throw myself to the blood hungry wolves.  Please any one help me as to any insight for checking dealers number's 
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Replying to: redvelvet2620 (Jun 30, 2007 11:44 pm) Stay calm. It's very easy to calculate a lease. Use this link at edmunds and print it out. If your not going to negotiate over the phone, then bring this step-by-step guide and a calculator. The most important thing is negotiating the car price and making sure the dealer is using the correct residual and money factors. After that, the numbers work themselves out. If you have any specific questions, I'll try to help.  http://www.edmunds.com/advice/leasing/articles/48365/article.html Sal
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Hey, I just checked Edmund's FX35 page and they state that there is a $1000.00 in dealer cash now. Everybody should get their dealers to accept at least $500.00 BELOW invoice if they can. Stay strong and fight hard!! Good luck to all!! Sal
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Replying to: verystingy (Jul 01, 2007 3:07 am) Also, as a general question to all, is it worthwhile to figure in and bring up dealer holdback during lease negotiations, or does this just tend to antagonize the dealer and make them dig in their heels more?? Thanks.
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Replying to: verystingy (Jul 01, 2007 2:53 am) 44525.00(MSRP) X .72 (RESD) = $32,058.00 $41,480.00(SELL PRCE) - 32,058.00= $9,422.00 / 36(TERM)= $261.72 $41,480.00 + $9,422.00= $50,902.00 X .44= $223.96 $261.72 + $223.96= $485.68 X .8375(TAX)= $526.35 This is so simple but i have to admit I keep getting stuck taking the sell prce + resd val= then multiply the MF... oh dear they are going to eat me alive... but this deal don't sound to great I am going to try a 21 month (do infiniti have 24 month leases?) and HAGGLE some more...  oh boy wish I had an accountant for this elementry math haha ha no but really maybe because I am scared it feels like I am getting married and as the days get closer to me meeting the dealers I get all crazy feelings maybe when the time comes I'll get HITCHED!!!!
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And NOW there is dealer incentives WHERE IN THE WORLD WOULD I DEDUCT THAT FROM OH DEAR JUST WHEN I THOUGHT I WAS PASSING MATH 101....
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Replying to: verystingy (Jun 28, 2007 6:58 pm) 41,960.00 x .72 = 30,211.20 37,455.00 - 30,211.20 = 7,243.80 / 21 = 344.94 37,455.00 + 7,243.80 = 44, 698.80 x .44 = 196.67 344.94 + 196.67 = 541.61 x 7% (37.91) = 579.52 he was told 471.00 including taxes, then you said according to his numbers it should be 452.40... I am not trying at all to cause ANY problems I am just trying to make sure I as a female do not get gobbled up by those fast talking, in the blink of an eye changing number's, not willing to give you your rebate or incentives dealers, I feel like they are big fire breathing dragons that stop the princess from being rescued by her knight and shining armor oh please help me 
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Replying to: redvelvet2620 (Jul 01, 2007 2:43 pm) Do me a favor and tell me exactly what model and options you are planning to get. I want to see what the actual invoice price is versus the MSRP. Then I'll try to give you numbers to shoot for. I think your sell price is too high for the MSRP listed. I would recommend the 21 month lease because the interest rate is so low (and I don't want to have to replace those tires....they are big money). Thanks. Sal P.S. - Your money factor should be 0.00044 not .44
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Replying to: jmac03 (Jul 01, 2007 11:31 am) Yes, dealer incentives definitely apply to leases. When you are negotiating the car price, try to get it for at least $500.00 BELOW invoice (if not better). This excellent selling price, high residual, and low interest rate make for an attractive monthly lease payment for an expensive vehicle. Good luck. Sal |
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