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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

What is this discussion about? Infiniti FX35, Infiniti FX45, Infiniti FX50, Car Leasing, SUV


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#666 of 1364
Re: Leasing: elementry math? [redvelvet2620] by verystingy
Jul 01, 2007 (2:53 am)
Reply

Replying to: redvelvet2620 (Jun 30, 2007 11:44 pm)

Redvelvet,
   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
#667 of 1364
DEALER INCENTIVES ARE BACK!!!! by verystingy
Jul 01, 2007 (3:07 am)
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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
#668 of 1364
Re: DEALER INCENTIVES ARE BACK!!!! [verystingy] by jmac03
Jul 01, 2007 (11:31 am)
Reply

Replying to: verystingy (Jul 01, 2007 3:07 am)

Sal: Thanks for the good news! Just to confirm, since this is posted in the leasing section, am I correct in thinking this dealer incentive applies to both purchases and leases?
 
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.
#669 of 1364
Re: Leasing: elementry math? [verystingy] by redvelvet2620
Jul 01, 2007 (1:33 pm)
Reply

Replying to: verystingy (Jul 01, 2007 2:53 am)

Thanks So Much, If you do not mind can you look at this:
 
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!!!!
#670 of 1364
leasing: Elementry math? by redvelvet2620
Jul 01, 2007 (1:35 pm)
Reply
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....
#671 of 1364
Re: 2007 FX35 lease offer [verystingy] by redvelvet2620
Jul 01, 2007 (2:43 pm)
Reply

Replying to: verystingy (Jun 28, 2007 6:58 pm)

I have been using pmeswani's numbers to practice the monthly payments formula i keep getting final monthly payments totaling $579.52...I REALLY need some help, what gets me is that IT IS SO SIMPLE.
 
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
#672 of 1364
Re: 2007 FX35 lease offer [redvelvet2620] by verystingy
Jul 01, 2007 (3:26 pm)
Reply

Replying to: redvelvet2620 (Jul 01, 2007 2:43 pm)

Red,
   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
#673 of 1364
Re: DEALER INCENTIVES ARE BACK!!!! [jmac03] by verystingy
Jul 01, 2007 (3:31 pm)
Reply

Replying to: jmac03 (Jul 01, 2007 11:31 am)

Jmac,
   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
#674 of 1364
Re: 2007 FX35 Lease by softwareguru
Jul 01, 2007 (5:46 pm)
Reply
Im suposed to go tomorrow to sign the docs to get my FX35,
Please let me know if Im getting a good deal
Navigation w/Sirus Sat Radio, Touring, roofracks, blk on blk
1500 down (includes the 1st month payment) than $499 includes tax for 21 mths
#675 of 1364
Re: 2007 FX35 Lease [softwareguru] by verystingy
Jul 01, 2007 (6:18 pm)
Reply

Replying to: softwareguru (Jul 01, 2007 5:46 pm)

Your leaving out a lot of important information so I'll try to guess. The MSRP for everything that you mentioned is $45810. If you can get $500.00 below invoice, then the price for the vehicle is $41340. If you are doing a 21 month/12k lease, then your residual is 72% with a money factor of 0.00044. Your monthly depreciation is $398 with an additional $37.20 in interest (bringing you to about $436.00). Then you must add in your state tax. For example, NJ is 7%, so the payment would become $466.52. This is an excellent price for a $46,000 vehicle. I think you should try to get them down a little more (in my humble opinion).
Good luck tomorrow and let us know how you make out.
 
Sal
 
P.S. - You can mention that you found out about the factory to dealer incentives this weekend and feel that you should be able to get a better price.

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