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Infiniti FX35 / FX50 Lease Questions

1358 messages,  Last post on Nov 26, 2009 at 5:39 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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#672 of 1358
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 1358
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 1358
Re: 2007 FX35 Lease by softwareguru
Jul 01, 2007 (5:46 pm)
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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 1358
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.
#676 of 1358
Re: 2007 FX35 Lease [verystingy] by softwareguru
Jul 01, 2007 (9:13 pm)
Reply

Replying to: verystingy (Jul 01, 2007 6:18 pm)

I believe that I was told the MSRP came to 46,123
He said he went off their "lease/profit" sheet
and that im 25$ below invoice...this was as of this past friday
#677 of 1358
Re: 2007 FX35 lease offer [verystingy] by redvelvet2620
Jul 01, 2007 (10:04 pm)
Reply

Replying to: verystingy (Jul 01, 2007 3:26 pm)

this quote was for a 36 month term 12k and the options was touring and hands free... you are right about the 21 month lease term. This quote was done around june 22 2007, now with all of this information I am starting to believe that the MSRP he did quote me was too high. My main focus is to make sure that I am not getting robbed. I am going all alone (did you notice how many times I said that?)
Can you take a look at what I sent him:
 
2007 FX35 AWD Black interior & exterior
Options: Touring & Hands free
MSRP: $41,960.00
Sell: $37,455.00(this includes that incentive $1,000.
Term: 21 months
Residual: 72%
M.F: .00044
Down Pymt: $1098.00
Taxes: 8.375%
Acquis fee: $595.00
 
This is the deal that I am going to aim for... do you think I should try to throw in the Navi as well... looking at the recent post above I may be able to
I would like to express how I really APPRECIATE your help, it really means a lot to me to know that there are other humans that you can turn to for help and who genuinely gives it so freely, I really am greatful
NOW let's get back to number's... so from my info above is there a way that I can calculate the monthly payments and is MY negotiating too far fetched ?
#678 of 1358
Re: 2007 FX35 lease offer [redvelvet2620] by redvelvet2620
Jul 01, 2007 (10:19 pm)
Reply

Replying to: redvelvet2620 (Jul 01, 2007 10:04 pm)

I think I got it
Are my monthly payment's $586.96 including the sales tax of 8.375% ??????
Please say that I am right!!!!
#679 of 1358
Re: 2007 FX35 Lease [verystingy] by redvelvet2620
Jul 01, 2007 (10:35 pm)
Reply

Replying to: verystingy (Jul 01, 2007 6:18 pm)

How did you coime up with that an additional $37.20 in interest, is that apart of the MF?
I tried the leasing formula everything checks out well I yes I just get stuck on the MF you stated that it's not .44, oh gosh I HAVE to get this right by tuesday.
Maybe my adrenaline is too pumped up it's stopping me from using my common sense and I am not even the dealer yet
okay I gotta go...
#680 of 1358
Re: 2007 FX35 lease offer [redvelvet2620] by verystingy
Jul 02, 2007 (3:50 am)
Reply

Replying to: redvelvet2620 (Jul 01, 2007 10:19 pm)

Red,
   No, something is wrong with your math. That's way too much. Let me try to break it down for you.
 
MSRP: 41960
INVOICE: 38524
NEGOTIATED PRICE: 38000 (about 500 below invoice)
RESIDUAL: 41960 X 0.72 = 30211.20
TOTAL DEPRECIATION = 38000 - 30211.20 = 7788.80
(NOW DIVIDE THIS BY 21 MONTHS = 370.90)
TO CALCULATE THE INTEREST: 38000 (NEGOTIATED PRICE) +
   30211.20 (RESIDUAL VALUE) = 68211.20 NOW MULTIPLE THIS
   NUMBER BY THE MONEY FACTOR 0.00044 = $30.00
ADD THE MONTHLY DEPRECIATION (370.90) + THE MONTHLY INTEREST
   (30.00) = 400.90/MONTH
NOW ADD IN THE TAX: 400.90 X 1.085 = $434.37/MONTH
 
So your monthly payment should be about $434.37 per month. Even if it's a little more, it's a strong deal. Your start up charges should be about $1400 to $1500 (depending on your states DMV charges).
If you decide to get the Tech package, MSRP goes to about $46000. Shoot for about $480.00 to $490.00 per month with only $1500.00
inceptions. Good luck and let me know how you make out.
 
Sal
#681 of 1358
Re: 2007 FX35 lease offer [verystingy] by aepheme
Jul 02, 2007 (1:23 pm)
Reply

Replying to: verystingy (Jul 02, 2007 3:50 am)

Wow... This is an incredible deal! 1.0% APR and a 72% residual after 2 years. I might go check out an Infiniti dealership now... Good luck to those leasing.

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