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Infiniti FX35 / FX50 Lease Questions

1365 messages,  Last post on Dec 03, 2009 at 10:56 PM

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


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#674 of 1365
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 1365
Re: 2007 FX35 Lease [softwareguru] by verystingy
Jul 01, 2007 (6:18 pm)
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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 1365
Re: 2007 FX35 Lease [verystingy] by softwareguru
Jul 01, 2007 (9:13 pm)
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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 1365
Re: 2007 FX35 lease offer [verystingy] by redvelvet2620
Jul 01, 2007 (10:04 pm)
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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 1365
Re: 2007 FX35 lease offer [redvelvet2620] by redvelvet2620
Jul 01, 2007 (10:19 pm)
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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 1365
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 1365
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 1365
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.
#682 of 1365
2007 FX35 Sport 21 Mo Lease by quickshifter
Jul 02, 2007 (9:20 pm)
Reply
This 21 month lease below I closed Saturday, June 30th. Ended my 2006 FX35, 12 month lease (Sport, Technology-XM, Touring, Hands Free, Cargo Protector and Splash Guards) and picked up 2007 FX35 with exact same options.
  
$48,310.00 - MSRP
  
$43,837.00 - Invoice
  
$44,099.84 - Selling price
 
$95.00 – DMV Registration Transfer
 
$595.00 - Acquisition Fee
 
$44,789.84 - Total Cap Cost
  
0.00044 - (1.06%) Money factor
  
$34,783.20 - (72% ) Residual value
 
$10,006.64 - Depreciation / Amortized Amts
 
21 - Number of Lease Payments
  
$511.52 - Base Monthly Payment
 
$30.69 - (CT 6%) Monthly Sales Tax
 
$542.21 - Total Monthly Payment
  
$299.00 - Doc Fees
 
$17.94 - Taxes
 
$859.15 - Total out the door (1st Mo, Doc Fees and Tax)
 
Plus
 
$542.21 - Infiniti Limited Engagement Summer Event 1st Payment Credit. Event ends July 25 and was an exclusive offer for resigning a new lease with IFS I received in the mail last week.
#683 of 1365
Re: 2007 FX35 lease offer [verystingy] by redvelvet2620
Jul 03, 2007 (5:30 am)
Reply

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

THANKS SO MUCH FOR YOUR HELP!!!! This is what I was quoted:
Fx35 with Touring,
Hands Free and Tech package w/Sirius. Please see Below.
 
MSRP $46.625
Invoice $42,947
Cap Cost $42,700
Residual 33,570 (72%)
Money Factor 0.440
Bank Fee $595.00
Ny Lic $155.00
Doc Fee $ 135.00
Gap is Included
 
Based on the above numbers, the monthly payment would be $529 month with a total due of $1098. This is a 21 month lease with 12000 miles per year
There is something wrong with his NY lic fee and money factor.
 
The other qoute I asked you to disect, the dealer tells me it's only good for yesterday (7/2/07) when we schduled an appointment for today (7/03/07) so now this mourning he says that he has to see the new programs for July 07 at 1-4pm , so if a customer comes in and want to lease a car is he going to tell him come back between 1-4pm? I guess I will be looking for those programs via internet.

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