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Prices Paid: Buying & Leasing Experiences Infiniti FX35 / FX50 Lease Questions
1365 messages, Last post on Dec 03, 2009 at 10:56 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: redvelvet2620 (Jul 01, 2007 10:04 pm)  Are my monthly payment's $586.96 including the sales tax of 8.375% ?????? Please say that I am right!!!!
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Replying to: verystingy (Jul 01, 2007 6:18 pm) 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... |
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Replying to: redvelvet2620 (Jul 01, 2007 10:19 pm) 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
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Replying to: verystingy (Jul 02, 2007 3:50 am) |
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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.
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Replying to: verystingy (Jul 02, 2007 3:50 am) 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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Replying to: redvelvet2620 (Jul 03, 2007 5:30 am) That's the exact same model that I have (same MSRP). My payment is $493 per month and I handed them $1500 at inception. I think you could do better with the dealer incentives now in effect (as long as the lease rates stay the same). Invoice is $42571. The dealer let me have it for $42096. Try to haggle a little more. If the lease rates don't change, try to low-ball them. Offer $475 per month and see what they come back with. Can't hurt.  Let me know how you make out. Good luck. Sal
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Replying to: verystingy (Jul 03, 2007 6:25 am)
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Replying to: redvelvet2620 (Jul 03, 2007 6:35 am) I don't think that the lease rates will go up. In fact, the purchase finance rates recently went down to 1.9% for 60 months. To be honest, you don't have a bad deal on the table.....I just think that they could do better. Hell, when I contacted the first dealership, the goofs quoted me $699 per month with $1550 down. NOW THAT IS ROBBERY! Of course, they didn't get my buisiness.
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| Carman, need some help with what I should target for a monthly payment for an 07 FX 35 with Tech, Sport and Touring packages. I'm interested in the 21 month lease arragnement with 20K miles per year (I do a lot of driving)...This would assume the only cash I walk into the deal is with first month, acquisition, bank and other transaction fees...Thanks | |
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