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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
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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
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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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Is this dealer incentive $1000 on the 07 FX35 a reality ?? Im due to pick up late tonight and want to know if i should be addressing this prior. Any help is greatly appreciated !!! Thanks |
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| Hi All: I am looking for a 39 mo. lease w/ 18K miles. My local Infiniti dealer claims the $1000 incentive is only for purchases, not leases. (Is this true??) Also says the new July money factors went up. I was previously quoted (in June) a money factor of .00135 (3.24%) for 39 month lease and .00692 (1.66%) for 21 month lease. Seems these were higher than what I saw others on this forum were being quoted from their dealers... Now, as of July 1 or so, the rates are apparently higher?? Anybody else seeing this?? Residual for 39 mo w/ 18K miles was 52.7%, and for 21 mo w/ 18K miles was 69 or 70%. Seem reasonable?? Any feedback appreciated. | |
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Replying to: verystingy (Jul 03, 2007 7:19 am) |
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Well, unfortunately, it looks like bad news. Infiniti has the new lease deal on their website. You can back-calculate the numbers and see how things have changed. For an FX35 AWD, 24 mos, 12k miles: Residual: 72% (June) --> 67% (July) MoneyFactor: .00044 (June) --> .00026 (July) The money factor / interest rate has gone down (a good thing), but the residual has also dropped significantly (a very bad thing). If you were to use the example on their website ($3k down, $2k over invoice), that results in: -$12/month due to the lower interest. +$86/month due to the lower residual. ----- +$73/month total That's a HUGE increase over last month (disclaimer: the previous months numbers here are for a 21 month, not a 24 month lease -- the residual value may be 1% higher for a 21 month). Argh! I had just decided on this one, too!
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