Last post on Nov 08, 2013 at 5:42 AM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Infiniti FX35, Infiniti FX45, Infiniti FX50, Car Leasing, SUV
#685 of 1712 Re: 2007 FX35 lease offer [verystingy]
Jul 03, 2007 (6:35 am)
the dealer called me not too long ago, I hope the lease rates don't change i'm still searching for incentives for some reason Infiniti is holding on real tight to these FX35 2007, a person would think that there is no 2008's coming out, I just want to get my car and not be robbed, I was all ready to go and he emails me telling me that he has to wait for the July figures, to call around 2pm is this something that generally happens, it really sounds like a joke to me.
#686 of 1712 Re: 2007 FX35 lease offer [redvelvet2620]
Jul 03, 2007 (7:19 am)
Are you dealing with only one dealership? If there are a few in your area, I would play one against the other. Competition drives down prices.
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.
#687 of 1712 2007 FX 35 Lease Payment
Jul 03, 2007 (7:38 am)
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
Jul 03, 2007 (8:06 am)
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 !!!
#689 of 1712 Lease Incentives?
Jul 03, 2007 (1:52 pm)
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.
#690 of 1712 Re: 2007 FX35 lease offer [verystingy]
Jul 03, 2007 (7:36 pm)
Yeah unfortunately, After today I will not be dealing with just that one he play too many games...I am really nervous about this months number's. Guess i will just have to see but if you hear anything before I do please inform me..and thanks to you I have that lease formula down pack
#691 of 1712 July Residual / Money Factor
Jul 04, 2007 (5:36 am)
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.
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!
#692 of 1712 Re: July Residual / Money Factor [aepheme]
Jul 05, 2007 (7:31 am)
I'm hoping for some feedback on the deal I was offered
I'm about to sign for a 21 month lease on a '07 FX35 AWD.
$461 per month (first month)
$78 delivery fee
$187 proc. fee (They wanted $345 but cut it in half)
$595 bank fee
$45 dealer fee
$22.5 misc. fee (No idea what this is)
Total out of pocket $2,223.5
Am I leave money on the table? Could I get a better deal?
#693 of 1712 Re: July Residual / Money Factor [soloflex91]
Jul 05, 2007 (7:45 am)
this looks like a really good deal to me. where are you locatd?
#694 of 1712 Re: July Residual / Money Factor [pmeswani]
Jul 05, 2007 (8:35 am)
Long Island. I didn't get the actual cap cost and the money factor etc. So I wasn't sure if this was really good.