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Prices Paid: Buying & Leasing Experiences Infiniti FX35 / FX50 Lease Questions
1358 messages, Last post on Nov 26, 2009 at 5:39 PM
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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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Replying to: aepheme (Jul 04, 2007 5:36 am) I'm about to sign for a 21 month lease on a '07 FX35 AWD. Sports Pkg Tech Pkg Touring Pkg 12K miles $461 per month (first month) $835 Tax $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? |
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Replying to: soloflex91 (Jul 05, 2007 7:31 am)
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Replying to: pmeswani (Jul 05, 2007 7:45 am)
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Replying to: soloflex91 (Jul 05, 2007 7:31 am) Sal |
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Replying to: soloflex91 (Jul 05, 2007 8:35 am) |
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Replying to: soloflex91 (Jul 05, 2007 7:31 am)
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Replying to: verystingy (Jul 06, 2007 5:29 am)
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