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Infiniti FX35 / FX50 Lease Questions

1348 messages,  Last post on Nov 11, 2009 at 4:11 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#691 of 1348
July Residual / Money Factor by aepheme
Jul 04, 2007 (5:36 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!
#692 of 1348
Re: July Residual / Money Factor [aepheme] by soloflex91
Jul 05, 2007 (7:31 am)
Reply

Replying to: aepheme (Jul 04, 2007 5:36 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.
  
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?
#693 of 1348
Re: July Residual / Money Factor [soloflex91] by pmeswani
Jul 05, 2007 (7:45 am)
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Replying to: soloflex91 (Jul 05, 2007 7:31 am)

this looks like a really good deal to me. where are you locatd?
#694 of 1348
Re: July Residual / Money Factor [pmeswani] by soloflex91
Jul 05, 2007 (8:35 am)
Reply

Replying to: pmeswani (Jul 05, 2007 7:45 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.
#695 of 1348
Re: July Residual / Money Factor [soloflex91] by verystingy
Jul 05, 2007 (2:33 pm)
Reply

Replying to: soloflex91 (Jul 05, 2007 7:31 am)

Looks like a great deal to me. MSRP must be around 47500. That's a steal. Good luck.
 
Sal
#696 of 1348
Re: July Residual / Money Factor [soloflex91] by pmeswani
Jul 05, 2007 (4:44 pm)
Reply

Replying to: soloflex91 (Jul 05, 2007 8:35 am)

DO NOT go to Douglas Infiniti in Summit. They are a bunch of crooks!
#697 of 1348
Re: July Residual / Money Factor [soloflex91] by verystingy
Jul 06, 2007 (5:29 am)
Reply

Replying to: soloflex91 (Jul 05, 2007 7:31 am)

Hey just out of curiosity, did they honor the $1000 factory to dealer incentive? I can't see why they wouldn't, but some people in the forum said they were told "No". Your deal makes me believe that they did. Did you get it yet?
#698 of 1348
Re: July Residual / Money Factor [verystingy] by aepheme
Jul 06, 2007 (6:11 am)
Reply

Replying to: verystingy (Jul 06, 2007 5:29 am)

Can anyone verify what the new July lease variables are? Residual / Money Factor for a 24 month / 12k lease?
#699 of 1348
July residual by dwass1
Jul 06, 2007 (7:17 am)
Reply
Would you think the July resdiual is reduced because we are approaching the end of the model year? Would the residual increase at the onset of the 2008 year?
#700 of 1348
Re: July Residual / Money Factor [aepheme] by bmoney1
Jul 06, 2007 (12:20 pm)
Reply

Replying to: aepheme (Jul 06, 2007 6:11 am)

Should be 68% with a MF of .00026

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