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Infiniti FX35 / FX45 Lease Questions
992 messages, Last post on Aug 07, 2008 at 10:18 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: bmoney1 (Jul 07, 2007 7:29 am) 2007 FX35 AWD w/ Touring & Misc MSRP = $42425 Quoted CapCost = $39,483 Invoice = $38,878 (from Edmunds.com) Residual = 67% Money Factor = 0.00026 Bank Fee = $595 License Fee = $15 MI Tax Rate = 6% Calculated Monthly = $489 Quoted Monthly = $507 Here's how they're making their money: CapCost Mark-up = $605 over invoice Doc Fee = $199 Monthly Add-on ??? = $18/month I really, really hate dealing with dealerships.
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Replying to: aepheme (Jul 09, 2007 1:40 pm) Also, the above rate is for 12k. -1% Residual for 15k. I can't believe that the residual dropped by 5% in a single month! That's ridiculous! I also received info for the 2008 today. For 24 mos / 12k, the residual is 70%, money factor is 0.00237 (or 5.69% APR) and they expect to get them in August (not late July). I'm bummed. I so wish I had jumped on this deal in June... it was fantastic at that point. The new residual really makes this not nearly as good. I may wait for the 2008, but the high APR makes that not as good either. Argh. So much for an Infiniti.
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Replying to: aepheme (Jul 10, 2007 8:36 am) |
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Carman, Would you please tell me what the Residual and Money factor is for a 24 month lease and 12k miles for a 2007 FX35 2WD with tech, touring, sports, handsfree? A dealership told me the residual is 66% and MF is .0010.
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Do you think this lease is a good deal? 2007 FX35 AWD $529 a month excluding tax 39 months lease $0 due at signing $0 security Deposit 10k miles per year Do I need more info or is this good enough to make a decision? Thanks for your comments.
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2007 FX35 2WD wth sports,tech,touring,handfres,splash guards, cargo mat MSRP: 46,875 Cap Cost: 42,792 Down Payment: 1100 (includes first month payment) Tax: 6.5% Monthly payment: ~$519 (exluding tax) Montly payment: $555.83 (including tax) Residual: 66% MF:? 12K miles a year I am still trying to figure out the MF. As I posed above, .0010, seems to high, because when I run it that MF, I end up with a $604 |
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Hi Carman. I have used your posts multiple times to assist in leasing. Thanks for all your work. Quick question. Is there a website where average Joe's can look up lease program rates for Infiniti, Acura, Audi, etc...without having to constantly bug you? With respect, Nauser
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Hi. I'm in the process of purchasing an FX35 w/touring, cargo, hands free packages. I was quoted a price of $575/mo for 39 months. Here are the details: mf .00150 residual 54% no cap cost reduction only out of pocket is 1st month, and tags 15k miles/year Selling Price of $40467.62 Am I getting a good deal or should I be asking for more? Any thoughts are appreciated. |
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Replying to: dtambellini (Jul 12, 2007 11:54 am) FX35 w/ Touring, Hands Free, Cross Bars, Splash Guards, and Carog Privacy for... 1. MSRP = $42,425 2. CapCost = $39,483 3. Invoice = $38,878 4. MF = 0.00026 5. Residual = 67.00% 6. Per Month = $533.56 inc. 6% sales tax For a 24 month, 12k per year lease. If you're keeping it for 39 months, you should be paying even less. |
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Replying to: dtambellini (Jul 12, 2007 11:54 am) I just finalized my deal, which I described up. To recap, I am getting a FX35 2WD with tech, touring, sports, handsfree, cargo, splash guards for $555.83 (sales tax at 6.5% included) a month for 24 months at 15k miles per year. My down payment is $1100. Which includes the first month payment. My selling price is $42592 and MSRP is $46,875. Also, I remember with a 39month lease, you more than likely have to replace the tires, break pads, and the 30k miles service, which I hear is quite expensive. When you factor those costs in, the 39 month gets to be quite a bit more expensive. Also, if I made down payment just the 1st month payment, then my monthly payment would be ~$593 (including tax) Just my opinion.
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