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Infiniti FX35 / FX50 Lease Questions

1364 messages,  Last post on Dec 01, 2009 at 5:09 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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#713 of 1364
Re: Negotiating [dtambellini] by gatorfan123
Jul 12, 2007 (11:35 am)
Reply

Replying to: dtambellini (Jul 12, 2007 10:54 am)

That's seems very high
 
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.
#714 of 1364
Re: Negotiating [gatorfan123] by dtambellini
Jul 12, 2007 (11:53 am)
Reply

Replying to: gatorfan123 (Jul 12, 2007 11:35 am)

Thanks everyone for your insight. This lease negotiating is like walking in the dark. It sounds like the payments should be much less than the $575, what they should be is the million dollar question...
 
Any further ideas are welcome. Thanks again.
#715 of 1364
Re: Negotiating [dtambellini] by gatorfan123
Jul 12, 2007 (12:09 pm)
Reply

Replying to: dtambellini (Jul 12, 2007 11:53 am)

One big factor in the increase is the money factor. Although it is not neccesarily a perfect conversion, you take the money factor and multiply it by 2400 to get your interest rate.
 
.00150= 3.6%
 
.00026= .62%
#716 of 1364
fleetrate by dtambellini
Jul 14, 2007 (6:03 am)
Reply
Hi. Has anyone ever used fleetrates.com? I have priced an FX35 through them and they beat any dealer by at least $25/month. This is financed through Infiniti. I've found the individual there to be very professional.
 
Thanks for your thoughts.
#717 of 1364
FX 35 Lease deal by xepypg
Jul 14, 2007 (1:55 pm)
Reply
Hello,
 
Just came out of an Infinity dealership with the following offer:
 
FX35 awd with Tech, Sports, Touring +some small extras
 
MSRP 48,500
24 month lease
15K miles / year
Driveoff 5,000
Monthly payment 420 including tax
tax rate is 8.75
 
Can anyone tell me if I am getting ripped?
 
thank you!
#718 of 1364
Recent lease by fx1to1
Jul 15, 2007 (1:47 pm)
Reply
Hello all, after lurking on the board for several weeks and soaking up the information here, I leased an 07 FX35 RWD Liquid Platinum / Graphite with Touring, Sport, Technology, Handsfree, Splash guards, Cargo area protector, & Sunroof Wind deflector. I did the 21 month deal w/ 12k mi per year on 6/29. Here's the gory details:
MSRP: $46,900 (note, destination was $700, not the current $760. Been on the lot 111 days).
Cap Cost: 43,150
Adj. Cap Cost: $41,039.52 (had trade equity applied; I know, not usually a good idea, but they were not giving cash back!)
Acq. Fee $595
Doc fee: $369
Title: $656.50
Tire tax: $5
MF: .00039 (.936%!)
Payment: $419.74 + tax $33.37 / mo = 453.11
Total down out the door: $3,797
 
I think I did OK, I couldn't seem to get them below invoice as I have seen others were fortunate enough to do. I did get a good price on my trade (~$500 above good kbb value). Any feedback would be welcome so next time I can do better. I couldn't have done this well without the information posted by the good folks on this forum. Thanks to all for taking the time to post. I hope the above info helps out others as well.
#719 of 1364
Re: Recent lease [fx1to1] by fx1to1
Jul 15, 2007 (7:11 pm)
Reply

Replying to: fx1to1 (Jul 15, 2007 1:47 pm)

Oops! Forgot to add the residual was $32,830, or 71%.
#720 of 1364
Re: Recent lease [fx1to1] by aepheme
Jul 16, 2007 (5:01 am)
Reply

Replying to: fx1to1 (Jul 15, 2007 7:11 pm)

Thanks for the info, fx1to1! I may do a similar deal this afternoon. By the way, if you're curious...
 
If you hadn't put the trade equity down, your monthly payment would've been around $560 / month.
 
What surprised me on your deal was the title cost! That seems really high! That's all determined by the state, though, right? Which state are you in? Were there any details to that cost?
#721 of 1364
Potential Lease Deal by bigblue07
Jul 17, 2007 (11:02 am)
Reply
Just got a quote from a local dealer on the following and need to see what some objective folks have to say:
 
2007 FX35
Tech Package
Hands Free
Sport Package
DVD Mobile Entertainment Pkg
Roof Rail Cross Guards
Splash Guards
 
24 Month
12000 miles per year
Monthly payment $528.52
 
Dealer says MSRP is $47,960
total cap cost $ 44,328.51
dealer invoice $43,898
Money Factor .00026
Residual 67%
 
$2800 down
Includes:
1st Month $528.52
Tax $904.00
Luxury and Fuel-Inefficient Surcharge (a NJ tax) $177.00
Registration $334.00
Documentation & Title $249.00
Tire $7.50
Bank Fee $595.00
 
I like the car - can I fight for a better deal? Seems like a lot up front.
#722 of 1364
Re: Potential Lease Deal [bigblue07] by aepheme
Jul 17, 2007 (12:13 pm)
Reply

Replying to: bigblue07 (Jul 17, 2007 11:02 am)

Edmunds gives an invoice of $47,250 for the options you described... RWD, right?
 
Is the dealer tacking an additional ~$750 of various BS protection packages and wheel locks?
 
Otherwise, your residual / money factor / and invoice mark-up look to be about normal. You might be able to beat him down to Invoice, but it's probably not worth the time.
 
What's killing you is the incredible number of taxes! I'm not sure what Jersey law is, but that's a whole lot of taxes and fees. Check with you local DMV and see if they're all required or if the dealership is fleecing you somewhere. In MI, Title is only $15 and there's a 6% sales tax on the monthly payment (~$30 for $500). The $595 bank fee is standard, too (set by IFS). Can't comment on the rest...

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