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Infiniti FX35 / FX50 Lease Questions

1365 messages,  Last post on Dec 03, 2009 at 10:56 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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#716 of 1365
fleetrate by dtambellini
Jul 14, 2007 (6:03 am)
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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 1365
FX 35 Lease deal by xepypg
Jul 14, 2007 (1:55 pm)
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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 1365
Recent lease by fx1to1
Jul 15, 2007 (1:47 pm)
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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 1365
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 1365
Re: Recent lease [fx1to1] by aepheme
Jul 16, 2007 (5:01 am)
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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 1365
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 1365
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...
#723 of 1365
Re: Potential Lease Deal [bigblue07] by qbrozen
Jul 17, 2007 (5:08 pm)
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Replying to: bigblue07 (Jul 17, 2007 11:02 am)

WEll, how many years registration is that? Its only a 2 year lease. Gotta watch that one. Dealers now give 4-year registrations in NJ.
 
The $249 doc fee is excessive. I've never paid more than $150, and even that is alot.
 
What's with the luxury and gas-guzzler tax? This is an FX35, not a Benz G class. What pricerange does this start at? Our $36k Pacifica didn't get hit with it, and that gets worse mileage.
 
And, finally, why are you paying all the tax up front? In NJ, you get taxed on each payment, so there is no benefit in paying that up front.
#724 of 1365
Re: Potential Lease Deal [qbrozen] by bigblue07
Jul 17, 2007 (6:17 pm)
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Replying to: qbrozen (Jul 17, 2007 5:08 pm)

All fair and astute points - thanks for your thoughtfulness. I will check into the registration term and see if I can negotiate down the $249 doc fee.
 
The "gas guzzler" tax, better known as "Luxury & Fuel Inefficient Vehicle Surcharge" is a legite tax and appears it will apply to me. "Effective July 15, 2006, new car dealerships are responsible for collecting a 0.4% surcharge on the new sale or lease of vehicles priced $45,000 or greater or on vehicles having an EPA rating of less than 19 miles per gallon." This is from the following web page:
 
http://www.nj.gov/njbgs/luxvehs.htm and http://www.state.nj.us/mvc/pdf/Vehicles/luxtaxfaq.pdf
 
The FX35's average MPG is 16 + 21 / 2 = 18.5 which is less than 19MPG. That sucks. As far as the tax is concerned, I'll see if I can get it spread into the individual lease payments. Thanks!!!
#725 of 1365
Re: Potential Lease Deal [bigblue07] by qbrozen
Jul 18, 2007 (6:10 am)
Reply

Replying to: bigblue07 (Jul 17, 2007 6:17 pm)

no problem.
 
And thanks for the tip about that tax. I'll have to keep that in mind if we move up in class when my wife's Pacifica lease is up (I personally want an FX45, which is why I visit this forum ).

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