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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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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. 
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Replying to: fx1to1 (Jul 15, 2007 1:47 pm)
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Replying to: fx1to1 (Jul 15, 2007 7:11 pm) 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?
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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. |
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Replying to: bigblue07 (Jul 17, 2007 11:02 am) 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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Replying to: bigblue07 (Jul 17, 2007 11:02 am) 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.
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Replying to: qbrozen (Jul 17, 2007 5:08 pm) 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!!!
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Replying to: bigblue07 (Jul 17, 2007 6:17 pm) 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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My 06 1 yr lease is up in september and I am looking to renew with an 07 as the 08 is the same just more money..... Here are my quotes. I think they are both pretty good really. 07 FX35 2wd handsfree splash sport tech touring MSRP: 46,810 Residual: 66.00% Adjus Cap: 42,096 Money Factor: .00010 Drive off: 2,500 monthly: 474.01 +tax= $513.12 07 FX 35 AWD handsfree cross rails splash tech tour MSRP: 46,560 Res: 67% Adjust Cap: 41,987.54 Money factor: .00026 Drive off: 2,800 (roll my last payment in) Monthly: 468.70 +tax= $507.37 They are both liqplat/graphite Do these sound good? I think I can do better really. thanks
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Replying to: aepheme (Jul 16, 2007 5:01 am) ((Base MSRP/100)*0.6)*2.8 Base MSRP on the 2WD FX is $37,800 = $635.04 Here's the other adders: Registration $8.25 Air Quality Fee $1.50 Title fee $4.00 PRC (recording costs?) $12.00  Just received my tags and the actual total is a little higher than on the docs signed. I do agree that the cost is too high. We're way overtaxed in our state on all things (sales, property, gas, income etc.) it seems. Too bad the apathetic voters don't tell the government they need to operate like a business and not a charitable organization! Never gets cold here so the politicians never put their hands in their own pockets  (Writer puts soapbox away...)
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