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Infiniti FX35 / FX50 Lease Questions

1304 messages,  Last post on Jul 02, 2009 at 11:30 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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#748 of 1304
2007 FX35 end of year pricing? by scottrl
Aug 13, 2007 (2:35 pm)
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Last Oct-2006 Infiniti had some good 12 month lease deals on the FX35. I picked one up and am hoping they have the same this year, but from reading these posts, it doesn't sound like there are any deals right now? Am I misinterpreting things? Does anyone have any insight into the 2007's and will Infiniti provide good deals/rates to move the 07's? Any thoughts? Thanks Scott.
#749 of 1304
Re: Why is no dealer coming close to the numbers [pashanyc] by fx35nyc
Aug 17, 2007 (9:52 pm)
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Replying to: pashanyc (Jul 31, 2007 7:44 am)

Pashanyc , I went to this dealer last monday and the $1995 is just part of the down payment and you still have to add those other fees and taxes that adds up to $3995 , that is what the salesman told me. There is a catch over there. I am holding off till the end of the month to see what's up.
#750 of 1304
Re: 2 quotes from dealer in los angeles [skydivernick] by fx35nyc
Aug 17, 2007 (9:55 pm)
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Replying to: skydivernick (Aug 11, 2007 10:38 am)

If you stop over there like I did , they will start adding some numbers including destination fee , acquisition fee , taxes , etc and will come up to $4000 . Let me know if they offered a better deal. I need to get this car til the end of the month. This inception is a rip off for a leased car.
#751 of 1304
Re: 2007 FX35 end of year pricing? [scottrl] by elansp
Aug 22, 2007 (11:41 am)
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Replying to: scottrl (Aug 13, 2007 2:35 pm)

Scott- I'm in the same boat - My FX35 lease is expiring in November.
#752 of 1304
Help, '08 FX35 lease quote $660 39mo by chronic2
Aug 24, 2007 (10:12 pm)
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Replying to: elansp (Aug 22, 2007 11:41 am)

Dealership wants to get me out of my lease 42mo lease 10 months earlier so I can get a 08'fx35. Fully loaded:
sport
hands free
touring
tech
splash guards
chrome roof rack
cargo mat
2000 down
I was quoted 39mo for $660/mo. He also quoted '07 with same options 610/mo
#753 of 1304
Re: Help, '08 FX35 lease quote $660 39mo [chronic2] by elansp
Aug 29, 2007 (10:03 am)
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Replying to: chronic2 (Aug 24, 2007 10:12 pm)

Too rich for my blood given that I'm coming off an ~ $379/month for 1 year term lease on my FX35 AWD. My '06 G35 sedan with no options runs me $423/month(10k/yr) and I put down almost nothing on each vehicle.
 
I need a SUV/minivan for my family. Love the Infiniti QX product but again, much more than I want to spend per month.
#754 of 1304
MF and residual for September 2007/2008 FX35 AWD by rocco50
Aug 31, 2007 (12:28 pm)
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Does anyone have the money factors and residuals for 2007 and 2008 FX35 AWD for the month of September?
 
Thanks,
Alex
#755 of 1304
Re: Help, '08 FX35 lease quote $660 39mo [chronic2] by Car_man HOST
Sep 06, 2007 (2:16 am)
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Replying to: chronic2 (Aug 24, 2007 10:12 pm)

Hi chronic2. I personally would wait until I was closer to the scheduled end of my current lease to get a new vehicle if I was in your situation. Unless Infiniti is running some sort of special early lease termination program that I am not aware of, in order to get out of your current lease this early you are going to have to either make all of your remaining payments or purchase your vehicle and trade it in. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.
  
You can determine approximately how much it will cost you to get out of your current lease by comparing your vehicle's purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.
 
If you don't wait, you will probably end up paying much more than you should for your new vehicle.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#756 of 1304
Re: MF and residual for September 2007/2008 FX35 AWD [rocco50] by Car_man HOST
Sep 06, 2007 (2:20 am)
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Replying to: rocco50 (Aug 31, 2007 12:28 pm)

Hi Alex. I've seen the new lease program for the vehicles that you are interested in and I would be happy to help you out. You never mentioned how long you want to lease for or how many miles per year you need to be able to drive, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 FX35 AWD with 15,000 miles per year are .00285 and 48%, respectively. The numbers for an otherwise identical lease of an '08 FX35 AWD are .00242 and 52%. As you can see, it does not appear as though Infiniti is providing lease support on the '07 FX any longer. If this is indeed the case, then you should be able to take advantage of the $3,000 dealer cash that is currently available on it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#757 of 1304
Re: MF and residual for September 2007/2008 FX35 AWD [Car_man] by rocco50
Sep 06, 2007 (12:16 pm)
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Replying to: Car_man (Sep 06, 2007 2:20 am)

Thank you, Carman. I am looking to lease for either 24 months or 36 months, with 12K.
 
It makes me sad that there is no more lease support on the FX, I was looking forward to leasing it, but now that the MF is high and the residual low, I am not so sure its in my budget. Why did these numbers change so drastically since last March? Does it make sense to wait until Infiniti provides another lease support ?
 
I read somewhere that people with high credit scores, above 700, can get as low as 0% APR. Would I qualify for a lower MF than what Infiniti is currently offering if my credit score is above 700? If yes, how would I know what I really qualify for if the dealer is trying to give me the higher MF?
 
How does the dealer cash work, and how should I go about negotiating the price, taking dealer cash into consideration? Should I get the dealer to drop the price down as close to invoice as possible, and then ask to drop it another $3,000 because of the dealer cash incentive? And then calculate the lease payments based off of that price? Or does the dealer cash incentive only apply if I purchase the car, not lease it?
 
Besides the FX, I was also looking at the Acura MDX and the bare bones Mercedes ML 350. Could you please post the MF's and the residuals for these SUV's as well, for both the '07 and '08? (here, or on their respective forums if you want to keep on topic).
 
Alex

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