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Infiniti FX35 / FX50 Lease Questions

1358 messages,  Last post on Nov 26, 2009 at 5:39 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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#753 of 1358
Re: Help, '08 FX35 lease quote $660 39mo [chronic2] by elansp
Aug 29, 2007 (9:03 am)
Reply

Replying to: chronic2 (Aug 24, 2007 9:12 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 1358
MF and residual for September 2007/2008 FX35 AWD by rocco50
Aug 31, 2007 (11:28 am)
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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 1358
Re: Help, '08 FX35 lease quote $660 39mo [chronic2] by Car_man HOST
Sep 06, 2007 (1:16 am)
Reply

Replying to: chronic2 (Aug 24, 2007 9:12 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 1358
Re: MF and residual for September 2007/2008 FX35 AWD [rocco50] by Car_man HOST
Sep 06, 2007 (1:20 am)
Reply

Replying to: rocco50 (Aug 31, 2007 11:28 am)

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 1358
Re: MF and residual for September 2007/2008 FX35 AWD [Car_man] by rocco50
Sep 06, 2007 (11:16 am)
Reply

Replying to: Car_man (Sep 06, 2007 1:20 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
#758 of 1358
Sep Terms for 2007 FX35 RWD by liannell
Sep 06, 2007 (6:18 pm)
Reply
Hi Carman, can you please post the September MF & Residual for a 15k mile/yr 36-mo lease on a 2007 FX35 (RWD)?
 
Thanks,
Lianne
#759 of 1358
Rebate on 2008 FX35 by willgur
Sep 09, 2007 (6:43 am)
Reply
Hi Car_man. You previous post #756 refers a $3,000 dealer cash currently available on 2008 FX35. Would you plese elaborate, including any available site links -- I could not find any sources that mention this rebate. Could this amount be negotiated with the dealer upfront as a cap cost reduction, or does it work differently?
 
Thank you!
#760 of 1358
Good Deal 2008 FX35???? by fx3
Sep 10, 2007 (7:22 pm)
Reply
Here is a deal I was quoted for a 2008 FX35....is it a good deal?
 
Packages:
Touring
Hands Free
Tech
Cargo mat
 
MSRP 45,165
Invoice 41,164
Cap Cost 40,114
Residual 51%
Money Factor .00263
15,000 miles a year
Term 39 Months
No Money Down
Base Monthly Payment 629
#761 of 1358
MF and Residual on '07 FX35 AWD by djdez
Sep 11, 2007 (7:37 am)
Reply
Hello Car_man ... you normally wouldn't be hearing from me until next year when my lease is up but I have a question for a friend of mine who is looking to lease a leftover '07 FX35 AWD ...
 
I think he may have missed the boat on the excellent MF from August, but I do know there is now $3000 cash available - but I think the lower money factor was still better.
 
In any event, can you give me the Residual and MF for an '07 FX35 AWD for both 24 and 36 months, with 12000 miles ???
 
Thanks so much !!!
#762 of 1358
FX35 2008 Lease Deals by kvoight
Sep 14, 2007 (1:46 pm)
Reply
CarMan, my 2006 FX35 12 month lease expires the end of September and I would love to get a new FX. My current payment is $560 (loaded with Chrome wheels). I put $1200 down. What could I should I target for a new 24 month lease?

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