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Infiniti FX35 / FX50 Lease Questions

1347 messages,  Last post on Nov 06, 2009 at 11:43 AM

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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#926 of 1347
Is this a great deal? by googooma
Apr 07, 2008 (7:01 pm)
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Los Angeles area
 
08 FX35 AWD
 
36 Month Lease, 10K miles/yr
 
Sticker: 44,700
Selling Price: 41,400
 
Money Factor: .0012
Residual: 56%
 
Drive Off: ~$1500 (first payment, aquisition fee, registration)
Payment: $480/mo + tax
 
Options include:
Sport package, Touring Package, Handsfree, mud flaps, ipod integration
#927 of 1347
Please Help...cant decide? by quattroporte12
Apr 09, 2008 (8:48 pm)
Reply
Do you guys think an x5 4.4i would be better than an fx45 offroad, or vice versa?
If any of you own either of the cars itd be great if you could share any offroad/snow experiences youve had with them. Im looking at buying one or the other, and i want one that handles great, but it still somewhat rugged and can do some light offroading (ive been to bmw driving school in spartanburg, and i know that the x5's are pretty capable vehicles)...im just not sure of how they compare to the infiniti fx45...?
Thanks so much
#928 of 1347
Re: Is this a great deal? [googooma] by jangel
Apr 11, 2008 (6:33 pm)
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Replying to: googooma (Apr 07, 2008 7:01 pm)

great deal, had my fx35 for 2 weeks, touring package, hands free and ipod, 15k year 39 month, $509 month, $2600 out the door, this is long island ny
#929 of 1347
Re: Car Man Lease Rates for EX35 FX35 12k &15k [03qx] by Car_man HOST
Apr 16, 2008 (3:11 am)
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Replying to: 03qx (Mar 05, 2008 10:31 pm)

Hi 03qx. Here's the information that you're looking for. Infiniti Financial Services; current buy rate lease money factor and residual value for a 24 month lease of a 2008 Infiniti FX35 AWD with 15,000 miles per year are .00125 and 65%, respectively. The numbers for an otherwise identical 36 month lease are .00120 and 55%, respectively. If you were to lease this vehicle with only 12,000 miles per year, its residual values would be 1% higher.
 
IFS' current buy rate lease money factor and residual value for a 24 month lease of a 2008 EX35 AWD with 15,000 miles per year are .00049 and 69%, respectively. The numbers for an otherwise identical 36 month lease are .00101 and 57%. Again the 12,000 mile per year residual values are 1% higher.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#930 of 1347
Re: Is this a great deal? [googooma] by Car_man HOST
Apr 17, 2008 (2:13 am)
Reply

Replying to: googooma (Apr 07, 2008 7:01 pm)

Greetings googooma. I don't know this vehicle's exact dealer invoice price, but it probably has a spread of around $3,800 or so between its MSRP and invoice. If so, that puts the $3,300 discount that you were quoted at around $500 over invoice, which is an excellent price if it is before the $2,000 owner loyalty or $1,000 conquest cash incentives are taken into account. Make sure that the dealer subtracts the appropriate one from your FX's selling price. The money factor that you mentioned is right in line with Audi Financial Services' buy rate for this model, which is a good thing.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#932 of 1347
2006 FX35 to 2009 FX35 by vince83
Apr 22, 2008 (8:25 pm)
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Hello to everyone. I have a couple of questions.
Currently I am leasing a 2006 FX35. The lease ends in September 2009. I want to get the new 2009 FX35 in June 2008. Do you think I can ask Infiniti FInancial to absorb my current lease so I can go ahead and get the new FX in June. Also, I prefer to pay cash for the car and drive off. Does that matter? Can I push Infiniti to let me go off my current lease?
I also have a second question: Can I negotiate with the dealer a price under MSRP for the new FX35? What should I shoot for?
Thanks in advance.
#933 of 1347
08 FX35 AWD Lease.......Advice by moscode
Apr 27, 2008 (7:01 pm)
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Can anyone tell me if this is reasonable:
 
08 FX35 AWD, Sticker $42,700, $3K Trade + Dealer Incentives, 39 month w/15K per year $453 per month including tax, $23K buyout at end of lease
 
Any input would be appreciated. Also wondering if there is lease pricing out there for the 09 model
#934 of 1347
Re: 2006 FX35 to 2009 FX35 [vince83] by Car_man HOST
May 09, 2008 (2:40 am)
Reply

Replying to: vince83 (Apr 22, 2008 8:25 pm)

Hi vince83. Manufacturers run early lease termination programs from time to time that let lessees out of their deals a couple of months early if they lease a new vehicle. Not only is Infiniti not running any sort of program like this that I am aware of, but even if it did your FX's end date is so far off you would never qualify for it. I am sorry to say that it is probably going to be fairly expensive to get out of your lease this far before its scheduled end date.
 
In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. 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 its 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.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#935 of 1347
Re: 08 FX35 AWD Lease.......Advice [moscode] by Car_man HOST
May 09, 2008 (2:48 am)
Reply

Replying to: moscode (Apr 27, 2008 7:01 pm)

Hi moscode. I see that you mention having your trade and dealer cash subtracted from this truck's selling price. Are you getting a dealer discount as well? The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. If you are not getting a dealer discount, you are overpaying for this FX by a couple thousand dollars.
 
Also, I see that you are considering trading in your current vehicle when you lease your new one. there's nothing wrong with doing so, but it would be in your best interest to have the dealer that you are working with cut you a check for it rather than using the proceeds from your deal as a down payment for your lease. I always advise consumers against making large down payments on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, you will be much safer with a zero down lease.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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