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Infiniti FX35 / FX50 Lease Questions

1690 messages,  Last post on May 18, 2013 at 11:55 AM

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What is this discussion about? Infiniti FX35, Infiniti FX45, Infiniti FX50, Car Leasing, SUV

Messages Page 95 of 170

#932 of 1690 2006 FX35 to 2009 FX35 by vince83

Apr 22, 2008 (9:25 pm)

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 1690 08 FX35 AWD Lease.......Advice by moscode

Apr 27, 2008 (8:01 pm)

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 1690 Re: 2006 FX35 to 2009 FX35 [vince83] by Car_man HOST

May 09, 2008 (3:40 am)

Replying to: vince83 (Apr 22, 2008 9:25 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#935 of 1690 Re: 08 FX35 AWD Lease.......Advice [moscode] by Car_man HOST

May 09, 2008 (3:48 am)

Replying to: moscode (Apr 27, 2008 8:01 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

#936 of 1690 New FX Models by agoods

Jun 01, 2008 (5:28 pm)

Am I correct to assume that the current lease price on an FX35 will come down when the new FX model becomes available at the end of the month? Just trying to time it right. Thanks.

#937 of 1690 June residual and money factor by fishemc

Jun 02, 2008 (5:24 pm)

Does anyone have any insight into what the June residuals and money factors are on the FX35 AWD for both 24 and 36 month as well as 12K and 15K miles? Looking at leasing this month but want to make sure that I am getting a fair deal.
Looking at the following spec for $41K
Hands free
Touring
ipod
Sport
AWD
 
Thanks!!

#938 of 1690 Loaded 08 FX35 Numbers by mandarin1

Jun 07, 2008 (8:30 am)

Here's the deal I just got.
 
FX35 RWD, Sheer Platinum, Handsfree, Touring, Sport, Tech, Ipod with 15K for 39 months. MSRP was just over 48K. I had 2,000 loyalty incentive.
 
620 per month with only 1st month's payment out of pocket.
 
My salesperson was great to work with and I'm sure with the '09 right around the corner the deals will continue to flow. If you need contact info please feel free to message me.

#939 of 1690 Re: New FX Models [agoods] by Car_man HOST

Jun 09, 2008 (3:12 am)

Replying to: agoods (Jun 01, 2008 5:28 pm)
Your guess was correct, agoods. Infiniti just enhanced its lease program on the FX35 last week.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#940 of 1690 Re: June residual and money factor [fishemc] by Car_man HOST

Jun 09, 2008 (3:15 am)

Replying to: fishemc (Jun 02, 2008 5:24 pm)
Here's the information that you're looking for, fishemc. Infiniti Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2008 FX35 AWD with 15,000 miles per year are .00095 and 65%, respectively. The numbers for an otherwise identical 36 month lease are .00094 and 54%. The residual values for a lease with only 12,000 miles per year would be 1% higher.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#941 of 1690 Re: Loaded 08 FX35 Numbers [mandarin1] by Car_man HOST

Jun 09, 2008 (3:26 am)

Replying to: mandarin1 (Jun 07, 2008 8:30 am)
Congratulations on leasing your new FX, mandarin1. Thanks for taking the time to share the details of your lease with everyone. Make sure to stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your new ride .
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 95 of 170

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