1690 messages,
Last post on May 18, 2013 at 11:55 AM
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Infiniti FX35, Infiniti FX45, Infiniti FX50, Car Leasing, SUV
#96 of 1690 Re: Questions? [br2376]
by Car_man HOST
Dec 12, 2005 (5:20 am)
Hi Damien. In terms of the selling price that you are able to negotiate, I suspect that dealers will become increasingly willing to lower the selling prices of 2005 FX models as the arrival of the 2006 model approaches. Whether it will be less expensive to lease one one or in a few months depends upon what happens to its lease program. Most automakers have pulled the plug on their lease programs for 2005 models by now. Nissan and Infiniti are two of the few that tend to lease leftover models for as long as possible. This fact works to your advantage because Infiniti will probably still be offering some sort of lease support on the '05 FX early next year. it is difficult to say exactly what its lease program will be like a couple of months from now though. If you were to lease a 2005 Infiniti FX35 AWD through Infiniti Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00119 and 58%, respectively.
If you are able to negotiate a substantial additional discount on a demo, you may want to consider it. However, the problem with purchasing or leasing a demo vehicle is that dealers never seem to be willing to provide enough of a discount on them for me to personally justify getting one over an equivalent brand new model.
If your Pathfinder is indeed worth more than it would cost you to buy it right now, you are in a good but uncommon position. You can either trade it in to the dealer or sell it on your own and get out of your lease now rather than waiting until next year. Of course, you will likely get less money for your Pathfinder as a trade than you will if you sell it on your own. You have to decide if the cost of trading it in is worth saving the hassle of selling it privately.
Car_man
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#97 of 1690 2005 vs 2006 FX 35 - Lease Questions
by philbrandn
Dec 12, 2005 (8:23 am)
Hi,
I have a few questions in regards to an FX 35 lease.
I am planning on leasing an FX35 premium package with tech and navigation in the next few months. I could do it as soon as tomorrow or as late as February or March. I am looking to make the most cost effective and smartest deal (as we all are, i'd imagine
.
I went to the dealer the past weekend and got a 39 month lease rate of the following, depending on where I decided to title the car:
Cook County (Chicago) : $617/month
Chicago Suburbs: $567/month
Cleveland, OH: $517/month
I was told taxes are so different in these locations that, as you see, the payments could vary by $100/month.
I've learned that the 2006 fx35's are being released in February, and that there are incentives on the 2005's right now. My questions are these:
1) Other than the center console, are there really any big differences in the FX35 between 2005 and 2006?
2) The salesman I spoke with said that prices will be higher on the 2005's once the year rolls over. I find this a bit hard to believe, since I would think they would be working hard to get those 2005's of the lot. What are your thoughts?
3) Based on your knowledge of prices on the new (2006) fx35's when they arrive, how big of a jump in price do you foresee to lease a 2006?
4) To the best of your knowledge, do taxes have this big of an impact?
5) What is a good price on a 36 month 2005 fx35 lease right now?
6) Is there any downside to leasing a 2005 model (that is essentially a year old)?
FYI - I am in the Chicagoland area.
Thanks so much for your assistance....
-PhilBrandn
#98 of 1690 Re: Ready to make a deal [ufhenoblah]
by Car_man HOST
Dec 13, 2005 (3:50 am)
Hi ufhenoblah. There's no need to surprise the dealer that you are negotiating with about the fact that you want to lease. You should be upfront with them about it, especially because it will make a difference in the price that you are able to get this truck for. Infiniti is currently providing $1,500 dealer cash on the 2005 FX35, but this cash cannot be combined with its special lease program. Tell the dealer that you want to lease and negotiate a price as close to dealer invoice as possible.
As far as this model's lease program goes, it varies depending upon how long you lease for. For now, I will tell you about its 36 month program. Let me know if you want information about a different term. If you were to lease a 2005 Infiniti FX35 2WD through Infiniti Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00123 and 57%, respectively.
Car_man
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#99 of 1690 Re: First Car Purchase/Lease [cox8884]
by Car_man HOST
Dec 13, 2005 (3:54 am)
Congratulations on your graduation (in the near future), cox8884. You never mentioned the selling price or MSRP of the FX that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the FX35 that you are interested in for you if you let me know what these numbers are. You may be able to get an idea of how much you will have to pay for this model by visiting the following discussion: "Infiniti FX45 / FX35: Prices Paid & Buying Experience".
Car_man
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#100 of 1690 Re: Lease FX35 AWD or 2WD [dmcm]
by Car_man HOST
Dec 13, 2005 (3:59 am)
Hi dmcm. It's difficult to say what Infiniti's lease program on the FX35 will be like in a few months. Right now is a pretty good time to lease one though. Infiniti has a decent level of lease support on it and dealers seem to be willing to cut good deals on them both to squeeze a few more sales into their year-end totals and because the 2006 model will be arriving in the near future. If you are in the market for a new vehicle now, I personally don't see any reason to wait to get one.
You never mentioned the selling price or MSRP of the FX that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the FX that you are interested in for you if you let me know what these numbers are.
Car_man
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#101 of 1690 Re: 2005 vs 2006 FX 35 - Lease Questions [philbrandn]
by Car_man HOST
Dec 13, 2005 (4:07 am)
Hello Phil. I am not personally all that familiar with the differences between the 2006 and 2005 Infiniti FX, but you may be able to find out by visiting the following discussion: "Infiniti FX45 / FX35".
While dealers are often a little more willing to negotiate at the end of the month and the end of the year to pull as many sales into their monthly and annual totals as possible, I personally doubt that you will see the prices of 2005 FX35s go up in January. That will be even closer to the arrival of the 2006 model and most likely dealers will be anxious to get the leftover 2005 models off of their lots and they will discount them accordingly.
I have heard that Chicago has a strange way of calculating sales tax on leased vehicles, so it would not surprise me if it was significantly more expensive to lease the one that you want there than it would be to lease it in other areas.
Infiniti has a pretty good lease program on the '05 FX35 right now, so there really isn't any downside to leasing one. You never mentioned the selling price or MSRP of the model that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the FX that you are interested in for you if you let me know what these numbers are.
Car_man
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Dec 13, 2005 (8:16 am)
I leased a fx35 with touring for my wife in september. With $1300 down the payment is around $474.01 I negotiated the selling price of $35,300. I believe that's about $100.00 under invoice. That payment includes the awful Texas tax where you pay tax on the whole price of the vehicle. I hope that helps somebody. Great car. So far I think only the dreaded Nissan brake rotors are going out. I'm making an appointment this week to have them checked.
A little to soon IMO only been 4 months
#103 of 1690 More Information
by philbrandn
Dec 13, 2005 (10:14 am)
Thanks Car_man and dhamilton for the info. Here's the information I received from my dealer. Again, this is on a 2005 FX35 AWD with premium package and tech (including navigation). Please let me know if you think this is a fair deal and where you think there is room to improve. Does the selling price seem high? Are the money factors in line with Infiniti's programs?
Thanks so much.....Phil
Base MSRP…..$45160
Base Invoice…..$41402.56
Selling Price…..$41,652.46
Residuals
36….$26644.40
39….$26192.80
Money factors
36…. .00119
39…. .00116
Payments with $693 cap cost reduction (acq fee +license and title)
36 x $593.78
39 x $563.56
#104 of 1690 FX35 AWD Lease Help
by mark625
Dec 13, 2005 (1:45 pm)
Hi Car_Man,
Here's the deal I received from the dealer last night. It's for 2005 FX35 AWD with Touring & Tech Package. Please let me know am I getting a good deal or should I bargain more?
MSRP Price is $44360.00
Lease Term: 36 Month
Mileage: 12K / Year
Monthly Payment included Tax = $$547.10
Drive off: $928.85
Thank you very much for your help.
#105 of 1690 FX 35 Lease...Need Advise Car Man
by sks109
Dec 13, 2005 (2:51 pm)
Hi Car Man,
I've been following your words of wisdom, and have called 3 local dealerships, and received similar quotes. The most competitive quote is:
FX35 AWD ~ Touring ~ Black on Black
MSRP: $40,800
Cap Cost: $ 37,302
36 months, 12000 miles a year
Residual: 59%
Money Factor: .00119
$460.00/month (tax included)
$1370 due at lease signing (Bank Aquisition Fee, Doc Fee, First Month's Payment, Title, Registration, and Inspection costs. No Security Deposit)
How does deal sound? This is lowest Cap Cost I could negotitae. Dealership said they were making $161.25 on the invoice. What are your thoughts?