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Infiniti QX56 Lease Questions

200 messages,  Last post on Nov 17, 2009 at 2:49 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Infiniti QX56, Car Leasing, SUV


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#11 of 200
Re: no need to reply anymore [tarynlynnie] by kirstie_h HOST
Oct 07, 2005 (4:30 am)
Reply

Replying to: tarynlynnie (Oct 06, 2005 12:43 pm)

Our board is primarily for members to exchange information - if a host can answer the question, sometimes he/she will, but there's no guaranteed response time.
 
kirstie_h
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Host, Future Vehicles & Smart Shopper discussions
#12 of 200
Re: Re: bigkev7000 by Car_man HOST
Oct 10, 2005 (2:13 am)
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Thanks for the additional information, bigkev7000. According to my calculations, if you were to lease a full loaded 2005 Infiniti QX56 with an MSRP of $53,430 and a selling price of $48,773 through Infiniti Financial Services right now for 36 months with 15,000 miles per year, its zero down, pre-tax monthly payment should be around $706.
 
Car_man
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#13 of 200
Re: need to know if this is a deal????? by Car_man HOST
Oct 10, 2005 (2:20 am)
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Hi tarynlynnie. You are being quoted a $3,700 discount on a car that probably has a spread of around $4,200 between its full MSRP and dealer invoice prices. This looks like a reasonable discount to me. Using the prices that you were quoted and Infiniti's actual lease program, I estimate that this truck should have a zero down, pre-tax monthly payment of around $805 for 24 months and $732 for 36 months, both with 15,000 miles per year. I'm not sure why the payments that you were quoted are so much higher than this. Sales tax definitely would make up for part of the difference, but I doubt that it is the reason for all of it. Make sure that the dealer that you are working with is using Infiniti Financial Services' buy rate lease money factors of .00177 for 24 months and .00159 for 36 months to calculate your truck's monthly payment.
 
Car_man
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#14 of 200
Re: Re: bigkev7000 [Car_man] by bldavis
Oct 30, 2005 (7:30 am)
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Replying to: Car_man (Oct 10, 2005 2:13 am)

So, if I am being quoted a 39 month lease of $927 for a 2006 QX56 FULLY loaded literally, with $1500 down...I should look to another dealer, or does this seem fair to you? Seems too high to me, even for the 06?? The lease does have 15000 miles, and they are quoting a sales price of $55485. Any thoughts???
#15 of 200
Good deal on leasing an 06 Infiniti QX56? by bldavis
Oct 30, 2005 (7:33 am)
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I am beign quoted a sales price of $55485 for an 06 QX with every option, dvd, etc. minus the intell cruise control. Lease for 39 months with 15000 miles come out to $925 a month with $1500 down. Seems WAY too high for me, any thoughts out there? I have always paid cash for cars so leasing is new to me? HELP.
#16 of 200
Re: schutzhund1 [Car_man] by bldavis
Oct 30, 2005 (7:36 am)
Reply

Replying to: Car_man (Sep 20, 2005 3:06 am)

I will take you up on that offer. So you are saying I should NOT pay the $1500 down I proposed to them, and get a new deal. They quoted me a "marked down" sales price of $55,485 on an 06 Qx56, leasing with 15000 miles for 39 months at $925 per month. I think this is too high....any thoughts?
 
Brian in Charlotte, NC (Infiniti of Charlotte)
#17 of 200
Lease on 06 Q56 by linda17
Nov 09, 2005 (6:17 am)
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I am new to leasing and want not to make a mistake. I am looking at an 06 loaded Q56 with a msrp of 56,000 and invoice of 51,829. I can do a lease of 36-42 months if there is an advantage to one over another. I can do 12,000 miles per year. What should I look to get in a lease price and payment? Thanks
#18 of 200
Re: Re: bigkev7000 [bldavis] by Car_man HOST
Nov 10, 2005 (3:55 am)
Reply

Replying to: bldavis (Oct 30, 2005 7:30 am)

Hi bldavis. It is difficult for me to comment on the lease payment that you were quoted without knowing this truck's full MSRP (including its destination charge). This is an important number because it shows me how much of a discount you are being given and it enables me to estimate what this truck's lease payment should be.
 
Car_man
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#19 of 200
Re: Lease on 06 Q56 [linda17] by Car_man HOST
Nov 10, 2005 (4:02 am)
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Replying to: linda17 (Nov 09, 2005 6:17 am)

Welcome linda17. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
None of the lease terms that you mentioned, 36, 39, or 42 months, stand out to me as having a significantly more attractive lease program than the others. The main difference will be that the longer you lease this truck for, the lower your monthly payment will be. This is because new vehicles experience their most rapid depreciation during the first year of ownership. Lessees who lease for long terms are able to spread out this large initial depreciation hit out over a large number of payments and usually have a lower monthly payment than if they had entered into a short lease. I am not personally all that familiar with how much consumers are paying for this truck lately. This will vary depending upon how much competition for your business there is in your area. You may be able to get an idea of how much you will have to pay for this truck by looking at how much other community members have recently paid for one in the following discussion: KarenS, "Infiniti QX56: Prices Paid & Buying Experience" #, 4 Mar 2004 2:23 pm.
 
For now, let's assume that you get this truck for $1,500 over invoice and decide to lease it for 39 months with 12,000 miles per year. According to my calculations, that would result in a zero down, pre-tax monthly payment of around $777.
 
Car_man
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#20 of 200
Lease by mlively
Nov 27, 2005 (6:59 pm)
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Just wanted to clarify - seems that some believe that no downpayment means nothing down at closing. My understanding is nothing down means nothing down in addition to the bank fee, tag, title and deposit. Am I correct?

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