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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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#128 of 200 QX56 2008 by mlevine Mar 17, 2008 (5:05 pm)
Congratulations benbo enjoy your new purchase. I tried to get the QX without DVD but very hard to find. Felt DVD not worth the price. We have a stone interior which can get very dirty, I try to wipe it down on the weekends. Had to buy carpet mats as the 2nd and 3rd row seat carpets can get destroyed. I only drive the SUV on the weekends as this is the wife's vehicle. Current gas mileage about 11mpg, suspect it will improve as the engine breaks in. Replies to this message: keg97 (Mar 17, 2008 5:09 pm)
#129 of 200 Re: QX56 2008 [mlevine] by keg97 Mar 17, 2008 (5:09 pm)
Replying to: mlevine (Mar 17, 2008 5:05 pm) Just flipped over 1100 miles and we've been averaging 14.5 miles. That is on a 4WD. We've been taking it relatively easy since we're on the break-in, but nothing too easy.
#130 of 200 April Lease Info by duncan66 Apr 07, 2008 (5:12 pm)
I'm looking to lease a 2008 QX56 4WD in the next couple of weeks. Does anyone know the residual value and money factor with 15,000 per year for a 3 year lease? Thanks Replies to this message: Car_man (Apr 21, 2008 1:32 am)
#131 of 200 QX56 Lease - Can I do Better? by neocortex Apr 16, 2008 (2:04 pm)
Car Man,   I am currently looking to lease a '08 QX56 2WD with DVD and no additional extras. I am in Southern California and have recieved the following bid. The vehicle in question includes the Tow Package, as well as splash guards and cargo net (both of which I'm going to see if can be thrown in for free).   MSRP is $55,625 - invoice is $50,984   There is $1000 conquest cash being used from Infiniti being used as part of the down. I'm also contributing $2000.00 down out of pocket.   Here's what the dealer has proposed:   36 months/12k miles - $2000 down + $1000 conquest cash - $654 + tax = $708.76 (residual 55%)   39 months /12k miles - $2000 down + $1000 conquest cash - $637 + tax = $690.31 (residual 54%)   Do these residual values look correct? Is there a better price available? Where can I potentially get a better deal or am I kidding myself? Replies to this message: Car_man (Apr 21, 2008 1:48 am)
#132 of 200 Re: Lease rate for 2WD model with DVD [caligirl5] by Car_man HOST Apr 21, 2008 (1:23 am)
Replying to: caligirl5 (Mar 07, 2008 5:30 pm) Hi caligirl5. Here's the info that you're looking for. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 Infiniti QX56 2WD with 12,000 miles per year are .00148 and 55%, respectively. When negotiating your lease on this truck, make sure to take advantage of the $2,000 owner loyalty cash or $1,000 conquest cash to the current owners of competitive models.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#133 of 200 Re: Pulled the Trigger [benbo] by Car_man HOST Apr 21, 2008 (1:30 am)
Replying to: benbo (Mar 16, 2008 5:57 pm) Congratulations on getting your new QX56, benbo. Thanks for taking the time to share the details with everyone. Make sure to stop by the Dealer Ratings & Reviews to share your thoughts on your recent dealer experience with others. Enjoy your new ride!   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#134 of 200 Re: April Lease Info [duncan66] by Car_man HOST Apr 21, 2008 (1:32 am)
Replying to: duncan66 (Apr 07, 2008 5:12 pm) Here's the info that you're looking for, duncan66. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 Infiniti QX56 4WD with 15,000 miles per year are .00109 and 54%, respectively. When negotiating your lease on this truck, make sure to take advantage of the $2,000 owner loyalty cash or $1,000 conquest cash that are currently available on it.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#135 of 200 Re: QX56 Lease - Can I do Better? [neocortex] by Car_man HOST Apr 21, 2008 (1:48 am)
Replying to: neocortex (Apr 16, 2008 2:04 pm) Hi neocortex. The residual values that you were quoted are correct. You mentioned this truck's MSRP and dealer invoice price in your post, but not what selling price you are being given. This is an important number 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 the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of the vehicle that they want to lease is that it is necessary to calculate its lease payment. If I was in the market for this truck right now, I personally would shoot for a selling price of $500 or so over invoice and see what happens.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#136 of 200 QX56 Lease in NJ by jabes30 Apr 21, 2008 (11:39 am)
This is the best deal I have gotten:   Sticker---$59,215. Cap Cost---$54,275. (includes conquest rebate) 39 months 12k per year Money Factor---.00125 Residual 53%   Upfront Money---$1,500. 1st months payment plus fees   $742. per month   Dealer said this is his absolute best. Replies to this message: fpinho (Jul 12, 2008 8:16 pm)
#137 of 200 My Deal by jkrutch Apr 30, 2008 (6:45 pm)
I think I did very well on our new truck. $59,310 MSRP, 4WD, Technology Package, Mobile Ent. Pkg. and the split bench option (8 passenger capability)   $785/MO (inc'd 6% tax) sign and drive (no cash up front and 23 payments remaining).   24 months and 10k miles per year.   Residual is 67% and money factor is .00072.   I did get $1,000 credit for competing vehicle.   Selling price $54,700 Bank Fee $595 Upfront cash added back in to cap cost - $580   The upfront was $1580 less the $1000 Conquest credit.   Up front was 1st payment, Dealer Svc. Fee $695, $100 misc. DMV stuff.   Total Cap Cost $55,875   We pick it up tomorrow.

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