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Infiniti QX56 Lease Questions

200 messages, Last post on Nov 17, 2009 at 2:49 AM
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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
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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?
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Replying to: caligirl5 (Mar 07, 2008 5:30 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: benbo (Mar 16, 2008 5:57 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: duncan66 (Apr 07, 2008 5:12 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: neocortex (Apr 16, 2008 2:04 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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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.
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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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Well my bubble was just popped. I called to inform the dealer to get the contract ready and that we decided to go with 10K miles. Infiniti does not offer 10k for 24 months. So we have to go 12k. It may not be worth it since 15k is only $25 more per month. Nonetheless, it is still a good deal.
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Replying to: jkrutch (May 01, 2008 10:54 am)
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