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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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#153 of 200
Our 2008 QX56 by fpinho
Jul 12, 2008 (8:23 pm)
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Picked up our QX56 last night ....
 
Black on Black
MSRP 59310.00 -- Loaded
Total out of pocket: 3000.00 (We wanted to keep payment below 625.00)
Montly payment with tax. 623.12
24 months / 15K per year
 
No other dealer in NJ would come close to this number .....I called them all ....
#154 of 200
QX56 Lease in NJ by jabes30
Jul 14, 2008 (9:27 am)
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Congratulations fpinho!!!
 
I haven't leased it yet...now acrtually considering a purchase.
 
I contacted a bunch of other dealers...almost every one told me that truck couldn't be delivered for the price I noted above.
 
What was the payment they quoted with no money down?
 
Best of luck!!!
#155 of 200
Re: QX56 Lease in NJ [jabes30] by fpinho
Jul 14, 2008 (9:53 am)
Reply

Replying to: jabes30 (Jul 14, 2008 9:27 am)

Hi Jabes ... Thanks ...
 
I never did get a quote for no money down. The way gas prices are now, buying the truck didnt make much sense to us (resale value) and thats why we went with the lease. I actually used a friend of a friend who owns a leasing company and thats how I was able to get the truck for the numbers I listed before. I can give you his number if your interested just send me your email address.
#156 of 200
July Lease QX56 in NJ by wittmer
Jul 16, 2008 (6:40 pm)
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Need some help on a lease for a 2008 QX56 MSRP 59,310
 
I have been quoted 53,948 less the 5,000 cash rebate netting to 48,948 if I buy and do not use the 0% financing.
 
1st question = using the edmunds pricing with options feature, the TMV for the 59,310 equipped vehicle indicates 51,319 for the TMV and an invoice price of 54,292. Is the TMV price of 51,319 price before or after the $5,000 marketing support available in July 08? I am thinking it must be before the 5K rebate since the invoice is 54,292. Just want to confirm the "what others are paying" price so I clearly understand what I need to shoot for.
 
Because I am concerned about the ultimate resale, I still want to lease versus purchase the vehicle despite the 0% financing. I need to pick this up from some NJ dealer this month (3rd kid coming < 30days and can't fit 3 car seats in my Jeep) NJ sales tax is 7%. I do not have a trade-in. I have been quoted 779/mo for 39 months for 15K miles per year. Just inception money of about 1,800 ( bank fee, 1st month, NJ tax, etc) I learned the residual is 49% and money factor is .00138. $779 Seems high when I try to calc the lease pmt myself, especially assuming I can use the 5,000 rebate in arriving at cap cost. This deal does not seem to come close to pfinho's above. Can someone please offer advice or suggest a dealership in southern central NJ? Also, can someone confirm the QX56 body style changes in 2010? any pix available? Thank you, Jim
#157 of 200
$5,000. Dealer Marketing Support by jabes30
Jul 17, 2008 (2:07 pm)
Reply
Applies to purchase only. Not to lease.
 
I have been looking for a while. Best I have been quoted this month (July) is about the same $779. fpinho's deal shown above sounds excellent. If I could figure out how to email him...I'd get the name of the leasing company he used.
 
Just FYI---I am in Southern NJ and have spoken to about 5 dealers in NJ and PA.
#158 of 200
Re: $5,000. Dealer Marketing Support [jabes30] by fpinho
Jul 17, 2008 (2:26 pm)
Reply

Replying to: jabes30 (Jul 17, 2008 2:07 pm)

Hi guys,
 
Please email me the terms that your looking for 24, 36 mth number of miles etc. etc. and send me all of the info to my email address that I just created fpinho70yahoo.com I will tell you who to get in contact with to get the best deal .....
 
Please NOTE: When I leased my truck I was still working with the numbers from June as far as residual and MF's go and I also used the owner loyalty of 2000.00 which I dont know if it is still available. I know the residual dropped but the MF now is .00001 for 24 months. I was able to do this because my friend put my application into the Infiniti system on the 6th of July and it is good for 7 days because we wanted to see if the deals would get better or worse and BTW they got worse.
 
When I called my dealer up north in NJ the best he could do was 665.00 with 2500.00 total out of pocket and this was working with July's numbers already.
 
Thanks,
Frank
#159 of 200
Thanks, jabes30 & fpinho by wittmer
Jul 17, 2008 (5:46 pm)
Reply
A dealer told me the 5K did not apply to the lease. I guess I needed to validate it.
 
I am in South Jersey also. I have been dealing with Holman Infiniti, Ardmore, Willow Grove, and West Chester. I have not contacted Ray Catena in Edison but I have a friend of a friend who I will give the last shot at the sale....plus there are 17 left on the lot, mostly with the MSRP of 59,310.
 
fpinho - thanks for the heads up on the MF for 24 months. I will try to send you an email as you suggest with the terms.
 
Thanks,
 
Jim
 
Thanks,
 
Jim
#160 of 200
Re: July Residual & MF Numbers [fpinho] by Car_man HOST
Jul 25, 2008 (1:49 am)
Reply

Replying to: fpinho (Jun 30, 2008 7:28 am)

Here you go, fpinho. Infiniti Financial Services' July buy rate lease money factor and residual value for a 24 month lease of a 2008 Infiniti QX56 AWD with 15,000 miles per year are .00077 and 50%, respectively. The residual value for a lease with only 12,000 miles per year would be 1% higher and with 10,000 miles per year would be 2% higher.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#161 of 200
Re: Our 2008 QX56 [fpinho] by Car_man HOST
Jul 25, 2008 (1:52 am)
Reply

Replying to: fpinho (Jul 12, 2008 8:23 pm)

Congratulations on getting your new QX, fpinho. I'm glad that you like it so much. Thanks for taking the time to share the details with everyone. Don't forget to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your new truck.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#162 of 200
if you have to get a big SUV by scottinky
Jul 25, 2008 (2:29 am)
Reply
get the Armada over the QX, save $$$$$$$ not much difference between the
two except the sticker price.

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