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Prices Paid: Buying & Leasing Experiences 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
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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 |
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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.
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Replying to: jabes30 (Jul 17, 2008 2:07 pm) 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  fpinho70 yahoo.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 |
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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 |
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Replying to: fpinho (Jun 30, 2008 7:28 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: fpinho (Jul 12, 2008 8:23 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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get the Armada over the QX, save $$$$$$$ not much difference between the two except the sticker price. |
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Replying to: Car_man (Jul 25, 2008 1:52 am)
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Replying to: Car_man (Jul 25, 2008 1:49 am) Hopefully those numbers will hold up for a while so I can trim some $$ off the list. |
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Replying to: johnnypart (Jul 25, 2008 12:34 pm) Once you have a selling price that you are comfortable with, have the dealer use Infiniti Financial Services' buy rate lease money factors of .00001 for 24 months, .00077 for 36 months, or .00098 for 39 months to calculate your monthly payment. I see that the dealer that you are currently working with quoted you a lease with a large down payment. It is in your best interest to go with a zero down lease, even if it means that your monthly payment will be a little higher. Consumers who lake large capitalized cost reductions on leased vehicles risk losing part or all of them if their car or truck is totaled in an accident or stolen and never recovered. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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