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Infiniti QX56 Lease Questions

198 messages,  Last post on Oct 27, 2009 at 2:37 PM

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

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#184 of 198 QX56 December Lease Rates by calogero1 Dec 02, 2008 (7:19 pm)
Hey Car_Man, was wondering if you could help me out with some lease numbers for both a 2008 AND 2009 QX56 for 36 months, 15k miles/year.   And anyone else posting here who recently leased either a 2008 or 2009 QX56, could you please share your lease numbers, including monthly payment, lease term, miles per year and amount due at signing.   All information greatly appreciated, as I've been looking to lease this vehicle for several months now and am waiting for rates to get better.   Thanks in advance! Replies to this message: Car_man (Dec 08, 2008 2:59 am) mkw07 (Jul 10, 2009 8:52 am) Car_man (Jul 17, 2009 2:53 am)
#185 of 198 Re: QX56 December Lease Rates [calogero1] by Car_man HOST Dec 08, 2008 (2:59 am)
Replying to: calogero1 (Dec 02, 2008 7:19 pm) I'd be happy to help you out, calogero1. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 QX56 AWD with 15,000 miles per year are an unbelievably bad .00315 and 36%, respectively. The numbers for an otherwise identical lease of an '09 model are a still bad .00315 and 40%. If you want to lease an SUV, the QX56 probably is not the model for you.   The silver lining to these terrible lease programs is that they are compatible with the $7,000 dealer cash that is compatible with the '08 model and the $4,000 that's available on the '09 model.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: mkw07 (Jul 10, 2009 8:52 am) Car_man (Jul 17, 2009 2:53 am)
#187 of 198 Re: QX56 July 09 Lease Rates [Car_man] by mkw07 Jul 10, 2009 (8:52 am)
Replying to: Car_man (Dec 08, 2008 2:59 am) Car Man,   Might need some help here. I am scheduled to negotiate a 2010 QX56 that just came in this afternoon. I have a VPP certificate and the dealer is telling me that if I lease the $6000 regional incentive goes away and I would have to lease the vehicle at Invoice. Do you know what the money factor is today for a 36 month lease at 20,000 miles? My wife drives at least that and I'm wondering if I should buy the car at 48K (with the $6000 incentive) or lease? The payment difference is only $50 mth cheaper to lease and they are asking for $4000 down to lease vs. $7000 down to buy.   Anything I need to look out for?   Thank you! Replies to this message: Car_man (Jul 17, 2009 2:53 am)
#188 of 198 Re: QX56 July 09 Lease Rates [mkw07] by Car_man HOST Jul 17, 2009 (2:53 am)
Replying to: mkw07 (Jul 10, 2009 8:52 am) Hi mkw07. What you were told is correct. The dealer cash that Infiniti is currently providing on the QX56 is not compatible with its special lease program.   Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 QX56 AWD with 15,000 miles per year are .00156 and 46%, respectively. 15,000 miles per year is the highest mileage allowance that IFS publishes residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.   Do not make a $4,000 down payment on a lease. I always advise consumers to put nothing down when leasing. Those who make large down payments on leased vehicles risk losing part or all of the money that they put down if their vehicle is totaled.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#189 of 198 Confusion about the QX56 Incentives by mkupneski Jul 20, 2009 (10:59 am)
Car Man,   I was hoping you could help me sort out the current incentives for a 2010 QX56. I am looking at a 4WD model with the H01 package (video system). The invoice price is $56,920 and the MSRP is $61,715 (both including destination). I am a current Infiniti owner and thus qualify for the $1K owner loyalty cash. I am being told the rebates are on 4K plus another 1K for the owner cash. Thus, I am getting quotes for 5K under invoice or $51,920. However, this site suggest that there is 6K in rebates plus an additional 1K in owner loyalty cash. Can you confirm which number is correct (obviously, 2K is a big difference).   Thanks for all your help! Michael Replies to this message: Car_man (Aug 05, 2009 2:18 am)
#190 of 198 Infiniti Early Lease Termination Incentive by tjones62 Jul 27, 2009 (3:17 pm)
The lease on my 2008 M35 ends mid-Jan. I emailed local dealers about a 2010 QX, and one responded that Infiniti offers early lease termination incentives. I asked for additional details but heard nothing further. Do you have any information on this? Thanks. Replies to this message: Car_man (Aug 05, 2009 2:23 am)
#191 of 198 Re: Confusion about the QX56 Incentives [mkupneski] by Car_man HOST Aug 05, 2009 (2:18 am)
Replying to: mkupneski (Jul 20, 2009 10:59 am) Greetings Michael. Infiniti is indeed providing $6,000 dealer cash on the 2010 QX56. Unfortunately, this dealer cash is not compatible with this truck's special lease program. The $1,000 loyalty cash that you mentioned is compatible with the lease program though.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#192 of 198 Re: Infiniti Early Lease Termination Incentive [tjones62] by Car_man HOST Aug 05, 2009 (2:23 am)
Replying to: tjones62 (Jul 27, 2009 3:17 pm) Hi tjones62. Infiniti Financial Services will waive up to three remaining monthly payments for current IFS lessees who agree to lease a new Infiniti vehicle through it. It sounds like you have more payments left on your M lease than that. You would have to pay for any payments over three that you have left out of your own pocket, or have the dealer cover them using the gross from your new vehicle...which is essentially the same thing because it hampers your ability to get the best possible deal. If I was in your situation, I personally would wait a couple of months to get something new.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#193 of 198 Tax Credits on 2010 QX56 by sewellgsm Sep 03, 2009 (2:42 pm)
In Texas, IFS just announced that they will give tax credits from 9/3 to 9/8/09 - short run, but can save you about $50 off your payment!

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