363 messages,
Last post on Apr 24, 2013 at 3:47 PM
You are in the
Prices Paid - Buying & Leasing Experiences Forum.
What is this discussion about?
Infiniti QX56, Car Leasing, SUV
#245 of 363 QX56 Lease Pricing - CarMan Need You Advice
by titleman
Jun 13, 2011 (9:10 am)
Hi CarMan - I am negotiating a lease on a QX56 in NJ and would appreciate your help to see if this is a good deal. 39 month lease 12K a month from Salerno Duane Infiniti in Denville.
2011 4 WD QX56 w/theater package
MSRP: 64,545
Negotiated Price: 62,245
Residual: 35,499.75
Money Factor is .001800
Inception fee (down payment) 1st month, bank fee, DOC fee, Tire Waste Fee, Title, etc.: $1900
Lease price quoted is $960 a month
The lease is a little higher than I hoped, just wondering if you had any ideas or this deal looks solid. Thanks so much. DJ from NJ
#246 of 363 Re: QX56 Lease Pricing - CarMan Need You Advice [titleman]
by ahashmi
Jun 13, 2011 (11:09 am)
You should be able to drop $70-80/month to be honest from my calculations. And I think the RV is 56%, they quoted you 55%. If its 55%, then just try to bring it down that amount, if its 56%, it should come down much more.
Truecar.com price for a car with MSRP of $65240 is $61636....which is still a pretty significant markup above Invoice.
#247 of 363 Re: QX56 Lease Pricing - CarMan Need You Advice [ahashmi]
by titleman
Jun 13, 2011 (11:58 am)
Thanks Ahashmi. I appreciate it. I thougth it seemed high. I am going to try to work them down or call a few other dealers. Much obliged.
#248 of 363 Re: i love leasing from infiniti [csw88]
by athomason
Jul 24, 2011 (4:48 pm)
Where was this dealership?
#249 of 363 Negative Equity
by athomason
Jul 24, 2011 (4:53 pm)
I have $5,000 in negative equity for a trade in on an 04 lexus GX 470. I have been quoted for $3,000 for first payment etc, $1,230/mon (with tax) for a QX56 (Deluxe, Tech and Entertainment packages) 12K per year for 48 months.
In the alternative, $3,000 down then $1,150 (with tax) for QX 56 with Entertainment only, 12k per year for 48 months.
Is rolling this negative equity into a lease a bad deal?
#250 of 363 Re: Negative Equity [athomason]
by ahashmi
Jul 26, 2011 (7:25 am)
Yea you're significantly paying a lot more, specially since they charge interest on that as well.
Aug 01, 2011 (12:55 pm)
Carman,
Can you update August Residual and money factor for 36 mo. 12k miles on whichever model they are promoting.
Thanks
#252 of 363 Re: QX56 lease [albertob]
by Car_man HOST
Aug 04, 2011 (3:43 pm)
I'd be happy to albertob. Infiniti Financial Services' August buy rate lease money factor and residual value for a 36 month lease of a 2011 QX56 AWD with 12,000 miles per year are .00171 and 54%, respectively for consumers who qualify for its top credit tier.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#253 of 363 Re: QX56 lease [Car_man]
by ahashmi
Aug 25, 2011 (1:07 pm)
Hi Car_man,
Would you happen to know MF and RV for a 2011 QX56 4WD but for 39 months with 12,000 mi/yr or 10,000 mi/yr?
Thanks,
This is been a lot of help
#254 of 363 Re: QX56 lease [ahashmi]
by Car_man HOST
Aug 30, 2011 (4:42 pm)
I'm glad that you've found this discussion so helpful, ahashmi. Infiniti Financial Services' August buy rate lease money factor and residual value for a 39-month lease of a 2011 QX56 4WD with 12,000 miles per year are .00171 and 54%, respectively for consumers who qualify for its top credit tier.
The residual value for a lease with only 10,000 miles per year would be 1% higher.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum