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Infiniti QX56 Lease Questions

363 messages,  Last post on Apr 24, 2013 at 3:47 PM

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

Messages Page 35 of 38

#332 of 363 New Lease 2012 QX56 2WD - 39 months 12k miles by loomis661

Oct 31, 2012 (11:34 am)

Car man,
 
Can you help me out with a lease payment. I qualify for top tier. I have a trade in which I usually don't like to do but want to get out of the vehicle. I would get $4,500 for the and would throw in $700. They QX has a $67,000 retail tag on it. What should I look at for payment. They are quoting $850.
 
Thanks!

#333 of 363 Re: Need Help [cartman13] by Car_man HOST

Oct 31, 2012 (1:54 pm)

Replying to: cartman13 (Oct 31, 2012 10:04 am)
Hi cartman13. Infiniti Financial Services' October buy rate lease money factor and residual value for a 39-month lease of a 2012 QX56 AWD with 10,000 miles per year are .00148 and 55% for consumers who qualify for its top credit tier.
 
Car_man
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#334 of 363 Re: New Lease 2012 QX56 2WD - 39 months 12k miles [loomis661] by Car_man HOST

Oct 31, 2012 (2:12 pm)

Replying to: loomis661 (Oct 31, 2012 11:34 am)
Hi loomis661. At $1,000 over invoice I get an approximate zero down, pre-tax monthly payment of around $852 on this truck for 39 months with 12,000 mies per year.
 
I'm not sure what you are saying about your trade. Do you mean that you have $4,500 in equity in it that you are applying towards this deal? If so, don't do it. you would be much better off having the dealer cut you a check for any equity that you have in your trade rather than using the proceeds from it as a capitalized cost reduction. I always advise consumers to put as little down as possible when leasing. Consumers 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 in an accident or stolen and never recovered.
 
Car_man
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#335 of 363 Re: New Lease 2012 QX56 2WD - 39 months 12k miles [Car_man] by cartman13

Nov 01, 2012 (8:46 am)

Replying to: Car_man (Oct 31, 2012 2:12 pm)
Hi Car_Man,
 
Is the loss of money a function the large drop off in depreciation in the 1st year? (i.e. GAP coverage will cover any shortfall to the lease co, but will not reimburse your down payment?)
 
i.e. your lease amortizes straight line, but your car takes a 10% depreciation hit as you drive off the lot (example, not necessarily true.) Insurance pays at 90% but you owe 98% on lease. still. if you had put if you put zero down GAP covers 8%, if you put 10% down, GAP pays nothing and you are out the 10%?
 
Loomis, not sure where you are located, but out here in LA county you should probably be better than invoice.

#336 of 363 November rates by heytray

Nov 14, 2012 (8:43 pm)

Hi there. Could you please give me the MF an residual numbers on a 36 month lease. I believe I should be asking for a price around $10,000 below MSRP, is that right? That just seems different as I usually start at invoice for my negotiations. $300 ad fee and is it $500 or $700 acquisition fee. Is there anything else I should Know?

#337 of 363 Re: November rates [heytray] by Car_man HOST

Nov 26, 2012 (4:34 pm)

Replying to: heytray (Nov 14, 2012 8:43 pm)
Here's the information that you're looking for heytray. IFS' November buy rate lease money factor and residual value for a 36-month lease of a 2012 QX56 AWD with 15,000 miles per year are .00130 and 52% for consumers who qualify for its top credit tier.
 
I'm not sure off of the top of my head how much of a spread there is between this truck's MSRP and dealer invoice price, but you can look that up over in the New Vehicle Pricing section of Edmunds.com. If I was in the market for this truck, I personally would shoot for a selling price of around $500 or so over invoice.
 
IFS' base lease acquisition fee is now $700.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#338 of 363 Re: November rates [Car_man] by sewellgsm

Nov 27, 2012 (12:58 pm)

Replying to: Car_man (Nov 26, 2012 4:34 pm)
8-8.5% mark-up from invoice to MSRP.

#339 of 363 Re: New Lease 2012 QX56 2WD - 39 months 12k miles [cartman13] by sewellgsm

Nov 27, 2012 (1:05 pm)

Replying to: cartman13 (Nov 01, 2012 8:46 am)
Cartman13...
 
If you total IFS car/SUV (remember they own it, you are leasing it)...then it will depend on your insurance company whether you will get any money back. If you are "upside down" the GAP (that IFS provides for themselves, you pay nothing) kicks in. If you have equity because you put a bunch of money down, then you will be reinbursed.
 
Example: Insure values vehices at $56k...payoff is $55k...you will get $1k.
 
We advise you put as little down as possible when leasing. All you are doing is buying a lower payment.

#340 of 363 December numbers by dchamp72

Dec 16, 2012 (1:55 pm)

Hi car man,
What is the December residual and money factor for a 39 month lease with 10k miles?
Thanks.

#341 of 363 Incentives by sjcj0709

Dec 16, 2012 (8:19 pm)

I talked to a dealer in the Midwest over the weekend. I asked about the dealer cash and he said there were no incentives at this time on the QX 56. In fact, he showed me an incentive sheet that did not have anything for the QX. Sewell, any thoughts on this?
 
The amount he wanted to take off MSRP was nowhere near what has been talked about on this forum.

Messages Page 35 of 38

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