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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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#41 of 200
Re: Car Man--Need your help ASAP [schkab] by Car_man HOST
Dec 07, 2006 (1:23 pm)
Reply

Replying to: schkab (Nov 21, 2006 10:53 am)

Hi schkab. Is the selling price that you were quoted for this truck before or after your trade-in allowance has been applied. If it is before, it is an outstanding price. You're right, I always advise consumers against making large down payments on leases. I do so because if your leased vehicle is totaled in an accident or stolen and never recovered, your down payment essentially disappears. There's nothing wrong with trading in your current vehicle, but you would be much better off if you had the dealer cut you a check for it rather than using the proceeds as a capitalized cost reduction for your lease.
 
Car_man
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#43 of 200
Like everyone else --in need of help by schmitz1
Dec 08, 2006 (12:32 pm)
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Hi all --new to the site. I am in search of the Q56 --doesn't matter to me if it is a 2007 or 2006 --there seems to be very limited 2006 models in Tampa area.
 
Looking for current money factor --was just quoted .00265.
 
The truck I prefer is a 2wd --15,000 miles--39 months--dvd-tow package. I notice a lot of the messages here to quote prices in the mid 40's . I am not sure which state that is --or am I not asking the right questions.
 
The money factor I was quoted is on a 2007 --claims it is off the MSRP of 50,071. 39 months --15,000 miles for 936 a month. That includes our 7% tax. That just seems high to me.
 
Has anyone else been quoted in the 900's for 2007 2wd??
 
Any sugguestions on where to call for a good deal??
#44 of 200
Re: Car Man--Need your help ASAP [Car_man] by schkab
Dec 11, 2006 (10:56 am)
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Replying to: Car_man (Dec 07, 2006 1:23 pm)

Car Man:
 
We ended up getting the car....$617/month out the door for the 2006 QX56 15K miles for 39 months. Has the DVD, sunroof, 4WD packages. 49,298 before trade -in so I guess we did get a great deal! Yeah.
 
Thanks.
Schkab
#45 of 200
Please Help, 2007 QX56 AWD by yellonsx
Dec 16, 2006 (10:00 pm)
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I was quoted 1200 over invoice, for a vehicle with an msrp of 56k. 39 month lease, drive offs only and 800/month including tax (7.75%)12k per year.49% residual and .00185 money factor. It seems like everyone is getting 6-7k discounts on these cars. That would probably make it under invoice. Is this a good deal?
 
Thanks
#46 of 200
Re: Like everyone else --in need of help [schmitz1] by Car_man HOST
Jan 16, 2007 (2:38 am)
Reply

Replying to: schmitz1 (Dec 08, 2006 12:32 pm)

Hi schmitz1. Not only is there a limited number of 2006 QX56 models left on dealers' lots, Infiniti is no longer providing lease support on the '06 model. If you want to lease one through Infiniti Financial Services right now, its money factor will be an unattractive .00285. On the plus side, the '06 QX56 has $5,000 dealer cash available on it that you can use to negotiate a lower capitalized cost for your lease.
 
If the .00265 lease money factor that you were quoted for the QX56 that you are interested in was for a 2007 model, it is way out of whack. Infiniti Financial Services' current 39 month buy rate lease money factor for the 2007 QX56 2WD is .00143. The only reason that I can think of why the money factor you were quoted is so high is perhaps the dealer you are working with is running this truck's lease through an independent bank instead of IFS. By doing so they would be able to take advantage of the $4,000 dealer cash that Infiniti is providing on this truck. This cash is not compatible with IFS leases. I would be happy to use Infiniti's lease program to calculate a sample lease payment on this truck for you, but in order for me to do so I need you to provide me with its selling price.
 
Car_man
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Prices Paid Forum
#47 of 200
Re: Car Man--Need your help ASAP [schkab] by Car_man HOST
Jan 16, 2007 (2:38 am)
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Replying to: schkab (Dec 11, 2006 10:56 am)

That's great, Schkab. Congratulations on your new truck. Enjoy !
 
Car_man
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Prices Paid Forum
#48 of 200
Re: Please Help, 2007 QX56 AWD [yellonsx] by Car_man HOST
Jan 16, 2007 (2:58 am)
Reply

Replying to: yellonsx (Dec 16, 2006 10:00 pm)

Hi yellonsx. $1,200 is a reasonable price for a 2007 Infiniti QX56. If you are in an area that has a decent level of competition, you may be able to beat this price by a few hundred dollars, but certainly not by a few thousand. Chances are, the other community members that you have seen mentioning extremely low prices on this truck were not leasing them through Infiniti Financial Services. Infiniti is providing thousands of dollars in dealer cash on the 2007 QX56, $4,000 to be exact, but this incentive is not compatible with IFS' special lease program.
 
The lease money factor that you were quoted looks reasonable to me, but here is IFS' latest lease program for the model that you are interested in. IFS' current buy rate lease money factor and residual value for a 39 month lease of a 2007 Infiniti QX56 AWD with 12,000 miles per year are .00101 and 49%, respectively.
 
Overall I would say that the deal that you were quoted is reasonable, but may be able to be beaten by a little bit.
 
Car_man
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Prices Paid Forum
#49 of 200
Re: Please Help, 2007 QX56 AWD [Car_man] by brick760
Feb 03, 2007 (9:07 am)
Reply

Replying to: Car_man (Jan 16, 2007 2:58 am)

Hi Car Man,
 
So what we should do is take the cash back from Infiniti, and go with a different leasing company, right? Here's the deal I have on the table. I think this guys is slow playing me. What do you think. I have excellent credit by the way.
 
Loaded 2007 4WD
MSRP $ 56,880.00 Your CAP . COST $ 52,775.00
 
He says the best he can do for me is $ 775.00 a month, including tax and license. I got a better deal than this when I purchased my MB last year, which was actually about $ 8,000 dollars more.
 
Any info would be greatly appreciated. Thanks in advance!
#50 of 200
Re: Please Help, 2007 QX56 AWD [brick760] by brick760
Feb 03, 2007 (9:09 am)
Reply

Replying to: brick760 (Feb 03, 2007 9:07 am)

By the way, the terms for the lease were 15,000 miles a year, 39 months, 2500 down and $ 775.00 out the door per month.

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