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Infiniti QX56 Lease Questions

200 messages,  Last post on Nov 17, 2009 at 2:49 AM

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

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#78 of 200 QX 56 Lease October 8th by udman2 Oct 08, 2007 (3:34 pm)
I would appreciate what the current buy rate on the money factor is from Infiniti. My dealer is quoting me a .00299 money factor (7.176% IR) which seems high to me. I am looking at a program where they waive up to 5 months of payments on a current lease (ours expires in Feb) so this seems to save some money. Any advice? My Credit Union purchase rate is 5.25%. Replies to this message: milken (Oct 09, 2007 11:41 am) Car_man (Oct 10, 2007 2:10 am) oh3754 (Dec 05, 2007 1:53 pm) Car_man (Oct 10, 2007 2:06 am) udman2 (Oct 10, 2007 6:25 am) Car_man (Nov 21, 2007 2:17 am)
#79 of 200 Re: QX 56 Lease October 8th [udman2] by milken Oct 09, 2007 (11:41 am)
Replying to: udman2 (Oct 08, 2007 3:34 pm) I am currently negotiating a 36mo 15k/yr lease and have been offered as low as 2.06 (0.00206) - not sure if that is the buy rate though - residual is 55% for 2wd - at least this can give you a starting point until the host can respond. Replies to this message: Car_man (Oct 10, 2007 2:10 am) oh3754 (Dec 05, 2007 1:53 pm)
#82 of 200 Re: QX 56 Lease October 8th [udman2] by Car_man HOST Oct 10, 2007 (2:06 am)
Replying to: udman2 (Oct 08, 2007 3:34 pm) Hi udman2. The .00299 money factor sounds high to me as well. You never mentioned if you are interested in a 2007 or a 2008 model, so I will provide you with information on both models' lease programs. Infiniti Financial Services' current 36 month buy rate lease money factor for the 2007 QX56 AWD is .00285. The numbers for an otherwise identical lease of a 2008 QX56 AWD is .00164. As you can see, the money factor for the '08 model is much better. This is because Infiniti is no longer providing lease support on the '07 model. That's the bad news if you want a leftover QX56. The good news is that this lack of lease support means that you can use the $5,000 dealer cash that is currently available on the '07 model to negotiate an attractive capitalized cost for your lease.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: udman2 (Oct 10, 2007 6:25 am) Car_man (Nov 21, 2007 2:17 am)
#83 of 200 Re: QX 56 Lease October 8th [milken] by Car_man HOST Oct 10, 2007 (2:10 am)
Replying to: milken (Oct 09, 2007 11:41 am) Hey milken. 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 .00206 and 55%, respectively. As you can see, this is right in line with the numbers that you were quoted.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: oh3754 (Dec 05, 2007 1:53 pm)
#84 of 200 Re: QX 56 Lease October 8th [Car_man] by udman2 Oct 10, 2007 (6:25 am)
Replying to: Car_man (Oct 10, 2007 2:06 am) Thank you Car Man.   Do you know what the buy rate lease money factor is on a 2008 QX56 2WD?   Thanks. Replies to this message: Car_man (Nov 21, 2007 2:17 am)
#85 of 200 QX56 LEASE NOV 4 by willweston Nov 04, 2007 (4:57 am)
I am being quoted $700/mo for a lease on the following: - 2008 QX56 4WD, all options, MSRP $59,095 w/ LoJack - $6600 Out of Pocket including TT&L and 1st payment - 39mo, 15K Miles   Does this sound in line for the kind money I am putting upfront? Replies to this message: Car_man (Nov 21, 2007 2:22 am)
#86 of 200 Re: QX 56 Lease October 8th [udman2] by Car_man HOST Nov 21, 2007 (2:17 am)
Replying to: udman2 (Oct 10, 2007 6:25 am) No problem, udman2. Infiniti Financial Services' current buy rate lease money factor for a 36 month lease of a 2008 Infiniti QX56 2WD is .00188.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#87 of 200 Re: QX56 LEASE NOV 4 [willweston] by Car_man HOST Nov 21, 2007 (2:22 am)
Replying to: willweston (Nov 04, 2007 4:57 am) Yes, willweston, $6,000 is way too much money to pay at lease signing. I always advise consumers not to make large down payments on leases. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though your monthly payment will be higher, you would be better off leasing without making any capitalized cost reduction. If you go with a zero down lease, all you would have to pay at lease signing would be your truck's first month's payment, Infiniti Financial Services' $595 acquisition fee, a security deposit that's equivalent to your monthly payment rounded up to the nearest $25 or $50 increment, and any required state taxes or fees. This will amount to a lot less than six grand.   You never mentioned the selling price of the QX56 that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of the vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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