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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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#82 of 200
Re: QX 56 Lease October 8th [udman2] by Car_man HOST
Oct 10, 2007 (2:06 am)
Reply

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
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Prices Paid: Buying & Leasing Experiences Forum
#83 of 200
Re: QX 56 Lease October 8th [milken] by Car_man HOST
Oct 10, 2007 (2:10 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#84 of 200
Re: QX 56 Lease October 8th [Car_man] by udman2
Oct 10, 2007 (6:25 am)
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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.
#85 of 200
QX56 LEASE NOV 4 by willweston
Nov 04, 2007 (4:57 am)
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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?
#86 of 200
Re: QX 56 Lease October 8th [udman2] by Car_man HOST
Nov 21, 2007 (2:17 am)
Reply

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
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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)
Reply

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
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Prices Paid: Buying & Leasing Experiences Forum
#88 of 200
2008 QX56 Lease by albequerque
Dec 01, 2007 (12:47 pm)
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I have the following quote:
- 2008 QX56 4WD w/DVD
- MSRP = $57,960
- $2k upfront (1st month + license/fees)
- $848/month (before tax)
- Money factor = 0.00169
- 36 month lease
- Residual value = $28,148
- 17k miles/year
 
How does this quote look? Thanks.
#89 of 200
2008 QX Lease by jsmaz1
Dec 02, 2007 (9:13 pm)
Reply
Infiniti is offering their Limited Engagement and have a plan for $659/mo 39month lease for a 2008 QX56 with these specs:
MSRP: $57,865
Downpayment: $4,350
Net Cap Cost: $51, 263
Residual: $31,240.10
$595 acq fee
12,000 miles/yr
 
Doing my math, it would mean that they are really selling the vehicle for $55,613 (or $2,252 under MSRP). Edmunds.com has the invoice price at $53,189. My question is this: What are the chances that they would do the above lease but drop the downpayment cost to $1000 or so--which would mean getting the cost at invoice?
 
I recall Infiniti having spectacular deals on the QX56 several months ago---wondering if this will happen in December or early in the year. Can anyone comment?
#90 of 200
Re: QX 56 Lease October 8th [Car_man] by oh3754
Dec 05, 2007 (1:53 pm)
Reply

Replying to: Car_man (Oct 10, 2007 2:10 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."
 
I'm being offered a QX56 AWD w/ DVD with 36-month 15,000 miles per year at a money rate of .00177 and they are using a 53% residual value.
 
I'm buying under the Nissan Employee Purchase Plan (Plan "C") if it makes any difference.

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