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Infiniti EX35 Lease Questions

391 messages,  Last post on Mar 25, 2013 at 4:00 PM

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What is this discussion about? Infiniti EX35, Car Buying, Car Leasing, Wagon, SUV

Messages Page 25 of 40

#233 of 391 Jan 2010 Leasing MF and Residuals for EX35 by waltaz

Jan 05, 2010 (3:31 pm)

Hey all,
 
I have an '08 EX35, and my 24-month lease comes up in March. I love the vehicle, and am looking at leasing a 2010 EX. I'll do Journey with Nav, but not the funky technology package.
 
What are the current incentives, money factors and residuals that Infiniti is offering for Jan on the 2010's? I may do it this month, rather than wait, if I can get a deal.
 
Thanks much!

#234 of 391 Re: Better in December [mftmrt] by Car_man HOST

Jan 07, 2010 (4:47 am)

Replying to: mftmrt (Dec 13, 2009 10:52 pm)
Hi mftmrt. Here's the details of Infiniti's new January lease program for you.
 
Infiniti Financial Services' current buy rate lease money factor and residual value for a 39 month lease of a 2010 EX35 Journey AWD with 10,000 miles per year are .00137 and 60%, respectively.
 
The numbers for a '10 Journey RWD are .00121 and 56%.
 
The money factor for the AWD version of this vehicle is worse because its residual values are two points higher than the RWD version's residuals. Higher resids means that Infiniti doesn't have to provide as much money factor support to achieve the target payment that it wants this model to have.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#235 of 391 Re: 2010 EX35 AWD Journey Premium Bose Navi Pkg [kc9] by Car_man HOST

Jan 07, 2010 (4:51 am)

Replying to: kc9 (Dec 30, 2009 1:30 pm)
Congratulations on getting your new EX, kc9. Thanks for taking the time to share the details of your lease with everyone. Real world examples like this are always helpful for people who are in the market for similar vehicles.
 
If you haven't already, make sure to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well.
 
Enjoy your new ride !
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#236 of 391 Re: Jan 2010 Leasing MF and Residuals for EX35 [waltaz] by Car_man HOST

Jan 07, 2010 (5:28 am)

Replying to: waltaz (Jan 05, 2010 3:31 pm)
Hi waltaz. The EX's lease program varies by trim level, term, and mileage allowance. For now, I will assume that you are interested in a 36 month lease of a 2010 EX35 AWD with 15,000 miles per year. Let me know if you want something different.
 
Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 EX35 AWD with 15,000 miles per year are .00137 and 58%, respectively.
 
The only cash incentive that Infiniti is currently providing on leases of this truck is $500 loyalty cash, that it sounds like you would qualify for.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#237 of 391 A FEW TIPS ON LEASING by gordongordo

Jan 07, 2010 (8:17 am)

Even if the advertised cost of a lease stipulates that you will have to put down so much money --- usually with taxes and fees additional --- no leasing company I know of requires you to put down one dollar.
  
Instead, after you negotiate the sale price of the vehicle --- then consider the residual (60% for an EX-35 2010 10,000 mile vehicle now) and the money factor (interest, found by multiplying by 2400) --- you can decide to roll over all this negotiated price and fees and taxes into monthly payments.
  
I just did that with the leasing of an EX-35 at a tad above invoice, offered no money whatsoever --- not even first monthly payment---- and signed the lease for 36 months.
  
...
  
Even if you have a trade-in, you do not have to use that money to reduce the monthly payment UNLESS you want to.
  
....
  
I do have a tip: it's worth while to pay the price of wear-and-tear insurance --- which for 36 months and 10,000 miles cost about $830 --- unless you are certain your vehicle will be immaculate when you turn it in.
  
That insurance covers dings, small dents, and torn leather seats ---- the latter especially vulnerable if you have a dog and let it ride in the car. Otherwise you may face large arbitrary turn-in fees that far exceed the insurance cost. And that cost can also be rolled into the monthly fees. (Whether the insurance cost could be negotiated downward --- probably it could be --- is up to you.. Frankly, I've never understood why people buying a $35,000 - $45,000 or more vehicle fret over two or three hundred dollars . . . must be a matter of gamesmanship.)
  
....
  
Hope these tips help you. By the way, the new EX-35 is a superb vehicle, and my only quibble is that on the worn surfaces of California highways --- even if blacktopped over composite surfaces --- the road noise from the Michelin tires (17 inch) is fairly high.
  
I had the same trouble with a 2006 Acura MDX with Michelin off-road tires, and switching to Continental tires reduced the road noise by about 30% or so --- noticeably so in any case. That vehicle I bought though. The leased ex-35 is another matter, and I'll wait until 1000 miles or so our on the tires and see whether the new tracking is less noisy. (The ex-35 engine is slightly noisier than the MDX's, but is still decent on that score. And the wind noise is pretty low too, though not the noise from other cars in the lanes near you . . . anyway, as low on that count as I'd like. But all the other qualities of the car are what they have been touted to be . . . so far anyway.)
  
..
  
Michael

#238 of 391 Re: Jan 2010 Leasing MF and Residuals for EX35 [Car_man] by waltaz

Jan 07, 2010 (8:20 pm)

Replying to: Car_man (Jan 07, 2010 5:28 am)
Thanks Car_man...
 
What are the numbers for a 39-month lease (which they are pushing), and for the RWD version (we don't need AWD here in AZ)? Also, what is the decrease in residual to go with 18K or 20K miles per year?
 
Thanks again,
 
Walt

#239 of 391 Re: Jan 2010 Leasing MF and Residuals for EX35 [waltaz] by Car_man HOST

Jan 08, 2010 (3:54 am)

Replying to: waltaz (Jan 07, 2010 8:20 pm)
You're very welcome, Walt.
 
Ohhhh, why don't you just rub my face in the fact that you don't need AWD in your fancy warm place as I sit here and watch the snow come down out my window . I kid, I kid .
 
Infiniti Financial Services' current buy rate lease money factor and residual value for a 39-month lease of a 2010 EX35 RWD with 15,000 miles per year are .00122 and 55%, respectively.
 
15,000 miles per year is the highest mileage allowance that IFS publishes residuals for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
 
Good luck and let make sure to let us know how everything turns out.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#240 of 391 Re: Jan 2010 Leasing MF and Residuals for EX35 [Car_man] by jonas4

Jan 13, 2010 (12:54 pm)

Replying to: Car_man (Jan 07, 2010 5:28 am)
Car Man,
I bought a G37 last month and now the wife is looking at leasing an EX35. The dealer is telling me that the residual on an AWD Journey is 54% (15k, 39mos), claiming it is 4% less than on a non-Journey AWD. Is this correct, or is the dealer trying to recover some profit from the good deal I got last month for the G. Thanks.

#241 of 391 Re: Jan 2010 Leasing MF and Residuals for EX35 [jonas4] by jayrider

Jan 13, 2010 (1:56 pm)

Replying to: jonas4 (Jan 13, 2010 12:54 pm)
The higher priced journey depreciates more than the base because options like nav really tank at resale.

#242 of 391 Re: Jan 2010 Leasing MF and Residuals for EX35 [jayrider] by jonas4

Jan 14, 2010 (12:49 pm)

Replying to: jayrider (Jan 13, 2010 1:56 pm)
BUT, Car Man in post #234 gave the residual for an AWD Journey (39 mos, 10K) at 60%. Going to 15K shouldn't lower the residual 6%.

Messages Page 25 of 40

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