391 messages,
Last post on Mar 25, 2013 at 4:00 PM
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Infiniti EX35, Car Buying, Car Leasing, Wagon, SUV
#255 of 391 Re: Feb. Leasing Numbers [waltaz]
by Car_man HOST
Feb 09, 2010 (4:30 am)
Here you go, Walt. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 EX35 Journey RWD with 15,000 miles per year are .00121 and 54%, respectively. The numbers for an otherwise identical 39 month lease are .00122 and 53%.
IFS' numbers for a 36 month lease of an '09 EX35 Journey AWD are .00137 and 55%. The 39 month numbers are .00138 and 54%.
Car_man
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#256 of 391 Re: Good Deal? [aandclaw]
by Car_man HOST
Feb 09, 2010 (4:45 am)
Hi aandclaw. The vehicle that you're interested in has a spread of around $3,000 between its full MSRP and dealer invoice price. That means that the selling price that you were quoted is only a couple hundred dollars over invoice, which is a very good deal.
Just make sure that the dealer is using Infiniti Financial Services' current 39-month buy rate lease money factor of .00138 to calculate your payment and you're in business.
Car_man
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#257 of 391 First attempt at a deal
by sufan
Feb 15, 2010 (5:04 pm)
Hi. I stopped by the local dealer and asked the sales person to e-mail me a quote. Here is what I got as a starting point on a AWD Journey for 39 months and 12k per year:
MSRP $40,555 (includes "complimentary" navigation and Bose upgrade with all around camera
$2150).
Selling Price - $39,490
Residual - 55% or $22,305.25
Money Factor - .00138
Up Front Money - $2,896 which includes tax, DMV, Gov fees, and Bank fee, first payment
Monthly Payment - $525.91
I am on the fence on this car - haven't even test drove it yet. Can anyone confirm my "inititial deal"? Obviously there seems to be some room to go lower for the selling price but what would be a reasonable price? Also, anyone know what the "Gov Fee" is? I am assuming they mean government fees but what is that all about? Also, I'd prefer 36 months vs 39 so how would that affect the deal?
Thanks for any insight.
#258 of 391 Re: First attempt at a deal [sufan]
by jayrider
Feb 15, 2010 (5:11 pm)
Folks are getting 4-5k off msrp. That would change your lease rates by about $30 per thousand less. You should be offered no more that 36k on the cap cost.--Maybe 1-2k less.
#259 of 391 Re: First attempt at a deal [jayrider]
by sufan
Feb 15, 2010 (6:43 pm)
Thanks Jayrider that should be a big help in negotiating a final price. My other question is does anyone have any experience with this car in snow? I live in one of the most snowiest cities in the country. I used to be a jeep owner but like the idea of having a "sports" car with some four wheel drive capability if it can really handle the snow.
#260 of 391 Re: First attempt at a deal [sufan]
by jmess
Feb 16, 2010 (8:21 am)
My EX 2wd does really well in the snow and ice with Michelin Xi2 snow tires. So AWD with snow tires would give you even more initial traction but of course it doesn't do anything to help with braking on the slick stuff.
#261 of 391 Re: First attempt at a deal [jayrider]
by kinsale
Feb 16, 2010 (11:31 am)
That would make the lease close to $410. Is this possible?? That would be amazing if true!
#262 of 391 Re: First attempt at a deal [sufan]
by sufan
Feb 20, 2010 (10:55 am)
Well I took a test drive and told them I wanted a better discount off the selling price. The sales manager said he can't do any better on a lease but could give me another $2,500 on a purchase. I walked out. Guess I could try a dealer in another city or just get something else.
#263 of 391 Re: First attempt at a deal [sufan]
by flashzoom
Feb 20, 2010 (10:19 pm)
Sufan,
ok..if you are looking for the Journey AWD + navi & avm
selling price will be around $34000 + TTL
if you can go lower that will be great
but that's the fair price. try to use that set your guideline.
#264 of 391 February MF and Residual Rate Request
by jmmsumru
Feb 25, 2010 (12:21 pm)
I'm looking for the MF and Residual Rate for a 2010 AWD Journey for a 24 month lease at either 10 or 12K per year. Also, is the only deal currently available for return customers ($500 cash), I'm going to be turning in my 2008 EX soon? Thanks!