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Last post on Jun 17, 2013 at 2:57 AM
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Infiniti EX35, Car Buying, Car Leasing, Wagon, SUV
Aug 15, 2010 (8:10 pm)
Flew out to Minneapolis from Los Angeles to help my 76 year old mother lease a 2010 EX35 AWD Journey with no navigation or premium package. 10,000 miles per year. There are only 2 Infiniti dealerships in Minneapolis/ St Paul area--one in Golden Valley and the other in Bloomington..
Leased at Lupient in Golden Valley for $3,000 out the door and 38 payments of $453 Did I get a good deal or should it have been lower?.
Golden Valley dealership says they also put on wheel locks, sealant on the car and rubber all weather mats for the snow (adds $800 to cost) and Bloomington does none of that. Did I do ok in negotiating?
#313 of 395 2010 ex35 awd journey
by hooch7
Sep 01, 2010 (6:34 am)
Hi Carman,
Can you post the current residual and money factor for the 2010 ex35 awd journey for 36 months, 12k and 15k miles.
Thanks so much!
Sep 10, 2010 (10:54 am)
CarMan can you give us the MF and RV on the 2010 EX35 AWD and Journey too for September? Thanks!
Sep 10, 2010 (11:29 am)
Oops, Car man! Sept. RV and MF for 2010 AWD EX35 with and without Journey, 12k and 15k. And any other info.
Thanks again.
#316 of 395 ex35 AWD journey
by mixwell
Sep 11, 2010 (12:35 pm)
so, test drove today and was actually very impressed. Fast, smooth, quiet, elegant inside. I'll take it! but first, let me know what you think . . .
EX35 journey AWD
w/ all the techno goodies
39 month lease
MSRP $40,900
asking $37,000 (roughly --> I don't remember the exact figure)
12K miles/yr
residual at 55%
money rate 4.4%
payments came to about $490/mos
I have a trade in that we agreed on $12,750 (and still owe $1400 that they are including in total). I will roll all this right into the first set of payments and then prorate the remaining payments.
payments now at $280/mos for 39 mos.
seems pretty fair to me. I think the asking price was about $600 over invoice.
any thoughts
#317 of 395 Re: ex35 AWD journey [mixwell]
by kingpcgeek
Sep 13, 2010 (11:15 am)
I would say anything over invoice on this horribly selling car it too much.
You should never put that much money down on a lease. Have them cut you a check for the trade and put it int he bank.
Perfect explanation from leasecompare.com:
Because you pay for the use of a vehicle during a lease, you should put as little money down as possible, up front. Although putting money down can lower your lease payments (by reducing your capitalized cost) in most cases it cannot be regained in the event of early termination due to a loss.
For example, a customer once leased a Toyota 4Runner and put $3,000 down as a cap reduction. Five months later the vehicle was totaled in an accident. The client's insurance paid its portion of the lease payoff and Gap Insurance paid the balance. Our client walked away with only paying his insurance deductible but he did not get reimbursed for his initial down payment of $3,000. It was lost.
The moral of this true story is to put as little money down as possible,ideally no money down. Here are some other things to consider:
- Take the money you would have put down (trade) and invest it
- Put your down payment (treade) in a savings account and use a portion each month to help make your lease payment
#318 of 395 Re: EX35 lease [carmelbythesea]
by gforce11
Sep 17, 2010 (9:10 am)
2010 INFINITI EX35 2WD
36-month | 15k miles | residual 54% | .00084 base money factor
2010 INFINITI EX35 2WD JOURNEY
36-month | 15k miles | residual 51% | .00084 base money factor
2010 INFINITI EX35 AWD
36-month | 15k miles | residual 55% | .00119 base money factor
2010 INFINITI EX35 AWD JOURNEY
36-month | 15k miles | residual 53% | .00119 base money factor
Add 2% to residual for 12k. 3% for 10k miles per year.
#319 of 395 Nov. Lease rates
by jenonry2
Nov 10, 2010 (1:29 pm)
Is Infiniti offering lease rates on the 2010 EX35 Journey AWD? If so 39 month and what would the residual and money factor be? Additional rebates? Thanks.
#320 of 395 Re: Nov. Lease rates [jenonry2]
by Car_man HOST
Nov 11, 2010 (6:54 pm)
Yes, jenonry2, Infiniti is still providing lease support on the 2010 EX. IFS' buy rate lease money factor and residual value for a 39 month lease of a '10 EX35 Journey AWD with 15,000 miles per year are .00087 and 51%, respectively for consumers who qualify for its top credit tier.
Infiniti is currently providing a $1,000 cash incentive that is compatible with this special lease program.
Car_man
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#321 of 395 Updated #s please...
by pmannymo
Dec 13, 2010 (4:31 am)
Car Man,
I am looking for the residual and money factor numbers on a 2011 EX35 Journey AWD with Touring and Premium (no Tech) for 15,000 miles a year for 36 or 39 months.
I really appreciate your help. Happy Holidays!