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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
#333 of 395 EX35 lease numbers
by evguenir
Mar 03, 2011 (6:51 pm)
Car man, could you let me know the residual and money factor on a 2011 EX35 Base AWD for 12,000 miles/year and 36 months? Thank you
#334 of 395 Re: EX35 lease numbers [evguenir]
by Car_man HOST
Mar 09, 2011 (6:16 pm)
Hi evguenir. Infiniti Financial Services' March buy rate lease money factor and residual value for a 36 month lease of a 2011 EX35 Base AWD with 12,000 miles per year are .00141 and 62%, respectively for consumers who qualify for its top credit tier.
Car_man
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#335 of 395 Re: EX35 lease numbers [Car_man]
by kinsale
Mar 13, 2011 (2:11 pm)
Hi Car_man
Can you tell me what the 24 month lease numbers are for 2011 EX35 AWD Journey? 12000 and 15000 miles.
Thanks
kinsale
#336 of 395 Re: EX35 lease numbers [kinsale]
by Car_man HOST
Mar 16, 2011 (5:06 pm)
Hi kinsale. Infiniti Financial Services' buy rate lease money factor and residual value for a 24 month lease of a 2011 EX35 AWD Journey with 15,000 miles per year are .00145 and 65%, respectively for consumers who qualify for its top credit tier.
I believe that the residual value for a lease with only 12,000 miles per year are 2% higher.
Car_man
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#337 of 395 Prices from Consumber Reports shopping
by jonnnyd
Mar 20, 2011 (9:06 am)
I just received 3 prices with a Zag guarantee via Consumer Reports on a new 2011 Infiniti EX journey with AWD. MSRP is $39,025. The 3 guaranteed prices from different dealers are $33,116; $33,416 and $33,916. Obviously these are great prices but I'm concerned about dealing with a dealer 150-200 miles away, and getting a good lease deal. I know what I want to pay for a lease and using the Money Factors shown on this blog it looks like I should be able to achieve my goal of under $400/month with no upfront money. Sales tax where is live is 8%. What should I be aware of as these sales people start calling me? Thanks,
#338 of 395 Re: Infiniti EX35 Lease Questions [kyfdx]
by tpw58
Mar 31, 2011 (12:58 am)
I have a new lease on a 2011 infinity EX. I do not like the vehicle, what does it cost to terminate a lease early, in this case real early? Am I locked into the 39 months? Must I keep the vehicle one year?
#339 of 395 Re: EX35 lease numbers [Car_man]
by gregdole7
Mar 31, 2011 (10:28 am)
Carman,
Can you please provide the March IFS number for:
Infiniti EX35 Journey
24 month and 36 month
15k per year.
Thanks
Greg
#340 of 395 Re: Infiniti EX35 Lease Questions [tpw58]
by momo68
Apr 02, 2011 (8:24 pm)
It would be cheaper to do swap a lease & have someone take over the lease payments. The leasing company would transfer the lease to the person taking over the lease.
#341 of 395 Re: Infiniti EX35 Lease Questions [tpw58]
by topgun7
Apr 03, 2011 (12:05 am)
I have a new lease on a 2011 infinity EX. I do not like the vehicle, what does it cost to terminate a lease early, in this case real early? Am I locked into the 39 months? Must I keep the vehicle one year?
I think you have two choices and both of them are going to be costly.
Your first choice is to have someone take over your lease. A couple problems with this approach: 1) Infiniti financial will have to approve the lease transsfer and a lot of time they will make it very hard to do the transfer (the credit rating of the one who take over the lease may need to be better than your etc. etc.). 2) And this one is a killer. Why would someone want to take over your lease and not getting a new one? People who take over lease generally are the type of bargain hunters that looking for a good bargain (otherwise, they may as well go get a new EX themselve and pick their own color and equipment knowing that the car is new).. So either your lease is really good (i.e you negotiated a killer deal and the monthly payment is really low) or you have to make the deal great (i.e. you throw your own incentive money to the pot and make it worthwhile for someone to take it over).. An then there is that little problem of what if the guy default down the line.. Different maufacturer has different rule and you will have to check with Infiniti. Some manufacturer make the first lease holder responsible for any loss while other just write it off... Either way, it can take a while for you to get rid of the car.. Just look at how many cars in site like swapalease is being advertised and how many are successful (some cars has been listed in the site forever...)..
The second choice is to call Infiniti Financial to see what is the payoff amount of the car. Essentially that is the price that they will sell you the car.. Once you find that out, you can find a seller through craigslist etc to see if you can sell the car at least equal or above that price.. Given how new the EX is, you are competiting with the new car dealer, so you will have to make it worthwhile for someone to buy a cars that is driven and in a color/equipment combo that they may or may not like. So you may not be able to sell the EX at the price that Infiniti want to charge you and you will have the bring money to infiniti to terminate the lease.. you can also try to trade in your car when you get a new one or sell your car to infiniti dealer. But the dealer that work with you will go throug the same process (i.e. finding out the payoff amount from Infiniti financial and talk to their used car manager to see if they can offer you that amount. And the car will have to enough of a bargain to worth their while).
Either way, it is going to be quite a bit of work and depending how good a deal you struck when you leased the EX, you may or may not need to come up wth any money.. We did a similar thing with our 08 Lexus LS460 (it has 24K miles on it and the payoff is about 40k) and we sold the car to the highest bidding Lexus dealer (wife called 7 dealers, 3 responded and bid on the car) and we walk off the lease without any additional money. But at the time we lease the car, we got the car 16K below MSRP.
#342 of 395 Re: EX35 lease numbers [gregdole7]
by Car_man HOST
Apr 03, 2011 (3:35 pm)
I'd be happy to help you out Greg. Infiniti Financial Services' April buy rate lease money factor and residual value for a 24 month lease of a 2011 EX35 Journey AWD with 15,000 miles per year are .00143 and 67%, respectively.
The numbers for an otherwise identical 36 month lease are .00168 and 60%.
Car_man
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