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Prices Paid: Buying & Leasing Experiences Infiniti EX35 Lease Questions
226 messages, Last post on Nov 26, 2009 at 7:10 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: vkj (Sep 24, 2008 8:41 am) |
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Got a quote for lease on 2008 EX35 Journey with Technology Package. MSRP: $43,965 3/yr lease with 12k miles per year for $543/month. $1,000 due at signing. 2 questions: 1. Is this a good deal? 2. If i were to wait a month - am I likely to get a better deal or worse? My current lease expires at the end of November and I am contemplating getting a new car a month early which will cost me a month's payment. |
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Replying to: superpf (Oct 14, 2008 6:40 am) My sister who know nothing about leasing (of course I don't either, thats why I am here with a question) just leased a Base EX35 AWD w/leather seats. Paid $2,600 at signing which included doc fees, title, registration, taxes, and first month payment. Monthly payment $359 for 38 months. I have no idea what the MSRP, money factor, or residual values were. I guess what I want to know is did she get screwed or was it an ok deal? Thanks!
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Replying to: carscars1 (Oct 14, 2008 7:35 am)
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Replying to: superpf (Oct 14, 2008 6:40 am) You need: Publicly Available Items MSRP Invoice Price Current Manufacturer Residual Current Manufacturer Lease Factor Items particular to your deal Selling price (in these car buying times you should be around invoice on most cars) Lease factor dealer is quoting you (dealers can mark this up) Dealer doc fees Local sales tax, and whether you pay up front or every month. Out of pocket money up front.
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Replying to: kingpcgeek (Oct 14, 2008 7:49 am) The deal I was quoted is based on MSRP $43965 and selling price of $34790. Where do I find Publicly Available Items MSRP Invoice Price Current Manufacturer Residual Current Manufacturer Lease Factor Thanks for your help
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Replying to: carscars1 (Oct 14, 2008 7:44 am) can you find out the money factor / residual on that lease? It should be in the paperwork... Thanks a lot |
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Replying to: superpf (Oct 14, 2008 8:46 am) Normally you could post a request the lease factors in the prices paid forum (here), but since the EX has nearly zero interest to the general public and has been a flop for Infiniti there isn't much activity here. I don't think the selling price you have there is a leasing price. I think that is a purchase price. If you buy there is $3000 dealer cash available, if you lease it is not. |
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Replying to: carscars1 (Oct 14, 2008 7:44 am) |
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I am working with a dealer in Upstate NY on a 2008 EX Lease Deal, vehicle is AWD Journey with Premium Package, Navigation, Wood Trim, Slash guards I have tried to fill in your requested information below - Publicly Available Items MSRP - $42,225 Invoice Price - $38,645 Current Manufacturer Residual - $21,534 Current Manufacturer Lease Factor - is this rate? - 0.010 Items particular to your deal Selling price (in these car buying times you should be around invoice on most cars) - $39,826 Lease factor dealer is quoting you (dealers can mark this up) - 0.010 Dealer doc fees - $45.00 Local sales tax, and whether you pay up front or every month. - $1654.47 Out of pocket money up front. Bank fee - 508.70, First Pay - $508.70 This was a 36 month, 10K per year deal at $508.70, residual was set at 51% I am certain I can do much better, just not sure how much, and how mfg support could affect this deal. Thank you. |
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