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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

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


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#92 of 226
Re: ex 35 lease [chris001] by Car_man HOST
Feb 02, 2009 (3:21 am)
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Replying to: chris001 (Jan 28, 2009 6:03 am)

Hi chris001. Infiniti's official advertised lease payment for the 2008 EX35 is $399 per month for 39 months with $2,600 down and 10,000 miles per year. Having said this, manufacturers' official advertised payments usually leave a little meat on the bone so to speak so you should be able to beat that deal.
 
I haven't seen the specific advertised lease that you mentioned in your post, but I would be happy to work up the lowest possible lease payment that I can envision on the exact model that you want for you if you'd like. I just need you to provide me with its MSRP and dealer invoice price. You can find that information over in the New Vehicle Pricing section of Edmunds.com. Let me know what these numbers are and I'll run some calculations for you.
 
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Prices Paid: Buying & Leasing Experiences Forum
#93 of 226
ex 35 msrp by chris001
Feb 04, 2009 (6:52 am)
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Hi car man, thanks for the reply , i am looking at the base ex35 which is around 31,900? thanks chris 001
#94 of 226
Re: ex 35 msrp [chris001] by Car_man HOST
Feb 06, 2009 (4:00 am)
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Replying to: chris001 (Feb 04, 2009 6:52 am)

You're welcome, chris001. OK, so the EX35 that you are interested in has an MSRP of Is $31,900. This vehicle likely has a spread of around $2,600 between its dealer invoice price and its full MSRP. Add to that the $500 cash incentive that is available on this model and you have a total of around $3,100 to play with. Let's say that you were able to negotiate a $2,600 dealer discount on this car, putting you at around $500 over invoice.
 
According to my calculations, if you were to lease a base 2009 Infiniti EX35 that has an MSRP of $31,900 and a selling price of $29,300 through Infiniti Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $354.
 
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Prices Paid: Buying & Leasing Experiences Forum
#95 of 226
ex35 msrp by chris001
Feb 06, 2009 (4:55 am)
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thanks car man for your info , the monthly payment is right around where i need to be ,if i can negotiate the mileage to around 18k i might be able to make a deal
thanks for all your help, maybe by the end of the month or beginning of march i will be in the new ride !
#96 of 226
Re: ex35 msrp [chris001] by Car_man HOST
Feb 09, 2009 (2:36 am)
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Replying to: chris001 (Feb 06, 2009 4:55 am)

No problem, chris001. Good luck and make sure to stop back and let us all know how everything turns out.
 
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Prices Paid: Buying & Leasing Experiences Forum
#97 of 226
Lease a 2008 EX35 by rtandon87
Feb 09, 2009 (3:16 pm)
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I am looking to lease a 2008 EX35 AWD with Premium and Navigation Package. Edmunds.com tells me that the MSRP of the car is 42,015 and the invoice is 38,451. I am going to go see the dealer next week. Just wondering what is the best price that I can shoot for... maybe a 36 or 39 month lease with 12,000/15,000 miles...
#98 of 226
Infiniti EX Lease by TBen
Feb 17, 2009 (3:22 pm)
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I'm looking to lease an '08 Infiniti EX Journey RWD with Nav/Prem Packages and wood trim. The Edmunds listed MSRP is $41,065 and invoice is $37,556. I'm looking to put no more than $3K down on a 36 or 39 mo. lease w/ 12K miles/year. What do you think a good payment would be, considering there aren't any listed dealer incentives at this time? I spoke to a dealer earlier this week, and they quoted a really low residual value (48%) which worries me. Any insight you could provide on a fair deal would be appreciated!
#99 of 226
Re: Infiniti EX Lease [TBen] by kingpcgeek
Feb 18, 2009 (8:07 am)
Reply

Replying to: TBen (Feb 17, 2009 3:22 pm)

Any leasing expert will tell you do not do a cap cost reduction (your $3,000 down). You risk losing some or all of your cap reduction as soon as your drive off the lot if your car is totaled or stolen. Insurance companies only pay for the market value of a lost or stolen car, and the depreciation starts as soon as the tires hit the road with you behind the wheel.
 
If you are worried about higher payments take the money that you would have put down to cut the payment in a higher interest savings account. If and when you need to make a lower car payment take some of the money out of savings to help with the payment.
 
48% residual for a car that has been out for a year and has next to no demand based on their sales figures of the car is not out of line. In fact they are probably inflating the residual.
#100 of 226
Re: Lease a 2008 EX35 [rtandon87] by Car_man HOST
Feb 25, 2009 (4:09 am)
Reply

Replying to: rtandon87 (Feb 09, 2009 3:16 pm)

Hi rtandon87. Let's work up a sample lease payment on this vehicle for you and see what we come up with. According to my calculations, if you were to lease a 2008 Infiniti EX35 AWD that has an MSRP of $42,015 and a selling price of $38,451 (this is dealer invoice, but it is really equivalent to $500 over invoice once the bonus cash is taken into account) through Infiniti Financial Services right now for 36 months with 15,000 miles per year, your zero down , pre-tax monthly payment should be around $462. This drops to $450 if you go with 12,000 miles per year. the numbers for an otherwise identical 39 month lease are $437 with 15k and $426 with 12k.
 
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#101 of 226
Re: Infiniti EX Lease [TBen] by Car_man HOST
Feb 25, 2009 (4:14 am)
Reply

Replying to: TBen (Feb 17, 2009 3:22 pm)

Hi TBen. Let's crunch some numbers for you and see what sort of a payment we come up with. According to my calculations, if you were to lease a 2008 Infiniti EX35 RWD that has an MSRP of $41,065 and a selling price of $37,556 ($500 over invoice after the bonus cash is taken into account) through Infiniti Financial Services' right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment would be around $451. The payment for an otherwise identical 39 month lease would be around $427.
 
As King mentioned in the previous post, it is not a good idea to make a $3,000 capitalized cost reduction on a lease.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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