Last post on Nov 23, 2013 at 10:05 PM
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Infiniti JX, Car Buying, Car Leasing, SUV
#148 of 397 Infiniti JX Lease Question
Dec 14, 2012 (7:46 am)
We have never leased a vehicle before but are going to lease our next one. This is the price I was quoted and wondering if its a good deal or not.
2013 Infiniti JX AWD MSRP 57,105
adjusted sales price 53,200
trade value 22,500
trade difference 30,700
trade balance 17,100 (5400 to the positive)
doc fee 75
license fee 630
capitalized inception fee 936.16
pride adjustment 5400
total cap cost 48,736.16
39 month 15,000 lease quoted $546.05 a month with $1251.05 due at delivery for 1st payment and registration fees
Residual percentage 0.57 and money factor lease rate 0.00146
#149 of 397 Year end clearance?
Dec 15, 2012 (7:39 am)
I've waited it from November into December and haven't seen a price shift as I was hoping for. I'm ready to lease my car. Does anyone have a view if I wait 2 more weeks and hit the last week of december which is month end and year end for car dealers ?
#150 of 397 just bought our JX
Dec 15, 2012 (10:34 am)
we just purchased our JX AWD with premium, maple accents, driver assist, theater and a few extras (mud flaps, some door/trunk lighted accents) and we couldn't be happier with the vehicle (coming off of a 2010 X5 lease).
here is a quick summary of what we paid:
- Savings ($4600 off of MSRP)
- Lease (36mo, 12kmiles)
- MF: 0.00126
- Payment: $606/mo with Taxes included (8.5%)
thx everyone in the edmunds community for sharing all of your experiences - they really help in negotiating the best deal.
for anyone on the fence - our experience w/the vehicle for the past 24hrs has only reinforced our decision to buy the JX vs the stale alternatives. The driver assist package is well worth it and the entire vehicle is easy to operate and drives great. We loved our X5 but are happiest yet w/the JX and how it was clearly built to suit a familys needs (translation - our car seat fits, there is plenty of legroom so no kids kicking the back of the seat and you can actually use the 3rd row).
#151 of 397 Re: just bought our JX [jjansen]
Dec 15, 2012 (1:33 pm)
Nice deal jjansen, congrats on your new car. I am in White Plains, New York, where the tax is 8.375. So I know how difficult it is to get a low monthly with high taxes. I've also been quoted higher monthly numbers for a 36 month lease than a 39 month one, so your deal seems more impressive to me. If you leased in the NY area would you mind sharing where you got the deal.
#152 of 397 Re: JX lease info [Car_man]
Dec 16, 2012 (9:21 pm)
Hi Car_man (and everyone else),
I stumbled across this forum today and am glad I did. We are preparing to purchase a 2013 JX35 AWD with MSRP $50,445 (Premium Package, Theater Package, Roof Rails and Illuminated Kick Plates). As of now, the dealer is offering the following:
1. Savings of only $1,750
2. Money factor of .00173
3. Residual of 59%
From what I've read here, it seems that the residual is about right, but I should be able to negotiate savings in the neighborhood of $4,000+, with MF of .00126. Do you agree, or has that become outdated over the last couple of days (seems unlikely)?
Anyone else been able to do better than this recently?
I've started talking to other dealers again who seem to be able to do much better.
#153 of 397 Re: Year end clearance? [mistersc]
Dec 20, 2012 (10:17 am)
Deals are as good as they are going to get for 2013.
#154 of 397 Re: JX lease info [beachbums12]
Dec 20, 2012 (10:20 am)
Money factor is credit driven...if you haven't submitted an application to IFS, then any rate quoted is an estimation.
As for price...supply and demand in your area - some dealers are having problems keeping the JX in stock and in some they are not moving as fast. Anyone getting $4k off is basically getting it at invoice, so the dealer probably stinks and has trouble moving vehicles....
Residual is determined by two things...term and miles.
#155 of 397 JX 24 month 12k update
Dec 21, 2012 (7:22 pm)
Are there updated figures for 24 month x 12k leases? Also is there any such thing as a 10k lease, or is 12k the lowest mileage one can normally make a deal on?
#156 of 397 JX AWD Lease Offer
Dec 22, 2012 (2:51 pm)
Here is the lease deal I was offered on a JX AWD, premium, theater, driver assistance, maple accents, illuminated kick plates:
MSRP - 53,055
Sale price - 47,782
money factor - .00126
Residual - 57%
$0 down; 15,000 miles/year
payment - $639 (inclusive of taxes).
Is that a good deal?
#157 of 397 Re: JX lease info [beachbums12]
Dec 30, 2012 (7:47 am)
Welcome BeachBums. The JX that you're interested in probably has a spread of around $3,900 or so between its full MSRP and its dealer invoice price. A $1,750 discount puts you at around $2,150 or so over invoice. I realize that this is a relatively new model, but I personally would want a larger discount than that if I was in an area that had a decent level of competition. There's enough really nice SUVs out there in this category that I couldn't see spending more for a JX than something comparable.
Also, the money factor that you were quoted looks high. Infiniti Financial Services' current buy rate for a 36-month lease of this truck is only .00124 for consumers who qualify for its top credit tier.
I think that you can do better than this. Try shopping around some more.
Prices Paid: Buying & Leasing Experiences Forum