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Infiniti JX Lease Questions

301 messages,  Last post on May 23, 2013 at 6:43 AM

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

    

Messages Page 7 of 31

#60 of 301 Limited Engagement Summer Event by wongkingfai

Aug 15, 2012 (7:48 am)

I am totally new to this and I am looking at leasing the AWD JX.
 
I saw this promotion Infiniti is running and was wondering if this is a deal I should jump on and what I should look out for in dealing with a lease.
 
$499 /month Lease for 39 months
$3,799 initial payment
2013 JX AWD with Premium Package
Excludes taxes, title, license and options. Retailer Participation Required. Offer ends 08/31/2012.
 
Fine Print:
Excl. taxes, title & lic. Retailer participation req. $3,799 INIT. PYMNT. REQ. AT CONSUMMATION (INCL. $3,300 CONSUMER DOWN PYMNT., $499 FIRST MONTH PYMNT). 2013 JX AWD with Premium Package subj. to avail. to well-qualified customers who lease through Nissan-Infiniti LT. Subj. to credit approval. MSRP $47,950 incl. dest. chrg. Net capitalized cost of $44,616 incl. a $700 non-refundable acq. fee. Retailer contribution may affect actual price set by retailer. Monthly pymnts. total $19,461. At lease end, purchase for $29,729 plus $300 purchase option fee (except KS & WI) plus tax, or pay excess wear & use plus $0.25/mile for mileage over 10,000 miles/year. Lessee is responsible for maint. and repairs. Disposition fee due at term. of lease. No security deposit req. See participating retailer for details. Offer ends 08/31/2012. Supplies of vehicle may be limited in some regional areas. Retailer inventory varies.
 
Thank you in advance.

#61 of 301 New Infiniti JX Offer by chipdavis

Aug 18, 2012 (9:00 pm)

Hi All,
 
I was just made an initial offer by a dealer and wanted to get some input. Here are the details for a LEASE...
 
- $42,900: Car price (Base package AWD plus a few extras)
- $7,000: Trade-in as down
- .00157: Money Factor
- 62% Residual of the MSRP ($26,976)
- 39: Lease term
- $439: Monthly payment
 
Thoughts? Does this seem like an okay deal? I'm having a hard time determining what's a good deal since this is a lease.
 
When leasing, how much more should I expect to pay over the negotiated car price if I purchase the car after the lease termination? I would pay a total of $51,097 if I purchase after the 39 months compared to the $42,900 car price. Is that about right for a lease? $51,097 = $17,121 (lease payments) + $7,000 (trade-in) + $26,976 (residual).
 
Thanks!

#62 of 301 Re: Limited Engagement Summer Event [wongkingfai] by Car_man HOST

Aug 27, 2012 (5:02 pm)

Replying to: wongkingfai (Aug 15, 2012 7:48 am)
Hi wongkingfai. This is Infiniti's nationally advertised lease for the JX. Savvy consumers who are in an area that has a decent level of competition are usually able to negotiate lower selling prices, and in-turn lower pre-tax monthly payments than the ones that are featured in manufacturers' ads.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#63 of 301 Lease info for JX35 with Tech package? by hazard02

Aug 30, 2012 (10:51 am)

Hi Car_man,
 
Do you know the money factor & residual for a 2013 JX35 AWD with Tech, Premium, and Theater packages?
 
I'm looking at a 39-month 12k miles lease
 
Thanks very much!

#64 of 301 Re: Marking up the lease money factor [humble226] by sewellgsm

Aug 31, 2012 (1:00 pm)

Replying to: humble226 (Aug 07, 2012 7:57 am)
There are 3 Sewell dealerships so not sure if you were at mine, but we do mark up the money factors in order to make gross profit. Marking it up .00021 is equivalent to marking it up a half point - IFS allows dealers to mark up the buy rate as much as .00083 (2 pts).
 
If your contact told you they were figuring your lease at one money factor but really figured it at another money factor - that is wrong (sleezy). However, if you just assumed they were using a different money factor - then you assumed wrong.
 
Our finance departments have overhead, employees, payroll taxes, % of the building cost - if they did not generate any income for the dealership then we would not and could not afford to employee them - who would get your lease set up? Who would handle getting all the paperwork and taxes paid with your local government - you the consumer? No...it is not "sleezy" to make gross profit in a business....even if they make a few hundred dollars on every deal - this does not ensure they will cover all expenses and make a NET PROFIT - which is our goal and the only way we get to keep our jobs. As in ALL businesses, including the ones you work at or your family members or your neighbors.
 
Please don't make us seem like the enemy for attempting to make a profit - if someone LIED to you - that is different and I apologize for my fellow associate.
 
If you think a dealership can NOT go out of business, check the recent history of Saab, Hummer, Mercury, Saturn, Pontiac....all those employees are or were out of work...they could not stay open because they could not make a profit.
 
Sorry for the soap box, but "sleezy"?? Come on...we have one of the best reputation in the entire industry.

#65 of 301 JX Lease by boozoo99

Sep 08, 2012 (5:22 am)

I have a lease deal on the table and wanted to get your opinion on it and see if there is anything more I should be asking for...
 
JX- White/Wheat combo
Premium Package/Touring Package/Theater/Tech Package
Price- $53k (I believe i need to get this down)
Residual 59%
Money Factor .00121
Down- $3400 including first payment (Tag and Title will be additional)
Payment- $600 (Tax included)
12k miles
39 months
 
Has anyone else priced a similar vehicle? Would love to hear your thoughts and what you are seeing.
 
Thanks!

#66 of 301 Re: Lease info for JX35 with Tech package? [hazard02] by Car_man HOST

Sep 09, 2012 (7:09 am)

Replying to: hazard02 (Aug 30, 2012 10:51 am)
Hi hazard02. Infiniti Financial Services' current buy rate lease money factor and residual value for a 39-month lease of a 2013 JX35 AWD with 12,000 miles per year are .00126 and 58%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#67 of 301 Re: Lease info for JX35 with Tech package? [Car_man] by gmsmith21

Sep 09, 2012 (7:57 am)

Replying to: Car_man (Sep 09, 2012 7:09 am)
Can anyone tell me the money factor and residual for:
 
JX AWD
36 month
15k/yr
Top Tier
 
and
 
JX AWD
39 month
15k/yr
Top Tier

#68 of 301 Re: Lease info for JX35 with Tech package? [gmsmith21] by Car_man HOST

Sep 09, 2012 (8:18 am)

Replying to: gmsmith21 (Sep 09, 2012 7:57 am)
How's this for a quick reply, gmsmith21 . Infiniti Financial Services' September buy rate lease money factor and residual value for a 36-month lease of a 2013 JX35 AWD with 15,000 miles per year are .00124 and 58%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical 39-month lease are .00126 and 57%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#69 of 301 Re: Lease info for JX35 with Tech package? [Car_man] by sjcj0709

Sep 11, 2012 (11:57 am)

Replying to: Car_man (Sep 09, 2012 8:18 am)
Car man, can you help me out on a money factor and residual value for a 39 month lease with 20k per year? I'm looking at a 2013 JX35 AWD with premium, tech, theatre, and deluxe touring. Thanks.

Messages Page 7 of 31

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