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2014 Infiniti QX60 Lease Questions

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  • hercules00hercules00 Posts: 116

    @kyfdx@Edmunds said: .00104 MF and 58% residual for 39mo, 15K/yr lease

    The 36 month residual is 59%

    kyfdx

    As always, thanks for the info.

  • kyfdx%40Edmundskyfdx%40Edmunds Posts: 25,876

    Yup.. what @hercules00 said..

    Moderator - Prices Paid, Lease Questions, SUVs

  • zimme333zimme333 Posts: 10

    Thanks @hercules00 & @kyfdx@Edmunds!!!

  • hercules00hercules00 Posts: 116

    For all people looking to lease, Infiniti has $2250 cash incentive on purchases right now. When you factor that in alongside the rate you can get financed at and the effective rate you are paying for leasing, you are absolutely getting fleeced on the lease.

    Unless you are totally and thoroughly convinced that you will not keep the car at the end of the 3yr period and you can get close to the miles you paid for, consider financing. Yes, the lease payment are lower and you are selling residual risk but Infiniti is charging you a LOT for that.

  • I did an online quote and this is what the dealer came back with:

    10,000 miles. $3500 down, 39 months.

    2014 Infiniti QX60

    [B10] ROOF RAILS [B92] SPLASH GUARDS (COLOR-MATCHED SET OF 4) [B93] REAR BUMPER PROTECTOR [B94] ROOF RAIL CROSS BARS [F02] TECHNOLOGY PACKAGE [H01] THEATER PACKAGE [K01] DELUXE TOURING PACKAGE [L11] FLOOR MATS [M92] CARGO PACKAGE [N10] ILLUMINATED KICK PLATES [N11] ILLUMINATED KICK PLATES [P01] PREMIUM PACKAGE [P02] PREMIUM PLUS PACKAGE

    Selling Price : $56,750.00 Discount : $3,789.00 Adjusted Price : $52,961.00

    Total Purchase 52,961.00 Taxable Fees (Estimated) 454.00

    Trade Difference 52,961.00 MWTF 2.00 Doc Fee 699.00 Tax 150.48

    Non Tax Fees 135.50 Net Price 54,401.98 Trade Payoff
    Balance 54,401.98

    MONTHLY PAYMENT $587 plus tax

    Is this a good deal or do you think I can get my payments lower. Was hoping for the low 500's including tax?

  • Would appreciate any feedback/thoughts on a lease I just looked at:

    QX60 AWD with premium and premium plus packages plus a few minor add-ons (splash guard, bumper guard)

    Lease terms: Negotiated cap cost - 46100 39 month lease 12k/year 0.00104 MF Monthly payment of 520 1000 due at signing (first month payment plus all fees, no down payment)

    Thoughts? This seems pretty good to me but I'd be curious what others think

  • jhansla85- you can easily get another $1500 off in cap cost. For MSRP above 52k non-hybrid, you can easily get 5k off MSRP. Truecar in bay area indicates upto $7000+ off..and I got an offer for 52k MSRP at 47k including acquisition fee.

    bridgect007- I am in market looking for similar deal, I got a quote of $515 for 36 months with around $1000 due on signing for 36 months, 12k/yr. Avoid 39 month lease as you need to pay registration for full year on 36th month which is about $400 in CA. Make sure that Residual is 61% of MSRP.

  • evguenirevguenir Posts: 4

    Hi kyfdx, Could you give me Residual and MF for QX60 FWD, premium +, 12K/year, 36 months? Thank you

  • sdhlawsdhlaw Posts: 8

    Does anyone know if Infiniti has a multiple security deposit program to buy down the money factor ala Lexus?

  • kyfdx%40Edmundskyfdx%40Edmunds Posts: 25,876

    @evguenir said: Hi kyfdx, Could you give me Residual and MF for QX60 FWD, premium +, 12K/year, 36 months? Thank you

    .00102 MF and 59% residual... 39 month residual is 58%.

    Moderator - Prices Paid, Lease Questions, SUVs

  • kyfdx%40Edmundskyfdx%40Edmunds Posts: 25,876

    @sdhlaw said: Does anyone know if Infiniti has a multiple security deposit program to buy down the money factor ala Lexus?

    They do... each deposit lowers the money factor by .00010 and you can use up to 9 deposits, though the money factor cannot be below .00001. It's a great deal that I took advantage of on our 2011 G37X.

    Moderator - Prices Paid, Lease Questions, SUVs

  • sdhlawsdhlaw Posts: 8

    Thanks for the info kyfdx!

  • @kyfdx@edmunds, would you be so kind as to provide February's residual and money factor for the QX60 39 months and 10K miles? Do the residuals change with the various packages? Thanks again for all of your awesome info!

  • kyfdx%40Edmundskyfdx%40Edmunds Posts: 25,876

    The only differences on the QX60 are AWD or FWD.

    AWD: .00104 MF and 60% residual

    FWD: .00102 MF and 59% residual

    Moderator - Prices Paid, Lease Questions, SUVs

  • pcrispypcrispy Posts: 10

    So is the 60% residual for 10k or 12k miles? We are looking at a AWD for 39 months and 12k miles. Completely loaded.

  • kyfdx%40Edmundskyfdx%40Edmunds Posts: 25,876

    @pcrispy said: So is the 60% residual for 10k or 12k miles? We are looking at a AWD for 39 months and 12k miles. Completely loaded.

    Those residuals were for 10K/yr, because that was the question that was asked. Subtract 1% from the residuals for 12K/yr leases.

    Moderator - Prices Paid, Lease Questions, SUVs

  • Finally picked up a lease in bay area.

    Package: AWD+ premium Plus+ Driver Assist. Terms : 36000 miles - 3 years Payment offer: 0 down + first month lease payment + registration +title.

    MSRP: 51555 Agreed vehicle value - 7.a in lease document = 47232 Acquisition fee -7.d in lease document = 700 Gross Capitalized Cost-7.r in lease document =47932 Residual - 6 in lease document = 31448.55 (61%)

    I took the Refundable Security Deposit option of 9 lease payments totaling $4500 which appears in 4.c of lease document and is returned after 3 years back to you from IFS. This reduced money factor to 0.00014 i.e $404 in rent charges across entire lease period or $12.21 per month. ( 5.f in lease document)

    Depreciation component: $16484.19 /36 = $457.89 Rent component: $404/36 = $ 12.21

    Lease payment = $470/month.

    Check it out guys, this is unbeatable package.

  • waddah0awaddah0a Posts: 11
    edited February 14

    Hi kyfdx, Would you please share the Feb/ 14 RV and MF in Indiana for QX60 AWD Hybrid and non-hybrid, for 36/39 months and 10k/12k miles. I know this is a lot!

  • @waddah0a said: Hi kyfdx, Would you please share the Feb/ 14 RV and MF in Indiana for QX60 AWD Hybrid and non-hybrid, for 36/39 months and 10k/12k miles. I know this is a lot!

    Non-Hybrid: .00104 MF and 61% for 36/12..

    Hybrid: .00107 MF and 59% for 36/12

    Add 1% for 10K/yr. Subtract 1% for 39 month term

    Moderator - Prices Paid, Lease Questions, SUVs

  • waddah0awaddah0a Posts: 11

    Thanks kyfdx!

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