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Infiniti FX35 / FX50 Lease Questions

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  • stew24stew24 Posts: 28
    Wow, that sounds really appealing. One reservation though, ... The restyled 2008 FX won't likely be out by June of next year. So that means you'll have to get out, and wait for the '08 FX sometime later in the year, (Maybe even Jan. '08? ... The '03 FX had a Jan. '03 release I believe.), ... Re-commit to the one you have, or get into something else in the interim. Any thoughts?
  • deaniedeanie Posts: 172
    Hi:
    My salesman just offered me invoice + $650 before for an 06 FX35 AWD w/touring and hands-free options - I think should be less, maybe around invoice +/- a bit (the car has been on the lot only 3 weeks).

    Given current gas prices, the FX's decreased sales from 5/2005 to 5/2006, and the 07 coming out in 3-4 months, I'm thinking a rebate/incentive may be coming out within the next month or so. Should I wait? What are your thoughts on the price, rebate idea/etc? I posted in the leasing section b/c there's no action in any other thread.
    Regards,
    Deanie
  • atfryaratfryar Posts: 30
    Picked it up last night so it looks like I'm committed! I love it though. Despite the relentless rain we're getting here in New England, it's a blast to drive.

    I'm hearing that Infiniti may let you extend your lease if you hint that you're waiting to get another Inifiniti (like an 08'). If that's the case, and I like the 08's, then maybe I can extend my current lease until the new style comes out. We'll see what happens. In the meantime, I'm thrilled with my FX and equally as thrilled to no longer be driving my Saab...

    Last thing, my residual went up with the installation of Sirius (?) thus the additional savings in payment.
  • lanyinezlanyinez Posts: 1
    Hi Car_man,

    Can you please tell me if this is a good lease deal on a 2006 FX35 w/ Touring Pkg and DVD?

    Sticker Price $40,058.00
    Offer $37,398.25
    Lease Term 36
    Miles per yr 12000
    Out of pocket $2995.40
    Mthly pay $500.00 tx & gap ins included

    Thank You,
    lany :)
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here you go, Stew. If you were to lease a 2006 Infiniti FX35 AWD through Infiniti Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00141 and 56%, respectively. The numbers for an otherwise identical 39 month lease should be .00156 and 55%. the numbers for an otherwise identical 42 month lease should be .00210 and 52%.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi clif3. If you were to lease a 2006 Infiniti FX35 2WD through IFS right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00116 and 68%, respectively. The numbers for the other terms that you mentioned are as follows: .00154 / 56% for 36 months, .00185 / 55% for 39 months, .00219 / 53% for 42 months, and .00184 / 44% for 48 months.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    No problem, scanty. Infiniti is offering very attractive special 12 month leases on the 2006 FX35 AWD and G35 Coupe this month. I believe that the buy rate lease money factor and residual value associated with the FS's 12 month program are .00053 and 81% with 15,000 miles per year.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi Deanie. Even if Infiniti does offer dealer cash on the FX35 in the next month or two it probably will not be compatible with special leases through Infiniti Financial Services. Infiniti will probably increase its lease money factor support on the '06 FX at some point, but the fact that vehicles residual values gradually fall as the model year progresses will offset at least some of any potential enhancement.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi Lany. A base 2006 Infiniti FX35 AWD has a spread of a little over $3,100 between its full MSRP and dealer invoice prices. You are being given a discount of $2,660 on the model that you are interested in. This looks like a reasonable price to me. You may be able to get additional feedback on this price by visiting the following discussion: "Infiniti FX45 / FX35: Prices Paid & Buying Experience". Using the prices that you mentioned in your post, an MSRP of $40,058 and a selling price of $37,399, and Infiniti Financial Services' base lease program I estimate that this vehicle's 36 month, 12,000 mile per year, zero down, pre-tax monthly payment should be around $490. With this lease, all you would have to pay at lease signing are your vehicle's first month's payment, a $500 security deposit, and IFS' $550 acquisition fee. If you aren't making any sort of cap cost reduction for the lease that you posted info about, the payment is fine. If you are, just make sure that the dealer you are working with is using IFS' buy rate lease money factor of .00141 to calculate your FX's payment.

    Car_man
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  • scantyscanty Posts: 171
    Picked up the '06 FX35 AWD with touring, hands free, mud flaps and cargo mat last week. Diamond Graphite with Willow interior. I love this car! What a joy to drive.

    I did a 39/12k lease. With EVERYTHING rolled in the lease (acquisition, license, registration, security deposit waived - my only OTD was my first payment) I'm at $547, including 7.075% tax.

    For comparison, the 12 month lease payment was $527. I knew I wouldn't be ready to do this all again in a year, so I took the longer term.

    I didn't buy anything in the F&I office, but there was something that sounded interesting. It was a wheel & tire insurance plan. Up front cost of ~$350 will pay for repairs to damaged tires and wheels. I know what it costs to repair or replace a wheel so the cost of the plan seemed pretty reasonable. I keep my insurance deductible at $500, and wouldn't make a claim for something minor like that anyway. Opinions?

    Thanks again to the Car_Man for your help. :)
  • tomc1227tomc1227 Posts: 19
    Car_Man: I see information about great programs like the 12 month leases on the FX and G on the forums, but is there anywhere that this information is publicly available? I check ed Edmunds' rebates and incentives page for Infiniti, and it lists no lease deals right now.

    What I'm looking for is a place to see what special programs Infiniti FS (and other financing arms) have going on at any given time. Is there somewhere on Edmunds.com or elsewhere I can get this, other than trolling the Townhall leasing forums all the time?
  • jrzgirljrzgirl Posts: 3
    Just picked up a loaded ivory FX-35 - tech, touring, hands-free, dvd, cross bars, splash guards, cargo protector, tow hitch - all in a 12 month lease w/ 15000 mi. Beautiful wheat interior MSRP $48500 - my payments are $538/mo. Special $250 Customer Appreciation rebate lowered the payments to $514! Picked up the car yesterday - I love it!! It's a 12 month test drive - best case I get a brand new one in '07, worst case - I'm only committed for a year.
  • qbrozenqbrozen Posts: 16,895
    Did you have to put any money down? how much?

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '08 Town&Country

  • jrzgirljrzgirl Posts: 3
    No money down besides first payment, title, registration, fees, etc. It was a great deal!
  • qbrozenqbrozen Posts: 16,895
    but what did they charge for all that? What about a bank fee and/or inception fee?

    I'm just trying to get a handle on total cost for one year of renting a car.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '08 Town&Country

  • jrzgirljrzgirl Posts: 3
    I paid about $1500 out of pocket - taxes 425, reg 100, doc fees 170, acquistion fee 550, first payment 514 - then applied 250 rebate. My total cost for the year will be about $7200. I got a pretty great deal.
  • qbrozenqbrozen Posts: 16,895
    Ok. Thanks for the breakdown.

    My wife definitely wouldn't be on board for $600/mo, though. It's good considering the price of the vehicle, though, that's for sure.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '08 Town&Country

  • freshwaterfreshwater Posts: 36
    Tonight I just saw new Infiniti summer incentives on lease for Fx35. 499/24m. MSRP 39950, Does anyone know what are the money factor and residual.
    I am looking for 2006 FX35 AWD with premium package and handsfree. what should I strive for monthly payment.
    24/36 months, 12k.
    Is this new incentive any good. What it should add in monthly payment after adding the above options.
  • idaeusidaeus Posts: 1
    Hello Car_Man,

    I don't know if you can help on this but I am looking to get out of my lease. My wife and I just found out that we are expecting our 3rd baby. :) Anyway, I have a 05 FX35 with sport and touring that I pay 437.11 a month including tax. I still have 31 months left on my 39 month lease. Right now the payoff is 34,990 before tax and 37,750 after. I just hit 5,000 miles on the car and get 15,000 per year. I'm going to talk to the dealership Wednesday about what options I have. The 3 things that I am thinking about doing are selling the FX, trying SwapLease.com, or taking it and my 05 Nissan Quest SE(owe 27,500) to Nissan for a 07 model. You have no idea how hard it was to write that last part. Nevertheless it just doesn't make since to keep the FX when all I use it for is the 10 mile drive to work. Even if it's the best park of the day!

    Thanks for any help.
  • freshwaterfreshwater Posts: 36
    Car_man,

    What will the money factor for FX35/AWD/ Touring, handfree.
    MSRP 42050, The dealer is saying he will give me for invoice $38540. I am looking at the new Infiniti summer incentives till 7/5/06. 24 month 12k or 36 month 12/k.
    I need to decide by tommorow. What should be my monthly payments. There is a trade in involve but for now I am keeping it seprate.

    thanks.
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