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Infiniti FX35 / FX50 Lease Questions

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  • Hi someguy1. If you were to lease a 2005 Infiniti FX35 AWD through Infiniti Financial Services in October for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00155 and 60%, respectively.

    Car_man
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  • rocco50rocco50 Posts: 21
    Hi Car man,

    For the FX35 AWD with the selling price of $38,000, how much money down would be reasonable to put down for the figures you calculated in order to get the monthly payment of $444 for 12,000 miles per year for 39 months ? I am assuming that the down payment would include tax, title, registration fees, and inception fees ? Please correct me if I am wrong or if somone already stated the down amount, I am new to leasing.

    I am being offered a lease for a 2005 Acura MDX base for $2,000 down, $400 /mo for 36 months, and if I can get the FX for the same or similar deal, I will take the FX!! :)
    How much down payment do I need to put down to get the FX at $400 a month?

    Thanks,
    Alex
  • Hey guys there is no reason you should be paying $449+ for a 39 month lease on the fx35 with an msrp of roughly $38k. I beat a somewhat local car dealer to piss today on a lease for an fx35. I got 10k mile lease $560 a month for 36 months. BLACK WITH BLACK INTERIOR Tech Package, Sport Package, Touring Package, NO REAR ENTERTAINMENT SYSTEM. Tax all included. They have trunk money, holdback money, and they have the money factor they all can squeeze cash out of. Just pressure your car dealer, the worst case scenario he says no and you either walk away or come back with a counter offer. It's your money, try and save as much of it as you can, don't feel bad for them. You dont need to buy the car they need to sell it. Oh and as for 39 month lease almost NEVER do it. Im guessing the 36 month lease must have been about $480 a month well figure this out.... $30 payment diff each month * 39 months =$1170.... Last three lease payments=$450 * 3= $1350. They are stealing an extra $180 from you by doing this. P.S. When your dealer says he can't find what color you are looking for with the options you want, just reply, "That's ok I'll go make a few phone calls myself." Haha boy that will surely get your car dealer moving!! Any questions? Feel free to ask.
  • rocco50rocco50 Posts: 21
    Today I got a quote for an FX35 with Touring Pkg, $37,100 sale price, $2500 down, $417/mo for 39 months. ...or, $3,128 down, $400 /mo for 39 months. What do you all think?
  • badadbadad Posts: 5
    I am also (soon to be) an ex-Audi owner. Looking to lease an FX35 AWD with sport and touring packages only. I know they've got a special lease on, but want to try out the following idea: If MSRP is $40,770 and sales price is $37,200 -- what would I typically be paying for a 39 month lease? A 42 month lease? I'd like to put the least amount down, but stil try to hold the pre-tax monthly below $450. Is that possible? I live in Southern California if that's a factor. Thanks.
  • rocco50rocco50 Posts: 21
    This is funny, I also happen to be a soon-to-be ex-Audi owner.. :)

    I've been dreaming of an SUV for my next car, almost settled on the Acura MDX, but the way the FX drives - its like a beast, and that roar is like a motorcycle! However, I do wish the seat were a little higher than it is, like in regular SUV's...

    badad, you should get a similar deal to mine then.

    I am wondering if I can get it less than for $37,100. Thats $1000 off MSRP already, but I've seen better deals on it a year ago from a dealership that was overstocked. So I figure at the end of the year there should be similar better deals. Otherwise I'm now considering getting it 1-year old to save some $$$.
  • badadbadad Posts: 5
    I like the looks (int and ext) of the FX35, but I'm having a difficult time getting hold of a 2005 AWD w/sport and tourning packages. Every dealer is pushing the RWD w/navi, and with the end of the model year, it's about all they've got. The FX35 handling is great, the sound is nice. I'm shifting to the SUV cause my kid is so tall (needs back seat and head room), but also cause he'll be learning to drive soon. An A6 4.2 with a sports suspension is just asking for trouble with a new driver. In the meantime, I'm checking out a 2005 Murano SE AWD. Little cheesey looking interior, but decent price and drives pretty good. Miss the "roar" of the FX35 exhaust, though. Thoughts?
  • Hi Alex. Have we discussed this lease before? I don't remember doing talking about leasing an FX35 with you. If not, I need you to provide me with its full MSRP (with the destination charge added in) in order to estimate what your lease payment should be. Technically down payments aka capitalized cost reductions are different from the amount that is due at lease signing. Down payments are used to reduce the amount financed for leases and lower their monthly payments. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your FX35 would be exactly the same, regardless of whether you had put several thousand dollars down, or had made absolutely no down payment at all. Even if you choose not to make a down payment, you will still have to pay money at lease signing. This money includes your vehicle's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 or $50 increment, Infiniti Financial Services' $550 acquisition fee, and any required state taxes or fees. This month Infiniti is waiving its security deposit requirement on this model, so at least you won't have to worry about that.

    Car_man
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  • Hey rocco50. You never mentioned the MSRP of the vehicle that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, it shows you how much of a discount you are being given on your vehicle. Without knowing this vehicle's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion on this deal if you let me know what this number is.

    Car_man
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  • Hello badad. Let's calculate a lease payment on the vehicle that you are interested in and see what we come up with. According to my calculations, if you were to lease a 2005 Infiniti FX35 AWD with an MSRP of $40,770 and a selling price of $37,200 through Infiniti Financial Services right now for 39 months with 15,000 miles per year, its zero down, pre-tax monthly payment should be around $429. Interestingly, the payment for an otherwise identical 42 month lease should be a less attractive $452 per month.

    Car_man
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  • badadbadad Posts: 5
    Thanks for the response, Car_man. When I posted, I was given the RWD, not AWD numbers, despite what they said. A little bait and switch at the dealership door. Anyway, the new numbers (from a different dealer, no doubt) are MSRP: $42070. Sale Price: $38450. The quote on a 39 month was $505, including tax (SoCal @ 8.25%). Didn't get the MF. This is for an AWD w/sport and touring packages. How is this price? Thanks in advance for your follow-up since I'm hoping to close a deal by tomorrow.
  • badadbadad Posts: 5
    Oh yeah... $1000 drive off, no security deposit.
  • hey badad a few things....im getting a 36 month lease with just bank fees down for $560 a month... see my previous post about 39 month leases just an absolute waste. I was a finance major in college and know all the tricks that these guys pull. A dollar now is worth more than a dollar later keep that in mind. Money in your pocket is better than money in their pocket upfront. So if you put down $1000 it saves you $1000 over the life of your lease in real money terms what will $1000 buy you 3 years from now? Not as much as $1000 could buy you right now. Best to have that extra $ in your pocket. If the dealer says he cant find the car you want he is lying. I know a black with graphite fx35 without the RES package is hard to find but shop around, the cars do exist. Once again it is your money, why let them have it instead of you? Like I said before, if the dealer says he cant find you that car, kindly reply, "That's ok, I'll start to make some phone calls here and search myself." He will either bust his [non-permissible content removed] and find you one or still say he cant find you one. In which case make calls on your own.
  • rocco you are paying entirely too much. I am paying $560 a month for 36 months. Car comes with touring, sport, and tech packages. Price also includes tax, only fee is the bank fee of $550. Just haggle the crap out of your car dealer ask to speak to the sales manager whatever it takes. Tell him that he is off on the lease numbers.. his number is too high. He isnt gonna shoot you his best deal righ toff the bat. It's always a game of high low. He wants you to pay high you wanna pay low. IT IS YOUR MONEY. And remember if you dont ask you dont get. If you want name your price, whats the worst he could say, no? If he does you could always counter-offer. Like I said, it's your money save as much of it as you can.
  • rocco50rocco50 Posts: 21
    Car man,

    The MSRP is $40,110, $3,128 due on delivery which includes $1,796 cap reduction, $33 tax, $349 license fees, $400 advance pmt, $550 bank fee at a rate (money factor?) of 1.500 for 39 months, 12K /year lease.

    I found a better deal, I think, advertized: - $0 down, $379 a month for 39 months for a 10K/year lease. So I approximate cash due on delivery will be $33 tax + $349 license fees, $379 first payment, $0 security deposit, $550 bank fee = $1311, but comparing this to the other poster's total due of a $1000, mine seems $311 too high.. This same ad that lists the lease also says that the msrp is 40,560 and that one can buy it for 35,999 or lease $379 zero down, so i am assuming that these are the same selling and MSRP prices that apply to the lease

    Do you think Infiniti will reinstate the security deposit next month? it will be sad to pay that extra $400 if I don't have to, but I don't think I will close the deal this month because I have yet to sell my audi first.

    The other option I am considering is to buy the 2004 fx used - seeing as they depreciate about $2000 a year? the way i look at it, if i sell it in 3 years I would have paid $2000 * 3 years = ~ $6000 for it, versus $380 * 36 (to make it three years) * 13680, so $7600 less over the time of three years. However I don't know if it makes sense because I still need to get financing for it..

    Thanks in advance,
    Alex
  • rocco50rocco50 Posts: 21
    I think I didn't mention that the 3,128 was the total amount due on delivery, not the cap reduction?
  • rocco50rocco50 Posts: 21
    badad,

    I am also checking out the murano sl awd, but the sl is nothing like the fx in terms of performance.. gas mileage, yes! :) i thought i had a good deal on the murano: $1000 total due on delivery, $365 / month, but then i found the infiniti deals for paractically the same cost.. maybe i should look for a better murano deal, but fx took my liking. the other choice is the Acura MDX.. One thing I don't like in the FX is that it doesn't sit as high as the murano or the MDX.
  • Can someone confirm whether exaudiowner is correct about 39 month leases being a waste. I was told by the salesman at Infiniti that going with 39 months absolutely saves you money -- and not just by stretching out your payments for another 3 months. I'm not sure what the salesman gains from lying about that -- maybe to make your car payments look lower. Any other opinions?
  • kyfdxkyfdx Posts: 27,650
    The 39 mo. vs. 36 mo. lease value is entirely dependent on the lease specifics...

    For some reason, Nissan and Infiniti seem to frequently offer lease specials based on 39 month terms. Usually, what makes the 39 month term more advantageous.. is the residual percentage is only 1% lower than the 36 month residual... A normal spread between the two terms would be 3%-4%, which would offer no advantage to the 39 mo. term..

    I don't have the specifics on the lease numbers for the FX35 (Car_man will), but I will guess that there are good residuals for the 39 month terms...

    regards,
    kyfdx
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  • lol man 39 month lease is waste i love how no one listens to me... they pitch it for a reason guys. Use your common sense. If it's too good to be true it is.
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