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Infiniti FX35 / FX50 Lease Questions

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  • jubes72jubes72 Posts: 4
    Am in Chicago and it seems Infiniti is giving the best deals on higher end SUV's. Is this a good deal? It is an 08 FX with Touring and Tech. Thanks for any help.

    MSRP: 46,725
    MF: .00125
    Down: $4,000
    Payment: $499
    Miles/year: 15K
    Period: 24 months
    Residual value: 30,371 (65%)
  • Your right about Billy D, but we're still happy to have him back. :-)

    I was actually looking for a 24 or 21 month lease on the FX45. Based on the numbers you gave me, I assume Infiniti does not have the same lease support between FX35 and FX45.

    As I said previously my lease on a FX35 ends in Aug and I was looking to see what it would cost to move up to the FX45. However, based on these numbers, it would appear the FX35 is a much better value.
  • Car_man and all,

    Im about to ink a deal on an FX35, and just wanted to know if this is a decent deal.

    Its a FX35 w touring and hands free pkgs, also has splash guards, roof rails, and cargo mat -- MSRP $42420.

    21 months 12K miles/ yr - $450 payment
    $3500 total drive off including taxes (8.75), first payment, 595 acq fee, and plates. IFS Lease.

    Is this a good deal to move forward with ?

    Any help I could get I would greatly appreciate !

    Thanks ! :shades:
  • avallonsavallons Posts: 2
    It looks good to me! How much is the down payment out of the $3,500? What state are you in?
  • verystingyverystingy Posts: 36
    I just inked a deal on a 2007 FX35 AWD with Tech/Sirius, touring, hands-free, roof rails, cargo mat, sunroof visor, and mud guards. Color: Ivory/wheat.

    MSRP: 46,625
    Length: 21 month/12K
    Inceptions: 1,500
    Payment: 493/month (includes taxes & gap)

    I feel pretty good about the deal. It was all negotiated over the phone. Took a few days, but I was exceptionally pleased with the dealer. Good luck to all still looking.
    (FYI: Inventories & color selections were getting slim on the 2007'S)
  • maxmirmaxmir Posts: 4
    Not much unless you want that 'Sheer Platinum' color option on your FX 35. Too bad that the brown leather is still not available on 35s.
    (from automovitive.com):
    NASHVILLE, Tenn., June 7 /PRNewswire/ -- Infiniti announced pricing on the 2008 Infiniti FX premium crossover sport utility vehicle, which goes on sale today at Infiniti retailers nationwide. For 2008, all FX models now include standard XM(R) satellite radio and body-colored satellite radio antenna. Sheer Platinum premium paint is now an option available on FX35 models equipped with the Sport Package. All 2008 FX models are equipped with a standard leather-appointed interior, 300-watt Bose(R) audio system with 11 speakers, RearView Monitor and 5-speed automatic transmission.

    The Manufacturer's Suggested Retail Price (MSRP) for the 2008 Infiniti FX starts at $37,950 for the rear-wheel drive 3.5-liter V6-equipped FX35 2WD; $39,450 for the all-wheel drive 3.5-liter V6-equipped FX35 AWD; and $50,000 for the 4.5-liter V8-powered all-wheel drive FX45 AWD.

    The 2008 FX again showcases Infiniti's technology and engineering leadership with the available Lane Departure Warning (LDW) system, Infiniti Intelligent Key and Intelligent Cruise Control (ICC) with Preview Braking.

    The all-wheel drive FX45 comes with a standard 320-horsepower 4.5-liter DOHC V8 and includes 20-inch wheels and tires, numerous technology features and a sport-tuned 4-wheel independent suspension. Infiniti FX45 option packages include the Run-Flat Tire Package, Technology Package, Infiniti Navigation System, Mobile Entertainment System and Sheer Platinum Metallic paint.

    The 2008 Infiniti FX35 features a 275-horsepower 3.5-liter V6 and is available in all-wheel or rear-wheel drive. All FX models utilize a modified version of the advanced FM (Front Mid-ship) platform, enhanced for SUV duties. FX35 options include the Touring Package, Hands-Free Package, Sport Package, Run-Flat Tire Package, Technology Package, Mobile Entertainment System and Sheer Platinum Metallic paint (requires Sport Package).
  • utexas06utexas06 Posts: 43
    2007 FX35
    Touring Package
    Hands Free Package
    MSRP $40,600
    Don't know the net cap cost.
    39 months @ $526.59 per month
    $1,915 (TTL and first payment)due at signing.

    Should I accept this or is there more room to negotiate for a lower price?
  • myeclipsemyeclipse Posts: 8
    Does that 526.59 include tax?

    I was quoted on a RWD with touring,handsfree,sports
    39 months 15000m/y --> $424 per month
    $3,300 (2,400 down)due at signing
    I'm in soCal

    And I was told the special MF(0.00114)on 39 months will be ending by July,2nd. Anyone had the same info regarding the MF?
  • pmeswanipmeswani Posts: 11
    Tough call. Need help from Car_man.

    Just got this deal:
    2007 FX35 AWD with Touring and Hands Free
    MSRP $41,960 (Black with Brick leather)
    Selling Price: $38455.76
    72% Residual
    Money Factor: .00044
    Payment: $471 for 21 months (includes tax)
    $1481 due at signing

    Thoughts? This sounds like a good eal but not sure.
  • utexas06utexas06 Posts: 43
    no $526.59 does not include tax. Tax is paid up front. Or can be rolled into payments which would take the payment up a bit.
  • utexas06utexas06 Posts: 43
    that seems like an attractive deal. I asked for a 21 month deal but the guy says payments would go higher than the $526.59 based on a 39 month lease. What state are you located in?
  • pmeswanipmeswani Posts: 11
    I'm in NJ. From what I gather, they're trying to move the 2007s by July 2nd so I would shop a better deal around. The MF they gave me is really graet (1.09%).
  • verystingyverystingy Posts: 36
    Hi,
    Your deal looks pretty good but your payment should be $452.40 per month according to the numbers that you provided (including the NJ 7% tax). Try to haggle a little more. It's the end of the month and they will want to make their quotas. Good luck.

    Sal
  • myeclipsemyeclipse Posts: 8
    2007 FX35 RWD
    touring, hands free, sports, tech
    36 months, 15000m/yr
    MSRP: 46810
    Selling Price: 43575
    Monthly payment: 460 + tax
    with 3,300(2,400 down) initial payment

    sounds good?
  • Hey All,

    I balked a little at the last deal i was offered and i ended up working out a little stronger one.

    FX35 AWD w Touring and Hands Free, Rails and Splash -- dealer is installing Sirius

    $450/ mo
    $3000 Total Drive Off
    21 mo / 12K yr

    I feel pretty good about it, so I am picking it up on Monday ! :)
  • pmeswanipmeswani Posts: 11
    Thanks Sal. I feel pretty good about the deal but will try to haggle a little more. Reasonable deal considering MSRP is $42K.
  • pmeswanipmeswani Posts: 11
    I'm getting the same car without sport package for $471 including tax and only $1400 due at signing for 21 months/12K.

    You can haggle some more.
  • myeclipsemyeclipse Posts: 8
    thanks for the reply pmeswani. I will try to knock a few bucks off. but looks like the MF is quite different between 21 month (0.0004) and 36 month (0.00114).

    I got a quote on the same car for a 21 month lease, it's 430 plus tax. your deal still looks better though.
  • That Deal sounds REALLY SWEET!!! What dealership, I am shopping in NJ as well! How many miles per year?
  • verystingyverystingy Posts: 36
    Hi redvelvet,
    I just picked my FX up from Holman Infiniti of Maple Shade (NJ). The internet salesperson was Leon T. He was very cool about the whole process. I did all my negotiating with him over the phone and there were no tricks or surprises when I arrived. They had about 20 to 25 of the 2007's left but the colors were limited. Good luck with your deal and I'm sure you will love the FX.

    Sal
  • I getting the FX35 w/ Navi & Sirus, Touring, roofracks, blk on blk
    1500 down (includes the 1st month) than $499 for 21 mths

    sound like a good deal?
  • I have been sitting on the computer for over two hours (check the time this post was written) trying to figure out How Monthly Lease Payments Are Calculated, I get all screwed up with the Money factor... I get butterflies at the thought of going to the dealership ALL alone feels like I am going to voluntarily Throw myself to the blood hungry wolves. :sick: Please any one help me as to any insight for checking dealers number's :cry:
  • verystingyverystingy Posts: 36
    Redvelvet,
    Stay calm. It's very easy to calculate a lease. Use this link at edmunds and print it out. If your not going to negotiate over the phone, then bring this step-by-step guide and a calculator. The most important thing is negotiating the car price and making sure the dealer is using the correct residual and money factors. After that, the numbers work themselves out. If you have any specific questions, I'll try to help. :)

    http://www.edmunds.com/advice/leasing/articles/48365/article.html

    Sal
  • verystingyverystingy Posts: 36
    Hey,
    I just checked Edmund's FX35 page and they state that there is a $1000.00 in dealer cash now. Everybody should get their dealers to accept at least $500.00 BELOW invoice if they can. Stay strong and fight hard!! Good luck to all!!

    Sal
  • jmac03jmac03 Posts: 3
    Sal: Thanks for the good news! Just to confirm, since this is posted in the leasing section, am I correct in thinking this dealer incentive applies to both purchases and leases?

    Also, as a general question to all, is it worthwhile to figure in and bring up dealer holdback during lease negotiations, or does this just tend to antagonize the dealer and make them dig in their heels more?? Thanks.
  • Thanks So Much, If you do not mind can you look at this:

    44525.00(MSRP) X .72 (RESD) = $32,058.00

    $41,480.00(SELL PRCE) - 32,058.00= $9,422.00 / 36(TERM)= $261.72

    $41,480.00 + $9,422.00= $50,902.00 X .44= $223.96

    $261.72 + $223.96= $485.68 X .8375(TAX)= $526.35

    This is so simple but i have to admit I keep getting stuck :sick:
    taking the sell prce + resd val= then multiply the MF...
    oh dear they are going to eat me alive... but this deal don't sound to great I am going to try a 21 month (do infiniti have 24 month leases?) and HAGGLE some more... ;)
    oh boy wish I had an accountant for this elementry math haha ha no but really maybe because I am scared it feels like I am getting married and as the days get closer to me meeting the dealers I get all crazy feelings maybe when the time comes I'll get HITCHED!!!! :cry:
  • And NOW there is dealer incentives WHERE IN THE WORLD WOULD I DEDUCT THAT FROM
    :cry: OH DEAR JUST WHEN I THOUGHT I WAS PASSING MATH 101....
  • I have been using pmeswani's numbers to practice the monthly payments formula i keep getting final monthly payments totaling $579.52...I REALLY need some help, what gets me is that IT IS SO SIMPLE.

    41,960.00 x .72 = 30,211.20

    37,455.00 - 30,211.20 = 7,243.80 / 21 = 344.94

    37,455.00 + 7,243.80 = 44, 698.80 x .44 = 196.67

    344.94 + 196.67 = 541.61 x 7% (37.91) = 579.52

    he was told 471.00 including taxes, then you said according to his numbers it should be 452.40... I am not trying at all to cause ANY problems I am just trying to make sure I as a female do not get gobbled up by those fast talking, in the blink of an eye changing number's, not willing to give you your rebate or incentives dealers, I feel like they are big fire breathing dragons that stop the princess from being rescued by her knight and shining armor oh please help me :confuse:
  • verystingyverystingy Posts: 36
    Red,
    Do me a favor and tell me exactly what model and options you are planning to get. I want to see what the actual invoice price is versus the MSRP. Then I'll try to give you numbers to shoot for. I think your sell price is too high for the MSRP listed. I would recommend the 21 month lease because the interest rate is so low (and I don't want to have to replace those tires....they are big money). Thanks.

    Sal

    P.S. - Your money factor should be 0.00044 not .44
  • verystingyverystingy Posts: 36
    Jmac,
    Yes, dealer incentives definitely apply to leases. When you are negotiating the car price, try to get it for at least $500.00 BELOW invoice (if not better). This excellent selling price, high residual, and low interest rate make for an attractive monthly lease payment for an expensive vehicle. Good luck.

    Sal
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