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Infiniti FX35 / FX50 Lease Questions

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  • Is it the handsfree alone or the whole technology package, does the 2900 down you put also include bank fee, first and the motor vehicle charges? I am going to kings to test drive thefx35 and was planning to get it from someone elese, but that looks like a good deal, who did you deal with there?
  • I was quoted by a friend who does the lease packages, with the new program, 510 for the tech package, hands free, no sport no navi, no money down 510 per month, upfront i pay bank, first and dmv charges.

    Does anyone know of any better deals?
  • jhyoojhyoo Posts: 13
    What were the numbers they are quoting you (MSRP, cap cost, residual, money factor...)? And also what were the terms (months, mileage)? That does sound pretty good! Thanks
  • Here you go, Lianne. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 Infiniti FX35 RWD with 15,000 miles per year are .00285 and 48%, respectively. As you can see, Infiniti is no longer providing lease support on the 2007 FX. If you really want to lease one, you would probably be better off going with a 2008 model. The numbers for an otherwise identical lease of one are .00130 and 56%.

    Car_man
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  • Hi willgur. In October, Infiniti is providing $2,500 dealer cash on the 2008 FX35. Here is a link to the section of Edmunds.com that mentioned this incentive: Infiniti FX35 Incentives. Unfortunately, this dealer cash is not compatible with Infiniti Financial Services' special lease program. It is only for consumers who pay cash or finance their new FX.

    Car_man
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  • Hello fx3. A selling price of $1,000 below dealer invoice on a leased 2008 Infiniti FX35 is an excellent deal. The money factor that you were quoted is a little too high though. Infiniti Financial Services' current buy rate lease money factor and residual value for a 39 month lease of a 2008 FX35 AWD with 15,000 miles per year are .00127 and 55%, respectively. Make sure that the dealer you are working with uses this lease program to calculate your monthly payment.

    Car_man
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  • Hello djdez. I haven't crunched the numbers, but I suspect that you are correct that the low lease money factors would result in a lower lease payment than using the dealer cash and the standard lease program. If I was interested in leasing an Infiniti FX35 right now, I personally would probably a go with a 2008 model because of its lease support. Infiniti Financial Services' current 24 month buy rate lease money factor and residual value for a 2008 FX35 AWD with 12,000 miles per year are .00084 and 69%, respectively. The numbers for an otherwise identical 36 month lease are .00130 and 56%.

    Car_man
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  • Hi kvoight. Your lease payment for a new FX35 will vary depending upon what its MSRP and selling price are. I can work up a sample lease payment on this vehicle now using some assumptions. For now I will assume that the FX35 that you are interested in has an MSRP of $40,265 and that you are able to negotiate a $2,000 discount on it. This is a base model. Let me know if you have some actual numbers for me to use. According to my calculations, if you were to lease a 2008 Infiniti FX35 AWD that has an MSRP of $40,265 and a selling price of $38,265 through Infiniti Financial Services right now for 24 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $488. Obviously the payment for a loaded model would be higher.

    Car_man
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  • Here's the information that you're looking for, snoppy. Infiniti Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2008 Infiniti FX35 2WD with 15,000 miles per year are .00084 and 68%, respectively. The numbers for an otherwise identical 36 month lease of this vehicle are .00130 and 56%.

    Infiniti is no longer providing lease support on the 2007 FX. As a result, if you were to lease one through IFS, you would have to use its standard lease program. I suspect that your payment will be lower if you go with the 2008 model.

    Car_man
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  • Congratulations on getting your new FX, spetz1. Thanks for taking the time to share with us. Make sure to stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent experience with Kings Infiniti with others.

    Car_man
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  • Hi scottrl. Infiniti Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2008 Infiniti FX35 AWD with 15,000 miles per year are .00101 and 69%, respectively. The money factor for an otherwise identical lease with only 12,000 miles per year would be the same, but the residual value would be 1% higher. I think that the residual value for a lease with 10,000 miles per year would be 2% higher than the 15k resid, but you better check with the dealer to make certain this is correct.

    Car_man
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  • Hi david. Infiniti did enhance its lease program on the FX in late September. I believe that its enhanced lease money factors on this model were extended for the month of October. I would be happy to give you an idea of what the current program is like on the exact model that you are interested in if you describe it to me and tell me how long you want to lease it for as well as what mileage allowance you need.

    Car_man
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  • Congratulations on getting your new FX, cwsteve2117. Thanks for taking the time to share the details of your lease with everyone. Make sure to stop by the new Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with everyone. Enjoy your new ride :shades: .

    Car_man
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  • You're very welcome, jhyoo. Welcome back. I would be happy to give you an idea of what Infiniti's current lease program is like on this vehicle. You never mentioned a couple of key pieces of information, so I will have to make some assumptions. For now I will assume that you are interested in a 36 month lease of a 2008 Infiniti FX35 AWD with 15,000 miles per year. Let me know if you want something different. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of an '08 FX35 AWD with 15,000 miles per year are .00136 and 57%, respectively.

    Infiniti has not published any information on what its lease program for the new EX will be like when it is available. I suspect that Infiniti will not provide any lease support on it at first. If so, its buy rate lease money factor will be IFS' standard factor of .00285. It's tough to say what its residual values will be like.

    Car_man
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  • I have the following offer for a 2008 RWD FX35 that has an MSRP of $41,075 (Touring package, hands-free, rear cargo cover, roof rack rails). Invoice is around $37,750.

    The agreed to sale price is $38,175 plus the sales tax of $2,385 (here in Texas, by law, you are required to pay the sales tax on the full value of the sale price, unlike most other states where you pay the tax on the depreciation only) and acquisition fees of $790.

    That brings the total capitalized cost to: $41,350

    It is a no-money down 39 month lease with 12K per year.

    Money factor is: .00127
    Residual value is: 56%

    Total monthly payment (including taxes) of $552.00

    I ran the numbers and came up with $547.00

    Do you think I can do any better than this? Perhaps get the sale price down a few hundred and/or increase the residual one percent?

    Thanks for your great information.

    Sincerely,

    DirtyDogs
  • jhyoojhyoo Posts: 13
    Thanks Car_Man,

    I'm looking for the FX35 awd with 18,000 miles for either a 24 or 36 month term. What's the residual and money factor for the 07 and 08?

    Thanks again,
  • jhyoojhyoo Posts: 13
    I also wanted to add if anyone knows if the $2500 for marketing support to dealer can be used towards leases?

    Thanks for all your help,
  • I have the following offer for a 2008 AWD FX35 from Infiniti of Manhattan that has an MSRP of $48,725(Touring, Hands Free, Technology and Sport Package).

    Details:
    Initial Down Payment: $1995
    Bank Fee: $795
    Destination Fee: $700
    Other Fees are taxes (base on NJ= 7%)
    DMV- I think around $200, I live in NJ
    39 Month Lease with $445/month at 10k miles per year

    Another Option:
    For 39 months with the (Touring, Hands Free, Technology package): $419/mo with $1995 down, and $479/mo with $0 down.

    Sport Package: would be $26.46 more towards the monthly payment.


    As of right now, I am currently driving an Acura TL Type S(2002) 4Dr Sedan with 48, 656 Mileage. Well Maintained with a 7 inch DVD/Navi System. I am also thinking of using it as a trade in, if the dealer give me a good offer.

    Do you think I can do any better than this?

    Sincerely,
    JessieM
  • jhyoojhyoo Posts: 13
    So I got this deal and going to sign on it if everything checks out.

    08 FX35 AWD Hands Free, Touring, Tech, Roof Rails, Cargo Area Protector, Splash Guards.

    MSRP: 46,725
    Invoice: 42,602
    Initial Cap: 43,390
    Acq Fee: 595
    D/H: 489
    Extra for Miles (additional miles over 15K, 6K @ .10): 600

    24 month / 18K miles
    Res: 69%
    MF: .00101

    So $611 + taxes (7.4%) = $656
    Due at signing $656 (first month) + $17.20 (Filing Fee) = $675

    Please let me know if that checks out, I ran the numbers and I'm within 5-10 dollars of that.

    I think it's a good deal, any opinions.
  • here's what i think is a normal price for this car:

    FX35 2008 $49,400 msrp car (touring, tech, sport, ipod and some small things)

    $1000k total first day (incl monthly payment)
    $480/mo total
    12k miles a year
    24 months
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