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Infiniti FX35 / FX50 Lease Questions

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  • No problem infinitimn. Infiniti Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2008 Infiniti FX35 AWD with 10,000 miles per year are .00125 and 66%, respectively. The numbers for an otherwise identical 36 month lease are .00120 and 56%.

    Car_man
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  • Hello grumpduck. The $2,500 dealer cash that Infiniti is providing on the 2008 Infiniti FX35 is not compatible with Infiniti Financial Services' special lease program. The money factor that you were quoted is a little on the high side. IFS' current buy rate lease money factor for a 36 month lease of an '08 FX35 AWD is only .00120. Make sure that the dealer you are working with uses that factor to calculate your monthly payment. Also, if you are in an area that has a decent level of competition, there is a good chance that you can do better than $1,500 over dealer invoice on this truck. Shoot for $500 or $1,000 over.

    Car_man
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  • Welcome cpipes. This vehicle's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Infiniti Financial Services' buy rate lease money factor and residual value for a 2008 FX35 AWD with 15,000 miles per year are .00120 and 55%, respectively. You can look up the dealer invoice price of the exact model that you are interested in over in the new vehicle pricing section of this site.

    Car_man
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  • ct1211ct1211 Posts: 56
    Hi Carman, you helped me with my last infiniti M35X lease. I'm about up on the lease and looking at the EX. Can you give me the money factors and residuals on this vehicle. I'm looking at 24 and 36 months @ 15K miles per year.!! Thanks

    Craig
  • beach985beach985 Posts: 1
    With the 2009 FX 35 coing out shortly, when will be a good time to lease a 2008 FX 35? You have to assume that since there is a body change, that there will be major year end incentives.
  • 03qx03qx Posts: 19
    Car Man, Could you please post March Rates for the Infiniti EX35 & FX35. With both 12,000 & 15,000 miles per year. 24 and 36 months. Thanks
  • stotistoti Posts: 2
    What dealer?
  • googoomagoogooma Posts: 1
    Los Angeles area

    08 FX35 AWD

    36 Month Lease, 10K miles/yr

    Sticker: 44,700
    Selling Price: 41,400

    Money Factor: .0012
    Residual: 56%

    Drive Off: ~$1500 (first payment, aquisition fee, registration)
    Payment: $480/mo + tax

    Options include:
    Sport package, Touring Package, Handsfree, mud flaps, ipod integration
  • Do you guys think an x5 4.4i would be better than an fx45 offroad, or vice versa?
    If any of you own either of the cars itd be great if you could share any offroad/snow experiences youve had with them. Im looking at buying one or the other, and i want one that handles great, but it still somewhat rugged and can do some light offroading (ive been to bmw driving school in spartanburg, and i know that the x5's are pretty capable vehicles)...im just not sure of how they compare to the infiniti fx45...?
    Thanks so much
  • jangeljangel Posts: 1
    great deal, had my fx35 for 2 weeks, touring package, hands free and ipod, 15k year 39 month, $509 month, $2600 out the door, this is long island ny
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi 03qx. Here's the information that you're looking for. 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 .00125 and 65%, respectively. The numbers for an otherwise identical 36 month lease are .00120 and 55%, respectively. If you were to lease this vehicle with only 12,000 miles per year, its residual values would be 1% higher.

    IFS' current buy rate lease money factor and residual value for a 24 month lease of a 2008 EX35 AWD with 15,000 miles per year are .00049 and 69%, respectively. The numbers for an otherwise identical 36 month lease are .00101 and 57%. Again the 12,000 mile per year residual values are 1% higher.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Greetings googooma. I don't know this vehicle's exact dealer invoice price, but it probably has a spread of around $3,800 or so between its MSRP and invoice. If so, that puts the $3,300 discount that you were quoted at around $500 over invoice, which is an excellent price if it is before the $2,000 owner loyalty or $1,000 conquest cash incentives are taken into account. Make sure that the dealer subtracts the appropriate one from your FX's selling price. The money factor that you mentioned is right in line with Audi Financial Services' buy rate for this model, which is a good thing.

    Car_man
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  • vince83vince83 Posts: 3
    Hello to everyone. I have a couple of questions.
    Currently I am leasing a 2006 FX35. The lease ends in September 2009. I want to get the new 2009 FX35 in June 2008. Do you think I can ask Infiniti FInancial to absorb my current lease so I can go ahead and get the new FX in June. Also, I prefer to pay cash for the car and drive off. Does that matter? Can I push Infiniti to let me go off my current lease?
    I also have a second question: Can I negotiate with the dealer a price under MSRP for the new FX35? What should I shoot for?
    Thanks in advance.
  • moscodemoscode Posts: 1
    Can anyone tell me if this is reasonable:

    08 FX35 AWD, Sticker $42,700, $3K Trade + Dealer Incentives, 39 month w/15K per year $453 per month including tax, $23K buyout at end of lease

    Any input would be appreciated. Also wondering if there is lease pricing out there for the 09 model
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi vince83. Manufacturers run early lease termination programs from time to time that let lessees out of their deals a couple of months early if they lease a new vehicle. Not only is Infiniti not running any sort of program like this that I am aware of, but even if it did your FX's end date is so far off you would never qualify for it. I am sorry to say that it is probably going to be fairly expensive to get out of your lease this far before its scheduled end date.

    In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.

    You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi moscode. I see that you mention having your trade and dealer cash subtracted from this truck's selling price. Are you getting a dealer discount as well? The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. If you are not getting a dealer discount, you are overpaying for this FX by a couple thousand dollars.

    Also, I see that you are considering trading in your current vehicle when you lease your new one. there's nothing wrong with doing so, but it would be in your best interest to have the dealer that you are working with cut you a check for it rather than using the proceeds from your deal as a down payment for your lease. I always advise consumers against making large down payments on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, you will be much safer with a zero down lease.

    Car_man
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  • agoodsagoods Posts: 6
    Am I correct to assume that the current lease price on an FX35 will come down when the new FX model becomes available at the end of the month? Just trying to time it right. Thanks.
  • fishemcfishemc Posts: 2
    Does anyone have any insight into what the June residuals and money factors are on the FX35 AWD for both 24 and 36 month as well as 12K and 15K miles? Looking at leasing this month but want to make sure that I am getting a fair deal.
    Looking at the following spec for $41K
    Hands free
    Touring
    ipod
    Sport
    AWD

    Thanks!!
  • mandarin1mandarin1 Posts: 3
    Here's the deal I just got.

    FX35 RWD, Sheer Platinum, Handsfree, Touring, Sport, Tech, Ipod with 15K for 39 months. MSRP was just over 48K. I had 2,000 loyalty incentive.

    620 per month with only 1st month's payment out of pocket.

    My salesperson was great to work with and I'm sure with the '09 right around the corner the deals will continue to flow. If you need contact info please feel free to message me.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Your guess was correct, agoods. Infiniti just enhanced its lease program on the FX35 last week.

    Car_man
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