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Infiniti FX35 / FX50 Lease Questions

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  • Hey infinitiluv. On a lease, you would be eligible for the $2,000 loyalty cash incentive. However, you would not be able to take advantage of the $4,000 dealer cash. It is not compatible with IFS' special lease program.

    Car_man
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  • You're very welcome, Kevin. There's nothing wrong with pasting the entire ad here. Someone else might actually find it helpful.

    Like most manufacturers' official advertised lease payments, I suspect that Infiniti's official ad for the FX35 leaves a little meat on the bone so to speak. Savvy consumers who are in an area that has a decent level of competition are usually able to negotiate a lower selling price on the vehicle that they want than the one that was used to calculate the advertised payment.

    Shop around for the lowest possible selling price on the FX that you want and then have the dealer that you choose to go with calculate your truck's payment using its buy rate lease money factor.

    Car_man
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  • Car man,

    I can't seem to find the answer to this anywhere in this thread:

    What is the residual % on a 39 month 10k / year lease?

    Your help is greatly appreciated!

    ajmackx
  • I'm looking to lease a 2010 FX35 AWD & received the following quote. I'd appreciate any feedback as to whether this seems like a good deal or not:

    Options:
    Deluxe Touring package
    Premium package
    Nav package

    Details:
    MSRP $52,420.00
    Sale Price $48,420.00
    Rate .0018
    Residual 52%
    Allowed Miles per year 12K
    Acqusition fee $595.00
    Doc Fee $99.00
    state taxes $1,452.60
    Adjusted residual $27,258.40

    No money down
    monthly payment $698.94

    I'll be returning an existing Infiniti lease so I'm hoping that I can apply an additional $2k loyalty cash to reduce the cap cost even more.

    Thoughts?
  • Also I'm wondering if it's standard practice for dealers to pad the money factor on a lease as a way to add profit. It seems that the quotes I'm getting all have higher money factors than the current IFS rate.
  • Hi,
    I just leased the basically the same car, except in florida he told me there was no AWD, basically 1000 less msrp. But i also had loyalty cash, and i think i got a decent deal. I based my target payment based on info from this board as to what people were paying so i didnt concentrate so much on the exact numbers but more on the money down and monthy payment numbers. I also dealt previously with the same salesman in Tampa. Here is the deal i got:
    2010 FX35 RWD w/ prem, nav, deluxe touring
    Black/Wheat
    Total out of pocket $1000 (which includes first months payment)
    39 months/ 10K miles
    629/ month tax included
    So basically 371 down to cover any of their "fees"
    Also got them to tint the front two windows at no charge

    All in all, i think i did OK.
  • Here's your answer, ajmackx. Infiniti Financial Services' current buy rate lease money factor and residual value for a 39 month lease of a 2010 FX35 AWD with 10,000 miles per year are .00138 and 53%, respectively.

    Car_man
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  • timmbojtimmboj Posts: 123
    Car_Man,

    I have a lease deal on the table for a 2010 Infiniti EX35 AWD with AVM-Navi, Premium and Technology Package. No 18" wheels though. I've just been emailing back and forth with the guy, but here's what I know...

    MSRP $45,075.00
    Sale price $765 over invoice (whatever that is)
    .00138 MF
    54% Residual
    39 month lease
    12K miles per year
    $1,500 drive off check
    $550 a month which includes 7% tax

    Is there some sort of incentive on the AWD models that I haven't read about? The quotes I've been getting all seem better than the RWD models. This particular lease sounds too good to be true.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey timmboj. The money factor and residual value that you were quoted look good. They're right in line with Infiniti Financial Services' current lease program for this model.

    The selling price that you were quoted, $765 over invoice, seems reasonable as well.

    If you like the EX, I personally don't see any reason not to go for this deal. Just make sure that the selling price that the dealer uses to calculate your monthly payment really is $765 over invoice.

    Car_man
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  • bignasty1bignasty1 Posts: 23
    edited March 2010
    Does anyone know how many months/days early you can turn your Infiniti lease in if you are going to lease another Infiniti? I am anxious to get out of my current Infiniti and into an FX35. :confuse:
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi bignasty1. To the best of my knowledge, Infiniti is not currently running an official early lease termination program. It is usually fairly expensive to get out of leases early without one. How many months do you have left on your current lease?

    Car_man
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  • I'm looking to lease a 2010 FX35 this month (March). The MSRP is $48515 Prem/Nav RWD and am looking for a good deal. 36 month lease, 12,000 miles per year. Can anyone advise the following:

    Discount off MSRP (have an 07 now to turn in)
    Money Factor Rate
    Residual Percentage

    Thanks in advance!
  • rassaleyrassaley Posts: 1
    I currently have the following quote on a lease for a FX35 with Tech and Premium. MSRP is $50,210. Selling price is $44,835 plus doc fee of $150, plus sales tax.

    No money down, no trade in. Frist Payment only.

    36 months, 15,000/ year, $689/ mo. plus sales tax, Residual $27,113. or
    39 months, 15,000/year, $679/mo. plus sales tax, redisual $26,109.

    Is this a fair deal?

    Thank you,
  • vinehillvinehill Posts: 10
    I didn't think you could get the Tech Package without adding Deluxe Touring Package ($2,650 MSRP) and Nav ($2800 MSRP.)
  • sewellgsmsewellgsm Posts: 775
    You are correct.
  • I'm looking for current money factor, residual value, and loyalty cash (or other incentives) on a 24-month and a 36-month lease of a new 2010 FX50 w/technology pkg, illuminated kick plates, cargo organizer, splash guards, alarm impact sensor, first aid kit, black obsidian exterior, wheat interior, and NO sport pkg. Thank you for any information you may have!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here's the information that you're looking for. You definitely do not want to lease this truck for 24 months, Nissan is no longer providing support on two year leases.

    Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 FX50 with 15,000 miles per year are .00104 and 49%, respectively for consumers who qualify for its top two credit tiers.

    Car_man
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  • cityboy2cityboy2 Posts: 27
    Hi Car_man,
    Is this a nationwide deal, or just in Calif.?
    Also, for 10K/y 36 mo., I assume, the MF is the same, but what would be the residual? are there any incentives for this model?
  • d_nyholmd_nyholm Posts: 73
    I am looking at leasing a 2010 FX35 AWD. What are the current residuals and money factors for the month of April? Last I checked they were 53% and .00138, but I wanted to be certain before I go to the dealer. Can the dealer 'adjust' these rates if they wanted to or is it something that is set and I won't have to worry about??? Also, if I am turning in a 2007 G35, is the lease loyalty still $1000 and will that come off of my Cap cost? I am looking to purchase it through USAA with it's no haggle pricing, so I assume the loyalty will come off of the USAA price and lower the cap cost even more?? Thanks in advance.
    Dennis
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi cityboy2. Infiniti's lease program is currently national.

    You are correct, the FS's money factors are the same, regardless of the mileage allowance that you choose. IFS' 10,000 mile per year residual values are 2% higher than its 15,000 mile per year resids and 1% higher than its 12k resids.

    The only cash incentive that is available on leases of this truck is $1,000 loyalty cash.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi d_nyholm. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 FX35 AWD with 15,000 miles per year are .00079 and 51%, respectively.

    Dealers are not allowed to alter vehicles' residual values and the buy rate is the lowest money factor that they can charge. Dealers are sometimes allowed to mark up vehicles' money factors to add additional, hidden back-end profit to deals.

    Yes, if you are a current Infiniti lessee then you are eligible for a $1,000 loyalty cash incentive on the lease of a new FX. Make sure that the dealer subtracts this offer from whatever selling price you negotiate.

    Car_man
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  • frank310frank310 Posts: 44
    Car_Man,

    I just want to verify the May lease rates for an FX35 AWD 39 months, 10,000 miles per year, buy rate lease money factor and residual value .00079 and 53%.

    Thanks once again for the help now and in the past.

    Frank
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey Frank. Those numbers are right on the money.

    Car_man
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  • ciegeciege Posts: 2
    Hi all,
    I have never leased a car before. I am trying to learn the jargon but have been getting a bit overwhelmed. I would like to know from the experts out there is the current advertised lease for the FX35 good?
    Details are:
    539 /month Lease for 39 months
    $3,999 initial payment
    2010 FX35 AWD with Premium and Navigation Packages
    Excludes taxes, title, license and options. Offer ends 06/01/2010.

    Are those numbers set in stone or can I walk in and negotiate the lease information down? I have excellent credit (780 - 790) if it makes a difference. I have bought many a car in the past but leasing is a whole new ballgame to me.

    If I can still negotiate the numbers where should I begin? Based on above should I negotiate the down the down payment or the selling price?

    For this vehicle I am considering lease because a) won't keep past 3 years. b) mileage is not an issue (especially if I can negotiate up to 12 or 15k) c) don't want to pay a purchase price payment even at 0%/60 months.

    Thanks all!
  • cityboy2cityboy2 Posts: 27
    What is the MSRP?
  • ciegeciege Posts: 2
    edited May 2010
    49,965 according to the website.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    WelCOME ciege. Mnufacturers' official advertised lease payments are usually pretty good deals. Having said that, savvy consumers who are in areas that have a decent level of competition are usually able to beat manufacturers' advertised leases by shopping around and negotiating a lower selling price than the one that was used to arrive at the advertised payments.

    Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.

    Car_man
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  • Hi,

    I have been offered a dealer demo 2010 FX35 MSRP 52,723 I am new to all this and wanted to make sure this deal looks good. Mileage is 4700. I am not looking to purchase the car at the end of the lease.

    Gross cap cost - 48081
    Adjusted cap cost - 2615.91
    Residual - 26239.15 (51%)
    Total Payments by end of lease 28,422
    3,866 down
    DMV fees $986
    Less loyalty discount of 1,000
    Monthly payments 609 (including tax)

    Was wondering if there was anything fishy going on with the residual as the car has miles on it.

    Thanks,

    Alex.
  • Sorry about this. Cap cost reduction is 2651.91 and Adjusted cap cost is 45474.47
  • kjc1334kjc1334 Posts: 2
    What is the current buy rate on a 2010 FX35 AWD? Should I be getting buy rate or is it fair that they mark it up?
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