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Infiniti FX35 / FX50 Lease Questions

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  • Well on the website it is a 10k miles per year, with 3999 due at signing.
    mine is 15k per year, with 1200 at signing....includes taxes!

    Website: 559 + 6% tax= 592
    3999-1200=2799/39=71

    Total= 663 per month...for 10 k miles.....so I thought mine was a good deal!
  • You're very welcome, iveybound.

    Car_man
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  • Hi texas2685. Sorry for the delay in my response. I took some time off for the holidays. Here's the information that you're looking for.

    Infiniti Financial Services' new January buy rate lease money factor and residual value for a 39-month lease of a 2010 FX35 2WD with 12,000 miles per year are .00137 and 51%, respectively.

    As long as the dealer that you're working with isn't taking the owner loyalty cash that is available on the FX into account to arrive at the $4,000 discount that you were quoted, I'd say that is an excellent deal. It's probably equivalent to pretty close to dealer invoice.

    Car_man
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  • Hi billb452. A $4,000 dealer discount is a very attractive deal on a leased 2010 FX35 right now. Just make sure that the dealer that you are working with takes the $2,000 loyalty cash that you are eligible for as a returning customer off of that, otherwise you're really only getting the equivalent of a $2,000 dealer discount...which needless to say is not nearly as attractive.

    Car_man
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  • No problem, infinitiluv. Actually, Infiniti seems to have pulled the plug on its lease support for the 2009 FX in January. It provided the dealers who had the few remaining '09 models left in inventory with a final $5,000 payment and it's done with them. If you really want to lease, you're probably better off going with a 2010 model.

    Car_man
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  • Hi drumik. The reason why the payment that you calculated ended up being much lower than what the dealer came up with is that they probably used the $4,000 dealer cash that is currently available on the 2010 FX35 to arrive at the selling price that they initially quoted you. That dealer cash is not compatible with Infiniti's special lease program. As a result, the capitalized cost for a lease of this truck would be several thousand dollars higher.

    Car_man
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  • Hi casp80. Sorry for the delay in my response. I took some time off for the holidays. If you haven't leased the 2009 FX that you are interested in already, then you may be out of luck. Infiniti seems to have pulled the plug on its lease support for it.

    Car_man
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  • Hi mas6002mi. Here's the information that you're looking for. Infiniti Financial Services' January buy rate lease money factor and residual value for a 36 month lease of a 2010 FX35 AWD with 12,000 miles per year are .00127 and 53%, respectively.

    Car_man
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  • casp80casp80 Posts: 17
    Carman,

    I managed to lease a 2009 FX at the [non-permissible content removed] end of the year!

    This was the deal: 2009 FX AWD with Premium, Navi + other options

    MSRP: 50270
    Invoice: 46090
    Selling Price: 43065 (2000 lease loyalty cash)
    Cap Cost: 43870.26 (incl. acquisition fee, doc fee)
    Residual: 23376.40 (46.5%)
    Money Factor: 0.00038

    Sales Tax: 7%

    Monthly payment: 589.60 (incl. tax)

    Down payment: 980.00 = 589.60 (first payment) + Registration/ Tax on Lease Loyalty

    The car was a demo and had 2500 miles on it. They had to reduce the residual from 47% to 46.5% for the 2500 miles but they deducted the equivalent amount from the sale price.

    Does this look ok for a demo vehicle? I hope I did not overpay...

    I wanted to lease a 2009 FX to buy at lease end because of the low residual + money factor gives me low monthly payments throughout. I hope that I am on the right track. Please let me know.
  • Could anyone confirm that $4000 dealer cash can not be applied to leasing?

    And what about the $2000 loyalty cash i read about in previous posts? Is it still valid now in Jan 10?

    I found a leasing deal for a 2010 FX35 very close to invoice price but i am wondering if I could reduce the price more.

    Thanks in advance.
  • That looks like a very good deal......maybe carman can comment on this.
  • Hi casp80. Congratulations on getting your new FX. The selling price and money factor that you negotiated both look good to me. Enjoy your new ride!

    Car_man
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  • Hi nomatter. Unfortunately, I can indeed confirm that the $4,000 dealer cash that Infiniti is currently providing on this model is not compatible with its special lease program.

    The $2,000 owner loyalty cash, however, is available on leases.

    Car_man
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  • CASP80, how many miles on that lease?

    CarMan, do you think I can do a similar lease on a lesser FX (MSRP approx. $46K)? I need 20K mi/year, but I'm trying to stay around $550/month. That's my current 08 G35 lease payment..which I thought was a great negotiation on a $38K+ MSRP vehicle. My thought is that if I can get the cap cost about the same, I should be ok. Am I wrong in my thinking?
  • casp80casp80 Posts: 17
    Thanks Carman. I am glad that I did not overpay considering that it was a demo. Now I can actually enjoy the ride :).
  • casp80casp80 Posts: 17
    Infinitiluv.. The lease is for 15000 miles per year.

    My cap cost was $43800 (incl back fee & dealer doc fee). Since the 2010s have a higher money factor, you might have to go down another $2000 to get to $550, given that you will have a higher residual to help you out. But 20000 miles might be a bit difficult to get with it.
  • want to lease 2010 fx35awd with Prem/NAV what is the best deal in Boston Mass now I have 08 g35 lease will end this April with less $$down on the new fx can anyone help me out here thank you and I found the dealer have the car I want MSRP is 50k
  • 2010 FX35 RWD w/premium, navigation and touring packages.

    MSRP: 51205
    Sale Price: 46,357
    Acquisition: 595
    DMV: 648
    Tire fee: 8.75

    Cap reduction: 432.55
    Loyalty cash: 2000

    Cap cost: 46,952.00
    Adjusted CC: 44,519
    Residual: 26,114.55 (51%)

    10k/yr for 39 months, $2000 drive off (in addition to loyalty)
    Monthly payment comes to $624.14 (568.69 +tax)


    I don't see money factor listed on lease quote. It seems like a decent deal but it's also the first quote I got. Thoughts?
  • where is that at. i'd love to get an offer like that
  • OK, I've been working hard between dealers and think i have finally got an offer I'm comfortable with.

    2010 FX35 with premium and nav
    39 months/12K miles

    MSRP: 50,210
    Cap Cost: 46430 (perhaps a bit lower to get to final price)
    MF: .00138
    Residual: 52% ($26109.20)

    sign & drive: $2000 (what I'd pay up front, including first month).
    monthly: $660 all in (taxes, etc.)

    I don't have any loyalty rebates, etc. so no cost reductions.

    How'd I do?

    One dealer mentioned refundable deposits to reduce the MF. Anybody know if this is a good idea?
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