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Infiniti QX56 Lease Questions

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Comments

  • ahashmiahashmi Posts: 67
    Hi Car_man,

    Would you happen to know MF and RV for a 2011 QX56 4WD but for 39 months with 12,000 mi/yr or 10,000 mi/yr?

    Thanks,
    This is been a lot of help
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I'm glad that you've found this discussion so helpful, ahashmi. Infiniti Financial Services' August buy rate lease money factor and residual value for a 39-month lease of a 2011 QX56 4WD with 12,000 miles per year are .00171 and 54%, respectively for consumers who qualify for its top credit tier.

    The residual value for a lease with only 10,000 miles per year would be 1% higher.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car_man,

    In a previous post you said for 36 mo the RV was 54%, is it the same for 39 months?

    Also, can you provide for September as well? (sorry about the bother)
  • Sept 4wd

    36 - 12k = 55%
    39 - 12k = 54%

    Add 1% if you go to 10k per year!
  • aotdaotd Posts: 3
    I am looking for lease info on the 2011 Q56 4WD 15,000 miles 39 months. The real question is will the 2012 models offer better residuals ( but less dealer discounts) to warrant waiting? Thanks for the info.
  • You're right in theory, aotd. The residual values for a 2012 model should be better than the residual for a 2011 model. The problem is that the residuals for the QX56 aren't much better.

    IFS' September buy rate lease money factor and residual value for a 39 month lease of a 2011 QX56 4WD with 15,000 miles per year are .00170 and 52%.

    The numbers for an otherwise identical lease of a 2012 model are .00220 and 53%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • tlecotleco Posts: 34
    So far - with Mercedes and Infinity - All of them quoted with higher MF. They said that they Gave big discounts for the cars and they need to make money on the finance.
    Have you heard of this before.
    Please confirm
    I want to have a good deal but yet dont want to be uninform
  • Hi tleco. Of course it is theoretically possible for a dealer that is marking up your money factor to give you the best overall deal, i.e. the lowest monthly payment, but I personally prefer that the dealer uses the buy rate. That makes the whole deal more transparent. I suspect that you will be able to find a dealer that will use the buy rate if you shop around and negotiate some.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • mdkrpmdkrp Posts: 19
    Hello Carman,
    can you give me MF and Residuals for the 2WD QX56 for both 2011 and 2012 for Sept and Oct (if known).
    Lease for 39 mos at 12k miles/yr.

    Many thanks for your help
    MKDRP
  • mdkrpmdkrp Posts: 19
    Car_Man or anyone who is good with lease figures- please help:
    can you run these lease figures? I have and can't seem to come up with what the dealer is coming up with for a 2012 QX56 RWD:
    MSRP 63560
    negotiated price 59587
    MF 0.00152
    55% residual
    36 month/12K mi/yr
    document fee 449
    Acquisition fee 700
    registration 1050
    dealer add ons 260
    tax rate of 9.1%

    He comes up with Monthly payment of 907.56 inclusive of tax
    but I keep coming up with around 981.78
    I know I should be happy with lower amount but I do want to be sure there are no "surprises" at closing time.

    Any thoughts/suggestions?
    thanks
  • kyfdxkyfdx Posts: 27,692
    Are you adding all of those extra amount into the CAP cost? It looks as though you are.

    Maybe the dealer isn't? And, expects you to pay them on signing?

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • tlecotleco Posts: 34
    Where do you live?
    Registration fee and document fee are extremely HIGH
    I also think that they expected you to pay those at closing
  • mdkrpmdkrp Posts: 19
    you are correct, kyfdx. I figured it out now. Thanks.
  • mdkrpmdkrp Posts: 19
    in AZ; registration is a % of MSRP (basically an excise tax).
    you are correct, for some reason I kept rolling it into the cap cost.
  • I'd be happy to help you out, mdkrp. Infiniti Financial Services' October buy rate lease money factor and residual value for a 39-month lease of a 2012 QX56 2WD with 12,000 miles per year are .00200 and 54%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a 2011 model are .00151 and 52%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • mlxmlx Posts: 1
    Hi Car_man,
    could you show me the MF and Residuals of 4WD QX56 for both 2011 and 2012 Nov or Dec (if known)?
    Lease for 39 mos at 10k miles/yr.

    Many thanks for your help.

    mlx
  • Here's the information that you're looking for, mlx. Infiniti Financial Services' November buy rate lease money factor and residual value for a 39-month lease of a 2012 QX56 4WD with 10,000 miles per year are .00163 and 53%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a 2011 model are .00154 and 53%.

    I believe that this lease program is scheduled to run through the end of November, but I suspect that it will be very similar in December.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • After some negotiations with the dealer today, we agreed on a 2011 QX56 4WD with a sticker price of $66,160, a down-payment of $7,500 and a trade-in of $9,660 for a net amount of $49,000. The residual is $35,064.80, which is 53%. We agreed on a monthly payment of $599. Is this a good deal? The car has every option, with entertainment package, captain's chairs in the 2nd row, heated seats, etc.

    I think the big difference is that they are giving me $9,660 for my truck, which is absolutely not worth more than $4,000 and probably more like $2,500-3,000.

    Any feedback would be great to have going in tomorrow to pick it up. I feel like it's a decent deal, but if they try to renegotiate when I go in, I want to know how much I should give.
  • i should add that this is for a 12,000 mi/yr allowance with 25c/mi after that. it's a 39mo lease.
  • I'm curious, did they try to switch the deal on you... or are you driving a new QX? :)
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