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Infiniti QX56 Lease Questions

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  • logic_3logic_3 Posts: 26
    Was looking for the July lease money factor and residual value for a 39-month lease of a 2012 QX56 4WD with 15,000 miles per year and a 39-month lease of a 2012 QX56 4WD with 18,000 miles per year. Trying to figure out which makes more dollar sense. Do I go with the 18k/yr lease or do the 15k/yr and buy the additional miles upfront? I think they are 10 cent a mile, is that correct? What happens if you don't use extra miles if you purchase? Will Infiniti credit you the difference back?
  • logic_3logic_3 Posts: 26
    So it looks like the rates have chanaged for July. Can anyone confirm that for a 15k/39mth lease on the QX56 4WD, for A+ credit the base MF is now .00166 and the residual is 50%?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hey logic_3. The money factor that you were quoted is slightly high. Infiniti's July buy rate for a 36-month lease of this truck is only .00146.

    Car_man
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  • Does anyone know the MF and residual for August? I'm looking at the QX56. Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Sure carbuyer5896. Infiniti Financial Services' August buy rate lease money factor and residual value for a 36-month lease of a 2012 QX56 AWD with 15,000 miles per year are .00145 and 51%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • There is $1000 dealer cash on all QX's and IF you finance with IFS an additional $1000...nothing on the leases though.

    Of all the 2012 models, there are more QX in inventory than anything....I expect Infiniti will come out with more incentives soon. :)
  • Thank you for the information. Do you know the MF and residual for 12,000 miles? I am looking at a QX56 with a MSRP of 67,220. Any idea what a good lease price would be? They are offering a deal $835 for 39 months, $3999 initial payment ($3164 down payment, $835 1st month payment), does not include tax,title,license and options. 12,000 miles per year. MSRP 66240. Doesn't sound so great to me.
  • Here is my first lease offer. MSRP 67220. Selling price 63220. MF is .00146 and residual is 34954. Fees and taxes up front 5000. 39 months with 12,000 miles per year. Monthly payment $875. Seems a little high to me.
  • You're welcome carbuyer5896. Infiniti Financial Services' September buy rate lease money factor and residual value for a 36-month lease of a 2012 QX56 AWD with 12,000 miles per year are .00145 and 52%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • mini_me1mini_me1 Posts: 2
    edited September 2012
    What is considered top tier credit? My dealer is quoting .00166 MF on 39 month lease without running my credit.
  • 740+ on your beacon score...but they (IFS) look at other factors too...debt to income ratio, amount financed, terms - are you rolling in negative equity, etc.
  • What is the consensus on whether Infiniti will get more aggressive on price/leases on the 2012's as the 2013's come out?

    Mercedes is practically giving away 2012 GL450's at MSRP-$9000 and 68% residual / .0018 MF for 15k mi/yr / 24 months.
  • Car Man,

    Would you please help with October's numbers for a 2012 2WD QX56 in both 36/15k and 39/15k? Thank you.
  • Certainly spamsam. Infiniti Financial Services' October buy rate lease money factor and residual value for a 36-month lease of a 2012 QX56 2WD with 15,000 miles per year are .00148 and 53% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 39-month lease are .00149 and 52%.

    Car_man
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  • Much appreciated, sir.
  • You're very welcome spamsam.

    Car_man
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  • Hi Car_man,

    Thanks in advance for all your help!

    QX56 AWD 10k miles 39 month lease. Can you provide me with MF and residual?
  • Car man,

    Can you help me out with a lease payment. I qualify for top tier. I have a trade in which I usually don't like to do but want to get out of the vehicle. I would get $4,500 for the and would throw in $700. They QX has a $67,000 retail tag on it. What should I look at for payment. They are quoting $850.

    Thanks!
  • Hi cartman13. Infiniti Financial Services' October buy rate lease money factor and residual value for a 39-month lease of a 2012 QX56 AWD with 10,000 miles per year are .00148 and 55% for consumers who qualify for its top credit tier.

    Car_man
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  • Hi loomis661. At $1,000 over invoice I get an approximate zero down, pre-tax monthly payment of around $852 on this truck for 39 months with 12,000 mies per year.

    I'm not sure what you are saying about your trade. Do you mean that you have $4,500 in equity in it that you are applying towards this deal? If so, don't do it. you would be much better off having the dealer cut you a check for any equity that you have in your trade rather than using the proceeds from it as a capitalized cost reduction. I always advise consumers to put as little down as possible when leasing. Consumers who make large down payments on leased vehicles risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered.

    Car_man
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