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Infiniti EX35 EX37 Lease Questions

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Comments

  • jayriderjayrider Posts: 3,262
    The 3k is for buying only -- not the lease.
  • My best deal in Orlando/Tampa, so far is $1,500 down (plus $500 Infiniti loyalty) and 38 x $475 per month, including tax, for an EX35 Journey, RWD, Bose/RearView/Nav, Rails, Splash, Black/Black, 12K per year, 39 months.

    When you consider the 'special offer' is $3999 + 38 x $399 for 10K, PLUS. tags, title, tax, fees, etc. for a total of approx. $22,300.

    I don't think I can better the deal when it includes 12K miles per annum and only costs me approx. $19,550 ? anyone ?
  • pureriverpureriver Posts: 2
    For 2010 EX AWD Journey navi/bose/all view monitor package I was quoted follwing.

    10Kmiles/year
    39 months
    $3218 due at signing
    $444 per month.

    What do you guys think?
  • jayriderjayrider Posts: 3,262
    Way to much due at signing. Roll everything but the first payment into the lease and do it right.
  • Is this a good offer ?

    10K miles/yr, 39 month lease
    2010 EX AWD Journey, Bose AVM, Navi, Premium ,and 18" Wheels.
    total $1546 due at signing, includes acq. fee, first month payment, tax, title, etc.

    $534.39 per month, MI taxes included

    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Awesome username coolwolverine :). The easiest way for me to evaluate this deal would be to look at this vehicle's selling price in relation to its full MSRP. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how large a dealer discount you are being given. Let us know what this EX's MSRP and selling price are and I'm sure that either myself or another knowledgeable community member will gladly let you know what they think.

    Car_man
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  • khtjjkhtjj Posts: 3
    Hello, I just started looking for the EX35.
    I'm currently looking at AWD EX35 Journey MSRP 38625 with selling price 37000.
    $2000 Downpayment and $480 per month for 39 months. 12000 miles / year
    This is non-negotiated deal. How much lower do you guys think I can go down?
    Any comments would be appreciated!
  • khtjjkhtjj Posts: 3
    Anyone please see if this deal is good?

    I brought it down to
    1000 drive off, $480 per month for 39 months.
    EX35 AWD Journey, no options, 15000 miles per year.

    should I pick it up? :confuse:
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi khtjj. This offer is obviously better than the previous one. What's the selling price for this one? Let us know and I'm sure that either myself or another knowledgeable community member will tell you what they think.

    Car_man
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  • smart_cookiesmart_cookie Posts: 1
    edited August 2010
    Flew out to Minneapolis from Los Angeles to help my 76 year old mother lease a 2010 EX35 AWD Journey with no navigation or premium package. 10,000 miles per year. There are only 2 Infiniti dealerships in Minneapolis/ St Paul area--one in Golden Valley and the other in Bloomington..
    Leased at Lupient in Golden Valley for $3,000 out the door and 38 payments of $453 Did I get a good deal or should it have been lower?.
    Golden Valley dealership says they also put on wheel locks, sealant on the car and rubber all weather mats for the snow (adds $800 to cost) and Bloomington does none of that. Did I do ok in negotiating?
  • Hi Carman,

    Can you post the current residual and money factor for the 2010 ex35 awd journey for 36 months, 12k and 15k miles.

    Thanks so much!
  • CarMan can you give us the MF and RV on the 2010 EX35 AWD and Journey too for September? Thanks!
  • Oops, Car man! Sept. RV and MF for 2010 AWD EX35 with and without Journey, 12k and 15k. And any other info.
    Thanks again.
  • mixwellmixwell Posts: 14
    edited September 2010
    so, test drove today and was actually very impressed. Fast, smooth, quiet, elegant inside. I'll take it! but first, let me know what you think . . .

    EX35 journey AWD
    w/ all the techno goodies
    39 month lease
    MSRP $40,900
    asking $37,000 (roughly --> I don't remember the exact figure)
    12K miles/yr
    residual at 55%
    money rate 4.4%

    payments came to about $490/mos

    I have a trade in that we agreed on $12,750 (and still owe $1400 that they are including in total). I will roll all this right into the first set of payments and then prorate the remaining payments.

    payments now at $280/mos for 39 mos.

    seems pretty fair to me. I think the asking price was about $600 over invoice.

    any thoughts
  • I would say anything over invoice on this horribly selling car it too much.

    You should never put that much money down on a lease. Have them cut you a check for the trade and put it int he bank.

    Perfect explanation from leasecompare.com:

    Because you pay for the use of a vehicle during a lease, you should put as little money down as possible, up front. Although putting money down can lower your lease payments (by reducing your capitalized cost) in most cases it cannot be regained in the event of early termination due to a loss.

    For example, a customer once leased a Toyota 4Runner and put $3,000 down as a cap reduction. Five months later the vehicle was totaled in an accident. The client's insurance paid its portion of the lease payoff and Gap Insurance paid the balance. Our client walked away with only paying his insurance deductible but he did not get reimbursed for his initial down payment of $3,000. It was lost.

    The moral of this true story is to put as little money down as possible,ideally no money down. Here are some other things to consider:

    - Take the money you would have put down (trade) and invest it
    - Put your down payment (treade) in a savings account and use a portion each month to help make your lease payment
  • 2010 INFINITI EX35 2WD
    36-month | 15k miles | residual 54% | .00084 base money factor

    2010 INFINITI EX35 2WD JOURNEY
    36-month | 15k miles | residual 51% | .00084 base money factor

    2010 INFINITI EX35 AWD
    36-month | 15k miles | residual 55% | .00119 base money factor

    2010 INFINITI EX35 AWD JOURNEY
    36-month | 15k miles | residual 53% | .00119 base money factor

    Add 2% to residual for 12k. 3% for 10k miles per year.
  • Is Infiniti offering lease rates on the 2010 EX35 Journey AWD? If so 39 month and what would the residual and money factor be? Additional rebates? Thanks.
  • Yes, jenonry2, Infiniti is still providing lease support on the 2010 EX. IFS' buy rate lease money factor and residual value for a 39 month lease of a '10 EX35 Journey AWD with 15,000 miles per year are .00087 and 51%, respectively for consumers who qualify for its top credit tier.

    Infiniti is currently providing a $1,000 cash incentive that is compatible with this special lease program.

    Car_man
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  • Car Man,

    I am looking for the residual and money factor numbers on a 2011 EX35 Journey AWD with Touring and Premium (no Tech) for 15,000 miles a year for 36 or 39 months.

    I really appreciate your help. Happy Holidays!
  • Happy Holidays to you as well, pmannymo.

    Infiniti Financial Services' December buy rate lease money factor and residual value for a 36 month lease of a 2011 EX35 Journey AWD with 15,000 miles per year are .00174 and 57%, respectively.

    The numbers for an otherwise identical 39 month lease are .00171 ad 55%.

    Car_man
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  • Hi,

    Can you please help me understand what would be the monthly payment for a 2011 Infiniti EX Journey RWD +Premium package (MSRP $39,925 and Invoice $37,511).

    I am looking 15K miles per year 36 Months or 39 Months.

    Thank you,
    Harsha
  • I'd be happy to help you out, Harsha. According to my calculations, if you were to lease a 2011 Infiniti EX35 Journey RWD that has an MSRP of $39,925 and a selling price of $38,011 ($500 over invoice) through Infiniti Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $521.

    The payment for an otherwise identical 39 month lease would be around $505.

    Car_man
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  • Thanks for responding car_man. I am getting similar numbers form the dealers here in Charlotte. However I feel these lease rates are steep. Are there any promotions on EX right now? I am currently leasing a 2008 G Sedan due to end in Feb. Do you suggest waiting until my lease ends?

    Thanks again,
    Harsha.
  • You're welcome, chava0121.

    Infiniti is currently providing a special financing program consisting of 0.9% financing for up to 3 years, 1.9% for for to five years, and 2.9% for six years or $2,000 dealer cash or the aforementioned lease program on the 2011 EX35.

    I personally would wait until February to get something new if I was in your situation.

    Car_man
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  • jag777jag777 Posts: 2
    Will Infinity negoitiate the buy back at the end of the lease. My last payment is May 20, 2011 and the car will have 47,000 miles at the end of a 39 month lease. The buy back will be $24,500 which I believe will be above market. I understand the manufactures have stopped insuring the residual values.
  • topgun7topgun7 Posts: 409
    I understand the manufactures have stopped insuring the residual values.

    You can give Infiniti a call after they send you the lease end inspection letter (typically 1 1/2 months or so before lease end) but don't have you hope too high.. I leased at least 12 or so vehicles and the only one that lower the residual is Mercedes on an 05 CLK55 (lease ended Jun 08, the worst financial crisis we had for a while). But Infiniti will send you car to auction and you can pay someone (a used car dealer, your infiniti dealer etc.) to follow the auction and bid on the car for you (and you pay some extra to them for their profit). Not sure what you mean by stop insuring the residual value....
  • Good idea. Thank you.

    What I meant by "insuring the residual value" is that I understand up until a few years ago third party insurance co's insured the end of lease term residual value until these insurance costs became prohibative
  • qumequme Posts: 1
    Do you expect new incentives in February?
    Any ideas?
  • Hi qume. I suspect that Infiniti's February programs will be very similar to its current programs...but there's always a chance that it will change things up a little. If I had to make an educated guess, I would say that the Feb. programs will be at least as good as its current ones. Having said that, it's always difficult to predict exactly what manufacturers will do with their future programs.

    Car_man
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  • Could someone lend a hand on figuring out monthly payments? I am looking at an EX Journey AWD - MSRP is $41,325. My lease on FX is up this month - I just want to put down fees/taxes and first month. What is the best I can do on a monthly basis - will go 36,39 or 42 - 1,000 miles a month.
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