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Infiniti EX35 EX37 Lease Questions

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Comments

  • Thank you, Car_man! This is what I needed.

    It's a good feeling to be an informed car buyer! :shades:
  • Hi...Can someone tell me the lbest money-factor and residual on an 2010 EX 35 Journey/Tech/Bose/Nav....MSRP 41+k....36 mos/15k....$0down. I'm in the Atlanta area. What kind of discount off the MSRP should I be looking for?
    Thanks.
  • kc9kc9 Posts: 4
    I posted this on another thread but it pertains more to this one:

    I have a lease offer on a 2010 EX35 AWD Journey. MSRP $43,360
    Selling Price $40,308
    $1000 down
    $531 per month not incl tax.
    15K miles per yr. 39 Mo lease.
    Any chance of getting the sales price down? Suggestions?
  • Hi Car_Man...I'm preparing to negotiate a 2010 EX lease and was planning to go in tomorrow, Black Friday. Would I be better off waiting til Dec? I'm looking at a
    RWD with nav, bose, tech...msrp $41k. What is latest mf and residual for 36 mos/15k? How much are they discounting off the msrp? Is the $2k loyalty program also available on top of the discount? I'm in the atlanta area.
  • You're very welcome, erik9108. I'm glad that I was able to help you out.

    Car_man
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  • Hi areway. Through the end of the year, Infiniti Financial Services' buy rate lease money factor and residual value for a 36 month lease of a 2010 EX35 Journey 2WD with 15,000 miles per year are .00121 and 54%, respectively.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hey areway. Through the end of the year Infiniti Financial Services' buy rate lease money factor and residual value for a 36 month lease of a 2010 EX35 RWD with 15,000 miles per year are .00121 and 57%, respectively.

    Infiniti is only providing a $500 loyalty discount on leases of this car. This allowance is paid by Infiniti and it should be taken off of whatever selling price you are able to negotiate with your dealer.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • mftmrtmftmrt Posts: 17
    Hi Car_man
    What are the current residuals and MFs for:
    2010 EX35 Journey RWD & AWD fully loaded except for TEC package
    39 months, 10K miles?

    Here's what I'm being quoted:
    AWD 57% .00154
    RWD 55% .00122

    Can't understand why the MF would differ between the two different versions.
  • This is a quote I got from a NY dealer, can I get some input if this is a good deal and if the fees are about right or not.
    2010 EX35 AWD Journey Premium Bose Navi Pkg
    39 months 12K miles $430 per month (need to add tax)
    $0 down payment
    $430 1st mo.
    $344 Registration Fee
    $299 Document Fee
    $595 Bank Fee

    Thanks All in Advance
  • kc9kc9 Posts: 4
    Leased a 2010 EX AWD Journey a few weeks back. Bose,Nave, prem pkg, 18inch wheels, roof rack & crossbar
    MSRP was $43,665.
    15,000 miles per year
    $1000 down which included 1st month fees....
    $549.00 per month which INCLUDES TAX. Phila area.
    Great vehicle. Fun to drive. Went from a BMW 530i.
  • waltazwaltaz Posts: 123
    Hey all,

    I have an '08 EX35, and my 24-month lease comes up in March. I love the vehicle, and am looking at leasing a 2010 EX. I'll do Journey with Nav, but not the funky technology package.

    What are the current incentives, money factors and residuals that Infiniti is offering for Jan on the 2010's? I may do it this month, rather than wait, if I can get a deal.

    Thanks much!
  • Hi mftmrt. Here's the details of Infiniti's new January lease program for you.

    Infiniti Financial Services' current buy rate lease money factor and residual value for a 39 month lease of a 2010 EX35 Journey AWD with 10,000 miles per year are .00137 and 60%, respectively.

    The numbers for a '10 Journey RWD are .00121 and 56%.

    The money factor for the AWD version of this vehicle is worse because its residual values are two points higher than the RWD version's residuals. Higher resids means that Infiniti doesn't have to provide as much money factor support to achieve the target payment that it wants this model to have.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Congratulations on getting your new EX, kc9. Thanks for taking the time to share the details of your lease with everyone. Real world examples like this are always helpful for people who are in the market for similar vehicles.

    If you haven't already, make sure to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well.

    Enjoy your new ride :shades: !

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi waltaz. The EX's lease program varies by trim level, term, and mileage allowance. For now, I will assume that you are interested in a 36 month lease of a 2010 EX35 AWD with 15,000 miles per year. Let me know if you want something different.

    Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 EX35 AWD with 15,000 miles per year are .00137 and 58%, respectively.

    The only cash incentive that Infiniti is currently providing on leases of this truck is $500 loyalty cash, that it sounds like you would qualify for.

    Car_man
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  • Even if the advertised cost of a lease stipulates that you will have to put down so much money --- usually with taxes and fees additional --- no leasing company I know of requires you to put down one dollar.

    Instead, after you negotiate the sale price of the vehicle --- then consider the residual (60% for an EX-35 2010 10,000 mile vehicle now) and the money factor (interest, found by multiplying by 2400) --- you can decide to roll over all this negotiated price and fees and taxes into monthly payments.

    I just did that with the leasing of an EX-35 at a tad above invoice, offered no money whatsoever --- not even first monthly payment---- and signed the lease for 36 months.

    ...

    Even if you have a trade-in, you do not have to use that money to reduce the monthly payment UNLESS you want to.

    ....

    I do have a tip: it's worth while to pay the price of wear-and-tear insurance --- which for 36 months and 10,000 miles cost about $830 --- unless you are certain your vehicle will be immaculate when you turn it in.

    That insurance covers dings, small dents, and torn leather seats ---- the latter especially vulnerable if you have a dog and let it ride in the car. Otherwise you may face large arbitrary turn-in fees that far exceed the insurance cost. And that cost can also be rolled into the monthly fees. (Whether the insurance cost could be negotiated downward --- probably it could be --- is up to you.. Frankly, I've never understood why people buying a $35,000 - $45,000 or more vehicle fret over two or three hundred dollars . . . must be a matter of gamesmanship.)

    ....

    Hope these tips help you. By the way, the new EX-35 is a superb vehicle, and my only quibble is that on the worn surfaces of California highways --- even if blacktopped over composite surfaces --- the road noise from the Michelin tires (17 inch) is fairly high.

    I had the same trouble with a 2006 Acura MDX with Michelin off-road tires, and switching to Continental tires reduced the road noise by about 30% or so --- noticeably so in any case. That vehicle I bought though. The leased ex-35 is another matter, and I'll wait until 1000 miles or so our on the tires and see whether the new tracking is less noisy. (The ex-35 engine is slightly noisier than the MDX's, but is still decent on that score. And the wind noise is pretty low too, though not the noise from other cars in the lanes near you . . . anyway, as low on that count as I'd like. But all the other qualities of the car are what they have been touted to be . . . so far anyway.)

    ..

    Michael
  • waltazwaltaz Posts: 123
    Thanks Car_man...

    What are the numbers for a 39-month lease (which they are pushing), and for the RWD version (we don't need AWD here in AZ)? Also, what is the decrease in residual to go with 18K or 20K miles per year?

    Thanks again,

    Walt
  • You're very welcome, Walt.

    Ohhhh, why don't you just rub my face in the fact that you don't need AWD in your fancy warm place as I sit here and watch the snow come down out my window :P . I kid, I kid :) .

    Infiniti Financial Services' current buy rate lease money factor and residual value for a 39-month lease of a 2010 EX35 RWD with 15,000 miles per year are .00122 and 55%, respectively.

    15,000 miles per year is the highest mileage allowance that IFS publishes residuals for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.

    Good luck and let make sure to let us know how everything turns out.

    Car_man
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  • jonas4jonas4 Posts: 17
    Car Man,
    I bought a G37 last month and now the wife is looking at leasing an EX35. The dealer is telling me that the residual on an AWD Journey is 54% (15k, 39mos), claiming it is 4% less than on a non-Journey AWD. Is this correct, or is the dealer trying to recover some profit from the good deal I got last month for the G. Thanks.
  • jayriderjayrider Posts: 3,195
    The higher priced journey depreciates more than the base because options like nav really tank at resale.
  • jonas4jonas4 Posts: 17
    BUT, Car Man in post #234 gave the residual for an AWD Journey (39 mos, 10K) at 60%. Going to 15K shouldn't lower the residual 6%.
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