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Infiniti JX Lease Questions

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  • npurvisnpurvis Member Posts: 13
    I'd love to know how you did with these numbers. Does this include loyalty? $1500?
  • oltex1oltex1 Member Posts: 2
    I did ok. went with the FWD, Prem + Theat. Did the max 9 MSDs ($4950) and 39 payments of $547..Nothing else out of pocket at signing besides the MSD payment and 1st mo.

    Specifically regarding loyalty...I think there was $1k
  • jnmchavez527jnmchavez527 Member Posts: 1
    I have this offer in the state of Texas

    58% depreciation
    MSRP $55,945
    Base Cap $52,000
    Cost Added (tax, acq fee, title) $4,250
    Cap Reduction $0.00
    Adjusted Cap Cost $56,250
    Residual Value $32448
    Term 39
    Money Market .00104 or 2.5 APR
    Payment $702

    I'm thinking of paying MSD, does any body know if in Texas MSD are calculated with payment and taxes include.

    Also is taxes paid in the full amount of vehicle and are part of the addede cost.
  • woodyduwoodydu Member Posts: 3
    edited June 2013
    Car-Man
    can you give me the MF and residual on JX for june?
    only need 12K mi per year
    top tier credit rating
    thanks!
    mark
  • mlog27mlog27 Member Posts: 2
    I was quoted 417/month for a JX AWD w/o any options with 2680 out of pocket including taxes and fees for 12k miles/yr. I have the Infiniti VPP program through my employer. My question is can I get this down to 400 a month with 1k total out of pocket for 15k miles? And how much more would the the nav package add to the monthly? I would be willing to use MSDs as others in the forum have mentioned.
  • greg0riogreg0rio Member Posts: 12
    Hello all. I have been reading the posts and you all have been so helpful. Can you please tell me if this is a good deal?

    msrp : $47,990
    net cap cost : $43,700
    money factor : .0001
    residual : .58
    security deposit : $3,150
    drive off : $956.18
    total due on delivery: $4,106.18

    base monthly payment: $413.97
    tax : $ 37.26
    payment : $451.23

    I am a little frustrated because I thought we had agreed on $436/mo (inc tax) with 12k miles. He now told me that was for 10k miles and the quote above is for 12k. If I agree to $436/mo with 12k, is it a good deal? Tis is my first lease. I always purchased. The salesman hadn't even heard of an MSD.
    Thanks in advance.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi npurvis. Infiniti Financial Services' June buy rate lease money factor and residual value for a 39-month lease of a 2013 JX35 AWD with 12,000 miles per year are .00104 and 60% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of the FWD version of this truck are .00080 and 58%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Certainly Mark. Infiniti Financial Services' June buy rate lease money factor an residual value for a 36-month lease of a 2013 JX35 AWD with 12,000 miles per year are .00103 and 61% for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • npurvisnpurvis Member Posts: 13
    I just leased the JX 35 AWD in South Florida, but I don't have all of the numbers in front of me. This is what I recall:

    MSRP: $51,585
    Fees: Approx. $2,600 (including $895 dealer, $700 bank fee, tags, etc.)
    39 Month Lease (12K/year)
    Monthly Payment: $485 (inclusive of 6% tax)
    Total Drive Off (including first month): $950
    Plus, I did 9 MSD's on the deal (about $4,050).

    I don't recall the exact selling price or adj. cap cost. I think I left a little money on the table, but was over it.
  • sk99sk99 Member Posts: 19
    Hi Car_Man,

    Can you let me know what the residual, money factor and any incentives for July (July 4th weekend) are? Interested in 39 months and 15,000 miles per year. Interested in the calculation for a JX35 Premium, Deluxe Touring, Theater Pckgs & Illuminated Kickplates.

    Thanks in advance.
  • donovan3856donovan3856 Member Posts: 1
    Here's my quiets after heckling and pitting dealers back and forth.
    I have 8 months on g25x lease and am 8500 over in miles,... The offer to get me into premium package jx 35 awd is 3150 down to cover miles and first month
    And than 599 a month with 12k in lease miles. This is down from 3500 and 640 a month.

    Is this a good nj deal? I had my pepe offer 3150 & 590 a month but dnt wana go up there for
    300 bucks
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Certainly sk99. Infiniti Financial Services' July buy rate lease money factor and residual value for a 39-month lease of a 2013 JX35 AWD with 15,000 miles per year are .00071 and 56% for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • sk99sk99 Member Posts: 19
    edited July 2013
    Thanks Car_Man, any other incentives for July? Also, what would paying the max MSD's do to the money factor? Thanks again!
  • tax_attytax_atty Member Posts: 24
    Can you give me the current money factor and residual for the 2013 JX35 AWD with 10K miles for both 36 and 39 months?

    Also, when are the 2014 Q60's hitting the showrooms?

    Thank you!
  • npurvisnpurvis Member Posts: 13
    Car-Man - Do you have July numbers for JX35 FWD W 15,000 miles? Are there any know incentives? Thanks!!!
  • ready4reddyready4reddy Member Posts: 2
    Hello-

    Newbie here –never leased a vehicle before, reading up on terminology, other posts and trying to make sense…I’d greatly appreciate help in deciding on a lease.

    Specifications of the vehicle: JX AWD, Midnight Garnet, Java, Maple, Premium Package, Theater Package, Deluxe Touring Package, Technology Package, Zip Code 19713 Invoice $51,822; MSRP $56,345)

    Preferred Lease: 3 Years or 39 Months with 12,000/Year

    Excellent Credit

    I’d like to make sure that I minimize on total money spent over the lease duration (still trying to understand MSD and how to use it in my favor)

    A local dealer made this offer:
    * Lease:
    * MSRP: $57,335.00
    * Sales: $51,664.00
    * Savings: $5,691.00

    * Total Sales Price and amount Leased : $50,244.00

    * Term 39 months
    * Payment: $505
    * Upfront Taxes: $1,936.65
    * Cash Down $1,400

    * Amount due at Signing $4,995,85

    * 39 months @ 12,000 miles per year = Monthly payment: $505

    Is this a good deal? The amount due at signing appears very high…

    Any/all help is greatly appreciated.
  • infiniti_4lifeinfiniti_4life Member Posts: 2
    edited July 2013
    The dealership buy me has about 20 -25 of them (yes I took pics, could not rest).

    What are the lease rates for 10k 39month lease on the QX60
  • tax_attytax_atty Member Posts: 24
    I assume you mean the dealer had 20-25 QX60's already. Where are you located? I need my car for the end of August and I spoke to 3 dealers in the NY area and all said the 2014's won't be out by then.

    Please post some of the pictures you took.

    Thank you!
  • infiniti_4lifeinfiniti_4life Member Posts: 2
    edited July 2013
    Yes the dealer does. Infiniti of Kansas City. couple of pics of the maroni stickers, and the one row of them (notice the new pale blue, and the 3.5 designation on the side of each of them)..

    Some pics here Pics

    My wife and I have bought several cars from Mark there and he is by far the best guy there. He is no BS. Tell him Adam sent you.

    I am still looking for the lease rates on these.

    Lease rates for 24 & 39 month 10k leases
  • rostiklarostikla Member Posts: 4
    edited July 2013
    Hi Car_Man,

    Can you please post July money factor and residual value for a FWD JX35? We are looking for 10k and 12k miles for 39 months.

    Thank you in advance for your assistance.

    Regards,

    RostikLa
  • tax_attytax_atty Member Posts: 24
    Thank you very much for the pictures of the window stickers.

    Couple interesting points. Although the AWD base MSRP went up by $300, the Premium Package (now split into Premium and Premium Plus) wend DOWN by $400 so overall the car will cost $100 LESS in 2014. Also, according to the window sticker, the heated steering wheel and the remote start are now included in the Premium Package on the QX60 versus having to buy the Technology Package on the JX35 to get those features. Now if I could just find a 2014 QX60 in NY by the end of next month.
    :)
  • nj_driver_mannj_driver_man Member Posts: 7
    I would appreciate else info from Car man and any other info or thoughts people might have.

    I want to get a JX35 for the MRs. And dealer of course is pushing the 2013's And i am trying to figure out if I am better off taking a 2013 now or waiting for the 2014 QX version...

    Does anyone have any thoughts on likely costs, etc. it seems clear that the QX would be Worth more at lease end.

    Also... Working with assumption I am going to take the 2013 please provide July money factor and residuals doe 36 month lease at 15k and 18k a year, wife wants loaded car with theater, premium, deluxe touring and tech. I think that may impact residuals,
  • tax_attytax_atty Member Posts: 24
    edited July 2013
    Dealers are definitely trying to get rid of the 2013's. The 3 dealers I spoke to told me that they wouldn't have the 2014's for a while. But when I told them I knew they were out in other states already, then remarkably all 3 dealers said they just got the 2014's in. Infiniti also wants to get rid of the 2013's, so I'm, guessing the lease rates on the 2014's will be high until stock of the 2013's is low. One dealer told me there is no leasing program yet on the 2014's this month. So if you need to lease the car this month you may have to stick with the 2013. Hopefully CarMan can shed some more light on this.
  • ready4reddyready4reddy Member Posts: 2
    Can you guys tell me if this is a decent deal for Jx35 2013 lease?

    MSRP: $57,825
    Sale Price : $51,730
    39 Months
    Down Payment: $3,500 (including title/tax, etc)
    Monthly: $530
    Money Factor for July: 0.00071

    Knowing the 2014's are coming in...will the dealer lower the rates?
  • nj_driver_mannj_driver_man Member Posts: 7
    Thanks for thoughts. I actually can wait. I am over mileage on an m37x and was going to take advantage of the pull forward program to stop burning 25c miles but was trying to figure out which would be the most economical. It seems unclear to me whether the 2014 is going to be more or less expensive without program info. As car will be the same I would not be surprised if configurations are a little richer for the same price in 2014 given where the yen is.

    Of course how it leases will be a function of what program they put out.
  • sk99sk99 Member Posts: 19
    Hi Car_Man, I just wanted to check in to see if you can let me know if MSD's are still in play and how to calculate them. Thanks again in advance!
  • cpyle77cpyle77 Member Posts: 22
    The money factors and residuals for the 2014 QX60 have been out all month. Dealers are happy to sell them too, just perhaps not as aggressively priced as a 2013 (typically $300-$500 under invoice plus incentives) and supplies of the 2014's will take a while to build up.

    Infiniti released this announcement on July 2nd:

    July IFS Lease Programs

    2013 G37 Coupe – increased IFS Lease Dealer Cash by $500 to $2,500 (39 month LPP unchanged)
    2014 QX60 - ~$60 LPP walk from MY13 JX
    2014 QX70 3.7 - ~$60 LPP walk from MY13 FX37
    2014 QX70 5.0 - ~$60 LPP walk from MY13 FX50

    *The $60 increase in LPP ( Lease Price Point) for the 2014 QX60, was based entirely on an increased money factor. This is identical to where they started a year ago when the JX35 was released. Now it's dropped way down to .00071.

    2014 QX60- .00144, (AWD)
    2013 JX35-00071 (AWD)

    The July residuals are exactly the same for both model years, across the board, with 39 months still being the best overall term (56% for 15k, 58%@ 12k and 59%@ 10k).

    The QX60 vehicle pricing isn't changing enough to impact anything ($100) although the lower levels of packaging are being tweaked to a more German sounding "Premium vs Premium plus" structure. Thank you Yohan de Nysschen...

    As I'm sure you know, $500 in excess mileage will be waived on your next lease regardless of when you do it, just as long as you have no damage that could eat up your credit. That may or may not buy you some time to think and observe what happens over the summer, which won't be much.

    If I was a betting man (and I am) I would bet Infiniti is resetting the 2014 LPP's and raising the money factors to the identical high point from 2013. Once all the 2013's are gone, they will slowly decrease them once again over the next 12 months, just like they always do.

    And the circle of life continues....

    Hope this helps, and good luck!
  • sk99sk99 Member Posts: 19
    Thanks cpyle77. Do you know if MSDs (Multiple Securoty Deposits are still offered? If so what is the calculation for each MSD? Thanks.
  • cpyle77cpyle77 Member Posts: 22
    Glad I could help. MSD's would be better for a 2014, but only if you were planning on using 8 or 9. With the 2013's, you can only apply 7, lowering the money factor from .00071 to .00001.

    With the 2014, you can use all 9, dropping it from .00144, to .00054.

    The program will work exactly the same way, with a minimum of 2 required to start, and a maximum of 9.

    Each one still reduces the m.f by .00010. (about a quarter point in terms of APR) On average this lowers the payment around $9 per month.

    To figure out how much each one will be, just take the base payment (before any monthly use tax or rate reductions are applied) and round up to the next $50 increment.

    For some odd reason, in New York state, the max amount of total security deposits applied can't exceed $750. This basically kills it for the state.

    Hope that helps!
  • nj_driver_mannj_driver_man Member Posts: 7
    Thanks so much for all he great info. It sounds like I am better off taking the 2013 as it will likely cost 60 less a month with little difference.

    (Btw... Do you think the same is true of a 2013 M vs 2014 as I am going to need one of them in next 90 days as well.)

    If you could let me know the following on the 2013 JX AWD program....
    Residual % for 39 months @ 18k
    And money factor (if different) and residuals for 36 month 15k and 18k.

    While I understand the 39 month looks stronger I need to compare with the 36 as if I do 39 at 18k (which given we moved out to burbs is likely the right number) I am closer to be out of warranty at end of term then I would like to be.

    And of course will do the max MSD's which, on the 2013, bring interest to close to zero.

    Thanks again for all the help!
  • tax_attytax_atty Member Posts: 24
    Thanks cpyle77. Understandable that the interest rate will be significantly higher on the 2014's while the 2013's are still around. I'm hoping that the interest rate on the 2014's will drop significantly next month since the supply of the 2013's should be drying up.

    With the Premium, Premium Plus and Theater Packages the 2014 is actually $100 less than the 2013 and now includes the remote start and heated steering wheel. Plus gas mileage is up 1MPG city & highway. I'm definitely sticking with a 2014 even if it costs me a few $ more.

    Really stinks that NY doesn't allow MSD's. I remember years ago BMW had a similar program that a friend of mine from NJ took advantage of but when I asked my dealer he said that it wasn't offered in NY. Didn't think much about it then, but now I understand why.
  • rostiklarostikla Member Posts: 4
    Hi Car_Man,

    Can you please post July money factor and residual value for a FWD JX35 W/PREMIUM PACKAGE? We are looking for 10k and 12k miles for 36 and 39 months.

    Thank you in advance for your assistance.

    Regards,

    RostikLa
  • nj_driver_mannj_driver_man Member Posts: 7
    I need 18k lease on JX. Would appreciate residual and MF for 36 and 39 months. I have 15 k numbers but don't know if you simply adjust residual down, and if so by how much??

    I really appreciate the help!
  • ericscott1ericscott1 Member Posts: 13
    So I am coming up on the end of my lease on my 2011 MDX. Priced out a 2013 JX yesterday fully loaded (we don't really want the theater package but all the remaining inventory has it). MSRP with some other misc stuff ($1,175 total) - roof rails, splash guards, crossbars, bumper protector is $57,520.

    I am doing a 39 month / 15k mile lease.

    Here is the deal they offered me - $599 a month with taxes, first month and fees down (works out to about $3,200 down).

    Residual is 56% and money factor is 0.00011.

    If my math is right I'm paying about $54,550.

    Is this a good deal?
  • tax_attytax_atty Member Posts: 24
    Sounds a little high actually. Edmunds TMV for a JX @ $57.5 MSRP is $53.1 and I've read in other forums of selling prices for fully loaded JX's just under $52.
  • ericscott1ericscott1 Member Posts: 13
    Is it possible that one dealership in Westchester NY could be offering a money factor of 0.00011 while another dealership in Greenwich CT could be offering 0.00071? Represents about $50 a month in terms of payment.
  • tga01tga01 Member Posts: 69
    Hi Carman

    Would you have the Lease rate and residual value for the JX AWD for 18,000 miles for 24,36, and 39 months.

    Also, are the rates different for AWD vs FWD ?

    Also, do you know if I can buy additional miles upfront on a Nissan lease and what the upfront mileage charge would be ?

    thanks in advance !!!
  • nutzzznutzzz Member Posts: 1
    I just leased a 2013 JX35 AWD with a MSRP of $54,400 for $599/ month 12K year $0 down except for first payment. Could have technically gotten a better deal but they threw in free oil changes and inspections for 39 months figured it saves us $600.

    Don't know what the MF or the Res. was and was tired of shopping!
  • tax_attytax_atty Member Posts: 24
    Good luck and enjoy the car!
  • andremikeandremike Member Posts: 67
    So online lists a jx awd with premium packahe wirh 10k miles for $469mo. With 3300 down. But that price is ixf I bought the car at msrp... rigjt? If i gwt the car at invoice which is almost $3000 under msrp and I still put 3300 down rhen my pYment should be around $390.. right?
  • tax_attytax_atty Member Posts: 24
    Looking for the August lease factors for both the 2013 JX35 AWD & the 2014 QX60 AWD for 39 months and 10K miles/month. Also do you know if there any other incentives on the JX or QX for the month?

    Thank you!
  • vp4689vp4689 Member Posts: 1
    Hello everyone,
    I am looking to lease a 2013 JX and here are the details from the dealership. Let me know if this is a good deal:

    56% residual for 15k per year over 39 months with a Money Factor of .0011

    2013 JX35 AWD SUV CVT
    DIAMOND SLATE

    GRAPHITE

    REAR BUMPER PROTECTOR
    DRIVER ASSISTANCE
    ILLUMINATED KICK PLATES
    MAPLE INTERIOR ACCENTS
    MID YEAR CHANGE
    PREMIUM PACKAGE
    ROOF RAILS
    SPLASH GUARDS
    50S 50 STATE EMISSION

    MSRP:
    $52,380

    INTERNET LEASE:
    $49,015 + fees

    Due at Signing: $5,239.56 (based on $3,799 initial payment as per lease special)

    Term: 39 months
    Mileage: 15k per year

    Pre-Tax Monthly: $507.98
    Mo inc Tax: $553.70
  • asb_njasb_nj Member Posts: 1
    Hi -

    I am trying to shop for a 2013 JX35 AWD - fully loaded for a lease. What would be a reasonable lease terms: 36 months, 12K. I need to know what aquitisiton fees, residual value, cap cost, and money factor will be considered a good deal.

    Note - I have excellent Credit history.

    Also, I have a vehicle to trade-in; will that make a difference in getting a good deal or should I try selling it separately.

    Trying to close a deal soon - appreciate a prompt responnse.

    Thanks
  • rostiklarostikla Member Posts: 4
    Hi Carman,

    Can you please post the money factor and residual value for FWD JX35 & QX60 with Premium packages on a 10K 39 month lease?

    Thank you in advance....
  • bjamin82bjamin82 Member Posts: 2
    I'm also interested in residual and money factor for 2014 QX60 both AWD and FWD fully loaded

    Thanks
  • maczmacz Member Posts: 9
    edited August 2013
    The due at signing seems a bit on the high side.

    As a basis of comparison, I got my JX AWD lease 15k miles per year for $530/month for 39 months and paid $1,400 at signing - which included the first month (the rest of it was some concocted dealer nonsense that I really didn't care about). This was 3 weeks ago.

    While my car does not have the driver assistance and maple accents, the MSRP is about $50k. Also, I'm in Texas where the sales tax is assessed on the entire purchase price (instead of just the use portion of the lease), so I've got that disadvantage built into my monthly payment. One thing I'll note was that I was coming off the lease on my G37xS and that helped with reducing some the sales tax. Infiniti waived the last payment and the lease turn in fee of $395 (can't recall the exact number).

    I emailed every single dealer within reasonable driving distance and put one against each other. At the end of day, I got tired of all those emails and picked the lowest one at that time. However if I continued I suspect I could have gotten it down some more. Seemed to me that there was more wiggle room because they all didn't hesitate to go lower than the next guy at $10 increments.

    YMMV depending on your state, but I think Texas is not a very good state to lease cars from due to the sales tax position.
  • rostiklarostikla Member Posts: 4
    Hi Carman - An update on the money factor and residuals would be great as we are looking to lease this weekend and would appreciate having the "advantage". Also, outside of the purchase price and $700 acquisition fee, what other fees should we expect on an Infiniti lease?

    Thank you much...
  • tax_attytax_atty Member Posts: 24
    I just closed a deal for a 2013 JX35. MSRP was $54,190 including Premium, Theater and Driver Assistance packages plus other miscellaneous options. I'm paying $521/month for 39 months with 10K miles/year. I'm paying the bank fee and the NYS sales tax up front. I think I did pretty good, what do you think?

    I was told the residual for 10K was 59% on both the JX35 and the QX60. The interest factor however is .00071 for the JX35 and .00144 for the QX60. I could have had a similar QX60 with a MSRP around $52K (no Driver Assistance Package but heated steering wheel and remote start is now included in Premium Plus) for $553/month.
  • riv5riv5 Member Posts: 1
    Can you tell me which dealership and salesperson you worked with?
    I'm struggling to find even base jx with 20k mikes lease for under $600 a month;
  • tax_attytax_atty Member Posts: 24
    I am using Infiniti of Massapequa and my salesperson is Lamont. Good luck.
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