2014 Infiniti Q50 Lease Questions

jsyharath

IMichaell said:

Hi All- I'm new to leasing and was wondering if this is a good deal? I received this quote from a local dealer (So Cal) 2014 INFINITI Q50 91314 4dr Sdn Premium includes the following below: [L11] FLOOR MATS [L94] CARGO PACKAGE W/SPARE TIRE PACKAGE -inc: Trunk Mat Cargo Net First Aid Kit [N92] ILLUMINATED KICK PLATES [S55] LITERATURE KIT [U01] NAVIGATION PACKAGE PURCHASE OPTION Vehicle Price: $43,005.00 AutoNation Savings: - $7,301.00 Vehicle Selling Price: $35,704.00 Sales Tax (estimate): + $2,865.05 Tag/Registration Fees (estimate): + $303.00 Tire/Battery/MVWEA: + $8.75 Smog Abatement Fee: + $20.00 Documentation Fee: + $80.00 Electronic Filing: + $29.00 Balance Due (estimate): $39,009.80 39 month lease, cash due includes 1st month payment/taxes and monthly payments below include taxes. Cash Due- 10K 12K 15K Miles - $0- $408 $420 $444 $1,750- $359 $371 $395 $2,750- $333 $345 $369

Well, I'd first like to point out that whoever built this quote doesn't understand how sales tax for a lease is calculated in CA - the monthly payment only is taxed, not the value of the car. So, the Balance Due should be decreased by the $2865.05, making it $36,144,75. The 39 month, 15K residual is 52% for the Q50 RWD Premium, and the MF is .00027. When I plug in the updated cap cost and your MSRP, I get a pre-tax payment of $369.19 (this is with $0 down). As the residuals get larger with fewer miles per year, the payment will only decrease if you choose 12K or 10K miles per year ($347.36/mo pre-tax for 12K, and $336.45/mo pre-tax for 10K). Sales tax is then applied to this pre-tax payment each month. I think your dealer is inflating the MF on you for extra profit. Explain to them politely but firmly that you won't sign a deal with an inflated MF.

I took your advise and they countered at the following:

PURCHASE OPTION   Vehicle Price: $43,005.00     AutoNation Savings: - $7,801.00     Vehicle Selling Price: $35,204.00           Sales Tax (estimate): + $2,825.05     Tag/Registration Fees (estimate): + $300.00     Tire/Battery/MVWEA: + $8.75     Smog Abatement Fee: + $20.00     Documentation Fee: + $80.00     Electronic Filing: + $29.00     Balance Due (estimate): $38,466.80	No Trade-In
LEASE OPTIONS Cash Due 39 months  15,000 Miles $0 $417 $1,750  $368 $2,750  $342

Michaell

jsyharath said:

IMichaell said:

Hi All- I'm new to leasing and was wondering if this is a good deal? I received this quote from a local dealer (So Cal)

2014 INFINITI Q50 91314 4dr Sdn Premium includes the following below:

[L11] FLOOR MATS
[L94] CARGO PACKAGE W/SPARE TIRE PACKAGE -inc: Trunk Mat Cargo Net First Aid Kit
[N92] ILLUMINATED KICK PLATES
[S55] LITERATURE KIT
[U01] NAVIGATION PACKAGE

PURCHASE OPTION
Vehicle Price: $43,005.00
AutoNation Savings: - $7,301.00
Vehicle Selling Price: $35,704.00

Sales Tax (estimate): + $2,865.05
Tag/Registration Fees (estimate): + $303.00
Tire/Battery/MVWEA: + $8.75
Smog Abatement Fee: + $20.00
Documentation Fee: + $80.00
Electronic Filing: + $29.00
Balance Due (estimate): $39,009.80

39 month lease, cash due includes 1st month payment/taxes and monthly payments below include taxes.

Cash Due- 10K 12K 15K Miles -
$0- $408 $420 $444
$1,750- $359 $371 $395
$2,750- $333 $345 $369

Well, I'd first like to point out that whoever built this quote doesn't understand how sales tax for a lease is calculated in CA - the monthly payment only is taxed, not the value of the car.

So, the Balance Due should be decreased by the $2865.05, making it $36,144,75.

The 39 month, 15K residual is 52% for the Q50 RWD Premium, and the MF is .00027. When I plug in the updated cap cost and your MSRP, I get a pre-tax payment of $369.19 (this is with $0 down). As the residuals get larger with fewer miles per year, the payment will only decrease if you choose 12K or 10K miles per year ($347.36/mo pre-tax for 12K, and $336.45/mo pre-tax for 10K).

Sales tax is then applied to this pre-tax payment each month.

I think your dealer is inflating the MF on you for extra profit. Explain to them politely but firmly that you won't sign a deal with an inflated MF.

I took your advise and they countered at the following:

PURCHASE OPTION   Vehicle Price: $43,005.00     AutoNation Savings: - $7,801.00     Vehicle Selling Price: $35,204.00           Sales Tax (estimate): + $2,825.05     Tag/Registration Fees (estimate): + $300.00     Tire/Battery/MVWEA: + $8.75     Smog Abatement Fee: + $20.00     Documentation Fee: + $80.00     Electronic Filing: + $29.00     Balance Due (estimate): $38,466.80	No Trade-In
LEASE OPTIONS Cash Due 39 months  15,000 Miles $0 $417 $1,750  $368 $2,750  $342

Nope .. still too high. 36/15 payment with $0 down, pre-tax is $369.19; add 9% tax and that takes the payment to $402.42/mo.

I don't understand why they are adding the sales tax to the negotiated price - CA taxes the payment each month.

Have them explain how they get to the $38466.80 number.

jzaid84

So I have a deal sitting in front of me from a dealer here in Houston. Here are the details:
2014 Q50 Sport
Deluxe Touring
Navigation
Technology
Ambient Lighting
Welcome Lighting
Illuminated Kick PLates

MSRP $53,160

There are also 3 added dealer options:
Tint
Nitrogen Filled Tires
Black Wrap on Roof (White Vehicle)
So I am not sure what total MSRP is

NET Cap Cost is $47,800

Only thing due at signing is $848.30

39 Months, 10K Per Year

Monthly payment is at 558.97 including all taxes, etc.

I think it can be better!

What do you guys think?

Michaell

jzaid84 said:

So I have a deal sitting in front of me from a dealer here in Houston. Here are the details:
2014 Q50 Sport
Deluxe Touring
Navigation
Technology
Ambient Lighting
Welcome Lighting
Illuminated Kick PLates

MSRP $53,160

There are also 3 added dealer options:
Tint
Nitrogen Filled Tires
Black Wrap on Roof (White Vehicle)
So I am not sure what total MSRP is

NET Cap Cost is $47,800

Only thing due at signing is $848.30

39 Months, 10K Per Year

Monthly payment is at 558.97 including all taxes, etc.

I think it can be better!

What do you guys think?

39/10 residual is 55% for Q50 Sport RWD. MF is .00027. With your MSRP and net cap cost, I get a pre-tax payment of $496.75/mo for 39 months.

Remember that in Texas the entire cap cost is subject to sales tax, which really jacks up the monthly payment. $559/mo seems to be a fair price considering that.

jzaid84

Michaell said:

jzaid84 said:

So I have a deal sitting in front of me from a dealer here in Houston. Here are the details:
2014 Q50 Sport
Deluxe Touring
Navigation
Technology
Ambient Lighting
Welcome Lighting
Illuminated Kick PLates

MSRP $53,160

There are also 3 added dealer options:
Tint
Nitrogen Filled Tires
Black Wrap on Roof (White Vehicle)
So I am not sure what total MSRP is

NET Cap Cost is $47,800

Only thing due at signing is $848.30

39 Months, 10K Per Year

Monthly payment is at 558.97 including all taxes, etc.

I think it can be better!

What do you guys think?

39/10 residual is 55% for Q50 Sport RWD. MF is .00027. With your MSRP and net cap cost, I get a pre-tax payment of $496.75/mo for 39 months.

Remember that in Texas the entire cap cost is subject to sales tax, which really jacks up the monthly payment. $559/mo seems to be a fair price considering that.

He sent me the work sheet, here are the break downs of fees, tax, etc:
Capitalized Cost - $46,586.65
Tax - $2,911.67
Bank Fee - $700
Total Cap - $50,198.32
Residual - 55% - $29,238.00
Total Depreciation - $20,960.32

Depreciation - $537.44
Rent - $21.45
Monthly Payment - $558.89

Rate - 0.270
Term - 39 Months

Doc Fee - $125
License Fees - $131
Advance Payments - $558.89
Total Drive Off - $814.89

The one thing not listed is what the cost is for the 3 added dealer options of Tint, Nitrogen Filled Tires, and Black Wrap on roof which is added on top of the MSRP of $53,160. I am assuming you can't residualize options like that?

jzaid84

Michaell said:

jzaid84 said:

So I have a deal sitting in front of me from a dealer here in Houston. Here are the details:
2014 Q50 Sport
Deluxe Touring
Navigation
Technology
Ambient Lighting
Welcome Lighting
Illuminated Kick PLates

MSRP $53,160

There are also 3 added dealer options:
Tint
Nitrogen Filled Tires
Black Wrap on Roof (White Vehicle)
So I am not sure what total MSRP is

NET Cap Cost is $47,800

Only thing due at signing is $848.30

39 Months, 10K Per Year

Monthly payment is at 558.97 including all taxes, etc.

I think it can be better!

What do you guys think?

39/10 residual is 55% for Q50 Sport RWD. MF is .00027. With your MSRP and net cap cost, I get a pre-tax payment of $496.75/mo for 39 months.

Remember that in Texas the entire cap cost is subject to sales tax, which really jacks up the monthly payment. $559/mo seems to be a fair price considering that.

He sent me the work sheet, here are the break downs of fees, tax, etc:
Capitalized Cost - $46,586.65
Tax - $2,911.67
Bank Fee - $700
Total Cap - $50,198.32
Residual - 55% - $29,238.00
Total Depreciation - $20,960.32

Depreciation - $537.44
Rent - $21.45
Monthly Payment - $558.89

Rate - 0.270
Term - 39 Months

Doc Fee - $125
License Fees - $131
Advance Payments - $558.89
Total Drive Off - $814.89

The one thing not listed is what the cost is for the 3 added dealer options of Tint, Nitrogen Filled Tires, and Black Wrap on roof which is added on top of the MSRP of $53,160. I am assuming you can't residualize options like that?

nubelease123

nubelease123 Posts: 1
October 20
Will someone please tell me if this is a good deal.

Q50a 2014

I was quoted, 39 month 15k miles a year.

3000 down, i unfortunately do not know what its being applied too.

And my monthly would be $369 a month. They did throw in the dent and ding protection which is included in that price.

I believe the msrp is 40,855

Is there any way i can get NAV too for arounfd389 a month?



Flag
MichaellMichaell ColoradoPosts: 6,373
October 20

nubelease123 said:

Will someone please tell me if this is a good deal.

Q50a 2014

I was quoted, 39 month 15k miles a year.

3000 down, i unfortunately do not know what its being applied too.

And my monthly would be $369 a month. They did throw in the dent and ding protection which is included in that price.

I believe the msrp is 40,855

Is there any way i can get NAV too for arounfd389 a month?



We would need to know the negotiated selling price and any out of pocket costs at lease inception to fully evaluate the deal.

Which trim level is this? Base, premium or sport?



Ok, I got more details for you.

Residual they say they are using is 53% its an AWD premium trim Q50a

Government fees: 33.50
Proc/Doc Fees: 250
Capitalized Taxes: 934.77
Acquisition Fee: 700
Gross Cap Cost: 38,343.86
Tradepayoff: -289.00
NEt Cap Cost: 36,170.13



Hope the above information helps!

Michaell

jzaid84 said:

Michaell said:

jzaid84 said:

So I have a deal sitting in front of me from a dealer here in Houston. Here are the details:
2014 Q50 Sport
Deluxe Touring
Navigation
Technology
Ambient Lighting
Welcome Lighting
Illuminated Kick PLates

MSRP $53,160

There are also 3 added dealer options:
Tint
Nitrogen Filled Tires
Black Wrap on Roof (White Vehicle)
So I am not sure what total MSRP is

NET Cap Cost is $47,800

Only thing due at signing is $848.30

39 Months, 10K Per Year

Monthly payment is at 558.97 including all taxes, etc.

I think it can be better!

What do you guys think?

39/10 residual is 55% for Q50 Sport RWD. MF is .00027. With your MSRP and net cap cost, I get a pre-tax payment of $496.75/mo for 39 months.

Remember that in Texas the entire cap cost is subject to sales tax, which really jacks up the monthly payment. $559/mo seems to be a fair price considering that.

He sent me the work sheet, here are the break downs of fees, tax, etc:
Capitalized Cost - $46,586.65
Tax - $2,911.67
Bank Fee - $700
Total Cap - $50,198.32
Residual - 55% - $29,238.00
Total Depreciation - $20,960.32

Depreciation - $537.44
Rent - $21.45
Monthly Payment - $558.89

Rate - 0.270
Term - 39 Months

Doc Fee - $125
License Fees - $131
Advance Payments - $558.89
Total Drive Off - $814.89

The one thing not listed is what the cost is for the 3 added dealer options of Tint, Nitrogen Filled Tires, and Black Wrap on roof which is added on top of the MSRP of $53,160. I am assuming you can't residualize options like that?

I don't think dealer installed options can be residualized. I think all three are probably overpriced - see how much you can negotiate off the dealer prices.

My numbers work out exactly as yours ... to the penny.

So, the only way to reduce the payment is to negotiate a lower selling price.

Michaell

nubelease123 said:

nubelease123 Posts: 1
October 20
Will someone please tell me if this is a good deal.

Q50a 2014

I was quoted, 39 month 15k miles a year.

3000 down, i unfortunately do not know what its being applied too.

And my monthly would be $369 a month. They did throw in the dent and ding protection which is included in that price.

I believe the msrp is 40,855

Is there any way i can get NAV too for arounfd389 a month?

Flag
MichaellMichaell ColoradoPosts: 6,373
October 20

nubelease123 said:

Will someone please tell me if this is a good deal.

Q50a 2014

I was quoted, 39 month 15k miles a year.

3000 down, i unfortunately do not know what its being applied too.

And my monthly would be $369 a month. They did throw in the dent and ding protection which is included in that price.

I believe the msrp is 40,855

Is there any way i can get NAV too for arounfd389 a month?

We would need to know the negotiated selling price and any out of pocket costs at lease inception to fully evaluate the deal.

Which trim level is this? Base, premium or sport?

Ok, I got more details for you.

Residual they say they are using is 53% its an AWD premium trim Q50a

Government fees: 33.50
Proc/Doc Fees: 250
Capitalized Taxes: 934.77
Acquisition Fee: 700
Gross Cap Cost: 38,343.86
Tradepayoff: -289.00
NEt Cap Cost: 36,170.13

Hope the above information helps!

The 39/15 residual for the 2014 Q50 Premium AWD is 52%; MF is .00012.

With the MSRP of $40,855 and a net cap cost of $36,170.13, I get a pre-tax payment of $389.60/mo for 39 months.

sam_duke

Hi There,

I have been offered a following deal for Q50 AWD Premium with Navigation (in VA).  I would like your thoughts:

HERE ARE THE TRUE NUMBERS YOU REQUESTED FROM ME THE MSRP OF THE CAR IS $45300.00  WITH NAV AND AWD , PREM PACKAGE.

 THE SALE PRICE $ 39166.00

RESIDUAL OF 52% = 23,566.40

THE MONEY FACTOR USED FOR THE Q50 IS .00027

THE PAYMENT WITH NO MONEY DOWN . NO TAX'S NO FEES  ONLY  THE FIRST PAYMENT WILL BE DUE AT THE TIME OF DELIVERY ( 443.98)

SO THE PAYMENT IS 39 MONTHS X $ 443.98   000000000 MONEY DOWN....

I would appreciate your help and time.

kyfdx

sam_duke said:

Hi There,

I have been offered a following deal for Q50 AWD Premium with Navigation (in VA).  I would like your thoughts:

HERE ARE THE TRUE NUMBERS YOU REQUESTED FROM ME THE MSRP OF THE CAR IS $45300.00  WITH NAV AND AWD , PREM PACKAGE.

 THE SALE PRICE $ 39166.00

RESIDUAL OF 52% = 23,566.40

THE MONEY FACTOR USED FOR THE Q50 IS .00027

THE PAYMENT WITH NO MONEY DOWN . NO TAX'S NO FEES  ONLY  THE FIRST PAYMENT WILL BE DUE AT THE TIME OF DELIVERY ( 443.98)

SO THE PAYMENT IS 39 MONTHS X $ 443.98   000000000 MONEY DOWN....

I would appreciate your help and time.

That looks pretty good... The base MF is .00012, though. Maybe, the MF is increased to account for no security deposit?

With those numbers, I calculate $417/mo, but that doesn't include the acquisition fee or tax, so looks pretty close.

skrochek

Looking at a fully loaded(moonroof, leather, technology, deluxe touring 2014,spare tire) q50 awd premium 10k miles 39 month lease)..dealer also throwing in remote start...does anyone know MSRP, money factor, loyalty incentives, residual...thanks for the help...btw deal is everything in....payments...479/month due at signing $657 plus DMV..good deal? Thanks eveyone!

sam_duke

kyfdx said:

sam_duke said:

Hi There,

I have been offered a following deal for Q50 AWD Premium with Navigation (in VA).  I would like your thoughts:

HERE ARE THE TRUE NUMBERS YOU REQUESTED FROM ME THE MSRP OF THE CAR IS $45300.00  WITH NAV AND AWD , PREM PACKAGE.

 THE SALE PRICE $ 39166.00

RESIDUAL OF 52% = 23,566.40

THE MONEY FACTOR USED FOR THE Q50 IS .00027

THE PAYMENT WITH NO MONEY DOWN . NO TAX'S NO FEES  ONLY  THE FIRST PAYMENT WILL BE DUE AT THE TIME OF DELIVERY ( 443.98)

SO THE PAYMENT IS 39 MONTHS X $ 443.98   000000000 MONEY DOWN....

I would appreciate your help and time.

That looks pretty good... The base MF is .00012, though. Maybe, the MF is increased to account for no security deposit?

With those numbers, I calculate $417/mo, but that doesn't include the acquisition fee or tax, so looks pretty close.

Thank you sir... I will try to go back and see if they will adjust the money factor. I appreciate your help.

Michaell

skrochek said:

Looking at a fully loaded(moonroof, leather, technology, deluxe touring 2014,spare tire) q50 awd premium 10k miles 39 month lease)..dealer also throwing in remote start...does anyone know MSRP, money factor, loyalty incentives, residual...thanks for the help...btw deal is everything in....payments...479/month due at signing $657 plus DMV..good deal? Thanks eveyone!

You can use the pricing tools at the top of the page to get MSRP and target pricing. Using the "Car Research" tab will take you to the current incentives.

MF is .00012 and 39/10 residual is 55%.

frog169

Hey Everyone, I need some assistance. Ive never Leased a car this will be my first one... Please advise if this is a good deal or if i can get better...

2014 Q50S AWD, Deluxe touring and Navi package.

MSRP: 50,405.00
Residual Value: 27,722.75
Initial Cap cost: 44,500
Bank Acq: 795.00
Adj cap cost: 45295
License: 400
Term: 39 Months
MF: .00012

Down/Drive off fee: aprox 1000. My Payment would be 459 + tax

They said if i put 1950 down instead of just the 1000 , my payment would be 400+ tax.

CA does do MSDs by the way i asked they said with the current rate its not worth it since it would barely touch it since its only costing 11/month in finance fees.


FYI, Dealer used the 3,000 Dealer Cash towards my fees/down.

kyfdx

frog169 said:

Hey Everyone, I need some assistance. Ive never Leased a car this will be my first one... Please advise if this is a good deal or if i can get better...

2014 Q50S AWD, Deluxe touring and Navi package.

MSRP: 50,405.00
Residual Value: 27,722.75
Initial Cap cost: 44,500
Bank Acq: 795.00
Adj cap cost: 45295
License: 400
Term: 39 Months
MF: .00012

Down/Drive off fee: aprox 1000. My Payment would be 459 + tax

They said if i put 1950 down instead of just the 1000 , my payment would be 400+ tax.

CA does do MSDs by the way i asked they said with the current rate its not worth it since it would barely touch it since its only costing 11/month in finance fees.


FYI, Dealer used the 3,000 Dealer Cash towards my fees/down.

With .00012 MF and 55% residual (39mo, 10K/yr, right?), I get a payment of $497/mo.+tax, so the $3000 dealer cash must be reducing the CAP cost, somewhat..

$1950 more upfront would reduce the payment by a like amount.. but, that isn't really saving you anything, because as they noted, the finance charges are already very, very low.

frog169

With .00012 MF and 55% residual (39mo, 10K/yr, right?), I get a payment of $497/mo.+tax, so the $3000 dealer cash must be reducing the CAP cost, somewhat..

$1950 more upfront would reduce the payment by a like amount.. but, that isn't really saving you anything, because as they noted, the finance charges are already very, very low.

kyfdx said:

frog169 said:

Hey Everyone, I need some assistance. Ive never Leased a car this will be my first one... Please advise if this is a good deal or if i can get better...

2014 Q50S AWD, Deluxe touring and Navi package.

MSRP: 50,405.00
Residual Value: 27,722.75
Initial Cap cost: 44,500
Bank Acq: 795.00
Adj cap cost: 45295
License: 400
Term: 39 Months
MF: .00012

Down/Drive off fee: aprox 1000. My Payment would be 459 + tax

They said if i put 1950 down instead of just the 1000 , my payment would be 400+ tax.

CA does do MSDs by the way i asked they said with the current rate its not worth it since it would barely touch it since its only costing 11/month in finance fees.


FYI, Dealer used the 3,000 Dealer Cash towards my fees/down.

With .00012 MF and 55% residual (39mo, 10K/yr, right?), I get a payment of $497/mo.+tax, so the $3000 dealer cash must be reducing the CAP cost, somewhat..

$1950 more upfront would reduce the payment by a like amount.. but, that isn't really saving you anything, because as they noted, the finance charges are already very, very low.

Correct its for a 39mo/10k. Im unsure if i want to buy it or not so i think i might do a 12k-15k lease.. i generally drive around 12k maybe a little more a year... Think this is the best deal i can get from them right now or think i can squeeze more out of them? Selling price is 46,405

kyfdx

No idea, really... I just turned my Infiniti in, at end-of-lease. Haven't shopped for one in three years.

jcandyman

Here's the deal I got today, still waiting to hear back from another dealer....

Q50S AWD Hybrid, Nav, Tech, Cold weather
MSRP $56,285
Negotiated price $48581
39M/15k
MF .00024
Residual 52% $29,242.20

Fees:
Bank fee $700
Doc fee $400
State fee $77

Cap cost after fees $49,582
$533 per month before tax
$566 after MA 6.25% tax

What do you guys think?

kyfdx

jcandyman said:

Here's the deal I got today, still waiting to hear back from another dealer....

Q50S AWD Hybrid, Nav, Tech, Cold weather
MSRP $56,285
Negotiated price $48581
39M/15k
MF .00024
Residual 52% $29,242.20

Fees:
Bank fee $700
Doc fee $400
State fee $77

Cap cost after fees $49,582
$533 per month before tax
$566 after MA 6.25% tax

What do you guys think?

So.. how much due at signing?

scramsti

Quoted by a dealer in SoCal...
2014 Q50 Premium with Navigation
MSRP is $42,600
Selling Price of $37,000
12K miles/year
39 Month Lease
Drive offs of $1,576\
Monthly payment of $385 (includes tax)

Is this a good deal?

kyfdx

scramsti said:

Quoted by a dealer in SoCal...
2014 Q50 Premium with Navigation
MSRP is $42,600
Selling Price of $37,000
12K miles/year
39 Month Lease
Drive offs of $1,576\
Monthly payment of $385 (includes tax)

Is this a good deal?

It looks great...

jcandyman

kyfdx said:

jcandyman said:

Here's the deal I got today, still waiting to hear back from another dealer....

Q50S AWD Hybrid, Nav, Tech, Cold weather
MSRP $56,285
Negotiated price $48581
39M/15k
MF .00024
Residual 52% $29,242.20

Fees:
Bank fee $700
Doc fee $400
State fee $77

Cap cost after fees $49,582
$533 per month before tax
$566 after MA 6.25% tax

What do you guys think?

So.. how much due at signing?

first month only, nothing else out the door

jcandyman

Here's the second deal I got today...

Q50S AWD Hybrid, Nav, Cold weather, Kick plates,
MSRP $51,275
Negotiated price $44,414
39M/15k
MF .00024
Residual $27,175.75 (he is at 53%, but I thought it was 52% for Hybrid S AWD)

Fees: I don't have breakdown

Cap cost after fees $45,814
$539.52 after MA 6.25% tax

0 down, fees included, 1st month only out the door.

Looks like his math is off because I am coming up with $506.01 after tax

What do you guys think?

scramsti

Here is the deal I just completed... (I live in SoCal)

2014 Q50 Premium
Deluxe Touring package, Navigation package, 19" Tire/Wheel package
MSRP $47,705
Cap Cost $40,000
Cap Cost Reduction ($1,500 Down)
Net Cap Cost $38,500
MF = .00047
RV = 54%
39 months / 12K miles
$1,899 total drive off
Monthly Payment = $399 (includes tax)

I also traded in my 2011 Mazda CX-9, Touring, FWD
Leather Seats, 3rd row, backup camera, sun roof
42K miles
Lease ending 11/8 with $17,013 buyout option

Thoughts?

Michaell

scramsti said:

Here is the deal I just completed... (I live in SoCal)

2014 Q50 Premium
Deluxe Touring package, Navigation package, 19" Tire/Wheel package
MSRP $47,705
Cap Cost $40,000
Cap Cost Reduction ($1,500 Down)
Net Cap Cost $38,500
MF = .00047
RV = 54%
39 months / 12K miles
$1,899 total drive off
Monthly Payment = $399 (includes tax)

I also traded in my 2011 Mazda CX-9, Touring, FWD
Leather Seats, 3rd row, backup camera, sun roof
42K miles
Lease ending 11/8 with $17,013 buyout option

Thoughts?

The $1500 down reduces your payment by about $38/mo, so $437/mo with tax for a car that stickers at $47K is a good deal.

Enjoy!

b3311

Alright I am really new to leasing cars. Here was my offer today? Any good?

Q50 RWD premium with leather

MSRP: 42,745
Sales price: 37,164
Tax: 2,322.75
License Fee: 260.69
Acquisition Fee: 700.00
Residual 54%: 23,082.30
Factor: .00027

Term 39 months 12k miles
Downpayment: 950 includes first month
monthly payment: 450.46

Any Thoughts??

Thanks

Michaell

b3311 said:

Alright I am really new to leasing cars. Here was my offer today? Any good?

Q50 RWD premium with leather

MSRP: 42,745
Sales price: 37,164
Tax: 2,322.75
License Fee: 260.69
Acquisition Fee: 700.00
Residual 54%: 23,082.30
Factor: .00027

Term 39 months 12k miles
Downpayment: 950 includes first month
monthly payment: 450.46

Any Thoughts??

Thanks

When I plug in your numbers, I get a pre-tax payment of $377.34. When I add in the tax and fees, the payment jumps to $455.82. So, your deal looks to be right in line.

gss8317

Hi,

I'm new to the leasing game and I'm wondering if the current national lease deal for the 2014 Q50 hybrid is a good deal or not? $379 per month for 39 months, $3399 down, 10k miles per year, for a 2014 Q50 hybrid premium with navigation system.

Thanks

Michaell

gss8317 said:

Hi,

I'm new to the leasing game and I'm wondering if the current national lease deal for the 2014 Q50 hybrid is a good deal or not? $379 per month for 39 months, $3399 down, 10k miles per year, for a 2014 Q50 hybrid premium with navigation system.

Thanks

The national lease deals are just "OK" - you can and should be able to do better on your own.

We don't recommend you putting money down on a lease to reduce the payment - if the car is stolen or totaled, you are out the money.

In addition, the negotiated price on the national deal is usually not too much off sticker. Use the pricing tools at the top of the page to get a better idea of what you should be targeting as your price.

Negotiate the price just like you would for a purchase, using all available incentives. Then, ensure that the MF isn't being marked up by the dealer. That's how you get the best lease deal.

pkelly944

Was just given 57% for 39/10 on a 2014 Q50 w/ nav and a .00041 MF, sound right?

Michaell

pkelly944 said:

Was just given 57% for 39/10 on a 2014 Q50 w/ nav and a .00041 MF, sound right?

For RWD, those are the correct numbers.

gss8317

Michaell said:

gss8317 said:

Hi,

I'm new to the leasing game and I'm wondering if the current national lease deal for the 2014 Q50 hybrid is a good deal or not? $379 per month for 39 months, $3399 down, 10k miles per year, for a 2014 Q50 hybrid premium with navigation system.

Thanks

The national lease deals are just "OK" - you can and should be able to do better on your own.

We don't recommend you putting money down on a lease to reduce the payment - if the car is stolen or totaled, you are out the money.

In addition, the negotiated price on the national deal is usually not too much off sticker. Use the pricing tools at the top of the page to get a better idea of what you should be targeting as your price.

Negotiate the price just like you would for a purchase, using all available incentives. Then, ensure that the MF isn't being marked up by the dealer. That's how you get the best lease deal.

gss8317

Thanks!

tomjr88

39/12 for base q50 rwd what are the mfrate and rv

Michaell

tomjr88 said:

39/12 for base q50 rwd what are the mfrate and rv

56% and .00041 for 2014

sam_duke

Hi everyone,

I recently leased the q50 using the information on this forum. I believe i got a  good deal so thought I should share my experience.

I got q50 awd premium with navigation and leather package and cargo package and mats for 418 per month for 39 months 12k a year. I paid the first month payment only. All fees tags and taxes were rolled in. The vehicle was registered in VA.  The msrp was 45800 and sales price or capitalized  cost was around  37k. Residual is around 24 or 24.5k. Hope this information helps someone scoring a deal. Car is fantastic and loving it.

kyfdx

sam_duke said:

Hi everyone,

I recently leased the q50 using the information on this forum. I believe i got a  good deal so thought I should share my experience.

I got q50 awd premium with navigation and leather package and cargo package and mats for 418 per month for 39 months 12k a year. I paid the first month payment only. All fees tags and taxes were rolled in. The vehicle was registered in VA.  The msrp was 45800 and sales price or capitalized  cost was around  37k. Residual is around 24 or 24.5k. Hope this information helps someone scoring a deal. Car is fantastic and loving it.

That's a great deal! Good job! Enjoy your new car.

chillaxd

SoCal resident
Wanted: Premium Q50 w/ Leather
MF & Residual for 15k/39m?
Are there any 24m leases for Q50 like there are for Q60?

Current Rebates I'm looking to cash in on for Nov:
Loyalty
IFS Lease
Any others???

Is it possible to get to 37k (or lower) OTD w/ no money down? If not, what numbers can get me to 350/m payment?

Michaell

chillaxd said:

SoCal resident
Wanted: Premium Q50 w/ Leather
MF & Residual for 15k/39m?
Are there any 24m leases for Q50 like there are for Q60?

Current Rebates I'm looking to cash in on for Nov:
Loyalty
IFS Lease
Any others???

Is it possible to get to 37k (or lower) OTD w/ no money down? If not, what numbers can get me to 350/m payment?

I assume 2014 model year and RWD.

24/15 numbers are 58% and .00041

36&39/15 numbers are 54% and .00041

Use the "Car Research" tab at the top of the page to see the current incentives.

chillaxd

So did two things today. Went to a lease broker and went to a dealership.
Lease broker gave me the following:

Sale Vehicle: New 2014 INFINITI Q50 91314 4dr Sdn Premium w/AC , Automatic , Odom: 0
  Payment Details
  Term 36
  Base Payment 315.73
  Total Payment 344.15
  Purchase Option 22,869.30
  MSRP 41,795.00
  Est. Miles Per Year 15,000
  Disposition Fee 395
  Excess Mileage Charge 0.25
Amount Due at Signing
1st Month Payment 344.15
Fees & Insurance 412.75
Upfront Taxes 314.84
Cap Reduction (Cash) 928.26
Total Inception Fees 2,000.00
Rebate as Cap Reduction 2,500.00
Total Drive Off 4,500.00

How Inception Fees are Paid
Cash as Drive Off 2,000.00
Total Credits 2,000.00

Remaining Due (Still Owed) 0

Total Cash Required on Delivery 2,000.00

How do lease brokers get to this deal? What numbers are they using? Because 54% and .00041 doesn't work out to those numbers.

kyfdx

chillaxd said:

So did two things today. Went to a lease broker and went to a dealership.
Lease broker gave me the following:

Sale Vehicle: New 2014 INFINITI Q50 91314 4dr Sdn Premium w/AC , Automatic , Odom: 0
  Payment Details
  Term 36
  Base Payment 315.73
  Total Payment 344.15
  Purchase Option 22,869.30
  MSRP 41,795.00
  Est. Miles Per Year 15,000
  Disposition Fee 395
  Excess Mileage Charge 0.25
Amount Due at Signing
1st Month Payment 344.15
Fees & Insurance 412.75
Upfront Taxes 314.84
Cap Reduction (Cash) 928.26
Total Inception Fees 2,000.00
Rebate as Cap Reduction 2,500.00
Total Drive Off 4,500.00

How Inception Fees are Paid
Cash as Drive Off 2,000.00
Total Credits 2,000.00

Remaining Due (Still Owed) 0

Total Cash Required on Delivery 2,000.00

How do lease brokers get to this deal? What numbers are they using? Because 54% and .00041 doesn't work out to those numbers.

Would need to see selling price and CAP cost to make an educated guess. I think the residual is probably 54% on the deal... just looks a little higher as a purchase option fee has been added on to it.

mp0wer

I'm looking for numbers for Q50s AWD 36 months 15 miles, this would be my second lease, I'm leasing a 13 g37x and the lease is up in February, but I'm gonna be over the mileage by 3000 miles, should I wait till the lease ends or go now for a new Q50

Michaell

mp0wer said:

I'm looking for numbers for Q50s AWD 36 months 15 miles, this would be my second lease, I'm leasing a 13 g37x and the lease is up in February, but I'm gonna be over the mileage by 3000 miles, should I wait till the lease ends or go now for a new Q50

55% and .00023.

If you trade out early, the extra miles shouldn't hurt you as much. Get the payoff from IFS and head over to the "Real World Trade in Values" to get an honest assessment of your trade value. This will let you know how much equity you do or don't have.

mp0wer

I don't understand my payoff is $33,256.80, and I just appraised my infiniti for $24,560, how is this possible, I think I got a high residual?

Michaell

mp0wer said:

I don't understand my payoff is $33,256.80, and I just appraised my infiniti for $24,560, how is this possible, I think I got a high residual?

Yes - Infiniti often inflates their residuals to make the lease payments attractive. Makes it tough to trade out early. You may want to wait ubtil the lease is over, walk away, then start over.

oidvoid

Could you please provide me with the MF and residual on a 2014 Q50S AWD Hybrid? 36 and 39 months at 10K year. Thanks.

Michaell

oidvoid said:

Could you please provide me with the MF and residual on a 2014 Q50S AWD Hybrid? 36 and 39 months at 10K year. Thanks.

57% and .00040 for both lease terms.

Michaell

@infinitirep‌

I'm sorry, but we don't allow solicitation on our boards. I've deleted your post.

jzaid84

November MF and Residual for Infiniti Q50S?
24/10
36/10
39/10