2014 Infiniti QX60 Lease Questions

bizzie

I received this offer via email, but no details about the cap cost etc:

"QX60 AWD, Premium and Premium Plus Packages (in New York 8.25% tax)
- 36 month/12,000 miles = $604/month
- 39 months will be $573/month
- All fees will be rolled into the payment you will "only be paying the first month plus plates at signing".

Not knowing other info, Is this a good deal?

kyfdx

bizzie said:

I received this offer via email, but no details about the cap cost etc:

"QX60 AWD, Premium and Premium Plus Packages (in New York 8.25% tax)
- 36 month/12,000 miles = $604/month
- 39 months will be $573/month
- All fees will be rolled into the payment you will "only be paying the first month plus plates at signing".

Not knowing other info, Is this a good deal?

Not knowing other info, we couldn't say.

bizzie

kyfdx said:

bizzie said:

I received this offer via email, but no details about the cap cost etc:

"QX60 AWD, Premium and Premium Plus Packages (in New York 8.25% tax)
- 36 month/12,000 miles = $604/month
- 39 months will be $573/month
- All fees will be rolled into the payment you will "only be paying the first month plus plates at signing".

Not knowing other info, Is this a good deal?

Not knowing other info, we couldn't say.

Yes, I have asked for the cap cost and money factor, but not heard back form the dealer yet.
I wasn't sure if it is at all possible to just look at monthly payment for the car and determine if its a good deal.
Since the dealer can alwasy raise or lower either cap cost or money factor, I thought regardless of money factor or cap cost, the monthly payment is what mattered the most. But that's just the novice in me speaking

Michaell

bizzie said:

kyfdx said:

bizzie said:

I received this offer via email, but no details about the cap cost etc:

"QX60 AWD, Premium and Premium Plus Packages (in New York 8.25% tax)
- 36 month/12,000 miles = $604/month
- 39 months will be $573/month
- All fees will be rolled into the payment you will "only be paying the first month plus plates at signing".

Not knowing other info, Is this a good deal?

Not knowing other info, we couldn't say.

Yes, I have asked for the cap cost and money factor, but not heard back form the dealer yet.
I wasn't sure if it is at all possible to just look at monthly payment for the car and determine if its a good deal.
Since the dealer can alwasy raise or lower either cap cost or money factor, I thought regardless of money factor or cap cost, the monthly payment is what mattered the most. But that's just the novice in me speaking

There are four components to a lease - two are fixed, two are variable.

Variable components include the selling price and the money factor.

Fixed components include the MSRP and the residual value.

Negotiate the selling price just like you would for a purchase - the lower you can get it, the lower your payment will be.

Then, find an on-line lease calculator and run the numbers - we can help you with the money factor and residual value - to see if the dealer is giving you a good deal or not.

A low payment isn't necessarily a sign of a good deal - you might find you can get it lower.

hr518

Can you please provide the money factor and residuals for an AWD QX60 with 39 and 48 month terms with 15K miles/yr. Thanks for your help.

kyfdx

hr518 said:

Can you please provide the money factor and residuals for an AWD QX60 with 39 and 48 month terms with 15K miles/yr. Thanks for your help.

.00041 MF and 52% residual.

.00160 MF and 46% residual

flan_2009

Hi, this is my first time attempting to lease a car. Below is the leasing offer at my local dealership in Texas, is it a good deal? I always thought the down payment should be lower. The capitalized taxes look high.

Terms:
39 mths
Residual: 54%
Payment: $497
Amount due: $3996


Lease Details
Retail price: $45,580
Sales price: $42,800
Gov't fees: 251.00
Capitalized taxes: $2,675
Acquisition fee: $700

kyfdx

flan_2009 said:

Hi, this is my first time attempting to lease a car. Below is the leasing offer at my local dealership in Texas, is it a good deal? I always thought the down payment should be lower. The capitalized taxes look high.

Terms:
39 mths
Residual: 54%
Payment: $497
Amount due: $3996


Lease Details
Retail price: $45,580
Sales price: $42,800
Gov't fees: 251.00
Capitalized taxes: $2,675
Acquisition fee: $700

Texas charges sales tax on the full selling price of the vehicle.. really hurts the lease payment.

bizzie

Please review the 2 offers below for a lease I received.
2014 Infiniti QX60 AWD with Premium, Prem Plus
All fees and taxes (8.25%) rolled in except DMV fees. $0 Cap Cost Reduction

Offer 1:
39 months, 12k/year
$683 due at signing + DMV
$594 per month
MSRP $50940
Sell P $46330
.00041
54% Res

Offer 2:
term 39 month, 12k/year
$679 plus DMV at lease signing.
$585 per month
MSRP $50,490
selling price $46,140
Money factor .00041
residual 54%

Thank you for your help.
B.

linyr94

bizzie said:

Please review the 2 offers below for a lease I received.
2014 Infiniti QX60 AWD with Premium, Prem Plus
All fees and taxes (8.25%) rolled in except DMV fees. $0 Cap Cost Reduction

Offer 1:
39 months, 12k/year
$683 due at signing + DMV
$594 per month
MSRP $50940
Sell P $46330
.00041
54% Res

Offer 2:
term 39 month, 12k/year
$679 plus DMV at lease signing.
$585 per month
MSRP $50,490
selling price $46,140
Money factor .00041
residual 54%

Thank you for your help.
B.

Bizzie, where in NY is that based on 8.25% tax rate? Thanks

kyfdx

bizzie said:

Please review the 2 offers below for a lease I received.
2014 Infiniti QX60 AWD with Premium, Prem Plus
All fees and taxes (8.25%) rolled in except DMV fees. $0 Cap Cost Reduction

Offer 1:
39 months, 12k/year
$683 due at signing + DMV
$594 per month
MSRP $50940
Sell P $46330
.00041
54% Res

Offer 2:
term 39 month, 12k/year
$679 plus DMV at lease signing.
$585 per month
MSRP $50,490
selling price $46,140
Money factor .00041
residual 54%

Thank you for your help.
B.

It would help to know the state, as the tax calculation may vary... but, if it is NYS, I assumed $1350 tax, $700 acq.fee, $75 doc fee for total additions of $2125, rolled in to the CAP cost.
That gets me to $568/mo.

That's on the first offer.. the 2nd appears to be no different, except for a slightly lower selling price and payment..

That's just an estimate, because I don't know what fees and tax amounts they are charging and rolling in. I would ask them for the CAP cost, and a breakdown of the amount that is over the selling price.. They might have slipped the owner's boat payment in there..

flan_2009

flan_2009 said:

Hi, this is my first time attempting to lease a car. Below is the leasing offer at my local dealership in Texas, is it a good deal? I always thought the down payment should be lower. The capitalized taxes look high.

Terms:
39 mths
Residual: 54%
Payment: $497
Amount due: $3996


Lease Details
Retail price: $45,580
Sales price: $42,800
Gov't fees: 251.00
Capitalized taxes: $2,675
Acquisition fee: $700

Thank you! So would you say the deal seems good? I forgot to note that it is a 2014 Qx60 with Premium package.

bizzie

kyfdx said:

bizzie said:

Please review the 2 offers below for a lease I received.
2014 Infiniti QX60 AWD with Premium, Prem Plus
All fees and taxes (8.25%) rolled in except DMV fees. $0 Cap Cost Reduction

Offer 1:
39 months, 12k/year
$683 due at signing + DMV
$594 per month
MSRP $50940
Sell P $46330
.00041
54% Res

Offer 2:
term 39 month, 12k/year
$679 plus DMV at lease signing.
$585 per month
MSRP $50,490
selling price $46,140
Money factor .00041
residual 54%

Thank you for your help.
B.

It would help to know the state, as the tax calculation may vary... but, if it is NYS, I assumed $1350 tax, $700 acq.fee, $75 doc fee for total additions of $2125, rolled in to the CAP cost.
That gets me to $568/mo.

That's on the first offer.. the 2nd appears to be no different, except for a slightly lower selling price and payment..

That's just an estimate, because I don't know what fees and tax amounts they are charging and rolling in. I would ask them for the CAP cost, and a breakdown of the amount that is over the selling price.. They might have slipped the owner's boat payment in there..

The Only fees are $700 bank fee and new york Albany county sales tax 8%.

bizzie

Please see the numbers below for Premium/Premium+, 15k/year, 39 months.
MSRP $50,940
Lease price $46,335
Residual $26,481
Monthly $606 (includes bank fee $700 + NY tax 8%)
Due at signing $699 (includes 1st month + Doc fee $75+ tire fee $12 + $6 tax)

Thank you.

Michaell

bizzie said:

Please see the numbers below for Premium/Premium+, 15k/year, 39 months.
MSRP $50,940
Lease price $46,335
Residual $26,481
Monthly $606 (includes bank fee $700 + NY tax 8%)
Due at signing $699 (includes 1st month + Doc fee $75+ tire fee $12 + $6 tax)

Thank you.

QX60 AWD 39/15 numbers are 52% and .00041. With your MSRP and Lease Price I calculate a pre-tax payment of $538.73.

ponus

Hoping to get advice on my situation...

Lease on my current Durango is up in January, I will only have less than 30k miles then (27k now) and it was a 36k mi lease. I can buy it for apx $19k and it looks like the trade in value would be in the $23-24k range. So I have some equity in it.

I'd like to get a qx60, so my question is what's the best way to do it.

1. I've read that I don't have to return my Durango to the dealer I got it from. Is it likely that an infinity dealer would take it and give me that equity towards the qx60? If so is that my best option?

2. Or is it better to buy for $19k and then use as a trade in with Infiniti? I guess I would have to purchase instead of lease, but maybe that is better here?

3. My thought is that if I return to a dodge dealer, they're not going to give me much unless I stay with them. But, maybe I'm wrong.

4. Another option I haven't thought of.

Thanks for your help

Michaell

ponus said:

Hoping to get advice on my situation...

Lease on my current Durango is up in January, I will only have less than 30k miles then (27k now) and it was a 36k mi lease. I can buy it for apx $19k and it looks like the trade in value would be in the $23-24k range. So I have some equity in it.

I'd like to get a qx60, so my question is what's the best way to do it.

1. I've read that I don't have to return my Durango to the dealer I got it from. Is it likely that an infinity dealer would take it and give me that equity towards the qx60? If so is that my best option?

2. Or is it better to buy for $19k and then use as a trade in with Infiniti? I guess I would have to purchase instead of lease, but maybe that is better here?

3. My thought is that if I return to a dodge dealer, they're not going to give me much unless I stay with them. But, maybe I'm wrong.

4. Another option I haven't thought of.

Thanks for your help

Forget about the fact that you are leasing the Durango - it has a payoff value to the finance company and a trade value to the Infiniti dealer. Find out what those numbers are then you'll have a better idea of how much equity you have in your car.

The Durango will be worth more to a Dodge dealer than to an Infiniti dealer, in general.

If you have a Car Max close by, you can get a purchase quote from them as well. Also, check the "Real World Trade in Values" discussion here - our resident expert there has access to auction data and can give you a pretty good idea of what it's worth.

Information is power - the more you have, the better position you are in to negotiate a good deal on your next lease.

bizzie

Michaell said:

bizzie said:

Please see the numbers below for Premium/Premium+, 15k/year, 39 months.
MSRP $50,940
Lease price $46,335
Residual $26,481
Monthly $606 (includes bank fee $700 + NY tax 8%)
Due at signing $699 (includes 1st month + Doc fee $75+ tire fee $12 + $6 tax)

Thank you.

QX60 AWD 39/15 numbers are 52% and .00041. With your MSRP and Lease Price I calculate a pre-tax payment of $538.73.

You are correct. But if you add the $700 acquisition fee, its $557, and add the sales tax $44.56. That makes it about $601/month.

If the Infinity finance pays/includes the tax (about $1,737), do they charge the 'interest' (money factor) on that amount as well?

quetalmanolo

Is this a good offer for a FWD QX60 with Premium, Premium Plus, and Theater packages?

39 mos. 12k mi/yr
$1500 down (includes first month)
$545/mo (including NV tax)

MSRP is $50,550

Michaell

bizzie said:

Michaell said:

bizzie said:

Please see the numbers below for Premium/Premium+, 15k/year, 39 months.
MSRP $50,940
Lease price $46,335
Residual $26,481
Monthly $606 (includes bank fee $700 + NY tax 8%)
Due at signing $699 (includes 1st month + Doc fee $75+ tire fee $12 + $6 tax)

Thank you.

QX60 AWD 39/15 numbers are 52% and .00041. With your MSRP and Lease Price I calculate a pre-tax payment of $538.73.

You are correct. But if you add the $700 acquisition fee, its $557, and add the sales tax $44.56. That makes it about $601/month.

If the Infinity finance pays/includes the tax (about $1,737), do they charge the 'interest' (money factor) on that amount as well?

I agree with your math.

In NY the tax for the entire lease is calculated up front and can be added to the cap cost (where it is subject to the MF) or paid at lease inception.

Either way, the $44.56/mo added to the payment doesn't apply.

Michaell

quetalmanolo said:

Is this a good offer for a FWD QX60 with Premium, Premium Plus, and Theater packages?

39 mos. 12k mi/yr
$1500 down (includes first month)
$545/mo (including NV tax)

MSRP is $50,550

what is the negotiated selling price?

quetalmanolo

Michaell said:

quetalmanolo said:

Is this a good offer for a FWD QX60 with Premium, Premium Plus, and Theater packages?

39 mos. 12k mi/yr
$1500 down (includes first month)
$545/mo (including NV tax)

MSRP is $50,550

what is the negotiated selling price?

$44,963.72

Michaell

Michaell said:

quetalmanolo said:

Is this a good offer for a FWD QX60 with Premium, Premium Plus, and Theater packages?

39 mos. 12k mi/yr
$1500 down (includes first month)
$545/mo (including NV tax)

MSRP is $50,550

what is the negotiated selling price?

$44,963.72

MF is .00040 and residual is 53% for 39/12.

With your MSRP and selling price, I get a pre-tax payment of $494.66. Not sure what the tax rate is in NV, but to get to $545/mo the tax rate would have to be 10% or so.

quetalmanolo

Michaell said:

Michaell said:

quetalmanolo said:

Is this a good offer for a FWD QX60 with Premium, Premium Plus, and Theater packages?

39 mos. 12k mi/yr
$1500 down (includes first month)
$545/mo (including NV tax)

MSRP is $50,550

what is the negotiated selling price?

$44,963.72

MF is .00040 and residual is 53% for 39/12.

With your MSRP and selling price, I get a pre-tax payment of $494.66. Not sure what the tax rate is in NV, but to get to $545/mo the tax rate would have to be 10% or so.

Tax is 8.1%

Very cool! Thank you!

quetalmanolo

Is the residual calculated against the MSRP or the selling price?

Michaell

quetalmanolo said:

Is the residual calculated against the MSRP or the selling price?

Residual is calculated against the MSRP.

$494.66 plus 8.1% is $534.73/mo.

quetalmanolo

Thank you very much for the quick responses!
This site is very helpful! I'm so glad I found it!

jimmythev76

Hello, I just received a lease offer and wanted to see if it's good:

WA State (King County sales tax 9.5%)
MSRP $58,645
Invoice $54,746
Term 39months
Net Cap Cost: $51,456.15 (includes Bank Fee $700 and Doc Fee $150)
Residual 55%
Cash due at signing: $5054
Monthly Payment $615.04

Is this a good deal?

I am eligible for the Infiniti VPP program, not sure if that has any effect on the lease
I suspect I can get them down quite a bit further, but what should I be shooting for? The other concern is the 2015's will be coming out soon... should I hold off and wait till they are looking to really unload the 2014's?

Any advice would be appreciated.

Michaell

jimmythev76 said:

Hello, I just received a lease offer and wanted to see if it's good:

WA State (King County sales tax 9.5%)
MSRP $58,645
Invoice $54,746
Term 39months
Net Cap Cost: $51,456.15 (includes Bank Fee $700 and Doc Fee $150)
Residual 55%
Cash due at signing: $5054
Monthly Payment $615.04

Is this a good deal?

I am eligible for the Infiniti VPP program, not sure if that has any effect on the lease
I suspect I can get them down quite a bit further, but what should I be shooting for? The other concern is the 2015's will be coming out soon... should I hold off and wait till they are looking to really unload the 2014's?

Any advice would be appreciated.

39/10 residual is 55% and MF is .00041. With your MSRP and net cap cost, I get a pre-tax payment of $526.67; after tax is $576.70. Looks to be a bit of room to negotiate the MF down.

I can't imagine getting more than the $7K off sticker you've already negotiated. VPP is, I believe, invoice minus 1-2% plus an admin fee, so you seem to be there (or better).

What is the breakdown of the $5K due at signing? We don't recommend making a down payment on a lease - if the car is stolen or totaled, you are out that money.

jimmythev76

I think the cap reduction is part of the 5k due at signing... so I'm really not getting 7k off list.

The breakdown of the 5k is $4138.85 cap reduction
$300 License Fee
$615.04 Advance Payment
Less Rebate $54.89

So it sounds like I can push on both the sale price and MF to get this payment down. MF should be .00041 correct?

Can I do better than the VPP program? Do dealers negotiate below that?

Also, the dealer is telling me the entertainment package can't be removed... but when I'm on Infiniti's site, it shows it as a separate options, and not part of a larger package... I suspect he's got inventory he needs to unload, and it just happens to have that on it.

Michaell

jimmythev76 said:

I think the cap reduction is part of the 5k due at signing... so I'm really not getting 7k off list.

The breakdown of the 5k is $4138.85 cap reduction
$300 License Fee
$615.04 Advance Payment
Less Rebate $54.89

So it sounds like I can push on both the sale price and MF to get this payment down. MF should be .00041 correct?

Can I do better than the VPP program? Do dealers negotiate below that?

Also, the dealer is telling me the entertainment package can't be removed... but when I'm on Infiniti's site, it shows it as a separate options, and not part of a larger package... I suspect he's got inventory he needs to unload, and it just happens to have that on it.

MF is .00041, correct.

Cap reduction is not something we recommend ... if the car is stolen or totaled, you are out that money. Without the cap reduction, your payment will go up about $106/mo.

VPP is OK, but you may be able to do better negotiating on your own.

hank02

Can you evaluate the deal I was offered. QX60 2014
MSRP- 50,200
selling price- 47,078
MF- .0004
Residual- 54%
39/10k
paying TT&L and 1st month upfront (live in texas)
So Cap cost is 47,078 (includes 700 acq fee)
was given payment of $591.
when I ran the numbers i'm getting $541. What do you think?
Thanks

hank02

Forgot to add on my original post that it's FWD, prem, prem plus, theatre and maple trim.

Michaell

hank02 said:

Can you evaluate the deal I was offered. QX60 2014
MSRP- 50,200
selling price- 47,078
MF- .0004
Residual- 54%
39/10k
paying TT&L and 1st month upfront (live in texas)
So Cap cost is 47,078 (includes 700 acq fee)
was given payment of $591.
when I ran the numbers i'm getting $541. What do you think?
Thanks

With your numbers, I too am getting $541.73/mo for 39 months.

Ask the dealer to walk through their calculations to see if you can spot the discrepancy.

ankurg

I am based in NJ. Looking for leasing the QX 60 with Premium , Premium Plus and technology package with 3 years lease and 12K miles per year. what is the current MF and Residual value in NJ ? what is the typical Cap Cost (invoice or somewhat below invoice)?
Thanks for your help

kyfdx

ankurg said:

I am based in NJ. Looking for leasing the QX 60 with Premium , Premium Plus and technology package with 3 years lease and 12K miles per year. what is the current MF and Residual value in NJ ? what is the typical Cap Cost (invoice or somewhat below invoice)?
Thanks for your help

Assuming AWD? .00041 MF and 55% residual

hank02

was wondering if lease deals/incentives on 2014 QX60 will be better in November? Is that information you might have or know from previous years?

Michaell

hank02 said:

was wondering if lease deals/incentives on 2014 QX60 will be better in November? Is that information you might have or know from previous years?

Hard to predict what the numbers will look like next month .. I suspect it depends greatly on how much inventory is left.

We should know next week what the new numbers are.

sahil908

Hi,

Can someone please update the residual and MF for 39/12? I am looking for the one with MSRP around 58K. Below are the packages:

Premium
Premium Plus
Theater Package
Deluxe Touring Package
Technology Package

Thank you!

sahil908

sahil908 said:

Hi,

Can someone please update the residual and MF for 39/12? I am looking for the one with MSRP around 58K. Below are the packages:

Premium
Premium Plus
Theater Package
Deluxe Touring Package
Technology Package

Thank you!

sorry forgot to add AWD and I am in NY area. thanks

Michaell

sahil908 said:

Hi,

Can someone please update the residual and MF for 39/12? I am looking for the one with MSRP around 58K. Below are the packages:

Premium
Premium Plus
Theater Package
Deluxe Touring Package
Technology Package
AWD

Thank you!

2015 - .00146 and 56%

2014 - .00024 and 53%

sahil908

Michaell said:

2015 - .00146 and 56%

2014 - .00024 and 53%

thank you!

jacob_z

Hi,

Can I get the MF and residual for the following;

2014 QX60 FWD. 10k miles
36 and 48 months 

Does IFS still offer the refundable security deposit that will lower the MF? What is the advantage of offering that feature?

Another question, when will the 2015's be arriving? Any major changes between 2014 and 2015 models?

Thanks for your response!

-JZ

linyr94

Anyone from LI, NY leased QX60 in Nov? I see some dealerships getting 2015, so I hope they will come down in price on the 14'

kyfdx

jacob_z said:

Hi,

Can I get the MF and residual for the following;

2014 QX60 FWD. 10k miles
36 and 48 months 

Does IFS still offer the refundable security deposit that will lower the MF? What is the advantage of offering that feature?

Another question, when will the 2015's be arriving? Any major changes between 2014 and 2015 models?

Thanks for your response!

-JZ

.00023 MF and 54% residual for 36/10, 53% for 39/10

.00160 MF and 47% residual for 48/10

Yes.. for every multiple security deposit you make, the MF lowers by .00010.
The advantage to you, is it lowers your payment.. I'm sure Infiniti has a reason for offering it, but it seems overly generous (which is good for you).

jacob_z

kyfdx said:

jacob_z said:

Hi,

Can I get the MF and residual for the following;

2014 QX60 FWD. 10k miles
36 and 48 months 

Does IFS still offer the refundable security deposit that will lower the MF? What is the advantage of offering that feature?

Another question, when will the 2015's be arriving? Any major changes between 2014 and 2015 models?

Thanks for your response!

-JZ

.00023 MF and 54% residual for 36/10, 53% for 39/10

.00160 MF and 47% residual for 48/10

Yes.. for every multiple security deposit you make, the MF lowers by .00010.
The advantage to you, is it lowers your payment.. I'm sure Infiniti has a reason for offering it, but it seems overly generous (which is good for you).

Thank you! Do for have the same numbers the 2015's? Any remarks about the 2015 like availability, options, body change, etc, etc.... ?

Thanks again for your help!

kyfdx

jacob_z said:

kyfdx said:

jacob_z said:

Hi,

Can I get the MF and residual for the following;

2014 QX60 FWD. 10k miles
36 and 48 months 

Does IFS still offer the refundable security deposit that will lower the MF? What is the advantage of offering that feature?

Another question, when will the 2015's be arriving? Any major changes between 2014 and 2015 models?

Thanks for your response!

-JZ

.00023 MF and 54% residual for 36/10, 53% for 39/10

.00160 MF and 47% residual for 48/10

Yes.. for every multiple security deposit you make, the MF lowers by .00010.
The advantage to you, is it lowers your payment.. I'm sure Infiniti has a reason for offering it, but it seems overly generous (which is good for you).

Thank you! Do for have the same numbers the 2015's? Any remarks about the 2015 like availability, options, body change, etc, etc.... ?

Thanks again for your help!

.00149 MF and 57% residual for 36/10, 56% for 39/10

.00160 MF and 45% residual for 48/10

Michaell

@infinitirep‌

As noted in the Q50 forum, we do not allow solicitation on our boards. I've deleted your post.

rehr22

I just got back from the dealership and was only able to get numbers for the 2014 as the 2015 are not ready yet. The dealership in NJ told me they have nothing to indicate the 2015 model has changed from the prior year.

With that being said, they sure were pushy trying to get me into the 2014 today, telling me that when the 2015 models come in there will not be as good rebates.

The car I drafted up was fully loaded (deluxe with technology package) and was about $59K. I was give a monthly payment of around $627 for a 39-month lease at 12K on the mileage. They said the residual was 53% and MF .00024.

Does this seem right? I was expecting a higher residual and lower MF. And since I don't care to buyout after the lease, I would prefer a higher residual.

They also mentioned the multiple security deposit, which seems to sweeten the offer versus wasting cash on the cap cost reduction.

Could someone help me out. I was hoping to get high in the $500 on payments, they wouldn't seem to come lower than $620, at least not today

Michaell

rehr22 said:

I just got back from the dealership and was only able to get numbers for the 2014 as the 2015 are not ready yet. The dealership in NJ told me they have nothing to indicate the 2015 model has changed from the prior year.

With that being said, they sure were pushy trying to get me into the 2014 today, telling me that when the 2015 models come in there will not be as good rebates.

The car I drafted up was fully loaded (deluxe with technology package) and was about $59K. I was give a monthly payment of around $627 for a 39-month lease at 12K on the mileage. They said the residual was 53% and MF .00024.

Does this seem right? I was expecting a higher residual and lower MF. And since I don't care to buyout after the lease, I would prefer a higher residual.

They also mentioned the multiple security deposit, which seems to sweeten the offer versus wasting cash on the cap cost reduction.

Could someone help me out. I was hoping to get high in the $500 on payments, they wouldn't seem to come lower than $620, at least not today

The dealer is telling you a bit of a fib .. we've got lease numbers for both 2014 and 2015 QX60. It's possible the dealer doesn't want to share as they are trying to rid themselves of the 2014 inventory.

Also be aware that in NJ, taxes for the entire lease are calculated up front - these can be paid by you at lease inception or added into the cap cost, which will increase the payment.

I assume AWD since you are in NJ.

2015 39/12 - 56% and .00146

2014 39/12 - 53% and .00024 (these match what your dealer told you).

We would need to know the agreed upon selling price to model a payment. As an example, with a $59K MSRP and a $53K selling price (pulled out of thin air), along with the MF and RV quoted above, I get a pre-tax payment of $577.40/mo for 39 months. Taxes and fees would increase this.

MSD would help lower the MF and the payment - with the added bonus that you'd get that money back at the end of the lease.