2015 QX 60 Lease Rates

bulldog84bulldog84 Member Posts: 21
edited May 2015 in INFINITI
Can anyone help me with the latest residual value % and best available money factor on a 2015 QX60 (NY)?

Thanks!

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  • MichaellMichaell Moderator Posts: 263,422
    bulldog84 said:

    Can anyone help me with the latest residual value % and best available money factor on a 2015 QX60 (NY)?

    Thanks!

    I'll assume AWD since you are in NY.

    36/15 and 39/15 numbers are .00106 and 57%

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  • bulldog84bulldog84 Member Posts: 21
    Thanks. They quoted me a money factor of .00122!
  • MichaellMichaell Moderator Posts: 263,422
    bulldog84 said:

    Thanks. They quoted me a money factor of .00122!

    Which they are allowed to do .. you just don't want to sign a deal with those numbers.

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  • vmx128vmx128 Member Posts: 11
    Hi, Can you please provide the residual and MF for a 39/12k lease on a FWD QX60? Also, what is the MF discount per security deposit, and how many MSDs are allowed? Thanks!
  • kyfdxkyfdx Moderator Posts: 267,202
    vmx128 said:

    Hi, Can you please provide the residual and MF for a 39/12k lease on a FWD QX60? Also, what is the MF discount per security deposit, and how many MSDs are allowed? Thanks!

    .00106 MF and 58% residual

    You can make 9 deposits, and each one would lower the MF by .00010, for a total reduction of .00090 and a final MF of .00016. Will probably save you $60/mo., more or less..

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  • jboxtonjboxton Member Posts: 18
    I'd love to know the dealerships you guys work for that are giving out residual and money factor info! I want to go buy a car there!
  • kyfdxkyfdx Moderator Posts: 267,202
    jboxton said:

    I'd love to know the dealerships you guys work for that are giving out residual and money factor info! I want to go buy a car there!

    We don't work for a dealership.. we are Forum Moderators.

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  • amg_c63amg_c63 Member Posts: 1
    Here is the deal I got on my wifes new car.  

    2015 QX60 AWD
    Premium Package
    Roof Racks & Side Rails
    Rear plate protector
    MSRP $47,555
    Negotiated price $42,000
    Residual $28,500
    Zero Down 
    Zero 1st payment including dealer fees 
    39 month lease
    10 K per year mileage
    Monthly Base Lease $470
    MA Sales Tax $29 (6.25%)
    Monthly lease price $499 for 38 payments
    Total payments $18,962 which comes to 40% of MSRP.

    Thoughts?  I think it is a good deal since I gave nothing out of pocket or trade.


  • shanghaiedshanghaied Member Posts: 1
    What is an MSD? How does this lower the money factor?
  • MichaellMichaell Moderator Posts: 263,422

    What is an MSD? How does this lower the money factor?

    MSD is Multiple Security Deposit. It is the amount of the monthly payment rounded up to the next $50. Each security deposit reduces the money factor by .00005.

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  • g8orgrantg8orgrant Member Posts: 51
    Michaell, for Infiniti, each MSD lowers the money factor by .0001. I just used 9 of them in May and it lowered the rate from .00106 to .00016. I believe that the reduction per MSD is greater for Infiniti than it is for Lexus, BMW, Mercedes and Volvo. The reduction essentially took the interest rate from 2.54% to .38%.
  • MichaellMichaell Moderator Posts: 263,422
    g8orgrant said:

    Michaell, for Infiniti, each MSD lowers the money factor by .0001. I just used 9 of them in May and it lowered the rate from .00106 to .00016. I believe that the reduction per MSD is greater for Infiniti than it is for Lexus, BMW, Mercedes and Volvo. The reduction essentially took the interest rate from 2.54% to .38%.

    Sorry, you are correct. Too many MSD programs for me to remember, apparently.

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  • era123era123 Member Posts: 93
    Hello. I was hoping someone could help me with some ideas on pricing for a qx60 with technology and premium plus package. Looking for $0 oop, 10k miles and whatever promotional term is best. My other question is if there is any special pricing coming with 2016 on the way.
  • MichaellMichaell Moderator Posts: 263,422
    era123 said:

    Hello. I was hoping someone could help me with some ideas on pricing for a qx60 with technology and premium plus package. Looking for $0 oop, 10k miles and whatever promotional term is best. My other question is if there is any special pricing coming with 2016 on the way.

    Read back through the last couple of pages to see what others have been able to negotiate, price-wise.

    The 36/10 numbers for the QX60 are .00106 and 59% (FWD) or 60% (AWD).

    Can't tell you what may happen with these number in the future.

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  • anilsk08817anilsk08817 Member Posts: 3
    Hi. I am looking at leasing a 2015 QX 60 lease. I live in NJ. I have an offer for $429 pm; $4699 oop for a 39 mo lease at 12K per year. The car is AWD with Navi and Tech Package; Is this an acceptable deal by today's MF?
  • kyfdxkyfdx Moderator Posts: 267,202

    Hi. I am looking at leasing a 2015 QX 60 lease. I live in NJ. I have an offer for $429 pm; $4699 oop for a 39 mo lease at 12K per year. The car is AWD with Navi and Tech Package; Is this an acceptable deal by today's MF?

    .00106 MF and 59% residual.

    Without an MSRP and selling price, we can't really tell you anything more.

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  • firefox77firefox77 Member Posts: 14
    Hi, what is the MF and residual % for an 39month/15k lease? the car is a FWD with premium+premiumplus+driverassistance. I live in California.
  • kyfdxkyfdx Moderator Posts: 267,202
    firefox77 said:

    Hi, what is the MF and residual % for an 39month/15k lease? the car is a FWD with premium+premiumplus+driverassistance. I live in California.

    .00106 MF and 56% residual

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  • firefox77firefox77 Member Posts: 14
    edited June 2015
    Thank you. Here is the offer from a local dealer:

    FWD
    MSRP:51180
    Sales price: 44364

    MF: 0.00016 (after 9 MSDs). residual 56% (39months/15k). sales tax=9%.

    The dealer gave me $469/month lease but my own calculation shows $452. which number is correct?

    Drive off is $967.72 but if I pay it upfront it shouldn't be factored into the monthly payment?

    By the way, the sales price $44364 is for purchase. For lease should I add the $700 acquisition fee to the sales price? then my number becomes $471 which is pretty close to the dealer's number.
    kyfdx said:

    firefox77 said:

    Hi, what is the MF and residual % for an 39month/15k lease? the car is a FWD with premium+premiumplus+driverassistance. I live in California.

    .00106 MF and 56% residual
  • kyfdxkyfdx Moderator Posts: 267,202
    firefox77 said:

    Thank you. Here is the offer from a local dealer:

    FWD
    MSRP:51180
    Sales price: 44364

    MF: 0.00016 (after 9 MSDs). residual 56% (39months/15k). sales tax=9%.

    The dealer gave me $469/month lease but my own calculation shows $452. which number is correct?

    Drive off is $967.72 but if I pay it upfront it shouldn't be factored into the monthly payment?

    kyfdx said:

    firefox77 said:

    Hi, what is the MF and residual % for an 39month/15k lease? the car is a FWD with premium+premiumplus+driverassistance. I live in California.

    .00106 MF and 56% residual
    I get the same thing you do.. but, you don't have the CAP cost. The difference is probably the $700 acquisition fee.

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  • firefox77firefox77 Member Posts: 14
    yes that's what I figured too ($700 acquisition fee).

    it looks like the driveoff cost = registration + doc fee + 1st month payment, and the $700 acquisition fee is added to the sales price as part of the CAP cost. Is this how things are typically done for a lease?
    kyfdx said:

    firefox77 said:

    Thank you. Here is the offer from a local dealer:

    FWD
    MSRP:51180
    Sales price: 44364

    MF: 0.00016 (after 9 MSDs). residual 56% (39months/15k). sales tax=9%.

    The dealer gave me $469/month lease but my own calculation shows $452. which number is correct?

    Drive off is $967.72 but if I pay it upfront it shouldn't be factored into the monthly payment?

    kyfdx said:

    firefox77 said:

    Hi, what is the MF and residual % for an 39month/15k lease? the car is a FWD with premium+premiumplus+driverassistance. I live in California.

    .00106 MF and 56% residual
    I get the same thing you do.. but, you don't have the CAP cost. The difference is probably the $700 acquisition fee.
  • kyfdxkyfdx Moderator Posts: 267,202
    firefox77 said:

    yes that's what I figured too ($700 acquisition fee).

    it looks like the driveoff cost = registration + doc fee + 1st month payment, and the $700 acquisition fee is added to the sales price as part of the CAP cost. Is this how things are typically done for a lease?

    kyfdx said:

    firefox77 said:

    Thank you. Here is the offer from a local dealer:

    FWD
    MSRP:51180
    Sales price: 44364

    MF: 0.00016 (after 9 MSDs). residual 56% (39months/15k). sales tax=9%.

    The dealer gave me $469/month lease but my own calculation shows $452. which number is correct?

    Drive off is $967.72 but if I pay it upfront it shouldn't be factored into the monthly payment?

    kyfdx said:

    firefox77 said:

    Hi, what is the MF and residual % for an 39month/15k lease? the car is a FWD with premium+premiumplus+driverassistance. I live in California.

    .00106 MF and 56% residual
    I get the same thing you do.. but, you don't have the CAP cost. The difference is probably the $700 acquisition fee.
    Non-taxable fees are usually paid upfront. Other than that, it's however you wish to structure the lease

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  • firefox77firefox77 Member Posts: 14
    besides the $700 acquisition fee, are there other "hidden" fees for leasing a QX60? Will the dealer charge purchase option fee or disposition fee?
  • kyfdxkyfdx Moderator Posts: 267,202
    firefox77 said:

    besides the $700 acquisition fee, are there other "hidden" fees for leasing a QX60? Will the dealer charge purchase option fee or disposition fee?

    There is a disposition fee on just about every lease. It's charged by the bank... but, not until lease end.

    Will there be other fees you aren't expecting? Probably... you should be on the lookout for every extra charge.

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  • malleinmallein Member Posts: 6
    edited June 2015
    Hi. What is the MF and residual % for an 39month/12/15k lease in California-Bay Area? Infinity QX60 AWD Technology and Entertainment packages. Also, what is the best term for June?
  • MichaellMichaell Moderator Posts: 263,422
    mallein said:

    Hi. What is the MF and residual % for an 39month/12/15k lease in California-Bay Area? Infinity QX60 AWD Technology and Entertainment packages. Also, what is the best term for June?

    36/15 on the QX60 AWD is .00106 and 57%. 39 month residual is the same as 36 months, so that's the sweet spot this month.

    Add 2% for 12K per year.

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  • firefox77firefox77 Member Posts: 14
    one of the dealers told me that even without considering the acquisition fee ($700), the sales price on a lease would be higher than the sales price on a purchase - is this true or negotiable?
    kyfdx said:

    firefox77 said:

    besides the $700 acquisition fee, are there other "hidden" fees for leasing a QX60? Will the dealer charge purchase option fee or disposition fee?

    There is a disposition fee on just about every lease. It's charged by the bank... but, not until lease end.

    Will there be other fees you aren't expecting? Probably... you should be on the lookout for every extra charge.
  • malleinmallein Member Posts: 6
    Do you have the same for a Lexus GX460? Thanks.
  • MichaellMichaell Moderator Posts: 263,422
    mallein said:

    Do you have the same for a Lexus GX460? Thanks.

    Probably best if you post in the correct discussion.

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  • firefox77firefox77 Member Posts: 14
    I am at a dealer now and salesperson said Infiniti only allows  7 msds (not 9) on a fully loaded QX60. Is that bogus?
  • MichaellMichaell Moderator Posts: 263,422
    firefox77 said:
    I am at a dealer now and salesperson said Infiniti only allows  7 msds (not 9) on a fully loaded QX60. Is that bogus?
    Don't honestly know. If each one reduces the MF by .00008 then that makes sense

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  • kyfdxkyfdx Moderator Posts: 267,202
    firefox77 said:

    I am at a dealer now and salesperson said Infiniti only allows  7 msds (not 9) on a fully loaded QX60. Is that bogus?

    That's not true... .00106 MF... 9 MSDs allowed, which lowers the MF to .00016.

    We've had a couple of examples from other members that have got that reduction on this very model.

    I did 9 MSDs myself on an Infiniti (granted, that was 2011)

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