2015 Infiniti Q50 Lease Questions

kyfdx

bo16 said:

Can I get MF & Residual for Q50S RWD, 39mo, 15k in socal. Thanks.

.00032 MF and 52% residual

EandOH

cagorm said:

Tonight I leased a moonlight white/graphite Q50S AWD with Nav and Touring with an MSRP of $51,225 and a selling price of $42,756.64 (plus $499 processing fee) for 39 months with 12,000 miles per year and a money factor of .00018. My zero down, pre-tax monthly payment is $430.28. Below is a breakdown of the calculation. Thank you to everyone participating in this forum (especially the moderator) for sharing such useful information.

MSRP $51,225
Agreed upon value of vehicle $42,756.64
Acquisition Fee $700
Processing Fee $499
Cap Cost $43,995.64
Residual $27,677.70
Money Factor .00018
Monthly Rent Charge $12.89
Monthly Depreciation $417.38
Monthly Payment $430.28

My dealer says everything looks right about this info except he cannot get to the monthly payment. For a Q50 Sport w/MSRP of $47k, he's coming up with monthly payment of $470? Is your monthly payment figure accurate? If so, can please provide name of dealer?

pmo86

EandOH said:

My dealer says everything looks right about this info except he cannot get to the monthly payment. For a Q50 Sport w/MSRP of $47k, he's coming up with monthly payment of $470? Is your monthly payment figure accurate? If so, can please provide name of dealer?

I calculate the same payment (430) using his numbers. Is your dealer including tax in the payment? If not, they are adding extra costs in somewhere.

bo16

What do you think of this deal? In socal area.
Q50S RWD, Nav, Tech, Deluxe Touring, spare tire, ill kick plates.
39mo/15k
$0 drive off
MSRP $53095
Fees $500
Cap Cost $44122
Residual $27609
Monthly Payment $497.00 (includes tax)

Thanks.

Michaell

bo16 said:

What do you think of this deal? In socal area.
Q50S RWD, Nav, Tech, Deluxe Touring, spare tire, ill kick plates.
39mo/15k
$0 drive off
MSRP $53095
Fees $500
Cap Cost $44122
Residual $27609
Monthly Payment $497.00 (includes tax)

Thanks.

I get $482/mo before tax; 9% tax should take the payment to about $525/mo, so your deal looks very good by comparison.

known_unknown

Hello all,

Can someone please let me know if the lease payment matches...

2015 AWD Premium w/ Navi

MSRP $44,105
Adjusted cap cost: $37,105
MF: .00018 = .432%
Residual: 55%

$840 due at signing... first months payment doc fees.

Monthly payment of $437.21 (I live in Illinois

THANK YOU!!

known_unknown

Oops, forgot to mention 39 months/10k miles lease.

kyfdx

known_unknown said:

Hello all,

Can someone please let me know if the lease payment matches...

2015 AWD Premium w/ Navi

MSRP $44,105
Adjusted cap cost: $37,105
MF: .00018 = .432%
Residual: 55%

$840 due at signing... first months payment doc fees.

Monthly payment of $437.21 (I live in Illinois

THANK YOU!!

With that adjusted CAP cost, I get a payment of $368/mo.

But, I don't see any provision for the acquisition fee or tax in your deal. I'd guess that the adjusted CAP cost is not actually the adjusted CAP cost.

Also, don't bother converting the money factor to an APR. That's not used in the calculations.

ny311

I am brand new to leasing and have no idea on working out a good deal with dealers. I have purchased many vehicles in the past with great price but wanted to see if leasing makes sense for me. I am interested in Q50 AWD Premium. I am in Queens, NY. What prices should I be looking at? I would like to save overall for the time of lease and do not mind putting some money down. Thanks for any help you can provide.

Michaell

ny311 said:

I am brand new to leasing and have no idea on working out a good deal with dealers. I have purchased many vehicles in the past with great price but wanted to see if leasing makes sense for me. I am interested in Q50 AWD Premium. I am in Queens, NY. What prices should I be looking at? I would like to save overall for the time of lease and do not mind putting some money down. Thanks for any help you can provide.

You negotiate a lease just like you would a purchase ... get the best selling price possible. There are some fees that exist for leases that don't when you buy (bank fee, for example); these are due when you sign the paperwork.

After that, it's just a matter of crunching the lease numbers ... what lease term and miles per year are you looking for? .00018 is the MF for the AWD and 53% is the 36 month, 15,000 mile per year residual value.

ny311

Michaell said:

ny311 said:

I am brand new to leasing and have no idea on working out a good deal with dealers. I have purchased many vehicles in the past with great price but wanted to see if leasing makes sense for me. I am interested in Q50 AWD Premium. I am in Queens, NY. What prices should I be looking at? I would like to save overall for the time of lease and do not mind putting some money down. Thanks for any help you can provide.

You negotiate a lease just like you would a purchase ... get the best selling price possible. There are some fees that exist for leases that don't when you buy (bank fee, for example); these are due when you sign the paperwork.

After that, it's just a matter of crunching the lease numbers ... what lease term and miles per year are you looking for? .00018 is the MF for the AWD and 53% is the 36 month, 15,000 mile per year residual value.

Thx for the quick reply. I can do 24/36/39mo with 12k miles/yr. I am still trying to understand how MF and residual values work.

Michaell

ny311 said:

Michaell said:

ny311 said:

I am brand new to leasing and have no idea on working out a good deal with dealers. I have purchased many vehicles in the past with great price but wanted to see if leasing makes sense for me. I am interested in Q50 AWD Premium. I am in Queens, NY. What prices should I be looking at? I would like to save overall for the time of lease and do not mind putting some money down. Thanks for any help you can provide.

You negotiate a lease just like you would a purchase ... get the best selling price possible. There are some fees that exist for leases that don't when you buy (bank fee, for example); these are due when you sign the paperwork.

After that, it's just a matter of crunching the lease numbers ... what lease term and miles per year are you looking for? .00018 is the MF for the AWD and 53% is the 36 month, 15,000 mile per year residual value.

Thx for the quick reply. I can do 24/36/39mo with 12k miles/yr. I am still trying to understand how MF and residual values work.

You might start here:

http://www.edmunds.com/car-leasing/should-you-lease-or-buy-your-car.html

dk01

Hello,

Looking to lease a 2015 q50 base awd in new jersey. Msrp is $41,930. Can you provide the mf and residual for the base awd in nj? For 10k, 36/39mths and 12k 36/39mths. I know most dealers nj are offering 39 mths. Also if any one in nj has recently purchased or leased a base q50 awd how much off Msrp were you able to get? How much off invoice is possible currently?

I'm looking to max out the MSD and try and get this particular base q50 awd bet. $230-260 per month. Is this possible? 

One dealership in nj is offering $299/ mth for 39mths with $999 + ttl at closing. The $999 is bank fee of $700 +1st months payment. This is for the base q50awd. Thanks so much for your help!

Michaell

dk01 said:

Hello,

Looking to lease a 2015 q50 base awd in new jersey. Msrp is $41,930. Can you provide the mf and residual for the base awd in nj? For 10k, 36/39mths and 12k 36/39mths. I know most dealers nj are offering 39 mths. Also if any one in nj has recently purchased or leased a base q50 awd how much off Msrp were you able to get? How much off invoice is possible currently?

I'm looking to max out the MSD and try and get this particular base q50 awd bet. $230-260 per month. Is this possible? 

One dealership in nj is offering $299/ mth for 39mths with $999 + ttl at closing. The $999 is bank fee of $700 +1st months payment. This is for the base q50awd. Thanks so much for your help!

36/12 AWD Base is 56% and .00018. Add 1% for 10K. Subtract 1% for 39 months.

Read back through the last couple of pages of posts to see what others have been able to negotiate as far as discounts; you can also use the pricing tools here at Edmunds (make / model / year) at the top of the page to help set price targets.

dk01

Michaell said:

Hello,

Looking to lease a 2015 q50 base awd in new jersey. Msrp is $41,930. Can you provide the mf and residual for the base awd in nj? For 10k, 36/39mths and 12k 36/39mths. I know most dealers nj are offering 39 mths. Also if any one in nj has recently purchased or leased a base q50 awd how much off Msrp were you able to get? How much off invoice is possible currently?

I'm looking to max out the MSD and try and get this particular base q50 awd bet. $230-260 per month. Is this possible? 

One dealership in nj is offering $299/ mth for 39mths with $999 + ttl at closing. The $999 is bank fee of $700 +1st months payment. This is for the base q50awd. Thanks so much for your help!

36/12 AWD Base is 56% and .00018. Add 1% for 10K. Subtract 1% for 39 months. Read back through the last couple of pages of posts to see what others have been able to negotiate as far as discounts; you can also use the pricing tools here at Edmunds (make / model / year) at the top of the page to help set price targets.

Thank you for the quick response! 

calebej

I am looking to lease a Q50 and feel like the price is a bit high. The dealer quoted me a Q50a with MSRP of $41,085 with a Selling Price of $37,019. That seems high given the discussion on this forum.

dk01

calebej said:

I am looking to lease a Q50 and feel like the price is a bit high. The dealer quoted me a Q50a with MSRP of $41,085 with a Selling Price of $37,019. That seems high given the discussion on this forum.

I'd say 37k is too high. I looked on this board and some others and it looks like discounts can be had for 15-18% off msrp. 

Michaell

calebej said:

I am looking to lease a Q50 and feel like the price is a bit high. The dealer quoted me a Q50a with MSRP of $41,085 with a Selling Price of $37,019. That seems high given the discussion on this forum.

Try reaching out to a second dealer. The competition will help you get the price you want. 

zhyder1212

Can someone please tell me the MF and residual for Q50 Premium AWD/RWD for 39 months / 12K miles? Thanks!

kyfdx

zhyder1212 said:

Can someone please tell me the MF and residual for Q50 Premium AWD/RWD for 39 months / 12K miles? Thanks!

AWD: .00018 MF and 54% residual
RWD: .00032 MF and 54% residual

carnado

I feel like I'm getting a pretty good deal but this is my first time leasing so I want to be sure. I am in NY and here are my numbers:

$339 a month, 0 down, $1486.27 due at signing

2015 INFINITI Q50 AWD Base

Payment Details
Term 39 months
Base Payment $339.99
Total Payment $339.99
Purchase Option $23,780.80
MSRP $41,930.00
Est. Miles Per Year 10,000
Disposition Fee $395.00
Excess Mileage Charge 0.25


Amount Due at Signing
1st Month Payment $339.99
Acquisition Fee $700.00
Fees & Insurance $377.50
Upfront Taxes $68.78
Total Inception Fees $1,486.27


Tax Information
Customer State: New York
Type Amount Rate Paid
Cashdown Tax $68.78 8.8750% Upfront
Upfront Tax $1,176.04 8.8750% Capped

Fee Information
Description Amount Paid
Doc Fee $75.00 Upfront
Registration $280.00 Upfront
Inspection $10.00 Upfront
Tire Tax $12.50 Upfront

kyfdx

carnado said:

I feel like I'm getting a pretty good deal but this is my first time leasing so I want to be sure. I am in NY and here are my numbers:

$339 a month, 0 down, $1486.27 due at signing

2015 INFINITI Q50 AWD Base

Payment Details
Term 39 months
Base Payment $339.99
Total Payment $339.99
Purchase Option $23,780.80
MSRP $41,930.00
Est. Miles Per Year 10,000
Disposition Fee $395.00
Excess Mileage Charge 0.25


Amount Due at Signing
1st Month Payment $339.99
Acquisition Fee $700.00
Fees & Insurance $377.50
Upfront Taxes $68.78
Total Inception Fees $1,486.27


Tax Information
Customer State: New York
Type Amount Rate Paid
Cashdown Tax $68.78 8.8750% Upfront
Upfront Tax $1,176.04 8.8750% Capped

Fee Information
Description Amount Paid
Doc Fee $75.00 Upfront
Registration $280.00 Upfront
Inspection $10.00 Upfront
Tire Tax $12.50 Upfront

.00018 MF and 56% residual

Can't really calculate it, because you don't give the selling price or CAP cost.

known_unknown

I've reached out to three dealers and I keep getting the same monthly rate of $442 a month. No dealer will go below 7k off msrp for AWD PREMIUM W/NAVI :-\. When I ask them to quote me for just the base (with me paying first month/fee) they come back with $399. I feel like they're screwing with me lol.

For instance, here is the latest deal:

MSRP:$44,305
CAP: $39,738
Residual: 55%
39 month lease
10k miles/year
$442.18/mo. (includes your 9% monthly usage tax for Chicago residents)
$831.61 due @ signing (covers your first month payments and all fees)

Can I do better? TIA!

Michaell

known_unknown said:

I've reached out to three dealers and I keep getting the same monthly rate of $442 a month. No dealer will go below 7k off msrp for AWD PREMIUM W/NAVI :-\. When I ask them to quote me for just the base (with me paying first month/fee) they come back with $399. I feel like they're screwing with me lol.

For instance, here is the latest deal:

MSRP:$44,305
CAP: $39,738
Residual: 55%
39 month lease
10k miles/year
$442.18/mo. (includes your 9% monthly usage tax for Chicago residents)
$831.61 due @ signing (covers your first month payments and all fees)

Can I do better? TIA!

My calculations are within .02 of what you are being quoted. Only way to improve on this deal is to negotate a lower cap price.

There may be a shortage of stock in the Chicago area, therefore the discounts aren't quite as great. You might try Milwaukee or Indianapolis to see if you can get more of a discount.

ny311

carnado said:

I feel like I'm getting a pretty good deal but this is my first time leasing so I want to be sure. I am in NY and here are my numbers:

$339 a month, 0 down, $1486.27 due at signing

2015 INFINITI Q50 AWD Base

Payment Details
Term 39 months
Base Payment $339.99
Total Payment $339.99
Purchase Option $23,780.80
MSRP $41,930.00
Est. Miles Per Year 10,000
Disposition Fee $395.00
Excess Mileage Charge 0.25


Amount Due at Signing
1st Month Payment $339.99
Acquisition Fee $700.00
Fees & Insurance $377.50
Upfront Taxes $68.78
Total Inception Fees $1,486.27


Tax Information
Customer State: New York
Type Amount Rate Paid
Cashdown Tax $68.78 8.8750% Upfront
Upfront Tax $1,176.04 8.8750% Capped

Fee Information
Description Amount Paid
Doc Fee $75.00 Upfront
Registration $280.00 Upfront
Inspection $10.00 Upfront
Tire Tax $12.50 Upfront

Could you please tell me what dealership this is? is the $339 inclusive of all taxes and fee monthly?

shogunzek

Would like to get thoughts on the following deal:

2015 Q50 RWD w/Prem and Nav
10k/36 months

MSRP:42,945
Net capitalized Cost: 33,653
Residual Value 24,049
MF: .00032

$311 Monthly Payment (includes tax)

2000 down (includes first month payment, tax, title, license, registration

kyfdx

shogunzek said:

Would like to get thoughts on the following deal:

2015 Q50 RWD w/Prem and Nav
10k/36 months

MSRP:42,945
Net capitalized Cost: 33,653
Residual Value 24,049
MF: .00032

$311 Monthly Payment (includes tax)

2000 down (includes first month payment, tax, title, license, registration

I get $285/mo.+tax.

shogunzek

kyfdx said:

shogunzek said:

Would like to get thoughts on the following deal:

2015 Q50 RWD w/Prem and Nav
10k/36 months

MSRP:42,945
Net capitalized Cost: 33,653
Residual Value 24,049
MF: .00032

$311 Monthly Payment (includes tax)

2000 down (includes first month payment, tax, title, license, registration

I get $285/mo.+tax.

Yup. They have 285.25 before tax. Tax is 25. Good deal?

kyfdx

shogunzek said:

kyfdx said:

shogunzek said:

Would like to get thoughts on the following deal:

2015 Q50 RWD w/Prem and Nav
10k/36 months

MSRP:42,945
Net capitalized Cost: 33,653
Residual Value 24,049
MF: .00032

$311 Monthly Payment (includes tax)

2000 down (includes first month payment, tax, title, license, registration

I get $285/mo.+tax.

Yup. They have 285.25 before tax. Tax is 25. Good deal?

Looks good from here..

full10

Just got this offer for
2015 AWD Q50s with navigation package in Ohio. 39 mo/ 15k
I have vpp discount code.
MSRP $48840 ( i think)
gross cap cost $42726
RV $25396 (52%)
MF .00038
1600$ up front
503$/ mo

Any thoughts on offer or suggestions to negotiate it down. New to negotiating leases. Thanks

Michaell

full10 said:

Just got this offer for
2015 AWD Q50s with navigation package in Ohio. 39 mo/ 15k
I have vpp discount code.
MSRP $48840 ( i think)
gross cap cost $42726
RV $25396 (52%)
MF .00038
1600$ up front
503$/ mo

Any thoughts on offer or suggestions to negotiate it down. New to negotiating leases. Thanks

MF is marked up from .00018.

I get $457/mo+tax with the base MF; $470/mo with inflated MF.

What is the breakdown of the $1600 due at signing?

full10

1600 breakdown includes 700$ acquistion fee, first mo payment of 503$, the rest is sales tax, documentation and liscense fee. 
Who sets the MF? The dealer made it seem like it wasn't up to them or negotiable.

kyfdx

full10 said:

1600 breakdown includes 700$ acquistion fee, first mo payment of 503$, the rest is sales tax, documentation and liscense fee. 
Who sets the MF? The dealer made it seem like it wasn't up to them or negotiable.

The leasing bank sets the base money factor. Dealers can mark that up for extra profit.

ee506795

Hey guys I would like some help with my deal
2015 infinity Q50 premium with nav 
39 months/10k 
MSRP 44,145
Gross cap 33,500 
RV 24,721
MF .00225
3,500 down 
$345.06 month and they said $360 for 12k miles 
I'm a first time buyer and credit score is 640 they're saying that's the best that they can do. They said that they had to call the bank for a favor in order for them to approve me

kyfdx

ee506795 said:

Hey guys I would like some help with my deal
2015 infinity Q50 premium with nav 
39 months/10k 
MSRP 44,145
Gross cap 33,500 
RV 24,721
MF .00225
3,500 down 
$345.06 month and they said $360 for 12k miles 
I'm a first time buyer and credit score is 640 they're saying that's the best that they can do. They said that they had to call the bank for a favor in order for them to approve me

Yeah.. money factors get pretty high, as you go down the scale.. Either .00166 or .00222 at your level..

I'd say shop another brand, and see if they pull a better score.. but, Infiniti has a great lease program, otherwise, so I doubt you'll do a lot better on payment.

Either this, or lease a cheaper car..

zhyder1212

I would love some help on a deal I'm evaluating in Socal:

2015 Q50 RWD Premium (No Nav) - 12K miles

MSRP: 41,545
Selling: 33,967
Down: $1,200 (first month + drive off)
MF: 0.0032

Monthly Payment: $339 (including tax)

kyfdx

zhyder1212 said:

I would love some help on a deal I'm evaluating in Socal:

2015 Q50 RWD Premium (No Nav) - 12K miles

MSRP: 41,545
Selling: 33,967
Down: $1,200 (first month + drive off)
MF: 0.0032

Monthly Payment: $339 (including tax)

How many months?

zhyder1212

kyfdx said:

zhyder1212 said:

I would love some help on a deal I'm evaluating in Socal:

2015 Q50 RWD Premium (No Nav) - 12K miles

MSRP: 41,545
Selling: 33,967
Down: $1,200 (first month + drive off)
MF: 0.0032

Monthly Payment: $339 (including tax)

How many months?

39 months

kyfdx

zhyder1212 said:

kyfdx said:

zhyder1212 said:

I would love some help on a deal I'm evaluating in Socal:

2015 Q50 RWD Premium (No Nav) - 12K miles

MSRP: 41,545
Selling: 33,967
Down: $1,200 (first month + drive off)
MF: 0.0032

Monthly Payment: $339 (including tax)

How many months?

39 months

I get $314/mo. plus tax.... looks like a stellar deal.

ny311

Got a quote today from a dealer in NY for $399/mo with $2k down for 39 mo for a AWD/Premium. Can I do better? He wants me to stop by the dealership to get a better deal. Once, I am there, what should i ask and be careful of? Have never leased before.

Michaell

ny311 said:

Got a quote today from a dealer in NY for $399/mo with $2k down for 39 mo for a AWD/Premium. Can I do better? He wants me to stop by the dealership to get a better deal. Once, I am there, what should i ask and be careful of? Have never leased before.

MSRP? Selling price? Break down of the $2K due at signing? Miles per year?

All of the above are necessary to fully evaluate the offer you were made.

ny311

Michaell said:

ny311 said:

Got a quote today from a dealer in NY for $399/mo with $2k down for 39 mo for a AWD/Premium. Can I do better? He wants me to stop by the dealership to get a better deal. Once, I am there, what should i ask and be careful of? Have never leased before.

MSRP? Selling price? Break down of the $2K due at signing? Miles per year?

All of the above are necessary to fully evaluate the offer you were made.

He didnt mention any of that in the quote. Wants me to stop by. Miles per year is 12k.

Michaell

ny311 said:

Michaell said:

ny311 said:

Got a quote today from a dealer in NY for $399/mo with $2k down for 39 mo for a AWD/Premium. Can I do better? He wants me to stop by the dealership to get a better deal. Once, I am there, what should i ask and be careful of? Have never leased before.

MSRP? Selling price? Break down of the $2K due at signing? Miles per year?

All of the above are necessary to fully evaluate the offer you were made.

He didnt mention any of that in the quote. Wants me to stop by. Miles per year is 12k.

The relevant lease numbers for the Q50 AWD Premium are .00018 and 54%. But, not knowing the MSRP or the selling price puts you at a disadvantage. I'd ask for that information before going to the dealership.

ny311

I emailed him and they just got back to me saying he quoated me with MSRP of 45k.

ny311

What's a good percentage to start off the negotiations off of MSRP?

Michaell

ny311 said:

What's a good percentage to start off the negotiations off of MSRP?

Use the pricing tools at the top of the page (make / model / year) to get pricing help. You can also read back through the last page or two of this discussion as well to see what others have been able to negotiate.

fury63

Is there a rule of thumb for how dealers handle mileage above 15k? Residual percentage reduction? Money factor increase? Adding a straight 10 cents per mile onto the lease payment?

I'd appreciate any insight.

Michaell

fury63 said:

Is there a rule of thumb for how dealers handle mileage above 15k? Residual percentage reduction? Money factor increase? Adding a straight 10 cents per mile onto the lease payment?

I'd appreciate any insight.

Some manufacturers (Ford, for one) offers a straight residual modification. Most, however, deduct a fixed amount for each extra mile, but the charge varies between .10 and .25 per.

So, if the charge is .10, and you want 18K per year instead of 15K on a 3 year lease, the extra 9000 miles will cost you $900, which is deducted from the residual amount based off the 15K residual percentage.

ny311

Michaell said:

ny311 said:

Got a quote today from a dealer in NY for $399/mo with $2k down for 39 mo for a AWD/Premium. Can I do better? He wants me to stop by the dealership to get a better deal. Once, I am there, what should i ask and be careful of? Have never leased before.

MSRP? Selling price? Break down of the $2K due at signing? Miles per year?

All of the above are necessary to fully evaluate the offer you were made.

I got some #'s from dealer if you can further help me, I would appreciate it. Dealer came back with 1500 down and 340/mo for AWD Premium with 12k miles. He didnt mention msrp but residual is $22,248, cap about $300. The money factor is .000080 and the residual is 54%.

Michaell

ny311 said:

Michaell said:

ny311 said:

Got a quote today from a dealer in NY for $399/mo with $2k down for 39 mo for a AWD/Premium. Can I do better? He wants me to stop by the dealership to get a better deal. Once, I am there, what should i ask and be careful of? Have never leased before.

MSRP? Selling price? Break down of the $2K due at signing? Miles per year?

All of the above are necessary to fully evaluate the offer you were made.

I got some #'s from dealer if you can further help me, I would appreciate it. Dealer came back with 1500 down and 340/mo for AWD Premium with 12k miles. He didnt mention msrp but residual is $22,248, cap about $300. The money factor is .000080 and the residual is 54%.

Still need the selling price in order to figure out if this is a good deal. I confirm the MF and residual values, however.