Options

2015 Infiniti Q50 Lease Questions

1262729313234

Comments

  • jkipsterjkipster Member Posts: 272
    Just a reference for you folks. Here is the latest local offer for the base RWD Q50 with no options. Based on MSRP of $38,055 on a 39mo/10K lease with destination, bank fee, DMV and first payment included. $259/mo before tax, zero drive off.

    I don't know the net cap cost for this but it would be easy to estimate if mods provide the MF and residual. This is the published offer, so a shrewd negotiator could probably get better terms.




    2001 Passat
    2010 G37S Sedan
    2013 G37xS Sedan
    2014 QX60
    2015 Q40
    2016 QX60
    2016 E350 Sedan
    2017 QX60
    2019 E450 Wagon
    2021 Sienna XSE AWD
    2022 Lexus RX350
    2022 Chrysler Pacifica Hybrid Limited
    2023 Nissan Pathfinder Platinum 4WD
  • captarbitragecaptarbitrage Member Posts: 47
    May I please request the following MF and residuals for a Q50 Sport AWD in upstate NY?

    24 mo 12,000 and 15,000 miles per year
    36 mo 12,000 and 15,000 miles per year

    Thank you in advance!

  • MichaellMichaell Moderator Posts: 263,002

    May I please request the following MF and residuals for a Q50 Sport AWD in upstate NY?

    24 mo 12,000 and 15,000 miles per year
    36 mo 12,000 and 15,000 miles per year

    Thank you in advance!

    .00008 MF for both terms

    24/15 - 56%
    36/15 - 51%

    Add 2% for 12K

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • frank310frank310 Member Posts: 47
    Can you give me the MF and Residual on these 2 models, looking at 36 or 39 month lease 12k miles per year in NJ
    Q50 AWD Premium Nav
    Q50 AWD Premium Nav Deluxe

    Thanks.
  • killrkillr Member Posts: 35
    New numbers for February? 39mo/12k Premium RWD
  • MichaellMichaell Moderator Posts: 263,002
    frank310 said:

    Can you give me the MF and Residual on these 2 models, looking at 36 or 39 month lease 12k miles per year in NJ
    Q50 AWD Premium Nav
    Q50 AWD Premium Nav Deluxe

    Thanks.

    .00008 and 53% for 36/12 or 52% for 39/12

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • ddaniels1ddaniels1 Member Posts: 8
    Hello, I need some help about a lease.
    Deal offered: Q50 premium rwd with nav & leather seating 12,000 miles 39 months.

    MSRP $43,755
    Discount 3,722.
    Net Price 40,033.77
    Money Factor: .00052
    Residual 52%

    Monthly payment: $ 537 including tax
    Money due at signing: $ 1759 (first payment $552, Dealer fee $999, State electronic filing $119, Tax 109 ) + tag transfer.

    Deal is in Florida. Credit is tier 3. This seems priced high to me and I don't know much about leases. any thoughts?
  • MichaellMichaell Moderator Posts: 263,002
    ddaniels1 said:

    Hello, I need some help about a lease.
    Deal offered: Q50 premium rwd with nav & leather seating 12,000 miles 39 months.

    MSRP $43,755
    Discount 3,722.
    Net Price 40,033.77
    Money Factor: .00052
    Residual 52%

    Monthly payment: $ 537 including tax
    Money due at signing: $ 1759 (first payment $552, Dealer fee $999, State electronic filing $119, Tax 109 ) + tag transfer.

    Deal is in Florida. Credit is tier 3. This seems priced high to me and I don't know much about leases. any thoughts?

    .00032 MF is base through tier 4, so that is marked up.

    I think the $999 dealer fee is a record around here.

    With the base MF, I get $491/mo assuming 6% tax.

    Find out what the net cap cost is - might be higher than the net price you've shared.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • ddaniels1ddaniels1 Member Posts: 8
    edited February 2016
    s

    is the net cap on here?
    also, should I ask to reduce dealer fee and monthly price to 490? Thanks in advance for all of the help!
  • MichaellMichaell Moderator Posts: 263,002
    ddaniels1 said:

    s

    is the net cap on here?
    also, should I ask to reduce dealer fee and monthly price to 490? Thanks in advance for all of the help!

    Looks like a dealer printout - not sure how much faith I'd put into their numbers.

    Use the "make model year" pull downs at the top of the page to link to the Edmunds price tools. Can't hurt to independently verify the numbers.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • killrkillr Member Posts: 35
    New numbers for February? 39mo/12k Premium RWD
  • MichaellMichaell Moderator Posts: 263,002
    killr said:

    New numbers for February? 39mo/12k Premium RWD

    .00032 and 52%

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • btob7f1btob7f1 Member Posts: 16
    Could I please have numbers for the Q50 hybrid:

    12k mi/36 mo/24mo
    10kmi/36 mo/24mo

    Thank you!!
  • kyfdxkyfdx Moderator Posts: 266,684
    btob7f1 said:

    Could I please have numbers for the Q50 hybrid:

    12k mi/36 mo/24mo
    10kmi/36 mo/24mo

    Thank you!!

    Premium or Sport?

    RWD or AWD?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • btob7f1btob7f1 Member Posts: 16
    kyfdx said:
    Could I please have numbers for the Q50 hybrid: 12k mi/36 mo/24mo 10kmi/36 mo/24mo Thank you!!
    Premium or Sport? RWD or AWD?
    Sorry, actually hybrid RWD, please and thanks
  • btob7f1btob7f1 Member Posts: 16
    btob7f1 said:
    kyfdx said:
    Could I please have numbers for the Q50 hybrid: 12k mi/36 mo/24mo 10kmi/36 mo/24mo Thank you!!
    Premium or Sport? RWD or AWD?
    Sorry, actually hybrid RWD, please and thanks
    And this is for south east region- Auburn AL 36830
  • kyfdxkyfdx Moderator Posts: 266,684
    btob7f1 said:


    btob7f1 said:


    kyfdx said:

    btob7f1 said:

    Could I please have numbers for the Q50 hybrid:

    12k mi/36 mo/24mo
    10kmi/36 mo/24mo

    Thank you!!

    Premium or Sport?

    RWD or AWD?

    Sorry, actually hybrid RWD, please and thanks

    And this is for south east region- Auburn AL 36830

    .00050 MF and 54% residual for 39mo, 12K/yr. Premium Hybrid RWD

    Add 1% for 10K/yr. The other terms aren't nearly as good.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • lukeryanlukeryan Member Posts: 27
    edited February 2016
    Would anyone be able to tell me if this is a good deal or if I could possibly negotiate this down. It's for a 2015 Q50 Premium RWD w/ Nav Package. I'm in Los Angeles, CA if that somehow makes a difference on the MF or anything like that. Was also wondering what the Net Cap Cost on this is. I only think the residual price is listed as the "Payment Purchase"...Thanks!


  • kyfdxkyfdx Moderator Posts: 266,684
    @lukeryan Funny how they name the document, Customer Disclosure, but don't really disclose much.

    No, they don't give a selling price or CAP cost.

    .00032 MF and 53% residual.

    Can't really tell you specifics, but $1473/mo upfront and $309/mo. looks like a pretty low payment for a $43K MSRP vehicle.

    No need to pay the acquisition fee upfront. You can roll that into the payment. That would knock your upfront down to about $700, and add $20/mo. to the payment.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • lukeryanlukeryan Member Posts: 27
    @kyfdx, yeah I'm not sure why he didn't include the selling price or CAP cost in there. I kinda fooled around with the Edmunds' calculator and put in all of the numbers he's already provided (including the MF and residual % that you've listed here) and I've deduced that the selling price is probably $34K and CAP cost $33K, b/c he did mention something about him being able to knock an additional $1,000 off from the selling price. I think I'm gonna walk into a dealership soon and just tell them I have an offer of $295/mo. on the table elsewhere, but they don't have the color I want in their inventory and if they can match that price, I will sign immediately. I doubt they let me walk out of there.
  • killrkillr Member Posts: 35
    What exactly is the acquisition fee? Is that something you can get dropped?
  • kyfdxkyfdx Moderator Posts: 266,684
    killr said:

    What exactly is the acquisition fee? Is that something you can get dropped?

    The bank gets that fee for financing the lease, providing GAP insurance, etc. No, it's non-negotiable.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • carzcarz Member Posts: 26
    I have a G37x with 3 months left on my lease. Inifiniti has in place the pull ahead program which waives 2 of my payments and expires March 31, 2016. So the bottom line if I take advantage of this before 03/31 I will be free and clear of my lease. I have 2 offers by phone as they called me from my dealer In Long Island, NY. Of course these are the first #'s given as I am sure they will go down. I do not have any specifics of how they arrived at these #'s but they do seem decent to start. Will get that info once I go to the dealer. One more thing my existing lease will be waived.

    Q50 AWD Signature $344.00 w/tax p/m, $1119 down (acq fee $500, 1st mon, DMV $184, incls tax)
    Q50 AWD Premium $355.00 w/tax p/m, $1131 down (acq fee $500, 1st mon, DMV $184, incls tax)
    39 months 10,000 miles

    What are the MF and Resid #;s for NYC and Long Island?
    39 months 10,000 miles
  • kyfdxkyfdx Moderator Posts: 266,684
    carz said:

    I have a G37x with 3 months left on my lease. Inifiniti has in place the pull ahead program which waives 2 of my payments and expires March 31, 2016. So the bottom line if I take advantage of this before 03/31 I will be free and clear of my lease. I have 2 offers by phone as they called me from my dealer In Long Island, NY. Of course these are the first #'s given as I am sure they will go down. I do not have any specifics of how they arrived at these #'s but they do seem decent to start. Will get that info once I go to the dealer. One more thing my existing lease will be waived.

    Q50 AWD Signature $344.00 w/tax p/m, $1119 down (acq fee $500, 1st mon, DMV $184, incls tax)
    Q50 AWD Premium $355.00 w/tax p/m, $1131 down (acq fee $500, 1st mon, DMV $184, incls tax)
    39 months 10,000 miles

    What are the MF and Resid #;s for NYC and Long Island?
    39 months 10,000 miles

    I'm not sure what the Signature model refers to.. I have base, Premium and Sport.

    .00008 MF and 53% residual for Premium and Sport
    .00006 MF and 55% residual for Base.

    I agree, those are good numbers. If you wait a month, will they still have enough stock to make choices?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • carzcarz Member Posts: 26
    edited February 2016
    If you look at the Infiniti website they have a limited edition called the Q50 Signature AWD. It seems to be a base model with upgraded wheels and navigation spoiler. Stickers out at about $40,000

    I finally went to the dealer to try and work out a deal here is the new offer. The Signature Edition is out and the new price for the Q50 Premium AWD with splash guards is now:

    $344.00 (includes tax) + $1360.00 down (includes 1st, acq fee, DMV and taxes)

    There was a hint that they may go a little lower, so let see if that is true. Yes you are correct time is on my side.
  • captarbitragecaptarbitrage Member Posts: 47
    Do you guys recommend any particular lease payment calculator? I was using the Edmunds one and I have developed a spreadsheet based on the article "Calculate Your Own Car Lease Payment" from Edmunds, but I'm not sure if either of them are accurate. I want to be able to see if an offer that a dealership is giving me is accurate on the spot. If anyone has a spreadsheet download they would recommend, I would be happy to use that too.

    Also, I have been trying to find out how tax on a car lease is calculated in upstate NY. Does anyone have any insight or an article to point me to?
  • MichaellMichaell Moderator Posts: 263,002

    Do you guys recommend any particular lease payment calculator? I was using the Edmunds one and I have developed a spreadsheet based on the article "Calculate Your Own Car Lease Payment" from Edmunds, but I'm not sure if either of them are accurate. I want to be able to see if an offer that a dealership is giving me is accurate on the spot. If anyone has a spreadsheet download they would recommend, I would be happy to use that too.

    Also, I have been trying to find out how tax on a car lease is calculated in upstate NY. Does anyone have any insight or an article to point me to?

    The home built one from the article is what I use here in the forums.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • lukeryanlukeryan Member Posts: 27
    Guys, Just got approved for an Infiniti Q50 Premium w/ NAV and Illuminated Kickplates for $320 a month incl. tax and $500 total out of pocket. Original deal was $295 a month incl. tax and $1473 total due, but I'm rolling $973 worth of inception fees into my monthly so I only have to dish out $500. I went into the dealership yesterday and test drove it, then sat down with the dealer and told him $295 was my number and I'm not paying more than that end of story. He let me walk out of the dealership yesterday without a car and called me today telling me that they had approved the deal. I highly encourage anyone out there who wants a Q50 to use my numbers as a guideline because I'm pretty sure I got an absolute steal of a deal!

    MSRP: $42,745
    Sales Price: $32,500
    Mileage: 10K

  • MichaellMichaell Moderator Posts: 263,002
    lukeryan said:

    Guys, Just got approved for an Infiniti Q50 Premium w/ NAV and Illuminated Kickplates for $320 a month incl. tax and $500 total out of pocket. Original deal was $295 a month incl. tax and $1473 total due, but I'm rolling $973 worth of inception fees into my monthly so I only have to dish out $500. I went into the dealership yesterday and test drove it, then sat down with the dealer and told him $295 was my number and I'm not paying more than that end of story. He let me walk out of the dealership yesterday without a car and called me today telling me that they had approved the deal. I highly encourage anyone out there who wants a Q50 to use my numbers as a guideline because I'm pretty sure I got an absolute steal of a deal!

    MSRP: $42,745
    Sales Price: $32,500
    Mileage: 10K

    A most excellent deal. Congrats on the new Q50!

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • save1982save1982 Member Posts: 38
    Can you give me lease rates on 2015 Q50 RWD Premium w/navi 36mo and 39mo / 10k and 12k in Nashville TN? Thanks!!
  • MichaellMichaell Moderator Posts: 263,002
    save1982 said:

    Can you give me lease rates on 2015 Q50 RWD Premium w/navi 36mo and 39mo / 10k and 12k in Nashville TN? Thanks!!

    .00032 and 53% (36/12) or 52% (39/12). Add 1% for 10K

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • tugspeedmantugspeedman Member Posts: 3
    How do these #s look? In Long Island, NY and was given today:
    2015 Q50 Premium w/ NAV, MSRP $45,780
    $405/month with $417 down
  • save1982save1982 Member Posts: 38
    edited February 2016
    I just did this deal but haven't pulled the trigger yet, I'm thinking it over tonight.
    2015 Q50 RWD Premium w/Nav and Leather MSRP $43,750
    Selling Price $33,500
    $0 at drive off
    $340mo Tax included
    39 months 12k miles.

  • gearboygearboy Member Posts: 50
    Hi....do you have figures for a Q50 Hybrid Sport AWD, 36/15k in NJ. Thanks
  • kyfdxkyfdx Moderator Posts: 266,684

    How do these #s look? In Long Island, NY and was given today:
    2015 Q50 Premium w/ NAV, MSRP $45,780
    $405/month with $417 down

    Looks great. Can't check the numbers without the selling price and cap cost, though

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Moderator Posts: 266,684
    gearboy said:

    Hi....do you have figures for a Q50 Hybrid Sport AWD, 36/15k in NJ. Thanks

    .00033 MF and 52% residual

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • irish916irish916 Member Posts: 5
    Is this a good deal? I picked it up on Saturday night.
    Q50S w/ NAV and split-fold rear seat
    MSRP $46,405
    Sale price $36,771
    $2,000 down
    $365/mo. + tax
    39 mos. 12K miles
    Located in Sacramento, CA area.
    Thanks!
  • watson1981watson1981 Member Posts: 4
    Please tell me if this is a decent deal on Q50 AWD sports-

    lease term 39 months
    miles per year 12000
    MSRP 48,195
    final sales price 41,140
    acquisition cost 700
    gross cap cost 41840
    cap cost reduction 1486.06
    Adj cap cost 40353.94
    registration fee 378
    tax on cap cost red 130.03
    doc processing 80
    DMV filing fee 29
    residual value 25061.4

    monthly payment (including tax) = $481.91

    This one is for San Jose, CA
  • watson1981watson1981 Member Posts: 4
    edited February 2016
    Sounds like a lot better deal than what I got. See my comment! You got almost 10k off the msrp. That's some deal in my opinion!
    irish916 said:
    Is this a good deal? I picked it up on Saturday night. Q50S w/ NAV and split-fold rear seat MSRP $46,405 Sale price $36,771 $2,000 down $365/mo. + tax 39 mos. 12K miles Located in Sacramento, CA area. Thanks!
  • MichaellMichaell Moderator Posts: 263,002
    irish916 said:

    Is this a good deal? I picked it up on Saturday night.
    Q50S w/ NAV and split-fold rear seat
    MSRP $46,405
    Sale price $36,771
    $2,000 down
    $365/mo. + tax
    39 mos. 12K miles
    Located in Sacramento, CA area.
    Thanks!

    Looks pretty solid. Congrats and enjoy the new Infiniti.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • MichaellMichaell Moderator Posts: 263,002

    Please tell me if this is a decent deal on Q50 AWD sports-

    lease term 39 months
    miles per year 12000
    MSRP 48,195
    final sales price 41,140
    acquisition cost 700
    gross cap cost 41840
    cap cost reduction 1486.06
    Adj cap cost 40353.94
    registration fee 378
    tax on cap cost red 130.03
    doc processing 80
    DMV filing fee 29
    residual value 25061.4

    monthly payment (including tax) = $481.91

    This one is for San Jose, CA

    $482/mo with tax on a $48K car is a pretty solid deal. Enjoy!

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • killrkillr Member Posts: 35
    How exactly do the added costs work for calculating a lease? Do I add those to the MSRP? They tried to add almost $1600 in costs:

    Appearance Package: $399.00
    Wheel Locks: $199.00
    Window Tint: $399.00
    Zaktek Basic $599.00

    Total: $1596.00
  • MichaellMichaell Moderator Posts: 263,002
    killr said:

    How exactly do the added costs work for calculating a lease? Do I add those to the MSRP? They tried to add almost $1600 in costs:

    Appearance Package: $399.00
    Wheel Locks: $199.00
    Window Tint: $399.00
    Zaktek Basic $599.00

    Total: $1596.00

    Yes, added to the MSRP -- and, they aren't subject to residual, so the $1600 would be spread out over 36 payments, which would add about $44/mo to it.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • donmonopolydonmonopoly Member Posts: 26
    edited February 2016
    Hi! I would totally appreciate an opinion on this deal I have for a 2015 Q50 sport. Here are the terms.

    Q50 Sport
    MSRP - $46,600
    Terms: 39mo X 15K miles
    At signing: $1,430 (includes 1st payment)
    Payment w/ 6% tax: $494
    Dealership to make 2 remaining payments on my BMW totaling $1,376
    MF was .00032
    RV was 50%

    Thoughts? Do you think I can do better? Was going to push for nothing at signing plus getting to make a 3rd BMW payment which will be owed regardless.
  • MichaellMichaell Moderator Posts: 263,002

    Hi! I would totally appreciate an opinion on this deal I have for a 2015 Q50 sport. Here are the terms.

    Q50 Sport
    MSRP - $46,600
    Terms: 39mo X 15K miles
    At signing: $1,430 (includes 1st payment)
    Payment w/ 6% tax: $494
    Dealership to make 2 remaining payments on my BMW totaling $1,376
    MF was .00032
    RV was 50%

    Thoughts? Do you think I can do better? Was going to push for nothing at signing plus getting to make a 3rd BMW payment which will be owed regardless.

    Would need to know the net cap cost to fully evaluate the deal.

    I confirm the .00032 MF and 50% RV for RWD Sport 39/15.

    I would be careful about the disposition of your current lease - are they taking possession of that car? If not, you would still be on the hook for any end of lease charges.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • donmonopolydonmonopoly Member Posts: 26
    Michaell said:

    Hi! I would totally appreciate an opinion on this deal I have for a 2015 Q50 sport. Here are the terms.

    Q50 Sport
    MSRP - $46,600
    Terms: 39mo X 15K miles
    At signing: $1,430 (includes 1st payment)
    Payment w/ 6% tax: $494
    Dealership to make 2 remaining payments on my BMW totaling $1,376
    MF was .00032
    RV was 50%

    Thoughts? Do you think I can do better? Was going to push for nothing at signing plus getting to make a 3rd BMW payment which will be owed regardless.

    Would need to know the net cap cost to fully evaluate the deal.

    I confirm the .00032 MF and 50% RV for RWD Sport 39/15.

    I would be careful about the disposition of your current lease - are they taking possession of that car? If not, you would still be on the hook for any end of lease charges.
    They will not take posession of my current car. They will only remit payment for 2 of 3 outstanding car payments. I will still get the car inspected and hand it over to BMW.

    Without the net cap cost but considering the 2 payments do you think i can do better?
  • kyfdxkyfdx Moderator Posts: 266,684

    Michaell said:

    Hi! I would totally appreciate an opinion on this deal I have for a 2015 Q50 sport. Here are the terms.

    Q50 Sport
    MSRP - $46,600
    Terms: 39mo X 15K miles
    At signing: $1,430 (includes 1st payment)
    Payment w/ 6% tax: $494
    Dealership to make 2 remaining payments on my BMW totaling $1,376
    MF was .00032
    RV was 50%

    Thoughts? Do you think I can do better? Was going to push for nothing at signing plus getting to make a 3rd BMW payment which will be owed regardless.

    Would need to know the net cap cost to fully evaluate the deal.

    I confirm the .00032 MF and 50% RV for RWD Sport 39/15.

    I would be careful about the disposition of your current lease - are they taking possession of that car? If not, you would still be on the hook for any end of lease charges.
    They will not take posession of my current car. They will only remit payment for 2 of 3 outstanding car payments. I will still get the car inspected and hand it over to BMW.

    Without the net cap cost but considering the 2 payments do you think i can do better?
    You are basically eating the last 3 payments on your current lease. Because if the dealer is covering those payments, then they could give you a better deal, if they weren't.

    The Q50 has always been cheap to lease. Why lease it now, when you have 3 months to go on your current lease.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • donmonopolydonmonopoly Member Posts: 26
    kyfdx said:

    Michaell said:

    Hi! I would totally appreciate an opinion on this deal I have for a 2015 Q50 sport. Here are the terms.

    Q50 Sport
    MSRP - $46,600
    Terms: 39mo X 15K miles
    At signing: $1,430 (includes 1st payment)
    Payment w/ 6% tax: $494
    Dealership to make 2 remaining payments on my BMW totaling $1,376
    MF was .00032
    RV was 50%

    Thoughts? Do you think I can do better? Was going to push for nothing at signing plus getting to make a 3rd BMW payment which will be owed regardless.

    Would need to know the net cap cost to fully evaluate the deal.

    I confirm the .00032 MF and 50% RV for RWD Sport 39/15.

    I would be careful about the disposition of your current lease - are they taking possession of that car? If not, you would still be on the hook for any end of lease charges.
    They will not take posession of my current car. They will only remit payment for 2 of 3 outstanding car payments. I will still get the car inspected and hand it over to BMW.

    Without the net cap cost but considering the 2 payments do you think i can do better?
    You are basically eating the last 3 payments on your current lease. Because if the dealer is covering those payments, then they could give you a better deal, if they weren't.

    The Q50 has always been cheap to lease. Why lease it now, when you have 3 months to go on your current lease.
    I am 6,200 miles over on my BMW and out of warranty. Getting out of the car now would avoid further overage at 20 cents per mile. I would also like to avoid any mechanical issues that might pop up over the next 3 months.
  • MichaellMichaell Moderator Posts: 263,002
    Hi! I would totally appreciate an opinion on this deal I have for a 2015 Q50 sport. Here are the terms. Q50 Sport MSRP - $46,600 Terms: 39mo X 15K miles At signing: $1,430 (includes 1st payment) Payment w/ 6% tax: $494 Dealership to make 2 remaining payments on my BMW totaling $1,376 MF was .00032 RV was 50% Thoughts? Do you think I can do better? Was going to push for nothing at signing plus getting to make a 3rd BMW payment which will be owed regardless.
    Would need to know the net cap cost to fully evaluate the deal. I confirm the .00032 MF and 50% RV for RWD Sport 39/15. I would be careful about the disposition of your current lease - are they taking possession of that car? If not, you would still be on the hook for any end of lease charges.
    They will not take posession of my current car. They will only remit payment for 2 of 3 outstanding car payments. I will still get the car inspected and hand it over to BMW. Without the net cap cost but considering the 2 payments do you think i can do better?
    You are basically eating the last 3 payments on your current lease. Because if the dealer is covering those payments, then they could give you a better deal, if they weren't. The Q50 has always been cheap to lease. Why lease it now, when you have 3 months to go on your current lease.
    I am 6,200 miles over on my BMW and out of warranty. Getting out of the car now would avoid further overage at 20 cents per mile. I would also like to avoid any mechanical issues that might pop up over the next 3 months.
    Won't you still owe the mileage charges when you turn your lease in?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • donmonopolydonmonopoly Member Posts: 26
    Michaell said:



    kyfdx said:

    Michaell said:

    Hi! I would totally appreciate an opinion on this deal I have for a 2015 Q50 sport. Here are the terms.

    Q50 Sport
    MSRP - $46,600
    Terms: 39mo X 15K miles
    At signing: $1,430 (includes 1st payment)
    Payment w/ 6% tax: $494
    Dealership to make 2 remaining payments on my BMW totaling $1,376
    MF was .00032
    RV was 50%

    Thoughts? Do you think I can do better? Was going to push for nothing at signing plus getting to make a 3rd BMW payment which will be owed regardless.

    Would need to know the net cap cost to fully evaluate the deal.

    I confirm the .00032 MF and 50% RV for RWD Sport 39/15.

    I would be careful about the disposition of your current lease - are they taking possession of that car? If not, you would still be on the hook for any end of lease charges.
    They will not take posession of my current car. They will only remit payment for 2 of 3 outstanding car payments. I will still get the car inspected and hand it over to BMW.

    Without the net cap cost but considering the 2 payments do you think i can do better?
    You are basically eating the last 3 payments on your current lease. Because if the dealer is covering those payments, then they could give you a better deal, if they weren't.

    The Q50 has always been cheap to lease. Why lease it now, when you have 3 months to go on your current lease.
    I am 6,200 miles over on my BMW and out of warranty. Getting out of the car now would avoid further overage at 20 cents per mile. I would also like to avoid any mechanical issues that might pop up over the next 3 months.

    Won't you still owe the mileage charges when you turn your lease in?

    I don't want to continue to lease BMW's so regardless I will be responsible for paying the extra miles since I'm not getting another BMW. By exiting the car now, I mitigate the extra mile expense (because I will hand the card it early) and any potential financial losses if there is an issue with the car while driving out of warranty over the next 3 months. My ultimate goal is to exit the BMW with minimal losses (related to miles or anything else) and get into my next car with a payment under $500 all while putting as little money down as possible.
Sign In or Register to comment.