2015 Infiniti QX60 Lease Questions

leasing123

antons911 said:

leasing123 said:

Deal I just got: What you guys think? Should I sign it?

QX 60 Premium Premium Plus AWD

Msrp 51,520 AWD White on Black
Purchase price $30,181.60
Monthly $454.91 includes NY taxes



1st Month - 454.91
Acquisition fee $700
Transfer Plates $200
Upfront taxes: 61.13

Out of Pocket $1417.04

(Said cannot provide me with Selling price)

20k off msrp? Is this real or typo?


No, it says in the paperwork

Payment Purchase Option $30,181.60

- He did not provide me with selling price of the car.

kyfdx

leasing123 said:

antons911 said:

leasing123 said:

Deal I just got: What you guys think? Should I sign it?

QX 60 Premium Premium Plus AWD

Msrp 51,520 AWD White on Black
Purchase price $30,181.60
Monthly $454.91 includes NY taxes



1st Month - 454.91
Acquisition fee $700
Transfer Plates $200
Upfront taxes: 61.13

Out of Pocket $1417.04

(Said cannot provide me with Selling price)

20k off msrp? Is this real or typo?

No, it says in the paperwork

Payment Purchase Option $30,181.60

- He did not provide me with selling price of the car.


That's the residual.

Is this a broker or a dealer? The agreed selling price has to be on the lease paperwork. If they won't disclose it ahead of time, that's a big red flag.

leasing123

kyfdx said:

leasing123 said:

antons911 said:

leasing123 said:

Deal I just got: What you guys think? Should I sign it?

QX 60 Premium Premium Plus AWD

Msrp 51,520 AWD White on Black
Purchase price $30,181.60
Monthly $454.91 includes NY taxes



1st Month - 454.91
Acquisition fee $700
Transfer Plates $200
Upfront taxes: 61.13

Out of Pocket $1417.04

(Said cannot provide me with Selling price)

20k off msrp? Is this real or typo?

No, it says in the paperwork

Payment Purchase Option $30,181.60

- He did not provide me with selling price of the car.

That's the residual.

Is this a broker or a dealer? The agreed selling price has to be on the lease paperwork. If they won't disclose it ahead of time, that's a big red flag.


It's a leasing company here in NY. I will try to contact them for Selling price in the AM

leasing123

eal I just got: What you guys think? Should I sign it? Revised with all info here

QX 60 Premium Premium Plus AWD - 39m/10k

Msrp 51,520 AWD Black on Black
Selling Price $44,221
Payment Purchase Option $30,181.60

Monthly $453 includes NY taxes



1st Month - 453
Acquisition fee $700
Transfer Plates $200
Upfront taxes: 61.13

Out of Pocket $1415.03



Also, does it pay to buy the $5000 damage waiver for $591?

Michaell

leasing123 said:

eal I just got: What you guys think? Should I sign it? Revised with all info here

QX 60 Premium Premium Plus AWD - 39m/10k

Msrp 51,520 AWD Black on Black
Selling Price $44,221
Payment Purchase Option $30,181.60

Monthly $453 includes NY taxes



1st Month - 453
Acquisition fee $700
Transfer Plates $200
Upfront taxes: 61.13

Out of Pocket $1415.03



Also, does it pay to buy the $5000 damage waiver for $591?

Looks good.

Damage waiver insurance is a good deal ... for the dealer. I'd pass.

leasing123

Michaell said:

leasing123 said:

eal I just got: What you guys think? Should I sign it? Revised with all info here

QX 60 Premium Premium Plus AWD - 39m/10k

Msrp 51,520 AWD Black on Black
Selling Price $44,221
Payment Purchase Option $30,181.60

Monthly $453 includes NY taxes



1st Month - 453
Acquisition fee $700
Transfer Plates $200
Upfront taxes: 61.13

Out of Pocket $1415.03



Also, does it pay to buy the $5000 damage waiver for $591?

Looks good.

Damage waiver insurance is a good deal ... for the dealer. I'd pass.

Care to explain why you would pass on damage waiver insurance? For example, I do not have a waiver for my Honda CRV and have to spend $1000 to freshen it up. Not sure how all this works. Once again, leasing a Honda CRV was a very bad experience or me, so technically, I am still an armature.

nash908

Leasing123,
How many months and miles a year is this deal?

leasing123

nash908 said:

Leasing123,
How many months and miles a year is this deal?

10,000 Miles, 39 months

antons911

Does infinitI allow buyouts at any time during the lease or just at end of lease? Meaning can I trade the car in at anytime during the lease without any penalties from the dealer.

kyfdx

leasing123 said:

Michaell said:

leasing123 said:

eal I just got: What you guys think? Should I sign it? Revised with all info here

QX 60 Premium Premium Plus AWD - 39m/10k

Msrp 51,520 AWD Black on Black
Selling Price $44,221
Payment Purchase Option $30,181.60

Monthly $453 includes NY taxes



1st Month - 453
Acquisition fee $700
Transfer Plates $200
Upfront taxes: 61.13

Out of Pocket $1415.03



Also, does it pay to buy the $5000 damage waiver for $591?

Looks good.

Damage waiver insurance is a good deal ... for the dealer. I'd pass.

Care to explain why you would pass on damage waiver insurance? For example, I do not have a waiver for my Honda CRV and have to spend $1000 to freshen it up. Not sure how all this works. Once again, leasing a Honda CRV was a very bad experience or me, so technically, I am still an armature.

I've turned in a dozen leases, and haven't paid over $200 total, for all of them. What damage do you have to your CR-V?

kyfdx

antons911 said:

Does infinitI allow buyouts at any time during the lease or just at end of lease? Meaning can I trade the car in at anytime during the lease without any penalties from the dealer.

You can trade your car at any time, but you might have significant negative equity.

leasing123

kyfdx said:

leasing123 said:

Michaell said:

leasing123 said:

eal I just got: What you guys think? Should I sign it? Revised with all info here

QX 60 Premium Premium Plus AWD - 39m/10k

Msrp 51,520 AWD Black on Black
Selling Price $44,221
Payment Purchase Option $30,181.60

Monthly $453 includes NY taxes



1st Month - 453
Acquisition fee $700
Transfer Plates $200
Upfront taxes: 61.13

Out of Pocket $1415.03



Also, does it pay to buy the $5000 damage waiver for $591?

Looks good.

Damage waiver insurance is a good deal ... for the dealer. I'd pass.

Care to explain why you would pass on damage waiver insurance? For example, I do not have a waiver for my Honda CRV and have to spend $1000 to freshen it up. Not sure how all this works. Once again, leasing a Honda CRV was a very bad experience or me, so technically, I am still an armature.

I've turned in a dozen leases, and haven't paid over $200 total, for all of them. What damage do you have to your CR-V?

They screwed me when leased the car at the dealership. They stated they were giving us Honda Financing with $1500 damage waiver, but they gave us Fusion Financing with $0 in damage waiver.

leasing123

I have a dent about 12 inches and 1 inch deep on the right back door. Kid slammed onto curb or something, and just basic bumper scratches from NY parking.

kyfdx

leasing123 said:

kyfdx said:

leasing123 said:

Michaell said:

leasing123 said:

eal I just got: What you guys think? Should I sign it? Revised with all info here

QX 60 Premium Premium Plus AWD - 39m/10k

Msrp 51,520 AWD Black on Black
Selling Price $44,221
Payment Purchase Option $30,181.60

Monthly $453 includes NY taxes



1st Month - 453
Acquisition fee $700
Transfer Plates $200
Upfront taxes: 61.13

Out of Pocket $1415.03



Also, does it pay to buy the $5000 damage waiver for $591?

Looks good.

Damage waiver insurance is a good deal ... for the dealer. I'd pass.

Care to explain why you would pass on damage waiver insurance? For example, I do not have a waiver for my Honda CRV and have to spend $1000 to freshen it up. Not sure how all this works. Once again, leasing a Honda CRV was a very bad experience or me, so technically, I am still an armature.

I've turned in a dozen leases, and haven't paid over $200 total, for all of them. What damage do you have to your CR-V?

They screwed me when leased the car at the dealership. They stated they were giving us Honda Financing with $1500 damage waiver, but they gave us Fusion Financing with $0 in damage waiver.

And now, you are using a broker? I'd be worried again.

cpak313

I have been waiting patiently everyday to look for better deals for the end of the year model for the base, here is the best i could find.

Make: 2015 Infiniti Qx60 Fwd
MSRP: $43395
Sales Price: $35175 (19% off MSRP)
Taxed Incentives: $0
Untaxed Incentives: $0
Acquisition Fee: $700
Down Payment: $0
Net Capitalized Cost: $35875
Residual: 57%
(10,000 miles/yr)
Money Factor: .00055
APR: 1.32%
Months: 39
Monthly Payment ex. Tax: $319
Document Fee: 80
Registration and doc fee: $480
Sales Tax: 9%
Monthly Payment (Incl Tax): $348


Drive Off: $835
(First month's Payment incl. tax: $319
Down payment: $0
Registration and doc fee: $480
Tax on cap reduction and fees: $7 )
Total Lease Cost: $14,042

mdtolleson

I have a local dealer in Mobile, AL trying to tell me that the money factor is .00123. Also, doesn't understand how MSD's work. Any suggestions?

Michaell

mdtolleson said:

I have a local dealer in Mobile, AL trying to tell me that the money factor is .00123. Also, doesn't understand how MSD's work. Any suggestions?

Confirm that the dealer is using Infiniti Finance - other banks have different numbers, which we are unable to validate.

Michaell

cpak313 said:

I have been waiting patiently everyday to look for better deals for the end of the year model for the base, here is the best i could find.

Make: 2015 Infiniti Qx60 Fwd
MSRP: $43395
Sales Price: $35175 (19% off MSRP)
Taxed Incentives: $0
Untaxed Incentives: $0
Acquisition Fee: $700
Down Payment: $0
Net Capitalized Cost: $35875
Residual: 57%
(10,000 miles/yr)
Money Factor: .00055
APR: 1.32%
Months: 39
Monthly Payment ex. Tax: $319
Document Fee: 80
Registration and doc fee: $480
Sales Tax: 9%
Monthly Payment (Incl Tax): $348


Drive Off: $835
(First month's Payment incl. tax: $319
Down payment: $0
Registration and doc fee: $480
Tax on cap reduction and fees: $7 )
Total Lease Cost: $14,042

I get the same numbers you show .. looks to be a solid deal.

sprinkler13

cpak313 said:

I have been waiting patiently everyday to look for better deals for the end of the year model for the base, here is the best i could find.

Make: 2015 Infiniti Qx60 Fwd
MSRP: $43395
Sales Price: $35175 (19% off MSRP)
Taxed Incentives: $0
Untaxed Incentives: $0
Acquisition Fee: $700
Down Payment: $0
Net Capitalized Cost: $35875
Residual: 57%
(10,000 miles/yr)
Money Factor: .00055
APR: 1.32%
Months: 39
Monthly Payment ex. Tax: $319
Document Fee: 80
Registration and doc fee: $480
Sales Tax: 9%
Monthly Payment (Incl Tax): $348


Drive Off: $835
(First month's Payment incl. tax: $319
Down payment: $0
Registration and doc fee: $480
Tax on cap reduction and fees: $7 )
Total Lease Cost: $14,042

That's the kind of deal I have been looking for too...do you mind if I ask where you got it? I'm in So. Cal, hoping for something similar.

mdtolleson

Michaell said:

mdtolleson said:

I have a local dealer in Mobile, AL trying to tell me that the money factor is .00123. Also, doesn't understand how MSD's work. Any suggestions?

Confirm that the dealer is using Infiniti Finance - other banks have different numbers, which we are unable to validate.

Michaell said:

mdtolleson said:

I have a local dealer in Mobile, AL trying to tell me that the money factor is .00123. Also, doesn't understand how MSD's work. Any suggestions?

Confirm that the dealer is using Infiniti Finance - other banks have different numbers, which we are unable to validate.

Went to another dealer in New Orleans, verified they are using .00055. We have a deal, will post the numbers as soon as I can confirm them.

cpak313

sprinkler13 said:

I have been waiting patiently everyday to look for better deals for the end of the year model for the base, here is the best i could find. Make: 2015 Infiniti Qx60 Fwd MSRP: $43395 Sales Price: $35175 (19% off MSRP) Taxed Incentives: $0 Untaxed Incentives: $0 Acquisition Fee: $700 Down Payment: $0 Net Capitalized Cost: $35875 Residual: 57% (10,000 miles/yr) Money Factor: .00055 APR: 1.32% Months: 39 Monthly Payment ex. Tax: $319 Document Fee: 80 Registration and doc fee: $480 Sales Tax: 9% Monthly Payment (Incl Tax): $348 Drive Off: $835 (First month's Payment incl. tax: $319 Down payment: $0 Registration and doc fee: $480 Tax on cap reduction and fees: $7 ) Total Lease Cost: $14,042

That's the kind of deal I have been looking for too...do you mind if I ask where you got it? I'm in So. Cal, hoping for something similar.

Check out the OC infiniti website and click on specials. The 319 for 799 down are all sold out.

infamousx

sorry took a while to get back ..

here is the deal ; - please share advice.

NY STATE
QX60 AWD - FULLY LOADED - 39/12k

1520 Down - All inclusive ( First month + Vin Itch(180) + DOC fee (499) + Tax T & Reg (300) any other charges Etc Etc )
$549 a month - Tax inclusive.

Gross Cap Cost $50,650
+ Tax 1880 + Acqui Fee 700
Total Cap C = $53,240

sprinkler13

So, here is the deal I got tonight. QX60 w premium, roof rails, bumper guard, and illuminated kick plates, MSRP 46280, cap cost 39494.01, for 39 mo. 12k miles at $407.80 per month including tax and only paying 1st month as drive off. I did have a crv that was at lease end which they bought for over trade in value and they applied it towards costs and an 1100 cap reduction, so the cap cost is really 39900. But since I basically put nothing out of pocket other than 1st month, and got the premium QX60 for 25 dollars more per month than honda crv,I thought it was more than fair. 

Michaell

sprinkler13 said:

So, here is the deal I got tonight. QX60 w premium, roof rails, bumper guard, and illuminated kick plates, MSRP 46280, cap cost 39494.01, for 39 mo. 12k miles at $407.80 per month including tax and only paying 1st month as drive off. I did have a crv that was at lease end which they bought for over trade in value and they applied it towards costs and an 1100 cap reduction, so the cap cost is really 39900. But since I basically put nothing out of pocket other than 1st month, and got the premium QX60 for 25 dollars more per month than honda crv,I thought it was more than fair. 

Congrats on the new Infiniti! Thanks for sharing your deal details with us. Enjoy!

leasing123

sprinkler13 said:

So, here is the deal I got tonight. QX60 w premium, roof rails, bumper guard, and illuminated kick plates, MSRP 46280, cap cost 39494.01, for 39 mo. 12k miles at $407.80 per month including tax and only paying 1st month as drive off. I did have a crv that was at lease end which they bought for over trade in value and they applied it towards costs and an 1100 cap reduction, so the cap cost is really 39900. But since I basically put nothing out of pocket other than 1st month, and got the premium QX60 for 25 dollars more per month than honda crv,I thought it was more than fair. 

Where was this deal done? Would love the dealer to take over my Honda CRV as well so I don't have to return it

sprinkler13

leasing123 said:

So, here is the deal I got tonight. QX60 w premium, roof rails, bumper guard, and illuminated kick plates, MSRP 46280, cap cost 39494.01, for 39 mo. 12k miles at $407.80 per month including tax and only paying 1st month as drive off. I did have a crv that was at lease end which they bought for over trade in value and they applied it towards costs and an 1100 cap reduction, so the cap cost is really 39900. But since I basically put nothing out of pocket other than 1st month, and got the premium QX60 for 25 dollars more per month than honda crv,I thought it was more than fair. 

Where was this deal done? Would love the dealer to take over my Honda CRV as well so I don't have to return it

I did the deal at Miller infiniti in so cal.

infamousx

michaell
please let me know if its a good deal.
thank you.

Michaell

infamousx said:

sorry took a while to get back ..

here is the deal ; - please share advice.

NY STATE
QX60 AWD - FULLY LOADED - 39/12k

1520 Down - All inclusive ( First month + Vin Itch(180) + DOC fee (499) + Tax T & Reg (300) any other charges Etc Etc )
$549 a month - Tax inclusive.

Gross Cap Cost $50,650
+ Tax 1880 + Acqui Fee 700
Total Cap C = $53,240

What is the MSRP?

infamousx

i believe MSRP was around $59,200

Michaell

infamousx said:

i believe MSRP was around $59,200

Looks like a solid deal.

infamousx

Yea after doing some number crunching i felt this was the best deal i have seen so far for Fully Loaded qx60 AWD! but ofcourse your assurance - re approves the deal.

Thanks again for the help.

drancid

Hi,

I just got quote from one of a So Cal Dealers.

QX60 FWD w/
REAR BUMPER PROTECTOR
DELUXE TOURING
ILLUMINATED KICKPLATES
PREMIUM 1
PREMIUM PLUS
ROOF RAILS
TECHNOLOGY
THEATRE

MSRP $57,440 Inv. $53,666 Selling Price $49,800

Monthly payment $561 (includes tax) @ 39 months,

Total Down: $0 (only 1st payment due at signing, so one less payment remaining on lease) 10k miles per year

or

$577 with 12k miles per year.


How is this? Is this good deal to go?

Michaell

drancid said:

Hi,

I just got quote from one of a So Cal Dealers.

QX60 FWD w/
REAR BUMPER PROTECTOR
DELUXE TOURING
ILLUMINATED KICKPLATES
PREMIUM 1
PREMIUM PLUS
ROOF RAILS
TECHNOLOGY
THEATRE

MSRP $57,440 Inv. $53,666 Selling Price $49,800

Monthly payment $561 (includes tax) @ 39 months,

Total Down: $0 (only 1st payment due at signing, so one less payment remaining on lease) 10k miles per year

or

$577 with 12k miles per year.


How is this? Is this good deal to go?

39/10 numbers on the QX60 FWD are .00055 and 57%.

Using your MSRP and selling price, I get a payment of $483/mo + tax. Assuming a tax rate of 9%, the payment goes to about $526/mo.

Find out from the dealer what the net cap cost is - I suspect it's higher than the selling price. If so, make the dealer explain how they got from the sell price to the net cap cost.

drancid

Michaell said:

Hi, I just got quote from one of a So Cal Dealers. QX60 FWD w/ REAR BUMPER PROTECTOR DELUXE TOURING ILLUMINATED KICKPLATES PREMIUM 1 PREMIUM PLUS ROOF RAILS TECHNOLOGY THEATRE MSRP $57,440 Inv. $53,666 Selling Price $49,800 Monthly payment $561 (includes tax) @ 39 months, Total Down: $0 (only 1st payment due at signing, so one less payment remaining on lease) 10k miles per year or $577 with 12k miles per year. How is this? Is this good deal to go?

39/10 numbers on the QX60 FWD are .00055 and 57%. Using your MSRP and selling price, I get a payment of $483/mo + tax. Assuming a tax rate of 9%, the payment goes to about $526/mo. Find out from the dealer what the net cap cost is - I suspect it's higher than the selling price. If so, make the dealer explain how they got from the sell price to the net cap cost.

Thank you for your advise sir! I'll check those with dealer.

cbarba80

I am in los angeles and i was looking for MF and residuals for 36/12k (not sure if Infiniti does 36?) and for 39/12k for FWD with premium and drivers assistance package, thanks in advance! Also Infiniti does MSDs, correct?

kyfdx

cbarba80 said:

I am in los angeles and i was looking for MF and residuals for 36/12k (not sure if Infiniti does 36?) and for 39/12k for FWD with premium and drivers assistance package, thanks in advance! Also Infiniti does MSDs, correct?

.00055 MF and 56% residual for either 36 or 39 months.

Yes, Infiniti has an MSD program. .00010 reduction per deposit.

atos2012

Hi @kyfdx, What it MF for Tier 3 Score 630. Looking to get 2015 QX60 FWD with Premium Plus, 36/10k please provide all numbers.Thanks in advance.

Michaell

atos2012 said:

Hi @kyfdx, What it MF for Tier 3 Score 630. Looking to get 2015 QX60 FWD with Premium Plus, 36/10k please provide all numbers.Thanks in advance.

According to IFS, a 630 score is tier 7.

The relevant numbers for the QX60 FWD for 36/10 would be .00265 and 57%. 39/10 numbers are identical, so the payment would be a touch lower, all else being equal.

iedreammotors

I called the miller inf which the previous buyer picked up a truck and was quoted 437 with tax and 437out the door for a premium qx60. is this a good deal?

Michaell

iedreammotors said:

I called the miller inf which the previous buyer picked up a truck and was quoted 437 with tax and 437out the door for a premium qx60. is this a good deal?

Not enough information to tell you. What we need to know:

Lease term
Miles per year
MSRP
Net cap cost

iedreammotors

39 months
10k
46595
i don't know the net i assume 39995
no one wants to give me numbers in writing

sprinkler13

That deal doesn't sound too far off from what I got ($407 per month incl tax).  Mine had 12k miles, but I also had a trade in that had about $2k in equity which offset the fees like acq. fee, registration, etc.

iedreammotors

what options did you get?

sprinkler13

iedreammotors said:

what options did you get?

I got the QX60 with Premium, roof rails, illuminated kick plates, and bumper protector...my full deal is listed earlier in the thread. I caught them on a very slow sales weekend with a desirable trade, so they might not be quite as aggressive, but without the additional equity to put down, your deal looks pretty similar.

iedreammotors

I was able to get the same unit you purchased from INF of Montclair.
Traded Prius had 1881 equity for down
429 per month with 12k miles per year.
I checked around no dealers didn't want to offer the under 400 deals like at the beginning of Dec.

Michaell

iedreammotors said:

I was able to get the same unit you purchased from INF of Montclair.
Traded Prius had 1881 equity for down
429 per month with 12k miles per year.
I checked around no dealers didn't want to offer the under 400 deals like at the beginning of Dec.

Congrats!

atos2012

Guys, who knows what happens with MSDs if a leased car is totaled or stolen? With any make, model? Any experience with that?

kyfdx

atos2012 said:

Guys, who knows what happens with MSDs if a leased car is totaled or stolen? With any make, model? Any experience with that?

We have yet to have any anecdotal reports on that. In theory, that money isn't at risk.

cm171717

Hi, looking for latest lease details for 2015 Infiniti QX60 AWD

Residual at 15k miles/yr
-- 36, 39, 42 month term (whichever has best terms)
Money factor

Thanks

doug94538

Hi,
quick question about MSD , if I put down 5 MSD's would the MF be 0.00055-0.0050 = 0.00005 ?
another question is when i go thru edmunds.com true price promise , the final price i get should i be shooting for that price ?