2015 Infiniti QX60 Lease Questions

speedy60

Hi. Looking for MF and residual for fully loaded AWD QX60 in Maryland. MSRP $58k - we haven't negotiated the offer yet but wanted to get a sense of what to expect with the lease. We know full tax is due in MD at closing, and may pay it up front rather than roll it into the lease. Will likely put $5k down. Thank you!

Michaell

speedy60 said:

Hi. Looking for MF and residual for fully loaded AWD QX60 in Maryland. MSRP $58k - we haven't negotiated the offer yet but wanted to get a sense of what to expect with the lease. We know full tax is due in MD at closing, and may pay it up front rather than roll it into the lease. Will likely put $5k down. Thank you!

What lease term and how many miles per year?

We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money. Consider MSD instead to buy down the MF; you'll get the money back at the end of the lease.

Of course, that doesn't apply to sales tax.

speedy60

Michaell said:

Hi. Looking for MF and residual for fully loaded AWD QX60 in Maryland. MSRP $58k - we haven't negotiated the offer yet but wanted to get a sense of what to expect with the lease. We know full tax is due in MD at closing, and may pay it up front rather than roll it into the lease. Will likely put $5k down. Thank you!

What lease term and how many miles per year? We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money. Consider MSD instead to buy down the MF; you'll get the money back at the end of the lease. Of course, that doesn't apply to sales tax.

Thanks very much. We are looking at 39 months and 12k/yr. How is the MF or calc affected by changes in the miles? 10k vs 12k vs 15k? Your comment on the down makes sense but how does the MSD allow you to "buy down the MF"?  Thanks!

kyfdx

speedy60 said:

Michaell said:

speedy60 said:

Hi. Looking for MF and residual for fully loaded AWD QX60 in Maryland. MSRP $58k - we haven't negotiated the offer yet but wanted to get a sense of what to expect with the lease. We know full tax is due in MD at closing, and may pay it up front rather than roll it into the lease. Will likely put $5k down. Thank you!

What lease term and how many miles per year?

We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money. Consider MSD instead to buy down the MF; you'll get the money back at the end of the lease.

Of course, that doesn't apply to sales tax.

Thanks very much. We are looking at 39 months and 12k/yr. How is the MF or calc affected by changes in the miles? 10k vs 12k vs 15k? Your comment on the down makes sense but how does the MSD allow you to "buy down the MF"?  Thanks!

.00106 MF and 59% residual for 36/12.

Add 1% for 10K/yr, Subtract 2% for 15K/yr.

MSD = multiple security deposits.
For each security deposit (up to 9), IFS lowers the money factor by .00010. It's not the same as buying down the rate on a mortgage, because with MSDs, you get the money back at the end of the lease.

Assuming a $600 payment, 9 MSDs = $5400, but lowers the MF to .00016. That could lower the payment by $65-$80/mo...

speedy60

kyfdx said:

Michaell said:

Hi. Looking for MF and residual for fully loaded AWD QX60 in Maryland. MSRP $58k - we haven't negotiated the offer yet but wanted to get a sense of what to expect with the lease. We know full tax is due in MD at closing, and may pay it up front rather than roll it into the lease. Will likely put $5k down. Thank you!

What lease term and how many miles per year? We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money. Consider MSD instead to buy down the MF; you'll get the money back at the end of the lease. Of course, that doesn't apply to sales tax.

Thanks very much. We are looking at 39 months and 12k/yr. How is the MF or calc affected by changes in the miles? 10k vs 12k vs 15k? Your comment on the down makes sense but how does the MSD allow you to "buy down the MF"?  Thanks!

.00106 MF and 59% residual for 36/12. Add 1% for 10K/yr, Subtract 2% for 15K/yr. MSD = multiple security deposits. For each security deposit (up to 9), IFS lowers the money factor by .00010. It's not the same as buying down the rate on a mortgage, because with MSDs, you get the money back at the end of the lease. Assuming a $600 payment, 9 MSDs = $5400, but lowers the MF to .00016. That could lower the payment by $65-$80/mo...

Thank you very much. Last Q: what is the SD based on? I am coming up with an est monthly lease payment of $646. Would that be one SD? So 9 MSDs reduces payment to $566?

Michaell

speedy60 said:

kyfdx said:

speedy60 said:

Michaell said:

speedy60 said:

Hi. Looking for MF and residual for fully loaded AWD QX60 in Maryland. MSRP $58k - we haven't negotiated the offer yet but wanted to get a sense of what to expect with the lease. We know full tax is due in MD at closing, and may pay it up front rather than roll it into the lease. Will likely put $5k down. Thank you!

What lease term and how many miles per year?

We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money. Consider MSD instead to buy down the MF; you'll get the money back at the end of the lease.

Of course, that doesn't apply to sales tax.

Thanks very much. We are looking at 39 months and 12k/yr. How is the MF or calc affected by changes in the miles? 10k vs 12k vs 15k? Your comment on the down makes sense but how does the MSD allow you to "buy down the MF"?  Thanks!

.00106 MF and 59% residual for 36/12.

Add 1% for 10K/yr, Subtract 2% for 15K/yr.

MSD = multiple security deposits.
For each security deposit (up to 9), IFS lowers the money factor by .00010. It's not the same as buying down the rate on a mortgage, because with MSDs, you get the money back at the end of the lease.

Assuming a $600 payment, 9 MSDs = $5400, but lowers the MF to .00016. That could lower the payment by $65-$80/mo...

Thank you very much. Last Q: what is the SD based on? I am coming up with an est monthly lease payment of $646. Would that be one SD? So 9 MSDs reduces payment to $566?

Each security deposit is the monthly payment rounded up to the next $50.

kingpcgeek

Look at my post on March 30th that shows my deal before and after MSDs. That will give you an idea on how much you can save by doing so.

anilsk08817

Hello. In NJ I am getting an offer of $429 per month for QX-60 with Navi & Tech Assist packages on an AWD. Down is $4699/-. Is this a good deal in line with the current offers from Infiniti? State is NJ.

kingpcgeek

No deal with $4700 down on a lease is what I would consider a good deal.

Michaell

anilsk08817 said:

Hello. In NJ I am getting an offer of $429 per month for QX-60 with Navi & Tech Assist packages on an AWD. Down is $4699/-. Is this a good deal in line with the current offers from Infiniti? State is NJ.

I agree with the post above. $4700 down is about $120-130/mo in your lease payment. Negotiate your best selling price, minimize your out of pocket costs and ensure you get the base MF 

anilsk08817

Thank you Michaell and kingpcgeek. I am now looking for a better deal here in NJ.

msuphav

Hello.  Can you please share QX60 MF and residual with Tech,  Premium and Premium Plus for 24/12 and 36/12.

thank u.

kyfdx

msuphav said:

Hello.  Can you please share QX60 MF and residual with Tech,  Premium and Premium Plus for 24/12 and 36/12.

thank u.

AWD: .00106 MF and 64%/59%/59% for 24/36/39 months

FWD: .00106 MF and 63%/58%/58% residual

msuphav

kyfdx said:

msuphav said:

Hello.  Can you please share QX60 MF and residual with Tech,  Premium and Premium Plus for 24/12 and 36/12.

thank u.

AWD: .00106 MF and 64%/59%/59% for 24/36/39 months

FWD: .00106 MF and 63%/58%/58% residual

Thank. Will keep the forum update on what Dealership actually match up with.

bulldog84

Can anyone help me out with base MF and residual on a 2015 QX60 on a 39 month lease with 12k miles per year? Much appreciated!

kyfdx

bulldog84 said:

Can anyone help me out with base MF and residual on a 2015 QX60 on a 39 month lease with 12k miles per year? Much appreciated!

.00106 MF and 59% residual. Subtract 1% if FWD

mlbgarage

How about 10K/39m? Base MF and residual on a 2015 QX60 on a 39 month lease with 10k miles per year? Thanks

Michaell

mlbgarage said:

How about 10K/39m? Base MF and residual on a 2015 QX60 on a 39 month lease with 10k miles per year? Thanks

.00106 MF and 60% residual for AWD. Subtract 1% if FWD

andre1

Hi. What would be the money factor and residual for a 2015 QX60 AWD for 36 months / 20,000 miles and 48/20? Thanks!

Michaell

andre1 said:

Hi. What would be the money factor and residual for a 2015 QX60 AWD for 36 months / 20,000 miles and 48/20? Thanks!

.00106 and 57% for 36/15. Extra miles can be purchased up front for .10-.25 per mile, applied to the residual value.

mlbgarage

Is the numbers the same in July? (Base MF and residual on a 2015 QX60 on a 39 month lease with 10k miles per year? ), Trying to seal a deal in July. Thanks

kyfdx

mlbgarage said:

Is the numbers the same in July? (Base MF and residual on a 2015 QX60 on a 39 month lease with 10k miles per year? ), Trying to seal a deal in July. Thanks

.00089 MF and 59% residual for AWD, 58% for FWD

mlbgarage

kyfdx said:

mlbgarage said:

Is the numbers the same in July? (Base MF and residual on a 2015 QX60 on a 39 month lease with 10k miles per year? ), Trying to seal a deal in July. Thanks

.00089 MF and 59% residual for AWD, 58% for FWD

What is the net money factor when I put down 9 Security Deposits, what is the money factor reduction for each deposit? My calculation shows zero if each is 0.0001. Thanks, Ned

Michaell

mlbgarage said:

kyfdx said:

mlbgarage said:

Is the numbers the same in July? (Base MF and residual on a 2015 QX60 on a 39 month lease with 10k miles per year? ), Trying to seal a deal in July. Thanks

.00089 MF and 59% residual for AWD, 58% for FWD

What is the net money factor when I put down 9 Security Deposits, what is the money factor reduction for each deposit? My calculation shows zero if each is 0.0001. Thanks, Ned

Minimum MF allowed is .00001; can't have a zero MF.

iceplex

First off thanks to the moderators for this very useful resource!

I'm on the market to lease a 2015 AWD with Premium and Premium packages. What's the current MF and residual for a 39m/12k lease in California?

Thanks!

Michaell

iceplex said:

First off thanks to the moderators for this very useful resource!

I'm on the market to lease a 2015 AWD with Premium and Premium packages. What's the current MF and residual for a 39m/12k lease in California?

Thanks!

.00089 and 58%

newshopper1

First time to this site and not sure of residual or anything like that.

I have a Honda CRV 2013, I have 7 payments remaining. We are looking to getting the Infitiy QX60 because we need a 3 row car.

After long negotiation, the dealership is wiling to give me this deal.

Please advice if I should take it, if its a good deal, or I should wait.

MSRP: 51,225 with Navigation

$1454 out of pocket. (including all fees)
$469 a month including all taxes and fees.

and... they are willing to Pay 2 months of my CRV of $299 (so $600 worth, cover my $395 lease return fee, and take care of all the damages I have on the car, including a dented door)

So I will pay them 5 months remaining for CRV of $299 x 5 = $1500 for my CRV, $1454 for the QX and then $469 a month.

We really love the car and want it, but i'm not sure if I should wait a bit or just get it (Honda screwed us and we do not have the $1500 waiver, so we would have to pay for the $395 return fee and for all damages during lease return. Here they are basically covering all that in advance. - they are buying out the CRV from the current finance company)

What do you guys think?

Thank you for your time and sorry for lengthy post.

newshopper1

also.... it's 10,000 miles for 39 months.

2020vision

Local dealer has a few 2014 hybrid qx60s leftover they are discounting more than 10,000 off MSRP. Any idea what the money factor and residual would be for 2014 hybrid AWD qx60?

kyfdx

newshopper1 said:

also.... it's 10,000 miles for 39 months.

Seem like a decent deal. Lots of moving parts with buying out your lease. But, the price seems about right.

kyfdx

2020vision said:

Local dealer has a few 2014 hybrid qx60s leftover they are discounting more than 10,000 off MSRP. Any idea what the money factor and residual would be for 2014 hybrid AWD qx60?

.00181 MF and 45% residual for 36mo, 15K/yr.

If it comes with a massive discount, that might be a decent lease payment.. But, you need a discount of over 20% of MSRP, at least..

newshopper1

kyfdx said:

newshopper1 said:

also.... it's 10,000 miles for 39 months.

Seem like a decent deal. Lots of moving parts with buying out your lease. But, the price seems about right.

When you say there are lots of moving parts to buying me out of my lease, what do you by that? is that a good or a bad thing?

Thank you.

2020vision

kyfdx said:

2020vision said:

Local dealer has a few 2014 hybrid qx60s leftover they are discounting more than 10,000 off MSRP. Any idea what the money factor and residual would be for 2014 hybrid AWD qx60?

.00181 MF and 45% residual for 36mo, 15K/yr.

If it comes with a massive discount, that might be a decent lease payment.. But, you need a discount of over 20% of MSRP, at least..

sorry, forget to mention I'm looking for 39/12 or 36/12

2020vision

2020vision said:

kyfdx said:

2020vision said:

Local dealer has a few 2014 hybrid qx60s leftover they are discounting more than 10,000 off MSRP. Any idea what the money factor and residual would be for 2014 hybrid AWD qx60?

.00181 MF and 45% residual for 36mo, 15K/yr.

If it comes with a massive discount, that might be a decent lease payment.. But, you need a discount of over 20% of MSRP, at least..

sorry, forget to mention I'm looking for 39/12 or 36/12

don't even bother looking that up. Leasing makes absoluting no sense with that high a MF combined with low residuals. May make sense to purchase instead.

karate19

Thoughts on this deal on Long Island, NY. AWD 39 mths/12K Premium & Premium plus package?

Gross capitalized cost : $46,284.89 - loyalty rebate $1,000= $45,284.89
Residual : $29,710.50
Money Factor .00089

Monthly payment $532
Out of pocket $630.75 which includes 1st month

Does this seem right and a good deal.

Thanks in advance

kyfdx

newshopper1 said:

kyfdx said:

newshopper1 said:

also.... it's 10,000 miles for 39 months.

Seem like a decent deal. Lots of moving parts with buying out your lease. But, the price seems about right.

When you say there are lots of moving parts to buying me out of my lease, what do you by that? is that a good or a bad thing?

Thank you.

It means that I don't know what your car is worth, or how much they are giving you for it.... Since the buyout of your current car is integral to the lease deal, can't give you an educated opinion on how good it is.

kyfdx

karate19 said:

Thoughts on this deal on Long Island, NY. AWD 39 mths/12K Premium & Premium plus package?

Gross capitalized cost : $46,284.89 - loyalty rebate $1,000= $45,284.89
Residual : $29,710.50
Money Factor .00089

Monthly payment $532
Out of pocket $630.75 which includes 1st month

Does this seem right and a good deal.

Thanks in advance

What is the MSRP?

infamousx

hello, will you please advise of this deal -

2015 Q60 AWD Prem Plus + navi

39m /15K mil-

2k down (all inclusive of 1st month) and then $485/month - car gross cap is 45k (all discount applied)

is it good deal ? or what kind of better deal can i ask for ?

thank you.

kyfdx

infamousx said:

hello, will you please advise of this deal -

2015 Q60 AWD Prem Plus + navi

39m /15K mil-

2k down (all inclusive of 1st month) and then $485/month - car gross cap is 45k (all discount applied)

is it good deal ? or what kind of better deal can i ask for ?

thank you.

Is it a Q60 or a QX60? (this is the QX60 discussion).

If it's a QX60, what is the MSRP?

infamousx

**QX60 SUV** - MSRP remain to be $51250 - and cap cost (selling price) given to me was 45K after which approx 4K taxes are added on the car making it $49000.00

Michaell

infamousx said:

**QX60 SUV** - MSRP remain to be $51250 - and cap cost (selling price) given to me was 45K after which approx 4K taxes are added on the car making it $49000.00

On the surface $485/mo for a car that stickers at $51k looks to be a good deal. 

What is the full breakdown of the $2k at signing? What state is this?

infamousx

continung from prev 2 posts....
QX60 - AWD
As I understand the 2k Dp is all inclusive --> ( cover tax title registration and first month )
- NYC - long island area

kyfdx

infamousx said:

continung from prev 2 posts....
QX60 - AWD
As I understand the 2k Dp is all inclusive --> ( cover tax title registration and first month )
- NYC - long island area

NY taxes the sum of payments, plus any amount upfront... So, tax won't be anywhere near $4000. Closer to $1400, I would think..

Looks like a pretty good deal.

karate19

Thoughts on this deal on Long Island, NY. AWD 39 mths/12K Premium & Premium plus package?

MSRP = $51,225
Gross capitalized cost : $46,284.89 - loyalty rebate $1,000= $45,284.89
Residual : $29,710.50
Money Factor .00089

Monthly payment $532
Out of pocket $630.75 which includes 1st month

What do you think?

Thanks

Michaell

karate19 said:

Thoughts on this deal on Long Island, NY. AWD 39 mths/12K Premium & Premium plus package?

MSRP = $51,225
Gross capitalized cost : $46,284.89 - loyalty rebate $1,000= $45,284.89
Residual : $29,710.50
Money Factor .00089

Monthly payment $532
Out of pocket $630.75 which includes 1st month

What do you think?

Thanks

I get $499.37/mo before tax; not sure of the tax rate where you are in NY, but if it's around 6.5%, then the $532 is right on the money.

ash12337n

Hello!

First time leasing and looking at the two following deals: 

Car 1:
2015 QX60 AWD
Premium Pkg
Premium Plus
Driver Assistance
white/graphite

Dealer offered @ invoice 49296 down from 50555 MSRP. I wanted to counter offer at 46,000. His payment came out to $628/month. 

Location: New Mexico 
Residual: 58%
Mileage: 12K
MF: .00089

I found this identical car/features nearby in Texas at 50185 MSRP.

1) Would it be beneficial to lease in NM (where I am located) or from Texas instead due to more competition with multiple dealerships available. 

2) Is 46,000 counter offer for this car too low/okay?

ash12337n

Hello again!

Here is deal #2:

2015 QX60 AWD 
Deluxe Pkg
Premium Pkg
Premium Plus
Technology Pkg
Theater Pkg

Dealer offered @ 55256 invoice price down from MSRP 59555. Found same car nearby in Texas with MSRP of 56745. Already $3,000 lower from dealer here in NM without any negotiation. I want to offer 52,550 to dealer here in NM. 

Residual: 58%
MF: .00089
mileage: 12K

1) better to purchase/negotiate in NM or Texas?

2) which is better deal out of two cars I have posted about? 

3) is 52,550 counter offer a good place to begin negotiating? 

Michaell

ash12337n said:

Hello again!

Here is deal #2:

2015 QX60 AWD 
Deluxe Pkg
Premium Pkg
Premium Plus
Technology Pkg
Theater Pkg

Dealer offered @ 55256 invoice price down from MSRP 59555. Found same car nearby in Texas with MSRP of 56745. Already $3,000 lower from dealer here in NM without any negotiation. I want to offer 52,550 to dealer here in NM. 

Residual: 58%
MF: .00089
mileage: 12K

1) better to purchase/negotiate in NM or Texas?

2) which is better deal out of two cars I have posted about? 

3) is 52,550 counter offer a good place to begin negotiating? 

In Texas, the sales tax is applied to the entire selling price, which makes the lease payment more expensive. I believe in NM, they only tax the monthly payment. That could explain why your offer price was so much lower in TX; the sales tax will eat up the difference.

We don't track selling prices; use the "make / model / year" pull downs at the top of the page to get the Edmunds TMV. Also read back through the last page or two of this discussion to see what others have been able to negotiate.

kingpcgeek

You pay the sales tax of the state that you live in. If you live in NM you will pay NM sales tax, even if you lease in TX.

jaffman

what is MF and invoice of the following 2 cars, both 2015 QX60 39mo/10k year? are there any lease cash deals or other incentives available this month (july) for these cars? lease would be in ny if that makes a difference. thanks

car#1:
premium package
premium plus package
driver assist package

Car#2
premium package
premium plus package
driver assist package
deluxe touring package