New Jersey AWD with first package Msrp 47125 Sale 43500 00119 MF and 62% 39/10000 First month only due at signing. 530$ I forget cap cost but I want to say 48ish
Why is the cap cost $4-5K higher than the selling price? Taxes and fees shouldn't be more than a couple thousand.
OK sorry here are the number . Msrp 47,195 Sale 43,531 Cap 46,442 Up front tax 1,323 TLR 382 Acquisition 700 Doc fee. 499
Nj 39/10000.
.00119 and 62%. Using your MSRP and Cap cost, I get $567.34.
New Jersey AWD with first package Msrp 47125 Sale 43500 00119 MF and 62% 39/10000 First month only due at signing. 530$ I forget cap cost but I want to say 48ish
Why is the cap cost $4-5K higher than the selling price? Taxes and fees shouldn't be more than a couple thousand.
OK sorry here are the number . Msrp 47,195 Sale 43,531 Cap 46,442 Up front tax 1,323 TLR 382 Acquisition 700 Doc fee. 499
Nj 39/10000.
.00119 and 62%. Using your MSRP and Cap cost, I get $567.34.
My payment is 530. It was also due at signing. Did I do ok?
Hello - can you confirm please the RV and MF for 36 and 39 month / 15K miles on AWD QX60 please in PA? Was provided initial figures after first test drive of:
2016 QX60 w/ Premium & Premium Plus packages and cargo package / splash guards MSRP $50,540 Sales price $48,000 $269.15 Fees Cap Cost $48,967.49
Hello - can you confirm please the RV and MF for 36 and 39 month / 15K miles on AWD QX60 please in PA? Was provided initial figures after first test drive of:
2016 QX60 w/ Premium & Premium Plus packages and cargo package / splash guards MSRP $50,540 Sales price $48,000 $269.15 Fees Cap Cost $48,967.49
New Jersey AWD with first package Msrp 47125 Sale 43500 00119 MF and 62% 39/10000 First month only due at signing. 530$ I forget cap cost but I want to say 48ish
Why is the cap cost $4-5K higher than the selling price? Taxes and fees shouldn't be more than a couple thousand.
OK sorry here are the number . Msrp 47,195 Sale 43,531 Cap 46,442 Up front tax 1,323 TLR 382 Acquisition 700 Doc fee. 499
Nj 39/10000.
.00119 and 62%. Using your MSRP and Cap cost, I get $567.34.
My payment is 530. It was also due at signing. Did I do ok?
Hello - can you confirm please the RV and MF for 36 and 39 month / 15K miles on AWD QX60 please in PA? Was provided initial figures after first test drive of:
2016 QX60 w/ Premium & Premium Plus packages and cargo package / splash guards
MSRP $50,540
Sales price $48,000
$269.15 Fees
Cap Cost $48,967.49
36 / 15K w/ 59% residual = $705/month
39 / 15K w 59% residual = $699/month
With these I calculate approx. 0.00197 MF so not sure if this is inflated or not.
Obviously sales price is way high but this was not a negotiation, just a first draft quote.
Appreciate your feedback.
.00119 and 59% for both 36/15 and 39/15. I get $585/mo before tax with your prices and the base MF.
I think there is more discount available and you should get the base MF
Hi Guys, have a question about the lease I just acquired. I am within my 3 days right to cancel and wanted to know if i got a good deal or not. Here are the particulars:
FICO 684 (I am an existing Infiniti Finance Lease client with perfect history of payments going back 6 years. This is my 3rd Lease with Infiniti)
2016 QX60 Base + Premium Package / 39month Term / 10k Miles Annually / $502.21 Base Monthly + $30.13 Taxes (Florida - Palm Beach County) MSRP - $45,395.00 GCC - $42,957.87 (final $43,957.87 includes Fees, etc) ACC - $43,778.08 RV - $27,822.10 DP - $15,955.98 Rent - $3630.21 Total Pmnts - $19,586.19
I calculated my money factor at 0.00129677 (please correct me if i am mistaken, first time i do this calc)
I put $1000 into the deal that includes my first months payment and a portion of the GCC adjustment. I am trying to determine if i got a decent deal from this dealer based on the numbers or if I should reconsider. Again, I know I should've done this before going through the process but the wife wanted the deal ASAP. Any help and or advice is greatly appreciated in advance.
Hi Guys, have a question about the lease I just acquired. I am within my 3 days right to cancel and wanted to know if i got a good deal or not. Here are the particulars:
FICO 684 (I am an existing Infiniti Finance Lease client with perfect history of payments going back 6 years. This is my 3rd Lease with Infiniti)
2016 QX60 Base + Premium Package / 39month Term / 10k Miles Annually / $502.21 Base Monthly + $30.13 Taxes (Florida - Palm Beach County) MSRP - $45,395.00 GCC - $42,957.87 (final $43,957.87 includes Fees, etc) ACC - $43,778.08 RV - $27,822.10 DP - $15,955.98 Rent - $3630.21 Total Pmnts - $19,586.19
I calculated my money factor at 0.00129677 (please correct me if i am mistaken, first time i do this calc)
I put $1000 into the deal that includes my first months payment and a portion of the GCC adjustment. I am trying to determine if i got a decent deal from this dealer based on the numbers or if I should reconsider. Again, I know I should've done this before going through the process but the wife wanted the deal ASAP. Any help and or advice is greatly appreciated in advance.
.00130 and 61% for 39/10 on FWD QX60.
I get $505.40/mo using your MSRP and ACC. I think you did just fine.
I'm looking at a 2016 loaded in PA w/ 9% tax and with MSRP of 59560 and selling price of 55620. I have a trade with payoff of 47491 and trade value of 44000. I will make a down payment of 3038.03 to cover the majority of the negative equity. Current quote is 742.88 per month for 39 months and 10k/year.
I then asked for numbers on a lower MSRP vehicle of 55590 and selling price of 51921 and same trade numbers and down payment as mentioned above and was quoted a payment of 727 per month. How an that be? I feel like I'm being screwed here or they are actually giving me less for my trade and hiding the numbers in somewhere on the deal. I haven't agreed to anything and after reading some of the numbers people are getting in here, I know that I an do significantly better on the deal. Please let me know what you think and sorry for the essay here.
I'm looking at a 2016 loaded in PA w/ 9% tax and with MSRP of 59560 and selling price of 55620. I have a trade with payoff of 47491 and trade value of 44000. I will make a down payment of 3038.03 to cover the majority of the negative equity. Current quote is 742.88 per month for 39 months and 10k/year.
I then asked for numbers on a lower MSRP vehicle of 55590 and selling price of 51921 and same trade numbers and down payment as mentioned above and was quoted a payment of 727 per month. How an that be? I feel like I'm being screwed here or they are actually giving me less for my trade and hiding the numbers in somewhere on the deal. I haven't agreed to anything and after reading some of the numbers people are getting in here, I know that I an do significantly better on the deal. Please let me know what you think and sorry for the essay here.
Thanks!
39/10 on QX60 AWD is .00119 and 62%.
Using the MSRP and selling prices of the more expensive model, I get about $642/mo with 9% tax added in. For the lower priced unit, the payment is $600/mo with tax added in.
However, I don't see the dealer fee or the acquisition fee accounted for - are these being added into the selling price? And, there may also be some negative equity from the trade finding its way into the deal.
Ask for the adjusted cap cost - that should identify any issues.
Hello All. I Just spoke to a Dealer in central ohio. 2016 QX 60 AWD Premium Plus MSRP $50540 Selling Price $45400 39/12 K 9 MSD $4900 $465 with 0 down. drive off with first payment
They mentioned that they inflated the money factor on me to make more money on the deal. I'm walking because they can't explain to me what they are doing in the deal. I made the salesperson and finance guy nervous when I asked for the residual and money factor.
Hi all, I just got the following quote from a dealer and wanted to get your input on whether if it's a good deal. He didn't provide me with the breakdown of the "due on delivery" but it supposedly includes the taxes, DMV, and tags.
I am in NYC (zip code 11214). Also, what is the invoice on this vehicle? Thanks in advance! 2016 QX60 AWD with premium (white color) MSRP - $47695 Selling price - $44725.23 Acquisition fee - $700 Doc fee - $75 (I believe this is included in the due on delivery payment) Residual - .62 Residual amount: $29570.90 Term - 39 months MF - .00119 Due on delivery payment - $2977.63 (supposedly includes the taxes, DMV, and tags) Monthly payment - $479
Hi all, I just got the following quote from a dealer and wanted to get your input on whether if it's a good deal. He didn't provide me with the breakdown of the "due on delivery" but it supposedly includes the taxes, DMV, and tags.
I am in NYC (zip code 11214). Also, what is the invoice on this vehicle? Thanks in advance! 2016 QX60 AWD with premium (white color) MSRP - $47695 Selling price - $44725.23 Acquisition fee - $700 Doc fee - $75 (I believe this is included in the due on delivery payment) Residual - .62 Residual amount: $29570.90 Term - 39 months MF - .00119 Due on delivery payment - $2977.63 (supposedly includes the taxes, DMV, and tags) Monthly payment - $479
I confirm the 62% RV and .00119 MF.
I get $477/mo with your numbers, so pretty close to the dealer quote.
My current lease (JX35) is coming due in July and the dealer has given me the follwoing deal points if I get into a QX60.
Is this a good deal? PLEASE HELP
Location: Los Angeles, CA 2016 QX60 (midnight Blue) Deluxe Technology package Premium package Premium Plus package Splash Guards Theater package 20 inch wheels 50S 50 STATE EMISSION
MSRP - $$57,260
Selling price - $50,904
Acquisition fee - $0
Doc fee - $?
Residual - .62
Residual amount: $29570.90
Term - 39 months
Miles/Per year : 15k
MF - .00060
Due on delivery payment - $1869.46 (supposedly includes 1st month, the taxes, DMV, and tags)
Waive Last month of current lease payment ($539)
REFUNDABLE SECURITY DEPOSIT: (This helped us lower the Money rate factor) : $4550
Monthly payment - $539
* OUR CURRENT LEASE (JX35) Has all the same packages and features with a $5000 security deposit and same deal points with an exact same $539 month payment.
Hi Everyone.
My current lease (JX35) is coming due in July and the dealer has given me the follwoing deal points if I get into a QX60.
Is this a good deal? PLEASE HELP
Location: Los Angeles, CA
2016 QX60 (midnight Blue)
Deluxe Technology package
Premium package
Premium Plus package
Splash Guards
Theater package
20 inch wheels
50S 50 STATE EMISSION
MSRP - $$57,260
Selling price - $50,904
Acquisition fee - $0
Doc fee - $?
Residual - .62
Residual amount: $29570.90
Term - 39 months
Miles/Per year : 15k
MF - .00060
Due on delivery payment - $1869.46 (supposedly includes 1st month, the taxes, DMV, and tags)
Waive Last month of current lease payment ($539)
REFUNDABLE SECURITY DEPOSIT: (This helped us lower the Money rate factor) : $4550
Monthly payment - $539
* OUR CURRENT LEASE (JX35) Has all the same packages and features with a $5000 security deposit and same deal points with an exact same $539 month payment.
You should be able to get $10k off MSRP in LA. Looks like the quote was made to hit your old payment amount.
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
My current lease (JX35) is coming due in July and the dealer has given me the follwoing deal points if I get into a QX60.
Is this a good deal? PLEASE HELP
Location: Los Angeles, CA 2016 QX60 (midnight Blue) Deluxe Technology package Premium package Premium Plus package Splash Guards Theater package 20 inch wheels 50S 50 STATE EMISSION
MSRP - $$57,260
Selling price - $50,904
Acquisition fee - $0
Doc fee - $?
Residual - .62
Residual amount: $29570.90
Term - 39 months
Miles/Per year : 15k
MF - .00060
Due on delivery payment - $1869.46 (supposedly includes 1st month, the taxes, DMV, and tags)
Waive Last month of current lease payment ($539)
REFUNDABLE SECURITY DEPOSIT: (This helped us lower the Money rate factor) : $4550
Monthly payment - $539
* OUR CURRENT LEASE (JX35) Has all the same packages and features with a $5000 security deposit and same deal points with an exact same $539 month payment.
You don't pay taxes upfront in CA, so I'd guess the $1869 includes the acquisition fee. Is your MSRP correct? Because the residual amount that you listed is not 62% of it.
Also, if this is FWD, I show a residual of 58% for 39/15, not 62%.
If your original base was .00130, and you made 7 MSDs to take it to .00060, why not make 9 MSDs and take it down to .00040? ($1300 more in MSDs)
I don't know selling prices for the QX60, but I agree with @jkipster Looks like you were trying to get them to hit a number.
First Off I have to Say Thank you for the useful information, this makes car buying so much better. Now that being said what is the current numbers for 36/12 or 39/12 QX60 Premium Plus in south florida? MSRP 48,295 negotiated price before fees and tax 44,327.
First Off I have to Say Thank you for the useful information, this makes car buying so much better. Now that being said what is the current numbers for 36/12 or 39/12 QX60 Premium Plus in south florida? MSRP 48,295 negotiated price before fees and tax 44,327.
First Off I have to Say Thank you for the useful information, this makes car buying so much better. Now that being said what is the current numbers for 36/12 or 39/12 QX60 Premium Plus in south florida? MSRP 48,295 negotiated price before fees and tax 44,327.
I wanted to share the deal I just signed on a 2016 Infiniti QX60. This started after I stumbled across an article on the site Leasehackr.com from Dec 2015 about a great deal on leftover 2015's. After a lot of research, I was hoping for a similar deal. Discounts weren't quite as deep for the '16s, but the residuals were a bit higher. Here is what I worked out at AutoNation Infiniti Tustin (southern CA)-- I was working with Jordan Taulau, who was really awesome.
39/12 lease on QX60 FWD (base model, no options) MSRP: $43,090 Selling Price: $36,096 (~17% discount) -- this included a $1,500 discount from Infiniti's VPP (military discount) program Residual: 60% MF (pre MSDs): .00130 -- not marked up 9 MSDs x $350 each MF (post MSDs): .00040 Cap Cost Reduction: $341.39 (after I had mistakenly ran numbers assuming 10 MSDs, they updated to 9, but tossed my final MSD in as a CCR to keep up front cash the same -- I was fine with this and didn't want to have them re work the deal given how good it was)
Base Monthly Payment: $297.92 9% Tax Rate Monthly Payment with Tax: $324.73
Drive Off was $4,305 and included: 1st payment $3,150 MSDs $453.75 fees ($80 doc, $306 reg, $10 county fee, $8.75 tire fee, $29 e-filing, $20 smog abatement) $37.93 tax on Cap Cost Reduction $341.39 cap cost reduction
I was surprised to get such a deep discount on a current model year luxury vehicle. It feels head and shoulders above the '12 Toyota Highlander Limited I had, which itself was a pretty nice vehicle. One thing that surprised me is how much more cargo space the Infiniti has vs the Toyota. Cheers!
I wanted to share the deal I just signed on a 2016 Infiniti QX60. This started after I stumbled across an article on the site Leasehackr.com from Dec 2015 about a great deal on leftover 2015's. After a lot of research, I was hoping for a similar deal. Discounts weren't quite as deep for the '16s, but the residuals were a bit higher. Here is what I worked out at AutoNation Infiniti Tustin (southern CA)-- I was working with Jordan Taulau, who was really awesome.
39/12 lease on QX60 FWD (base model, no options) MSRP: $43,090 Selling Price: $36,096 (~17% discount) -- this included a $1,500 discount from Infiniti's VPP (military discount) program Residual: 60% MF (pre MSDs): .00130 -- not marked up 9 MSDs x $350 each MF (post MSDs): .00040 Cap Cost Reduction: $341.39 (after I had mistakenly ran numbers assuming 10 MSDs, they updated to 9, but tossed my final MSD in as a CCR to keep up front cash the same -- I was fine with this and didn't want to have them re work the deal given how good it was)
Base Monthly Payment: $297.92 9% Tax Rate Monthly Payment with Tax: $324.73
Drive Off was $4,305 and included: 1st payment $3,150 MSDs $453.75 fees ($80 doc, $306 reg, $10 county fee, $8.75 tire fee, $29 e-filing, $20 smog abatement) $37.93 tax on Cap Cost Reduction $341.39 cap cost reduction
I was surprised to get such a deep discount on a current model year luxury vehicle. It feels head and shoulders above the '12 Toyota Highlander Limited I had, which itself was a pretty nice vehicle. One thing that surprised me is how much more cargo space the Infiniti has vs the Toyota. Cheers!
Congrats! Thanks for sharing your deal details with us.
Having a hard time with the Infiniti Dealers in South Florida (MiamiDade/Broward/Palm Beach Counties) obtaining the MF and Residuals for QX60 with 15k miles. Any advice is extremely helpful!!
Having a hard time with the Infiniti Dealers in South Florida (MiamiDade/Broward/Palm Beach Counties) obtaining the MF and Residuals for QX60 with 15k miles. Any advice is extremely helpful!!
I'm having a hard time in South Florida as well! Can you please provide the mf and residual for the base fwd and base with premium package, if there is a difference, for 39/12k and 39/10k. Thanks!
I'm having a hard time in South Florida as well! Can you please provide the mf and residual for the base fwd and base with premium package, if there is a difference, for 39/12k and 39/10k. Thanks!
Base + premium Retail: $45,610 Selling Price: $41,000 Fees: $1,157.50 Sales Tax: $2,502.33 Ner Sales Price: $44,659.83
39mo/12k $1,500 out of pocket= $485.50/mth- includes tax $2,500 out of pocket= $457.62 $3,500 out of pocket= $429.77
I've never put money down on my other leases, but they weren't necessary smart decisions, just wanted to get the cheapest payment and they were always upside down in the end.
Is this a good deal? I'm wanting to get as close to $450/mth without putting money down. Any advice?
Base + premium Retail: $45,610 Selling Price: $41,000 Fees: $1,157.50 Sales Tax: $2,502.33 Ner Sales Price: $44,659.83
39mo/12k $1,500 out of pocket= $485.50/mth- includes tax $2,500 out of pocket= $457.62 $3,500 out of pocket= $429.77
I've never put money down on my other leases, but they weren't necessary smart decisions, just wanted to get the cheapest payment and they were always upside down in the end.
Is this a good deal? I'm wanting to get as close to $450/mth without putting money down. Any advice?
In Florida, sales tax is applied to the monthly payment, so I don't understand the $2500 sales tax amount.
This looks like a purchase quote; this wouldn't be an AutoNation dealer, by chance?
It doesn't seem to be an auto nation dealership, but I just looked at it again and the "Sales tax" has ** next to it and below states "** County Discretionary Surtax 0.000%, Finance Tax 6.000%, Service Tax 6.000%, Service Tax (County) 0.000%" So am I to understand they're charging 6% fee on top of the money factor/financing?!?
I tried calculating the payment based on an article on edmunds but I get a higher payment then they're qouting me. I must be doing something wrong.
It doesn't seem to be an auto nation dealership, but I just looked at it again and the "Sales tax" has ** next to it and below states "** County Discretionary Surtax 0.000%, Finance Tax 6.000%, Service Tax 6.000%, Service Tax (County) 0.000%" So am I to understand they're charging 6% fee on top of the money factor/financing?!?
I tried calculating the payment based on an article on edmunds but I get a higher payment then they're qouting me. I must be doing something wrong.
Your quote is for a purchase. Though parts of that quote are valid for a lease, lump sum sales tax is not. Florida taxes the lease payment, monthly.
A lot of dealers like to give you a detailed quote, and then at the bottom of the sheet produce lease numbers, without the extra details on how they arrived at those numbers. (like this one).
Comments
.00119 and 62%. Using your MSRP and Cap cost, I get $567.34.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2016 QX60 w/ Premium & Premium Plus packages and cargo package / splash guards
MSRP $50,540
Sales price $48,000
$269.15 Fees
Cap Cost $48,967.49
36 / 15K w/ 59% residual = $705/month
39 / 15K w 59% residual = $699/month
With these I calculate approx. 0.00197 MF so not sure if this is inflated or not.
Obviously sales price is way high but this was not a negotiation, just a first draft quote.
Appreciate your feedback.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I think there is more discount available and you should get the base MF
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
FICO 684 (I am an existing Infiniti Finance Lease client with perfect history of payments going back 6 years. This is my 3rd Lease with Infiniti)
2016 QX60 Base + Premium Package / 39month Term / 10k Miles Annually / $502.21 Base Monthly + $30.13 Taxes (Florida - Palm Beach County)
MSRP - $45,395.00
GCC - $42,957.87 (final $43,957.87 includes Fees, etc)
ACC - $43,778.08
RV - $27,822.10
DP - $15,955.98
Rent - $3630.21
Total Pmnts - $19,586.19
I calculated my money factor at 0.00129677 (please correct me if i am mistaken, first time i do this calc)
I put $1000 into the deal that includes my first months payment and a portion of the GCC adjustment. I am trying to determine if i got a decent deal from this dealer based on the numbers or if I should reconsider. Again, I know I should've done this before going through the process but the wife wanted the deal ASAP. Any help and or advice is greatly appreciated in advance.
I get $505.40/mo using your MSRP and ACC. I think you did just fine.
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I then asked for numbers on a lower MSRP vehicle of 55590 and selling price of 51921 and same trade numbers and down payment as mentioned above and was quoted a payment of 727 per month. How an that be? I feel like I'm being screwed here or they are actually giving me less for my trade and hiding the numbers in somewhere on the deal. I haven't agreed to anything and after reading some of the numbers people are getting in here, I know that I an do significantly better on the deal. Please let me know what you think and sorry for the essay here.
Thanks!
Using the MSRP and selling prices of the more expensive model, I get about $642/mo with 9% tax added in. For the lower priced unit, the payment is $600/mo with tax added in.
However, I don't see the dealer fee or the acquisition fee accounted for - are these being added into the selling price? And, there may also be some negative equity from the trade finding its way into the deal.
Ask for the adjusted cap cost - that should identify any issues.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2016 QX 60 AWD Premium Plus
MSRP $50540
Selling Price $45400
39/12 K
9 MSD $4900
$465 with 0 down. drive off with first payment
Looking for a 36 months lease with 12K miles a year MF and RV please. Any incentive programs would be great as well. Thank you in advance.
2016 QX60 3.5 AWD SUV CVT QAB-G
MAJESTIC WHITE, GRAPHITE
DELUXE TECHNOLOGY PKG
PREMIUM/PREMIUMPLUS PKGS
SPLASH GUARDS
THEATER PKG
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I am in NYC (zip code 11214). Also, what is the invoice on this vehicle? Thanks in advance!
2016 QX60 AWD with premium (white color)
MSRP - $47695
Selling price - $44725.23
Acquisition fee - $700
Doc fee - $75 (I believe this is included in the due on delivery payment)
Residual - .62
Residual amount: $29570.90
Term - 39 months
MF - .00119
Due on delivery payment - $2977.63 (supposedly includes the taxes, DMV, and tags)
Monthly payment - $479
I get $477/mo with your numbers, so pretty close to the dealer quote.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
My current lease (JX35) is coming due in July and the dealer has given me the follwoing deal points if I get into a QX60.
Is this a good deal? PLEASE HELP
Location: Los Angeles, CA
2016 QX60 (midnight Blue)
Deluxe Technology package
Premium package
Premium Plus package
Splash Guards
Theater package
20 inch wheels
50S 50 STATE EMISSION
* OUR CURRENT LEASE (JX35) Has all the same packages and features with a $5000 security deposit and same deal points with an exact same $539 month payment.
2001 Passat2010 G37S Sedan2013 G37xS Sedan2014 QX602015 Q402016 QX602016 E350 Sedan2017 QX602019 E450 Wagon2021 Sienna XSE AWD2022 Lexus RX3502022 Chrysler Pacifica Hybrid Limited
2023 Nissan Pathfinder Platinum 4WD
Is your MSRP correct? Because the residual amount that you listed is not 62% of it.
Also, if this is FWD, I show a residual of 58% for 39/15, not 62%.
If your original base was .00130, and you made 7 MSDs to take it to .00060, why not make 9 MSDs and take it down to .00040? ($1300 more in MSDs)
I don't know selling prices for the QX60, but I agree with @jkipster Looks like you were trying to get them to hit a number.
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Infiniti does not offer 20K leases - you would take the 15K residual value and deduct on a per mile basis, at the rate of .15-.25 per mile.
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FWIW, those are the same numbers for 39/10, which would result in a lower payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00147 and 61% for either 36/12 or 39/12
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
39/12 lease on QX60 FWD (base model, no options)
MSRP: $43,090
Selling Price: $36,096 (~17% discount) -- this included a $1,500 discount from Infiniti's VPP (military discount) program
Residual: 60%
MF (pre MSDs): .00130 -- not marked up
9 MSDs x $350 each
MF (post MSDs): .00040
Cap Cost Reduction: $341.39 (after I had mistakenly ran numbers assuming 10 MSDs, they updated to 9, but tossed my final MSD in as a CCR to keep up front cash the same -- I was fine with this and didn't want to have them re work the deal given how good it was)
Base Monthly Payment: $297.92
9% Tax Rate
Monthly Payment with Tax: $324.73
Drive Off was $4,305 and included:
1st payment
$3,150 MSDs
$453.75 fees ($80 doc, $306 reg, $10 county fee, $8.75 tire fee, $29 e-filing, $20 smog abatement)
$37.93 tax on Cap Cost Reduction
$341.39 cap cost reduction
I was surprised to get such a deep discount on a current model year luxury vehicle. It feels head and shoulders above the '12 Toyota Highlander Limited I had, which itself was a pretty nice vehicle. One thing that surprised me is how much more cargo space the Infiniti has vs the Toyota. Cheers!
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MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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
.00147 and 59% for either 36/15 or 39/15
Edmunds Price Checker
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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
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
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
Base + premium
Retail: $45,610
Selling Price: $41,000
Fees: $1,157.50
Sales Tax: $2,502.33
Ner Sales Price: $44,659.83
39mo/12k
$1,500 out of pocket= $485.50/mth- includes tax
$2,500 out of pocket= $457.62
$3,500 out of pocket= $429.77
I've never put money down on my other leases, but they weren't necessary smart decisions, just wanted to get the cheapest payment and they were always upside down in the end.
Is this a good deal? I'm wanting to get as close to $450/mth without putting money down. Any advice?
This looks like a purchase quote; this wouldn't be an AutoNation dealer, by chance?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I tried calculating the payment based on an article on edmunds but I get a higher payment then they're qouting me. I must be doing something wrong.
A lot of dealers like to give you a detailed quote, and then at the bottom of the sheet produce lease numbers, without the extra details on how they arrived at those numbers. (like this one).
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Edmunds Moderator
2016 INFINITY QX60 3.5L V6 AWD
premium plus package
driver assistance package
premium package
36/12 and 39/12
Thanks!