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2016 Infiniti QX60 Lease Questions

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  • MichaellMichaell Moderator Posts: 263,066

    Here is what I'm being offered. Tentatively agreed to pick up in morning. 2016 qx60 awd with premium package and 20k miles year. They want me to pay bank fee $700 and 1st month, tags and dmv. About $1,500 up front. $599 payment. What do you think? Thanks

    Salesman told me it's the 3.5 model so it's th prem and prem plus package. According to Infiniti website the msrp is $52,295
    Thanks
    What is the adjusted cap cost?

    What lease term?

    That said, $599/mo (with tax?) is not bad if you are getting 20,000 miles a year.

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  • mestuff1mestuff1 Member Posts: 5
    edited July 2016
    @Michaell
    $2,300 breakdown, $700 Bank Fee, ~$495 Dealer Doc fee, $400 License/Registration, $200 luxury tax, $495 first month payment
    39months 10k miles
    NJ 7% I believe
  • MichaellMichaell Moderator Posts: 263,066
    mestuff1 said:

    @Michaell
    $2,300 breakdown, $700 Bank Fee, ~$495 Dealer Doc fee, $400 License/Registration, $200 luxury tax, $495 first month payment
    39months 10k miles
    NJ 7% I believe

    You are rolling the tax into the cap cost? What is that total cap cost amount?

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  • mstrluckymstrlucky Member Posts: 106
    Michaell said:

    Here is what I'm being offered. Tentatively agreed to pick up in morning. 2016 qx60 awd with premium package and 20k miles year. They want me to pay bank fee $700 and 1st month, tags and dmv. About $1,500 up front. $599 payment. What do you think? Thanks

    Salesman told me it's the 3.5 model so it's th prem and prem plus package. According to Infiniti website the msrp is $52,295
    Thanks
    What is the adjusted cap cost?

    What lease term?

    That said, $599/mo (with tax?) is not bad if you are getting 20,000 miles a year.
    Michaell said:

    Here is what I'm being offered. Tentatively agreed to pick up in morning. 2016 qx60 awd with premium package and 20k miles year. They want me to pay bank fee $700 and 1st month, tags and dmv. About $1,500 up front. $599 payment. What do you think? Thanks

    Salesman told me it's the 3.5 model so it's th prem and prem plus package. According to Infiniti website the msrp is $52,295
    Thanks
    What is the adjusted cap cost?

    What lease term?

    That said, $599/mo (with tax?) is not bad if you are getting 20,000 miles a year.
    Michaell said:

    Here is what I'm being offered. Tentatively agreed to pick up in morning. 2016 qx60 awd with premium package and 20k miles year. They want me to pay bank fee $700 and 1st month, tags and dmv. About $1,500 up front. $599 payment. What do you think? Thanks

    Salesman told me it's the 3.5 model so it's th prem and prem plus package. According to Infiniti website the msrp is $52,295
    Thanks
    What is the adjusted cap cost?

    What lease term?

    That said, $599/mo (with tax?) is not bad if you are getting 20,000 miles a year.
    Michaell said:

    Here is what I'm being offered. Tentatively agreed to pick up in morning. 2016 qx60 awd with premium package and 20k miles year. They want me to pay bank fee $700 and 1st month, tags and dmv. About $1,500 up front. $599 payment. What do you think? Thanks

    Salesman told me it's the 3.5 model so it's th prem and prem plus package. According to Infiniti website the msrp is $52,295
    Thanks
    What is the adjusted cap cost?

    What lease term?

    That said, $599/mo (with tax?) is not bad if you are getting 20,000 miles a year.
    I greatly appreciate the feedback because I'm suppose to pick car up tomorrow. Lease is 36months. I'll get adjusted cap cost in morning.
  • dsoroudidsoroudi Member Posts: 31
    kyfdx said:

    dsoroudi said:

    Ok, working on a diff deal as wife wants theater package too

    so now it as the prem, prem plus, deluxe and theater packages

    0 down, 0 drive-off
    39months
    MSRP: $57,260
    Money factor: .00098
    Residual: .59
    Selling:$ 53,400
    payment: 598+tax

    how is that looking

    I get $588/mo. with those numbers, but the selling price may not be the actual adjusted CAP cost. Looks pretty good with ZERO drive off
    Yes it was with ZERO drive off before, but now I decided to put $1500 down, and I kept pushing back. I'm at $559/month INCLUDING CA taxes (9.00%) for the above car.
  • rpboca_14rpboca_14 Member Posts: 16
    Hi - Looking at the 2016 QX60 base model AWD. Two questions.

    1) Does Infiniti offer 24/10 lease terms? What is the residual and MF in CA with that scenario?

    2) Additionally, my credit is poor and in "rebuild" mode. Plan would be to get the cap cost down as much as I can (looks like in the $40k-$42k range for the base AWD model) and try for a single-payment lease where I'd pay full depreciation, CA sales tax, and interest on the remaining residual. Is that a strategy worth pursuing (given the poor credit situation) and would Infiniti use the 0.00087 MF under that scenario? Thanks in advance!
  • MichaellMichaell Moderator Posts: 263,066
    rpboca_14 said:

    Hi - Looking at the 2016 QX60 base model AWD. Two questions.

    1) Does Infiniti offer 24/10 lease terms? What is the residual and MF in CA with that scenario?

    2) Additionally, my credit is poor and in "rebuild" mode. Plan would be to get the cap cost down as much as I can (looks like in the $40k-$42k range for the base AWD model) and try for a single-payment lease where I'd pay full depreciation, CA sales tax, and interest on the remaining residual. Is that a strategy worth pursuing (given the poor credit situation) and would Infiniti use the 0.00087 MF under that scenario? Thanks in advance!

    24/10 on QX60 AWD is .00087 and 66%. That MF is good for tiers 1-3 (FICO 700 and above); after that, the MF goes up based on your score.

    Not sure that a single pay lease will allow you to use the top tier MF. Do you know what your score is?

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  • rpboca_14rpboca_14 Member Posts: 16
    Michaell said:

    rpboca_14 said:

    Hi - Looking at the 2016 QX60 base model AWD. Two questions.

    1) Does Infiniti offer 24/10 lease terms? What is the residual and MF in CA with that scenario?

    2) Additionally, my credit is poor and in "rebuild" mode. Plan would be to get the cap cost down as much as I can (looks like in the $40k-$42k range for the base AWD model) and try for a single-payment lease where I'd pay full depreciation, CA sales tax, and interest on the remaining residual. Is that a strategy worth pursuing (given the poor credit situation) and would Infiniti use the 0.00087 MF under that scenario? Thanks in advance!

    24/10 on QX60 AWD is .00087 and 66%. That MF is good for tiers 1-3 (FICO 700 and above); after that, the MF goes up based on your score.

    Not sure that a single pay lease will allow you to use the top tier MF. Do you know what your score is?
    Unfortunately it's very low but trending up. Depending on the credit bureau, 590 - 625 range.
  • MichaellMichaell Moderator Posts: 263,066
    rpboca_14 said:

    Michaell said:

    rpboca_14 said:

    Hi - Looking at the 2016 QX60 base model AWD. Two questions.

    1) Does Infiniti offer 24/10 lease terms? What is the residual and MF in CA with that scenario?

    2) Additionally, my credit is poor and in "rebuild" mode. Plan would be to get the cap cost down as much as I can (looks like in the $40k-$42k range for the base AWD model) and try for a single-payment lease where I'd pay full depreciation, CA sales tax, and interest on the remaining residual. Is that a strategy worth pursuing (given the poor credit situation) and would Infiniti use the 0.00087 MF under that scenario? Thanks in advance!

    24/10 on QX60 AWD is .00087 and 66%. That MF is good for tiers 1-3 (FICO 700 and above); after that, the MF goes up based on your score.

    Not sure that a single pay lease will allow you to use the top tier MF. Do you know what your score is?
    Unfortunately it's very low but trending up. Depending on the credit bureau, 590 - 625 range.
    That is between tier 7 and 9 .. for the QX60 AWD, that translates to a MF between .00268 and .00432.

    That is going to dramatically increase your lease payment.

    Any chance you would consider a lower priced vehicle?

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  • rpboca_14rpboca_14 Member Posts: 16
    Michaell said:
    Hi - Looking at the 2016 QX60 base model AWD. Two questions. 1) Does Infiniti offer 24/10 lease terms? What is the residual and MF in CA with that scenario? 2) Additionally, my credit is poor and in "rebuild" mode. Plan would be to get the cap cost down as much as I can (looks like in the $40k-$42k range for the base AWD model) and try for a single-payment lease where I'd pay full depreciation, CA sales tax, and interest on the remaining residual. Is that a strategy worth pursuing (given the poor credit situation) and would Infiniti use the 0.00087 MF under that scenario? Thanks in advance!
    24/10 on QX60 AWD is .00087 and 66%. That MF is good for tiers 1-3 (FICO 700 and above); after that, the MF goes up based on your score. Not sure that a single pay lease will allow you to use the top tier MF. Do you know what your score is?
    Unfortunately it's very low but trending up. Depending on the credit bureau, 590 - 625 range.
    That is between tier 7 and 9 .. for the QX60 AWD, that translates to a MF between .00268 and .00432. That is going to dramatically increase your lease payment. Any chance you would consider a lower priced vehicle?
    Possibly. Have some cash in hand so hope was a one payment lease or large cap cost reduction to cover much of depreciation and sales tax would reduce the risk with the bank and I can get closer to the lower rate money factors. Sounds like that might be a faulty assumption?
  • MichaellMichaell Moderator Posts: 263,066
    rpboca_14 said:


    Michaell said:

    rpboca_14 said:

    Michaell said:

    rpboca_14 said:

    Hi - Looking at the 2016 QX60 base model AWD. Two questions.

    1) Does Infiniti offer 24/10 lease terms? What is the residual and MF in CA with that scenario?

    2) Additionally, my credit is poor and in "rebuild" mode. Plan would be to get the cap cost down as much as I can (looks like in the $40k-$42k range for the base AWD model) and try for a single-payment lease where I'd pay full depreciation, CA sales tax, and interest on the remaining residual. Is that a strategy worth pursuing (given the poor credit situation) and would Infiniti use the 0.00087 MF under that scenario? Thanks in advance!

    24/10 on QX60 AWD is .00087 and 66%. That MF is good for tiers 1-3 (FICO 700 and above); after that, the MF goes up based on your score.

    Not sure that a single pay lease will allow you to use the top tier MF. Do you know what your score is?
    Unfortunately it's very low but trending up. Depending on the credit bureau, 590 - 625 range.
    That is between tier 7 and 9 .. for the QX60 AWD, that translates to a MF between .00268 and .00432.

    That is going to dramatically increase your lease payment.

    Any chance you would consider a lower priced vehicle?

    Possibly. Have some cash in hand so hope was a one payment lease or large cap cost reduction to cover much of depreciation and sales tax would reduce the risk with the bank and I can get closer to the lower rate money factors. Sounds like that might be a faulty assumption?

    Down payment does not affect the MF used in a lease .. strictly based on credit.

    And, we don't recommend a down payment on a lease - that money would be lost if the car is stolen or totaled.

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  • lwest804lwest804 Member Posts: 16
    Finally got a dealer to give me MF and RV for a FWD, he said: " Right now the money factor is .00098 and residual is 56%. August the residual will probably go down to 54% since the car is another month old and the will more than likely go down just a little to balance the residual drop to keep things the same that is the general pattern."

    Is this correct? Looking at an MSRP of $50,710, selling price of $44976 (plus fees, they say) though I gave them and other dealers the TrueCar estimate of $43,730. I'm in CA--what should I expect the payment to be? Will the overall deals be better in August as we get closer to the 2017 model release or will the lower residual counteract the lower MF?

    Thanks!
  • MichaellMichaell Moderator Posts: 263,066
    lwest804 said:

    Finally got a dealer to give me MF and RV for a FWD, he said: " Right now the money factor is .00098 and residual is 56%. August the residual will probably go down to 54% since the car is another month old and the will more than likely go down just a little to balance the residual drop to keep things the same that is the general pattern."

    Is this correct? Looking at an MSRP of $50,710, selling price of $44976 (plus fees, they say) though I gave them and other dealers the TrueCar estimate of $43,730. I'm in CA--what should I expect the payment to be? Will the overall deals be better in August as we get closer to the 2017 model release or will the lower residual counteract the lower MF?

    Thanks!

    I confirm the .00098 MF and 56% for either 36/15 or 39/15.

    Yes, these numbers expire after tomorrow.

    Dealer doesn't have any idea what the numbers will look like on 8/2 .. naturally, he is trying to sell (lease) you a car today.

    In general, the residual drops as the model year progresses, but I have seen the opposite happen .. a bump in residual to help move inventory.

    Can't help you with web pricing, but using your MSRP and selling prices, I get $497/mo plus tax for 39 months.

    Lastly, I don't make decisions with other people's money. :sunglasses:

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  • mstrluckymstrlucky Member Posts: 106
    Michaell said:

    Here is what I'm being offered. Tentatively agreed to pick up in morning. 2016 qx60 awd with premium package and 20k miles year. They want me to pay bank fee $700 and 1st month, tags and dmv. About $1,500 up front. $599 payment. What do you think? Thanks

    Salesman told me it's the 3.5 model so it's th prem and prem plus package. According to Infiniti website the msrp is $52,295
    Thanks
    What is the adjusted cap cost?

    What lease term?

    That said, $599/mo (with tax?) is not bad if you are getting 20,000 miles a year.
    Salesman said there is no adj cal cost because I'm not putting any money money down...just 1st payment and bank fee.
  • lwest804lwest804 Member Posts: 16
    Michaell said:

    lwest804 said:

    Finally got a dealer to give me MF and RV for a FWD, he said: " Right now the money factor is .00098 and residual is 56%. August the residual will probably go down to 54% since the car is another month old and the will more than likely go down just a little to balance the residual drop to keep things the same that is the general pattern."

    Is this correct? Looking at an MSRP of $50,710, selling price of $44976 (plus fees, they say) though I gave them and other dealers the TrueCar estimate of $43,730. I'm in CA--what should I expect the payment to be? Will the overall deals be better in August as we get closer to the 2017 model release or will the lower residual counteract the lower MF?

    Thanks!

    I confirm the .00098 MF and 56% for either 36/15 or 39/15.

    Yes, these numbers expire after tomorrow.

    Dealer doesn't have any idea what the numbers will look like on 8/2 .. naturally, he is trying to sell (lease) you a car today.

    In general, the residual drops as the model year progresses, but I have seen the opposite happen .. a bump in residual to help move inventory.

    Can't help you with web pricing, but using your MSRP and selling prices, I get $497/mo plus tax for 39 months.

    Lastly, I don't make decisions with other people's money. :sunglasses:
    Gotcha, thanks so much. Trying to hold off the dealers while waiting on numbers from my car broker, its a little complicated as I'm trying to trade in my car that still has a few months left on the lease so I'm trying to figure out where I'm going to get the best deal. Broker says August will likely be better...
  • MichaellMichaell Moderator Posts: 263,066

    Michaell said:

    Here is what I'm being offered. Tentatively agreed to pick up in morning. 2016 qx60 awd with premium package and 20k miles year. They want me to pay bank fee $700 and 1st month, tags and dmv. About $1,500 up front. $599 payment. What do you think? Thanks

    Salesman told me it's the 3.5 model so it's th prem and prem plus package. According to Infiniti website the msrp is $52,295
    Thanks
    What is the adjusted cap cost?

    What lease term?

    That said, $599/mo (with tax?) is not bad if you are getting 20,000 miles a year.
    Salesman said there is no adj cal cost because I'm not putting any money money down...just 1st payment and bank fee.
    What is the negotiated selling price, then? That number would become the cap cost if you are paying the taxes and fees up front and aren't putting any money down.

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  • mstrluckymstrlucky Member Posts: 106
    Michaell said:

    Here is what I'm being offered. Tentatively agreed to pick up in morning. 2016 qx60 awd with premium package and 20k miles year. They want me to pay bank fee $700 and 1st month, tags and dmv. About $1,500 up front. $599 payment. What do you think? Thanks

    Salesman told me it's the 3.5 model so it's th prem and prem plus package. According to Infiniti website the msrp is $52,295
    Thanks
    What is the adjusted cap cost?

    What lease term?

    That said, $599/mo (with tax?) is not bad if you are getting 20,000 miles a year.
    Michaell said:

    Here is what I'm being offered. Tentatively agreed to pick up in morning. 2016 qx60 awd with premium package and 20k miles year. They want me to pay bank fee $700 and 1st month, tags and dmv. About $1,500 up front. $599 payment. What do you think? Thanks

    Salesman told me it's the 3.5 model so it's th prem and prem plus package. According to Infiniti website the msrp is $52,295
    Thanks
    What is the adjusted cap cost?

    What lease term?

    That said, $599/mo (with tax?) is not bad if you are getting 20,000 miles a year.
    Michaell said:

    Here is what I'm being offered. Tentatively agreed to pick up in morning. 2016 qx60 awd with premium package and 20k miles year. They want me to pay bank fee $700 and 1st month, tags and dmv. About $1,500 up front. $599 payment. What do you think? Thanks

    Salesman told me it's the 3.5 model so it's th prem and prem plus package. According to Infiniti website the msrp is $52,295
    Thanks
    What is the adjusted cap cost?

    What lease term?

    That said, $599/mo (with tax?) is not bad if you are getting 20,000 miles a year.
    Michaell said:

    Here is what I'm being offered. Tentatively agreed to pick up in morning. 2016 qx60 awd with premium package and 20k miles year. They want me to pay bank fee $700 and 1st month, tags and dmv. About $1,500 up front. $599 payment. What do you think? Thanks

    Salesman told me it's the 3.5 model so it's th prem and prem plus package. According to Infiniti website the msrp is $52,295
    Thanks
    What is the adjusted cap cost?

    What lease term?

    That said, $599/mo (with tax?) is not bad if you are getting 20,000 miles a year.
    I greatly appreciate the feedback because I'm suppose to pick car up tomorrow. Lease is 36months. I'll get cap

    Here is what I'm being offered. Tentatively agreed to pick up in morning. 2016 qx60 awd with premium package and 20k miles year. They want me to pay bank fee $700 and 1st month, tags and dmv. About $1,500 up front. $599 payment. What do you think? Thanks

    Salesman told me it's the 3.5 model so it's th prem and prem plus package. According to Infiniti website the msrp is $52,295
    Thanks
    Ok salesman said there is no adj cap cost since I'm putting nothing down ..just bank fe
    Michaell said:

    Here is what I'm being offered. Tentatively agreed to pick up in morning. 2016 qx60 awd with premium package and 20k miles year. They want me to pay bank fee $700 and 1st month, tags and dmv. About $1,500 up front. $599 payment. What do you think? Thanks

    Salesman told me it's the 3.5 model so it's th prem and prem plus package. According to Infiniti website the msrp is $52,295
    Thanks
    What is the adjusted cap cost?

    What lease term?

    That said, $599/mo (with tax?) is not bad if you are getting 20,000 miles a year.
    Sorry... Quoting the messages incorrectly.....

    Like I said he said no adj cap cost as I'm putting no money down just 1st month and bank fee. It's a 39month lease.
  • tlx_2015tlx_2015 Member Posts: 20
    Hey Michaell / kyfdx,

    Can you please list the new August numbers for the QX60 3.5 AWD in all trim levels for the following terms in PA?

    15K/39 months
    15K/36 months
  • lwest804lwest804 Member Posts: 16
    Would love August numbers for 39/12 FWD in California.

    Dealer is agreeing to a $500/month payment including tax, and including taking my car as a trade in where I have about $3000 in negative equity, $1200 drive offs, 39/12 with driver's assist (MSRP $50,710). Seems to me like an amazing deal, they just don't have the color combo I want in stock :[ Another dealer said they have it and will try to match or beat the deal. Car broker couldn't touch this deal, originally dealer is calling me tomorrow with August program. Is it bad to put $1200 toward drive-offs? Its different than a down payment, correct? Never done this much car research in my life!
  • kyfdxkyfdx Moderator Posts: 266,751
    tlx_2015 said:

    Hey Michaell / kyfdx,

    Can you please list the new August numbers for the QX60 3.5 AWD in all trim levels for the following terms in PA?

    15K/39 months
    15K/36 months

    .00087 MF and 57% residual. Either term, all trim levels.

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  • kyfdxkyfdx Moderator Posts: 266,751
    lwest804 said:

    Would love August numbers for 39/12 FWD in California.

    Dealer is agreeing to a $500/month payment including tax, and including taking my car as a trade in where I have about $3000 in negative equity, $1200 drive offs, 39/12 with driver's assist (MSRP $50,710). Seems to me like an amazing deal, they just don't have the color combo I want in stock :[ Another dealer said they have it and will try to match or beat the deal. Car broker couldn't touch this deal, originally dealer is calling me tomorrow with August program. Is it bad to put $1200 toward drive-offs? Its different than a down payment, correct? Never done this much car research in my life!

    .00098 MF and 58% residual

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  • drew609drew609 Member Posts: 8
    Thanks again for all you guys do.  This helps us immensely.  Looking for MF/RV for qx60 39/10 premium and premium plus in south Florida.  Thx
  • drew609drew609 Member Posts: 8
    Also any idea how much MSD's affect MF.  Thx
  • abisi_goldmanabisi_goldman Member Posts: 1
    Hello Michaell,

    Can I get the RV and MF for 10/39 fwd base model in Arizona?

    Thanks
  • kyfdxkyfdx Moderator Posts: 266,751
    drew609 said:

    Thanks again for all you guys do.  This helps us immensely.  Looking for MF/RV for qx60 39/10 premium and premium plus in south Florida.  Thx

    .00098 MF and 59% residual, for all FWD models

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  • kyfdxkyfdx Moderator Posts: 266,751
    drew609 said:

    Also any idea how much MSD's affect MF.  Thx

    If you make 9 MSDs, you can take the MF from .00098 to .00008

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  • kyfdxkyfdx Moderator Posts: 266,751

    Hello Michaell,

    Can I get the RV and MF for 10/39 fwd base model in Arizona?

    Thanks

    .00098 MF and 59% residual, for all FWD models

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  • wangsu16wangsu16 Member Posts: 2
    Hello,

    Can I get the RV and MF for 10/39 awd base/p/pp model in NY/NJ?

    Thanks

  • MichaellMichaell Moderator Posts: 263,066
    wangsu16 said:

    Hello,

    Can I get the RV and MF for 10/39 awd base/p/pp model in NY/NJ?

    Thanks

    .00087 and 60%

    Options and packages do not affect these numbers.

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  • wangsu16wangsu16 Member Posts: 2
    Michaell said:

    wangsu16 said:

    Hello,

    Can I get the RV and MF for 10/39 awd base/p/pp model in NY/NJ?

    Thanks

    .00087 and 60%

    Options and packages do not affect these numbers.
    Thanks a lot Michaell!
  • lwest804lwest804 Member Posts: 16
    Just wanted to share the deal I finally signed for today on my new QX60 with prem, prem+ and driver's assist (FWD). 39/12 and I'm in CA.

    They took my Mazda CX-9 as a trade-- I had 5 payments left (of $380), gave me $17,500 for it even though the payoff was $20,140.61 (so I had negative equity, needed 2 new front tires and was about 4500 over my mileage already)

    MSRP: $51,775 (inc. splash guards and wheel locks which I think we just overpaid for, but whatever)
    Agreed upon sale price: $41,472.47
    Gross Capitalized Cost: $45,292.08
    Adjusted Cap Cost: $44,662,83
    Residual: $29,411.80
    Total out of pocket (drive offs): $1200
    Total monthly payment inc. tax: $505.37

    Feeling like we got a really great deal!


    Only confusion is about the wheel locks--my car is coming from another dealer and has them on currently. We were at $500 even on the monthly and they said we can keep the locks for an extra $5/month so we agreed. Now I realize they're only $65 on the Infiniti site--did we get screwed on that one? $5 x 39 payments is obviously way more than that. We signed the deal today and I have a loaner until my exact car comes in in a few days...

    Anyway, thanks for all the help and advice here!
  • kyfdxkyfdx Moderator Posts: 266,751
    lwest804 said:

    Just wanted to share the deal I finally signed for today on my new QX60 with prem, prem+ and driver's assist (FWD). 39/12 and I'm in CA.

    They took my Mazda CX-9 as a trade-- I had 5 payments left (of $380), gave me $17,500 for it even though the payoff was $20,140.61 (so I had negative equity, needed 2 new front tires and was about 4500 over my mileage already)

    MSRP: $51,775 (inc. splash guards and wheel locks which I think we just overpaid for, but whatever)
    Agreed upon sale price: $41,472.47
    Gross Capitalized Cost: $45,292.08
    Adjusted Cap Cost: $44,662,83
    Residual: $29,411.80
    Total out of pocket (drive offs): $1200
    Total monthly payment inc. tax: $505.37

    Feeling like we got a really great deal!


    Only confusion is about the wheel locks--my car is coming from another dealer and has them on currently. We were at $500 even on the monthly and they said we can keep the locks for an extra $5/month so we agreed. Now I realize they're only $65 on the Infiniti site--did we get screwed on that one? $5 x 39 payments is obviously way more than that. We signed the deal today and I have a loaner until my exact car comes in in a few days...

    Anyway, thanks for all the help and advice here!

    I have an insurance company for stolen wheels. ;)

    Considering the negative equity, the deal looks very good. Skip one latte a month, to pay for those locks!

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  • lwest804lwest804 Member Posts: 16
    edited August 2016
    kyfdx said:

    lwest804 said:

    Just wanted to share the deal I finally signed for today on my new QX60 with prem, prem+ and driver's assist (FWD). 39/12 and I'm in CA.

    They took my Mazda CX-9 as a trade-- I had 5 payments left (of $380), gave me $17,500 for it even though the payoff was $20,140.61 (so I had negative equity, needed 2 new front tires and was about 4500 over my mileage already)

    MSRP: $51,775 (inc. splash guards and wheel locks which I think we just overpaid for, but whatever)
    Agreed upon sale price: $41,472.47
    Gross Capitalized Cost: $45,292.08
    Adjusted Cap Cost: $44,662,83
    Residual: $29,411.80
    Total out of pocket (drive offs): $1200
    Total monthly payment inc. tax: $505.37

    Feeling like we got a really great deal!


    Only confusion is about the wheel locks--my car is coming from another dealer and has them on currently. We were at $500 even on the monthly and they said we can keep the locks for an extra $5/month so we agreed. Now I realize they're only $65 on the Infiniti site--did we get screwed on that one? $5 x 39 payments is obviously way more than that. We signed the deal today and I have a loaner until my exact car comes in in a few days...

    Anyway, thanks for all the help and advice here!

    I have an insurance company for stolen wheels. ;)

    Considering the negative equity, the deal looks very good. Skip one latte a month, to pay for those locks!
    Oh! haha Well I'm not concerned with the $5/month, it was just the overall thought of over-paying for something so small... Not worth saying anything then?

    Realized I typed the MSRP wrong, it was $50k, not $51k. Thanks for the confirmation it was a really good deal! I negotiated my butt off with this one, my husband was pretty impressed ;)
  • jmorris7jmorris7 Member Posts: 9
    Lease QX60 AWD $50,810 MSRP Prem Plus, 39/12 true zero drive, $475mo (9% LA city Tax included). Great deal?
  • MichaellMichaell Moderator Posts: 263,066
    jmorris7 said:

    Lease QX60 AWD $50,810 MSRP Prem Plus, 39/12 true zero drive, $475mo (9% LA city Tax included). Great deal?

    What is the adjusted cap cost, if everything is rolled in?

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  • jmorris7jmorris7 Member Posts: 9
    Michaell said:

    jmorris7 said:

    Lease QX60 AWD $50,810 MSRP Prem Plus, 39/12 true zero drive, $475mo (9% LA city Tax included). Great deal?

    What is the adjusted cap cost, if everything is rolled in?
    Not sure. Why does it matter? This a lease. Not planning on buying it, so I do not care about the residual value either.
  • MichaellMichaell Moderator Posts: 263,066
    jmorris7 said:

    Michaell said:

    jmorris7 said:

    Lease QX60 AWD $50,810 MSRP Prem Plus, 39/12 true zero drive, $475mo (9% LA city Tax included). Great deal?

    What is the adjusted cap cost, if everything is rolled in?
    Not sure. Why does it matter? This a lease. Not planning on buying it, so I do not care about the residual value either.
    I can't really give you an opinion of how good a deal it is (or isn't) without it.

    That way, I can tell you if the dealer marked up the MF for extra profit on their end.

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  • jmorris7jmorris7 Member Posts: 9
    Michaell said:
    Lease QX60 AWD $50,810 MSRP Prem Plus, 39/12 true zero drive, $475mo (9% LA city Tax included). Great deal?
    What is the adjusted cap cost, if everything is rolled in?
    Not sure. Why does it matter? This a lease. Not planning on buying it, so I do not care about the residual value either.
    I can't really give you an opinion of how good a deal it is (or isn't) without it. That way, I can tell you if the dealer marked up the MF for extra profit on their end.
    $44,435
  • MichaellMichaell Moderator Posts: 263,066
    jmorris7 said:


    Michaell said:

    Lease QX60 AWD $50,810 MSRP Prem Plus, 39/12 true zero drive, $475mo (9% LA city Tax included). Great deal?
    What is the adjusted cap cost, if everything is rolled in?
    Not sure. Why does it matter? This a lease. Not planning on buying it, so I do not care about the residual value either.

    I can't really give you an opinion of how good a deal it is (or isn't) without it.

    That way, I can tell you if the dealer marked up the MF for extra profit on their end.

    $44,435

    I get $475/mo as well with those numbers.

    Looks solid.

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  • st2016carst2016car Member Posts: 4
    Hi, Do you have MF and RV for 2016 QX60 AWD in NY/NJ areas? Thanks for the info.
  • MichaellMichaell Moderator Posts: 263,066
    st2016car said:

    Hi, Do you have MF and RV for 2016 QX60 AWD in NY/NJ areas? Thanks for the info.

    Best term is 39/15 - .00087 and 57%

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  • bobhalk_1117bobhalk_1117 Member Posts: 6
    Hi,
    Looking for RV and MF for 2016 QX60 for 30months for 12k or 10k miles per year in CA SF Bay Area. Is it possible to get such non-standard lease on vehicles.

    Thanks much !!
    bob
  • MichaellMichaell Moderator Posts: 263,066

    Hi,
    Looking for RV and MF for 2016 QX60 for 30months for 12k or 10k miles per year in CA SF Bay Area. Is it possible to get such non-standard lease on vehicles.

    Thanks much !!
    bob

    Infiniti does not offer a 30 month term - only 24, 36 or 39 for the best rates.

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  • bobhalk_1117bobhalk_1117 Member Posts: 6
    Thanks!! So what would be the RV and MF for 24months / 12k miles for QX60 in SF Bay Area ?
  • MichaellMichaell Moderator Posts: 263,066

    Thanks!! So what would be the RV and MF for 24months / 12k miles for QX60 in SF Bay Area ?

    FWD or AWD?

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  • drozzy123drozzy123 Member Posts: 2
    Hi mods -
    Pls can someone help provide the MF and RV for QX60 39mo/12k for both AWD, FWD and Hybrid. Region CA. it'll be a great help!
  • MichaellMichaell Moderator Posts: 263,066
    drozzy123 said:

    Hi mods -
    Pls can someone help provide the MF and RV for QX60 39mo/12k for both AWD, FWD and Hybrid. Region CA. it'll be a great help!

    FWD gas - .00098 and 58%
    AWD gas - .00087 and 59%
    FWD hybrid - .00065 and 55%
    AWD hybrid - .00080 and 57%

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  • MCB_88MCB_88 Member Posts: 4
    Hi Mods,

    Had a quote from TX today

    12/39

    2016 QX60 AWD

    MSRP 59,560
    Sale 54249

    +$214 Govt Fees
    +$150 Proc/Doc
    +3296 in taxes
    +700 Acquisition Fee

    $ 58,610
    -1500 trade in

    57,110

    they say residual is 59%

    Monthly is between $672 to $682 with zero down, other then my trade in

    its AWD with Tech, Driver assist, theater

    this a good price?




  • bobhalk_1117bobhalk_1117 Member Posts: 6
    Michaell said:

    Thanks!! So what would be the RV and MF for 24months / 12k miles for QX60 in SF Bay Area ?

    FWD or AWD?
    Could you please provide both for 36 month / 12,000 .

    Thanks
  • kyfdxkyfdx Moderator Posts: 266,751
    MCB_88 said:

    Hi Mods,

    Had a quote from TX today

    12/39

    2016 QX60 AWD

    MSRP 59,560
    Sale 54249

    +$214 Govt Fees
    +$150 Proc/Doc
    +3296 in taxes
    +700 Acquisition Fee

    $ 58,610
    -1500 trade in

    57,110

    they say residual is 59%

    Monthly is between $672 to $682 with zero down, other then my trade in

    its AWD with Tech, Driver assist, theater

    this a good price?




    .00087 MF and 59% residual.

    I get around $662/mo.

    We don't track selling prices, though.. so, can't tell you if that's a good discount or not.
    The rest of the numbers look right, though.

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