2017 Infiniti QX60 Lease Deals and Prices

kevin88gt

Received a quote as follows today....

39mo/10k NYC taxes 8.86% rolled into payment.
MSRP: 55,540
Cap Cost reduction: 1,000 (Infiniti spring incentive)
Residual: 58%
MF: 0.001
Adjusted cap cost: 49,713

Due at signing: 533.12 (First month)
280.00 (Registration)
700.00 (Acquisition Fee)
499.00 (Documentation Fee)
199.00 (VIN Etch)
88.75 (Tax on the 1k incentive)
86.80 (Tax on upfront items)
62.13 (Tax on acquisition fee)

Total due at signing: 2448.80

What do you guys think of this deal? How bout due at signing fees? I'm assuming Aquisition fee= bank fee? Also I dont think I should be paying a VIN Etch fee (i dont care if it has or doesnt have vin etching) and what is a "doc" fee?

Thanks in advance.

Michaell

skrupp152 said:

Thank you!

Above my car price itself I left the 700 bank fee in it.   So really it comes out to...

Car price itself:  15,396.63
Taxes:  1,106.82
Bank fee:  700
DMV:  450
Doc:   399

= 18,052.27

I will say, I knew a guy who knew a guy at the Infiniti dealer.   He did make it sound like there was hardly any profit for them.    I agree.   Calling other dealers near me for this same MSRP of 46,610 one sales manager offered 486/month all included, plus upfront of bank fee, doc fee, 1st month = 1410.   Net lease cost $19,800-ish.

I do feel like I got a steal with 18,052 grand total.  

Congrats!

And, don't worry about the dealer profit. They wouldn't have agreed to the deal if they weren't making something, somewhere.

Michaell

kevin88gt said:

Received a quote as follows today....

39mo/10k NYC taxes 8.86% rolled into payment.
MSRP: 55,540
Cap Cost reduction: 1,000 (Infiniti spring incentive)
Residual: 58%
MF: 0.001
Adjusted cap cost: 49,713

Due at signing: 533.12 (First month)
280.00 (Registration)
700.00 (Acquisition Fee)
499.00 (Documentation Fee)
199.00 (VIN Etch)
88.75 (Tax on the 1k incentive)
86.80 (Tax on upfront items)
62.13 (Tax on acquisition fee)

Total due at signing: 2448.80

What do you guys think of this deal? How bout due at signing fees? I'm assuming Aquisition fee= bank fee? Also I dont think I should be paying a VIN Etch fee (i dont care if it has or doesnt have vin etching) and what is a "doc" fee?

Thanks in advance.

Assuming AWD, .00103 and 58%

With your MSRP and adjusted cap, I get $533/mo. What payment is the dealer quoting you?

Yes, acquisition fee and bank fee are one and the same.

Negotiate out the VIN etch cost.

I was under the impression that NY capped the doc fee at $75 - are you getting this car from a NJ or CT dealer?

kevin88gt

533 was the quoted monthly. CT dealer. How much is NJ dealers capping the doc fee at? I'd be registering the car in NYC.

Michaell

kevin88gt said:

533 was the quoted monthly. CT dealer. How much is NJ dealers capping the doc fee at? I'd be registering the car in NYC.

I don't think there is a cap on the doc fee in either NJ or CT .. I've seen them as high as $499.

qx60infinitis

MSRP $53,190 (QX60 AWD)
Taxes 7.375%
MF = 0.00103 (no security deposits)
RV = 57%
At inception cost = $528.00 (first months lease payment) + $75 (doc fee) + DMV

Apparently, a $1,000 cap reduction is being applied. Is this is a good deal?

Michaell

qx60infinitis said:

MSRP $53,190 (QX60 AWD)
Taxes 7.375%
MF = 0.00103 (no security deposits)
RV = 57%
At inception cost = $528.00 (first months lease payment) + $75 (doc fee) + DMV

Apparently, a $1,000 cap reduction is being applied. Is this is a good deal?

And what is the adjusted cap cost?

Looks like NY State, given the doc fee.

qx60infinitis

The dealer told me the cap cost is $46,000. It is NY State. Is it a good deal?

Michaell

qx60infinitis said:

The dealer told me the cap cost is $46,000. It is NY State. Is it a good deal?

I get $481/mo with those prices and numbers.

I'd confirm the cap cost number - the $1000 at signing may cover just the first payment and DMV costs. Taxes and fees may be rolled in, causing the payment to increase.

qx60infinitis

Including all costs (taxes, DMV, and other fees) the Cap Cost is $47,800. At the signing, I am asked to pay only the first month's payment and then 38 monthly payments. All fees are being rolled into the lease.

Michaell

qx60infinitis said:

Including all costs (taxes, DMV, and other fees) the Cap Cost is $47,800. At the signing, I am asked to pay only the first month's payment and then 38 monthly payments. All fees are being rolled into the lease.

Got it .. my calculations are within $1 of the dealer quote.

skrupp152

Got my car! As stated before, here are the numbers. I was incorrect about what was upfront, but overall price remains unchanged.

2017 QX60 AWD base. Majestic white extra cost option and splash guards.

MSRP $46,610

39 month lease / 10k miles per year.

Due upfront $1144.93 and then 38 payments of $444.89.

Due upfront breakdown.................

Cap cost reduction $637.65
1st mont payment $444.89
Tax on cap cost reduction $57.39
Tire Tax $5.00
Grand total due upfront: $1144.93

As you can see, all else will be included in the monthly payments, stuff like DMV fees, taxes, etc. below:

Gross capitalized cost breakdown........

Agreed upon value of vehicle $39,725
Up front sales tax $1,385.40
License and Registration $349
Acquisition Fee $700
Title $60
Plate/Online Reg Fee $44.55

Gross Capitalized Cost = $42,263.95

From lease agreement:

Box A. Gross Capitalized cost = $42,263.95
(with a note stating agreed vehicle value = $39,725

Box B. Capitalized Cost Reduction = $637.65

Box C. Adjusted Cap Cost = $41,626.30

Box D. Residual Value = $27,033.80 (this is 58% of MSRP 46,610)

Box E. Depreciation and any amortized amounts = $14,592.50

Box F. Rent Charge = $2,758.21

Box G. Total of Base monthly payents = $17,350.71

Box H. Number of payments in your lease = 39

Box I. Base Monthly Payment = $444.89

Box J. Mnthly Sales, Use, or Lease tax = N.A.

Box K. Monthly Luxury Tax = N.A.

Box L. Total Monthly Payment 444.89


********************************************************************

How does that look? Sounds about right? 58% residual is true and I don't know the MF.

Michaell

skrupp152 said:

Got my car! As stated before, here are the numbers. I was incorrect about what was upfront, but overall price remains unchanged.

2017 QX60 AWD base. Majestic white extra cost option and splash guards.

MSRP $46,610

39 month lease / 10k miles per year.

Due upfront $1144.93 and then 38 payments of $444.89.

Due upfront breakdown.................

Cap cost reduction $637.65
1st mont payment $444.89
Tax on cap cost reduction $57.39
Tire Tax $5.00
Grand total due upfront: $1144.93

As you can see, all else will be included in the monthly payments, stuff like DMV fees, taxes, etc. below:

Gross capitalized cost breakdown........

Agreed upon value of vehicle $39,725
Up front sales tax $1,385.40
License and Registration $349
Acquisition Fee $700
Title $60
Plate/Online Reg Fee $44.55

Gross Capitalized Cost = $42,263.95

From lease agreement:

Box A. Gross Capitalized cost = $42,263.95
(with a note stating agreed vehicle value = $39,725

Box B. Capitalized Cost Reduction = $637.65

Box C. Adjusted Cap Cost = $41,626.30

Box D. Residual Value = $27,033.80 (this is 58% of MSRP 46,610)

Box E. Depreciation and any amortized amounts = $14,592.50

Box F. Rent Charge = $2,758.21

Box G. Total of Base monthly payents = $17,350.71

Box H. Number of payments in your lease = 39

Box I. Base Monthly Payment = $444.89

Box J. Mnthly Sales, Use, or Lease tax = N.A.

Box K. Monthly Luxury Tax = N.A.

Box L. Total Monthly Payment 444.89


********************************************************************

How does that look? Sounds about right? 58% residual is true and I don't know the MF.

With everything rolled into the lease, the payment looks quite good compared to the MSRP.

Congrats, and enjoy!

tjc78

Great deal. If the QX had middle row Captains chairs it would be on the list to replace our 15 Enclave.  

ghmiami

Good morning... can you please advise or comment on the following lease proposal? 

Miami, FL dealership
2017 QX60 FWD Premium
MSRP: $46,110
Discount: $5,694
Adj. Cap Cost: 40,416
DOC: $795
Electronic Filing Fee: $495
Acquisition Fee: $700
License & Reg: $475
Tax: $90.76
Other: $6.50

10K miles, 39 months
$499 Month tax included
MF: .00125
Residual: 58%

Thanks in advance for your advice.

kyfdx

ghmiami said:

Good morning... can you please advise or comment on the following lease proposal? 

Miami, FL dealership
2017 QX60 FWD Premium
MSRP: $46,110
Discount: $5,694
Adj. Cap Cost: 40,416
DOC: $795
Electronic Filing Fee: $495
Acquisition Fee: $700
License & Reg: $475
Tax: $90.76
Other: $6.50

10K miles, 39 months
$499 Month tax included
MF: .00125
Residual: 58%

Thanks in advance for your advice.

$800 for doc, then another $500 for electronic filing? Holy cow...

How much is due at signing?

ghmiami

$1,500 down.... and the MF looks also high from what I've seen on previous posts...

kyfdx

ghmiami said:

$1,500 down.... and the MF looks also high from what I've seen on previous posts...

Yes, .00113 MF
That seems like a very small bump. I wonder if it's even accurate, or if they just pulled a number from memory.

The discount looks great, but it's really $1300 less than that, once you add in the garbage fees. I'm sure electronic filing costs something, but it sure isn't $500.

I don't know how good the deal is, as I don't follow pricing. $1500 upfront and $499/mo. isn't too bad for a $46K MSRP vehicle.

skrupp152

I've heard from several people now for a 36-39 month lease that a general rule of thumb for a great deal is 1% of the MSRP for the montly payment with everything included (adding down payment to monthly cost).

Eg, if a vehicle is MSRP 46,000 then a 460/month everything included for 39 months net cost = 17,940 would be considered a great deal.

Any truth to this 1% rule?

Michaell

skrupp152 said:

I've heard from several people now for a 36-39 month lease that a general rule of thumb for a great deal is 1% of the MSRP for the montly payment with everything included (adding down payment to monthly cost).

Eg, if a vehicle is MSRP 46,000 then a 460/month everything included for 39 months net cost = 17,940 would be considered a great deal.

Any truth to this 1% rule?

I wouldn't call it a "truth", I'd call it a guideline. Not every car can be leased for 1% of the sticker price. It really depends on the discounts, MF, residual and incentives that are available.

Some can be leased for less than 1% (cars at the end of their lifecycle and are about to be replaced, for example). Others, you can't even come close (new models, popular models).

If you try to achieve that goal with every lease, you're likely to be disappointed.

lordvader

I didn't lease crossover/SUV yet but for both of my current leases (Acura TLX and Camry XSE) this rule works, my payments are 0.9% and 1% of MSRP respectively. Camry was leased in the beginning of its lifecycle, TLX - close to end.

vonbonds1

Hello,

Can I get the RV/MF for a 36/15 and 39/15 QX60 AWD please?

sand529

Thoughts on this deal:

2017 QX60 AWD - Premium, Premium Plus, Driver Assistance, Pearl Paint, Cargo, Splash Guards

MSRP $53,390

Sales Tax: $1654
DMV/Other Fees: $313
Bank Fee: $700

All rolled into lease.

39months 10k per year

Drive off: $547

$547 monthly

Michaell

vonbonds1 said:

Hello,

Can I get the RV/MF for a 36/15 and 39/15 QX60 AWD please?

.00103 and 55% for both terms

Michaell

sand529 said:

Thoughts on this deal:

2017 QX60 AWD - Premium, Premium Plus, Driver Assistance, Pearl Paint, Cargo, Splash Guards

MSRP $53,390

Sales Tax: $1654
DMV/Other Fees: $313
Bank Fee: $700

All rolled into lease.

39months 10k per year

Drive off: $547

$547 monthly

What is the adjusted cap cost, with the taxes and fees added in?

State and tax rate?

.00103 and 58% for 39/10

dawindoo

Would appreciate your thought on this deal:

2017 QX60 AWD - Premium, Premium Plus

MSRP $51,040
Adj Cap $48415

Sales Tax: $2016
DMV/Other Fees: $313
Bank Fee: $700

39months 10k per year

Drive off: $499

The dealer has the MF at .00103. I asked about MSD's and they stated they do not do it anymore, which I am not sure is true.

Thoughts?

Michaell

dawindoo said:

Would appreciate your thought on this deal:

2017 QX60 AWD - Premium, Premium Plus

MSRP $51,040
Adj Cap $48415

Sales Tax: $2016
DMV/Other Fees: $313
Bank Fee: $700

39months 10k per year

Drive off: $499

The dealer has the MF at .00103. I asked about MSD's and they stated they do not do it anymore, which I am not sure is true.

Thoughts?

What state and tax rate?

Haven't heard that Infiniti had dropped the MSD program. You might want to check with other dealers.

dawindoo

NY

kyfdx

dawindoo said:

NY

.00103 MF and 58% residual
I get $562/mo with that adjusted CAP. Must be a typo, somewhere.

We haven't heard about Infiniti dropping the MSD program, though BMW has, and they may have followed suit.

sand529

dawindoo said:

NY

New York does not allow MSD and I believe Infiniti financial won't allow MSD even if you get your car in another state that allows MSD.

css2017

Hello, I just leased the following vehicle in
Southern California
2017 QX60 FWD Premium, Premium Plus & Driver Assistance Package
Black color
MSRP: $50,860
Adj. Cap Cost: $46,160
(Value of $45,460 + Acquisition Fee $700)

1st Month Payment: 558
Registration, Doc Fees etc: $532
Total Rebate: $1090

10K miles/year, 39 months

$513 + $45 tax = $558/month.

$0 down. Dealer covered 1st month payment and Registration & Doc fees

MF: .00103 (estimated)
Residual Value: $29,498
Residual: 58% (estimated)

Unfortunately, I did not research this forum before test driving the vehicle.
Anyway, just wanted to share the price.
This SUV is nice!
Thanks for maintaining this forum and sharing the prices!

CSS

Michaell

css2017 said:

Hello, I just leased the following vehicle in
Southern California
2017 QX60 FWD Premium, Premium Plus & Driver Assistance Package
Black color
MSRP: $50,860
Adj. Cap Cost: $46,160
(Value of $45,460 + Acquisition Fee $700)

1st Month Payment: 558
Registration, Doc Fees etc: $532
Total Rebate: $1090

10K miles/year, 39 months

$513 + $45 tax = $558/month.

$0 down. Dealer covered 1st month payment and Registration & Doc fees

MF: .00103 (estimated)
Residual Value: $29,498
Residual: 58% (estimated)

Unfortunately, I did not research this forum before test driving the vehicle.
Anyway, just wanted to share the price.
This SUV is nice!
Thanks for maintaining this forum and sharing the prices!

CSS

Congrats, and enjoy!

Thanks for sharing your deal details with us.

kyfdx

sand529 said:

dawindoo said:

NY

New York does not allow MSD and I believe Infiniti financial won't allow MSD even if you get your car in another state that allows MSD.

Good point.. I missed that.

dmoney77

Hello. Need some guidance on my situation. I'm currently in a 39 mo lease on a QX60 which ends in November. I am hoping to begin a new lease asap to avoid paying the DMV renewal which is due in August. Looks like I will be over on the mileage by 2-3k. I also have 3600 security deposit on the old lease. What do you all recommend? Will the dealer buy me out of the lease and if so will he likely roll it into the new lease? Should I wait it out? Just looking to get the best deal and not loose my entire security deposit. Also Infiniti is offering $500 towards the mileage if I get another lease.

Michaell

dmoney77 said:

Hello. Need some guidance on my situation. I'm currently in a 39 mo lease on a QX60 which ends in November. I am hoping to begin a new lease asap to avoid paying the DMV renewal which is due in August. Looks like I will be over on the mileage by 2-3k. I also have 3600 security deposit on the old lease. What do you all recommend? Will the dealer buy me out of the lease and if so will he likely roll it into the new lease? Should I wait it out? Just looking to get the best deal and not loose my entire security deposit. Also Infiniti is offering $500 towards the mileage if I get another lease.

The one downside to a 39 month lease term -- that pesky renewal of the tags for 3 months.

Gather some information - find out the current payoff value of your current car, plus determine the trade value (do you have a CarMax nearby?).

The MSD monies will be refunded to you if you don't lease another Infiniti; if you do, they would roll over to the new lease.

The miles are the miles - if you turn the car in at the end of the lease, those costs can be added to the new lease.

vwspob15

Hi -

Can you provide the details for QX60 AWD in NJ
36M/12K?

Thanks

Michaell

vwspob15 said:

Hi -

Can you provide the details for QX60 AWD in NJ
36M/12K?

Thanks

.00103 and 57% for both 36/12 or 39/12

mrqx_60

Houston, TX
2017 QX60 FWD Premium, Premium Plus & Driver Assistance Package
MSRP: $50,650
Sales Price: $44,120
Gross Cap Cost (Including Fees, Taxes and Acquisition Fee) : 47,880
Down Payment : 1,000
Net Cap Cost : 46,880

Monthly Payment: 575 - 585
12K miles/year, 39 months


MF: .00151 (estimated)
Residual: 57%

Any thoughts on this deal?

Thanks!

Michaell

mrqx_60 said:

Houston, TX
2017 QX60 FWD Premium, Premium Plus & Driver Assistance Package
MSRP: $50,650
Sales Price: $44,120
Gross Cap Cost (Including Fees, Taxes and Acquisition Fee) : 47,880
Down Payment : 1,000
Net Cap Cost : 46,880

Monthly Payment: 575 - 585
12K miles/year, 39 months


MF: .00151 (estimated)
Residual: 57%

Any thoughts on this deal?

Thanks!

.00113 and 57%

With your MSRP and Net Cap Cost, I get $547/mo with the base MF.

MF markup is adding about $30/mo to the payment.

sand529

Michaell said:

dmoney77 said:

Hello. Need some guidance on my situation. I'm currently in a 39 mo lease on a QX60 which ends in November. I am hoping to begin a new lease asap to avoid paying the DMV renewal which is due in August. Looks like I will be over on the mileage by 2-3k. I also have 3600 security deposit on the old lease. What do you all recommend? Will the dealer buy me out of the lease and if so will he likely roll it into the new lease? Should I wait it out? Just looking to get the best deal and not loose my entire security deposit. Also Infiniti is offering $500 towards the mileage if I get another lease.

The one downside to a 39 month lease term -- that pesky renewal of the tags for 3 months.

Gather some information - find out the current payoff value of your current car, plus determine the trade value (do you have a CarMax nearby?).

The MSD monies will be refunded to you if you don't lease another Infiniti; if you do, they would roll over to the new lease.

The miles are the miles - if you turn the car in at the end of the lease, those costs can be added to the new lease.

Why can't you just transfer the plates to your new vehicle?

Michaell

sand529 said:

Michaell said:

dmoney77 said:

Hello. Need some guidance on my situation. I'm currently in a 39 mo lease on a QX60 which ends in November. I am hoping to begin a new lease asap to avoid paying the DMV renewal which is due in August. Looks like I will be over on the mileage by 2-3k. I also have 3600 security deposit on the old lease. What do you all recommend? Will the dealer buy me out of the lease and if so will he likely roll it into the new lease? Should I wait it out? Just looking to get the best deal and not loose my entire security deposit. Also Infiniti is offering $500 towards the mileage if I get another lease.

The one downside to a 39 month lease term -- that pesky renewal of the tags for 3 months.

Gather some information - find out the current payoff value of your current car, plus determine the trade value (do you have a CarMax nearby?).

The MSD monies will be refunded to you if you don't lease another Infiniti; if you do, they would roll over to the new lease.

The miles are the miles - if you turn the car in at the end of the lease, those costs can be added to the new lease.

Why can't you just transfer the plates to your new vehicle?

If your state allows that, great!

dmoney77

Hi. can I get the June rates for FWD 36/12k and 39/12k in So Cal. Sorry if it was already posted, i didnt see it.

Michaell

dmoney77 said:

Hi. can I get the June rates for FWD 36/12k and 39/12k in So Cal. Sorry if it was already posted, i didnt see it.

.00113 and 57% for both 36/12 and 39/12

jbohn81

I thought the MF for the FWD 36/12 was @ .00103 this month? Did it recently move to .00113?

What is your recommendation on paying taxes and acquisition/dealer fees upfront vs rolling into the lease?

Michaell

jbohn81 said:

I thought the MF for the FWD 36/12 was @ .00103 this month? Did it recently move to .00113?

What is your recommendation on paying taxes and acquisition/dealer fees upfront vs rolling into the lease?

.00103 for AWD; .00113 for FWD

We recommend rolling everything but the first payment and DMV costs into the lease.

lake171

Hi,

Can I get the June figures for AWD in Northern California for 36/10 and 39/10? Thank you.

kyfdx

lake171 said:

Hi,

Can I get the June figures for AWD in Northern California for 36/10 and 39/10? Thank you.

.00103 MF and 58% residual for either term.

jbohn81

I am close to purchasing a 2017 QX60, FWD, Prem, Prem+, Deluxe model
12k/39 months
MSRP $57,280
Negotiated price = $50,000
Fees:
$700 acquisition
$50 Handling fee
$44 Cap taxes
$5 Cap Fees
Gross Cap = $50,799
9 MSD = $5,400 (dealer double checking if this amount is correct?)
57% residual
.00023 MF after 9 MSD
$484.56 before tax
$518.48 with tax (7%, 38104 memphis , tn)
Due on delivery = MSD + first months payment

I came up with the same numbers as they did. Just wanted to double check with the experts to see if I am missing anything?

Can you confirm how the MSD payments are calculated for Infiniti leases?

Thanks!

kyfdx

jbohn81 said:

I am close to purchasing a 2017 QX60, FWD, Prem, Prem+, Deluxe model
12k/39 months
MSRP $57,280
Negotiated price = $50,000
Fees:
$700 acquisition
$50 Handling fee
$44 Cap taxes
$5 Cap Fees
Gross Cap = $50,799
9 MSD = $5,400 (dealer double checking if this amount is correct?)
57% residual
.00023 MF after 9 MSD
$484.56 before tax
$518.48 with tax (7%, 38104 memphis , tn)
Due on delivery = MSD + first months payment

I came up with the same numbers as they did. Just wanted to double check with the experts to see if I am missing anything?

Can you confirm how the MSD payments are calculated for Infiniti leases?

Thanks!

When I leased an Infiniti with MSDs, they based the SD on the pre-discounted payment, rounded up to the next $25 increment. So, even though my vehicle had a payment of $378/mo, each SD was $450.

Looks like $600 per deposit is the right number.

vmfldis

FYI

Infiniti Loyalty Rebate $1000 & 2 months pull ahead for current Infiniti lease.