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understand the part about your last 5 payments on the
Murano. They're not making you pay the last 5 payments?
I thought you would have to pay the last 5 payments plus
some type of early termination fee. I appreciate any
extra input you might have. Thanks.
I'm wondering though if they did this because
you're staying in the Infiniti/Nissan family?
While Nissan and Infiniti are on my list of
my next car, the Acura TL and the Lexus ES
and the RX are on my list too. Do you think
they'll still extend me the same courtesy if
I end up getting an Acura or Lexus? I hope
this really works out because it would
certainly alleviate the problem of rolling in
the remaining payments into a new lease and
all that good stuff! That would mean I could
keep all that separate from any negotiations
for the new car. Thanks for the info.
Lease payment of $399 on a base FX35 with $3999 cap cost
reduction, 12K miles a year for 24 months plus $550 bank fee, $599 dealer fee, 3% tax and $125 tag fee.
Can you believe the gall?
Location: South Florida
FX35 Rear Wd, touring, handsfree (bluetooth & keyless entry)
MSRP: $40,560
Price offered: $38,173 ( $1,000 over invoice)
Down payment: $1,700 ( includes first month, taxes, etc.)
Monthly: $515 + Tax= Approx- $545
Money factor quoted: .000540
By the way, got another offer from another dealership with the same terms but $495/month +tax, as opposed to $515 from the other. If the other was $1,000 over invoice, I'm estimating that this one is $760 ($20 difference x 12 months-$1,000.)
FX35 Rear Wd, touring, handsfree (bluetooth & keyless entry)
MSRP: $40,560
Price offered: $38,173 ( $1,000 over invoice)
Down payment: $1,700 ( includes first month, taxes, etc.)
Monthly: $515 + Tax= Approx- $545
Money factor quoted: .000540
Residual of 81% or $32,853.60
Monthly amount= $38,173-$32,853.60=$5,319.40/12=$443.28
Lease fee (38,173 + 32,853) x .00054= $38.35
Total ( pre tax)= $443.28 + $38.35= $481.63
They quoted me $515 pre tax.
Another dealer quoted me around invoice ($37,263.65, rest of numbers the same and he came up with $504 per month. I came up with $408.72.
What gives?
Possibly that is covered in your $1700 upfront, but I'm guessing there is some sort of fee added into the cap cost..
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I'm trying to use edmunds calculator to answer your question, but the security deposit and acquisition fee are throwing me off.
I'd also need to know exactly what your down payment is being used for (is any of it cap cost reduction?).
If I plug in what you've given, and basically negate the security deposit and fees with the down payment, I also come up with about $481.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
Ok... so we have $795+$550+$150=$1495. Great ... so what is the $1688 down being applied to?? Let's go ahead and add in the first month's payment of ~$500. So now we've got $1995 added to the cap cost ... then subtract your down payment. That means only an extra $307 net.
I dunno. Its really confusing.
This time, I plugged the info in Edmunds lease calculator and, with ZERO down, (using the price of $37,263) I've got you at $524 INCLUDING 6% tax ($495 pretax).
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
FX35 touring with handsfree
12months, 12k miles
$471.95/mo. tax already included
$1,620 inception fee, with first month included.
Total out-of-pocket= $6,812.40
Another thing, dealer told me that Infinity has an "informal policy" of extending their leases with the same terms to people that pay on time. Anybody know anything about this? Any opinions on it? Thanks.
I previously said $524 with zero down, so putting down $1620 and getting to $472 seems good.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
The best price I got was $487 a month with $1775 down. The $1775 covers first month, lease inception, dealer fees, new tag registration, and some other state rental fees. The price for the vehicle was $41,250.
My best advice to anyone doing a lease is to create a spreadsheet and do your own math. Everyone of the dealers I spoke with all tried to squeeze me out of another $30 a month, even though they claimed to be using the exact same numbers as me.
Here is my deal:
MSRP: $44,760
Invoice: $40,657 (edmunds numbers)
Price Paid: $41,250
Residual (81%) $36,255
MF: .00054
Inception: $1775
Here is my math:
MSRP: $44,760 (this includes the destination charge)
Price : $41,250
Residual (81%): $36,255.60
MF: .00054
Depreciation: 44,760-36,255.60= 4,994.40 (total)- Per month: $416.20
Rent Charge: (41,250+36,255.60)*.00054= $41.85/per month
Tax: .065*458.05= $29.77/per month
Total after tax= $416.20+$41.85+$29.77= $487.82
The reason there is not much of a price difference is because with the tech package, the higher price increases the residual value, yet the price I am paying over invoice did not increase by the same % . When I first looked for the non tech with touring and handsfree, one dealer told me the bottom line was $600 over invoice. So when I spoke with the other dealers, I asked $600 over invoice but I said I was looking for the one with the tech package.
depreciation should be 41,250-36,255.60=4994,.40
i wanted to know if someone can guide me in the right direction. i am currently speaking to dealer about leasing 2006 Fx35 in NYC. i went to 2 dealers so far and this is what i have gotten. let me know if its good or not.
Fx35 AWD + Touring + Handsfree Bluetooth + Technology Navigation package lease for 12 Months for 15000 miles.
I bargained it for a long while and finaly being stressed out at the end the numbers seemed something like this ..
$1500 down included title tax registration deposit first month etx etx + 515/month ( 11 months im guesing ) + ( stupid move = when i put down fully refundable $500 to hold the car which gets in next week since they didnt have it now, lady told me i would have to pay extra for dmv registration and it wasnt part of 1500 so she said at max another $150. for dmv + some lame $68.00 fee for something it was like too many little things that added up to 68) so now i am stand at $1068.00 left to pay + dmv $150 worse case or less when the car gets in. already gave $500 deposit. and then after that its $515/month for 11 months im guessing.
if i remember the numbers it was something like invoice price 421xx.00 - msrp from 46xxx i brough it down to 429xx.00. residual said someting about 81% or 371xx.00. uhm i forget to ask for money factor which i will first thing in the morning tomorrow. but based on what i have to pay can someone please tell me if this is a good deal ? or a bad deal ? because i did simple calculation that this car is costing me $7365 to keep for 12 months( 1500+150dmv+68 lamecharge = {1700 upfront + 5655 instalment (515*11)}..
edmunds calculator says NY tax is 6.25% so i guess that is something that has to be added in there somewhere ...
other dealership offered something similar but 1700 down + 550/month. so i figured this was a better deal cuz instead of 778x i am paying 7365. ofcourse if another dealership tomorrow offers something better i might move and get my $500 back but in the mean time i can definately use your professional expertise on this matter. so please help me.
thanks.
i'm finalizing my 12 month lease on an 06 FX right now and I'd like to get the option to extend the lease for an additional 6 months. A couple questions:
1. who do i talk to in order to get this option? the dealer is clueless.
2. are the extra six months at the same monthly payment or are the remaining payments calculated based on a revised residual?
Any info is greatly appreciated. Thanks.
2.
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I WENT TO THE MILEENNIUM INFINITI IN MANHASSET NY FOR MY DEAL.
My package for an FX35AWD includes:
1) Touring Package
2) Sports Package
3) Technology Package
4) Hands Free Package
5) Splash Guards (free)
6) Cargo Mat (free)
It's a 12-month lease with optional extension of 6 months. Mileage allowance: 12K
Mileage over yearly allowance: $.20 / mile
My deal:
$515/month for 12 months
$975 down payment (includes the 1st month payment)
Total due at sign delivery = $475
Please ask for Ray Sweet. Tell him Bruce referred you.
I was able to get a better deal at the Manhattan Infiniti dealer ($493/month) with a lady name Patricia. Again, please tell her that Bruce referred you.
Good luck!
Break down:
1) Base monthly fee for fully loaded fx35: $303.16
2) Bank fee: $795
3) Destination: $650
4) Tax: ~$400
5) Doc Fee: $45
6) Tire Recycling Fee: $12.50
Total: (1902.50/12) + 303 = $461.70/month
Note: I think you can try to get it EVEN lower. Bank fee seems a bit high and it is different for each individual dealership.
Thanks in advance !!!
1569 down including inception and first month
515*11 more months.
its bluetooth and keyless etxx loaded with tech package with 15k miles.
its funny though i cant seem to match some numbers. maybe i am off with some calculations. if someone can check for me it would be GREATLY appreciated.
- MSRP = 46260
- negotiated price = 42988
- MF given = 0.530 ( or .000530 as i interpreted it )
- residual 81% = 37470
- tax paid = 517.30 ( 12 month i guess )
- down payment of $1733 ( first month + inception+DMV REGISTRATION )
- now i am confused as to how are they counting NET CAP COST because today manager told me it as 42988 ( after i got home it hit me that was suppose to be cap cost NOT NET CAP COST !! he never deducted down payment of 1500 from the cap cost ) hmmm..
so i did some calculations and i am still going off either by 50 bucks more or 150 short per month based on 515/month...
can someone figure this one out .. please... thanks a BUNCH... i am going tomorrow to pick this up so if someone posts answer i would definately appreciate it...
oh and i found out .. they dont have GAP insurance ! hmm... however he tried to sell me some protection plan for like 495 for the whole 12 month lease. i was very surprized. he said i didnt need it but if i had large down payment it would help in a bad scenario to recover my down payment back. i was under the impression leasing companies provide gap insurance. my insurance does not provide gap insurance ....he told me if something happens to my car my insurance company would pay for it ... verry verrry interesting ....
How does this look? If it looks good to you all I will get it tomorrow. I have never leased before and don't know much about it. Also what happens after the one year is up? Can you extend? Thanks
im guessin at 389x11 months = 4279 + 2500 = $$ 6779 cost to drive the car for one year.. its not a bad deal... try to find out how much from the 2500 are they putting towards cap cost reduction. ask them to break it down to you what 2500 is for exactly... ( dont just go with the " inception fees " as they would tell you. )... also im guessin DMV registration is not included right ? also ask them if they will provide GAP insurance ? my dealer told me at the last day of contract they dont provide GAP insurance and tried to get me to buy $500 loss prevention program .. so get them to give you the numbers.. like the ones from above.
12K miles, 12 Months, $1500 down payment.
Here is 3 dealers prices. They all include NY tax. Option to lease 6 months after the first 12 months.
$480 a month
$440 a month
$425 a month
I'm tired os shopping around, and want to go to one dealer in the NY area that will get the best deal this weekend.
Are these good prices? Anybody here paying less than this with $1500 down. I know the Manhatten Dealership has a promo for $303, 10k miles, but don't know after all fees and tax how much will it cost. Anybody here lease from them lately or gotten estimates?
Thanks
Infiniti FX35AWD
The touring package
Some rubber mats?
12k miles/yr.
12 month lease.
$1324 down which will cover EVERYTHING. I told him I did not want to pay any other “hidden” fees. He said that the $1324 will cover vehicle registration, title, first month’s payment, and acquisition fees? I drive out the dealer with my plates according to him.
$368+tax (Mass 5% = $387) for the next 11 months. Therefore for the entire year I will pay $5372 to use this car.
They also offer me a $2129 down, $299 a month deal. (I don’t have $2129 to put down and I don’t think this is a better deal?)
The only thing he said I might have to pay is a security deposit of $400 if I don’t have a credit rating of 700 or above. Its not a big deal but they only have 2 liquid platinum vehicles left at this price. I really wanted to get it in black.
Does anyone have any thoughts on the matter? It seems this is the best deal here and I didn’t even negotiate that much. Is this too good to be true? I’m thinking of getting this vehicle over the weekend. I can really use the help. Thanx.
Out of pocket ( inclusive of first month payment taxes and fees )= $1550
Monthly payment ( Before taxes ) = $289 for 11 months
Total cost of ownership for 12months/10,000miles
= $1550 + $289x11months = $4729
This quote was over the phone, will be goin by the dealership soon, once I do the paperwork will post a message to let u know if this deal is too good to be true