Infiniti QX56 Lease Questions

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  • fpinhofpinho Member Posts: 58
    Hi Could someone tell me what the residual and money factors are for a QX56 AWD for 36 and 39 months with 10K miles are and also if there is any loyalty and/or other cash available for June?
  • marc68marc68 Member Posts: 67
    I know the 2011 QX56 programs aren't out yet, but does anyone have an idea of what they think the residual and money factor will be on a totally redone 2011 QX for 39 months, 12k per year?
  • CarMan@Edmunds[email protected] Member Posts: 38,514
    Hi fpinho. Infiniti Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a 2010 QX56 AWD with 10,000 miles per year are .00182 and 50%, respectively.

    The numbers for an otherwise identical 39 month lease are .00156 and 47%.

    Infiniti is currently providing a $1,000 cash incentive on this truck that is compatible with its special lease program.

    In addition to this grand, there is another $1,000 owner loyalty cash on leases of this model.

    Car_man
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  • CarMan@Edmunds[email protected] Member Posts: 38,514
    Hi marc68. Infiniti actually does have a lease program out there for the 2011 QX56. This truck's program initially wasn't very attractive...but I heard that it enhanced it a day or two ago. I'll see if I can find out the details of the new, improved program for you. Please check back with me in a day or two with a reminder. At this point, you may want to wait for the release of the new July program anyhow.

    Car_man
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  • marc68marc68 Member Posts: 67
    Thanks for your reply. Please let me know the details when you get them.
  • johnhwjohnhw Member Posts: 111
    Just test drove it and got a quote for lease. Awesome drive nos 1 and very luxurious. I have a 2008 QX and no comparision between the new one and mine. I expect to get a black/black 4wd with entertainment system and bench rear seat when it arrives, due in soon. The residual is 54% I believe and money factor is good too, similar to the 2.9% purchase interest rate available from IFS. A 39 month lease on a 4wd with entertainment and 12k miles per year is $865/mos with about $3499 down plus TTL. Its shown on the Infiniti web site currently FYI.

    Cant emphasize enough what a great upgrade this thing is. Handles and feels like a big car to drive and the acceleration is similar to to a fast car too at 6.2 sec 0-60. Had an 2006 M45 sport and this reminds me of it somewhat, Great job Infiniti, this thing rocks
  • monkeyshiftmonkeyshift Member Posts: 87
    Has the lease on the 2010 QX56 AWD changed in July? What is the residual and money factor? Thanks carman!
  • monkeyshiftmonkeyshift Member Posts: 87
    Hi carman- what is the residual and money factor on the 2011 qx56 for July? 36 and 39 months, 10k miles? Thanks!
  • stingers96stingers96 Member Posts: 5
    just got prices from my dealer today
    12k/year
    money factor .00220 (5.2%) for both 36 and 39 months
    resid 57% for 36 mths
    resid 56% for 39 mths
    they have a $600 dealer acq fee, 205 lease fee & $5 tire fee

    i ordered the car black obsidian/graphite leather w/mocha burl trim with the theater package and deluxe touring package. the car came in with the technology package also.

    msrp around $73k (my notes are at work) lease price was about $1155 for 39 and $1210 for 36. without the technology package should bearound $1165 for 36 and $1110 for 39.

    residual sounds like a real good number, but the money factor seems a little high.
  • monkeyshiftmonkeyshift Member Posts: 87
    Thanks for the info- I agree money factor is quite high. Strange that Infiniti puts a 2.9% finance rate and a 5.5% lease rate- at 2.9 with 5k down, it's only a few hundred over a grand to purchase. Hoping that factor comes down some next month, sure the residual will stay the same.

    Good luck with the car, let me know how you like it when delivered!
  • CarMan@Edmunds[email protected] Member Posts: 38,514
    Here's the latest information for you, marc68.

    Infiniti Financial Services' new July buy rate lease money factor and residual value for a 39 month lease of a 2011 QX56 AWD with 12,000 miles per year are .00220 and 56%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • CarMan@Edmunds[email protected] Member Posts: 38,514
    Hey monkeyshift. Please see my previous post for the information that you're looking for. Let me know if you want the numbers for a different term.

    Car_man
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  • monkeyshiftmonkeyshift Member Posts: 87
    Thanks Car_man- those will work. Also, do you know if there is lease loyalty cash towards the 2011 QX?
  • CarMan@Edmunds[email protected] Member Posts: 38,514
    You're welcome, monkeyshift. Unfortunately, Infiniti is not currently providing any loyalty cash on the 2011 QX56.

    Car_man
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  • marc68marc68 Member Posts: 67
    What is the money factor on a pre-paid lease for 39 months on a 2011 QX56?
  • CarMan@Edmunds[email protected] Member Posts: 38,514
    Hi marc68. I know that Infiniti Financial Services' current buy rate lease money factor for a 39 month lease of a 2011 QX56 AWD is .00220. I'm not sure how much pre-payment reduces this factor by though. I'll look into it and see what I can find out.

    Car_man
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  • ahart814ahart814 Member Posts: 3
    I am looking at leasing a new 2011 QX56 AWD.........I have my prices all set......The question I have which maybe a dealer or 2 could give their opinion is whether they think there might be better incentives beginning Oct 1, 2010 or if I should just sign a deal tomorrow.

    If someone could let me know their thoughts on this, I'd really appreciate it.
  • anthonyl88anthonyl88 Member Posts: 15
    edited October 2010
    I was quoted last week on the 2011 QX56 for $984 a month on a 39 months lease (10K a year). Residual was just over $40K.

    The car included Deluxe touring, technology and Theater package.
  • anthonyl88anthonyl88 Member Posts: 15
    The residual is 56%
  • ltcobrienltcobrien Member Posts: 1
    I'm trying to decide if I should wait a few months for lease prices to improve, or if the following is good deal:

    20K miles/year, theatre/deluxe touring/technology
    $5500 down (first month, taxes, fees), $1045/month for remaining 38 months
  • jamrock66jamrock66 Member Posts: 3
    i have been offered the following lease for the 2011 with Theater pkg for which I would like some feedback. Is the following a good deal?

    MSRP = 62,395

    Residual = 56%
    Money Factor = 00270

    2500 - due at signing
    870/month; 12k/year; 39/month

    Exterior Color
    Black Obsidian
    Interior Color and Trim
    Wheat Leather/Tuscan Burl Trim

    Accessories**
    Carpeted Cargo Mat, Cargo Net and First-aid Kit
    Aluminum Kick Plates
    Roof Rail Crossbars
  • bluestreakingbluestreaking Member Posts: 11
    So what's your final price? Are you actually paying the MSRP?
  • jamrock66jamrock66 Member Posts: 3
    I think I messed that up. the MSRP was 63,396. the final price is 62,395.
  • charliemcharliem Member Posts: 12
    I am interested in residual and money factor for 2011 qx56 and m56. i have tier 1 credit. 12000 miles and 36 months.

    Thank you
  • CarMan@Edmunds[email protected] Member Posts: 38,514
    Here's the information that you're looking for, charliem. Infiniti Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2011 QX56 with 12,000 miles per year are .00220 and 57%, respectively.

    The numbers for an otherwise identical lease of a 2011 M56 RWD are .00103 and 55%.

    Car_man
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  • artd1artd1 Member Posts: 9
    Can I get your opinion on this deal?

    2011 QX 56- MSRP $65,255 reduced price $60,255 cap cost $60, 580
    MF .00220, residual 54% or $35,237.70
    $2518 due at signing
    payment $929 including tax
    39mo/15k

    thank you,
  • CarMan@Edmunds[email protected] Member Posts: 38,514
    Hi artd1. Both the selling price and money factor that you were quoted for this truck look good. If you really want to get a QX56, I personally don't see any reason not to pull the trigger on this deal.

    Car_man
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  • csw88csw88 Member Posts: 1
    just dropped off my '08 qx 29 months into my 39 month lease.

    upgraded to an '11 black qx with theater and deluxe touring (4WD) -- $923 for 39 months /12k per year. $39 a month more for a car that costs 10 grand more than the '08!
  • drseifdrseif Member Posts: 8
    What are the money factor and residual for April for a QX56? I am in Cincinnati, OH.
    Quoted a selling price of $58.8 on an MSRP of $61.9. First payment due at signing. 39 mo. /10k miles per year. Lease payment is $809. Is this a good lease deal? Trying to back into the numbers they are quoting and need money factor and residual.
  • goalpostgoalpost Member Posts: 8
    edited April 2011
    Carman,

    Looking for the QX56 RWD money factor and residual for 36mo/12k in northern CA.

    Thanks!
  • CarMan@Edmunds[email protected] Member Posts: 38,514
    Here's the information that you're looking for, drseif.

    Infiniti Financial Services' April buy rate lease money factor and residual value for a 39 month lease of a 2011 QX56 with 10,000 miles per year are .00220 and 58%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • CarMan@Edmunds[email protected] Member Posts: 38,514
    Hey goalpost. IFS' current buy rate lease money factor and residual value for a 36 month lease of a 2011 QX56 RWD with 12,000 miles per year are .00220 and 57%.

    Car_man
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  • titlemantitleman Member Posts: 3
    Hi CarMan - I am negotiating a lease on a QX56 in NJ and would appreciate your help to see if this is a good deal. 39 month lease 12K a month from Salerno Duane Infiniti in Denville.

    2011 4 WD QX56 w/theater package
    MSRP: 64,545
    Negotiated Price: 62,245
    Residual: 35,499.75
    Money Factor is .001800
    Inception fee (down payment) 1st month, bank fee, DOC fee, Tire Waste Fee, Title, etc.: $1900
    Lease price quoted is $960 a month

    The lease is a little higher than I hoped, just wondering if you had any ideas or this deal looks solid. Thanks so much. DJ from NJ
  • ahashmiahashmi Member Posts: 138
    You should be able to drop $70-80/month to be honest from my calculations. And I think the RV is 56%, they quoted you 55%. If its 55%, then just try to bring it down that amount, if its 56%, it should come down much more.

    Truecar.com price for a car with MSRP of $65240 is $61636....which is still a pretty significant markup above Invoice.
  • titlemantitleman Member Posts: 3
    Thanks Ahashmi. I appreciate it. I thougth it seemed high. I am going to try to work them down or call a few other dealers. Much obliged.
  • athomasonathomason Member Posts: 2
    Where was this dealership?
  • athomasonathomason Member Posts: 2
    I have $5,000 in negative equity for a trade in on an 04 lexus GX 470. I have been quoted for $3,000 for first payment etc, $1,230/mon (with tax) for a QX56 (Deluxe, Tech and Entertainment packages) 12K per year for 48 months.

    In the alternative, $3,000 down then $1,150 (with tax) for QX 56 with Entertainment only, 12k per year for 48 months.

    Is rolling this negative equity into a lease a bad deal?
  • ahashmiahashmi Member Posts: 138
    Yea you're significantly paying a lot more, specially since they charge interest on that as well.
  • albertobalbertob Member Posts: 17
    Carman,

    Can you update August Residual and money factor for 36 mo. 12k miles on whichever model they are promoting.

    Thanks
  • CarMan@Edmunds[email protected] Member Posts: 38,514
    I'd be happy to albertob. Infiniti Financial Services' August buy rate lease money factor and residual value for a 36 month lease of a 2011 QX56 AWD with 12,000 miles per year are .00171 and 54%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • ahashmiahashmi Member Posts: 138
    Hi Car_man,

    Would you happen to know MF and RV for a 2011 QX56 4WD but for 39 months with 12,000 mi/yr or 10,000 mi/yr?

    Thanks,
    This is been a lot of help
  • CarMan@Edmunds[email protected] Member Posts: 38,514
    I'm glad that you've found this discussion so helpful, ahashmi. Infiniti Financial Services' August buy rate lease money factor and residual value for a 39-month lease of a 2011 QX56 4WD with 12,000 miles per year are .00171 and 54%, respectively for consumers who qualify for its top credit tier.

    The residual value for a lease with only 10,000 miles per year would be 1% higher.

    Car_man
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  • ahashmiahashmi Member Posts: 138
    Hi Car_man,

    In a previous post you said for 36 mo the RV was 54%, is it the same for 39 months?

    Also, can you provide for September as well? (sorry about the bother)
  • sewellgsmsewellgsm Member Posts: 775
    Sept 4wd

    36 - 12k = 55%
    39 - 12k = 54%

    Add 1% if you go to 10k per year!
  • aotdaotd Member Posts: 7
    I am looking for lease info on the 2011 Q56 4WD 15,000 miles 39 months. The real question is will the 2012 models offer better residuals ( but less dealer discounts) to warrant waiting? Thanks for the info.
  • CarMan@Edmunds[email protected] Member Posts: 38,514
    You're right in theory, aotd. The residual values for a 2012 model should be better than the residual for a 2011 model. The problem is that the residuals for the QX56 aren't much better.

    IFS' September buy rate lease money factor and residual value for a 39 month lease of a 2011 QX56 4WD with 15,000 miles per year are .00170 and 52%.

    The numbers for an otherwise identical lease of a 2012 model are .00220 and 53%.

    Car_man
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  • tlecotleco Member Posts: 34
    So far - with Mercedes and Infinity - All of them quoted with higher MF. They said that they Gave big discounts for the cars and they need to make money on the finance.
    Have you heard of this before.
    Please confirm
    I want to have a good deal but yet dont want to be uninform
  • CarMan@Edmunds[email protected] Member Posts: 38,514
    Hi tleco. Of course it is theoretically possible for a dealer that is marking up your money factor to give you the best overall deal, i.e. the lowest monthly payment, but I personally prefer that the dealer uses the buy rate. That makes the whole deal more transparent. I suspect that you will be able to find a dealer that will use the buy rate if you shop around and negotiate some.

    Car_man
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  • mdkrpmdkrp Member Posts: 24
    Hello Carman,
    can you give me MF and Residuals for the 2WD QX56 for both 2011 and 2012 for Sept and Oct (if known).
    Lease for 39 mos at 12k miles/yr.

    Many thanks for your help
    MKDRP
  • mdkrpmdkrp Member Posts: 24
    Car_Man or anyone who is good with lease figures- please help:
    can you run these lease figures? I have and can't seem to come up with what the dealer is coming up with for a 2012 QX56 RWD:
    MSRP 63560
    negotiated price 59587
    MF 0.00152
    55% residual
    36 month/12K mi/yr
    document fee 449
    Acquisition fee 700
    registration 1050
    dealer add ons 260
    tax rate of 9.1%

    He comes up with Monthly payment of 907.56 inclusive of tax
    but I keep coming up with around 981.78
    I know I should be happy with lower amount but I do want to be sure there are no "surprises" at closing time.

    Any thoughts/suggestions?
    thanks
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