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Your right though, it's hard to come up a design that meets the needs of every family.....
Looking to pick up a 2008 AWD QX56 later this week. Can you give me the 24 and 36 month IFS money factors and residuals for 12K miles? Also, is the 1,500 rebate that Infiniti is offering right now good towards leases?
Thanks!
I almost just went ahead and did that through the dealer but I saw how much cheaper they were through online places and I believe that the Tech Package forces you to get the DVD package. Nevertheless, I'm sure that we'll be getting headrest DVDs in a few years.....
How do you like the QX so far though?
We turn in our old lease that morning and get the QX that afternoon....
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
If you do lease, you don't want to put much down...not more than a couple grand. At least that was always that I looked at leasing.....
Good luck with your decision.
Your $6000 over 36 months wisely invested will be the difference.
59,215 MSRP, let's say you get it for 54K and put 20K down, you're still in the high 6's on a depreciating asset.
Lease it, pay your 700-750 / month and let your 6K investment return offset the cost.
Thank you
As for the fuel requirement...we owned an '01 Pathfinder before the QX. It too had the same "premium fuel recommended for best performance" stickers. We put premium in it for several years until gas prices got really high. I switched it over to regular w/out telling my wife. She never noticed a change in performance nor did our mileage change. So it was obvious that 87 octane was a-ok for the Pathfinder.
We just got a QX and we'll be putting premium in it for at least the first several years (unless premium prices go waaay up compared to regular) since we tend to hold onto our vehicles for several years. Since you're planning to lease, I'm not sure why you would spend the extra $$$$ in gas for a vehicle that you don't plan on keeping for a long time. Infiniti will not be able to "gig" you for not using premium since they do not require it. It is merely "recommended"....
Waaayyy off. The March deals just got better. I just picked up an 08 QX last Saturday with a $59,210 sticker. 39 months, 10K miles a year, $0 down for $660 plus 5% MA sales tax. After I bought the truck, another dealer told called me and told me he could do $630, but I already signed.
Your 12K might add a point or two to the residual, but shouldn't affect the payment by much.
Remember, no matter what they tell you...they ARE NOT selling these trucks. It is very slow right now, especially with $4 gas coming soon.
I just filled up today---$80.00
Good luck!
By the way, I had another dealer offer me a used '08, similalrly equipped for $48,000.00
What colors? It sounds like you got a 2wd w/out DVD or the Tech package, correct?
That is why I don't bring my wife to the negotiating sessions. First off, she does not want to deal with the shenanigans, but second, she knows that I can start copping my "Jersey attitude" :shades: if I get ticked off at something/somebody. Thankfully, I had a great dealer who moved quickly on their price and got me where I wanted to be. I too left a couple hundred dollars on the table, but it was not worth the effort to get such a tiny amount of $$$ compared to the total purchase price.
Congrats again!
Thanks
I am currently looking to lease a '08 QX56 2WD with DVD and no additional extras. I am in Southern California and have recieved the following bid. The vehicle in question includes the Tow Package, as well as splash guards and cargo net (both of which I'm going to see if can be thrown in for free).
MSRP is $55,625 - invoice is $50,984
There is $1000 conquest cash being used from Infiniti being used as part of the down. I'm also contributing $2000.00 down out of pocket.
Here's what the dealer has proposed:
36 months/12k miles
- $2000 down + $1000 conquest cash
- $654 + tax = $708.76 (residual 55%)
39 months /12k miles
- $2000 down + $1000 conquest cash
- $637 + tax = $690.31 (residual 54%)
Do these residual values look correct? Is there a better price available? Where can I potentially get a better deal or am I kidding myself?
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Sticker---$59,215.
Cap Cost---$54,275. (includes conquest rebate)
39 months
12k per year
Money Factor---.00125
Residual 53%
Upfront Money---$1,500. 1st months payment plus fees
$742. per month
Dealer said this is his absolute best.
$785/MO (inc'd 6% tax) sign and drive (no cash up front and 23 payments remaining).
24 months and 10k miles per year.
Residual is 67% and money factor is .00072.
I did get $1,000 credit for competing vehicle.
Selling price $54,700
Bank Fee $595
Upfront cash added back in to cap cost - $580
The upfront was $1580 less the $1000 Conquest credit.
Up front was 1st payment, Dealer Svc. Fee $695, $100 misc. DMV stuff.
Total Cap Cost $55,875
We pick it up tomorrow.
Truck is fully loaded with MSRP of $59310.00
ONLY $599 p/mo
24 Month Lease!- NO LONG TERM COMMITMENT
ONLY $1595 Down Payment,
$599 1st months payment, $595 bank fee & $0 Security Deposit = $2789 at delivery + tax, tags & MV Fees.
Includes $2000 Infiniti Owner Loyalty Rebate (if qualified).
2008 QX56 2wd w/dvd
MSRP: $56,625
Invoice: $50,801
Selling Price: $50,801
Down Payment: $1000 out of pocket + $1000 Conquest rebate for Total of $2000
Payments: $732 including tax
Money Factor: 1.460
Lease Term: 39 Months/ 15k Miles a year
Residual Value: $28,821
Does this sound reasonable or can I do better?
What So Cal dealer, if I may ask?
MSRP - 59310.00
CapCost manager told me 51713.46
Residual - 64%
Money Factor: .00046
24 month lease 10K per year
Total out of pocket due at signing which includes tax tags title and paying off my last lease payment of 393.00 comes out to 4000.00 out of pocket and my payment per month would be 599.00. They also said they could do 635.00 p/month with 3600.00 total out of pocket. Please note this deal is in NJ tax is 7%
I also get the 2000 owner loyalty which is calculated into the numbers above.
How aggressive is this deal? Should I jump on it or wait till next month?
- Frank
Could someone post the July numbers when they become available:
24 month with 10K, 12K, 15K miles for 4WD QX56 with MSRP 59310.00
Thanks
Did you lease the QX56 yet. I just picked up mine last night ... What a truck !
Black on Black
MSRP 59310.00 -- Loaded
Total out of pocket: 3000.00 (We wanted to keep payment below 625.00)
Montly payment with tax. 623.12
24 months / 15K per year
No other dealer in NJ would come close to this number .....I called them all ....
I haven't leased it yet...now acrtually considering a purchase.
I contacted a bunch of other dealers...almost every one told me that truck couldn't be delivered for the price I noted above.
What was the payment they quoted with no money down?
Best of luck!!!
I never did get a quote for no money down. The way gas prices are now, buying the truck didnt make much sense to us (resale value) and thats why we went with the lease. I actually used a friend of a friend who owns a leasing company and thats how I was able to get the truck for the numbers I listed before. I can give you his number if your interested just send me your email address.
I have been quoted 53,948 less the 5,000 cash rebate netting to 48,948 if I buy and do not use the 0% financing.
1st question = using the edmunds pricing with options feature, the TMV for the 59,310 equipped vehicle indicates 51,319 for the TMV and an invoice price of 54,292. Is the TMV price of 51,319 price before or after the $5,000 marketing support available in July 08? I am thinking it must be before the 5K rebate since the invoice is 54,292. Just want to confirm the "what others are paying" price so I clearly understand what I need to shoot for.
Because I am concerned about the ultimate resale, I still want to lease versus purchase the vehicle despite the 0% financing. I need to pick this up from some NJ dealer this month (3rd kid coming < 30days and can't fit 3 car seats in my Jeep) NJ sales tax is 7%. I do not have a trade-in.
I have been quoted 779/mo for 39 months for 15K miles per year. Just inception money of about 1,800 ( bank fee, 1st month, NJ tax, etc) I learned the residual is 49% and money factor is .00138.
$779 Seems high when I try to calc the lease pmt myself, especially assuming I can use the 5,000 rebate in arriving at cap cost.
This deal does not seem to come close to pfinho's above.
Can someone please offer advice or suggest a dealership in southern central NJ?
Also, can someone confirm the QX56 body style changes in 2010? any pix available?
Thank you,
Jim
I have been looking for a while. Best I have been quoted this month (July) is about the same $779. fpinho's deal shown above sounds excellent. If I could figure out how to email him...I'd get the name of the leasing company he used.
Just FYI---I am in Southern NJ and have spoken to about 5 dealers in NJ and PA.
Please email me the terms that your looking for 24, 36 mth number of miles etc. etc. and send me all of the info to my email address that I just created fpinho70@yahoo.com I will tell you who to get in contact with to get the best deal .....
Please NOTE: When I leased my truck I was still working with the numbers from June as far as residual and MF's go and I also used the owner loyalty of 2000.00 which I dont know if it is still available. I know the residual dropped but the MF now is .00001 for 24 months. I was able to do this because my friend put my application into the Infiniti system on the 6th of July and it is good for 7 days because we wanted to see if the deals would get better or worse and BTW they got worse.
When I called my dealer up north in NJ the best he could do was 665.00 with 2500.00 total out of pocket and this was working with July's numbers already.
Thanks,
Frank
I am in South Jersey also. I have been dealing with Holman Infiniti, Ardmore, Willow Grove, and West Chester. I have not contacted Ray Catena in Edison but I have a friend of a friend who I will give the last shot at the sale....plus there are 17 left on the lot, mostly with the MSRP of 59,310.
fpinho - thanks for the heads up on the MF for 24 months. I will try to send you an email as you suggest with the terms.
Thanks,
Jim
Thanks,
Jim
Car_man
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