2014 Infiniti QX60 Lease Questions

Michaell · August 2014

@rferraro21 said:
Could I please have the current residual and mf for qx60 fwd 12k florida? Thank you

What lease term?

rferraro21 · August 2014

36 months, thanks

Michaell · August 2014

@rferraro21 said:
Could I please have the current residual and mf for qx60 fwd 36 mo 12k florida? Thank you

55% and .00057

vfaust2 · August 2014

Do you have August MF and residual value for 2014 QX60 AWD, 36m/12K for NJ?

kyfdx · August 2014

@vfaust2 said:
Do you have August MF and residual value for 2014 QX60 AWD, 36m/12K for NJ?

.00074 MF and 57% residual

kshankar · August 2014

Do the residuals and money factor change depending on where one lives? QX60 AWD/FWD 39/36 months, 12K a year. Georgia
TIA
KRIS

Michaell · August 2014

@kshankar said:
Do the residuals and money factor change depending on where one lives? QX60 AWD/FWD 39/36 months, 12K a year. Georgia
TIA
KRIS

The Infiniti numbers are nationwide, not regional.

FWD 36/12 - 55% and .00057

AWD 36/12 - 57% and .00074

Subtract 1% for 39 months; same MF.

kshankar · August 2014

Thanks for the information. My local dealer quoted me .00088 for AWD 39 months. So he definitely marked it up then.

glex1 · August 2014

@kyfdx said:
I don't see any other August posts for the Hybrid, so not sure what you are comparing it to?

So do we know a number for the Hybrid version or no?

Michaell · August 2014

@glex1 said:
So do we know a number for the Hybrid version or no?

My co-host did post them ... repeating here:

I show .00076 and 54% for 39mo, 12K/yr.. 52% for 39mo, 15K/yr.

vickies1 · August 2014

Hello, I'm looking to find out what kind of deal this is: 2014 Infiniti QX60 AWD, premium pkg (BASE), 39 month lease, 10K miles per year, $980 cash down (which includes first payment), and payments of $547/month. Residual .57%, MF .00074, Selling Price $43,525, (gross cap cost $44,305). Thanks for any info!

kyfdx · August 2014

@vickies1 said:
Hello, I'm looking to find out what kind of deal this is: 2014 Infiniti QX60 AWD, premium pkg (BASE), 39 month lease, 10K miles per year, $980 cash down (which includes first payment), and payments of $547/month. Residual .57%, MF .00074, Selling Price $43,525, (gross cap cost $44,305). Thanks for any info!

Those are the base rates.. which is good. Can't calculate a lease payment without knowing the MSRP.

Michaell · August 2014

@vickies1 said:
Hello, I'm looking to find out what kind of deal this is: 2014 Infiniti QX60 AWD, premium pkg (BASE), 39 month lease, 10K miles per year, $980 cash down (which includes first payment), and payments of $547/month. Residual .57%, MF .00074, Selling Price $43,525, (gross cap cost $44,305). Thanks for any info!

What is the MSRP?

vickies1 · August 2014

MSRP is $46,500 (close approx)

stim · August 2014

You should be able to get tons more off list. The two dealerships in my area have 55 QX60 at one dealership and over 65 at another. The 2015's are just around the corner and they are getting VERY nervous about having that much stock and want to get rid of as many as they can. I think Infiniti is even going to hold back the 2015's until inventory drops. Been seeing national ads for the QX60 run on television daily so who knows what incentives dealers are now getting to just dump them. The same applies for the bigger SUV they both have more than 30-40 on their lots.

My lease was for an AWD with Touring, Theater, Adv Drivers, Rear Stainless bumper protector and illuminated sills. Total list was nearly 58K. Dealer discounted 5500, took my 12 Lexus RX350 which had 6 payments remaining - buyout was same as offered trade in price (wash). Used multiple security discounts to reduce MF to .0001 and my payment including all taxes and fees was $551.00. ZERO down except for the 3500 refundable sec deposits. If he has more than a few QX60's on the lot you should be able to get at least 4000 off list. In my case I had calculated all my numbers before going to the dealership - negociated only with the sales manager. Know how to calculate a lease BEFORE entering the showroom. Have a spreadsheet with multiple scenarios (levels of discount, etc.) Negociation in my case took less than 1 hour - the only hard thing was having the sales people getting the information re multiple sec deposits. They new about them but NEVER entered them into the their system before. Finance guy said I was the only one EVER to use it at their dealership in the St Louis area. They are nationwide (Asbury Automotive) which is the 3rd largest chain in the US. They said they don't understand why people don't use it more often.

kyfdx · August 2014

@vickies1 said:
Hello, I'm looking to find out what kind of deal this is: 2014 Infiniti QX60 AWD, premium pkg (BASE), 39 month lease, 10K miles per year, $980 cash down (which includes first payment), and payments of $547/month. Residual .57%, MF .00074, Selling Price $43,525, (gross cap cost $44,305). Thanks for any info!
@vickies1 said:
MSRP is $46,500 (close approx)

I get $508/mo.+tax. It's a positive that your upfront payment is minimal, but as @stim mentions, your selling price could be better.

Also, as mentioned, Infiniti has the best MSD program. You could knock $50/mo.pre-tax off your payment by making 7 extra security deposits.. That's a pretty good return on $3850, that you'd get back at lease end. (I used MSDs on our G37 that goes back in October).

michigan1213 · August 2014

Hi,

I'm being quoted the following on a QX-60 AWD -
Premium and Premium Plus Package
39 month 15,000 miles per year with everything rolled

$693.68 per month w/ $786.71 due at signing + DMV

Does this seem like a decent deal? Reading other posts, it seems like I can do better.

Thanks in advance for any help.

Michaell · August 2014

@michigan1213 said:
Hi,

I'm being quoted the following on a QX-60 AWD -
Premium and Premium Plus Package
39 month 15,000 miles per year with everything rolled

$693.68 per month w/ $786.71 due at signing + DMV

Does this seem like a decent deal? Reading other posts, it seems like I can do better.

Thanks in advance for any help.

Not enough information ... what is the selling price and MSRP? With that, we can model a payment to see where things stand.

MF and RV are .00074 and 54%.

michigan1213 · August 2014

Sorry for lack of info. Actually, now I'm looking at QX-60 with Premium/Premium Plus/Drivers Assist. The MSRP is $52,790 with a selling price of $49,977. I'm being quoted $719.20 per month w/ $815.33 due at signing + DMV.

michigan1213 · August 2014

Forgot to mention 39 months at 15K miles/year

kyfdx · August 2014

@michigan1213 said:
Sorry for lack of info. Actually, now I'm looking at QX-60 with Premium/Premium Plus/Drivers Assist. The MSRP is $52,790 with a selling price of $49,977. I'm being quoted $719.20 per month w/ $815.33 due at signing + DMV.

That looks like a lot for a $53K vehicle. In what state do you reside? Seems like your taxes must be high.

glex1 · August 2014

I'm trying to work a deal for a QX60 AWD, however right now I'm finishing the second year of a lease with my 13 Lexus. GS 350 AWD. It's a 3 year lease. The buyout for my current car gives me a number of roughly 41,200. When I go on KBB.com the dealer trade is almost identical to that number. However, I'm being told by dealers that they go by the Manheim Auction value of my car which is about 37k. Therefore I have about 4k of negative equity in my car and they need to put that into the lease price for the QX60 driving it up roughly 100 more per month on a 36 mth lease. Is this the correct info I'm being given? Do I have any other options here?

michigan1213 · August 2014

@kyfdx said:
That looks like a lot for a $53K vehicle. In what state do you reside? Seems like your taxes must be high.

New York

kyfdx · August 2014

@glex1 said:
I'm trying to work a deal for a QX60 AWD, however right now I'm finishing the second year of a lease with my 13 Lexus. GS 350 AWD. It's a 3 year lease. The buyout for my current car gives me a number of roughly 41,200. When I go on KBB.com the dealer trade is almost identical to that number. However, I'm being told by dealers that they go by the Manheim Auction value of my car which is about 37k. Therefore I have about 4k of negative equity in my car and they need to put that into the lease price for the QX60 driving it up roughly 100 more per month on a 36 mth lease. Is this the correct info I'm being given? Do I have any other options here?

I can't tell you what your car is worth... it's only worth what a dealer will pay for it. And, yes.. they use Manheim auction values, mostly.

glex1 · August 2014

@stim said:
You should be able to get tons more off list. The two dealerships in my area have 55 QX60 at one dealership and over 65 at another. The 2015's are just around the corner and they are getting VERY nervous about having that much stock and want to get rid of as many as they can. I think Infiniti is even going to hold back the 2015's until inventory drops. Been seeing national ads for the QX60 run on television daily so who knows what incentives dealers are now getting to just dump them. The same applies for the bigger SUV they both have more than 30-40 on their lots.

My lease was for an AWD with Touring, Theater, Adv Drivers, Rear Stainless bumper protector and illuminated sills. Total list was nearly 58K. Dealer discounted 5500, took my 12 Lexus RX350 which had 6 payments remaining - buyout was same as offered trade in price (wash). Used multiple security discounts to reduce MF to .0001 and my payment including all taxes and fees was $551.00. ZERO down except for the 3500 refundable sec deposits. If he has more than a few QX60's on the lot you should be able to get at least 4000 off list. In my case I had calculated all my numbers before going to the dealership - negociated only with the sales manager. Know how to calculate a lease BEFORE entering the showroom. Have a spreadsheet with multiple scenarios (levels of discount, etc.) Negociation in my case took less than 1 hour - the only hard thing was having the sales people getting the information re multiple sec deposits. They new about them but NEVER entered them into the their system before. Finance guy said I was the only one EVER to use it at their dealership in the St Louis area. They are nationwide (Asbury Automotive) which is the 3rd largest chain in the US. They said they don't understand why people don't use it more often.

So please explain how the Security Deposit's effect the rate? Can I give any security deposit I want, say 1000 down, then how much is that buying down the rate or do you know how to calculate it? I'm also assuming you get the Sec Dep back at the end of the lease provided there is not excessive damage to the car. Thanks in advance for the info.

Michaell · August 2014

@glex1 said:
So please explain how the Security Deposit's effect the rate? Can I give any security deposit I want, say 1000 down, then how much is that buying down the rate or do you know how to calculate it? I'm also assuming you get the Sec Dep back at the end of the lease provided there is not excessive damage to the car. Thanks in advance for the info.

Each security deposit is in the amount of the monthly payment, rounded up to the next $50.

Yes, you get the deposit back at the end of the lease.

glex1 · August 2014

null
I'm still a little confused sorry. Could you give me an example?

glex1 · August 2014

null
I understand what your saying Michaell but how does it correspond to the MF or what does it effect?

Michaell · August 2014

@glex1 said:
null
I understand what your saying Michaell but how does it correspond to the MF or what does it effect?

Each security deposit reduces the MF by .00005, I believe.

kyfdx · August 2014

With Infiniti, each security deposit reduces the money factor by .0001, with a maximum of 9 deposits allowed.

For example, I leased a G37 and the base MF was.00091. After 9 deposits, the MF was reduced to. 00001 (virtually nothing). $4050 deposit saved me about $50/mo.

pukimon311 · August 2014

Is this a good deal? 2014 QX60 AWD, 39mos/10K, MSRP $51840, Purchase Price $47586 (received VPP discount too), RV 57%, MF 0.00074, acquisition $700, sales tax about 3%, $1500 down. Payment about $549/month.

Michaell · August 2014

@pukimon311 said:
Is this a good deal? 2014 QX60 AWD, 39mos/10K, MSRP $51840, Purchase Price $47586 (received VPP discount too), RV 57%, MF 0.00074, acquisition $700, sales tax about 3%, $1500 down. Payment about $549/month.

Does the purchase price include the down payment?

Using your numbers as provided, I get a pre-tax payment of $524.68, so the quote seems in the ballpark.

pukimon311 · August 2014

Total purchase price = MSRP minus $4254 ($3254 VPP discount and $1000 discount from dealer). I think I could better.

Michaell · August 2014

@pukimon311 said:
Total purchase price = MSRP minus $4254 ($3254 VPP discount and $1000 discount from dealer). I think I could better.

Use the shopping tools at the top of the page to help determine your target price.

I was under the impression that VPP was a fixed price (x% below invoice plus some admin charge).

car_salami · September 2014

I was able to negotiate the following sale:

2014 qx60 AWD with premium plus package (MSRP 49445). I've been quoted a sale price of $46000 even plus tax/tags in NJ.

Going to do 4k (trade-in) down and lease either 12k / 36 mo or 12k / 39 mo

I'm going in this week to see the final paperwork. Just wondering what price I should be expecting for a monthly payment?

Is this a good sale price or can I do better? I think invoice is 45.5 k maybe

Thanks!

hypnotics · September 2014

Could you please post september numbers (when become avsilable) for 2014 qx60 awd 39m 15k? Thank you in advance

kyfdx · September 2014

@hypnotics said:
Could you please post september numbers (when become avsilable) for 2014 qx60 awd 39m 15k? Thank you in advance

.00041 MF and 52% residual

car_salami · September 2014

What's RV for sept on 2014 AWD 39mo 12k?

kyfdx · September 2014

@car_salami said:
What's RV for sept on 2014 AWD 39mo 12k?

.00041 MF and 54% residual

atos2012 · September 2014

@kyfdx Hi there, what is the numbers for 2014 QX60 FWD 36 month/12k? Thanks

atos2012 · September 2014

and 39 month?

kyfdx · September 2014

@atos2012 said:
kyfdx Hi there, what is the numbers for 2014 QX60 FWD 36 month/12k? Thanks

@atos2012 said:
and 39 month?

.00040 MF and 54%/53% residual.

atos2012 · September 2014

@kyfdx do you think they will allow us to put 4 MSDs to bring MF to .00001 or something? How does it work in this case? thanks in advance.

kyfdx · September 2014

@atos2012 said:
kyfdx do you think they will allow us to put 4 MSDs to bring MF to .00001 or something? How does it work in this case? thanks in advance.

I'm not sure exactly... either 4 to take it to .00001, or just 3 to take it to .00010.

When I leased our G37, the base MF was .00091 and I used 9 deposits to take it to .00001 (which worked out exactly....not sure what will happen with an odd number)

leworld · September 2014

Hi, what are the numbers for 2014 QX60 AWD 24 months, 36 month and 39 months @ 10k for CA?

Thanks

Michaell · September 2014

@leworld said:
Hi, what are the numbers for 2014 QX60 AWD 24 months, 36 month and 39 months @ 10k for CA?

Thanks

24/10 - 63% and .00041

36/10 - 56% and .00041

39/10 - 55% and .00041

leworld · September 2014

Any views on this deal -

2014 QX60 AWD with Premium, Premium Plus, Drivers & Theatre
for 39m/10k
with MSRP of $53,295.
Negotiated price of $48,479 (incl. VPP).
Multiple Security Deposits to bring MF to .0001.
Zero down otherwise.
Monthly payment of $554 (incl. Northern CA tax).

kyfdx · September 2014

leworld said:
Any views on this deal -

2014 QX60 AWD with Premium, Premium Plus, Drivers & Theatre
for 39m/10k
with MSRP of $53,295.
Negotiated price of $48,479 (incl. VPP).
Multiple Security Deposits to bring MF to .0001.
Zero down otherwise.
Monthly payment of $554 (incl. Northern CA tax).

Looks good.. Is the MF .0001 or .00001 (not that it matters much at this level, but I would think it would be 4 zeroes)

SarahLaMantia · September 2014

Having trouble finding Qx50 lease numbers --
Could you provide with AWD - 36 months/10K miles, please.

Michaell · September 2014

SarahLaMantia said:
Having trouble finding Qx50 lease numbers --
Could you provide with AWD - 36 months/10K miles, please.

2014?

Base is 60% and .00081. Subtract 3% for Journey.

2014 Infiniti QX60 Lease Questions

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