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2016 Infiniti QX60 Lease Questions

mnfixermnfixer Member Posts: 5
edited March 2016 in INFINITI
Hi. Would you provide January's MF and residual for a 39/15 term? It would be a Premium Package only, if that matters. Thanks!
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Comments

  • MichaellMichaell Moderator Posts: 240,057
    mnfixer said:

    Hi. Would you provide January's MF and residual for a 39/15 term? It would be a Premium Package only, if that matters. Thanks!

    We don't yet have any lease numbers on the 2016 QX60...

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  • mnfixermnfixer Member Posts: 5
    edited January 2016
    Oops, looking for a friend...turns out he meant a 2015. I will look in that thread.
  • chaspavchaspav Member Posts: 16
    Hi,

    Just started the process of looking for an SUV lease and was hoping you could give me a ballpark on what a lease for a 2016 Infiniti QX60 AWD with Premium, Premium Plus and Deluxe Touring. It would cost as built - MSRP of $52,795. Not sure what type of discount to take for the actual selling price. I would really appreciate the info on a 36 month lease with 15K miles per year in NJ. No money down and the taxes in the payments.

    Thanks in advance for your help.
  • MichaellMichaell Moderator Posts: 240,057
    chaspav said:

    Hi,

    Just started the process of looking for an SUV lease and was hoping you could give me a ballpark on what a lease for a 2016 Infiniti QX60 AWD with Premium, Premium Plus and Deluxe Touring. It would cost as built - MSRP of $52,795. Not sure what type of discount to take for the actual selling price. I would really appreciate the info on a 36 month lease with 15K miles per year in NJ. No money down and the taxes in the payments.

    Thanks in advance for your help.

    There are no lease numbers yet available for the 2016 QX60. Perhaps in February ....

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  • tankerdrivertankerdriver Member Posts: 13
    edited March 2016
    Any lease numbers available yet? 15k/39mo QX60 AWD with Premium, Premium Plus and Deluxe Touring. Also looking at how much buying more miles would be need 20-22k /year. Thanks!
  • MichaellMichaell Moderator Posts: 240,057

    Any lease numbers available yet? 15k/39mo QX60 AWD with Premium, Premium Plus and Deluxe Touring. Also looking at how much buying more miles would be need 20-22k /year. Thanks!

    39/15 numbers for 2016 QX60 AWD - .00125 and 55%.

    Extra miles are purchased up front, at .15-.25 per mile. This cost is deducted from the calculated residual.

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  • mwigglemwiggle Member Posts: 2
    Is the 2016 available? I'm in Florida and showing no inventory at my dealership!
  • MichaellMichaell Moderator Posts: 240,057
    mwiggle said:

    Is the 2016 available? I'm in Florida and showing no inventory at my dealership!

    I have lease numbers for the 2016, so I have to assume there is some inventory somewhere...

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  • tankerdrivertankerdriver Member Posts: 13
    Thanks! Is 15k miles the highest bracket for Residual, also, who determines if it is .15 or .25...is this negotiable?
    Michaell said:

    Any lease numbers available yet? 15k/39mo QX60 AWD with Premium, Premium Plus and Deluxe Touring. Also looking at how much buying more miles would be need 20-22k /year. Thanks!

    39/15 numbers for 2016 QX60 AWD - .00125 and 55%.

    Extra miles are purchased up front, at .15-.25 per mile. This cost is deducted from the calculated residual.
  • MichaellMichaell Moderator Posts: 240,057

    Thanks! Is 15k miles the highest bracket for Residual, also, who determines if it is .15 or .25...is this negotiable?


    Michaell said:

    Any lease numbers available yet? 15k/39mo QX60 AWD with Premium, Premium Plus and Deluxe Touring. Also looking at how much buying more miles would be need 20-22k /year. Thanks!

    39/15 numbers for 2016 QX60 AWD - .00125 and 55%.

    Extra miles are purchased up front, at .15-.25 per mile. This cost is deducted from the calculated residual.
    For Infiniti, the residual values are set assuming a maximum of 15K.

    We don't know the actual rate charged up front for extra miles, so we provide a range. Not negotiable.

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  • pilotdude09pilotdude09 Member Posts: 22
    Do you have the numbers for a 2016 QX60 AWD with premium plus, premium, and driver assistance package. 39/15
  • MichaellMichaell Moderator Posts: 240,057

    Do you have the numbers for a 2016 QX60 AWD with premium plus, premium, and driver assistance package. 39/15

    .00125 and 55%

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  • pilotdude09pilotdude09 Member Posts: 22
    Thanks!
  • samy364samy364 Member Posts: 12
    Are the April numbers available for 2016 QX60 AWD 39/10
  • kyfdxkyfdx Moderator Posts: 235,175
    samy364 said:

    Are the April numbers available for 2016 QX60 AWD 39/10

    .00190 MF and 62% residual

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  • duramadmaxduramadmax Member Posts: 15
    looking at a 2016 lease. terms are 39/15, 0 down at signing. Car has deluxe technology, theater, splash guards, hermosa blue, cargo package. What would be MF and residual on this vehicle. Dealership wants 809/mnth. i see room for improvement.
  • samy364samy364 Member Posts: 12
    kyfdx said:

    samy364 said:

    Are the April numbers available for 2016 QX60 AWD 39/10

    .00190 MF and 62% residual
    Awesome, thank you!!
  • MichaellMichaell Moderator Posts: 240,057

    looking at a 2016 lease. terms are 39/15, 0 down at signing. Car has deluxe technology, theater, splash guards, hermosa blue, cargo package. What would be MF and residual on this vehicle. Dealership wants 809/mnth. i see room for improvement.

    FWD or AWD?

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  • duramadmaxduramadmax Member Posts: 15
    Michaell said:
    looking at a 2016 lease. terms are 39/15, 0 down at signing. Car has deluxe technology, theater, splash guards, hermosa blue, cargo package. What would be MF and residual on this vehicle. Dealership wants 809/mnth. i see room for improvement.
    FWD or AWD?
    Fwd
  • MichaellMichaell Moderator Posts: 240,057


    Michaell said:

    looking at a 2016 lease. terms are 39/15, 0 down at signing. Car has deluxe technology, theater, splash guards, hermosa blue, cargo package. What would be MF and residual on this vehicle. Dealership wants 809/mnth. i see room for improvement.

    FWD or AWD?

    Fwd

    .00189 and 57%

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  • duramadmaxduramadmax Member Posts: 15
    Michaell said:
    Michaell said:
    looking at a 2016 lease. terms are 39/15, 0 down at signing. Car has deluxe technology, theater, splash guards, hermosa blue, cargo package. What would be MF and residual on this vehicle. Dealership wants 809/mnth. i see room for improvement.
    FWD or AWD?
    Fwd
    .00189 and 57%
    Are we to assume those are good numbers and lease payment? Thanks
  • MichaellMichaell Moderator Posts: 240,057


    Michaell said:


    Michaell said:

    looking at a 2016 lease. terms are 39/15, 0 down at signing. Car has deluxe technology, theater, splash guards, hermosa blue, cargo package. What would be MF and residual on this vehicle. Dealership wants 809/mnth. i see room for improvement.

    FWD or AWD?

    Fwd
    .00189 and 57%

    Are we to assume those are good numbers and lease payment? Thanks

    Can't help you with the payment unless I know the MSRP and adjusted cap cost.

    Dealer can mark up the MF for extra profit.

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  • duramadmaxduramadmax Member Posts: 15
    edited April 2016
    ok I will get those #'s tomorrow. Since the car is fully loaded, I believe the MSRP is $59290 but I will verify. Thanks..
  • duramadmaxduramadmax Member Posts: 15
    ok here are the numbers. msrp $57,045, Adj Cap Cost - 54,416, residual $32,515.65

    Thanks
  • MichaellMichaell Moderator Posts: 240,057

    ok here are the numbers. msrp $57,045, Adj Cap Cost - 54,416, residual $32,515.65

    Thanks

    That gives me a payment of $773/mo before tax, so I suppose $809/mo is in the ballpark, depending on the state and tax rate.

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  • duramadmaxduramadmax Member Posts: 15
    edited April 2016
    tax is 5% and $809 is after tax for 39/15, $245 doc fee and $10 license fee.
  • MichaellMichaell Moderator Posts: 240,057
    tax is 5% and $809 is after tax for 39/15, $245 doc fee and $10 license fee.
    Yep

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  • j_smith1j_smith1 Member Posts: 60
    Hello do you have numbers in NY on 2016 QX60 AWD with Deluxe Technology Package, Premium Plus Package, Theater Package, Premium Package MSRP is $59,345. Looking for 39mo 10k 12k and 15k. Thanks!
  • MichaellMichaell Moderator Posts: 240,057
    j_smith1 said:

    Hello do you have numbers in NY on 2016 QX60 AWD with Deluxe Technology Package, Premium Plus Package, Theater Package, Premium Package MSRP is $59,345. Looking for 39mo 10k 12k and 15k. Thanks!

    39/15 - .00190 and 59%

    Add 2% for 12K and 3% for 10K

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  • duramadmaxduramadmax Member Posts: 15
    edited April 2016
    So on the lease negotiations. ....Is MF negotiable or not? I assume residual is set by lender and fixed. Sales price is negotiable.....Are any rebates and vpp numbers taken off of msrp or from invoice/negotiated sales price? Thanks
  • kyfdxkyfdx Moderator Posts: 235,175

    So on the lease negotiations. ....Is MF negotiable or not? I assume residual is set by lender and fixed. Sales price is negotiable.....Are any rebates and vpp numbers taken off of msrp or from invoice/negotiated sales price? Thanks

    The base MF is the lowest you can go, unless you use the MSD program. The money factor we give is for top tier credit.

    Residual is fixed.

    If using VPP, you won't have a negotiated price. That price is fixed. Always assume that any quote already includes all rebates/incentives, unless they tell you otherwise.

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  • duramadmaxduramadmax Member Posts: 15
    So is  the "base" MF based on your credit score or set by lender? .00189 is what dealer offered. I don't know it that is a good rate or not (ie 4.5%)
  • MichaellMichaell Moderator Posts: 240,057

    So is  the "base" MF based on your credit score or set by lender? .00189 is what dealer offered. I don't know it that is a good rate or not (ie 4.5%)

    The base MF is set by the bank; it can be higher based on your credit score. We assume top tier credit.

    Given that this is for the 2016 model, the MF is in line - there is still a lot of inventory of the 2015 QX60's on the lot that the dealers are trying to move, so the numbers on those are better.

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  • duramadmaxduramadmax Member Posts: 15
    ok well that pretty much answers it...Again thanks for your time. Appreciate it...
  • duramadmaxduramadmax Member Posts: 15
    kyfdx said:

    So on the lease negotiations. ....Is MF negotiable or not? I assume residual is set by lender and fixed. Sales price is negotiable.....Are any rebates and vpp numbers taken off of msrp or from invoice/negotiated sales price? Thanks

    The base MF is the lowest you can go, unless you use the MSD program. The money factor we give is for top tier credit.

    Residual is fixed.

    If using VPP, you won't have a negotiated price. That price is fixed. Always assume that any quote already includes all rebates/incentives, unless they tell you otherwise.
    What is your feelings about MSD? good/bad?
  • MichaellMichaell Moderator Posts: 240,057

    kyfdx said:

    So on the lease negotiations. ....Is MF negotiable or not? I assume residual is set by lender and fixed. Sales price is negotiable.....Are any rebates and vpp numbers taken off of msrp or from invoice/negotiated sales price? Thanks

    The base MF is the lowest you can go, unless you use the MSD program. The money factor we give is for top tier credit.

    Residual is fixed.

    If using VPP, you won't have a negotiated price. That price is fixed. Always assume that any quote already includes all rebates/incentives, unless they tell you otherwise.
    What is your feelings about MSD? good/bad?
    If you can use it, it provides a pretty good return on your money.

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  • 135i135i Member Posts: 25
    heres my deal, hopefully it helps:

    '16 QX60 approx. MSRP $52,700 (prem, prem+ & driver asst)
    $1700 at signing
    10k miles/yr
    39 months
    $499/month (includes NJ taxes)

    I passed on the deal and ended up paying a little for for a '17 Audi Q7
  • pmw801pmw801 Member Posts: 123
    Need MF and residual on 2016 QX60 12k/yr please
  • MichaellMichaell Moderator Posts: 240,057
    pmw801 said:

    Need MF and residual on 2016 QX60 12k/yr please

    FWD or AWD?

    Lease term?

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  • pmw801pmw801 Member Posts: 123
    AWD. 39 month 12k/yr
  • pmw801pmw801 Member Posts: 123
    Dealership gave quote: msrp was $59,290. Sale price was $52,800. $2,500 down. Residual value $36,026. MF 0.00161. Monthly payment $598. Truck has deluxe technology plus entertainment packages. Good deal?
  • MichaellMichaell Moderator Posts: 240,057
    pmw801 said:

    Need MF and residual on 2016 QX60 12k/yr please

    pmw801 said:

    AWD. 39 month 12k/yr

    61% and .00190

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  • MichaellMichaell Moderator Posts: 240,057
    pmw801 said:

    Dealership gave quote: msrp was $59,290. Sale price was $52,800. $2,500 down. Residual value $36,026. MF 0.00161. Monthly payment $598. Truck has deluxe technology plus entertainment packages. Good deal?

    Our information shows the MF as .00190 for the 2016 QX60 AWD.

    You sure this isn't for a 2015? 39/12 for 2015 AWD is .00122 and 60%. At least the MF makes sense; marked up, but possible.

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  • pmw801pmw801 Member Posts: 123
    It's for 2016. What's should money factor be?
  • pmw801pmw801 Member Posts: 123
    Is the lease payment good based on the numbers they quoted me?
  • pmw801pmw801 Member Posts: 123
    Is the 61% from msrp or sale price of vehicle?
  • MichaellMichaell Moderator Posts: 240,057
    pmw801 said:

    It's for 2016. What's should money factor be?

    .00190
    pmw801 said:

    Is the lease payment good based on the numbers they quoted me?

    Yes.
    pmw801 said:

    Is the 61% from msrp or sale price of vehicle?

    MSRP.

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  • pmw801pmw801 Member Posts: 123
    Thanks for your help!!!!
  • era123era123 Member Posts: 79
    135i said:
    heres my deal, hopefully it helps: '16 QX60 approx. MSRP $52,700 (prem, prem+ & driver asst) $1700 at signing 10k miles/yr 39 months $499/month (includes NJ taxes) I passed on the deal and ended up paying a little for for a '17 Audi Q7
    This seems freaky good. Can you please provide details such as selling price, MF and residual?
  • pacopg3pacopg3 Member Posts: 73
    Can you provide the MF and residual on a "2015" fwd 36/12 and 39/12 please. Thanks in advance!
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