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Lease rate on Q50 Red Sport 3.0t 400 AWD Black Ops

thonituthonitu Member Posts: 3
edited October 2016 in INFINITI
I got the following rate on a 2016 Q50 Red Sport 3.0t 400 AWD Black Ops:

Includes tech package, Direct Adapt Steering, Maple Trim, Driver Assist, Premium package, spoiler, splash guards, kick plates, all weather and cargo packages.

Includes tax, title and license of $3400

$1058 due at signing, $694/mo, 39 mo, 12k miles per year

Is this good deal? What should MF and Residual be?

Thanks much
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Answers

  • kyfdxkyfdx Moderator Posts: 236,830
    thonitu said:

    I got the following rate on a 2016 Q50 Red Sport 3.0t 400 AWD Black Ops:

    Includes tech package, Direct Adapt Steering, Maple Trim, Driver Assist, Premium package, spoiler, splash guards, kick plates, all weather and cargo packages.

    Includes tax, title and license of $3400

    $1058 due at signing, $694/mo, 39 mo, 12k miles per year

    Is this good deal? What should MF and Residual be?

    Thanks much

    Assuming the Black Ops version is the same as other RED Sports:

    .00003 MF and 54% residual.

    To evaluate the deal, need to know the MSRP, selling price and/or CAP cost, and state and tax rate.

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  • thonituthonitu Member Posts: 3
    More info per your request:

    MSRP- $62620
    Sell price -$57120
    Taxes-$2259 (cook county, Illinois)
    Fees-$169
    Net price- $60484
    Residual-$33815
    Up front $1058, includes 1st month
    12k miles, 39 mo
    $694/mo
  • MichaellMichaell Moderator Posts: 241,024
    thonitu said:

    More info per your request:

    MSRP- $62620
    Sell price -$57120
    Taxes-$2259 (cook county, Illinois)
    Fees-$169
    Net price- $60484
    Residual-$33815
    Up front $1058, includes 1st month
    12k miles, 39 mo
    $694/mo

    Using your prices, I get $600/mo - before local taxes are applied.

    My guess is that the taxes and other fees are being added into the selling price, as the $1058 up front isn't enough.

    Ask the dealer for the adjusted cap cost, and make sure you understand how they got to that number from the selling price.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • thonituthonitu Member Posts: 3
    Yes, they are adding the taxes and fees into the sell price- it is $60484 with residual of $33815
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