I am looking at leasing a 2018 Q50 AWD. The two i am looking at are a Q50 3.0t Sport AWD with the essential package (MSRP is $46,145), and a Q50 Red Sport 400 AWD with the sensory package (MSRP is $57,775). From what i could find, the MF is .00003 and the RV is 49% for the Sport and 51% for the Red Sport, please correct me if i am wrong on this.
What percentage off MSRP can i get with a 39 month 15k mile lease?
I read somewhere that it is possible to ask for 11-12k off the msrp for the lease, is this feasible? If not what should numbers should i shoot for?
Also, does Infiniti offer MSD? If so how many can i put down?
Thank you
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I would shoot for upwards of 15-17% off msrp depending on location. Based on 07652 zipcode also factor in how many Infiniti dealerships are in your area. Pretty sure Infiniti does allow msd but the money factor is so low you hardly are paying an interest at all.
Thank you for your input.
It looks like there is only 1 Infiniti dealership within 100 miles of my zip code (50317), but there are 2 more about 130 miles away. Do you think it would be possible to try and get 15-17% off the dealer price? It is already $5,000 less than MSRP. According to leasehackr it looks like Infiniti does offer up to 10 MSD but i am not sure about that so i will have to look more into that. There was one more question that i forgot to include in the original post, when you figure the residual value would you take it out of MSRP or out of the adjusted capital cost?
thank you
The residual is based off MSRP, that’s why getting a solid discount and good sales price is so crucial for a low payment, among other factors. I just leased a 2018 Q50 RS 400 in Dallas in December. Started out, like you, comparing the Sport vs the Red Sport thinking the Sport would be cheaper with smaller MSRP but you have to crunch the numbers based on the lower residual of the Sport vs the Red Sport. Also, my original thought was to aim for 10% off MSRP. Then after reading this forum I upped it to 15% off. Then I saw a deal from Houston where on a RS they got 18% off. So my goal then was 18% since it was the same state of Texas. Then I found the car I wanted and it was a manager car so had 850 miles on it so after advice on this forum I bumped it to 22% off and got the deal. My long winded point is read this forum and search all Q50 threads. Most deals were end of year but all the threads will point you in the right direction for your area.
Here is my deal, again in Dallas, for context. It is a 2018 Q50 Red Sport AWD with the Sensory Package-Black on Black.
MSRP: $57,550.00
Sales Price: $45,389.00
Cap Cost Reduction: $0
Acquisition Fee: $700.00
Miles/Year: 10K
Residual: 55%
Months: 39
MF: 0.00003
License/Registration/Doc Fees: $346.40
Sales Tax: 1.2% (Included Tax Credit which drops from 6.25% to 1.2%)
Monthly Payment (w/tax): $388.60
Drive Off: $735.00 (Fees plus 1st month payment)
Had them throw in window tint too. Car is super fast and fun to drive!
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Man that is a screaming deal. If I could walk in and get that tomorrow I would but have a feeling I can’t replicate in CT with 3 dealers in the whole state.
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Wow, that is a killer deal. I have the same problem as JHardisty as there is only 1 dealership in Iowa.
It looks like Infiniti has an offer right now for a 2018 q50 RS for $369 a month for 39/10k miles, with a $5,230 down payment. The MSRP on the car in this offer ($51,995) is about 6k lower than he MSRP on the RS i am looking at but I would love to get down to around the 400 a month mark. If i shoot for 17% off MSRP and go with 12k or 15k miles a year with a $5,000 down payment do you think i will be able to get close to my goal? Or should i shoot for less of a down payment?
If I am figuring right 17% off the MSRP of $57,775 would bring the price down to $47,953.25.
RV is 51% (15k miles) so i would be paying $23,497.09
$5,000 down payment brings this down to $18,497.09
so that would be $474.28 a month
RV is 54% (12k miles) so i would be paying $18,058.49
$5,000 down would bring this to $13,058.49
so that would be $334.83 a month
Am i calculating this correctly? If not please correct me. And im not sure about the RV for 12k miles, just going off the chart provided by leasehackr.
Thank you
would you mind DM me the dealer? im in north Dallas and woul like to replicate this deal. thanks.
Dealer I used was Sewell Infiniti Dallas. Was able to get the job done and didn’t try another dealer. Part of the reason is that in Dallas AWD Red Sports that are black on black with only the Sensory Package are difficult to find and in short supply. Plus some dealers like to add on a bunch of stuff that jacks up the price.
Looks like what i did earlier with the 54% is actually for 10k miles
RV for 12k miles is 53% so that is about $449.69 a month
Your math is so wrong. Read up on how to calculate leasing numbers. $5k is a terrible idea.
Why, in God’s name, would you want to put 5k down? Terrible idea on so many fronts. Infiniti’s money factor is basically 0. Invest that money instead.
And thats the reason im on here.
I dont want to put down 5k as i know i wont get it back out if i wreck the car however that is the only way i know to get the monthly payment down. Obviously i do not know much about leasing so any and every input is appreciated. I did read up how to calculate lease numbers but i must have not understood it as much as i thought i did. I will go back over it again thank you.
If anyone has tips to lower the monthly payment that would be awesome.
thanks
If you can’t get the payment where you want to be by negotiating the sales price and adding on any incentives without putting money down, you should be looking for a different car. As mentioned above, you need to read how to calculate a lease. If you can calculate a lease by hand, you can determine the monthly payment. You can then see what kind of discounts/incentives you will need to accomplish your monthly payment goal.
Likewise, if you TRULY want this car, I can’t see there being much competition in Iowa on Infiniti, so you may have a tougher time negotiating a good price like some folks on here. You may have to travel/expand your search area.
Okay, wow i was way off. Thanks for pointing that out.
So the rv is of the MSRP and then you subtract that from the sales price. Correct?
If thats the case then if i could get 17% off msrp i would be paying around $470 a month with no down payment at 15k miles a year.
If i was to do a down payment that is that taken out to get the capital cost?
RV is just a percentage based off the MSRP. Sounds like you might be confusing depreciation with RV. A down payment will reduce the cap cost, thus why it’s called cap cost reduction(CCR).
Anyone has been able to get 18%+ off MSRP lately on Red Sport?
I’m in So. Cal. and can’t get them to go below 14-15%.
Okay, so the RV is whats left after the lease period ends and the depreciation is the difference between the sales price and the RV. That sound right? A lease is the payment on the depreciation over the lease period, correct?
Ok, that explains why i wouldnt get the down payment back, I knew i wouldnt, I just didnt know why.
Sorry if im repeating everything, just trying to talk myself through it to make sure i understand it correctly.
For you guys that only have 1 or 2 dealerships local or in your state and getting horrible deals, you could always consider contacting one of the dealers that someone on here got a great deal from and look at what transportation costs would be. Unless you’re going from cost to cost I couldn’t imagine it costing you more than $500/$700 with the dealership helping. You can just contact them over email and negotiate that way. Don’t limit yourself especially if you have the time.
Lease payment consists of the rent as well.