Infinit QX50 - How does this look

Ask the Hackrs
1

I got this quote from a dealer for QX50.

Term: 36 months
Down Payment: $950.31 (This includes upfront tax, DMV fees, and first monthly payment)
Monthly base: $419.83
Tax (Per month): $40.90
Total Monthly Payment: $460.76

Term: 39 months
Down Payment: $915.03
Monthly base: $387.68
Tax (Per month): $37.80
Total Monthly Payment: $425.48

Does this look good?

2

What’s the MSRP and residual value?

3

MSRP $41640
Residual 55%
Residual Value $22,902

4

Then I’d say no. You want your monthly payments to be at least 1% of the MSRP or less (before any down payment). This comes in at about 1.1%