Infiniti QX60 Lease

Ask the Hackrs
21

then the numbers don’t add up. MF=0.00125 (3%), you payment will be $498, why $619?

22

Base rate for May is 0.00085 since they are marking that up. There was a guy on here who was able to use loyalty and VPP at end of March, but he worked at a dealer. If your deal/price includes VPP, then your discount is smaller and there should be some more meat.

23

Ok so here is what I’m noting:

  1. My MF should be MUCH lower
  2. My MSRP discount should between 15-18%.

Right???

24

Oh now, I understand the trade in number. They are giving you $22500 for your trade in, but you have a pay off of $23000 =>$500 negative, but aving $1728 in tax. So you are still ahead even with the negative trade in. But still $596 (trade in case) for a $53K QX60 is no deal IMO. People have been paying under $400 for QX60 of this MSRP. At $596, I think you may be able to get into a well equipted Volvo XC90 T6 Momentum.

25

Shoot for buy rate of 0.00085 MF and discount of 14% before VPP and/or loyalty. Also, see if a dealer will accept both VPP and Loyalty. How much is loyalty on your q56 when buying a qx60?

26

The main issue is your MF. Using Option 1 without trade in as comparison ($619)

  1. if you just get based MF=0.00085, then do 8MSD to reach 0.00005, you payment will be $405
  2. if you just get ~17% discount, but keep that 0.028 high MF, your payment will be $556
  3. If you do both, you will have $349, then this will be a super deal
27

How is 17% realistic if they have less lease cash than nyc region?

28

Not necessary possible, I don’t know what is realistic in nyc region. Just give it as an example. But I think going from 13%-17% isn’t nearly as helpful as getting the right MF with MSD. maybe this should be the priority in negotiation.

29

Do you have to get MSD to lower your MF? Or, can I just simply state what I need my MF to be?

30

You can ask for buyrate MF, but to get lower, you need to do MSD.

31

Unique situation where OP has both loyalty and VPP, so a total deep discount would be possible if those can stack.

34

Correction:

Ok so my questions to them, right?

  1. The MF seems to be pretty high and the numbers aren’t really adding up. If my MF=0.00125 (3%), shouldn’t my payment be $498, why $619?
  2. What is the buy rate MF (question: how do I straight up ask for it to be lowered without MSD’s)
  3. Can we get that MSRP discount between 15-18%
35

for this, you can simply input your number here and find out?
CALCULATOR | LEASEHACKR

1 Like
36

See calc for your situation. 14% off msrp + VPP + MSDs. Calc doesnt represent tax situation accurately due to your trade in. You can adjust the MF and remove the MSDs to see the impact.

39

image
image3024×4032 2.61 MB

40

option 1
16% off MSRP

They decreased my MF to .00085 but with VPP I’m loooking at $499 payment for 39 months on Option 1.

When I put this in the lease calculator it doesn’t seem right.

Thoughts?

41

Use 8 MSDs and you are down to 440/month. Not bad in a full tax state. Did other dealers confirm they wont stack vpp and loyalty?

42

What would you say if I decided I didn’t want to incorporate MSD’s into the deal?

The other dealer said they could.

43

CI would ask you why.

For $3600 as MSD, which is totally refundable, you save $60 a month, or $720 a year. That is 20% return on investment. Where else can you get that kind of return with 100% confidence?

2 Likes
46

MSD is held my IFS, not dealer. I have never heard people don’t get theirs back. Maybe other can chime in.