I am thinking about getting into a lease similar to what I have now (2017 Q50RS), but for MY2020. I still have 2 months of lease payments left and have completed lease return inspection report with AIM (3rd party Inifiniti uses). My report shows 0 damages, with rear runflat tires measuring 4/32 and 5/35, real close!
I did this early inspection (Infiniti said the report is valid for 90 days) with the anticipation of Infiniti “pull ahead” where they waive 2 payments. To my surprise, this program is no more (confirmed by both dealer rep and Infiniti agent). They do not have anything in return, just $1000 loyalty that was there anyway. I do not qualify for “Owners celebration”.
The problem is I have two payments left. Do you think I should wait and risk the tires and potential lease support changes? Dealer purchase is not an option, they prefer to get used cars from the auction.
Does the selling price look good at almost 20% off?
Here is a new quote for 2020 RS with VPP+Loyalty applied.
**MSRP: $55,870
**Selling Price: $44842 (dealer incentive from Infiniti corporate is $6500)
**Monthly Payment: $446/487 with LA tax w/out MSDs | $379/$413 with MSDs
**Cash Due at Signing: $1000 (estimate)
**MSD: none, option to do $4900 worth of MSDs for around 2+% risk-free return on it
**Incentives: VPP, loyalty
**MF 0.00112 without MSDs (base, not inflated), 0.00022 with MSDs
**Months: 36
**Annual Mileage: 10,000
**Residual: 55%
**Region: SoCal
**Leasehackr Score: 10.1-11.8 years depending on MSDs
Hey bro, I’m actually in pretty much the same situation as you, currently have the silver sport and looking to get the RS as the lease ending soon. I’ve talked to few dealerships around LA areas as well, would you like to connect a bit on this? Thanks.
I ended up working with one of the brokers here for the Red Sport. Do not want to post specifics, but essentially he was able to offer a much better selling price discount.
Combined with loyalty ($1000), VPP ($700) and max MSDs ($4050) lowering the MF to something like 0.52% APR, the monthly payment is now around $340 before tax with $2000 inceptions + MSDs. This includes $400+ of negative equity (last month payment of my old red sport lease) rolled into the deal.
I heard in May they split $6500 SoCal lease incentive to $5000 to the dealer and $1500 to the customer, not sure how this changes the picture, but I did not want to wait as my crap-flats were really worn out. I am pretty sure two of them are already below 4/32, but my lease end inspector was very hands-off about it and said I owe 0, but the report expires soon
I actually love the car. CarPlay changes everything, peal white looks great, got white seats for a change. Was looking at CLS, m340i, S5, but at this price cannot justify paying more. I might be biased as I am driving G and now Q platform since 2008 lol
Deal is not 100% complete yet as I’m waiting on the check from the dealership covering my final payment. Once done I’ll review the broker and post the numbers if he’s fine with that.