Join Date: May 2013
Location: Philly Burbs
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Between 6-9 months before the end of the lease. Usually there's a newer model or something else I really liked so I signed up for the new lease. The old lease, whatever was left, payments/miliges, will just get "washed out". I didn't pay ANY penalty or "make up".. I think it's to their advantage to have a new lease signed. so it's sort of win-win.
So, officially reserved/ordered my Q50 today at the dealer: hybrid AWD premium fully loaded (except sport). Malbec black exterior; graphite interior.
Here's the details of my lease quoted:
Residual %/amount: 64% $34,044.80
Total add cap cost: $700
Adjusted cap cost: $53,869.72
Customer cash down (drive off): $ 1,250.00 (1st month, etc. $0 down payment)
Base monthly rental: $657.78
Payment (including tax) : $722.24
If 24months term, the payment goes up to over $820.
It's more expensive than I hoped, but I doubt if they have much flexibility. Besides, they took care of my Lexus lease.
ETA: 8/13. The manager was able to order mine together with theirs today. So my Malbec black Q50 will be among the very first arrivals!
Deposit $1000. It was confirmed that in Aug after test drive MY Q50, if for any reason I want to back out the deal/lease, I will not be obligated.
You said it Simpson!! Just thinking the same thing.
On the positive side, it's nice to finally have viable options.
I really want to get a feel for the realistic leases on the Q as I think there still may be a value proposition on the lease vs. some of the competition. At least I hope that's the case once the launch fever calms down.
So I ran some MADE UP, imaginary, not real numbers on a 12K mile lease using the same numbers as above with a few changes.
Note: there is no basis in fact for these numbers, just a bit of an expectation of what may come on the Q lease after some time:
62%residual (guessing 2% diff from the above 10k scenario)
Cap Cost:$51,000 (gotta figure $3000 off MSRP at some point may be realistic based on today's Infiniti invoice vs MSRP)
Money factor closer to 2% to be realistic for a few months from now
Looking at high 4's to low 5's for payment if my math is right (plus monthly tax here in Pa)
That wouldn't be too bad I don't think.
Someone want to double check my math?
Hmmm, I dunno about low 5's. Maybe closer to high 5's depending on the down payment.
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