September 2008 Lease Rate for 08 Infiniti QX56

My Take: Found something interesting on the QX56. Infiniti’s rates are actually higher than those of third party banks. I won’t bother to calculate the payments since I think this SUV is way too expensive to actually lease, but I will post the numbers. You can do some comparison yourself by visiting Leasecompare.com.

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Lease Rates through IFS

2008 Infiniti QX56 2WD
24 Month – Residual 45% of MSRP – .00280 Base Rate
36 Month – Residual 37% of MSRP – .00280 Base Rate

2008 Infiniti QX56 AWD
24 Month – Residual 45% of MSRP – .00280 Base Rate
36 Month – Residual 38% of MSRP – .00280 Base Rate

Lease Rates through third party

2008 Infiniti QX56 2WD
36 Month – Residual 37% of MSRP – .00261 Base Rate

2008 Infiniti QX56 AWD
36 Month – Residual 38% of MSRP – .00261 Base Rate

FINAL THOUGHTS: The 36-month lease hits the sweet spot, with the same residual as IFS, but a lower money factor. So what are the disadvantages of leasing through a third party bank? Possible disposition fee and lack of GAP coverage (in most cases). You can compensate for the lack of GAP coverage by purchasing it through your insurance company.

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see how this car ranks among other models

Rates provided by Tarry Shebesta from Leasecompare.com

Infiniti Special Financing for 2008 Models

If you missed out on Infiniti’s August lease rates and special financing, they have decided to extend their 0% and 0.9% financing on their 2008 EX, G, M and QX models.

Models offering 0% financing for 72 months include the EX and QX.

Models offering 0.9% financing for 60 months include G35 sedan, G37 coupe, M35 and M45.

Unfortunately, the 09 FX are not included in these special offers.

Leasing a 2008 model will become less and less attractive as we near the end of the year.  Since special financing is available, financing a purchase is the wiser financial decision. No MF will be low enough to beat 0% financing. It’s a interest free loan! If that isn’t good enough reason to consider a purchase, I don’t know what is.

Offer ends 9/30.

On a side note, GM extended their Employee Pricing offer until 9/30 as well. I know, who cares right? Well, you might want to if you are considering a roadster. GM may be pulling the plug on the Sky and Solstice because the platform in which they are built on is not “profitable”. For car nuts like myself, this is significant news because these two cars have a lot of “potential” in the aftermarket world. It may even be possible that these two cars’ resale value may go up in the near future because super fanboy (and girls) may want to buy them for modding.