Automotive

Infiniti Q50 Red Sport 3.0L Twin Turbo 400HP Lease question

  • Last Updated:
  • Aug 9th, 2017 8:33 am
[OP]
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Sep 1, 2008
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Infiniti Q50 Red Sport 3.0L Twin Turbo 400HP Lease question

Hi RFD

I am looking to get Infiniti Q50 Red Sport Model on 4 years lease. Here are the details:

MSRP : $54,721.50
MSRP with Tax : $61,835
Allowance : 16,000KM/year
Lease Period : 48 months
Downpaymet : $0
Monthly payments : $650 (Tax in)

Is it a good deal? What have other RFD'er managed to score on this Vehicle?
Last edited by roadrunner17 on Jul 7th, 2017 7:13 pm, edited 1 time in total.
45 replies
Sr. Member
Sep 4, 2005
939 posts
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Need more info. Any down payment or security deposit? Lease rate? What are the current factory incentives?
[OP]
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Sep 1, 2008
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ar_ken wrote:
Jul 7th, 2017 8:19 pm
Need more info. Any down payment or security deposit? Lease rate? What are the current factory incentives?
I updated the down payment info in the OP which is $0 and I don't have the lease rate. Lease rate does not matter to me, all I care about is how much I am paying monthly.
Factory Incentives are 4000$.
Sr. Member
Sep 4, 2005
939 posts
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Thanks. I think it looks pretty good, residue is 50% after four years... I'm assuming your numbers already include the 4K factory incentive?

Just make sure 16k/year is enough for you...
Deal Expert
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Jul 30, 2007
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@ $650 taxes included ... that would mean dealer side discount is $0, you get just the $4000 factory credit. Assuming the other missing parameters are based on 48% residual, 1.59% interest rate, $0 down.

If this is the first quote you have, you should try other dealers
Deal Addict
Aug 10, 2013
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Where you from OP? I have a friend who works for nissan that could likely beat the deal you are getting.
Smash that like button!
[OP]
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Sep 1, 2008
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Thanks for all the input so far. I am in Brampton, Ontario.

Initial quote with just factory incentives were $744 tax in. They brought it down to $650. I didn't ask how much dealer discount I am getting but how much dealer discount I should be expecting? I can find out.
Deal Expert
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Jul 30, 2007
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how can $744 be with factory $4k incl. ? We are talking no further options/packages added onto the car ?

I still think you should find out what the int rate and residual are, so that we can calculate the real deal here ?

You said you only care $650 is what you are comfortable of paying, I am sure if the deal can be had for $600 or slightly below, you will have a change of tune into your thinking

Just my 2 cents.
Deal Expert
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Jul 30, 2007
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Assuming the following:

MSRP $52,600 (just the base without any added options)
Factory credit $4000 (lease purpose)
Say dealer side discount - 6% of MSRP
Freight/PDI, A/C tax, OMVIC, tire levy, NO dealer admin fee. approx. $2,120 - all rolled into the lease
48 months residual - estimate 48%
Interest rate - 48 months at 1.59%
$0 down

Projected monthly - $580 OTR (taxes included)

Due on delivery - first + security (if any) + PPSA + license
Newbie
Jun 29, 2017
2 posts
booblehead wrote:
Jul 8th, 2017 12:07 pm
Assuming the following:

MSRP $52,600 (just the base without any added options)
Factory credit $4000 (lease purpose)
Say dealer side discount - 6% of MSRP
Freight/PDI, A/C tax, OMVIC, tire levy, NO dealer admin fee. approx. $2,120 - all rolled into the lease
48 months residual - estimate 48%
Interest rate - 48 months at 1.59%
$0 down

Projected monthly - $580 OTR (taxes included)

Due on delivery - first + security (if any) + PPSA + license

That seems like a pretty nice deal on this vehicle IMO
Deal Addict
Jun 28, 2006
1916 posts
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roadrunner17 wrote:
Jul 7th, 2017 7:13 pm
Hi RFD

I am looking to get Infiniti Q50 Red Sport Model on 4 years lease. Here are the details:

MSRP : $54,721.50
MSRP with Tax : $61,835
Allowance : 16,000KM/year
Lease Period : 48 months
Downpaymet : $0
Monthly payments : $650 (Tax in)

Is it a good deal? What have other RFD'er managed to score on this Vehicle?
just saw one on the road the other day, looks pretty damn sweet. OP did you lease one already?
Some people meditate, I smoke cigars.
Deal Addict
Jun 28, 2006
1916 posts
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cns187 wrote:
Jul 10th, 2017 3:56 pm
just saw one on the road the other day, looks pretty damn sweet. OP did you lease one already?
actually it was the q60
Some people meditate, I smoke cigars.
Deal Expert
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Jul 30, 2007
25106 posts
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checking with the Infiniti.ca site just now to see the latest info on this car program.

Infiniti.ca shows residual for 48 months with 16,000km per year at 41% compared to my previous estimate of 48%; with interest rate at 1.59% That's really bad residual, I guess that's why they are giving a bit more factory credit $ to ease the pain.

From OP, figures of $650 per month OTR. This would mean, the dealer has offered 7% off discount. Not bad.


booblehead wrote:
Jul 8th, 2017 12:07 pm
Assuming the following:

MSRP $52,600 (just the base without any added options)
Factory credit $4000 (lease purpose)
Say dealer side discount - 6% of MSRP
Freight/PDI, A/C tax, OMVIC, tire levy, NO dealer admin fee. approx. $2,120 - all rolled into the lease
48 months residual - estimate 48%
Interest rate - 48 months at 1.59%
$0 down

Projected monthly - $580 OTR (taxes included)

Due on delivery - first + security (if any) + PPSA + license
[OP]
Sr. Member
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Sep 1, 2008
622 posts
99 upvotes
Sorry for late update, I ended up with $640/ month tax in plus I was able to negotiate 4years no charge maintenance included.

Thanks Booblehead and all other RFDer for your valuable inputs!!!

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