Some big changes over at IFS this month. Residual values have gone up on all 2011 models. Unusual, but not unheard of. With that move, IFS has also bumped the money factors in order to keep the payments around the same ballpark as previous months. The good news here is that the increase of residual values seems to have more than offset the increase of the money factors.
Below, I have a quick sample calculation of July vs August rates using the same sale price. As you can see, the August lease rates are about $7 lower per month on the G37 Journey Sedan. The bad news is that returning IFS customers won’t have lease cash available to drop payments further. At least for now. According to Shappy, the loyalty cash is still going strong, hurray! See comments below. As I mentioned in this month’s VW post, lease rates and promotions CAN change mid-month, so check back often.
Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.
Using July Lease Rates
36 month | 15k miles | residual 58% | .00058 base money factor
2011 INFINITI G37 JOURNEY SEDAN
MSRP – $36695
Sale Price – $33220
Monthly – $363+ tax
RWG Rating – 97.4
Using August Lease Rates
36 month | 15k miles | residual 61% | .00099 base money factor
2011 INFINITI G37 JOURNEY SEDAN
MSRP – $36695
Sale Price – $33220
Monthly – $356+ tax
RWG Rating – 98.8
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2011 INFINITI G37 COUPE IPL AT
36 month | 15k miles | residual 62% | .00161 base money factor
2011 INFINITI G25 SEDAN JOURNEY
36 month | 15k miles | residual 62% | .00100 base money factor
2011 INFINITI G25 SEDAN X AWD
36 month | 15k miles | residual 64% | .00126 base money factor
2011 INFINITI G37 SEDAN JOURNEY
36 month | 15k miles | residual 61% | .00099 base money factor
2011 INFINITI G37 SEDAN X AWD
36 month | 15k miles | residual 63% | .00125 base money factor
2011 INFINITI G37 SEDAN SPORT MANUAL
36 month | 15k miles | residual 60% | .00099 base money factor
2011 INFINITI G37 COUPE JOURNEY
36 month | 15k miles | residual 64% | .00161 base money factor
2011 INFINITI G37 COUPE X AWD
36 month | 15k miles | residual 65% | .00170 base money factor
2011 INFINITI G37 COUPE SPORT MANUAL
36 month | 15k miles | residual 64% | .00161 base money factor
2011 INFINITI EX35 AWD
36 month | 15k miles | residual 58% | .00162 base money factor
2011 INFINITI EX35 AWD JOURNEY
36 month | 15k miles | residual 56% | .00162 base money factor
2011 INFINITI FX35 AWD
36 month | 15k miles | residual 57% | .00166 base money factor
2011 INFINITI FX50 AWD
36 month | 15k miles | residual 54% | .00177 base money factor
2011 INFINITI G37 CONVERTIBLE BASE
36 month | 15k miles | residual 60% | .00180 base money factor
2011 INFINITI G37 CONVERTIBLE SPORT 6MT
36 month | 15k miles | residual 61% | .00180 base money factor
2012 INFINITI M37 SEDAN X AWD
36 month | 15k miles | residual 61% | .00169 base money factor
2012 INFINITI M56 SEDAN X AWD
36 month | 15k miles | residual 54% | .00161 base money factor
2012 INFINITI M35H SEDAN HYBRID
36 month | 15k miles | residual 59% | .00165 base money factor
2011 INFINITI QX56 4WD
36 month | 15k miles | residual 53% | .00171 base money factor