Infiniti Lease Basics....

[macct]

I was hoping to find out some of the basic information regarding Infiniti leases. The first, can the dealer markup the acquisition fee or money factor? If so, is the increase capped by Infiniti? The second pertain to excess mileage. The Infiniti website indicates miles can be purchased upfront at a discount, but they don't state the amount. Is the amount 0.12 or 0.15 upfront? Also, if you purchase additional miles upfront, say 18,000 miles a year, what rate does your contract have for any additional miles at the end of the lease term? My point of comparison is BMW who discounts miles upfront and allows additional purchases. BMW also refunds additional miles, albeit I think hey are the only brand that does that. Thank you

[bschurr]

Answers below in BOLD embedded in your post

I was hoping to find out some of the basic information regarding Infiniti leases. The first,

can the dealer markup the acquisition fee or money factor?YES BUT THEY NEED TO DISCLOSE THE RATES (MONEY FACTOR OR ACQ FEE) SO YOU SHOULD EASILY BE ABLE TO IDENTIFY THE MARK UP

If so, is the increase capped by Infiniti?ANY INCREASE IN MF BEYOND IFS (INFINITI FINANCIAL SERVICES) WOULD NOT BE SUPPORTED BY IFS. LOTS OF FINANCIAL INSTITUTIONS WILL UNDERWRITE LEASES SO SHOP AROUND A BIT. EQUALLY IMPORTANT TO MF IS THE RESIDUAL RATE & SELL PRICE

The second pertain to excess mileage. The Infiniti website indicates miles can be purchased upfront at a discount, but they don't state the amount. Is the amount 0.12 or 0.15 upfront? LIKELY AVAILABLE UPFRONT BUT I DONT KNOW THE RATE.

Also, if you purchase additional miles upfront, say 18,000 miles a year, what rate does your contract have for any additional miles at the end of the lease term? IFS EXCESS MILEAGE IS CURRENTLY $0.20/MILE

My point of comparison is BMW who discounts miles upfront and allows additional purchases. BMW also refunds additional miles, albeit I think hey are the only brand that does that. Thank you

I suggest that you call IFS to get all the info you need to complete a transaction. The toll free # is 800.456.6622