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Is Now A Good Time To Lease A Car?

Understanding the INFINITI Leasing Landscape

Leasing a car, especially a luxury vehicle like an INFINITI, has become a popular choice for many consumers. A car lease offers the advantage of driving higher-end cars without the burden of a large down payment, allowing for more frequent vehicle upgrades and potentially lower monthly payments, along with included maintenance services. However, the question remains: Is now a good time to lease an INFINITI? Crossroads INFINITI of Wilmington will outline what you need to know about leasing and if it’s a good time to do so. Contact our dealers today.

What Is Car Leasing?

Car leasing is a type of financing agreement that allows you to use a car for a set period of time in exchange for monthly payments. Think of it as a long-term rental. You get to drive a new car without the hefty price tag of buying one outright. At the end of the lease, you have a few options: return the car to the dealer, purchase it at a predetermined price, or extend the lease. This flexibility makes car leasing an attractive option for those who enjoy driving a new car every few years without the long-term financial commitment of ownership. Read on to decide if now is a good time to lease a car.

Is Leasing an INFINITI Car a Good Idea?

Let’s review if now is a good time to lease a car. There are several compelling benefits that make it an attractive option for many drivers, including:

Lower Monthly Payments: One of the biggest advantages of leasing a car is the lower monthly payments compared to buying. Since you’re only paying for the car’s depreciation during the lease period, your monthly payments are generally lower.

New Car Every Few Years: Leasing allows you to drive a new car every few years, which means you can always enjoy the latest models, technology, and safety features.

Warranty Coverage: Most leased cars are under warranty for the duration of the lease, which means you’ll have fewer maintenance and repair costs to worry about.

No Trade-In Hassle: At the end of the lease, you can simply return the car to the dealer without the hassle of selling or trading in a used car. This can save you time and effort.

Is Leasing A Car Worth It?: Factors to Consider

Several factors can influence whether or not now is a good time to lease an INFINITI car.

Market Conditions: The overall automotive market, including supply and demand, can significantly impact when it’s a good time to lease a car. When inventory is low, and demand is high, lease rates may increase. Conversely, when supply exceeds demand, lease rates may be more favorable.

Lease Incentives: INFINITI and dealerships often offer enticing lease deals, such as low-money-down options, residual value guarantees, or complimentary maintenance. Timing is crucial when engaging with car dealerships to maximize savings on leases. These incentives can make leasing more attractive to consumers.

Interest Rates: Interest rates play a crucial role in determining lease payments. Lower interest rates can lead to lower monthly payments, making leasing more affordable.

Your Financial Situation and Needs: It may be a good time to lease a car now if you have a steady income, a good credit score, and a desire to drive a new car without the long-term commitment of ownership.

Analyzing the SignatureFLEX® Lease

If you’ve ever found yourself in a position where you need an extension on your lease, you’ll be happy to know that INFINITI has you covered. With INFINITI’s SignatureFLEX® lease program, you can pay for extra mileage on your rental.* At a rate of $0.10 per mile, this program offers a flexible and customizable leasing experience. Now you can easily purchase additional miles if your driving needs exceed the initial mileage limit. This highlights a good time to lease a car now without fully committing to your ride.

The End of Your Lease Period: How It Works

As your INFINITI’s lease approaches its end, INFINITI is committed to providing a smooth and enjoyable transition. To ensure a seamless process, it’s important to be prepared for the upcoming steps. Let’s explore your options after you’ve completed your lease.

Replacing: This is a good time to lease another car as you can get the latest model or switch to another INFINITI if you’re eager to try something new.

Returning: If you don’t want another ride to lease, simply return the vehicle to your dealership and we’ll take care of the rest.

Purchasing: Don’t want to part with your ride? You can purchase it with our help.

We’re here to help you decide whether or not it’s a good time to lease another car when your INFINITI lease comes to an end.

Ready to Start Leasing?

Whether now is a good time to lease an INFINITI depends on a variety of factors, including market conditions, lease incentives, interest rates, and your personal circumstances. By carefully considering these factors and taking advantage of available deals, you can make an informed decision about whether leasing an INFINITI is the right choice for you. Additionally, comparing the financing options available, such as auto loans for buying versus leasing, can help you understand the benefits of equity accumulation and potential cost-effectiveness in the long run. Get your lease started by shopping from Crossroads INFINITI of Wilmington today.

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*The IFS SignatureFLEX Lease Program is available on any Infiniti Model Year 2022 or newer from new dealer stock financed through Infiniti Financial Services (IFS). After lease signing, Program Lessee can purchase additional mileage at $0.10 per mile through the IFS customer portal or mobile app up to 30 days before Program Lessee’s lease maturity date provided Program Lessee’s account is current and in good financial standing as solely determined by IFS. Purchase of additional mileage is subject to sales tax. No refund or credit on unused miles. Subject to residency restrictions. At lease end, pay excess wear & use plus $0.15 per mile (for mileage over the original lease agreements of 15,000 mile per year or 12,000 per year, plus any additional mileage purchased during the lease term) or $0.25 per mile (for mileage over the original lease agreement of 10,000 per year or 5,000 miles per year, plus any additional mileage purchased during the lease term). Disposition fee due at lease end if Program Lessee does not exercise the purchase option. No security deposit required. Other restrictions apply. Contact participating dealer for details. Offer is subject to change at any time and/or is subject to termination without notice.

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INFINITI QX60 Cost of Ownership

Thinking Of Budgeting For An INFINITI QX60? If you want a luxury midsize SUV that offers a smooth and technologically advanced riding experience, then the INFINITI QX60 is the one for you. Before purchasing one of these versatile models, it’s important to understand the total cost of ownership. This includes the purchase price, insurance, depreciation, and maintenance costs. Crossroads INFINITI of Wilmington provides a comprehensive guide to help you make an informed decision when it comes to budgeting for the INFINITI QX60. Visit us or get in touch with our helpful staff for more information. Initial MSRP & Incentives The INFINITI QX60 is estimated to start between $50,000 and $66,000. The final value depends on the trim level, options, and model year. Dealerships often offer incentives for a more attractive purchase price. When negotiating, consider the invoice price, current market value, and available rebates. Additionally, the initial purchase price can significantly impact the INFINITI QX60's resale value over time, affecting how much it retains after ownership for a number of years. Numerous Features to Enjoy: The Specs The INFINITI QX60 combines bold design with powerful performance, featuring INFINITI's signature grille, dynamic lines, and available two-tone styling, along with eye-catching digital piano key lighting. Under the hood, a 2L VC Turbo engine delivers 268 horsepower and 286 lb.-ft. of torque, paired with a nine-speed automatic transmission and five drive modes for a smooth and versatile driving experience. With a towing capacity of up to 6,000 lbs., the INFINITI QX60 is ready for any adventure. Inside, its sophisticated cabin offers leather seating, customizable interior options with wood accents, and a 12.3-in. high-definition display. The INFINITI InTouch™ system, along with Apple CarPlay® and Android Auto™ compatibility, keeps you connected, while advanced safety features like Rear Automatic Braking and Predictive Forward Collision Warning ensure peace of mind on the road. Choosing the Right INFINITI QX60 for Your Needs Selecting the perfect INFINITI QX60 for your needs involves several key considerations. Here are some tips to help you make an informed decision. Determine Your Budget: Start by considering your purchase price, monthly payment, and interest rates. Knowing these will give you insight into your limitations. Assess Your Needs: Think about how you plan to use your INFINITI QX60. If it’s primarily for daily commuting, a base model might suffice. However, if you need a vehicle with more pep or style, upgrading to available features or higher models might be what you need. Research Different Model Years: Compare depreciation rates, maintenance costs, and resale values for different model years. This will help you find the best model for your budget. Test-Drive Different Trims: Take various trim levels for a test drive to see which one best suits your needs and preferences. Consider Certified Pre-Owned Options: If you’re looking for a pre-owned INFINITI QX60, consider INFINITI Certified Pre-Owned options. These vehicles have been thoroughly inspected across numerous categories by professionals, offering added peace of mind. By taking these into consideration, you can choose the right INFINITI QX60 that fits your needs and budget, ensuring you’re satisfied all of the way through. Five Years of Ownership: The Costs Involved The INFINITI QX60’s estimated five-year ownership cost is around $80,000-81,000. This includes depreciation, fuel, taxes, fees, financing, and insurance. Acknowledging that the INFINITI QX60 holds its value well compared to other cars over five years, as well as with other SUVs in its class, can provide a broader market context. Using an online calculator and comparing costs with similar vehicles can help you make a more informed decision. The Cost of Insurance & Maintenance Insurance for an INFINITI QX60 costs around $5,000-21,000 over five years. This varies based on trim level, options, and driving history. Shop around for the best rates and consider bundling policies. If you'd like to stick to branded coverage, INFINITI offers INFINITI Insurance powered by Liberty Mutual® for all your needs. In five years of ownership, maintenance costs for the INFINITI QX60 are about $4,000-6,000, but repair costs can fluctuate depending on the vehicle's age, mileage, and specific issues. If you consider extended warranties, they can help protect you from unexpected repairs. INFINITI also has a Premium Care Maintenance Plan that gives you up to three years of coverage.* Additionally, researching the reliability and durability of the INFINITI QX60 can help you anticipate potential long-term costs. Extra Protection: Warranty & Extended Warranty INFINITI offers a 4-year/60,000-mile basic warranty and a 6-year/70,000-mile limited powertrain warranty. If you're concerned about future costs, consider the INFINITI Elite® Protection Plan, an extended warranty program with packages that are tailored specifically to your needs with plans that cover theft, dents, tires, vehicle components, and so much more. While these costs may vary according to your specific needs, it’s something to consider when you’re budgeting for the INFINITI QX60. Own Your INFINITI QX60 Today The INFINITI QX60 is the preferred option for those wanting a blend of comfort, style, and performance. When you're looking to buy one of these efficient SUVs, consider maintenance costs, insurance expenses, and overall value to ensure you're making the best choice for you. By researching these, as well as the INFINITI QX60's features, trim levels, and depreciation rate, you're guaranteed to find your perfect match. That being said, the overall cost of owning this ride over five years is around $80,000-81,000. If you’re prepared for the cost of owning an INFINITI QX60, visit Crossroads INFINITI of Wilmington for a test drive today. SHOP NOW *INFINITI Premium Care is included with each new 2023 or newer INFINITI vehicle purchase or lease from retailer stock. Coverage period for new INFINITI models is the earlier to occur event of 36-months or model's designated mileage period, which varies based on model year and model. INFINITI Premium Care is provided through Elite Protection Program. For complete information concerning components covered, and those components which are excluded from coverage, read a sample Elite Protection Program contract at your retailer, and read your actual service contract because its terms, conditions, exclusions, and limitations control. In Florida, INFINITI Elite Extended Protection Program is backed by IESNA, Inc., P.O. Box 685004, Franklin, TN, 37068-5004. License #60128. ELITE® and Elite Protection Program are trademarks of Nissan North America, Inc.

INFINITI QX50 Cost of Ownership

Thinking Of Budgeting For An INFINITI QX50? If you want a midsize luxury SUV that offers a smooth and technologically advanced riding experience, then the INFINITI QX50 is the one for you. Before purchasing one of these versatile models, it’s important to understand the total cost of ownership. This includes the purchase price, insurance, depreciation, and maintenance costs. Crossroads INFINITI of Wilmington provides a comprehensive guide to help you make an informed decision when it comes to budgeting for the INFINITI QX50. Visit us or get in touch with our helpful staff for more information. Initial MSRP & Incentives The INFINITI QX50 is estimated to start between $43,000 and $53,000. The final value depends on the trim level, options, and model year. Dealerships often offer incentives for a more attractive purchase price. When negotiating, consider the invoice price, current market value, and available rebates. Additionally, the initial purchase price can significantly impact the INFINITI QX50's resale value over time, affecting how much it retains after ownership for a number of years. Numerous Features to Enjoy: The Specs The INFINITI QX50 combines sleek design with impressive performance, featuring bold exterior colors, a striking grille, and 19-in. alloy wheels that make a powerful statement. Powered by a 2.0L VC-Turbo engine, it delivers 268 horsepower and 280 lb.-ft. of torque for an exhilarating drive. Inside, the cabin offers standard leatherette seating with available heated and ventilated options, along with the InTouch™ infotainment system, an 8-in. touchscreen, and wireless Apple CarPlay® and Android Auto™ compatibility. With a strong focus on safety, the INFINITI QX50 comes equipped with ProPILOT Assist, Predictive Forward Collision Warning, and an optional advanced Head-Up Display to keep you safe and connected on the road. Choosing the Right INFINITI QX50 for Your Needs Selecting the perfect INFINITI QX50 for your needs involves several key considerations. Here are some tips to help you make an informed decision. Determine Your Budget: Start by considering your purchase price, monthly payment, and interest rates. Knowing these will give you insight into your limitations. Assess Your Needs: Think about how you plan to use your INFINITI QX50. If it’s primarily for daily commuting, a base model might suffice. However, if you need a vehicle with more pep or style, upgrading to available features or higher models might be what you need. Research Different Model Years: Compare depreciation rates, maintenance costs, and resale values for different model years. This will help you find the best model for your budget. Test-Drive Different Trims: Take various trim levels for a test drive to see which one best suits your needs and preferences. Consider Certified Pre-Owned Options: If you’re looking for a pre-owned INFINITI QX50, consider INFINITI Certified Pre-Owned options. These vehicles have been thoroughly inspected across numerous categories by professionals, offering added peace of mind. By taking these into consideration, you can choose the right INFINITI QX50 that fits your needs and budget, ensuring you’re satisfied all of the way through. Five Years of Ownership: The Costs Involved The INFINITI QX50’s estimated five-year cost is around $70,000. This includes depreciation, fuel, taxes, fees, financing, and insurance. Acknowledging that the INFINITI QX50 holds its value well compared to other cars over five years, as well as with other SUVs in its class, can provide a broader market context. Using an online calculator and comparing costs with similar vehicles can help you make a more informed decision. The Cost of Insurance & Maintenance Insurance for an INFINITI QX50 costs around $5,000-6,000 over five years. This varies based on trim level, options, and driving history. Shop around for the best rates and consider bundling policies. If you'd like to stick to branded coverage, INFINITI offers INFINITI Insurance powered by Liberty Mutual® for all your needs. Over five years of ownership, maintenance costs for the INFINITI QX50 are about $8,000, but repair costs can fluctuate depending on the vehicle's age, mileage, and specific issues. If you consider extended warranties, they can help protect you from unexpected repairs. INFINITI also has a Premium Care Maintenance Plan that gives you up to three years of coverage.* Additionally, researching the reliability and durability of the INFINITI QX50 can help you anticipate potential long-term costs. Extra Protection: Warranty & Extended Warranty INFINITI offers a 4-year/60,000-mile basic warranty and a 6-year/70,000-mile limited powertrain warranty. If you're concerned about future maintenance costs, consider the INFINITI Elite® Protection Plan, an extended warranty program with packages that are tailored specifically to your needs with plans that cover theft, dents, tires, vehicle components, and so much more. While these costs may vary according to your specific needs, it’s something to consider when you’re budgeting for the INFINITI QX50. Own Your INFINITI QX50 Today The INFINITI QX50 is the preferred option for those wanting a blend of comfort, style, and performance. When you're looking to buy one of these efficient midsize SUVs, consider maintenance costs, insurance expenses, and overall value to ensure you're making the best choice for you. By researching these, as well as the INFINITI QX50's features, trim levels, and depreciation rate, you're guaranteed to find your perfect match. That being said, the overall cost of owning this ride over five years is around $70,000. If you’re prepared for the cost of owning an INFINITI QX50, visit Crossroads INFINITI of Wilmington for a test drive today. SHOP NOW *INFINITI Premium Care is included with each new 2023 or newer INFINITI vehicle purchase or lease from retailer stock. Coverage period for new INFINITI models is the earlier to occur event of 36-months or model's designated mileage period, which varies based on model year and model. INFINITI Premium Care is provided through Elite Protection Program. For complete information concerning components covered, and those components which are excluded from coverage, read a sample Elite Protection Program contract at your retailer, and read your actual service contract because its terms, conditions, exclusions, and limitations control. In Florida, INFINITI Elite Extended Protection Program is backed by IESNA, Inc., P.O. Box 685004, Franklin, TN, 37068-5004. License #60128. ELITE® and Elite Protection Program are trademarks of Nissan North America, Inc.

INFINITI QX55 Cost of Ownership

Thinking Of Budgeting For An INFINITI QX55? If you want a luxury coupe SUV that offers a smooth and technologically advanced riding experience, then the INFINITI QX55 is the one for you. Before purchasing one of these versatile models, it’s important to understand the total cost of ownership. This includes the purchase price, insurance, depreciation, and maintenance costs. Crossroads INFINITI of Wilmington provides a comprehensive guide to help you make an informed decision when it comes to budgeting for the INFINITI QX55. Visit us or get in touch with our helpful staff for more information. Initial MSRP & Incentives The INFINITI QX55 is estimated to start between $50,000 and $60,000. The final value depends on the trim level, options, and model year. Dealerships often offer incentives for a more attractive purchase price. When negotiating, consider the invoice price, current market value, and available rebates. Additionally, the initial purchase price can significantly impact the INFINITI QX55's resale value over time, affecting how much it retains after ownership for a number of years. Numerous Features to Enjoy: The Specs The INFINITI QX55 blends style, performance, and efficiency effortlessly. With its bold double-arch grille, sleek lines, and 20-in. dark-painted wheels, it makes a striking first impression. Powered by a 268-horsepower VC-Turbo engine, it delivers 280 lb.-ft. of torque for a thrilling ride, while maintaining an EPA-estimated 25 MPG in the city and up to 28 MPG on the highway.* Standard Intelligent All-Wheel Drive ensures confident handling in various conditions. Inside, premium leather-appointed seating and advanced tech features like INFINITI InTouch™, Apple CarPlay®, Android Auto™, and an available Bose® audio system elevate your driving experience. Safety in the INFINITI QX55 is a priority, featuring standard ProPILOT Assist and other driver-assistance features that give you peace of mind on every journey. Choosing the Right INFINITI QX55 for Your Needs Selecting the perfect INFINITI QX55 for your needs involves several key considerations. Here are some tips to help you make an informed decision. Determine Your Budget: Start by considering your purchase price, monthly payment, and interest rates. Knowing these will give you insight into your limitations. Assess Your Needs: Think about how you plan to use your INFINITI QX55. If it’s primarily for daily commuting, a base model might suffice. However, if you need a vehicle with more pep or style, upgrading to available features or higher models might be what you need. Research Different Model Years: Compare depreciation rates, maintenance costs, and resale values for different model years. This will help you find the best model for your budget. Test-Drive Different Trims: Take various trim levels for a test drive to see which one best suits your needs and preferences. Consider Certified Pre-Owned Options: If you’re looking for a pre-owned INFINITI QX55, consider INFINITI Certified Pre-Owned options. These vehicles have been thoroughly inspected across numerous categories by professionals, offering added peace of mind. By taking these into consideration, you can choose the right INFINITI QX55 that fits your needs and budget, ensuring you’re satisfied all of the way through. Five Years of Ownership: The Costs Involved The INFINITI QX55’s estimated five-year cost is around $75,000. This includes depreciation, fuel, taxes, fees, financing, and insurance. Acknowledging that the INFINITI QX55 holds its value well compared to other cars over five years, as well as with other SUVs in its class, can provide a broader market context. Using an online calculator and comparing costs with similar vehicles can help you make a more informed decision. The Cost of Insurance & Maintenance Insurance for an INFINITI QX55 costs around $5,000 over five years. This varies based on trim level, options, and driving history. Shop around for the best rates and consider bundling policies. If you'd like to stick to branded coverage, INFINITI offers INFINITI Insurance powered by Liberty Mutual® for all your needs. In five years of ownership, maintenance costs for the INFINITI QX55 are about $8,000, but repair costs can fluctuate depending on the vehicle's age, mileage, and specific issues. If you consider extended warranties, they can help protect you from unexpected repairs. INFINITI also has a Premium Care Maintenance Plan that gives you up to three years of coverage.** Additionally, researching the reliability and durability of the INFINITI QX55 can help you anticipate potential long-term costs. Extra Protection: Warranty & Extended Warranty INFINITI offers a 4-year/60,000-mile basic warranty and a 6-year/70,000-mile limited powertrain warranty. If you're concerned about future maintenance costs, consider the INFINITI Elite® Protection Plan, an extended warranty program with packages that are tailored specifically to your needs with plans that cover theft, dents, tires, vehicle components, and so much more. While these costs may vary according to your specific needs, it’s something to consider when you’re budgeting for the INFINITI QX55. Own Your INFINITI QX55 Today The INFINITI QX55 is the preferred option for those wanting a blend of comfort, style, and performance. When you're looking to buy one of these efficient coupe SUVs, consider maintenance costs, insurance expenses, and overall value to ensure you're making the best choice for you. By researching these, as well as the INFINITI QX55's features, trim levels, and depreciation rate, you're guaranteed to find your perfect match. That being said, the overall cost of owning this ride over five years is around $75,000. If you’re prepared for the cost of owning an INFINITI QX55, visit Crossroads INFINITI of Wilmington for a test drive today. SHOP NOW *EPA Fuel Economy Estimates. Actual mileage may vary with driving conditions - use for comparison only. **INFINITI Premium Care is included with each new 2023 or newer INFINITI vehicle purchase or lease from retailer stock. Coverage period for new INFINITI models is the earlier to occur event of 36-months or model's designated mileage period, which varies based on model year and model. INFINITI Premium Care is provided through Elite Protection Program. For complete information concerning components covered, and those components which are excluded from coverage, read a sample Elite Protection Program contract at your retailer, and read your actual service contract because its terms, conditions, exclusions, and limitations control. In Florida, INFINITI Elite Extended Protection Program is backed by IESNA, Inc., P.O. Box 685004, Franklin, TN, 37068-5004. License #60128. ELITE® and Elite Protection Program are trademarks of Nissan North America, Inc.