Leasing an Infiniti is the perfect way to ride in style while keeping your monthly payments low. Still, you’ll want to familiarize yourself with the unique costs that go hand-in-hand with leasing before you commit to a long-term lease.
Leasing has become more popular in recent years, and for good reason: it’s the best way to drive the newest car models without managing a sky-high monthly payment. Leasing isn’t all peaches and cream, though: drivers who lease face more restrictions and have to pay for the depreciation of their car as they go.
If you’re itching to get behind the wheel of a brand-new Infiniti, you’ll want to know the inside scoop on leasing. Car insurance
shopping super app Jerry
is here to give it to you along with tips on finding low Infiniti car insurance costs
. We’ll tackle all of the essentials of leasing your Infiniti, including how to secure a lease, how much it might cost, and what to do when your lease is up. Most importantly, we’ll make sure you’re prepared to answer the biggest question of all: is leasing an Infiniti worth it?
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How to lease an Infiniti
First things first: you can find a lease that’s tailored to your location through Infiniti’s website
, or head into a nearby dealership to search for your dream car. Don’t just hop into the first car you see and sign on the dotted line, though! Follow these steps to make sure that you’re getting a great deal: Check your credit score. Leasing a car requires a higher credit score than financing one—since Infinitis are luxury vehicles, you should try to get your credit score above 700 before you lease.
Finalize your leasing budget. As a rule of thumb, your lease payment shouldn’t be more than 15% of your monthly income. So, if you make $5,000 a month, you shouldn’t spend more than $750 on your car payment.
Calculate your down payment. The up-front payment for a 2022 Infiniti can be quite high—usually, between $3,000 and $7,000—which you should take into account before you lease.
Estimate your annual mileage. Have a lengthy daily commute? Leasing might not be for you, since most leases come with a yearly mileage limit of 10,000 to 15,000 miles. If you don’t drive often, a lease could still be a good option.
Now that you’ve taken care of the financial side of things, it’s time for the fun part! Check Infiniti’s special offers or go to a local dealership to find your favorite car.
Looking for a more affordable Infiniti that’ll still give you the features and performance of a top-notch car? Try out the Qx60
or the Q50
, with starting prices of just over $40,000. If you don’t mind splurging, or need some extra room and giddy-up for your friends and family, the sublime Qx80
might be the move for you. Have your budget in mind when you enter the dealership (or, if you’re a perfectionist, print it out and bring it with you!). The dealer will likely try to upsell you by recommending bonus features and cosmetic upgrades—a firm budget can help you resist the temptation of unnecessary add-ons.
The final step: shop for insurance
Insurance won’t come with your lease agreement, but you’ll need it before you roll off the lot in your sleek new Infiniti. If you don’t want the pain of dealing with pushy salesmen and filling out complex forms for your car insurance, Jerry
is here to save the day. It’s this easy: download the app, sign up in just 45 seconds, and compare quotes from over 50 top insurers. Best of all, the average Jerry user saves $887 on insurance!
How much does an Infiniti lease cost?
On a month-to-month basis, leasing an Infiniti is cheaper than buying one—but the exact price you pay will depend on several factors:
The sales price you agree to
The interest rate for the lease
Additional features, accessories, and upgrades
Most likely, your monthly payment will fall between $500 (for, say, a baseline Qx50) and $1200 (for a tricked-out Qx80). That doesn’t mean that you can pay for one month and call the car your own, though: you’ll also have to navigate a down payment, acquisition fee, and additional fees and taxes.
All of the numbers can get pretty overwhelming, so let’s walk through an example.
You walk into a dealership, find the Q50 you’ve always wanted sitting on the lot, and begin to write up a lease agreement. Your monthly payment will be about $619, but your total payment when you sign the lease will include:
First month’s payment: $691
At the end of the day, you’ll owe $5,890 for your Q50, excluding sales taxes and optional upgrades that could push the cost higher.
A higher-end model like the Qx60 would have an even higher monthly and down payment—so be sure you have a budget in mind when you’re lease-shopping!
MORE: How to calculate a car lease payment
Services included in an Infiniti lease
Though you should double-check the exact terms of your lease agreement, most Infiniti leases come with complimentary maintenance and a warranty.
Infiniti’s maintenance program should cover:
Engine oil and filter check-ups
As for the warranty, you should enjoy the following:
4-Year/60,000-Mile Basic coverage
5-Year/50,000-Mile Emission Control coverage
6-Year/70,000-Mile Powertrain coverage
7-Year/Unlimited-Mileage Corrosion coverage
10-Year/Unlimited-Mileage Seat Belt Warranty
Since most lease terms are only two or three years, these warranties should have you covered for your entire lease.
Key Takeaway Though the monthly payment on your Infiniti lease will probably be between $500 and $1,200, you should also factor in up-front costs, complimentary maintenance, and warranties.
What to do when your Infiniti lease is up
When you reach the end of your Infiniti lease, you’ll have two options: return the car and start looking for your next ride or purchase the car if you just can’t bear to say goodbye.
How to return a leased Infiniti
If you’re ready to part ways with your vehicle, all you need to do is follow Infiniti’s end of lease process
: Schedule your pre-return vehicle inspection
Decide if you want to make repairs
Make an appointment with your INFINITI retailer
Fill out a federal odometer/lease termination statement
Pay any lease liability fees and additional charges
After you’ve completed these steps, voilà! You’re all set to get started on your next lease.
You’ll have to pay a $395 disposition fee, which covers the costs associated with returning your vehicle. However, Infiniti will waive your disposition fee as well as $500 in excess wear and tear charges if you choose to buy or lease another Infiniti afterward.
How to purchase a leased Infiniti
If you’ve fallen in love with your Infiniti, you’ve got the option to buy out the Infiniti lease. Usually, all you need to do is pay the purchase price that was agreed upon when you signed your lease as well as a few extra fees and charges. To finance your car, you can work with Infiniti’s financial services or secure a loan through a bank or credit union.
Check out Infiniti’s finance website
for more information. How to find the best car insurance for an Infiniti
A beautiful car like an Infiniti should have an excellent insurance policy to match it—Jerry
is the perfect place to find the best coverage for your car! Jerry will get you excellent coverage for an affordable price so that your sweet new ride (and your savings account!) are protected. Just download this trustworthy insurance comparison app
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, it’s a win-win! “As a young person who owns a sports car and a high-end sedan, I couldn’t find quotes below a certain threshold. By using Jerry
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