+/- Glossary Of Terms Acquisition Fee A charge included in most lease transactions that is either paid up front or included in the gross capitalized cost. Adjusted Capitalized Cost The sum of the MSRP, including destination and handling charges and Federal Gas Tax (if applicable), plus acquisition fees minus the down payment and/or trade in. APR The cost of your credit as a yearly rate. This field defaults to an assumed number. The actual rate you qualify for may vary based on your credit. Capitalized Cost Reduction The total of any cash payment, rebates, and/or net trade-in allowance which is applied to a lease in order to reduce the capitalized cost. The capitalized cost reduction is comparable to the “down payment” made when purchasing a vehicle. Retailer Accessories Accessories are defined as any item installed at an Infiniti Retailer and not by the factory. For purposes of a lease, or APR payment, this amount will be added to the total sales price of the vehicle, but not to the Lease residual value of the car at the end of the financing term. For specific details please see your Infiniti Retailer. Some accessories may require installation, which is not included in the Manufacturer’s Suggested Retail Price (MSRP). Retailer sets actual price. Down Payment A payment in cash and/or rebate upon the signing of a loan/lease, which typically reduces the amount financed on a loan or lease and/or pays for other amounts due upon the signing of a lease. The down payment is only one part of the total due at lease signing. See the Total Due at Lease Signing section for a complete list of itemized costs. Estimated Amount Financed The price that you anticipate you will pay for the Infiniti you’ve selected. This field will default to the MSRP of the Infiniti that you have selected but may be reduced due to special terms. Gross Capitalized Cost The Gross Capitalized Cost minus the Capitalized Cost Reduction. Mileage A lease agreement sets annual mileage limits. Mileage beyond these limits will incur an added charge. MSRP Price includes destination and handling charges and federal gas tax (if applicable). MSRP excludes tax, title, license and options. Retailers sets actual price. For purposes of a Lease or APR payment the Retailer accessories amount will be added to the total sales price of the vehicle but not to the Lease residual value of the car at the end of the financing term. For specific details please see your Infiniti Retailer. Some accessories may require installation, which is not included in the Manufacturer’s Suggested Retail Price (MSRP). Retailer sets actual price. Owed on Trade-in The amount still owed on a trade-in vehicle. Term The duration of your loan or lease, usually measured in months (e.g. 48 months). Total Due at Lease Signing The total amount to be paid prior to or at lease signing or by delivery, if delivery occurs after lease signing. Trade-in Value The net value that your Infiniti Retailer will credit your current vehicle toward the purchase or lease of another vehicle. This amount may be negative if your current vehicle is worth less than the balance remaining on your current loan or lease.
Explanation of Credit Terminology
Payment results are estimates and are used for illustrative purposes only. Many variables will affect your monthly payment. This estimator is not an advertisement, solicitation, credit application or offer for any specific terms of sale price or credit and is not an offer for direct sale, financing or leasing. You should see your local Retailer for actual terms and conditions. See your Infiniti Retailer to help determine your actual monthly payments including title, taxes, license and other fees, based on the exact selling price, lease or financing terms, credit history, trade-in appraisal, down payment and special offers.
The above is how Infiniti Financial Services defines its credit rating ranges. Other creditors may define their credit ratings differently.
References to “loan” on this website refer to indirect lending originated by your participating Infiniti Retailer through Infiniti Financial Services.
Trade-in values obtained from Intelliprice are merely estimates. The precise value of your vehicle could differ from the initial estimate. The precise value of your trade-in could be higher or lower depending on the condition of your vehicle, equipment, and local market conditions.
The amounts entered above under “Optional Adjustments” impact Amount Financed, Capitalized Cost and final monthly payment. Maximum amounts vary by Lease or Loan product, Credit Score and Term. See Retailer for actual monthly payments.