Infiniti Finance: Services and Offerings
Infiniti Finance is a specialized service aimed at facilitating the purchase and lease of Infiniti vehicles. Known for its luxury vehicles, Infiniti offers a range of financing options to cater to different customers' needs, whether buying a new car, leasing, or refinancing. The primary objective is to provide flexible and competitive financial solutions that make owning or leasing an Infiniti more accessible and convenient.
Overview of Infiniti Finance
Infiniti Finance is the financial services division associated with Infiniti, a luxury vehicle brand owned by Nissan. It aims to make financing and leasing an Infiniti seamless by offering various financial products tailored to individual preferences.
Key Features of Infiniti Finance
Flexible Loan Terms: Customers can choose from a range of loan terms that fit their financial situation, providing options for lower monthly payments or shorter loan durations.
Competitive Interest Rates: Infiniti Finance offers competitive rates that can be customized based on credit profiles, making it easier to find a financing solution that fits the budget.
Leasing Options: There are multiple lease terms and mileage options available for customers who prefer leasing over purchasing.
End-of-Lease Services: Infiniti Finance offers services that help customers understand their options at the end of a lease term, such as purchasing the leased vehicle or upgrading to a new model.
Financing Options Offered by Infiniti Finance
Infiniti Finance provides various programs that cater to different customer requirements, such as new car financing, certified pre-owned vehicle financing, and lease buyouts.
New and Pre-Owned Vehicle Financing
New Car Loans: Customers can finance the purchase of a new Infiniti with terms ranging from 24 to 72 months.
Certified Pre-Owned (CPO) Financing: Infiniti's CPO program allows customers to finance vehicles that have undergone a comprehensive inspection. These come with warranties, making them a safer investment.
Lease Programs
Leasing through Infiniti Finance provides customers with an option to drive a new Infiniti vehicle every few years, typically with lower monthly payments compared to financing a purchase.
Standard Leases: Customers can choose from multiple lease terms (typically 24 to 48 months) with varying mileage allowances (10,000, 12,000, or 15,000 miles per year).
Low-Mileage Leases: This option is ideal for drivers who don't cover many miles annually and prefer even lower monthly payments.
End-of-Lease Options
When a lease term ends, Infiniti Finance offers several choices:
Lease Renewal: Customers can return the leased vehicle and lease a new Infiniti model.
Purchase Option: Buy the leased vehicle at the predetermined purchase price.
Lease Extension: Extend the existing lease term if more time is needed.
Infiniti Finance Online Tools and Resources
Infiniti Finance provides online tools that simplify the financing and leasing process:
Payment Calculator
The payment calculator allows customers to estimate monthly payments based on vehicle price, loan term, interest rate, and down payment.
Account Management
Infiniti Finance's online portal enables customers to manage their accounts easily, including making payments, reviewing payment history, and updating personal information.
The Advantages and Disadvantages of Infiniti Financing
Pros
Flexibility: The service offers various loan terms and leasing options that can be tailored to customer preferences.
Special Programs: Infiniti Finance may provide incentives for qualifying customers, including college graduates or military personnel.
Streamlined Process: Working with Infiniti Finance directly can streamline the purchasing or leasing process since all transactions are completed through Infiniti dealerships.
Cons
Credit Requirements: While flexible, Infiniti Finance does have credit score requirements that may affect interest rates or approval for certain programs.
Mileage Limitations on Leases: Standard lease agreements come with mileage limitations, and exceeding them can lead to extra charges.
Infiniti Finance Special Programs
Infiniti Finance offers special programs for eligible groups, including:
College Graduate Program
Designed for recent graduates, this program provides flexible financing options with possible incentives like deferred payments or competitive interest rates.
Military Program
Available to active-duty military personnel and their families, the military program provides special financing rates and discounts as a token of appreciation.
Loyalty Program
Infiniti rewards returning customers with exclusive offers, loyalty bonuses, and lease-end options for those who choose to finance or lease another Infiniti vehicle.
Leasing vs. Financing an Infiniti Vehicle
When to Lease
Lower Monthly Payments: Leasing typically offers lower monthly payments compared to financing a purchase.
New Vehicle Every Few Years: Leasing allows customers to drive a new model every few years without worrying about long-term maintenance.
Warranty Coverage: Most lease terms coincide with the vehicle's warranty, reducing out-of-pocket expenses for repairs.
When to Finance
Long-Term Ownership: Financing is ideal for those who want to own the vehicle outright.
Unlimited Mileage: Unlike leases, financing a vehicle means no mileage restrictions.
Building Equity: Over time, financing allows customers to build equity in the vehicle.
How Infiniti Finance Stacks Up Against Competitors
Compared to other luxury vehicle finance services, Infiniti Finance offers several distinct advantages:
Competitive Interest Rates
Infiniti Finance provides rates that are in line with or better than those of other luxury car manufacturers, making it an attractive option for customers looking for value.
Diverse Leasing Programs
The variety of lease options (including low-mileage leases) provides flexibility that some competitors may not offer.
Special Programs
Programs catering to military personnel, college graduates, and returning customers are a notable plus that adds extra value.
However, some competitors may offer more attractive lease incentives or a broader range of financing products for customers with unique financial situations.
FAQs
What Is Infiniti Finance?
Infiniti Finance is the financial services division of Infiniti, providing a range of vehicle financing and leasing options to customers.
Can I Lease a Certified Pre-Owned Infiniti?
No, leasing is typically available only for new vehicles. However, Infiniti Finance does offer financing for certified pre-owned vehicles.
What Happens at the End of My Infiniti Lease?
You have options to purchase the vehicle, return it, lease a new Infiniti, or extend the lease term.
How Does Infiniti Finance Compare to Other Luxury Car Financing Services?
Infiniti Finance offers competitive rates, flexible terms, and special programs that are comparable to other luxury vehicle financial services.
Is There a Loyalty Program with Infiniti Finance?
Yes, returning customers can take advantage of exclusive offers and incentives.
Can I Apply for Infiniti Finance Online?
Yes, Infiniti Finance provides an online application process that allows customers to get pre-approved for financing or leasing.
What Are the Mileage Limits for Infiniti Leases?
Standard leases come with mileage limits, typically 10,000 to 15,000 miles per year, but exceeding these limits can incur extra charges.
Can I Buy My Infiniti at the End of the Lease?
Yes, customers can purchase the leased vehicle at the predetermined buyout price.
Does Infiniti Finance Offer Refinancing?
While Infiniti Finance focuses on new and certified pre-owned vehicle financing, refinancing options may be available through third-party lenders.
How Do I Qualify for Special Programs?
Eligibility for special programs like the college graduate or military program usually requires proof of qualification, such as graduation within a specific timeframe or active-duty status.