Infiniti Finance Services - Financial Steps

Infiniti Financial Services (IFS) provides financing and leasing options for customers purchasing or leasing new or used Infiniti vehicles. It’s essentially the captive finance arm of Infiniti, meaning it’s owned by Nissan Motor Acceptance Corporation (NMAC), which is Nissan’s financing division, and designed to primarily support the sale of Infiniti vehicles.

IFS offers a range of products to cater to different customer needs and financial situations. These typically include:

Retail Financing (Loans): This allows customers to purchase an Infiniti and own it outright after making regular payments over a specified term. Loan terms generally range from 24 to 72 months. IFS often provides competitive interest rates and may offer promotional financing programs from time to time. The specific interest rate a customer receives depends on factors like their credit score, the loan term, and the current market conditions.
Leasing: Leasing allows customers to drive a new Infiniti for a set period (typically 24 to 48 months) without the long-term commitment of ownership. At the end of the lease, the customer can either return the vehicle, purchase it, or lease a new Infiniti. Leasing often entails lower monthly payments compared to purchasing, as the customer is only paying for the vehicle’s depreciation during the lease term. Lease agreements also come with mileage restrictions, and exceeding those limits can result in additional fees.
Pre-Paid Maintenance Plans: These plans allow customers to pre-pay for scheduled maintenance services, potentially saving money in the long run and providing peace of mind. They typically cover services like oil changes, tire rotations, and inspections.
Vehicle Service Contracts (Extended Warranties): IFS offers extended warranties that provide coverage beyond the manufacturer’s original warranty. These contracts can help protect against unexpected repair costs and provide added security for vehicle owners.

Applying for financing or a lease through IFS is generally done at an Infiniti dealership. The dealership’s finance department will collect the necessary information, such as credit history and income verification, and submit it to IFS for review. IFS will then evaluate the application and determine the customer’s eligibility for financing, the interest rate, and the loan or lease terms.

One of the benefits of using IFS is the convenience of handling both the vehicle purchase and financing in one place. Dealerships are familiar with IFS programs and can often tailor financing options to meet specific customer needs. Furthermore, IFS sometimes offers special financing deals or incentives that are exclusive to Infiniti vehicles, which can be a significant advantage. Customer service is also provided by the dealership and IFS representatives, helping address concerns about billing, payments, and account management. Customers can usually manage their accounts online through the IFS website or mobile app, making it easy to track payments, view account statements, and update contact information.

Before deciding to finance or lease through IFS, it’s always advisable to compare offers from other lenders, such as banks and credit unions. This ensures that you’re getting the most favorable terms and interest rate available. It’s also important to carefully review the terms and conditions of any financing or lease agreement before signing to fully understand the obligations and responsibilities involved.