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Infiniti Coronavirus Financial Relief and New Car Incentives

The world as we know it is almost unrecognizable in the midst of the global shutdown caused by the spread of the Coronavirus. The automobile industry is experiencing the largest drop in auto sales in the history of our nation. Historically, March has statistically been the best month for auto sales in the calendar year. But sadly, this will not be the case this year. The Coronavirus is the “silent enemy” that has swept from one side of the globe to other; causing major upheaval and uncertainty across all sectors of the economy.

Infiniti Coronavirus Financial Relief and New Car Incentives

Infiniti, the luxury division of multinational automaker Nissan North America, (NNA) was equally distressed by the onset of the pandemic. Infiniti first debuted in the United States in 1989 and has forged a name for itself with intrinsic styling, progressive technology, and exhilarating driving experiences. Infiniti is helping to manage the crisis at hand by developing solutions to help its employees and customers. The automaker is also joining numerous other auto brands by contributing to the growing number of Coronavirus car payment plans to new and existing customers.

Infiniti Customer Relief Programs - Find the best deals!

Infiniti understands that the COVID-19 virus may be causing financial hardships for their customers. Due to this unprecedented epidemic, Infiniti is recommending that any purchaser or lessee that financed their vehicle through Infiniti Financial Services (IFS) contact them directly by phone at 1-800-627-4437, or via the Lease Customer Network at 1-800-887-5155. Customers can also go online at www.infinitifinance.com where they can access their account and reach out to Infiniti regarding their eligibility for payment relief. Help and frequently asked questions can also be found at https://www.infinitifinance.com/ifs/help. Situations will be assessed for each individual and relief efforts will be extended on a case-by-case basis.

Infiniti is aware that many of its owners and lessees who may be in need of financial support did not finance their vehicle or lease through IFS. Customers should directly contact their lender or leasing company to discuss their options for financial relief. Most lenders are assisting with numerous forms of payment relief. Infiniti asks its customers to practice patience through this process, as their call centers are experiencing high call volumes. However, the auto brand remains committed to helping provide assistance to its employees, partners, and customers through the colossal economic upheaval caused by the Coronavirus.

 
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Infiniti New Car Incentives - Find the best deals!

Infiniti revealed an offer to help incentivize new customers with a 3-month deferred payment option and up to an additional 2-month payment relief program for well-qualified purchasers and lessees on select 2020 Infiniti models. They are also advertising offers for well-qualified purchasers or lessees that include 1.9% APR financing up to 72 months on 2020 Q50, 2.9% APR for up to 72 months on the 2020 Q60, and 0.9% APR up to 60 months on the 2020 QX80.

Infiniti advises its customers to reach out to their local dealership for questions regarding the most current offers available for new purchasers or lessees. You may also inquire about modified business hours for the sales and service departments. Customers also have the option to go online to www.infinitiusa.com to complete the entire purchasing process from the comfort and safety of their own homes.

Infiniti Factory Closures - Find the best deals!

Infiniti and Nissan (NNA) produce over 1 million vehicles a year and employ over 22,000 employees, with 17,000 manufacturing jobs. Over 10,000 of these hourly employees are currently furloughed due to the decision that was reached on March 20th to cease production in all of Infiniti’s North American and European production plants.

While the automaker initially hoped to resume operations in mid-April they along with all other U.S. auto manufacturers have announced they will remain shuttered through the end of April while abiding by national shelter-in-place orders. Additionally, Infiniti has also taken action by deep cleaning its facilities keeping its essential employees safe by introducing new safe distancing protocols and allowing remote working situations when possible.

Infiniti Economic Outlook and Sales Forecast - Find the best deals!

On February 26th, 2020, Moody’s Investor Service lowered the global auto sales forecast based on reduced demand and auto supply disruption. They have since changed their initial prediction from a 0.9% drop in sales to a 2.5% drop in 2020, based on the economic destruction being dealt out by the Coronavirus. Currently, they are looking at a 12% total sales drop, in comparison to the 8% decline witnessed during the recession in 2008.

J.D. Power released a statement regarding its 2020 outlook of 16.8 million U.S. light-vehicle sales, an outlook that was calculated before the globe was ground to a halt because of COVID-19. Due to the substantial strain the virus has put on the entire economy, it is no longer feasible to realistically attain these figures. J.D. Power expects sales to likely fall in the range of 14 to 16 million units due to the growing recovery efforts ahead due to the Coronavirus.