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Nissan Armada Lease Questions

136 messages,  Last post on Nov 02, 2009 at 2:42 AM

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What is this discussion about? Nissan Armada, Car Leasing, SUV

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#100 of 136 Early lease termination by centerice20 Nov 26, 2007 (5:58 pm)
I have an 05 Pathfinder with 6 payments left. I'm under mileage and the truck in in perfect shape, I want to move into a loaded 08 Armada LE, any idea how early Nissan will let me terminate?? Replies to this message: sbuhler (Nov 27, 2007 3:48 am)
#101 of 136 shouldnt be a problem by scottinky Nov 26, 2007 (8:48 pm)
since you are an existing leasee, you should be able to get out of it now. good deals to be had.
#102 of 136 Re: Early lease termination [centerice20] by sbuhler Nov 27, 2007 (3:48 am)
Replying to: centerice20 (Nov 26, 2007 5:58 pm) I would recommend that you call Nissan Credit (if that is who the lease is through) and get a payoff quote (you can also do this online). The dealer can payoff your trade based upon this payoff quote - it really does not matter that it is a lease. I would also post information about your vehicle in the real-world trade in values section of the carspace auto forums on edmunds to get a realistic trade in value (in addition to kbb and edmunds TMV). There is a possibility that your vehicle is worth more than the trade in value (especially at the end of the lease).   Sam
#103 of 136 It worked by centerice20 Nov 30, 2007 (8:08 pm)
I had 6 payments left on my 05 Pathfinder and went to my local Nissan dealer. They were more than willing to pay off the lease and get me into a loaded 08 Armada LE for more than $10k off sticker. Love the new truck but alot to learn with all the new toys! Replies to this message: pmtre (Dec 02, 2007 2:37 am) centerice20 (Dec 02, 2007 2:15 pm) pmtre (Dec 03, 2007 5:52 am) mmoreno1978 (Dec 26, 2007 7:13 pm)
#104 of 136 Re: It worked [centerice20] by pmtre Dec 02, 2007 (2:37 am)
Replying to: centerice20 (Nov 30, 2007 8:08 pm) That seems like a great deal! What was the MSRP of the 08 LE? What were the remaing payments on the Pathfinder? Did you end up buying or leasing? Where was the dealer?   Thanks in Advance,   Tom Replies to this message: centerice20 (Dec 02, 2007 2:15 pm) pmtre (Dec 03, 2007 5:52 am)
#105 of 136 Re: It worked [pmtre] by centerice20 Dec 02, 2007 (2:15 pm)
Replying to: pmtre (Dec 02, 2007 2:37 am) Sticker was $52,290 paid $42,150 after the $4500 rebates. I had 6 payments of $345 left on the lease and they paid off the truck to Nissan as well. I ended up buying this time because I hated watching the odometer. So fay I love it, lots of cool toys!!! Replies to this message: pmtre (Dec 03, 2007 5:52 am)
#106 of 136 Re: It worked [centerice20] by pmtre Dec 03, 2007 (5:52 am)
Replying to: centerice20 (Dec 02, 2007 2:15 pm) Thanks for the reply! That's an amazing deal. Do you know what the residual on the pathfinder was? I wonder if the dealer thought there was some equity there and bought the lease out to resell?   Tom
#107 of 136 Any View by dowzamp Dec 10, 2007 (3:14 pm)
Hi   Relatively new to this negotiating game and just wanted to see if anybody had a view on the following:   4 x 2 LE with a MSRP of $46,170 inv: $41,878 Capital: $44,133 (inlcudes $2,850 of payments on existing lease, 6 months early due to near max miles) Money factor: 0.00140 Residual: 52% 39 month, 15k pa Down $1,000 including first month Monthly: $634.57 plus tax   I'm sure I can do better but the dealer keeps claiming that the current $4.5k rebate is only for sales rather than leases etc.   Thanks for any views Replies to this message: sbuhler (Dec 10, 2007 4:18 pm) dowzamp (Dec 10, 2007 5:09 pm)
#108 of 136 Re: Any View [dowzamp] by sbuhler Dec 10, 2007 (4:18 pm)
Replying to: dowzamp (Dec 10, 2007 3:14 pm) Just wanted to give you my opinion. The $4,500 rebate will not be allowed with the NMAC money factor and residual value. You could use the rebate and then go through an independent bank (but most probably the money factor will be much higher and the residual value will be a lower percentage). The only concern I have is your existing lease. What type of vehicle is it? I would recommend getting a payoff quote on your current leased vehicle. I would also recommend posting your leased vehicle in the real-world trade in values to see how much it is worth. I would be interested to know what your payoff value is compared to the trade-in value. I would think that about $5,000-6,000 off of the MSRP is all you are going to get if using the NMAC buy-rate money factor and residual value. Replies to this message: dowzamp (Dec 10, 2007 5:09 pm)
#109 of 136 Re: Any View [sbuhler] by dowzamp Dec 10, 2007 (5:09 pm)
Replying to: sbuhler (Dec 10, 2007 4:18 pm) Thx for the info. The existing leased vehicle is a 2005 Infinit FX35 (zero down, 39 m lease with 12k pa - I'm at 38k and the lease terminates in July). 6 payments of $475 (inc tax) left. end of lease residual = $24911.60. Pay off value = 27,461.28 and KBB trade value = $24685.   Both old and new lease thru NMAC

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