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Nissan Frontier Lease Questions

39 messages,  Last post on Oct 10, 2008 at 3:27 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Nissan Frontier, Car Leasing, Truck


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#13 of 39
2006 SE 4X4 lease info by viper2
Dec 08, 2006 (11:07 am)
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Hi Carman.
 
I know this is a little last minute, but I am going to stop by the Nissan dealer tomorrow morning. I am looking at a 2006 Frontier SE Kingcab 4X4 with auto and power package.
 
What is the money and residual for a 3yr/45,000 mile lease? And, is there a security deposit required?
 
Thanks,
 
Peter
#14 of 39
Re: 07 frontier LE lease info [psusrah] by Car_man HOST
Dec 13, 2006 (3:16 am)
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Replying to: psusrah (Dec 07, 2006 9:29 am)

Welcome Sarah. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
Here is the specific information that you are looking for about this truck's lease program. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2007 Nissan Frontier King Cab LE 4WD with 12,000 miles per year are .00146 and 60%, respectively. The numbers for an otherwise identical 36 month lease are .00182 and 52%.
 
Let me know if you have any other questions.
 
Car_man
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#15 of 39
Re: 2006 SE 4X4 lease info [viper2] by Car_man HOST
Dec 13, 2006 (3:20 am)
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Replying to: viper2 (Dec 08, 2006 11:07 am)

Here's the info that you're looking for, Peter. Nissan Motor acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2006 Nissan Frontier King Cab SE 4WD with 15,000 miles per year are .00182 and 54%, respectively. NMAC charges a security deposit equivalent to vehicles' monthly payment rounded up to the nearest $25 increment at lease signing. It will waive its security deposit requirement in exchange for an increase of .00015 in the money factor that is used to calculate your vehicle's monthly payment.
 
Car_man
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#16 of 39
Re: 07 frontier LE lease info [Car_man] by psusrah
Dec 13, 2006 (2:41 pm)
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Replying to: Car_man (Dec 13, 2006 3:16 am)

Hi and thanks!!!
I have been reading leaseguide.com but I will definitely check those out.
.00146 money factor!!! Holy crap, I have been getting quotes of .00310 is that right??? for tier 1 credit??
#17 of 39
Re: 07 frontier LE lease info [psusrah] by Car_man HOST
Jan 22, 2007 (3:28 am)
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Replying to: psusrah (Dec 13, 2006 2:41 pm)

No problem, psusrah. A money factor of .00310 is way too high for a 2007 Nissan Frontier. Heck, that's worse than Nissan's standard lease money factor for consumers who qualify for your credit tier. Let me know if you have any other questions.
 
Car_man
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#18 of 39
Re: 07 frontier LE lease info [Car_man] by psusrah
Jan 22, 2007 (9:47 am)
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Replying to: Car_man (Jan 22, 2007 3:28 am)

That's strange about the money factor... I asked several dealers for a quote and I asked about the money factor. Almost all said .00310 right from NMAC. What's that about?
 
I am waiting too see if I get a new job before I make any purchase/lease decisions, but I still want a frontier.. but I don't want to pay that high of a rate. I feel I shouldn't have to.
 
Sarah
#19 of 39
07 Frontier SE Crew 4x4 by ddavy
Apr 10, 2007 (12:39 pm)
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Hi there,
 
Can anyone help: Is this a good deal:
 
Crew Cab 4x4 SE with value package
MSRP 24800
Selling price: 24000
Resid: 56%
39 months
Money Factor .00234
$991 total due at signing
$409 a month
 
This is a Cincinnati dealer
 
Thanks,
 
Darryl
#20 of 39
Re: 07 Frontier SE Crew 4x4 [ddavy] by Car_man HOST
Apr 20, 2007 (3:04 am)
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Replying to: ddavy (Apr 10, 2007 12:39 pm)

Hello Darryl. The truck that you described has a spread of around $1,800 between its full MSRP and its dealer invoice price. You are only being given a discount of $800 on it, which puts you at approximately $1,000 over invoice. I personally would want at least another $500 knocked off of this Frontier's price if I was in the market for it.
 
The money factor that you were quoted for this truck doesn't look quite right either. Nissan Motor Acceptance Corp.'s current buy rate for a 39 month lease of a 2007 Frontier Crew Cab SE 4WD is only .00190 with the payment of a security deposit at lease signing and .00205 with the deposit waived.
 
Try to negotiate a lower selling price and make sure that the dealer you are working with uses NMAC's buy rate money factor to calculate your monthly payment.
 
Car_man
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#21 of 39
07 Frontier SE Crew 4x4 longbed by fade123
May 01, 2007 (5:48 pm)
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Hey Car_man,
 
looking to lease 07 Frontier SE Crew 4x4 longbed automatic with SE value power package.
 
MSRP $27000.00
 
I need to know current money factor and Residual value. Also what would be a good sale price.
 
Thanks
mike
#22 of 39
Re: 07 Frontier SE Crew 4x4 longbed [fade123] by Car_man HOST
May 17, 2007 (3:08 am)
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Replying to: fade123 (May 01, 2007 5:48 pm)

Hey Mike. Nissan's lease program for this truck vary by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2007 Frontier Crew Cab SE 4WD with 15,000 miles per year are .00095 and 57%, respectively.
 
I am not intimately familiar with what the market is like for the Frontier right now, but one can usually get most Nissan products for pretty close to dealer invoice plus the pickup truck segment is very competitive right now, so I would shoot for a price that's as close to invoice as possible. You may be able to get an idea of how much you will have to pay by visiting the following discussion and checking out how much other community members have paid for similar trucks lately: "Nissan Frontier: Prices Paid & Buying Experience".
 
Car_man
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