1362 messages,
Last post on May 26, 2013 at 12:47 PM
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Nissan Maxima, Car Leasing, Sedan
#1130 of 1362 The offer I got on a 2011 Maxima 3.5sv
by saabtastic
Jun 29, 2011 (7:21 pm)
Hello everyone,
I was offered a 2011 Sports 3.5SV Loaded w/ everything but NAV from a local Nissan Dealer.
39 mo lease.
15k miles per year.
Includes Oil Changes.
Includes all Illinois Tax (entire lease is taxed at full amount in Illinois)
Note* With my Altima as a trade I get a 17k tax credit.
$0 down, includes plates and everything 1st payment due.
$439 a month * 39 what do you think ?
Is this good or is their money left on the table, I figure there is about $1200 in taxes in the lease going to the state of IL. The car stickered for 38ishk, but I am releasing from Nissan and I thought he said their was some incentive money.
Is this a worthwhile lease ?
I was thinking about putting $2500 down to get pymt to $375.
He tells me the promotion ends Tommorow (Thursday) so I am curious what do you think ??
#1131 of 1362 Re: Maxima S lease [srx2870]
by saabtastic
Jun 29, 2011 (7:24 pm)
Nissan is very fair with lease returns, I returned a 350z with 50k miles and the rims had some good scratches around the outer edges on a scale of 1-10 I would say the front wheels were about 1 being mint condition 10 being horrible they were about 4s. And it had a convertible top with what looks like a small knife slit, and they did not say anything (I was sure they were going to say something). I did have new tires on it as it needed it. All in all they were very nice throughout the whole lease.
Thanks
Brian
#1132 of 1362 Re: The offer I got on a 2011 Maxima 3.5sv [saabtastic]
by srx2870
Jun 29, 2011 (9:19 pm)
I think you can do better. Try using truecar.com or amex zag to find out the car price at your area and plugging all the numbers in lease calculator to figure out the payment. 39 mos, 15k sports package should have a 56% residual and the money factor is 0.00092 i think.
#1133 of 1362 Re: Maxima S lease [saabtastic]
by srx2870
Jun 29, 2011 (9:21 pm)
Thanks for the reply.. Now i am less worry lol. How much will a nissan wear and tear insurance cost? I believe the car will definitely get scratch since i live in NYC lol
#1134 of 1362 Re: Car_Man [rbatista3]
by ahashmi
Jun 30, 2011 (8:19 am)
Yup it includes taxes. Good Luck!
#1135 of 1362 2011 Maxima SV
by otoluva
Jul 02, 2011 (3:59 pm)
I just got an offer from my local dealer on a 2011 SV model with cold package, spoiler, mud flaps and mats MSRP $35400,
36 months
15k miles/year
$1500 total up front costs
$300 a month
Is it a good deal? Any input is greatly appreciated.
#1136 of 1362 Re: 2011 Maxima SV [otoluva]
by aces_full
Jul 02, 2011 (6:28 pm)
From what I can tell it sounds like a great deal, how much was the purchase price of the car (might be called the capitalized cost, I can't remember the exact terminology)?
#1137 of 1362 Re: 2011 Maxima SV [aces_full]
by otoluva
Jul 02, 2011 (7:04 pm)
Not sure , the salesperson did passively mention it but I didn't really catch it.
#1138 of 1362 Re: 2011 Nissan Maxima [tonyk]
by Car_man HOST
Jul 03, 2011 (12:07 pm)
Hi tonyk. It would be much easier to evaluate this deal if you were able to provide us with this car's full MSRP and selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for them. These numbers will make it easier to tell how large a dealer discount you are being given and in turn if there's likely any room left to negotiate.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1139 of 1362 Re: Lease question [srx2870]
by Car_man HOST
Jul 03, 2011 (12:13 pm)
Hi srx2870. Here's the new July program info for you. Nissan Motor Acceptance Corp.'s July buy rate lease money factor and residual value for a 36 month lease of a 2011 Maxima S with 12,000 miles per year are .00077 and 57%, respectively. I'm not sure if NMAC offers leases with only 10,000 miles per year on Nissan division vehicles, but if it does its 10k residual values would be 1% higher.
It looks to me like the dealer that quoted you such a high bank fee is trying to mark up NMAC's base fee to add additional hidden profit to your deal. NMAC's base acquisition fee is normally $595.
I have never returned a vehicle to NMAC, so I can't tell you what its end of term inspection process is like from a first hand perspective, but I can tell you that I have heard that they are reasonable.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum