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Last post on Apr 27, 2013 at 10:41 AM
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Nissan Maxima, Car Leasing, Sedan
#1241 of 1361 Going Back to Dealer Tomo
by nissanowner15
Jan 13, 2012 (8:48 am)
Hi All,
I would appreciate your experienced help. I live on Long Island in New York.. I currently have a leased 2009 Nissan Altima and my lease ends in October 2012. I have been receiving offers from my Nissan Dealer about giving in my current lease and getting me in a new car. So I went in and see what the deal was, and when I got there I explained that I was only interested in what the offer stated which was, I could turn in my car and avoid a down payment and get into a new car. So I stated I want the Nissan Maxima with similar features (I have the 2009 Nissan Altima SL) and stated I wanted to pay no more than 360 a Mo. and not have to put anything down. I said I would pay the first mo and the fees and DMV or whatever. So basically after going for a test drive and being there for like an 1hr and ½ the sales person was like I think we can do this let me talk to the manager. So when he comes back he says the best we can do is 3,500 down and 400 a mo. I started laughing and then stated you have just wasted my time when I clearly stated what I could do. The manager came over and said I’m sorry but we would be losing money on this deal. I said no problem but why did you waste my time and not just tell me this upfront. He called me a couple days later and said I’m going to keep your file and when we can do something that is possible we will contact you. So 2 months later I get a call from the sales person saying they can work something out. Sorry for the long winded explanation but here is the deal. A 2011 Nissan Maxima 39 Mo lease, 15K miles, It is the model with everything but GPS. They said they can do 359 a mo. and I would only pay first month and DMV fees or w/e, so what do you guys think about this. Should I not trade my lease in early, and if it is okay to do it then does this seem like a reasonable deal. Also, what do you have to pay when you get a lease meaning. Is it just DMV fees, I feel like they are going to try and sneak some bank fee or something which the sales person mentioned. When leased the last car I’m pretty sure it was like 250-300 for the initial stuff. So what exactly should I have to pay? Like fees? Bank fee? DMV? Taxes?
Sorry for my probably, not very clear question but if someone could give me an idea of what they think of this and answer the couple questions I raised.
I really appreciate it, I don’t want to walk into the dealer clueless and get screwed. I would like to go in there and know exactly what I should be stating.
Thank you!
#1242 of 1361 Re: Going Back to Dealer Tomo [nissanowner15]
by ahashmi
Jan 13, 2012 (9:18 am)
This is for the 2011 Maxima with Premium Package?
#1243 of 1361 Re: Going Back to Dealer Tomo [ahashmi]
by nissanowner15
Jan 13, 2012 (9:33 am)
Yes
#1244 of 1361 Re: Going Back to Dealer Tomo [nissanowner15]
by ahashmi
Jan 14, 2012 (11:12 pm)
if $359/mo includes monthly tax, then its a pretty good deal. You'd prolly be spending about $1200 in DMV and acquisition fees and all.
If the 359 does not include sales tax, I think you can negotiate more. check out legendleasing.com, it gives you a bench mark of where you should be at least.
hope it helps
#1245 of 1361 Re: Going Back to Dealer Tomo [nissanowner15]
by ahashmi
Jan 14, 2012 (11:16 pm)
And the fees should be $595 acq fee, dealer doc fee (no more than $300), first month payment, Registration fee, license plates, tire tax (NJ at least), and that should be it I think.
#1246 of 1361 Maxima 2012 Limited Edition Package
by desigator
Jan 17, 2012 (1:12 pm)
Hello Car Man,
I got a price quote of $26,901 (excluding taxes & fees) for a 2012 Maxima S with a Limited Edition Package. Can you tell me how much I should expect to pay for a lease deal with zero down? My credit is pretty decent and in the mid 700 range.
When I contacted the dealer, they wanted me to get the advertised $279/mth deal for 39 months with $2999 down. I am sure they can do better but that's what they said upfront.
Can you please tell me the RV and MF for a 36/39 mth lease with 12,000 miles. Also, what do you and others think, should be a decent payment for this car valued at $26,901 (plus taxes & fees) with zero down? Having this knowledge will help me negotiate a better deal, thanks!
#1247 of 1361 Re: Maxima 2012 Limited Edition Package [desigator]
by zamo
Jan 17, 2012 (1:21 pm)
36 Month – Residual 58% of MSRP – .00109 Base Rate
Looks like you are at at $360 plus tax plus inception fees with $0 cap cost reduction.
#1248 of 1361 Re: Maxima 24 month lease rates [dbwc]
by Car_man HOST
Jan 19, 2012 (4:47 pm)
You're very welcome dbwc. I'm glad that everything worked out well with the TL.
NMAC's buy rate lease money factor and residual value for a 36-month lease of a 2011 Maxima 3.5S with 15,000 miles per year are .00059 and 50%.
Car_man
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#1249 of 1361 Re: 2012 Maxima premium, Tech package [shermar76]
by Car_man HOST
Jan 22, 2012 (11:12 am)
Hi shermar76. I'd go with the cheaper deal...just make sure to keep your eyes open so that they don't play any funny business. Especially make sure to double check the capitalized cost and money factor that are being used, though I suppose if your monthly payment and about due at signing are lower it doesn't really matter how the dealer got there.
Car_man
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#1250 of 1361 Re: 2012 Maxima SV Cold/Tech Pkg [coltrane1]
by Car_man HOST
Jan 22, 2012 (11:20 am)
Hi coltrane1. The money factor and residual value that you were quoted look good. Do you happen to know what selling price you are being charged? The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. this number will make it much easier for us to evaluate your deal.
Car_man
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