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You are in the Prices Paid - Buying & Leasing Experiences
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Nissan Maxima, Car Leasing, Sedan
#1262 of 1376 Maxima S Lease
Feb 13, 2012 (8:27 pm)
Hi Car Man,
I am new to this forum. I been reading the posts getting ready to lease a Nissan Maxima. I got a quote today for a basic 2012 Maxima S. The MSRP is $33,835.00. 39 Month lease, 12k miles. It is $1,850 up front which includes MVC fees, Bank and Doc Fee, First month payment. The payment is $299 a month including the 7% NJ sales tax. Does this look like a decent deal. I need to go back to see how much of the $1,850 goes to CAP reduction.
I just saw the post for Legend Leasing. Looks like my payment is good, but I could knock $500-$600 off the up front costs.
Thanks for you help
#1263 of 1376 Re: Maxima S Lease [mr_t0ad]
Feb 26, 2012 (9:12 am)
Welcome mr_t0ad. It always pays to find out what selling price you are being charged for the vehicle that you are interested in. The selling prices of leased vehicles are negotiable, just as if you were paying cash or financing. Without the selling price, it is much more difficult to tell how large a dealer discount you are being given and in turn if there is any room left to negotiate. Let us know what the selling price is and we'll tell you what we think.
When negotiating your deal on this car, make sure to take the $1,000 cash incentive that is currently available on leases of it in your area into account.
Prices Paid: Buying & Leasing Experiences Forum
#1264 of 1376 Maxima March Lease Rates
Mar 08, 2012 (6:18 pm)
Do you have information regarding money factor & residual values for both 2011 & 2012 Maxima SV? I am looking for a 39 months, 12,000 miles lease. Thanks for your help.
#1265 of 1376 2012 Maxima President's Day Lease Special
Mar 12, 2012 (5:35 am)
I recently leased a 2012 Nissan Maxima 3.5S with Limited Edition Package over the President's Day weekend. I think I got a fairly good deal.
MSRP - $33,695
Sales Price - $27,936 (After lease rebate of $1,000 and holiday bonus of $500)
MD Tax - $1,778
Tags - $272
Dealer Processing Fee - $199
Residual Value - 57%
Money Factor - 0.00104
Term - 39 months / 15k miles per year
Out of pocket cash - $1,200
Monthly Payment - $328
#1266 of 1376 Re: 2012 Maxima President's Day Lease Special [khuzbuz]
Mar 12, 2012 (7:38 am)
Did your out of packet cash include your first month's payment? Or did you have to pay $1200 down plus first month's payment?
Also, I am in MD too. Can you please tell me the name of the dealership? I am also looking to lease 2012 Maxima with the Limited Edition Package.
Your deal sounds good and I wouldn't mind going to the same dealership for a similar deal.
Thanks in advance.
#1267 of 1376 Re: 2012 Maxima President's Day Lease Special [desigator]
Mar 12, 2012 (9:08 am)
The $1,200 is total out of pocket to cover 1st month's payment, any other charges that needed to be paid upfront. I assume the tax gets rolled into the life of the lease.
I went to Herb Gordon in Silver Spring. I worked out the deal through email and then showed up for the test drive and to complete the paperwork. I was at the dealership for less than 2 hours.
#1268 of 1376 Re: 2012 Maxima President's Day Lease Special [desigator]
Mar 12, 2012 (10:27 am)
i'm located in a different state... so this all might be pointless, but from what I can see this "sale price of ~$27,000" doesnt seem to be possible. also, what tax % do you guys in have in MD? according to what I have here (i work at a Nissan Dealer) ~$1,700 in sales tax on this vehicle equals ~13%. again unless stuff is calculated drastically differently between Ohio and MD
Mar 12, 2012 (10:33 am)
I recently got a 2012 Premium/Technology car in NY. MSRP 40K the lease payment came out to $375 with $1200 due at signing which included my first month, bank fee, and dmv fee. At first I wasn't sure about it but I called the broker and I got the car. I shopped around and I was getting $390-395... Actually really nice guy, found him on swapalease and he responded quickly to the emails and I was really shocked at the process.
#1270 of 1376 Re: 2012 Maxima President's Day Lease Special [khuzbuz]
Mar 12, 2012 (10:34 am)
for march in my region (OH) money factor is .00087 on any MAXIMA S. You didn't get a "fairly good deal": you got an insane deal. your sale price is $500 below dealer holdback! well done, they must have been desperate! tip: look out for Nissan Lease Loyalty in Feb. or Aug. 3 years from now... nissan will waive your remaining payments, waive $500 wear and tear, and also give you an extra lease loyalty rebate (right now it's an extra $1,000)
#1271 of 1376 Re: 2012 Maxima President's Day Lease Special [khuzbuz]
Mar 12, 2012 (11:06 am)
Thanks for that info. I also emailed the same dealership and they quoted me a similar deal. So this is good to know that they are offering a comparabale deal. I had visited a couple more dealerships here in the greater Baltimore area and their Internet prices were only good on the Internet. When I visited them, their typical story was "oh that includes all rebates/incentives and not everyone qualifies for all rebates."
So basically the price they showed online was about $2000 less than what they were actually selling the car for. I read Herb Gordon's reviews on dealer rater and emailed them. They actually surprised me and made an offer via email and it was very close to the internet price.
Thanks again for the info, when I'm ready to buy I also plan to visit Herb Gordon.