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Nissan Maxima, Car Leasing, Sedan
#1265 of 1378 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 1378 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 1378 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 1378 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 1378 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 1378 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.
#1272 of 1378 Re: 2012 Maxima President's Day Lease Special [iburrows]
Mar 12, 2012 (11:11 am)
The sales tax in MD is 6%. Also 13% of 27,000 is 3,500 not 1,700. Don't know how you got 1,700 as 13%.
#1273 of 1378 Re: 2012 Maxima President's Day Lease Special [iburrows]
Mar 12, 2012 (12:10 pm)
Thanks for the heads up iburrows! That lease loyalty rebate is a significant amount! Hopefully, Nissan will come out with another great car within the next 3 years for me to stick with the brand.
I must admit I got a pretty good deal. I forgot to mention that I still owed 6 months of lease payments on my Acura that I traded in. The value Herb Gordon offered me, combined with the lease sales tax credit, made it a wash!
#1274 of 1378 Re: Maxima March Lease Rates [y2001]
Mar 15, 2012 (2:38 pm)
I sure do y2001. Nissan Motor Acceptance Corp.'s March buy rate lease money factor and residual value for a 39-month lease of a base 2012 Maxima SV with 12,000 miles per year are .00041 and 56%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a 2011 model are .00003 and 48%.
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