Last post on Dec 10, 2013 at 5:25 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Nissan Maxima, Car Leasing, Sedan
#181 of 1378 Nissan Owner/Leasee Loyalty
Apr 02, 2007 (7:14 am)
Hello! I just recently came upon these forums and they have changed the way I look at cars! Thank you!
I have a 2004 Nissan Murano SL AWD.. pretty much loaded up. Its on a lease 400 a month... didnt put any money down, 15k per year, 42 months (52,500 miles total). I still have a year left on the lease, but am quickly approaching my mileage limit (ALREADY). The payoff is still around $23,000.
My question is, does Nissan offer any type of loyalty discounts or considerations when buying or leasing another Nissan vehicle? I'm thinking about getting into a Maxima and I think, taking my current vehicle out of consideration, I can lease a 2007 SE with drivers preferred for around $400 a month, $0 down, 15k per year for only 2 years. I've seen similar deals recently. The question is, is Nissan likely to let me turn in my lease early if I lease or buy another Nissan vehicle?! Or am I just crazy?! Haha. Thanks all!
#182 of 1378 My First Car - 2007 Maxima SE Lease
Apr 12, 2007 (7:27 pm)
Carman, I'd like to know your 2 cents on this lease deal. This is my first car.
2007 MAXIMA 3.5 SE 4DR CVT
Driver Preferred Package
Selling Price: $30,028.00
24 months, 15k miles
$399.05/month including tax ($370.35/month pre-tax)
$0 down payment
$1500.00 out of pocket = includes 1st months payment, acq. fee of $595, and registration fee of $???
It appears that the registration fee is close to $965???
Do you think there's more room to negotiate on the selling price? I don't know what the invoice price is on this car. This was based on an internet quote from the fleet manager. I have not directly negotiated the price on the phone yet.
Although I requested it, the fleet manager did not give me the money factor or residual percentage.
#183 of 1378 Re: My First Car - 2007 Maxima SE Lease [remedy]
Apr 17, 2007 (1:25 pm)
Remedy~ Let me know if your deal went down. I'm looking for something similar here in my state, but the dealers are playing hard. Brian
#184 of 1378 Re: My First Car - 2007 Maxima SE Lease [remedy]
Apr 18, 2007 (6:25 am)
My guess is they are hiding a capital cost reduction in the registration fee number. Probably around 650 or so. He probably did that to get you below $400. Whats the odds his numbers came out to 399 on their own! Did you ever mention wanting to be under 400? The deal sounds decent, you could probably negotiate away most of the 965. Or ask for another 30 off the monthly, and meet in the middle somewhere.
OR MAYBE...it was an "honest" mistake or misunderstanding? Perhaps the 965 includes the tax UP FRONT. So if you pay 399 the 965 would be reduced by almost 700 dollars. Call him and ask about the tax first, to be sure..Otherwise try to beat it down a bit more until/unless you are happy!
#185 of 1378 Re: SE Lease question [99rams]
Apr 19, 2007 (1:22 am)
Hey Gary. Here's the information that you're looking for. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2007 Nissan Maxima SE with 15,000 miles per year are .00016 and 63%, respectively. The numbers for an otherwise identical 36 month lease are .00115 and 53%. As you can see, Nissan is really pushing two year leases of Maximas right now.
Prices Paid Forum
#186 of 1378 Re: Lease payment for 07 SE with Nav, Drivers pack, Loaded [toddr3]
Apr 19, 2007 (1:25 am)
Hi toddr3. This car's lease payment will vary depending upon what its full MSRP and selling price are. I would be happy to use Nissan's current lease program to estimate what your payment would be like on this car right now if you provide me with these two numbers. You can look up the MSRP of the model that you want by visiting the following section of this site: Edmunds.com - New Vehicle Pricing. You should be able to get an idea of what sort of selling price you will have to pay by visiting the following discussion: "Nissan Maxima: Prices Paid & Buying Experience". Let me know what the prices are and I'll crunch some numbers for you.
Prices Paid Forum
#187 of 1378 Re: How does 1,500 rebate apply to Lease? [azzazzello]
Apr 19, 2007 (1:36 am)
Greetings azzazzello. Unfortunately, what you were told is correct. The $1,500 customer cash that Nissan is currently offering on the 2007 Maxima is not compatible with its special lease program. Having said that, when the dealer told you that 42 month leases of the Maxima are the best value right now, they definitely were not correct. Nissan is really pushing 24 month leases of the Maxima SE at this time. Its money factor for 2 year leases of the Maxima SL is still the best deal, but it is not nearly as attractive as it is for the SE model. Its 42 month lease program is not very good.
Let's work up a couple of sample lease payments on the car that you are interested in for you and see what we come up with. According to my calculations, if you were to lease an '07 Maxima SL that has an MSRP of $30,900 and a selling price of $27,000 through Nissan Motor Acceptance Corp. right now for 24 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $363. The payment for an otherwise identical 42 month lease should be around $401. As you can see, two years is definitely the way to go with the Maxima this month.
Prices Paid Forum
#188 of 1378 Re: Nissan Owner/Leasee Loyalty [eurocarlov]
Apr 19, 2007 (1:38 am)
I'm glad that you have found these discussions so helpful, eurocarlov. Unfortunately, Nissan usually does not provide any owner loyalty incentives that I am aware of on its vehicles. It will likely be pretty expensive for you to get out of your current lease a year before its scheduled end date.
Prices Paid Forum
#189 of 1378 Re: My First Car - 2007 Maxima SE Lease [remedy]
Apr 19, 2007 (1:42 am)
Greetings remedy. The 2007 Maxima SE that you described has a dealer invoice price of around $30,500, so the selling price that you were quoted is an outstanding deal. As steevo mentioned, I suspect that there may be some fluff hidden in your deal, perhaps in the registration fee, that is allowing this dealer to sell you the car for below dealer invoice. Even if there is $500 hidden in there somewhere, this is still a good price. I don't think that there is much room left to negotiate it. Make sure that the dealer that you are working with uses Nissan Motor Acceptance Corp.'s current 24 month buy rate lease money factor of .00016 to calculate your monthly payment and you're in business.
Prices Paid Forum
#190 of 1378 New May lease money factors and residual numbers?
May 03, 2007 (8:56 am)
looking to possibly lease a new SE... has the money factor rate and residual changed for the month of May? Car_man mentioned as of 4/19/07, they were .00016 and 63% respectively.