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Nissan Maxima Lease Questions

600 messages,  Last post on Dec 05, 2009 at 1:11 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Nissan Maxima, Car Leasing, Sedan


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#21 of 600
Re: Info request... [gidoc] by Car_man HOST
Dec 20, 2005 (3:11 am)
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Replying to: gidoc (Nov 23, 2005 4:50 pm)

Here you go, gidoc. If you were to lease a 2006 Nissan Maxima SE through Nissan Motor acceptance Corp. right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00139 and 57%, respectively. The numbers for an otherwise identical lease of a 2006 Maxima SL should be .00161 and 57%.
 
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#22 of 600
Re: 2006 Maxima SE [surfahboy21] by Car_man HOST
Dec 20, 2005 (3:14 am)
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Replying to: surfahboy21 (Nov 23, 2005 6:10 pm)

Hi surfahboy21. Please see my previous post for info on this car's 36 month lease program. If you were to lease a 2006 Nissan Maxima SE through NMAC right now for 39 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00213 and 56%, respectively.
 
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#23 of 600
Re: Attn Car_Man: Can you look at these lease details? [jpetty] by Car_man HOST
Dec 20, 2005 (3:20 am)
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Replying to: jpetty (Dec 07, 2005 12:39 pm)

Hi jpetty. $100 over invoice is a good price for this car. The money factor that is being used to calculate your lease payment is only slightly higher than NMAC's buy rate money factor of .00161. If you are having your car's security deposit waived, this would explain why. If you are trying to keep your lease payment as low as possible, you would be better off paying a security deposit and using the lower money factor. Besides, you get the deposit back at lease-end, but you never get the extra money that you paid on your monthly payment back.
 
I wouldn't make the $3,000 down payment on this lease that you are considering if I was in your situation. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your Maxima would be exactly the same, regardless of whether you had put $1,600 down, or had made absolutely no down payment at all. You can always keep the money that you would have used as a down payment in the bank and use it to supplement or make some of your lease payments for you.
 
Overall, this looks like a good deal.
 
Car_man
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#24 of 600
Re: December event Lease rates [shepali] by Car_man HOST
Dec 20, 2005 (3:22 am)
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Replying to: shepali (Dec 11, 2005 8:10 pm)

Hey shepali. If you were to lease a 2006 Nissan Maxima SE through NMAC right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00139 and 66%, respectively. The numbers for an otherwise identical 36 month lease should be .00139 and 56%.
 
If you were to lease a 2006 Nissan Maxima SL through NMAC right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00161 and 66%, respectively. The numbers for an otherwise identical 36 month lease should be .00161 and 57%.
 
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#25 of 600
Re: Possibly leasing a Nissan Altima 3.5 SL - 4 dr today [bodridis80] by Car_man HOST
Dec 20, 2005 (3:23 am)
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Replying to: bodridis80 (Dec 19, 2005 9:22 am)

Greetings bodridis80. You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to work up a sample lease payment on the car that you are interested in for you if you let me know what its selling price is.
 
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#26 of 600
Nissan Lease by helobabe
Jan 06, 2006 (5:04 pm)
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I went to Dobbs Nissan and they gave me a quote on a 36 month lease with 12,000 miles a year at 490.00 dollars. I have lease through nissan 3 times in the past and I am just shocked at this price. My current lease is about to expire. It was a 4 year lease ( they stuck it to me last time )and I only have 32500 miles on it. The vehicle I want is 31565 msrp. How can I Keep from getting taken advantage of? Nissan has sent me a coupon waiving the security deposit.
Wlm
#27 of 600
Re: Nissan Lease [helobabe] by Car_man HOST
Jan 11, 2006 (3:54 am)
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Replying to: helobabe (Jan 06, 2006 5:04 pm)

Hi helobabe. The most important thing to do on the new vehicle that you are interested in is negotiate its selling price. Always remember that the selling prices of leased vehicles are negotiable, just as if you were paying cash for them. You may be able to find out how much you should pay for this car right now by visiting the following discussion: KarenS, "Nissan Maxima: Prices Paid & Buying Experience" #, 17 May 2001 7:46 am. Once you know what you want to pay for it, let me know and I will be happy to calculate what your monthly payment on it would be if you were to lease it through Nissan Motor acceptance Corp.
 
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#28 of 600
Nissan Lease rebate by mywave
Jan 18, 2006 (7:46 am)
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Does anyone know if the $1,500 Nissan rebate can be used towards a lease, or even to cover the aquisition costs?
#29 of 600
Is this Nissan Maxima SL lease for real? by phparekh
Jan 24, 2006 (1:34 am)
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I'm getting this offer from the Fleet/internet manager at a Southern California Nissan Dealer:
 
Getting a low price via a Vendor Vehicle Purchase Program wth Nissan on a 2006 Maxima SL loaded with Driver Preferred package and Nav System. MSRP is $34,240. I'm being offered at $29,532 + $795 Acquisition fee for total of $30,327which is the price after cash back and before taxes.
 
For a 12k miles, 36 month lease, at a residual of $17,805, the pre tax monthly payment amount is $439.31. The dealer has also agreed to pay 1st month's payment and the 1st year's liscense/registration fees. The "rate" on their lease computer printout is 1.90 which I'm guessing is Money Factor of .0019? Is this a great deal?
 
Parshad

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