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Nissan Maxima Lease Questions

598 messages,  Last post on Nov 25, 2009 at 9:08 AM

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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#246 of 598
Appreciation by rwalkeredmund
Feb 26, 2008 (12:15 pm)
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Because the info I got from this website on leasing a couple of years ago, when my wife's 07 maxima lease was stolen two weeks ago, we got $2000 from insurance AFTER paying the lease out! And we put ZERO money down on the lease. Not even first month. Nothing but taxes and title fee.
 
I am looking for the lease numbers right now for a 2008 maxima. She wants the same car and wants it FAST.
 
She is a tier 0, nmac credit preapproval. (This is her third car with them).
 
So I REALLY like this service and appreciate it.
 
Thanks for a speedy reply.
#247 of 598
Re: Got a nice deal on a Maxima SE... [aurelios] by Car_man HOST
Mar 11, 2008 (1:41 am)
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Replying to: aurelios (Feb 21, 2008 4:00 pm)

Congratulations on getting your new Maxima, Aurelio. I can't believe how much its lease payment has come down since it was first introduced. It is a heck of a nice car for just over $300 per month. Thanks for taking the time to share the details of your lease with everyone. Make sure to stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts in your recent dealer experience. Enjoy your new ride .
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#248 of 598
Re: Appreciation [rwalkeredmund] by Car_man HOST
Mar 11, 2008 (1:47 am)
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Replying to: rwalkeredmund (Feb 26, 2008 12:15 pm)

Hey rwalkeredmund. I'm glad that everything turned out so well for you after your car was stolen. Heck, if I could get two grand for having my leased car stolen I'd go park it in the street with the keys in the ignition right now . The lease payment for the new Maxima that you are interested in will vary depending upon a number of different factors, including its MSRP and selling price, how long you lease it for, and what mileage allowance you need. The best way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that gives you a price that you are comfortable with calculate your monthly payment using your car's buy rate lease money factor.
 
The market for new vehicles is pretty slow right now. If you are in an area that has a decent level of competition, you should not have any problem finding a dealer that will lease you a Maxima for a couple hundred dollars over dealer invoice and then subtract the $550 dealer cash incentive that is available on leases of this car. You can look up the invoice price of the exact model that you are interested in by visiting the New Vehicle Pricing section of Edmunds.com.
 
Once you arrive at a selling price that you are comfortable with, you need to make sure that the dealer uses this car's buy rate lease money factor to calculate your monthly payment. Nissan Motor Acceptance Corp.'s buy rate varies by term. Its current 36 month buy rate is .00016 for the '08 Maxima SE.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#249 of 598
Re: Appreciation [Car_man] by sagehen
Mar 11, 2008 (7:59 pm)
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Replying to: Car_man (Mar 11, 2008 1:47 am)

Car man,
You mention that the current 36 mo buy rate is .00016 is this for both 12k and 15K and what is the resid factor. Is the 24 mo lease a good deal right now?
#250 of 598
Re: Appreciation [sagehen] by Car_man HOST
Mar 12, 2008 (1:12 am)
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Replying to: sagehen (Mar 11, 2008 7:59 pm)

Hi sagehen. Money factors are the same, regardless of what mileage allowance you go with. NMAC's residual value for a 36 month lease of an '08 Maxima SE with 15,000 miles per year is 50%. If you were to lease with only 12,000 miles per year, the residual would be 1% higher. The 24 month money factor for this model is the same. A two year lease would obviously be shorter than a 3 year lease, but its monthly payment would be higher.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#251 of 598
2008 Maxima Lease by dfri
Mar 14, 2008 (8:45 am)
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Looking to lease a 2008 Maxima. Not sure if I should get the SE and get it with leather and Bose stereo. or SL. Those are the 2 options that we really want. No money down, 36-39 months and 20-25,000 miles
 
Was quoted $450 for an SE with leather, bose and power moonroof. Is this a good deal? And how do I know what a good buyout price is and price per mile if I go over 20,000?
 
Thanks for any help.
#252 of 598
2008 Maxima SL by orsakm
Mar 14, 2008 (9:09 am)
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I am currently attempting to negoatiate a lease on a new Maxima. The specific model I am negotiating is a 2008 MAXIMA SL Auto with: VDC, Moonroof, Platinum Edition, Navigation, Floor Mats. MSRP: $35,965
 
Based on the Current 39-month/12,000 mile lease special, I am showing NMAC is offering a money factor of .0016 and a residual value of 50%.
 
My question is, what would an appropriate money factor and residual value % be on a 24-month/12,000 mile lease?
 
My guess is same money factor, but a residual near 70%?
 
Thanks!
#253 of 598
Re: 2008 Maxima Lease [dfri] by dfri
Mar 14, 2008 (11:27 am)
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Replying to: dfri (Mar 14, 2008 8:45 am)

I should have added that the MSRP is $32,625
#254 of 598
Re: 2008 Maxima Lease [dfri] by skilled08
Mar 17, 2008 (10:09 pm)
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Replying to: dfri (Mar 14, 2008 11:27 am)

I just got one hell of a deal from Exton Nissan here in PA.
 
Loaded 08' Nissan Maxima SE MSRP 36,300 except the chrome wheel packgage.
 
12k /39 months....... $365 a month( plus $35 a month 9% PA tax)= $400.00
 
$500 out of pocket.
 
I think because the 09' redesign is coming out there really trying to push the Maximas off the lots.
 
I've done pretty well with car deals but this one is hands down my best yet.
I was getting quotes for Civic Si's for $340 plus tax.
#255 of 598
MF by eagles2
Mar 18, 2008 (5:24 pm)
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Am I looking at his correctly the MF is .00016 and residual 36m 15k is 50?

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