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Nissan Maxima Lease Questions

584 messages,  Last post on Nov 03, 2009 at 5:12 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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#311 of 584
Re: December Lease Programs [zman16] by zman16
Dec 16, 2008 (6:48 pm)
Reply

Replying to: zman16 (Dec 16, 2008 1:09 pm)

"A dealer told me that the MF on a 09 Maxima SV has dropped to 00208 on 39mos 12/k per year leases. "
 
Dealer was lying..... imagine that. The MF is still 00258. Anyway, I'd still like to know the residuals. Does the residual change on a 39mos vs 36 mos.
 
Thanks again
#312 of 584
Re: December Lease Programs [tiger93] by Car_man HOST
Dec 29, 2008 (3:18 am)
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Replying to: tiger93 (Dec 10, 2008 5:05 pm)

Hi tiger93. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 39 month lease of a 2009 Maxima SV with 15,000 miles per year are .00258 and 57%, respectively.
 
I don't believe that Nissan is currently providing any bonus cash on this car.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#313 of 584
Re: December Lease Programs [zman16] by Car_man HOST
Dec 29, 2008 (3:23 am)
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Replying to: zman16 (Dec 16, 2008 6:48 pm)

You're right, zman16. To the best of my knowledge, Nissan has not enhanced its lease program on the Maxima. NMAC's current buy rate lease money factor and residual value for a 39 month lease of an '09 Maxima SV with 12,000 miles per year are .00258 and 58%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#314 of 584
2009 maxima lease by 3rdGO350
Dec 29, 2008 (10:57 pm)
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Hi fellas, I've been reading the posts and getting alot of very useful info so thanks. I wanted to ask though... I got an offer from an Ohio dealership on an 09 maxima SV with premium pkg & prem. tech pkg for $35,800 b4 tax. With $4,000 down the lease payments are $458 total(includes tax,etc) a month for 39 months and 12,000miles/yr. Is this a good offer? I appreciate all suggestions. Once again thanks.
#315 of 584
Re: 2009 maxima lease [3rdGO350] by Car_man HOST
Jan 09, 2009 (2:48 am)
Reply

Replying to: 3rdGO350 (Dec 29, 2008 10:57 pm)

Hi 3rdGO350. Let me begin by saying that $4,000 is way too much money to put down on a lease. I always advise consumers not to make any sort of capitalized cost reduction when leasing. Those who make one risk losing part or all of it if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, you will be much better off going with a zero down lease.
 
As far as how good a deal this is goes, the best way to evaluate a lease is to look at its selling price, It's great that you already know what that is. All we need now is something to compare it to. Do you know either this car's full MSRP or dealer invoice price? If so, let us know and I am sure that myself or another knowledgeable community member will be happy to give you their opinion. If not, you can look it up over in the New Vehicle Pricing section of this site.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#316 of 584
Nissan SV lease deal by fa6664
Jan 20, 2009 (7:40 am)
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I wanted to run this number by the group to see what others are getting on similar vehicles. In the Indy area, Maxima SV with bluetooth only, 39 months, 15k/year, $0 down except first payment, at $469 month, which includes 6% sales tax.
 
Anyone else receive similar numbers? I've been working over the phone with the dealership that I have typically leased with in the past. So this is their first offer, but I'm going to stop by and go over the numbers in detail with them.
 
Just haven't seen much on this board on other lease offers in a while.
#317 of 584
by lexi72
Jan 20, 2009 (3:26 pm)
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need advice. been shopping for 09 maxima sv w/sport package. best offer so far is $486 down , $486 per mo. / 39 mos. Is this the best I can do, or should I shop around more than just 2 dealers.
#318 of 584
09 Maxima SV Sport 01/20/09 by njshorewill
Jan 20, 2009 (7:49 pm)
Reply
I negotiated a "purchase price" of $33,260 for a Maxima SV w. Sport PKG, Mats & Splash guards. MSRP $35,335. Price gotten from Consumers report was $32,170 after $750 Dealer Incentive. Holdback amount is $602.00.
 
Lease terms $425/mo, 39 mos, 15K miles. $4,400 down, including 1st mo, payment. Dealer is also paying the final month on plus damage charges (Bullsh*t) on my current lease ($550).
 
Residuals are 55% and .00226 Money Factor.
 
The numbers sit OK with me on the deal, after the $550, their profit is about $145.
Reviewing paperwork, numbers don't match to negotiations. Going to Void deal until I get this straightened out.
#319 of 584
09 Maxima SV Sport 01/20/09 by njshorewill
Jan 20, 2009 (8:32 pm)
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Oh yeah, I also got Free Scheduled Maintenance for the life of the lease.
#320 of 584
Short Credit History Problem - Trick or Fact? by cmanoli
Jan 21, 2009 (7:00 pm)
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*** I'd really appreciate a response to this since I'm supposed to go in and make a deal with the salespeople. ***
 
I live in LA. I went in today asking for a Nissan Maxima 3.5SV with Sport and Technology Package to lease. They checked my credit score and it was 648. Then they said I don't have enough credit history (basically about 2 years) and that it's a problem.
First they said a lease is out of the question. Then the whole "let me get the manager" trick happened and they said a lease would be possible if I put a down payment. Then they asked how much I'd be willing to put down and I first refused to answer then eventually I said a maximum of 4K.
Then they proceeded to say they'll call me tomorrow with an answer if a lease is possible. I asked if they even have the kind of car I want in the colors I want in the inventory and they checked for 2 seconds on the phone with someone and said yes, but they didn't offer to show me the car or anything.
So I left and tomorrow I have an appointment with a different dealership.
 
Now, is this credit history issue a trick or is it legitimate? I've had that problem with renting an apartment where they required a down-payment but on rent, my down-payment is actual months of rent.
 
if I MUST put down a down-payment what's the highest amount I should go for?
And also, if the car online goes for 38,105, what's the lowest amount I could negotiate for, in your opinion?
 
It's my first time leasing a car so I don't want to be swindled.
Thanks in advance for any speedy answers to this!

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