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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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#372 of 600
Re: Can mfg. cash incentive be applied to cap reduction for lease? [jps1010] by Car_man HOST
May 04, 2009 (2:12 am)
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Replying to: jps1010 (Apr 16, 2009 4:36 am)

Hi jps1010. Unfortunately, the customer cash incentive that you referred to cannot be combined with Nissan's special lease program. Having said this, Nissan is running a behind the scenes dealer stairstep program this month that I am sure dealers will be anxious to hit. Basically this program provides dealers who hit their sales targets with at least $1,000 dealer cash per unit. As you can imagine there's a lot of incentive for dealers to try to hit their number. As a result, I suspect that dealers will be very aggressive with their Maxima pricing in May.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#373 of 600
Re: April/May rates [korey_k] by Car_man HOST
May 04, 2009 (2:17 am)
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Replying to: korey_k (Apr 23, 2009 7:29 am)

Hi Korey. Here's the information that you're looking for. You never mentioned how long you want to lease for or what mileage allowance you need, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different.
 
Nissan Motor Acceptance Corp.'s May buy rate lease money factor and residual value for a 36 month lease of a 2009 Maxima SV with 150,000 miles per year are .00108 and 55%, respectively.
 
Unfortunately, the customer cash incentive that you referred to cannot be combined with Nissan's special lease program. Having said this, Nissan is running a behind the scenes dealer stairstep program this month that I am sure dealers will be anxious to hit. Basically this program provides dealers who hit their sales targets with at least $1,000 dealer cash per unit. As you can imagine there's a lot of incentive for dealers to try to hit their number. As a result, I suspect that dealers will be very aggressive with their Maxima pricing in May.
 
These programs are scheduled to run through June 1st. It is difficult to say what Nissan's June program will be like at this point.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#374 of 600
Re: Maxima Deal [carbuyer56] by Car_man HOST
May 04, 2009 (2:26 am)
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Replying to: carbuyer56 (Apr 28, 2009 4:47 pm)

Hi carbuyer56. I completely agree with traindriver. You definitely should be able to do better than a $900 dealer discount on a 2009 Maxima right now. If I was in the market for this car, I personally would shoot for a couple hundred dollars over dealer invoice and see what happens. You can look up the invoice price of the exact car that you want over in the New Vehicle Pricing section of Edmunds.com.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#375 of 600
Re: Good Deal? [zooch76] by Car_man HOST
May 04, 2009 (2:28 am)
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Replying to: zooch76 (May 01, 2009 7:40 pm)

Hi zooch76. You never mentioned this car's selling price. The selling price is one of the most important numbers to find out when leasing. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how much of a dealer discount you are being given. Let us know what it is and either myself or another knowledgeable community member will be happy to give you their opinion of this deal.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#376 of 600
Lease Question by cinci5313
May 04, 2009 (1:08 pm)
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Car_Man, or anyone else:
 
Looking at an 09 Maxima SV with prem+tech, splash guards, spoiler, floor mats with charcoal interior and black exterior (kind of rare here in the Midwest). I’m working with the sales manager and here were his numbers:
  
MSRP: $39,600
Sale Price: $37,200
Down: $3000
Monthly Pmt: $426 (incl. tax)
Residual: 56%
Money Factor: 0.00108
  
The sales manager said he is getting the car at $36,000 and only making $1,200 because of the options and colors on the car. Is this true and do you think I can push him down further on the sales price? I was at least shooting for additional $600 off to $36,600, which is what Edmunds TMV has for my area (Cincinnati).
 
Thanks for the help!!
#377 of 600
Maxima Fully Loaded by an414666
May 04, 2009 (6:46 pm)
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Purchased the Maxima SV w/ Premium package + Premium Tech package.
The car came with a spoiler, floor mats and slash guards. Although I would have preferred to get the standard model and build from there you don't have that option.
MSRP: $39,600.00
Bought for $32,995 which included the $1250.00 rebate.
I also purchased the extended warranty. For those who may not know, Nissan's extended warrany comes with a money back gaurrantee that means if you don't ever use it, you get your money back. Its also transferable if you sell the car.
List price for the 6yr. 75K mile bumper to bumper warranty is $1750.00
I got it for $1449.00.
#378 of 600
Good deal? by mhupp2
May 05, 2009 (4:11 pm)
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I would like to hear from people regarding whether I'm getting a good deal on this offer:
2009 Maxima SV (Mystic Jade and Charcoal) w/Cold Pkg., splash guards and mats
MSRP: $34,300
Negotiated price: $30,956 ($475 under invoice)
55% residual; money factor of .00108
In addition, they have offered to take another $150 off the price to help cover my last payment on my current Maxima lease. This should pay my payment (39 months, 12,000 miles/yr.) at around $410/mo. (nothing down, TTL included) The only issue I have is whether I should wait until June to see if the deals get any better. What do you all think?
#379 of 600
Good deal on 2009 Maxima sv? by rc064
May 06, 2009 (4:46 pm)
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Hi,
 
I am close to leasing a 2009 Maxima SV with a MSRP of $37,355. The dealer(new Jersey) is somewhere around $420 a month with 1500 down and an allowance of 15,000 miles.
 
I want it for $400 a month, am I being unreasonable?
 
Thanks
#380 of 600
Re: Good deal on 2009 Maxima sv? [rc064] by njshorewill
May 06, 2009 (8:13 pm)
Reply

Replying to: rc064 (May 06, 2009 4:46 pm)

$420 a month for an SV Sport of Premium WITH Technology, and only $1,500 down?!? How long of a term?
 
I'm paying $435 for my SV Sport - no Nav, 39 months, 18K miles. I put down $4,700. Got it in January.
 
What dealer are you working with? Got mine in Red Bank, and that was squeezing every dime out of them and them some (they are good people tho'..Got my '05 Maxima at Pine Belt..NIGHTMARE would never deal with them again!)
 
The money factor was .0028, I know it around .0018 now, but it wouldn't make that much of a difference. Sound too good to be true. If the $420 includes tax 39 months, I'd grab it!
#381 of 600
Hows this?? by krom12
May 07, 2009 (12:58 pm)
Reply
09 Maxima S Dealer initial offer: (Ohio)
 
15K
39 month
Net Cap Cost $29,500
Residual 56%
MF .00108
$382/month w/taxes
Only first payment down
 
Is this good? I am goin to make an offer on Net Cap Cost of around $29,000 which should bring the payment down to $367/month w/tax. Is that reasonable?

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