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Prices Paid: Buying & Leasing Experiences 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
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Replying to: caraddict2 (May 15, 2009 7:06 am) The MSRP is fine to know, but the important number is what you are paying for the car; the agreed upon selling price. That number and the money factor (.00108 or 2.59%) are the two most important numbers to know when figuring out if you have a good deal or not. A dealer can work to get you to whatever monthly lease payment you want. So, a monthly payment amount isn't necessarily indicative of a good deal. To get the interest rate on a lease you need to multiply the money factor by 24. You should be able to get at least close to invoice price on your SV, if not below it. So, let us know the selling price and we can go from there. |
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Cinci thanks.... here are the details MSRP $35,400 sale price $33,00 money factor .00108 lease payment 428.77 39 month lease end of lease buy out approx $19000 out of pocket down $334 for plates doc fees, taxes rolled into lease What do you think?
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Replying to: caraddict2 (May 15, 2009 8:54 am) I would need to know how you have your Maxima configured with accessories (premium, technology, sport, splash, spoiler, etc) to be able to figure out the invoice price and determine if you got a good deal or not, but I think you might be able to squeeze a few more dollars out of your dealer on the sale price. Only getting $2400 off MSRP seems a bit low. I would also use the Edmunds.com TMV (True Market Value) calculator to figure out the invoice price and what others in your area are paying for a similarly configured Maxima. http://www.edmunds.com/new/2009/nissan/maxima/101028157/prices.html I'm closing in on a black on black 3.5 SV w/ premium+technology, spoiler, splash, floor mats for $36k on an MSRP of $39,600, which is just about $30 over invoice. |
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Replying to: cinci5313 (May 15, 2009 10:05 am) National Base Price A note about advertising fees Regional Adjustment for Zip Code Change - - Optional Equipment U03 Sport Technology Package L92 Floor Mats/Trunk Mat $ B94 Splash Guards K92 Trunk Sub-Floor Organizer Color Adjustment - - $0 Not Sure Destination Charge $720 $720 $720 MSRP INVOICE Total with Options $36,330 $33,151 $33,515 Incentives & Rebates -$1,250 Customer Cash Adjusted True Market Value $32,265
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Replying to: caraddict2 (May 15, 2009 10:24 am)
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Replying to: caraddict2 (May 15, 2009 10:36 am) |
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Replying to: caraddict2 (May 15, 2009 10:24 am) I would say that if you could get at least $3,600 off the MSRP or below invoice then you will be doing fine. At that point, getting to your needed monthly payment is determined by how much you want to put down. Of note: be careful putting too much money down on a lease. If something were to happen and the car gets totaled then you are out the money you put down and have no car. |
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Hi all, Looks like the mf on the Maxima lease is .00108 - does anyone have the residual %s for a 12k mile per year lease? Also, do residuals vary by package, i.e., lower % with sport package, etc? Thanks! I drove a base model this morning and liked it - quite a bit. Seems like a solid car, with plenty of standard items for the money.
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Replying to: carrerah (May 21, 2009 11:33 am)
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Replying to: cinci5313 (May 21, 2009 12:31 pm) By the way, a base model in my area (N.CA) is going for about $7k below MSRP, inc. the $1250, which I know is only available for purchase transactions. Does that sound like good pricing? I'm assuming I can get below $299 per month, including tax, and without paying the $2999.00. |
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