Last post on Dec 12, 2013 at 4:25 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Nissan Maxima, Car Leasing, Sedan
#398 of 1381 Re: actual new deal on lease... [caraddict2]
May 15, 2009 (10:05 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.
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.
#399 of 1381 Re: actual new deal on lease... [cinci5313]
May 15, 2009 (10:24 am)
National Base Price
A note about advertising fees
for Zip Code Change - -
U03 Sport Technology Package
L92 Floor Mats/Trunk Mat $
B94 Splash Guards
K92 Trunk Sub-Floor Organizer
Color Adjustment - - $0
Destination Charge $720 $720 $720
Total with Options $36,330 $33,151 $33,515
Incentives & Rebates -$1,250
Customer Cash Adjusted True Market Value $32,265
#400 of 1381 Re: actual new deal on lease... [caraddict2]
May 15, 2009 (10:36 am)
can the Incentives & Rebates -$1,250 be used toward a lease?
#401 of 1381 Re: actual new deal on lease... [caraddict2]
May 15, 2009 (10:56 am)
Unfortunately no, the rebate cannot be used on a lease. Only on a purchase when financing is done outside of Nissan Financing.
#402 of 1381 Re: actual new deal on lease... [caraddict2]
May 15, 2009 (11:06 am)
That's a little different than the previous set of numbers. The price went up by about $1k. However, with the Sport Technology Package you also have to add the Sport Package as well.
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.
#403 of 1381 Residual and Money Factor
May 21, 2009 (11:33 am)
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?
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.
#404 of 1381 Re: Residual and Money Factor [carrerah]
May 21, 2009 (12:31 pm)
It's 55% for a 39 month, 12k/yr lease. I believe it is the same residual value no matter the model/packages included on the Maxima.
#405 of 1381 Re: Residual and Money Factor [cinci5313]
May 21, 2009 (2:54 pm)
Thanks for the info. I guess the special is the 39 month lease, vs 36. Always a bummer for warranty and registration purposes, I guess. I'll have to look up the duration of warranty.
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.
#406 of 1381 Re: Residual and Money Factor [carrerah]
May 21, 2009 (6:37 pm)
I don't know what the residuals are, but the Sport Package has a MUCH stiffer ride than the base model (WAY stiffer than my '05 SE). Be sure to compare rides before you sign on the dotted line.