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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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#399 of 600
Re: actual new deal on lease... [cinci5313] by caraddict2
May 15, 2009 (10:24 am)
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Replying to: cinci5313 (May 15, 2009 10:05 am)

Invoice
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
#400 of 600
Re: actual new deal on lease... [caraddict2] by caraddict2
May 15, 2009 (10:36 am)
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Replying to: caraddict2 (May 15, 2009 10:24 am)

can the Incentives & Rebates -$1,250 be used toward a lease?
#401 of 600
Re: actual new deal on lease... [caraddict2] by cinci5313
May 15, 2009 (10:56 am)
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Replying to: caraddict2 (May 15, 2009 10:36 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 600
Re: actual new deal on lease... [caraddict2] by cinci5313
May 15, 2009 (11:06 am)
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Replying to: caraddict2 (May 15, 2009 10:24 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 600
Residual and Money Factor by carrerah
May 21, 2009 (11:33 am)
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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.
#404 of 600
Re: Residual and Money Factor [carrerah] by cinci5313
May 21, 2009 (12:31 pm)
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Replying to: carrerah (May 21, 2009 11:33 am)

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 600
Re: Residual and Money Factor [cinci5313] by carrerah
May 21, 2009 (2:54 pm)
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Replying to: cinci5313 (May 21, 2009 12:31 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 600
Re: Residual and Money Factor [carrerah] by njshorewill
May 21, 2009 (6:37 pm)
Reply

Replying to: carrerah (May 21, 2009 11:33 am)

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.
#408 of 600
My deal . . . by tedr5
May 24, 2009 (3:22 am)
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I'll post my deal for those of you still shopping:
 
Maxima SV w/premium, splash guards and mats
 
39 mos./ 12K
 
MF .00108 / Residual 55%
 
MSRP: $37,355
Selling Price / Capital Cost: $32,622
Payment: $367.08
Payment w/ Pa. sales tax: $400.12
 
Out of pocket: Acquisition, 1st month & DMV

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