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Nissan Maxima Lease Questions

600 messages,  Last post on Dec 05, 2009 at 1:11 PM

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What is this discussion about? Nissan Maxima, Car Leasing, Sedan

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#51 of 600 Is this a good deal? by matt40 Apr 15, 2006 (11:27 am)
Car_man,   This forum is excellent and thanks for taking time to respond to so many people. I am posting a message here for the first time and I will try to give you all the info I have. Here is the deal I got going right now:   Nissan Maxima SL with Driver Preferred Package, Sunroof, and Navigation System in Columbus, Ohio:   MSRP: $35,145 Sales Price: $32,948 Money Factor:.00093 (possible typo from dealer) Residual: $18,627 36 payments: $459.00 (tax included in payment) Money Down: $1,000 Miles/YR: $12,000   So is this a good deal? I asked for 15,000 miles a year and I think I can get them to give me those miles if I push hard enough. What do you think? Car_man if you are out there HELP!   Thanks
#52 of 600 Money Factor and Residual for May = maxima se by toolpic May 03, 2006 (10:59 am)
looking to find the money factor and residual for 2006 maxima se automatic wiht the following, floor mats, truck mat, guards, rear spoiler and sunroof, i was told by one dealer the MF was .00051 with a 52% residual. 3 year lease / 15000 miles. does the MF change if it is a corporate lease?
#53 of 600 Is this a good lease? by justice2 May 05, 2006 (4:47 pm)
I was given this lease quote today for a 2006 Maxima SL, preferred pkg, nav system, power sunroof, etc.   MSRP $34,545 Sales Price $32,225 Money Factor 53% Residual $18,308 15,000 miles 36 months $476.00/mth payment $630.00 due at signing   I appreciate the help. Also my wife doesn't think I need the NAV. Is it worth the extra $1,800?
#54 of 600 Maxima SE June MF by tstraub Jun 07, 2006 (9:20 pm)
Car_man, We stopped by today to look at '06 Maxima SE. Salesman handed me MF sheet showing .00004(yes, four zeros) and residual of 52%(36 mos)for SE during June. With cap cost of $33,622.50 (invoice less $1500 rebate plus $2455 upside down trade)I calculate payment of $452.43 including 9.1% sales tax(WA state). MSRP is $36095 with freight, $35,490 without. Can you tell me if I'm calculating correctly? We weren't necessarily serious about a new car, esp being upside down in our car, but with a MF like that, I figured it would be advantageous to refi our negative equity at .10% for 3 years rather than keep paying 5.99% on ur loan - sounds like a great deal to me, pls check my numbers and advise. Really appreciate your expertise on this site. Replies to this message: Car_man (Jun 21, 2006 3:00 am)
#55 of 600 Maxima SE June MF by tstraub Jun 07, 2006 (9:21 pm)
Car_man, Sorry, forgot to say I assumed zero down on the above calcs, but can you tell me what my total drive off would be? Replies to this message: Car_man (Jun 21, 2006 3:56 am)
#56 of 600 Checking my deal by chachi1 Jun 15, 2006 (2:52 pm)
Car Man,   Just did a deal on 06 Maxima SE. Extra equip rear spol, mats,flaps. Leased 36 months $0 down and $400 per month including tax, first payment maid by dealer. Traded a 03 Jetta that was about a $800 in positive equity. Need some reasurrance that i didn't get raped. Thanks.   Chachi Replies to this message: Car_man (Jun 21, 2006 4:04 am) chachi1 (Jun 21, 2006 8:41 pm) Car_man (Jun 22, 2006 1:31 am)
#57 of 600 Re: Maxima SE June MF [tstraub] by Car_man HOST Jun 21, 2006 (3:00 am)
Replying to: tstraub (Jun 07, 2006 9:20 pm) Hi tstraub. The money factor that you were quoted for the Maxima that you are considering is right. It's pretty amazing, huh? I believe that Nissan enhanced it to its current level in mid-May. Unfortunately, the selling price that you are using to calculate this car's monthly payment is too low. Like with most of its models, Nissan's money factor on the Maxima is so low that it does not allow it to be used in conjunction with the customer cash that it is offering. So you cannot use the $1,500 to negotiate a lower capitalized cost for your lease.   Car_man Host Prices Paid Forums
#58 of 600 Re: Maxima SE June MF [tstraub] by Car_man HOST Jun 21, 2006 (3:56 am)
Replying to: tstraub (Jun 07, 2006 9:21 pm) Hi again tstraub. Let's estimate what your lease payment for this car should be like. According to my calculations, if you were to lease a 2006 Nissan Maxima SE with an MSRP of $36,095 and a selling price of $35,123 (invoice plus the $2,455 that you are upside down, but not including the $1,500 non-compatible customer cash), I estimate that your 36 month, 15,000 mile per year, zero down, pre-tax monthly payment should be around $457. With this lease, at signing you would have to pay your car's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 or $50 increment, a $550 acquisition fee, and any required state taxes or fees.   Car_man Host Prices Paid Forums
#59 of 600 Re: Checking my deal [chachi1] by Car_man HOST Jun 21, 2006 (4:04 am)
Replying to: chachi1 (Jun 15, 2006 2:52 pm) Hi Chachi. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.   Car_man Host Prices Paid Forums Replies to this message: chachi1 (Jun 21, 2006 8:41 pm) Car_man (Jun 22, 2006 1:31 am)
#60 of 600 Re: Checking my deal [Car_man] by chachi1 Jun 21, 2006 (8:41 pm)
Replying to: Car_man (Jun 21, 2006 4:04 am) Msrp of car =27900 w/ options and destination charge = 29065   Sale price = 28111.01 Acq fee = 550 DOC = 399.50 Total Gross Cap Cost 29060.51 Buy out at end is 15404.44   I put zero cash down, trade was a wash. 36 months 12k miles per year. first payment made in deal so 35 payments at 400 including tax. What do you think is a great deal in this scenario? Replies to this message: Car_man (Jun 22, 2006 1:31 am)

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