Last post on Sep 24, 2013 at 5:20 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Nissan Maxima, Car Leasing, Sedan
#80 of 1376 need Help in a hurry
Jul 05, 2006 (6:13 pm)
I am helping out a friend in Ohio who really needs our help He is looking for a
2006 Nissan Maxima SL
Splash Guards - 4-piece, body-color
Power Glass Sunroof
He filled out a Credit Application today and the dealer said they would honor the Money Factor that was valid through today for a few more days.
They said they will sell the car at $100 over Invoice no $1500 Rebate since it's a lease.
0 Down just normal drives which should be 600 or so I am guessing?
$29,273 Sell Price
Money Factor 000410
36 Months 12y/r
$387 a month if he puts down a security deposit.
not sure the residual, does anyone know?
Can someone help advise me if this is a good deal or what I can do to help him.
What are the new deals out on 7/6?
Thank you in advance for any help!
#81 of 1376 Re: need Help in a hurry [sandiegoshaun]
Jul 05, 2006 (8:49 pm)
Sandiegoshaun, that sounds like a great deal
to me. Good luck to your friend, and you're
a great friend to help out!
#82 of 1376 RESIDUAL & MONEY FACTOR
Jul 07, 2006 (2:18 am)
Does anyone know what the money factor is on the new 2007 SL?
Also, looking to find out the residual on a 36-month / 12K miles /year lease.
#83 of 1376 Do you have the July numbers Car_man??
Jul 07, 2006 (7:37 pm)
It looks like this is the month. I will be returning my Pilot the first week in August and would like to have another vehicle before then. There are several vehicles I am interested in so I will be posting questions on the boards of the vehicles I am looking at.
I would like to know the MF and residual on a lease for an '06 and '07 Maxima SE for 3 years with 15,000 miles a year. Could you also provide the 39 month program as well?
Thanks for your help Car_man.
#84 of 1376 HELP with Numbers please
Jul 12, 2006 (6:37 pm)
My wife is preapproved through NMAC for a tier 0 lease.
What is the MF and Residual for a 2007 Maxima Elite with 15k miles per year?
ALso, any recent selling prices for this car. My dealership plays game with in the F & I room and I cannot stand it.
PLEASE HELP. I need a car fast! and this seems to be about the only one my wife likes that I can afford!
Frustrated in GUlfport, MS
#85 of 1376 Maxima SE Lease
Jul 13, 2006 (9:17 am)
I just got qouted
Selling Price $26417
$15172 Residual Value
.00019 Money Factor
$371mo payments (tax included)
sign and drive( no money out of pocket)
now my credit is a little shady but I have a cosigner with golden credit. Is that why my money factor is this instead of the.00004 that i have seen?
Is this a good deal? Does Nissan have any lease cash that they are not disclosing? Let me know! They told me this was $300 under invoice.
#86 of 1376 Newbie, Help Please!!!
Jul 15, 2006 (1:52 pm)
Never leased before and was offered 15,500 on trade in and owe 10,700. 2006 Maxima was MSRP app. 32,800. 12,000 miles per year with a residual of 17,053, for 338 for 36 months. Is this what I should be paying. Don't know to much about leasing. Help, please!!!
#87 of 1376 Re: Newbie, Help Please!!! [val06]
Jul 16, 2006 (6:35 am)
Things people would need to know before we can offer you any help.
1. The residual percentage being used; this isn't negotiable and if you are using nissan financing, from my research, it should be 53% for a 36 month lease.
2. The money factor. Now this can be played with. The great news is that Nissan is offering a great money factor on 06s, .00004. Money factors are not interest rates, but to convert a mf to an interest rate, multiply the mf by 2400. In this case, this is a .7% rate. Practically no interest!!!
3. Are you putting you positive trade in money as a down payment? I don't recommend putting money down on leases. If you are putting down $5000, that's probably not a great price.
Also, be aware that there is a $1500 factory to consumer rebate on 06 Maxima's according to Edmunds. I don't know if it's included in leases, but I think it should be.
I'm about to buy an 06 or 07 Max. For the 06, if I can find the car I want, my MSRP is $35,805 and the invoice is $32,447. But remembering there is a rebate, the invoice is actually $30,947. If I can get a dealer to agree to that price, I calculated my payment to be $357/month. I would be paying at signing, the bank fee (or acquisition fee), any dealer fees, and of course the first payment. So basically, I'm not putting a down payment on the vehicle, just paying fees at signing.
Compared to your deal, I'm only paying $19 more a month for a more expensive car and not putting down roughly $5000. So I'd say you're not getting a great deal.
Go here to learn more about leasing.
#88 of 1376 Re: Newbie, Help Please!!! [erik7]
Jul 16, 2006 (6:37 am)
Forgot to mention, my payment includes 7% NJ sales tax. Without tax, the payment is $334. I don't know if your payment of $338 included your state tax or not.
#89 of 1376 Re: Newbie, Help Please!!! [erik7]
Jul 16, 2006 (7:08 pm)
Just wondering how did you come up $357 a month for a $31k without any down payment? I just bought my 06'SE driver preferred pkg. premium audio and Nav. MSRP $35,345. I paid $30,050. I put $10k as down payment with 4% APR and my monthly payment is $398.