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Prices Paid: Buying & Leasing Experiences 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
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Welcome back andy2812. Here's the latest info that you are looking for. If you were to lease a 2006 Nissan Maxima SE through Nissan Motor Acceptance Corp. for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00121 and 64%, respectively. The numbers for an otherwise identical 36 month lease should be .00121 and 55%. Car_man Host Smart Shopper / Prices Paid Forums |
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Which car leases out better with comparable equipment. I am lookng for a 36 month 15,000 mile lease with NO CAP COST REDUCTION!! Second part, does it ever pay to lease with the plan to buy out the lease at the end. My reasoning is as follows: If you buy the car you own it if you like it or not. If you lease and love or hate the car, you have the option to give it back or buy it out. My plan is to lease the car for 3 years and then purchase it, (if we are in love with the car), for my son who will be 17 in 3 years. HarveyT
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I think you were helping me on a Mustang earlier and I appreciate it. I am now looking at a Maxima (for better bad weather handling). Do you know what the money factor and residual is on a 2006 Maxima SE (six-speed manual) with splash guards and floor mats from Nissan. MSRP is $32,295 and invoice is $29,364. I am hoping to get it for $29,500, but would like to know the details ASAP. Thanks. jsb5
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Replying to: andy2812 (Oct 22, 2005 5:30 pm) Can you please provide me with the money factor and residual for November for a 2006 Maxima SE w/o Navigation for both 24 & 36 months with 15K miles per year. Thanks again for your help
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Replying to: harveyt (Oct 25, 2005 9:06 am) Your logic about using a lease as an extended test drive is sound. If you like the car at the end of your lease, you can buy it. One of the best things about a lease is that if you feel as though its lease-end purchase price is too high, or you just don't like it, or your car has had reliability problems or been in an accident you can just walk away from your vehicle at the end of its term. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: jsb5 (Nov 02, 2005 9:10 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: andy2812 (Nov 11, 2005 6:27 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Car Man, Thanks in advance... I was hoping for current residual value and money factor on a 36 mo, 12k per year on the SE and SL. Much appreciated.
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Hey Car Man, I was wondering if I could get the most current money factor and residual value percentage for a 2006 Maxima SE, 12,000 miles a year, on either a 36 or 39 month lease. The MSRP for the exact model I want, in case it makes a difference, is 32,295. Thank you so much.
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Still waiting on the car to come in from the factory (next week sometime). I put down $250 to secure my name to the car when it comes in. Haven't signed papers yet, but here are the details of the deal we struck. '06 Maxima SL Bluetooth system Splash Guards Floor mats MSRP = $31,195 Cap Cost = $28617 (Invoice + $100) Lease Terms = 36 months/12K miles Residual = 58% Money Factor = .00176 Cash Down = $3000 Cap cost reduction (after fees and taxes on CCR) = $1682.44 Pre tax monthly payment = $324.85 After tax (9.1%) monthly payment = $354.41 Thoughts on my deal? I normally hate putting money down on a lease, but I really wanted to keep my payments at $350/month. Obviously I can still back out as I haven't signed any papers, so I'd love to hear feedback on this. I'm also interested in hearing about everyone elses's experience with dealer/NMAC fees and if they were able to negotiate any of them down. Here's the breakdown of why my cap cost reduction was reduced from $3000 to $1682.44. $3000 : Cash down - 354.41 : First month payment - 175.00 : License fee - 35.00 : Doc fee (basically a dealership filing fee) - 550.00 : NMAC lease admin fee - 203.15 : Tax on my down payment = 1682.44: Actual cap reduction Thanks!
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