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Nissan Maxima Lease Questions

286 messages,  Last post on Aug 25, 2008 at 3:02 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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#89 of 286
Re: Newbie, Help Please!!! [erik7] by tristan1
Jul 16, 2006 (8:08 pm)
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Replying to: erik7 (Jul 16, 2006 7:35 am)

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.
#90 of 286
Re: deal or not? [dpwillis2401] by Car_man HOST
Jul 17, 2006 (3:09 am)
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Replying to: dpwillis2401 (Jun 28, 2006 1:46 pm)

Hi dpwillis2401. A base '06 Maxima SE has a spread of just under $2,400 between its full MSRP and dealer invoice prices. You are being given a discount of nearly $4,000 on this car. Obviously, this is an outstanding price. The lease program that you mentioned was for June. NMAC's new 36 month, 12,000 mile peer year lease program for this car is .00004 and 51%. If you can get this price combined with the current lease program, you are getting a heck of a deal.
 
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#92 of 286
Re: If anyone needs any help !!!!!!!! [katiebrake] by Car_man HOST
Jul 17, 2006 (3:16 am)
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Replying to: katiebrake (Jun 28, 2006 6:57 pm)

Greetings katiebrake. I would be happy to give you an idea of what this car's lease program should be like. It would be a big help if you would provide me with an MSRP and approximate selling price for this car first. Let me know and I'll run some calculations for you.
 
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#93 of 286
Re: RESIDUAL & MONEY FACTOR [lm_cincy] by Car_man HOST
Jul 17, 2006 (3:21 am)
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Replying to: lm_cincy (Jul 07, 2006 3:18 am)

Hey lm_cincy. If you were to lease a 2007 Nissan Maxima SL through Nissan Motor Acceptance Corp. right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00238 and 53%, respectively. As you can see, Nissan has already had to introduce a little lease support on this car. It is difficult to say when it will increase its level of support for the '07 Maxima. A lot will depend upon how well it sells with its current lease program.
 
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#94 of 286
Re: Do you have the July numbers Car_man?? [hartt] by Car_man HOST
Jul 17, 2006 (4:23 am)
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Replying to: hartt (Jul 07, 2006 8:37 pm)

Hi Tim. If you were to lease a 2006 Nissan Maxima SE through Nissan Motor acceptance Corp. right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00004 and 52%, respectively. This car's 39 month, 15k numbers should be .00147 and 51%. The numbers for a 36 month, 15k lease of a 2007 Maxima SE should be .00238 and 52%. This car's 39 month program should be .00285 and 51%.
 
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#95 of 286
Re: HELP with Numbers please [rwalkeredmund] by Car_man HOST
Jul 17, 2006 (4:27 am)
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Replying to: rwalkeredmund (Jul 12, 2006 7:37 pm)

Help is on the way, rwalkeredmund. Nissan's lease program for this car varies depending upon how long one leases for. Right now, the 36 month term is the most attractive for this model. If you were to lease any 2007 Nissan Maxima through Nissan Motor Acceptance Corp. right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00238 and 52%, respectively. You may be able to find information on what sort of selling price you should expect on this car by visiting the following discussion: "Nissan Maxima: Prices Paid & Buying Experience".
 
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#96 of 286
Re: Maxima SE Lease [bowski77] by Car_man HOST
Jul 17, 2006 (4:34 am)
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Replying to: bowski77 (Jul 13, 2006 10:17 am)

Hi bowski77. Nissan is not currently providing any sort of dealer cash or lease cash on the 2006 Maxima. So if you are really able to get this car for $300 under dealer invoice, you are getting a heck of a good deal. The reason why you were quoted a higher money factor is you are doing a sign and drive lease. Nissan will waive its security deposit requirement on leases, but only in exchange for an increase of .00015 in your vehicle's money factor. When this increase is backed out of the money factor that you were quoted, we get the .00004 factor that you are looking for.
 
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#97 of 286
Re: Newbie, Help Please!!! [val06] by Car_man HOST
Jul 17, 2006 (4:38 am)
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Replying to: val06 (Jul 15, 2006 2:52 pm)

Welcome val06. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
There's nothing wrong with trading a vehicle in when leasing a new one, however you would be much better off having the dealer that you are working with cut you a check for your trade rather than using the proceeds from it as a down payment on you new lease. I say this because consumers who make down payments on leases risk losing their money if their vehicles are totaled in an accident or stolen and never recovered. In order to tell whether the deal that you were quoted is attractive, I really need to take a look at this car's MSRP and selling price. Find out these numbers and I'll analyze this deal. Talk to you soon.
 
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#98 of 286
Re: Nissan Maxima: Lease Questions [Car_man] by cmsw03
Jul 17, 2006 (8:41 am)
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Replying to: Car_man (Aug 31, 2005 5:04 pm)

I currently have a 1994 Maxima and want to upgrade to a 2006 SE. I found one I would like, but am thinking about a lease (I've never leased a vehicle). Any help you could offer would be greatly appreciated. The info below is the dealer's offer for me to buy...
 
2006 Maxima SE
w/ Drivers Preferred Package
Sticker: $33,345.00
Dealer's best price & $1500 rebate: 30,282.00
Price incl Ohio Tax & Title: $32,484.83

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