Last post on Dec 10, 2013 at 5:25 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Nissan Maxima, Car Leasing, Sedan
#908 of 1378 Lease Incentives - Buy Before August or wait?
Aug 26, 2010 (5:20 pm)
CarMan, or anyone with insight-
My current Nissan lease is up in 4 months, and Nissan is offering current lessees the opportunity to turn in leases within 3 months of termination and not be responsible for the last 3 payments, so long as we get into another Nissan.
My question is: Do I jump on the incentives that Nissan's offering right now (a total of $3000 cash that expire at the end of August) and eat 1 payment or do I wait and hope that the incentives are either the same or better in September?
Is there any historical information that shows what month is better one way or the other? Is Nissan sitting on a lot of 2010 inventory (specifically of the Maxima) that they want sold?
#909 of 1378 Re: Lease Incentives - Buy Before August or wait? [eagle40b]
Aug 27, 2010 (5:41 am)
You won't get the full incentives on a lease. Depending on state, $500-$1500.
I've asked Car_Man for the total in Georgia, I think it's $1000.
#910 of 1378 Re: Lease Incentives - Buy Before August or wait? [eagle40b]
Aug 29, 2010 (5:43 am)
I took adavantage of this program. I got the $3000.00 lease incentive. I was able to get an 2010 SV for $331.00 p/m (taxes and fees included) with $500.00 down, 39 months 12,000 miles per year. I got the car in July. Here is some basic info the car:
#911 of 1378 Re: Lease Incentives - Buy Before August or wait? [carz]
Aug 29, 2010 (11:34 am)
Carz, what was the Cap Cost (sell price) that you agreed upon? Also, do you remember what the residual value was and what the money factor was?
#912 of 1378 would love a reality check
Aug 30, 2010 (10:02 am)
Went in to see about a lease on a 2010 Maxima. Loved the car. We wanted the SV with the premium package. They only had cars with premium and tech. We don't want nav but like the premium package. They tried to get us to take a car with the cold package and monitor. The interior is not as nice and some of the creature comforts we really like but they told us that most cars didn't come with the premium package w/o nav. I think it's probably not true but it probably is a very popular car and they don't have any left. The sales guy would not do a locate.
After doing the math (would not answer my specific questions about residual and money factor they came up with monthly payments that were too high on both models.
I'm done with that dealer and moved on to another who will do a locate and tell me all of the numbers. They even told me on the phone what the final price could be which is very deeply discounted. Confirmed that the customer cash is $1750 but I saw another $500 on Edmunds. Wonder what that is? They haven't called me back yet. I imagine this car is hard to find.
So am I realistic to think that I could lease this car for 39 months for under $400 a month if I pay all fees up front like tax, bank and 1st?
I see some other folks have gotten pretty decent deals.
If not maybe this is just too much car for me. My calcs based on what I think the numbers could be come really close.
#913 of 1378 Re: would love a reality check [smarten]
Aug 30, 2010 (11:36 am)
You should be able to lease this car for under $400 with only the first payment due at signing. We bought this exact car at the end of July. See post #886.
#914 of 1378 Re: would love a reality check [midastouch]
Aug 30, 2010 (1:42 pm)
Thanks midas-I guess the difference is NY and July vs August. That is a ton of cash off the msrp. That is exactly the deal I want however they made it impossible to do anything without answering my questions. Still haven't heard from the other dealer yet and of course they said that I would have to seal the deal by tomorrow. Well, I can't drop everything if they aren't getting back to me. I assume that if they still have the car Tuesday, they will have it Wed and if they want to get rid of it they will do what they have to do.
Thanks for confirming what my imaginary numbers said.
#915 of 1378 latest lease on '10 SV Premium, Tech & navi
Aug 31, 2010 (6:22 pm)
First time leaser & thank you all for your posts. I came across this site last night & read every post from the last couple months.
Per your advise I got the dealer to give me a $4k check for my 02 passat trade - with the gap insurance included, why take on the risk of a big down payment right.
Here are the terms:
2010 premium pkg with technology & navi, mats & guards (paddle shifters & zenon came with it), bought 9750 extra miles for 18k/yr.
Gross cap $35,663.50
Cap reduction $2414.77 (told me there was a $2k rebate)
Adj cap $33,248.73
Cash our of pocket $850
Term 39 mo
#916 of 1378 Labor Day Lease Specials
Sep 01, 2010 (8:34 pm)
Are there any special lease incentives for Labor Day. I noticed dealers are advertising deals lower than August. Also, is .00047 and .52% still good for a 2010 SV for 15K/39 months. Any idea what the current lease incentive is?
Sep 03, 2010 (2:56 pm)
Can you please tell me the money factor and residual for September for a Maxima SV for 39 months and 12K miles.