Last post on Dec 11, 2013 at 7:05 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Nissan Maxima, Car Leasing, Sedan
#95 of 1380 Re: HELP with Numbers please [rwalkeredmund]
Jul 17, 2006 (3:27 am)
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 1380 Re: Maxima SE Lease [bowski77]
Jul 17, 2006 (3:34 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.
Prices Paid Forums
#97 of 1380 Re: Newbie, Help Please!!! [val06]
Jul 17, 2006 (3:38 am)
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.
Prices Paid Forums
#98 of 1380 Re: Nissan Maxima: Lease Questions [Car_man]
Jul 17, 2006 (7:41 am)
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
Dealer's best price & $1500 rebate: 30,282.00
Price incl Ohio Tax & Title: $32,484.83
#99 of 1380 Re: Newbie, Help Please!!! [tristan1]
Jul 17, 2006 (8:49 am)
Tristan, my payment is a lease price. Not a finance payment like yours, that's where the difference comes in.
And as CAR_MAN stated, the rebate is for "cash" buyers only, so my lease payment shot up to $396 with very little profit given to the dealer, wish me luck on getting this done!
#100 of 1380 Re: Newbie, Help Please!!! [erik7]
Jul 17, 2006 (2:50 pm)
Good luck on that one. 07' looks pretty nice.
#101 of 1380 Re: Nissan Maxima: Lease Questions [cmsw03]
Jul 18, 2006 (1:34 am)
Geetings cmsw03. 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.
The selling price that you were quoted for this car includes $1,500 customer cash, which unfortunately is not compatible with Nissan's special lease program for this model. When we back the $1,500 out of the price that you were quoted we come up with $31,782. The car that you described has a spread of around $2,900 between its full MSRP and dealer invoice price. You are being given a discount of $1,563 on it. If you are in an area that has a decent level of competition, I would not be surprised if you were able to beat this price. Stop by the following discussion for additional feedback on how much you should pay for this car: "Nissan Maxima: Prices Paid & Buying Experience".
Prices Paid Forum
#102 of 1380 Re: Nissan Maxima: Lease Questions [Car_man]
Jul 18, 2006 (4:14 am)
Thanks very much for the info. I did find the 10 steps article full of good pointers. I will be talking with the dealer again today and will check your site again for more suggestions. Thanks again!
#103 of 1380 Re: HELP with Numbers please [Car_man]
Jul 18, 2006 (12:55 pm)
36 months 15k/year buy rate is currently .00238 and 57% on the SE and SL.
#104 of 1380 Re: Nissan Maxima: Lease Questions [Car_man]
Jul 21, 2006 (9:46 am)
Hello again... I've received quotes from the dealer for a lease on the same vehicle I inquired about purchasing. I'd appreciate your thoughts/recommendations, please. He told me this is based on $500 over invoice, nothing on reserve. Thanks again for your assistance.
36 month lease
$950 fees due at signing
$419 per month