1361 messages,
Last post on Apr 27, 2013 at 10:41 AM
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Nissan Maxima, Car Leasing, Sedan
#947 of 1361 Desperate!!
by themrod
Nov 06, 2010 (2:10 pm)
Car man,
I have been trying to lease a nissan maxima sv with sport pack and rear view camera for a while now, my situation is not the best because I currently owe $12,300 on my hyundai tiburon 2007 with 54k miles on it, and I have only been offered 8500 for my car. I have been at different dealerships here in tampa florida but all of them have given me different amounts for my payment... I have AAA insurance prefered pricing so I can get the price of the car down to $32,500 from $38k. The options I have chosen are Maxima 2011 SV sport package, monitor package, splash guards, floor mats. Exaxtly the same at the dealer's tag......the payments they all have given me are all ok n the high 500's but I dont wanna be above $450 on a 36 month lease with 15k miles per year.....I know all this is a dilema, but the worst part is that my friend just got a premium maxima, no trade in no money down same tier one credit for same typw of lease, for $475 per month and the car was more than my aaa price and my upsidedown car together....
Pleasd help me....I dont know what to do and I want to get a car before year ends...
Thank u
#948 of 1361 Maxima 3.5 SV with Premium Package
by dabomma
Nov 07, 2010 (6:11 am)
Car_man - can you provide me the money factor, residual value, and incentives for a 2011 Maxima 3.5 SV with Premium Package on a 39mos / 52.5 lease in the Philadelphia PA area? Thanks!
#949 of 1361 Re: My experience [aces_full]
by edcrewguy
Nov 07, 2010 (6:56 am)
Taxes on the car were NOT rolled into the payments. Up front costs (taxes/fees) came to $3500.
#950 of 1361 Re: Desperate!! [themrod]
by Car_man HOST
Nov 07, 2010 (6:32 pm)
Hi themrod. The $3,800 that you are upside down on your Tiburon puts you in a difficult situation. If I was in your shoes, I personally would either drive the Tib until I was less upside down on it or pay for the negative equity out of my own pocket and start by lease on my Maxima with a clean slate.
Nissan is currently providing a total of $1,500 in cash incentives on the 2011 Maxima in certain areas. If I was in the market for one, I personally would shoot for a selling price of a couple hundred dollars over invoice minus all of the available cash incentives.
Car_man
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#951 of 1361 Re: Maxima 3.5 SV with Premium Package [dabomma]
by Car_man HOST
Nov 07, 2010 (6:34 pm)
Here's the information that you're looking for, dabomma.
NMAC's November buy rate lease money factor and residual value for a 36 month lease of a 2011 Maxima 3.5 SV Premium with 15,000 miles per year are .00028 and 50%, respectively.
In your area, Nissan is currently providing a total of $1,500 in cash incentives on leases of this car right now.
Car_man
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#952 of 1361 2010 Maxima 3.5 SV
by easyrider08
Nov 07, 2010 (7:18 pm)
Just leased. Zero down. 365.00 month w/out taxes. Cold package, splash guards, 5 piece floor mat set. I'm in southern CA.
#953 of 1361 11 Maxima 3.5SV
by nattylife
Nov 09, 2010 (2:13 pm)
hey guys, this place has been extremely helpful in making leasing decisions. i was wondering if any1 can give me some advice. i got a quote for a 2011 Maxima 3.5SV with the sport/nav package(R01, U03).
12k miles, 36 month lease
MSRP: 39090
cap cost: 34033
residual cost: 23364
MF: 0.00175
for 3k down, monthly is $419.
is this a good deal?
does that sound like a good price?
Nov 09, 2010 (3:40 pm)
Thank you for the response car man
#955 of 1361 Re: 11 Maxima 3.5SV [nattylife]
by Car_man HOST
Nov 09, 2010 (6:09 pm)
Hi nattylife. The money money factor that you were quoted is right in line with NMAC's buy rate for this model. That's a good thing.
Let's take a look at the other important factor...this car's selling price. This Maxima probably has a spread of around $3,000 between its full MSRP and its dealer invoice price. Add to that the $1,500 cash incentive that is currently available on leases of it and we're talking about a total of around $4,500 to play with during negotiations.
Assuming that the cap cost is before any down payment, you are being given a $5,000 discount on this car...which is a very good deal. If the money that you are putting down is being taken into account then you likely are paying several thousand dollars over invoice, which needless to say is not nearly as attractive.
Car_man
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#956 of 1361 Re: Good info [themrod]
by Car_man HOST
Nov 09, 2010 (6:09 pm)
You're very welcome, themrod.
Car_man
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