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Nissan Pathfinder Lease Questions

335 messages,  Last post on Sep 11, 2008 at 4:01 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Nissan Pathfinder, Car Leasing, SUV


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#17 of 335
March Pathfinder Lease rates by stetsonhatter
Mar 22, 2006 (7:28 am)
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Car_man, can you please post the current lease rates and residuals for an '06 Pathfinder SE or S 2WD? 10k or 12k mi. Are there any other required fees at inception (security, etc.)?
#18 of 335
Is it worth buying the Pathfinder at lease end? by eschule
Apr 04, 2006 (11:48 am)
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I have a 39 month lease on a 2003 Pathfinder LE that expires at the end of May. The price to purchase the car (including disposition fee) is $16,500. The car will have 39,000 miles on it and is in good condition. Is it worth buying it?
#19 of 335
Is this Lease OK? by mkftx
Apr 08, 2006 (7:17 pm)
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Hi:
 
I am being quoted for a
2006 SE PATHFINDER
LEATHER AND COMFORT PACKAGE
 
Nothing down; $424/month with 52% residual. Is this a good lease? Can I get better?
#20 of 335
Re: Is it worth buying the Pathfinder at lease end? [eschule] by pathstar1
Apr 09, 2006 (7:31 am)
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Replying to: eschule (Apr 04, 2006 11:48 am)

I'm told most lease buyouts are worth it, as there is between 10-15% built in value - that is, the buyout is low compared to "market value" by that amount.
 
So the question is, do you want to own the vehicle?
#21 of 335
Lease breakage ? by srbarnes4ever
Apr 10, 2006 (9:42 am)
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Afternoon folks. I leased an 05 Pathy LE 4x4 last June for 15k miles/year/39mos. We have `12k miles on the vehicle at this time but mostly due to a handful of long road trips. I am now in discussions with my employer to take an assignment in Hong Kong and would like to break this lease. What are the most attractive possibilities for me to do this? I've been recommended to Swap-a-lease's website but have not yet engaged. Please advise soonest and thanks.
Regards,
srb
#22 of 335
Pathfinder SE by gurban
Apr 11, 2006 (6:29 pm)
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My lease is up on my 2003 pathfinder, I am interested in leasing a 2006. I recently got quoted a lease price of $358.00 a month, for 39 months with $1474.00 down(se,4wd, avalanche white). This seems a little high to me. If anybody has any advice or info I would greatly appreciate it. I am in the northern new jersey area.
#23 of 335
Re: March Pathfinder Lease rates [stetsonhatter] by Car_man HOST
Apr 12, 2006 (2:29 am)
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Replying to: stetsonhatter (Mar 22, 2006 7:28 am)

Here you go, stetsonhatter. If you were to lease a 2006 Nissan Pathfinder SE 2WD through Nissan Motor Acceptance Corp right now for 39 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00086 and 55%, respectively. 39 months is the most attractive term for this truck right now. I don't believe that NMAC leases Nissans with less than 12,000 miles per year. The numbers for an otherwise identical lease of a 2006 Pathfinder S 2WD should be .00086 and 57%. At lease signing you will be required to pay your first month's lease payment, a security deposit equivalent to that payment rounded up to the nearest $25 or $50 increment, NMAC's $550 acquisition fee, and any required state taxes or fees.
 
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#24 of 335
Re: Is it worth buying the Pathfinder at lease end? [eschule] by Car_man HOST
Apr 12, 2006 (2:33 am)
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Replying to: eschule (Apr 04, 2006 11:48 am)

Hi eschule. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may be able to find out by visiting the following discussion: "Real-World Trade-In Values".
 
Car_man
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#25 of 335
Re: Is this Lease OK? [mkftx] by Car_man HOST
Apr 12, 2006 (2:45 am)
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Replying to: mkftx (Apr 08, 2006 7:17 pm)

Greetings mkftx. You never mentioned the selling price or MSRP of the truck that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion on this deal if you let me know what these numbers are.
 
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#26 of 335
Re: Lease breakage ? [srbarnes4ever] by Car_man HOST
Apr 12, 2006 (2:51 am)
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Replying to: srbarnes4ever (Apr 10, 2006 9:42 am)

Hi srbarnes4ever. Congratulations on your interesting assignment. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates. In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.
  
You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now.
 
Your best bet would be to find someone who is willing to assume your lease. The Swap-A-Lease site that you mentioned is a good place to look for consumers who might be willing to assume your truck. The problem is that unless you got an incredible deal on it, consumers might now be willing to assume your lease when they could lease a brand new truck for a similar payment. Lessees often find that it is necessary to sweeten their deals by offering the individual who take their lease over money to do so.
 
Car_man
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