Last post on Dec 03, 2013 at 5:35 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Nissan Pathfinder, Car Leasing, SUV
#192 of 603 Looking to lease a Pathfinder...timing...
Feb 27, 2007 (2:44 pm)
I'm looking to lease a Pathfinder. My wife and I currently share 1 vehicle which I have a loan for, which is a Nissan Murano, we like it but the payment is $540/month.
I thought maybe I can get a lower payment for a nicer vehicle if I lease. It's looking I was over optimistic because as far as I can tell it's going to be a challenge to get a nice version of a Pathfinder for $400 to 450/month.
Should I go back tomorrow and consider rushing through a deal or is it possible that an even better deal will pop up for March? The dealer mentioned something about residuals changing negatively (50 to 48, something like that).
I went to the dealer today and there was a lot of pressure to buy within the next 2 days because of the Nissan events going on right now. I know it IS a good idea to buy near the end of the month (manufacturer incentives for the #1 selling dealer, etc), I also don't feel conmfortable rushing and feel like the dealer would try to exert pressure on me, and don't feel like I'd have time to compare.
There's another twist, the 2004 Murano SL we have has about $19,000 left on the loan w/ 35K miles. As far as I can tell, the current value is just about $19,000 (or perhaps a little less). Someone told me even if the trade in is about even it will often be a money maker for the dealer and should work for my advantage, is that true?
Thanks for helping, this forum is awesome.
#193 of 603 Re: Looking to lease a Pathfinder...timing... [memorex2]
Feb 28, 2007 (4:44 am)
What worked for me was to go to the Nissan web site, build the exact truck you want, then send an e-mail to approx 10 of the closest dealers. Be very specific on the options, colors, and trim level you want. Tell them the terms of the lease (usually 39 months is best for Nissan), how many miles per year, and your total walk in cash. Tell them you will be accepting bids for the next 24 hours via e-mail only.
Stay out of the dealership, and off the phone. You will have much better control over the deal.
I received quotes that varied by $100 per month, on the same vehicle. You should be able to get a well equipped SE for $450/month. My LE with Nav was $464 + tax, 1k down, 15k per year. (Colonial Nissan in eastern PA).
If you can't put a deal together this month, don't worry. They will keep making more Pathfinders. Take your time, and get the exact truck you want. You will be driving it for 3 years. Don't settle for what they have.
#194 of 603 Deal of the century?
Mar 14, 2007 (10:05 am)
Just took delivery of a 2007 Nissan Pathfinder LE 4x4 with Nav and DVD. Lease 39 mos, 12k mi/yr, just inceptions down. $508/mo out the door, everything included. Never set foot in the showroom. NJ dealer.
#195 of 603 Re: 2007 Pathfinder S 4x4 Lease [erich7]
Mar 18, 2007 (5:46 am)
Hi erich7. Was the down payment that you made deduced from the capitalized cost that you mentioned? If it wasn't, you are being given around a $2,500 discount on this truck, which is a very good deal. It really is not in your best interest to make a down payment when leasing anyhow. Consumers can and should lease any vehicle that they want without making any sort of capitalized cost reduction. Consumers who make them risk losing them if their vehicle is totaled in an accident or stolen and never recovered.
When negotiating your lease on this truck, make sure that the dealer that you are working with uses NMAC's current 39 month buy rate lease money factor of .00109 to calculate your monthly payment.
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#196 of 603 Any early "lease pull ahead" experiences?
Mar 18, 2007 (11:58 am)
I was just wondering if anyone has tried to do an early lease termination of a current NMAC lease for a new Nissan lease? I have 4 payments left on a 2004 Quest lease and I'm interested in either an 07 Pathfinder or Armada. Anyone have any experience with either NMAC or the dealer paying the lease off early to get you in a new one?
At any times do they run a promotion of this sort? I've seen GMAC do it from time to time.
#197 of 603 Re: 2007 Pathfinder Loaded Lease [gopherhockey1]
Mar 19, 2007 (1:28 am)
Hi gopherhockey1. The truck that you described has a spread of around $3,300 between its full MSRP and its dealer invoice price. You were quoted a $3,000 discount on it. That is a very good price. The lease program that you were quoted looks good, too. This looks like a pretty good deal to me. It never hurts to shop around or try to haggle a little more, but this is probably as good as it is going to get on this truck right now.
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#198 of 603 Re: Looking to lease a Pathfinder...timing... [memorex2]
Mar 19, 2007 (1:36 am)
Hi memorex2. Dealers love to create a false sense of urgency in consumers to get them to finalize their deals asap. It is true that vehicles' residual values fall as the model year progresses. However, manufacturers often increase their lease money factor by a proportionate amount to keep vehicles' lease payments about the same. As a result, it often doesn't matter if one squeezes a deal in before the end of the month. Of course, it never hurts to deal at the end of the money because dealers are often to provide good deals to boost their sales totals, but the most important thing is that you understand your deal and you are comfortable with it before physically taking delivery of your new car or truck.
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#199 of 603 Re: Any early "lease pull ahead" experiences? [southpaw75]
Mar 19, 2007 (1:44 am)
Hi southpaw75. Nissan and DaimlerChrysler run early lease termination programs all the time. I know that Infiniti is running one on the Infiniti G35 Sedan right now, but I am not aware of any early termination program that Nissan is offering. It never hurts to ask your dealer to see if this sort of program is available, but I don't believe Nissan is running one right now.
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#200 of 603 Nissan Lease
Apr 07, 2007 (4:32 pm)
I'm in central ny and just came from the Nissan North
and got a quote on a 07 SE w/preminum package, comfort and leather. MSRP of 34620 and they quoted 580/month on 39month
15k lease. I thought this was very expensive, what is the MSRP, money factor and residual I sould be calculation on.
It was also with first payment down also.
Any help would be great
#201 of 603 is this a good lease?
Apr 18, 2007 (6:54 pm)
2007 nissan pathfinder SE 2 year lease with premium,leather,
and comfort packages 12k/year.....$3500 down plus taxes $360/month....msrp $35,000
is this a good deal? any feedback appreciated