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Prices Paid: Buying & Leasing Experiences Nissan Pathfinder Lease Questions
372 messages, Last post on Nov 28, 2009 at 6:10 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Inquiring about current incentives on the 2008 Pathfinder SE. I am seeing conflicting info regarding $1750 incentive on whether it expired on 12/3/07 or 1/3/08. Does this incentive apply to leases also? What money factor should I expect on a 36/39 month lease on a new SE? What are the residuals for the '08 Pathfinder SE? Does anybody have any advice or insight on leasing year-olds? i.e. expected Money Factors and residuals
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Replying to: grrams (Dec 07, 2007 10:08 am) I'd have to look at my wife's '08 SE (w/ Premium pkg, mats, XM and deflector) V6 2WD lease to be sure, but I think that the residual is 55% (15,000mi/yr, 39 months) and a money factor of .00150. With a price just under invoice, and a $317 factory warranty extension to 39 months/49,000mi, her lease payment ended up at $428.55 with nothing up front except the first month payment. She's very happy with the '08 Pathfinder. |
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We currently have a 2005 LE 4x4 Pathfinder leased for 39mos/39k miles. The lease expires Sept 2008 and my wife would like to move from a lease to a new vehicle (purchased this time). My question is how to approach this with a dealership so that we don't get shafted too badly. The vehicle is in excellent condition with only 18000 miles on it. The residual value is 22K and payment is $425/mo (tax not included). I'm hopeful -- but not certain -- that with the low mileage it would help reduce the gap between payments remaining (9  425/mo). Can someone advise me how to proceed? The new vehicle would be either an 08 Pathfinder or 08 Armada. Thanks in advance! Stevie B. |
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Replying to: srbarnes4ever (Dec 17, 2007 8:43 am) |
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Replying to: srbarnes4ever (Dec 17, 2007 8:43 am) Pathfinder SE V6 4WD w/ Prem Pkg, Floor Mats, XM Radio LEASING 36 Months MSRP w/ Options = $33,980 Invoice = $31,381 Residual = 55% Money Factor = .00145 Mileage = 15,000 (but buying to 19K .10 cents per mile) * Residual gets reduced from $18,678 to $17,378 Negotiated Cap/Purchase to $30,060.60 (plus Acq fee of $595) Monthly Payment = $419.00 No money down. No taxes (New Hampshire) I hit all Nissan Dealerships within 100 miles and worked all of them to make sure their stories were straight with regard to Residuals, Money Factors, etc. Also pushed on Holdback and Market Support, and have gotten to this point. Knowing everything about the process was the most helpful - especially negotiating the price/cap cost and never talking what I wanted to do with regard to payments/
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Hi Car Man, I am trying to calculate my lease payment and I am having trouble determing where to add the Acq fee, DMV and Doc Fees. Here is my information from the dealer, Ramsey Nissan in NJ MSRP $28,645 Dealer Invoice $26,225 He would sell it to me $25,600 (Yes that is what he said) Now the rub.. Residual Value $17,187 Money Factor .00145 Term 36 months/12k year Total per month $334 What I am supposed to pay up front 1st month $334 Acq fee $ 595 DMV fee $354 Doc fee $269 Total $1552 My question is where do I account for this when I calculate what the payment should be. What is my Adjusted cap cost? Also are there any rebates on this vehicle? I think I am getting a good deal with 60% Residual and a money factor equivilant of 3.48%
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Replying to: bsurdoval (Dec 27, 2007 5:05 pm) http://auto.bizcalcs.com/Calculator.asp?Calc=Lease-Payment I secured my lease with the gross cap cost (price of vehicle) negotiated almost $1,200 below invoice. Several other dealers said they wouldn't touch it and couldn't understand how or why that particular dealer was doing it - and they suggested there might be some shenanigans going on. There weren't any. I paid the Acquisition Fee up front. As far as I can tell, it's non-negotiable. It's NMAC's fee. I also paid the first month payment, and the Admin/Doc fees up front. I don't have any tax since I live in New Hampshire, and the title fee is only around $27. I paid all those things up front - however I could have rolled them into my monthly payments if I had chosen - or at least I could've rolled the Acquisition Fee into the payments. The money factor of .00145 is set by Nissan, and the Residual of 60% is also set. Once you negotiate the Cap Cost and determine how much money you are going to pay up front, you can plug all the numbers in the calculator I linked to above and it will verify the payments. Good Luck. |
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Hello, I am about to get on the market for a 48-month lease on a Nissan Pathfinder SE 2008 with Premium Package and optionaly Leather Package. I did a search and found this great website. Signed up and here is my question. First off, I must say I am in Canada and not sure if Canadian information is posted here or not. Using the calculator Nissan has online, I got a price but I know you can get better at the dealership. The question is how much better. So, is there anyone here from Canada that has recnetly leased a Pathfinder SE? I would like to get an idea on the monthly payment and the down payment before I go down to my local Nissan dealer for negotiations. Any advise will be highly appreciated. Best regards and thanks in advance, Eddie
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Replying to: eddie_88 (Jan 05, 2008 7:57 pm) Stay between 24 and 39. |
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Replying to: eagle40b (Dec 23, 2007 8:15 pm)
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