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Nissan Pathfinder Lease Questions

369 messages,  Last post on Oct 12, 2009 at 1:19 PM

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

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#356 of 369 Re: Is april 09 Pathfinder time? [Car_man] by mattyw Jun 08, 2009 (3:47 pm)
Replying to: Car_man (May 04, 2009 2:58 am) Car_man - just got a bunch of email from one of the local dealers (SF Bay Area) and there were a bunch of lease offers, some that looked like pretty good deals.   Nothing on the Pathfinders however. They obviously want to sell Altimas.   The local dealer is whining that Pathfinders, specifically LE's are hard to find. Is this true? Are the SE figures you gave Sprkieee similar to the LE? 47% residual and .00064 (1.464%)... again, in a conversation with that "whiney" dealer he said the residual on LE's was only 42%. He would not talk money factor, which is odd. He also said there were only 14 LE's in all of California or the Western States. Is this salesman-speak for "I want to sell you something I already have in my lot" or is there a shortage of these?   thx Matty Replies to this message: Car_man (Jun 18, 2009 1:49 am)
#357 of 369 Re: May 2009 [mattyw] by Car_man HOST Jun 17, 2009 (2:46 am)
Replying to: mattyw (May 28, 2009 8:17 pm) Thanks Matt. Yes, NMAC's buy rate lease money factor is currently .00061 for all Pathfinder trim levels. NMAC's 36 month, 15k residuals for an '09 Pathfinder LE V6 4WD is 42%. It's one percent higher for the V8. NMAC's 12,000 mile per year residuals are 1% higher than its 15,000 mile per year resids. You can lease this truck for 39 months using the same money factor. Its 39 month factors are 1% lower than its 36 month factors.   The QX56 is a much more expensive truck than the Pathfinder. Infiniti is running a special lease program on it right now, but I suspect that it will be much more expensive to lease than a Pathfinder would be.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#358 of 369 Re: Buying Pathfinder off lease [rmlinn] by Car_man HOST Jun 18, 2009 (1:42 am)
Replying to: rmlinn (Jun 01, 2009 8:49 am) Hi rmlinn. In order to determine whether you should purchase your Pathfinder at the end of your lease, you need to compare its purchase price to its value on the open market at this time. Even though it states your truck's purchase option price on your lease contract, you should place a call to the bank that you are leasing it through, NMAC, just to make sure that you have the correct figure. When you do so, it never hurts to try to haggle with them. Some banks will negotiate the lease-end purchase prices of vehicles. If your initial contact at your bank is not willing to lower your vehicle's purchase price, you may have better luck if you work your way up the ladder to a manager. There is a good chance that they will not lower your vehicle's price, more often than not they will not, but you don't have anything to lose by asking.   As I said earlier, 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".   If your truck's purchase option price is lower than or close to what you would have to pay for a similar used one on the open market, then you may want to consider buying your truck at lease-end.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#359 of 369 Re: Is april 09 Pathfinder time? [mattyw] by Car_man HOST Jun 18, 2009 (1:49 am)
Replying to: mattyw (Jun 08, 2009 3:47 pm) Hi mattyw. A number of manufacturers...including Nissan, have dramatically cut their production levels. As a result, an inventory situation that was out of control when the economy fell off of a cliff is now much more manageable. It would not surprise me if the Pathfinder was one of the models that Nissan stopped producing for a while and as a result certain trim levels of it were relatively difficult to find.   Having said this, there is a ton of competition out there. I wouldn't let any dealer use the fact that a particular Pathfinder trim level might be in relatively short supply to scalp me on the truck's selling price. If they weren't willing to sell me a Pathfinder for a couple hundred dollars over dealer invoice, I would either comparison shop with another dealer or go with a different truck.   Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2009 Pathfinder LE V6 2WD with 15,000 miles per year are .00061 and 42%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#360 of 369 2009 Pathfinder V6 LE by danf1222 Jul 02, 2009 (7:12 pm)
Car_Man, we have been exploring our options for a new truck and are also looking into the Pathfinder LE. Do you know if the $2500 cash to customer incentive available on leasing as well?   I tried to calculate a ballpark lease figure for a 2009 V6 LE 4WD with Moonroof on a 39 month lease with 12K per year.   The figures I used were as follows: MSRP: $40,310 (with desination charge)(figure taken off Edmunds.com site) Offer: $34,955 (this is the TMV after $2500 cash to customer incentive) Residual: 42% MF: .00061 (is this still the MF for July) NYS Tax: 8.625%   I calculate that this lease with minimal down payment will run ~ $535 per month x 39 months. Are my calculations correct and is this attainable? I guess it all depends on whether the $2500 applies (if it does not, it would seem that purchasing the truck makes more sense).   Thank you for your input. Replies to this message: Car_man (Jul 08, 2009 2:52 am)
#361 of 369 Re: 2009 Pathfinder V6 LE [danf1222] by Car_man HOST Jul 08, 2009 (2:52 am)
Replying to: danf1222 (Jul 02, 2009 7:12 pm) Hi danf1222. Unfortunately, the $2,500 cash incentive that Nissan is currently providing on the 2009 Pathfinder is not compatible with its special lease program. However, through July 8th, Nissan is providing a special 4th of July bonus cash incentive that is. As a result, your calculations are off.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#362 of 369 2009 Pathfinder SE by jsp01 Aug 20, 2009 (7:52 pm)
Can anyone tell me the current money factor and residual on a 2009 SE? I am interested in a 39mo. lease with 12K mi. per year. Also are there any dealer or customer incentives on Pathfinders that can apply on a lease? Replies to this message: Car_man (Aug 31, 2009 2:13 am)
#363 of 369 Re: 2009 Pathfinder SE [jsp01] by Car_man HOST Aug 31, 2009 (2:13 am)
Replying to: jsp01 (Aug 20, 2009 7:52 pm) Here you go, jsp01. Nissan Motor Acceptance Corp.'s August buy rate lease money factor and residual value for a 39 month lease of a 2009 Pathfinder SE 4WD with 12,000 miles per year are .00061 and 42%, respectively.   Unfortunately, Nissan is not currently providing any cash incentives on leases of this truck.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#364 of 369 Options when ending an early lease on a 2007 Nissan Pathfinder? by sysadmnj Sep 10, 2009 (5:03 pm)
This question is for anyone that knows and can help me better prepare. I have a 39 month lease with 15,000 milers per year. I recently moved further away and now I am putting more miles for work. I would say I have about 3-4 months before I reach the allowed 48,000 miles in my lease and have to pay over mileage after that.   I kind of figured that when I reach near 48,000 miles I'll have 9 lease payments left. I'd like to know what to expect from the dealers. What is the best case scenario I can get out of getting another Nissan vehicle. Is there a lease that allows 20,000 or even 25,000 miles per year? Since I will be putting this many miles would I be better off buying the vehicle? I've never financed a vehicle, always liked trading it in for a new one? If I was to finance for 60 months, would I be able to trade the car in for a new vehicle in 36 or 48 months, or this isnt suggested? Any info on what I should do or help me decide would be appreciated. Thanks. Replies to this message: Car_man (Sep 22, 2009 1:59 am)
#365 of 369 Re: Options when ending an early lease on a 2007 Nissan Pathfinder? [sysadmnj] by Car_man HOST Sep 22, 2009 (1:59 am)
Replying to: sysadmnj (Sep 10, 2009 5:03 pm) Hi sysadmnj. 15,000 miles per year is the highest mileage allowance that Nissan Motor Acceptance Corp. leases vehicles with. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is cheaper to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.   As far as your current lease goes, if you know that you are going to go way over your vehicle's mileage allowance call the bank that you are leasing it through ASAP to see if you can still purchase additional miles at a discounted rate. Some banks will let lessees do so as long as they call early enough. Buying extra miles at a discount now is better than waiting until the end of your lease and having to pay a huge excess mileage penalty.   In terms of your next vehicle, you definitely can finance it for 60 months and trade it in on something new after 36 or 48 months, but...if you don't make a decent down payment there is a chance that you will be upside down (owe more on your vehicle than it is worth as a trade) when you try to get something new.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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