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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

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


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#54 of 372
'06 Pathy SE lease check by dholly
Jun 22, 2006 (11:13 am)
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Hello folks, any and all feedback is appreciated.
 
I need 4wd, 3rd row seat and 7,000# tow capacity. I know the Pathy doesn't quite make the last cut, but I have always liked the VQ35DE engine and might be willing to live with the towing shortfall if the deal is right. After seeing a bazillion TV ads for the current lease special ('06 SE $339/mo., 39 mo./12k mi./yr, $1,999 initial payment = $1,660 consumer down payment + $339 expires 7/5/06), I decided to test the waters with a local dealer on a 15k mi./yr 36 mo. lease. The following vehicle was on their lot:
 
2006 Pathfinder SE 4x4
 
$28,650/26,496 (MSRP/Invoice)
1,700/1,474 (P01 - SE Premium Pkg)
1,550/1,345 (G01- SE Comfort Pkg)
140/98 (F10 - Body Color Side Molding)
140/108 (B10 - Splash Guards)
80/51 (R93 - Sunroof Wind Deflector
605/605 (Destination Charge
 
$33,005/30,276 (Total w/ Options)
 
The offer:
 
39 mo. (they said 36 mo. was cost prohibitive), 52% residual, 0.00050 money factor, $31,875 selling price, $2,500 down for $399/mo. Tax, title, lic. fees not included. They made no mention of the current $500 cash incentive. -OUCH- I also asked for a hard trade-in appraisal on a '04 vehicle which currently shows ~$22k as a monthly Manheim Auction average. Local dealer lots are asking ~$27k. The trade-in offer was $19k. -DOUBLE OUCH-
 
Obviously there is plenty of room for negotiation, but I would like to get a comparison of the current lease terms before responding to the dealer. Assuming purchase at invoice, can anyone confirm what the actual factory supported 15k mi./yr lease payments -sans dealer padding- would work out to on this vehicle for 36 and 39 mo. terms in the NE region?
 
Based on some of the good info gleaned from this forum, perhaps it makes the most sense to base lease calculations on $0 down, but I don't like the idea of financing tax, title and DMV fees. Should I elect to NOT roll those into the lease if possible? I'm a bottom-line cost, rather than lowest monthly payment, kind of guy.
 
Again, I welcome your help and comments. Thanks!
#55 of 372
HELP with Pathfinder Nat'l Lease program by jbrogna
Jun 22, 2006 (3:39 pm)
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I am new to leasing and find the whole shopping experience painful and have given up many times. I need a new car and would like to lease the Pathfinder SE 4x4 with comf. and prem package and also leather.
I would prefer to do it over the phone and via internet but getting the run around and some dealers refuse unless I come in for a "lease presentation."
I don't want to get taken. I did get one general quote of sticker of $33,500 for what SE 4x4 with leather/prem/and comfort package and money factor of
.00084.
I want the 39 month lease, no trade in, $3000 grand down,
12,ooo miles.
Any suggestions on the best way to proceed, I really want to move forward.
HELP
thanks
JB
#56 of 372
Closer to pulling the trigger by btsapalas
Jun 22, 2006 (10:03 pm)
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I've been doing most of my negotiating for an 06 LE 4WD with Navigation package over the internet. I've been contacting and getting quotes from various dealers from Albany to Jersey to Baltimore. The best quotes i've been getting are from Jersey, outside of NYC. The cheapest one is with splash guards, floor mats and sun roof deflector.
MSRP-$38, 565
Invoice-$35,025(after manny rebate)
Quote-$33,195(after manny rebate)
 
1)
Is this too good to be true? 2 grand UNDER invoice? am i going to get a bait and switch or other BS once i go in and pursue this? Realistically, what horror stories have you heard regarding stuff like this and what should I expect.
 
2)
At what point do i spring on the dealer that i want to lease? Over the internet? After i go all the way out to the showroom?
 
3)
I have an excellent credit score of 792. What Money factor should I expaect/demand?
 
4)
Realistically, what differences are there for a 36 vs. a 39-month lease.
 
5)
should i be armed with an actual lease proposal from an alternative leasing company when i walk in to the dealership in case i don't like the lease that Nissan's leasing company proposes for me?
 
I'm also considering buying or leasing a Certified Pre-Owned 05 LE 4WD that i found, instead.
i'm not quoite sure how to calculate the lease deal for a used car. I can't find any advice online for leasing Pre-Owned. any advice?
 
Bill
#57 of 372
Re: Closer to pulling the trigger [btsapalas] by marck168
Jun 24, 2006 (12:44 am)
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Replying to: btsapalas (Jun 22, 2006 10:03 pm)

792 credit score doesn't make the deal any better for you unless you can find a better loan myself.
 
all money factor are preset by NMAC
#58 of 372
Re: Closer to pulling the trigger [marck168] by btsapalas
Jun 24, 2006 (3:44 am)
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Replying to: marck168 (Jun 24, 2006 12:44 am)

what about other leasing companies?
does anyone know a reputable leasing company?
 
also, i'm being told by a Nissan dealership in Baltimore that NMAC won't lease to New York residents. does anyone know if this is true?
#59 of 372
National $339 month lease by gmarga56
Jun 27, 2006 (6:32 pm)
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Hello all - Re. the $1999 + tax and tags $339 per month lease. This deal ends on 7/5 - what is the best way (and when) to get the best deal on an SE w/ comfort and premium? Is this a bottom line price or will dealers move substantially from this price? I am a bit particular on color - Red Brawn..... Should I email a dozen dealers and see who can do better than this deal or should I pretend I have not heard of this deal at all? Thanks in advance for any reponses or advice. - George
#60 of 372
Re: negotiating a price for a lease? [Car_man] by lawdawgmi
Jul 08, 2006 (3:26 pm)
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Replying to: Car_man (Jun 22, 2006 2:23 am)

Car man--I'd like to jump in on your offer, as my wife and I just went and priced a loaded LE (no NAV) today. We did not try to negotiate the selling price to get a better lease price. The lease that was offered was 39 mos, 15000 miles/year at $495. Seemed a bit high given the sticker price, which I believe was about 37000.
 
We thought it seemed high for this particular vehicle. What is the best we should be able to do?
 
Also, what's up with the manufacturer's rebate I saw referenced earlier--is that still available?
#61 of 372
2006 Nissan Pathfinder LE 4WD Lease Offer by nuch333
Jul 10, 2006 (12:05 pm)
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Hi, I am looking to understand whether the following lease offer is a good deal. This is out of Boston.
 
2006 LE Nissan Pathfinder 4WD (Loaded, everything but NAV)
MSRP- 36395
RV - 51%
MF- 0.0050
39 month lease
12K miles/year
$4500 down which covers first month and fees
$330/month
 
I know the MSRP is more than what this SUV is selling. How much should I expect the monthly payment to drop if I were to pay around invoice which is around $33K? Also, are the number of miles negotiable? I would probably want to up it to 15K/yr. How much more would they tack on?
Thanks in advance for any advice offered.
#62 of 372
Re: HELP with Pathfinder Nat'l Lease program [jbrogna] by Car_man HOST
Jul 18, 2006 (1:41 am)
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Replying to: jbrogna (Jun 22, 2006 3:39 pm)

Hi JB. There's no need to be intimidated by leasing, if you understand how it works and shop around you'll get a great deal. The most important number to focus on when leasing a vehicle is its selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Once you have negotiated an attractive price on the truck that you want, have the dealer that you are working with calculate its monthly payment using its buy rate lease money factor. Nissan Motor Acceptance Corp.'s current buy rate lease money factor for a 39 month lease of an '06 Pathfinder is .00050. That's basically all the steps that you need to take to make sure that you get a good deal because vehicles' selling prices and money factors are the two main profit centers for dealers on leases. For additional information on this subject, make sure to check out the following helpful articles that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
Car_man
Host
Prices Paid Forum
#63 of 372
Re: Closer to pulling the trigger [btsapalas] by Car_man HOST
Jul 18, 2006 (1:49 am)
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Replying to: btsapalas (Jun 22, 2006 10:03 pm)

Hi Bill. You're right, $2,000 under dealer invoice, $1,500 under once the $500 customer cash is backed out, is a very aggressive price for this truck. I'm personally surprised that dealers are willing to sell one for that much below invoice. I would have thought that right around dealer invoice was a good deal. As you sure that you are discussing a brand new Pathfinder that really does not have any miles on it with the dealer and not a demo model that is still technically a new vehicle but has hundreds or thousands of miles on the odometer?
 
There's no point in hiding the fact that you want to lease your new truck from the dealer. In fact, they need to know that you want to because the $500 customer cash that Nissan is providing on this truck is not compatible with its special lease program. 39 months is the way to go when leasing an '06 Pathfinder right now. This is Nissan's most attractive term. If you were to lease any '06 Pathfinder through Nissan Motor Acceptance Corp. right now for 39 months, its buy rate lease money factor should be .00050. Just make sure that you get a good price and the buy rate money factor and you'll be fine. There's no need to get quotes to lease this truck through independent banks. First, the independent banks with the most attractive lease programs usually do not deal directly with the general public. This is a moot point anyhow because I highly doubt that any independent bank's lease program will be anywhere near as attractive as NMAC's current program for this model.
 
Car_man
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Prices Paid Forum

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