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
#566 of 603 Southern Region Lease Information
Jun 12, 2013 (8:22 pm)
Hi Car_man. I'm interested in a 2013 Pathfinder SL with minimal additional packages. I see a residual of 59% and money factor of 0.00056 mentioned in previous posts. Do these numbers apply to all regions of the US? If not, what would I be looking at in the Baton Rouge, Louisiana area?
Also, I see Nissan offers up to $1,500 in cash incentives comprised of $500 NMAC cash and $1,000 customer cash. Are these cash incentives available for lease deals, or only purchases?
Thanks for your help. From what I see, your information and wisdom here is priceless!
#567 of 603 Re: Southern Region Lease Information [timlajaunie]
Jun 17, 2013 (3:54 pm)
Hi timlajaunie. The money factor that you mentioned is correct for the entire country. The residual value that you mentioned is a little high though. NMAC's current 36-month, 15,000 mile per year residual value for a 2013 Pathfinder SL 4WD is 54%.
The cash incentives that you mentioned are not available on leases. There is a $675 cash incentive on leases of this truck in certain areas, but I'm not sure if Louisiana is one of them.
Prices Paid: Buying & Leasing Experiences Forum
#568 of 603 Pathfinder Premium Platinum Lease Price?
Jun 19, 2013 (6:17 pm)
Can you give me a hand and let me know the approximate monthly lease price on the below variables in NJ (7% tax)?
Negotiated price $40,000
No money down
$675 Nissan incentive
I am trying to get my monthly payments in and around $475 and am trying to figure out what needs to be negotiated or put out as a down payment to get me there. Is $450 realistic without putting money down? Can you help?
#569 of 603 Re: Pathfinder Premium Platinum Lease Price? [jsas1981]
Jun 20, 2013 (8:38 am)
The above for a 3 year 36,000 mile lease
#570 of 603 Re: Pathfinder Premium Platinum Lease Price? [jsas1981]
Jun 20, 2013 (3:19 pm)
This is what I calculate:
Cap Cost $40,000.00
Acquisition Fee $595.00
Total Fees $1,929.00
Down Payment $0.00
Adjusted Cap Cost $41,254.00
Residual % 56.00%
Residual Value $25,001.20
Money Factor 0.000560
Pre Tax $488.57
Tax Rate 7.00%
Monthly Payment $522.77
This does not include tags. The tax is on the monthly payment only. Some states, I'm not sure if NJ is one of them, will also tax you on the Adjusted Cap Cost (I think). Putting down $1500 will get your payment to $477.29
If I'm wrong anywhere, somebody please let me know so I can adjust my calculations accordingly
#571 of 603 Re: Pathfinder Premium Platinum Lease Price? [jsas1981]
Jun 20, 2013 (3:28 pm)
I actually think the residual on a Platinum is 55%, not 56%. That would increase the payment by $13.00 a month.
#572 of 603 Re: Pathfinder Premium Platinum Lease Price? [sfowler22]
Jun 21, 2013 (7:58 am)
Thank you for your feedback and calculation. This is VERY helpful. I think you are right about the residual - after looking back at my notes from several dealer visits I show actually show different residuals from different dealers. One that I went to last weekend has a 54% residual. Can you recalculate with $2000 down with a 54% residual? In your opinion, what would you categorize as a realistic "good" deal ( total cash out of pocket up front & monthly payment) for this car?
Also, I have 3 payments left on my current lease (Maxima). I am wondering if this is hurting my negotiations or if I should just wait until the lease is over? Thoughts?
#573 of 603 Re: Pathfinder Premium Platinum Lease Price? [jsas1981]
Jun 21, 2013 (5:36 pm)
Give me your e-mail and I'll send you the Excel spreadsheet I wrote for calculating lease payments.
What year is your Maxima? They hold their value really well, so if it's in good condition with relatively low miles the dealership might buy it and what's left after it's paid off can be used for the down payment. Check the NADA and Blue Book value to get an idea of what it's worth. Both can be found online.
As far as what is a good deal, check and see what Edmunds here says is a good price. Then use the spreadsheet to figure out what you should pay.
#574 of 603 Re: Pathfinder Premium Platinum Lease Price? [sfowler22]
Jun 21, 2013 (7:50 pm)
sfowler22 - My email is scapicc18hotmail.com
My Maxima is a 2010 and has 24,150 miles on it and the 39 month 36K mile lease is up at the end of September. Needless to say this car is in EXCELLENT condition and is 12K miles below the allotted amount.
Any clue what the July 4th incentives might be?
#575 of 603 Nissan Pathfinder AWD Lease Info
Jul 02, 2013 (7:06 pm)
Can you let me know what the residual, money factor and any incentives for July (July 4th weekend) are? Interested in 39 months and 15,000 miles per year. Interested in the calculation for a Patfinder Premium Platinum & Illuminated Kickplates.
Thanks in advance.