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
#73 of 603 Re: Advice please! [karen7338]
Aug 05, 2006 (6:16 am)
Thanks for the additional information, karen7338. Don't worry about leasing being confusing. You can simplify things by focusing on the two most important numbers. They are your vehicle's selling price and the money factor that is being used to calculate its monthly payment. These are the two main profit centers for dealers on leases. You were quoted a selling price of $29,470 on the Pathfinder that you're interested in. This truck has a full MSRP of $33,004, so you are getting a discount of $3,534 on it. This has got to be pretty close to dealer invoice, which is a very good deal for a lease of this truck. For additional feedback on the price that you were quoted, you can stop by the following discussion: KarenS, "Nissan Pathfinder: Prices Paid & Buying Experience" #, 29 Apr 2004 5:11 pm.
The other number that I mentioned is this car's money factor. It is used to calculate the interest portion of your vehicle's monthly lease payment. Dealers often have the ability to mark vehicles' money factors up to add additional, hidden back-end profit to deals. This is why it is important to know what your vehicle's buy rate lease money factor is. This number is published by the bank that you are leasing through and it is the lowest possible money factor that you are allowed to use. Nissan Motor Acceptance Corp.'s current buy rate lease money factor for a 39 month lease of a 2006 Nissan Pathfinder SE 4WD is an attractive .00050. This is equivalent to an interest rate of only 1.2%. Make sure that the dealer you are working with uses this factor to calculate your truck's payment. I will use NMAC's current lease program to double check the payment that you were quoted. According to my calculations, if you were to lease an '06 Pathfinder SE 4WD with an MSRP of $33,004 and a selling price of $29,470, through NMAC right now for 39 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $331.
Prices Paid Forum
#74 of 603 Re: Nissan Pathfinder: Lease Questions [Car_man]
Aug 06, 2006 (4:45 pm)
Yesterday we looked at a 2006 Nissan Pathfinder LE with everything in it but the navigation system. The list price on the lot was $41,340, the list price on their website is $38,345. The salesman we spoke to told us lease payments would be somewhere around $800 a month and that seems very high to me, not much different than buying. This will be the first vehicle we have leased so arent sure what to expect with it. What type of payment should we be looking for? We are in the Reno, NV area if that helps any. I was also wondering if anyone knew when the 2007 would be out?
#75 of 603 recent lease info
Aug 07, 2006 (7:48 pm)
just leased a 2006 pathfinder 4 x 2 SE with comfort and premium packages, flaps, side mouldings and mats.
selling price 27404
39 month lease
53% residual (i thought it should have been 52%)
$330/month includes TTL
i think it turned into a decent deal but the crooks at the dealership started with a 42 month lease, $460/month...then they switched to the 39 month lease and $390/month, claiming that i caught them trying to make a little money. After 2 more hours we were down to the $330/month.
They even tried to adjust the .00050 money factor way up to make their money, be careful.
As we all fear, most of these dealerships are crooks and will rob you blind if you are not informed!
#76 of 603 2006 Pathfinder LE lease question
Aug 09, 2006 (12:56 pm)
Any help or comments would be appreciated.
My wife and I have been negotiating with dealers over the phone and internet. The best price we could find is through M'Lady in Crystal Lake, IL on a Storm Gray/Graphite interior 2006 Pathfinder LE (no navigation or DVD player):
We asked for the following:
39 mos. lease
.00050 money factor
no capital cost reduction
The tax rate is 6.5%. The dealer came back with a residual of $18312 and a monthly payment of $480. We thought that was way too high. Is the dealer using a different money factor or not taking the residual from the sale price? They also said they were using Reynolds and Reynolds software to figure the payments. What is that?
#77 of 603 Lease Help on 2006 Pathfinder SE
Aug 12, 2006 (9:17 pm)
Considering leasing a Nissan Pathfinder SE with Comfort & Luxury, Leather, Sunroof, etc.
Selling Price 29,739
39 mo lease
.00050 money factor
Seems as if dealer is trying to talk us into leasing. I'm not sold on leasing yet. I don't like the idea of renting an auto.
Dealer gave us the following lease payment options. They seem too high to me. I used the lease calculator on this site but I don't have the residual value that they used and I'm not sure how to calculate it. I'm test driving the SUV until Monday evening. I would REALLY appreciate anyone's advice before then if possible. HELP PLEASE!
530/mo incl TTL
1st month down
1st month down
#78 of 603 Pathfinder Lease question (Please Help)...
Aug 19, 2006 (5:02 pm)
Live In PA. Think I got a great offer on a Pathfinder S with running board.
Would appreciate any input if you all think this is decent.
$350 a month
$1200 due at signing (taxes and first payment)
Nothing else down
Includes extended warranty b/c lease is 39 months and warranty expires after 36 months.
This is the vehicle...
Thanks in advance!
#79 of 603 Re: Lease breakage ? [Car_man]
Sep 01, 2006 (12:04 pm)
I have been leasing an '05 Pathfinder SE since March 2005 and the monthly lease payment is $550/month for a 20,000 mile lease. We did the 20,000 mile lease since I work an hour away from home. My husband and I were not expecting the gas to stay as expensive as it has been. So due to these factors, we cannot afford to make the lease payments anymore plus pay for the gas and the expensive services at the Nissan dealer. I got the fee of $5,200 from NMAC to end the lease early, but we are really looking into trading in the Pathfinder towards an Altima 3.5. Instead of leasing the Altima we were going to finance it. I am at 40K miles so I know the dealer cannot hit with charging me with going over any miles, but what happens if you turn in your lease early due to financial hardship and go into the same make car but different model with financing instead of leasing?
#81 of 603 Lease Question
Sep 07, 2006 (6:57 pm)
can you help me out with the money factor, and residuals for a 2006 Pathfinder SE OffRoad 4X4, and for a 2006 Pathfinder LE 4X4 for a 3 month term with 15000 miles?
#82 of 603 Re: Lease Question [joshmel1]
Sep 10, 2006 (8:22 pm)
Anybody out there?????