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Nissan Quest Lease Questions

68 messages,  Last post on Apr 17, 2013 at 8:29 AM

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What is this discussion about? Nissan Quest, Car Leasing, Van

Messages Page 5 of 8

#35 of 68 Urgent Help with Quest SE Lease!! by tbraverman

Aug 11, 2007 (7:09 pm)

We currently have a Lexus RX330 that has four payments of $575 left on the lease. We checked out a Nissan Quest SE fully loaded with Nav/DVD/Sunroof/Cupholders!. These are the figures:
 
1. Nissan will roll the $2300 of Lexus lease payments into payments for the Quest. Is this typical? Should Nissan eat the final four payments as an incentive to lease a Nissan to me or it is usual practice for us to eat that cost? In other words, should that $2300 be added to the cost of the Quest?
 
2. MSRP on the Quest SE is $39780 based on sticker (37,780) + $2000 for the Nav system.
3. Dealer indicated his Cap Cost was $36,551. If anyone can tell me how/where to find Invoice, I would appreciate that.
4. Residual was 45% (that seemed low to me - our Lexis was 49%, but a 48 month lease term)
5. Lease is 39 months - 0% down, only first payment and DMV charges.
6. Money factor was .00050.
 
Dealer first gave us a monthly of $733 - yeah right!!. We finally got him down to $600. Is that a fair price with Nissan rolling the extra $2300? Am I being totally ripped off??
 
Thanks - any advice is appreciated.
 
Todd

#36 of 68 Re: lease deal - good or bad? [mich0222] by Car_man HOST

Sep 12, 2007 (3:04 am)

Replying to: mich0222 (Aug 03, 2007 4:33 am)
You're very welcome, mich0222. Don't worry about your deal. You did very well. The difference between a .00030 money factor and a .00050 money factor is negligible. Plus, if you had the security deposit waived on your lease the base money factor would increase from .00030 to .00045. Enjoy your new ride .
 
Car_man
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#37 of 68 Re: Urgent Help with Quest SE Lease!! [tbraverman] by Car_man HOST

Sep 12, 2007 (3:14 am)

Replying to: tbraverman (Aug 11, 2007 7:09 pm)
Hi Todd. Manufacturers will usually not "eat" consumers remaining lease payments on other manufacturers' vehicles. You really would be better off waiting until the scheduled end of your current lease to get something new. It would be pretty wasteful to essentially pay for two vehicles at the same time by rolling your remaining Lexus payments into your Quest lease.
 
You can look up the dealer invoice price of the Quest that you are interested in by visiting the New Vehicle Pricing section of Edmunds.com.
 
The money factor and residual value that you were quoted are right in line with Nissan's current lease program for this model.
 
$733 per month is nuts for a Nissan Quest . Obviously $600 per month is better, but I still think that you should wait until your Lexus lease is over to get something new.
 
Car_man
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#38 of 68 48 months 12K by 6422130

Sep 12, 2007 (7:36 pm)

Does anyone have the 48mo 12K information on the S model. Can I use the $3K cash back on a non-subvented lease?

#39 of 68 Re: 48 months 12K [6422130] by Car_man HOST

Oct 22, 2007 (2:26 am)

Replying to: 6422130 (Sep 12, 2007 7:36 pm)
Hi 6422130. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 48 month lease of a 2007 Nissan Quest S with 12,000 miles per year are .00295 and 33%, respectively. Nissan's customer cash incentives are not compatible with its special lease program, but given the fact that there does not appear to be any lease money factor support on 48 month leases of the '07 Quest right now, you might be able to use the $3,000 to reduce your van's capitalized cost. Make sure to check with the dealer that you are working with to find out for certain.
 
Car_man
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#40 of 68 Rates on 08 Quest by dodgehappy

May 20, 2008 (6:38 am)

Just curious on the current money factors and residuals on 08 Quest SL or SE. Looking for best lease terms- which I am guessing are 36 or 39 months and 12k miles per year suits us fine. Also, if we go with a demo would the rates change?

#41 of 68 Re: Rates on 08 Quest [dodgehappy] by Car_man HOST

May 21, 2008 (2:31 am)

Replying to: dodgehappy (May 20, 2008 6:38 am)
Hi dodgehappy. Given the fact that you're looking at a Nissan, I guess that you aren't actually that happy with your Dodge any more . Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2008 Nissan Quest SL with 12,000 miles per year are .00087 and 44%, respectively. The numbers for an otherwise identical lease of an '08 Quest SE are .00087 and 45%. The money factors for 39 month leases of these vans are the same, but their residual values are 1% lower. The 39 month term will likely result in a slightly lower monthly payment than a 36 month lease would.
 
This lease program is good on demo vehicles as well. The problem that I personally have with demos though is that dealers never seem to be willing to provide enough of a discount on them for me to personally justify purchasing what essentially is a low mileage used vehicle over an identical brand new one. Everyone's different though and the couple hundred dollar price difference may be enough for you.
 
Car_man
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#42 of 68 Carman - Current Lease MF and Residual by yhari

Aug 10, 2008 (7:41 am)

Carman,
 
Can you provide current MF an Residual for 24 mos and 36 mos for Nissan Quest SE and SL models, with 12k miles per year? Are the current dealer incentives good towards this lease?
 
Thanks
YH

#43 of 68 Re: Carman - Current Lease MF and Residual [yhari] by Car_man HOST

Aug 12, 2008 (2:58 am)

Replying to: yhari (Aug 10, 2008 7:41 am)
Here you go, YH. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2008 Nissan Quest SE with 12,000 miles per year are .00067 and 52%, respectively. The numbers for an otherwise identical 36 month lease are .00067 and 42%. NMAC's numbers for the '08 Quest SL are exactly the same.
 
Car_man
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#44 of 68 2011 Quest lease data by brian_s

Mar 01, 2011 (12:11 pm)

Hello,
 
Hope all are well. Does anyone have the new 2011 Quest Money Factor and Residual for a 39 month NMAC lease on a 2011 Quest LE? Also - I've seen a couple different invoices, if anyone could help out - would really appreciate it!
 
Thanks so much,
 
Brian

Messages Page 5 of 8

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