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Nissan Quest, Car Leasing, Van
#5 of 68 Re: 2006 Nissan Quest Lease [goody59]
Nov 15, 2005 (3:26 am)
Hello goody59. If you were to lease a 2006 Nissan Quest SL through Nissan Motor Acceptance Corp. right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00191 and 50%, respectively.
It is difficult to say what the best time of the year to lease this van would be. Consumers are usually able to get bigger discounts on vehicles and manufacturers provide larger incentives at the end of the model year, however this is not necessarily the best time to lease. This is because vehicles' residual values gradually fall as the model year progresses. The lower a vehicle's residual value is, the more expensive it is to lease. If I had to generalize about when the best time to lease this van is, which is a difficult thing to do, I'd probably say in the middle of the model year to around three quarters of the way through it.
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#6 of 68 6 months before the lease maturity
Jun 07, 2006 (9:26 pm)
I just got a notice from Nissan to schedule an inspection since my 3-year Quest lease is up in November. What are the pros and cons of having the inspection done now as opposed to just before the end of the lease? It has never been in an accident. What things can I do in order to avoid any charges other than washing it and vaccuming and steam-cleaning the carpet and cloth seats?
Thanks for your input.
#7 of 68 Re: 6 months before the lease maturity [howard2dot0]
Jun 08, 2006 (8:43 pm)
Sounds like you're on the right track - please keep us posted how it goes - my lease is up in Mar '07 and I'm new to leasing to. I'm interested to see what they look for. I suppose if you do it sooner rather than later, you have a little time to make a decision about taking care of any items they may bring up. Part of it also depends on on if you're planning on buying/leasing through Nissan again - they may forgive certain things if you're a returning customer - I've heard and read this in some of these forums, don't have firsthand experience. I'd also be curious to see what they do regarding a buyout - if they make you an offer other than what the residual on your lease is. Please let us know. Thanks.
#8 of 68 Re: 6 months before the lease maturity [rprossil]
Jun 09, 2006 (6:51 pm)
Thanks for your input.
I had a great experience with the Quest; nevertheless, I am planning to lease either an Odyssey or MB R350 next just for a change of scenery.
I'll keep you posted.
#9 of 68 Lease terms for 2007 Quest
Jul 04, 2006 (8:18 pm)
Here's what I was offered for a 2007 Quest SE today (credit score above 740).
36 month residual is 51; 48 month residual is 39. Money factor is .00379
Vehicle total was $33,419. 48 month lease w/12k miles with $5k down = $523; 36 month = $635
$2500 down/48 months = $587; 36 months =$614.
They threw in an extra year of warranty so bumper to bumper would last life of lease and I took the 48 month $2,500 out the door price for $587 per month (first month payment included in the $2500).
Hope this info helps someone else shopping!
#10 of 68 Recent Deals?/Current Pricing?
Nov 15, 2006 (8:09 pm)
Are there any recent transactions out there? Everything here is pretty stale. We are interested in an '07 SL with:
Fold Away Seat
We are looking for leases for 15k with $0 cap cost reduction. I price it out around $39,960 MSRP and $37,979 TMV. The salesperson says he can give it to us for $100 over invoice but he hasn't been able to provide any other numbers yet. Anyone have rates/residuals, etc.?
Any help would be greatly appreciated as this is my wife's first car and I am hoping to teach her about being an informed buyer. Thanks.
#11 of 68 Re: Recent Deals?/Current Pricing? [pmannymo]
Nov 19, 2006 (4:38 am)
Hi pmannymo. $100 over invoice is a very good deal for a lease of a 2007 Quest. I can give you an idea of what its current lease program is like, but in order for me to do so I need you to tell me how long you want to lease for. For now I will assume that you are interested in a 39 month lease, since that is this model's most attractive term. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 39 month lease of a 2007 Quest SL with 15,000 miles per year are .00259 and 47%, respectively. Let me know if you have any other questions.
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#12 of 68 Follow Up on lease details...
Dec 19, 2006 (10:36 am)
I am interested in a Quest SE's residual and money factor for a 39 month lease. The car's MSRP is $38,410 with invoice price of $35,000. Trying to figure it all out as soon as possible. Thanks SO much for all of your help wading through all of the information. You are an incredible help and I sincerely appreciate it.
#13 of 68 more lease details...
Dec 19, 2006 (10:50 am)
Here's the quote I received for the last post...
2007 Quest SE with DVD, Technology, Seat, floor mats and splash guards....$38,470 MSRP. They said their numbers are based on invoice +$500 for total cost of $35,500. $0 due at inception, $581/mo for 39 months at 12k miles per year.
With current money factor and residual, is this a good deal? Has anyone done much better than this? Thanks again!
#14 of 68 Re: Follow Up on lease details... [pmannymo]
Jan 23, 2007 (5:06 am)
You're very welcome, pmannymo. Here's the information that you're looking for. If you were to lease a 2007 Nissan Quest SE through Nissan Motor acceptance Corp. right now for 39 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00145 and 46%, respectively. Let me know if you need anything else.
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