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Nissan Titan Lease Questions

51 messages,  Last post on Jun 01, 2009 at 7:37 AM

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What is this discussion about? Nissan Titan, Car Leasing, Truck

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#33 of 51 2007 Titan Crew Cab LE - Lease Info by wardell May 26, 2007 (10:23 am)
Hi Car_man,   Could you provide me with the money factor and residual value for a 2007 Titan Crew Cab LE (12,000 miles/yr.)? Also, if you finance the lease through NMAC will they allow the current cash incentive of $3,000 to be applied to the purchase price? It is always difficult to determine if the cash incentives can or cannot be used with different financing offers.   Thank you for your help.   -LW Replies to this message: Car_man (Jun 28, 2007 1:47 am) marcogallo1986 (Sep 10, 2008 5:05 am) Car_man (Sep 11, 2008 3:09 am)
#34 of 51 New Jeep Wrangler Lease by sdsponger May 26, 2007 (11:04 am)
Hi   I was hoping someone here could take a look at my girlfriend's lease. I decided to look at this and I think she may have been taken a bit.   I've posted a link below to the main part of the contract. I thought that would be easier. My calculations seem to be pretty close, but the one thing that freaks me out is the total of payments in box 4 at the top. It seems pretty high and when added to the residual it adds up to like $37,000.   Also, my calculations get about .00394 for the money factor...about 9%. This seems very high, especially since her credit is great (764).   If someone could please check this out and shed some light on things that would be great. Click here for the lease.   Thanks for your time!
#35 of 51 2008 Nissan Titan Crew LE by wardell May 27, 2007 (6:23 pm)
Car_man,   Could you also provide money factor and residual values for the 2008 Titan Crew LE assuming 36 mos. or 39 mos (if it is a better deal) and 12K miles?   Thanks in advance.   -LW Replies to this message: Car_man (Jun 28, 2007 1:54 am)
#36 of 51 Re: 2007 Titan Crew Cab LE - Lease Info [wardell] by Car_man HOST Jun 28, 2007 (1:47 am)
Replying to: wardell (May 26, 2007 10:23 am) Here you go, wardell. Through July 2nd, Nissan Motor Acceptance Corp.'s buy rate lease money factor and residual value for a 36 month lease of a 2007 Nissan Titan Crew Cab LE with 12,000 miles per year are .00120 and 46%, respectively. Unfortunately, the $3,500 customer cash that Nissan is providing on this truck is not compatible with its special lease program.   Car_man Host Prices Paid Forum
#37 of 51 Re: 2008 Nissan Titan Crew LE [wardell] by Car_man HOST Jun 28, 2007 (1:54 am)
Replying to: wardell (May 27, 2007 6:23 pm) Hey LW. See my previous post for the 36 month numbers for a lease of an '07 Titan. If you were to lease an '08 Titan Crew Cab LE through NMAC right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00230 and 50%, respectively. The money factor for an otherwise identical 39 month lease would be the same, but its residual value would be 49%.   Car_man Host Prices Paid Forum
#38 of 51 2007 Crew Cab 4x4 LE Lease by goose1207 Jul 25, 2007 (2:49 pm)
What is the current money factor? I was near the local dealer today and decided to stop by and take a look. I talked them down to $399/mo for 48mos. Is this a good deal? No nav or dvd on this truck. I didnt pull the trigger.   I also drove a 2008 but they said there were no deals on those and came up with a $663 lease payment for a 4x4 LE crew fully loaded with nav, bluetooth, etc. no dvd I believe.   Thanks. Replies to this message: Car_man (Aug 03, 2007 2:52 am)
#39 of 51 Re: 2007 Crew Cab 4x4 LE Lease [goose1207] by Car_man HOST Aug 03, 2007 (2:52 am)
Replying to: goose1207 (Jul 25, 2007 2:49 pm) Hi goose1207. You never mentioned the selling price or MSRP of the Titan that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this what truck's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.   As far as its current lease program goes, Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 48 month lease of a 2007 Titan Crew Cab LE 4WD with 15,000 miles per year are .00120 and 49%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#40 of 51 2008 Titan LE Lease by wardell Sep 28, 2007 (11:12 am)
Hi Car_man   Thank you for all of the great information. I have 2 questions for you. I currently lease a 2006 Titan LE Crewcab and the lease is coming to an end. The vehicle has very low miles on it. I was wondering if it is possible to trade the vehicle in or sell it to capitalize on some of the equity.   My second question, I'm interested in leasing a 2008 Titan Crewcab LE and was wondering what the current money factors and residual values were for 3 yrs 12,000 and 15,000 miles per year. Thank you. Replies to this message: Car_man (Oct 22, 2007 2:28 am)
#42 of 51 Re: 2008 Titan LE Lease [wardell] by Car_man HOST Oct 22, 2007 (2:28 am)
Replying to: wardell (Sep 28, 2007 11:12 am) You're very welcome, wardell. Leased vehicles are usually not worth more than their purchase option prices, but consumers are occasionally able to purchase their leased vehicle and trade it in or sell it for a profit. You can determine if you might be able to make money off of your leased Titan by comparing its purchase option price to its current value. Place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". The difference between your leased vehicle's current value its purchase price will show you if you will be able to make money off of your truck.   Here is the information on the new Titan that you are interested in. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease off a 2008 Titan Crew Cab LE 4WD with 15,000 miles per year are .00295 and 45%, respectively. The residual value for a lease of this truck with only 12,000 miles per year would be 1% higher.   As you can see, Nissan's money factor for the '08 Titan is not very attractive. That is because it is not currently providing any lease money factor support on this model. That's the bad news. The good news is that it is providing a large cash incentive on leases of it right now. Specifically, there is $4,250 lease cash on the '08 Titan Crew Cab. Make sure to use this cash to negotiate an attractive capitalized cost on the truck that you want to lease.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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