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Nissan Titan Lease Questions

42 messages,  Last post on Oct 22, 2007 at 3:28 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#10 of 42
06 Titan leasing by jgame1122
Mar 14, 2006 (3:27 pm)
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What does all the residual value and all that mean? Like with the knockoff question on the 06 Titan crew cab le 4wd...over say 24 months what would the payments break down to...And can you bargain the price down on leasing or are you just stuck to what they say and can walk if you don't like it?
#11 of 42
Re: 06 Titan leasing [jgame1122] by Car_man HOST
Mar 22, 2006 (4:17 am)
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Replying to: jgame1122 (Mar 14, 2006 3:27 pm)

Hi jgame1122. It sounds like you are new to the world of leasing. If so, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
The selling prices of leased vehicles are absolutely negotiable, just as if you were paying cash or financing (other than the fact that the incentives are different). I would be happy to estimate what this truck's lease payment should be for you. However, in order for me to do so I need some additional information from you first. This info includes its full MSRP, approximate selling price, how long you want to lease it for, and how many miles per year you need to be allowed to drive it.
 
Car_man
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#12 of 42
Re: 06 Titan leasing [Car_man] by jgame1122
Mar 22, 2006 (8:01 am)
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Replying to: Car_man (Mar 22, 2006 4:17 am)

Thanks for your assistance but I ended up purchasing one this weekend...I feel good about the price I paid and we plan to hold on to it for a good amount of time, so hopefully I made the right decision to purchase instead of lease...We're very determined people and when I had asked you the question we had already had it set in our minds that by last weekend we were going to be driving a Titan, and sure enough we are so thanks again
jgame1122
#13 of 42
Re: 06 Titan leasing [Car_man] by golfdude1
Mar 30, 2006 (7:54 pm)
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Replying to: Car_man (Mar 22, 2006 4:17 am)

Car-man, I just came back from the dealership and something stump me and I thought you might be able to help me out with it. I know the selling price is negotiable but the salesman did something I just couldn't figure out at all. We negotiated the final price of the Titan to be at $21,000. Here's the lease term.
 
06 TITAN KING CAB XE, Pref. Pkg, Trac. Pkg, Tow PCK, MSRP $25925, Negiotiated selling price $23,492, 36 month lease, 15k per year, Money factor .00105, Residual 45%.
 
Here's the thing that got me stumped. He said if I purchase the vehicle, the neg. price would be $21,000 but if I lease it, it would be $23,492. Please advised what/why the sales man did that? Thanks!!!!!!!
#14 of 42
Re: 06 Titan leasing [golfdude1] by kyfdx HOST
Mar 31, 2006 (10:21 am)
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Replying to: golfdude1 (Mar 30, 2006 7:54 pm)

Car_man can probably give you the definitive answer...
 
But, it looks like there are rebates on the Titan right now.. Many times, those rebates are only good on purchases... The leases will have different incentives... Possibly extra low money factors or pumped up residuals.. (low money factor, in this case).
 
So, even though you are giving up the rebate, it is most likely mitigated by a below-market money factor on the lease.. .00105 equates to around 2.5% interest.. Definitely cheap..
 
regards,
kyfdx
Host-Prices Paid Forums
#15 of 42
Re: 06 Titan leasing [jgame1122] by Car_man HOST
Apr 12, 2006 (2:56 am)
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Replying to: jgame1122 (Mar 22, 2006 8:01 am)

You're very welcome, jgame1122. Enjoy your new truck!
 
Car_man
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#16 of 42
Re: 06 Titan leasing [golfdude1] by Car_man HOST
Apr 12, 2006 (3:02 am)
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Replying to: golfdude1 (Mar 30, 2006 7:54 pm)

Hello golfdude1. The reason why this truck's selling price is higher if you lease it than if you pay cash for it is that Nissan is currently providing $2,750 customer cash on '06 Titan King Cab models that is good on cash purchases, but is not compatible with Nissan's special lease program. Nissan is spending so much to provide an attractive lease money factor and residual value on this truck that they don't want to provide additional cash support on leases.
 
Car_man
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#17 of 42
June 06 Titan Lease Programs by buckaroo2
Jun 05, 2006 (8:54 pm)
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Hi Car_man - I can't find anything about current Nissan Titan lease programs that may be in effect? Can you advise if there are any specials for leases? I'm looking at a 2006 LE Crew Cab - maybe 2wd or 4wd (haven't made up my mind yet). I'm located in Florida if that makes a difference.
 
I've got some negative equity in my trade, so the current $2,250 rebate would be nice, but can it be combined with their leases?
 
Any help is greatly appreciated. If there is a lease program, can you give me the money factor and residual for this truck? Also, please let me know if the lease deal can be combined with the rebate.
 
Thanks!!!
#18 of 42
Re: June 06 Titan Lease Programs [buckaroo2] by Car_man HOST
Jun 22, 2006 (3:40 am)
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Replying to: buckaroo2 (Jun 05, 2006 8:54 pm)

Hi buckaroo2. Nissan is currently providing lease support on the 2006 Titan. This truck's lease program varies depending upon how long you lease it for. Its 36 month lease program appears to be the most attractive right now. If you were to lease a 2006 Nissan Titan Crew Cab LE 4WD through Nissan Motor Acceptance Corp. right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00047 and interestingly 47%, respectively. The money factor for an otherwise identical lease of an '06 Titan Crew Cab LE 2WD would be the same, but its residual value would be 44%. Unfortunately, the customer cash that is currently available on this truck is not compatible with its NMAC's special lease program.
 
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