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Nissan Maxima: Lease Questions

600 messages,  Last post on Dec 05, 2009 at 1:11 PM

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What is this discussion about? Nissan Maxima, Car Leasing, Sedan

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#535 of 600 Re: Good, Bad, or Ugly Deal? [Car_man] by lucianol Sep 11, 2009 (7:12 pm)
Replying to: Car_man (Sep 09, 2009 2:30 am) Thank you Car_man for getting back to me. I did receive those numbers on a quote. .00066 mf and 52 % residual value for a 2009 for 36/15. I hope I can get something done soon. Looking at a SV with sports package. 36,200 msrp. Best quote so far was 32,150. But I recently discovered a $1500 loyalty incentive. Replies to this message: Car_man (Sep 22, 2009 1:40 am)
#536 of 600 Re: September Lease #s [sahil908] by Car_man HOST Sep 21, 2009 (2:36 am)
Replying to: sahil908 (Sep 09, 2009 5:58 am) You're very welcome, sahil908. You did well for yourself. Two grand under invoice plus 0% for 5 years is an excellent deal. Enjoy your new ride !   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: sahil908 (Sep 22, 2009 7:20 am) peruggia (Oct 01, 2009 5:31 am) Car_man (Oct 09, 2009 2:43 am)
#537 of 600 NY/NJ SV lease deals by srizzo Sep 21, 2009 (5:04 pm)
I am looking to lease an '09 Maxima SV with premium pkg & tech. Just wondering what the best deals were out there? I bid it out to dealers in both NY and NJ. I always like to know how low the bar has been set before I negotiate. Thanks!
#538 of 600 Money factor and residual primer by srizzo Sep 21, 2009 (5:46 pm)
Can someone please explain how the money factor and residual values work when leasing? Do they generally make for better deals as the model year ends? Or when the new model year begins? I am looking at leasing an SV. Thanks. Replies to this message: Car_man (Sep 22, 2009 1:44 am)
#539 of 600 Re: Finalizing the deal [maximadrive5oo] by Car_man HOST Sep 22, 2009 (1:39 am)
Replying to: maximadrive5oo (Sep 11, 2009 2:08 pm) Hi maximadrive5oo. At lease signing most consumers have to pay their vehicle's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 or $50 increment (NMAC usually waives this), a $595 acquisition fee, and any required state taxes or fees.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#540 of 600 Re: Good, Bad, or Ugly Deal? [lucianol] by Car_man HOST Sep 22, 2009 (1:40 am)
Replying to: lucianol (Sep 11, 2009 7:12 pm) You're very welcome, lucianol. Good luck in your negotiations.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#541 of 600 Re: Money factor and residual primer [srizzo] by Car_man HOST Sep 22, 2009 (1:44 am)
Replying to: srizzo (Sep 21, 2009 5:46 pm) Hi srizzo. The following informative articles that are available here at Edmunds.com contain all of the information that you would ever want to know about money factors and residual values: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   In short, lease payments are composed of two main parts, the interest portion and the depreciation portion. Money factors are used to calculate the interest and residual values are used to calculate the depreciation. This oversimplifies things a little bit, but that's the general idea.   The "sweet spot" for leasing probably happens some time in the middle of the model year, early enough that vehicles' residual values have not dropped too low but late enough that the manufacturer has introduced some decent money factor support.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#542 of 600 Re: September Lease #s [Car_man] by sahil908 Sep 22, 2009 (7:20 am)
Replying to: Car_man (Sep 21, 2009 2:36 am) Thanks. Replies to this message: peruggia (Oct 01, 2009 5:31 am) Car_man (Oct 09, 2009 2:43 am)
#544 of 600 Re: September Lease #s [sahil908] by peruggia Oct 01, 2009 (5:31 am)
Replying to: sahil908 (Sep 22, 2009 7:20 am) To anyone out there looking at Maxima leases, I just picked up a 2010 maxima sv with mats cold pkg trunk org ... for $586 total due at signing and $397/ month including Pa's 9 % lease tax . It residual is 57% with a money factor of.00160. I have been watching these deals for a while and just had to pull the trigger. I was quoted the same out of a pocket and $378 for a 2009 maxima s just last week. I got this deal at O'Niel Nissan in Warminster Pa. Let me know what you think. I was told I got the entire $892 hold back in the deal and I tend to believe them. Good luck everyone

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