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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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#555 of 600
Re: October Lease numbers? [djdez] by Car_man HOST
Oct 12, 2009 (2:01 am)
Reply

Replying to: djdez (Oct 09, 2009 8:45 am)

No problem, djdez. Here's the 2009 info.
 
Nissan Motor Acceptance Corp.'s October buy rate lease money factor for a 36 month lease of a 2009 Maxima SV with 12,000 miles per year are .00081 and 53%, respectively. The numbers for an otherwise identical 39 month lease are .00081 and 52%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#556 of 600
09 Maxima S lease by procrastinat
Oct 13, 2009 (6:45 am)
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What's up guys...been lurking around here for a bit, just joined. I traded in my 06 Maxima SE in August and am in the market for new Max. I went to the dealer I leased the 06 at and heres the figures they gave me. (Dealer in NJ)
 
09 Maxima S
 
39 month lease 12k miles per yr
Msrp 31,230
$2,500 (out of pocket) includes taxes and fees(NYS by the way)
$1,000 nissan loyalty
$289 per month
 
Please me know what you guys think of this deal. Although I have leased one car in the past, I consider myself a newbie. Any help will be greatly appreciated
                                                                            Thanks
#557 of 600
Re: 09 Maxima S lease [procrastinat] by njshorewill
Oct 13, 2009 (9:30 pm)
Reply

Replying to: procrastinat (Oct 13, 2009 6:45 am)

DON'T pay the Sales Tax up front..Pay it monthly as you go along.
 
I still don't know what's going to happen with my car...we're closing in on $19,000 in damage, and they're still talking repairs....
 
Back to the point, I paid all of the sales tax as part of my Cap Cost Reduction. I've made 9 payments on the car. If it is declared a total loss, I will have paid $900 in taxes for unincurred expenses, and I know I won't recoup those funds.
 
Also if you should move to another state, that state will require whatever THEIR sales tax amount be added to your payment. That happened to me when I was working in CT, and had my mailed forwarded there...I quickly changed it to my parent's address in NJ.
 
Try to have you monthly statement show your car payment and tax separately. The IRS is going to allow sales tax deductions on major purchases if you itemize.
 
Back to my situation, Regardless, I'd rather eat the $900 rather than have to keep an essentially destroyed then rebuilt vehicle, that will more than likely me be nothing but a headache going forward. I also suspect that my warranty will be essentially voided since there will be so many replacement parts, and they will lkely blame any problems on the accident.
 
Also, NMAC, does NOT get involved in any of the claim process or adjustments.
#558 of 600
ARBITRATION by njshorewill
Oct 13, 2009 (9:33 pm)
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I wanted to make this a separate post, wondering if anyone has been in my sitaution..where the car is thisclose to being declared a total loss.
 
Has anyone ever gotten an independent arbitrator to inspec their vehicles and/or settle the matter.
 
I'd appreciate any advice you could give me..my head is really spinning over all of this.
#559 of 600
2010 maxima lease by candy7371
Oct 24, 2009 (5:15 pm)
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Hi there... I got a quote today for a 2010 maxima 3.5 SV with premium and sport pckg... MSRP $38,400
 
Lease is for 39 months
12,000 miles
$1900 down (incl tag and first month)
Also they are paying the last pymt on the car I currently lease now which is $430
pymt will be $445 tax included
 
Does this sound like a good deal?
#560 of 600
Insurance Company TOTALED my '09 Maxima by njshorewill
Oct 24, 2009 (6:40 pm)
Reply
It's been a hectic week and a half since I last posted, but to let you know that my insurance company DID declare my Maxima a total loss, and the appraiser intended to all along. The $17K estimate did not include structural damage at the "B" Pillar, Frame, etc, which he estimated at another $3,000 to $5,000. I didn't even notice that the roof was even buckled!
 
It was the Body Shop that was pushing to fix the car (hey, how many days do you get a $20K job to do?). When I got in contact with Adjustor and Appraiser and told them that the body shop was pressuring me to authorize them to start work, they cut the cord...they said that their experience with such severely damaged leased vehicles come back to bite them at lease turn in.
 
Between Insurance Settlement and Gap, I won't be out of pocket, and I should get back the prepaid Sales Tax and Excess Mileage, plus anything else, so I should get over $2,000 back.
 
So this should be the end to this saga...I'll start a new post about MY....
#561 of 600
Leased a 2010 Maxima SV w. Sport Package by njshorewill
Oct 24, 2009 (7:03 pm)
Reply
I had essentially worked out a deal before my Insurance Carrier declared the car totaled, so all I needed to do was do the paperwork...
 
Here's the deal I got
 
Maxima SV w. Sport and Monitor Package, Mats & Splash Guards...Sticker $36,980 (Invoice $33,950). Negotiated price to $33,750.
 
Received $1,750 in rebate money under the "Tent Sale" event...applied to downpayment, also paid $1,750 out of pocket.
 
$3,500 down, inc. Cap Cost Reduction, 1st month, Acquisition Fee, DMV,
 
39 Months,
15K Miles (Prepaid 9,750 miles .10 - $975. Damned if I paid/damned if I didn't)
$421 plus tax.
 
Got Crimson Black with Charcoal Leather Great Color, still wish they had Frost Gray)
 
So in all, I paid $2,750 Less out of pocket, paying about $20 a month for a car that stickered for almost $2,000 more than the 2009 Maxima that I leased less than 10 months prior.
 
Also, everyone should remember that the IRS is allowing a Sales Tax deduction for the purchase of a new automobile on their 2009 Tax Returns.
#562 of 600
Re: Leased a 2010 Maxima SV w. Sport Package [njshorewill] by sahil908
Oct 25, 2009 (3:15 pm)
Reply

Replying to: njshorewill (Oct 24, 2009 7:03 pm)

Congrats man....everything worked out for the best!
#563 of 600
Re: Leased a 2010 Maxima SV w. Sport Package [njshorewill] by rodolan
Oct 25, 2009 (5:37 pm)
Reply

Replying to: njshorewill (Oct 24, 2009 7:03 pm)

I was told you couldn't deduct sales tax on a leased car. Hope I 'm wrong but the owner of a dealership said since you don't actually take ownership of the car you can't take the deductions.
#564 of 600
2009 Sv and 2010 S(base) by procrastinat
Oct 25, 2009 (9:02 pm)
Reply
Car Man,
Still searching for a deal. Can you please post the October rates for a 2009 SV, and 2010 S maxima. Would appreciate it. Thanks

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