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Nissan Xterra: Lease Questions

49 messages,  Last post on May 28, 2009 at 3:52 AM

You are in the Nissan Xterra Forum.

What is this discussion about? Nissan Xterra, Car Leasing, SUV

Messages Page 6 of 6

#46 of 49 Xterra Rip Off? by zooch76

May 01, 2009 (8:44 pm)

Hi Everyone,
 
I went to lease an 09 Xterra Off Road but the numbers were insane. The dealer claimed the following:
 
Money Factor: .00390
Residual: 36%
 
Needless to say, both of these numbers drove the payment through the roof! I have tier 2 credit but still, that residual really killed it. And besides, credit shouldn't effect the residual, should it? I am in Southern California.
 
Thanks,
Zach

#47 of 49 Re: Xterra Rip Off? [zooch76] by Car_man HOST

May 05, 2009 (3:09 am)

Replying to: zooch76 (May 01, 2009 8:44 pm)
Hi Zach. If you are set on leasing your next vehicle, then the Xterra is definitely not for you. Nissan is not currently providing any lease support on the 2009 Xterra. As a result, if you were to lease one through Nissan Motor acceptance Corp. right now you would have to use its standard lease money factor. At .00310, NMAC's top buy rate standard lease money factor is better than what you were quoted, but still bad. That's equivalent to an interest rate of a little over 7.4%.
 
The Xterra's residual values are terrible as well. We're talking in the high 30% area for a 36 month, 15,000 mile per year lease. Ouch .
 
This is not the truck for someone who wants to lease.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#48 of 49 Re: Xterra Rip Off? [Car_man] by zooch76

May 05, 2009 (8:57 am)

Replying to: Car_man (May 05, 2009 3:09 am)
Thanks for the info Car_man! These boards are great and you do a great job providing answers for everyone, especially the people like me who have so many questions! Thanks again!

#49 of 49 Re: Xterra Rip Off? [zooch76] by Car_man HOST

May 28, 2009 (3:52 am)

Replying to: zooch76 (May 05, 2009 8:57 am)
You're very welcome, zooch76. Thanks for the kind words.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 6 of 6

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