68 messages,
Last post on Apr 17, 2013 at 8:29 AM
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Nissan Quest, Car Leasing, Van
#59 of 68 Nissan Quest SE 2012 lease deal
by janoo
Sep 16, 2012 (10:26 am)
Hi am planning to taking delivery of an Nissan Quest 2012 LE model with out moon roof. The car has an MSRP of $43625. I have made a deal that total of out pocket monies including taxes, destination charge, motor vehicle and acquistion fee, bank fee etc for a total of $4000 and no other money out of pocket is required. The lease price per month which includes the gap insurance is $465 for 39 months 12000 miles per anum. What is your opinion of this deal for anyone that can answer would be greatly appreciated?
#60 of 68 Quest SL Lease
by deuzcent
Sep 16, 2012 (11:25 am)
Hi all,
Just wanted to add a data point for a Quest SL that I leased yesterday.
15k miles/year 39 month lease
54% Residual
.00145 mf
MSRP: 35655.00
Net Cap Cost: 30945.00 (Includes Acquisition Fee/Dealer Fees/Tag/etc.)
Total due at signing $410 ($394 monthly payment + $16 down..don't ask me why)
Monthly Payment: $394 inc/tax
#61 of 68 How to figure money factor conversion to %
by bigcarpage
Jan 21, 2013 (10:54 am)
Take the money factor and multiply by 2,400 and you get the interest rate equivalent.
Most leases are pegged to 15,000 miles per year, because that is the average people drive per year. THIS IS THE STANDARD! The reason you see ads for 12,000 or 10,000 miles if because there is a bump in the residual value and they can advertise a lower payment. You can get up to 25,000 miles per year in most leases.
If you are a high mile driver and change cars every 3 years, leasing is perfect. Instead of being upside down, you get a payment similar to the buy option (leases are normally lower because you are only paying for a portion of the vehicle) without being told you're upside down $5,000 because you have a 3 year old car with 75,000 miles.
The only people who buy those cars are people looking for a killer deal.
#62 of 68 2012 & 2013 Quest SV money factor & residuals
by dacarmon
Feb 17, 2013 (10:31 pm)
Hi Car_man,
What is the lease money factor and residual value for a 36-month lease of a 2013 Quest SV both with and without the leather package for a 15K mile per year lease in Florida.
Also there may be a few 2012s out there - any difference in numbers on 2012s?
#63 of 68 Re: 2012 & 2013 Quest SV money factor & residuals [dacarmon]
by Car_man HOST
Feb 19, 2013 (5:17 pm)
Hi dacarmon. NMAC's February buy rate lease money factor and residual value for a 36-month lease of a 2012 Quest SV with 15,000 miles per year are .00093 and 53% for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a 2013 model are .00155 and 52%.
There is a $1,450 cash incentive on leases of the 2012 model and $1,425 on the 2013 model.
Car_man
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#64 of 68 Re: 2012 & 2013 Quest SV money factor & residuals [Car_man]
by dacarmon
Feb 20, 2013 (11:13 pm)
Thank you Car_man! I really appreciate the info.
What are the numbers on the 2012 SL? On the incentives page, I noticed the 2012 SL has $1750 in dealer cash and that both the SV and SL have a $500 bonus offer.
There is also a $3000 customer offer though I'm assuming this only applies to purchases. On the SL can you confirm that the $500 and $1750 would apply to leases and whether or not the $3000 would apply to leases or only for purchases?
#65 of 68 Re: Quest SL Lease [deuzcent]
by shenanigans
Feb 21, 2013 (5:01 pm)
What year was the Quest you picked up?
#66 of 68 Re: Quest SL Lease [shenanigans]
by padoo
Feb 25, 2013 (10:40 am)
I got a Quest LE 2012 today
MSRP 45375
Invoice 40771
Rebates 1950
Negotiated price 40271 ( 500 below invoice)
MF .00093
Residual 49%
Payment 0 down $612
Total 35 Payments
#67 of 68 Re: 2012 & 2013 Quest SV money factor & residuals [dacarmon]
by Car_man HOST
Mar 04, 2013 (5:55 pm)
You're welcome dacarmon. NMAC's current buy rate lease money factor and residual value for a 36-month lease of a 2012 Quest SL with 15,000 miles per year are .00110 and 53% for consumers who qualify for its top credit tier.
You're right, the $3,000 consumer cash is not available on leases, but there is a $1,450 cash incentive that is. I can confirm the $500 bonus cash and the $1,750 dealer cash. The bonus cash is definitely available on leases and I think that the dealer cash is as well.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#68 of 68 Re: 2012 & 2013 Quest SV money factor & residuals [Car_man]
by brihagen
Apr 17, 2013 (8:29 am)
Im hoping someone can help me out...
Ive found a local dealer selling a 'new' leftover Quest SL for $24600. I haven't yet spoken to the dealer, but I was considering trying to lease the vehicle.
Can someone tell me what I can expect to pay for a 36month lease with 15,000mi/yr for that vehicle? And if I put $2k down on it?
Thanks in advance for any help