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2013 and earlier Nissan Maxima Lease Questions

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  • No problem, lexi72. Dealer invoice is an excellent selling price for a leased Nissan Maxima. I doubt that the dealer is marking up your car's money factor, Nissan dealers rarely do, so you should be good to go.

    Car_man
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  • You're welcome, 3rdGO350. Thanks for the additional information. OK, so you were offered a selling price of $35,800 on a 2009 Nissan Maxima SV that has an MSRP of $39,205. The dealer invoice price of this car is probably around $35,700 or so. As you can see, the selling price that you are being given is incredibly close to dealer invoice. This looks like an excellent deal to me.

    Car_man
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  • bmcnybmcny Posts: 1
    Hi, I am looking to lease a new 09 Maxima SV in western, NY. 39mo lease with 12,000 mi/yr with tax, first month and bank fee down. Will add $1000 more down if brings payments within range. I was wondering what good deals anyone has seen out there or have already made? Any help would be greatly appreciated!
  • sam_ksam_k Posts: 113
    Car_man,

    Could you please give me the February lease terms for both the Maxima S and SV for both 36 and 39 month leases with 12K miles per year. Also, does Nissan apply the residual percentage to the entire sticker price or do the same thing with residuals like Toyota where the residual percentage is not applied to some or all options which means you have to pay for 100% of the options in the lease.

    I know I'm all over the forums asking you for lease numbers but I'm just trying to compare the lease terms of various cars. Thanks.
  • hi. I am looking at leasing a 2009 maxima premium package. they offered me a net of 3000 for my trade and want me to bring 1000 to table. lease for 480/month with 20000 miles per year. is that good?

    thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Greetings Sam. Through March 2nd, Nissan Motor Acceptance Corp.'s buy rate lease money factor and residual value for a 36 month lease of a 2009 Maxima S with 12,000 miles per year are .00226 and 60%, respectively. The numbers for an otherwise identical 39 month lease are .00226 and 59%.

    NMAC's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Maxima SV with 12,000 miles per year are .00226 and 57%. the numbers for an otherwise identical 39 month lease are .00226 and 56%.

    This is Nissan's February lease program. It is scheduled to run through March 2nd. If you would like Nissan's March numbers, please check back with me in a few days and I will gladly fill you in on the details of the new program.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hey sam. I just noticed your second question. Yes, unlike Toyota Financial Services, NMAC does allow the residualization off all factory-installed and most dealer-installed options.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi sfoley. The best way to evaluate this deal is to leave the money from your trade out of the equation at first and just look at the selling price that the dealer is charging you for the Maxima that you want. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Let us know what the selling price is and either myself or another knowledgeable community member will be happy to give you their opinion of your deal.

    Car_man
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  • sam_ksam_k Posts: 113
    Car_man,

    That's great that Nissan allows residualization of most dealer installed options. I don't remember Lexus doing that when I leased through Lexus Financial Services. I'm assuming that Infiniti would have the same policy with dealer installed options. Is that correct? Thanks.

    Sam
  • sfoleysfoley Posts: 2
    hi. i ended up making the deal. the gross capitalized cost was 35266.92. which from everything i researched was average if not slightly high. but i did go to another nissan dealer and found a comparable car and their payments were 150 more per month on an identical parameters. i told the salesman the offer the dealer made and he said there is no way i could get that deal the numbers were wrong. he called the following day and was still baffled. i even ran the numbers through edmunds lease calculator and paymetns should be about 100 more a month. so i am kinda confused.
  • sam_ksam_k Posts: 113
    Car_man,

    Any word on the March leasing terms for the 2009 Maxima SV? Again, I'm interested in 36 and 39 month leasing terms for 12K and 10K miles per year. Thanks in advance.

    Sam
    .
  • sam_ksam_k Posts: 113
    Actually I think I'm going to stick with a 36 month lease on the Maxima SV. The basic warranty is only 36 months / 36,000 miles so with a 39 month lease, you're not covered for everything the last 3 months of the lease. Most luxury cars have a 4 year basic warranty (such as Infiniti) so you'd be covered for a 39 month lease.
  • nyc7535nyc7535 Posts: 2
    Just signed lease yesterday at Starr Nissan in NY

    Maxima S
    39 Months 10K

    340 month (Including bank fee)

    First, tax and plates total due at signing total ($1685)
    Money factor ,00220
    Residual 58%

    MSRP 30,185
    Cap cost 26,342
    Adjusted cap 26,937 (over 2000 under invoice, 750 cash back to dealer included)

    Went through Hann financing which does have a 450 disposition fee, but NMAC has a 350 fee i hear as well so no big difference and gap is included being that it is NY
  • That is a VERY GOOD deal.

    How were you able to negotiate the $2,000 under invoice? Usually they are not available in nyc.

    I was able to find more than $2K off invoice for 2009 SV in tennessee though:
    http://www.autonation.com/index.cfm?vehicle=2009_Nissan_Maxima&action=InventoryS- - - - earch&subaction=SearchDetailNew&InventoryID=16802832&inventorytype=New&preauctio- - - - nsearch=
  • bman33bman33 Posts: 59
    Car_man:

    I am also looking for 2009 Maxima SV March, 2009 lease rates. I am interested in 36 month/45000 and 39 month/48750 money factors and residuals. Please also list any applicable rebates/lease cash/etc you are aware of.

    Thanks,

    Brian
  • nyc7535nyc7535 Posts: 2
    Thanks, as i stated the $2,000 under invoice did include the $750 manufacturer to dealer cash back so it was around $1,350 under invoice. Seems like the Maxima although a great car is not selling well. My third Maxima lease and never got one below invoice.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hey Sam. Here's the latest info for you. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2009 Nissan Maxima SV with 12,000 miles per year are .00226 and 57%. The numbers for an otherwise identical 39 month lease are .00226 and 56%.

    I'm not sure if NMAC offers leases with only 10,000 miles per year, but if it does the residual values for that allowance are probably 1% higher than the above residuals.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Congrats on getting your new Maxima, nyc7535. Thanks for taking the time to share the details of your lease with everyone. If you have the time, make sure to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your new ride :shades: !

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi Brian. Here's the information that you're looking for. NMAC's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Maxima SV with 15,000 miles per year are .00226 and 56%, respectively. The numbers for an otherwise identical 39 month lease are .00226 and 55%. Nissan is providing some dealer cash on this car to dealers who hit certain sales targets, but I don't believe that it has any consumer cash incentives on this model right now.

    Car_man
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This discussion has been closed.