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1,503not only is it bad to be out of the warranty for 3 months on a vehicle you don't even own, God for bid something happens, but you pay registration for 4 years; even on a 39 month lease, 9 of those months you won't even have the vehicle that you paid registration for!

and yes, I know Nissan claims that their 39 month leases give the best price but its all a bunch of BS; they tried to pull the same thing on my 2010 Maxima lease but I told them no, and then when I gave my reasoning for having the 36 month lease and Nissan's warranty being 36 month and the extra registration I'd be paying for that I wouldn't be using, the salesman didn't know what to say!

138,515The main problem that I see with your calculations is that vehicle's residual values should bee multiplied by their full MSRPs including the destination charge and the MSRPs of any options that can be residualized, not their selling prices.

I would be happy to work up a payment on this car for you if you provide me with its MSRP (you already mentioned the selling price).

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38,515Find out what this car's selling price and full MSRP are and let us know. I'm sure that either myself or another knowledgeable community member will gladly let you know what they think.

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38,515The money factor that you were quoted to lease the Maxima that you are interested in is right in line with Nissan Motor Acceptance Corp.'s current buy rate for this model. That is always a good thing.

The other important variable that I always look at when evaluating a lease is the vehicle's selling price. I tried to configure a similar car to see what its MSRP is, but I can't seem to find the remote starter option's pricing. Let me know what this car's exact MSRP is and I will tell you what I think of the selling price that you are being given.

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38,515If you really want to lease a Max at this point, you probably would be better off going with a 2010 model. Nissan Motor Acceptance Corp.'s November buy rate lease money factor for a 36 month lease of a 2010 Maxima SV with 12,000 miles per year are .00122 and 57%, respectively. The numbers for an otherwise identical 39 month lease are .00122 and 56%.

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32010 Maxima SV Sport Tech Pkg $390/mo 0 down 36months 15k/year

4Trying to figure out whether I got a decent deal. Given that payments on similarly priced vehicles are all over the board, I've lost my perspective.

2010 Nissan Maxima SV - with just monitor package, splash guards and mats.

MSRP on vehicle was $34,950 (including destination charge)

Dealer paid off the 2 months left on my existing lease for total of $900.

I put a total of $1,000 out of pocket (inclusive of first month's payment, title, etc.)

Payment is $342 a month plus sales tax (6%) equaling $363 a month for 39 months @ 12k miles per year.

10If you got that deal, it is awsome. What did you pay for the car? Based on my calcuations, it would need to be around $2000 below invoice (which would put it at around $350 below the dealer's actual cost). This assumes MF=0.00122 and residual of 58%.

Please let me know what you paid for the car and your lease numbers. Thanks.

32010 Nissan Maxima SV Prem pkg, Rear Spoiler, Splash guards, Floor&Trunk mats.MSRP $37,850 -incentives of $1,750($750 lease loyalty, $1,000 dealer incentive)

0 down / 39 month lease / 15k miles per year / Final Cap Cost $32,045

$346 per month / $367 per month incl. sales tax MA 6.25%

Out the door for $1,216 = $595 acquisition fee(no getting around that one), $367 first month payment, TTL $154, $100 doc. fee

Residual Value of 58%= $21,953

Money Factor= .00122 (min. credit score of 740)

I realize I paid the doc. fee after advising one should never pay this fee. The dealers printed doc. fee on all forms was $444, as these fees are uncapped in Massachusetts. We had negotiated a final price of 32345, but the doc. fee was not to be waived. Talked them down to $32,045 and agreed to the $100, not bad.

3MSRP: $37,600

Cap Cost:$33,120 (includes $750 Nissan Rebate and $500 owner loyalty)

Base on current lease programs, you would pay $412+tax for 39 months 15,000 mile per year with approved credit. Upfront fees required include: $595 Acq Fee, $444 doc fee, registration and sticker. Sorry, we don't waive the doc fee. You can transfer the plates from the Murano to the Maxima.

12Fitzmall has a maxima SV w/ Premium Tech for 33,393, MSRP: 39700, Invoice 36074, this includes destination.

Using the MF / Res you provided, you are talking 356/Month not including taxes of course.

Not bad.

5$37,480 MSRP

$4,680 off

$32,800 Sell price

$1000 down

443 per month 39 months

12k

And

$34,250

$5,122 off

$29,128 Sell price

$1000 down

385 month for 38months

http://www.theautoleasecalculator.com/ I used this calculator and came out with way lower monthly payments am i doing somthing wrong?

btw i saw there residual was .56

money factor was .00122

7% TAX

all i want is a fully loaded maxima 39000 msrp for 400 month for 39 months 1000 down is it possiable with that money factor and residual??? or am i asking for too much

3335the maxima with the

MSRP of $37,480 is the sv premium with bs floormats

MSRP $34,250 is standard sv with no options

53Thanks

10Can you provide me with the December money factor and residual for a 2010 Maxima SV Sport with Tech Package? 36 months, 12,000 miles per year.

Also, there is currently a rebate pf $1,250 on this car - would it apply to the lease?

I am in Florida if that matters.

Thanks!

3310Last month, Nissan threw in an extra $1000 around Thanksgiving. Maybe a similar deal around the holidays.

49311I ran across your post, ran the numbers you provided and this is what I've discovered: THEY ARE RIPPING YOU OFF!!!

I am so shocked by what they are trying to do you (as well as many other cumstors), I literally just signed up with this forum moments ago.

Based on what you are providing, this is how it actually breaks down:

The $4,680 off the MSRP - tells you that the dealership is agreeing to a Selling Price (CAP Cost) of $32,800.

The $1000 down - ask them if it reduces the CAP Cost. If it does, your Net (Adjusted) CAP Cost would be $31,800 (which is what you should use to determine your base monthly payments). If not, the $1000 down represents your 1st Month payment, Title, Doc Fees, and possibly Security Deposit upfront. ASK THEM!

As for the remaining numbers: In order to get you to $443/month (including a 7% tax rate) with a 56% Residual Value over 39 months, your Money Factor would be .00207 (4.97% Interest Rate) - and not the .00122 you quoted.

If you were to use these same numbers with the .00122 Money Factor (2.93% Interest Rate), your monthly payments should be $394.27.

Keep in mind: these numbers do NOT include the $1000 down against the CAP Cost.

Good Luck tyshooter! And don't let them take you for a ride!

11Can you provide the following information? I may be able to help you.

MSRP

Selling Price (what you agreed to pay for the vehicle)

Residual Value

Money Factor

Your Local State Tax

- TALC

11Selling Price (what you agreed to pay for the vehicle)

Residual Value (either % percent or $ value)

Local State Tax Rate

Number of Months (Term) you plan to lease

Money Factor

From here, you can adjust your monthly payments by reducing the CAP Cost (Selling Price), negotiating a better Money Factor, or improving the Residual Value by adjusting your annual miles allotment (10K, 12K, 15K).

Leases can save you hundreds on a car payment (if done correctly), or can cost you hundreds (if you're not prepared).

Good luck and don't let them take you for a ride!

3MSRP 37120

Selling Price 33759

Residual 20460

Money Factor .00122

State Tax is 6%

Thanks for your help, I truly appreciate it.

11Based on your numbers, and assuming we are not adjusting the CAP Cost (Selling Price) with a down payment and your lease term is 39 months, here is what your payments should be:

39 month lease: $431.58/month (includes taxes)

- Monthly Base: $341.00

- Monthly Finance Charges: $66.15

- Monthly Taxes (at 6%): $24.43

Your Drive-off (the amount you would pay upfront) would include the following:

1st month's payment

Title Fee (which is for the tags)

Doc Fee (administrative cost to process the lease)

Security Deposit (typically around $500 but is not always applied)

If the lease requires an Acquisition Fee (which I call a "Dealership Charge"), and that fee is included in the lease, you would need to add it to your CAP Cost. If you can, and the dealership allows for it, pay it upfront (at closing in your Drive-off) so you are not paying taxes and finance charges on it every month for the term of the lease.

Now let's say you were to put $1000 down against the CAP Cost (Selling Price). Here are those numbers:

Monthly Payments: $403.11/month (incudes taxes)

- Monthly Base: $315.36

- Monthly Finance Charges: $64.93

- Monthly Taxes (at 6%): $22.82

Drive-off in this case would include $1060.

- $1000 for the down payment

- $60 for taxes (at 6%) on that down payment

So as you can see, $1000 down against the CAP Cost will save you $28.47/month - which is a total of $1110.33 for the term of the lease (39 months). Which means, $1000 down upfront will actually save you $110.33 ($1110.33 - $1000).

Hope this helps.

- TALC

537500 msrp premium with spoiler

32820 (sell price )

1000 down (added to cap cost)also add 595 acq fee

$389 a month

39 months

the only thing is i dont want to put down $1000 down cause i know the dealer just pockets that for themeselves

The question is should i tell them to knock off another $1000 off the msrp?

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