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2013 and earlier Nissan Maxima Lease Questions

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Comments

  • sandianasandiana Posts: 27
    9 months is obviously a lot of payments to roll in to the new deal, so the deal they're offering you sounds pretty good to me. However ... before you make any decisions, you may want to get a quote on a Maxima SV. Based on info from my dealer, I think the residuals may be higher on the SV's with packages. So, for the heck of it before making any decisions you may want to get a quote on one -- you might be surprised how much more car you can get into for a similar payment. Good luck!
  • mook12mook12 Posts: 60
    A dealership in nj is offering me $2250 in cash incentives that will almost take care of $2500 owed from the altima and then they told me the invoice is $29450 and they would bring it down another $1500 to 27000 so i should be in the low $300 per month range with very little down but this was over the phone so we ll see what they say when i walk in but i dont know how to use the leasing calculator to find out before i go there. if you can help me i really appreciate it
  • azax456azax456 Posts: 18
    edited June 2010
    That looks like a crazy good deal! My dealer in AZ is telling me there is only $500 available in rebates on the Maxima. Is that really true? Everyone here appears to be getting around $2000. This is obviously for a lease. I'm looking at a SV w/ sport and tech - $39090 MSRP
  • mook12mook12 Posts: 60
    they are lying go to different dealerships. Nissan has a $1250 cash back plus $500 bonus cash and then some will throw in another $500 for being a loyal customer so all together it adds up well. I just hope i could get them to lower the selling price and keep the residual high so my payments are low
  • sandianasandiana Posts: 27
    If you're BUYING vs. leasing and taking advantage of the 0% financing, then what they're telling you is the truth ... it's only $500-$1,000 in rebates (maybe the extra $500 is only available from some dealers or in certain states?) The full $2,000-$2,250 is definitely only for lease or if you finance on your own -- not combined with special financing.
  • azax456azax456 Posts: 18
    Thanks for the quick response guys. Do you guys know of anywhere online I can see these rebates which outline who can get them? I would like to take it into the dealer and show him how brown his eyes are so we can just do a deal already.

    Thanks again!
  • asd302asd302 Posts: 20
    Hey guys, this dealer is just outside of philly and for some reason they really want to move this car, and I am A-OK with that. I started with pricing from www.amexnetowrk.zag.com of which they are NOT a partner dealer but they dont want to lose any business so they beat it slightly. Then I said that I may want to do a loaded V6 altima instead because it was gonna be about $290/mo but they were going to have to go get one, so they sweetened the deal by a couple bucks on the Maxima. To be fair I do know the sales guy, he used to work for me, but I also am best friends with the owner of a different Nissan dealer that said no way to the deal so..... They also tried every trick in the book like adding profit to the MF, not allowing rebates, giving me quotes at 12k when I asked for 15k etc... I just kept "correcting" their "mistakes"
  • sandianasandiana Posts: 27
    Nissan's website lists the current incentives, and you can also find on Edmunds. It may depend on your zip code.
  • azax456azax456 Posts: 18
    I found that but it only explicitly says "lease deals" on the $500 cash. I can't find anywhere that says the $2000 rebate is good on lease deals.
  • sandianasandiana Posts: 27
    Some of the rebates were specific to the Maxima. I pulled it up the other day, and was pretty sure they were in effect until 6/30.
  • azax456azax456 Posts: 18
    Heres what edmunds shows:

    $2000 Cash to Customer start: 06/02/2010 end: 06/30/2010
    Restrictions $2000 Customer Retail Cash may not be combined with 0.0% APR - 1.9 % APR and vehicle must be financed through the manufacturer's captive finance company.
    Comments Dealer participation may vary. Incentives and Rebates are provided subject to the terms of our Visitor Agreement.

    $500 Cash to Customer start: 06/02/2010 end: 06/30/2010
    Restrictions $500 Bonus Cash is available to customers who finance or lease through Nissan Motor Acceptance Corporation. Cash can be combined with all existing offers. Please see your dealer for details.
    Comments Dealer participation may vary. Incentives and Rebates are provided subject to the terms of our Visitor Agreement.

    $500 Cash to Customer start: 06/02/2010 end: 06/30/2010
    Restrictions $500 Bonus Cash is available to customers who finance or lease a new and unregistered 2010 Maxima or 2010 Rogue. Please see your dealer for details.
    Comments Dealer participation may vary. Incentives and Rebates are provided subject to the terms of our Visitor Agreement.
  • mook12mook12 Posts: 60
    so what was the deal they gave you. I'm going tomorrow to a dealer in woodbridge nj i wanna be at $300 with $1500 out of pocket nothing more if they cant do it i ll shop around or just wait for november maybe i could get a 10 maxima cheaper since the 11 maxima will be in
  • sandianasandiana Posts: 27
    I got $2,000 in rebates on Saturday -- I'm in Illinois.
  • azax456azax456 Posts: 18
    So they told me today that only the $500 is available at MF of 0.0010. They said if I wanted to take a higher MF I would get full rebates. Here is the deal they are offering...please tell me they can do better.

    3.5 SV Premium Tech
    MSRP: $39,950
    Invoice: $36,305
    Sales price: $35,305
    Drive off fees: $1,475.91
    Acq fee: $595
    Adj cap cost: $37,375.91
    Payment with tax: $495.43

    This deal is ZERO down, everything rolled in. 39month/12K

    Thoughts please!! I'm in AZ, PHX area.
  • sandianasandiana Posts: 27
    I got .00100 along with the $2,000 in rebates, so that doesn't sound right. I qualified for top-tier credit, though. If you have great credit, I think that's BS.

    I copied this from an earlier post ... exact same MSRP as yours and a quite different payment:

    MSRP $39950
    Base cap $34650
    Rebates -$2250
    ADJ CAP $32400
    residual 54% $21573
    MF .00100
    39mo/15k
    9% pa lease tax
    Payment is $363 tax in, with $600 due at signing
  • azax456azax456 Posts: 18
    This person got an additional 3200ish off the MSRP which with some work I can hopefully get. That car has an even lower residual with the 15K miles and a 1% higher tax rate I'm really trying to figure out how they got that low. Even with the $600 down, thats maybe a total of $4000 difference in prices, I don't think that would make a $136 difference in monthly payment...I'm confused :/
  • sandianasandiana Posts: 27
    Yeah, I thought that seemed like a crazy good deal, too -- good for him, but I'm not sure how he got such a great deal, either. I posted my deal details -- feel free to refer to that (a little higher up in the postss), as it's probably more in line with the 'norm' of someone who shopped around a lot and got a good deal. I'm happy with the deal I made, and I know the deal I got was the best available to me in the area, as I got quotes from several dealers. Good luck to you! Will be interested in hearing where you end up. The good news is that you still have 5 days til these particular rebates end, which gives you time to shop around at other dealers.
  • mook12mook12 Posts: 60
    I think that person got a steal of a deal if its true but high 400's is alot even for a loaded maxima try to get within low 400's or even the 300's. Does anybody know when a dealer tells you that he is losing a negative amount of money and even tries to show you on the computer if this may be the truth or just lying
  • sandianasandiana Posts: 27
    On paper, my dealer lost money, too -- but, they wouldn't stay in business if they truly 'lost' $500-1,000 dollars on every car they sold/leased, so I'm thinking there must be some manufacturer to dealer incentives that aren't visible to us. Or, there's a way for them to write it off and come out ahead on taxes. I asked how they were making money on my deal, and they said they weren't but that each sale contributes to their bottom line -- bonuses based on volume, I'm thinking. You'd probably have to talk to a finance guy working at a dealership to get the straight story. Personally, knowing that I got a car for $712 under invoice plus another $2K in rebates, I'm pretty happy. If someone gets a better deal, I'm also happy for them, but I still feel good about mine :o)
  • asd302asd302 Posts: 20
    Hey guys, they are selling me the car for $32190 after all the rebates, thats how the payment is so low based on the .00100 and 54% and 39mo, the $600 due at signing is just 1st month and dmv stuff
  • azax456azax456 Posts: 18
    edited June 2010
    I don't know what my problem is. Four different, independent dealers in Phoenix have told me there is only $1000 in bonus cash available for leases right now. I think the reason your payment is so low is because all of your fee's are missing. With the acquisition, lease inception, registration, tax, document fee and all that jazz that jumps the price, at least in the deals they are offering me. How did you avoid all that?

    The latest deal I have been offered has a residual value of $21,972 (few hundred difference from yours), MF .001, plus fee's and tax with not a PENNY down were at $493.40 I am really confused and can't figure out how there is such a difference in monthly payments.

    Did you actually close this deal? If so I would be incredibly grateful if you posted a total breakdown of the lease and all monies involved. Dealer said if I could show them a solid, legitimate deal someone else got they would take a strong look at it and see how close they can get.

    Thank you in advance!!
  • mook12mook12 Posts: 60
    hey azax456 i got one offer for $426 a month with $2000 out of pocket but what i dont understand is he showed me on his computer the negotiated price for the maxima sv at $30000 and the residual was .55 and the payments are high. why is that are they hiding other figures i dont know also the s was $10 LESS than a month and he said he was taking a hit of negative $745 on the deal does any of this make sense
  • asd302asd302 Posts: 20
    Hey guys I picked up the maxima yesterday the deal went down almost exactly like I posted earlier:

    MSRP $39950
    Base cap $34650
    Rebates -$2250
    ADJ CAP $32400
    residual 54% $21573
    MF .00100
    39mo/15k
    9% pa lease tax
    Payment is $363 tax in, with $600 due at signing

    They did try to say that they messed up and it should have only been $2000 in rebates, but they split it in the end. Ended up being $687 out of pocket and payment of $368 including tax. Unfortunately I drove the car home and then left on business so I dont have any impressions yet really
  • kyfdxkyfdx Posts: 27,876
    edited June 2010
    That's an awesome lease payment for those terms on a $40K car..

    The Maxima is just about the best deal going in leasing, right now..

    Congratulations!

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • zamozamo Posts: 120
    Agreed. These deals only happen every once in a while and I doubt it will happen again for the Maxima.
  • mook12mook12 Posts: 60
    ok the best deal i got from 6 different dealers is the following. $339 monthly with $2000 out of pocket including ny tax and they are paying $2735 that i still owe on my altima. i dont know the residual or money factor but its based on tier 1 credit which i have. can anyone figure out if I am paying to much. oh the maxima s basic options is the car i am looking at
  • mook12mook12 Posts: 60
    Hi Carman, can you let me know if my deal sounds right. The selling price is unknown as is the money factor or residual they told me the remainder of my payments would be paid about $2500 and i would be leasing a 10 max s with 12000 miles 39 months for 339 a month and 2000 out of pocket. the other dealers wanted more
  • sandianasandiana Posts: 27
    edited July 2010
    Hi, just noticed no one had replied to you yet, so thought I'd give my two cents. The payment doesn't sound bad, but ... you have every right to know what price you're paying, as well as your money factor and residual. Personally, there's no way I'd make a deal without knowing that, as it seems impossible to determine whether or not you are getting a really good deal. Before I made my deal, I negotiated the best price I could get if I were BUYING the car (then deduct the rebates afterward). Then, I had them run the numbers based on that exact same purchase price, but as a lease. That way I was more confident in the lease deal I ended up with. Good luck!
  • mook12mook12 Posts: 60
    thank you for replying Sandiana. I appreciate your feedback. I am going to one more dealer tomorrow and will ask them to break it down for me. I could wait till december when my lease almosts ends but who knows what incentives there will be but i was also looking at getting an accord which would be cheaper but the maxima is a much nicer ride
  • mook12mook12 Posts: 60
    oh one more thing what would you say is a great sale price for the maxima s to negotiate them down to. the msrp is a little over $30000 and invoice is like $29000 or so. if i can get them to 28000 or even 27000 is that really good
This discussion has been closed.