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2013 and earlier Nissan Maxima Lease Questions

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  • Greetings, all. This message may be of interest to any of you in Texas and, potentially, states which charge sales tax on the entire amount of a lease. I talked to Ancira Nissan in San Antonio this week and they said Nissan had provided them with an incentive equal to the amount of sales tax on each Maxima leased. He did not know how long this special would last, and I do not know how widespread the availability is. However, it could well wind up saving a couple of thousand bucks over paying the full amount of sales tax up front. It is worth asking about, anyway.
  • runnernicrunnernic Posts: 15
    I just leased a 2011 Black Maxima 3.5SV with the monitor and sports package. I LOVE it!! They took over my last 3 months of my mazda cx-7 ($400/month=$1200 left in payments)

    I put nothing down (except the fees but they gave me a chck for $1200 so it offset my fees) and I leased 39 months $405/month. I'm pretty happy with this deal and I love the car so far :)
  • Hello all,
    I received a lease quote yesterday for:

    2011 Maxima SV Crimson Black MSRP $35,585 39 months 12,000 miles no out of pocket expense. Strictly sign and drive for $394 per month including 6% state sales tax.

    Does that sound like a good price or could I do better?
  • ahashmiahashmi Posts: 73
    You can do better. You should be less than $350 on that car
  • runnernicrunnernic Posts: 15
    i think you can do better too bc i just leased the SV 2 days ago for 405/month with nothing down and i have the sports package and the monitor package plus they took over my 1200 left in payments from my mazda... dont forget about the 1500 rebate they have :) good luck i LOVEEEEEEEEEE the car
  • tonyktonyk Posts: 10
    Hey carman,

    Do you think this is a great deal for a 39 month lease and 18k miles. Loaded SV Premium

    Splash guards
    Floor mats
    Prem. Pkg
    Spoiler
    Premium tech pkg

    $449/month
    $613 total down.

    Also willing to buy my existing 09 Murano SL AWD for $22600 which is what is owed.

    Another dealer will match and throw in free oil changes for 39 months
  • striper72striper72 Posts: 12
    I agree you should be under $350 a month for this car too. I leased a Maxima SV with monitor, cold package, mud flaps and spoiler for $335 a month with state taxes (8.625%) rolled in for 39 months, 15,000 miles. Only out of pocket expenses were first month and DMV fees. Acquisition was rolled into the payments as well. I also had them throw in a year of free maintenance. You should be aware when leasing this car Nissan has a $395 disposition fee.

    I had quotes from local dealers ranging from $419 to $335. I found many of the local dealerships I visited a bit unscrupulous, hesitant to provide a lease work up sheet and not forthcoming with rebates and incentives. I originally just wanted a base model SV without additional packages to keep costs down, but it did not seem dealerships had inventory of base model SV's. I also found all the Nissan dealers I dealt with pushed too hard to get me into a car they had sitting in their lot without listening to the specific limited options I wanted. Overall, wasn't pleased with the Nissan salesmanship (from multiple dealers).

    With that said, having done homework using sites such as this forum I think the high residual, low money factor and manufacturer rebates makes the Nissan Maxima a very good lease this month. Overall I am very pleased with the car.
  • What would be considered a good deal on a Maxima SV with the Sport Package? Should I be shooting for $300 a month with only DMV fees?
  • striper72striper72 Posts: 12
    I dont honestly know what would be a good deal on the Maxima SV w/ Sport Package as I did not get the Sport Package. I could tell you that the sticker on my car was $36,130. The sales price was about $31,000 - over $5k less than MSRP. The dealer still made some money on the deal and if I wanted to shop around further maybe there was even a better deal out there.

    Negotiate the lowest possible sales price w/ rebates for the Sport Package and plug the numbers into a lease calculator using Nissan's June lease rates that Car Man provided in an earlier posting. I would think getting the Maxima SV w/ Sport Package paying only DMV fees upfront for around $300 is wishful thinking as the sales price of the car would have to be well below $30,000 for those numbers to work.

    If you know that's the car you definitely want contact several dealers via email and request quotes. I find it easier to negotiate via email rather than play the game at the dealership.
    Good Luck.
  • ahashmiahashmi Posts: 73
    You should look at the deal I got, I got the same car plus the monitor package.
  • srx2870srx2870 Posts: 16
    Hi Car man,

    Whats the residual % for maxima sv with premium package for 36month 10k and 12k? whats the average price for bank acuqisition fee when doing lease? one dealer in NY area quote me 895 for the bank fee, is this normal? First time doing lease, how strict is nissan when you do the lease return? Thanks for all the help!
  • I'm considering leasing a Maxima SV Sport. I prefer to negotiate near the end of the month, however, I can only do it this month or August, because of a planned trip.

    When do these current incentives expire? Am I likely to see similar deals and incentives at the end of August? Also, how much of an incentive does Nissan give to current owners/lessees?
  • ahashmiahashmi Posts: 73
    For those of you looking for a car, the new facelift is released and will be available at the end of Aug.

    http://nissannews.com/image-gallery.do?method=view&imageGalleryId=400&mid=1
  • rbatista3rbatista3 Posts: 1
    Ahashmi,

    I'm going to try an get the same deal you got on the same equipment down in Miami. Does your payment include taxes??

    Thanks
  • showroom4showroom4 Posts: 4
    I received an email from my local dealer stating they need to hit their factory quota that they wouldn’t refuse any reasonable offer in the next 24 hours. Don’t know how much truth there is to that, but would it be realistic to try and get myself a payment of around $275/month on a base Maxima S, with zero out of pocket (including NY 8.75% sales tax) on a 3 yr 12,000 mile/yr lease? I should also have about $1,000 trade equity in my current vehicle to trade in.

    I have found it difficult to get dealers to reveal any money factor/residual information. I’d like to go in basically with the goal of getting my payment in the high $200 range with all taxes and fees rolled in. Is this possible on a base Maxima and be considered a “reasonable offer”?

    Love this forum, thanks everyone!
  • srx2870srx2870 Posts: 16
    edited June 2011
    I got a offer for maxima sv premium + spoiler for 350 a month 36 month with 12k a year. only due at signing is first month + all the fees which add up to about 1.7k.. Never lease before but the fee seems too high for me. If you just want the base model, i guess high 200 is reasonable

    btw, which NY dealer is that? will you mind give me the name so I can contact them myself too? Thanks!
  • showroom4showroom4 Posts: 4
    Dealership was Autoplace Nissan near Buffalo. Email stated something about need to sell 18 cars in next 24 hours to meet factory quota and no reasonable offer will be refused. Could be a ploy, or they could really just be willing to sell a car for the sake of getting a sale. Who knows, guess its worth a shot.
  • srx2870srx2870 Posts: 16
    buffalo is too far for me lol. I lived in NYC. Will you mind letting me know how much dealer charge for bank fee and all other fees combined when you got the offer? Dealers in NYC charge 1.7k for bank, title and license fees and first month (350), seems crazy to me.
  • striper72striper72 Posts: 12
    You should ask the dealer to itemize the $1700 in fees. If you're leasing directly through Nissan Motor Acceptance Corp. (NMAC) your acquisition fee is $595. This is a firm amount. Your NYS DMV fees for title & registration can be found on the DMV website, but it should be between $275 - $400 depending if your just transferring plates or getting new ones. If the lease is through another bank like Hahn the acquisition fee could be more.

    Even at $595 for acquisition + 400 for DMV + 350 for first payment your at $1345. Some dealers like to add a document fee into upfront costs too. Don't quote me on this, but I believe NY only permits a dealer to charge a $75 document fee. Either way the fee is added dealer profit that can sometimes be negotiated if you ask them to remove it.
  • srx2870srx2870 Posts: 16
    Thanks for the response! I will have the dealer itemize everything out and verify them. How is the lease return for Nissan? Never lease before but i read alot of horror stories online.
  • Hello everyone,

    I was offered a 2011 Sports 3.5SV Loaded w/ everything but NAV from a local Nissan Dealer.
    39 mo lease.
    15k miles per year.
    Includes Oil Changes.

    Includes all Illinois Tax (entire lease is taxed at full amount in Illinois)
    Note* With my Altima as a trade I get a 17k tax credit.

    $0 down, includes plates and everything 1st payment due.

    $439 a month * 39 what do you think ?

    Is this good or is their money left on the table, I figure there is about $1200 in taxes in the lease going to the state of IL. The car stickered for 38ishk, but I am releasing from Nissan and I thought he said their was some incentive money.

    Is this a worthwhile lease ?

    I was thinking about putting $2500 down to get pymt to $375.

    He tells me the promotion ends Tommorow (Thursday) so I am curious what do you think ?? :confuse:
  • Nissan is very fair with lease returns, I returned a 350z with 50k miles and the rims had some good scratches around the outer edges on a scale of 1-10 I would say the front wheels were about 1 being mint condition 10 being horrible they were about 4s. And it had a convertible top with what looks like a small knife slit, and they did not say anything (I was sure they were going to say something). I did have new tires on it as it needed it. All in all they were very nice throughout the whole lease.

    Thanks
    Brian
  • srx2870srx2870 Posts: 16
    I think you can do better. Try using truecar.com or amex zag to find out the car price at your area and plugging all the numbers in lease calculator to figure out the payment. 39 mos, 15k sports package should have a 56% residual and the money factor is 0.00092 i think.
  • srx2870srx2870 Posts: 16
    Thanks for the reply.. Now i am less worry lol. How much will a nissan wear and tear insurance cost? I believe the car will definitely get scratch since i live in NYC lol
  • ahashmiahashmi Posts: 73
    Yup it includes taxes. Good Luck!
  • otoluvaotoluva Posts: 139
    edited July 2011
    I just got an offer from my local dealer on a 2011 SV model with cold package, spoiler, mud flaps and mats MSRP $35400,
    36 months
    15k miles/year
    $1500 total up front costs
    $300 a month
    Is it a good deal? Any input is greatly appreciated.
  • aces_fullaces_full Posts: 16
    From what I can tell it sounds like a great deal, how much was the purchase price of the car (might be called the capitalized cost, I can't remember the exact terminology)?
  • otoluvaotoluva Posts: 139
    Not sure , the salesperson did passively mention it but I didn't really catch it.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi tonyk. It would be much easier to evaluate this deal if you were able to provide us with this car's full MSRP and selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for them. These numbers will make it easier to tell how large a dealer discount you are being given and in turn if there's likely any room left to negotiate.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi srx2870. Here's the new July program info for you. Nissan Motor Acceptance Corp.'s July buy rate lease money factor and residual value for a 36 month lease of a 2011 Maxima S with 12,000 miles per year are .00077 and 57%, respectively. I'm not sure if NMAC offers leases with only 10,000 miles per year on Nissan division vehicles, but if it does its 10k residual values would be 1% higher.

    It looks to me like the dealer that quoted you such a high bank fee is trying to mark up NMAC's base fee to add additional hidden profit to your deal. NMAC's base acquisition fee is normally $595.

    I have never returned a vehicle to NMAC, so I can't tell you what its end of term inspection process is like from a first hand perspective, but I can tell you that I have heard that they are reasonable.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
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