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2013 and earlier Nissan Maxima Lease Questions

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  • Looks like a good deal, however, I'm not the expert. Is this a 2006?
  • Was looking at the 06 Maxima SL (Rhode Island) but few available so the 07 caught my eye. Drove the SL with a base price of $34.4. How low do you think I can lease for? Do you think lease deals will get better this year. I don't want to be impulsive. thanks.
  • joep0000joep0000 Posts: 11
    Can anyone fill in the following info?
    Thanks

    For August of 2007:

    2007 Nissan Maxima SL

    24 mo/15k mi: Residual Value ??% – .????? Money Factor
    36 mo/15k mi: Residual Value ??% – .????? Money Factor
    48 mo/15k mi: Residual Value ??% – .????? Money Factor

    24 mo/12k mi: Residual Value ??% – .????? Money Factor
    36 mo/12k mi: Residual Value ??% – .????? Money Factor
    48 mo/12k mi: Residual Value ??% – .????? Money Factor

    2007 Nissan Maxima SE

    24 mo/15k mi: Residual Value ??% – .????? Money Factor
    36 mo/15k mi: Residual Value ??% – .????? Money Factor
    48 mo/15k mi: Residual Value ??% – .????? Money Factor

    24 mo/12k mi: Residual Value ??% – .????? Money Factor
    36 mo/12k mi: Residual Value ??% – .????? Money Factor
    48 mo/12k mi: Residual Value ??% – .????? Money Factor
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're very welcome, cmsw03. I'm glad that you found the article so informative.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi cmsw03. $500 over dealer invoice is a good price for this car. I would be happy to use Nissan's actual lease program to estimate what your monthly payment should be on it for you, however in order for me to do so I need you to provide me with its actual selling price. Let me know and I'll crunch some numbers for you.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi jgautreaux. According to my calculations, if you were to lease a 2007 Nissan Maxima SL with an MSRP of $33,400 and a selling price of $31,000 through Nissan Motor Acceptance Corp. right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $494. Let me know if you would like me to run a payment for a different term or mileage allowance.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Greetings jgautreaux. It is difficult to say what Nissan will do with its future lease programs, but I personally don't expect its lease program on the 2006 Maxima to get any better than it is right now. NMAC's buy rate lease money factor for a 36 month lease of the '06 Maxima SE is currently .00004. It's about the same, .00006, for the '06 Maxima SL. This is about as close to an interest-free lease as one can get. If I personally was in the market to lease an '06 Maxima I would do so right now. As far as the '07 model goes, I would not be surprised if Nissan increased its support on it later on this year. As I said earlier it is difficult to say exactly what will happen for certain.

    I would be happy to estimate what your lease payment should be like on any car that you are interested in. I just need you to provide me with the MSRP and approximate selling price of the car that you want, tell me how long you want to lease it for, and how many miles per year you need to be able to drive it.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here's the information that you're looking for, joep0000. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2007 Maxima SL with 15,000 miles per year are .00285 and 64%, respectively. The numbers for an otherwise identical 36 month lease should be .00238 and 52%. The numbers for an otherwise identical 48 month lease should be .00285 and 42%. NMAC's current lease program for the 2007 Maxima SE is exactly the same. If you were to lease with only 12,000 miles per year, the 24 and 36 month residual values would be 1% higher and the 48 month residual value would be 2% higher.

    Car_man
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  • lm_cincylm_cincy Posts: 11
    Car_man - can you help me?

    I would like to know what the lease would be on a 2007 Maxima SL - MSRP is $33465 - selling price is $30,994 for 36 months / 12,000 miles per year.

    What would monthly lease payment be if I put $1600 down (including T,T,T and first month payment)

    Also, what would monthly lease payment be if I put $2000 down (including T,T,T and first month payment).

    Thank you!!
  • shari44shari44 Posts: 1
    I'm looking to lease TWO 2006 Nissan Maxima SLs for 36 months and am in the process of getting quotes from two dealerships. Because I am leasing two and because we're at the model year end - how much should I expect to pay above invoice (before the 1500 cash back)? Also, I saw in another post that the current NMAC money factor is .00006 for the 2006 SL. How much is the residual? Also, besides the destination charge of $605 and the 7% sales tax for NJ, what other fees will I expect to pay?

    Any help you could give would be appreciated. We are only looking to add two options - the driver preferred package and the sunroof.

    Thanks,

    Shari44
  • gperrgperr Posts: 126
    Car_man,

    Hi. I saw your prior posts on the MF for '06 Maxima SE. But I did not see the numbers for the money factors. So can you please provide the MF for 24 and 36 months, 12k miles.

    Also, is there an ending date for this program.

    Thanks

    Gregg
  • I would be happy tot help you out, lm_cincy. According to my calculations, if you were to lease a 2007 Nissan Maxima SL with an MSRP of $33,465 and a selling price of $30,994 through Nissan Motor Acceptance Corp. right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $485. With this lease you would have to pay your car's first month's payment, a security deposit of $500, NMAC's $550 acquisition fee, and any required state taxes or fees that you don't roll into your car's cap cost at lease signing.

    Car_man
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  • Hi Shari44. If you are getting a really good deal on a car, it really doesn't matter how many you are buying to the dealer. The last thing that a dealer wants to do is to make a lower than average gross on two vehicles if they can help it. Unfortunately, the $1,500 customer cash that you mentioned in your post is not compatible with Nissan's special lease program. I am not intimately familiar with what the market is like for the 2006 Maxima right now, but this late in the model year I suspect that you should be able to get one for fairly close to dealer invoice. Make sure to stop by the following discussion to see how much other community members have paid for their Maximas lately: "Nissan Maxima: Prices Paid & Buying Experience".

    Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2006 Maxima SL with 15,000 miles per year are .00006 and 53%, respectively.

    As far as what you will have to pay at lease signing goes, you will be charged this car's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 or $50 increment, NMAC's $550 acquisition fee, and any required state taxes or fees.

    Car_man
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  • Here you go, Gregg. Through September 5th, Nissan Motor Acceptance Corp.'s buy rate lease money factor and residual value for a 24 month lease of a 2006 Nissan Maxima SE with 12,000 miles per year are .00004 and 63%. The numbers for an otherwise identical 36 month lease are .00004 and 53%.

    Car_man
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  • Hi Car_man,

    Do you have any info yet on the September residual/money factor for the '07 Maxima? I am interested in leasing an SE for 36 months/12,000 miles. Are they running any programs this month? Thanks in advance.
  • Do any of you know the current MF and Res. (36 mos. 12K)for the 07 Maxima SE?

    I'm ready to lease and don't want to be ripped off.
  • Dealer S.FL , 24mth lease, 10K, RES 69%, MF 0.00208, $474.- PLUS TAX. I don't think that's a good deal at all. Does anybody have any info for either 24 or 36 mth lease?
  • Ok I just leased a '07 Maxima SL. 0 down for $350 a month. Thats with minimum negotiations. Their base model was going for $190, the SE I believe. Now I sure you know but you have to pay the 3T's. :shades:
  • Cheeta, did you lease for 24 or 36mth, how many miles and does it incl tax?
  • 24 months, 15,000mi the quote is with a $3100 down for the TTT. through NMAC. Now I mst remind you that the actual amount came uo to be a little more cause the dealer didn't use NMAC in his quote for my payments, they used some no-frills financing company that as I stepped into to the finanacing guys office he starts to tell me that unless I want the most basic financing with minimum protection then I had beeter choose NMAC. So it went up another 50 bucks. Good to know when you try to get yours if you make sure that the quote you are getting is from NMAC or another good financing company (e.g. one that offers additional insurance I can't remember the name right now, but NMAC also pays the first $500 for any body damage to your car upon its return, there's some other goodies that they offer) I only had those options, you might have more. Best to ask the dealer before you get to the real salseman "the financing guy".
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