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2013 and earlier Nissan Pathfinder Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi shark6996. You never mentioned the selling price of the Pathfinder that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.

    For now I can tell you that $3,500 is too much money to pay at signing for a lease. It is in your best interest not to make any sort of capitalized cost reduction when leasing. Consumers who make large cap cost reductions on leased vehicles risk losing them if their car or truck is totaled in an accident or stolen and never recovered.

    Car_man
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  • jhauck1622jhauck1622 Posts: 5
    What are the current money factor and residual values for a 2007 Pathfinder LE lease - 39 months?

    Anyone know when the 08's will hit the lot?

    Thx.
  • jackel142jackel142 Posts: 47
    Got an LE with Nav last month for $489.00/month, tax included with a total of $1k down. 15k per year.
    Sticker was 39,???.
    I was holding out for a V8, but was told 6 months before the dealerships will see them. I'm happy with the 6.
  • mwmakingmwmaking Posts: 1
    Can someone help with the current money factor and residual value for a 36 month lease for a 2007 Nissan Pathfinder LE 4x2 (12,000 and 15,000 miles)? Trying to do a little leg work before heading to the dealer. Thanks!
  • I stopped at a dealer yesterday and they quoted me the following:

    Pathfinder LE 4x2, 39 month lease

    12K miles - 51% residual, .00078 money factor
    15K miles - 50% residual, .00062 money factor

    hth
  • 50k50k Posts: 10
    I was surprised to find an 08 Pathy at three of my local dealers today. The salesman said they came in un-announced.

    They were not suppose to be in until August.

    Nissan tells me that an 08 lease out better than an 07?

    Any experiences
  • The dealer i went to said he had one 08. It was the v8 model. Same deal, he said they just show up randomly mixed in with the 07's. Said they wouldn't be budging much on the price. Maybe he just wanted to move an 07 off his lot or not.

    Anyone care to share their recent lease experience on an 07 LE?
  • Hi Car_man,

    I have a noob question about pathfinder lease. Is lease qualified for those "cash back to customer" rebates? '07 Pathfinder has like $2,000 cash back, which can change my lease payment a lot.

    Thank you
    PR
  • jackel142jackel142 Posts: 47
    I don't think Nissan motor credit is yet accepting the rebates for the lease, but what I found was "other lenders" that the dealer may deal with will accept them for leases, and it does make a major difference in the payment.
  • ocanycocanyc Posts: 3
    2007 Pathfinder LE.

    taxes,dmv,first payment down = $2200.

    Monthly payments = $474.

    Was this a good deal? I surely hope so :)
  • I was told the rebate only applies if you purchase through Nissan. In other words it doesn't apply to a lease.

    Just picked up an 07 Pathfinder LE:

    $0 down
    $460/mo (including tax)
    39 months

    And they through in a dvd player.
  • ocanycocanyc Posts: 3
    Btw, LE was fully loaded and its a 39 month lease,15000 miles/yr.
  • 50k50k Posts: 10
    I had a similar experience. After visiting two Nissan dealers, both had the brainy idea that they could lease me the Pathfinder @ MSRP. Neither would budge on price, I thought toyota was not flexible on price... SUV's in general are down in sales as is Nissan's truck sales for the last 6 mo.
    The average Pathfinder spends 98 days on the lot vs. the industry average of 60 days. What is with these guys ?
    Maybe I will have to look at alternates.
    there is a new man in charge of North American Operations for Nissan, bet that this is his rocket science idea to keep prices up ......
  • bcrandbcrand Posts: 2
    Just leased an 07 LE, no nav or DVD, 15k miles/year for $440 down $428/month for 39 months. I had 2 dealers give me the same deal over the phone, neither would budge another cent

    gross capitalized cost was $31472 after $595 acq. fee

    Thanks to carman and this site for helping me find a great deal.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi jhauck1622. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 39 month lease of a 2007 Nissan Pathfinder LE 4WD with 15,000 miles per year are .00040 and 50%, respectively. The residual value for a lease with only 12,000 miles per year would be 1% higher. When negotiating your lease on this truck, make sure to take advantage of the $500 lease cash that is currently available on it.

    The 2008 Pathfinder is scheduled to be one of the first '08 Nissan models. If it isn't at dealers yet, it will be in the near future.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here's the information that you're looking for, mwmaking. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2007 Nissan Pathfinder LE 2WD with 15,000 miles per year are .00040 and 51%, respectively. This truck's 12,000 mile per year residual value is 1% higher. When negotiating your lease on this truck, make sure to take advantage of the $500 NMAC bonus cash that is available on it.

    Car_man
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    Prices Paid Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi parkranger. The $1,500 customer cash that Nissan is currently providing on the 2007 Nissan Pathfinder is not compatible with its special lease program. However, Nissan is providing a special $500 NMAC cash incentive that is.

    Car_man
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    Prices Paid Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi ocanyc. Congratulations on getting your new truck. It would be much easier for me to give you a detailed analysis of the deal that you got if you were able to provide me with your truck's MSRP and selling price. These numbers will show me how much of a discount you were given and they will enable me to use Nissan's current lease program to estimate what your monthly payment should be. Let me know what these numbers are and I'll tell you what I think.

    Car_man
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    Prices Paid Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Congratulations on getting a great deal on your new truck, bcrand. Thanks for taking the time to share the details of your lease with everyone. Enjoy your new ride :) .

    Car_man
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    Prices Paid Forum
  • Hey everyone,

    It's my first time leasing a vehicle. I currently own an 03 Altima SL, fully paid for, that I'll need to sell. Will the dealership take a trade in for a lease, or do I need to sell the car on my own?

    I'm looking at a Pathfinder, probably the SE. I just noticed the 08's came out, and my town has a few in stock already. I'm open to the 2007 or 2008, V6 or V8.

    Your suggestions on how to obtain the best deal are appreciated.

    Thanks,

    Matt
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