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2013 and earlier Nissan Pathfinder Lease Questions

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Comments

  • oscarroscarr Posts: 4
    I just leased an 07 Pathfinder LE with Navi (sticker price around 39K) with the following deal:

    $1000 total at signing
    $418 per month (includes tax of 7% in my county)
    39 months
    12K miles per year

    I got mine at Team Nissan in Marietta. Did I get a good deal?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Welcome Matt. Since you have never leased before, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    You definitely can trade in your current car when leasing a new one. There is nothing wrong with doing so, but it would be in your best interest to have the dealer that you are working with cut you a check for your Altima rather than using the proceeds from it as a down payment for your lease. I always advise consumers against making large down payments when leasing. Those who make them risk losing all or part of them if their vehicle is totaled in an accident or stolen and never recovered.

    The best way to get a good deal on a lease is to shop around for the lowest possible selling price. Once you find a price that you are comfortable with, have the dealer that gives it to you calculate your truck's monthly payment using its buy rate lease money factor. The Pathfinder's lease program varies by trim level, term, and mileage allowance. If you let me know what these variables are I will be able to give you an idea of what money factor to expect.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi oscarr. It would be much easier for me to give you my opinion of this deal if you were able to provide me with your truck's selling price. This number will show me how much of a discount you were given on it. Let me know and I'll tell you what I think.

    Car_man
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  • Hey Car_man,

    Thank you! I'll read the articles right away. I'll do some more research and get a good idea of what I want to buy. I'm thinking a pretty base V6 SE. Is there a way to get more mileage allowance than the typical 12,000 or 15,000 miles? I plan on driving a lot for business, so I may exceed the 15,000. I realize it will likely add more money to the lease, but that's not a problem.

    Thanks,

    Matt
  • oscarroscarr Posts: 4
    Hi car man:
    The sticker price was $38,875 due to the wheel locks, the sunroof visor, lo-jack, etc that the dealer had added.
    Thanks for the opinion.
  • scottinkyscottinky Posts: 194
    Nope, you could have done better, probably by 2-3K. But, if you like the truck,
    enjoy it!
  • oscarroscarr Posts: 4
    Sticker price was $38,875
    Cap cost = total price paid was $33,400
  • Hi Car_man, I'm looking at the '08 Pathfinder LE V-8 (AWD). Can you tell me what the lease program is on this vehicle is for 36mo. 15K/yr? I'm in southern california. As always, thanks for your help.
  • jdmichjdmich Posts: 2
    Is this a good price? I am thinking not because I am seeing leases for the LE above at lower prices.

    This is what I was quoted:
    36 month/12,000miles (no dvd) $441.78 with $464.78 due at signing

    36 month/12,000miles with dvd $468.36 with $491.36 due at signing



    Price of Pathfinder = 31655.00

    Money factor = .00025 with a residual of 52%

    This is for a fully loaded SE with and without the DVD packages.

    If not where should I be? Would it be better to upgrade to the LE?

    Thanks.
  • jdmichjdmich Posts: 2
    I think I got a pretty good deal. Can Car man or anyone verify and make me feel better?

    07 SE, comfort package, premium package and aftermarket DVD installed at dealer.
    MSRP $33,200(before DVD..not sure what that cost)
    Neg price $30,400

    $700 due at signing, $404/mo. 12,000 miles/yr 39 mo.
  • vapors1vapors1 Posts: 1
    Hello!
    My wife just got a company car, so we've got to eliminate 2 vehicles for 1! We're looking at an '08 Pathfinder LE V8. Is there some good advice, resources or anyone out there that help us figure out the best case scenario with our "realistic" trade values, and what we "should" pay for the Pathfinder? I don't want to get the shaft!
    Pleas help!
    Thanks,
    Kevin

    Trade In #1: 2003 Infiniti G35 Sedan
    Mileage: 54,565
    Color: White
    Interior: Beige
    Pay Off: $ 17,927.49
    Non-Smoker, great condition, no dents, dings, scratches

    Trade In #2: 2004 Lexus RX 330
    Mileage: 49,528
    Color: Bamboo Pearl
    Interior: Gray
    Pay Off: $27,760.56
    Non-Smoker, great condition, no dents, dings, scratches

    DEALER'S RESPONSE:
    I found the vehicle you are looking for. We do not do any business hardly with 2 wheel drives. This pathfinder is a 4x4 white le with caffe latte interior./ It has dvd and nav with floor mats. It has an msrp of 43945 and invoice of 40953. I would be willing to sell it for 500 over invoice. On your trades I will talk to my used car buyer tomorrow and ask him what the values he would be willing to put in them.
  • footwoodfootwood Posts: 16
    This is for a Pathfinder the 07 for 36 mos has a res of 52% money factor of .00025 39 mos is 57% .00042

    The 08 for 36 mos is 58% and .00177 39 mos is 57% and .00209
  • leejenleejen Posts: 1
    Hey Car_man
    Hey everyone

    I got 27,632 Cap Cost
    .00057 Money factor
    53% Residual 39 mo lease on 2007 Pathfinder S 4x2 w/ absolutely nothing in it but mats.
    0 down and 350 a month plus tax. Can i do any better than this? This deal doesn't look too good to me

    Also i'm not sure if anybody else asked this, so i apologize in advance. What about lease deals through nissan website with 2,999 down and 289 a month on a pathfinder or 2,999 down and 299 on murano
  • footwoodfootwood Posts: 16
    The 2008 LE pathfinder with dvd mats and wind defl has a MSRP of 39560.00 and a invoice price of 36618.00 which would make the selling price 36418.00.

    36 mos 12k per yr is 548.00 plus tax and mv res is 21758.00 and money factor is .001170

    39 mos 12k per yr is 542.00 plus tax and mv res is 21362.40 and money factor is .002090

    36 months 21362 residual and monthly payments of $568
  • footwoodfootwood Posts: 16
    15,000 miles per year on the last payment
  • alliyoungalliyoung Posts: 1
    Ok.. Ive never leased a vehicle before, but heres the deal. I currently have a 2005 Nissan Xterra that has 67,000 miles on it. We are about to start a family and would liek to upgrade, but I still owe about 14K on my Xterra. We really liek the Pathfinders. The best they said they could do is 569/month on a purchase. But, they said that we could lease it for 489/month... The MSRP is 29,995. They say that they are paying of my Xterra for me. Are leases a bad thing? Im completely lost! Please Help!
  • Hi Car_man,
    Please let me know the current buy rate lease money factor and residual value for a 2007/8 Nissan Pathfinder SE 4WD with 36k miles/36month lease.
    Thanks a lot!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're very welcome, Matt. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2007 Pathfinder SE with 15,000 miles per year are .00025 and 51%, respectively. 15,000 miles per year is the highest mileage allowance that NMAC publishes residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until the end of your lease and have to pay an excess mileage penalty.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Thanks for the additional information, oscarr. The selling price that you were given on this truck is outstanding. It is below dealer invoice. It looks like you got a good deal to me. Make sure to stop by the new Dealer Ratings & Reviews section of this site to share your thoughts on this dealer with everyone.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hey multiplechoice. Here's the info that you're looking for. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2008 Nissan Pathfinder LE V8 AWD with 15,000 miles per year are .00177 and 55%, respectively.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
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