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2013 and earlier Nissan Pathfinder Lease Questions

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  • Hello bmw3434. This truck's lease program varies depending upon how long you lease it for. Its most attractive lease term is currently 39 months, so I provide you with info for that term. Nissan Motor Acceptance Corp.'s current 39 month buy rate lease money factor and residual value for a 2006 Nissan Pathfinder S 4WD with 15,000 miles per year are .00034 and 52%, respectively.

    Car_man
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  • Hi Luis. This deal would be easier to understand if you treat your trade and your lease as two separate transactions. First find out the selling price of the Pathfinder that you are interested in leasing. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Once you have this number, you can see how good a deal you are getting on your new vehicle.

    Next find out how much this dealer is giving you for the A4 that you want to trade in. You can compare the price that they are willing to pay you for it to its approximate market value by looking it up in the following section of this site: Edmunds.com Used Car Appraiser. The difference between what the dealer is willing to give you for your car and how much you owe on it is how much equity, or negative equity you have in it. If your car is worth more than you owe, you would be better off having the dealer cut you a check for it rather than use the proceeds from it as a down payment on your lease. Consumers who make down payments on leased vehicles risk losing them if their vehicles are totaled in an accident or stolen and never recovered. If you owe more than the dealer is willing to give you for your car, you will either have to pay the difference out of your pocket at lease signing or roll it into the capitalized cost of your leased vehicle.

    Anyhow, if you provide me with this truck's MSRP and selling price I would be happy to use Nissan's current lease program to estimate what its monthly payment should be for you.

    Car_man
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  • Hi jkdcrane. How much money is this dealer giving you for your Touareg and how much negative equity is it rolling into your new lease? This will be an enlightening to find out because it is usually fairly expensive to break leases early. I would be happy to use Nissan's actual lease program to estimate what this truck's lease payment should be for you, however in order for me to do so I need you to provide me with this truck's full MSRP and approximate selling price.

    Car_man
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  • Hi jslanders. I should be able to give you an idea of what this truck's monthly payment would be like if you were to lease it through Nissan Motor Acceptance Corp. However, in order for me to do so I need you to provide me with its full MSRP. Let me know and I'll crunch some numbers for you.

    Car_man
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  • Hey illinisig. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 39 month lease of a 2006 Nissan Pathfinder SE 4WD with 15,000 miles per year are .00034 and 50%, respectively. The numbers for an otherwise identical lease of a 2007 model are .00136 and 54%. Nissan's 39 month lease program for the Pathfinder is much better than its 36 month program, so don't even bother with the 36 month term.

    Car_man
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  • Just picked up an 06 Pathfinder SE in North Jersey. Having a hard time figuring out how I did. This one was in the showroom and had the $2,699 dual screean entertainment system in it, but they didn't factor it in the MSRP on the lease. (There was a second window sticker listing the DVD entetainment system and an undercoating to bring the MSRP to $36,000).

    I also turned in my 03 Pathfinder that had 4 payments left and was 6272 miles over. Here are the numbers, please tell me how you think I did so I can be at peace with this.

    MSRP $33,005
    Down Payment $0 (just fees and first month)
    They absorbed $2432 for my current lease
    Lease payment $424 tax inclcuded
    If it helps the math, they were going to do $379 tax included. zero down if they didnt absorb my current lease.
  • Forgot some details

    39 months, 12k miles
  • Hello, my wife and I have just gotten serious about a 2007 Pathfinder LE 4WD lease. On the initial visit to the local Nissan dealership yesterday, they quoted me $469/mo. for a 39-month lease, including a trade-in of a 2003 Ford Explorer worth around $6300 ($12235 Edmund's trade-in minus around $5900 loan payoff). They didn't want to provide any details as to trade-in value, residual value, etc., so here I am attempting to get more details on a what a fair deal is for this lease with our trade-in.

    Details on the current residual value and money factor for the
    2007 Pathfinder LE 4WD would be appreciated. Thanks.
  • > Details on the current residual value and money factor
    > for the 2007 Pathfinder LE 4WD would be appreciated.

    Oh, and the dealer mentioned there may be a few 2006's left, so I could use the current residual value and money factor for the 2006 Pathfinder LE 4WD as well. Thanks again.
  • MSRP was 32250
  • If it helps, this is what they gave me for numbers in North Jersey for a 2006 SE with an MSRP of $33005: MF .00029 with a 51% residual for 39 months, 12k per. They dug in around $450 per month with only fees and first payment due but eventually came down to $424 plus gave me a check for $2500 for my current lease which I need to mail to Nissan. I think I did good but waiting for Car_Man to confirm. I got mine off the showroom floor which has an after market dual screen dvd in it which was not factored in lease. It was a promo on a few SE's from what they told me. Good luck and hope this helps.
  • Hello jrb999. You never mentioned the selling price or MSRP of the Pathfinder that you are interested in leasing. These are important numbers 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 this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle 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 these numbers are.

    For now I can tell you that 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 .00136 and 52%, respectively.

    There's nothing wrong with trading in your current vehicle when leasing a new one, however it is in your best interest to have the dealer that you are working with cut you a check for your trade rather than using the proceeds from this deal as a down payment on your lease. I say this because consumers who make down payments on leased vehicles risk losing them if their vehicles are totaled in an accident or stolen and never recovered.

    Car_man
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  • Here's the information for the 2006 model, jrb999. NMAC's current buy rate lease money factor and residual value for a 39 month lease of a 2006 Pathfinder LE 4WD with 15,000 miles per year are .00034 and 49%, respectively.

    Car_man
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  • cpj15cpj15 Posts: 7
    What are the current residual values and money factors for a 2006 and 2007 Pathfinder SE with 15,000 miles for 39 months? Thanks in advance.
  • zeus1zeus1 Posts: 5
    I just leased a 2007 Pathfinder SE for 39 months with 15,000 miles year. The sticker was 36,220 (it had comfort, premuim,leather and DVD package). My monthly payment will be 450/mo including the KY sales tax of 6%. I only paid the acquistion fee and first month payment down (roughly 1,000). I have used this dealer numerous times and feel like I get treated good. I just wanted a gut check to see if I'm wrong or right about the deal. Thanks
  • Hi, am I getting a good deal? Lease term 39 months, 369 pre-tax, purchase option 14,690.75. Zero down, first month payment and license due at signing.
  • I decided against this....had a weird gut feeling.
  • I got a quote in Central Jersey of $459 (includes tax) for 36 months. I only paid the acquistion fee and first month payment down (roughly 1,000).
    What do you think?
    Thanks
  • You should be able to get an SE with 15k miles for around $380 tax included with the same out of pocket. Just going by my experience. I got it for $424 but they gave me a check for $2500 to payoff my current lease. Subtract that $2500 and it comes to about $380.
  • Is that with the premium and leather package?
  • No mine is an SE. The only difference between SE and LE is the leather. I didnt think it was worth the extra money. You should look at previous posts for the residual and money factor and figure out the deal. Its tricky but just google around on how to do it.
  • Help- Can anyone give me any tips on how what to do with the residual and money factor?
    Thanks
  • Hello car_man or anyone else - what is a good monthly lease payment for either the 2006 or 2007 Pathfinder SE 4X4 with a sticker price of $33,000? I just came from a dealership in Salt Lake City where they quoted me at $500/month including tax for the 2006 (that includes my current lease buyout... not considering that buyout it would be about $450). No money down - 12,000 miles/year - money factor of 0.000160 (seems good) - residual value of 48% (seems too low). Overall, the price seems high to me. Anyone have any ideas? Thanks.
  • gnygny Posts: 2
    Need ur input-'07 SE 4X4 auto w/ comfort & premium pkg.-39 mnths-$329/mnth-$3,524 initial payment (includes $3,195 down payment, 1st mnth payment).MSRP $33,180 & Net cap rate $28,313. Money factor is 0.00135. Residual amt $17,917. Good deal or not? What are ways to maximize the cap rate reductions & are there ways to avoid such a large down payment? Thanx.
  • Hi cpj15. Here's the information that you're looking for. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 39 month lease of a 2007 Nissan Pathfinder SE 4WD with 15,000 miles per year are .00119 and 53%, respectively. The numbers for an otherwise identical lease of an '06 Pathfinder SE 4WD are .00016 and 48%.

    Car_man
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  • Hi jdg2512. I would be happy to give you my opinion off this deal, but I need some additional information from you first. This info includes this truck's MSRP, selling price, and mileage allowance. Let me know and I'll tell you what I think.

    Car_man
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  • Hi mrschles. It is important to make sure that the money factor that the dealer you are working with is in line with your vehicle's buy rate money factor because dealers often try to mark up vehicles' money factors to add additional hidden profit to deals.

    You can also use your vehicle's money factor and residual value to calculate its lease payment. The formula that you need to do so is outlined in the following article: Calculate Your Own Lease Payment.

    Check out the following informative article for more information on how leasing works: 10 Steps to Leasing a New Car. Let me know if you have any other questions.

    Car_man
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  • Hello kh_edmunds. These trucks' lease payments will depend upon what sort of selling price you are able to negotiate on them. For now I will assume that you were able to negotiate a $2,000 discount on these trucks. For feedback on how much you should pay for them make sure to stop by the following discussion: "Nissan Pathfinder: Prices Paid & Buying Experience".

    According to my calculations, if you were to lease a 2007 Nissan Pathfinder SE 4WD with an MSRP of $33,000 and a selling price of $31,000 through Nissan Motor Acceptance Corp. right now for 39 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $397. The payment for an otherwise identical lease of a 2006 model with the same prices would be around $388.

    As you can see, the $500 per month payment that you were quoted is way too high.

    Car_man
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  • Hi gny. I see that you are considering making a $3,000 down payment on your Pathfinder. I personally always advise consumers against making large down payments on leased vehicles. I do so because if your leased vehicle is totaled in an accident or stolen and never recovered, your down payment will essentially disappear. You would be much better off not making any down payment.

    A typical 2007 Pathfinder SE 4WD has a spread of $2,600 or so between its full MSRP and dealer invoice price. Once your $3,195 down payment is backed out, you are getting a discount of around $1,600. That means that you are probably at around $1,000 over dealer invoice or so. That's not a bad price, but I would not be surprised if you were able to beat it by a few hundred dollars by shopping around a little bit. Make sure to stop by the following discussion to see how much other community members have paid for similar cars lately: "Nissan Pathfinder: Prices Paid & Buying Experience".

    Nissan Motor Acceptance Corp.'s current buy rate lease money factor for a 39 month lease of a 2007 Pathfinder SE 4WD is .00119. Make sure that you negotiate the lowest possible selling price that you can on the truck that you want and then have the dealer that give it to you calculate your truck's lease payment using this money factor.

    Car_man
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  • gnygny Posts: 2
    Hi Car_man. Is the acquisition fee negotiable or could it be waived. Thanks
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