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2013 and earlier Nissan Maxima Lease Questions
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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:
Thanks
Brian
36 months
15k miles/year
$1500 total up front costs
$300 a month
Is it a good deal? Any input is greatly appreciated.
Car_man
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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
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I don't believe that Nissan has any additional incentives for loyal customers on any of its vehicles right now.
Car_man
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Leased 2011 Nissan Maxima Premium with Tech and spoiler (Fully Loaded, Navi, Panoramic Sunroof, Rear Spoiler), 12K Miles per year, 39 Months lease:
$0 Down
$595 Bank Fee + First Month + DMV and other fees = $1350 total out of pocket
$426 per month (including NY Tax)
I didn't discuss the residual or the selling Price as I am not intending to keep the Vehicle.
Please let me know your thoughts
Regards,
You essentially pay ((Selling Price) - (Residual%*MSRP))/Term plus applicable rent charge to get your monthly payments.
The lower the selling price, and higher the residual, the cheaper your monthly payments.
Im not sure if you got the car as to advise if its too expensive or not is useless now, but I do remember someone offering the same car in NY for $1000 Out of pocket, plus first month and $350/mo plus tax. And this was from a broker meaning u can get it lower than that...
Car_man
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Whats the MF and Residual for maxima sv premium 36 months, 12k a year? Thanks!
39 month lease
15k miles/year
MSRP $36000
Cold pakg. Monitor pkge. Rear spoiler, Mud flaps and mats.
$1800 down includes bank fee, first payment, DMV, sales taxe in Mass is (6.25%)
$307 a month
Carman I'm espacially interested to hear your take on the deal
Hope this helps other shoppers on Edmunds as I benefited from the wealth of info provided by others
Ok so this is my first post. I am currently in a Lease with Honda that ends on 8/29. I am really hoping to score a 2011 maxima sv + sport package. Could anyone help me out with the MF & current Residual rates? I am looking to put $0 down on a sign and drive and payments to be around $400+tax month. Does this sound reasonable or am I out of my mind? I've always leased from Honda based on the $1500 wear and tear credit they give at least back but am now trying to be adventurous and try a new maker. Do you think it's better to wait the two months before shopping? I live in FL if that makes a difference. Please provide any hints or pointers that will make this process a little easier. For my last two cars i've used a car broker just to not have to deal with salesman in a dealership type situation. I really wants this car and any help would be greatly appreciated! Thanks all
Car_man
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I just signed for a Black 2011 Maxima S in Southern NH.
39 month lease
12k miles/year
MSRP $33007
Base S, splash guards and mats (plus dealer add-ons nitrogen filled tires and wheel locks).
$0 down, first payment out of pocket at signing
DMV, bank fee, acquisition rolled into the lease and No sales tax in NH
$299 a month
Thanks for all the info from the forum, it was very helpful in negotiating!
I'm close to jumping on leasing my first car - I would appreciate your help in making sure the deal is good. First, I'm in no rush to get a car (I really don't "need" a car until September - but would use it if I had one). That being said, I figure now would be a good time to pick up a Maxima given the Model Year End Savings...
I live in NY. I negotiated this final price: $359/Month + tax (this comes to a final monthly payment of $399 a month) and "$0 down" (the guy said I still have to pay the first month when I leave the dealership with the car). This would be for a fully loaded Maxima 3.5 SV with Premium + Tech + spoiler + other stuff (i.e. loaded: splash guards, mats, vehicle alarm, wheel locks, etc.). This is for a 42 month lease.
I asked about getting a service package to cover the car during the lease, but the salesman said it was stupid to get and would only add $18/month to the lease which basically only covers oil changes. So, is it really stupid to get?
Thanks so much for your help!
I got mine from NY dealer
SV+ Premium + Tech + Spoiler (No other accessories)
$425 Per Month (Including NY tax)
$595 Bank Fee
$0 Down
Total $1350 out of pocket (First Month + Bank Fees + DMV Fees) - $425 Per month 12K Miles 39 Months lease.
The deal was $399, but when I sat with the Nissan Finance guy he changed the numbers as Nissan Finance didnt approve my credit because I am new in this country (Only 3 Years) and thats why they increased the payment to $425 after I brough a Co-Signer. he told me that I finally qualified as Tier 1 and the deal is for Tier 0 !!!! (Its a game they make I guess as they keep your interview with NMAC representative at the end).
Buttom line, NMAC finance guy does not talk the same language as the sales people there.
I believe your deal is the best you can get for the Maxima, but make sure that they check your credit and confirm that you qualify for that deal. The best thing is to talk to the Nissan Finance guy upfront to make sure that no conflicts happen while signing the papers with him later on.
Hope that helps
Regards,
Any of you have guesses what the 2012 Maxima will lease for (more/less/same)?
Thanks again!
http://www.legendleasing.com/2011_Nissan_Maxima_SV_Cold_and_Monitor_Packages
$295/mo for 39 mo and 12k/yr. Only due at signing is Bank and DMV, and first month.
monthly does not include tax.
I'm hoping someone can help me quickly - this forum has been a help BUT still not getting the lingo of all the money factors and such. Bottom line is I'm looking at a 2011 Maxima and not sure if I'm getting any kind of a deal. I think I have all the numbers you need to help me out:
This is what the deal said on the car we are looking at:
MSRP: $36,825
Net Cap Cost: $33,868
Residual Value: ?
Money Factor: .00022
Lease end value: $19,517
The car does have Cold weather package, rear monitor package, boise system.
$405 month includes tax.
Appreciate any kind of advise as I'm noticing most other posts are getting the maxima for less - $310-$360 a month.
Note: I'm taking it that MSRP is the price on the sticker in the window. Am I supposed to be negotiating THAT price?? Sorry for the questions but this is new to me and I want to make sure that I am getting the best deal possible.
Thanks
Tried to do the same thing without the sports package, I'm over 10000 miles they wanted $500 out of pocket plus increasing my monthly $100.
I ran away, but from some of the posts here believe I can find a decent deal. Thanks
$284 per mo plus tax ($299 total with WI 5.6%). $550 due at siging (first mo payment, title, lic) not a bad deal, sweet car!
Buyout is $19250, I believe the sale price was around $30k, but I would have to check the paperwork.
purchased in NJ (tags in NY)
$399/month (includes taxes)
$700 total upfront (i.e. $0 down, $700 went toward first month and DMV fees)
12K
39 months
Does Nissan offer a loyalty credit for current Nissan customers? Are there currently any Lease cash available?
It seems that a lot of the sports package quipped models also have the Monitor package, but since it's "only" $700 more, I don't think it could affect the lease payment much...
What do you think? advice? Could I have done better than that?
Can you post the MF and residual for a 2011 Maxima SV Premium, without tech. Looking for 15k miles per year.
Thanks!!
T_Loca
Nissan is currently providing a $1,000 loyalty cash incentive on the Maxima for current NMAC lessees. There's another $1,000 cash incentive available on leases of this car in certain parts of the country.
Car_man
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Car_man
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The dealer provided me with 12K mi. per year / 39 mos. 54% residual and money factor of .00022.
Are these numbers accurate?
Could you please post the August mf/residual for the following:
2011 Maxima S for 39 months 12k
2011 Maxima SV for 39 months 12k
I am in KY, don't know if any regional lease incentives are available. Thanks.
Car_man
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The numbers for an otherwise identical lease of a base '11 Maxima SV are .00022 and 54%.
Car_man
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