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2013 and earlier Nissan Maxima Lease Questions
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Car_man
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Car_man
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It is difficult for me to evaluate how good a deal this is without knowing your car's selling price. This number will show me how much of a discount you were given and it will enable me to estimate what your monthly payment should be. Let me know what this number is and I will let you know what I think.
Car_man
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'07 Maxima SE
Sensory
Premium Audio
27790
24 month lease
12k miles/yr
$1500 down
$409 per month
66% Residual
.00087 but without credit check. Im assuming they will bump up as im the average range.
Thanks for looking-
Richard
Sensory Package
Driver Preferred Package
Premium Audio
Splash Guards and Mats
Power Glass Sunroof
MSRP $33,625
24 month lease
12k miles annually
0 down and 0 due at pickup
$395.00 inc. the 6.5% tax.
Drove out the door for a check written for $395.00, no DOC fees, title or plate transfer fees (in fact paid for a new 12 month plate)and they gave me their $49.00 VIP program for free.
Know I got a great deal. Had 4 dealers competing to lease me the car. So far the car has been great. Only a little disappointed in the MPG which is quite a bit lower than expected. I have owned Lexus GS models and Acuras and this car is right up there for thousands less!!
Car_man
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Is the $27,790 price that you mentioned this car's MSRP or its selling price? I need to know both to give you a detailed analysis of this deal. Let me know and I'll tell you what I think.
One thing that I noticed about this deal is the $1,500 down payment that you are considering making. I always advise consumers against making down payments on leases. The main reason that I do so is that consumers who make large down payments 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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Car_man
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I have been speaking to several Nissan Dealers in my area in ref. to a lease and was offered the following:
- $150 over invoice
- .00141 money factor
- 61% residual
- 36 month term
Are these good numbers? I saw a money factor on this forum of .00087. My credit is very good. Is this a current rate?
How does the mileage (12k, 15k, etc.)affect the numbers?
Thanks in advance for your help
Planning on getting an '07 Maxima SL this weekend and looking for some advice from those that know more than me. MSRP is about $35K (fully loaded with Nav, Driver's Package, Spoiler, Sunroof, etc.). Negotiated for $29,500 after the $1,500 rebate + taxes and docs for a total out the door of $31,800. I think this is a good price. Already got financing externally at 6%. Was planning on putting down approx $7k and financing $25k. However, instead of having a monthly payment of close to $500 at that rate, thinking if leasing might be a better option to have lower monthly rates. Only prob is I drive a lot so would need 18k miles, which I know will drive the residual value down a lot. Don't really care if it's a 2 yr or 3 yr lease. If I leased, wouldn't want to put any money down (for the same reasons others have said here in terms of an accident and the like). So with that said, does anyone know what the current residual value / % would be on such a lease and what the current money factor would be? Does anyone know if the dealer has any say in either of these two factors - or is it only Nissan Motor that gives the dealer the #'s and the only thing the dealer influences is the selling price of the car. Want to make sure that I haven't negotioted a good deal on the price of the car and then lose out in them getting me on these other two factors which I wouldn't really know if they've given me fair figures or not.
Any help would be appreciated as I'm scheduled to go get the car tomorrow and am having some last minute considerations as to whether or not leasing would be cheaper for me.
Thanks so much in advance.
Car_man
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NMAC's current buy rate lease money factor for a 36 month lease of a 2007 Maxima SL is .00245. I don't think that you are going to be able to get a lower money factor than that on your car, regardless of whether you are a returning customer or not.NMAC's March money factor for a 36 month lease of the '07 Maxima SE is .00225. These cars' 24 month lease programs have lower money factors.
I personally always have sales tax added into my vehicle's monthly payment rather than paying it at lease signing. The main reason why I do so is it would be unbelievably annoying to have paid all of the sales tax for my leased vehicle and then have it end up getting totaled or stolen and be out that money.
Car_man
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Car_man
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I am looking to lease a 2007 Maxima SE I wanted to know if anyone had the residual percentage and the money factor used on a 24 and a 36 month lease with 15k a year for this month?
-Gary
Thanks!
Currently there is a $1,500 rebate on the 2007 Nissan SL Maxima. I am being told by the dealer that this does NOT apply to negotiations regarding the price of the car in the context of leasing. Is this true or not? I am also looking to lease this car for 36 months, but am being told that 42 is the "best" value right now. Does this have any merit?
What is a good monthly price I can expect for a 30,900 MSRP 2007 Maxima SL with negotiated (hopefully) price of 27000? I live in NY, where tax is (I think) 8.65%. Residual for 36 months = 54%, money factor, from what I gather, is .00259. When I plug these numbers into a calculator I wrote (based on Car_MAN's formula), I get $360 a month (with nothing down). Are any of my numbers unreasonable or wrong one way or another? Please advise
I'm going tonight to a dealer and I need help with some numbers.
What can I expect to pay for a 2007 Maxima SE MSRP 35,255, hopefully final sales price of $31,000, for 24 months, with $1500 down and 12k/ a year. I'm in Florida and the sales tax is 7%. My credit is excellent and I'm a recent college graduate.
My other question: is the $1500 cash back being offered by Nissan applicable to a lease?
Thanks!
My question...
I have a 2004 Nissan Murano SL AWD.. pretty much loaded up. Its on a lease 400 a month... didnt put any money down, 15k per year, 42 months (52,500 miles total). I still have a year left on the lease, but am quickly approaching my mileage limit (ALREADY). The payoff is still around $23,000.
My question is, does Nissan offer any type of loyalty discounts or considerations when buying or leasing another Nissan vehicle? I'm thinking about getting into a Maxima and I think, taking my current vehicle out of consideration, I can lease a 2007 SE with drivers preferred for around $400 a month, $0 down, 15k per year for only 2 years. I've seen similar deals recently. The question is, is Nissan likely to let me turn in my lease early if I lease or buy another Nissan vehicle?! Or am I just crazy?! Haha. Thanks all!
2007 MAXIMA 3.5 SE 4DR CVT
DARK SLATE
Driver Preferred Package
Floor/Trunk Mats
Splashguards
Sunroof
MSRP: $33,625.00
Selling Price: $30,028.00
24 months, 15k miles
Residual: $21,183.75
$399.05/month including tax ($370.35/month pre-tax)
$0 down payment
$1500.00 out of pocket = includes 1st months payment, acq. fee of $595, and registration fee of $???
It appears that the registration fee is close to $965???
Do you think there's more room to negotiate on the selling price? I don't know what the invoice price is on this car. This was based on an internet quote from the fleet manager. I have not directly negotiated the price on the phone yet.
Although I requested it, the fleet manager did not give me the money factor or residual percentage.
OR MAYBE...it was an "honest" mistake or misunderstanding? Perhaps the 965 includes the tax UP FRONT. So if you pay 399 the 965 would be reduced by almost 700 dollars. Call him and ask about the tax first, to be sure..Otherwise try to beat it down a bit more until/unless you are happy!
Car_man
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Car_man
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Let's work up a couple of sample lease payments on the car that you are interested in for you and see what we come up with. According to my calculations, if you were to lease an '07 Maxima SL that has an MSRP of $30,900 and a selling price of $27,000 through Nissan Motor Acceptance Corp. right now for 24 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $363. The payment for an otherwise identical 42 month lease should be around $401. As you can see, two years is definitely the way to go with the Maxima this month.
Car_man
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Car_man
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Car_man
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looking to possibly lease a new SE... has the money factor rate and residual changed for the month of May? Car_man mentioned as of 4/19/07, they were .00016 and 63% respectively.
Thanks much!
Brian
Car_man
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Car_man
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Car_man
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Car_man
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2007 MAXIMA SE Auto W/mats & Splashguards Lease
39 Months - $299/Month - $2,999 initial payment.
Excludes taxes, title, and license. $2,999 initial payment required at consummation. (includes $2,700 consumer down payment, $299 first month payment, $0 security deposit).
2007 MAXIMA SE Auto W/mats & Splashguards model 8217 subject to availability to qualified lessees through Nissan-Infiniti LT. $28,995 MSRP incl. destination charge. Net capitalized cost of $25,208 includes a $595 non-refundable acquisition fee. Dealer financial contribution may affect actual price set by dealer Monthly payments total $11,661.00. At lease end, purchase for $14,787.45, plus $150 purchase option fee (except KS & WI), plus tax, or pay excess wear and tear plus $0.15 per mile for mileage over 12000 miles per year. Lessee is responsible for maintenance and repairs. See participating Dealer for details. Offer ends May 31, 2007
Also,what would the residual be and are there any cash incentives if you are leasing?
Thanks for your help!!! P.S. I live in Oklahoma
In May, the most attractive lease was a Maxima SE, 24months. What are the terms for the month of June (looking to lease a MAX this month)?