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2013 and earlier Nissan Maxima Lease Questions
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Can anyone make me feel good and tell me that I got a good deal :-) ?
I leased one in November and was 2999 out of pocket plus 339 a month 12k per year 39 months. You did very well. I expect it to get a little better by August or so... but if you enjoy the car as much as I do mine, that won't matter.
Only if you are a physic.
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2009 SV with bluetooth, mats
MSRP 34,205
Sales 33,300
Down 1,299
Residual 57%
MF .00142
39 months 12K miles
Payment $395 pre tax
Not too keen on the down over 1st payment but might be applying to TTL etc. What is the current Dealer Cost (profit) on these leases?
I have been working with the on-line lease calculators and a similar excel spread but can't seem to get back to their pmt. I had to back into Cap cost to match their pmt vs quote price. Would indicate they are adding something but not disclosing.
Have been working with them several days and this seems like their bottom. Residual seems like a good deal vs. others lately for other brands <50% on Honda Pilot.
Leaning toward sitting still till next month (Memorial Day Specials) to see if it gets better. Also looking at Pilot for best "value" Can't believe it will get worse.
Any thoughts?
Thx
For comparisons sake, I occasionally look at a few dealers in the southeast and mid-atlantic for online pricing. dobbsdirect.com, teamdirect.com, Brown's Sterling Nissan, fitzmall.com, nissanofforestcity.com, antwerpennissan.com, etc. I don't think I have seen anything as low as 26.8 with the options you want.
The discounts offered are quite a bit bigger than $900. Do some inventory searches on some of those sites and see what you think.
I was down in Augusta, Ga about a month ago and they had some "sale tags" hanging from the rear view mirrors: Maximas with MSRPs of 36k for 31-32k. FWIW.
Maybe you are posting a sales price that includes (a lot of) Florida taxes????
I almost bought an 09 Maxima SV tonight on a whim (went in for an Xterra but the lease rates were insane so I looked @ the Maxima). I REALLY liked it but decided to wait a bit so I could do some research. Can someone please tell me if the below deal they offered is good?
MSRP: $35,300
Down: $2999
Monthly Pmt: $542 (incl. tax)
Residual: 56%
Money Factor: 0.00250
My credit is Tier 2 and I live in Southern California.
If the above deal isn't good, does anyone have any suggestions as to what is a good deal?
Thanks in advance!
The numbers for an otherwise identical 39 month lease are .00108 and 55%. I'm not sure if NMAC offers 10,000 mile per year leases on Nissan division vehicles, but if it does, its 10k residuals are likely 1% higher than its 12k resids.
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Nissan Motor Acceptance Corp.'s May buy rate lease money factor and residual value for a 36 month lease of a 2009 Maxima SV with 150,000 miles per year are .00108 and 55%, respectively.
Unfortunately, the customer cash incentive that you referred to cannot be combined with Nissan's special lease program. Having said this, Nissan is running a behind the scenes dealer stairstep program this month that I am sure dealers will be anxious to hit. Basically this program provides dealers who hit their sales targets with at least $1,000 dealer cash per unit. As you can imagine there's a lot of incentive for dealers to try to hit their number. As a result, I suspect that dealers will be very aggressive with their Maxima pricing in May.
These programs are scheduled to run through June 1st. It is difficult to say what Nissan's June program will be like at this point.
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Looking at an 09 Maxima SV with prem+tech, splash guards, spoiler, floor mats with charcoal interior and black exterior (kind of rare here in the Midwest). I’m working with the sales manager and here were his numbers:
MSRP: $39,600
Sale Price: $37,200
Down: $3000
Monthly Pmt: $426 (incl. tax)
Residual: 56%
Money Factor: 0.00108
The sales manager said he is getting the car at $36,000 and only making $1,200 because of the options and colors on the car. Is this true and do you think I can push him down further on the sales price? I was at least shooting for additional $600 off to $36,600, which is what Edmunds TMV has for my area (Cincinnati).
Thanks for the help!!
The car came with a spoiler, floor mats and slash guards. Although I would have preferred to get the standard model and build from there you don't have that option.
MSRP: $39,600.00
Bought for $32,995 which included the $1250.00 rebate.
I also purchased the extended warranty. For those who may not know, Nissan's extended warrany comes with a money back gaurrantee that means if you don't ever use it, you get your money back. Its also transferable if you sell the car.
List price for the 6yr. 75K mile bumper to bumper warranty is $1750.00
I got it for $1449.00.
2009 Maxima SV (Mystic Jade and Charcoal) w/Cold Pkg., splash guards and mats
MSRP: $34,300
Negotiated price: $30,956 ($475 under invoice)
55% residual; money factor of .00108
In addition, they have offered to take another $150 off the price to help cover my last payment on my current Maxima lease. This should pay my payment (39 months, 12,000 miles/yr.) at around $410/mo. (nothing down, TTL included) The only issue I have is whether I should wait until June to see if the deals get any better. What do you all think?
I am close to leasing a 2009 Maxima SV with a MSRP of $37,355. The dealer(new Jersey) is somewhere around $420 a month with 1500 down and an allowance of 15,000 miles.
I want it for $400 a month, am I being unreasonable?
Thanks
I'm paying $435 for my SV Sport - no Nav, 39 months, 18K miles. I put down $4,700. Got it in January.
What dealer are you working with? Got mine in Red Bank, and that was squeezing every dime out of them and them some (they are good people tho'..Got my '05 Maxima at Pine Belt..NIGHTMARE would never deal with them again!)
The money factor was .0028, I know it around .0018 now, but it wouldn't make that much of a difference. Sound too good to be true. If the $420 includes tax @ 39 months, I'd grab it!
15K
39 month
Net Cap Cost $29,500
Residual 56%
MF .00108
$382/month w/taxes
Only first payment down
Is this good? I am goin to make an offer on Net Cap Cost of around $29,000 which should bring the payment down to $367/month w/tax. Is that reasonable?
The Residual value in dollars quoted to me was $17,474
The lease was $418 including taxes, 1500 down (included first month) the car's sticker was $37,355.
Winter white with tan leather interior!
For the guy that asked- Hilltop Nissan in NJ
Doing a 39 month lease
$2K down
12K miles/yr
$417/month
I'm very happy; great looking car.
I wish I knew how you pulled that off! Altho' I think the rebate is higher, and money factor is 1/2 of what it was in January.
Now I'm going to be thinking that maybe I COULD have gotten a better deal, but I did enough research to know I couldn't, and the lease was up on my '05 Maxima & they wouldn't negotiate on the buyout, or I would have kept it. I say my new one is the first time ever that I dion't want a new car!
I wished they offered a tech package that didn't have the Nav System. I really wished my car had rear sensors and/or monitor (I can't park this one for a hill of beans), plus on the '05 you do thingslike reset the headlight delay, the key remote, etc. Can't do that unless you get the Tech Pkg.
How long of a term & how many miles per year?
I'm @ 39 Months & 18K per year (which is in my pmt....too bad all I've driven in 4 months is 2,500 miles!
I really think I would have liked Navy with Frost (altho' Mystic Jade kinda sings to me now), but I had to go with Black and Frost. every time I get a Black Car (this is my 3rd), I remember why I usually went for a different color - it's ALWAYS Dirty!
My '05 was Bronze, no matter how dirty is was (except for road salt) it just looked a shade darker!
429 a month, SV, prem, tech
just fees at closing
12k a year.
PM me if you want dealer contact info.
your help is appreciated.
$36,759
$0 down
$466 per month for 39 months
12,000k per year
Tynan's Nissan Aurora, Colorado
SV 3.5
premium and premium tech
splash guards, trunk organizer and first aid
39 months/12K per year
$2K down
$413/month
I can't believe what a dream it is to drive.
Maxima SV
MSRP $ 36,500.00
Lease payment $447.00 per month
includes TT&R all fees
15,000 miles per year.
$600.00 down
I am new to leasing and don't know specifics of money factors ect. What do you guys think? Is this a good deal? Any advice or help would be get, I know some of you guys are great at this.... Thanks in advance Jerry
The MSRP is fine to know, but the important number is what you are paying for the car; the agreed upon selling price. That number and the money factor (.00108 or 2.59%) are the two most important numbers to know when figuring out if you have a good deal or not. A dealer can work to get you to whatever monthly lease payment you want. So, a monthly payment amount isn't necessarily indicative of a good deal.
To get the interest rate on a lease you need to multiply the money factor by 24. You should be able to get at least close to invoice price on your SV, if not below it. So, let us know the selling price and we can go from there.
here are the details
MSRP $35,400
sale price $33,00
money factor .00108
lease payment 428.77
39 month lease
end of lease buy out approx $19000
out of pocket down $334 for plates doc fees, taxes rolled into lease
What do you think?
I would need to know how you have your Maxima configured with accessories (premium, technology, sport, splash, spoiler, etc) to be able to figure out the invoice price and determine if you got a good deal or not, but I think you might be able to squeeze a few more dollars out of your dealer on the sale price. Only getting $2400 off MSRP seems a bit low. I would also use the Edmunds.com TMV (True Market Value) calculator to figure out the invoice price and what others in your area are paying for a similarly configured Maxima.
http://www.edmunds.com/new/2009/nissan/maxima/101028157/prices.html
I'm closing in on a black on black 3.5 SV w/ premium+technology, spoiler, splash, floor mats for $36k on an MSRP of $39,600, which is just about $30 over invoice.
National Base Price
A note about advertising fees
Regional Adjustment
for Zip Code Change - -
Optional Equipment
U03 Sport Technology Package
L92 Floor Mats/Trunk Mat $
B94 Splash Guards
K92 Trunk Sub-Floor Organizer
Color Adjustment - - $0
Not Sure
Destination Charge $720 $720 $720
MSRP INVOICE
Total with Options $36,330 $33,151 $33,515
Incentives & Rebates -$1,250
Customer Cash Adjusted True Market Value $32,265
I would say that if you could get at least $3,600 off the MSRP or below invoice then you will be doing fine. At that point, getting to your needed monthly payment is determined by how much you want to put down. Of note: be careful putting too much money down on a lease. If something were to happen and the car gets totaled then you are out the money you put down and have no car.
Looks like the mf on the Maxima lease is .00108 - does anyone have the residual %s for a 12k mile per year lease?
Also, do residuals vary by package, i.e., lower % with sport package, etc?
Thanks!
I drove a base model this morning and liked it - quite a bit. Seems like a solid car, with plenty of standard items for the money.
By the way, a base model in my area (N.CA) is going for about $7k below MSRP, inc. the $1250, which I know is only available for purchase transactions.
Does that sound like good pricing? I'm assuming I can get below $299 per month, including tax, and without paying the $2999.00.
Maxima SV w/premium, splash guards and mats
39 mos./ 12K
MF .00108 / Residual 55%
MSRP: $37,355
Selling Price / Capital Cost: $32,622
Payment: $367.08
Payment w/ Pa. sales tax: $400.12
Out of pocket: Acquisition, 1st month & DMV
Maxima SV Premium (splash guards and mats included)
39 mths/ 12,000 miles-year
MF= .00108
residual= 55%
MSRP= $37,380
cap cost= $32,900
OOP total= $735 (includes 1st mth + registration costs)
Monthly payment = $475 includes FL tax