Options
2013 and earlier Nissan Maxima Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Sorry, forgot to say I assumed zero down on the above calcs, but can you tell me what my total drive off would be?
Just did a deal on 06 Maxima SE. Extra equip rear spol, mats,flaps. Leased 36 months $0 down and $400 per month including tax, first payment maid by dealer. Traded a 03 Jetta that was about a $800 in positive equity. Need some reasurrance that i didn't get raped. Thanks.
Chachi
Car_man
Host
Prices Paid Forums
Car_man
Host
Prices Paid Forums
Car_man
Host
Prices Paid Forums
w/ options and destination charge = 29065
Sale price = 28111.01
Acq fee = 550
DOC = 399.50
Total Gross Cap Cost 29060.51
Buy out at end is 15404.44
I put zero cash down, trade was a wash. 36 months @ 12k miles per year. first payment made in deal so 35 payments at 400 including tax. What do you think is a great deal in this scenario?
Car_man
Host
Prices Paid Forums
'06 Maxima SE Black
Splash Guards
Floor mats
Rear Spoiler
MSRP = (will call in AM, dealer never came back with price!)
Cap Cost = 0
Lease Terms = 36 months/15K miles per year
Residual = 54%
Money Factor = .0004
Monthly payment (includes 5% tax) = $284.56
- 284.56 : First month payment
- $1216.00: Fees,taxes,Plates,Registration for a total of $1500.00 (No security deposit because we are previous Nissan customer) Will get breakdown of fees in the AM.
----------------------------------------------------
$284.56 for 35 months with $1500 out of pocket.
$11440.00 total cost of lease for 36 months at buy out at end of lease is $15036= $25476. cost of car including all fees and 45k miles.
Trade: 2000 Dodge Intrepid 89k miles, really rough shape tons of dog hair,smells, A/C leak, rips in seats, cassette, burns oil smokes needs $1200 valve job. (we didn't tell dealer)
The dealer offered $2500. for trade $1500. toward fees, (no cap cost) plus cut us a check for $1000.
Thanks for any advice.
'06 Maxima SE Black
Splash Guards
Floor mats
Rear Spoiler
MSRP = 29085
Cap Cost = 338 or $10 more/month on payment. (dealer did this to keep 1500 of 2500 trade round numbers, cutting us a check for the remaining 1000. He will give us 338 if we prefer.
Doc Fee of 299, 285 first payment,taxes, title, 550 aquistion, plates all in $1162. + 338 cap=1500.
Lease Terms = 36 months/15K miles per year
Residual = 54%
Money Factor = .0004
Monthly payment (includes 5% tax) = $284.56
Buy out: 15039.
Let me know if you need more info to determine if good deal. Thanks Again Diana
The MSRP on the 2007 SL is $33465... they said unfortunately, the deals on leases were not so good... and boy did I agree, once I saw the figures.
$547 / month for 36 months / 12K miles a year and $2,000 down
Can you help me understand why, when it is almost the same sticker price for the 2006, is there such a discrepency - they said we could have the '06 for $357 / month - 0 money down. 36 month/$12k miles
No way will I pay almost $550 a month for a Maxima ... but love the car. Any idea how long to wait before they will get better lease rates??
Thank you!
lot. Here in Tampa, the two local
dealerships don't seem to have any yet.
By the way, what state do you live?
you're from Ohio?
Navigation
Driver Pref pkg
Sunroof
Sirius radio
floor and trunk mats
here are the numbers, how did i do
15,000 miles a year for 36 months
380 month including tax of 9% w/ 2000 down
2000 down as follows
380 first month pmt
165 tags
1335 cap reduction
120 tax on cap cost, 9%
sticker was $35,545 with selling price of $31,730
i was told residual was 52% and money factor of .00004
how did i do, could i do better have 24hrs to decide
me! You just got a top-of-the-line Maxima
SE! Enjoy your new car!
If anyone needs any advise before buying, or leasing a nissan. Please feel free to ask me, I'm an Internet Sales Guide in south florida, and will give you the real answers, to any of your questions.
thanks
Car at 31500...selling price.
1500 down (signing inceptions)
36 mos lease $414.69 a mos without tax.
with 15k miles
good luck
nissan99 -- Can you break down what the $1500 signing inceptions are?
Inceptions..include sec deposit....first monthly payment, doc fee, and tag.
Maybe my leasing program has a different calculation that I'm not aware of cause of the state. However, there is interest involved too, and that is probably what you are missing.
nissan99
'06 Maxima SE Black
Splash Guards
Floor mats
Rear Spoiler
MSRP = 29065
Neg Sale Price: 25100
Cap Cost = $338
Lease Terms = 36 months/15K miles per year
Residual = 54%
Buyout: 15036
Money Factor = .0004
Monthly payment (includes 5% tax) = $284.56
- $1216.00: includes first payment, Fees,taxes,Plates,Registration, Doc Fee $299 includes in above number.(No security deposit because we are previous Nissan customer)
----------------------------------------------------
Trade: 2000 Dodge Intrepid 89k miles, really rough shape tons of dog hair,smells, A/C leak, rips in seats, cassette, burns oil smokes needs $1200 valve job. (we didn't tell dealer)
The dealer offered $2500. for trade $1500. toward fees, (338 cap cost) plus cut us a check for $1000.
Thanks for any advice.
Added features: Splash guards, mats
Driver preferred pkg.
Black color, black interior
Live in TX and considering a 24 mo lease at 15,000 miles. What ballpark should we be in? LMK if you need additional info. Thanks
2006 Nissan Maxima SL
Floor Mats
Splash Guards - 4-piece, body-color
Power Glass Sunroof
He filled out a Credit Application today and the dealer said they would honor the Money Factor that was valid through today for a few more days.
They said they will sell the car at $100 over Invoice no $1500 Rebate since it's a lease.
So...
0 Down just normal drives which should be 600 or so I am guessing?
$31,945 MSRP
$29,273 Sell Price
Money Factor 000410
36 Months 12y/r
$387 a month if he puts down a security deposit.
not sure the residual, does anyone know?
Can someone help advise me if this is a good deal or what I can do to help him.
What are the new deals out on 7/6?
Thank you in advance for any help!
to me. Good luck to your friend, and you're
a great friend to help out!
Also, looking to find out the residual on a 36-month / 12K miles /year lease.
THANKS!
I would like to know the MF and residual on a lease for an '06 and '07 Maxima SE for 3 years with 15,000 miles a year. Could you also provide the 39 month program as well?
Thanks for your help Car_man.
Tim
What is the MF and Residual for a 2007 Maxima Elite with 15k miles per year?
ALso, any recent selling prices for this car. My dealership plays game with in the F & I room and I cannot stand it.
PLEASE HELP. I need a car fast! and this seems to be about the only one my wife likes that I can afford!
Frustrated in GUlfport, MS
R
Maxima SE
MSRP $28890
Selling Price $26417
15K/36
52% Residual
$15172 Residual Value
.00019 Money Factor
$371mo payments (tax included)
sign and drive( no money out of pocket)
now my credit is a little shady but I have a cosigner with golden credit. Is that why my money factor is this instead of the.00004 that i have seen?
Is this a good deal? Does Nissan have any lease cash that they are not disclosing? Let me know! They told me this was $300 under invoice.
Things people would need to know before we can offer you any help.
1. The residual percentage being used; this isn't negotiable and if you are using nissan financing, from my research, it should be 53% for a 36 month lease.
2. The money factor. Now this can be played with. The great news is that Nissan is offering a great money factor on 06s, .00004. Money factors are not interest rates, but to convert a mf to an interest rate, multiply the mf by 2400. In this case, this is a .7% rate. Practically no interest!!!
3. Are you putting you positive trade in money as a down payment? I don't recommend putting money down on leases. If you are putting down $5000, that's probably not a great price.
Also, be aware that there is a $1500 factory to consumer rebate on 06 Maxima's according to Edmunds. I don't know if it's included in leases, but I think it should be.
I'm about to buy an 06 or 07 Max. For the 06, if I can find the car I want, my MSRP is $35,805 and the invoice is $32,447. But remembering there is a rebate, the invoice is actually $30,947. If I can get a dealer to agree to that price, I calculated my payment to be $357/month. I would be paying at signing, the bank fee (or acquisition fee), any dealer fees, and of course the first payment. So basically, I'm not putting a down payment on the vehicle, just paying fees at signing.
Compared to your deal, I'm only paying $19 more a month for a more expensive car and not putting down roughly $5000. So I'd say you're not getting a great deal.
Go here to learn more about leasing.
Car_man
Host
Prices Paid Forums
Car_man
Host
Prices Paid Forums
Car_man
Host
Prices Paid Forums
Car_man
Host
Prices Paid Forums
Car_man
Host
Prices Paid Forums
Car_man
Host
Prices Paid Forums
There's nothing wrong with trading a vehicle in when leasing a new one, however you would be much better off having the dealer that you are working with cut you a check for your trade rather than using the proceeds from it as a down payment on you new lease. I say this because consumers who make down payments on leases risk losing their money if their vehicles are totaled in an accident or stolen and never recovered. In order to tell whether the deal that you were quoted is attractive, I really need to take a look at this car's MSRP and selling price. Find out these numbers and I'll analyze this deal. Talk to you soon.
Car_man
Host
Prices Paid Forums
2006 Maxima SE
w/ Drivers Preferred Package
Sticker: $33,345.00
Dealer's best price & $1500 rebate: 30,282.00
Price incl Ohio Tax & Title: $32,484.83
And as CAR_MAN stated, the rebate is for "cash" buyers only, so my lease payment shot up to $396 with very little profit given to the dealer, wish me luck on getting this done!
The selling price that you were quoted for this car includes $1,500 customer cash, which unfortunately is not compatible with Nissan's special lease program for this model. When we back the $1,500 out of the price that you were quoted we come up with $31,782. The car that you described has a spread of around $2,900 between its full MSRP and dealer invoice price. You are being given a discount of $1,563 on it. If you are in an area that has a decent level of competition, I would not be surprised if you were able to beat this price. Stop by the following discussion for additional feedback on how much you should pay for this car: "Nissan Maxima: Prices Paid & Buying Experience".
Car_man
Host
Prices Paid Forum
Sticker: $33,345
36 month lease
15,000 miles/year
$950 fees due at signing
$419 per month