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2016 Nissan Maxima Lease Questions

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  • mattb87mattb87 Member Posts: 12
    Can I get the Res and MF on a 2016 Platinum 36m/12k?
  • kyfdxkyfdx Moderator Posts: 266,064
    mattb87 said:

    Can I get the Res and MF on a 2016 Platinum 36m/12k?

    .00008 MF and 57% residual

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  • solipsist01solipsist01 Member Posts: 2
    Hello,
    Can you please post Residual and MF on 2016 Maxima SR and Platinum, 36/12, in Kansas City.
    Also, any idea if Nissan will be rolling out additional incentives closer to Christmas (mid-month)? Have they ever historically done this in the past?
    Thanks, seasons greetings.
  • MichaellMichaell Moderator Posts: 262,617

    Hello,
    Can you please post Residual and MF on 2016 Maxima SR and Platinum, 36/12, in Kansas City.
    Also, any idea if Nissan will be rolling out additional incentives closer to Christmas (mid-month)? Have they ever historically done this in the past?
    Thanks, seasons greetings.

    .00008 and 57%.

    No information on incentives, or whether they may change during the month.

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  • newcarsmell94newcarsmell94 Member Posts: 5
    edited December 2015
    Hello -

    Looking for the residual and MF, 15K year on a 2016 Nissan Maxima SL in St. Louis - 63146 - along with any current incentives.

    Thanks and Happy Holidays!
  • MichaellMichaell Moderator Posts: 262,617

    Hello -

    Looking for the residual and MF, 15K year on a 2016 Nissan Maxima SL in St. Louis - 63146 - along with any current incentives.

    Thanks and Happy Holidays!

    .00008 and 56% for 36/15

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  • eltrilliardoeltrilliardo Member Posts: 11
    Hoping to find the Residual and MF on a 2016 Maxima SV in Nebraska with 36/12.

    Any incentives?
  • MichaellMichaell Moderator Posts: 262,617

    Hoping to find the Residual and MF on a 2016 Maxima SV in Nebraska with 36/12.

    Any incentives?

    .00008 and 57%. No information on incentives.

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  • xando05xando05 Member Posts: 42
    That is correct. Nissan does not offer 10K leases except for the GT-R and one other vehicle, I think the 370Z. I talked with a staff member in the corporate division of NMAC and he had this verified with another senior staff member.
    Michaell said:

    lb530529 said:

    What are the numbers for the SL model, 36/10? Are there better offers on 33 months or less? Any cash incentives?

    .00008 and 57% for 36/12.

    Nissan doesn't offer 10K leases.

    Only term shorter is 24 months ... 63% residual.
  • brz66brz66 Member Posts: 8
    Hello- I am looking for the residual and MF, 12K year on a 2016 Nissan Maxima Platinum in NY (Long Island) - along with any current incentives. Thanks.
  • MichaellMichaell Moderator Posts: 262,617
    brz66 said:

    Hello- I am looking for the residual and MF, 12K year on a 2016 Nissan Maxima Platinum in NY (Long Island) - along with any current incentives. Thanks.

    .00008 and 57% for 36/12

    No incentive information available to us.

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  • ag3ntgioag3ntgio Member Posts: 2
    Hi, Could I please have the Residual and MF for a 36 mo. 12k/yr and 36 mo. 15/yr lease on the 2016 Maxima 3.5 S (base model) ? In Southern California, looking to lease beginning of year.
    Thanks and happy new years to all.
  • MichaellMichaell Moderator Posts: 262,617
    ag3ntgio said:

    Hi, Could I please have the Residual and MF for a 36 mo. 12k/yr and 36 mo. 15/yr lease on the 2016 Maxima 3.5 S (base model) ? In Southern California, looking to lease beginning of year.
    Thanks and happy new years to all.

    .00008 and 57%. Nissan numbers expire on 1/4/16.

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  • sl1288sl1288 Member Posts: 58
    Hi, what are the numbers on a 2016 Maxima Platinum in Providence, RI? Are there any offers for the end of the year? Thanks.
  • sl1288sl1288 Member Posts: 58
    Sorry. Forgot to include 36 months and 15k per year.
  • kyfdxkyfdx Moderator Posts: 266,064
    sl1288 said:

    Hi, what are the numbers on a 2016 Maxima Platinum in Providence, RI? Are there any offers for the end of the year? Thanks.

    sl1288 said:

    Sorry. Forgot to include 36 months and 15k per year.

    .00008 MF and 56% residual

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  • lb530529lb530529 Member Posts: 106
    Are the Jan numbers available?
    Looking for MF/Residual and Incentives for the SL model.
    Preference would be 36/10k but willing to change terms if there is a different sweet spot in 33, 39 months or different mileage.

    Thank you
  • kyfdxkyfdx Moderator Posts: 266,064
    lb530529 said:

    Are the Jan numbers available?
    Looking for MF/Residual and Incentives for the SL model.
    Preference would be 36/10k but willing to change terms if there is a different sweet spot in 33, 39 months or different mileage.

    Thank you

    .00003 MF and 54% residual for 36mo, 12K/yr (no 10K/yr for Nissan).

    Good for all Maxima trims.

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  • sergioc615sergioc615 Member Posts: 32
    what is the MF and RV for 36/15? I believe I'm tier 2 or 3 can you give me for both?
  • sergioc615sergioc615 Member Posts: 32

    what is the MF and RV for 36/15? I believe I'm tier 2 or 3 can you give me for both?

    I'm in NJ, don't know if that makes a difference.
  • MichaellMichaell Moderator Posts: 262,617

    what is the MF and RV for 36/15? I believe I'm tier 2 or 3 can you give me for both?

    00003 and 53% for everything down to tier 3.

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  • lb530529lb530529 Member Posts: 106
    No incentives this month?
  • MichaellMichaell Moderator Posts: 262,617
    lb530529 said:

    No incentives this month?

    None that I'm aware of.

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  • rsms530rsms530 Member Posts: 4
    Hello, can someone please let me know if the following is a good deal on a 2016 maxima platinum in Florida?

    MSRP: 41,695
    Adjusted Price: 35,969
    Doc Fee: 697
    Taxable fees: 304
    Tax: 137
    Non tax fees: 604
    Net price: 37,710
    Cash down: 0

    Money factor .00003
    Residual 61% for 12k and 60% for 15k

    36/15: 455/month
    36/12 442/month

    Thank you!
  • MichaellMichaell Moderator Posts: 262,617
    rsms530 said:

    Hello, can someone please let me know if the following is a good deal on a 2016 maxima platinum in Florida?

    MSRP: 41,695
    Adjusted Price: 35,969
    Doc Fee: 697
    Taxable fees: 304
    Tax: 137
    Non tax fees: 604
    Net price: 37,710
    Cash down: 0

    Money factor .00003
    Residual 61% for 12k and 60% for 15k

    36/15: 455/month
    36/12 442/month

    Thank you!

    I get $389/mo plus tax for 36/15. Something seems off with the numbers.

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  • rsms530rsms530 Member Posts: 4
    Michaell said:

    rsms530 said:

    Hello, can someone please let me know if the following is a good deal on a 2016 maxima platinum in Florida?

    MSRP: 41,695
    Adjusted Price: 35,969
    Doc Fee: 697
    Taxable fees: 304
    Tax: 137
    Non tax fees: 604
    Net price: 37,710
    Cash down: 0

    Money factor .00003
    Residual 61% for 12k and 60% for 15k

    36/15: 455/month
    36/12 442/month

    Thank you!

    I get $389/mo plus tax for 36/15. Something seems off with the numbers.
    I thought it seemed high as well. I plugged it into the Edmunds calculator and got $390 with tax. Do dealers sometimes make up the monthly payment number hoping consumer do not check themselves? Thanks for your help.
  • MichaellMichaell Moderator Posts: 262,617
    rsms530 said:

    Michaell said:

    rsms530 said:

    Hello, can someone please let me know if the following is a good deal on a 2016 maxima platinum in Florida?

    MSRP: 41,695
    Adjusted Price: 35,969
    Doc Fee: 697
    Taxable fees: 304
    Tax: 137
    Non tax fees: 604
    Net price: 37,710
    Cash down: 0

    Money factor .00003
    Residual 61% for 12k and 60% for 15k

    36/15: 455/month
    36/12 442/month

    Thank you!

    I get $389/mo plus tax for 36/15. Something seems off with the numbers.
    I thought it seemed high as well. I plugged it into the Edmunds calculator and got $390 with tax. Do dealers sometimes make up the monthly payment number hoping consumer do not check themselves? Thanks for your help.
    I'm sure there is math to support whatever payment they quote. If you can get all the numbers, the math is pretty straightforward.

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  • djdezdjdez Member Posts: 119
    Looks like his residuals are too high!  Shouldn't it be 53% and not 61% for 36/15??? 

    Also, does anyone know if there is any lease cash available on the Maxima yet? 
  • kyfdxkyfdx Moderator Posts: 266,064
    djdez said:

    Looks like his residuals are too high!  Shouldn't it be 53% and not 61% for 36/15??? 

    Also, does anyone know if there is any lease cash available on the Maxima yet? 

    Yeah, those are the 24 month residuals. 36 month are 56%/55% for 12K/15K/yr

    Sorry, we don't have the incentive information.

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  • hugo31zhugo31z Member Posts: 4
    Good afternoon, I have not leased in a while and I am new to this message board. I am interested in a new Maxima SL. I live in Long Island, NY. I did some research on the MF and residuals and I get it at a high level. I am trying to put that into actual numbers to make sure I get a good deal when I go to a dealer, but need some help. I see sticker price is 37k, assuming it is negotiated down to 34K, for 12K/3 years what is a good price based on the current residuals? I feel like I get this, but my numbers are not adding up. Thanks for any help!
  • MichaellMichaell Moderator Posts: 262,617
    hugo31z said:

    Good afternoon, I have not leased in a while and I am new to this message board. I am interested in a new Maxima SL. I live in Long Island, NY. I did some research on the MF and residuals and I get it at a high level. I am trying to put that into actual numbers to make sure I get a good deal when I go to a dealer, but need some help. I see sticker price is 37k, assuming it is negotiated down to 34K, for 12K/3 years what is a good price based on the current residuals? I feel like I get this, but my numbers are not adding up. Thanks for any help!

    .00003 is the MF and the 36/12 residual is 56%.

    Assuming $37K for the MSRP and $34k for the cap cost, I get a payment of $371/mo + tax.

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  • hugo31zhugo31z Member Posts: 4
    To be clear, the residuals change from month to month and also depend on the state of purchase? Are there predictors on what they will be in future months? The higher the better, correct?
  • MichaellMichaell Moderator Posts: 262,617
    hugo31z said:

    To be clear, the residuals change from month to month and also depend on the state of purchase? Are there predictors on what they will be in future months? The higher the better, correct?

    It depends on the manufacturer. Some update the residual and MF monthly, others update the residual only every quarter (Ford and Toyota do this).

    No way to predict what will happen from month to month. As they say in the financial world, "past performance is no indicator of future results"

    However - and this is a very general statement, the residuals trend downward through the model year. Marketing may 'suggest' to the bank folks to prop up the residuals, however, to making lease payments more attractive.

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  • hugo31zhugo31z Member Posts: 4
    Michaell said:

    hugo31z said:

    To be clear, the residuals change from month to month and also depend on the state of purchase? Are there predictors on what they will be in future months? The higher the better, correct?

    It depends on the manufacturer. Some update the residual and MF monthly, others update the residual only every quarter (Ford and Toyota do this).

    No way to predict what will happen from month to month. As they say in the financial world, "past performance is no indicator of future results"

    However - and this is a very general statement, the residuals trend downward through the model year. Marketing may 'suggest' to the bank folks to prop up the residuals, however, to making lease payments more attractive.
    Great! You have been very helpful and I understand it now. I didn't realize the MF varied so much from car to car and how some mark it up. At .00003 there is hardly any interest especially compared to the MF we discussed on the Jeep Wranglers..
  • MichaellMichaell Moderator Posts: 262,617
    hugo31z said:

    Michaell said:

    hugo31z said:

    To be clear, the residuals change from month to month and also depend on the state of purchase? Are there predictors on what they will be in future months? The higher the better, correct?

    It depends on the manufacturer. Some update the residual and MF monthly, others update the residual only every quarter (Ford and Toyota do this).

    No way to predict what will happen from month to month. As they say in the financial world, "past performance is no indicator of future results"

    However - and this is a very general statement, the residuals trend downward through the model year. Marketing may 'suggest' to the bank folks to prop up the residuals, however, to making lease payments more attractive.
    Great! You have been very helpful and I understand it now. I didn't realize the MF varied so much from car to car and how some mark it up. At .00003 there is hardly any interest especially compared to the MF we discussed on the Jeep Wranglers..
    Exactly .. manufacturers will manipulate the MF, residual and lease cash to induce better sales each month.

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  • carzcarz Member Posts: 26
    I have a deal in place for a MAX SV, mats and splash guards and suppose to pick up the car this coming saturday with a Long Island, NY dealer, providing they get my color silver in. I now have a Infiniti G37x with 4 months left at $344.00 p/m. The pull ahead program will waive 2 paymts and the dealer will absorb the other 2.

    The deal is 36/12 at $336.42 ($309+tax $27.42)
    Money down. $1185.65 (Acquisition $595, 1st Mon $309, DMV $185 + tax $96.65)

    MF .00003, Resid 56%
  • MichaellMichaell Moderator Posts: 262,617
    carz said:

    I have a deal in place for a MAX SV, mats and splash guards and suppose to pick up the car this coming saturday with a Long Island, NY dealer, providing they get my color silver in. I now have a Infiniti G37x with 4 months left at $344.00 p/m. The pull ahead program will waive 2 paymts and the dealer will absorb the other 2.

    The deal is 36/12 at $336.42 ($309+tax $27.42)
    Money down. $1185.65 (Acquisition $595, 1st Mon $309, DMV $185 + tax $96.65)

    MF .00003, Resid 56%

    What is the MSRP and net cap cost?

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  • rectornarectorna Member Posts: 4
    Hi,

    Can I get the MF and residual for a Platinum with 39months/15,000miles and 39months/18,000miles in Virginia.

    Thanks!
  • MichaellMichaell Moderator Posts: 262,617
    rectorna said:

    Hi,

    Can I get the MF and residual for a Platinum with 39months/15,000miles and 39months/18,000miles in Virginia.

    Thanks!

    You don't want 39 month numbers ... terrible.

    36/15 - .00003 and 55%. Extra miles are charged up front at .15-.25 per mile and deducted from the calculated residual.

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  • cosmic_guycosmic_guy Member Posts: 6
    Please post residual and MF for Maxima SR 27/12K and 36/12K in FL.

    Thank you in advance.
  • MichaellMichaell Moderator Posts: 262,617

    Please post residual and MF for Maxima SR 27/12K and 36/12K in FL.

    Thank you in advance.

    No 27 month programs from Nissan.

    .00003 and 56% for 36/12.

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  • cosmic_guycosmic_guy Member Posts: 6
    thank you sir!
    Michaell said:

    Please post residual and MF for Maxima SR 27/12K and 36/12K in FL.

    Thank you in advance.

    No 27 month programs from Nissan.

    .00003 and 56% for 36/12.
  • rectornarectorna Member Posts: 4
    Do you guys have the MF and residual value for 24months/15,000miles in Virginia?

    Thanks
  • MichaellMichaell Moderator Posts: 262,617
    rectorna said:

    Do you guys have the MF and residual value for 24months/15,000miles in Virginia?

    Thanks

    .00003 and 60% for 24/15

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  • patwhitepatwhite Member Posts: 7
    Hello, do you have the MF and residual values for 36 months/12,000 miles for NC? Looking at the SL trim. Not sure if we'll decide before Feb ends or wait until March.

    Thanks!
  • MichaellMichaell Moderator Posts: 262,617
    patwhite said:

    Hello, do you have the MF and residual values for 36 months/12,000 miles for NC? Looking at the SL trim. Not sure if we'll decide before Feb ends or wait until March.

    Thanks!

    .00003 and 56%.

    Current Nissan numbers are set to expire on 29 February 2016. Can't tell you if the numbers will get better, worse or stay the same next month.

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  • lazaeta1214lazaeta1214 Member Posts: 3

    Hi michaell, i have a deal from my dealer,( gross cap cost 39,161) (selling price 38,630)( MF 00003) (residual amount 21,632,) (residual % .56,) (term 36 mo) (12,000 year) ( $2400 down including all the fees and first payment, $465 a month, and the dealer pay 11 payment left at $400 on my murano 2013, this quote is for maxima SL 2016? Thank you michaell
  • MichaellMichaell Moderator Posts: 262,617


    Hi michaell, i have a deal from my dealer,( gross cap cost 39,161) (selling price 38,630)( MF 00003) (residual amount 21,632,) (residual % .56,) (term 36 mo) (12,000 year) ( $2400 down including all the fees and first payment, $465 a month, and the dealer pay 11 payment left at $400 on my murano 2013, this quote is for maxima SL 2016? Thank you michaell
    I too get $465/mo with those numbers. If you're comfortable with the selling price, no reason not to pull the trigger.

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  • lazaeta1214lazaeta1214 Member Posts: 3
    Thank you so much!
  • eltrilliardoeltrilliardo Member Posts: 11
    Can you provide MF and RV for SL and SV on 36/12 in AZ?

    Thank you!
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