2016 Nissan Maxima Lease Questions

Michaell

eltrilliardo said:

Can you provide MF and RV for SL and SV on 36/12 in AZ?

Thank you!

.00003 and 56% both trims

Vito DiGiorgio

March numbers out yet for Maxima SR or Platinum? 36/12?

Michaell

pizan619 said:

March numbers out yet for Maxima SR or Platinum? 36/12?

.00003 and 56%

marc1022

$1650 Lease cash?

Michaell

marc1022 said:

$1650 Lease cash?

We don't have any incentive information for Nissan.

marc1022

http://www.edmunds.com/nissan/maxima/2016/deals/

Michaell

marc1022 said:

http://www.edmunds.com/nissan/maxima/2016/deals/

I didn't say there weren't any.

Just that I didn't see them in the documents I have.

davetpa

Can you please let me know MF and residual for 36/15 in Florida? And if they stay the same for all trims? Also any lease cash, promos, etc.
Thank you in advance.

Michaell

davetpa said:

Can you please let me know MF and residual for 36/15 in Florida? And if they stay the same for all trims? Also any lease cash, promos, etc.
Thank you in advance.

.00003 and 55% for all trim levels.

achilles11

Got the following offer in Nassau County, NY.

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: $34,000
15,000 miles per year
First month and DMV due at signing ($650ish?)
$381 per month total

Thoughts?


Thanks,

Michaell

achilles11 said:

Got the following offer in Nassau County, NY.

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: $34,000
15,000 miles per year
First month and DMV due at signing ($650ish?)
$381 per month total

Thoughts?


Thanks,

.00003 and 55%.

What is the net cap cost? I ask because the taxes and acquisition fee are being rolled into the lease, since you aren't paying them up front.

As is, your numbers give me a payment of $318/mo.

achilles11

Michaell said:

achilles11 said:

Got the following offer in Nassau County, NY.

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: $34,000
15,000 miles per year
First month and DMV due at signing ($650ish?)
$381 per month total

Thoughts?


Thanks,

.00003 and 55%.

What is the net cap cost? I ask because the taxes and acquisition fee are being rolled into the lease, since you aren't paying them up front.

As is, your numbers give me a payment of $318/mo.

I don't have them off hand but I believe the acquisition fees are $600 and taxes would be 8.725%? Does that make more sense?

Michaell

achilles11 said:

Michaell said:

achilles11 said:

Got the following offer in Nassau County, NY.

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: $34,000
15,000 miles per year
First month and DMV due at signing ($650ish?)
$381 per month total

Thoughts?


Thanks,

.00003 and 55%.

What is the net cap cost? I ask because the taxes and acquisition fee are being rolled into the lease, since you aren't paying them up front.

As is, your numbers give me a payment of $318/mo.

I don't have them off hand but I believe the acquisition fees are $600 and taxes would be 8.725%? Does that make more sense?

The offer sheet should have this information. In NY, lease tax is calculated against the sum of the payments.

Vito DiGiorgio

Have an offer from a dealer for a SR model....quoted me 365$/ month for 36/12. 2000$ to drive the car off plus 1st month. Seems high so need some help here. Can you confirm these #s??

MSRP 39370
Negotiated sale price 33500
1650 lease cash
449 doc fee
595 acquisition fee
Tags 250
7% tax
0.00003 MF and 56% residual

Looking to just drive off with only 1st month payment due at signing

thanks

Michaell

pizan619 said:

Have an offer from a dealer for a SR model....quoted me 365$/ month for 36/12. 2000$ to drive the car off plus 1st month. Seems high so need some help here. Can you confirm these #s??

MSRP 39370
Negotiated sale price 33500
1650 lease cash
449 doc fee
595 acquisition fee
Tags 250
7% tax
0.00003 MF and 56% residual

Looking to just drive off with only 1st month payment due at signing

thanks

I confirm the MF and residual.

Need to know the adjusted cap cost (selling price + fees - cap reduction) in order to model the payment.

Using your prices, I get $342/mo with 7% tax added in.

achilles11

Michaell said:

achilles11 said:

Michaell said:

achilles11 said:

Got the following offer in Nassau County, NY.

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: $34,000
15,000 miles per year
First month and DMV due at signing ($650ish?)
$381 per month total

Thoughts?


Thanks,

.00003 and 55%.

What is the net cap cost? I ask because the taxes and acquisition fee are being rolled into the lease, since you aren't paying them up front.

As is, your numbers give me a payment of $318/mo.

I don't have them off hand but I believe the acquisition fees are $600 and taxes would be 8.725%? Does that make more sense?

The offer sheet should have this information. In NY, lease tax is calculated against the sum of the payments.

Here's what the final offer looks like. Please let me know if you think it's a good deal. Need to wrap this up before April rates come out (any word on if they'll go higher, unchanged, lower?)

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: 36,478
Gross Cap Cost: 38,517 (1196.60 taxes, 247.50 dmv, 595 acquisition)
15,000 miles per year (36 months)
$650 due at signing
$385.42 per month


Thanks,

achilles11

achilles11 said:

Michaell said:

achilles11 said:

Michaell said:

achilles11 said:

Got the following offer in Nassau County, NY.

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: $34,000
15,000 miles per year
First month and DMV due at signing ($650ish?)
$381 per month total

Thoughts?


Thanks,

.00003 and 55%.

What is the net cap cost? I ask because the taxes and acquisition fee are being rolled into the lease, since you aren't paying them up front.

As is, your numbers give me a payment of $318/mo.

I don't have them off hand but I believe the acquisition fees are $600 and taxes would be 8.725%? Does that make more sense?

The offer sheet should have this information. In NY, lease tax is calculated against the sum of the payments.

Here's what the final offer looks like. Please let me know if you think it's a good deal. Need to wrap this up before April rates come out (any word on if they'll go higher, unchanged, lower?)

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: 36,478
Gross Cap Cost: 38,517 (1196.60 taxes, 247.50 dmv, 595 acquisition)
15,000 miles per year (36 months)
$650 due at signing
$385.42 per month


Thanks,

Adjusted cap cost on this is $36,823.59 by the way.


Thanks,

kyfdx

achilles11 said:

achilles11 said:

Michaell said:

achilles11 said:

Michaell said:

achilles11 said:

Got the following offer in Nassau County, NY.

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: $34,000
15,000 miles per year
First month and DMV due at signing ($650ish?)
$381 per month total

Thoughts?


Thanks,

.00003 and 55%.

What is the net cap cost? I ask because the taxes and acquisition fee are being rolled into the lease, since you aren't paying them up front.

As is, your numbers give me a payment of $318/mo.

I don't have them off hand but I believe the acquisition fees are $600 and taxes would be 8.725%? Does that make more sense?

The offer sheet should have this information. In NY, lease tax is calculated against the sum of the payments.

Here's what the final offer looks like. Please let me know if you think it's a good deal. Need to wrap this up before April rates come out (any word on if they'll go higher, unchanged, lower?)

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: 36,478
Gross Cap Cost: 38,517 (1196.60 taxes, 247.50 dmv, 595 acquisition)
15,000 miles per year (36 months)
$650 due at signing
$385.42 per month


Thanks,

Adjusted cap cost on this is $36,823.59 by the way.


Thanks,

.00003 MF and 55% residual.

I get $397/mo. with that CAP cost.

Looks like a very good deal.

Vito DiGiorgio

Michaell said:

pizan619 said:

Have an offer from a dealer for a SR model....quoted me 365$/ month for 36/12. 2000$ to drive the car off plus 1st month. Seems high so need some help here. Can you confirm these #s??

MSRP 39370
Negotiated sale price 33500
1650 lease cash
449 doc fee
595 acquisition fee
Tags 250
7% tax
0.00003 MF and 56% residual

Looking to just drive off with only 1st month payment due at signing

thanks

I confirm the MF and residual.

Need to know the adjusted cap cost (selling price + fees - cap reduction) in order to model the payment.

Using your prices, I get $342/mo with 7% tax added in.

Adjusted cap cost is 33144$ tax 879$

thanks

achilles11

kyfdx said:

achilles11 said:

achilles11 said:

Michaell said:

achilles11 said:

Michaell said:

achilles11 said:

Got the following offer in Nassau County, NY.

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: $34,000
15,000 miles per year
First month and DMV due at signing ($650ish?)
$381 per month total

Thoughts?


Thanks,

.00003 and 55%.

What is the net cap cost? I ask because the taxes and acquisition fee are being rolled into the lease, since you aren't paying them up front.

As is, your numbers give me a payment of $318/mo.

I don't have them off hand but I believe the acquisition fees are $600 and taxes would be 8.725%? Does that make more sense?

The offer sheet should have this information. In NY, lease tax is calculated against the sum of the payments.

Here's what the final offer looks like. Please let me know if you think it's a good deal. Need to wrap this up before April rates come out (any word on if they'll go higher, unchanged, lower?)

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: 36,478
Gross Cap Cost: 38,517 (1196.60 taxes, 247.50 dmv, 595 acquisition)
15,000 miles per year (36 months)
$650 due at signing
$385.42 per month


Thanks,

Adjusted cap cost on this is $36,823.59 by the way.


Thanks,

.00003 MF and 55% residual.

I get $397/mo. with that CAP cost.

Looks like a very good deal.

Yeh I thought so too. The only issue I had was that I see on these dealer websites in say Washington D.C. or another state over that they are willing to sell the car at $33,500 or so. Wondering how that works if I decided to go out of state to lease the car?

brockfl1

On the Nissan Maxima, Platinum with an MSRP of $42.355, how does $1,537 inceptions sound at $388 month for 36/12? South Florida market. Please and thank you!

kyfdx

achilles11 said:

kyfdx said:

achilles11 said:

achilles11 said:

Michaell said:

achilles11 said:

Michaell said:

achilles11 said:

Got the following offer in Nassau County, NY.

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: $34,000
15,000 miles per year
First month and DMV due at signing ($650ish?)
$381 per month total

Thoughts?


Thanks,

.00003 and 55%.

What is the net cap cost? I ask because the taxes and acquisition fee are being rolled into the lease, since you aren't paying them up front.

As is, your numbers give me a payment of $318/mo.

I don't have them off hand but I believe the acquisition fees are $600 and taxes would be 8.725%? Does that make more sense?

The offer sheet should have this information. In NY, lease tax is calculated against the sum of the payments.

Here's what the final offer looks like. Please let me know if you think it's a good deal. Need to wrap this up before April rates come out (any word on if they'll go higher, unchanged, lower?)

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: 36,478
Gross Cap Cost: 38,517 (1196.60 taxes, 247.50 dmv, 595 acquisition)
15,000 miles per year (36 months)
$650 due at signing
$385.42 per month


Thanks,

Adjusted cap cost on this is $36,823.59 by the way.


Thanks,

.00003 MF and 55% residual.

I get $397/mo. with that CAP cost.

Looks like a very good deal.

Yeh I thought so too. The only issue I had was that I see on these dealer websites in say Washington D.C. or another state over that they are willing to sell the car at $33,500 or so. Wondering how that works if I decided to go out of state to lease the car?

Purchase quotes may not be the same as a lease quote. There could be incentives that aren't applicable to a lease. I doubt there is any magic across state lines.

achilles11

kyfdx said:

achilles11 said:

kyfdx said:

achilles11 said:

achilles11 said:

Michaell said:

achilles11 said:

Michaell said:

achilles11 said:

Got the following offer in Nassau County, NY.

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: $34,000
15,000 miles per year
First month and DMV due at signing ($650ish?)
$381 per month total

Thoughts?


Thanks,

.00003 and 55%.

What is the net cap cost? I ask because the taxes and acquisition fee are being rolled into the lease, since you aren't paying them up front.

As is, your numbers give me a payment of $318/mo.

I don't have them off hand but I believe the acquisition fees are $600 and taxes would be 8.725%? Does that make more sense?

The offer sheet should have this information. In NY, lease tax is calculated against the sum of the payments.

Here's what the final offer looks like. Please let me know if you think it's a good deal. Need to wrap this up before April rates come out (any word on if they'll go higher, unchanged, lower?)

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: 36,478
Gross Cap Cost: 38,517 (1196.60 taxes, 247.50 dmv, 595 acquisition)
15,000 miles per year (36 months)
$650 due at signing
$385.42 per month


Thanks,

Adjusted cap cost on this is $36,823.59 by the way.


Thanks,

.00003 MF and 55% residual.

I get $397/mo. with that CAP cost.

Looks like a very good deal.

Yeh I thought so too. The only issue I had was that I see on these dealer websites in say Washington D.C. or another state over that they are willing to sell the car at $33,500 or so. Wondering how that works if I decided to go out of state to lease the car?

Purchase quotes may not be the same as a lease quote. There could be incentives that aren't applicable to a lease. I doubt there is any magic across state lines.

Ahhh makes sense...you think it's a good selling price and deal KY? Thanks to both of you for your help.

Michaell

achilles11 said:

kyfdx said:

achilles11 said:

kyfdx said:

achilles11 said:

achilles11 said:

Michaell said:

achilles11 said:

Michaell said:

achilles11 said:

Got the following offer in Nassau County, NY.

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: $34,000
15,000 miles per year
First month and DMV due at signing ($650ish?)
$381 per month total

Thoughts?


Thanks,

.00003 and 55%.

What is the net cap cost? I ask because the taxes and acquisition fee are being rolled into the lease, since you aren't paying them up front.

As is, your numbers give me a payment of $318/mo.

I don't have them off hand but I believe the acquisition fees are $600 and taxes would be 8.725%? Does that make more sense?

The offer sheet should have this information. In NY, lease tax is calculated against the sum of the payments.

Here's what the final offer looks like. Please let me know if you think it's a good deal. Need to wrap this up before April rates come out (any word on if they'll go higher, unchanged, lower?)

2016 Nissan Maxima Platinum
MSRP: 41,095
Selling Price: 36,478
Gross Cap Cost: 38,517 (1196.60 taxes, 247.50 dmv, 595 acquisition)
15,000 miles per year (36 months)
$650 due at signing
$385.42 per month


Thanks,

Adjusted cap cost on this is $36,823.59 by the way.


Thanks,

.00003 MF and 55% residual.

I get $397/mo. with that CAP cost.

Looks like a very good deal.

Yeh I thought so too. The only issue I had was that I see on these dealer websites in say Washington D.C. or another state over that they are willing to sell the car at $33,500 or so. Wondering how that works if I decided to go out of state to lease the car?

Purchase quotes may not be the same as a lease quote. There could be incentives that aren't applicable to a lease. I doubt there is any magic across state lines.

Ahhh makes sense...you think it's a good selling price and deal KY? Thanks to both of you for your help.

I would say that 17% off MSRP is a good price.

g6leaser

Michaell, any chance of finding a lease deal for under $400 in Central NJ (07920) for 2016 Maxima 3.5 SR Midnight Package (MSRP 39,410) 36 months / 12,000 miles? I found vehicle in Springfield, NJ..Avenel, NJ...and Flemington, NJ (added exterior ground lighting and interior accent lighting for MSRP of $39,900.

Would like to put $0 down or only 1st month.
I currently have 11 payments remaining on 2014 Chevrolet Malibu ($386/month) - payoff of $3849.

Is it possible to have a dealer buy out current lease and get me in a Maxima for close to what I'm paying now?
Would love to hear thoughts from all.

Thanks,
E

kyfdx

g6leaser said:

Michaell, any chance of finding a lease deal for under $400 in Central NJ (07920) for 2016 Maxima 3.5 SR Midnight Package (MSRP 39,410) 36 months / 12,000 miles? I found vehicle in Springfield, NJ..Avenel, NJ...and Flemington, NJ (added exterior ground lighting and interior accent lighting for MSRP of $39,900.

Would like to put $0 down or only 1st month.
I currently have 11 payments remaining on 2014 Chevrolet Malibu ($386/month) - payoff of $3849.

Is it possible to have a dealer buy out current lease and get me in a Maxima for close to what I'm paying now?
Would love to hear thoughts from all.

Thanks,
E

.00003 MF and 56% residual.

None of those scenarios seem likely.

g6leaser

kyfdx,looking at 480 range?

Michaell

g6leaser said:

kyfdx,looking at 480 range?

If a dealer were to roll in the $3800 of remaining payments to the new lease, the payment would increase about $105/mo, before tax.

Why are you wanting to exit your current lease early?

g6leaser

Thank you Michaell - best option probably to wait another 1/2 year to knock off payments although I am interested in the vehicle now.

Michaell

g6leaser said:

Thank you Michaell - best option probably to wait another 1/2 year to knock off payments although I am interested in the vehicle now.

I'm in the same boat. My lease ends in Oct / Nov and I'm chomping at the bit to get serious about my next car. But, the negative equity is holding me back.

g6leaser

I am rather put off by Edmunds Price Promise and TrueCar - so you take this "guaranteed price" to the dealer and want to work a lease using that sale price but it never works that way - they need a "guaranteed lease price" button as well. For example TrueCar is telling me that at certain dealers I can get over $6,000 off MSRP but then you take this to the dealer and they are like - no..sorry...etc.

I need to get the Adjusted Cap Cost to about $36,000 in order for me to lease the Maxima SR Midnight Edition (with my current 11 payments of a Malibu lease being bought out by the dealer) -- How do I get there with a dealer, am I dreaming???

Michaell

g6leaser said:

I am rather put off by Edmunds Price Promise and TrueCar - so you take this "guaranteed price" to the dealer and want to work a lease using that sale price but it never works that way - they need a "guaranteed lease price" button as well. For example TrueCar is telling me that at certain dealers I can get over $6,000 off MSRP but then you take this to the dealer and they are like - no..sorry...etc.

I need to get the Adjusted Cap Cost to about $36,000 in order for me to lease the Maxima SR Midnight Edition (with my current 11 payments of a Malibu lease being bought out by the dealer) -- How do I get there with a dealer, am I dreaming???

My guess is those tools are set up for those buying or financing, not leasing. Which, as you point out, doesn't help those of us who are wanting to lease.

To get the best cap cost, negotiate with multiple Nissan dealers concurrently; they will 'race to the bottom' to get your business.

marc1022

<
To get the best cap cost, negotiate with multiple Nissan dealers concurrently; they will 'race to the bottom' to get your business.

Do you suggest going about this via the internet?

Michaell

marc1022 said:

<
To get the best cap cost, negotiate with multiple Nissan dealers concurrently; they will 'race to the bottom' to get your business.

Do you suggest going about this via the internet?



Email as much as possible. Tell them you plan to buy / lease by 'x' date and are ready to security a deposit via CC when you get the price you want.

g6leaser

Do you not recommend calling the dealer and speaking to someone in the "internet sales department?" I email and all they want me to do is come down to the dealer to "take a look.," I'm not interested as I know what I am looking for and what price I want to pay - without me in the dealer they hardly ever talk price.

marc1022

g6leaser said:

Do you not recommend calling the dealer and speaking to someone in the "internet sales department?" I email and all they want me to do is come down to the dealer to "take a look.," I'm not interested as I know what I am looking for and what price I want to pay - without me in the dealer they hardly ever talk price.

That's what I want to avoid as well.

Michaell

g6leaser said:

Do you not recommend calling the dealer and speaking to someone in the "internet sales department?" I email and all they want me to do is come down to the dealer to "take a look.," I'm not interested as I know what I am looking for and what price I want to pay - without me in the dealer they hardly ever talk price.

If you have a price in mind, include it in the email and tell them you'll buy / lease at that price.

g6leaser

Called up a dealer for fun who had vehicle and basically told me there was no way he could sell the car for that price, guess I'm waiting 4 to 6 months to pay down more of the current lease. Worth a shot though.

Michaell

g6leaser said:

Called up a dealer for fun who had vehicle and basically told me there was no way he could sell the car for that price, guess I'm waiting 4 to 6 months to pay down more of the current lease. Worth a shot though.

Keep us posted!

marc1022

g6leaser said:

Called up a dealer for fun who had vehicle and basically told me there was no way he could sell the car for that price, guess I'm waiting 4 to 6 months to pay down more of the current lease. Worth a shot though.

g6leaser, what did they say about your remaining lease payments? Too many or what?

g6leaser

Said they could roll those in but the added cost to the adjusted cap would make my lease to high for what I want to pay. Currently speaking with another dealer for similar vehicle who says they will email quote - if the sale price is what they said on the phone on the offer email it will be a good deal even with my current payments rolled in. We'll keep you posted.

marc1022

g6leaser said:

Said they could roll those in but the added cost to the adjusted cap would make my lease to high for what I want to pay. Currently speaking with another dealer for similar vehicle who says they will email quote - if the sale price is what they said on the phone on the offer email it will be a good deal even with my current payments rolled in. We'll keep you posted.

Yes, definitely keep me posted. I have 4 payments ($1700) left on my current lease and I'm curious as to what kind of deal you get with 8 payments left.

g6leaser

I can tell you that I'm avoiding going down to the dealer and trying to get an email quote is like pulling teeth, unfortunately most of the internet salespeople I have contacted don't know what they are doing - is that industry wide?

Michaell

g6leaser said:

I can tell you that I'm avoiding going down to the dealer and trying to get an email quote is like pulling teeth, unfortunately most of the internet salespeople I have contacted don't know what they are doing - is that industry wide?

Yep .. many dealers are still stuck in the (early) 20th century.

"Come on down..." is as creative as they get.

Keep searching; it only takes one dealer to meet your numbers.

marc1022

g6leaser, I don't know if you're a member on the forum maxima.org, but they are posting that they are getting over $6k off of list prices on the Max. Some guy leased a $38k SL model for $360 including tax etc.

marc1022

Michaell said:

g6leaser said:

I can tell you that I'm avoiding going down to the dealer and trying to get an email quote is like pulling teeth, unfortunately most of the internet salespeople I have contacted don't know what they are doing - is that industry wide?

Yep .. many dealers are still stuck in the (early) 20th century.

"Come on down..." is as creative as they get.

Keep searching; it only takes one dealer to meet your numbers.

Yeah, they want to get you down there so the "big" man (manager) can wear you down and close you.

g6leaser

Thank you for the info Michael, I will join up maxima.org and see. Michael, yes I know - and I have been leasing for many years now - started with a Pontiac G6 a long time ago. I know the drill.

g6leaser

Michael or kd - can I have the current MF/Residulal on 2016 Maxima SL (36 months / 12k)?

I'm thinking this may be a better option for me over the SR or Platinum - MSRP $38485 about $3k less than Platinum. If I could negotiate sale price down to $35,000 (or around there)

Even with dealer eating my current lease payoff of 3,849.

Am I correct that there is $1650 Nissan Maxima lease cash?
Dealer also will honor $2500 competing dealer bonus lease payoff cash.
So $4,150 in cap cost reductions.

Very possible to get to $400/month range, correct? Or am I way off?

Michaell

g6leaser said:

Michael or kd - can I have the current MF/Residulal on 2016 Maxima SL (36 months / 12k)?

I'm thinking this may be a better option for me over the SR or Platinum - MSRP $38485 about $3k less than Platinum. If I could negotiate sale price down to $35,000 (or around there)

Even with dealer eating my current lease payoff of 3,849.

Am I correct that there is $1650 Nissan Maxima lease cash?
Dealer also will honor $2500 competing dealer bonus lease payoff cash.
So $4,150 in cap cost reductions.

Very possible to get to $400/month range, correct? Or am I way off?

All trim levels have the same numbers this month. 56% and .00003.

No information on incentives.

marc1022

What qualifies for $2500 competing lease payoff cash? Never heard of that. The $1650 is valid. Check under incentives.