Car man, You mention that the current 36 mo buy rate is .00016 is this for both 12k and 15K and what is the resid factor. Is the 24 mo lease a good deal right now?

Hi sagehen. Money factors are the same, regardless of what mileage allowance you go with. NMAC's residual value for a 36 month lease of an '08 Maxima SE with 15,000 miles per year is 50%. If you were to lease with only 12,000 miles per year, the residual would be 1% higher. The 24 month money factor for this model is the same. A two year lease would obviously be shorter than a 3 year lease, but its monthly payment would be higher.

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Looking to lease a 2008 Maxima. Not sure if I should get the SE and get it with leather and Bose stereo. or SL. Those are the 2 options that we really want. No money down, 36-39 months and 20-25,000 miles

Was quoted $450 for an SE with leather, bose and power moonroof. Is this a good deal? And how do I know what a good buyout price is and price per mile if I go over 20,000?

I am currently attempting to negoatiate a lease on a new Maxima. The specific model I am negotiating is a 2008 MAXIMA SL Auto with: VDC, Moonroof, Platinum Edition, Navigation, Floor Mats. MSRP: $35,965

Based on the Current 39-month/12,000 mile lease special, I am showing NMAC is offering a money factor of .0016 and a residual value of 50%.

My question is, what would an appropriate money factor and residual value % be on a 24-month/12,000 mile lease?

My guess is same money factor, but a residual near 70%?

is it common for a dealer to not give you the money factor or residual when you ask for it? They actually told me that they done give out that information until you sit down with the bank manager. This seems odd as every other dealer I went into had no problem disclosing it. Also tells me not to Deal with that dealer.

Nissan is currently offering a $269/month lease on a maxima with the equipment I want except for the leather interior. My question, will Nissan keep all the variables of the lease the same if I want to lease a maxima with leather. My calculations are that this would add about $1800 to the price and about $60-80/month.

The money factor and residual value shouldn't change, just the MSRP and the capitalized cost. BTW, what are the details of the lease, any $ down, did they tell you the money factor and the residual value?

The details of the lease are as follows: MSRP:$29,215 Net Capitalized Cost: $24,469 Residual:$14,607.50 Miles: 12,000 Payment: $259/month Down Payment: $2999

Does the net cap cost reflect the $2,999 down payment? Does the entire $2,999 go towards reducing the cap cost or are inception fees mixed in? It seems like a pretty high down payment for a lease. Is that your choice to lower the payment? Remember, Nissan is offering $2,500 rebate on this car that should be applied towards reducing the cap cost.

These lease details are coming from Nissan Motors website. Of the 2999 down, 2740 is for an actual down payment. Could the 2500 rebate being offered by Nissan also be used on the lease. I wouldn't think they would give you the lease deal and the rebate also.

Hi gator88. This car's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2008 Nissan Maxima SE with 15,000 miles per year are .00016 and 50%, respectively. Then negotiating your lease on this car, make sure to take advantage of the $775 cash incentive that Nissan is providing on leases of it through NMAC.

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Here you go, madams2. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2008 Nissan Maxima SL with 15,000 miles per year are .00235 and 53%, respectively. Nissan is providing a lot more lease support than this on the Maxima SE right now. When negotiating your lease on this car, make sure to take the $775 cash incentive that Nissan is providing on leases of this car through NMAC into account.

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Now that it is getting close for the 09's to be hitting the dealership lots, is anyone aware of good deals on the 08, or what the 08's are going for now. Looking for an SE with the Platinum Edition package as well as the Sensory package?

Between dealer wanting to charge over sticker and the money factors it is not a good time to lease an 09 Maxima.

2009 Nissan Maxima S – 7/8/08 24 Month – Residual 70% of MSRP – .00250 Base Rate 36 Month – Residual 59% of MSRP – .00250 Base Rate 48 Month – Residual 48% of MSRP – .00270 Base Rate 60 Month – Residual 41% of MSRP – .00270 Base Rate

2009 Nissan Maxima SV – 7/8/08 24 Month – Residual 66% of MSRP – .00250 Base Rate 36 Month – Residual 56% of MSRP – .00250 Base Rate 48 Month – Residual 45% of MSRP – .00270 Base Rate 60 Month – Residual 38% of MSRP – .00270 Base Rate

2005 G35 Sedan 2007 G35 Sedan 2008 G37 Sedan 2010 G37 Coupe 2012 G37 Sedan 2014 Q50 RWD 2015 QX60 RWD - Black Obsidian/Graphite - Premium Plus 2017 Q60 3.0t RWD - Majestic White/Graphite - Premium Plus, Driver's Assist, Leather, Illuminated Kick Plates

WOW those terms do not look attractive at all. thank you for the information kingpcgeek!! i'm not even going to test drive it after seeing those figures. i don't understand someone willing to pay over sticker for a maxima, that seems weird given all the competition in this price range.

I have an offer from the dealer on a 09 maxima sv invoice 32000.00 5 year lease 1500.00 down including first month pymnt, regist, tax and license 12000 miles per year

That means you will pay $26,700 in 5 years plus $1500 downpayment totaling $28,200. then you don't own the car. It doesn't sound like a deal at all. What about the $339 being advertised in the Olympics for 39 months?

## Comments

3You mention that the current 36 mo buy rate is .00016 is this for both 12k and 15K and what is the resid factor. Is the 24 mo lease a good deal right now?

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5Was quoted $450 for an SE with leather, bose and power moonroof. Is this a good deal? And how do I know what a good buyout price is and price per mile if I go over 20,000?

Thanks for any help.

1Based on the Current 39-month/12,000 mile lease special, I am showing NMAC is offering a money factor of .0016 and a residual value of 50%.

My question is, what would an appropriate money factor and residual value % be on a 24-month/12,000 mile lease?

My guess is same money factor, but a residual near 70%?

Thanks!

52Loaded 08' Nissan Maxima SE MSRP 36,300 except the chrome wheel packgage.

12k /39 months....... $365 a month( plus $35 a month 9% PA tax)= $400.00

$500 out of pocket.

I think because the 09' redesign is coming out there really trying to push the Maximas off the lots.

I've done pretty well with car deals but this one is hands down my best yet.

I was getting quotes for Civic Si's for $340 plus tax.

72385380basemoney factor and the residual. The dealer can mark up the money factor.203203MSRP:$29,215

Net Capitalized Cost: $24,469

Residual:$14,607.50

Miles: 12,000

Payment: $259/month

Down Payment: $2999

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2741,0412009 Nissan Maxima S – 7/8/08

24 Month – Residual 70% of MSRP – .00250 Base Rate

36 Month – Residual 59% of MSRP – .00250 Base Rate

48 Month – Residual 48% of MSRP – .00270 Base Rate

60 Month – Residual 41% of MSRP – .00270 Base Rate

2009 Nissan Maxima SV – 7/8/08

24 Month – Residual 66% of MSRP – .00250 Base Rate

36 Month – Residual 56% of MSRP – .00250 Base Rate

48 Month – Residual 45% of MSRP – .00270 Base Rate

60 Month – Residual 38% of MSRP – .00270 Base Rate

~~2005 G35 Sedan~~2007 G35 Sedan

2008 G37 Sedan

2010 G37 Coupe

2012 G37 Sedan

2014 Q50 RWD

2015 QX60 RWD - Black Obsidian/Graphite - Premium Plus

2017 Q60 3.0t RWD - Majestic White/Graphite - Premium Plus, Driver's Assist, Leather, Illuminated Kick Plates

7421invoice 32000.00

5 year lease

1500.00 down including first month pymnt, regist, tax and license

12000 miles per year

is this a good deal?

please let me know

thank you

5221it's 445.00 incl tax

2352What about the $339 being advertised in the Olympics for 39 months?

21