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Car Buying Advice - 2800 in taxes and fee for 2017 Maxima??

shahab87shahab87 Posts: 6
edited July 2017 in Nissan
Hello, I have never leased a car before but i just got back from the dealer and they gave me the following for the nissan maxima. The car is listed for 34900 but the dealer has it down for 30500.

They want 2000 down and the payment will be 200 a month. But he is telling me the total down payment will 4500-4800 with taxes and fees and the (2000 down pymt listed above?? My tax tate is 8.75 and i feel that 2800 in taxes and fees is extremely excessive . These numbers are for 3 years/36 mile lease...

 Can someone please explain if the down payment of 4800 is correct? Or if this is a great deal?? Thanks!!
I live In new York

Answers

  • kyfdxkyfdx Posts: 119,894
    shahab87 said:

    Hello,

    I have never leased a car before but i just got back from the dealer and they gave me the following for the nissan maxima. The car is listed for 34900 but the dealer has it down for 30500.

    They want 2000 down and the payment will be 200 a month. But he is telling me the total down payment will 4500-4800 with taxes and fees and the (2000 down pymt listed above?? My tax tate is 8.75 and i feel that 2800 in taxes and fees is extremely excessive . These numbers are for 3 years/36 mile lease...


     Can someone please explain if the down payment of 4800 is correct? Or if this is a great deal?? Thanks!!
    I live In new York

    Every Nissan lease has an acquisition fee of $595.
    NY title/license fees should be about $200-$300
    NY dealers usually charge a $75 doc fee (maximum permitted)
    Tax should be around $1000 (but, I'm guessing without the actual numbers)
    That's around $2000 total.. not quite the $2500-$2800 they are estimating

    The only thing you need to pay upfront is the first payment and DMV/doc fees. Roll everything else in.
    That will give you a good sense of the actual monthly cost of the vehicle. (of course, the payment will be in the $300s)

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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