Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options
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
BUT .. with 3 months you should be good to go, im my experience. Make sure you tell them you are not interested in a "negative equity" deal. That is where they add what you owe on the m45 to the new lease. Preferably try to get Positive Equity out of them. Treat it like a trade. Log in to nissan/infinity finance or call them and find out the current buyout number for your m45. Then research how much your m45 is worth, but more importantly, find out what m45's same year as yours are selling for at the dealer. As long as they are selling for more than your buyout number, a clean trade in should be easy. If they are selling for considerably more than your buyout, you can even possibly get extra trade value out of it.
I don't recall if I told you about this before, but Nissan is currently providing a $1,000 cash incentive on leases of this truck in certain areas. Let me know what state you are in and I'll gladly tell you if this cash is available in your area.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I agree with your decision to hold out for a larger discount than $900 over invoice. If the dealer is charging an outrageous doc fee of $600, I definitely would not pay much over invoice for this truck.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
If I was in your situation, I personally would probably just wait until I was closer to the scheduled end of my current lease to get something new.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Of the vehicles that you mentioned, the Armada will probably lease the best. Nissan Motor Acceptance Corp.'s residual values for it are fairly strong. GMAC's residual values for GM's full-size SUVs are atrocious, making them fairly expensive to lease.
Have you considered financing your new vehicle? You can finance any of these trucks at 0% for five years.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
2010 Armada 4wd platinum 36 & 39 months 10K miles per year
2010 Armada 4wd Titanium 36 & 39 months 10K miles per year
Also does Nissan allow multiple security deposits like infiniti does.
Thanks ...
The numbers for an otherwise identical 39 month lease are .00065 and 48%.
NMAC's money factors for the Titanium 4WD are exactly the same, but its residual values are 2% higher.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
How much of an increase should I be expecting in my monthly payment if I want to go from 12k/yr to 18k/yr when leasing Nissan armada!?..
Thank you
The numbers for an otherwise identical 39 month lease are .00011 and 43%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
We have a 2008 Armada SE 4x2 that we leased for 3 years/15k miles a year in August 2008.
We originally thought that we would be just under the 45,000 miles at lease end, but our financial/familial circumstances required us to do several trips. We currently have about 42,000 miles on the car and, given my estmation, we will likely be 50,000 miles by the end of the lease. What would be the best thing to do in this situation?
I don't really need such a big car anymore and I am more than likely going to look into buying a used Sienna minivan.
I leased a BMW before and they would negotiate a lower penalty per mile charge for every mile driver provided you contact them at least 6 months prior to the end of the lease.
Honestly, the car is wonderful, I just don't need such a big car anymore.
Thanks
1) Does anyone have a reputable sales rep or dealer they have used?
2) Also does anyone have an idea what the payments would be for the SL or
Platinum model with 15k/yr and very little money down?
Any feedback would be appreciated.
thank you
Per the GM
"Here are the numbers on the Armada. I have done this with absolutely ZERO out of your pocket (no 1st pymnt., no tax, no tags, etc ).
2010 Armada Platinum 4x4
MSRP: $53,660
39 month lease
SALE: $47,993
12,000 miles per year
$0 due from customer
$723.90 tax included (pa tax is 9%)
OR
2011 Armada Platinum
MSRP: $54,060
39 month lease
SALE: $48,377
12,000 miles per year
$0 due from customer
$703.04 tax included
is this good? also she only really need 10K miles a year but i guess they only do 12K or 15K miles. thoughts if this a deal and run with it or can i said lets do it for 600 mo and i will be there Friday to pick it up.??? thanks anyone for advice.
Thanks,
Noah
AskNoah@icloud.com
Thanks,
Noah
AskNoah@icloud.com
The numbers for an otherwise identical lease of a 2010 model are .00011 and 46%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I have a msrp quote of 54, 060, sale price of 48, 377, zero due at sign, NOTHING DOWN, dont have to bring a check, no tax no 1st payment, no tags, 39 month lease in pa which has 9% tax, only paying 38 payments, for 703.04/mo with tax (includes pa 9%). i have tier 1 credit- no trade in and this is our first nissan. thanks. (these numbers quoted to me in mid october)
Thanks,
Noah
AskNoah@icloud.com
Sorry. I noticed I had 12K miles in and they will not do 12K miles as I am told.
Thanks,
Noah
AskNoah@icloud.com
The numbers for an otherwise identical lease of a 2010 model are .00011 and 44%.
Nissan is not currently providing any cash incentives on leases of either of these trucks.
The $5,600 dealer discount that you were quoted on this truck looks very attractive to me.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Just out of curiosity, given the current rates, what would be the numbers with a car that has the following:
2010 SE Armada, Cap cost $31,500, $1000 down, 36 mos/with 15k/year?
Thanks in advance and Happy Holidays!
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
This is what I was offered...
2011 Armada SV (4x2, bluetooth, bose, rear entertainment dvd, rear camera)
MSRP - approximately $45300 (i calculated this by taking $44K shown on the window of the car, added $1300 for the dvd player)
Downpayment - $2500 (Taxes included)
Monthly - $498.00 (i believe taxes are not included in this cost).
39month lease / 12K year
Sorry, I dont have any more numbers to provide. I passed on this offer, only because I was hoping for a lower monthly payment (around the $450 range, and I could not add more to the down payment) I know it wasn't much of a difference, but budget constraints got me here. Unfortunately, the dealer and I could not agree. In your opinion, did I pass up a good offer?
Also, I am now thinking about the SL (and based on Nissan's website, it has an MSRP of about $49500). Any idea what a sample lease payment would be based on a DP (taxes included) of $2500? How about zero DP?
Thanks and Happy New Year!
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
2011 Armada SV
MSRP - $45760, Sample Invoice Price $41860.
2011 Armada SL
MSRP of $49650, Sample Invoice Price $45096
Looking to get into a new Armada lease ... a few questions that could help me get started. (I'm buying in New Hampshire ... just outside of Boston so I could shop in Mass. too. Have not decided if we'll go Platinum or SL but inventory around here seems limited so that might be what decides for us. Either 12-15K miles. As little down as possible.)
- What are the typical discounts vs. MSRP or dealer invoice these days? I'd rather avoid as much haggling on price as possible
- Money factor and residuals are not really a negotiation point, right?
- Anything else I need to consider?
BTW, do we know if Nissan is going to change the body style of the Armada in '12? I have to admit that new QX56 is pretty nice!
Thanks again...
According to my calculations, if you were to lease a 2011 Nissan Armada SV 4WD that has an MSRP of $45,760 and a selling price of $42,360 through NMAC right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $604.
The numbers for an otherwise identical lease of a 2011 Armada SL 4WD that has an MSRP of $49,650 and a selling price of $45,596 are $605.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
BTW East coasters, the prices you're talking about are $5k higher than in the MN. Last I checked, you can ship a vehicle for around $800...you do the math.
Could you please give me the numbers for the following:
2011 Armada 4X4 Platinum 36 & 39 months with 10K miles per year
and the numbers for an SE as well...
Thanks
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Would you be able to tell me the money factor and residual value for 36 or 39 month lease 15k for May on a 2011 Armada Platinum? I have two months on my existing lease, any advice? Also I should qualify for the top credit tier. What is your position on paying first month, tabs, tax etc up front versus rolled in?
Thank you for your help.
Bill
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical 39 month lease are .00048 and 48%.
There's really nothing that you can do to make the final two payments on your current lease disappear. You're either going to have to wait another month or two to get something new, eat those payments and turn your vehicle in early, or just let it sit in your driveway.
I generally try to pay as little as possible at lease signing when I lease.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Thanks for your response!
What do you think of this?
2011 Nissan Armada Platinum MSRP $55,690
2. The Cap Cost is $49,167
3. The Money Factor is .00048 residual 48%
39 Months x 15,000 Per Year with First Payment + License ($1,396.71) Down = $685.71 Per Month
5. Fees include a $595 Aquisition Fee and $133 Electronic Filing & Documentation Fee
Do you think I get the cap cost further down?
Also they will pay for the 2 months lease payments left.
The dealer said there is $3500 rebate available but only for financing and cannot apply to lease, is that true?
He also claims I should buy soon as there is a lease "special" running, can you confirm that? and what exactly is the "special" they are running.
Thanks for your Help,
Bill
What you were told is correct, the $3,500 cash incentive is not compatible with the special lease program.
The lease that you were quoted is considered to be a special program.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
what are the lease terms for a 2011/12 Armada platinum with 12k/yr for 39 months. The MF and RV for both the 2011 and 2012 will help a lot!
Also any lease incentives available?
The numbers for an otherwise identical lease of a 2012 model are .00163 and 51%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Sorry if this a bit redundant, just having trouble piecing together all the emails. Here is what I am hoping you can assist with.
I am looking to lease a 2011 (or 2012 if it is the better deal) SL or Platinum 4WD for 36 or 39 months with less than 12,000 miles per year.
I live in IL, sales tax is 9.25%.
I have a trade-in vehicle worth just over $5,000.
Here are the price points I currently have:
SL MSRP (w/ DVD Family Entertainment): $49,115
SL sale price (cap cost): $38,837
Platinum MSRP (w/ Captain Seats): $55,215
Platinum sale price (cap cost): $45,528
Would you be so kind to assist me in calculating what the monthly payment would be using this information?
I have tried using the lease calculator but having difficult getting it to work correctly, not sure what I am doing wrong.
Will be forever grateful!
Thanks,
Phish75
Sorry if this a bit redundant, just having trouble piecing together all the emails. Here is what I am hoping you can assist with.
I am looking to lease a 2011 (or 2012 if it is the better deal) SL or Platinum 4WD for 36 or 39 months with less than 12,000 miles per year.
I live in IL, sales tax is 9.25%.
I have a trade-in vehicle worth just over $5,000.
Here are the price points I currently have:
SL MSRP (w/ DVD Family Entertainment): $49,115
SL sale price (cap cost): $38,837
Platinum MSRP (w/ Captain Seats): $55,215
Platinum sale price (cap cost): $45,528
Would you be so kind to assist me in calculating what the monthly payment would be using this information?
I have tried using the lease calculator but having difficult getting it to work correctly, not sure what I am doing wrong.
Will be forever grateful!
Thanks,
Phish75
According to my calculations, If you were to lease a 2012 Armada SL 4WD that has an MSRP of $49,115 and a selling price of $38,837 through Nissan Motor Acceptance Corp. right now for 36-months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $440.
The payment for an otherwise identical lease of a '12 Platinum 4WD (MSRP $55,215 / sale price (cap cost): $45,528) would be $562.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
What residual number and % are you using?
Here are the correct numbers:
2011 Armada SL
MSRP: $50,115
Sale price: $45,092
2011 Armada Platinum:
MSRP: $54,765
Sale price: $49,428
Tax is 9.25%. Can you believe that? Only in IL!
Also - what does a trade-in worth about $6,000 do? I understand this will cover the tax, but is the remaining amount applied to the balance due, therefore reducing monthly payments?
Would I be better off purchasing on a 60 month no interest incentive, plus the $4,000 cash back?!
THANK YOU SO MUCH AGAIN!
Using these numbers and the new prices that you provided, I come up with zero down, pre-tax monthly payments of $615 for the SL and $691 for the Platinum.
There's nothing wrong with trading in your current vehicle, but you really shouldn't apply the proceeds from your lease towards a down payment. Consumers who make large down payments on leased vehicles risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered.
You probably would be better off financing for 5 years at 0.9% or using a standard rate and the $4,000.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
39 months with 18k miles a year
Only first payment due at signing (no tax, title or other monies due upfront)
$696/month
No bs back and forth stuff, everything figured out via email first. Walked in and out within 2 hours.
Best way to get the greatest price is email every single dealer in a 100 mile radius who has the vehicle you are looking for and let the price match/beat wars begin. In my case this was 20 dealerships. The amounts I received from dealers ranged by $150/month. I'm happy with my purchase and the dealer I decided to go with had an outstanding reputation.
Need our help on this possible deal.
In south florida, I want to give in my 2010 Nissan Armada Titanium which I am in 27 months of 39 month lease. I am allowable 15,000 miles per year but I am already at 40,000 miles. I want to trade the 2010 Armada for 2012 Nissan Armada 2WD SL with higher mileage (increase from 15,000 to 20,000 miles per year).
2012 Nissan Armada 2WD SL comes DVD package, moonroof, splash guards, floor mats/cargo mat & destination fee
Vehicle invoice cost $42,820.27 MSRP $47,910
Markup (to pay-off 2010 Armada) $1,654.53
Acquisition fee............................... $595
Fees & Insurance............................$599.95
Minus Leasing cash bonus ..............$100
Adjusted Cap Rate....................$45,569.75
Residual rate 44%
money Factor 0.00005
Mileage Allowance 15,000 miles/year thus additional 5,000 miles/year>total cost $1,650 ($0.10/mile additional for excess mileage)
Monthly $713.22 (6% tax rate). That's too high
Questions:
1.How does Nissan manage trade-ins of the same vehicle with high mileage? They want to charge approx. $1,654.53 for that buy-out of the 2010 Armada into a new Armada
2. I want to remove the acquisition fee ($595) & fees & insurance ($599.95) because they will charge me $599.95 for doc fees already. Is that reasonable?
3.Their is $1,000 marketing support dealer cash. Can I take advantage of this to decrease the Adjusted Cap Rate?
No money down, I am trying to negotiate down to approx. $610/month. Is that reasonable?
Looking forward to hear from you.
Thank you
NMAC charges a $595 acquisition fee on every vehicle that it leases. Why are you being charged by the dealer for insurance? Don't you handle that on your own? Also, the $600 doc fee does indeed look steep. As I just mentioned, try to negotiate a lower selling price.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Can you provide the 24 month with 15k mi/yr lease numbers (mf & resid) on 2012 & 2013 4x4 Platinum Armada. Can you also list manufacturer and dealer incentives.
Thanks