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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Any help much appreciated.
You can plug this information, along with this van's MSRP and its selling price into the formula that is outlined in the following article to calculate a payment: Calculate Your Own Lease Payment.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
MSRP: $30,750 Selling price: $28,200 Residual Value: $17,407 Money Factor: 0.00029 ZERO money down, (includes $1,356 current lease with VW balance), $830 destination fee, $350 DMV, up front taxes $1687 + $369 first month payment.
I prefer to NOT pay the taxes up front, so this will be in my counter. Any suggestions on how I should handle and do you think I have room to negotiate selling price any further? Any advise is appreciated! Thanks!
Would you happen to have the 36 & 39 month rates for a 2012 Quest SL w/15k miles per year?
Thanks!
Quest LE quotes: MSRP - $44,130; Net Cap Cost - $39,800; Residual - $22,506 (51%); Money Factor - 0.00195; Term - 36 months. Monthly payment is $567.01 + tax; Down payment $3,000.
Quest SL quotes: MSRP - $35,720; Net Cap Cost - $32,048; Residual - $19,646 (55%); Money Factor - 0.00185; Term - 39 months. Monthly payment is $283.26 + tax; Down payment $3K.
Sienna LE with Leather Seats and Navigation: MSRP - $33,785; Net Cap Cost - $31,895; Residual - $16,632 (49%); Money Factor - 0.0004; Term - 36 months. Monthly payment is $404 + tax; Down payment $3K.
In truth, the Sienna LE was a 2012 model which has an awesome 0.0004 money factor. The only thing the Nissan dealer can do to match such a low monthly payment is to extend the terms from 36 months to 39 months, which really isn't apple to apple anymore. However, as you can see, the Sienna's discount (MSRP-Cap Cost = $1,890) on the vehicle wasn't as deep as the Quest SL (MSRP-Cap Cost = $3,672). To me, the Quest SL is a much better vehicle than the Sienna LE. So the deeper discount on the Quest SL out weighs the lower money factor on the Sienna LE in my opinion. Plus, as you can see, Sienna's residual value is not as high as the Quest. Therefore, it offset some of the benefit of the lower money factor.
I really like the Quest SL, because I have the power lift gate which the Sienna LE lacks. The leather upholstery and the interior design is so much better than the Sienna. I know the Quest SL doesn't have the navigation, but nowadays with the free nav on our smart phone, I really don't think it is reasonable to pay almost $8k more on the Quest LE over the SL just because of the nav. All the other nice features like the seat memory, blind spot monitoring..etc are nice, but I can live without. So at the end, the SL is a very sensible choice in my opinion, saving about $200/month in monthly payment comparing to the Quest LE.
Just wanted to add a data point for a Quest SL that I leased yesterday.
15k miles/year 39 month lease
54% Residual
.00145 mf
MSRP: 35655.00
Net Cap Cost: 30945.00 (Includes Acquisition Fee/Dealer Fees/Tag/etc.)
Total due at signing $410 ($394 monthly payment + $16 down..don't ask me why)
Monthly Payment: $394 inc/tax
Most leases are pegged to 15,000 miles per year, because that is the average people drive per year. THIS IS THE STANDARD! The reason you see ads for 12,000 or 10,000 miles if because there is a bump in the residual value and they can advertise a lower payment. You can get up to 25,000 miles per year in most leases.
If you are a high mile driver and change cars every 3 years, leasing is perfect. Instead of being upside down, you get a payment similar to the buy option (leases are normally lower because you are only paying for a portion of the vehicle) without being told you're upside down $5,000 because you have a 3 year old car with 75,000 miles.
The only people who buy those cars are people looking for a killer deal.
What is the lease money factor and residual value for a 36-month lease of a 2013 Quest SV both with and without the leather package for a 15K mile per year lease in Florida.
Also there may be a few 2012s out there - any difference in numbers on 2012s?
The numbers for an otherwise identical lease of a 2013 model are .00155 and 52%.
There is a $1,450 cash incentive on leases of the 2012 model and $1,425 on the 2013 model.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
What are the numbers on the 2012 SL? On the incentives page, I noticed the 2012 SL has $1750 in dealer cash and that both the SV and SL have a $500 bonus offer.
There is also a $3000 customer offer though I'm assuming this only applies to purchases. On the SL can you confirm that the $500 and $1750 would apply to leases and whether or not the $3000 would apply to leases or only for purchases?
MSRP 45375
Invoice 40771
Rebates 1950
Negotiated price 40271 ( 500 below invoice)
MF .00093
Residual 49%
Payment 0 down $612
Total 35 Payments
You're right, the $3,000 consumer cash is not available on leases, but there is a $1,450 cash incentive that is. I can confirm the $500 bonus cash and the $1,750 dealer cash. The bonus cash is definitely available on leases and I think that the dealer cash is as well.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Ive found a local dealer selling a 'new' leftover Quest SL for $24600. I haven't yet spoken to the dealer, but I was considering trying to lease the vehicle.
Can someone tell me what I can expect to pay for a 36month lease with 15,000mi/yr for that vehicle? And if I put $2k down on it?
Thanks in advance for any help
anyone know what the rates are on the nissan quest, the version with leather, bluetooth, navigation, heated seats? Looking for 25k annual miles (or the highest allowed on a lease for 36 months)
whats the residual for a car like that and money factor. Thanks everyone
MF is .00008 for all three.
If you drive 25,000 miles a year, a lease may not be the right way to go.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Wondering lease numbers for Nissan Quest
SV or SL trim package
36 month
12k miles per year
Thanks in advance.
SV - 55%
SL - 53%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
SV or SL trim package
36 month
12k miles per year
Thanks
Subtract 2% for SL
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
No 2016 Quest lease numbers, either.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4