TommyBoiSxty9

I am going to lease the max...
what should I watch out for... what things might a dealer try to charge me that I should say NO.
I plan on (85% sure) that I will buy it at the end of the lease... do I negotiate the total car cost? new to all this... thanks for any tips
~TommyBoi

JMax2K

You need to go to http://www.edmunds.com and look at all they tell you about leasing. If not, you can really get screwed if you dont know what youre doing. Im leasing mine. 2K SE, Comfort & Convenience, Bose, Leather, Auto. I only pay $375/mo

tb420

i leased my trooper for three years. the buy back at the end was supposed to be for $19,800 and it obviously wasn't going to be worth that much. so i kept the miles low (which sucked because it was like it wasn't my car) so that i could walk away without mileage penalty if they would not negotiate. frustrating for 3 years - i'd never do it again.
but...
when i called to see about negotiating the price they were like 'ok what do you want to pay?' and i told them it was worth about 16,500 (hoping to maybe settle on 17,000.)
the girl on the other end then said she'd see what they were auctioning for and came back and offered me it for $15,400! cha-ching, SOLD! (am i a great deal maker er wha?)

anyway the moral of the story is that you can get alot off of the residual value, so it may be cheaper in the long run to lease if you don't mind knowing that it aint your car. cause it seems like they (GE Cap leasing in my case) really don't want the car and will dump it for cheap rather than dealing with administration of a lease return and resale.

it all depends on how well the max holds its value...

PIONEER

iTrader: (1)

You need to go to http://www.edmunds.com and look at all they tell you about leasing. If not, you can really get screwed if you dont know what youre doing. Im leasing mine. 2K SE, Comfort & Convenience, Bose, Leather, Auto. I only pay $375/mo [/I][/QUOTE]

U leased yours for $375 I baught mine for $379.. No leather No Bose...but still not too much discount.. those 2 things would add about $20 to the mountly payment..

JMax2K

What was your purchase price and financing term?

PIONEER

iTrader: (1)

What was your purchase price and financing term? [/I][/QUOTE]
23,700 5 years

JMax2K

23,700 5 years
[/I][/QUOTE]

No money down, no trade equity??

PIONEER

iTrader: (1)

No money down, no trade equity?? [/I][/QUOTE]

Noope.. No down, NO Tradein.. 23,700 +Tax+Tag+Title

JMax2K

Noope.. No down, NO Tradein.. 23,700 +Tax+Tag+Title [/I][/QUOTE]

Hmm... not sure how you did it.
$23,700 financed for 60 months even at 0% APR still comes to $395/mo.

PIONEER

iTrader: (1)

Hmm... not sure how you did it.
$23,700 financed for 60 months even at 0% APR still comes to $395/mo. [/I][/QUOTE]

I didn't do it, the bank did APR us %3 I think.. through IBM's Credit Union

JMax2K

I didn't do it, the bank did APR us %3 I think.. through IBM's Credit Union [/I][/QUOTE]

Hmm, well the figures dont add up, but anyway you got a good payment. I couldnt get financing for less than 7%APR which comes out to a payment in the high four hundreds. Anyway, I get a new car every 2 years anyway so leasing works out best for me. This one will be up just in time for the 2003 Max

radpp16

why did you remind of the 2003 Maxima.
my parents put 4000 down and its 320 down. theres like 3 percent interest for 2k black GLE

I want to buy the car cause im gonna do so many nice looking things to it. nothing hardcore like exhaust but i just put my woodtrim in and changed lights. ahhh and some other people gonna getmy stufff in 3 years


Roger
but yeah i already want a 2003

mingo

iTrader: (4)

since it's lease. get it at the end if u wanna buy it.. or else u just bought the thing for the dealer.

JMax2K

Im only doing things to mine that I can undo, and then when I get my new one, I can just sell my other stuff. Or leave it. I sometimes sell my leased cars outright.