Re-Lease option at end of lease
#4
I will report back here what I learn from Nissan Financial on this.
#5
Why would you re-lease a car that no longer has a Manufacture's warrantee? And if you wanted to keep the car 6 years, why didn't you just buy it in the first place? Could have gotten better incentive, and had a tradin value of say 30-40% of original value of the car instead of zero equity from the lease.
#6
My lease ends 30 Oct, 2018. I'd like to go month to month till the 19s are on the lot but may end up turning the car in if Nissan doesn't want to play ball on the extension. There will be enough change to warrant waiting for the 19s. We did an extension with Acura years ago till I found the car I wanted.
I will report back here what I learn from Nissan Financial on this.
I will report back here what I learn from Nissan Financial on this.
Why would you re-lease a car that no longer has a Manufacture's warrantee? And if you wanted to keep the car 6 years, why didn't you just buy it in the first place? Could have gotten better incentive, and had a tradin value of say 30-40% of original value of the car instead of zero equity from the lease.
#7
Hi Rick
I have in the past extended my lease month by month.
Just call NMAC -
My lease is done Sept 1 -
I have been reading that Nissan is changing stratigies and have cut many lease incentives.
Nissan reported very poor sales,down some 25 % for April. yet there is almost no incentives. Ill be monitoring month by month.
I have in the past extended my lease month by month.
Just call NMAC -
My lease is done Sept 1 -
I have been reading that Nissan is changing stratigies and have cut many lease incentives.
Nissan reported very poor sales,down some 25 % for April. yet there is almost no incentives. Ill be monitoring month by month.
#8
Hi Rick
I have in the past extended my lease month by month.
Just call NMAC -
My lease is done Sept 1 -
I have been reading that Nissan is changing stratigies and have cut many lease incentives.
Nissan reported very poor sales,down some 25 % for April. yet there is almost no incentives. Ill be monitoring month by month.
I have in the past extended my lease month by month.
Just call NMAC -
My lease is done Sept 1 -
I have been reading that Nissan is changing stratigies and have cut many lease incentives.
Nissan reported very poor sales,down some 25 % for April. yet there is almost no incentives. Ill be monitoring month by month.
Keep me posted on what you do. I too would go month to month in anticipation of the 19s. That said, if the deals are not there, I would probably move on to another brand. Too many choices on the slow moving sedan segment not to get a good price on something like say the Genesis G70
Mt current lease allows for 45 k miles so I will be out of warranty soon. I also will have to replace the tires so I may do that now to get some use out of the new skins.
#9
Wow I just called and said the only way I can extend my lease is medical exemption or if I place an order for new car. Ridiculous. I'm getting a new car (just not nissan) but it's not ready for another several months.
What other strategy could I use? Say I'm waiting for the release of the '19s? When are they due?
What other strategy could I use? Say I'm waiting for the release of the '19s? When are they due?
#10
Wow I just called and said the only way I can extend my lease is medical exemption or if I place an order for new car. Ridiculous. I'm getting a new car (just not nissan) but it's not ready for another several months.
What other strategy could I use? Say I'm waiting for the release of the '19s? When are they due?
What other strategy could I use? Say I'm waiting for the release of the '19s? When are they due?
#13
#21
Dude, if you're serious about the G70, it's 2019 release is imminent...anytime in the next couple months, summer of 2018. By January you should see a bunch of them on the lots. If you can get by with a 16 gallon gas tank, and a small back seat, that 3.3 is a serious contender. Already been tested against the 3.3 stinger and beat it 3 times by a couple car length to the 1/4 mile I think it was, it's just slightsly shorter and much lighter then the stinger too. Just youtube Stinger vs G70.
#22
Dude, if you're serious about the G70, it's 2019 release is imminent...anytime in the next couple months, summer of 2018. By January you should see a bunch of them on the lots. If you can get by with a 16 gallon gas tank, and a small back seat, that 3.3 is a serious contender. Already been tested against the 3.3 stinger and beat it 3 times by a couple car length to the 1/4 mile I think it was, it's just slightsly shorter and much lighter then the stinger too. Just youtube Stinger vs G70.
Thanks to Randy for making the phone call on a lease extension. Nissan would be wise to get the 2019 out ASAP this late summer or early fall.
#24
I'm sure most Maximas come back with wheel rash. 55 bucks is far cheaper that replacement. The " wheel/ meets tire design" caused me to replace 2 wheels in 3 years of ownership.
#25
On my BMW 5-series, I paid a third party (mobile service) $125 for one rim (wheel), and $145 for another to repair them.
Looked great, after they fixed the "melted metal" effect.
(and I followed their directions - didn't drive car for 3-4 days since I was out of town)
Last edited by lindros2; 02-24-2019 at 08:33 AM.
#26
As an aside, I know folks who didn't re-lease, and got hit with fines/tabs of $500 per wheel (from Nissan).
On my BMW 5-series, I paid a third party (mobile service) $125 for one rim (wheel), and $145 for another to repair them.
Looked great, after they fixed the "melted metal" effect.
(and I followed their directions - didn't drive car for 3-4 days since I was out of town)
On my BMW 5-series, I paid a third party (mobile service) $125 for one rim (wheel), and $145 for another to repair them.
Looked great, after they fixed the "melted metal" effect.
(and I followed their directions - didn't drive car for 3-4 days since I was out of town)
#27
I'm probably going to re-lease with Nissan or buy the car but $500 per wheel is crazy. I did scratch one rim (hit the curb pretty good) so it would cost me $500 + 395 disposition fee if I left Nissan. I've done leases before but have never had to do the inspection. I always just brought the car to the dealer and they took care of it. Never been charged for any damage either.
#28
I'm probably going to re-lease with Nissan or buy the car but $500 per wheel is crazy. I did scratch one rim (hit the curb pretty good) so it would cost me $500 + 395 disposition fee if I left Nissan. I've done leases before but have never had to do the inspection. I always just brought the car to the dealer and they took care of it. Never been charged for any damage either.
Funniest thing - we had rear quarter panel repaired, and the dude missed a drip of paint (poor finish).
But in reality, it's a big grey company (NMAC), not little guy Joe, so the loss is just written down/folded in to their business.
#29
If you are going to lease....lease GM. Take a look at their normal wear and tear. They have tightened up a bit since I lease the GTO....but still very forgiving
https://mylease.gmfinancial.com/cont...Lease-0716.pdf
https://mylease.gmfinancial.com/cont...Lease-0716.pdf
#30
If you are going to lease....lease GM. Take a look at their normal wear and tear. They have tightened up a bit since I lease the GTO....but still very forgiving
https://mylease.gmfinancial.com/cont...Lease-0716.pdf
https://mylease.gmfinancial.com/cont...Lease-0716.pdf
So even though (to BUY) they take $15k off an Escalade - or $10-12k off a Buick Enclave/GMC Acadia Denali - the leases were sky high.
#31
I have only had one lease experience with GM. The 2004 GTO. I put ZERO down, 2 year lease, $123.00 a month. Biggest expense was tires..I put 4 sets of rear tires on the car in 17000 miles. The car was side swiped on the rear quarter by a drunken Ho who hit and ran while I was in Bed sleeping....Woke me up...Tracked her down and made her pay. Car was repaired by Mel Gratta Chevrolet very poorly. They repainted it 3 x and it never matched...I told them, the car will be turned in here...this is your garbage work.. and I do not want to hear a word about the mismatch color. It was so bad, My son was 4...he went with me to pick up the car....He said- "Daddy, it is a different color than the front" Any way....turned the car in and I got a check in the mail for 200 and some odd dollars for a security deposit I never put down (All incentive money). So all in all.....It was a fantastically fun, cheap experience. Oh, the sticker on the car was just under 35K.
#32
I have only had one lease experience with GM. The 2004 GTO. I put ZERO down, 2 year lease, $123.00 a month. Biggest expense was tires..I put 4 sets of rear tires on the car in 17000 miles. The car was side swiped on the rear quarter by a drunken Ho who hit and ran while I was in Bed sleeping....Woke me up...Tracked her down and made her pay. Car was repaired by Mel Gratta Chevrolet very poorly. They repainted it 3 x and it never matched...I told them, the car will be turned in here...this is your garbage work.. and I do not want to hear a word about the mismatch color. It was so bad, My son was 4...he went with me to pick up the car....He said- "Daddy, it is a different color than the front" Any way....turned the car in and I got a check in the mail for 200 and some odd dollars for a security deposit I never put down (All incentive money). So all in all.....It was a fantastically fun, cheap experience. Oh, the sticker on the car was just under 35K.
ww, Glad you enjoyed the GM lease back then because it ain't that way today!
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