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Auto Lease: 2012 Maxima for $279/mo w/ $600 down, plus get $2k Visa Card

thelnel52 2,295 2,553 February 13, 2012 at 03:42 PM in Autos (2) More Edmunds.com Deals
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Last Edited by thelnel52 February 15, 2012 at 02:27 PM
Nissan (through Edmunds) is offering a $2,000 Visa card back for the purchase or lease of a 2011 or 2012 Maxima. That offer isn't tied to any particular dealer (see attached terms), so you can go through LegendLeasing [legendleasing.com] and get a stronger offer than through Nissan's website. By following these steps, you can get the 2012 Maxima S for $279/mo. plus $595 + DMV fees down (acquisition fee), with the $2,000 visa gift card coming back via mail. Plus, if you mention "Slickdeals" while leasing any car from Legend Leasing (including this Maxima), you will get a bonus $50 gas card upon delivery. The lease is a 39 month lease with 12,000 miles per year.

Steps:
1. Go to Edmunds.com and look for the "$2,000 Visa Cash Card on Nissan Maxima" offer. It seems to appear on the Saab 9-5 review page (http://www.edmunds.com/saab/9-5/2...?sub=sedan). (see image) If it doesn't show up, try clearing your cookies and clicking again. THIS IS AN IMPORTANT STEP BECAUSE IT'S A "STACKABLE" COUPON. THE DEALER DOESN'T HAVE A THING TO DO WITH THIS VISA CARD
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2. Click on the special offer and enter your name and email address.
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3. Either call (888.553.2730) or go to http://www.legendleasing.com/2012_Maxima_S and inquire about the Maxima. The least expensive mode (S)l is $279/mo. with a $595 fee (called bank fee, same as the $595 "acquisition fee" that you see on Nissan's website). They also have the SV w/ Cold and Monitor Packages for $299/mo, Sport Tech for $339/mo., and Premium Tech for $349/mo. All are 39-month leases.
4. Mention "Slickdeals", they'll deliver the car with a free $50 gas card.


The terms of the lease on the S model follow:
MSRP: $33,035
Selling Price: $29,623
Residual: 58%
Money Factor: .00104 (equivalent to a 2.5% interest rate)
Disposition Fee: $395
Purchase Option: $19,460*
* this includes the $19,160 residual plus a $300 purchase option fee.

The terms for the gift card are here:
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Compare to Nissan's offer on the 2011 Maxima:
http://local.nissanusa.com/new-yo...axima.html
($3,000 down, $279/mo.)
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Last Edited by digital330 February 18, 2012 at 06:17 AM
Direct Link to Maxima offer doesn't work. Sorry. You can get it by surfing Edmunds site.

Try using your smartphone, view as "full site", not mobile, and browse a similar car (BMW 3 series), this worked for my Android phone.


Visa Cash Card is subject to income tax. Consumer is responsible for all applicable taxes.

So this is more like $1500 after taxes (less if you have state income tax).

371 Comments

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#3
cant seem to get the 2k visa card to pop up
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#4
just leased 3! 6k here i come!!!!
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#5
Which website were you "poking" around on when this banner came up? Edmunds.com or LegendLeasing.com?
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#6
Is that 12k miles per year or for the 3 years? That seems pretty limiting if you can only drive 4 thousand miles per year. Otherwise seems like a pretty good deal. The $2k back brings the monthly costs down to $230 per month.
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#7
But what is slick about a Fleece?
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#8
“Fleecing” is absolutely the most expensive way to operate a vehicle. What you’re talking about is rationalizing the fact that you want a vehicle you can’t afford. It’s a bad idea.

Dr. Tom Stanley interviewed tons of millionaires while he was writing his book, Stop Acting Rich. In the process, he found out that 80 percent of them had never leased a vehicle. What does that tell you? It tells me if you want to be rich, you need to do what rich people do—and they don’t lease their vehicles! Plus, I really don’t care if it’s 100 percent deductible. Guess what? I get deductions on the vehicles owned by my company. It’s called straight-line depreciation.

Never lease a vehicle for business purposes. If you don’t have the cash to pay for it outright, then you can’t afford the thing!

—Dave Ramsey
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#9
Quote from parki View Post :
Is that 12k miles per year or for the 3 years? That seems pretty limiting if you can only drive 4 thousand miles per year. Otherwise seems like a pretty good deal. The $2k back brings the monthly costs down to $230 per month.

Congratulations on the dumbest comment in SlickDeals history!!!
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#10
Quote from simian340 View Post :
Which website were you "poking" around on when this banner came up? Edmunds.com or LegendLeasing.com?
Edmunds, sorry that wasn't clear. And now all I get is the Camry offer ($500 back)
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#11
Quote from fishbonehead View Post :
Congratulations on the dumbest comment in SlickDeals history!!!
Hyperbolic to say in SD history, but it's up there for sure.
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#12
Quote from jonathan75 View Post :
"Fleecing" is absolutely the most expensive way to operate a vehicle. What you're talking about is rationalizing the fact that you want a vehicle you can't afford. It's a bad idea.

Dr. Tom Stanley interviewed tons of millionaires while he was writing his book, Stop Acting Rich. In the process, he found out that 80 percent of them had never leased a vehicle. What does that tell you? It tells me if you want to be rich, you need to do what rich people do--and they don't lease their vehicles! Plus, I really don't care if it's 100 percent deductible. Guess what? I get deductions on the vehicles owned by my company. It's called straight-line depreciation.

Never lease a vehicle for business purposes. If you don't have the cash to pay for it outright, then you can't afford the thing!

--Dave Ramsey

I don't really want to start a "lease vs. buy" debate, but the act of taking responsibility for a new car puts a person in worse financial shape (lease or buy). Best case, it's going to depreciate 40% over the first 3 years.

Having said that, if you're paying very low interest (or have a very low money factor), even the richest person is better off leasing or financing than paying cash for a car, all else being equal.
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#13
wheels to lease this site has it 30 bucks less
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#14
I see Leasing Bonus cash - $1,000.
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#15
The idiots who believe this are the same people who think its stupid to finance a mortgage when you could pay cash. So many more things come into a play with a car purchase/lease option.

Personally I would NEVER lease a vehicle,just because I drive each of my cars for 7+ years when I buy it used in the first place. I have met numerous people who because of their driving habits and personal preferences the lease works perfect for!

Quote from jonathan75 View Post :
"Fleecing" is absolutely the most expensive way to operate a vehicle. What you're talking about is rationalizing the fact that you want a vehicle you can't afford. It's a bad idea.y
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