$49,050 selling price (8.35% discount)
18 month / 10k miles
.00337 (buy rate) .00299 with one pay
$11,430 one pay. $635 Effective
Wife needs a 3 row SUV so we cashed in 4k equity via Carvana for her 2022 Wrangler 4XE and picked the pathfinder up this afternoon. Extremely pleasant dealer experience. I opened up asking for the vehicle for $48,500 and he came back at $49,050. I pushed for more but this was the best he could do.
Some manufacturers’ captives also allow you to put down multiple security deposits (“MSDs”) as a way to lower the MF.
Each MSD is roughly the equivalent of one payment, and generally the higher the total deposit the lower the MF, and therefore the lower the monthly payment.
Often you will see recommendations here for people who are considering a down payment to use the money for MSDs instead, because you get MSDs back at the end of the lease. The down payment is just gone.
The is a nissan Pathfinder Platinum, msrp is 54000, i believe i can get it for 51000
when i put 5 msds it barely moves i understand what you are saying you are getting it back, but pays to put nothing at that point.