Nissan Dealer says Single Pay will reduce the RV and requires huge deposit, is this true?

[max_g]

Just move on to other dealers.

[mllcb42]

@yb7488

We can’t quote a 1 Pay Lease, as I do not have a way to currently contract it

Let me translate:

“We dont know what we are doing, so we are going to make up some bs excuse so it seems like us being incompetent is in your best interest.”

[GeminiRam]

@yb7488

We can’t quote a 1 Pay Lease, as I do not have a way to currently contract it. The last time I quoted one, at the end of December, it required at a minimum almost $11,000 due at signing, with $4100 of it being refundable security deposits. "

This would be like one-pay + msd but that rate is atrocious. This is on par with most Nissan dealers.

[yb7488]

@GeminiRam

atrocious

Got it! I think this would be best move!

[yb7488]

That is what I thought…thanks for clarifying it!

[yb7488]

Yeah, I need to look elsewhere…

[wantingadeal]

Contact @Clutch they had some west coast Svs and Pro4x earlier this week.

[GeminiRam]

Note that this is the beginning of the new year and new month. Dealers may not be as motivated to discount the vehicles but you never know unless you try contacting them.

[ahash]

@yb7488

We can’t quote a 1 Pay Lease, as I do not have a way to currently contract it.

This is the key statement, and hence all the persuasion of not doing it by making up stuff.

[trism]

@yb7488

"One-pay lease lowers the money factor, but your residual drops 3-5 points as well. Your minimum security deposit goes to over $4000 or more as well.

Actually, the 18 month lease is an incentivized lease, a 1-pay lease reverts to a standard lease, so the residual drops, as it is no longer incentivized by the Nissans northwest advertising budget.

On a 18 month 1-pay lease, you save about $25 a month or so, but NMAC requires a hefty security deposit. That is why a 1-pay lease is rarely done, and never advertised.

We can’t quote a 1 Pay Lease, as I do not have a way to currently contract it. The last time I quoted one, at the end of December, it required at a minimum almost $11,000 due at signing, with $4100 of it being refundable security deposits. "

[spockvr6]

@yb7488

The last time I quoted one, at the end of December, it required at a minimum almost $11,000 due at signing, with $4100 of it being refundable security deposits. "

The irony is that such a deal actually has some potential in it but the sales guy just sees “$11000”.

With a little bit of tweaking and work on some aspects of the structure, it may have turned out pretty good.

That said, the dealer probably didn’t know how to structure the lease (as it’s not possible to have $4100 in security deposits on these).

[GeminiRam]

It be close…monthly payment of $425, so $450 x 9 msd = $4050 total. The extra $50 is a service fee.

[spockvr6]

Ive never heard of a “service fee” at a dealer…

[asdf1223]

Might be worth reaching out to the OP here if you haven’t already.

2023 Nissan Frontier PRO-4X, $48545 MSRP, 18/10, $5181.31 one pay

2023 Nissan Frontier PRO-4X $48,545 MSRP - 18/10 Final price - $45,858 (5.54% off) One pay lease - $5181.31 Tax rate - 8.7% [IMG_4458 Copy] Calculator below: After following some advice here on the forum (shoutout to @giveleaseplease I think we have identical trucks ) I was able to source a really great deal on a new frontier here locally in Washington! The vehicle was already discounted online to $46,600 so I knew going in that trying to squeeze out a few extra dollars w…

[518ADK]

The worst. An all around terrible experience trying to grab a Frontier. Spoon feeding these salespeople the deal via email and they still can’t figure it out. A ton of effort for a vehicle I don’t even want.

[GeminiRam]

You need to communicate with the sales manager or general manager, not the sales people. They know nothing and don’t have the power to approve one-pay or msd.

[max_g]

@518ADK

A ton of effort for a vehicle I don’t even want.

So why do you bother?

[518ADK]

Need a short term hold-me-over.

[yb7488]

Thank you so much for everything guys.

I ended up with 2023 Pathfinder SL. I traded in 2020 Leaf I leased and with 500 DAS, got it for 329 w tax/month with 18month/10k. I think this was a good deal.

Will post more details about this Pathfinder SL lease over the weekend.