Lease return help
 

So I leased a Maxima in 12 and its time to go back. Just had it inspected and they are way more anal than I thought. 400 per door ding and I had 3...they are minor at best...

The real thing that bothered me is they said theres a 400 ish dollar fee because We are not leasing another infiniti/nissan product and that its in the contract. Now I am 99% sure its not on the front of the contract, and was never discussed when I picked up the car. Perhaps the back/fine print? Never saw it if it is there...

Anyone have any insight if this is in fact a charge that they can actually take from me, seems like crap if you ask me...

Bullshít. You can get all the door sings taken out for $100-150

Fee to take it back... If it isn't on the contract, they can't do that

wait, leased cars usually have insurance to fix these dings under that coverage. most as high as 1700 or something. i think they're trying to f- with you. and yah, pdr for small dings are like $30 each (cost).

I know I can get my local dent doctor for the 400 per dings but the return charge for NOT using nissan again is what is pissing me off royally. I never read the back of the contract and have to when I get home. Its just another PITA that I could live without!

Anyone ever actually pay a fee to return the lease when not going into the same brand (especially nissan)?

ive only leased two car in my lifetime (owned over 20cars) and it was a free return both times.

Never heard of it, but if it's in the contract, you're screwed!

this reminds me of that f-ked up sport shop where you post a bad review, they charge you 3500. lol

Does the back of the contract count? :P


i want to leave work so bad and go look, if only it wasnt an hour away.

I think it is time to comb through the contract and see if you can find that specific "agreement".

If you can not find it have the dealer point it out to you where specifically they are referencing this.

Usually "special" add on agreements (but not mandatory) are initialed as well, so double check for that.

Edit: if you are early terminating there could be a early termination penalty.

Yes you can get a local ding guy to fix it for a fraction then return the car even if you decide to return it to another dealer.

As far as return lease fee, it's been in the Nissan & maybe other leases for about 10 years now. The only way to avoid it that I know is get another Nissan. Sorry.

nissan charges you disposition fee at the end of the term..
need to read your lease contract, it will give you all the explanation you need to know.

man this is like getting punched in the twig and berries at the end...glad I didnt re-lease a Nissan just to be pissed at the end again...

Are there any terms in buying out a car that anyone knows? I leased the Z but I was planning on just buying it soon before the lease was over. Any hidden fees associated with that people have found out about?

your pay off is what you can buy it for+ tax and title fees in your state, you can finance that amount or pay cash for it..( you can call nissan finance and get your pay off ) the reason you have to pay tax and title fees again is because the car was in nissan's name and it will be yours and uncle sam needs your help again.. :tup:

either you're pulling our leg or you were born yesterday
 

You leased a Z & know nothing about it? If you're serious, some salesman made a party after you drove away.

The price of buying your car is in large letters/numbers written on your lease. 99% of the time it is written in stone. That's the price plus tax & fees.

Not much to do. Just go to a Nissan dealer & they will do all the numbers/taxes & financing.

After you add the money you spent on the lease, + all fees & taxes, then add the current price that the car will cost you +taxes & fees AFTER financing it, you'll end up with a used Z that cost you as much as a 2 year old GTR. Have a nice day & please don't blame me. Look in the mirror instead.

You're a bit wrong. HE paid the taxes when he leased but it was for ONLY the amount of time of the lease. When he buys the rest of the car, he will pay taxes AGAIN but it will be for only the current cost of the car or you can say for the rest of the car.

Good part is that the money will go to a good cause, THE GOVERNMENT!!! :) square.

OH, I missed something
 

Just read that you were going to buy it BEFORE the lease was over. So now just ADD the remaining payments to the amount of money I posted in the other post. :rofl2:

Good news! Really!!
 

There most likely is something in the lease that allows/won't charge you for some wear & tear costs.

Then again if you buy your lease car, the car can be in little pieces & the manufacturer WON'T charge you for the damage. NOT ONE PENNY!!! :) Honest!!!

You only pay tax and title fees for amount of your current pay off .. Another option u have is to trade the car and get something else just like if you financed the car.
It does not hurt to see what your car worth of you trade it in, might have equity, no equity but save on tax , the worse case you are upside down.

When I said "you're a bit wrong" was because you sounded like he didn't pay sales taxes when he leased.

Now I don't understand what you mean by "no equity but save tax" ???? I don't understand that either.

when you lease a car you pay taxes and license, reg. fees like if you finance a car.
the residual dollars set by nissan the day you lease a car, that number calculates as residual percentage times your msrp of the car, that number is fixed and that would be your payoff number at the end of lease term, if you return the car back that number has no meaning except you have to pay for damages to the car, over on miles, and disposition fee( he needs to look at his contract)
if you decided to buy the car cash or finance at the end of lease contract, that residual dollar is the one you work on + tax and title fees.
if you want to trade the car for something else the same number you used to calculate the pay off.( residual dollar)
one of the biggest purpose of lease is that it keeps you monthly payment lower, you can drive more luxury cars for more affordable payments.

All that is correct. The only thing I didn't understand & thought you didn't understand were the statements I pointed to(tax references). So I'll just leave it at that those statements just happened. Many times it happened to me to :tiphat:

I'm assuming you understood everything I posted as well.

yes sir..:tup:

Carry on. ;)

Well thanks for all the input... I do know enough about leasing but I figured it out...
its called the 'disposition fee' and its centered right in the middle of the contract but no where does it show that its due to not being put into another Nissan product. Im going to fight it anyway. So this is something others can look at and learn from.

Andre this was only for my maxima not the Z I know the terms of the Z and I think I got a great deal...its a 12 and has a 23k residual and I only have 1500 or so miles on it ...thanks for all your input...

You leased a Maxima & a 370Z ????
 

Are you serious???

So can you clear this up? You're thinking of buying the z & returning the Maxima? :icon14:

don't be shy It's raining ice tonight
 

I'm home with nothing to do.

I had very serious brain trauma recently, STILL
 

I can't go this SLOW!!! What's the story???? When is your z with low mileage & $23k residual due?

He's gone-someone help out
 

He got a great lease deal he says. Spent a few thousand bucks on taxes/fees & payments to drive 1,500 miles. Is it me????

Do tell!

Lease disposition fee if you return the vehicle. Triple check your contract when you signed it

Ahh humanity... :shakes head:

On another note I vote we un-ban jungleZ temporarily cause he can provide good input on leased cars!

Looks like it is...unless you are my financial advisor, worry more about what you do with your money and less about what I do with mine. I have many cars and the Z is just one of them which I drive when I feel like it, and work on when I have free time. This is why Im buying it because I enjoy it, the money is not an issue.

Find another dealer and just trade it...don't give it back to the bank. You have this option at anytime during a lease....everyone thinks they have to give it back to the bank.

What is the residual value or buy out? Now you can buy it, sell it on the street, trade it or last resort give it back to the bank. I've leased 9 cars and have always made money by selling a few months before lease is up or trading it in. (Toyota and nissans)

What's the book on it? Doing good research on ACV ( actual current value) of both the car your trading and the one you are purchasing will ensure a great back of invoice purchase price along with a strong trade value. Edmunds.com is your friend on regional prices that others are paying for used and new.

Hey Shadezzzzz anyway I realize with this low mileage and a residual of 23k I will most likely (hopefully) have some equity in the car when the lease is up next year. I was considering just buying the car and either a) selling privately and making a few K, or just keeping it as I really do like the car. Edmunds is giving me a value of around 30k as of right now, a little less than I hoped but I guess its because of the price drop of the sticker. I realize I will pay taxes again, any other hidden fees I should expect if I buy it at the residual price?
Thanks again

OK-since I know about leasing more than 99% of the people here
 

and more than 99% of the Nissan car salesmen, because I worked as a Nissan lease manager & since you don't care about throwing money down the toilet, I won't help you & mind my own business.

NOW, DID YOU REALLY TURN DOWN $30k FOR YOUR USED 2012 Z ???

I do realize it's still a leased car & you don't own it, but that can be worked with & taken care off.

SO DID YOU TURN DOWN $30K ?????

sure you'll have equity in a year from now
 

Every year our cars go up :icon17: Oh, I don't remember that Edmunds BUYS cars :icon17:

I can get you a lease at 1/3 of the price
 

Just tell the next car dealer that you don't drive the car and ask him how much he would charge you to lease that car if you left it in the show room, just made the payments.

Do you at least know that you can get a low mileage lease for less money?

MY PROBLEM HERE IS THAT I'M JUST CONFUSED!!!

Leased a Maxima? Leased a Z? Don't know A thing about leasing. I just have a problem believing everything you wrote. It could be me?????

Anyway.... SORRY if I come across as cruel/nasty. It's just very hard to believe that someone leased 2 cars, paid sales taxes, insurance payments, lease payments that contain interest but it's not shown, + other costs and not read/understood the lease contracts.

That adds up to thousands of thousands & say he doesn't even drive the car(s)? I should be more cool and take it easy. I know that so if I can't, let me at least apologize if it helps.

You come across as ignorant and unable to read, not cruel or mean. Based on basically no one responding to your moronic questions, thoughts, etc, it must be close to the truth. Typical for a 'lease manager' but hey what do I know. You are making a lot of assumptions without me even saying anything, and ranting on and on here on a forum where a simple question was posed and you keep rattling on meaningless points. First, everyone has different financial situations and you don't have a clue about mine. Secondly, you don't even know the deal I worked out on my Z and assume its one thing when perhaps... I got a very low sale price and am leasing at an extremely low price or knew someone who owned the dealership. Third, you need to relax this forum is a great place except when you run into members like you. Glad I did not lease at any dealership you ever worked at.

Fair enough but from experience I can tell you that dealers get there factors, residual numbers, best/special rates for 2 or 3 year leases, everything from the Manufacturer's bank. In Nissan's case it's NMAC. That's why no matter who you know or what you think, YOU PAID THE PRICE!!!

Also I kind of stretched the truth about being a business manager. I didn't lie, I did do some leasing a long time ago before it was set up in the computers. I was given a chance to learn/understand them & do some of them with pencil, paper & a calculator. Best way to learn.

As far as the other stuff about knowing you, yes that's my problem. I don't know you, I don't understand what you did and have almost no idea what the hell you're doing/did/ or even talking about. That's the biggest problem. I'm open to listen not just to you but ANYBODY that read what you have written & thinks he understands.

I'm also(you'll be happy to hear) DONE WITH YOU!!!