Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Nissan Altima Prices Paid & Buying Experience
2418 messages, Last post on Nov 28, 2009 at 5:10 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Replying to: kingpcgeek (Jul 06, 2009 8:46 pm)
|
|
|
|
|
Replying to: sherae (Jul 07, 2009 4:51 am) Because you pay for the use of a vehicle during a lease, you should put as little money down as possible, up front. Although putting money down can lower your lease payments (by reducing your capitalized cost) in most cases it cannot be regained in the event of early termination due to a loss. For example, a customer once leased a Toyota 4Runner and put $3,000 down as a cap reduction. Five months later the vehicle was totaled in an accident. The client's insurance paid its portion of the lease payoff and Gap Insurance paid the balance. Our client walked away with only paying his insurance deductible but he did not get reimbursed for his initial down payment of $3,000. It was lost. The moral of this true story is to put as little money down as possible,ideally no money down. Here are some other things to consider: - Money down is taxable - Take the money you would have put down and invest it - Put your down payment in a savings account and use a portion each month to help make your lease payment
|
|
|
Replying to: kingpcgeek (Jul 07, 2009 5:07 am) |
|
|
Replying to: rvaidyan (Jun 30, 2009 2:12 pm) MSRP of $22,685 OTD - $21,040.
|
|
|
|
|
Replying to: hiltee (Jul 07, 2009 1:24 pm)
|
|
|
Replying to: kingpcgeek (Jul 07, 2009 1:38 pm) Price after discounts (1500 rebate, college grad and dealer discounts) - $19,185, plus taxes and NYS fees. Thanks in advance. |
|
|
Replying to: spazvt (Jul 06, 2009 7:11 pm) did you finally buy the car? and how much you paid? thanks. |
|
|
Replying to: hiltee (Jul 07, 2009 1:24 pm) The best quote that I was able to get was from FitzMall in PA, at $19500 OTD. But it was a 4.5 hour drive one way. |
|
|
|
|
Replying to: sherae (Jul 06, 2009 6:36 pm) Rob |
|
|
|
|
Replying to: r000 (Jul 08, 2009 3:31 am) Rob
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Nissan Altima Prices Paid & Buying Experience
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Nissan Altima
Browse by Board
Browse by Topic
Today's Chats
