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Nissan Altima Lease Questions

1140 messages,  Last post on Nov 23, 2009 at 7:02 AM

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What is this discussion about? Nissan Altima, Nissan Altima Hybrid, Car Leasing, Sedan

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#1022 of 1140 Re: altima 2.5SL Hybrid [khriscota] by gpb59 Jun 14, 2009 (5:34 am)
Replying to: khriscota (Jun 03, 2009 5:22 am) Carman, would also like the same info plus residula for June on altima SL   Thanks Replies to this message: Car_man (Jun 17, 2009 2:09 am)
#1023 of 1140 Re: altima 2.5SL Hybrid [khriscota] by Car_man HOST Jun 16, 2009 (3:04 am)
Replying to: khriscota (Jun 03, 2009 5:22 am) Hi khriscota. Here's the information that you're looking for. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2008 Altima 2.5 SL Sedan with 15,000 miles per year are .00107 and 56%, respectively. The numbers for an otherwise identical 39 month lease are .00107 and 55%. You don't want to lease this car for 42 or 48 months. Nissan is not providing any support on those terms and its money factors for them are more than double the 36 - 39 month factors.   NMAC's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Altima Hybrid are .00184 and 55%. The money factor for a 39 month lease is the same, but the residual value is 1% lower.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1024 of 1140 Re: altima 2.5SL Hybrid [bakkerj] by Car_man HOST Jun 17, 2009 (1:56 am)
Replying to: bakkerj (Jun 07, 2009 10:32 am) Hi John. See post 1023 for the info that you're looking for. I believe that 15,000 miles per year is the highest mileage allowance that NMAC publishes residual values for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1025 of 1140 Re: altima 2.5SL Hybrid [gpb59] by Car_man HOST Jun 17, 2009 (2:09 am)
Replying to: gpb59 (Jun 14, 2009 5:34 am) Hi gpb59. Nissan Motor Acceptance Corp.'s June buy rate lease money factor and residual value for a 36 month lease of a 2009 Altima 3.5 SL with 15,000 miles per year are .00107 and 56%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1026 of 1140 Good Deal? by squeeky088 Jun 17, 2009 (4:38 pm)
Today I heard a deal on the radio for leasing any 2009 Nissan for $79 down and $79/month. Has anyone else heard of this deal? Is there a catch? I would usually assume that for $79/month they would up the money you have to put down, so i'm wondering what the catch with this deal is. Anyone else gone to check this out? Replies to this message: Car_man (Jul 08, 2009 2:00 am)
#1027 of 1140 lease 3.5 nissan altima Ma. by teddyteddy Jun 18, 2009 (11:06 am)
I have a 2006 Altima 3.5 coming off lease and I'm looking to lease a new one.   I was quoted a lease price of 359.00/ 39 months/ 15k miles sign and drive. MSRP 30,720.00 is this a good price? Massachusetts This was a first quote via internet/ Please advise.   My 2006 was 36 months with 30,100 msrp at 339.00 Replies to this message: Car_man (Jul 08, 2009 2:02 am)
#1028 of 1140 Good Price for Altima 2.5S Convenience Plus Package Lease? by apsxu Jun 22, 2009 (4:54 am)
My 06 Altima is coming off of lease, so I'm looking at the new Altimas. I was quoted a price of $300 a month for a 15k miles/year, 39 month lease on a 2.5S with the Convenience Plus package with only my first month's payment due at signing. Is this a decent deal? The first dealership I went to told me the lowest he could go was $333 a month on this car, so I went to a different dealership. This salesperson swears that the $300 deal is a GREAT deal, but I want to be sure about that. Replies to this message: clasys (Jun 22, 2009 4:34 pm) Car_man (Jul 08, 2009 2:07 am)
#1029 of 1140 Re: Good Price for Altima 2.5S Convenience Plus Package Lease? [apsxu] by clasys Jun 22, 2009 (4:34 pm)
Replying to: apsxu (Jun 22, 2009 4:54 am) While $300 per month with only 1st payment due at signing for 2.5S with Convenience Plus ($24,410 MSRP according to carsdirect.com) sounds not bad, there is really IMO no accurate way to fully access lease deal without all required parts of lease formula: MSRP of the car, selling price, residual value and money factor used to calculate monthly payment. Also, your credit rating plays important role in this. What looks like a great deal for someone with relatively low credit score, is unacceptable for one who has top tier credit, thus qualifies for top tier money factor offerings from a leasing company.   As I said above, $300 with just 1st payment due at signing (assuming that all taxes/fees etc are indeed rolled into the payment) looks decent. If you can find out at least 3 of aforementioned 4s: MSRP, residual and money factor that dealer used to calculate your $300/mo, it will be easy to calculate selling price and give you more accurate assessment.   Meanwhile, just to give you an idea: exactly a year ago I was able to negotiate the following deal on Altima 2.5 SL with Connection Package ($27,500 MSRP): $550 due at signing (including 1st mo payment) + 38 remaining payments of $309 per month on 39 mo lease with 12K mi per year, all taxes and fees included. While this was a long time ago, I'm still seeing comparable deals on similarly equipped Altimas listed here now.   Hope this helps.
#1030 of 1140 nissan altima 3.5 2009 by teddyteddy Jun 24, 2009 (2:30 pm)
I am trying to lease a nissan altima 3.5 SL MSRP 30720.00 I was quoted a price for 36 months sign and drive for 339.00 /15 K miles I do not know the residual. I have top tier credit. Is this a good deal., Replies to this message: clasys (Jun 24, 2009 3:24 pm)
#1031 of 1140 Re: nissan altima 3.5 2009 [teddyteddy] by clasys Jun 24, 2009 (3:24 pm)
Replying to: teddyteddy (Jun 24, 2009 2:30 pm) Does your $339 include tax? Does sign & drive mean no money due at signing at all? What about 1st month payment you usually must pay upfront to take the car off the lot? Is it waived? Assuming that all taxes and dealer fees are rolled into your payment and all you have to pay due at signing is 1st month, it looks like an excellent deal to me. Considering current money factor and residual that can be found here thanks to our host CAR_MAN, it looks like dealer went well under invoice to arrive at $339 for $30,000 car with nothing signing. Again, this is only true if all taxes and fees are included into the payment.

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