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Nissan Altima Lease Questions

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

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#1039 of 1140
Re: Good Price for Altima 2.5S Convenience Plus Package Lease? [apsxu] by Car_man HOST
Jul 08, 2009 (2:07 am)
Reply

Replying to: apsxu (Jun 22, 2009 4:54 am)

Hey apsxu. To me, the best way to evaluate a lease is to look at the selling price that it is based upon. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how large a dealer discount you are being given. Let us know what it is and I'm sure that either myself or another knowledgeable community member will be happy to give you their opinion.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1040 of 1140
Re: Lease terms for Altima 3.5 SE Coupe [anatolych] by Car_man HOST
Jul 08, 2009 (2:09 am)
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Replying to: anatolych (Jun 26, 2009 6:01 pm)

Here's the information that you're looking for, anatolych. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2009 Altima Coupe 3.5 SE with an automatic transmission and 12,000 miles per year are .00195 and 52%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1041 of 1140
Re: Nissan Altima Coupe 2.5S lease question [gdfaulkner] by Car_man HOST
Jul 08, 2009 (2:13 am)
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Replying to: gdfaulkner (Jun 30, 2009 10:06 am)

Here you go, gdfaulkner. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2009 Altima Sedan 2.5 S with an automatic transmission and 12,000 miles per year are .00123 and 58%, respectively. Tthe numbers for an otherwise identical lease of an '09 Altima Coupe 2.5 S with an automatic transmission are .00195 and 55%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1042 of 1140
Re: RENEWAL LEASE [derfson] by Car_man HOST
Jul 08, 2009 (2:21 am)
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Replying to: derfson (Jul 01, 2009 6:16 am)

Hi derfson. See my previous couple of posts for an idea of what Nissan's current lease program is like. If you are interested in a different trim level, let me know and I can tell you what the specific lease program for that car is like right now.
 
As far as cash incentives go, Nissan's normal consumer cash is not compatible with its special lease program. However, it is providing a $500 4th of July bonus cash incentive on this car through today that is. There's also a grand for anyone who trades in a GM or Chrysler product.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1043 of 1140
Re: RENEWAL LEASE [Car_man] by mikemartin
Jul 08, 2009 (8:24 am)
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Replying to: Car_man (Jul 08, 2009 2:21 am)

The problem with the Nissan national leases the large amount of money they demand down.
 
First, money paid up front on any leased car is generally a very bad idea from the consumer's standpoint.
 
Second, comparing lease deals from one manufacturer to another is complicated by the differing terms regarding how much money, if any, is required at lease signing.
 
The easiest comparison to make is to ask the dealer to give one a simple no money down, first month payment only, sign and drive lease. That way, one can compare apples to apples, and not apples to oranges.
#1044 of 1140
Best price for '09 Altima SE Coupe (Lease)? by rsl_design
Jul 08, 2009 (11:31 am)
Reply

Replying to: bigbucks1959 (Mar 31, 2009 5:51 pm)

Hi,
 
I am looking to lease a 2009 Altima SE Coupe w/premium package, sport package and moonroof. I am currently leasing an Infiniti G35x, which is due very soon.
 
I would only like to pay $250 - $300 per month for a new lease. I just spoke with a dealer who quoted its best price of approximately $35k and monthly payment around $350/month.
 
Is this a good deal?
 
Thanks!!
#1045 of 1140
Best Price for '09 Altima SE Coupe (Lease)??? by rsl_design
Jul 08, 2009 (11:35 am)
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Hi Car_Man,
  
I am looking to lease a 2009 Altima SE Coupe w/premium package, sport package and moonroof. I am currently leasing an Infiniti G35x, which is due very soon.
  
I would only like to pay $250 - $300 per month for a new lease with 12k miles per year. I am flexible on the number of months. I just spoke with a dealer who quoted its best price of approximately $35k and monthly payment around $350/month.
  
Is this a good deal? What should I expect to pay? I would love to only pay $250/month, but the dealer claims they cannot meet that price with the premium package, etc.
  
I would love your insight!
 
By the way, I am in the DC area.
 
Thanks!!
#1046 of 1140
Re: Best Price for '09 Altima SE Coupe (Lease)??? [rsl_design] by r000
Jul 08, 2009 (11:44 am)
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Replying to: rsl_design (Jul 08, 2009 11:35 am)

The MSRP is $31,335, where did you get $35k from?
 
35k is way too much money to pay for an Altima.
 
I think you should be around $27000 with Taxes.
 
As for the lease, I think mid 300s sounds reasonable. With very little money due at signing of course.
#1047 of 1140
Re: Best Price for '09 Altima SE Coupe (Lease)??? [r000] by rsl_design
Jul 08, 2009 (12:41 pm)
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Replying to: r000 (Jul 08, 2009 11:44 am)

Sorry, you are right. I misspoke. Sticker price is ~$31k.
 
The dealership just called me back with a monthly payment of $340, assuming $1,000 down. The lease would span 39 months and 12k miles. It would also include free oil changes and filter and free gas (every now and then).
 
What do you think?
 
Thank you for your help!
#1048 of 1140
Re: Best Price for '09 Altima SE Coupe (Lease)??? [rsl_design] by rsl_design
Jul 08, 2009 (12:43 pm)
Reply

Replying to: rsl_design (Jul 08, 2009 12:41 pm)

The "every now and then" only referred to the free gas. Of course, the dealership would not like for their customers to abuse that privilege and stop in every day for free gas, but they seemed amenable to weekly or bi-monthly.
 
The free oil change/filter covers the life of the lease.
 
Thanks again for your help!

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