Nissan Altima Lease Questions

1938 messages,  Last post on Jun 06, 2013 at 5:02 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

#1603 of 1938 Nissan 2012 3.5 (Tech Package) by jfraser98

Jul 02, 2012 (6:41 am)

Hello!
 
I need your assistance. I'm trading in my 2010 Nissan Murano to reduce my payment to get a 2012 Nissan Altima 3.5 (V6-Tech Package). Dealer advised I was borderline between Tier 1 / Tier 2, and offered me a 39 month lease - 12k a year - $475 (will absorb all the payments for my previous vehicle till August 2013). I test drove the 2013 Altima, but dealer advsied the one he demo'd wouldn't be available till September. I'm just trying to determine if this is a good deal or not...I would prefer the 2013, but i'm also trying to keep my payment less than $500.
 
Help!

#1604 of 1938 2012 Nissan Altima 2.5 SL Lease Question by princeton08540

Jul 06, 2012 (2:43 am)

I have always purchased my cars in the past. This will be my first time leasing and could use some help in determine whether the following figures are a good value as well as the proper questions to ask my dealership when I return. Auto: 2012 Nissan Altima 2.5 SL. List: $28355. Customer Discount $1772. Selling Price: $26583. Trade: $0. Sales Tax: $1868.31. Doc: $197. Lien Filing Fee: $25. Registration: $211. Tire Fee: $7.50. Title: $60. Total Purchase Price: $28951.81. Terms: 39 mo. Mileage: 15K/yr. $3500 out of pocket: $3500. $211/mo. Residual: $14461.05. Thanks for any advice that you can provide.

#1605 of 1938 Re: 2012 Nissan Altima 2.5 SL Lease Question [princeton08540] by derfson

Jul 06, 2012 (5:51 am)

Replying to: princeton08540 (Jul 06, 2012 2:43 am)
ADVICE GIVEN ME ALONG TIME AGO WAS NEVER PUT MONEY DOWN ACCEPT FOR THE BANK ACQUISTION FEE 595 PLUS FEES IN YOUR CASE 500 PLUS THE FIRST MONTH PAYMENT. ANY OTHER MONEY THAN THIS IS EQUITY YOU WILL NEVER GET BACK. JUST PAYING BANK ACQ. AND FEES WOULD PROBABLY PUT YOU AROUND 290. BUT YOU NEED TO KNOW MSRP, TOTAL DISCOUNTS, SALE PRICE PLUS MONEY FACTOR AND RESIDUAL AND A PRICE COULD BE FIGURED OUT. YOU CAN GET THAT FROM THE HOST OF THIS SITE.

#1606 of 1938 Re: 2012 Nissan Altima 2.5 SL Lease Question [princeton08540] by pegasus17

Jul 06, 2012 (7:58 am)

Replying to: princeton08540 (Jul 06, 2012 2:43 am)
ref: 1604
http://www.fitzmall.com/fitzway/carfind/RESULTSB.ASP?V_XREFID=0420891079128
 
Purchase price is way too high. Should be getting 6k off msrp since the 2013 model is out. Residual % appears to be 51% but what is the money factor?
Also, what is your state's rules on taxation on leases?

#1607 of 1938 Re: Need help with Altima lease incentives [radbluejay1] by Car_man HOST

Jul 09, 2012 (4:22 pm)

Replying to: radbluejay1 (Jun 24, 2012 5:07 pm)
You're welcome radbluejay1. No the NMAC APR Bonus Cash is not available on leases, just on conventional loans through NMAC.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1608 of 1938 Re: 2013 lease [zarkoff] by Car_man HOST

Jul 09, 2012 (4:25 pm)

Replying to: zarkoff (Jun 24, 2012 5:36 pm)
You're very welcome Dr. Zarkoff. The money factors are the same for all 2013 Altimas right now, but the residual values vary slightly.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1609 of 1938 Re: 2.5S with anniversary package [hairmechanic] by Car_man HOST

Jul 09, 2012 (4:30 pm)

Replying to: hairmechanic (Jun 25, 2012 8:23 am)
Greetings hairmechanic. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24-month lease of a 2012 Altima S with 12,000 miles per year are .00020 and 53%, respectively for consumers who qualify for its top credit tier.
 
The last time that I checked, NMAC did charge a $395 disposition fee at lease-end.
 
What you were told about the additional cash is correct. From July 3rd through July 9th there is an additional $1,000 bonus cash on '12 Altima Sedans.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1610 of 1938 Re: 2013 Altima swdan 3.5 SL with Tech Package [davesrii] by Car_man HOST

Jul 09, 2012 (4:34 pm)

Replying to: davesrii (Jun 27, 2012 11:45 pm)
Hi davesrii. NMAC's current buy rate lease money factor and residual value for a 36-month lease of a 2013 Altima Sedan 3.5 SL with 12,000 miles per year are .00200 and 62%, respectively for consumers who qualify for its top credit tier.
 
NMAC charges a $595 acquisition fee on every vehicle that it leases.
 
If I was in the market for this car right now, I personally would shoot for a selling price of a couple hundred dollars over dealer invoice minus any available cash incentives. One should be able to get this sort of price in any area that has at least a moderate amount of competition.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1611 of 1938 2013 Altima Lease/Maxima Trade questions by jknast

Jul 24, 2012 (7:06 am)

Hi CAR_MAN,
 
I am looking to lease a 2013 Nissan Altima. To do so, I have to get out of my 2010 Maxima lease that has about 9 months left.
 
I received a letter in the mail from a local dealership giving me trade in offer of $25,500 for the Maxima. This is about $3,000 over what the true trade in value probably should be. I brought the letter to the dealership and they are honoring it. However, they are saying that included in that offer is a tax credit that is built in that should be deducted to get the true offer. So, in New Jersey the tax rate is 7%, so the the true offer is the $25,500 minus 7%. Does this sound right to you? To me it seems like a scam to knock down the offer.
 
Also, can you provide the residual and money factor the 2013 Nissan Altima SL (36 months/12k miles)? Is it still .002 and 60%?
 
Thanks for your help with this. I've used the forums for information a lot over the years.
 
Regards,
jknast

#1612 of 1938 2013 Nissan Altima sedan 2.5 S by new_buyer1216

Jul 26, 2012 (5:51 am)

Hi car man,
 
I'm looking to lease a 2013 nissan Altima sedan 2.5 s. 12k/year for 36 months,
What are the money factors and residual costs on this model for this term?
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