Nissan Altima Lease Questions

1903 messages,  Last post on May 17, 2013 at 10:01 AM

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

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

#1618 of 1903 Re: Nissan Altima 2.5 S Lease [hjason] by zi_rah

Aug 03, 2012 (6:40 am)

Replying to: hjason (Aug 02, 2012 4:43 pm)
Yea you could definitely do better I think. When I was negotiating with them they started out with $0 down and $274 a month but talked them down to $240 with nothing down. Didn't accept the offer right there because we were interested to see how much the insurance would be (came out to $130). Plus with the new 2013 models out and how different they look you would think they'd want to move the 2012 models off the lot as quickly as possible.

#1619 of 1903 Re: Nissan Altima 2.5 S Lease [zi_rah] by chuck162

Aug 05, 2012 (12:01 pm)

Replying to: zi_rah (Aug 03, 2012 6:40 am)
Hello Zi Rah,
 
You got a great deal! Congratulations on your excellent negotiation.
 
I'm going to lease a 2012 Nissan Altima 2.5s today and I would like to ask you some questoins if you can help me out.
 
Can you please tell me the specs of the lease for the $240/mo price?
  * # miles per year?
  * # of months?
  * did you mean $0 down for capitalized cost reduction? or literally 0 down? The reason I ask is that most dealers usually want you to pay the following upfront:
      - First month payment
      - Acquisition Fee (usually ~ $500 an non negotiable)
      - Documentation, Registration, License, Tag, and Title Fees (usually ~ $300)
 
So, I would have thought even for such an awesome deal ($240/mo), that you would still have paid ~ $1040 up front to cover the costs I listed above.
 
Can you please elaborate on this?
 
Much appreciated!! Thank you.

#1620 of 1903 Re: 2013 Altima Lease/Maxima Trade questions [jknast] by Car_man HOST

Aug 06, 2012 (3:49 pm)

Replying to: jknast (Jul 24, 2012 7:06 am)
Welcome back jknast. I'm glad that you've found this forum so helpful. It sounds like the dealer is playing games with you. There really isn't any magic way for the dealership to get you out of your Maxima lease 9 months early. Chances are if you are getting out of your Maxima that early that you will end up overpaying for your new Altima. You would be better off waiting until you are closer to the scheduled end of your current deal to get something new, if possible. As an added bonus, the deals on the 2013 Altima will likely be significantly better several months from now.
 
Nissan Motor Acceptance Corp.'s August buy rate lease money factor and residual value for a 36-month lease of a 2013 Altima SL with 12,000 miles per year are .00200 and 60%, respectively for top tier customers.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1621 of 1903 Re: 2013 Nissan Altima sedan 2.5 S [new_buyer1216] by Car_man HOST

Aug 06, 2012 (4:27 pm)

Replying to: new_buyer1216 (Jul 26, 2012 5:51 am)
Hi new_buyer1216. NMAC's August buy rate lease money factor and residual value for a 36-month lease of a 2013 Altima Sedan 2.5 S with 12,000 miles per year are .00200 and 63%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1622 of 1903 Re: 2012 Nissan Altima Sedan S [new_buyer1216] by Car_man HOST

Aug 06, 2012 (4:37 pm)

Replying to: new_buyer1216 (Jul 26, 2012 5:52 am)
Hi new_buyer1216. Nissan Motor Acceptance Corp.'s buy rate lease money factor and residual value for a 36-month lease of a 2012 Altima Sedan S with 12,000 miles per year are .00020 and 53%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1623 of 1903 Re: Help on 2013 Lease Information [worleygirl] by Car_man HOST

Aug 06, 2012 (4:42 pm)

Replying to: worleygirl (Jul 30, 2012 7:19 pm)
Hi worleygirl. Nissan Motor Acceptance Corp.'s August buy rate lease money factor and residual value for a 39-month lease of a 2013 Altima Sedan 2.5 SL with 15,000 miles per year are .00200 and 59%, respectively for consumers who qualify for its top credit tier.
 
I'm sure it's only a matter of time before the incentives that Nissan has to provide on the 2013 Altima improve. the question is how long will the new model honeymoon period last with it? It is very possible that this car's programs will be more attractive in January than they are today, but it is difficult to say for certain what Nissan will do with its future programs.
 
You absolutely should negotiate the selling price of a vehicle that you intend to lease. The selling price of leased vehicles are negotiable, just as if you were paying cash for or financing them.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1624 of 1903 Re: Nissan Altima 2.5 S Lease [zi_rah] by Car_man HOST

Aug 06, 2012 (4:48 pm)

Replying to: zi_rah (Aug 01, 2012 2:04 pm)
Hi zi_rah. Nissan Motor Acceptance Corp.'s August buy rate lease money factor and residual value for a 39-month lease of a 2012 Altima 2.5 Sedan S with 12,000 miles per year are .00020 and 52%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1625 of 1903 2013 Nissan Altima 3.5SV Lease by khuzbuz

Aug 07, 2012 (1:32 pm)

We finalized a deal for my brother, who is about to graduate college, and is taking advantage of the College Grad Program. With $2K out of pocket he will be paying $350/month on a 39 month lease for 15k miles per year. Monthly payments include tax, tags etc. Residual is 0.61 and money factor is 0.002.

#1626 of 1903 Re: 2013 Nissan Altima 3.5SV Lease [khuzbuz] by chuck162

Aug 07, 2012 (4:10 pm)

Replying to: khuzbuz (Aug 07, 2012 1:32 pm)
Can you please tell me What was the sticker price on your brother's car?

#1627 of 1903 Re: 2013 Nissan Altima 3.5SV Lease [chuck162] by khuzbuz

Aug 08, 2012 (11:35 am)

Replying to: chuck162 (Aug 07, 2012 4:10 pm)
MRSP - $28,980
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