Last post on Dec 09, 2013 at 6:58 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Nissan Altima, Nissan Altima Hybrid, Car Leasing, Sedan
#1652 of 2050 Re: Altima 2013 Lease 24 months [altimaguy24]
Aug 24, 2012 (1:14 pm)
on the surface for a base 2.5 it doesnt seem bad. this is the national deal from nissan, to do better more info is needed..such as whats the msrp, whats the selling price or cap cost.( i know there are no programs so their are no cap cost reductions) and for your info the bank fee or acquisition fee of $595 is pretty customary and applied to all leases, it really is a bank fee !!.
residual is probably at 61% or so, this is by the book, dealer has no say. but they do have a say in the seller price or cap cost after any reductions or additions (such as bank fee).
if your tier one your money factor (which is how they figure your rental fee is .0020, thats what NMAC (lease co of nissan) is offering now, it equates to a 4.8% interest if you wanted to convert it (.0020 x (multiplied by ) 2400=4.8%.
also the percentage of selling price to msrp to arrive at a good deal is needed. for instance a 90-91% selling price to msrp is really good. a 95% selling price to msrp is ok, but in a lease just those few percentage points will cost you, $20 to $30,.
write here the numbers, Ill figure it....
#1653 of 2050 Re: 2012 Altima lease [pegasus17]
Aug 25, 2012 (10:57 am)
NOw august of 2012 as in 2009 when my leases are due, i get a letter from nissan leasing of their pullback program.
it is to forgive, forget or whatever you want to call it for my last THREE lease payments. these payments are not put into my new lease, they are pulled back as is the phrase in the auto industry , if an only if i purchase/lease another nissan.
I just took advantage of it , again.
basically it made my 39 month lease 36 months on my 2009 which i turned in. and now i start again for the next 39 months ,,,I went with a 2013.
pegasus, i got the letter from nmac, and its for 3 months, not 9. not in my case anyway.
#1654 of 2050 Re: 2012 Altima lease [steen013altima]
Aug 25, 2012 (3:34 pm)
Three payments is the norm for those companies that have a pullback program. The OP said they were going to forgive 9 payments which i highly doubted. Congrats on the 2013 Altima. I saw one a couple hours ago in a local supermarket parking lot in dark red and it was gorgeous. OTOH, I saw a few pics of the 2013 Accord at a Kroger lot and it was a big yawn (very similar to the 2012, which isn't a bad thing). i have a few months to decide...Camry, Fusion, Accord, Altima...we'll see. Enjoy!
#1655 of 2050 pegasus, need explanation, thanxs
Aug 29, 2012 (9:51 am)
ref 1635, 1637.
pegasus...whats this mean...."Shoot for $11 per 1000 of msrp pre-tax... "
if you can, pleeze explain.
#1656 of 2050 Re: 2012 Altima lease [pegasus17]
Aug 29, 2012 (10:00 am)
pegasus, thanx,,,,i got the cayenne red....its a hot color....with blonde interior which is very light, with aftermarket tint windows and a nice tan/blonde pinstrip on the contours with boody side moldings.....it looks real good for a 20K car.....
#1657 of 2050 Re: pegasus, need explanation, thanxs [steen013altima]
by kyfdx@Edmunds HOST
Aug 29, 2012 (6:38 pm)
...."Shoot for $11 per 1000 of msrp pre-tax... "
If a vehicle has an MSRP of $40,000, then that is 40 X $11 = $440/mo..
#1658 of 2050 Re: pegasus, need explanation, thanxs [kyfdx]
Aug 31, 2012 (11:30 am)
That is poor advice pegasus. Maybe shoot for 11 x the Capitalizded Cost. You can do much better than 11 x MSRP especially on a Nissan.
#1659 of 2050 Re: pegasus, need explanation, thanxs [kyfdx]
Aug 31, 2012 (12:04 pm)
Haven't been on in a while. I have leased many times in the past. typically a good deal was $12 per 1000 of MSRP on a standard, 12k/year, 3 year lease with ZERO down. In the past few years, due to boosted residual %'s and very LOW money factors, a good deal can be had in the 10-11 dollar range. It may be an oversimplification BUT many people on here don't have the stomach for lease calculation details.
Aug 31, 2012 (12:28 pm)
New lease info out on nissan's website, dealers are still using the old money factors though. Anyone have any luck ?? Base s is 219, 3.5 sl is 329, both with 2399 down. I'm trying to get a 2.5sl for under 300.....
#1661 of 2050 Re: pegasus, need explanation, thanxs [pegasus17]
Sep 01, 2012 (5:55 am)
I AM ASSUMING YOU FOLKS WHO ARE TALKING 10-11-12 DOLLARS PER THOUSAND ARE TALKING ABOUT 2012"S ONLY??? I SUPPOSEDLY HAVE A 2013 COMING IN THIS MONTH WHICH OF COURSE WAS SUPPOSED TO COME IN A WEEK AGO. MY LEASE RUNS OUT 1ST WEEK OF OCT. I DON'T KNOW WHAT ACTION NISSAN WILL TAKE IF THEY CAN'T COVER THE PRE-ORDER. WILL BE INTERESTING.