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Nissan Altima Lease Questions

1911 messages,  Last post on May 23, 2013 at 5:27 PM

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

Messages Page 168 of 192

#1665 of 1911 Re: 2013 Nissan Altima 2.5 SV 39 Month Lease [nathanielk] by steen013altima

Sep 02, 2012 (3:14 pm)

Replying to: nathanielk (Sep 01, 2012 5:13 pm)
lets get to brass tacks.....
 
as for the base figure of 299 + tax. for this car, the SV at that msrp thiswould be the greatest deal ever . .
 
out of curiosity what south florida dealer did you go to??___________

theres maroone nissan, pompano, coral springs in broward, and a few more in palm beach & dade county, but since you stated your tax rate at 6% , well then, your in Broward?
 
now for some number crunching. as to what you should pay...299 doesnt seem real, if it is grab it NOW...as for 100 more than that from other dealers, well thats high and overpaying, heres two real examples to help you.
 
example #1
msrp=27150
you agree to pay 24163 (89% of msrp, this would be GREAT}dont think it exists in FLA, read below for answer,,,but not yet...
add destination of 595 {this bank fee is on all FLA leases}
your adjusted cap cost is 24758
residual at 62% (thats what it is for 39 mth lease is 15474
your depreciation or the amount you would pay for usage is 9284 divided by 39 equals 238/mth
your rent fee based on NMAC .002 tier 1 credit would be $80
total of lease monthly payment 318 add 6% for tax total payt 337.
 
AN EXCELLENT DEAL....best in USA, not kidding,,,
 
now if your agree to pay is fiqured at 94% , which is what the dealers in Broward county are figuring then....
msrp 27150
agree to pay 25521
plus destination, gives adjusted cap cost of = 26116
residual 16322
depreciation 9793 /39 = 251/mth.
rent fee is 85/mth
total 336
6% tax +20 =
total 356.
 
THIS IS A REAL GOOD DEAL TOO.
 
SO REAL FIGURES ARE 337 TO 356....print this bring it to your dealer...and after he gives you figures, match it against this...I know these two examples are real.
 
as for your $1000 down which includes 1st payment....OK....that leaves $700 that needs to go to pay
title (even if your transferring from another car..approx 260 in fl.
taxes in advance ,,approx 60
florida fee 70
documentary fees, or doc fees which are state intangibles and must be paid for putting another car on florida roads is approx 500 (closer to 600)
 
that adds up to 890...so giving the dealer 1000 for this and your first payment is very good...dealer eating a little.
 
just know your 299+ tax figure for a 27K car doesnt compute. it would mean the dealer selling you the car to get to the adjusted cap cost would be selling it to you for 79 % of msrp....as I said, it doesnt compute, No dealers sell new cars that cheap. Now 88-91% of msrp is generally their dealer cost (as fitzmall sells cars for up North, because he does huge volume in a 3 state area, way more than any dealers in Broward county including autonation Maroone and coral springs auto mall , the rest are Independents), and Yes you can get it at that , in FLA, doubtful, up noprth at a mega dealer, yes..so therefore a 93-94% of msrp is definitely real.
 
So its 337 (this is based on a 89% sales price from msrp) to 356 (figured at 94% )....these percentages with nothing down as your doing (your $1000 is going to fees and 1st payment) as i was saying, these differences in percentages of msrp will give you your adjusted cap cost before destination fee.
 
good luck.
 
please let me know how you did, and let me know the dealer please, because Ill be there right behind you...

#1666 of 1911 Re: 2013 Nissan Altima 2.5 SV 39 Month Lease [steen013altima] by nathanielk

Sep 02, 2012 (6:09 pm)

Replying to: steen013altima (Sep 02, 2012 3:14 pm)
Wow, data overload in that response, but I appreciate the time you put in (even though I went to law school to avoid math, I think I got about 50% of what you put in there).
 
Here's the data from my lease agreement.
 
Agreed upon sales price for vehicle - $24,589.76
Acquisiton Fee - $595.00
Total Capitalized Cost - $25,164.76
Total out of pocket - $1,000.00 - $434.50 cap. cost reduction, $316.94 first month payment
Registration/tax/ttile - ($150.00, $26.07, $3.99 and $68.50 - total $248.56)
Residual value - $16,290.00
 
I don't know what else I can tell you that helps you crunch the numbers. This is from a dealer that I've gotten my last several vehicles through (2x 2003 Nissan Altima 3.5s, 2006 2.5 S Altima, 2006 Nissan Murano, 2009 Altima 2.5SL and 2010 Nissan Maxima SV (along with one or two pre-owned during the same 9+ years) so I like dealing with them and have trust that they give me a good deal. This time, however, I didn't do any research and was just checking to see whether they did me right....which it sounds like they really did.

#1667 of 1911 Re: 2013 Nissan Altima 2.5 SV 39 Month Lease [nathanielk] by steen013altima

Sep 04, 2012 (12:24 pm)

Replying to: nathanielk (Sep 02, 2012 6:09 pm)
wow, double wow, this is a fantastic deal NO DOUBT ABOUT IT ! To get a sales price at 90% of msrp and a residual of 66%, tremendous deal, congratulations to you.
 
you state, and I quote "this is from a dealer that I've gotten my last several vehicles through" and thats great...since I am also in broward county florida, which dealer did you go to..__________________________________.
 
thanks the info will be used to get me a 2.5 SV
 
i got prices from maroone and coral springs on 2.5S for more money.....so your answer is paramount to me as to the dealer, because I will go and get the same deal, so please help and thanks in advance..
 

#1668 of 1911 13 Altima by mikers1981

Sep 04, 2012 (12:06 pm)

Does anyone have the September rates yet ??

#1669 of 1911 Re: 2013 Nissan Altima 2.5 SV 39 Month Lease [nathanielk] by steen013altima

Sep 06, 2012 (9:04 am)

Replying to: nathanielk (Sep 02, 2012 6:09 pm)
well its a great deal. your agreed upon sales price of 24589 is terrific considering your msrp as you stated is 27150.
so buying at 90% of msrp is great.
 
just gotta wonder what the dealer is getting back from the nissan manufacturer, because dealer cost for this new just introduced model is 91%, so the dealer has got to have real good incentives to sell it at below dealer cost.
 
there are no rebates on the car, and there really isnt even good lease money factor on the car yet either (its .002).
 
so in conclusion congratulations. best deal Ive heard of , hands down and Im anxious to get it too.
 
as for the dealer you purchased from in broward county , florida....it would be helpful to me, Im buying an altima this weekend or next, and Id really like to know, Ive been to maroone, weston, pompano, esserman, coral springs even bill siedle. , Ive been to these but not for the deal you got, so ...is it one of these or a different one...thanks in advance... the ammunition , (your numbers) are great , now I just need to know which dealer to go to, to prove it to them that this is the comparable deal they have sold at. thanks again.

#1670 of 1911 Re: 2013 Nissan Altima 2.5 SV 39 Month Lease [steen013altima] by pegasus17

Sep 06, 2012 (11:11 am)

Replying to: steen013altima (Sep 06, 2012 9:04 am)
ref: 1669
Before you jump on an unlikely deal, you might want to check out the new Accord on sale 9/19. i am cross-shopping these 2 vehicles as well as the NEW fusion for my future car purchase. Competition is fierce; buyers are in control for a change...good hunting
 
http://www.autonews.com/apps/pbcs.dll/article?AID=/20120905/OEM04/120909960/2013- -honda-accord-gets-wholesale-changes

#1671 of 1911 2013 Altima by mikers1981

Sep 07, 2012 (9:25 am)

Can someone confirm this for me ? I emailed a dealer about lease pricing, and he quoted me the national deal prices. This is what he said about the $4000 or so due at signing including all fees.
 
"When Nissan does a national lease, the dealer sells car at invoice, that is the cost of the car. The 2399.00  comes of the invoice price of the car. That is why the tax,tags.doc fee are seperate"
 
I was under the assumption Nissan lease deals were sold at msrp

#1672 of 1911 Re: Altima 2013 Lease 24 months [altimaguy24] by es8719

Sep 07, 2012 (2:11 pm)

Replying to: altimaguy24 (Aug 17, 2012 10:22 pm)
Hello,
 
Thanks for posting. I'm currently in the market for a 2013 Nissan Altima and live in NY. Could you please tell me the name of the dealership and the model that you are going for! I would appreciate it!

#1673 of 1911 Re: 2013 Altima [mikers1981] by dylrex

Sep 08, 2012 (6:17 am)

Replying to: mikers1981 (Sep 07, 2012 9:25 am)
Here's the fine print from the national deal. If you do the math, you're assumption is correct. They are selling the car at MSRP minus your money down. They're not selling the car at invoice minus your money down.
 
2013 Altima 2.5 S with Splash Guards and Mats Lease
24 Months - $219/Month - $2,399 initial payment.
 
Excludes taxes, title, and license. $2,399 initial payment required at consummation. (Includes $2,180 consumer down payment, $219 first month payment.) (Offer valid only when financed through Nissan Motor Acceptance Corporation.)
 
2013 Altima 2.5 S with Splash Guards and Mats lease model 13113 subject to availability to well-qualified lessees through Nissan-Infiniti LT. $23,555 MSRP incl. destination charge. Net capitalized cost of $20,514 includes a $595 non-refundable acquisition fee. Dealer contribution may affect actual price set by dealer. Monthly payments total $5,256. At lease end, purchase for $16,489, plus purchase option fee up to $300 (except KS & WI), plus tax, or pay excess wear & use plus $0.15 per mile for mileage over 12,000 miles per year. Lessee is responsible for maintenance and repairs. Disposition fee due at termination of lease term. No security deposit required. See participating dealer for details. Offer ends 10/01/2012.

#1674 of 1911 Altima by mikers1981

Sep 08, 2012 (10:09 pm)

Yea, I don't think he wanted to listen to me on that. He told me a 13 2.5sl 12k a year, 39 months will be $415 a month. I told him he's crazy. He kept insisting on his sticker price of 29xxx even though they had the overstock.com price of 26xxx

Messages Page 168 of 192

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