Last post on Dec 09, 2013 at 6:58 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Nissan Altima, Nissan Altima Hybrid, Car Leasing, Sedan
Sep 07, 2012 (8:25 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 2050 Re: Altima 2013 Lease 24 months [altimaguy24]
Sep 07, 2012 (1:11 pm)
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 2050 Re: 2013 Altima [mikers1981]
Sep 08, 2012 (5:17 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.
Sep 08, 2012 (9:09 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
#1675 of 2050 Re: 13 Altima [mikers1981]
Sep 09, 2012 (8:04 am)
I certainly do mikers1981. Nissan Motor Acceptance Corp.'s September buy rate lease money factor for the 2013 Altima Sedan is .00149. this car's residual values vary by trim level.
Prices Paid: Buying & Leasing Experiences Forum
#1676 of 2050 Re: 2013 Altima [mikers1981]
Sep 09, 2012 (8:07 am)
Hi mikers1981. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. While most manufacturers assume some sort of discount from MSRP in their officially advertised deals, I doubt that Nissan is using a selling price of dealer invoice. The selling price used to arrive at the advertised payment probably assumes some sort of reasonable discount that can be beaten by consumers who live in an area that has a decent level of competition.
Prices Paid: Buying & Leasing Experiences Forum
Sep 09, 2012 (8:25 am)
Wow, that's still a high money factor. I guess we probably won't see lower rates until next year
Sep 10, 2012 (9:29 am)
when did lease rate come down, i was at 2 nissan dealers this weekend, i am tier one, and its still .002 (4.8%) they said., yours at .00149 (3.56%)...when did it change....also called an out of state nissan dealer, and got .002...so if it came down, it was not reflected this weekend.
#1679 of 2050 Re: 2013 Nissan Altima 2.5 SV 39 Month Lease [nathanielk]
Sep 10, 2012 (9:51 am)
you claim you got this but wont say from which Broward county florida nissan dealers of which there are 5. i went to all...none are selling at 89-90% of msrp as you claim.
i wish you provided me with the dealer you went to..but o-well.
i went to all 5, 2 of them gave me on a msrp on a 2013 2.5SV w/ packages etc, a sales price of 25412 (93.6%) of sales price and the other 93.25% of msrp or a sales price of 25317. all the others were at 94-95% of msrp.
using the best price, the deal including 1000 down and after paying taxes regi, and 1st payt etc, left 434 toward cap reduction.
final tally 319. plus broward county 6% sales tax=19=338.
the figures of nathenek of 296 plus 6% tax for a total payment of 316, based on a 89-90% selling price is not attainable by the 5 soputh florida broward county dealers, so says my research.
i also got professional after market tinting, and most important VIN # etching no charge.
now let me explain about VIN # etching...dealers charge about $175 for this. but it will save you on your insurance premium about $19-21 per month.
***PS---shame on you nathenk...you take place in this conversation, then bail...its difficult to believe you after my extensive , exhaustive research.
as for negotiating a lease , and the dealer gives you the national deal, you gotta do homework, check dealers thru-out the usa, see what their msrp to sales price is,,,all the other numbers are set. RV is 60% of msrp, the money factor is what it is for tier 1 if u have v.good credit. these arent numbers the dealer moves off of.
the number dealers move on is msrp to sales price....and if you know how to figure a lease, and there are plenty of websites to know and understand, you can go into a dealer with your numbers, and get it. if not do as I did and walk and go to another dealer. Im fortunate, i have 5 (actuall 8 less than an hour awayy. good luck all.
#1680 of 2050 Re: 2013 Altima [mikers1981]
Sep 10, 2012 (10:02 am)
you have got a lot of homework to do Im afraid, and sorry to say...i did it and you can too to get the best deal you can.
as for negotiating a lease , and the dealer gives you the national deal, you gotta do homework, check dealers thru-out the usa, check different areas, east vs west vs south etc, just pick any four random dealers or better yet look for the mega dealers/auto malls etc..., see what their ratio of msrp to sales price is,,,all the other numbers are set. RV is 60% of msrp, the money factor is what it is for tier 1 if u have v.good credit. these arent numbers the dealer moves off of.
so after msrp, negotiate a price, your sales price...I found dealers in my area were at 94-95% of msrp, i got two at 93.25 and 93.6% of msrp.....they started at 97%...after that, I try to put little down, in my case i went for 1000 down , 338 for first payment,228 for tax etc, and 434 toward cap cost reduction.
the number dealers move on is msrp to sales price....and if you know how to figure a lease, and there are plenty of websites to know and understand, you can go into a dealer with your numbers, and get it. if not do as I did and walk, then go to another dealer. Im fortunate, i have 5 (actually 8 less than an hour awayy. good luck all.