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Nissan Altima Lease Questions

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

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

Messages Page 173 of 191

#1715 of 1903 Re: 2013 Altima sedan nov12 lease money factor and residuals? [mc22] by Car_man HOST

Nov 12, 2012 (5:50 pm)

Replying to: mc22 (Nov 04, 2012 8:22 am)
Here's the information that you're looking for mc22. Nissan Motor Acceptance Corp.'s November buy rate lease money factor and residual value for a 24-month lease of a 2013 Altima Sedan 2.5 SV with 15,000 miles per year are .00130 and 69% for consumers who qualify for its top credit tier. The numbers for an otherwise identical 36-month lease are .00147 and 60%.
 
Here's the rest of the numbers for the other models:
 
2.5 SL: .00130 / 67% & .00147 / 59%
3.5 SV: .00130 / 71% & .00147 / 62%
3.5 SL: .00130 / 70% & .00147 / 61%
 
Yes, the $625 regional cash incentive on leases of this car is still available in November.
 
Nissan might have an Auto Show rebate, but I haven't seen anything about it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1716 of 1903 Re: 2013 Altima 2.5 SL [refrunner] by Car_man HOST

Nov 12, 2012 (5:53 pm)

Replying to: refrunner (Nov 11, 2012 2:43 pm)
Here you go refrunner. Nissan Motor Acceptance Corp.'s November buy rate lease money factor and residual value for a 36-month lease of a 2013 Altima Sedan 2.5 SL with 12,000 miles per year in Florida are .00147 and 60% for consumers who qualify for its top credit tier.
 
There is a $625 cash incentive on leases of this car in your state right now.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1717 of 1903 2013 Altima 2.5 SL by brz66

Nov 15, 2012 (10:33 am)

Car Man, do you have the November MF and residual for a 2013 Altima Sedan 2.5 SL with NAV and Tech package - 12K miles & 39 months in New York?
 
Thanks

#1718 of 1903 Negotiating a 2013 Altima 2.5 SV lease by siryelof

Nov 16, 2012 (10:46 pm)

Hey all -- this thread keeps coming up on every search, so now that I have a quote, figure it's time to add my voice/question to the discussion.
 
First the old numbers: I'm finishing up a 39-month lease, my first lease ever, on a 2010 Altima 2.5 S for which I paid $269/month after $3800 down (trade-in + down payment + rebate/incentive) on gross cost of $26288. I have 3 payments left ($810) before it's due back in March. A prelim evaluation by a dealer suggests the small dent on the side door will set me back about $900 in wear & tear charges (or $400 if I take advantage of the -$500 new lease rebate). It's at 33k miles and I was about to get its 30k service when I thought I'd inquire about ending the lease early to start a new one. The dealership was more than happy to oblige and we dug into it together.
 
Now the new numbers: I asked to lease a 2013 Altima 2.5 SV with no extra packages. Its MSRP is $24,100 but including splash mats + floor mats + destination fees = $25,210 total.
 
I asked for rates with $2000 down. He gave me 24 months $309 and 36 months $297.
 
I said I was surprised, given the car cost less than my Altima, that he couldn't come closer to my $269 rate. (Never mind that I put more down with the trade-in.) He postured that the car was recently redesigned, that rates are always higher on redesigned cars, blah blah blah. He asked me to come halfway, increase down payment to $2500 and he could get closer to $269.
 
I said I couldn't. Holidays and all. He asked for $2250. I said I'm better off making my final payments and deciding in February. I packed up to leave.
 
He told me to wait. He finally came back with my same $2000 payment and 36 months $279/month. I got him to agree to leave the deal on the table to the end of the month so I could evaluate.
 
I'm still trying to find the right calculator to understand what I'm paying for interest (he never showed me a term sheet with rates or residuals or whatnot), and whether this is a good deal as a lease or if I should consider switching to buying. I'm paying for that door in Feb if I don't pay for it now, not to mention 30k-mile maintenance, probably tires, and other 3-year surprises.
 
Appreciate any and all opinions, calculations, comparisons, etc., from Car Man or others.
 
--Jeff

#1719 of 1903 Did you know? by nissansucks2

Nov 20, 2012 (12:27 pm)

I was just charged $400 for a "disposition fee"... what does this mean?
 
They charge you $400 if at the end of your lease you decide not to buy or lease another Nissan car.

#1720 of 1903 Re: Did you know? [nissansucks2] by pegasus17

Nov 21, 2012 (8:24 am)

Replying to: nissansucks2 (Nov 20, 2012 12:27 pm)
Fairly common. i am facing the same $400 fee when my Hyundai lease expires. It is clearly stated in the loan docs. FWIW, Honda doesn't charge that and has a fairly liberal damage policy on their leases...

#1721 of 1903 Re: Did you know? [pegasus17] by kresge

Nov 27, 2012 (1:23 pm)

Replying to: pegasus17 (Nov 21, 2012 8:24 am)
Hi guys would love some input on the following deal offered to me;
 
2013 SL with tech package sticker $30000
Negotiated down to $27,875
Residual 60%= $18k
Money factor .00147
$2000 down
36 month/12k
 
Dealer stated that this comes out to $299/month includes tax with $1400 due at signing, which includes 1st pmt. thoughts? By my numbers the monthly pmt should be lower with the given numbers...

#1722 of 1903 Re: Did you know? [kresge] by piston631

Nov 27, 2012 (2:43 pm)

Replying to: kresge (Nov 27, 2012 1:23 pm)
Pegasus17,
 
Here is the deal that I got on Long Island, NY on 11/07/12
 
2013 2.5 SL with Tech Package
Sticker Price: $30,905.00
Negotiated Price: $28,082.96
Residual = $18,233.95
Money Factor: .00147
Money Down: 1st months payment of $375.89 + fees = $548.89 (I probably could have gotten my fees down another $75.00 if I pushed harder)
Monthly Payment: $375.89 (total of 35 payments)
Term: 36 month
Miles Per Month: 15k
 
That's it. Nothing else. The above included all taxes and all fees.
 
I hope this helps,
 
Rich

#1723 of 1903 Re: Did you know? [kresge] by pegasus17

Nov 27, 2012 (4:47 pm)

Replying to: kresge (Nov 27, 2012 1:23 pm)
ref: 1721
I get 359 per month (pre-tax) with zero down using your numbers and a 595 acq fee. I never put down more than 500 out-the-door on a lease. BTW, i got 30280 on the nissan site for a 2.5 SL with tech pkg...

#1724 of 1903 Re: Did you know? [piston631] by pegasus17

Nov 27, 2012 (4:55 pm)

Replying to: piston631 (Nov 27, 2012 2:43 pm)
ref: 1722
I also get 359 (pre-tax) with your numbers (59% residual). Assuming an 8% tax rate in lovely NY state, your payment would be 388 per month. So you got a better deal if your numbers are correct...
http://www.leaseguide.com/calc.htm

Messages Page 173 of 191

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