Last post on Nov 27, 2013 at 6:28 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Nissan Altima, Nissan Altima Hybrid, Car Leasing, Sedan
#1716 of 2048 Re: 2013 Altima 2.5 SL [refrunner]
Nov 12, 2012 (4:53 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.
Prices Paid: Buying & Leasing Experiences Forum
#1717 of 2048 2013 Altima 2.5 SL
Nov 15, 2012 (9:33 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?
#1718 of 2048 Negotiating a 2013 Altima 2.5 SV lease
Nov 16, 2012 (9:46 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.
Nov 20, 2012 (11:27 am)
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 2048 Re: Did you know? [nissansucks2]
Nov 21, 2012 (7:24 am)
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 2048 Re: Did you know? [pegasus17]
Nov 27, 2012 (12:23 pm)
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
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 2048 Re: Did you know? [kresge]
Nov 27, 2012 (1:43 pm)
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,
#1723 of 2048 Re: Did you know? [kresge]
Nov 27, 2012 (3:47 pm)
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 2048 Re: Did you know? [piston631]
Nov 27, 2012 (3:55 pm)
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...
#1725 of 2048 Re: Did you know? [pegasus17]
Nov 27, 2012 (5:01 pm)
I took the numbers directly off the Nissan Lease Contract. Sales tax in my county is 8.625%. The MSRP you found for the car on the Nissan website probably did not include a couple of the extras on my car. The car I leased has illuminated kick plates, exterior ground lighting, trunk first aid and road hazard kit and possibly another extra or two. The extras pushed the MSRP up to $30,905. Best of luck. I hope the info I shared with you helps you to get the best deal possible.