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Nissan Altima Lease Questions

1904 messages,  Last post on May 19, 2013 at 6:27 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 182 of 191

#1810 of 1904 Re: MF/Residuals [mdspinner] by Car_man HOST

Feb 19, 2013 (4:59 pm)

Replying to: mdspinner (Feb 19, 2013 8:38 am)
Certainly mdspinner. Nissan Motor Acceptance Corp.'s February buy rate lease money factor and residual value for a 36-month lease of a 2013 Altima 2.5 SL with 12,000 miles per year are .00072 and 61% for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical lease of a 2013 Altima 3.5 SL are .00072 and 62%.
 
I don't think that Nissan is providing support on 39-month leases of these cars right now.
 
In the Northeast, Nissan is providing a $375 cash incentive on leases of the '13 Altima Sedan.
 
It's difficult to say what Nissan's March programs on the Altima will be like. I can tell you that there was no improvement in the Altima's programs from February to March last year, but...this is a different situation because the car was redesigned. Manufacturers usually try to cut way back on support on recently redesigned models when they are first introduced. The eventually have to ease back into it as the months progress. That's what seems to be happening with the '13 Altima. So it probably wouldn't hurt to wait if you're not in a hurry.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1811 of 1904 Re: How Did I Do [mdspinner] by Car_man HOST

Feb 19, 2013 (5:01 pm)

Replying to: mdspinner (Feb 19, 2013 1:44 pm)
Hey mdspinner. Banks' residual values are usually essentially set in stone and cannot be negotiated. Vehicles' base money factors are set by banks, but dealers are allowed to mark them up from time to time. That's why it is important to find out what the buy rates are for the model that you are interested in prior to entering into negotiations.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1812 of 1904 Re: How Did I Do [mdspinner] by iusjaa1

Feb 21, 2013 (3:30 pm)

Replying to: mdspinner (Feb 19, 2013 1:44 pm)
How did you get 63% residual? MSRP of $28,780 with residual of $16404 = 57% residual.

#1813 of 1904 2013 Nissan Altima 2.5 SV w/ Conv Package by chasfm

Feb 23, 2013 (6:43 am)

I have a deal offered:
 
$24,801
$279/mth
.60 residual
.00072 MF
 
However, the dealer says he will use 2 vouchers to get the cap cost down enough to hit that monthly payment. But he wont tell me the final cap cost and I have no info on the vouchers. I may not qualify for those vouchers. Any advice on how to proceed?

#1814 of 1904 Re: 2013 Nissan Altima 2.5 SV w/ Conv Package [chasfm] by pegasus17

Feb 23, 2013 (11:23 am)

Replying to: chasfm (Feb 23, 2013 6:43 am)
REF: 1813
Interesting deal. Quite low for the SV. However, without FULL DISCLOSURE, i would walk. Plenty of other choices in this segment (Accord, Camry, Sonata).
BTW, a better, attainable price is 24200

#1815 of 1904 Re: Nissan Altima: Lease Questions [Car_man] by oliver75

Feb 24, 2013 (11:27 am)

Replying to: Car_man (Aug 31, 2005 5:02 pm)
2013 Altima 3.5SL w/technology 36mo 12,000 miles per yr. for $397.00, I pay $706.00 which includes 1st mo lease pmt. The $397.00 seems high since Acura quoted $400.00 on a new lease on a TL front wheel drive and their sticker price is higher. I have 1 mo left on my Acura TL with only 27,000 miles versus the 36,000 allocated on the lease (not sure that matters). Altima will pay last lease pmt on the TL. Can I do better on the Altima I live in Illinois.....thank you!

#1816 of 1904 Re: Nissan Altima: Lease Questions [oliver75] by pegasus17

Feb 24, 2013 (11:38 am)

Replying to: oliver75 (Feb 24, 2013 11:27 am)
REF: 1815
1. Have you considered trading the TL in if it has positive equity (value > payoff)?
2. For that money, you can get the new Accord and still get a real tranny (not a CVT)
 
http://pictures.dealer.com/v/vosshondaoh/1727/ac8044a50a0d02b701c6bbd3e20030ec.j- pg

#1817 of 1904 Re: #1815 [Car_man] by oliver75

Feb 24, 2013 (1:22 pm)

Replying to: Car_man (Feb 19, 2013 4:59 pm)
Hi Car Man - uncertain on the deal presented to me can you read #1815 and let me know your thoughts? Would like another opinion,

#1818 of 1904 Re: #1815 [oliver75] by pegasus17

Feb 24, 2013 (2:41 pm)

Replying to: oliver75 (Feb 24, 2013 1:22 pm)
If you can provide msrp and selling price, i can calculate the proper payment using this info from an earlier post:
"The numbers for an otherwise identical lease of a 2013 Altima 3.5 SL are .00072 and 62%.
I don't think that Nissan is providing support on 39-month leases of these cars right now.
In the Northeast, Nissan is providing a $375 cash incentive on leases of the '13 Altima Sedan. "
 
4dr Sdn V6 CVT 3.5 SL msrp $30,560 invoice $29,278
 
UPDATE: Used the above data (no incentive, invoice sell price, pre-tax) i get 339/month for the std 36 month, 12k mile lease. Tax on leases varies by state so you have to add that in appropriately...

#1819 of 1904 Re: 2013 Nissan Altima 2.5 SV w/ Conv Package [chasfm] by chasfm

Feb 25, 2013 (1:47 pm)

Replying to: chasfm (Feb 23, 2013 6:43 am)
this same dealer sent me an offer that didnt include the T/T/L. when i asked about it he said
Correct. Right now Nissan has Tax Credits so you will not be paying Taxes on this car.
 
i asked for more details and if he had alink explaining this program. his reply
It is no a published program for the general public. It is an internal program for Nissan dealers, meaning we do not have to tell you about it. It is usually used from profit, but I am giving it to you upfront in order to be aggressive and earn your business.
 
is there such a thing? i am not the most experienced car buyer but i have never heard of a dealer essentially eating the tax. any guidance would be appreciated. thanks.

Messages Page 182 of 191

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