Last post on Nov 27, 2013 at 6:28 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Nissan Altima, Nissan Altima Hybrid, Car Leasing, Sedan
#1833 of 2048 Altima 2.5 SV 2013 Lease
Mar 04, 2013 (9:54 pm)
I'm so confused - any help would be greatly appreciated!
I have this lease pending in CT:
$329/month for 36 months, no money out of pocket:
2013 Altima 2.5SV w/Navigation and Convenience pkg (moonroof)
Illuminated kick plates included
All Weather Floor Mats
Oil changes no charge for one year
12,000 miles per year
36 month term
Dealer pays remaining 3 months of 6 payments remaining on my 2010 Rogue ($349/mo = $1047)
Nissan waives 3 months of 6 payments remaining on Rogue ($1047)
Lease Loyalty Discout $500
Lease Cash Discount $375
Marketing Assessment Waived ($246)
VIN Etch waived ($199)
$0 down including all taxes and fees
MSRP 30,525 (this seems high to me??)
Acquisition Fee $595
Fees and Insurance $872
Upfront Taxes $148
Rebate as cap reduction $875
Money Factor .00073 (1.752%)
This is all the stuff itemized on the sheets printed out for me by the dealer..... what am I missing? All the calculators I've used on line come up with a lower monthly payment.... ???
#1834 of 2048 Re: March Residual and MF [Car_man]
Mar 05, 2013 (6:47 am)
For numbers (new york), I was just in the dealer's office and they gave me the following:
SL V6: 12K, 36 months: 62% residual, .00118 MF
SL 2.5: 12K, 36 months: 58% residual, .00118 MF
Carman, would/should there be a difference than the .00073 and 57% you quoted above on the 2.5 sl?
#1835 of 2048 Re: Altima 2.5 SV 2013 Lease [joycea]
Mar 05, 2013 (6:52 am)
Couple things. First, Fees and insurance. Where do they get this #? Acquisition fee is usually in the MSRP--make sure its not in there twice.
Second, navigation usually knocks down the residual at least a point or two.
Third, what is the sales price of the car, MSRP minus rebates/loyalty cash? I would negotiate the sales price of the car before taking account of the rebates. Go on here, figure out the TMV and try and get that.
#1836 of 2048 Altima 3.5 SL
Mar 05, 2013 (10:42 am)
In the middle of a negotiation for a 2013 Altima 3.5 SL without the Tech Package. Anyone have any Cap Cost comparisons for that car? Think list is roughly $31,500 to $31, 900. Just curious what prices people have negotiated down to.
Car Man, do you have the money factor and residual value figures for the 3.5 SL for the month of March?
Thanks for your time in advance.
#1837 of 2048 Re: Altima 3.5 SL [nsolis]
Mar 07, 2013 (7:10 pm)
We just leased a 2.5 sv with convenience package and navigation system over 36 months. We put $2600 down and our payments are $216/month. Did we get a good deal?
Mar 08, 2013 (9:11 am)
Is the $375 lease cash available in Nevada? I received a quote that didn't include it.
Mar 08, 2013 (9:34 am)
Wondered if anyone knew the lease numbers for a 3.5SL with Tech pkg (if that mattered), 39 mos, 15K (possibly 18K). I'm in New York.
#1840 of 2048 Re: March Residual and MF [mdspinner]
Mar 09, 2013 (10:27 pm)
Just got my 2.5 SV with convenience pkg. MSRP 26.700 Lease payment $320 including tax 0 money down. First payment made by the dealer. Seems that the money factor went up for march lease program. To find what is your corresponding interest rate just multiply your money factor by 2400.
#1841 of 2048 Altima 3.5 SL
Mar 10, 2013 (2:50 pm)
Just finished my new lease deal at AutoFair Nissan in Massachusetts. Massachusetts has a 6.25% tax rate.
Nissan Altima 3.5 SL, Black/Black; everything included except Tech Package. (No need for NAV in 2013 and the presence of smart phones/personal GPS devices; the 3 other parts of the NAV package seemed excessive.)
PRICE OF CAR
MSRP - $31,475
Selling Price - $28,000
Acquisition Fee and Doc Fee - $595 + $372 = $967
Rebates - $500 Loyalty and $375 Leasing Altima = ($875)
Total Cap Cost - $28,092
Money Factor - .00073
15K Miles Per Year/Residual of 60% of MSRP - $18,885
MONEY PAID AT DEALER AT CLOSING
First Months Payment/Title Fee/Registration Fee/Minimal Cap Cost Reduction and Associated Tax to get my payment to an even $301 = ($301/$50/$75/$236.22 and $14.76) = $677
$283.30 + $17.70 = $301/month.
Moreover, I turned in my 2010 Nissan 2.5 SL lease and per usual with Nissan, they waived my wear and tear charges of $380. (They waive up to $500 if you buy/lease another Nissan).
How'd I do Car_man?
#1842 of 2048 Re: Altima 3.5 SL [newgirl12345]
Mar 10, 2013 (2:53 pm)
It's hard to know newgirl12345 without knowing the MSRP and Negotiated Selling Price of the vehicle. Moreover, I've never found it to be a good idea to put a huge amount of money down on a lease; just my opinion, but I know it's shared by others.