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Nissan Altima Lease Questions

1140 messages,  Last post on Nov 23, 2009 at 7:02 AM

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

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#41 of 1140 Re: About to buy Altima 2006 2.5 SL [meuseman] by famugrad Dec 02, 2005 (7:32 pm)
Replying to: meuseman (Dec 02, 2005 7:24 pm) Thanks Meuseman...I really appriciate your input!! Any other tips that you could tell me before I go to the dealership will be appriciated. How do u know so much about cars?? experience? Replies to this message: meuseman (Dec 04, 2005 8:31 am) famugrad (Dec 05, 2005 10:53 am)
#42 of 1140 Re: About to buy Altima 2006 2.5 SL [famugrad] by meuseman Dec 04, 2005 (8:31 am)
Replying to: famugrad (Dec 02, 2005 7:32 pm) LOL!! I have been reading these boards religiously for about 3 months. You can learn a lot. My Brother-in-law is a General Sales Manager for a luxury dealership and i learn a lot from bouncing questions off of him. The last tip i can give you is that if they try to change the terms of the deal on the fly, walk away. Don't get yourself so invested in a deal that you can't bring yourself to walk away from it. Good luck with the Altima. I realy like that car! Replies to this message: famugrad (Dec 05, 2005 10:53 am)
#43 of 1140 Re: About to buy Altima 2006 2.5 SL [meuseman] by famugrad Dec 05, 2005 (10:53 am)
Replying to: meuseman (Dec 04, 2005 8:31 am) Carman/Meuseman,   How long does it usually take for carman to respond?   Yea, I wish I would have found out about this board a long time ago...I have learned so much over the past couple of days, its amazing. There is also alot of basic information about leasing on leaseguide.com. It really breaksdown everything that goes into caculating lease payments.
#44 of 1140 2006 Altima 2.5S w/ Spec Ed Pkg by b22squared Dec 07, 2005 (6:29 pm)
Hello carman,   Could you help me determine the residual value/money factors for December and monthly payment for the following? Thanks in advance for your help!   06 Altima 2.5S w/ Spec. Ed. Pkg.(auto) - MSRP $22,115 Price paid before tax ($20,800) after tax ($22,250 - 7%) - zero down (will pay acq fee, 1st month, etc. w/ cash - security deposit waived) Plse provide for 36 and 39 month options 15k miles/year * I qualify for $500 student prog. discount + $1,250 cash back but not sure if these can be combined w/ lease options quoted above.   Thanks so much for your help, I'll be pulling the trigger on an Altima right around year end. Replies to this message: Car_man (Dec 20, 2005 2:55 am)
#45 of 1140 Looking to buy a 2006 SE-R by georgiman1 Dec 09, 2005 (8:38 am)
Can someone take a look at post #27 and let me know what they think and what I can expect as a monthly payment? Thanks for your help!
#46 of 1140 December event Lease rates by shepali Dec 11, 2005 (8:08 pm)
carman - can you please tell me the December lease specials (MF and residual) for a 24 and 36 month lease with 15,000 mi/yr for a both 3.5SE and 3.5SL. Thanks. Replies to this message: Car_man (Dec 20, 2005 2:58 am)
#47 of 1140 Re: Looking for MF and Residual for an 06 Altima 2.5 SL [andy2812] by Car_man HOST Dec 19, 2005 (4:00 am)
Replying to: andy2812 (Nov 14, 2005 6:27 am) Unfortunately, Andy, Nissan's normal customer cash incentives are not compatible with its special lease program. It does have special lease cash that is on a number of vehicles, but the 2006 Altima is not one of them.   Car_man Host Smart Shopper / Prices Paid Forums
#48 of 1140 Re: 06 Altima 3.5 SL lease [carguy8532] by Car_man HOST Dec 19, 2005 (4:06 am)
Replying to: carguy8532 (Nov 19, 2005 11:57 am) Hi carguy8532. Did you say that you want to make a $6,000 down payment on your lease. Yikes don't do it. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your Altima would be exactly the same, regardless of whether you had put $6,000 down, or had made absolutely no down payment at all. You would be better off keeping that money in the bank and using it to supplement or make a number of your lease payments for you.   Let's calculate what your lease payment will be on the car that you are interested in. According to my calculations, if you were to lease a 2006 Nissan Altima 3.5SL with an MSRP of $28,065 and a selling price of $24,606 through Nissan Motor acceptance Corp. right now for 24 months with 15,000 miles per year, its zero down, pre-tax monthly payment should be around $276. That's a heck of a good lease payment for such a nice car.   Car_man Host Smart Shopper / Prices Paid Forums
#49 of 1140 Re: Altima 2.4 S Lesae [allencali] by Car_man HOST Dec 19, 2005 (4:08 am)
Replying to: allencali (Nov 21, 2005 9:40 am) You're welcome Allen. Here's the info that you are looking for. If you were to lease a 2006 Nissan Altima S through NMAC right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00078 and 58%, respectively. The numbers for an otherwise identical 39 month lease should be .00090 and 56%, respectively. I don't believe that NMAC offers 10,000 miles per year leases on Nissan division models.   Car_man Host Smart Shopper / Prices Paid Forums
#50 of 1140 Re: 2006 Altima SE-R lease [georgiman1] by Car_man HOST Dec 19, 2005 (4:14 am)
Replying to: georgiman1 (Nov 21, 2005 9:52 am) Greetings georgiman1. You can find the dealer invoice of the car that you are interested in by visiting the appropriate page in the following section of this site: Edmunds.com - New Vehicle Pricing. As far as its lease program goes, if you were to lease a 2006 Nissan Altima SE-R through Nissan Motor Acceptance Corp. right now for 39 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00090 and 53%, respectively. 15,000 miles per year is the highest mileage allowance that NMAC publishes residual values for. If you need more miles than this, you will have to purchase them on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.   In your post you mentioned that you want to pay $3,500 up front. All you really have to pay at lease signing is your vehicle's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 increment, and NMAC's $550 lease acquisition fee. You shouldn't pay any taxes or make any sort of down payment up front. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your Altima would be exactly the same, regardless of whether you had put several thousand dollars down, or had made absolutely no down payment at all.   Car_man Host Smart Shopper / Prices Paid Forums

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