Nissan Altima Lease Questions

1905 messages,  Last post on May 21, 2013 at 9:04 PM

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

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

#408 of 1905 Hi, i just purchased a lease by jv0704

Oct 12, 2007 (12:01 pm)

Hi, I just purchased a lease for 08' Nissan Altima 2.5S Base package white.
 
I have traded in my 350z which had $7500 left on the car and paid $2000 down and got a lease payment for $270/month. I have excellent credit.
 
Lease was for $12k miles and for 39 mo.
 
Did I get a good deal on this?
 
I thought I was getting the best possible deal there is but reading some of these posts it feels like not so.

#409 of 1905 Re: Hi, i just purchased a lease [jv0704] by dexion

Oct 12, 2007 (1:30 pm)

Replying to: jv0704 (Oct 12, 2007 12:01 pm)
If I understand what you're saying correctly, you still owe'd $7500 on the Z that had to get rolled into the Altima and put down $2000 so yes if thats what you did thats a good deal. Damn going from the Z to the 2.5 must have been a killer!

#410 of 1905 Re: Hi, i just purchased a lease [jv0704] by qbrozen

Oct 12, 2007 (8:15 pm)

Replying to: jv0704 (Oct 12, 2007 12:01 pm)
i'm not understanding it quite as easily. You owed $7500 on the Z? But what was it worth as a trade?

#411 of 1905 Re: Need Lease Info Please [kimble22] by Car_man HOST

Oct 17, 2007 (3:16 am)

Replying to: kimble22 (Sep 12, 2007 2:47 pm)
Hello kimble22. Here's the information that you're looking for. Nissan Motor acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2007 Nissan Altima 2.5S with 15,000 miles per year are .00155 and 57%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#412 of 1905 Re: Need Lease Info Please [mlees33] by Car_man HOST

Oct 17, 2007 (3:18 am)

Replying to: mlees33 (Sep 13, 2007 1:50 pm)
Hi mlees33. NMAC's lease money factors do not vary by mileage allowance, but its residual values do. Its residuals for leases with only 12,000 miles per year are 1% higher than its residuals for 15,000 mile per year leases.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#413 of 1905 Re: 2008 Nissan Altima 3.5 Coupe Lease Question [pfje] by Car_man HOST

Oct 17, 2007 (3:36 am)

Replying to: pfje (Sep 18, 2007 4:52 am)
Here you go, pfje. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2008 Nissan Altima 3.5 Coupe with an automatic transmission and 15,000 miles per year are .00259 and 66%, respectively. Using these numbers, an MSRP of $26,515, and a selling price of $26,000, I estimate that this car's zero down, pre-tax monthly payment should be around $467. As you can see, it is pretty expensive to lease this car for two years. The payment for an otherwise identical three year lease would drop to a more reasonable $423.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#414 of 1905 Re: 2007 Altima lease questions [footinthefire] by Car_man HOST

Oct 17, 2007 (4:06 am)

Replying to: footinthefire (Sep 21, 2007 12:03 pm)
Hello footinthefire. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2007 Nissan Altima 2.5 S with 12,000 miles per year are .00155 and 58%, respectively. The numbers for an otherwise identical lease of a 2007 Altima 3.5 SE are .00175 and 57%. Nissan is not currently providing any cash incentives on leases of this model.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#415 of 1905 Re: '08 Altima Coupe 2.5 lease [pjneder] by Car_man HOST

Oct 17, 2007 (4:09 am)

Replying to: pjneder (Sep 26, 2007 7:40 am)
Hi pjneder. One dollar over dealer invoice is a very good price for a lease of an '08 Altima Coupe right now. I would be happy to give you an idea of what this car's lease program is currently like, but it varies by term and mileage allowance. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2008 Nissan Altima 2.5 Coupe S with an automatic transmission and 15,000 miles per year are .00259 and 58%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#416 of 1905 Re: 2008 Altima 2.5SL lease [jng657] by Car_man HOST

Oct 17, 2007 (4:12 am)

Replying to: jng657 (Sep 27, 2007 8:48 am)
Greetings jng657. You can look up this car's dealer invoice price in the New Vehicle Pricing section of Edmunds.com. If I was in the market for an '08 Altima Sedan in an area that has a decent level of competition right now, I personally would shoot for a selling price of around $500 over invoice.
 
As far as its lease program goes, if you were to lease a 2008 Altima 2.5 S Sedan through NMAC right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00239 and 63%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#417 of 1905 VPP + Student Discount = good deal? by jat12

Oct 17, 2007 (6:21 am)

I recently got a quote from a LI dealer for a 2008 Nissan Altima with navi/technology package....
 
I have a VPP and also a student so thats two discounts and this is my quote...
3055 down
253/mo
12k per year
24 month lease
 
I feel like I am being ripped off.... Especially with such a high downpayment... This is my first time doing the negotiations and I need some serious help! I know negotiations can be made further because they said if i were to buy the car that night they would give me a better deal..... Is this a good deal though? What prices would you suggest me aiming to negotiate for? Is it possible to get the 07 with all these features? The salesperson told me 07 and 08 are priced exactly the same (which didnt make sense to me). I need help!
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