Last post on Dec 09, 2013 at 6:58 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Nissan Altima, Nissan Altima Hybrid, Car Leasing, Sedan
#500 of 2050 Re: Altima Hybrid Help [popny85]
Feb 01, 2008 (2:27 am)
Welcome popny85. Yes, one can lease an Altima Hybrid through Nissan's captive finance company. This car's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so 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. NMAC's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Altima Hybrid with 15,000 miles per year are .00249 and 55%, respectively.
Prices Paid: Buying & Leasing Experiences Forum
#501 of 2050 Re: Altima Hybrid Help [Car_man]
Feb 01, 2008 (8:18 am)
Hey Car Man, question for you...I'm not too well schooled on all the residual value/leas money factor stuff but I am very interested in leasing a hybrid. What am I looking at for the following needs:
Lease term: 39 month
Miles needed per year: 12,000 or 15,000
Model: Hybrid, completely loaded, MSRP 32,000 I believe.
Trade in value: 0
I'd like to know both what I'd be paying a month and how much my monthly payment decreases with each additional $1000 (past the $3000) that I would put down.
#502 of 2050 Feb. Lease rates for 2.5S CVT?
Feb 09, 2008 (7:37 pm)
Could you please provide the MF & Residual for 24 & 36 month term on the 2.5S Altima Sedan with CVT? Mileage would be 10 or 12K per year. Thank you.
#503 of 2050 Also Can Consumer Cash be applied to a lease?
Feb 09, 2008 (7:38 pm)
I see Nissan is offering consumer cash of $1000. Can this be applied to a lease or purchase only? Thanks again.
#504 of 2050 2008 Altima 2.5S / SL Pkg. - Any Feedback Please
Feb 12, 2008 (11:03 am)
Hello - I am pretty close to locking a deal and could use some feedback. Let me know what you think....
2008 - Altima 2.5S w/ SL Package
(Includes other minor misc options - Emerg. roadside kit, wind deflector, etc.)
Lease Term: 24 Months
Total Out of Pocket Down: $2,423
Monthly Payment (inc. tax): $254
This includes a single tire replacement and free oil changes for life of lease.
Feb 12, 2008 (1:29 pm)
Save your down payment. Go with a higher monthly payment and keep your cash to offset the increase. If you total the car, your insurance company will only payoff the lease balance and you will lose your equity. For example: put $2,400 down and pay $254 per month. Total the car in month 12. You lose the entire $2,400. Put $0 down and pay $100 more or $354/month. Total the car in month 12. You lose only $1,200 and have $1,200 for your next car.
#506 of 2050 Re: 2008 Altima 2.5S / SL Pkg. - Any Feedback Please [nyc_carguy]
Feb 12, 2008 (4:24 pm)
Sounds good. To know for sure, what is the MSRP, whats the Selling Price, or Capitalized cost of the vehicle?
Whats the MF?
Residual? I think its 70%
Whats the breakdown of the up front, first, tax, other?
#507 of 2050 Re: 2008 Altima 2.5S / SL Pkg. - Any Feedback Please [steevo]
Feb 13, 2008 (11:11 am)
It is like pulling teeth to get this information from these guys. I have the salesman working on it. From what I understand (and anyone can tell me if I am wrong) is that if you are going with NMAC (Nissan Finance) MF and Residual are pretty standard. Still want to know what they are though.
Up front is Tax, Bank Fee, Motor Vehicle Fees, 1st Month Payment.
I am working to get the exact numbers on everything to see what I am applying as a cap cost reduction. Will let you know once I have everything.
#508 of 2050 Re: 2008 Altima 2.5S / SL Pkg. - Any Feedback Please [nyc_carguy]
Feb 14, 2008 (11:20 am)
Your up fronts sound like there is also a payment to reduce the monthly. I only need the MSRP and the selling price to asses this deal.
The Residual is 70% and the MF I think is .00140.
There should be no teeth to pull to get the MSRP and Selling price of the car you are leasing......
The payment seems low but there is probably a cap cost reduction you are paying up front...
#509 of 2050 2008 Altima 2.5S / SL Pkg. - Any Feedback Please
Feb 14, 2008 (11:37 am)
MSRP is $25,775
Selling Price (Car w/options and destination fee) is $23,770
For reference, Invoice is $23,975