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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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#51 of 1140 Re: 06 Altima 3.5SE automatic - money factors/res values??? [tomflannery] by Car_man HOST Dec 19, 2005 (4:18 am)
Replying to: tomflannery (Nov 24, 2005 4:40 am) Hi tomflannery. Vehicles' residual values are based upon a percentage of their full MSRPs, including any options that can be residualized (which in Nissan's case is any factory installed options) and the destination charge.   At lease signing, you will have to pay your vehicle's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 increment, NMAC's $550 lease acquisition fee, and any required state taxes or fees.   This car's exact money factor and residual value vary depending upon how long your lease is and your mileage allowance. Let's say that you were to lease a 2006 Altima 3.5SE through NMAC right now for 36 months with 15,000 miles per year. Its buy rate lease money factor and residual value would be .00093 and 55%, respectively.   Car_man Host Smart Shopper / Prices Paid Forums
#52 of 1140 Re: Sorry...one more [tomflannery] by Car_man HOST Dec 19, 2005 (4:19 am)
Replying to: tomflannery (Nov 24, 2005 5:05 am) Hey Tom. You should be able to work fees like your vehicle's lease acquisition fee, or any required state taxes or charges like registration into your vehicle's lease payment by adding them to its capitalized cost if you want to.   Car_man Host Smart Shopper / Prices Paid Forums
#53 of 1140 Re: About to buy Altima 2006 2.5 SL [famugrad] by Car_man HOST Dec 19, 2005 (4:22 am)
Replying to: famugrad (Dec 02, 2005 8:07 am) Greetings famugrad. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   I would be happy to give you my opinion on the deal that you were quoted if you would provide me with this car's MSRP. This number will enable me to see how much of a discount you are being given and to estimate what its lease payment should be using Nissan's actual lease program. I also need you to tell me how long this lease is for and how many miles per year you are allowed to drive it.   Car_man Host Smart Shopper / Prices Paid Forums
#54 of 1140 Re: About to buy Altima 2006 2.5 SL [famugrad] by Car_man HOST Dec 19, 2005 (4:27 am)
Replying to: famugrad (Dec 02, 2005 12:10 pm) Ahhh, I should have scrolled ahead before I asked you for the MSRP. Thanks for the additional information, famugrad. OK, let's work up a lease payment on this car using Nissan's actual December lease program and see what we come up with. According to my calculations, if you were to lease a 2006 Nissan Altima 2.5 SL with an MSRP of $27,185 and a selling price of $25,119 through Nissan Motor Acceptance Corp. right now for 39 months with 15,000 miles per year, its zero down, pre-tax monthly payment should be around $304. If the lease payment that you were quoted includes tax, then it is fairly close to this. The selling price that you were quoted looks good to me.   Car_man Host Smart Shopper / Prices Paid Forums
#55 of 1140 Carman, could you respond to my post above? by b22squared Dec 19, 2005 (10:53 am)
Hi Carman,   I think you may have missed my post re: 2006 Altima 2.5 w/ SE pkg (user:b22squared). I plan on purchasing this car within the next week or so. Thanks in advance for your time and insights!   Brandon
#56 of 1140 Re: 2006 Altima 2.5S w/ Spec Ed Pkg [b22squared] by Car_man HOST Dec 20, 2005 (2:55 am)
Replying to: b22squared (Dec 07, 2005 6:29 pm) Hello b22squared. Here is the information that you are looking for. If you were to lease a 2006 Nissan Altima 2.5S with an MSRP of $22,115 and a capitalized cost of $22,250 through Nissan Motor Acceptance Corp. right now for 36 months with 15,000 miles per year, its zero down, pre-tax monthly payment should be around $296. I used a money factor of 0.00078 and a residual value of 57% to arrive at this payment. The payment for an otherwise identical 39 month lease should be around $285 (0.0009 factor / 56% residual). Please note that you may not have to pay sales tax on the full price of your car, some states only charge tax on the depreciation portion of leases. If this is how its done in your area, your payment would be less. The $1,250 customer cash incentive that you mentioned is not compatible with this lease program but the $500 college grad incentive might me.   Car_man Host Smart Shopper / Prices Paid Forums
#57 of 1140 Re: December event Lease rates [shepali] by Car_man HOST Dec 20, 2005 (2:58 am)
Replying to: shepali (Dec 11, 2005 8:08 pm) I'd be happy to help you out, shepali. If you were to lease a 2006 Nissan Altima 3.5 SE through NMAC right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00093 and 65%, respectively. The numbers for an otherwise identical 36 month lease should be .00093 and 55%.   If you were to lease a 2006 Nissan Altima 3.5 SL through NMAC right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00078 and 67%. The numbers for an otherwise identical 36 month lease should be .00078 and 57%.   Car_man Host Smart Shopper / Prices Paid Forums
#59 of 1140 Leasing now before end of year or next year by jagm96 Dec 29, 2005 (12:51 pm)
Hi Mr. Carman:   Is it better to lease now with the current special offer that Nissan has or is it better to wait and see what offers come in the beginning of the year? I have been told end of year is best time to purchase or lease. Is this true? By the way Happy New Year. My personal issue is that the current lease off is for 12,000 miles and I would like it to be 15,000. Do not know how much cost would increase. I live in Southern NJ near Woodbury. Thank you for your assistance.   Sincerely, John Replies to this message: Car_man (Jan 11, 2006 3:37 am)
#60 of 1140 January Lease Rates by pfje Jan 10, 2006 (12:47 pm)
Car_Man,    Happy New Year! Thanks for the help you provide us with. I would like to know the residuals and money factor for a 2006 Nissan Altima 2.5s and 3.5SE. I am interested in leasing either one for 24 months and 12-15,000 miles/year.    I have negotiated the following prices: 2.5S - MSRP: 22,145 and cap cost: 20,500 3.5SE - MSRP: 25,845 and cap cost: 24,500.    I would appreciate it if you could work up approximate numbers for both vehicle. I would prefer to put very little or no money down. Thank you so much. Replies to this message: Car_man (Jan 11, 2006 3:50 am) rws0131 (Jan 11, 2006 4:26 pm) Car_man (Jan 12, 2006 4:03 am)

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