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Prices Paid: Buying & Leasing Experiences
Nissan Altima Lease Questions

1140 messages, Last post on Nov 23, 2009 at 7:02 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Car_man (Feb 01, 2008 2:27 am) 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 Deposit: $3000 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. Thanks! brendan
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Hi Carman, 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.
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I see Nissan is offering consumer cash of $1000. Can this be applied to a lease or purchase only? Thanks again.
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Hello - I am pretty close to locking a deal and could use some feedback. Let me know what you think.... Details 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 Mileage: 12k/annually This includes a single tire replacement and free oil changes for life of lease. Sound reasonable?
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| 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. | |
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Replying to: nyc_carguy (Feb 12, 2008 11:03 am) Whats the MF? Residual? I think its 70% Whats the breakdown of the up front, first, tax, other?
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Replying to: steevo (Feb 12, 2008 4:24 pm) 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.
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Replying to: nyc_carguy (Feb 13, 2008 11:11 am) 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... |
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Steevo - MSRP is $25,775 Selling Price (Car w/options and destination fee) is $23,770 For reference, Invoice is $23,975
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Replying to: nyc_carguy (Feb 14, 2008 11:37 am) Still, the numbers are pretty good. You COULD get a few more hundred off the price if you shop it a bit, but if you like the deal you arent being ripped off. They are just moving the money around. You could have them put 1000 back into the monthly and still be under 300. Or easily get 15000 per year instead of 12000. Good Luck! |
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