- #531 of 689
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3.5 SE Loaded
by asav1976
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Mar 04, 2008 (10:03 am)
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I posted this in the buying group by mistake, but I wanted to post it here as well. Thank you all on this board for helping me work on what I think is a good lease. It was my first time doing it. I had very little time to research due to my wifes car dying and we cant be withou 2 vehicles.
I just leased the 3.5SE LOADED including tech package for my wife yesterday at Sheridan Nissan in DE.
$1993 down inclusive of $1079tax, 185-tags, $369 1st payment, $300-security deposit
15K miles per year
39 month lease
Maybe I could have done better, but try to give a rookie (me) a break. When I walked in the door, they wanted 2K down and $550/month payment which is absolutely stupid.
Thank you guys for all of your help. I gainnes alot by observing your conversations.
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- #532 of 689
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trade in + lease...
by r000
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Mar 08, 2008 (12:16 pm)
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Can someone please tell me how this would work :
I have a 2005 Altima which I own (paid in full).
If I wanted to lease a new 2008 Altima would the dealer be willing to buy back my current Altima? Do they even do that? The KBB value is around $10700
Any advice would be appreciated, Thanks.
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- #533 of 689
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Re: trade in + lease... [r000]
by gooddeal2
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Mar 08, 2008 (5:33 pm)
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Replying to: r000 (Mar 08, 2008 12:16 pm)
The dealer will have no problem buying your Altima. However, you should try to work w/ more numbers to see if it's better for you to buy or to lease. Since you have a lot of equity w/ your current car, it might be better if you just buy instead, sale tax credit...etc.
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- #534 of 689
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Residual Value and money factor
by skinnydog1
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Mar 09, 2008 (2:49 pm)
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Can someone post the MF and Residual Value for the 6 cyl Altima for both 36 and 39 months and also for 12K and 15K per year?
thanks, for your help
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- #535 of 689
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Re: Altima Hybrid Help [flyinlynx]
by Car_man HOST
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Mar 10, 2008 (2:43 am)
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Replying to: flyinlynx (Feb 01, 2008 9:18 am)
Hi brendan. Your car's lease payment will vary depending upon what its full MSRP and selling price are. You never mentioned the selling price, so for now I will assume that you are getting a $1,000 discount on this car. Let me know if the selling price that you are getting is considerably different. According to my calculations, if you were to lease a 2008 Nissan Altima Hybrid that has an MSRP of $32,000 and a selling price of $31,000 through Nissan Motor Acceptance Corp, right now for 39 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $480. If you were to lease with only 12,000 miles per year, this payment would drop to around $472. Unfortunately, I am not sure how much additional security deposits lower money factors and in turn lease payments through NMAC.
Car_man
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- #536 of 689
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Re: Feb. Lease rates for 2.5S CVT? [ajpbf7]
by Car_man HOST
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Mar 10, 2008 (2:53 am)
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Replying to: ajpbf7 (Feb 09, 2008 8:37 pm)
Hi ajpbf7. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2008 Altima 2.5S CVT with 12,000 miles per year are .00122 and 69%, respectively. The numbers for an otherwise identical 36 month lease are .00122 and 60%. I don't believe that NMAC offers leases with only 10,000 miles per year, but if it does their residual values would likely be 1% higher.
Car_man
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- #537 of 689
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Re: Also Can Consumer Cash be applied to a lease? [ajpbf7]
by Car_man HOST
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Mar 10, 2008 (3:17 am)
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Replying to: ajpbf7 (Feb 09, 2008 8:38 pm)
Hi ajpbf7. Unfortunately, the $1,250 cash incentive that Nissan is providing on the 2008 Altima Sedan right now is not compatible with NMAC's special lease program.
Car_man
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- #538 of 689
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Re: Need Current Money Factor & Residual for Altima S [tjinbp]
by Car_man HOST
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Mar 10, 2008 (3:19 am)
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Replying to: tjinbp (Feb 14, 2008 5:49 pm)
Hello tjinbp. 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 2008 Altima S with an automatic transmission and 15,000 miles per year are .00122 and 59%, respectively.
Car_man
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- #539 of 689
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Re: 3.5 SE, Feb lease numbers? [cnote2]
by Car_man HOST
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Mar 10, 2008 (3:21 am)
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Replying to: cnote2 (Feb 15, 2008 12:36 pm)
Here you go cnote2. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2008 Altima Sedan 3.5 SE with an automatic transmission and 15,000 miles per year are .00122 and 57%, respectively. The numbers for an otherwise identical 39 month lease are .00132 and 56%. If you were to lease this car with only 12,000 miles per year, its residual values would be 1% higher.
Car_man
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- #540 of 689
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Re: 2008 Altima Hybrid lease factors [jao6304]
by Car_man HOST
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Mar 10, 2008 (3:52 am)
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Replying to: jao6304 (Feb 20, 2008 8:57 am)
Hi jao6304. Nissan Motor Acceptance Corp.'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 .00264 and 55%, respectively. The numbers for an otherwise identical 39 month lease are .00264 and 54%.
Car_man
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