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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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#534 of 1140 Residual Value and money factor by skinnydog1 Mar 09, 2008 (1:49 pm)
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 Replies to this message: Car_man (Mar 11, 2008 1:24 am)
#535 of 1140 Re: Altima Hybrid Help [flyinlynx] by Car_man HOST Mar 10, 2008 (1:43 am)
Replying to: flyinlynx (Feb 01, 2008 8:18 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 Host Prices Paid: Buying & Leasing Experiences Forum
#536 of 1140 Re: Feb. Lease rates for 2.5S CVT? [ajpbf7] by Car_man HOST Mar 10, 2008 (1:53 am)
Replying to: ajpbf7 (Feb 09, 2008 7:37 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 Host Prices Paid: Buying & Leasing Experiences Forum
#537 of 1140 Re: Also Can Consumer Cash be applied to a lease? [ajpbf7] by Car_man HOST Mar 10, 2008 (2:17 am)
Replying to: ajpbf7 (Feb 09, 2008 7:38 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 Host Prices Paid: Buying & Leasing Experiences Forum
#538 of 1140 Re: Need Current Money Factor & Residual for Altima S [tjinbp] by Car_man HOST Mar 10, 2008 (2:19 am)
Replying to: tjinbp (Feb 14, 2008 4:49 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 Host Prices Paid: Buying & Leasing Experiences Forum
#539 of 1140 Re: 3.5 SE, Feb lease numbers? [cnote2] by Car_man HOST Mar 10, 2008 (2:21 am)
Replying to: cnote2 (Feb 15, 2008 11:36 am) 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 Host Prices Paid: Buying & Leasing Experiences Forum
#540 of 1140 Re: 2008 Altima Hybrid lease factors [jao6304] by Car_man HOST Mar 10, 2008 (2:52 am)
Replying to: jao6304 (Feb 20, 2008 7:57 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 Host Prices Paid: Buying & Leasing Experiences Forum
#541 of 1140 Re: Altima Lease [dstokl51] by Car_man HOST Mar 10, 2008 (2:55 am)
Replying to: dstokl51 (Feb 20, 2008 7:48 pm) Greetings dstokl51. $300 under dealer invoice is an excellent selling price for a leased 2008 Nissan Altima. The money factor that you were quoted looks about right as well. This looks like a good deal to me. If you like the car, I personally don't see any reason not to go for it.   In answer to your question about the "rent charge," vehicles' lease payments are composed of two parts the depreciation portion and the interest portion. The rent charge is the interest portion of your car's monthly payment.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#542 of 1140 Re: Altima 2.5S and 2.5 SL [minicheru] by Car_man HOST Mar 10, 2008 (2:57 am)
Replying to: minicheru (Feb 26, 2008 7:10 pm) Hi minicheru. You never mentioned the selling price or MSRP of the Altimas that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing what this vehicle's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#543 of 1140 Re: Residual Value on 2008 Nissan Altima 2.5L Coupe [amc1201] by Car_man HOST Mar 10, 2008 (3:01 am)
Replying to: amc1201 (Feb 27, 2008 6:40 am) Hi amc1201. If there is a mistake on your car's contract, the dealer may not be able to submit it to Nissan Motor Acceptance Corp. and you may have to sign another contract. On the bright side, if your car's residual value was set too low raising it would lower your monthly payment. A lower payment is a good thing. Just make sure to pay close attention to the documents that you have to sign.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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