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Nissan Altima Lease Questions

689 messages,  Last post on Jul 01, 2008 at 9:27 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Nissan Altima, Nissan Altima Hybrid, Car Leasing, Sedan


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#550 of 689
Altima Lease and cash back by czcon1
Mar 11, 2008 (2:32 pm)
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HI
from the post above it says that you can't apply the rebates to the lease price? So the price I've been negotiating with dealer will go up $1250 if I decide to lease instead of buy? 08 Altima Auto 2.5S with SL package,floor mats,splash guards, $22162. Also the Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for 36 Mo. 15K is .00122 and 59%, is this correct.
#551 of 689
Re: Altima Lease and cash back [czcon1] by Car_man HOST
Mar 12, 2008 (2:15 am)
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Replying to: czcon1 (Mar 11, 2008 2:32 pm)

That's correct, czcon1. Nissan's consumer cash incentives are not compatible with NMAC's special lease program. If the dealer used the cash incentive that is available on the 2008 Altima to arrive at the selling price that you have negotiated the capitalized cost for your lease would be higher. On a lease of an '08 Altima I personally would shoot for a selling price of a couple hundred dollars over dealer invoice. The money factor and residual value that you mentioned are correct for a 36 month lease of an '08 Altima 2.5S Sedan with an automatic transmission and 15,000 miles per year.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#552 of 689
Re: Altima Lease and cash back [czcon1] by steevo
Mar 12, 2008 (7:15 am)
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Replying to: czcon1 (Mar 11, 2008 2:32 pm)

I heard that there was 1000 dealer cash on leases in February. Maybe Car_man or somone else here can confirm?
#553 of 689
Re: Altima Lease and cash back [czcon1] by czcon1
Mar 16, 2008 (1:47 am)
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Replying to: czcon1 (Mar 11, 2008 2:32 pm)

Hi
I was wondering what people thought of this deal
2.5S Auto SL Package,Mats,splash guards,sunroof wind deflector,first aid package. MSRP $25705. 7.5% tax, $800 down $325 Mo for 36 Mo. 15K year lease.
#554 of 689
2.5 S Coupe Lease? by brianinnc
Mar 19, 2008 (4:50 pm)
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Hi Carman:
 
I'm trying to get a good lease on the 2.5 S Coupe. Looking at a car with MSRP of $23769. With $3000 down, I'm looking for something in the $270 area. Salesman in N. Carolina came back with .00244 money factor and monthly pmt of $307 for a 39 month lease 12k mi, 57% residual "Best Deal". Sounds about $35 high, right? He didn't really want to discuss 36 mo lease. Is the S coupe not covered in Nissan Corp lease program? If not, what should a good lease payment and math be? My credit and FICA are very good.
 
Thanks,
 
Brian in NC
#555 of 689
Proposed lease price ... by berliner24
Mar 24, 2008 (7:38 am)
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Hey,
 
New to the forum. Just wanted to know what you all thought of this potential lease deal, I'm from NY if it makes a difference.
 
2008 Nissan Altima Sedan (2.5SL w/ connection package)
Dark Slate Metallic exterior, charcoal leather interior
Wind deflector, floor mats, first aid all included
0 money due at inception, absolutely nothing. No first payment, no taxes, no security.
36 months, 12K miles/year, $359/mo (payment includes taxes)
 
Good?
#556 of 689
Altima Coupe lease rate by mickylong
Mar 24, 2008 (3:38 pm)
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Apologize if I've missed this here but I'm looking for the Money Factor and residuals for a 2008 Altima Coupe 3.5SE w/ Premium and Technology package for 24 and 36 month terms. Second part of the request would be to know if possible if these numbers will continue past March or end at the end of the month?
 
Any assist would be appreciated.
 
Micky
#557 of 689
Nissan Altima 2.5S Auto Coupe MF and Residual? by dade711
Mar 25, 2008 (10:22 pm)
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I need someone out there who knows the money factor on a Nissan Altima 2.5S Auto Coupe. My current lease is about up and I am ready for a coupe. I want to do the 36 month lease with 15,000 per year so is the residual on this only 58%? Was hoping for closer to 60%. If someone can help me with the money factor and residual I will greatly appreciate it. I have to get her a to drive ASAP but I don't want to be ripped off. I have A++ credit in case that helps.
  
Thanks so much!
#558 of 689
Having trouble making the numbers work by mickylong
Mar 28, 2008 (4:10 pm)
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Armed with the lease rates from online source (LeaseCompare) on an Altima Coupe 3.5SE w/ Premium and Nav for a 36-month lease, I started emailing local dealers for a price. Got what I thought was a good starting deal ($29,411) from an MSRP of $31,555. But when I asked about monthly payment their numbers come back seemingly wrong. Here's what I have from LeaseCompare:
 
Base Rate = .00244
Residual = 56%
By my calculations, this should equal out to monthly payment of $441
What dealer provided was: $485.07 plus tax
Net diff over the lease term is $1584
 
What's wrong with this picture? Are my numbers off? Are they rolling something into the lease payment and not telling me?
#559 of 689
2008 Coupe questions by aaron1981
Mar 30, 2008 (12:29 pm)
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Hello, great forum here. I'm new to leasing but think I have the basics - basically, the price of a lease is the total depreciation (negotiated selling price of car minus agreed upon residual value) + borrowing price as calculated by the money factor. That being said, I have 2 questions:
 
1. How do I factor in taxes (and what is a good or standard tax rate) and down payment into this equation?
 
2. Would anyone here be able to provide me with the residual and money factor for a 2008 Nissan Altima 2.5S Coupe CVT (dark slate) with P01 Premium Package, J01 Moonroof, F10 Foglamps, A92 Moonroof wind deflector? I am in San Gabriel, CA and have 4 dealers in my immediate area.
 
Thanks!

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