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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

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


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#768 of 1140
Re: Sept Lease rates [leasetx] by Car_man HOST
Sep 29, 2008 (4:26 pm)
Reply

Replying to: leasetx (Sep 11, 2008 8:19 am)

You're very welcome, leasetx.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#769 of 1140
Re: Need Help Calculating Lease [advancetec] by Car_man HOST
Sep 29, 2008 (4:33 pm)
Reply

Replying to: advancetec (Sep 11, 2008 10:23 am)

No problem, advancetec. We were both right. I worked up a lease on an '08 Altima 2.5 S for you because technically there is no Altima 2.5 SL. There is just a 2.5 S with an SL package. Weird. Anyhow, the information that I provided you with is right,
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#770 of 1140
end of month deal by cameek
Sep 29, 2008 (4:36 pm)
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2009 S - upgrade to convenience package
39 months 15,000 miles
no money down
trade in a 04 max with 134,000 miles (dealer giving me $6237 for it which is $1k more than payoff..very fair considering condition of car)
$22715 retail ($500 rebate)
sales tax $1006
doc fee $299
tag $173
 
deal comes to $367 m/m
 
first time leasee...fair or ripoff
#771 of 1140
Re: 2009 altima sedan lease question [bajapanty350z] by Car_man HOST
Sep 29, 2008 (4:39 pm)
Reply

Replying to: bajapanty350z (Sep 14, 2008 7:46 am)

Here's the information that you're looking for, Rob. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2009 Altima Sedan 2.5 S Sedan with an automatic transmission and 12,000 miles per year are .00245 and 72%, respectively. The money factor for a 2.5 S Sedan with a manual transmission is the same, but its residual value is 2% lower.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#772 of 1140
Re: Am I getting a good deal? [thame] by Car_man HOST
Sep 29, 2008 (4:43 pm)
Reply

Replying to: thame (Sep 20, 2008 10:32 am)

Hey thame. The best way to tell if you are getting a good deal on a vehicle that you want to lease is to look at its selling price and its money factor. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without knowing what this number is, it is difficult to tell how much of a discount you are being given. If I was in the market for a '08 Altima Sedan 3.5 SE right now, I personally would shoot for a couple hundred dollars over dealer invoice.
 
Once you are comfortable with this car's selling price, make sure the dealer that you are working with is calculating its monthly payment using NMAC's buy rate lease money factor for a 39 month lease of it, .00076.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#773 of 1140
Re: Car_man, Looking for MF & Residual for 2009 Altima 2.5 [andy2812] by Car_man HOST
Sep 29, 2008 (4:55 pm)
Reply

Replying to: andy2812 (Sep 26, 2008 10:32 am)

Hey andy2812. Yeah, I hear that the '08 Altimas are in pretty short supply now. Sorry that you couldn't find one. Through September 30th, Nissan Motor Acceptance Corp.'s buy rate lease money factor and residual value for a 24 month lease of a 2009 Altima 2.5 S Sedan with an automatic transmission and 12,000 miles per year are .00245 and 72%, respectively. The numbers for an otherwise identical 36 month lease are .00245 and 62%. The numbers for the 2.5 SL should be exactly the same. I do not believe that the addition of navigation has any impact upon this car's lease program either.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#774 of 1140
Re: SHould i get itttttttt??? [mustangdude182] by Car_man HOST
Sep 29, 2008 (5:00 pm)
Reply

Replying to: mustangdude182 (Sep 27, 2008 9:44 pm)

Hi mustangdude182. Nissan Motor Acceptance Corp. charges a $595 acquisition fee on every vehicle that it leases. I'm not sure what the "Nissan fee" that you mentioned is. If it's not your car's destination charge, then it may be nothing more than an attempt for the dealer to add profit to your deal.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#775 of 1140
need a good lease price by shermaro
Oct 05, 2008 (4:29 am)
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I'm looking for an 2008/2009 Altima SL and need 15K a year with Zero down. I'm located on Long Island and will to travel to another state for a good deal.
 
Can anyone help?
#776 of 1140
wanting to lease an 2008 or 09 altima coupe by escm83
Oct 07, 2008 (6:59 am)
Reply
Hey all,
 
I am a recent college grad interested in leasing or financing an altima coupe so here's my story:
 
I've been looking at two altima coupes
 
2008 priced at 24, 753 online
2009 priced at 25, 511 online
 
I just read that Altima Coupe's dont get the recent grad discount on a lease *sigh* How ever I think if i finance I will get the recent grad discount and I have an internet discount of 500 dollars. I also think all nissans have a rebate on the 2008 models.
 
Oh well, my options are still open to either finance or lease.
 
I have a 2007 Toyota Yaris, that I am going to trade in for the pay off. I've been to one dealership and they told me my trade in value was about 10,000..however I owe about 12,000 on the car. Thats a 2000 dollar difference.
 
My question is: I am interested in a 0 down payment and low monthly payment...whats my best option? Lease or Finance?
 
 Is it feasible to get a monthly payment for about 400 dollars or less if I finance at that price? Let me know what I shoould do...Im interested in purchasing at the end of the month!
 
*let me know if you need more details* pleaaaaaase help!!!!!
#777 of 1140
I gotta take care of this ASAP by econdor
Oct 07, 2008 (7:53 pm)
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I posted this somewhere else too but the cars I am talking about are '09 Altimas 3.5 and wanted to post it here too. Car Man I hope to hear from you about this... This is a little on the long side but I want to be sure to give the whole story. I picked up my new car ('09 Altima - leased) tonight. I left the dealership at 9pm as they were closing. When I got the car over 60mph...the car started shaking - like a rough, constant shimmy - the whole car felt like it was vibrating. It didn't stop until I went under 40-50mph, and I was already about 10 mins away and they were closed. I have the salesperson's cell # so I called him and explained what was going on. Turns out he actually had to personally go and get the car from another dealership today and he told me that he "felt a little something, but not as bad as you're describing it." He suggested I bring the car to service at 7am tomorrow and that they 'should' take care of me since I just got the car and that I would get a loaner if they needed to keep it to 'fix' it. He was trying to tell me it could be a simple alignment or balance issue with the tires. I told him that I am not keeping a brand new car that needs any service other than filling the tires with air.
 
What may make this more interesting is I actually had leased a different new car from the same dealer this past Saturday night. We had a deal in place but I wasn't 100% so they gave me the option to 'change my mind' by Monday and let me take the car w/o signing the official contract...I only signed the spot delivery paper and the temp. I brought the car back to them yesterday because of some scratches and scuffs that were much more apparent in the daylight the next day. They did not give me any problems, except a few tries to convince me to stay in the original car. I did some extra research after I knew I was returning the 1st car and I was able to re-work the terms of the deal with them and move up a model - which is the car I just picked up tonight...and I did sign all the papers this time.
 
So what should I do...what would you do if this was yours? Take it to service or go directly to sales and insist on a new one? I am having such a hard time rationalizing a brand new car in the shop. I am sure that they will want to 'fix' it and it 'won't be a big deal' but can I insist on a different car, legally?? Thank you in advance.

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