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Nissan Altima Lease Questions

1132 messages,  Last post on Nov 06, 2009 at 8:20 AM

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

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#771 of 1132 Re: 2009 altima sedan lease question [bajapanty350z] by Car_man HOST Sep 29, 2008 (4:39 pm)
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 1132 Re: Am I getting a good deal? [thame] by Car_man HOST Sep 29, 2008 (4:43 pm)
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 1132 Re: Car_man, Looking for MF & Residual for 2009 Altima 2.5 [andy2812] by Car_man HOST Sep 29, 2008 (4:55 pm)
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 1132 Re: SHould i get itttttttt??? [mustangdude182] by Car_man HOST Sep 29, 2008 (5:00 pm)
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 Host Prices Paid: Buying & Leasing Experiences Forum
#775 of 1132 need a good lease price by shermaro Oct 05, 2008 (4:29 am)
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 1132 wanting to lease an 2008 or 09 altima coupe by escm83 Oct 07, 2008 (6:59 am)
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 1132 I gotta take care of this ASAP by econdor Oct 07, 2008 (7:53 pm)
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. Replies to this message: Car_man (Oct 09, 2008 5:25 pm) econdor (Oct 15, 2008 7:31 pm) borabora9 (Oct 16, 2008 7:39 am) and 1 more... marcogallo1986 (Oct 18, 2008 7:24 pm) Car_man (Oct 19, 2008 4:30 pm)
#778 of 1132 09 Altima lease by syr Oct 08, 2008 (3:36 pm)
Hello Car Man, I just got this quote from my local Nissan dealer, 09 Altima 2.5s with the SL package MSRP $ 26155, selling price: $ 23800, 36 month and 15k miles a year, $500 up front no other fees, $342 a month, how does it sound to you? Also, when you say $0 down lease, are you including all fees in the payment or they are payable separately? Thank you very much Replies to this message: indianajohns (Oct 09, 2008 2:58 pm) Car_man (Oct 10, 2008 3:24 am) syr (Oct 11, 2008 11:21 am) Car_man (Oct 19, 2008 4:22 pm)
#779 of 1132 Re: 09 Altima lease [syr] by indianajohns Oct 09, 2008 (2:58 pm)
Replying to: syr (Oct 08, 2008 3:36 pm) You'll need to post the residual and money factor so someone can accurately calculate the lease payment. Also, what is the $500 up front going towards? Was the $23,800 including the $500 down? You should get a "sale price" QUOTED, also known as Cap Cost. Then you will have at least an acquistion fee added to that. The final tally of car's sale price plus all fees is the NET CAP COST.   If it is a ZERO DOWN lease, you should walk away not having paid anything at all except maybe the first monthly payment. You are correct in your assumption. Any fees you don't pay up front will be rolled into your lease and will result in a higher montly payment. The real trick here is to NOT pay any fees other than acquisiton fee. If you are assertive enough you should be able to walk out with the only that one fee but you will never get them to waive the acquistion fee. The main thing is to go into the dealer not even talking lease. Just get the sale price of the car whittled down as much as possible. Then try to hold them to that price when you blind side them with "I think I want to lease."
#780 of 1132 Re: I gotta take care of this ASAP [econdor] by Car_man HOST Oct 09, 2008 (5:25 pm)
Replying to: econdor (Oct 07, 2008 7:53 pm) Wow, that's annoying econdor. I'm sure that the vibration really ruined what should have been an exciting new vehicle purchase experience. What did the service department say about the problem? Were they able to fix it?   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: econdor (Oct 15, 2008 7:31 pm) borabora9 (Oct 16, 2008 7:39 am) Car_man (Oct 19, 2008 4:35 pm) marcogallo1986 (Oct 18, 2008 7:24 pm) Car_man (Oct 19, 2008 4:30 pm)

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