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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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#781 of 1140
Re: 09 Altima lease [syr] by Car_man HOST
Oct 10, 2008 (3:24 am)
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Replying to: syr (Oct 08, 2008 3:36 pm)

Hi syr. The car that you're interested in has a spread of around $1,500 between its full MSRP and its dealer invoice price. The selling price that you were quoted looks very attractive to me. Just make sure that the dealer that you are working with is using NMAC's current buy rate lease money factor of .00191 to calculate your monthly payment, which they probably are but it doesn't hurt to check, and you're in business.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#782 of 1140
Re: 09 Altima lease [Car_man] by syr
Oct 11, 2008 (11:21 am)
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Replying to: Car_man (Oct 10, 2008 3:24 am)

Thank you Car man
#783 of 1140
RESIDUALS AND MF FOR 09 SE/SL by rjdilauro
Oct 12, 2008 (6:08 pm)
Reply
Hi,
 
Does anyone have the current residuals and MF for the '09 Altima 3.5 SE/SL?
 
What would a good monthly lease payment be on a 3.5SL with Techonology Package, spoiler, and VDC? MSRP is 33,045 and dealer cost 30,466. Preferably 24 month lease.
 
Thanks.
#784 of 1140
Re: I gotta take care of this ASAP [Car_man] by econdor
Oct 15, 2008 (7:31 pm)
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Replying to: Car_man (Oct 09, 2008 5:25 pm)

Car Man - the service manager spent 15 mins trying to convince me to leave the car alone for 2 weeks because he sees it quite often that brand new cars developed 'hardened inner tubing' in the tires from being chained too tightly in transit...literally was telling me not to worry about it bc this is the case in 90% of issues he sees like this...i wasn't buying it...and it seems everyone else i spoke to since then thinks it was a load of bs...i kept asking him to check the alignment and re-balance all, which he finally did, and wouldn't you know it, i hit the highway and got up my speed, and........smooth sailing......guess those hard spots worked themselves out faster than he expected? lol -- have you ever heard of anything like this?
#785 of 1140
Canceling a lease order? Legal problems? by borabora9
Oct 16, 2008 (7:39 am)
Reply

Replying to: econdor (Oct 15, 2008 7:31 pm)

I signed a lease order which listed the make, model, vin #, residual value, $500 down payment, # of months etc. However, I would like to cancel this order. I am pre approved by the manufacturer as I am a returing customer and I was told by the dealer that they do not have to run a credit check. Have not signed any other papers such as finance contracts. Is signing a lease order a binding contract? I think the dealer might give me a hard time to refund my down payment. Other than the down payment, do I have to worry about any legal problems when canceling a lease order? Thank You!
#786 of 1140
Re: I gotta take care of this ASAP [econdor] by marcogallo1986
Oct 18, 2008 (7:24 pm)
Reply

Replying to: econdor (Oct 15, 2008 7:31 pm)

see it was nuthing to worry about I could have told you that after I was done reading your story you have to insist sum thing is rong and you will win in the end trust me they will all try to play there dealer games but there are menny good dealers out there good luck with it nissans are grate cars have a verry good day and thankyou for reading Marco.
#787 of 1140
Re: 09 Altima lease [syr] by Car_man HOST
Oct 19, 2008 (4:22 pm)
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Replying to: syr (Oct 11, 2008 11:21 am)

No problem, syr.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#788 of 1140
Re: RESIDUALS AND MF FOR 09 SE/SL [rjdilauro] by Car_man HOST
Oct 19, 2008 (4:28 pm)
Reply

Replying to: rjdilauro (Oct 12, 2008 6:08 pm)

Here's the information that you're looking for,rjdilauro. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2009 Nissan Altima 3.5 SE Sedan with 15,000 miles per year are .00280 and 65%, respectviely. The numbers for an otherwise identical lease of an '09 Altima 3.5 SL are .00280 and 66%.
 
To be honest with you, you actually would be much better off going with a 36 month lease, instead of a two year lease. NMAC's 36 month numbers are .00191 / 60% for both the SE & SL.
 
I worked up a few sample lease payments on the SL that you provided the pricing data for and according to my calculations, its 24 month, zero down, pre-tax monthly payment using a selling price of $500 over invoice would be around $543. The payment for an otherwise identical 36 month lease would be a much more reasonable $407. I told you that the two year lease was no good .
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#789 of 1140
Re: I gotta take care of this ASAP [econdor] by Car_man HOST
Oct 19, 2008 (4:30 pm)
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Replying to: econdor (Oct 15, 2008 7:31 pm)

That stuff that the dealer told you sounds like a bunch of bs to me as well, econdor. I;m glad that everything worked out for you in the end. Enjoy your new, smooth ride .
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#790 of 1140
Re: Canceling a lease order? Legal problems? [borabora9] by Car_man HOST
Oct 19, 2008 (4:35 pm)
Reply

Replying to: borabora9 (Oct 16, 2008 7:39 am)

Hi borabora9. As long as you have not physically taken delivery of this Altima, i.e. driven it off of the dealer lot, you should be able to get out of this deal. The dealer may give you a hard time, but if you are persistent there's no way that they can force you to take the car. Of course, getting your $500 down payment back is another story. Was is supposed to be fully refundable? Even if it was, there is a good chance that the dealer will drag their feet when you try to get them to give you your money back.
 
If they gave you a hard time, you stand a much better chance at getting a refund if you used a credit card than if you paid cash or gave the dealer a check. You can dispute the charge with your credit card company if the dealer refuses to play ball.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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