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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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#804 of 1140
2009 Altima 2.5 S by brokejoe
Oct 28, 2008 (10:38 am)
Reply
Hi,
 
Is this an impossible deal?
 
24/12k/ No money down/ Roll everything into payment/ Due at signing is first month and DMV fees, in NY
 
For 307 a month?
 
This is what the dealer quoted me then said he calculated it wrong and came back with 416 a month.
 
Thanks
Joe
#805 of 1140
Re: Is this a good deal [ajpbf7] by themouse
Oct 28, 2008 (11:01 am)
Reply

Replying to: ajpbf7 (Oct 28, 2008 7:08 am)

I am interested in the 2008, moreso to save the money. This will be for my business, and I'm still deciding between lease and purchase. I'm meeting with my accountant to punch the numbers later this week, so I should be ready to buy/lease in early November. My guess is that there will be an equal or greater incentive on the 08's... can't go less given that it's almost 2009. Please correct me if I am wrong in assuming this. Thanks
#806 of 1140
Re: Is this a good deal [themouse] by ajpbf7
Oct 28, 2008 (5:25 pm)
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Replying to: themouse (Oct 28, 2008 11:01 am)

if it is for your business then I would pull the trigger on the 08. You will likley be able to write off a majority of the cost anyway. if you like to switch cars often liek i do, it would be easier to get out of an 09 vs. an 08. This is do to the higher depreciation of the 08's. Good luck on your lease.
#807 of 1140
Re: Is this a good deal [ajpbf7] by themouse
Oct 29, 2008 (2:05 pm)
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Replying to: ajpbf7 (Oct 28, 2008 5:25 pm)

Thanks for the tip. I have no intention of getting rid of the car early. If I get a lease, I will most likely ride it out, or if I purchase, I'll keep it until it is depreciated, and then transfer it to be a personal asset, and buy an upgrade .
#808 of 1140
2009 Altima Sedan 3.5 SL loaded by ebetty
Oct 30, 2008 (10:33 am)
Reply
Hi Car_man
Is this a good deal?
 
36 MOS
395 PLUS TAX (6.75%)
$1000 TOTAL DUE
33355 MSRP
30657 SALE PRICE
60% RESIDUAL
.00191 MONEY FACTOR
 
for
2009 Altima Sedan 3.5 SL
Technology Package
Vehicle Dynamic Control
 
$1000 down, 36 mo, 15k/
 
Thanks!
#809 of 1140
Re: Is this a good deal [Car_man] by doc519
Oct 30, 2008 (5:37 pm)
Reply

Replying to: Car_man (Oct 27, 2008 5:13 am)

Hi Car_man,
 
Sorry about not including all the info so here it is:
2.5 S Altima with Convinience Plus Package in NY
MSRP: 24695
Invoice price: 23100 (this includes the 1000 that I have on my old altima lease)
Residual: 62% (12k/year)
Mf: .001910
So the final quote was $280 for 36 months (or 270 for 39) with 500 down and all the rest paid upfront (tax,title, first month etc...)
#810 of 1140
Re: Altima 2.5S w/ Convenience [brott8] by Car_man HOST
Oct 31, 2008 (3:09 am)
Reply

Replying to: brott8 (Oct 27, 2008 9:43 pm)

You're very welcome, brott8. Good luck and make sure to stop back and let us know how everything turns out.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#811 of 1140
Re: 2009 Altima Sedan 3.5 SL loaded [ebetty] by Car_man HOST
Oct 31, 2008 (3:15 am)
Reply

Replying to: ebetty (Oct 30, 2008 10:33 am)

Hi ebetty. The selling price that you were quoted for this car is excellent. It appears to be right around dealer invoice. The money factor that you were quoted looks great as well. It is right in line with Nissan Motor Acceptance Corp.'s current buy rate for this model. If you like the car, I personally don't see any reason not to pull the trigger on this deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#812 of 1140
Re: Is this a good deal [doc519] by Car_man HOST
Oct 31, 2008 (3:22 am)
Reply

Replying to: doc519 (Oct 30, 2008 5:37 pm)

Thanks for the additional information, doc519. When you listed the "invoice price" I assume that you actually meant "selling price." The car that you described has a spread of just under $1,500 between its full MSRP and its dealer invoice price. You were quoted a discount of a little over $1,500 on this car. This is a very good price, especially if it contains extra cash to get you out of your current lease.
 
The money factor that you mentioned is right in line with Nissan Motor acceptance Corp.'s buy rate for this car. If you like it, I personally don't see any reason not to pull the trigger on this deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#813 of 1140
Re: 2009 Altima Sedan 3.5 SL loaded [Car_man] by ebetty
Oct 31, 2008 (2:16 pm)
Reply

Replying to: Car_man (Oct 31, 2008 3:15 am)

thank you. I am still so undecided!! Still considering Camry, Altima and Accord and now added Saturn Aura to the mix... Spent all day driving cars and can't find the 'perfect car'.
 

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