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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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#822 of 1132 Need advice quick! by michelle86 Nov 06, 2008 (4:35 pm)
my lease on my current '07 2.5 SL Altima is up on dec 9th so now i have to move quick! im getting numbers on a new '09 Altima 2.5 SL with Connection Pkg (FYI:they took the dual temp. control away from the basic SL pkg!) im getting 1st payment + tag 39/12k 339+tax (6%)   considering i got my '07 right when it came out im paying $352.90 for 24 with 2k down.. the rates weren't all that great when they first came out.. but i think the new deal is even higher? HELP PLEASE!! Replies to this message: Car_man (Nov 11, 2008 4:33 am)
#823 of 1132 2.5 altima coupe w/convenience by shamme Nov 06, 2008 (5:03 pm)
Hi car_man and everyone else! I am new to leasing and I know there is a formula to calculating a lease payment, but I couldn't find it on the site so I was hoping someone could help me. I am looking for an Altima coupe 2.5S, CVT with convenience package. I spoke with a dealer who offered a 2008 with a selling price of $22,097. He quoted me $354 a month for 39 months/12k with $650 (1st payment, document fees, plates) out of pocket. This seems a little high to me, especially for a 2008. I would prefer a 2009 and a 36 month lease. Can anyone advise me on this? Also does anyone know how much more the convenience plus package is? I'm in Ohio (in case that makes a difference). Thx in advance! Replies to this message: Car_man (Nov 11, 2008 5:35 pm)
#824 of 1132 leased a 3.5 SL by ebetty Nov 07, 2008 (3:13 am)
Got the deal I posted above, plus they sweetened it to $429/mo.   Thanks everyone!
#825 of 1132 Re: 2009 Altima Sedan 3.5 SL loaded [ebetty] by Car_man HOST Nov 10, 2008 (6:03 pm)
Replying to: ebetty (Oct 31, 2008 2:16 pm) You're very welcome, ebetty.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#826 of 1132 Re: Altima 2.5S w/ Convenience [brott8] by Car_man HOST Nov 10, 2008 (6:09 pm)
Replying to: brott8 (Oct 31, 2008 6:36 pm) Congratulations on getting your new car, brott8. NMAC's 36 and 39 month money factors for it are exactly the same, but the 39 month residual value is 1% lower.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#827 of 1132 Re: Altima 2.5 S with SL pkg. 36mo/12k deal [careyd1] by Car_man HOST Nov 10, 2008 (6:13 pm)
Replying to: careyd1 (Oct 31, 2008 8:10 pm) Congratulations on getting your new rides, careyd. Even if they are a step down, getting a new vehicle is always exciting...at least for me. Thanks for taking the time to post such a detailed description of your deal. If you'd like, you can hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others as well. Enjoy your new ride .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: careyd1 (Nov 11, 2008 1:12 pm) careyd1 (Nov 19, 2008 7:11 am) Car_man (Dec 09, 2008 6:14 pm)
#828 of 1132 Re: 2009 Altima Sedan 3.5 SL loaded [ebetty] by Car_man HOST Nov 11, 2008 (4:22 am)
Replying to: ebetty (Nov 01, 2008 3:01 pm) Hi ebetty. This looks like a good deal to me. You negotiated a solid discount and the dealer used NMAC's buy rate lease money factor to calculate your monthly payment. Enjoy your new car!   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#829 of 1132 Re: New Nov Incentives [ebetty] by Car_man HOST Nov 11, 2008 (4:26 am)
Replying to: ebetty (Nov 03, 2008 3:14 am) Hi again ebetty. Oh, I thought that you had already pulled the trigger on your new Altima. I guess not. Here's the latest info for you. Nissan Motor Acceptance Corp.'s November buy rate lease money factor and residual value for a 36 month lease of a 2009 Nissan Altima 3.5 SL Sedan with 15,000 miles per year are .00174 and 60%, respectively. The number factor is the same for an otherwise identical 39 month lease, but the residual value is 59%.   Nissan is not providing any customer or dealer cash incentives on the '09 Altima this month, but it is running a stair-step program that provides dealers with a special cash allowance that escalates as they sell more units. This will only amount to a couple hundred dollars, but it might motivate dealers to take thinner deals than they normally would to hit their objectives.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: ebetty (Nov 11, 2008 6:50 am) Car_man (Nov 11, 2008 5:38 pm)
#830 of 1132 Re: New lease/money factors? [careyd1] by Car_man HOST Nov 11, 2008 (4:29 am)
Replying to: careyd1 (Nov 05, 2008 12:39 pm) What you heard is correct, careyd1. The Altima's money factors are better, but its residual values are slightly worse in November, making things basically a wash. You are actually better off if you finalized your deal at the end of November. Nissan was running a special $500 bonus cash incentive on the '09 Altima then that has since expired.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: careyd1 (Nov 11, 2008 1:20 pm)
#831 of 1132 Re: Need advice quick! [michelle86] by Car_man HOST Nov 11, 2008 (4:33 am)
Replying to: michelle86 (Nov 06, 2008 4:35 pm) Hi michelle86. The best way to tell if you are getting a good deal on a lease is to look at the selling price that you are being charged in relation to either its full MSRP or its dealer invoice price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without knowing what this number it, it is difficult to tell how much room there is to negotiate. If you share this information with us, I am sure that either myself or another helpful community member will be happy to give you their opinion on this deal.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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