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Nissan Altima Lease Questions

1132 messages,  Last post on Nov 06, 2009 at 8:20 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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#865 of 1132
Re: Trying to lease [Car_man] by rbcooper
Dec 29, 2008 (2:48 pm)
Reply

Replying to: Car_man (Dec 29, 2008 2:44 am)

Another question - if the the 36 month lease adds 1% extra residual over the 39 month lease should I get a better deal with 36 months? The dealer tells me no since the Nissan Lease program is based on 39 months and the 36 month is actually about $10.00 a month more.
#866 of 1132
got a quote by jleroy
Dec 30, 2008 (10:52 pm)
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Hey I called a couple of place to compare a deal so far the lowest I got was 39 month lease on an Altima 2.5sl with connection package 329t that includes tax plus my trade which they gave me 800 and nothing else?
#867 of 1132
Finalized a lease by everlasting
Jan 01, 2009 (5:02 am)
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2009 Altima 2.5S with convenience pkg, floor mats, splash guards, aluminum kick plates – msrp 23,765.00. For 39 month lease with 12,000 miles/year paid 1,100.00 at signing (includes first month 244.52, acquisition fee 595.00, NJ taxes 724.00, 294.00 title and 4 year registration, minus 750.00 rebate) – 38 remaining monthly payments of 244.52. The 2 dealers closest to my home would not match the deal and wanted at least 10.00 a month more so I traveled extra 20 miles to save the few dollars.
#868 of 1132
by lonald
Jan 01, 2009 (8:21 am)
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I am heading to a dealer right nwo in NY, for an 08 Ultima. It has it in leather, sunroof, everything minus the navi and blue tooth. and 12,000 a year.
I am registering in NY, i got it for 290.00 a month 0down sign an drive.
sound good?
#869 of 1132
Re: [lonald] by ral2167
Jan 01, 2009 (11:51 am)
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Replying to: lonald (Jan 01, 2009 8:21 am)

$290 a month? what was the msrp on the car?
#870 of 1132
good or bad? about to finalize by jleroy
Jan 01, 2009 (7:30 pm)
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Hello I think I got a pretty good deal I called a couple of places and this was the lowest I got. Could someone take a look and tell me if this sounds good any input would be helpful? It is a 09 Nissan Altima 2.5SL with a connection package.
Sale price:24300.00
Trade in: 1000.00 ( I might try to get a little bit more)
Rebate:750.00
Upfront charges: 125.56
Total cap reduction: 1328.24
 
39 month lease: 296.00
and 12K miles year (try to get at least 15K)
#871 of 1132
Had a back and forth on a 2008 SL by kopchikc
Jan 02, 2009 (5:06 am)
Reply

Replying to: Car_man (Dec 29, 2008 2:44 am)

It was the last day of the year, so I decided to e-mail a dealer and see if I could get a good deal. I found an '08 SL with no other options on it, via the Nissan web site. MSRP was $25,790. I found out after the dealership replied, that while the money factor is awesome, they have reduced the residual to 55% on '08 models. This effectively counteracts the interest savings. Here is what I was quoted in North Carolina, which I passed on:
 
MSRP: $25,790
Sale Price: $24,300
Money Factor: .00047 (lower than Car_man had previously identified, may be regional)
Residual 55%: $14,184.50
OTD Costs: $882.46 (doc fee, first month's rent, tags)
 
I challenged the residual based on what was posted here, and they said that they confirmed with NIMAC. I was told the '08s are eligible for the $750 bonus cash and that was all the wiggle room I had. I wasn't that excited by the offer, especially with a "pure profit" doc fee applied. Thoughts?
#872 of 1132
Re: good or bad? about to finalize [jleroy] by clasys
Jan 02, 2009 (5:54 am)
Reply

Replying to: jleroy (Jan 01, 2009 7:30 pm)

Back in June I got 08 Altima 2.5SL with Connection package, 39 months, 12K for $309 / month, tax included, with $590 total out of pocket. Your numbers are almost identical, it sounds like excellent deal to me. Hope this helps.
#873 of 1132
Re: good or bad? about to finalize [clasys] by jleroy
Jan 02, 2009 (10:35 am)
Reply

Replying to: clasys (Jan 02, 2009 5:54 am)

yes it does I appreciate your help I needed someones outside opinion on the figures. I think Im go ahead and do it.
#874 of 1132
Re: Trying to lease [rbcooper] by Car_man HOST
Jan 08, 2009 (3:53 am)
Reply

Replying to: rbcooper (Dec 29, 2008 2:48 pm)

Hi rbcooper. Not necessarily. 39 month leases actually often provide lower monthly payments than 36 month ones do, even with residual values that are slightly lower, because they provide three extra months to spread out the massive initial depreciation hit that cars and trucks experience out over. I personally have leased a number of vehicles for 39 month for that very reason.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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