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Nissan Altima Lease Questions

1140 messages,  Last post on Nov 23, 2009 at 7:02 AM

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

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#890 of 1140 Re: '09 Altima 2.5 S lease deals [tasteckler] by kopchikc Jan 20, 2009 (5:54 am)
Replying to: tasteckler (Jan 18, 2009 1:51 pm) Seems high to me. $296 is encroaching on 2.5SL territory, so I would expect this car to have Convenience and Convenience Plus at a minimum. Regardless, it is hard for us to help you without knowing the magic four pieces of information: MSRP, Sale Price (negotiated discount), Money Factor, and Residual. Term is also necessary, but you have provided that.
#891 of 1140 Re: [seller5] by photodoc Jan 20, 2009 (1:09 pm)
Why are you wanting to sell this car after driving for only 2900 miles?
#892 of 1140 altima lease question by jbrooks77 Jan 21, 2009 (9:18 am)
just got a quote in MN for a 2099 Nissan Altima 2.5 LS   ONLY first payment due at signing 15K miles 345 per month   wanted to be closer to 300 but did not know if that was realistic???
#893 of 1140 Re: New Altima Money Factor and Residuals [cmyawn] by Car_man HOST Jan 22, 2009 (2:43 am)
Replying to: cmyawn (Jan 09, 2009 4:59 am) Hi Mike. Here's the information that you're looking for. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2009 Altima 2.5 S Sedan with an automatic transmission and 15,000 miles per year are .00158 and 59%, respectively. If you were to drive only 12,000 miles per year, this car's residual value would be 1% higher.   You definitely don't want to lease this car for 24 months, Nissan is no longer providing support on 2 year leases.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#894 of 1140 Re: Turning in Nissan, Inspection, Any Deals? [cmyawn] by Car_man HOST Jan 22, 2009 (2:46 am)
Replying to: cmyawn (Jan 09, 2009 5:09 am) Hey Mike. Most manufacturers' captive finance companies are fairly reasonable when evaluating the condition of leased vehicles at the end of their terms. They don't want to be overly picky and nickel and dime lessees to death. Doing so would risk losing their business in the future.   I am not aware of any owner loyalty incentives on the 2009 Altima right now, though it is possible that Nissan might send you some sort of direct mail offer.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#895 of 1140 Re: i wonder [careyd1] by Car_man HOST Jan 22, 2009 (2:51 am)
Replying to: careyd1 (Jan 09, 2009 5:37 am) Automakers only have so much money to provide on incentives. If sales fall dramatically enough, which they have, automakers would rather cut production rather than continue to raise the level of incentives that they are providing. That is exactly what is happening right now. Most manufacturers have begun to cut production dramatically. I personally would not be surprised if the incentives out there don't get any better than what was available in December (the January programs are traditionally less aggressive).   Things definitely are tough for dealers right now. Nissan doesn't have the same problem of having too many dealers that GM, Ford, and Chrysler have, but I would not be surprised if the domestic manufacturers actually want some dealers to go bankrupt. One way or another they have to reduce the number of dealers that they have. Any dealer that files for bankruptcy is probably one less that they will eventually have to buy out.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#896 of 1140 Re: Numbers for a Altima 3.5se [leepoffaith] by Car_man HOST Jan 22, 2009 (2:58 am)
Replying to: leepoffaith (Jan 12, 2009 6:38 am) Hi leepoffaith. Nissan Motor Acceptance Corp.'s buy rate lease money factor and residual value for a 36 month lease of a 2009 Altima 3.5 SE Sedan with an automatic transmission and 12,000 miles per year are .00158 and 59%, respectively.   You definitely don't want to lease this car for 24 months. Nissan is not currently providing support on two year leases of any model.   I do not believe that Nissan is currently providing any cash incentives on leases of this model.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#897 of 1140 Re: New Altima Money Factor and Residuals [cmyawn] by Car_man HOST Jan 22, 2009 (3:01 am)
Replying to: cmyawn (Jan 12, 2009 6:25 pm) Hey Mike. I just replied to your questions a couple of posts ago. Please check there for my answers. The $750 bonus cash that Nissan introduced on the '09 Altima in December has expired. It is difficult to say whether Nissan will introduce a similar sort of enhancement in January. If I had to make an educated guess, I would say that it won't, but no one knows for certain what automakers will do with their future incentive programs.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: cmyawn (Jan 22, 2009 4:43 am) Car_man (Feb 11, 2009 2:59 am)
#898 of 1140 Re: Question: Disposition Fee [cgold79] by Car_man HOST Jan 22, 2009 (3:06 am)
Replying to: cgold79 (Jan 13, 2009 12:02 pm) Unfortunately, cgold79, what you were told is correct. Nissan and Infiniti just introduced disposition fees on leases through their captive finance companies. This is pretty darn annoying because I HATE disposition fees. I've got a lease coming up next month and I'm going to have to pay one, grumble, grumble, grumble.   Having said this, I can see what manufacturers have them. For one, it is a source of income that most lessees don't think about because they either don't ask about or don't worry about it because it will come years down the road. Also in a strange way, dispo fees may actually encourage customer loyalty in the sense that banks will usually waive them for lessees who lease their next new vehicle through them.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#899 of 1140 Re: Fees Fees Everywhere!!! [leepoffaith] by Car_man HOST Jan 22, 2009 (3:13 am)
Replying to: leepoffaith (Jan 13, 2009 1:16 pm) Hi leepoffaith. Nissan Motor Acceptance Corp. charges a $595 acquisition fee on every vehicle that it leases. All consumers have to pay this charge. You can either pay it at lease signing or roll it into your car's capitalized cost to make it part of your monthly payment.   As you seem to already be aware, the whopping $600 doc fee is completely bogus. It really isn't anything more than a way for the dealer to add additional profit to your deal. If I was in the market for an '09 Altima and the dealer was charging such a heft doc fee I would make sure that I was being charged a selling price that is right at, or better yet under dealer invoice. If not, then I would take my business elsewhere.   I'm not sure what the rental surcharge fee is. If you ask the dealer, let us know what you find out.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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