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Nissan Altima Lease Questions

743 messages,  Last post on Aug 28, 2008 at 8:26 PM

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

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#90 of 743 2.5 SE Special Edition by eric777 Apr 29, 2006 (5:13 pm)
I'm interested in leasing a 2.5 SE Special Edition with an MSRP of $22455 before the programs end on Monday. 36 month/12k per year. Can anyone tell me if there are rebates on this car that are applicable when leasing? I am trying to figure out what price to offer as well as an accurate residual, money factor, and acq fee. Does anyone know if there is a security deposit waiver option or a disposition fee? Looking to do with no money down. Any info would be appreciated. Replies to this message: worr (Apr 29, 2006 9:38 pm)
#91 of 743 Re: 2.5 SE Special Edition [eric777] by worr Apr 29, 2006 (9:38 pm)
Replying to: eric777 (Apr 29, 2006 5:13 pm) I just bought a 3.5SL on a lease.   $500 cash back rebate on the lease. .00084 money factor; 56% residual; $550 acquisition fee; $25 doc fee; and security deposit waved...but that may depend on credit rating. I bought mine at invoice.
#92 of 743 May lease rates by zheka212 May 03, 2006 (12:50 pm)
Does anyone know what the May lease program is like for the Altima S w/special edition package? I'm looking in Atlanta, GA. Thanks! Replies to this message: zheka212 (May 13, 2006 8:50 am) worr (May 14, 2006 5:47 pm) qbrozen (May 18, 2006 11:52 am) marys236 (May 18, 2006 4:13 pm) and 1 more... zheka212 (May 26, 2006 5:29 am)
#93 of 743 Re: May lease rates [zheka212] by zheka212 May 13, 2006 (8:50 am)
Replying to: zheka212 (May 03, 2006 12:50 pm) Looks like I'll have to answer my own question. Got the following offer on the table:   Altima S w/Special Edition Package   36 Month Lease 12,000 miles included per year $0 Security Deposit $0 Down (Cap Cost Reduction)   Due at signing:     1st Payment $245.55* (35 payments would remain)   Title Fee $ 31.00   License Fee $ 12.00   GA MVWRA $ 3.00 (Lemon Law Funding)   MSRP $21,155 Selling Price $19,037 (Cap Cost) Residual 0.55 ($11,635.25) Money Factor .79 Admin Fee $550 (Bank Fee) Disposition Fee N/A Excess Miles $00.15 per mile   The money factor should be 0.00064, not .00079, but I'm going to attribute that to the fact that no security deposit is taken.   Questions: The invoice price for this car (on Edmunds) looks to be $20,034 -- how the heck are they selling me the car at $19,037? TMV is listed at $18,284, but that includes the rebate. Does this mean the $1,750 incentive apply to leases this month, and I have another $700 to negotiate down? Or is there lease cash similar to last month (that was only $500, and I seem to be getting $997 off invoice). Any info is appreciated. This seems like a good deal at first glance -- I just want to make sure there isn't more then meets the eye under the surface. Replies to this message: worr (May 14, 2006 5:47 pm) qbrozen (May 18, 2006 11:52 am) marys236 (May 18, 2006 4:13 pm) qbrozen (May 19, 2006 6:47 am) zheka212 (May 26, 2006 5:29 am)
#94 of 743 Re: May lease rates [zheka212] by worr May 14, 2006 (5:47 pm)
Replying to: zheka212 (May 13, 2006 8:50 am) The 1750 does not apply to the lease. The $500 college bonus can, however. Then there is the $500 bonus for lease besides that.
#95 of 743 Re: May lease rates [zheka212] by qbrozen May 18, 2006 (11:52 am)
Replying to: zheka212 (May 13, 2006 8:50 am) I just checked the VPP pricing page and it says there is $750 lease cash on the Altima this month. Replies to this message: marys236 (May 18, 2006 4:13 pm) qbrozen (May 19, 2006 6:47 am)
#96 of 743 Re: May lease rates [qbrozen] by marys236 May 18, 2006 (4:13 pm)
Replying to: qbrozen (May 18, 2006 11:52 am) Sorry to ask a dumb question, but what is the VPP pricing page? Replies to this message: qbrozen (May 19, 2006 6:47 am)
#97 of 743 Re: May lease rates [marys236] by qbrozen May 19, 2006 (6:47 am)
Replying to: marys236 (May 18, 2006 4:13 pm) that's not a dumb question at all. Sorry, I should have explained. VPP is the Nissan preferred pricing website. Its for employees of Nissan and employees of companies that have a relationship with Nissan (i'm in the latter group). In any case, I used that page because it conveniently lists all the current rebates in one place that are available to the public (not just VPP beneficiaries).
#98 of 743 Re: May lease rates [zheka212] by zheka212 May 26, 2006 (5:29 am)
Replying to: zheka212 (May 13, 2006 8:50 am) Ok, just an update in case someone tries to lease one during the Weekend.   Lease signed as :   36 mo/36 k Altima S w/ Special Edition Package   Total monthly payment -- $250 (Including 7% sales tax) Total paid at signing -- $296 (first payment + $46 in reg. fees).   Too lazy to work out the math since I haven't actually seen the lease (car was not for me). Thanks for the $750 lease cash tip. Even with that works out to a better deal then is advertised on the Nissan web page. They rolled the aquisition fee into the lease -- with the current MF it only makes sence.   Good luck and thanks!

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