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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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#915 of 1132
Re: Re: Nissan Altima: Lease Questions [Car_man] by pax4
Feb 09, 2009 (1:01 pm)
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Replying to: Car_man (Oct 11, 2005 2:34 am)

Car_man,
                Thank you so much for your help! This is my first visit to this site and reading the exchanges between you and the folk are very helpful...Again, Thank You.
#916 of 1132
Re: Good or Bad lease? [ral2167] by blackfx35
Feb 09, 2009 (2:57 pm)
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Replying to: ral2167 (Feb 09, 2009 11:38 am)

$27398 was the MSRP.
#917 of 1132
Re: Good or Bad lease? [blackfx35] by stoopy
Feb 09, 2009 (7:12 pm)
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Replying to: blackfx35 (Feb 09, 2009 2:57 pm)

I have a lease quote for an '09 Altima 2.5 S with SL Package, Connection Package, Floor Mats. MSRP is $27,260. I was quoted $300 for 36 months with nothing due at signing except first payment. This was a simple one shot email request. Didn't haggle at all. I'm guessing you could easily get it to $290 if you tried.
#918 of 1132
Re: New Altima Money Factor and Residuals [cmyawn] by Car_man HOST
Feb 11, 2009 (2:59 am)
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Replying to: cmyawn (Jan 22, 2009 4:43 am)

You're very welcome, cmyawn.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#919 of 1132
Re: '09 Altima 2.5 S lease deals [tasteckler] by Car_man HOST
Feb 11, 2009 (3:07 am)
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Replying to: tasteckler (Jan 23, 2009 8:53 am)

Hi tasteckler. The money factor that you were quoted for these cars is right in line with Nissan Motor Acceptance Corp.'s buy rate for them. That is a good thing.
 
The other important number to focus on when leasing is your vehicle's selling price. Let's take a look at them. You were quoted a dealer discount of around $1,700 on the first car and of around $1,900 on the second car. Both of the selling prices that you were quoted appear to be below dealer invoice, which is an excellent deal.
 
Both of these deals look very attractive to me. If you like these cars, I personally don't see any reason not to go for it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#920 of 1132
Re: New here...09 Altima Sedan 2.5 S CVT [Newport5003] by Car_man HOST
Feb 11, 2009 (3:18 am)
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Replying to: Newport5003 (Jan 27, 2009 6:32 pm)

As they say on sports talk radio, welcome aboard Newport5003. Since you have been helpful enough to provide all of the necessary data (most importantly this car's MSRP and selling price) I would be happy to work up a sample lease payment on the car that you are interested in for you.
 
According to my calculations, if you were to lease a 2009 Nissan Altima 2.5S CVT Sedan that has an MSRP of $22,545 and a selling price of $18,936 through Nissan Motor Acceptance Corp. right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $208. The payment for an otherwise identical 39 month lease would be $201.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#921 of 1132
Re: CT quote [lotuspeddler] by Car_man HOST
Feb 11, 2009 (3:20 am)
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Replying to: lotuspeddler (Jan 28, 2009 6:00 am)

Hi lotuspeddler. As far as the fees that you will have to pay on this lease goes, Nissan Motor Acceptance Corp. charges a $595 acquisition fee on every vehicle that it leases. I believe that it is waiving its security deposit requirement on the 2009 Altima right now. NMAC just started charging a disposition fee on leases a couple of months ago. I believe that it is something like $350.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#922 of 1132
Re: I'm at the end of my 2007 Altima lease- what's next? [mirm] by Car_man HOST
Feb 11, 2009 (3:31 am)
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Replying to: mirm (Jan 30, 2009 6:38 pm)

Hi mirm. Since you are relatively new to leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
In short, the best way to get a good deal on your leased vehicle is to negotiate as low a selling price as possible on it and then have the dealer that you are working with calculate its payment using its buy rate lease money factor.
 
The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. In today's environment, most consumers are able to get high volume vehicles like the Altima for around dealer invoice. You can look up the exact invoice price of the car that you want by hopping over to the New Vehicle Pricing section of Edmunds.com.
 
Once you have negotiated a selling price that you are comfortable with, have the dealer calculate your monthly payment using Nissan Motor Acceptance Corp.'s current buy rate lease money factor of .00158.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#923 of 1132
Re: New Altima in the Driveway [cmyawn] by Car_man HOST
Feb 11, 2009 (3:37 am)
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Replying to: cmyawn (Jan 31, 2009 6:58 am)

You're very welcome, cmyawn. Thanks for taking the time to make such a detailed post about your recent buying experience. If you have the top, make sure to stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on the dealers that you mentioned. Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#924 of 1132
Re: New Altima Lease Numbers? [psychoboy] by Car_man HOST
Feb 11, 2009 (3:45 am)
Reply

Replying to: psychoboy (Feb 04, 2009 5:03 pm)

Hi psychoboy. You definitely do not want to lease this car for only 24 months. Nissan stopped providing lease support on two year leases a couple of months ago. Its current buy rate lease money factor for that term is an atrocious .00325.
 
Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2009 Altima 2.5S Sedan with an automatic transmission and 15,000 miles per year are a much more reasonable .00158 and 59%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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