Nissan Altima Lease Questions

1911 messages,  Last post on May 23, 2013 at 5:27 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

#922 of 1911 Re: I'm at the end of my 2007 Altima lease- what's next? [mirm] by Car_man HOST

Feb 11, 2009 (4:31 am)

Replying to: mirm (Jan 30, 2009 7:38 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#923 of 1911 Re: New Altima in the Driveway [cmyawn] by Car_man HOST

Feb 11, 2009 (4:37 am)

Replying to: cmyawn (Jan 31, 2009 7:58 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 1911 Re: New Altima Lease Numbers? [psychoboy] by Car_man HOST

Feb 11, 2009 (4:45 am)

Replying to: psychoboy (Feb 04, 2009 6:03 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

#925 of 1911 Re: need help [pattyeo] by Car_man HOST

Feb 11, 2009 (4:51 am)

Replying to: pattyeo (Feb 06, 2009 7:15 am)
There certainly is, pattyeo. You are being very smart to find out exactly how leasing works prior to visiting any dealers. You definitely should check out the following informative articles that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#926 of 1911 Re: Re: Nissan Altima: Lease Questions [pax4] by Car_man HOST

Feb 11, 2009 (5:23 am)

Replying to: pax4 (Feb 09, 2009 2:01 pm)
No problem, pax4. I'm glad that I was able to help you out.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#927 of 1911 Re: New here...09 Altima Sedan 2.5 S CVT [Car_man] by pampi1

Feb 11, 2009 (2:03 pm)

Replying to: Car_man (Feb 11, 2009 4:18 am)
What were the Net Cao Cost Reductions to get to the Lease Price of $18,936.00?
I'm negotiating at this time for a 2009 Nissan Altima S, Automatic Transmission and Radio/CD and my quoted Lease price is $20,909.26 for 36 months and 12000 miles. (Ira Nissan/Tewksbury, MA) Money factor is .00158

#928 of 1911 Holiday Bonus Cash! Four days only! by cmyawn

Feb 12, 2009 (5:15 am)

Just saw this online today:
 
$1,000 Holiday
Bonus Cash***
for well-qualified buyers
 
*** Holiday Bonus cash back when you purchase a new 2009 Nissan Altima Sedan from new dealer stock. Offer ends 2/16/09. Holiday Bonus Cash can be applied to retail and lease sales and can be combined with existing Customer Cash, or NMAC Special APR, or may be combined with NMAC Lease. See Retailer for details.
 
$%#!&* now I am kicking myself for leasing on 1/30/2009.

#929 of 1911 Lease 2.5 Altima SL by peter05

Feb 14, 2009 (11:34 am)

Looking to Lease 2.5 SL Altima for 39 months with 15,000 miles in the Boston Area.
MSRP about $26,600 and nego price is $25,900.
Have been quoted $300 month with first month plus $300 in Document fees due upon signing.
Anyone know how much more room is there in this price?
Are Document fees negotiable?
Is there an Acquisition and Turn In Fee or is this included in lease?

#930 of 1911 Re: Lease 2.5 Altima SL [peter05] by djhalptert

Feb 16, 2009 (11:14 am)

Replying to: peter05 (Feb 14, 2009 11:34 am)
The non-negotiable acquisition fee should be included in your lease. (If they are saying only first payment and doc fee are due at signing). Doc fee is a made up way for dealer to make more profit. Almost every dealer has it. You can refuse to pay it and they can refuse to sell you a car. I would tell them XXX dealer's doc fee is only $120 and that is what you would be willing to pay. Nissan has now included a disposition fee in their leases. I think it's $350? Not sure. That is required at lease end. I think $700 off MSRP is ridiculous. Should be WAY under invoice. You should be able to lease this car for $270 at the most.

#931 of 1911 Re: Lease 2.5 Altima SL [djhalptert] by ga40

Feb 16, 2009 (7:11 pm)

Replying to: djhalptert (Feb 16, 2009 11:14 am)
I leased a 2.5S with SL package for $292 including TTL ( I am in a 7% tax county in georgia). You are right there is a lease end disposition fee which Nissan added in feb and is $395. Seems like that is non-negotiable.
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