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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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#947 of 1140 Looking for lease details on Altima 2.5S by shackt65 Mar 03, 2009 (6:35 pm)
Car_man   Received below quote from local dealer on an 09 Altima 2.5S with Convenience Package and Connection package floor mats and splash guards.   MSRP $25,005 Savings $3,253 Internet Sales Price $21,752   Price looks pretty good however I am looking to lease for 39 months, 15000 miles no money down. Dealer state lease program just changed, any idea what a lease payment would be?   Thanks, Shackt Replies to this message: Car_man (Mar 17, 2009 2:31 am)
#948 of 1140 Should I do this or no? by cheeseplz Mar 08, 2009 (8:45 pm)
Ok so heres my question. I'm looking at buying a new altima and was wondering if it makes more sense to lease it (to have lower monthly payments) and then after 3 years just buy it outright? I'm not totally sure how leases work but to me it seems like a good way to pay less for a car upfront and then buy a depreciated car for less. If I was to buy it from the start I'd pay 2-3 times more a month wouldn't I? Yes after 5 years I'd own it but I also paid full price for a car that isn't worth that now. Like I said i'm not too sure what the advantages to leasing and then buying at the end of a lease are, most info on edmunds concerns leasing and then releasing at the end. PLEASE help me with any info you can. Replies to this message: chuck68516 (Mar 11, 2009 7:58 am) jimmycorn (Mar 11, 2009 8:33 pm)
#949 of 1140 Re: Should I do this or no? [cheeseplz] by chuck68516 Mar 11, 2009 (7:58 am)
Replying to: cheeseplz (Mar 08, 2009 8:45 pm) If you are talking over a 6 year time frame...   A $28,000 Altima 2.5S w/ SL Package, 36 month lease, purchase option at lease end is going to be around $16,000 PLUS SALES TAX, so say $17,000. If you financed that $17,000 for an additional 36 months your payment would be over $510. The additional 36 month loan would cost $18,360. If you negotiated an awesome lease (as several people have reported) you are looking at $300 a month for 36 months. Total payments = $10,800. TOTAL COST TO LEASE THEN BUY $29,160.   You could buy it for $23,500. (People are reporting around $4,500 off MSRP on the S with SL package). Sales tax would be around $1,500. If you financed $25,000 for 72 months, you would owe $13,400 after 36 months. You would've already paid $15,120 in total payments. TOTAL COST TO BUY $30,240.   This really depends on your ability to negotiate a great lease. Some people have reported $290 on the 2.5S w/ SL. Some have reported $400. Even $50 a month difference is $1,800 during the life of the lease. In the long run it is probably at least less of a hassle to just buy it outright. Why even lease if you know you want to keep the car forever?
#950 of 1140 Re: Should I do this or no? [cheeseplz] by jimmycorn Mar 11, 2009 (8:33 pm)
Replying to: cheeseplz (Mar 08, 2009 8:45 pm) Hey Cheese, Chuck sure ran a lot of great numbers for you. As he said and you can see, it's the deal that still matters, you can go right (OR wrong) depending on all the numbers. I've been leasing cars for 25 years. Many financial people will tell you leasing is the more expensive way to get a car. I use mine for work, so I write it off and leasing is better. I always do 3 years or definitely within the warranty. I always do zero out of pocket, too. It seems really backward to me to put money down on a "rental" - you are just "borrowing" it. Put money down on a purchase only. With leasing you get into a nice car with no money and a small payment, but you own nothing at the end. Hope my opinion/input helps.
#951 of 1140 Altima 3.5 SL MoneyFactor & Residual Please . . . by integritas Mar 11, 2009 (9:48 pm)
Hey Car_Man... hope you make it to the N's soon... as I'd be grateful if you could advise:   Current Money Factor & Residual for an Altima 3.5 SL Sedan... 36 month lease... 10000 (or 12000... whatever is minimum) miles/year.   Much thanx! Replies to this message: Car_man (Mar 17, 2009 2:34 am)
#953 of 1140 by pax4 Mar 13, 2009 (1:35 pm)
Hello Car_man,                        I'm thinking of leasing an 09 Altima 2.5 S, W/ SL convenience,convenience plus and connection package with mats and splash guards. How do these figures look   MSRP 27,395   Sell Price 24,546   Residual 56%   Money Factor .00124   Terms 39 months   Tax 6% ( Fla )    595. at signing       333.00 a month with taxes   Feed back appreciated Replies to this message: Car_man (Mar 17, 2009 2:53 am)
#954 of 1140 Altima 09 by pax4 Mar 13, 2009 (1:39 pm)
Car_man             Re last post # 953 it will have a 15,000 miler per year.   thank you (AGAIN)
#956 of 1140 Extended Warranty by pax4 Mar 14, 2009 (10:22 am)
Car_man or Somebody                                     I am leaseing a 09 Altima 39months 15,000 miles.Should I take the Nissan Security+Plus Protection package for an additional $350??? I thought Nissan was resposible for the car if something goes wrong with it during the entire lease period!   Thanks for any feed back. Replies to this message: Car_man (Mar 18, 2009 1:47 am)

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