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Nissan Altima Lease Questions

1140 messages,  Last post on Nov 23, 2009 at 7:02 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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#971 of 1140
Re: New nissan lease [77snb] by z2adambomb
Mar 22, 2009 (9:39 pm)
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Replying to: 77snb (Mar 21, 2009 4:10 pm)

Hey 77,
I'm in a similar boat with a lease on a pathfinder ending with a $300/mo payment. I've found the cheapest option is simply making your remaining payments and letting the car sit. If you terminate it early and stop payments, chances are the early termination fee you pay will be higher. The nissan dealer should offer to take the car and it'll sit on their lot until the lease expires and they'll roll the payments ($900) into your altima quotes. $900 distributed over a 36 month lease equates to roughly $20 on your monthly payment... so factor that into your negotiations. I'm personally looking now since I'll be over in my mileage so paying that fee vs. having a double car payment for one or two months just about breaks even. there is an incentive to stay with Nissan... I was told it's simply $500 toward your next lease or purchase, so that doesn't quite cover two of your pathfinder payments let alone any wear and tear fees you might encounter turning the car in. In the past I've been able to negotiate waiving wear and tear fees if I remain with the company (Volvo was great about this, I'm not sure about Nissan). As for the money factor, the Altima is by far Nissan's best selling car right now. I would imagine they'll keep the low MF's for a while to keep the company running well through this economic downturn. Bottom line I've found is just to be patient. Gas prices are low so driving the pathfinder doesn't hurt as much as with $4/gal gas. Patience will also allow you more time to shop and really get some bargaining leverage with other brands as well.
#972 of 1140
Re: New nissan lease [z2adambomb] by clarencehollow
Mar 24, 2009 (12:53 pm)
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Replying to: z2adambomb (Mar 22, 2009 9:39 pm)

Nissan doesn't have an early termination fee. However there is up to $1000 bonus cash on the Altima lease now through the end of March. So having the dealer cut you a check for the final payments of your Pathfinder is the way to go for sure. MF will be low but next month the Residual changes and the bonus cash disappears. You'll be kicking yourself for letting the best month for leasing an Altima (with bonus cash) and passing right by it. It's your money so I don't really care.
#973 of 1140
Need residual values/money factors asap, please help... by b22squared
Mar 30, 2009 (6:26 pm)
Reply
I used this board a few years ago but got a late start this year. My lease on my 2006 Altima 2.5 Spec Ed expires on Wed but I'm headed to dealer tomorrow AM.
 
Carman or anyone else able to confirm the money factor and res value for a 2009 Altima 2.5S (I'll get conv pkg, mats,) with 15k miles for 39 months, auto transmission?
 
Thanks in advance for your help. I could not find posts from March for 39 month numbers and not sure if numbers changed from February.
#974 of 1140
Deal of the Century on My 09 Altima ?? by bigbucks1959
Mar 31, 2009 (5:51 pm)
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I closed a deal today on a 09 Altima 2.5S CVT in Brick Red: Check it out:
I owed 8 more payments on my 07 Accord of $273 ($2184) I told them I don't need a car I have one but if you payoff my Accord and give me a good deal on a lease I will take an Altima today..I knew they were hungry because it was the last day of month hehehe...
 
I have a new lease payment of $274 (includes 9% tax in it) 39 month lease..I paid $500 for fees and they cut me a check for $2,184 to payoff my accord.
 
I am very happy with the deal and love the Altima so far..CVT takes some getting used to but love the manual shifting better anyhow.
 
PK
#975 of 1140
Help With Numbers Please by travdog34
Apr 07, 2009 (4:32 pm)
Reply
Specs of the car:
2009 Nissan Altima 2.5 S 4dr Sedan (2.5L 4cyl CVT)
MSRP: $22,545
 
Terms of lease:
39 months
12,000 miles/year
$0 down
 
In march I received a low offer of $249/month. This was from a price match guarantee that said they would beat any offer by $10/month. So I guess you could say one offer was $259/month, and I took that to the other dealership with the guarantee and they went to $249/month with $0 down.
 
Now that it is April, I am wondering if I have room to bargain lower? Do the new numbers this month permit this? I would love to get to around $229/month. Anyone know or think this is possible? Or have the numbers gotten worse, and should I be begging to get $249/month still.
 
I have about 2 weeks to finalize, so any and all help is much appreciated!!
 
Location is Raleigh, NC.
 
Thanks!
#976 of 1140
Re: March Residual/MF [kozaka] by Car_man HOST
Apr 09, 2009 (1:41 am)
Reply

Replying to: kozaka (Mar 19, 2009 7:16 am)

Hi kozaka. NMAC's new buy rate lease money factor for a 36 month lease of a 2009 Altima S Sedan is .00124.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#977 of 1140
Re: 2009 Nissan Altima 2.5 S FULLY LOADED ALL OPTION [stunner_shades] by Car_man HOST
Apr 09, 2009 (1:46 am)
Reply

Replying to: stunner_shades (Mar 19, 2009 2:42 pm)

Hi stunner. The best way to evaluate how good a deal this is is to take a look at this car's selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Knowing the selling price enables one to tell if there is any room left to try to squeeze a larger discount out of the dealer. Let us know what this number is (the MSRP would be helpful as well) and I'm sure that either myself or another knowledgeable community member will be happy to tell you what they think.
 
One thing that I notice about this deal right off the bat is the $2,000 down payment that you are being asked to make. I always advise consumers not to make capitalized cost reductions when leasing. Those who make one risk losing part or all of it if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your car's monthly payment will be a little higher, it would be much safer to go with a zero down lease.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#978 of 1140
Re: Need residual values/money factors asap, please help... [b22squared] by Car_man HOST
Apr 09, 2009 (1:50 am)
Reply

Replying to: b22squared (Mar 30, 2009 6:26 pm)

Hi b22squared. Nissan Motor Acceptance Corp.'s April buy rate lease money factor for a 39 month lease of a 2009 Altima 2.5S Sedan is .00124.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#979 of 1140
Re: Need residual values/money factors asap, please help... [Car_man] by vnovacats1
Apr 10, 2009 (1:13 pm)
Reply

Replying to: Car_man (Apr 09, 2009 1:50 am)

Rresidual = 58%
#980 of 1140
Re: altima lease [Car_man] by stunner_shades
Apr 11, 2009 (11:04 am)
Reply

Replying to: Car_man (Mar 18, 2009 1:55 am)

Hi, carman the msrp of the car is 30,075 fully loaded 2009 nissan altima 2.5 SL the capitalized cost is 26,537.72. I'm sure i can still lower them about 1,000.00 right carman?? And im going to take your advise and get the best price with 0 money down!! =) Any other numbers you need to help me get the best price...?? Thanks

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