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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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#991 of 1140 2009 Nissan Altima Lease Facts Needed by richiscan Apr 28, 2009 (9:03 am)
Car Man, I am looking to lease a 2009 Nissan Altima 2.5S in the Boston MA area. I am looking for the residual rate and money factor for a lease with both 12K miles as well as 15K miles.   I am also curious as to the negotiated Cap costs that people have been getting. Replies to this message: Car_man (May 01, 2009 2:48 am) fractious (May 01, 2009 3:56 pm) Car_man (May 04, 2009 1:41 am)
#992 of 1140 Re: Help With Numbers Please [travdog34] by Car_man HOST May 01, 2009 (2:18 am)
Replying to: travdog34 (Apr 14, 2009 9:04 am) Hi travdog34. This car's lease payment will vary depending upon what sort of selling price you negotiate. I can work up a sample payment for you using April's lease program if you'd like. The car that you described probably had a spread of around $1,350 between its full MSRP and its dealer invoice price. Add to that the $1,000 bonus cash that Nissan was providing on it and you have a total of around $2,350 to play with during your negotiations. For now I will assume that you were able to get this car for $500 over dealer invoice. Let's crunch some numbers.   According to my calculations, if you were to lease a 2009 Nissan Altima 2.5 S AT that has an MSRP of $22,545 and a selling price of $20,695 through Nissan Motor acceptance Corp. right now for 39 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $260. Of course, this doesn't include taxes or fees and Nissan enhanced its incentives (the new bonus cash) since your original post) but this is what I would shoot for if I was in the market for this car.   Having said that, Nissan's April lease program was only scheduled to run through yesterday, the 30th. Many manufacturers decided to extend their April programs through May 4th. I'm not sure if Nissan did or not, but either way it will introduce a new May lease program for this car, which may or may not be similar to its April program, any day now. Please feel free to check back with me to get an idea of what the new May program is like.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#993 of 1140 Re: leasing an altima soon in central jersey, [stmfttr05] by Car_man HOST May 01, 2009 (2:31 am)
Replying to: stmfttr05 (Apr 19, 2009 2:46 am) Hi stmfttr05. I would be happy to use Nissan's actual lease program to work up a sample payment on the car that you are interested in for you. However, in order to do so I need to know both its selling price and its full MSRP. I see that you already have the selling price, which is a good thing because this is a very important number that many consumers ignore. Just ler me know what the MSRP is and I'll crunch some numbers for you.   Nissan's April lease program was only scheduled to run through yesterday, the 30th. Many manufacturers decided to extend their April programs through May 4th. I'm not sure if Nissan did or not, but either way it will introduce a new May lease program for this car, which may or may not be similar to its April program, any day now. Please feel free to check back with me to get an idea of what the new May program is like.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#994 of 1140 Re: Rebate [khriscota] by Car_man HOST May 01, 2009 (2:42 am)
Replying to: khriscota (Apr 20, 2009 11:57 am) What you were told is correct, khriscota. The $1,500 customer cash that Nissan was providing on 2009 Altima Sedans in April was only for purchases, not leases.   However, on April 17th, Nissan introduced a special $1,000 bonus cash incentive on the '09 Altima that was compatible with its special lease program.   I used the past tense in my above statements because Nissan's April lease program was only scheduled to run through yesterday, the 30th. Many manufacturers decided to extend their April programs through May 4th. I'm not sure if Nissan did or not, but either way it will introduce a new May lease program for this car, which may or may not be similar to its April program, any day now. Please feel free to check back with me to get an idea of what the new May program is like.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#995 of 1140 Re: 2009 Nissan Altima Lease Facts Needed [richiscan] by Car_man HOST May 01, 2009 (2:48 am)
Replying to: richiscan (Apr 28, 2009 9:03 am) Hi richiscan. Nissan Motor Acceptance Corp.'s April buy rate lease money factor and residual value for a 36 month lease of a 2009 Altima 2.5S Sedan with 15,000 miles per year were .00124 and 57%, respectively. The residual value for a lease with only 12,000 miles per year is 1% higher.   As far as what sort of selling price to shoot for goes, if I was interested in leasing an '09 Altima right now I personally would shoot for a selling price of a couple hundred dollars over dealer invoice minus the $1,000 bonus cash.   I used the past tense in the above statements because Nissan's April lease program was only scheduled to run through yesterday, the 30th. Many manufacturers decided to extend their April programs through May 4th. I'm not sure if Nissan did or not, but either way it will introduce a new May lease program for this car, which may or may not be similar to its April program, any day now. Please feel free to check back with me to get an idea of what the new May program is like.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: fractious (May 01, 2009 3:56 pm) Car_man (May 04, 2009 1:41 am)
#996 of 1140 Re: 2009 Nissan Altima Lease Facts Needed [Car_man] by fractious May 01, 2009 (3:56 pm)
Replying to: Car_man (May 01, 2009 2:48 am) Hey Car_man,   Looks like the new May Nissan Altima programs just came out. Could you tell us the details? Replies to this message: Car_man (May 04, 2009 1:41 am)
#997 of 1140 Car man!! by fractious May 02, 2009 (10:41 am)
Car_man,   Another question. I got a quote on a 09 Altima 3.5 SE 4dr. MRSP is $33,780, dealer invoice is $30,867. Dealer will give the car to me for $207 over invoice. So for a 39 month lease, 15/yr, dealer quoted me at $386/mo w/ $3000 down total out of pocket in NJ (7% sales tax). Does this seem like a good deal? Replies to this message: Car_man (May 04, 2009 1:51 am)
#998 of 1140 lease offer by todao May 02, 2009 (3:21 pm)
Car Man, I've got an offer for an 09 NAH, fully equipped (convernience, tech and communications package with moonroof) at 39 months, 15K/year for $475 in LA. What do you think of this deal? Thanks. Replies to this message: Car_man (May 04, 2009 2:00 am) todao (May 04, 2009 11:49 am) Car_man (May 28, 2009 1:47 am)
#999 of 1140 Re: 2009 Nissan Altima Lease Facts Needed [fractious] by Car_man HOST May 04, 2009 (1:41 am)
Replying to: fractious (May 01, 2009 3:56 pm) Yep, fractious, Nissan did end up introducing its new programs on the 1st. Nissan Motor Acceptance Corp.'s new May buy rate lease money factor and residual value for a 36 month lease of a 2009 Altima 2.5S Sedan with 15,000 miles per year are .00107 and 56%, respectively. The residual value for a lease with only 12,000 miles per year is 1% higher.   Nissan is not providing any consumer cash incentives on leases of this car, but it is providing dealers that hit their sales targets with $1,000 dealer cash per unit.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1000 of 1140 Re: Car man!! [fractious] by Car_man HOST May 04, 2009 (1:51 am)
Replying to: fractious (May 02, 2009 10:41 am) Hey fractious. Let's use Nissan's new lease program to work up a payment on this car and see what we come up with. According to my calculations, if you were to lease a 2009 Nissan Altima 3.5 SE that has an MSRP of $33,780 and a selling price of $31,074 through NMAC right now for 39 months with 15,000 miles per year, I estimate that its zero down, pre-tax monthly payment would be around $382.   How does the $3,000 that the dealer is asking you for at lease signing break down? I ask because I usually advise consumers to pay as little money at signing as possible. Consumers who make large down payments on leases risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be higher, it's safer to go with a zero down lease.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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