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Nissan Armada, Car Leasing, SUV
#110 of 219 2008 Armada LE 4X4 lease
Dec 11, 2007 (8:05 am)
Can you please provide the MF and Residuals for Nissan Armada LE 4x4 with MSRP of $47,446 and Sale price of $$44,221 -$4500 rebate for a grand total sales price of $39721 (which is invoice).
I am aware that you have to use independent back to get $4500 rebate, do these banks follow the same residual and MF as NMAC? Additionally, I am interested in a 36 or 39 month lease with 15 k miles, I live in MD 5% sales tax on entire purchase.
We need a large vehicle for the expanding family and Nissan price seems attractive, however we are not set in stone on Armada if there is a better deal on a large 4x4 SUV out there, do you have any suggestions on good lease deals if Armada lease is not a good deal (which after reading previous posts it appears not to be a good deal in general).
Can you provide what the after tax payment should be assuming I put zero down. I appreciate your support in advance!
Additionally, you provided excellent information that helped on the purchase of my last 2 vehicles (Mazda RX8 and Acura TL), thanks again.
#111 of 219 Re: It worked [centerice20]
Dec 26, 2007 (7:13 pm)
Where are you located? Are those types of deals still out there? We are looking to buy before the end of the year.
Jan 13, 2008 (10:34 pm)
I have read several posts and am a bit confused by the lease vendors. I hear that NMAC does not allow for rebates on their leases, however i also hear that non-NMAC will allow the rebate. I didnt know this was possible, how do i research other banks that will lease so that i can apply the rebates to the price? I guess i will have to research their money factors as well...and their residuals.
#113 of 219 Re: 3rd party leases [medicallady]
Feb 01, 2008 (2:38 am)
Hi medicallady. Nissan does not usually allow consumers who lease through NMAC to take advantage of customer cash incentives because in most cases it is already providing a large amount of lease support on the NMAC program and allowing the combination of both programs would be extremely expensive. As far as Nissan is concerned, a lease through a different bank is no different than a cash purchase and it would be eligible for any available customer cash. Having said this, NMAC's lease program is usually so much better than the ones that are available through independent banks that it usually pays to go with a NMAC lease even if if means forfeiting the cash.
Most independent banks do not deal directly with the general public, but require consumers who want to lease through them to go through a dealer. So is is difficult for individual consumers to find out what the lease programs for independent banks are like on their own. Dealers usually have computer programs that enable them to search the country for the best deals that are being offered by independent banks. If an independent bank is offering a more attractive program than a captive finance company, dealers will usually try to steer consumers in that direction.
Prices Paid: Buying & Leasing Experiences Forum
#114 of 219 New Nissan Armada 4 x 2
Feb 14, 2008 (3:58 pm)
Retail price is roughly $48,000 and selling price is roughly $42,500. I have $5,372 of negative equity in my current lease. Total capitalized cost will be roughly $48,299.00
Quoted 36 months with 15K the money factor is .00123
Stupid question, but do I simply multiply the total capitalized cost times .0123 to get my lease payment???
#115 of 219 Re: New Nissan Armada 4 x 2 [matta3]
Feb 16, 2008 (2:03 pm)
Disregard my message above as I had a brain cramp. I guess I am looking for a full proof money factor to multiply times the capitalzed cost to get the payment.
Is that even possible or do you have to do all of the calculations each and every time?
When will the 2009's come out?
#117 of 219 Help with exact lease figures
Mar 25, 2008 (4:01 pm)
Would you mind running the numbers on the following lease? I'm comparing their figures from NMAC against a lease calculator and I'm not having any luck.
2008 Armada LE MSRP $52,400
Invoice and selling at $47,400
12,000 miles, 39 month lease
NJ 7% sales tax
$0 down except for 1st month payment
Saleswoman says the NMAC money factor is .000123 but was a bit hazy on the residual. I'd like any help you can give me on this lease. Thank you in advance.
#118 of 219 Re: Help with exact lease figures [mcbobbyk]
Apr 25, 2008 (2:42 am)
Hi mcbobbyk. Dealer invoice is an excellent selling price for a leased 2008 Nissan Armada. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 39 month lease of an '08 Armada LE 4WD with 12,000 miles per year are .00123 and 51%, respectively. Using these numbers, an MSRP of $52,400, and a selling price of $47,400, I come up with a zero down, pre-tax monthly payment of around $622.
Prices Paid: Buying & Leasing Experiences Forum