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Nissan Armada Lease Questions

136 messages,  Last post on Nov 02, 2009 at 2:42 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Nissan Armada, Car Leasing, SUV


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#111 of 136
Re: It worked [centerice20] by mmoreno1978
Dec 26, 2007 (7:13 pm)
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Replying to: centerice20 (Nov 30, 2007 8:08 pm)

Where are you located? Are those types of deals still out there? We are looking to buy before the end of the year.
#112 of 136
3rd party leases by medicallady
Jan 13, 2008 (10:34 pm)
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Car man,
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.
 
Thanks.
#113 of 136
Re: 3rd party leases [medicallady] by Car_man HOST
Feb 01, 2008 (2:38 am)
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Replying to: medicallady (Jan 13, 2008 10:34 pm)

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.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#114 of 136
New Nissan Armada 4 x 2 by matta3
Feb 14, 2008 (3:58 pm)
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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???
 
Thank you
#115 of 136
Re: New Nissan Armada 4 x 2 [matta3] by matta3
Feb 16, 2008 (2:03 pm)
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Replying to: matta3 (Feb 14, 2008 3:58 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?
Thanks
#116 of 136
Re: New Nissan Armada 4 x 2 [matta3] by steevo
Feb 20, 2008 (5:45 pm)
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Replying to: matta3 (Feb 16, 2008 2:03 pm)

Try this..
 
http://www.leaseguide.com/calc.htm
 
 
#117 of 136
Help with exact lease figures by mcbobbyk
Mar 25, 2008 (4:01 pm)
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Car Man,
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 136
Re: Help with exact lease figures [mcbobbyk] by Car_man HOST
Apr 25, 2008 (2:42 am)
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Replying to: mcbobbyk (Mar 25, 2008 4:01 pm)

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.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#120 of 136
New 2009 Armada SE Lease by tron2
Jul 18, 2008 (5:38 am)
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I was just given a price of $619 per month for 39 months on a 2009 Armada SE 4X4 , most options except tech pack. 20,000 miles per year & $7000 down. I was upside down on my trade, a 2002 Q-45 & I owed $14,300 on that. Can anyone weigh in on whether this is a good deal or not. The trade is confusing me. The buyout at the end seems high as well, $23,200??

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