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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
| 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?? | |
| go smaller man, you paying a ton for that lease, 7K down? damn. walk away, | |
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Replying to: Car_man (Apr 25, 2008 2:42 am) I was wondering if you had access to the July/August money factors / residuals for the '08 and '09 Armada 4x4 LE at 15K/year for both 2 and 3 year terms. Thanks, Anton
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Replying to: aamc (Aug 05, 2008 2:05 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Aug 12, 2008 1:14 am) 2009 SE w/ Premium Pkg, 39 mth lease or (if its different) 2009 LE w/ Tech Pkg, 39 mth lease This will be in South Florida thanks again, your information has always been a great help!!
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Replying to: sysman0 (Aug 30, 2008 5:09 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Car-Man, Would you kindly provide the current money factor and residual % for a 2008 NIssan Armada LE in Westchester County, NY. Also, is it true that december is typically the best month to lease the previous model year vehicles from import companies? Also could you provide the average financing rate for a purchase through NIssans captive finance company for a purchase of a 2009 for someone with good-excellent credit (credit score greater than 700). Thanks
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Replying to: matt04 (Dec 05, 2008 12:42 pm) NMAC's current buy rate lease money factor and residual value for a 36 month lease of an '08 Armada LE 4WD with 15,000 miles per year are .00325 and 38%, respectively. In general, December is often a good time to lease leftover vehicles. Of course, lease programs vary by model. Some manufacturers have already pulled the plug on their lease support for certain '08 vehicles. As far as its conventional financing program goes, Nissan is currently offering 0.9% financing for up to 5 years and 2.9% for 6 years on the 2009 Armada. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I need help understanding the $622 price. Here is what I did. $47400 plus a residual of $24174 = $71754 (times) .00123 money factor = an $88 money factor payment. the monthly depreciation payment is calculated by the $47400-24172=23226 divided by 39 months = $595. Therefore the total monthly would be $595 plus $88 or $683? I like your calculation much better, but I need to understand how you got there? Can you help? |
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Hi Car_man, Curious if you have the February lease numbers for a 2009 Armada LE; Would appreciate MF, residual for 36 year, 15K. Thanks in advance.
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