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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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#121 of 136
by scottinky
Jul 23, 2008 (3:16 am)
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go smaller man, you paying a ton for that lease, 7K down? damn. walk away,
#122 of 136
Re: Help with exact lease figures [Car_man] by aamc
Aug 05, 2008 (2:05 pm)
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Replying to: Car_man (Apr 25, 2008 2:42 am)

Car_man,
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
#123 of 136
Re: Help with exact lease figures [aamc] by Car_man HOST
Aug 12, 2008 (1:14 am)
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Replying to: aamc (Aug 05, 2008 2:05 pm)

Hi Anton. Here's the information that you're looking for. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2008 Nissan Armada LE 4WD with 15,000 miles per year are .00088 and 57%, respectively. The numbers for an otherwise identical 36 month lease are .00088 and 49%. The numbers for the '09 model are .00153 / 59% and .00153 / 51%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#124 of 136
Re: Help with exact lease figures [Car_man] by sysman0
Aug 30, 2008 (5:09 am)
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Replying to: Car_man (Aug 12, 2008 1:14 am)

Ok Car Man, please provide me the money factor & Residual for the following:
 
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!!
#125 of 136
Re: Help with exact lease figures [sysman0] by Car_man HOST
Sep 11, 2008 (2:25 am)
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Replying to: sysman0 (Aug 30, 2008 5:09 am)

You're very welcome, sysman0. Here's the info that you're looking for. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 39 month lease of a 2009 Nissan Armada SE 4WD with 15,000 miles per year are .00058 and 44%, respectively. The residual value for a lease with only 12,,000 miles per year would be 1% higher.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#126 of 136
Current Lease Info by matt04
Dec 05, 2008 (12:42 pm)
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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
#127 of 136
Re: Current Lease Info [matt04] by Car_man HOST
Dec 10, 2008 (2:51 am)
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Replying to: matt04 (Dec 05, 2008 12:42 pm)

Hi Matt. Nissan is no longer providing lease support on the 2008 Armada. as a result, if you were to lease one through Nissan Motor Acceptance Corp., you would have to use its standard lease program. Its program for this truck varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different.
 
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. yuck.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#128 of 136
Regarding Post #118 by Sprkieee
Jan 02, 2009 (6:31 pm)
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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?
#129 of 136
February Armada LE numbers by ucjjg
Feb 07, 2009 (7:50 pm)
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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.
#130 of 136
Re: February Armada LE numbers [ucjjg] by Car_man HOST
Feb 11, 2009 (4:29 am)
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Replying to: ucjjg (Feb 07, 2009 7:50 pm)

Here you go, ucjjg. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2009 Armada LE 4WD with 15,000 miles per year are an atrocious .00325 and 36%, respectively.
 
This unsupported lease program can be combined with the $4,500 customer cash that is currently available on this truck, but if I was in the market for one I personally would not lease. I would either use the $4,500 and finance it through an independent bank or finance it through NMAC using its special 1.9% rate for 5 years.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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