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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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#46 of 136
Re: Looking to Lease [sasuke] by Car_man HOST
Dec 13, 2006 (3:12 am)
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Replying to: sasuke (Nov 27, 2006 8:38 pm)

Hi sasuke. While Nissan is providing $3,000 customer cash on the 2006 Armada, unfortunately this cash cannot be combined with Nissan's special lease program. Nissan is not currently providing any cash incentives on leases of this truck. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2006 Armada SE 4WD with 15,000 miles per year are .00105 and 48%, respectively.
 
Car_man
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#47 of 136
Lease Help! - 07 armarda SE 4x4 with sunroof package by massguy2
Dec 23, 2006 (9:23 am)
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Hi above vehicle MSRP is $42,235; TMV is $41,938 but also subtracting 2k rebate amounts to $39,938.
My situation involves a 48 to 60 month lease (my company will pay a large percentage of the lease) then I can buy the car at end of lease so I'm looking for a smaller buyout figure. is either of these quotes any good?
 
#1 - 48 month lease; 12k/year
     2k down plus tax and first payment
     $459/month
     lease end value: $17,302
 
#2 - 60 month lease; 12k/year
     2k down and same costs as above
     $429/month
     lease end value: $14,274
#48 of 136
Re: Lease Help! - 07 armarda SE 4x4 with sunroof package [massguy2] by kyfdx HOST
Dec 23, 2006 (12:36 pm)
Reply

Replying to: massguy2 (Dec 23, 2006 9:23 am)

One point... One way to get a lower residual is to increase your mileage allowance.. A 15K/year lease might reduce your residual by 2% (or around $800).
 
Normally, you wouldn't want to pay for miles that you don't use, but in this case.. you aren't paying for them.
 
regards,
kyfdx
#49 of 136
Seems very high by sbuhler
Dec 29, 2006 (9:32 am)
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I got a quote for a 2007 Armada SE. It seems really high and I cannot even duplicate their monthly payment. Carman can you give me your thoughts?
 
MSRP: 37375
Cap Cost: 34593 (does not include rebate)
Money Factor: 0.00274
Residual: 19,061 (Seems extremely low ... I don't even know if the 2006s are that low)
36 mos, 12K/yr
Monthly Payment: $654 (they told me pre-tax)
 
Thoughts? Thanks.
#50 of 136
Can't find a 4X2 LE by bud_foxx44
Jan 05, 2007 (6:01 pm)
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I am trying to get a price on 4X2 LE but I am being told they are hard to find in the NorthEast. I live in North New Jersey. I got a MSRP of $40,995 on a 4X4 LE with Sunroof option and a couple of other small options. The monthly lease price I got so far was $645 a month on a 39 month lease. I got a $628 price on a 36 Month 12K a year but I didn't get the MSRP on that. Bottom Line, I should be paying something the mid to high 500's no? A friend of mine got a Chevy Tahoe with a sticker of $53K and pays $685 on a 48 month lease. With a MSRP of $41K, I should pay in the $500's I would think.
 
Please help
#51 of 136
Looking for current residual and money factors by danymac13
Jan 14, 2007 (6:10 am)
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I'm looking to lease a '07 LE. What are the residual and money factors for a 39 month lease with 12K miles per year?
#52 of 136
Re: Looking for current residual and money factors [danymac13] by sbuhler
Jan 14, 2007 (11:48 am)
Reply

Replying to: danymac13 (Jan 14, 2007 6:10 am)

I don't know about the residual and money factors for the LE, but I just leased an '07 SE.
 
The money factor was .00188 with a security deposit for a 39 month lease. The residual was 49%.
 
Sam
#53 of 136
Re: Looking for current residual and money factors [sbuhler] by manaraki
Jan 15, 2007 (4:32 pm)
Reply

Replying to: sbuhler (Jan 14, 2007 11:48 am)

Sam,
 
May I ask what your monthly payments were?
#54 of 136
2006 Armada LE 4x4 Lease Question by manaraki
Jan 15, 2007 (4:35 pm)
Reply
I need to know what I would be looking at for payments on this vehicle:
 
MSRP 46,685.00
 
Selling Price 39,299.00
 
I need to get as low a payment as possible. I could do 10K miles. The lease could go 48 months if needed. What would it take to get payments under 400.00 if possible? Thanks
#55 of 136
Re: 2006 Armada LE 4x4 Lease Question [manaraki] by sbuhler
Jan 16, 2007 (3:55 am)
Reply

Replying to: manaraki (Jan 15, 2007 4:35 pm)

My monthly payment is 525 with Tax. My tax rate is paid monthly and is 9% of the monthly payment. All I put down was the first payment (525 + 550 security deposit to lower the money factor + title fees). I believe it came to $1281. My lease is for 39 months at 12K per year.
 
Even if your money factor was 0 which is 0% which is not possible since the lowest rate I could find was 0.00188 or ~
4.512%, if you don't put anything down on the lease for 39 mos your payment would still be 421, but once you add in the lease charge (finance charge) it will be in the 500s before tax.
 
I would recommend getting this excel file to plug in your numbers
http://www.carbuyingtips.com/regm.xls
 
The part that I know is that for a 2007 SE for 39 mos 12K miles the money factor with a security deposit is 0.00188 and the residual is 49% (of MSRP).
 
Of course you can get your payment below 400 by putting a large amount as a downpayment which people on this forum don't recommend because you can loose all of that money if the car is stolen or totaled in an accident.
 
That would be awesome if you are able to get that selling price. I don't know if the rebate (3,000) that is available can be used with their lease program. Don't forget that you need to pay the acquisition fee also which is usually added to the selling price.
 
Hope this helps.
 
Take care,
Sam,

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