You are here: Forums Prices Paid: Buying & Leasing Experiences Nissan Armada Lease Questions

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

Messages Page 6 of 14 1 ... 3 4 5 6 7 8 9 ... 14 Prev Next Last

Go To Msg # Search This Discussion

#51 of 136 Looking for current residual and money factors by danymac13 Jan 14, 2007 (6:10 am)
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? Replies to this message: sbuhler (Jan 14, 2007 11:48 am) manaraki (Jan 15, 2007 4:32 pm) Car_man (Jan 22, 2007 3:18 am)
#52 of 136 Re: Looking for current residual and money factors [danymac13] by sbuhler Jan 14, 2007 (11:48 am)
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 Replies to this message: manaraki (Jan 15, 2007 4:32 pm)
#53 of 136 Re: Looking for current residual and money factors [sbuhler] by manaraki Jan 15, 2007 (4:32 pm)
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)
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 Replies to this message: sbuhler (Jan 16, 2007 3:55 am) Car_man (Jan 22, 2007 3:26 am)
#55 of 136 Re: 2006 Armada LE 4x4 Lease Question [manaraki] by sbuhler Jan 16, 2007 (3:55 am)
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,
#56 of 136 Re: Seems very high [sbuhler] by Car_man HOST Jan 22, 2007 (3:10 am)
Replying to: sbuhler (Dec 29, 2006 9:32 am) Hi sbuhler. A base 2007 Nissan Armada SE 2WD has a spread of around $3,175 between its full MSRP and its dealer invoice price. You were quoted a discount of $2,782 on this truck. So you are probably at around $500 over dealer invoice or so. That is a good deal on this truck right now. Using the prices that you mentioned in your post and NMAC's latest 36 month, 12,000 mile per year money factor and residual value (.00230 / 50%), I estimate that this truck's zero down, pre-tax monthly payment should be around $565. As you can see, something's not right about the payment that you were quoted.   Car_man Host Prices Paid Forum
#57 of 136 Re: Can't find a 4X2 LE [bud_foxx44] by Car_man HOST Jan 22, 2007 (3:12 am)
Replying to: bud_foxx44 (Jan 05, 2007 6:01 pm) Hi bud_foxx44. I would be happy to use Nissan's actual lease program to tell you exactly how much the specific truck you are interested in will cost to lease right now. I just need you to provide me with its full MSRP and approximate selling price. You may be able to get an idea of what sort of selling price to expect by visiting the following discussion: "Nissan Armada: Prices Paid & Buying Experience".   Car_man Host Prices Paid Forum Replies to this message: bud_foxx44 (Jan 22, 2007 7:17 am) Car_man (Feb 12, 2007 3:58 am)
#58 of 136 Re: Looking for current residual and money factors [danymac13] by Car_man HOST Jan 22, 2007 (3:18 am)
Replying to: danymac13 (Jan 14, 2007 6:10 am) Hi danymac13. Nissan Motor acceptance Corp.'s current buy rate lease money factor and residual value for a 39 month lease of a 2007 Nissan Armada LE 4WD with 12,000 miles per year are .00230 and 51%, respectively.   Car_man Host Prices Paid Forum
#59 of 136 Re: 2006 Armada LE 4x4 Lease Question [manaraki] by Car_man HOST Jan 22, 2007 (3:26 am)
Replying to: manaraki (Jan 15, 2007 4:35 pm) Hi manaraki. Nissan is no longer providing lease support on the 20067 Armada. You can still lease one through Nissan Motor acceptance Corporation if you want, but if you do you will have to use its standard lease program. That's the bad news. The good news is that Nissan is currently providing $4,000 dealer cash on this truck that you can use to negotiate a very low capitalized cost for your lease.   Let's work up some payments for this truck using the prices that you mentioned in your post and see what we come up with. According to my calculations, if you were to lease a 2006 Nissan Armada LE 4WD with an MSRP of $46,685 and a selling price of $39,299 through NMAC right now for 36 months with 12,000 miles per year (I don't believe that it offers leases with only 10,000 miles per year), your zero down, pre-tax monthly payment would be around a whopping $710. The numbers for an otherwise identical 39 month lease should be $679. The numbers for a 42 month lease would be $663. And the numbers for a 48 month lease would be around $635. Unfortunately, as you can see, you are not going to be able to get anywhere near the $400 per month that you're looking for. You might be able to get closer to that number by leasing a 2007 model, but even then you're still going to be well over $500 a month for an Armada.   Car_man Host Prices Paid Forum
#60 of 136 Re: Can't find a 4X2 LE [Car_man] by bud_foxx44 Jan 22, 2007 (7:17 am)
Replying to: Car_man (Jan 22, 2007 3:12 am) Here are the 2 different Options:   2007 4X4 LE with just sunroof option MSRP $44,000 selling price $38,690 plus tax   2007 4X4 LE tech package with Nav and sunroof MSRP $48,000 selling price $40,190 plus tax.   I am looking at 39 or 48 month lease for 12K a year and the tax rate is 7% where I live.   Also I would like to pay 1st month and motor vehicle fees upfront, somewhere around $1400-1500   Thanks Replies to this message: Car_man (Feb 12, 2007 3:58 am)

Messages Page 6 of 14 1 ... 3 4 5 6 7 8 9 ... 14 Prev Next Last

Go To Msg # Search This Discussion

You are here: Forums Prices Paid: Buying & Leasing Experiences Nissan Armada Lease Questions