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Prices Paid: Buying & Leasing Experiences 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
Could you please provide the current 3yr/15k money factor and residual on the armada. Thanks!!
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Replying to: buster6 (Jan 30, 2006 10:24 am) Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Feb 21, 2006 4:49 am) Thanks
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Replying to: achadha1 (Feb 26, 2006 10:17 pm) Car_man Host Smart Shopper / Prices Paid Forums
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Hello, I am looking at a NEW '06 Armada LE with Rear DVD and Tech Package, Micro-Filter, Floor Mats. The MSRP is $46,075.00 or thereabout. I also have a 2003 Lincoln Aviator with 38,500 miles, and Autobytel says the good trade in value for it is $20,675. My payoff is $17,748.00 so I have some equity. All told, I offered the dealership $619.00 per month for 36 months, and they countered with $629.00 for 38 months. I based this off of paying invoice which is $41,600 minus $2,252.00 in equity (if they give me $20,000 for mine), rolling in title and license, and with the taxes being waived. I used a rate factor of .0163. Is this the correct one to use??? They told me you either get the rebate of $2,000 or the sales tax waived, and in Texas our sales tax on cars is 6.25%. Is $619.00 a good deal, a great deal, or not so good? I have to decide by tomorrow. Thank you!!!!!!!!!!!
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Replying to: Car_man (Feb 27, 2006 3:13 am)
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Replying to: matta3 (Feb 27, 2006 5:28 am) Dealer invoice is a very attractive selling price for this truck, especially considering that the $2,000 customer cash that Nissan is currently providing on it is not compatible with its special lease program. Let's estimate what sort of lease payment this truck would have if you were to lease it through Nissan Motor Acceptance Corp. According to my calculations, if you were to lease a 2006 Nissan Armada LE 4WD with an MSRP of $46,075 and a selling price of $41,600 through NMAC right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $609. So $619 a month before tax is a good deal, as long as you don't have to make a down payment to get it. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: achadha1 (Feb 27, 2006 8:30 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: Car_man (Feb 28, 2006 5:44 am) This is a 4 x 2 and not a 4 x 4. Will that affect the money factor? It appears as if you are using a money factor of .0146 as a raw or buy-rate? I thought it was .0163. Also they are offering me 12,000 miles instead of 15,000. From your post, it seems as if I am getting a good deal, but not a great deal. Thank you again
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I am interested in leasing an 06 Armada SE Off Road. Can you please tell me the current money factor and residual percentage value for this truck. I am looking at 36 months and 12000 miles. Thanks for your help. Is the residual value negotiable?
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