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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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#81 of 136
Help!!! by jdls22
May 17, 2007 (3:17 pm)
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Ok, here is the deal..I am looking for a 2007 Armada. LE Model, wife wants the DVD system, and Leather Interior...I am in NJ, but willing to travel to either PA, NY or DE for the car..Looking to lease..I am receiving payments of over $600 per month, with total OUT OF POCKET close to $5K..12K miles per year, 39mos lease..Something is wrong, no?
 
Thanks
John in NJ
#83 of 136
Armada Q&A by philly70
Jun 15, 2007 (8:16 am)
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Looking for an '07 Armada LE. Have seen great MSRP/Dealer discounts in MN throughout May/June, but lease financing seems off. Anyone know current money factor/residuals for 36/39 months? Couple dealers here showing payments above $700 on $39K all-in sales price. Make more sense to wait for '08's?
#84 of 136
Lease Trade in by footwood
Jun 21, 2007 (4:04 pm)
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I currently have a 2004 pathfinder SE The lease is up october 2007.
 
I am looking to trade this vehiucle in for an Armada. The last time I switched out my pathfinder they took off 5 months at no charge and $400 damage. Can I expect any type of a deal or should I wait till lease is up.
#85 of 136
Re: Help!!! [jdls22] by Car_man HOST
Jun 25, 2007 (3:09 am)
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Replying to: jdls22 (May 17, 2007 3:17 pm)

Hi John. I would be happy to estimate what this truck's lease payment should be like for you. In order for me to do so I need you to provide me with its MSRP and approximate selling price. If you don't have these numbers, you can look up the MSRP and invoice price in the following section of this site: Edmunds.com - New Vehicle Pricing. Let me know what these numbers are and I'll run some payments for you.
 
Car_man
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#86 of 136
2008 Armada LE Lease by wardell
Jun 25, 2007 (6:50 pm)
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Hi Car_man,
 
I'm interested in leasing the 2008 Armada LE. Could you provide the residual values and money factors for both a 12,000 and 15,000 mile/yr. lease for 36 mos? Thank you.
 
-LW
#87 of 136
Re: Armada Q&A [philly70] by Car_man HOST
Jun 26, 2007 (1:13 am)
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Replying to: philly70 (Jun 15, 2007 8:16 am)

Hi philly70. Through July 2nd, Nissan Motor Acceptance Corp.'s buy rate lease money factor and residual value for a 36 month lease of a 2007 Nissan Armada LE 4WD with 15,000 miles per year are .00130 and 49%, respectively. The numbers for an otherwise identical 39 month lease are .00140 and 48%. The 2008 Armada's residual values are higher, but its money factors are not as low. I haven't played with the numbers for both, but I suspect that given the additional dealer discount that you are likely to get on it an '07 model is probably still less expensive to lease than an '08.
 
Car_man
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#88 of 136
Re: Lease Trade in [footwood] by Car_man HOST
Jun 26, 2007 (1:15 am)
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Replying to: footwood (Jun 21, 2007 4:04 pm)

Hi footwood. It sounds as though you took advantage of an early lease termination program when you leased your last vehicle. I have not seen any early lease termination offers from Nissan lately, but it wouldn't hurt to check with a couple of dealers to check if one is out there. If Nissan is not running a special program that will let you out of the last several months of your current lease for free, you will be much better off waiting until the scheduled end of your current lease to get something new.
 
Car_man
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#89 of 136
Re: 2008 Armada LE Lease [wardell] by Car_man HOST
Jun 26, 2007 (1:17 am)
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Replying to: wardell (Jun 25, 2007 6:50 pm)

Here you go, wardell. According to the latest information that I have seen, Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2008 Nissan Armada LE 4WD with 15,000 miles per year are .00230 and 53%, respectively. This truck's 12,000 mile per year residual value is 1% higher.
 
Car_man
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#90 of 136
Lease Question by avguru
Oct 14, 2007 (6:15 pm)
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Car man,
 
I have an opportunity to lease a 2007 Armada LE. The Vehicles MSRP is $48,195.00 and the selling price is $38,995.00 (I assume I can do a little better on price since this is advertised as an internet special). I would like a 36 or 39 month lease with no money down and taxes rolled-in are Illinois 6.75%. Also, the mileage would be 12,000 or 15,000/year. Can you please let me know what I can expect on payments, and If you believe this is a great deal?
 
Thank you,
 
Matt

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