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Nissan Sentra Lease Questions

53 messages,  Last post on Aug 12, 2008 at 3:33 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Nissan Sentra, Car Leasing, Sedan


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#45 of 53
Re: Can anyone help me with the lease figures? [rdyxl] by Car_man HOST
Jun 13, 2008 (2:41 am)
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Replying to: rdyxl (Jun 07, 2008 9:20 pm)

Here's the info that you're looking for, rdyxl. NMAC's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Nissan Sentra 2.0 S with an automatic transmission and 12,000 miles per year are .00084 and 69%, respectively. The numbers for an otherwise identical 36 month lease are .00118 and 57%.
 
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Prices Paid: Buying & Leasing Experiences Forum
#46 of 53
Re: Can anyone help me with the lease figures? [Car_man] by backy
Jul 04, 2008 (9:00 am)
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Replying to: Car_man (Jun 13, 2008 2:41 am)

Have these numbers changed for July? Also, is 12k miles the lowest that the NMAC leases go? Thank you.
#47 of 53
Re: Can anyone help me with the lease figures? [backy] by Car_man HOST
Jul 11, 2008 (2:21 am)
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Replying to: backy (Jul 04, 2008 9:00 am)

Hi backy. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2008 Sentra 2.0S with an automatic transmission and 12,000 miles per year are .00040 and 55%, respectively. I have never seen a NMAC lease with less than 12,000 miles per year.
 
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Prices Paid: Buying & Leasing Experiences Forum
#48 of 53
Halfway through my Sentra lease...options? by rasldasl
Jul 11, 2008 (7:38 pm)
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I went through the typical dealer experience the day I leased my Sentra. Would have signed away my first born child to get out of there. Instead signed a lease for a $21,000 loaded Sentra SL that they somehow had capitalized at $23,000 (and I don't think this included any fees/tax/title). Long story short, I am paying $369/month for a 36 month/36,000 mile lease. I am a bit over on mileage but can probably keep it down for the remaining 18 months to come in about even. I think I am paying way too much and could probably have bought the thing for the same payment but that's water under the bridge.
 
Here is my question: I acutally like the car and might want to buy it out at lease end. The problem is that the way they structured the lease the buyout is about $12,000. I think that is more than the car is going to be worth. Do I have any room to negotiate this price? I don't want to have to turn it in and then buy a similar car used, not knowing the history of it, when I could just buy this one. Also, I am not familiar with how this buy-out affects things like sales tax. I know if I buy a car for $12,000 cash with no trade-in here in NJ I will pay $840 sales tax. Was sales tax on the whole price of the car already paid when I leased it or just tax on the difference between capitilized cost and buyout price?
 
I spoke to a salesman at another dealer and he indicated that if I want a new Nissan that I might be able to get out of the lease as soon as 6 months early without having to pay the remaining payments. That might be an option but I really don't want to get into another lease (ever again!) so then I am looking at payments on a new car instead of a used one. They will be pretty high since I will have no trade-in.
 
Anybody out there with experience in this area?
 
Thanks.
#49 of 53
Re: Can anyone help me with the lease figures? [Car_man] by ed108
Jul 19, 2008 (5:28 am)
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Replying to: Car_man (Jul 11, 2008 2:21 am)

What about the 24 month numbers? I've seen a $159/month for 24 months ad which I may be interested in.
 
Thanks for your reply.
#50 of 53
Re: 2008, 2007 SE-R lease q. [Car_man] by jmcgonigal
Jul 29, 2008 (12:51 pm)
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Replying to: Car_man (Oct 22, 2007 2:34 am)

I was told from a dealer
"On the lease, you do not have any customer cash. Customer cash is for purchases only. So when you see these low prices on cars, that's after the cash back offer is applied. There is no cash back offer with the lease. Only a special money factor. "
 
Is this not the case? According to your post it looks like those rebates would be in effect.
#51 of 53
Nissan Sentra Lease by dperone
Jul 31, 2008 (1:25 pm)
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Looking for a 36 month - 12K lease on a loaded Sentra in NJ. Thoughts on good deals??
#52 of 53
Re: Can anyone help me with the lease figures? [ed108] by Car_man HOST
Aug 12, 2008 (3:13 am)
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Replying to: ed108 (Jul 19, 2008 5:28 am)

Hello ed108. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2008 Sentra 2.0S with an automatic transmission and 12,000 miles per year are an extremely attractive .00006 and 67%, respectively.
 
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#53 of 53
Re: 2008, 2007 SE-R lease q. [jmcgonigal] by Car_man HOST
Aug 12, 2008 (3:33 am)
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Replying to: jmcgonigal (Jul 29, 2008 12:51 pm)

Hi jmcgonigal. The $1,500 customer cash incentive that Nissan is currently providing on the 2008 Sentra is not compatible with its special lease program.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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