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Last post on Jun 02, 2013 at 5:52 AM
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Nissan Sentra, Car Leasing, Sedan
#63 of 110 Re: 2010 - Sentra SR - Good Deal? [grifta]
by Car_man HOST
Nov 23, 2009 (4:23 am)
Hi grifta. Nissan Motor Acceptance Corp.'s November buy rate lease money factor for a 39 month lease of a 2010 Sentra SR is .00238. Make sure that the dealer that you are working with uses that factor to calculate your car's payment.
As far as the selling price goes, the car that you described probably has a spread of around $1,300 between its full MSRP and its dealer invoice price. That means that the $800 dealer discount that you are being given is probably equivalent to around $500 over invoice. That's not bad, but given the fact that there's some dealer cash floating around out there right now I personally wouldn't be surprised if you were able to shave another couple hundred dollars off of this car's price if you are in an area that has a decent level of competition and have the time to shop around.
Car_man
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#64 of 110 Re: Halfway through my Sentra lease...options? [rasldasl]
by tc2010
Dec 13, 2009 (8:35 pm)
I had Leased a 2002 Sentra SER 15k a year for 36 months and what the dealer said is true, i was able to buy a 2005 Sentra 1.8S special edition for 300.00 per month for 48 months my previous lease payment was 272.00, If the Lease is through NMAC then they will also give you up too 1000.00 for any excess wear on your lease.
#65 of 110 SER and SER VSPEC
by belbiv
Jan 04, 2010 (4:52 pm)
Carman,
I was hoping you could help me find the money factor and lease options for the 2010 Nissan Sentra SE-R and the SE-R Spec V. I was looking for a 39 month lease. What is the range over Dealer invoice I should expect to pay? Any special rebates or incentives I should know about? Thank you so much!
#66 of 110 Re: SER and SER VSPEC [belbiv]
by Car_man HOST
Jan 19, 2010 (4:18 am)
I'd be happy to help you out, belbiv. Here's the information that you're looking for. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 39 month lease of a 2010 Sentra SE-R with 15,000 miles per year are .00222 and 61%, respectively.
The numbers for an otherwise identical lease of a Sentra SE-R Spec V are .00222 and 59%.
Normally on a Sentra, I would shoot for a selling price of couple hundred dollars over dealer invoice. However, I'm not sure if the fact that you are interested in the SE-R and Spec V alters that. It's possible that they are in shorter supply and demand a premium to what one would have to pay for lower Sentra trim levels. Try stopping by the "Nissan Sentra Prices Paid and Buying Experience" discussion to see if any other community members have purchased similar Sentras lately.
Car_man
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#67 of 110 January Sentra SR Lease Rates
by 996twint
Jan 23, 2010 (5:52 am)
I'm looking for January Residual and Money Factor for the Sentra SR.
Also I've seen the advertised manufacturer's lease. Is it possible to get a better deal than the $149?
#68 of 110 Re: January Sentra SR Lease Rates [996twint]
by Car_man HOST
Feb 05, 2010 (4:44 am)
996twint, Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2010 Sentra SR with 15,000 miles per year are .00222 and 62%, respectively.
You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. :Let me know if you want something different.
As far as the lease payment that you saw goes. Generally speaking, manufacturers' official advertised payments do usually leave a little meat on the bone so to speak. Savvy consumers who are in an area that has a decent level of competition are usually able to negotiate lower selling prices than the ones that are used to arrive at officially advertised payments.
Having said this, you need to keep in mind that your effective monthly payment will likely actually be higher than the one in the ad. This is because you will have to add sales tax to the payment if your state requires it. Furthermore, consumers usually want better equipped models than the base ones that are advertised. Also, it is in your best interest to go with a zero down lease instead of making the $2,270 capitalized cost reduction that is required to arrive at the payment in the ad.
Car_man
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#69 of 110 Sentra SL Lease Rates
by vegasviva
Mar 05, 2010 (11:32 am)
Hello,
I'm hoping someone can help me out as I am new to lease negotiations. I am looking to lease a 2010 Nissan Sentra SL for 39 months, 12K, $0 down. The dealer quoted on a car listed online at MSRP $20230 with $1000 rebate, so it's final listing price is $19230. They quoted $278+ tax. Is that a fair price? Any info would be appreciated.
#70 of 110 Re: Sentra SL Lease Rates [vegasviva]
by Car_man HOST
Mar 23, 2010 (3:59 am)
Hi vegasviva. The $1,000 incentive that you mentioned is being paid for by Nissan and has nothing to do with the dealer. That means that the dealer is essentially trying to sell you a high-volume vehicle at full MSRP, which is not a good deal. If I was in the market for a 2010 Sentra right now, I'd shoot for $500 over to straight invoice as a selling price. You can look up the exact invoice price for the car that you want over in the New Vehicle Pricing section of Edmunds.com.
Car_man
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#71 of 110 Sentra SL Lease rates, residual value?
by soler_msports
Apr 08, 2010 (3:24 pm)
Hello Car_man
How are residual values figured out? Are they based on MSRP or actual selling price?
I have a deal on a fully loaded SL for $18,100 (MSRP of approx. $22,300). I'm only putting down enough to cover TTL, so I'm financing the whole $18,100 selling price. Using 36 months, 15k miles/year, 62% res. value and 0.0022 money factor, the difference in payment is $73/month between applying the 62% to the MSRP ($184) and to the selling price ($257) using Edmund's lease calculator. Do these numbers add up? Are these rates current (62%, 0.0022)?
Also, if I decide to buy to buy the car at the end of the lease, how is the selling price determined? Is it the same as the residual value determined at time of purchase? Is that price set in stone or can it be negotiated?
One last question; can the residual value and money factor be negotiated or are those fixed values from Nissan?
Thanks!
Javier S.
#72 of 110 Sentra SR lease
by backy
Apr 09, 2010 (6:14 pm)
I have a quote from a dealer on a 2010 Sentra SR with CVT, $179/mo. for 39 months with 0 down, and first payment, tax, license up front. Is this a good deal? The advertised lease special on this car is $149/month but with about $1800 down, plus first payment and fees. So the $179 seems like a pretty good deal. Yes?
This is for 12k miles per year, but I don't drive more than 8k a year. Is it possible to get a lower payment for that low of miles, or is 12k as low as they'll go?