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Nissan Altima: Lease Questions

1140 messages,  Last post on Nov 23, 2009 at 7:02 AM

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What is this discussion about? Nissan Altima, Nissan Altima Hybrid, Car Leasing, Sedan

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#1093 of 1140 Re: 2.5 SL Best price? [luckyduck76] by Car_man HOST Aug 31, 2009 (1:48 am)
Replying to: luckyduck76 (Aug 17, 2009 8:53 am) Hello luckyduck76. The selling prices of leased vehicles are negotiable, so your lease payment for this car will depend upon what its price is. If you provide me with this car's approximate selling price, or at least its dealer invoice price (which you can look up right here at Edmunds.com in the New Vehicle Pricing section of the site), I'll gladly use Nissan's current lease program to work up a payment for you.   I'm not intimately familiar with what options are contained in the S and SL packages, so I can't help you choose which one to go with.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1094 of 1140 2009 Altima Lease (Deal or No Deal?) by choochootrain Sep 02, 2009 (5:29 pm)
Hi, I am planning to lease a 2009 Altima SL that has an MSRP of 26,000. This is my first lease and I don't know whether I have a good deal or not. The specifics are 42 months, 10,000 miles/year (ok with me), $279.00/mo, nothing down, taxes due at signing, dmv charges due at signing, 1st month payment due at signing. Gap insurance is included and they want $780.00 at signing to cover destination fee. Should I DEAL or NO DEAL? I thought it was good until they tagged on the destination fee at signing. ANY ADVICE would be welcomed and appreciated. Thanks in advance. Replies to this message: kingpcgeek (Sep 03, 2009 7:53 am) smarty666 (Sep 03, 2009 7:58 am) smarty666 (Sep 03, 2009 8:03 am) choochootrain (Sep 03, 2009 10:24 am) Car_man (Sep 09, 2009 2:16 am)
#1095 of 1140 Re: 2009 Altima Lease (Deal or No Deal?) [choochootrain] by kingpcgeek Sep 03, 2009 (7:53 am)
Replying to: choochootrain (Sep 02, 2009 5:29 pm) Since you are new to leasing I will tell you rule one, don't lease longer then the warranty. So for an Altima you don't want to lease longer then 36 months.
#1096 of 1140 Re: 2009 Altima Lease (Deal or No Deal?) [choochootrain] by smarty666 Sep 03, 2009 (7:58 am)
Replying to: choochootrain (Sep 02, 2009 5:29 pm) I guess it depends on where you live but the destination fee where I live is usually included in the price on the window sticker; sounds like they are using that as an excuse to get money down from you but since I don't know the specifics I can't say for certain; one thing I can say is that 42 months is a no-no on a lease with nissan; you never lease longer than the warranty period for a car which for nissan is 36 months; if this had been a infiniti which has a 48 month warranty then you would have been okay
#1097 of 1140 Re: 2009 Altima Lease (Deal or No Deal?) [choochootrain] by smarty666 Sep 03, 2009 (8:03 am)
Replying to: choochootrain (Sep 02, 2009 5:29 pm) one thing I forgot to mention is be very careful with nissan; I was at a dealership a few weeks ago looking at the max and altima and the salesman was very pushy on a 39 month lease and saying that would give us the best deal but I told him no because that would be 3 months longer then the warranty period and when I told him that he said oh you have nothing to worry about; nissan is also advertising 39 month leases in the newspaper and on TV and for some reason they seem to forget their warranty period is only 36 months; interesting though toyota and honda only advertise 36 month leases which is the right amount of time since they have the same warranty as nissan Replies to this message: choochootrain (Sep 03, 2009 10:24 am)
#1098 of 1140 Re: 2009 Altima Lease (Deal or No Deal?) [smarty666] by choochootrain Sep 03, 2009 (10:24 am)
Replying to: smarty666 (Sep 03, 2009 8:03 am) Thank you very much for taking the time to respond. The dealer said there were no 36 month leases available. I did express concern about the warranty period and was told that the power train warranty would still be in effect since that covers 5 years and 50000 miles. I realize that any other problems with the car, like the computer, would cost me money to fix but I am willing to take the risk if it means saving money in the long run. What I am trying to find out is whether the numbers are reasonable. I happen to think that 279.00 for 42 months is a very good deal given that the car has a MSRP of 26,000. I also realize that the 720.00 Destination Fee is lost if the car is stolen during the lease. That is why I don't want to give them money up front. Once again thank you.
#1099 of 1140 Re: 2009 Altima Lease (Deal or No Deal?) [choochootrain] by Car_man HOST Sep 09, 2009 (2:16 am)
Replying to: choochootrain (Sep 02, 2009 5:29 pm) Greetings choochootrain. Since you are new to leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   In short, the best way to negotiate a good deal on a leased vehicle is to negotiate the lowest possible selling price on the car that you want and then have the dealer calculate its monthly payment using its buy rate lease money factor. You never mentioned what the selling price of the Altima that you are considering leasing is. Without this number it is difficult to tell how large a dealer discount you are being given, and in turn how good a deal this is. Let us know what this car's selling price is and I'm sure that either myself or another helpful community member will gladly give you their opinion on this deal.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1100 of 1140 Altima 3.5 SE and SL by thenewlew Sep 09, 2009 (7:57 pm)
Hi Carman,   I'm looking for the Sept lease rates/ MF and Residuals for the Altima 3.5 SE and SL for 36 months and 15000/year. Also, is the $1500 cash able to be combined with a lease?   Thanks Replies to this message: Car_man (Sep 21, 2009 2:29 am) leaserjo (Nov 12, 2009 1:57 pm) Car_man (Nov 23, 2009 2:44 am)
#1101 of 1140 Need Lease Residual and Money Factor for 2.5SL by tarzan12 Sep 10, 2009 (6:43 am)
car_man,   I need the residual and MF for 2009 Altima 2.5SL with MSRP 26,490 in New York, Nassau county (Long Island). 12K/year 36Month Sign and Drive or if there is no 36Month Program then I need the numbers for 39Months.   Thanks Replies to this message: Car_man (Sep 21, 2009 2:32 am)
#1102 of 1140 2009 altima question by gpb59 Sep 10, 2009 (7:06 am)
I know this probably isn't the right board, buy I'm now considering an altima over the camry, but I see they don't come with ipod interface. Has anybody had one installed and does it work ok? Also is there one for the NAV model?

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