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Nissan Altima: Lease Questions

1911 messages,  Last post on May 23, 2013 at 5:27 PM

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

Messages Page 179 of 192

#1775 of 1911 13 Altima Lease by nissanz

Jan 30, 2013 (12:04 pm)

hi Everyone,
 
Here is a quote on a 2013 altima 2.5 SL lease I got from a local dealer.
MSRP - $29016
24 Month/15000 miles lease
Down payment - $500 (includes first month payment, title etc)
Monthly payment - $340
No other fees or cost
 
I donot have information on residual or money factor.
 
Is this a good deal? He said the deal expires tomorrow
 
Need advice
 
Thanks

#1776 of 1911 Re: 13 Altima Lease [nissanz] by pegasus17

Jan 30, 2013 (12:27 pm)

Replying to: nissanz (Jan 30, 2013 12:04 pm)
REF: 1775
Without knowing sale price, residual, and MF, i can only provide a wag. Based on $11 per 1000 of msrp, i would offer 319 per month and accept 325 or below. Not 340...
 
CORRECTION:
Found estimates for lease calcs. Residual 68%, mf=0.00129, NMAC lease incentive $650. Using a sell price of 26800, i get 352 (pre-tax).

#1777 of 1911 Re: 13 Altima Lease [pegasus17] by nissanz

Jan 30, 2013 (1:19 pm)

Replying to: pegasus17 (Jan 30, 2013 12:27 pm)
Thanks for your reply
 
I got the numbers
 
MSRP - $29000
Sale Price - $26000
Lease rebates and bonus cash - $1150
Final sale Price - $24850
MF - 0.00078
Residual = $19150
Monthly payment with tax - $340
 
What do you think?

#1778 of 1911 Re: 13 Altima Lease [nissanz] by pegasus17

Jan 30, 2013 (1:30 pm)

Replying to: nissanz (Jan 30, 2013 1:19 pm)
something is not right! i get 297 pre-tax payment for 24 months
tax rate?
is tax charged on lease term only? most states are this way (not texas, etc.)
msrp=29015?
acq fee = 595

#1779 of 1911 Re: 13 Altima Lease [pegasus17] by nissanz

Jan 30, 2013 (1:30 pm)

Replying to: pegasus17 (Jan 30, 2013 1:30 pm)
Yes, tax is only on lease term only. The dealer said $29000. Maybe Its $29015.

#1780 of 1911 Re: 13 Altima Lease [nissanz] by pegasus17

Jan 30, 2013 (1:31 pm)

Replying to: nissanz (Jan 30, 2013 1:30 pm)
tax rate?

#1781 of 1911 Re: 13 Altima Lease [pegasus17] by nissanz

Jan 30, 2013 (1:31 pm)

Replying to: pegasus17 (Jan 30, 2013 1:30 pm)
Dealer said tax on monthly payment is 9%

#1782 of 1911 Re: 13 Altima Lease [nissanz] by pegasus17

Jan 30, 2013 (1:34 pm)

Replying to: nissanz (Jan 30, 2013 1:31 pm)
i get 324 per month (including tax) using your numbers.
are you sure you can get BOTH the 650 lease incentive and the 500 NMAC bonus cash?
 
http://www.leaseguide.com/calc.htm

#1783 of 1911 Re: 13 Altima Lease [pegasus17] by nissanz

Jan 30, 2013 (1:36 pm)

Replying to: pegasus17 (Jan 30, 2013 1:34 pm)
This was the quote I got from the manager
With 12K miles the payment was $326
I wanted 15K miles and he said it will be $14 more per month

#1784 of 1911 Re: 13 Altima Lease [nissanz] by pegasus17

Jan 30, 2013 (1:44 pm)

Replying to: nissanz (Jan 30, 2013 1:36 pm)
residuals:
66% ; 324
67% ; 311
68% ; 298
 
so, 340 is too high if he gave you the right numbers
Make them sweat til tomorrow...

Messages Page 179 of 192

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