Last post on May 23, 2013 at 5:27 PM
You are in the Nissan Altima
What is this discussion about?
Nissan Altima, Nissan Altima Hybrid, Car Leasing, Sedan
#1798 of 1911 Re: 2013 nissan altima 2.5s lease [giovanni0311]
by kyfdx HOST
Feb 09, 2013 (7:33 pm)
That's not a Nissan lease. I'd be very leery of any lease with a base of 15K miles over three years. Seems like you might be looking at a big gotcha at lease end.
#1799 of 1911 2013 Altima SL w/ Tech Lease
Feb 09, 2013 (8:25 pm)
I picked up a 2013 Nissan Altima SL w/ Tech package today in Columbus, OH. 36 months/12k miles per year. Here are the terms I agreed to:
Sale Price: 28,702.95
Gross Cap Cost: 30,403.99
Trade in Allowance: 1,571.97
Adj. Cap Cost: 28,832.02
Residual Value: 18,440.45
Total Monthly Payment: 322.69
Only out of pocket was first month's payment. I also got all scheduled maintenance included for the entirety of the lease. They increased my trade in value by about $250 rather than reducing my sales price in order to meet my monthly payment target, but I was fine with that. Overall, I was satisfied with the deal. So far, seems like a great car for the price. Hope this info helps any future buyers.
#1800 of 1911 Re: 2013 Altima SL w/ Tech Lease [jmccourt]
Feb 10, 2013 (12:47 pm)
why did the gross cap cost go up so much? Only add should have been acq fee of 595 (or so). It went up much more than that...
#1801 of 1911 Re: 2013 Altima SL w/ Tech Lease [pegasus17]
Feb 10, 2013 (3:19 pm)
$595 Acqisition Fee
$727 Sales Tax
$100 Title, License & Registration
$279 Maintenance Contract (They claimed this needed to be itemized even though it was "included" in the lease. Guess they might have got me with this one... oops. Oh well, I'm still satisfied with the deal. It's a nice car).
#1802 of 1911 Re: 2013 Altima SL w/ Tech Lease [jmccourt]
Feb 11, 2013 (8:30 am)
Don't you hate when dealers/finance guys do that? Sorry to point that out but it is still a good deal overall. BTW, scheduled mx for the first 36 months is probably limited to five oil changes and tire rotations. So essentially, you paid for those upfront, with interest. Enjoy your new ride!
Feb 15, 2013 (11:39 am)
I am about to pull the trigger on this deal and wanted some input/thoughts. Thanks in advance for taking a look. This is my first post here, but I have been reading the forums for some time.
2013 Altima 2.5 SL
36 month lease, 15k miles yearly
$315 per month, tax included
I live in Orlando Florida and the tax rate is 6.5%
They are also paying the last payment of my 2010 Accord EXL which is an additional $325
Unfortunately I do not have the MF, Residual% and/or sales price they are using as I know you folks typically like, but I figured I would take a shot to see what you all thought of this deal anyway.
I was deciding between a new EXL or this vehicle and I couldn't get my Honda dealer down anywhere close to this. Plus I also signed up for the Edmunds/Nissan $750 gift card deal, so that is a bonus too.
Thoughts? Again, sorry for not having more info at this time, I will post more if I get it.
#1804 of 1911 Re: How Did I Do [gator2323]
Feb 15, 2013 (7:53 pm)
that sounds like a great deal, what was the amount of your trade value? also if you find out can you let us know about the residual and the money factor? ps i was quoted 318 for a sv for 12k per 36mo.
Feb 19, 2013 (8:38 am)
Carman, can you update for Feb?
Altima 2013: 2.5 sl and 3.5sl money factors and residuals for 36 or 39 months 12,000 miles a year. Based on my research, the 3.5 sl carries a better residual than the 2.5 which I find odd. In addition any cash/incentives in the Northeast for Feb? Would you predict a better program in March?
#1806 of 1911 Re: How Did I Do [seanknp]
Feb 19, 2013 (9:52 am)
Thanks for the reply!
Ok, I did the deal and here are the final numbers:
2013 Altima 2.5 SL
SALES PRICE: 26,053
TOTAL GROSS CAP COST: 26,648
RESIDUAL VALUE: 16,404.60
MONEY FACTOR: .00072
36 month lease, 15k miles yearly
$400 total down from me/out of pocket (Amount due was $1275 = my $400 and $875 in rebates and non-case credits)
$315 per month, tax included (6.5%, Orlando, FL)
They cut me a check for $325 to cover my last payment on my current lease.
I had no trade in and only paid the $400 with 35 more payments of $315
I also just submitted my info for the Edmunds/Nissan $750 gift card deal
I think that covers it. So far very pleased with the car!
Let me know your thoughts.
#1807 of 1911 Checking Dealer offer on 2.5 SL Lease w/ Tech Package
Feb 19, 2013 (10:49 am)
Wanted to get your input on this offer and my calculations. Iím turning in a 2010 Altima at the end of a lease and exchanging it for a 2013 Altima 2.5 SL with Tech package. Told the dealer Iím putting nothing down, I want to drive in the old car and drive out the new one with no cost. Been leasing Alitmas for 12 years and this is the way I do itÖ
36 Month lease.
Dealerís offer was $375/month, including tax.
MSRP - $30,340
Sale price - $27,979 (Iím using the Edmunds TMV here)
Residual = 60% MSRP = $18,204
MF = .00129
Lease price = $352 (Using Edmunds calculator)
If I include $100 for tax & registration, which is still a valid cost, and the $595 Acquisition Fee, then the lease price calculates to $374, which matches the dealers offer of $375. Since I believe they had to roll those costs in to their total, it seems fair that I do as well. But seems I've seen others on this site getting 2.5 SLs for $340 - $350 per month. If they are paying cash up front for Acq. Fee and Title/Reg., then that makes sense.
Comments? Thanks for you help!!