Nissan Altima: Lease Questions

1904 messages,  Last post on May 19, 2013 at 6:27 AM

You are in the Nissan Altima Forum.

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

#10 of 1904 Re: 2006 Nissan Altima S Series 42 Month Lease 15K by Car_man HOST

Oct 20, 2005 (1:32 pm)

Thanks for taking the time to post such a detailed description of your recent lease experience, Bill.
 
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#11 of 1904 2006 altima 3.5 SE leasing questions by andreyd

Oct 26, 2005 (1:08 pm)

looking to buy this in the next week to a month or so, depending on how things go and what kinda deals i can find.
 
im looking into the 3.5 SE with the sports option (sunroof and spoiler). the msrp for it is $26005 and the invoice comes out to $24025. from all the research i've been doing there seems to be a $1000 cash back on all altimas until the 31st of this month and a 3% apr (are these two combined, meaning i can get the 1000 back and get the low interest on the lease?). what kind of a lease am i looking at here for 36 months and 15K with no money down? from the calculations i did on the site it comes out to around ~$330 (depending on 12k vs 15k it varies up and down).
 
when i go to the dealership should i try to get the price down below invoice, or is getting invoice good enough on it's own? i understand that the rebate comes off on top of the invoice, but say there was no rebate involved, should i push to get invoice or below, is that reasonable?
 
basically trying to get the most for my money here, thanks for any info!
 
also are there any other deals coming out for after oct 31st? wondering if i should hurry on this and try to get in on the current promotions or if something else is going to come out after this is done.

#12 of 1904 November program? by sdiver68

Nov 05, 2005 (8:30 am)

Can you please detail the 36 month, 15K program for an Altima 2.5 and 3.5 SL? tier 1+ credit. Thanks again, and thank you for your past and continued help!

#13 of 1904 And 1 more question - by sdiver68

Nov 05, 2005 (7:46 pm)

Follup up to above post, here is the deal I've been offered:
 
2006 Altima 3.5SL
$338/month + tax - zero down
36month/15K per year
Residual 57%
 
With splash guards, sunroof wind deflector, and full floor mat set. Includes acq fee and waived security deposit since I already lease an M45.
 
I'm not complaining, but I keep running the calcs and don't see how he can offer this to me but I must be missing something, because given those variables and using .0014MF I keep coming up with $358/month. He states he is making $200 over COG (maybe including holdback???) AND including first 2 years of oil changes (up to 8!)

#14 of 1904 06 Altima 3.5SE automatic - money factors/res values??? by b22squared

Nov 07, 2005 (8:36 pm)

Replying to: Car_man (Aug 31, 2005 5:02 pm)
hi car man,
 
I'm interested in the residual values/money factors for an 06 Altimae 3.5SE automatic. 15k/mile lease and would appreciate the numbers for 36/39/48 month leases. Thanks a lot. If you need an invoice price, you could use 23k.
 
By the way, is there a website where we can get updated residual values/money factors or do you rely on inside sources or use reverse calculations? Thanks again!

#15 of 1904 Looking for MF and Residual for an 06 Altima 2.5 SL by andy2812

Nov 11, 2005 (3:42 pm)

Carman,
  
I had posted on the Maxima board for factors but I'm still undecided as to go for the Maxima or the Altima. Can you also please provide me with the money factor and residual for November for a 2006 Altima 2.5 SL w/o Navigation for both 24 & 36 months with 15K miles per year.
  
Thanks again for your help

#16 of 1904 Re: 2006 altima 3.5 SE leasing questions [andreyd] by Car_man HOST

Nov 14, 2005 (4:56 am)

Replying to: andreyd (Oct 26, 2005 1:08 pm)
Hello andreyd. Consumers are not allowed to combine the customer cash that is currently available on the 2006 Nissan Altima with its special financing or lease programs. Also, Nissan's lease money factors (the interest rate that is used to calculate its lease payments) are different than its special finance rates. I would be happy to estimate what this car's lease payment should be like for you using its current lease program. According to my calculations, if you were to lease a 2006 Nissan Altima 3.5 SE with an MSRP of $26,005 and a selling price of $24,525 ($500 over invoice) through Nissan Motor Acceptance Corp. right now for 36 months with 15,000 miles per year, its zero down, pre-tax monthly payment should be around $315. I'd say that $500 over is a reasonable price for this car right now.
 
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#17 of 1904 Re: November program? [sdiver68] by Car_man HOST

Nov 14, 2005 (4:58 am)

Replying to: sdiver68 (Nov 05, 2005 8:30 am)
I'd be happy to help you out, sdiver68. If you were to lease a 2006 Nissan Altima 2.5 S through Nissan Motor Acceptance Corp. right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00078 and 57%, respectively. The numbers for an otherwise identical lease of a 2006 Altima 3.5 SL should be exactly the same.
 
Car_man
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#18 of 1904 Re: And 1 more question - [sdiver68] by Car_man HOST

Nov 14, 2005 (5:00 am)

Replying to: sdiver68 (Nov 05, 2005 7:46 pm)
Sdiver68, $200 over dealer invoice is a good deal on this car. I would be happy to calculate a lease payment on this truck using Nissan's current lease program for you so that we can compare what I come up with to the payment that you were quoted, however in order for me to do so I need you to tell me its exact MSRP and selling price.
 
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#19 of 1904 Re: 06 Altima 3.5SE automatic - money factors/res values??? [b22squared] by Car_man HOST

Nov 14, 2005 (5:03 am)

Replying to: b22squared (Nov 07, 2005 8:36 pm)
Here's the information that you're looking for, b22squared. If you were to lease a 2006 Nissan Altima 3.5 SE through NMAC right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00078 and 55%. The numbers for an otherwise identical 39 month lease should be .00090 and 54%. The numbers for an otherwise identical 48 month lease should be .00082 and 45%. Unfortunately, I am not personally aware of any source that provides this sort of information to the general public.
 
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