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Nissan Armada: Lease Questions

136 messages,  Last post on Nov 02, 2009 at 2:42 AM

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What is this discussion about? Nissan Armada, Car Leasing, SUV

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#127 of 136 Re: Current Lease Info [matt04] by Car_man HOST Dec 10, 2008 (2:51 am)
Replying to: matt04 (Dec 05, 2008 12:42 pm) Hi Matt. Nissan is no longer providing lease support on the 2008 Armada. as a result, if you were to lease one through Nissan Motor Acceptance Corp., you would have to use its standard lease program. Its program for this truck varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different.   NMAC's current buy rate lease money factor and residual value for a 36 month lease of an '08 Armada LE 4WD with 15,000 miles per year are .00325 and 38%, respectively. yuck.   In general, December is often a good time to lease leftover vehicles. Of course, lease programs vary by model. Some manufacturers have already pulled the plug on their lease support for certain '08 vehicles.   As far as its conventional financing program goes, Nissan is currently offering 0.9% financing for up to 5 years and 2.9% for 6 years on the 2009 Armada.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#128 of 136 Regarding Post #118 by Sprkieee Jan 02, 2009 (6:31 pm)
I need help understanding the $622 price. Here is what I did. $47400 plus a residual of $24174 = $71754 (times) .00123 money factor = an $88 money factor payment. the monthly depreciation payment is calculated by the $47400-24172=23226 divided by 39 months = $595. Therefore the total monthly would be $595 plus $88 or $683? I like your calculation much better, but I need to understand how you got there? Can you help?
#129 of 136 February Armada LE numbers by ucjjg Feb 07, 2009 (7:50 pm)
Hi Car_man,   Curious if you have the February lease numbers for a 2009 Armada LE; Would appreciate MF, residual for 36 year, 15K.   Thanks in advance. Replies to this message: Car_man (Feb 11, 2009 4:29 am) ucjjg (Feb 13, 2009 7:25 pm) Car_man (Mar 02, 2009 5:23 am)
#130 of 136 Re: February Armada LE numbers [ucjjg] by Car_man HOST Feb 11, 2009 (4:29 am)
Replying to: ucjjg (Feb 07, 2009 7:50 pm) Here you go, ucjjg. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2009 Armada LE 4WD with 15,000 miles per year are an atrocious .00325 and 36%, respectively.   This unsupported lease program can be combined with the $4,500 customer cash that is currently available on this truck, but if I was in the market for one I personally would not lease. I would either use the $4,500 and finance it through an independent bank or finance it through NMAC using its special 1.9% rate for 5 years.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: ucjjg (Feb 13, 2009 7:25 pm) Car_man (Mar 02, 2009 5:23 am)
#131 of 136 Re: February Armada LE numbers [Car_man] by ucjjg Feb 13, 2009 (7:25 pm)
Replying to: Car_man (Feb 11, 2009 4:29 am) Thanks Car_Man - you are right, those numbers are terrible!! Among the worst I have seen. Replies to this message: Car_man (Mar 02, 2009 5:23 am)
#132 of 136 Post #128 and #118 by Sprkieee Feb 20, 2009 (10:24 am)
Car_man, Can you please shed some light on the math behind post #128 as it refers to post #118? Thank you in advance for your help. Replies to this message: Car_man (Mar 02, 2009 5:25 am) rick156 (Oct 31, 2009 6:10 pm) Car_man (Nov 02, 2009 2:42 am)
#133 of 136 Re: February Armada LE numbers [ucjjg] by Car_man HOST Mar 02, 2009 (5:23 am)
Replying to: ucjjg (Feb 13, 2009 7:25 pm) No doubt, ucjjg. I definitely would not go with an Armada if I wanted to lease something right now.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#134 of 136 Re: Post #128 and #118 [Sprkieee] by Car_man HOST Mar 02, 2009 (5:25 am)
Replying to: Sprkieee (Feb 20, 2009 10:24 am) Hi Sprkieee. I use Excel and the formula that is outlined in the following article to calculate lease payments: Calculate Your Own Lease Payment. Check out the article and let me know if you have any questions.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: rick156 (Oct 31, 2009 6:10 pm) Car_man (Nov 02, 2009 2:42 am)
#135 of 136 Re: Post #128 and #118 [Car_man] by rick156 Oct 31, 2009 (6:10 pm)
Replying to: Car_man (Mar 02, 2009 5:25 am) Car_man - Can you provide me with the current (Oct. - Nov. maybe not out yet) Lease rate/residuals for 2010 Nissan Armada? Specifically Platinum 2WD but I may go with another model. Can do the math, need the tools. Thank You Replies to this message: Car_man (Nov 02, 2009 2:42 am)
#136 of 136 Re: Post #128 and #118 [rick156] by Car_man HOST Nov 02, 2009 (2:42 am)
Replying to: rick156 (Oct 31, 2009 6:10 pm) Hi rick156. Through November 2nd, Nissan Motor Acceptance Corp.'s buy rate lease money factor and residual value for a 36 month lease of a 2010 Armada Platinum Edition 2WD with 15,000 miles per year are .00290 and 40%, respectively.   You never mentioned how long you want to lease for or what mileage allowance you need, so let me know if you want something different.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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