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Nissan Versa Lease Questions

18 messages,  Last post on Mar 20, 2013 at 9:27 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? Nissan Versa, Car Leasing, Car Buying, Hatchback

Messages Page 2 of 2

#9 of 18 Re: Talk about the VERSA. [flightnurse] by tjw1308

Sep 10, 2006 (4:01 pm)

Replying to: flightnurse (Sep 04, 2006 9:38 pm)
Bell
 
.0012 is phenomenal! For those less informed, multiply your lease factor by 2400 and you get the approximate interest rate for the term of the lease.
 
All things considered I would have gone for the Versa (between the Fit and Versa of course, I LOVE my Yaris haha).
 
Question though, with the decreased residual, how can they offer the same terms at 15k as 12k (and why would anyone take 12k if that were the case??? lol)? I've been doing this 7 years and have never heard that one haha...
 
T

#10 of 18 Re: Talk about the VERSA. [tjw1308] by flightnurse

Sep 11, 2006 (8:30 pm)

Replying to: tjw1308 (Sep 10, 2006 4:01 pm)
that is a good question, but then again, this is Nissan willing to take the hit on the Residual not a bank..
 
Tony

#11 of 18 Re: Talk about the VERSA. [flightnurse] by bendupre

Sep 12, 2006 (8:15 pm)

Replying to: flightnurse (Sep 11, 2006 8:30 pm)
They will make more selling the car the second time than they did when it was new.
 
Ben

#12 of 18 Any good lease deals on Versas? by backy

Jul 04, 2008 (8:51 am)

Wow, this discussion is deader than a doornail, isn't it? But in case anyone is still looking in, I was wondering if anyone has seen a good lease deal on a Versa.

#13 of 18 Re: Any good lease deals on Versas? [backy] by iamaddman12

Sep 28, 2012 (8:53 pm)

Replying to: backy (Jul 04, 2008 8:51 am)
Looking for a lease price on a 2012 1.8s. I see the website advertises 189, looking realistically what it would be with basically nothing down. Trying to get cheap vehicle for daughter with las little down as possible. Looking for money factor and residuals.
 
Thanks in advance.

#14 of 18 Re: Any good lease deals on Versas? [iamaddman12] by Car_man HOST

Sep 30, 2012 (6:36 am)

Replying to: iamaddman12 (Sep 28, 2012 8:53 pm)
Hi iamaddman12. I am familiar with the deal that you mentioned. It is a 39-month lease of a 2012 Versa Hatchback S AT with 12,000 miles per year. Nissan Motor Acceptance Corp.'s September buy rate lease money factor and residual value for a 39-month lease of this car with 12,000 miles per year are .00116 and 57%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#15 of 18 Re: Any good lease deals on Versas? [Car_man] by salvistylz

Oct 31, 2012 (11:52 pm)

Replying to: Car_man (Sep 30, 2012 6:36 am)
I just leased a 2012 Versa 2400 down and 165 including taxes a month 39 months.
6 speed
 
is that a good deal?
 
feels like it. don't know

#16 of 18 Nissan Versa Lease by sshhll

Mar 18, 2013 (2:37 pm)

Hi,
     The dealer is telling me that money factor on Nissan Versa Lease at 0.00172.
It's 24 month terms.
 
Is that right? So far i'm seeing corolla or Hyundai sonada has been offering around 0.00063 or so. That is around 2%.
I though leasing Nissan Versa cheaper car will help me save some money but doesn't look like it.
 
Any advice.
 
Thanks,
Sam

#17 of 18 Re: Nissan Versa Lease [sshhll] by Car_man HOST

Mar 18, 2013 (4:16 pm)

Replying to: sshhll (Mar 18, 2013 2:37 pm)
Hi Sam. The money factor that you were told about is a little high. NMAC's current buy rate money factor for a 24-month lease of a 2013 Versa Sedan is .00157 for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#18 of 18 Re: Nissan Versa Lease [Car_man] by sshhll

Mar 20, 2013 (9:27 pm)

Replying to: Car_man (Mar 18, 2013 4:16 pm)
Hi Car_man,
                   Thanks for the info.
That was i was telling the sales lady, her calculation is way off.
I have tier 1 score. This is what i have quote on.
Versa 2013 S Auto
My price = $13600
Residual = $10137.60
Term = 24
drive-off = $600
monthly payment = $226.97
Money factor (according to the sale) = 0.00172
 
I am assuming that my drive-off $600 will not reduce my cap cost. That will go into fee and registration. i do understand that but according to her quote the money factor 0.00269.
She still say her quote and calculation is correct.
I just don't know what to tell her, either i'm calculating is wrong or she just don't get it.

Messages Page 2 of 2

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