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Nissan Sentra: Lease Questions

63 messages,  Last post on Nov 23, 2009 at 3:23 AM

You are in the Nissan Sentra Forum. Your Hosts are pat & karens

What is this discussion about? Nissan Sentra, Car Leasing, Sedan


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#13 of 63
Am I paying too much on my 07 Sentra Lease?? by katrinak
Feb 19, 2007 (6:24 am)
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On Saturday, I leased an 07 nissan sentra 2.0S with the convenience package. I was going to get the base altima, but could get more bells and whistles on the Sentra. The MSRP is $18,025. I put $500 (including first lease payment) and my monthly payment is $259. The lease is 36 months with 12k miles a year. I went to 2 different Nissan dealers and they really would not lower the price anymore. They said that with the new models for the altima and sentra that there are not really any leasing deals. I am having total buyer’s remorse and feel like I should have bargained more. Let me know Car Man. Thanks!
#14 of 63
Re: Am I paying too much on my 07 Sentra Lease?? [katrinak] by rasldasl
Feb 26, 2007 (9:25 am)
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Replying to: katrinak (Feb 19, 2007 6:24 am)

I don't think so. The advertised lease ($179/month) was for a model without the convenience package and with a lot more down. I leased a Sentra 2.0 SL the same day as you and am paying quite a bit more.
#15 of 63
2007 Sentra 2.0 SL money factor by oshchicago
Feb 28, 2007 (8:07 pm)
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Hi CarMan,
 
Thanks for all of the valuable information. This forum is great!
 
I am looking at the 2007 Nissan Sentra 2.0 SL. Am currently negotiating price with a few dealers, but am not sure what money factor and residual value % to use once I bring up the lease. Could you provide that info? (for 12,000 miles per year)
 
Thanks!
#16 of 63
Nissan Sentra: Need to get out of lease! by cdb124
Mar 08, 2007 (3:53 pm)
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Hello fellow Sentra owners,
     I lease a 2006 Sentra in July 2006 and as of date I have 18,500 miles already. I'm alloted 15,000 a year and I've max that in 5-6 months. I drive 102 miles roundtrips daily to work. I need to get out of this lease and buy a vehicle. My questions are: when should I get out? What are the penalties for opting out within a years time?
 
Thanks!
#17 of 63
Re: Am I paying too much on my 07 Sentra Lease?? [katrinak] by Car_man HOST
Mar 19, 2007 (1:49 am)
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Replying to: katrinak (Feb 19, 2007 6:24 am)

Greetings katrinak. Congratulations on your new car. It is a good sign if you shopped around with two other dealers and they wouldn't beat the deal that you were quoted. I would be happy to give you my opinion of this deal. In order for me to do so though it would be a big help if you provided me with this car's selling price first. This number will show me how much of a discount you are being given on it and it will enable me to use Nissan's actual lease program to estimate what your monthly payment should have been. Let me know and I'll tell you what I think.
 
Car_man
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Prices Paid Forum
#18 of 63
Re: 2007 Sentra 2.0 SL money factor [oshchicago] by Car_man HOST
Mar 19, 2007 (1:53 am)
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Replying to: oshchicago (Feb 28, 2007 8:07 pm)

I'm glad that you like this forum so much, oshchicago. Nissan's lease program for this car varies by term. For now I will assume that you are interested in a 36 month lease. Let me know if you want something different. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2007 Nissan Sentra 2.0 SL with 12,000 miles per year are .00222 and 57%, respectively. Let me know if you have any other questions.
 
Car_man
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Prices Paid Forum
#19 of 63
Re: Nissan Sentra: Need to get out of lease! [cdb124] by Car_man HOST
Mar 19, 2007 (1:56 am)
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Replying to: cdb124 (Mar 08, 2007 3:53 pm)

Hi cdb124. I am sorry to say that it is going to be fairly expensive for you to get out of your lease well before its scheduled end date. In order to do so you will have to purchase your Sentra from the bank that you are leasing it through and trade it in or sell it on your own, which will likely result in a decent loss, or go to a site like swapalease.com and find someone who is willing to assume your deal. Unless you got an amazing deal on your lease or are willing to sweeten it with money out of your own pocket, it may be difficult to find someone who is willing to take over your deal.
 
Car_man
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Prices Paid Forum
#20 of 63
Current Lease Programs by stoned_beagle
May 14, 2007 (10:26 am)
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Hi, can anyone provide the current money factor and residual values at 12K miles per year for both a 2 year lease (24 or 27 months) and three year lease (36 or 39). Thanks!
#21 of 63
sentra 2.0 S by sphinxridd
May 14, 2007 (12:23 pm)
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Hi Carman,
 
could you provide residual % and money factor for 24-mo lease of sentra 2.0 S? thanks!
#22 of 63
Re: Current Lease Programs [stoned_beagle] by stoned_beagle
May 14, 2007 (1:29 pm)
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Replying to: stoned_beagle (May 14, 2007 10:26 am)

Regarding post #20, this is for a Sentra 2.0S (with manual transmission and convenience package).

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