- #23 of 63
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Re: Current Lease Programs [stoned_beagle]
by Car_man HOST
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May 18, 2007 (1:59 am)
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Replying to: stoned_beagle (May 14, 2007 10:26 am)
Greetings stoned_beagle. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a base 2007 Nissan Sentra 2.0 with 12,000 miles per year are .00137 and 68%, respectively. The numbers for an otherwise identical 36 month lease are .00151 and 56%. The money factors are the same for other Sentra trim levels, but its residual values are slightly different so let me know if you want a different version of this car. When negotiating your lease on this car, make sure to take advantage of the $500 NMAC lease cash that is currently available on it. It will help you to negotiate an attractive capitalized cost for your lease.
Car_man
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- #24 of 63
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Re: sentra 2.0 S [sphinxridd]
by Car_man HOST
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May 18, 2007 (1:59 am)
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Replying to: sphinxridd (May 14, 2007 12:23 pm)
Hi sphinxridd. Please see my previous post for the information that you're looking for. Thanks.
Car_man
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- #25 of 63
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Residuals for SL and SE-R
by sean67854
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May 29, 2007 (4:28 am)
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What would the residuals be on an SL and SE-R for both a 24 and 36 month lease?
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- #26 of 63
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Re: Current Lease Programs [Car_man]
by avljmax
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Jun 16, 2007 (9:05 pm)
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Replying to: Car_man (May 18, 2007 1:59 am)
Hi Car_man. I was hoping to find out the current lease money factor and residual for a 36-month, 12000 miles per year lease on the 2007 Sentra 2.0S. Just thought you should know that you were incredibly helpful to me when I leased my last car (3 years ago). Thank you for your response to my newest lease query!
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- #27 of 63
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Re: Residuals for SL and SE-R [sean67854]
by Car_man HOST
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Jun 28, 2007 (1:37 am)
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Replying to: sean67854 (May 29, 2007 4:28 am)
Hi sean67854. Through July 2nd, Nissan Motor Acceptance Corp.'s buy rate lease money factor and residual value for a 24 month lease of a 2007 Nissan Sentra SL with 15,000 miles per year are .00137 and 68%, respectively. The numbers for an otherwise identical 36 month lease are .00151 and 56%. When negotiating your lease on this car make sure to take advantage of the $500 bonus cash that Nissan is providing on deals that are run through NMAC.
Car_man
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- #28 of 63
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Re: Current Lease Programs [avljmax]
by Car_man HOST
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Jun 28, 2007 (1:44 am)
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Replying to: avljmax (Jun 16, 2007 9:05 pm)
Welcome back avljmax. Through July 2nd, Nissan Motor Acceptance Corp.'s buy rate lease money factor and residual value for a 36 month lease of a 2007 Nissan Sentra 2.0S with 12,000 miles per year are .00151 and 54%, respectively. When negotiating your lease on this car, make sure to take advantage of the $500 NMAC bonus cash. It will help you to negotiate an attractive capitalized cost for your deal.
Car_man
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- #29 of 63
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What do these numbers mean?
by racheleb
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Aug 19, 2007 (7:59 pm)
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Replying to: Car_man (Jun 28, 2007 1:44 am)
How does the residual value work? And what does "lease money factor" mean? Why would I want to know these numbers? I am looking at a current lease deal on the Nissan website: $159/mo for the 2.0 CVT. From the ad: "$16,340 MSRP incl. destination charge. Net capitalized cost of $14,017 includes a $595 non-refundable acquisition fee." I am looking to lease my first car on my own, and am also considering the Mazda 3 and maybe the Subaru Impreza sedan, both also currently have deals for under $200/ mo. for a lease. Thanks for your time!
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- #30 of 63
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2007 2.0SL Current Lease Rates and MF
by srqcaddy
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Aug 25, 2007 (6:41 am)
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Hi Car_man. I was hoping to find out the current lease money factor and residual for a 2007 Sentra 2.0SL for both 24 and 36mo/15k.
Thanks
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- #31 of 63
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Looking to Lease a 2007 Nissan Sentra
by blueiiii1972
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Aug 26, 2007 (8:33 am)
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Good Day Car_Man,
I build a lease model, but require your assistance on some information, please.
What's the current money factor and residuals for the following?
Sentra 2.0S, 12k & 10.5k miles, 36 months
Sentra 2.0SL, 12k & 10.5k miles, 36 months
I like my leases to be on only the cost of the depreciated value of the car. I pay all taxes and fees up front. Question... aside from taxes, what "fees" are legitimate that I should expect to pay? and what is a decent/typical range ($) for each?
Thank you sir...
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- #32 of 63
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Re: What do these numbers mean? [racheleb]
by Car_man HOST
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Sep 12, 2007 (2:23 am)
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Replying to: racheleb (Aug 19, 2007 7:59 pm)
Hi racheleb. It sounds like you are new to leasing. You definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
Vehicle's lease payments are made up of two parts, the depreciation portion and the interest portion. Residual values are used to calculate how much depreciation lessees have to pay over the course of their lease. They are usually expressed as a percentage of a vehicle's full MSRP, including the destination charge and any options that can be residualized. The higher a vehicle's residual value is, the better because it means that you will have to pay for less depreciation and that your monthly payment will be lower.
Money factors are used to calculate the interest portion of lease payments. Money factors can be converted into approximate interest rate equivalents by multiplying them by 2400. For example, the .00141 money factor that Nissan is charging on a 36 month lease of a 2007 Sentra is equivalent to an interest rate of around 3.38%. The lower a money factor is, the better because the less interest you will have to pay over the course of your lease.
Anyhow, take a look at those articles and let me know if you have any other questions.
Car_man
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