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Nissan Sentra: Lease Questions

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

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


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#54 of 63
Nissan Sentra Base 24 mo Lease by leeshuck
Aug 30, 2008 (9:11 am)
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I received this quote from a local dealer for a 2008 Nissan Sentra Base Model with CVT. It looks good to me, but I though I would post here for any expert feedback. Thanks, Lee
 
                Invoice MSRP
   
BASE $15,387 $16,040
  
FLO $130 $165
MATS W/O DIVIDER
  
SGD $106 $140
SPLASH GUARDS
 
  
Freight Charge $660 $660
  
  
Total Invoice: $16,283 MSRP :$17,005
                    
Monthly Payment : $255 including tax ($ 237 BEFORE TAX)
Term : 24 months
Mileage: 12000 miles per year
 
Lease Rate: 0.00006
 
Term: 24
Lease Institution: NMACL
Base Monthly Rental: $ 237.29
 Use Tax: 7.7500%$ 18.39
 M.S.R.P.: $ 17,005.00
Total Monthly Payment: $ 255.68
 Mnthy/Ann Expect M: 12,000
 Mileage Penalty Rate: $ 0.15
 License Fees: $ 171.00
Residual %: 66.00%
Residual Value: $ 11,223.30
CapTax1 Rt/Amt: 7.7500%
   
Initial Cap Cost: $ 16,283.00
Bank Fee: $ 595.00
Adjusted Cap Cost: $ 16,878.00
 
 Drive Off: $ 483.92
#55 of 63
2008 Nissan Sentra 2.0S and 2.0SL lease programs by wdomkr03
Oct 09, 2008 (10:16 am)
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Hi Car Man,
 
Can you please provide me with the current NMAC lease programs (residuals and money factor rates) on the Nissan Sentra 2.0 S & SL? I'm interested in 24 and 36 month programs with 12 and 15K options. I'm trying to find the best lease deal for my mother. She's always liked Nissan's product but it open to any make at this point. Do you have any recommendations for other vehicle which currently have great lease programs? She's would like to be 250 or under with only her first payment down (adding taxes and fees into the lease). Only vehicle requirement is a height adjustable driver seat and good visibility.
 
Thank you!
#56 of 63
Re: 2008 Nissan Sentra 2.0S and 2.0SL lease programs [wdomkr03] by Car_man HOST
Oct 12, 2008 (5:06 pm)
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Replying to: wdomkr03 (Oct 09, 2008 10:16 am)

Hello wdomkr03. NMAC's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Sentra 2.0 S with an automatic transmission and 15,000 miles per year are .00325 and 65%, respectively. The numbers for an otherwise identical 36 month lease are .00325 and 53%. Interestingly, the numbers for the '08 Sentra SL are exactly the same.
 
NMAC's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Sentra 2.0 S with an automatic transmission and 15,000 miles per year are .00325 and 65%, respectively. The numbers for an otherwise identical 36 month lease are .00325 and 53%.
 
As far as similar cars that have better lease programs goes, your mother may want to take a look at the Toyota Corolla, Toyota Matrix, Mazda3, and Volkswagen Jetta. Even the unsupported lease program for the Honda civic isn't too bad.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#57 of 63
some one help by noah12345
Jan 30, 2009 (12:23 pm)
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I need to know if I am getting a good deal..
 
Nissan sentra...bottom of the line...
 
24 month lease..18000 miles a year... NO MONEY DOWN,,,$339 per month
 
how is this
#58 of 63
Re: some one help [noah12345] by Car_man HOST
Feb 12, 2009 (3:15 am)
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Replying to: noah12345 (Jan 30, 2009 12:23 pm)

Hi noah12345. The best way to tell how good a deal this is is to look at this car's selling price in relation to its MSRP. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without these numbers, it is difficult to tell how much of a dealer discount you are being given. Let us know what they are and I'm sure that either myself or another helpful community member will gladly tell you what they think.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#59 of 63
Nissan Sentra FE+2.0S Lease by guamjo
Jun 19, 2009 (7:52 pm)
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Just received the following quote on a 39 month lease on a Nissan Sentra FE+2.0S
 
MSRP - $18785
Negotiated price - $17300 (Includes cost of splash guards, trunk/floor mats)
Residual Rate - 58%
Money Factor - .00062
Down Payment - $1540 (includes all fees, taxes, DMV fees, 1st month payment)
Monthly Payment - $180
 
Is this a decent deal or can I do better?
 
Any insight would be much appreciated.
 
Thx!
#60 of 63
MF/Resi for Nissan Sentra SL? by leetchie69
Oct 09, 2009 (5:09 pm)
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I know Nissan is running a deal right now for their SR model.
 
Are there similar numbers for the SL trim model?
 
12k miles
#61 of 63
Re: MF/Resi for Nissan Sentra SL? [leetchie69] by Car_man HOST
Oct 12, 2009 (3:08 am)
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Replying to: leetchie69 (Oct 09, 2009 5:09 pm)

Hi leetchie69. NMAC's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Sentra SR with 15,000 miles per year are .00254 and 64%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#62 of 63
2010 - Sentra SR - Good Deal? by grifta
Oct 13, 2009 (2:10 pm)
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Car_man,
 
Please let me know if this deal is good.
 
Nissan Sentra 2010 SR w/ Convenience Package, Floor Mats, Splash Guards
 
MSRP: $18,840
Sale Price: $18,038
Down Payment: $0 (nothing down, nothing out of pocket)
Money Factor: .00254
Lease Term: 39mths
Res: 64%
 
Monthly Payment w/ NYS Tax (8.875%) $249.24
#63 of 63
Re: 2010 - Sentra SR - Good Deal? [grifta] by Car_man HOST
Nov 23, 2009 (3:23 am)
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Replying to: grifta (Oct 13, 2009 2:10 pm)

Hi grifta. Nissan Motor Acceptance Corp.'s November buy rate lease money factor for a 39 month lease of a 2010 Sentra SR is .00238. Make sure that the dealer that you are working with uses that factor to calculate your car's payment.
 
As far as the selling price goes, the car that you described probably has a spread of around $1,300 between its full MSRP and its dealer invoice price. That means that the $800 dealer discount that you are being given is probably equivalent to around $500 over invoice. That's not bad, but given the fact that there's some dealer cash floating around out there right now I personally wouldn't be surprised if you were able to shave another couple hundred dollars off of this car's price if you are in an area that has a decent level of competition and have the time to shop around.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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