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2014 Nissan Altima Lease Questions

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  • Hi, could you give me the RV and MF for the 2014 & 2015 Altima 2.5SL for 36/39 mos, 15K in NJ. Thanks.
  • kyfdxkyfdx Posts: 29,801
    kff1289 said:

    well, 39mo, 12k/yr. MSRP 37,190. Want to know if that is a good deal or not. Apologize for the ignorance..

    Yes.. that's dirt cheap.

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  • kyfdxkyfdx Posts: 29,801

    Hi, could you give me the RV and MF for the 2014 & 2015 Altima 2.5SL for 36/39 mos, 15K in NJ. Thanks.

    2.5 SL? .00003 MF and 55% residual for 36mo, 15K/yr. for 2015

    .00003 MF and 51% residual for 36mo, 15K/yr for 2014

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  • ulasozcelikulasozcelik Charlotte, NCPosts: 11
    Hi there,

    Looking to lease a 2015 Altima SL. May I please have the money factor and the residual for 36 months @ 12K miles per year.

    Thanks
  • MichaellMichaell ColoradoPosts: 6,342

    Hi there,

    Looking to lease a 2015 Altima SL. May I please have the money factor and the residual for 36 months @ 12K miles per year.

    Thanks

    2.5?

    56% and .00003 for 36/12.

    Add 1% for 3.5SL

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  • ulasozcelikulasozcelik Charlotte, NCPosts: 11
    Am I calculating this right? This is regarding a 2015 Altima SL (2.5L engine) with moon roof and tech. package.

    MSRP: $31,250
    The deal they are giving me for this car is: $25,970 (no money down)
    NC (Mecklenburg County) Sales Tax: 7.25%

    Thanks to the moderators, we know that the residual value is 55% for 36 months and 15K miles per year and I qualify for Tier 1 credit so it's 0.00003.

    $31,250 x 0.55 = $17,187.5

    $25,970 - $17,187.5 = $8,782.5

    $8,782.5 / 36 = $243.95

    ($31,250 + $25,970) X 0.00003 = $1.71

    ($243.95 + $1.71) x 0.0725 = $17.81

    Total: $263.47 per month?
  • MichaellMichaell ColoradoPosts: 6,342

    Am I calculating this right? This is regarding a 2015 Altima SL (2.5L engine) with moon roof and tech. package.

    MSRP: $31,250
    The deal they are giving me for this car is: $25,970 (no money down)
    NC (Mecklenburg County) Sales Tax: 7.25%

    Thanks to the moderators, we know that the residual value is 55% for 36 months and 15K miles per year and I qualify for Tier 1 credit so it's 0.00003.

    $31,250 x 0.55 = $17,187.5

    $25,970 - $17,187.5 = $8,782.5

    $8,782.5 / 36 = $243.95

    ($31,250 + $25,970) X 0.00003 = $1.71

    ($243.95 + $1.71) x 0.0725 = $17.81

    Total: $263.47 per month?

    I get $263.03/mo with your numbers; your calculation of the finance charge is incorrect. It's the cap cost + residual value multiplied by the MF. It works out to $1.29/mo, not the $1.71 you show.

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  • ulasozcelikulasozcelik Charlotte, NCPosts: 11
    Thanks Michaell,

    Would you happen to know if NMAC charges disposition fee? If yes, do you know how much?
  • kyfdxkyfdx Posts: 29,801

    Thanks Michaell,

    Would you happen to know if NMAC charges disposition fee? If yes, do you know how much?

    All NMAC leases have a disposition fee.. Though, I'm not sure of the amount.

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  • ulasozcelikulasozcelik Charlotte, NCPosts: 11
    Thank you very much guys!
  • tjm111tjm111 Posts: 6
    edited September 17
    Could you provide the MF and RV for the Altima S in the Boston area? I'd be looking for a 36 mo lease at 12k per year. thanks!
  • kyfdxkyfdx Posts: 29,801
    tjm111 said:

    Could you provide the MF and RV for the Altima S in the Boston area? I'd be looking for a 36 mo lease at 12k per year. thanks!

    2.5 S? .00003 MF and 55% residual for 36mo, 12K/yr.

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  • ulasozcelikulasozcelik Charlotte, NCPosts: 11
    Another question. What is the procedure when it comes to the acquisition fee and the dealer's doc. fees? The dealer is telling me that the acquisition fee is $595 and their doc. fee is $699. I'm looking at $1294 + first month's payment + DMV costs. It's too high of an amount to come up with just to get into a car. Can the $1294 be added onto the cap. cost so that it too can be financed? I know that this will increase my monthly payment... Or do I negotiate for them to not charge me doc. fee or something and I just pay the acquisition fee, which I'm afraid they have no say in it since it's NMAC that charges it...
  • MichaellMichaell ColoradoPosts: 6,342

    Another question. What is the procedure when it comes to the acquisition fee and the dealer's doc. fees? The dealer is telling me that the acquisition fee is $595 and their doc. fee is $699. I'm looking at $1294 + first month's payment + DMV costs. It's too high of an amount to come up with just to get into a car. Can the $1294 be added onto the cap. cost so that it too can be financed? I know that this will increase my monthly payment... Or do I negotiate for them to not charge me doc. fee or something and I just pay the acquisition fee, which I'm afraid they have no say in it since it's NMAC that charges it...

    The acquisition fee is not negotiable, but can be rolled into the cap cost. You should work to negotiate a selling price that offsets the doc fee of $699 - this, too, I think can be rolled into the cap cost.

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  • ulasozcelikulasozcelik Charlotte, NCPosts: 11
    Michaell, thank you once again,
  • hey folks, new to leasing here was wondering if you guys could guide me a bit and lead me to a comofortable decision.

    Looking into leasing a 2014 Altima 2.5S at Nissan dealer here on Long Island.

    I was offered 199/Month with 3000 dollars down and am trading in my 2002 Lancer which has a trade in value of just over 2k. So essentially for me its 1000 down 199/month. I was at the dealer today and his was the last thing we talked about

    Can you guys weigh in on wether or not I'm getting a good deal and what other fees I'm going to get slapped with? And would you guys opt to do something else? Sorry for the noobish questions but this is my first rodeo here.
  • Some added info, MSRP is 23,320

    If you guys could guide me that'd be great
  • otoluvaotoluva Posts: 143
    Did you read a few pages back? There is plenty of info.
  • its pretty hard to decipher through all of that. I see a lot of people putting 1000 down or zero down on here. Thats why im asking for some advice on the deal i was given
  • kyfdxkyfdx Posts: 29,801

    hey folks, new to leasing here was wondering if you guys could guide me a bit and lead me to a comofortable decision.

    Looking into leasing a 2014 Altima 2.5S at Nissan dealer here on Long Island.

    I was offered 199/Month with 3000 dollars down and am trading in my 2002 Lancer which has a trade in value of just over 2k. So essentially for me its 1000 down 199/month. I was at the dealer today and his was the last thing we talked about

    Can you guys weigh in on wether or not I'm getting a good deal and what other fees I'm going to get slapped with? And would you guys opt to do something else? Sorry for the noobish questions but this is my first rodeo here.

    If your Lancer is worth $2K, then it really is $3000 down and $199/mo. If you want to compare prices to what other people have received, you have to deal in the real number.

    But, if you want any sort of evalution of your deal, you'll have to give more details. How long is the lease? What is the mileage allowance? What money factor are they using and what is the selling price of the car?

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  • al107al107 Posts: 1
    There is a dealer in the NE offers $169 per mo with no money down for a 2015 Altima 2.5 S (MSRP $23505) for 36 months and 12k mile a year. Is that a good deal? What is the MF and residual for that car? THANKS!!!
  • MichaellMichaell ColoradoPosts: 6,342
    al107 said:

    There is a dealer in the NE offers $169 per mo with no money down for a 2015 Altima 2.5 S (MSRP $23505) for 36 months and 12k mile a year. Is that a good deal? What is the MF and residual for that car? THANKS!!!

    $169/mo for a car that stickers for $23K seems like a pretty good deal.

    MF is .00003 and 36/12 residual for the S model is 53%.

    There must be a heck of a discount to get to $169/mo and $0 down.

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  • Greetings,

    Looking for RV and MF in Virginia for 2015 Altima 2.5 S. 36/12 lease. Thanks very much
  • kyfdxkyfdx Posts: 29,801

    Greetings,

    Looking for RV and MF in Virginia for 2015 Altima 2.5 S. 36/12 lease. Thanks very much


    .00003 MF and 57% residual

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  • jimmydean7jimmydean7 Posts: 10
    Do you have any information on the current month lease cash from Nissan as well as the residual percentage for a 2014 SV?
    Thanks.
  • jimmydean7jimmydean7 Posts: 10
    In addressing the above request, the lease time/miles is 3 years 15 K per year..sorry.
  • MichaellMichaell ColoradoPosts: 6,342

    Do you have any information on the current month lease cash from Nissan as well as the residual percentage for a 2014 SV? 3 year 15K per year.
    Thanks.

    2.5?

    53% and .00003.

    Subtract 2% for 3.5.

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  • jimmydean7jimmydean7 Posts: 10
    Michael: What about Nissan cash back? I am being told that the Nissan cash is 1,450 + 500 for a total of 1,950 on a 2014 SV 2.5 3 year lease. Can you confirm, please?
  • MichaellMichaell ColoradoPosts: 6,342

    Michael: What about Nissan cash back? I am being told that the Nissan cash is 1,450 + 500 for a total of 1,950 on a 2014 SV 2.5 3 year lease. Can you confirm, please?

    I don't have any information on Nissan incentives - use the "Car Research" tab at the top of the page to see what Edmunds' shows.

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