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Nissan Altima Lease Questions

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  • Sorry, I have another question. Do you know what the money factor and residual they where using for the 24 month lease?
    Also, if this was purchased in NJ what town was the dealer?

    Thanks for your help
  • Hi Carman,

    Can I get the money factor and residual for a 2012 Nissan ALtima 2.5SL 15k for 24 months

    also

    Can I get the money factor and residual for a 2012 Nissan Altima S Coupe 15k for 39 months
    and 15k for 24 months

    Thanks again
  • wanttoleasewanttolease Posts: 4
    edited September 2011
    I'm looking to lease a 2011 Nissan 2.5 S Sedan with the SL package. Black on Black. How much should I be looking at for price, MF, residual? Thanks!

    I've got immaculate credit.
  • You sure can john420. Nissan Motor Acceptance Corp.'s September buy rate lease money factor and residual value for a 24 month lease of a 2012 Altima Sedan 2.5 SL with 15,000 miles per year are .00045 and 68%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a '12 Altima Coupe S are .00230 and 62%. the 39 month numbers for this car are .00141 and 57%.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi wanttolease. Nissan is not providing lease support on the 2011 Altima any longer. If you really want to lease one, you probably would be better off going with a 2012 model. If you're set on going with an '11, you probably would be better off financing it through NMAC at 0% for 5 years.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Leased a 2012 3.5SR with premium and sports package and floor mats for 39 months with truly 0 down at $290/month with 12k miles/year. I am in NC which has 3% sales tax and that is included in the $290. MSRP was around $31,000 and sale price was $27,500 with 58% residual. I thought I got a good deal. What do you guys think? Exterior is dark slate with charcoal interior.
  • Hi carman,

    Can you please tell me what the September lease rates are for a 2012 3.5 SR Sedan or Coupe with Premium and Sport packages?

    Thanks!
  • Do you know what your money factor was? I'm assuming you're referring to a Sedan as well. I'm looking at basically the same specs so I'm curious. I'm located in Seattle and it looks like my rates may be higher as well.
  • Hey,
    The MF was 0.00047 and yes this is a sedan.
  • Anyone that can help me I would appreciate it. I am looking to lease a car. I know nothing about leasing. It's all new to me. Patpecknissangulfport.com is advertising a 2012 Nissan altima 2.5 S for $0 down $199 a month. Sounds good but what's the catch and what do I need to ask when I call about it? Thanks bunches!
  • Hello Car_Man, do you have the September lease rates on a 2.5S for 36 months for both 12k and 15k miles? (what is the general rule on res going from 12k to 15k, is it 2%?)

    Thanks.
  • Hi misslau. Nissan Motor Acceptance Corp.'s September buy rate lease money factor and residual value for a 36 month lease of a 2012 Altima Sedan SR with 15,000 miles per year are .00047 and 58%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a 2012 Altima Coupe SR are .00141 and 56%.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi kmlgrl06. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Here's the information that you're looking for, eleven03. Nissan Motor Acceptance Corp.'s September buy rate lease money factor and residual value for a 36 month lease of a 2012 Altima Sedan 2.5 S with 15,000 miles per year are .00047 and 58%, respectively for consumers who qualify for its top credit tier.

    While normally residual values increase by 2% when switching from 15,000 miles per year to 12,000, I believe that NMAC bumps its resids by only 1%.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Thanks for the info. I think 199 a month 0 down may be about the best deal around me... I am going to see what they can do about getting me an altima with leather & sunroof for the same price maybe. If not, I am definately going to try to get them to throw in a maintenance package and lower the mileage overage rate from .25 to. 10 or. 15. I read those articles but the payment calculator makes no sense to me haha. Thanks again!
  • Thanks Car_Man, there is none better than you!!
  • You're very welcome, kmlgrl06. Good luck in your quest for a new Altima. Let us know if you have any other questions.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Thanks eleven03 :shades: .

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • I have a 2010 Nissan Altima 2.5SL with some Nismo factory upgrades (fully loaded altima minus navi). I love my car, but family needs has forced me to find a bigger vehicle. Im not a fan of any of nissans SUVs or the Quest. Im looking at the Sienna...

    How do i go about getting out from the Altima? Im only 12 months into the lease on a 39 month lease. I would owe 11,200 in payments or 24K payoff (according to the nissan financial site).

    ive looked at trading it in, id obviously be upside down with the car only being worth about 17-19K. Whats the best way to negotiate a trade in? Is selling it back to Nissan an option? Can a Nissan dealer buying it for my remaining payments plus termination fees? (i know they could buy it and flip it for a huge profit)
  • excellenceexcellence Posts: 7
    edited October 2011
    Leased on Sept 30 at a Texas Nissan dealership:
    36 month 15,000 miles/yr
    Msrp 24,570
    Cap cost 21,691
    Acquisition fee 595
    Title, license, reg 102
    Doc fee 50
    Taxes 0 (said they gave me a "tax credit" - Texas law normally charges full sales tax on a lease)
    MF .00047
    Residual 58% = 14,250
    Down payment 0, total due at signing = 247 (first payment)
    Monthly payment = 247
    They threw in window tinting, nitrogen in tires, fabric protectant, some other minor things.
    Took most of the day to get this deal. Not really sure but I think I did ok.
  • Good Evening CarMan. Could you please provide the latest residual and money factor for a 12000 mile per year 2012 Altima SL Sedan, as well as any changes to current incentives? Your information allowed me to "impress" the GM at a Honda dealer three years ago. Looking to do the same for an Altima soon. Thanks so much in advance...
  • Not to burst your bubble, but I leased a 2011 Maxima SV with cold and monitor package (loaded with everything but nav). Sticker $36500, cap cost $29500, $500 at siging for title, plates and first mo payment (so esentially o down). $283 a mo plus tax ($299 total) 39 mo/39k miles...
  • Congrats carguy, it sounds like you got a good deal on a Maxima. I appreciate this forum - it helped me get my deal on an Altima. I hope others benefit from us posting our info. Speaking of which, I posted the wrong payment - it is 244/mth not 247.
  • Good Day everyone.

    Learned a lot in the past few hours reviewing this forum and thought I would ask for some help to see what I should.

    I have a 2008 Nissan Altima Coupe (3.5L 6 speed) that I leased in 03/08 - it was a 4 year lease (15k per year). I was a little young and dumb at the time and traded in a car I owed a lot which caused my payments on the Altima to be VERY high.

    My monthly payments with tax are roughly 656.00 a month. Ouch...I know right. I have been paying it monthly but with 4.5 months left in my lease I have about 500 miles left till I hit the 60k mark and have started exploring my options.

    The current payoff for the car is 13,304 - and from my research the dealer could sell the car for around 18,000 if I took it in today.

    Being my first lease I am not sure the process now - If I go to the dealership and inquiry about a new vehicle with a loan or lease what would the process be. Would I have to have a down payment if my credit is above avg and with my payoff being what it is?

    I have seen the Nissan loyalty program where they will pay off the last 3 months if they can get you in a new lease - which I would be up for

    I guess I am just looking for some advice and feedback

    Thanks guys!
  • Let's see if we can help you out again, northeaster1 :). Nissan Motor Acceptance Corp.'s October buy rate lease money factor and residual value for a 36-month lease of a 2012 Altima SL Sedan with 12,000 miles per year are .00047 and 59%, respectively for consumers who qualify for its top credit tier.

    I think that Nissan is currently providing a $500 dealer cash incentive on the 2012 Altima Sedan that can be used in conjunction with this lease program.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • dagsydagsy Posts: 3
    Hi Car man,

    Is the money factor and residual value for october the same for an altima 3.5 SR CVT, 12,000 miles/year 36-month lease?

    MSRP is 31,800
    "internet price" 24,352
    includes current manufacturer incentive
    options are aluminum kick plate,premium package,sport package,floormats

    thanks in advance and more power to you.
  • dagsydagsy Posts: 3
    correction
    msrp is 31,180

    thanks
  • I am located in North Carolina also, and I would like to know if you could let me know the dealership who gave you this offer. Do you have a particular salesperson you would recommend?
  • Hi Carman,

    Can you provide the residual and MF leaes rates for October for the following?

    Altima Coupe 2.5S with all the packages and typical mileage (10k or 12k) for 39 mo
    Altima Coupe 3.5 SR with all the packages and same values above
    Altima Sedan 2.5S with all the packages and same values above
    Altima Sedan 3.5 SR with all the packages and same values above.

    I'm still trying to figure out what I want but in the meantime would like to be able to calculate some sample payments.

    Thanks!
  • Hi dagsy. Nissan Motor Acceptance Corp.'s October buy rate lease money factor and residual value for a 36-month lease of a 2012 Altima 3.5 SR Sedan CVT with 12,000 miles per year are .00047 and 59%, respectively for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
This discussion has been closed.