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Nissan Altima Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi Jerry. Thank you very much for the kind words. Congratulations on getting your new car. In the long run you're right, you are driving a brand new car for only $17 more per month. If that will make your drive to Florida more pleasant, and as someone who once did it in a non-air conditioned Honda Civic with a manual transmission many moons ago I certainly can sympathize, then I can understand why you made the move. Enjoy your new ride!

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    I'd be happy to help you out, mdspinner. Nissan Motor Acceptance Corp.'s August buy rate lease money factor and residual value for a 39 month lease of a 2012 Altima SR Sedan and 15,000 miles per year are .00081 and 59%, respectively for consumers who qualify for its top credit tier.

    I think that the numbers are exactly the same for the SL.

    You are correct, Nissan is currently providing a $1,000 loyalty cash incentive on the 2012 Altima Sedan to current NMAC lessees.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hey 67breaker. Please see my previous post for the information that you're looking for.

    NMAC's residual values for leases with only 12,000 miles per year are 1% higher than its 15,000 mile per year residuals. I'm not sure if NMAC offers 10k leases on Nissan Division vehicles, but if it does its residual values for that allowance are likely 2% higher than its 15k resids.

    Car_man
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  • misslaumisslau Posts: 9
    Hi Carman (or anyone else who can answer this),

    Is Nissan still leasing 2011 Altimas? And if so, do you know until when? I'm considering leasing a 2011 but am not sure if they've already switched to 2012.

    Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Yes, misslau, Nissan is indeed still leasing 2011 Altimas. It's difficult to say how long Nissan will continue to offer lease support on '11 models for, but I suspect that it will be there for another couple of months.

    Car_man
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  • Hi,

    I am shopping around for a 2012 Nissan Altima 2.5 S coupe. I am looking to LEASE. I have very specific demands about what I want and I am not willing to compromise. I have been to several dealers and the closest dealer that has the car I want is in MA. I live in central NJ.

    The last dealer said they were willing to have it shipped from MA. The price they gave me for the 2012 Altima coupe was $3,000 down and $360 per month. The coupe has the convenience package, the premium package, and the leather package, which includes the moonroof, HID's, heated seats, BOSE audio, etc.

    I am not trading anything in. The original price they offered was $457 per month to LEASE including taxes and fees and I got up to walk out. MSRP was $32,850 with the packages. They said they would work with me and I talked them down to $360 per month including taxes and fees.

    I am in NJ so I am subject to a %7 sales tax as well, which is included in the price. They do have to ship this car from MA and I did not want to go all the way up there to get the car myself and put that much mileage on it driving it back.

    What are your thoughts on this offer?
  • iccars2iccars2 Posts: 1
    2012 Nissan Altima 2.5S with SL Package for $25,700. MF .00099, 59% residual, 39-months w/12,000 miles at $340 monthly (incl tax). There is a $1600 due at signing, with none going towards down payment. $1,000 NMAC not given. Do you have to apply to NMAC direct for the $1,000? Monthly payment seems high to me.
  • I just leased a 2012 Nissan Altima 2.5SL with Conv Pkg, Conv Plus Pkg, Premium Audio, and Floor Mats for $268 a month plus 7% tax for 24 months. Total due at signing was $1,000 (First month payment, Acq fee, DMV Fees/Title). Cap Cost of the vehicle was $25,500. They also threw in a rear spoiler.

    Seemed like a fair deal to me.
  • Can you tell me how many miles you got a year? Also, what was the MSRP?
    Thanks
  • MSRP was around $28,500, 12k miles per year
  • 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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  • 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!
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