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2013 and earlier Nissan Sentra Lease Questions

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  • I would highly appreciate if somebody could provide me with residual value and money factor for 08 Sentra 2.0 with ABS and 15,000 miles for 24 months lease. Dealer is also offering to pay the tax for me. Thank you.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here you go, tangomujer. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2008 Nissan Sentra 2.0 with 15,000 miles per year are .00084 and 68%, respectively.

    Car_man
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  • rdyxlrdyxl Posts: 4
    I am in the market for a Nissan Sentra 2.0S with CVT package. Can anyone help with the Jun's money factor and residual for 24 / 36 month lease with 12000 miles per year. :confuse:
    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here's the info that you're looking for, rdyxl. NMAC's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Nissan Sentra 2.0 S with an automatic transmission and 12,000 miles per year are .00084 and 69%, respectively. The numbers for an otherwise identical 36 month lease are .00118 and 57%.

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  • backybacky Twin CitiesPosts: 18,628
    Have these numbers changed for July? Also, is 12k miles the lowest that the NMAC leases go? Thank you.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi backy. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2008 Sentra 2.0S with an automatic transmission and 12,000 miles per year are .00040 and 55%, respectively. I have never seen a NMAC lease with less than 12,000 miles per year.

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  • rasldaslrasldasl Posts: 74
    I went through the typical dealer experience the day I leased my Sentra. Would have signed away my first born child to get out of there. Instead signed a lease for a $21,000 loaded Sentra SL that they somehow had capitalized at $23,000 (and I don't think this included any fees/tax/title). Long story short, I am paying $369/month for a 36 month/36,000 mile lease. I am a bit over on mileage but can probably keep it down for the remaining 18 months to come in about even. I think I am paying way too much and could probably have bought the thing for the same payment but that's water under the bridge.

    Here is my question: I acutally like the car and might want to buy it out at lease end. The problem is that the way they structured the lease the buyout is about $12,000. I think that is more than the car is going to be worth. Do I have any room to negotiate this price? I don't want to have to turn it in and then buy a similar car used, not knowing the history of it, when I could just buy this one. Also, I am not familiar with how this buy-out affects things like sales tax. I know if I buy a car for $12,000 cash with no trade-in here in NJ I will pay $840 sales tax. Was sales tax on the whole price of the car already paid when I leased it or just tax on the difference between capitilized cost and buyout price?

    I spoke to a salesman at another dealer and he indicated that if I want a new Nissan that I might be able to get out of the lease as soon as 6 months early without having to pay the remaining payments. That might be an option but I really don't want to get into another lease (ever again!) so then I am looking at payments on a new car instead of a used one. They will be pretty high since I will have no trade-in.

    Anybody out there with experience in this area?

    Thanks.
  • ed108ed108 Posts: 34
    What about the 24 month numbers? I've seen a $159/month for 24 months ad which I may be interested in.

    Thanks for your reply.
  • I was told from a dealer
    "On the lease, you do not have any customer cash. Customer cash is for purchases only. So when you see these low prices on cars, that's after the cash back offer is applied. There is no cash back offer with the lease. Only a special money factor. "

    Is this not the case? According to your post it looks like those rebates would be in effect.
  • dperonedperone Posts: 14
    Looking for a 36 month - 12K lease on a loaded Sentra in NJ. Thoughts on good deals??
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hello ed108. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2008 Sentra 2.0S with an automatic transmission and 12,000 miles per year are an extremely attractive .00006 and 67%, respectively.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi jmcgonigal. The $1,500 customer cash incentive that Nissan is currently providing on the 2008 Sentra is not compatible with its special lease program.

    Car_man
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  • leeshuckleeshuck Posts: 73
    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
  • 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!
  • 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
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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
  • 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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  • guamjoguamjo Posts: 6
    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!
  • I know Nissan is running a deal right now for their SR model.

    Are there similar numbers for the SL trim model?

    12k miles
  • 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
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This discussion has been closed.