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2014 Nissan Altima Lease Questions

Karen_SKaren_S Posts: 5,092
edited February 2014 in Nissan
Looking to lease a 2014 Altima? Ask your questions here!

Here you can find and discuss all the latest lease details for the 2014 Nissan Altima, including cap costs, money factors, residual values, acquisition fees, etc. Please post any leasing questions you have or any details you’d like to share about your own lease deals.

You can also research local dealer inventory and pricing, reviews, features, and specifications, on our 2014 Nissan Altima page.

To see all forums discussions about the Nissan Altima, including earlier model years, please visit our list of Nissan Altima discussions.

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Comments

  • acr123acr123 Posts: 15
    Do you have Nov rates for the 2014 Altima 2.5 SL + Tech , 24 & 36 months, 15K. I have an Altima 2.5 SL lease that is expiring in Dec. Also, can you confirm the total incentive cash back for leases. It is unclear whether total is $1,000 + 500 + 375 to lease thru Nissan (numbers listed on your site ) and then the rest is just the negotiated price of the 2014 Altima.

    Thanks,

    Al
  • kyfdxkyfdx Posts: 148,386
    2014 Altima 2.5 SL 36mo, 15K/yr lease
    .00048 and 54% residual... The 24 month residual is 61%

    I'm sorry, but I don't have the incentive information.

    regards,
    kyfdx

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hi kyfdx,

    Did you mean a score below 600 to fall below Tier 4? I believe a score of 700 puts one on NMAC's tier 1 (at least that was the case a couple of years ago). Am I correct?

    Thanks
  • kyfdxkyfdx Posts: 148,386
    The numbers Nissan uses aren't FICO scores... It's a special "Auto Finance Bureau Score", that I think tops out at 950 (vs. 850 for FICO)...

    So, not exactly apples to apples...

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Got you. I appreciate the clarification.
  • Hi kyfdx,

    I was wondering if I could get some info on my lease. I leased a 2013 Nissan Altima 2.5SV a few months ago. I leased it for 2 years, 15K miles per year. The residual is $17,500. Is this likely high compared to what it will actually be? I'm on pace to only use a fraction of my 30K miles (I will likely end up using only about 15K total) so I was hoping I might have equity. Is that unlikely with such a high residual?
  • MichaellMichaell ColoradoPosts: 140,873
    If you keep the miles down, there is a possibility that the value of your car at the end of the 2 years will be higher than the residual value of the contract.

    If so, you can buy the car at the end of the lease and use the equity as down payment if you then trade the car in for something new.

    Having said that, finance companies are pretty good at estimating residual value. And, you should know that you're paying for miles you aren't driving - perhaps next time you should consider a 10K or 12K miles per year lease.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Any pros or cons to leasing now vs after Dec 2? I have a 2011 Altima 2.5S due for return 5/2014. They contacted me about their Lease Loyalty Program for an early turn-in / re-lease.

    Can I get the MF & RV for 2014 Altima 2.5SV with Convenience pkg @ 36 mo / 15K
  • kyfdxkyfdx Posts: 148,386
    2014 Altima 2.5SV 36mo, 15K/yr lease
    .00048 MF and 57% residual

    regards,
    kyfdx

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • What are the current residual and mf for 2014 sv with tech and convenience package? I'm doing research for my FIL. Are the #s better for the sl?
  • after a horrible accident brand new car just totaled - need new car ASAP

    here are rates/etc dealer gave us today:

    this is for tier 8 credit with Nissan
    money factor: .00410
    $1000 down (including first months payment)

    36 month lease
    invoice price: $23,977
    rebate: $875
    monthly payment: $438.86
    12k miles
    residual:
    $15,384.50

    24 month lease
    invoice price: $23,977
    rebate: $875
    monthly payment: $509.26
    12k miles
    residual: $16,976

    someone please let me know if this is a decent lease for this credit tier - need a vehicle today - thanks in advance for your help!
  • kyfdxkyfdx Posts: 148,386
    That is the correct money factor for Tier 8....

    Have you thought about trying to purchase the car, instead? Not sure if it's any better, but I wouldn't lease with that credit tier... ouch.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • With top tier credit, what is a good lease price for a 36m / 12,000 Altima SV.
    No money down, with the exception of taxes and fees.
    Back in October, before November rebates/holiday cash, they offered me $245 a month.
    What would the drop be now?

    Thanks,
    Cliff
  • isloverislover Posts: 32
    edited November 2013
    thank you kyfdx

    does everything else look ok? residual, etc?

    Is this a fair deal?
    dealer says they're selling for $500 below invoice - according to my calculations it is

    purchase is no better - lease is shorter & less painful

    after 12 payments we were told nissan will put anyone leasing with them in tier 1 for next lease purchase. is this true?
  • kyfdxkyfdx Posts: 148,386
    Money factor is lower this month, but so are the residuals, so unless there is a lot of holiday cash, lease prices aren't likely to be much different... $245/mo is cheap for any mid-size sedan, and once you get that low, you aren't likely to any significant change from month-to-month...

    regards,
    kyfdx

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 148,386
    At those prices, I'd go with the 36 month lease, rather than 24 months..

    I don't know what Nissan will do with credit tiers later.... The dealer might, but I wouldn't lease this car, based on hoping to get a better credit report on the next one.... That's too far away to count on, I think... Plus, hopefully by then, your credit will be better on it's own, from fixing whatever problems you've had.. If your actual credit is Tier 8, the next time, I wouldn't count on Nissan giving you Tier 1, just because you are an existing customer...

    regards,
    kyfdx

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • So here is the deal I got on on my 2014 SV with Convenience pkg. 36 mo @ 12K in NJ

    MSRP $27,440
    Price $25,711
    Resid 58%
    MF .00048
    Rebate $1,125
    Down $1,100

    $289.36 a mo

    Did I do ok?
  • I'm going to sign the contract for 2014 Altima S with Display Audio Package..
    15k miles/ yr for $230+tax per month 36 months lease..$0 down payment. Is this a good deal?
    I'm in Southern California.. monthly total $248.xx with tax.
  • thanks again kyfdx

    still didnt lease car - hoping rates/incentives/rebates will be better for December

    Nissan dealer told us that after 12 payments they put everyone at tier 1 for next lease - seemed a little fishy to me too - will have to ask Nissan directly before leasing

    Still desperately need a car and driving a rental - just don't want to take a bad deal or make the wrong choice

    Thank you again for your help - and happy thanksgiving to you
  • sds5sds5 Posts: 2
    Hello,

    Could some provide me the latest MF and RV for 2014 Nissan Altima SV and SL

    thanks
  • kyfdxkyfdx Posts: 148,386
    2014 Nissan Altima 2.5 SV 36mo, 15K/yr lease
    .00045 MF and 57% residual
    SL residual is 54%

    regards,
    kyfdx

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • sds5sds5 Posts: 2
    thanks @kyfdx.

    Are they different if it is a 12000 lease?.
    Also there is $1000 nissan cash and $ 1000 NMAC cash back i see in website which the dealer tells is not applicable to lease. Is that true?
  • kyfdxkyfdx Posts: 148,386

    @sds5 said:
    thanks kyfdx.

    Are they different if it is a 12000 lease?.
    Also there is $1000 nissan cash and $ 1000 NMAC cash back i see in website which the dealer tells is not applicable to lease. Is that true?

    The 12K/yr residual is 1% higher than the 15K/yr residual.
    I don't have the incentive information.

    regards,
    kyfdx

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • vb1pavb1pa Posts: 50

    Hi,

    Please post 3.5 and 2.5 SV and SL numbers on 36/12k lease if possible. Also, based on edmunds there are 2k in rebates/cash, can that be combined with VPP? What does VPP add as far as $ off invoice? Please advise

  • kyfdxkyfdx Posts: 148,386

    2014 Altima 2.5 SV 36mo, 12K/yr lease
    .00045 MF and 58% residual. SL residual is 55%

    3.5 SV residual is 56%.. SL residual is 57%

    I don't have the incentive and VPP information.

    regards,
    kyfdx

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • What is the MF and Residual on a 2013 Altima Coupe S (2014 isn't out yet) 36mo, 12k/yr?

  • kyfdxkyfdx Posts: 148,386

    2013 Altima Coupe S 36mo, 12K/yr lease

    .00003 MF and 49% residual

    kyfdx

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hi i'm interested in leasing a nissan altima (super basic) i reached out to a dealer who said the MSRP was 20k and the price was 17k, a deal for end of the year. But the monthly payments came out to $329 with $750 down. How were other folks getting such better deals like stevehebe and zerosky? I am in Chicago but willing to travel to the northwest burbs to get a better deal in Lake County for example.

  • Kirstie_HKirstie_H Posts: 11,077

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  • dimabkdimabk Posts: 19

    Hi,

    Could you tell me the MF and Residual on a 2013 and 2014 Altima SV, 36 month/12k per year lease in PA?

    Thanks.

  • kyfdxkyfdx Posts: 148,386

    2014 SV 2.5

    .00021 MF and 57% residual

    I don't see a lease program for the 2013 Altima sedan.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Can you tell me the MF and residual on
    2013 and 2014 SV and SL model
    24months 12K lease please.
    Thanks

  • vb1pavb1pa Posts: 50

    I'm seeing some sweet dealers offered through auto brokers on altima. Can some one provide mf/res on 36 or 24 month 12k lease on v6 sv or sl.

    Also help me understand what dealer incentives can be applied for this month.

  • kyfdxkyfdx Posts: 148,386

    @timarcand said:
    Can you tell me the MF and residual on
    2013 and 2014 SV and SL model
    24months 12K lease please.
    Thanks

    There is no 2013 sedan lease program.

    2014 2.5 SV 24mo, 12K/yr lease

    .00021 MF and 63% residual. Subtract 2% for SL model lease

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 148,386

    @vb1pa said:
    I'm seeing some sweet dealers offered through auto brokers on altima. Can some one provide mf/res on 36 or 24 month 12k lease on v6 sv or sl.

    Also help me understand what dealer incentives can be applied for this month.

    2014 Altima SV 3.5 36mo, 12K/year lease

    .00021 MF and 55% residual. Add 1% to residual for the SL model

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Any change in MF and Residual for feb? I am looking for Altima SL 35 month-12k miles.

  • kyfdxkyfdx Posts: 148,386

    It will be at least a few days before we get our hands on the new numbers.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Any February #s for a 2014 3.5SL for 36 mo and 12k miles?

  • Is this a good deal...2014 3.5SL with tech...319month 550 down (1st payment, dmv)36month 12k a year. .. dealer making my last 3 payments on my current nissan lease as well.

  • kyfdxkyfdx Posts: 148,386

    @timarcand said:
    Any change in MF and Residual for feb? I am looking for Altima SL 35 month-12k miles.

    2.5 SL?

    .00021 MF and 56% residual for 36mo, 12K/yr lease

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 148,386

    @hexdad1 said:
    Any February #s for a 2014 3.5SL for 36 mo and 12k miles?

    .00021 MF and 57% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • vqpowrvqpowr Posts: 8
    edited February 2014

    Pending deal need input..2014 3.5SL with tech...319 month(293+ NY tax)...550 down (1stmonth, dmv) 12k miles 36 month.

  • vb1pavb1pa Posts: 50
    edited February 2014

    Hi, just got a offer for Altima S for 36/12k @ 194/m (NY tax included) with ~$500 @ signing (first and DMV)

    Once I asked for Altima SV with NAV it went up $40 a month.

    Can anyone provide me the MF and Residual for the following cars @ 36m/12k:

    Altima S

    Altima SV

    Altima SL

    Also, if you have 24/12k numbers for each one please provide as well.

    Thank you in advance...

  • Hi. Can I please get the February money factor and residual for 2.5sv and the 3.5sv in nj?
    Thank you!

  • Hello,

    I was looking at a 2014 Honda Accord but couldn't get a deal done so now I am looking at a 2014 Altima 2.5SL. It looks like there are better deals, especially this week/end, for the Altima.

    Here are the details:
    2014 ALTIMA 2.5 SL
    Exterior: STORM BLUE Interior: CHARCOAL LEATHER
    MSRP: $29,555.00
    Options: Moonroof and Floor Mats
    Down Payment: $500.00
    36 month lease @ 12K a year = $289 monthly payment/tax in
    Residual will be: $16,255.00

    Is that a good deal? I live in Pennsylvania.

    Thank you,
    Dave

  • dcanes41dcanes41 Posts: 15
    edited February 2014

    I actually got the one dealership to go down to $269/month with $500 down. The $500 down includes first payment (35 months) taxes, tags, etc. All I need to give at signing. Good deal?

    @dcanes41 said:
    Hello,

    I was looking at a 2014 Honda Accord but couldn't get a deal done so now I am looking at a 2014 Altima 2.5SL. It looks like there are better deals, especially this week/end, for the Altima.

    Here are the details:
    2014 ALTIMA 2.5 SL
    Exterior: STORM BLUE Interior: CHARCOAL LEATHER
    MSRP: $29,555.00
    Options: Moonroof and Floor Mats
    Down Payment: $500.00
    36 month lease @ 12K a year = $289 monthly payment/tax in
    Residual will be: $16,255.00

    Is that a good deal? I live in Pennsylvania.

    Thank you,
    Dave

  • kyfdxkyfdx Posts: 148,386

    @vb1pa said:
    Hi, just got a offer for Altima S for 36/12k @ 194/m (NY tax included) with ~$500 @ signing (first and DMV)

    Once I asked for Altima SV with NAV it went up $40 a month.

    Can anyone provide me the MF and Residual for the following cars @ 36m/12k:

    Altima S

    Altima SV

    Altima SL

    Also, if you have 24/12k numbers for each one please provide as well.

    Thank you in advance...

    .00021 MF for all models for both 36 month and 24 month leases.

    Residuals: 24mo/36mo and 12K/yr.

    S = 65%/58%

    SV = 63%/57%

    SL = 61%/55%

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 148,386

    @nicollem said:
    Hi. Can I please get the February money factor and residual for 2.5sv and the 3.5sv in nj?
    Thank you!

    .00021 MF and 56%/54% residual for the 2.5SV/3.5SV for 36mo, 15K/yr lease.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • vb1pavb1pa Posts: 50
    edited February 2014

    Is that 269 with tax included? If so, what the tax bracket? Just to confirm you got a offer for 500 due at signing, and 35 more payment @ 269?

    DO you have Nissan Loyalty? Or anything else in play?

    For me to get to those prices w NY tax, the dealer would have to sell that car @ $24189. Thats almost 3500 under invoice, I belive they have ~ 2500 in dealer incentives at the moment, but to be 3500 under, thats very attractive!

    @dcanes41 said:
    I actually got the one dealership to go down to $269/month with $500 down. The $500 down includes first payment (35 months) taxes, tags, etc. All I need to give at signing. Good deal?

  • Yes, it is tax in... Tax is 9% in PA. Not sure what other incentives they included but I do not have Nissan Loyalty. Mentioned about a presidents day sale and the quote is good until this weekend.

    The other dealership wont go down from $289/month. Still waiting on the other. They are VERY slow with their internet process.

    @vb1pa said:
    Is that 269 with tax included? If so, what the tax bracket? Just to confirm you got a offer for 500 due at signing, and 35 more payment @ 269?

    DO you have Nissan Loyalty? Or anything else in play?

    For me to get to those prices w NY tax, the dealer would have to sell that car @ $24189. Thats almost 3500 under invoice, I belive they have ~ 2500 in dealer incentives at the moment, but to be 3500 under, thats very attractive!

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