Should I buy out lease or buy new Nissan Sentra?

mrb1104

I leased a 2012 Nissan Sentra fully loaded (Intelligent Key, Power Sliding Glass Moonroof, Bluetooth, AM/FM/CD Audio System w/ 4.3" Color Display, Tire Pressure Monitoring System, Etc.) for 38 months & the lease ends on 12/1. It only has 7,000 miles but I got the oil changed every 5-6 months & haven't had any problems in the 3 years I've had it. Should I buy out my lease (finance it for 60 months) or buy a 2014 base model w/ 0% financing for 72 months? I will have a down payment of $4,000+ for either. Although the 2012 is 3 years old it has very low miles, all the options & I've had good luck w/ it so far. Which is the smart/cost effective way to go?

kyfdx

mrb1104 said:

Buy out on the 2012 is $13,000 and the price of the 2014 which I haven't negotiated yet is $18,800. Thanks for your help!

Given the low miles and the higher level of equipment.... plus the lower price. I'd keep the one you have..

kyfdx

mrb1104 said:

I leased a 2012 Nissan Sentra fully loaded (Intelligent Key, Power Sliding Glass Moonroof, Bluetooth, AM/FM/CD Audio System w/ 4.3" Color Display, Tire Pressure Monitoring System, Etc.) for 38 months & the lease ends on 12/1. It only has 7,000 miles but I got the oil changed every 5-6 months & haven't had any problems in the 3 years I've had it. Should I buy out my lease (finance it for 60 months) or buy a 2014 base model w/ 0% financing for 72 months? I will have a down payment of $4,000+ for either. Although the 2012 is 3 years old it has very low miles, all the options & I've had good luck w/ it so far. Which is the smart/cost effective way to go?

What is the buyout amount on your 2012? And, what is the cost on the new 2014?

mrb1104

Buy out on the 2012 is $13,000 and the price of the 2014 which I haven't negotiated yet is $18,800. Thanks for your help!

mrb1104

I appreciate you taking the time to answer my question. Have a good day!