2016 Nissan Altima Lease Questions

kyfdxkyfdx Moderator Posts: 197,431
edited January 2016 in Nissan
Ask your 2016 Altima lease questions here!

Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!

Edmunds Moderator

«13

Comments

  • bobrad1bobrad1 Member Posts: 27
    In New Jersey, do you have the MF and residual for the Altima SV with 15,000 miles?
  • kyfdxkyfdx Moderator Posts: 197,431
    bobrad1 said:

    In New Jersey, do you have the MF and residual for the Altima SV with 15,000 miles?

    .00003 MF and 53% residual for 36 months. All trims.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • cdennis100cdennis100 Member Posts: 9
    Can I please get MF and residual for 2016 Altima 3.5 SL at 36/10, 36/12 and 48/12 (if offered)? I'm in IN if that matters. Thanks!
  • MichaellMichaell ColoradoModerator Posts: 192,921

    Can I please get MF and residual for 2016 Altima 3.5 SL at 36/10, 36/12 and 48/12 (if offered)? I'm in IN if that matters. Thanks!

    36/12 - .00003 and 54%. Add 1% for 10K

    48 month terms not competitive.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • beckman2713beckman2713 Member Posts: 43
    Hello,
    If I could get the numbers for 2016 Altima S and SV for NY & 12/36. Thank You
  • kyfdxkyfdx Moderator Posts: 197,431

    Hello,
    If I could get the numbers for 2016 Altima S and SV for NY & 12/36. Thank You

    .00003 MF and 54% residual

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • mikedefranmikedefran Member Posts: 86
    Taking my mother to the dealer tomorrow. Could I get the MF/Res for 10k/36 months for the SR and the SV in PA please 19008

    Thank you!
  • kyfdxkyfdx Moderator Posts: 197,431

    Taking my mother to the dealer tomorrow. Could I get the MF/Res for 10k/36 months for the SR and the SV in PA please 19008

    Thank you!

    .00003 MF and 54% residual for 36/12, for all 2016 Altima trims.

    We don't think Nissan offers 10K/yr.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • bobrad1bobrad1 Member Posts: 27
    In New Jersey, a dealer online has quoted me $285 per month on a 2016 Altima SV with convenience package. I am putting zero out of pocket and want 15,000 miles per year.  I have asked for the MSRP, selling price, residual, MF, and confirmation that I will not pay anything at inception. She has asked for a $200 deposit to have a sales order written up.  

    Is this typical? I don't feel I should have to. 
  • kyfdxkyfdx Moderator Posts: 197,431
    bobrad1 said:

    In New Jersey, a dealer online has quoted me $285 per month on a 2016 Altima SV with convenience package. I am putting zero out of pocket and want 15,000 miles per year.  I have asked for the MSRP, selling price, residual, MF, and confirmation that I will not pay anything at inception. She has asked for a $200 deposit to have a sales order written up.  

    Is this typical? I don't feel I should have to. 

    I wouldn't make a deposit, just to get a breakdown of the numbers.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • alex_msu1alex_msu1 Member Posts: 48
    edited February 2016
    Can you please post MF/Residuals (24mo/12k) for a 2016 Altima S and SV for NJ.
    Thanks
  • kyfdxkyfdx Moderator Posts: 197,431
    alex_msu1 said:

    Can you please post MF/Residuals (24mo/12k) for a 2016 Altima S and SV for NJ.
    Thanks

    .00003 MF and 59% residual for all trims.

    54% residual for 36/12

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • bobrad1bobrad1 Member Posts: 27
    Hi,

    In New Jersey, I have been offered an Altima SV with convenience package and 15,000 miles. Only payment at inception is the first month's payment of $285.

    MSRP $28,835
    Selling price $24,888
    Residual $15,070

    From the lease calculator I used, the monthly price seems good. Is the selling price of the vehicle too high?
  • MichaellMichaell ColoradoModerator Posts: 192,921
    bobrad1 said:

    Hi,

    In New Jersey, I have been offered an Altima SV with convenience package and 15,000 miles. Only payment at inception is the first month's payment of $285.

    MSRP $28,835
    Selling price $24,888
    Residual $15,070

    From the lease calculator I used, the monthly price seems good. Is the selling price of the vehicle too high?

    .00003 and 48%.

    With your prices, I get a payment of $308/mo + tax.

    We don't track selling prices.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • bobrad1bobrad1 Member Posts: 27
    They gave me a residual of 53%, not 48%.
  • MichaellMichaell ColoradoModerator Posts: 192,921
    bobrad1 said:

    They gave me a residual of 53%, not 48%.

    Confirm that this is an NMAC funded lease ... those are the only numbers we have.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • kyfdxkyfdx Moderator Posts: 197,431
    bobrad1 said:

    They gave me a residual of 53%, not 48%.

    If it's a 36/15 lease on a 2016 Altima SV, then 53% is correct. .00003 is the MF

    Guessing that @michaell was looking at the 2015 numbers.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • bobrad1bobrad1 Member Posts: 27
    So based on the 53%, the monthly price seems accurate? It then becomes a matter of whether I want to accept that selling price?
  • kyfdxkyfdx Moderator Posts: 197,431
    bobrad1 said:

    So based on the 53%, the monthly price seems accurate? It then becomes a matter of whether I want to accept that selling price?

    I get $268/mo.+tax, assuming the selling price is the CAP cost. Pretty close

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • MichaellMichaell ColoradoModerator Posts: 192,921
    kyfdx said:

    bobrad1 said:

    They gave me a residual of 53%, not 48%.

    If it's a 36/15 lease on a 2016 Altima SV, then 53% is correct. .00003 is the MF

    Guessing that @michaell was looking at the 2015 numbers.
    Yes, yes I was. Oops.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • mike08282002mike08282002 Member Posts: 1
    What's is the money factor and residual on 2016 Nissan Altima S so 36 month 12k miles a year?
    Thanks
  • MichaellMichaell ColoradoModerator Posts: 192,921

    What's is the money factor and residual on 2016 Nissan Altima S so 36 month 12k miles a year?
    Thanks

    .00003 and 54%

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • bobrad1bobrad1 Member Posts: 27
    In New Jersey, Altima SV with convenience package:

    MSRP: $28,385
    Selling Price: $22,795
    Tax: $710
    MV: $371
    Acquisition: $595
    Doc: $449

    Say they aren't charging me a destination charge of $895.

    Only first month's payment out of pocket.

    Monthly payment: $273.71

    Any thoughts?
  • bobrad1bobrad1 Member Posts: 27
    15,000 miles
  • MichaellMichaell ColoradoModerator Posts: 192,921
    bobrad1 said:
    In New Jersey, Altima SV with convenience package: MSRP: $28,385 Selling Price: $22,795 Tax: $710 MV: $371 Acquisition: $595 Doc: $449 Say they aren't charging me a destination charge of $895. Only first month's payment out of pocket. Monthly payment: $273.71 Any thoughts?
    bobrad1 said:
    15,000 miles
     What lease term? 

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • bobrad1bobrad1 Member Posts: 27
    Sorry. 36 months
  • MichaellMichaell ColoradoModerator Posts: 192,921
    bobrad1 said:

    In New Jersey, Altima SV with convenience package:

    MSRP: $28,385
    Selling Price: $22,795
    Tax: $710
    MV: $371
    Acquisition: $595
    Doc: $449

    Say they aren't charging me a destination charge of $895.

    Only first month's payment out of pocket.

    Monthly payment: $273.71

    Any thoughts?

    bobrad1 said:

    15,000 miles

    bobrad1 said:

    Sorry. 36 months

    I get about $276/mo with those numbers, so pretty close to your quote.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • bobrad1bobrad1 Member Posts: 27
    Hi,

    The above deal had to be altered a bit. If you could tell me your opinion on the following I would greatly appreciate it. I am looking at an 2016 Altima SV with convenience package, floor/trunk mats, illuminated kick plates, and rear deck spoiler. The dealer is installing ground lights. 36 months 15,000 miles.

    Only amount due at inception is the first month's payment of $278.88

    These are the exact numbers from a sheet the dealer gave me:

    MSRP: $28,800

    Discount: 4,098.26

    Sale price: $24,701.74

    Total Financed Aftermarkets: $299

    Total Rebates: $2,200

    $22,501.74


    Customer Cash: $0.49

    Total Cash: $0.49

    Advanced Payments: $278.87

    Upfront Charges: $827.50

    Total Cap Reduction: $1094.12

    Due on delivery: $0.49


    Thanks



  • MichaellMichaell ColoradoModerator Posts: 192,921
    bobrad1 said:

    Hi,

    The above deal had to be altered a bit. If you could tell me your opinion on the following I would greatly appreciate it. I am looking at an 2016 Altima SV with convenience package, floor/trunk mats, illuminated kick plates, and rear deck spoiler. The dealer is installing ground lights. 36 months 15,000 miles.

    Only amount due at inception is the first month's payment of $278.88

    These are the exact numbers from a sheet the dealer gave me:

    MSRP: $28,800

    Discount: 4,098.26

    Sale price: $24,701.74

    Total Financed Aftermarkets: $299

    Total Rebates: $2,200

    $22,501.74


    Customer Cash: $0.49

    Total Cash: $0.49

    Advanced Payments: $278.87

    Upfront Charges: $827.50

    Total Cap Reduction: $1094.12

    Due on delivery: $0.49


    Thanks

    If that payment includes tax, that's' a decent deal on a $29K car.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • bobrad1bobrad1 Member Posts: 27
    Yes, the tax is included in the payment. I thought it was a very good deal but I just wanted to check before completing it. Thanks
  • alex_msu1alex_msu1 Member Posts: 48
    Can you please post MF/Residuals (24mo/12k) for a 2016 Altima S and SR for NJ.
    Thanks
  • kyfdxkyfdx Moderator Posts: 197,431
    alex_msu1 said:

    Can you please post MF/Residuals (24mo/12k) for a 2016 Altima S and SR for NJ.
    Thanks

    .00003 MF and 59% residual

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • mceaglemceagle Member Posts: 2
    In Tennessee, do you have MF and RES for 2016 Altima SV w/Conv and Nav? 36/12 and 36/15. Thanks!
  • MichaellMichaell ColoradoModerator Posts: 192,921
    mceagle said:

    In Tennessee, do you have MF and RES for 2016 Altima SV w/Conv and Nav? 36/12 and 36/15. Thanks!

    36/15 - .00003 and 53%. Add 1% for 12K

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • timeless61timeless61 Member Posts: 16
    Can you provide Money factor and residual for 2016 Altima 3.5 SR 12k/36 months, in PA 18411?

    thank you
  • kyfdxkyfdx Moderator Posts: 197,431

    Can you provide Money factor and residual for 2016 Altima 3.5 SR 12k/36 months, in PA 18411?

    thank you

    .00003 MF and 52% residual for all 2016 Altimas

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • guero235guero235 Member Posts: 10
    Can i get the mf and residual for 2016 Altima 2.5 SL 36/12 in Utah.

    Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 197,431
    guero235 said:

    Can i get the mf and residual for 2016 Altima 2.5 SL 36/12 in Utah.

    Thanks in advance!

    .00003 MF and 52% residual for all 2016 Altimas

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • fraddy18fraddy18 Member Posts: 4
    At the end of May in TX, I was offered a 2016 3.5SL with tech, 12k/36 for $370 down and $370/mo. Once April hit I was told that "nissan"  has changed the residual by a lot. The price shot up by $45/mo. Anyone know if this is accurate or just a lie to raise the price? I have not been given the details on what the residual or MF are yet, just drive out price as a lease payment. 

    Thanks in advance. 
  • MichaellMichaell ColoradoModerator Posts: 192,921
    fraddy18 said:

    At the end of May in TX, I was offered a 2016 3.5SL with tech, 12k/36 for $370 down and $370/mo. Once April hit I was told that "nissan"  has changed the residual by a lot. The price shot up by $45/mo. Anyone know if this is accurate or just a lie to raise the price? I have not been given the details on what the residual or MF are yet, just drive out price as a lease payment. 

    Thanks in advance. 

    .00003 MF and 52% residual for all 2016 Altimas in April.

    Residual dropped 2% from February. Might result in a $45 increase to the payment.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • fraddy18fraddy18 Member Posts: 4
    At the end of March is what I intended to say.. 
  • fraddy18fraddy18 Member Posts: 4
    I appreciate your response, thank you! 
  • MichaellMichaell ColoradoModerator Posts: 192,921
    fraddy18 said:

    At the end of March is what I intended to say.. 

    I did, too.

    March residual was 54%; April residual now 52%.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • fraddy18fraddy18 Member Posts: 4
    Should have pulled the trigger last month! 

    Can the dealer put a higher MF or different residual if they choose to?  Or is that set by the bank? 
  • kyfdxkyfdx Moderator Posts: 197,431
    fraddy18 said:

    Should have pulled the trigger last month! 

    Can the dealer put a higher MF or different residual if they choose to?  Or is that set by the bank? 

    Residuals are set by the bank and can't be altered. Money factors can be marked up for extra profit, but can't say I've ever seen a Nissan dealer do that.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • alvaro319alvaro319 Member Posts: 45
    edited April 2016
    What is the MF and Residual % for a 2016 Nissan Altima for 36month/12k for Florida?
  • MichaellMichaell ColoradoModerator Posts: 192,921
    alvaro319 said:

    What is the MF and Residual % for a 2016 Nissan Altima for 36month/12k for Florida?

    .00003 and 52%

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • superdrysuperdry Member Posts: 3
    I just went to dealershop in MA,
    trading in my 07 altima hybrid with little damage, on 178k. Was offered $469 upfront, $188+tax a month, for 12k a year, 36 months. Is it good deal?
  • MichaellMichaell ColoradoModerator Posts: 192,921
    superdry said:

    I just went to dealershop in MA,
    trading in my 07 altima hybrid with little damage, on 178k. Was offered $469 upfront, $188+tax a month, for 12k a year, 36 months. Is it good deal?

    What is the MSRP and selling price of the car you wish to lease? How much are they giving you in trade?

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

  • superdrysuperdry Member Posts: 3
    Here's what the dealer sent me as a proposal,

    Lease detail:
    retail price:24,520.00
    sales price:23.233.00
    savings: 1,287.00
    Government fee: 170
    admin fee:239
    Acquisition fee: 595
    gross cap cost: 24,437.00
    trade allowance: 2,800.00
    trade equity: 2,800.00
    rebate: 4,750.00
    cash down: 200
    net cap cost: 16,796.89

    mileage, 15k
    term: 36 monthly
    residual: 41%
    payment: $200

    It's an update from MA (actually this quote is better than the first dealership I went to)
Sign In or Register to comment.