2019 Nissan Sentra SV- HELP WITH UNDERSTANDING LEASE DEAL

lexiserin1123lexiserin1123 Member Posts: 2
edited April 2019 in Nissan
Hello,

I recently did all the research on the car I would like to lease and have the dealer who has it in stock.


Research details:
MF of .0003 and RV of 51% for 19115
Sales Price (TrueCar) = $16643
Nissan Incentives $2500 off MSRP
Certified Dealer MSRP Discount $1808
Sales Tax is 6%
Dealer fees $350
Tax, Registration,Tags etc- cost unknown...What is normal?

Asked Dealer for a quote and this is what they send:
For KY212525

MSRP: $20,785.00

Savings $1642.00

Selling price $19,143

Minus $2500 rebate

Sub total $16,643

Plus Fees $310.55

Tax $1347.96---is this right?

Out the door $18,301.51

I am new to this--does this quote seem in line with my research?

If I plug the quote values into the Lease Hacker calculator it calculates my monthly payment to be $154 (including the tax)

Thank you in advance for your insight!
Alexis

Answers

  • MichaellMichaell Moderator Posts: 230,975

    Hello,

    I recently did all the research on the car I would like to lease and have the dealer who has it in stock.


    Research details:
    MF of .0003 and RV of 51% for 19115
    Sales Price (TrueCar) = $16643
    Nissan Incentives $2500 off MSRP
    Certified Dealer MSRP Discount $1808
    Sales Tax is 6%
    Dealer fees $350
    Tax, Registration,Tags etc- cost unknown...What is normal?

    Asked Dealer for a quote and this is what they send:
    For KY212525

    MSRP: $20,785.00

    Savings $1642.00

    Selling price $19,143

    Minus $2500 rebate

    Sub total $16,643

    Plus Fees $310.55

    Tax $1347.96---is this right?

    Out the door $18,301.51

    I am new to this--does this quote seem in line with my research?

    If I plug the quote values into the Lease Hacker calculator it calculates my monthly payment to be $154 (including the tax)

    Thank you in advance for your insight!
    Alexis

    What state is this?

    And, the Truecar price may include incentives that are not compatible with a lease.

    You also have to account for the $595 acquisition fee Nissan charges for every lease.

    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

  • lexiserin1123lexiserin1123 Member Posts: 2
    This is PA.

    I guess my main question or the clarification I am looking for is that regardless of the difference in their quote and the Truecar information..they are pretty close and I would still be getting a somewhat of a deal? They do not seem to be trying to get over on me and they did not fight to give me this quote.

    Also, they are running a lease special right now for this car $189/mo, $0 due at signing with a $2125 factory rebate and a disposition fee of $325...but MSRP is $20,027...with doing the research even this is over priced.
  • MichaellMichaell Moderator Posts: 230,975

    This is PA.

    I guess my main question or the clarification I am looking for is that regardless of the difference in their quote and the Truecar information..they are pretty close and I would still be getting a somewhat of a deal? They do not seem to be trying to get over on me and they did not fight to give me this quote.

    Also, they are running a lease special right now for this car $189/mo, $0 due at signing with a $2125 factory rebate and a disposition fee of $325...but MSRP is $20,027...with doing the research even this is over priced.

    Under $200/mo for a car that stickers at $20K is a good lease deal.

    Be advised that in PA, the monthly payment is subject to tax on a lease, and there is a 3% lease tax, so the total tax rate is either 9% or 10% (depending on where you live).

    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

  • leasingacar1leasingacar1 Member Posts: 10
    edited April 2019
    I am looking for the MF, residual, and lease incentives for the 2019 Nissan Sentra S 12K miles, 36 mo, automatic transmission in Michigan 48301. Thank you!
  • MichaellMichaell Moderator Posts: 230,975

    I am looking for the MF, residual, and lease incentives for the 2019 Nissan Sentra S 12K miles, 36 mo, automatic transmission in Michigan 48301. Thank you!

    .00003 and 48% (assuming automatic)
    $1125 incentives

    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

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