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Nissan Altima Lease Questions
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Thanks to this forum and CarMan for your help on this. Using your info. and the lease calculator you recommend I was able to move them from their first offer of $350 per month and $975 up front. I will give them props for not hesitating to show me their calculations, even though they were seemingly using the same numbers I had, they were still $18 per month higher at one point. After more discussion they agreed to meet my calculation. Maybe there is a way for them to hide additional fees/profits even though all of the numbers seem to be right?
Even though the quote that you received includes sales tax and the one that I worked up doesn't, I suspect that you will be able to beat the offer that you have received fairly easily.
Car_man
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You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different.
Car_man
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You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different.
Car_man
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The lease agreement (as well as his monthly statement) should list the lease end date.
If the lease contract signed by your son states the lease is 42 months then I don't believe there is much you can do about it, other than turning the car in early and terminating the lease contract and paying all of the fees associated with it.
Sorry
Looking for 36 mos, 12k miles
MSRP: $26,350
Need Nov. money factor and depreciation
12,000 miles
36 mo lease
Do current cash back incentives apply to leasing?
Thanks
Could you please tell me the lease rates for a 2009 and 2010 Nissan Altima S at 12K and 15K for 36 months?
Thanks.
Thanks
I would be happy to use this program to work up a sample lease payment for you, however in order for me to do so I need you to provide me with this car's approximate selling price, or at least its dealer invoice price, first.
Car_man
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The $1,750 cash incentive that Nissan is currently providing on the '09 Altima Sedan is not compatible with its special lease program.
Car_man
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The numbers for an otherwise identical lease of a 2010 model are .00205 and 59%.
If you were to lease either of these cars with only 12,000 miles per year, their residual values would be 1% higher.
Car_man
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According to my calculations, if you were to lease a 2010 Nissan Altima 2.5 Sedan SL that has an MSRP of $27,120 and a selling price of $25,714 ($500 over invoice) through Nissan Motor Acceptance Corp. right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $356.
Car_man
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I just test drove the 2010 Altima 2 days ago and I love it! The dealer has it listed @ 29K MSRP, this is with every feature minus my color pref. I'm going back in to talk figures in the next couple days. My husband and I are very good at negotiation and we're planning that they will counter quite a bit. No trade in, planning on putting 1K down, getting them to go from 29K to 26K, waive the disposition fee and get my payments to about 280/mo. This may sound a bit crazy compared to other monthly payments I've seen posted, but we've negotiated even more aggressive in other times.
What I dont know are what other hidden fees does the lease include that I haven't seen posted. The Disp Fee I had waived on my last lease and they wanted nothing for maintenance before return.
How are Nissans wear and tear policys, req's for maintenance before turn in?
Appreciate any help you can provide!
Thanks,
L
I am currently leasing an '08 Altima 2.5 S with the convenience package. I am paying 300 per month for 39 months and my lease will be up in exactly 12 months from now. I am leaning towards buying the car out at the end of the lease. The buyout price is $15,000. How flexible is Nissan with negotiating this amount? My goal would be to bring that price down to $12,000 (to continue paying ~300/month for another 3 years past the end of the lease). Since this is my first lease, I have no idea if a figure like this is reality so please clue me in.
If I do decide to return the lease, what can I expect in terms of paying for excessive wear and tear? I am well under the allotted mileage. However, I do have a few dings from daily driving: A bullseye that's less than 1/2", two light dents about 1" in diameter, and a 1" paint deep scratch on the rear door. Would it be in my best interest to fix all of this before returning the lease or take my chances with the 3rd party inspection?
I leased with NMAC
The best offer so far has been:
2010 Nissan Altima Coupe 2.5s
Silver exterior, Black interior
-Convenience Package
-Premium Package
MSRP: $27,435
Invoice: $25,454
39 Month Lease
12k miles/year
$3,000 TOTAL down
Monthly Payment: $299/month plus tax
TOTAL Monthly Payment including tax: $328/month
Is this a good deal? Anyone know the money factor and residual for this car? Any lease calculator recommend?
Unfortunately, Toyota and Honda do not charge this disposition fee, as of yet, which just infuriates me because why should we pay to have the mandatory inspection when Nissan's major competitors do not charge it! Just another way for the car manufactures to screw us hard working, tax paying consumers over
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but you have to be careful though; the dealership I leased from tried to pull the old slick routine, "oh, well you can pay that off now at lease signing if you want" - I said to them, why would I do that because if I keep the car at lease end or lease another Nissan or Infiniti vehicle when the lease is up they waive the fee since your staying with Nissan/Infiniti so if I paid it now I'd be out for sure $395 and I doubt they'd give me a $395 credit in 3 years when I either bought or leased something else from them and would simply forget that I paid the dispo fee off now!
Of course when I brought this up the salesman and GM they both just sat there and didn't know what to say because they knew what I'm saying was true and it was just a ploy to get me to put more money down; your better off to wait to pay the disposition if at lease end you decided to say f#$% Nissan/Infiniti, I hate you, your customer service, and product and I'm going somewhere else, like Toyota or Honda who don't charge disposition fees
Just wondering if anyone has the NMAC money factor/residuals for a 2010 2.5 SL for 36 and 39 month lease with 15K/year. Looking for December '09 and January '10 if possible.
Regards,
Anton
Are there any deals and or incentives going on in the east coast ? Tristate - NY area?
As far as this car's lease program goes, NMAC's current buy rate lease money factor and residual value for a 39 month lease of a 2010 Altima Coupe 2.5S with an automatic transmission and 12,000 miles per year are .00186 and 56%, respectively.
Car_man
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NMAC's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Altima Sedan 2.5 SL with 15,000 miles per year are .00130 and 58%, respectively.
The numbers for an otherwise identical 39 month lease are .00130 and 57%.
Car_man
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The residual value for a lease with only 12,000 miles per year would be 1% higher. I'm not sure if NMAC offers 10k leases, but if it does its 10k resid would likely be 2% higher than the 15k.
As far as cash incentives go, Nissan is currently providing $500 bonus cash on the '10 Altima Sedan. There's also a dealer stair-step program out there though which Nissan dealers can earn up to an additional $750 per vehicle.
Car_man
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I ended up doing some shopping a couple of weeks ago for some relatives. We got a great deal at Butler Nissan in Fishers, IN.
2.5SL with convenience, convenience plus, premium audio, splash, and side sills.
39 month, 15K with money factor and residual as you noted.
$700 total down including first month's payment with $300/month including base payment and taxes.
Anyway, virtually all cars in the $25,000 range cost this in high tax areas like NY, where you can't get zero down, ever. I don't know, maybe everyone just bites the bullet and pays these prices, but it kind of irks me when I see the commercial, and I hear zero down, and I know it's all a come on, especially when they are advertising what's supposed to be an economical car. There are experts on this site that will tell you what's a "good deal", I'm just a disillusioned reader giving an opinion.
Are the February rates available for Nissan Altimas? Money and Residual respectively
I am looking specifically for numbers for a 3.5SR altima.
Thank you!
I just got off the phone with a quote for a Nissan Altima 3.5 SR 2010. Base Model.
335.00 a month for 39 months, with 12 k miles per year.
Taxes are factored into the 335.00 payment.
Out of pocket costs are Bank fee, First month, and DMV transfer plate fee.
roughly around 1000.00.
Can somebody let me know if these numbers are a good deal ? Thanks! :shades:
Car_man
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Car_man
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Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2010 Altima 3.5 SR Sedan with 15,000 miles per year are .00130 and 57%, respectively for consumers who qualify for its top credit tier.
You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different.
Car_man
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Car_man
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Altima SR with Premium and Sport packages with Tech Package
So the offer is 358 a month with taxes in the payments, out of pocket expenses are first month, bank fee, dmv fees. those come out to be 1200's i think.
every time i run the number through the forumla found on this website, I get a high number which should be my payment so I am little confused. I am probably just doing the math wrong, unless I am not factoring in something and getting the wrong amount. Thanks Car_man
If so, then the ad is still missing a vital piece of information: The selling price of the vehicle. It's really impossible to reverse-engineer a lease quote without knowing the selling price it's based on..
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I car itself is 600 under the msrp so 29.300. is the selling price.
If you want to see how the cap cost (and money factor, etc) affects your monthly payment, go here: http://www.leaseguide.com/calc.htm (Sorry, found another Lease calculator besides the one on this site)
Do you have residual and money factor on 2010 Altima 3.5 SR Coupe for 24 months and 36 months? Is residual much worse for SR than 2.5 S Coupe?
The residual value for the 3.5 is two points lower than the resid for the 2.5.
Don't bother going with a 24 month lease of this car. Nissan pulled the plug on its support for two year leases a while ago.
The above program is scheduled to run through today, March 1st. Please feel free to check back with me in a few days for an update on what the new March program is like.
Car_man
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2010 Nissan Altima 3.5 SR with Floor Mats
MSRP: $25,415
Sale Price: $22,581
Money Factor: .00130
Residual (12k):57%
Payment: $299 plus tax
**1st Payment & Plate Fees Due at signing