2015 Nissan Altima Lease Questions

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  • phlflyersphlflyers Member Posts: 4
    Could you please provide me with the 15k residual for both the SV and SL model? Thanks for the service you provide here.
  • kyfdxkyfdx Moderator Posts: 261,673
    phlflyers said:

    Could you please provide me with the 15k residual for both the SV and SL model? Thanks for the service you provide here.


    2015 2.5: .00003 MF and 54%/53% residual for SV/SL for 36 months.

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  • phlflyersphlflyers Member Posts: 4
    Looking at a 2015 sv w tech and conv. msrp is 28620. Best price I obtained so far is 22990 plus 595 bank fee giving me cap cost of 23585. Running provided numbers this puts me around 255/MO on a 36 15k lease. Anyone getting better in nj area
  • MichaellMichaell Moderator Posts: 259,609
    phlflyers said:

    Looking at a 2015 sv w tech and conv. msrp is 28620. Best price I obtained so far is 22990 plus 595 bank fee giving me cap cost of 23585. Running provided numbers this puts me around 255/MO on a 36 15k lease. Anyone getting better in nj area

    Almost $6K off MSRP seems to be a pretty healthy discount.

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  • beancounternybeancounterny Member Posts: 22
    Did a deal on 2/20/15 in NY and wanted to share the terms, let me know your thoughts:


    Altima 2.5S with Sport Value, Display Audio, Power Seat
    List: $25,510
    Discounted Price: $22,519 (w/o incentives)
    Acquisition Fee: $595 rolled into lease
    Upfront sales tax: $667.52 rolled into lease
    Incentives: $2050 rolled into lease
    Adjusted Cap Cost: $21,731
    Payment: $215.00
    Term: 36 months, 12K miles/year. Car had 8 miles on the odometer at pick-up.

    Out of pocket at lease signing:
    739.31 includes the following:
    First month - 215
    Reg (new plates in NY) - 250 ( i may get $20 back on this as i just got my permanent reg and fee said $230 or so)
    Tax on incentives - 176.81
    NY Tire Fee - 12.5
    Doc fee - 75
    Inspection - 10
  • MichaellMichaell Moderator Posts: 259,609
    phlflyers said:

    Looking at a 2015 sv w tech and conv. msrp is 28620. Best price I obtained so far is 22990 plus 595 bank fee giving me cap cost of 23585. Running provided numbers this puts me around 255/MO on a 36 15k lease. Anyone getting better in nj area

    Almost $6K off MSRP seems to be a pretty healthy discount.

    Did a deal on 2/20/15 in NY and wanted to share the terms, let me know your thoughts:


    Altima 2.5S with Sport Value, Display Audio, Power Seat
    List: $25,510
    Discounted Price: $22,519 (w/o incentives)
    Acquisition Fee: $595 rolled into lease
    Upfront sales tax: $667.52 rolled into lease
    Incentives: $2050 rolled into lease
    Adjusted Cap Cost: $21,731
    Payment: $215.00
    Term: 36 months, 12K miles/year. Car had 8 miles on the odometer at pick-up.

    Out of pocket at lease signing:
    739.31 includes the following:
    First month - 215
    Reg (new plates in NY) - 250 ( i may get $20 back on this as i just got my permanent reg and fee said $230 or so)
    Tax on incentives - 176.81
    NY Tire Fee - 12.5
    Doc fee - 75
    Inspection - 10

    $215/mo for a car that stickers at $25k is a pretty good deal. Enjoy the new Nissan!

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  • beancounternybeancounterny Member Posts: 22
    Thanks Michaell, all competitors quoted between 245 and 255 for same car/terms, not sure how they got down so low but a happy customer here.

    Thanks for the mf/residuals too!
  • phlflyersphlflyers Member Posts: 4
    Michaell is the any difference in residual when you step up from sv to SL model?
  • MichaellMichaell Moderator Posts: 259,609
    phlflyers said:

    Michaell is the any difference in residual when you step up from sv to SL model?

    No

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  • itzzsanjayitzzsanjay Member Posts: 61
    Could I please have the MF and Residual on the 3.5 SL / SV Altima with 15k/yr 36 mo in Florida?
  • MichaellMichaell Moderator Posts: 259,609

    Could I please have the MF and Residual on the 3.5 SL / SV Altima with 15k/yr 36 mo in Florida?

    .00003 and 53% for SV 36/15. Add 1% for SL.

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  • octoberdanaoctoberdana Member Posts: 7
    Looking at leasing a 2015 Nissan Altima S pearl white with a display audio package and a power seat in the mid-west. So far the best deal I've gotten quoted is
    Sticker Price $24,740
    Capitalized Cost $21,746
    Acquistion Fee $595
    Doc Fee $199

    $650 down with 35 payments remaining

    $235 a month including 7% state sales tax.
    This includes a $1,550 lease incentive so I don't feel like it is much of a discount though it is slightly lower than invoice.
    Should I try and negotiate anymore or is this a good deal?
  • MichaellMichaell Moderator Posts: 259,609
    Looking at leasing a 2015 Nissan Altima S pearl white with a display audio package and a power seat in the mid-west. So far the best deal I've gotten quoted is Sticker Price $24,740 Capitalized Cost $21,746 Acquistion Fee $595 Doc Fee $199 $650 down with 35 payments remaining $235 a month including 7% state sales tax. This includes a $1,550 lease incentive so I don't feel like it is much of a discount though it is slightly lower than invoice. Should I try and negotiate anymore or is this a good deal?
    How many miles per year is this for?

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  • octoberdanaoctoberdana Member Posts: 7
    Michaell said:



    Looking at leasing a 2015 Nissan Altima S pearl white with a display audio package and a power seat in the mid-west. So far the best deal I've gotten quoted is
    Sticker Price $24,740
    Capitalized Cost $21,746
    Acquistion Fee $595
    Doc Fee $199

    $650 down with 35 payments remaining

    $235 a month including 7% state sales tax.
    This includes a $1,550 lease incentive so I don't feel like it is much of a discount though it is slightly lower than invoice.
    Should I try and negotiate anymore or is this a good deal?

    How many miles per year is this for?

    It's a 12,000 miles per year 36 month lease.
  • MichaellMichaell Moderator Posts: 259,609
    Looking at leasing a 2015 Nissan Altima S pearl white with a display audio package and a power seat in the mid-west. So far the best deal I've gotten quoted is Sticker Price $24,740 Capitalized Cost $21,746 Acquistion Fee $595 Doc Fee $199 $650 down with 35 payments remaining $235 a month including 7% state sales tax. This includes a $1,550 lease incentive so I don't feel like it is much of a discount though it is slightly lower than invoice. Should I try and negotiate anymore or is this a good deal?
    How many miles per year is this for?
    It's a 12,000 miles per year 36 month lease.
    .00003 and 55%. I get a pre-tax payment of $227.14 with your numbers. If your payment of $235 includes tax then the deal looks pretty strong. 

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  • octoberdanaoctoberdana Member Posts: 7
    Okay thank you. Do the leases ever tend to go lower? With my negative equity in my trade, it's a little tight on my monthly payment and wondering if waiting for summer or for the 2016's to come out would net me better luck.
  • MichaellMichaell Moderator Posts: 259,609

    Okay thank you. Do the leases ever tend to go lower? With my negative equity in my trade, it's a little tight on my monthly payment and wondering if waiting for summer or for the 2016's to come out would net me better luck.

    Well, it's hard to go much lower than .00003 on the MF - that equates to an APR of .07%. And, as the year goes on, the residual tends to go down, which hurts your lease payment.

    If you can wait for the 2016's, they might have a slightly higher residual - but, they may also have a higher MF to compensate.

    If you are looking for a killer lease, you might consider the Toyota Prius. MF is .00001 and with the price of fuel so low, they aren't terribly popular, meaning large discounts from sticker are possible.

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  • octoberdanaoctoberdana Member Posts: 7
    I had a really bad experience with Toyota so was trying to avoid them as i won't do business with the only dealer close to me. Maybe I can find one close with a kille rdeal thanks.
  • stickguystickguy Member Posts: 52,947
    Considering an Altima now. So, what are lease factors in NJ?

    S or SV. 36/36000.

    Looks like mucho bonus cash floating around too.

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  • MichaellMichaell Moderator Posts: 259,609
    stickguy said:

    Considering an Altima now. So, what are lease factors in NJ?

    S or SV. 36/36000.

    Looks like mucho bonus cash floating around too.

    .00003 and 54%. $1075 lease cash, $1000 customer cash and $500 holiday cash good through 6/1.

    $600 college grad cash, but you aren't quite there yet :smile:

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  • pk20pk20 Member Posts: 8
    I'm at a dilemma, I live in northern NJ and I'm currently leasing a 2013 Honda Civic that I got when I started college and had no real income and the lease is going to be up in 02/2016. The lease is for 36 months at 12k/year but I already have a little over 35,000 miles on the car with about 9 months left on the lease. I will be graduating soon and I also have more income now and was looking into getting an Altima lease as I see Nissan has some good offers but my question is should I wait until my lease is up or should I try to get into a new Altima lease now with an early turn in? What would be the cheapest option for me? Thanks!
  • MichaellMichaell Moderator Posts: 259,609
    pk20 said:

    I'm at a dilemma, I live in northern NJ and I'm currently leasing a 2013 Honda Civic that I got when I started college and had no real income and the lease is going to be up in 02/2016. The lease is for 36 months at 12k/year but I already have a little over 35,000 miles on the car with about 9 months left on the lease. I will be graduating soon and I also have more income now and was looking into getting an Altima lease as I see Nissan has some good offers but my question is should I wait until my lease is up or should I try to get into a new Altima lease now with an early turn in? What would be the cheapest option for me? Thanks!

    Answered your question in the other discussion you posted in.

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  • stickguystickguy Member Posts: 52,947
    If she was graduating, I wouldn't be footing the bill!

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  • RJPhxRJPhx Member Posts: 3
    edited June 2015
    Could I please have the MF and Residual on the Altima S with 15k/yr 36 mo and 12k/yr 36 mo in Arizona? Thanks!
  • pollie00pollie00 Member Posts: 57
    Could I get the MF and RV for Altima SV 2.5 and SL 2.5 with a 12k/36 mo in Iowa? Any lease cash? A have a dealer saying the SL has better lease cash than a SV. Thanks!
  • kyfdxkyfdx Moderator Posts: 261,673
    Sorry, but we didn't get the Nissan numbers for June

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  • wheels29wheels29 Member Posts: 34
    What do I tell a Nissan dealer who won't give me lease numbers without first pulling my credit report? I am in Boise, Idaho. I am interested in the Nissan Versa Note. I already know my credit score is over 800. This is absurd. Why should I have my credit report pulled if I am not sure I want to buy the car til I see the numbers of the lease. I am quite capable of doing my own lease calculations, but again they won't work with me. The salesman said doing the lease numbers is their job, not mine (or something to that effect). Perhaps I can get the numbers from you????
  • MichaellMichaell Moderator Posts: 259,609
    wheels29 said:

    What do I tell a Nissan dealer who won't give me lease numbers without first pulling my credit report? I am in Boise, Idaho. I am interested in the Nissan Versa Note. I already know my credit score is over 800. This is absurd. Why should I have my credit report pulled if I am not sure I want to buy the car til I see the numbers of the lease. I am quite capable of doing my own lease calculations, but again they won't work with me. The salesman said doing the lease numbers is their job, not mine (or something to that effect). Perhaps I can get the numbers from you????

    Find a different dealer; this one doesn't seem to be very forthcoming ...

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  • kyfdxkyfdx Moderator Posts: 261,673
    wheels29 said:

    What do I tell a Nissan dealer who won't give me lease numbers without first pulling my credit report? I am in Boise, Idaho. I am interested in the Nissan Versa Note. I already know my credit score is over 800. This is absurd. Why should I have my credit report pulled if I am not sure I want to buy the car til I see the numbers of the lease. I am quite capable of doing my own lease calculations, but again they won't work with me. The salesman said doing the lease numbers is their job, not mine (or something to that effect). Perhaps I can get the numbers from you????

    Yes, you can... what model, term and mileage?

    (I'd still find another dealer)

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  • wheels29wheels29 Member Posts: 34
    Hi I am interested in the Nissan Versa Note hatchback for 36 months and mileage of 10K, or the lowest available. The dealer, Dennis Dillon of Boise, Idaho, has since changed it's mind, so to speak, and given lease numbers for me to examine. (money factor .0003 and residual .54%, plus the sale price of the car). To refresh your memory I was told yesterday that this (coming up with a lease payment) was the job of the people in the office, and if I wanted to see the numbers or get a lease quote I would have to submit to a credit pull.
  • MichaellMichaell Moderator Posts: 259,609
    wheels29 said:

    Hi I am interested in the Nissan Versa Note hatchback for 36 months and mileage of 10K, or the lowest available. The dealer, Dennis Dillon of Boise, Idaho, has since changed it's mind, so to speak, and given lease numbers for me to examine. (money factor .0003 and residual .54%, plus the sale price of the car). To refresh your memory I was told yesterday that this (coming up with a lease payment) was the job of the people in the office, and if I wanted to see the numbers or get a lease quote I would have to submit to a credit pull.

    MF is indeed .00003 (4 zeros), and the 36/10 residual is 55% for all but the SL, which is 56%.

    If you can provide us with the sticker price and the negotiated price, we can model a payment for you.

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  • Nasir KhalidNasir Khalid Member Posts: 11
    What are your thoughts on this deal.

    2015 Nissan Altima 2.5s
    MSRP 24,650
    Miles: 12,000
    Term: 36 Months

    180/month, $1000 down (To cover Taxes and DMV)
    2014 Nissan Maxima
    2015 Nissan Altima
  • MichaellMichaell Moderator Posts: 259,609
    nas1r said:
    What are your thoughts on this deal. 2015 Nissan Altima 2.5s MSRP 24,650 Miles: 12,000 Term: 36 Months 180/month, $1000 down (To cover Taxes and DMV)
    On the surface, it looks pretty amazing. What was the selling price?

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  • Nasir KhalidNasir Khalid Member Posts: 11
    Michaell said:
    nas1r said:
    What are your thoughts on this deal. 2015 Nissan Altima 2.5s MSRP 24,650 Miles: 12,000 Term: 36 Months 180/month, $1000 down (To cover Taxes and DMV)
    On the surface, it looks pretty amazing. What was the selling price?
    I'll get that to you Monday. 

    We bought 3 in one go and have now leased 8 cars thru this dealer (Large Extended Family) so must have helped. 

    Just wanted to get reassurance before we officially sign and take delivery.

    Thanks!
    2014 Nissan Maxima
    2015 Nissan Altima
  • norbie651norbie651 Member Posts: 17
    Can I get lease numbers for 2015 Altima 2.5SV with convenience and tech. In Los Angeles. 
  • MichaellMichaell Moderator Posts: 259,609
    edited June 2015
    norbie651 said:

    Can I get lease numbers for 2015 Altima 2.5SV with convenience and tech. In Los Angeles. 

    .00003 and 53% for 36/15

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  • rkivowitzrkivowitz Member Posts: 13
    Can I please get the July 2015 lease numbers for a 2015 Altima 2.5 SL w/ Moonroof with 12k/year? Thanks in advance!
  • MichaellMichaell Moderator Posts: 259,609
    rkivowitz said:

    Can I please get the July 2015 lease numbers for a 2015 Altima 2.5 SL w/ Moonroof with 12k/year? Thanks in advance!

    No July numbers yet.

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  • rkivowitzrkivowitz Member Posts: 13
    Michaell said:

    rkivowitz said:

    Can I please get the July 2015 lease numbers for a 2015 Altima 2.5 SL w/ Moonroof with 12k/year? Thanks in advance!

    No July numbers yet.
    I'm assuming the numbers are out now. Any chance you could post them? Thanks!
  • wheels29wheels29 Member Posts: 34
    This is pertaining to my last inquiry where I asked for the MF and residual for the Altima S in Idaho. (.00003 and .55% is what you reported to me). You told me to get you the MSRP so you could look at the deal. Here are the numbers the leasing manager gave me via email. I asked him what was included in the cash down, and he said "first month's payment, and tax".

    MSRP $23,595

    Sale Price $20,095

    Minus $1,500 Lease cash combined with $500 Holiday Bonus Cash

    With $334.73 cash down, at 36 months you are $189.37 plus tax for a 12,000 mile a year lease. O.A.C.
  • MichaellMichaell Moderator Posts: 259,609
    wheels29 said:
    This is pertaining to my last inquiry where I asked for the MF and residual for the Altima S in Idaho. (.00003 and .55% is what you reported to me). You told me to get you the MSRP so you could look at the deal. Here are the numbers the leasing manager gave me via email. I asked him what was included in the cash down, and he said "first month's payment, and tax". MSRP $23,595 Sale Price $20,095 Minus $1,500 Lease cash combined with $500 Holiday Bonus Cash With $334.73 cash down, at 36 months you are $189.37 plus tax for a 12,000 mile a year lease. O.A.C.
    Residual dropped to 54% in July. 

    I get 150/mo with those numbers. Ask them what the net cap cost is - there might be some fees added in there. 

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  • wheels29wheels29 Member Posts: 34
    I was able to get some additional information.

    $23,595 msrp,

    $20,095 sale price

    $21,288 net cap

    -$2000 in additional rebates

    $19,288 adjusted net cap

    .53% residual

    .00003 money factor.

    12K 36 mos

    $189 month with $335 down.

    There is $1193 in fees that aren't being accounted for ($21,288 net cap - $20,095 sale price=$1193).

    I would assume $600 for lease acquisition, and $300 dealer doc... but that still leases about $300 unaccounted for.




  • MichaellMichaell Moderator Posts: 259,609
    wheels29 said:
    I was able to get some additional information. $23,595 msrp, $20,095 sale price $21,288 net cap -$2000 in additional rebates $19,288 adjusted net cap .53% residual .00003 money factor. 12K 36 mos $189 month with $335 down. There is $1193 in fees that aren't being accounted for ($21,288 net cap - $20,095 sale price=$1193). I would assume $600 for lease acquisition, and $300 dealer doc... but that still leases about $300 unaccounted for.
     Now I get $183 before tax.  Closer to your dealer Quote 

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  • rkivowitzrkivowitz Member Posts: 13
    How does this lease offer stack up:

    New Jersey based lease

    2015 Altima 2.5 SL w/ Technology and Moonroof packages, splash guards, carpeted floor mats, and body side moldings

    MSRP: $31,470
    Sale Price: $25,024
    MF: .00003
    Res: 53% ($16,679)

    Payment: $263.65 with tax for 36 months (12,000 miles per year)
    Total Due at Signing: $1734.50 (including first month, bank fee, documentation fee, title, registration, plates, NJ Tire fee)

    Let me know. Thanks!
  • MichaellMichaell Moderator Posts: 259,609
    rkivowitz said:

    How does this lease offer stack up:

    New Jersey based lease

    2015 Altima 2.5 SL w/ Technology and Moonroof packages, splash guards, carpeted floor mats, and body side moldings

    MSRP: $31,470
    Sale Price: $25,024
    MF: .00003
    Res: 53% ($16,679)

    Payment: $263.65 with tax for 36 months (12,000 miles per year)
    Total Due at Signing: $1734.50 (including first month, bank fee, documentation fee, title, registration, plates, NJ Tire fee)

    Let me know. Thanks!

    With your numbers, I get a pre-tax payment of $233.05/mo

    Find out what the net cap cost is; if it's higher than the sale price, ask the dealer to explain what they added in.

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  • rkivowitzrkivowitz Member Posts: 13
    edited July 2015
    Michaell said:

    rkivowitz said:

    How does this lease offer stack up:

    New Jersey based lease

    2015 Altima 2.5 SL w/ Technology and Moonroof packages, splash guards, carpeted floor mats, and body side moldings

    MSRP: $31,470
    Sale Price: $25,024
    MF: .00003
    Res: 53% ($16,679)

    Payment: $263.65 with tax for 36 months (12,000 miles per year)
    Total Due at Signing: $1734.50 (including first month, bank fee, documentation fee, title, registration, plates, NJ Tire fee)

    Let me know. Thanks!

    With your numbers, I get a pre-tax payment of $233.05/mo

    Find out what the net cap cost is; if it's higher than the sale price, ask the dealer to explain what they added in.
    The net cap is $26,124 which leaves an $1100 difference which should be the tax, no?
  • MichaellMichaell Moderator Posts: 259,609
    rkivowitz said:

    Michaell said:

    rkivowitz said:

    How does this lease offer stack up:

    New Jersey based lease

    2015 Altima 2.5 SL w/ Technology and Moonroof packages, splash guards, carpeted floor mats, and body side moldings

    MSRP: $31,470
    Sale Price: $25,024
    MF: .00003
    Res: 53% ($16,679)

    Payment: $263.65 with tax for 36 months (12,000 miles per year)
    Total Due at Signing: $1734.50 (including first month, bank fee, documentation fee, title, registration, plates, NJ Tire fee)

    Let me know. Thanks!

    With your numbers, I get a pre-tax payment of $233.05/mo

    Find out what the net cap cost is; if it's higher than the sale price, ask the dealer to explain what they added in.
    The net cap is $26,124 which leaves an $1100 difference which should be the tax, no?
    Yes, NJ collects the sales tax for the lease up front; if it was added into the cap cost, that would account for the difference.

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  • rkivowitzrkivowitz Member Posts: 13
    Michaell said:

    rkivowitz said:

    Michaell said:

    rkivowitz said:

    How does this lease offer stack up:

    New Jersey based lease

    2015 Altima 2.5 SL w/ Technology and Moonroof packages, splash guards, carpeted floor mats, and body side moldings

    MSRP: $31,470
    Sale Price: $25,024
    MF: .00003
    Res: 53% ($16,679)

    Payment: $263.65 with tax for 36 months (12,000 miles per year)
    Total Due at Signing: $1734.50 (including first month, bank fee, documentation fee, title, registration, plates, NJ Tire fee)

    Let me know. Thanks!

    With your numbers, I get a pre-tax payment of $233.05/mo

    Find out what the net cap cost is; if it's higher than the sale price, ask the dealer to explain what they added in.
    The net cap is $26,124 which leaves an $1100 difference which should be the tax, no?
    Yes, NJ collects the sales tax for the lease up front; if it was added into the cap cost, that would account for the difference.
    Yeah, I'd rather pay for the tax over the length of the lease, it's better IMO. So with the $263/month (including tax) and the $1735 due at signing...good deal?
  • MichaellMichaell Moderator Posts: 259,609
    rkivowitz said:

    Michaell said:

    rkivowitz said:

    Michaell said:

    rkivowitz said:

    How does this lease offer stack up:

    New Jersey based lease

    2015 Altima 2.5 SL w/ Technology and Moonroof packages, splash guards, carpeted floor mats, and body side moldings

    MSRP: $31,470
    Sale Price: $25,024
    MF: .00003
    Res: 53% ($16,679)

    Payment: $263.65 with tax for 36 months (12,000 miles per year)
    Total Due at Signing: $1734.50 (including first month, bank fee, documentation fee, title, registration, plates, NJ Tire fee)

    Let me know. Thanks!

    With your numbers, I get a pre-tax payment of $233.05/mo

    Find out what the net cap cost is; if it's higher than the sale price, ask the dealer to explain what they added in.
    The net cap is $26,124 which leaves an $1100 difference which should be the tax, no?
    Yes, NJ collects the sales tax for the lease up front; if it was added into the cap cost, that would account for the difference.
    Yeah, I'd rather pay for the tax over the length of the lease, it's better IMO. So with the $263/month (including tax) and the $1735 due at signing...good deal?
    Looks that way ... get the full breakdown of the $1735

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • bazzzingabazzzinga Member Posts: 1
    Could anyone please provide the lease figures for Nissan Altima SV w/ Convenience & Tech Packages for the state of Georgia? (36 Month lease w/ 12k miles per year)
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