My Take: There is a $1500 cash rebate for the Altima right now, which should really help you lower your lease payments. The residual values are still fairly high and the money factor seems to have been lowered somewhat. This is not a bad month to lease the Altima 2.5 S. My calculations do not factor in the cash rebate, so you should expect even lower monthly payments for a base model Altima S. Alternatively, you can add about $1500 worth in upgrades and you should come pretty close to my estimates. Remember to stay away from the 24-month and and 48-month leases. I probably don’t need to tell you why. Also, there shouldn’t be any reason why you should be paying MSRP right now, unless of course, you like your dealer and want to see them make a some money, I am sure they will be quite grateful.
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|At Invoice||At MSRP|
|2009 Nissan Altima S||$20,890||$22,235||$429||$281||$489||$320|
NOTE: Estimates assuming the following conditions:
- Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
- Local Taxes not included.
- 24-month/15k and 36-month/15k terms.
- All cars are stock, without any options.
2009 Nissan Altima January Lease Rates
2009 Nissan Altima S
24-month | 15k miles | residual 60% | .00335 base money factor
36-month | 15k miles | residual 57% | .00158 base money factor
48-month | 15k miles | residual 43% | .00335 base money factor
Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!