The Wall: Salim’s 2012 Nissan Altima S

Published by G

Name: Salim
Location: N/A
What They Got:

2012 Nissan Altima 2.5S 20th Anniversary Edition

What It Cost:

MSRP: $25,000+ (Sticker Price)
UNIT PRICE: $22611.37 (I think that was the negotiated price)
REBATES: $1830

39 MONTHS, 12K.

MONTHLY: $236.89
MONTHLY + SALES TAX: $251.70 (6.25%)

MONEY DOWN: $500 (Includes first month payment)

My Take: Excellent deal! Nissan is really trying to move their Altimas because the new model will arrive soon. Dealers are very aggressive and there’s a good chunk of change available for those looking to lease or buy. I expect lease support to be in place until the bulk of 2012 inventory begins to dry up. Again, great job on the deal!

11 thoughts on “The Wall: Salim’s 2012 Nissan Altima S”

  1. G, quick question. At this point. What cars should I be looking at if I want an affordable lease. I am trying to get a car for my mom with minimal upfront fees and monthly payments. Something lower than this Altima deal. What cars lease good?

      • Yeah, something cheaper than the Altima. I was thinking along the lines of these vehicles: Sentra, Versa, Elantra, Accent. Not sure if there are any other cars out there that I should be looking at. Kia maybe?

        I am not looking for anything fancy, just ultra affordable with preferably no money down, and ideal payments of about $150 ballpark if it is possible. What vehicle will do good on a lease on a lower price range of $100-$150 without necessarily putting money upfront?

        • I will crunch some numbers and let you know. It maybe possible to go with a Kia, Hyundai, Nissan. I will post my findings here.

          • Thanks G, I will keep an eye out for an update!

          • This is what I have estimated so far. These are the conditions:

            36mo/10k miles – $1000 inception fees rolled into lease. Car sold at invoice.

            Hyundai Accent GLS – $235/mo plus tax. $0 due.
            Nissan Sentra SR – $222/mo plus tax. $0 due.
            Honda Civic LX – $240/mo plus tax. $0 due.
            VW Jetta S – $227/mo plus tax. $0 due.
            Honda Fit – $241/no plus tax. $0 due.

            Doesn’t look like anything really falls in the $150 range with tax. I didn’t find any Kia lease rates so couldn’t estimate those. The Versa ended up higher than the Sentra so didn’t bother putting it on the list. It looks like trying to get down into the sub-$200 range is tough with now down payment. This also tells me that the sweet-spot for leasing is typically around the $20k to $50k range. Anything above and below this range doesn’t look like a good deal.

          • Thanks for the numbers. I went pre-shopping at a Nissan dealership and they gave me a similar quote with the Sentra. The Versa does not lease well, true. I told them I wanted to be under $200. They were willing to get me some figures by tomorrow.

            Your estimates will help me in shopping for a G-reat deal!

            Thanks!

  2. G, wondering what you think of the current 370z lease special.

    2012 370Z Coupe 6MT with Splash Guards and Mats Lease
    39 Months – $329/Month – $2,999 initial payment.
    Excludes taxes, title, and license. $2,999 initial payment required at consummation. (Includes $2,670 consumer down payment, $329 first month payment.) (INCLUDES $0 cash back applied to $329 MONTH lease. Offer valid only when financed through Nissan Motor Acceptance Corporation.) Subject to residency restriction. Varies by Nissan Region.

    2012 370Z Coupe 6MT with Splash Guards and Mats Lease model 41162 subject to availability to well-qualified lessees through Nissan-Infiniti LT. $33,410 MSRP incl. destination charge. Net capitalized cost of $30,113 includes a $595 non-refundable acquisition fee. Dealer contribution may affect actual price set by dealer. Monthly payments total $12,831 At lease end, purchase for $19,044, plus purchase option fee up to $300 (except KS & WI), plus tax, or pay excess wear & use plus $0.15 per mile for mileage over 12,000 miles per year. Lessee is responsible for maintenance and repairs. A disposition fee is due at termination of lease term. No security deposit required. See participating dealer for details. Offer ends 05/31/2012.

    • There really isn’t anything that’s special about it because that’s a base model Z. There’s $2.6k in cap reduction on your end, Plus 1st payment. Plus DMV, PLUS bank fee, PLUS taxes. To be honest, that’s more like $4000 up front @ $329 per month plus tax. There are better cars to get for that kind of money.

  3. 2012 Nissan Sentra SR Special Edition… $200/month including 5.6% tax. $392 due at singing includes first months payment. 39 month lease, 15kmiles a year. Probably drop the payment by $12 or so a month if you go with 12k miles/year, and drop it even more if you go 10k miles/year.

    Also, you can get into a 2012 Honda Civic LX right now for rougly $169/month including 5.6% tax on a 36 month, 12k miles/year lease.

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