2011 Nissan Lease Rates – October 2010

Published by G
gtrmain

logo_nissanUpdate: 2011 Maxima SV numbers added. There should be some cash available, but the MF stinks so it doesn’t matter too much.

My Take: Nissan rates look so-so this month. The residuals are great, but the money factors seem a bit high. Not exactly unexpected since these are 2011. I would probably recommend holding off on the 2011 for a few months and look into the 2010s for now, there should still be some 2010s available at your local dealer. If you can’t find one, you may want to try a broker.

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2011 Altima S Sedan
36-month | 15k miles | residual 56% | .00194 base money factor

2011 Sentra S
36-month | 15k miles | residual 61% | .00194 base money factor

2011 Maxima S
36-month | 15k miles | residual 58% | .00194 base money factor

2011 Maxima SV
36-month | 15k miles | residual 56% | .00194 base money factor

Lease rates provided by Number1Leasing

Nissan Incentives from Edmunds.com

4 thoughts on “2011 Nissan Lease Rates – October 2010”

  1. G,

    Got a quote from a dealer on a 2010 Maxima S.
    MSRP: $31610
    Sale Price: $26742.14
    39-Month | 12K Miles | Residual 52% | .00075 base money factor
    This comes out to $296.61/month + tax.

    It has a 96.8 deal rating, but since we’re nearing the end of the month and new lease offerings, what is the chance this will get sweeter come November?

    AJ

    • AJ, I think the S trim of the Maxima is a bit more limited in availability, so if you managed to find one, I’d get it now rather than later. The 2011s are out, so how long the 2010s stay on sale may be hard to say. I think Nov starts the “holiday season” which lasts through the first couple days of January. By the way, that’s actually a pretty good price for the car. Any deal rating over 90 is considered a good deal.

    • Most “holiday” seasons, there’s cash rebates to be had, but at lot of times, the bank will also jack up the rates, so the deals end up being a wash. I do expect some decent deals on 2011s that will go through some redesigns for the 2012 model year. 2010 right now are pretty much finish up, which is this month’s discounts have been pretty huge for a lot of cars. January is typically not a good leasing month, so if you plan to cut any deals, I would do it by the end of the holidays.

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