2011-12 Nissan Lease Rates – September 2011

Published 2011/09/16 by G

Residuals dropped across the board on all 2011 models and some 2012 models. Money factors dropped to keep payments lower. Basically your standard MF adjustment to compensate for lost value. Nissans lease pretty well in general, so check them out. I anticipate the Maxima and the Altima to be solid leases this month. If you are looking for the Z, don’t bother. They rarely (if ever) have anyease support. Same goes for the GT-R.

Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2011 NISSAN MAXIMA S
MSRP – $32,510
Sale Price – $28,041 ($3000 rebate not applied)
Monthly – $310+ tax
RWG Rating – 100.0

For Dealer Quotes, Click Here.

2011 NISSAN MAXIMA S
36 Month – Residual 54% of MSRP – .00042 Base Rate

2011 NISSAN CUBE 5DR WAGON S CVT
36 Month – Residual 47% of MSRP – .00230 Base Rate

2011 NISSAN JUKE 2WD S AT
36 Month – Residual 44% of MSRP – .00230 Base Rate

2011 NISSAN MURANO AWD S
36 Month – Residual 49% of MSRP – .00005 Base Rate

2011 NISSAN ROGUE AWD S
36 Month – Residual 55% of MSRP – .00122 Base Rate

2012 NISSAN ALTIMA SEDAN S CVT
36 Month – Residual 58% of MSRP – .00047 Base Rate

2012 NISSAN ALTIMA COUPE S CVT
36 Month – Residual 58% of MSRP – .00141 Base Rate

2012 NISSAN LEAF 5DR HATCHBACK SV
36 Month – Residual 45% of MSRP – .00195 Base Rate

2012 NISSAN SENTRA 2.0SR CVT
36 Month – Residual 63% of MSRP – .00181 Base Rate

2012 NISSAN VERSA 4DR SEDAN S AT
36 Month – Residual 58% of MSRP – .00230 Base Rate

2011-12 Nissan Lease Rates – August 2011

Published 2011/08/05 by G

Not a lot of unexpected changes here. You got the usual drop in residual value and the subsequent drop in MF to compensate. I would recommend looking at the Maxima this month. Nissan is providing big discounts on this vehicle. Edmunds indicates a $3000 cash rebate on the car. But chances are, this rebate will not qualify for a lease since it cannot be combined with special financing (but I still recommend asking for it to see if you can get it). Because of this, the only other alternative to tap into this cash is to use an non-captive bank to finance your lease. Your bank would buy the car out and then lease it to you. be sure to double check their lease rates to see if it makes sense.

Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2011 NISSAN MAXIMA S
MSRP – $32,510
Sale Price – $28,439
Monthly – $320+ tax
RWG Rating – 97.7

For Dealer Quotes, Click Here.

2011 NISSAN MAXIMA S
36 month | 15k miles | residual 56% | .00077 base money factor

2012 NISSAN ALTIMA SEDAN S CVT
36 month | 15k miles | residual 60% | .00081 base money factor

2012 NISSAN ALTIMA COUPE S CVT
36 month | 15k miles | residual 58% | .00141 base money factor

2011 NISSAN CUBE 5DR WAGON S CVT
36 month | 15k miles | residual 52% | .00230 base money factor

2011 NISSAN JUKE 2WD S AT
36 month | 15k miles | residual 46% | .00230 base money factor

2011 NISSAN LEAF 5DR HATCHBACK SV
36 month | 15k miles | residual 45% | .00204 base money factor

2011 NISSAN MURANO AWD S
36 month | 15k miles | residual 51% | .00041 base money factor

2011 NISSAN ROGUE AWD S
36 month | 15k miles | residual 57% | .00154 base money factor

2012 NISSAN SENTRA 2.0SR CVT
36 month | 15k miles | residual 63% | .00181 base money factor

2011 NISSAN VERSA 5DR HB S AT
36 month | 15k miles | residual 49% | .00075 base money factor

2011-12 Nissan Lease Rates – July 2011

Published 2011/07/07 by G

2012 model seem to have some lease support this month. That means high residuals and reasonably low money factors. Special thanks to Kevin L for providing a list of rates for Nissan cars. The good news is that the list has numbers for all six lease terms, rates for their SignatureOne lease program PLUS minimum credit requirements for each credit tier. The bad news is that the list missing numbers for the 370Z and the GT-R and it has no information on any available rebates. You can see this list on my Facebook page.

Below, you will find few of the numbers from Kevin’s list. Please note that 39-month terms suffer a 1% drop in residual, but the money factor remains the same. I am really like the numbers for the Maxima, Altima and SPECIALLY the Sentra SE-R Spec V right now.

Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

June Calculation
2011 NISSAN MAXIMA SV Premium
MSRP – $38,510
Sale Price – $33,622
Monthly – $358+ tax
RWG Rating – 102.0

For Dealer Quotes, Click Here.

2011 NISSAN MAXIMA SV Premium
36 month | 15k miles | residual 55% | .00022 base money factor

2012 NISSAN ALTIMA SEDAN 3.5SR
36 month | 15k miles | residual 60% | .00081 base money factor

2012 NISSAN ALTIMA COUPE 3.5SR
36 month | 15k miles | residual 56% | .00194 base money factor

2011 NISSAN MURANO LE
36 month | 15k miles | residual 46% | .00041 base money factor

2011 NISSAN PATHFINDER LE 4×4
36 month | 15k miles | residual 44% | .00003 base money factor

2011 NISSAN ROGUE Krom AWD
36 month | 15k miles | residual 57% | .00154 base money factor

2011 NISSAN SENTRA SE-R Spec V
36 month | 15k miles | residual 57% | .00003 base money factor

2011 NISSAN TITAN SV KC 4×4
36 month | 15k miles | residual 39% | .00049 base money factor

2011 NISSAN VERSA 1.8 SL HB
36 month | 15k miles | residual 52% | .00003 base money factor

2011 NISSAN XTERRA S 4×4 AT
36 month | 15k miles | residual 51% | .00078 base money factor

2011 Nissan Lease Rates – June 2011

Published 2011/06/092011/06/09 by G

With the exception of the Altima, most other Nissan models got a nice drop in money factor. Residuals remain steady (same as last month). I think sale prices have probably inched up a bit, but the drop in money factor should help keep payments reasonable. As for the Altima, it looks like sale prices dropped a tiny bit, but the bump in MF bumped the payments a few bucks north. Overall, I was expecting higher increases than what I am currently seen. By no means is this going to stay the same through out the month. Dealers can (and sometimes will) adjust sale prices mid-month to compensate for any changes in delivery and/or market trends.

Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

May Calculation
2011 NISSAN ALTIMA SEDAN S CVT
MSRP – $23,190
Sale Price – $20,588 ($1250 rebate not applied)
Monthly – $216+ tax
RWG Rating – 101.7

June Calculation
2011 NISSAN ALTIMA SEDAN S CVT
MSRP – $23,190
Sale Price – $20,438 ($1250 rebate not applied)
Monthly – $219+ tax
RWG Rating – 100.8

For Dealer Quotes, Click Here.

2011 NISSAN MAXIMA S
36 month | 15k miles | residual 59% | .00128 base money factor

2011 NISSAN ALTIMA SEDAN S CVT
36 month | 15k miles | residual 57% | .00055 base money factor

2011 NISSAN ALTIMA COUPE S CVT
36 month | 15k miles | residual 54% | .00078 base money factor

2011 NISSAN CUBE 5DR WAGON S CVT
36 month | 15k miles | residual 52% | .00230 base money factor

2011 NISSAN JUKE 2WD S AT
36 month | 15k miles | residual 50% | .00230 base money factor

2011 NISSAN LEAF 5DR HATCHBACK SV
36 month | 15k miles | residual 45% | .00204 base money factor

2011 NISSAN MURANO AWD S
36 month | 15k miles | residual 55% | .00111 base money factor

2011 NISSAN ROGUE AWD S
36 month | 15k miles | residual 56% | .00185 base money factor

2011 NISSAN SENTRA 2.0SR CVT
36 month | 15k miles | residual 59% | .00083 base money factor

2011 NISSAN VERSA 5DR HB S AT
36 month | 15k miles | residual 54% | .00064 base money factor

2011 Nissan Lease Rates – May 2011

Published 2011/05/112011/05/11 by G

Surprisingly, Nissan leases are looking much better than I expected. There is the usual drop in residual value which is expected about every other month, but the MF has dropped enough to compensate for the lost in value. Factor in the relatively good sale prices and you get “better-than-expected” leases for the month of May.

Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2011 NISSAN ALTIMA SEDAN S CVT
MSRP – $23,190
Sale Price – $20,588 ($1250 rebate not applied)
Monthly – $216+ tax
RWG Rating – 101.7

For Dealer Quotes, Click Here.

2011 NISSAN MAXIMA S
36 month | 15k miles | residual 59% | .00136 base money factor

2011 NISSAN ALTIMA SEDAN S CVT
36 month | 15k miles | residual 57% | .00034 base money factor

2011 NISSAN ALTIMA COUPE S CVT
36 month | 15k miles | residual 54% | .00078 base money factor

2011 NISSAN CUBE 5DR WAGON S CVT
36 month | 15k miles | residual 52% | .00230 base money factor

2011 NISSAN JUKE 2WD S AT
36 month | 15k miles | residual 50% | .00230 base money factor

2011 NISSAN LEAF 4DR HATCHBACK SV
36 month | 15k miles | residual 45% | .00204 base money factor

2011 NISSAN MURANO AWD S
36 month | 15k miles | residual 55% | .00161 base money factor

2011 NISSAN ROGUE AWD S
36 month | 15k miles | residual 58% | .00194 base money factor

2011 NISSAN SENTRA 2.0SR CVT
36 month | 15k miles | residual 59% | .00103 base money factor

2011 NISSAN VERSA 5DR HB S AT
36 month | 15k miles | residual 54% | .00075 base money factor

2011 Nissan Lease Rates – April 2011

Published 2011/04/112011/04/15 by G

Nissan lease rates got a little bit worse than last month. The residual stayed similar to March, but the money factors went up a bit. This probably has something to do with Japan’s earthquare/tsunami/nuclear disaster. There’s also a markup of about $550 to the MSRP, so if you are looking for a Nissan right now, expect to pay slightly more than last month.

About rebates…If you see a cash rebate that cannot be combined with special financing, it probably means that it will not apply to leases either. Please speak to your dealer to confirm.

On a separate note, Just to be clear, the photos of cars I post do not represent the lease rates I obtain. I got a complaint last month as to why I have a picture of a GTR and do not have lease rates for them. If you don’t see them posted, you probably should contact your local dealer.

Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2011 NISSAN ALTIMA SEDAN S CVT
MSRP – $23,190
Sale Price – $20,788 ($1250 rebate not applied)
Monthly – $241+ tax
RWG Rating – 94.0

For Dealer Quotes, CLICK HERE.

2011 NISSAN MAXIMA S
36 month | 15k miles | residual 60% | .00192 base money factor

2011 NISSAN ALTIMA SEDAN S CVT
36 month | 15k miles | residual 58% | .00109 base money factor

2011 NISSAN ALTIMA COUPE S CVT
36 month | 15k miles | residual 56% | .00166 base money factor

2011 NISSAN CUBE 5DR WAGON S CVT
36 month | 15k miles | residual 54% | .00230 base money factor

2011 NISSAN JUKE 2WD S AT
36 month | 15k miles | residual 54% | .00230 base money factor

2011 NISSAN LEAF 4DR HATCHBACK SV
36 month | 15k miles | residual 45% | .00204 base money factor

2011 NISSAN MURANO AWD S
36 month | 15k miles | residual 56% | .00178 base money factor

2011 NISSAN ROGUE AWD S
36 month | 15k miles | residual 62% | .00230 base money factor

2011 NISSAN SENTRA 2.0SR CVT
36 month | 15k miles | residual 60% | .00120 base money factor

2011 NISSAN VERSA 5DR HB S AT
36 month | 15k miles | residual 55% | .00092 base money factor

2011 Nissan Lease Rates – March 2011

Published 2011/03/08 by G

I think Nissan are looking like great buys this month since there is a good chunk of cash rebates available. As far as leasing, they are slightly worse than last month due to lower residuals, but dealers could still be discounting quite a bit off the MSRP to make the deals better, so I wouldn’t be too discouraged. There were reports over at Edmund’s leasing forums regarding folks getting $4000 in rebates for the Maxima. I don’t quite know how that happened, but can’t see how that can happen this month. Of course, I would love it if someone proved me wrong.

Despite my skepticism, I do think the Maxima is still a good lease this month. The Altima numbers also look great, even without the $1250 rebate. The Sentra and the Versa should still remain excellent leases right now.

Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2011 NISSAN ALTIMA SEDAN S CVT
MSRP – $20,670
Sale Price – $18,348 ($1250 rebate not applied)
Monthly – $208+ tax
RWG Rating – 96.3

For Dealer Quotes, Click Here.

2011 NISSAN MAXIMA S
36 month | 15k miles | residual 59% | .00188 base money factor

2011 NISSAN ALTIMA SEDAN S CVT
36 month | 15k miles | residual 58% | .00103 base money factor

2011 NISSAN ALTIMA COUPE S CVT
36 month | 15k miles | residual 56% | .00164 base money factor

2011 NISSAN CUBE 5DR WAGON S CVT
36 month | 15k miles | residual 54% | .00230 base money factor

2011 NISSAN JUKE 2WD S AT
36 month | 15k miles | residual 54% | .00230 base money factor

2011 NISSAN LEAF 4DR HATCHBACK SV
36 month | 15k miles | residual 45% | .00204 base money factor

2011 NISSAN MURANO AWD S
36 month | 15k miles | residual 55% | .00178 base money factor

2011 NISSAN ROGUE AWD S
36 month | 15k miles | residual 63% | .00203 base money factor

2011 NISSAN SENTRA 2.0SR CVT
36 month | 15k miles | residual 60% | .00001 base money factor

2011 NISSAN VERSA 5DR HB S AT
36 month | 15k miles | residual 55% | .00023 base money factor

Monthly Round-Up : February 2011

Published 2011/02/232011/02/23 by G

Lease rates didn’t change much from last month, but sale prices dropped for most vehicles, which makes February a slightly better month than January. The were a few exceptions, such as in Honda’s case. Honda sales prices in the Southern California region seems to have gone up a bit, making the leases slightly more costly than back in December and January. You will see in the chart that certain Honda’s RWG rating have dropped slightly, but overall, still a very good lease compared to other brands and models.

I have been suggested to perhaps breakdown the Round-Up by class, which I think is a good idea. I will try to spend some time next month reorganize the list and rank the leases by class. In the mean time, enjoy February’s Round-Up!

For Dealer Quotes, Click Here.

Ground Rules

Participating vehicles will be based on the lease rates gathered on this website during the corresponding month.
36-month/15k lease terms will used for all calculations unless a better term is available.
A $1500 drive-off fee is assumed for all cars. Since fees and taxes vary from region to region, your drive-off may vary.
Sale Price estimates will be based on Truecar.com sales data in the Southern California region, so your numbers may vary.
All estimates assume you qualify for the base rate. A minimum FICO® Score of 700 may be required.
Sales taxes are not included since different states handle taxes differently. Please refer to “Understanding Sales Tax” to learn how taxes affect your monthly payments.
The rating system used is based on RIDE with G’s Lease Calculator. The closer you are to the 100 rating, the better the deal. Anything exceeding a 100 rating is phenomenal.

Top Ten Finalists

click to view chart

First – 2011 Nissan Sentra SR (116.1)

Seems like the Civic and the Sentra have been trading places these last few months, so no surprise here. The Sentra is a better deal as a purchase right now since there are some rebates that aren’t available to leases.

Second – 2011 Mazda3s Hatchback (114.5)

Sometimes I wish I could get my hands on Mazda numbers more consistently. If I did, we would see a 3-way competition between Mazda, Nissan and Honda to see which dominates the Monthly Round-Up.

Third – 2011 Honda Civic LX Sedan (114.4)

Numbers took a dive this month because sale prices have gone up. Further proof that you can’t just rely on residual and money factors alone.

Fourth – 2011 Nissan Altima S Sedan (104.1)

Since the Accord isn’t looking as good this month due to a higher sale price, the Altima makes for a good substitute.

Fifth – 2011 Infiniti G37 Sport Coupe (103.2)

If you are shopping for luxury sport coupes and don’t want to spend much money, this is your ride.

Sixth – 2011 Infiniti G37 Sport Sedan (103.0)

Do you see a pattern? This is the most bang for the buck when it comes to luxury sport sedans.

Seventh – 2011 Honda Accord CrossTour EX (101.4)

Car is getting discounted quite a bit this month. Surprising for a 2011 model.

Eighth – 2011 Infiniti G25 Journey Sedan (100.7)

A sensible choice for those seeking reasonable fuel economy and performance.

Ninth – 2011 Infiniti M37 AWD (98.2)

If I am ever willing to pay upwards of $500+ a month, this would be the ride I’d get.

Tenth – 2011 Honda Accord LX Sedan (97.5)

Dropped quite a bit, but mainly due to a higher sale. Nothing extra haggling with your dealer can’t fix.

Missing the Cut (Honorable Mentions)

2011 Mercedes-Benz C300 Sport (97.3)
2011 Honda CRV LX AWD (97.2)
2011 Nissan Maxima S (96.4)
2011 Nissan Rogue S AWD (95.3)
2011 Nissan Versa S HB (95.2)
2011 Hyundai Sonata SE Turbo (94.7)
2011 VW CC Sport (92.7)
2011 Ford Edge SEL AWD (92.0)
2011 VW Tiguan S 4motion (91.9)
2011 Acura TSX (91.7)
2011 Acura TL (91.4)
2011 Volvo S60 T-6 (91.4)
2011 Lexus IS250 (91.3)
2011 Infiniti FX35 AWD (90.9)
2011 Mazda CX-9 Touring (90.7)
2011 Subaru Legacy 3.6R Premium (90.5)
2011 Audi A3 Premium (90.5)
2011 BMW 135i (90.0)

Parting Shots

If you didn’t notice, the bulk of the Top Ten List are Nissan made. This says a lot since the days of German cars being “great leases” is officially over. Nowadays, they are just good, not great. With BMW and Audi looking disinterested in providing any sort of “deal” to consumers.

On another note, I didn’t think I would see the day when a Volvo would “Miss the Cut”, but that day has arrived in the form of a S60 T6, which is on clearance due to the incoming 2012 model.

Lastly, many models received a price bump so payments may have gone up (or down) slightly. However, the overall feeling I am getting is that February is still a slightly better month than January. Expect bigger changes in March.