What do you think of this deal for a 2013 SL in Northern Cal

[dndrich]

OK, I've never leased before, and I have been looking over the forums for various advice. I now have an offer for a 2013 Leaf SL with floor mats for this:

36 month lease vehicle price $33,495.00 acquisition fee $595.00. Gross cap cost $34,090.00 cap cost reduction $7500.00 Nissan incentive adjusted cap cost $26,590.00 residual $18,413.55. depreciation $8,176.45 rent $3,240.36 total of base payments $11,416.81. 36 payments $317.13 tax based on 8% $25.37 total payment $342.50. cash due on delivery is $1,367.90.

This calculates out to a money factor of .002, which is what the current Nissan offer appears to be. On my lease calculator this looks correct. This seems like a straightforward deal?

What am I missing here? Or is this good?

 

[hsujohn]

what's MSRP on that car? If it's $33,495.00, then this is bad deal, basically they just sell you at sticker price, $7500 discount is offered by Nissan USA, money factor is low and fair I guess, if anyone has other idea please share

 

[dndrich]

what's MSRP on that car? If it's $33,495.00, then this is bad deal, basically they just sell you at sticker price, $7500 discount is offered by Nissan USA, money factor is low and fair I guess, if anyone has other idea please share

Actually, sticker for this vehicle so equipped is $35860. So it is considerably below sticker.

 

[KJD]

I would ask them to recalculate the lease with zero down and then compare your numbers to the numbers listed on page 1 of this thread on 2013 leasing.

http://www.mynissanleaf.com/viewtopic.php?f=23&t=11245" onclick="window.open(this.href);return false;