Lately, Nissan has been setting insanely high 18- and 24-month lease residual values on their vehicles, whether it’s the Frontier pickup truck or new Z sports car.
Since the cost of leasing is largely determined by the depreciation expense, a high residual value can translate to a good lease, provided the selling price and money factor (i.e., interest rate) are reasonable.
For November 2022, Nissan Finance (NMAC) has set the residual value for the mid-spec 2023 Altima SR at a whopping 87% of MSRP, after 18-months at 10,000 miles per year. The money factor is high at .00289 (6.94% APR), though Nissan does offer a $650 lease cash incentive for certain regions.
By negotiating a slight discount, you should be able to lease a 2023 Nissan Altima SR for under $300 per month with $0 down payment, plus taxes and fees. Here is a Leasehackr Calculator example of a 2023 Altima SR lease deal at $294 per month. You can adjust the Calculator inputs based on your circumstances.
Visit Leasehackr Marketplace for hot deals on Nissan Altima and negotiation tips. Right now, we’re seeing as much as a 7% off MSRP discount on Leasehackr Marketplace.
The 2023 Altima, especially in sporty SR trim, is a big upgrade from the rental-spec Altimas you see swerving through traffic in major U.S. cities. For 2023, all Altima trims get a standard 12.3” screen, wireless CarPlay, blind spot monitoring, and refreshed front-end design.
