TonyWilliams
Well-known member
LeftieBiker said:$0 down with good credit - don't be suckered into making a down payment on a lease. You are renting. There's NO ADVANTAGE whatsoever for you to pay for rent ahead of time. If you want to lower the monthly payment, use that down payment money to make some of those monthly rent (lease) payments. DO NOT GIVE MONEY TO A DEALER.
Making a down payment can get you a better deal, precisely because dealers like to get cash up front. Whatever that down payment is, though, it will be lost if the car is totaled, so think of it as a gamble, and put no more down than you are willing to risk losing. My $2k down payment has more than paid for itself over the almost four years I've been leasing. Zero down is indeed the safest way to lease, but it isn't usually the least expensive.
You're not going to beat near zero cost of money, which is where we are now.
How much discount that Nissan and the dealer offer has very little impact on a down payment. Down payment is nothing but profit, normally (I used to sell cars 30 years ago).
You can't negotiate the residual (because the car is not owned by the dealer or leasee, but instead by Nissan Financial).
Don't put money down on a lease.