Nissan Altima lease Prices & Finance Offers in Canton, MI

Buying a new Nissan Altima^® can be expensive, so we will help you decide on a method that will be affordable for you. There are two methods of buying a car that you can use, you can either lease a Altima or can finance a Nissan through a loan. Both methods have advantages and disadvantages, and we unpack them here for you to use when you decide to buy a new Nissan Altima^®.

What Does it Mean To Lease a Nissan Altima^® in Canton, MI?
Leasing a vehicle is similar to renting a car, but for a longer period of time, usually between 24 and 36 months. Although it can be for any number of months. Instead of paying off the car, you only pay for the amount of depreciation that is expected to occur during a set period of time. You normally, but not always, are expected to put down a deposit on a leased car.

Leasing a Nissan Altima^® can be complex when trying to understand the financing options available. Unique terms such as capitalized cost and residual value can often confuse many shoppers when choosing to lease or buy a vehicle.

What is Capitalized Cost When Leasing a Nissan Altima^®?
This is the ultimate price of the car. This price is usually fixed, but you can still negotiate it downward with many dealerships. A lower cap cost means you will be paying lower monthly installments on your Altima. You can also get cap cost reductions which are special lease deals from automakers.

What is Residual Value When Leasing a Nissan Altima^®?
The residual value is the estimated value of a car at the end of its lease term or useful life. The residual value (also called salvage value) is the predicted value of what a car is worth at the end of the lease agreement. The lessor uses the residual value to understand the number of monthly payments the lessee will make during the life of the lease period. It is generally accepted that longer lease terms have lower residual values.

Benefits of Leasing a Nissan Altima^® in Canton, Michigan?

• Your monthly lease payments and overall monthly cost may be lower than a traditional financing loan
• You don't have to go through the hassle of selling the vehicle once your lease is up
• The contract terms for leasing are typically shorter than a car loan
• You have the ability to turn the vehicle in at lease end and get a new vehicle

Lease a Nissan Altima^® Today at Nissan of Canton in Canton, MI

Cons of Leasing a Vehicle

• You don't own the vehicle
• There are annual mileage limitations
• There may be a penalty if you terminate the lease contract early
• A lease agreement is a binding contract
• A lease agreement, once signed, becomes a legally binding agreement between you and the car leasing company. In return for the use of the car for a specific period, you agree to make a monthly payment. If you break that contract by failing to make a payment, you are expected to return the car.

Traditional vehicle financing gets you behind the wheel of a new or used vehicle and requires you to make payments to eventually own the vehicle. When the car is fully paid off, you will own it and be able to retain the vehicle's remaining equity towards the purchase of a new vehicle. What happens if you finish paying off the vehicle and still love it? You can choose to continue owning the vehicle to take advantage of lower ownership costs by not having to pay monthly lease or finance payments

Benefits of Financing a Nissan Altima^® in Canton, Michigan

• Once the Altima is been paid off you own it
• Unlike a lease, you don't have to return the car
• You can drive as much as you want; no mileage restrictions
• Once your Nissan Altima^® is paid off you can use it as an upfront payment
• You can sell your car privately
• You can customize the vehicle with no restrictions at lease turn-in
• You won't have to make payments when the loan is paid off
• Financing is easier than leasing
• Refinancing a vehicle loan can save you money
• You decide if you want to fix the vehicle or not

Cons of a Vehicle Loan

• As with any loan, there will be an interest rate where you will have to pay interest
• After paying off the car, there could be increased maintenance costs due to the age of the car

Finance a Nissan Altima^® at Nissan of Canton in Canton, MI

You Own the Car

By purchasing a car through financing, you will own it as soon as it is paid off. While you're still paying for the car the bank owns the car title until you pay it off, but there are typically no restrictions on what you can or can not do with your car. Plus, your ownership grows slowly at first, but increases as the interest declines. The best way to maintain positive equity is to make a sizable down payment and get the shortest loan term you can afford.

There's no mileage cap

One of the biggest benefits of financing your car is you don't have to worry about a mileage cap. Beyond the costs of fuel and maintenance, there is no financial penalty for driving long distances.

Visit Nissan of Canton to compare Nissan lease deals and financing offers. Find out what works best for you and drive away in a new Nissan Altima^®.

Power meets efficiency Refined and responsive, Altima's 2.5-liter engine serves up to 188 horsepower and 180 lb.-ft. of torque. With excellent fuel efficiency and an estimated 27 city mpg and 39 highway mpg, you're ready to take on the world.

Intelligent AWD Imagine a sedan that gives you the kind of capability you'd expect from an SUV. Paired with Altima's 2.5L engine, the available Intelligent All-Wheel Drive system continuously monitors road conditions and can quickly respond to help provide traction.

Cruising. When you are cruising, the rotating assembly transforms to produce a higher compression ratio. And like the more relaxed stance of a long-distance runner, it conserves energy and increases your fuel economy.

ProPILOT Available ProPILOT Assist helps you stay centered in your lane and helps keep a preset distance between you and the car ahead. It can even come to a complete stop and bring you back up to speed when traffic starts moving again.

Test drive the new Nissan Altima^® at Nissan of Canton in Canton, MI today.

Nissan Safety Shield^® 360 Helping to watch out for you and yours, Nissan is creating a brighter future by making Safety Shield 360 standard on every Altima.

Automatic Emergency Braking with Pedestrian Detection. Altima helps look out for what's ahead and for people crossing in front of you. Automatic Emergency Braking with Pedestrian Detection monitors your speed and the distance between you and the car ahead, and it can let you know if you need to slow down. It can automatically engage the brakes to help avoid a frontal collision or lessen the severity of an impact. And when it detects a pedestrian in the crosswalk, it can stop you in your tracks.

Save your bumper. Altima with Rear Automatic Braking watches out directly behind you for large stationary objects you might not see. If it detects something and you fail to stop, it can automatically engage the brakes to help avoid a rear collision or lessen the severity of an impact.

Wait — was that a car over there? Altima with Blind Spot Warning keeps an eye on the blind spot area and gives you a heads-up if it detects a vehicle hiding there.

Fear no parking lot. When you're backing out of space, Rear Cross Traffic Alert watches around the rear of your Altima and can warn you about cars it detects creeping up on you from either side.

Discover the joy of driving again with the new Nissan Altima^® today at Nissan of Canton.

People to see? Places to be? Just ask Siri^®. Equipped with Siri^® voice control, Apple CarPlay^® brings your contacts, favorite messaging apps, Apple Music^® playlists, Apple Maps, and more onboard your Nissan Altima^®. Simply plug in your compatible iPhone^® and go.

With Android Auto^™, you can keep your eyes on the road and hands on the wheel while using your voice to help you with your day. Ask Google to play your favorite song, navigate home, or respond to a text hands-free. Just say, “Hey Google” or long-press the voice control button on your steering wheel.

Available Nissan Door to Door Navigation adds directions that move from your compatible smartphone to Altima's touch-screen display seamlessly. Other features include detailed real-time Premium Traffic, voice recognition, and more.

With Altima's available Bose Premium Audio system. Bose engineers take advantage of the unique interior acoustics of your Altima, so every instrument seems to hit you from a different angle. Its front-row sound so good, it might even be better than being there.

With the Hands-free Text Messaging Assistant, Nissan Altima^® can read your incoming messages out loud and easily reply back with pre-loaded responses using voice recognition technology.

Experience the easy connectivity in the new Nissan Altima^® today at Nissan of Canton.

There's no one-size-fits-all when it comes to car seats. That's why Nissan Altima's Memory Seat System can store two driver seating and mirror positions.

Available heated front seats, heated steering wheel, Dual Zone Automatic Temperature Control, and rear vents – it's all right here.

Upgrade your expectations. Matte Chrome finishes and available wood-tone trim add a premium look and feel on every drive.

Keep forgetting things on your back seat? The innovative Rear Door Alert system gives you a visual and audible alert that can remind you to check your rear seats before leaving your Nissan Altima^®.

Nissan Altima features spacious trunk space, which gives you up to 15.4 cu ft of cargo room. Fold the rear seats down and you'll have a massive 58.8 cu ft of cargo space.

Got big cargo? Just fold down the 60/40-split rear seat and you've got room to bring longer items with ease. Plus, you can still carry one passenger. Have a massive haul? Fold both rear seats down and you'll have plenty of space.

Feel comfortable in the new Nissan Altima^® and test one today at Nissan of Canton.