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2013 and earlier Nissan Murano Lease Questions

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  • Hello,

    Could someone tell me if this sounds like a good deal. We live in the Austin, TX area and are trying to lease a 2007 Murano SL w/Touring Package. First time leasing and don't exactly feel comfortable.

    Thanks,

    Dave

    MSRP: $35,380
    Sale Price: $32,395 (Invoice price... supposedly)
    Term: 39 month
    Residual: 48% or $16,982.40
    Money Factor: .00033
    Cap Costs: $ 777.05 ($594.83 acq. fee + 182.22 lic fee)
    Down Payment: $0
    Tax: $0
    Total due at signing: 431.67

    Monthly Payment: 431.67
  • steevosteevo Posts: 333
    Looks like that deal is a straight up no [non-permissible content removed] deal.. Only place it could get better is if you can get below invoice in your area.. Check the prices paid forum to see. There is 1500 rebate but dont know if you can use that with the special lease rate. If you can you should be able to get it off that invoice price.
    I'd take the deal! Especially if its with 15k per year..
  • Mocachina
    I am totally with you on how bad Westbury Toyota on Long Island is as a dealership. I know exactly how you felt too. I had an awful experience with the manager! How good can the dealership be?
    He was constantly raising his voice and trying to seem self important and trying to force me into the purchase.
    I had read a few reviews online about how bad they were. It is truly something else to experience it first hand.
    Then there's the issue of them raising prices once you get there by adding certain additional "fees".

    You put it so well, "You are in control, not them!"
  • Looking for some feedback on this deal. Can I do better?

    2007 Murano SL AWD with G04 Touring Package and a MSRP of $36,610. 39 mos lease with 12k miles a year. $320 fees (lic. & doc fees)down and $415/mo plus tax.

    Your thoughts are appreciated and if I have left out anything that would be helpful for you to provide then let me know.
  • Hi Car Man,

    Just some quick info..received Nissan tent litrerature from dealer and had read Nissan Murano reviews and took a shot. Salesman was a friend(bad move) which gives me poor parameters to discuss with you. Had a 2004 Murano lease with 3k left to pay...was looking for termination and perhaps a few months forgiveness.. Found AWD SL for 36,820. They wanted 1000 down, pay off lease and 589 for 39 months,all in. Didn't make the deal after considering.Thoughts?
  • Hello Dave. Dealer invoice is a pretty good selling price for a leased 2007 Nissan Murano. It is really equivalent to a price of around $500 over invoice once the $500 cash incentive that is available on leases of this model through Nissan Motor acceptance Corp. is taken into account. You can double check that the selling price that you were offered really is dealer invoice by visiting the New Vehicle Pricing section of Edmunds.com.

    The money factor that you were quoted is right in line with NMAC's buy rate for the '07 Murano SL. Overall, I would say that this is a pretty good deal.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hello geeman1021. The best way to evaluate this deal is to take a look at the selling price that the dealer is trying to charge you for the Murano that you want. Keep in mind that the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without knowing what this vehicle's selling price is, it is difficult to see how much of a discount you are being given on it. I will gladly give you my opinion of this deal if you tell me what the selling price is. At first glance though, $415 per month with essentially nothing down looks pretty reasonable to me.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Greetings speed1269. The best way to evaluate a lease is to get as many facts about the deal as possible. The most important numbers to focus on are your vehicle's selling price and the money factor that are being used to calculate its monthly payment. These are the two main profit centers for dealers on leases. Let me know what these numbers are and I will gladly give you my opinion of this deal. At first glance, the monthly payment that you were given, $589, looks a little high to me.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • The dealer is quoting $32,944 as the selling price for this vehicle (MSRP of $36,610 - incl. touring package G04). Hope this helps.
  • Speed1269 again...

    As a followup, did a little internet shopping and found the same Nissan with an additional Vehicle Dynamic package for a total of 37,695. This dealer, being the last day of the month, offered 42 months, 15K lease, will pay off the 3200 outstanding lease, no money down other than 1st payment and 350 security deposit, and the same 42 months for 499/month.
    I told him to put it in writing and I'd answer quickly.Seems much more palatable!
  • steevosteevo Posts: 333
    Me again still searching around...
    Do you have the November MF + resid for Murano AWD? I would like the 36/39 and 24 month numbers with 15000/yr .
    Thanks in advance...
    Is the MF different for S,SL and SE models?
    I was intrigued by the rogue but think I may be able to get more bang for the buck out of the Murano right now...
  • greanpea68greanpea68 Posts: 1,996
    car_man

    but what is includes in the "inception fees

    Inception fee's are 1st payment, Dealers doc fee, and registartion fee.

    in other words:

    1st payment: $316
    doc fee: $195
    registration:$86
    Total inception fees: $597

    Of course this differ from state to state and dealer to dealer.

    Pay off on trades fee.... would be if there was a trade any money going to pay off the trade or if they owned the trade any money that was getting cut back to the customer for equity in the trade or if no trade at all any money being cut to the customer for what ever reason.

    Hope this is helpful :)
  • steevosteevo Posts: 333
    Greenpee,
    Do you think 500 below invoice is good right now on 07 Murano SL lease or should I be holding out for lower?
  • Hi CarMan
    Please, let me know if the following lease for Nissan Murano is a good deal:
    MSRP : $34770
    Selling Price: $31,790
    Term: 3 years
    Miles: 12000/year
    Money Factor: 0.00160
    Residual Price: 16689
    Monthly Payment (pre-tax): $425

    Thanks in Advance
  • kramgkramg Posts: 7
    sounds like a great deal to me but if you wait till the end of the month it might even get better with the new 2009 Murano due to come out in January.
  • I am negotiating an 07 SL AWD with touring package, I have a quote of 31798. Right now I have an 04 sl awd and am waiting to hear back from Nissan on a early lease termination payoff. Can you tell me what the MF and resid should be. The payoff that they give me is going to be good for 30 days, do you think I can get a better price if I wait till the end of the month?
  • If delivery charges have been included into car price, should I pay bank fees at inceptions? Isn't it the same?
  • Car Man,

    Just looking to see if I am getting a good deal on this Murano:

    Cap Cost: $26,961
    MSRP: 30,470
    Residual: 15,235
    Money factor: .00033
    Terms: 15K year/39 months
    Payment: 334.59
    Location : Colorado

    Let me know if you need anything else.

    Thanks in advance.
  • hi car man,
    can you please give me a quote for a new nissan murano s plus convenience package and a nissan murano sl plus convenience package.please include all taxes and costs for me.this car is payed cash.thank you !
  • With the specials going on this week I can get you down to $398 a month for 39 months on the exact Murano you are looking for with no money down on the lease. Your money factor is 0.000330, Cap cost of $33,204.36, selling cost of $31,599, and a residual of $17,894.40. We're here 9-9 all week and 9-5 Saturdays. What day is best for you?
  • Is this a fair deal?

    2007 Murano SL AWD with G04 Touring Package MSRP $36,425. 39 Month Lease with 10k miles a year. $409 a month. The 8.75% tax is included. Due at signing: First $409, Bank fee $595, $250 fees (lic. & doc fees). = $1254

    When I asked about what price this was based on they kept saying it's a $36,000 SUV for $409 a month. What they wrote up states that all Incentives and rebates to dealer.

    If this is fair? I will need to negotiate to make it 15K per year. Any idea what an additional 5K per year should add to the monthly lease?

    Any thoughts? Anyone? Thank you in advance for your time and wisdom.
  • This is the deal I made Fri evening Dec 21 at Jeff Schmidt Nissan in SW Ohio...
    Sunset Red Murano SL AWD
    G04 SL Touring Package
    R92 Roof Rail Crossbars (Black)
    M94 SE & SL Splash Guards (Set of 4)
    S92 Sunroof Wind Deflector
    L92 Carpeted Floor Mats
    N93 Cargo Area Protector

    MSRP: 37,080
    Negotiated Price: 33,607
    Net Trade: -3,100 (from trade on my 05 FWD SL with 53k - gross trade of 17,500)
    Rebate: -500
    Acc Fee: +595
    Adjusted Cap Cost: 30,602
    Residual: 18,169 (49%) <= New Rate -
    Money factor: .00011 <=New Rate (free money)
    Terms: 15K year/36 months
    Payment: 350.73 + Local Sales Tax :shades:

    A very good deal, but I still felt afterward I left just a few $$ on the table. Not that I am complaining. Sales manager said the 09s are on the trucks and headed to dealers. He thought he would have his first ones Sat or Sun.

    I was ready to deal because of all the info on this great forum. Thank you all! I had a very good salesman but he handed me over very early to the Sales Mgr. This made for very quick face to face negotiations.

    Happy Muranoing!

    Joe
  • NW Nissan dealer in Las Vegas was good to deal with, imo.
    $400/mo for generous mileage lease on on a Murano SL with sunroof, sound and premium pkgs. $1K down plus 1st month did the deal. I'm leaving out neglibible trade details and brief confrontations, so don't expect this deal to come easy, but they worked with me very directly to negotiate and finish an equitable deal in 2 hours. Best car buying experience ever.
  • flightnurseflightnurse 35K feetPosts: 1,644
    Yes regarding the 09's, We were going to buy a 07 Murano but instead bought a 08 Rogue SL FWD. It came down to price. We were goin to buy Murano S FWD, but we worked out a better deal on the Rouge, But I'm sure there well be some outstanding deals on Muranos in the coming weeks as the 09 are on thier way or some dealers have gotten some already...
  • Msrp on 07 murano awd SL is 36.9k. Can buy for 33.5k . Lease is $454/ 39month, zero down. Good or bad deal?
  • :confuse: Hi,

    My lease comes to term in April of this year. I have a 2005 Maxima with 34,000 and dont want to go over the 36,000 so I want to turn it in now and get a new car. I am thinking about getting a Murano. I am not interested in purchasing the vehicle I currently have. This is my first lease so I am not sure what to expect. I have gotten some papers in the mail that state that some dealers will waive the fees incurred with a lease if you stay with a Nissan product. So, when I go to trade this car in what happens and how do I know I am not getting a raw deal? The car has a few dings on it from parking lots but nothing major. interior is clean. Any feedback is appreciated.

    Thanks.
  • We live in Virginia. We just had a baby and decided it was time to trade in my 2005 Subaru Impreza with just about 80,000 miles on it... Here is the deal:
    $7,500 for our trade in = about 2,300 neg equity
    Leased a 2007 Nissan Murano SL AWD with CVT and Touring package and Nav system -and it had 1,000 miles on it.
    We both have credit in the upper 700's and got a 4.9% rate. We put $1,000 down and first car payment... our payments are $629 and some change... We just drove it home about an hour ago and my heart is in my stomach after reading some of the posts on this site... We're young and new to leasing and i'm just wondering if they saw us coming from a mile away or if the #'s really make sense... I love the Murano but miss my Subie already. Can someone please be totally honest with me and let me know if there's something we should do if possible??

    Thanks for your time! :confuse:
  • well, I think the 4.9% is high. To buy an 07 they have1.9% to 3.99% depending how long you want to take the payments for. Also, if you buy they have $1500 cash back incentive. I went to lease an 07 Murano and I had $3,000 in negative equity in my Maxima. they wanted 1,000 down and the first payment the rate was 000.16 which is bascially 0% percent. my payment for 36 months was $594.20 I did not lease the vehicle because the negotiated purchase price was too high. it was new there was like 10 miles on it. they wanted to charge me $35K for the 07 with the same features you have on yours. Being an '07 that price should have been at invoice or several hundred $$$ under invoice. I am so confused now I dont know what to do so I did not buy anything! I dont know if this helps or not :confuse:
  • Anyone have any idea on the MF and residual (2yr/12K) on an 09 LE with Nav and dual moonroof? I am now debating between this, the Pilot EX-L nav and the MDX.

    The Pilot is almost free these days, but I want to be sure I am fully informed about the Murano before I pull the trigger on a Pilot.
This discussion has been closed.