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2013 and earlier Nissan Murano Lease Questions

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Comments

  • kyfdxkyfdx Posts: 28,434
    Most leases now have disposition fees.. It is a requirement of the bank that writes the lease, and likely isn't a negotiable item with the dealer...

    Until you actually take delivery, you can always stop the deal.. But, you aren't likely to get that item changed.

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Hi Car Man,

    I was curious. My credit score was 784 but when the dealer ran the money factor I saw he had me in a range of 700-739 with a money factor of .00164. he said the top two score levels got the same money factor. Don't they give a better credit score a lower money factor?
    Would I be able to do better than .00164 with a 784 credit score?
    Thanks
  • Can someone tell me if this is a decent deal in NYC.
    2009 Nissan Murano SL AWD 360 Package ( Lease )
    around $3,800 total out of pocket
    $409 a month
    39 month lease
    12k miles per yr.

    The dealer was charging an 800 destination charge fee, is this fee normal?
  • daz499daz499 Posts: 9
    My understanding is that disposition fee is charged only at the end of the lease if you don't get another vehicle from nissan, at least thats what the finance guy told me. I don't know how that works if you choose to buy the vehicle at lease end.
  • daz499daz499 Posts: 9
    The $800 destination fee is normal. When you price the car, its already included as part of the MSRP.

    What are the deatils of the deal? What was the MSRP and what was the selling price?

    Here's what i ended up getting. Murano Sl With the usual Packages. MSRP $35,925

    12k, 39months, $398 a month, $3300 total out of pocket. Now looking back, i could have done a little better on the monthly payment i think. Here's why. After looking over the lease i realized they capitalized the acquision fee so that adds a few dollars. In fact that changed the price of the car that we agreed on. This was our first lease so we learned a bit and next time will be more careful.

    Make sure they give you the full rebate amount, right now it should be $1250.
  • Received the following quote from a NJ dealership:

    $2999 down
    $319/mo + tax
    39mo/12k

    This seems to be in line with what I am seeing on this board. Any opinions?
  • jayriderjayrider Posts: 3,285
    395 zero down plus tax. You want to roll the 3k into the lease. Tax too if possible. Didn't post your numbers but folks have been getting that payment for a loaded sl awd so I think you can do better. Tell the dealer you want an sl with leather - 360 pack- roof for that money -- see what happens.
  • flightnurseflightnurse 35K feetPosts: 1,631
    regarding your lease, you should never put extra money down on them to just lower your payment, remember you are just renting the Murano. The only money you should put down is tax's and fee's.
  • jayriderjayrider Posts: 3,285
    flightnurse -- you busted my chops last year when I posted my lease deal with a bunch of money down. Rookie mistake -- see the light. The new meds help too. :)
  • I want to get them down to $2000 out of pocket, $319/mo + tax. They have only sent internet quotes, so we haven't started to haggle the Sale Price at this point. Their quote at least gives me a starting point. I will ask them to add in incentive dollars to reduce the $3k, and also to reduce the Sale Price which will help reduce the out of pocket to stay in line with the $319.
  • Can someone confirm the October lease rates (money factor, residual, etc.) for:

    Murano SL AWD 360
    Murano LE AWD

    I have been looking at 39 months, 12K per year.

    Also, any idea if it would be better to wait for the November rates?

    Finally, today I was told there is a $750 Nissan rebate available on the Murano leases.

    Thanks.
  • Signed a deal today for pickup Friday.

    2009 S AWD w/convenience package
    $2500 Out of pocket
    $345/mo (NJ tax included)
    12k/yr
  • jayriderjayrider Posts: 3,285
    36 or 39 month lease?
  • jayriderjayrider Posts: 3,285
    lPuts you out of warranty for 3 months. You can pay extra for coverage or pay a bit more per month for 36 months. See which is cheaper.
  • daz499daz499 Posts: 9
    Also on top of the $750, there is the tent sale which is another $500.
  • What's the deal with NMAC? The residual factor on the LE is 4% LESS than on an SL. That means Nissan is making you pay the entire $3500 MSRP difference between the two (e.g. SL 360) in the lease. The lease end value on the two cars, despite an MSRP difference of $3500+, is virtually identical.

    Any idea if this will change?

    The LE residual factor basically makes the LE lease more expensive, or perhaps equal to, than an Acura MDX base.

    I am conflicted on what to do. Running out of time and need to make a decision soon.

    Mark G.

    ALSO, ANY ONE HAVE ANY IDEA WHAT WILL HAPPEN WITH LEASE RATES AND REBATES IN NOVEMBER?
  • jayriderjayrider Posts: 3,285
    Easy answer to your question. The LE's residual is lower because it depreciates more. Cold hard facts. If RV is a concern just lease an SL with lots of extras. As you say -- there are other choices for you to consider. Acura-lexus-audi. The biggest concern in your lease payments should be selling price. Good lease terms are offset by puny discounts. If you can negotiate a bigger discount on the LE than on the SL, the higher rv may not be as big a problem. Good Luck.
  • daklydakly Posts: 3
    Is anyone having a hard time getting a Murano in the NJ area? I have contacted several dealers in the NJ area and was told that there is a problem with the assembly of them, they are coming from Japan and not available for another month or two the earliest.
    I am looking for a SL AWD with the Tech package.
  • Right. I am just comparing a lease on an LE (with out nav) to an Acura MDX base. I can get the two for roughly the same price. I am leaing toward the MDX as I think it is a better vehicle than the Murano. However, I would have no problem with the Murano LE if there were some savings, but the crazy residual drives the cost up.
  • I am having the same issue in PA. Muranos are in tight supply. I was told that Nissan drastically decreased the Murano production in 2009. Then when they started up they were shipping more SL-360s than anything else. The 2010s are just now starting to hit the dealership lots.
  • jayriderjayrider Posts: 3,285
    The mdx is bigger--more cargo space. More conservative appearance. I think I would go mdx or even base rx 350 - mazda cx-9 awd touring. Nothing more from me re this comparison -- don't want to get in trouble for posting in the wrong place. :P
  • Please help me ASAP. I am about to lease the above mentioned vehicle in central Massachusetts. I'm trying to ascertain if I am getting a good lease deal.
    39 months
    12K miles per year
    Approx. $1500 in upfront "fees" which I will pay at time of delivery.
    No money down for price reduction money on vehicle.
    MSRP of vehicle $38K with a $750 rebate.
    Lease price $459 per month which includes monthly Massachusetts 6.25% sales tax.
    Your help is greatly appreciated
  • jayriderjayrider Posts: 3,285
    Since it includes tax --decent deal. You might consider a 36 month lease. Keeps you in warranty and won't be pushing tire replacement. On the other hand, you can turn your murano in 3 months early for something new without much trouble. I paid 480 for 36 months with tax so you are fine with that deal.
  • If the msrp is 38k than you are getting a good deal. I might close on a deal today too. msrp 36,060. 12k 39mths 1000 down total to drive off, including first month payment.
    $419 with tax included. SL 360
  • Thank you for your response. It is appreciated.
  • Thank you.
    You have been helpful!
  • You're welcome, daz499. Here's the info for the terms that you mentioned. Through November 2nd, Nissan Motor acceptance Corp.'s buy rate lease money factor and residual value for a 39 month lease of a 2009 Murano SL AWD with 12,000 miles per year are .00164 and 53%, respectively.

    Nissan is providing a $750 cash incentive on leases of this vehicle, but only in certain parts of the country. Fortunately, the New York ares is one of them. From October 9th through the 18th, Nissan was providing another $500 "Tent Sale" bonus cash on this truck. On the 19th, the bonus cash was replaced with a stairstep program that provides dealers with a variable amount of dealer cash, which increases as they sell more vehicles. It is probably safe to assume that most dealers are getting $600 through that program.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi mikeweb. I don't know the exact cutoff for NMAC's credit tiers off of the top of my head, but I suspect that anybody who has a score of over 700 will qualify to lease using its best available money factors. You wouldn't get any additional bonus for having a score in the high 700s.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Greetings mgoldstein. Through November 2nd, Nissan Motor acceptance Corp.'s buy rate lease money factor and residual value for a 39 month lease of a 2009 Murano SL AWD with 12,000 miles per year are .00164 and 53%, respectively.

    The numbers for an otherwise identical lease of a Murano LE AWD are .00164 and 49%.

    Nissan is providing a $750 cash incentive on leases of this vehicle, but only in certain parts of the country. From October 9th through the 18th, Nissan was providing another $500 "Tent Sale" bonus cash on this truck. On the 19th, the bonus cash was replaced with a stairstep program that provides dealers with a variable amount of dealer cash, which increases as they sell more vehicles. It is probably safe to assume that most dealers are getting $600 through that program.

    It's difficult to say what Nissan's November incentives will be like for this model. From what I have heard, its "Tent Sale" has been pretty effective in boosting the company's sales. As long as its inventory is at a manageable level, I don't anticipate Nissan making any enhancements to its November program. If I had to make an educated guess, I'd say that it will take a breather in Nov. and then crank up its support for one more push at the end of the year. Of course, it is difficult to say exactly what automakers will do with their future programs.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
This discussion has been closed.