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2013 and earlier Nissan Murano Lease Questions

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  • 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: 3,252
    36 or 39 month lease?
  • jayriderjayrider Posts: 3,252
    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: 3,252
    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: 3,252
    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: 3,252
    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
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    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.