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2013 and earlier Nissan Murano Lease Questions
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Car_man
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I'm not sure if NMAC offers leases on Nissan division vehicles with only 10,000 miles per year, but if it does its residual for that mileage allowance would likely be 1% higher.
The $1,500 consumer cash incentive that you mentioned is not compatible with the above special lease program, but the areas that have $1,500 consumer cash have a $725 cash incentive on leases instead.
Car_man
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Car_man
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Any deals going on in my area? My zip is 08876, Central NJ.
Any tips for a good lease on a 2012 Murano SL AWD would be appreciated.
I'm turning in my 2009 Murano lease a few of months early.
first of all, thanks for being so generous with your help. I'm leasing a car for the first time and I'm trying to figure out if my lease is a good value.
For a 2011 Murano SL AWD in Boston area, I negotiated the sale value at $32700. Down payment is $3000 and lease length is 39 months with 12K miles/year. Monthly payment is $364 plus sales tax (with sales tax it is $384/month).
Is it a good value?
Also, would you know my money factor and residual value - I have good credit.
Finally, how does the money factor used in the lease and is the residual value negotiable?
Thanks a lot!
Car_man
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Please see my previous post for information on the cash incentives that are currently available on this model in your area.
As far as the $3,000 goes, you definitely want to put as little money as possible down on your lease. Consumers who make large down payments on leased vehicles risk losing part or all of the money that they laid out if their vehicle is totaled in an accident or stolen and never recovered.
Car_man
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As far as the lease program goes, Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 39-month lease of a 2011 Murano SL AWD with 12,000 miles per year are .00003 and 43%, respectively for consumers who qualify for its top credit tier.
The money factor is used to calculate the interest portion of your lease payment. It is important to make sure that the dealer is using the correct factor to calculate your payment because dealers are sometimes allowed to mark vehicles' factors up to add additional hidden profit to deals. Residual values really aren't negotiable.
Car_man
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The MSRP of the 2011 AWD SL Murano is $38800 (truecar number). There is a Nissan incentive going on as well of $2500 cashback on 2011 models. I'm assuming my negotiated sale price of $32600 includes that cashback. How do the numbers look to you?
Thanks for the tip regarding money factor, I will be sure to watch out for that number in the final deal paperwork.
Also I am 4 months away from the end of my current lease (Murano SL 2009, 39 month, 39000 contacted miles) and I have only 26000 miles on that car. Is there anyway to get advantage from unused miles during the negotiation of a new lease?
Any deals going on in my area? Any tips for a good lease on 2012 Nissan Murano SV AWD would be appreciated.
Thank you in advance!
1. Do you know the Lease Money Factor/Residual for a Nissan Murano SV AWD 39 months 15,000 miles for March?
2. When you say to negotiate $500 above invoice, is that the 'dealer invoice'?
For example - Edmunds tells me the "invoice" for this car is $31,969 - so I should start negotiations at $32,469, minus $2725 incentives = $29,744?
Do I add the destination fee of $825 in there?
Thanks for your help.
You are in New York, so you are eligible for the $725 cash incentive that Nissan is providing on leases of this truck in that area.
Unless you are able to take your current vehicle as a trade, the fact that you are under mileage probably won't work to your advantage in your negotiations of your new lease. A few banks will allow consumers to roll some of their unused mileage over to their next lease, but I don't believe that NMAC is one of them.
Car_man
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Yes, you should include the destination charge in the dealer invoice price, other than that you are correct.
Car_man
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Could you please tell me residual and money factor for 36 and 39 month, 12000 miles lease on 2012 Murano SL AWD in 91364 zip code. Also, are there any incentives for customers who don't have an existing Nissan lease?
Thank you,
Alex.
2012 Murano SV AWD Blue, roof rails
39 month lease, 15,000 miles,
$1,500 down
$379/mo
God Bless.
I am looking to lease a 2012 Murano fully loaded. Do you know what would be a fare price and monthly payment (inc tx).
Thanks a lot!
Billy
The numbers for an otherwise identical 39-month lease are .00053 and 48%.
I don't believe that Nissan is currently providing any cash incentives on leases of this car to non-returning customers.
Car_man
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Car_man
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Car_man
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Current quote on a Murano SV (no other options) is $0 down $439/month including tax in NJ, 39 months, 15000 miles. Dealers says he can get me tier 1 (even with some credit dings) so he says MF is .00053 and resid is 48%, based on a price of $33,698 (which he says is $1000 under invoice). Of course he is crying that he is losing money, but I have never had a dealer tell me they are making money yet. Also, gave me Murano s at around $399/month all in.
Thanks for the help. I need to do this quickly, if possible.
Can you post the lease numbers for April for a 2012 Murano SL? I am interested in the money factor and residual for 15k miles for 36 months.
Thanks!
Car_man
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Current lease on 2009 Murano SL is about to expire with about 27,000 miles at end . Am considering leasing 2012 SL FWD w/o navigation. 39 months 12,000 miles/yr. MSRP is 38225 Rebate $1500 . Per dealer document, invoice is 35,242.
Am looking to offer about $33,500 (Edmunds TMV of $35225 less rebate of $1500). Any thoughts on price?
Car Man, would appreciate knowing money factor/residual and -- if possible-- lease payment based on $33,500. Many thanks.
Using these numbers, an MSRP of $38,225 and a selling price of $33,500, I estimate that this truck would have a zero down, pre-tax monthly payment of around $411...assuming that you qualify for its top credit tier.
Car_man
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Murano LE Platinum package in upstate NY. Received quote two ways:
both: money factor =.00074, MSRP 44160, Sales price 40660 (incl Nissan $2500 rebate)
1. 12000 mi/yr, 1st month plus DMV, roll in taxes payment $555.28/mo residual $20755
2. 25000 mi/yr ($0.10/mi) 1st month plus DMV, roll in taxes payment $655.43 residual $17063
From the posts I saw for other models this money factor is much higher. Is that because of the model or am I being scammed? Credit score > 800.
Thanks!
Using these numbers, an MSRP of $39,865 and a selling price of $34,209, I estimate that this vehicle's zero down, pre-tax monthly payment would be around $389.
Car_man
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i leased my car at 2010 and i am currently out of lease right now.
my original term was 39month and i got out of lease at 22 month.
its been almost a month that i returned car.
when i was process early termination, i talked to NMAC and dealer and they informed me that i have to pay: early termination fee and excess mileage/ or wear reposition fee.
i got the quote of $2536.71 for termination fee so i paid it before inspection.
i schedule the date for inspection and $0.00 was my quote. car was in great condition and i did not have over mileage.
so i scheduled return with dealership and made a return on june 2012.
now i am in out of country working and today, i heard that i got a mail from NMAC that i have to pay them $3514.05
it came from out of no where. i was expecting reposition fee but i got the bill saying that i have to pay
$6050.76(unsatisfied contract obligation+ disposition fee)-$2536.71(termination fee)= $3514.05
i do not understand why i got this bill because i asked same question every single times that i talked to NMAC and dealer that "what are the payment do i have to pay if i want to terminate contract early?"
they never mentioned "unsatisfied contract obligation"
the reason why i choose early termination was that fee was way cheaper than payment that i have remaining
now if i pay $3514.05 it will be almost same as remaining payment at that time.
i did as clear as i can processing termination because i do not want my credit score to be hurt
the bill that is more than early termination fee is unexceptable for me and i can not understand why this is happening.
i ve read contract so many times but i still do not get why i am getting this bill.
what should i do? is this what it suppose be?
please help me . i could called NMAC but its sunday in US so i am posting a message.
thank you please help
What is a good sales price for the vehicle?
What is the current money factor for 39 month/12k lease?
What is the current residual % for a 39 month/12k lease?
Are these rates good into August, or only through July?
Also, what is NMAC offering in customer cash? I was told $1500. I am not currently in a Nissan lease so I know I won't qualify for loyalty program.
Thanks.
What you were told about the $1,500 cash incentive on leases of this this vehicle is correct, but this cash is only available in certain regions.
Car_man
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Do you know what the Nissan Motor Acceptance Corp.'s August buy rate lease money factor and residual value for a 39-month lease of a 2012 Murano SL with 12K miles in NJ?
Thanks
Nissan Motor Acceptance Corp.'s August buy rate lease money factor and residual value for a 39-month lease of a 2012 Murano SL AWD with 12,000 miles per year are .00078 and 52%, respectively for consumers who qualify for its top credit tier.
Car_man
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The numbers for an otherwise identical 39-month lease are .00078 and 49%.
Car_man
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What are OCTOBER numbers for 36 and 39 month leases with 15k miles per year. Much thanks!
My lease expires in May of 2014.
I was just wondering if I was going to take a big hit if I were to trade it in on a 2013 Dodge Ram when available.
Do I have any room to negotiate with anything, or should I just wait out the lease and see if Nissan gives me any incentives on the Titan?
The current buyout is $25102.
The numbers for an otherwise identical 39-month lease are .00078 and 48%.
Car_man
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Thanks!
The numbers for an otherwise identical 39-month lease are .00163 and 54%.
There is lease cash and bonus cash on this vehicle that varies depending upon where you live. What state are you in?
Car_man
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Trying to make sense of these numbers is giving me a headache, I never tried to work out MFs and costs before so I guess the dealers have been getting over on me.
I'm in NYC, and hoping for a 2013 but after going to a couple of dealers, they seem to be pushing the 2012 old inventory. The deals they are offering do not seem that great.
Are you aware of any current incentives or promotions or any coming up for either year?
Would you have any approximate prices/monthly payments I should be looking for?
Thanks!
If you're not familiar with exactly how leasing works, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
You can find some sample lease payments for the Murano by visiting http://www.nissanusa.com/ and entering your zip code. If you are in an area that has a decent level of competition you should be able to beat any advertised lease.
In your area, Nissan is providing a $1,000 cash incentive on leases of the 2013 Murano and $1,500 on the 2012 Murano in your area right now.
Keep in mind that according to my crystal ball Nissan is going to introduce a $500 bonus cash incentive on both models later this week.
Car_man
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One Nissan dealer told me that he believes an early lease termination program will start up sometime in January, so now I have a tough decision to make.
I'm going to check the nissanusa link now.
Thanks again!
I'm still in the dark with the factor pricing, but I bit the bullet and came home with a Super Black SL AWD with Nav. Came with crossbars for the roof rack, mud flaps, mats, and cargo cover.
Paying $439 for 39 months with total out of pocket 1st payment of $2500. I am located in NYC, and turned in my old 2010 SL AWD lease(with 22K) 2 months early. The dealer bought out the lease and is selling it on its used car division. Hope this info helps someone!