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Comments
My goal is to finance 7,000 upon the sales. I want no additional features figured in to the sales contract. I want this vehicle as it is as far as I am concerned, the ultimate driving machine.
Any advice for a serious buyer?
Why not consider selling the Altima yourself to make up the difference between invoice on the SL and what you are being told the vehicle will sell for?
Thanks for all your help.
I have gotten my deal on a 2005 SL with SL leather FWD down to
600 down 1st payment included 375 a month taxes included. Essentialy a sign and drive, from a volume dealer here in Florida. I was assured this was a zero deal and could not be beat. Msrp 33100. Invoice shown to me was 29640. I am able to do it at this price do you feel this is a good deal since I am saving 1100 down payment, even though the payment is slightly higher than we had previoudly discussed. The payment sounds good however there is still 500 in pinstripes I feel I could work with since I really do not like yhe stripes.
be firm but polite about not wanting pinstripes. hopefully they succumb and either get you a new murano, or don't charge you for them!
good luck! you'll love the murano!
-thene
Thank you for your quick response. I want this 2005 Nissan Murano, SL/2wd, no additional features are required. This vehicle as it stands is and has it all and would meet my needs. The original negotiation price for the Murano was 25,500 with an agreed price for my 2002 Nissan Altima was 14,000 due to low mileage and mint condition. The next step taken was a cash down payment of 6,000, financing request of 7,000 for 60 months which would have been agreeable and I could have signed on to the deal.
I was informed by the various National Automobile Dealerships that I should not have to pay more than invoice because this would be an Internet pricing, which lowers the price and that it creates less time between dealer and buyer. But, when the smart-[non-permissible content removed] salesman started the configuration of the numbers, his figures just didn't jive with the original pricing. I guess that he thought since I was a woman that I wouldn't notice. I have never, between, all dealerships having conflicting prices; and I have never had such a negative experience in arriving at purchasing a new car. Usually, in the past I simply walk in to a dealership and after choosing the car of choice, paperwork, I walk out driving the car out of the dealership lot. HAPPY!!
I realize that if I were to place my Altima on the market myself that I would probably sell it at a higher price or my original asking price. I would be very happy to receive what I set out to sell the car for. One dealership supervisor of new/used cars said that the Altima would be perfect for their own use and they would not be placing the car on the lot for sale to the public.
What am I to do? You seem up to speed in this subject.
Also, I received just this week an email from a dealership pricing on a 2005 Nissan Murano, S, 2wd for 23,400, there is just not that much disparity in price elevation for a SL versus an S.
I do believe that I should go back to two of the original dealerships and inform them that I expect to be able to drive out with my choice. I probably should warn them that I expect results by telephone or email. What do you think?
Thank you so much for your interest. I reside in the Nashville, Tennessee area. I am willing to travel within a reasonable distance to achieve what I want and am a serious buyer. I have been interested in the Murano for two years and have decided to take the plunge, providing the price is right.
My 2002 Altima is in showroom condition with less than 14,000 mileage, this car is a desirable vehicle and should move quickly. The only reason for making the switchover is that I am so totally sold on the Murano, the Murano is one great driving machine. It has it ALL!!
Do NOT go to Mossy Nissan, they are a rip off, these cars are going for invoice, and Mossy is charging $1,000 - 1,500 over.
I went to Pacific Nissan, during the price negotiation, they quoted me a pretty high price. I simply told them I was looking for the best deal and they didn't budge on the price much.
I then sent an e-mail price request to about 15 dealers in LA. I called my sales person from Pacific Nissan and told him I fond a car in LA and I was going to get it tomorrow unless he could BEAT (not match) the deal. They beat it (by $10 a month), he even had to go to another dealer to get the color (Sunlit Copper) I wanted.
I am leasing a FWD SL Murano with touring package, floor mats, splash guards, cargo protector for $384 a month (with tax). 12k miles a year, 36 months and $720 out the door.
If you get a solid response from anyone, you should tell them that the deal is contingent on getting a reasonable price on your used car. They will want to go over it anyway. The trade-in is a complication because it brings in an element that can't be negotiated on-line but, if your price is fair for a dealer trade, stick to it. It's reasonable to assume that, if you've gotten a decent price quote on the car, they may try to undercut you on the trade. Decide what you can live with and what you can't. Based on your previous experience, it seems like you'd be better off staying out of the dealership until you've at least negotiated a price, and make sure it includes everything. Whatever you do, just try, through preparation and sticking to your guns, to reduce the chance of a flim flam at the dealership. Try to walk in there from the start with something in writing that breaks down every aspect of the car's price. That way you have only have to deal with the trade. If they deviate from what they sent you, or introduce "new" charges, walk like you did before.
He has stated that he is willing to sell me the 2005 Nissan Murano, SL, 2wd, no other accessories for $25,500.00. I have a trade in with a 2002 Nissan Altima, S and am holding firm for the value of $l4,000.00, with a cash down payment of $6,000.00. The outcome being that I want to finance (60 months) the amount of $8,000.00, is this feasible?
Please reply.
Invoice Pricing $25,500.00
Trade-In Allowance $13,000.00
Rebate $500.00
Dealer Holdback $600.00
Cash Down Payment $6,000.00
Total To Be Financed $8,500.00 this includes, tax, license (drive out)
So, what do you think is this a deal or what, your advice is required, please. I was told by the salesperson that he has 6 of the Murano SL's available in the color of the exterior and the interior, not on his lot. He stated that he would arrange to pick up the car from another location, also, he mentioned that I could reserve the vehicle for a non-refundable fee of $200.00 to bring the vehicle to his lot for me to view. I want buy anything without seeing it first, would you? That fee for retrieval as I realize is for the salesperson's time and that would not figure in the above drive-out price.
I will await for your answer and will not answer the phone until such time that I hear back from you. I did send out an email stating that I would be willing to finance the financing of $8,500.00 and have not heard back from the dealership. I will just count on my Caller-ID and not answer because, since being in contact with the first dealership, I was informed by another dealership that I could purchase the vehicle for $25,300.00. I have an idea that sales are really down and with the new 2006 models to be unveiled on or around September or October, these dealerships don't want the 2005's in their inventory. With gas prices increasing at the pumps, I think that people interested in Murano type of vehicles are holding back in buying until they see what happens to oil prices.
I don't know what your state tax rate is either, but you should! If it's, say, 6%, that gets us up pretty close to the financed amount, but as I suggested earlier, IMO you need to sit down a list specifically every charge involved in the purchase and see how you got from 25,500 for the car to 27,500 --which looks like what you will be out of pocket. I also hope you know the interest rate on the loan, and that it's reasonable. In other words, you should be adding the price of the vehicle, the state tax, your "tag" fee, and be able to get very close to (I think) 27,500. Then see iif you are being charged a "processing fee" for the difference and what that is. Hopefully it will work out.
Try and find out what dealer has the color combo you want. Chances are it is not far away. You can go to nissan.com and search the dealers inventory. It might take you some time because you have to search each dealer separately But you might find your exact color at a dealer not far away. If you do, phone that dealer and tell them price quote you have and see if they will match (or beat) it.
05 frontier 4x4nismo auto
utility bed package
audio package
floor mats
microfilter
side airbag package
traction package
50s50 stateemission
price 25734.00 claims its 300 over invoice
this price is in ny
can anyone help
'05 SL in Black w/ Touring Pkg, sunroof wind deflector, roof rail crossbars, mud flaps, cargo area protector and mats.
MSRP $34,340
Paid $29,373 (plus TT&L)
the car was so new that it still had the plastic on the hood, bumpers and interior. 7 miles
The internet guy basically explained to me the holdback process and on the Murano it was roughly $1100. He sold me the car at $1000 below invoice plus the $500 rebate. On top of that I haggled over all the extra crap that I did not want to pay for...floor mats, mud flaps, etc..which was another $416 (cost). I told the guy to take that junk off, I would not pay for it. We settled on the price stated above which is $1916 below cost ($1000 below plus rebate plus $416 in options other than the touring pkg)). It was an easy process. Got it at month end, which may have helped. One other thing to note is that the dealership was running their truck month special , where they were basically trying to sell just about all the trucks they could.
Would you mind telling us which dealer? I'm in Austin, but we only have 2 dealers, and I won't set foot in one of 'em, so I may have to road trip at buying time (end of year)...
Making the deal:
How much of the process was via email, and how much in person? Did they make the first offer, and was it in the ball park, or did you have to grind them pretty hard (how many offers went back and forth)? How low was your initial offer (I'm apprehensive about starting at 29.5 to end up around 30 when the invoice is almost 31.3)? Did they try any add-ons, doc fee, advertising fee, other dealer profit items?
As you can tell, I'm looking for your negotiating strategy as well as price. I appreciate any additional info.
Making the deal:
80% of the process was via e-mail. Here is what you do. E-mail the internet dept. They will work off of invoice and not sticker like the lots salesmen. Tell them your ready to buy and let them know that you know the invoice and rebate/special financing. Tell them to give you their best price. It was pretty simple for me, may have been the timing..not sure. The key is that you have to be ready to buy. They want to hear that you will buy ASAP. The deal was not hard cause the invoice, rebate, and holdback were known. Now most of the dealerships will tell you there is no way they sell a car below cost. But honestly they can and will..it just depends on the supply/demand of the vehicle and timing. The only haggle I had to do was w/ the options I discussed. Took about 15 mins to close the deal. Tax is 6.25% Title and liscence were a lil over $200 and that was it. No other hidden fees or add-ons. No dealer profit items (not sure what that is).. Went to financing for the final paperwork, tried to sell me every exteded warranty known to man, declinded them all and that was it. Good luck.
Of course the Austin dealer will get my service work but there's not much I can do about that.
Thanks
-Dimitry
:mad:
Thanks for the reassurance. I just like to be more knowledgeable next time I have to go through this experience. It is always a learning experience the first time.
BTW, the dealership is Norris Nissan West in Ellicott City, MD. Its interesting because I did so much information on the car and got the best deal but did very little on the lease and I think they made all the money back on my lease.
Thanks
-Dimitry
sorry to hear about that. for future reference, on a lease, its best to put down as little money as possible. just inception fees is best (because you don't keep the car in the end, so its just money wasted)
also, nissan currently has special lease rates on its vehicles (including Murano), and none of them are at 42 months. your best leases will be 36-39 months, with the occasional 24 months. had you gone 36 months, the money factor would have been .00077 - but obviously they didn't want to tell you that. also, with nissan at least, when we run a special lease, they don't let us mark up the money factor. residual is off limits as well.
sorry you had a bad experience, but enjoy your vehicle - and you've learned a lesson for next time!
good luck!
-thene
I'm thinking of buying the last week in December (I know, that seems like it's WAY off in the future, but I've got to pay off my car and save up for a hefty down payment). Just trying to do my homework and have a better grasp on the whole process.
Thanks again.
I have the phone number staring at me now, but, I cannot post it as it goes against the policy of Edmunds. You should ask for Internet sales and state the price quote given to me for $23,400.00. If you live within this area, you should get a firm quote and possibly think about driving from where you live to Nashville.
Good luck, it pays to shop around.
l
is the money factor on the June lease special .00077 or .00092? I am in negotiations with a cleveland-area dealer who told me that it was .00092. When I put that into my figures I was able to come up with the pre-tax payment of 359 on the Murano SL that is featured on the Nissan website's financing page. I'm assuming a residual value of 59% on a 12K lease and 58% on a 15K lease. Am I doing something wrong; if not what accounts for the difference between the money factors? Any info would be appreciated. Thanks
Aaron
hope that helps!
-thene
-thene
I have a St. Louis area dealer who is quoting:
Blue 2WD SL with Touring Package. 15K/year 3 year Lease
Price 30,761 with MSRP of $33,880
Residual 58% =$19650.40
Money Factor of .00092
Sale tax = $28.59 month
Acquisition Fee: $500
Doc Fee: $214.00
Due at Signing First Month of $412.38
Monthly Lease Payment $412.58
Can you tell me if this sounds like a fair deal?
Thanks,
Swoop
The price that had been discussed by one of the dealerships that I was interacting with is: $25,199.00 minus my trade in for the agreed price is: $13,500.00. The salesman will be sending the car out for my husband and myself to visibly see and to agree upon on Monday, June 27, 2005. I, with the agreement, bring the sale to its finality. Where upon, my shopping will be over once and for all on this vehicle of interest.
If anyone else resides in the Nashville, Tennessee area, I would suggest to you that you contact the Internet Sales Department of Mike Creque Nissan of Cool Springs. At this point no other dealership is able to match the invoice price for a 2005 Nissan Murano, SL, Front-Wheel Driven vehicle. I might add to this that if you want to get the best gas mileage, you should purchase a front-wheel driven Murano.
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i would think nissan would continue on with the incentives that are currently in place, but you really never know - if you are considering making a purchase, i would go for it now - i dont think lease rates (in particular) will get any better with the 06 models just around the corner!
good luck!
-thene
I wood like to buy Nissan murano 2004SL AWD with touring package 100mi( it is new leftover) sticker 35010$. I have a quote 28000$. Is it a good price.
Your information here is very helpful. I am in NYC 8.325% tax and interested in leasing for 36 months a 2005 Murano SL with touring, versant, dynamic control, wood trim pkgs and I'd like to know how the dealer would figure out the lease price. I can get the invoice price for this vehicle with the pkgs. listed above but where do I find out the residual % (you listed 59% but where did you find that); what is the money factor and how do I calculate it into figuring the lease? :confuse:
thank you
cognac
http://64.233.179.104/search?q=cache:Tm6R6DqG_EoJ:www.leaseguide.com/lease08.htm+money+fac- tor+leasing&hl=en&ie=UTF-8
Go in educated so that you can determine if there were any mistakes, intentional or not.
Cognac
On June 28, 2005, I purchased my 2005 Murano for $25,200.00 and with deducting my trade-in value of $13,000.00, for my Altima 2002, the entire vehicle priced out of the lot for $13,000.00. EXCELLENT WORK ON MY PART.
I really love this entire vehicle, the way it performs and etc. and if you want further information, I just posted my experience in purchasing this gem of a SUV.
I made the correct steps in this final transaction.
Drove it on a vacation and then back to AK for 4500 miles with a mpg of 23.5. Overall I am pleased with it and the buying experience.