2013 and earlier Nissan Murano Lease Questions

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Comments

  • jayriderjayrider Member Posts: 3,602
    What was the actual price of the car - the money factor - the residual? Does sound like a good deal.
  • ppgaffppgaff Member Posts: 2
    The cap cost was 28,500, MF .00209,with a 56% residual. I think we could've gotten a few bucks more shaved off but really wanted the blue with tan leather and it was last one on lot in our area that wasn't an LE.
    Loved the LE but they wouldn't budge on the lease at all and at something like $569/mo I'm goin' for a Lexus.
  • jayriderjayrider Member Posts: 3,602
    You have the best color/interior , like mine. My deal was a bit better on the cap with the moonroof but my payments would have been $480 for my 36 month/36k mile deal. Had to pay 6.5% sales tax on the cap up front. Put a bunch down -- rookie mistake-- so payments are $340. Looks like you did real well.
  • ChiefRockaChiefRocka Member Posts: 2
    I'm living in the Pittsburgh area and interested in leasing a Murano SL AWD with the Premium and Leather packages. Considering the Tech package and dual panel moonroof. Here is my initial quote from a dealer...

    Murano SL with all premium, leather,tech and moon roof. MSRP $36,590
    39 month lease 12,000 miles
    $487.53 per month with $1423.53 due
    Payment and fees include tax there is nothing extra.

    What kind of deal could I get if these are my stipulations...no more the first payment down, 39 month lease, 15,000 miles/yr.

    Any info would be helpful as I am a first time lessee and new to the game.
  • jayriderjayrider Member Posts: 3,602
    The deal seems fair. You might want to ask for the numbers for 36 months [payment will be higher] which keeps you inside the warranty[worth it]. At 39k you might have tire issues as well -- depends. You can roll those fees into the payment -- it will go up some as well. So -- get the payments for 36 months with all fees included and compare. Also ask for the residual %- the money factor- and cap cost. I believe you are getting a decent deal -- you might ask for oil changes every 3750 miles. My dealer does that -- he gets you on tire rotations [7500miles] but also has a record of service when the car is turned in. I grew up in Greensburg on chipped ham sandwiches.
  • tonyktonyk Member Posts: 10
    I picked up Murano here in Pa. on Nov. 26th with same options and mine included Tech and moonroof. I was Nissan customer so got $1000 leas loyalty on top as well. With 39 month and 15,000 year, I paid $600ish out of pocket and my payment is $405/month includes tax. Black on Black and got for $3000 under invoice.
  • kris113kris113 Member Posts: 20
    TonyK -- Do you mind letting me know what dealership you went to to get such a great deal? I live in Brooklyn but would be willing to buy in PA to save some money. I was looking at the SL AWD with only the Premimum and Leather Packages and 10,000 miles a year and a Brooklyn dealer quoted me over $500 a month......which was crazy!!
  • jenntljenntl Member Posts: 33
    I don't need DVD or nav but want everything else. Am in the Seattle area. Just want to make sure I get a decent deal. Thanks much!
  • jayriderjayrider Member Posts: 3,602
    The most important item that needs to be addressed in leasing a LE, is negotiating a great price. The Depreciation factor is higher than the sl or s but I think the money factor is the same. One poster got $5700 off msrp on a LE that listed for 38k. That would be a nice target but Seattle might be less accomodating. Good luck.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi bajaspeed. It's not quite before the first, but here's the latest info if you're interested. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2009 Murano SL FWD with 15,000 miles per year are .00154 and 51%, respectively. The money factor for a 12k lease is the same, but the residual value is 1% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • jenntljenntl Member Posts: 33
    Here's what I've been quoted...tell me what you think.

    LE Model
    35023 Sale Price
    555 Payment
    830 Down
    49% Residual
    18654 Residual
  • jayriderjayrider Member Posts: 3,602
    MSRP please? How many months and how many miles?
  • jenntljenntl Member Posts: 33
    I didn't appear to write down the MSRP. Shoot - minor detail. :) 15k miles, 36 months.
  • jayriderjayrider Member Posts: 3,602
    So what was the msrp -- it is a major detail because how far below msrp is a key factor.
  • jenntljenntl Member Posts: 33
    Easy there - just had to call them back and get it...$40,495.
  • jenntljenntl Member Posts: 33
    Strike that - they just called back and corrected. $38070 was the MSRP.

    thanks
  • jayriderjayrider Member Posts: 3,602
    There is a $500 rebate on muranos so you might want to make sure you get that if it applies to leases. The deal is super if it includes sales tax. If not, you need to figure what it is divide by 36 and add it to your payment. In Illinois that would mean another $62 per month. Now your in BMW X5 ,mercedes ml350 , lexus 350,acura mdx territory. You have more options but if you like the murano, go for it and enjoy!! It's only money and getting a bit better deal would probably take work. [stress+anxiety= xanax] If you live near NYC there are some remarkable deals through leasing companies on everything but muranos.
  • jenntljenntl Member Posts: 33
    The monthly payments I listed included sales tax.
  • jayriderjayrider Member Posts: 3,602
    Excellent deal -- congratulations!! My sl awd msrp was about 34k bought for 29k and with tax -- 480 3 year 36k miles. Your deal is much better --- you can negotiate my next car. You might ask for complimentary oil changes every 3750 miles. Not a big deal but something. You might also ask for free tire rotations every 7500 miles[didn't get that] . Tell them you will give them an especially good report card when Nissan sends it to you.
  • jenntljenntl Member Posts: 33
    Thanks! Makes me feel better. Another forum said they didn't think it was a very good deal, which I was surprised at. Will definitely try for the oil changes and/or tire rotations. Thank again for your feedback!
  • jayriderjayrider Member Posts: 3,602
    It's a great deal for a Murano LE. They feel that there are better cars that can be leased for that payment. But the most important factor is what you want not what they think you should want.hopefully you won't be surprised with any oops we forgot this or that. Stay aware that some dealers may try that. If the deal you have is in writing and signed by the mgr, you will be fine. Enjoy your new ride.
  • jenntljenntl Member Posts: 33
    Oh - and they said that the $500 rebate ended on the 5th I believe. At least on the lease side.
  • jayriderjayrider Member Posts: 3,602
    The $500 rebate is for purchase only. Please post how things went after you complete the deal and have your murano in the driveway.
  • jenntljenntl Member Posts: 33
    Saw this lease price on another site. Anyone see any truth to this for an LE? A lot higher residual and lower cap cost than I have been quoted.

    09 Murano LE AWD No Navigation.
    Leasing for 39 months 15K/year miles
    MSRP $37,700
    Cap Cost $33,640
    56% residual
    .0025 MF
    $500 downpayment to cover 1st month and reg fee
  • jenntljenntl Member Posts: 33
    Now Bellevue Nissan has stated that they don't have the vehicle I want (duh - they've known that) and unless I lock into one of the two they do have (don't like either color option) they'd have to go out and get it and it will have a later build date and be anywhere from $900-$1800 more on MSRP than what they quoted. This is why people dislike dealers so much. Why can't they be up front and not try to pull a switch if they've pretty much got a done deal?!
  • jayriderjayrider Member Posts: 3,602
    jenntl -- are you turning in a murano for another one ? If so, you can terminate your lease 3-6 months early with no penalty. If they actually give you that deal you posted, I would get it now. The leasing market is deteriorating because the depreciation factors are worsening -- especially with an 09 as the 2010's are not far off. Your LE had a cap cost 6K higher than mine and your payments with tax are only $75 more. I guess you got 1k for renewal but that deal is great for a loaded LE. As the economy keeps tanking, the leases are probably going to be less attractive. Audi and bmw leases are tanking so nissan could be next. Just a thought -- could be wrong.
  • jenntljenntl Member Posts: 33
    Nope - turning in a Passat on the 5th. I don't want Black on Black or White with Beige. I'd be happy to lock in now for the car I've been telling them I wanted for several weeks.
  • jayriderjayrider Member Posts: 3,602
    How did you like your passat? the 4motion wagon looks great. The jetta I drove was nice but the seats were too narrow [no comment ,please] but the passat looks a bit bigger.
  • jenntljenntl Member Posts: 33
    I miss my previous Passat. This one just never clicked with me and I had a number of very annoying, goofy things go wrong on it. I'm done with VW for awhile.
  • jenntljenntl Member Posts: 33
    So found the car I want at another dealership. The owner's wife is currently driving it. 3k miles on it. Any idea what I should get off $$-wise to get into that one?
  • jayriderjayrider Member Posts: 3,602
    Shoot for at least $6500 off msrp. Then you have to see if they match the lease deal you got from the other dealer. $5500 off an LE is a given -- have seen 6k off so try for another 500 but be ready for shenanigans on the lease deal.
  • jenntljenntl Member Posts: 33
    Can't seem to get them to budge from this but considering this is the only one in the state I could find in this color combo and w/o dvd or nav...I think I'm doing OK. Thoughts? Might give them the deposit today and go get it next weekend. About 2 1/2 hrs away.

    MSRP $38,635.00
    Sale Price $33,800.00
    Payment including tax $ 545.87
    Residual 49%
    Residual $18931.15
    Down $698.37
    15k Miles
  • jayriderjayrider Member Posts: 3,602
    There is probably $5-700 at least to fight about but you seem to have found the one you want and the deal seems decent so you have to decide what to do. For a 38k msrp and a poor 49% residual your payments are pretty good with only $700 down. Why not throw in the $700 into the lease and drive off with zero down for a few dollars more. Considering the dismal future for lease deals in general, this one seems very good. Good Luck!!
  • LASpursLASpurs Member Posts: 13
    Hi there,

    I am currently in a lease of an Infiniti G35 that is due to expire in about 6 months. I am looking to lease a Murano and was wondering if anyone had any good experiences in the L.A. area with dealers? I am friends with some people that work at Nissan corporate so I hope to get a VPP deal to get the lease payment down.

    I am looking to lease a Murano LE over 36 months, with as little $$$ down as possible, on about 12,000 miles a year.

    I had a look at a BMW X3 yesterday and was wondering if anyone here knew approximately how much the cost of servicing the Murano would be year on year? BMW include servicing within their costs so I was wondering if it made more sense to pay slightly more than the Murano per month and get the servicing included.

    I have been told if I move onto another Nissan or Infiniti ending the lease early shouldn't be a huge problem as new car sales are so dire at the moment. I am also way low on my lease miles of my G35 (about 22k after 3 years on a 39 month, 15,000 miles a year lease) :)

    Thanks in advance for any advice :shades:
  • jayriderjayrider Member Posts: 3,602
    Service on muranos for the first 3 years consists of oil changes and tire rotations. Some dealers will include the oil changes during the warranty if pressed. I would think that would be pretty likely in these times if you ask for it. Service costs shouldn't be an issue for either car. Get the one you want.
  • LASpursLASpurs Member Posts: 13
    Thanks Jayrider, well the maintenance schedule must be very different for the Murano as my G35 seems to need to be serviced every 4k miles and some of those services have cost me in excess of $250!!!

    If it is an oil change and rotation that's great. Not such a big issue, the high maintenance costs of the Infiniti made me think that was standard across Nissan's and Infiniti's.
  • jayriderjayrider Member Posts: 3,602
    oil & filter every 3750k and rotations every 7500 miles. Watchout for the dealer recommended service packages --- padded big time. Just go by the manual.
  • LASpursLASpurs Member Posts: 13
    Thanks! :D
  • jayriderjayrider Member Posts: 3,602
    Check out ridewithg.com for lease numbers on 09 muranos. His pricing at invoice is of course way off because people are buying for thousands less but the lease numbers are reasonable.
  • jenntljenntl Member Posts: 33
    So what is the story on residuals? The dealership we plan on going with is quoting 49% yet another that is trying to get our business is saying 54%. Only "big" difference that I can see is that the 1st car as 4800 miles on it. They said the lease will start once I sign on the dotted line but are they allowed to change that %?
  • jayriderjayrider Member Posts: 3,602
    The residual appears to be 50% for 3 years on an LE. 54% is better as long as the money factor matches up with ride with g. It may change in feb. The car with miles is assigned a lower residual but if the selling price is lower it might balance out. Use the formula to calculate your lease on both. Of course, you want one more than the other so pick your poisen.
  • jenntljenntl Member Posts: 33
    The dealership confused an SL with an LE. Scary. We won't be going with them.
  • petrus36petrus36 Member Posts: 20
    Leasing a 09 Murano SL AWD with prem pkg, leather pkg, dual moonroof, 39 months, 15k annually, $2,000 total drive off (includes fee, first month, and 6% taxes we have to pay up front) for $419 month! That is the best I have seen. Supposed to pick up the car on Saturday. I was told SL has higher residual then LE.
  • gino45gino45 Member Posts: 52
    No Technology Pkg?

    My deal is: 2009 SL AWD, Prem pkg, Tech pkg, Leather pkg. 12,000K, 39 months,
    $0 down (except for 1st payement, bank fee and tax.
    $405. per month.

    Is this good?
  • jkenleyjkenley Member Posts: 64
    What was your MSRP's? I will be going in and negotiating tomorrow.
  • gino45gino45 Member Posts: 52
    I don't do it that way, since it is a lease. Maybe I am wrong but I just try to shop and get the best deal.
  • petrus36petrus36 Member Posts: 20
    I don't care about MSRP either, I only care what my total out of pocket is and my payment. I ended up getting tech package as well, cause they couldn't locate a car in my color combo without it, but I had to go to $429/month.
    Sounds like you got a steal! What part of the country?
  • jkenleyjkenley Member Posts: 64
    I am asking for msrp's just to see the comparison price vs what I am looking for. I am looking for a fully loaded LE, MSRP about $40K, will negotiate price from there. It will give me an idea of payments that's why I was just asking MSRP, just to help me with my mental math.

    Ok, then if you could, can you post what you paid for the car? Thanks so much.
  • jkenleyjkenley Member Posts: 64
    Does anyone know the MF on the LE's?
  • jayriderjayrider Member Posts: 3,602
    .00154 = mf
This discussion has been closed.

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