2013 and earlier Nissan Murano Lease Questions

petrus36

I don't know the MSRP, going to the dealer tomorrow morning. I am getting SL, not LE, so it won't be the same.

pmman

Ok, I want to lease 09 SL AWD with moon roof,leather, tech & premium. I need to know what info to go into dealership with to neg my lease. I have seen people paying $409 & $429 which I would be happy with. I went into a dealership asking for comparable price and they said they couldn't come close. I obviously didn't have good enough reasons to justify any numbers.

pmman

Just to let you know I was quoted

2009 SL AWD Moonroof, leather, premium, technology packages, in color of choice
$470 month for 39 months. $0 down, taxes rolled in. First payment, doc fee $150, license & title $105. Money factor 0.00154, residual 55%. ACQ fee $595.
Sell price $31,150. $1411 under invoice.

gino45

The dealer called today and said they do not have my car of choice in stock. They wanted to know if I would accept another color, I said no. We will have to see if they are trying to reneg on the deal.

jkenley

Thanks Jayrider!

jenntl

Went with McCord Nissan-Dodge in Longview, WA

Picked up my Tinted Bronze, Black int LE (no nav or dvd) today. Does have the cargo area protector, illuminated doors and roof rack cross bars. Best overall experience to date. Did all negotiating via email and phone and were in and out of the dealership within an hour. Drove 2 1/2 hrs for it. (one way)

MSRP $38,635
Sale price $33,500
Residual 49%
Rolled my licensing into the lease
Paid first payment as the down
39 mo @ 15k miles
Mo payment including taxes $543.54

rmendonca

My deal is: 2009 SL FWD, Prem pkg, Tech pkg, Leather pkg. and dual monnroof 12,000K, 39 months,
$1000 down
$475. per month. w/ taxes
MSRP $35,215
Price $31,688
Residual 51%


Is this good for Southern California?

petrus36

Picked up the car yesterday, it is awesome. LOVE the SAT radio, I won't even use my ipod in this car. MSRP was $36,400. It is an SL, AWD, Prem, Tech, Leather, and moonroof, mudguards. I gave $2000 total out of pocket(which included fees, taxes (6% in VT),first month) my payments are $429 for 39 months, 15K mileage. I did NOT opt for the extended warranty but they pushed it pretty hard, as they said this car has 6 different computer hard drives that can go on the fritz after the 36,000/mile warranty is up. I guess I am taking my chances. I couldn't get other dealers anywhere much below $500/month. I guess these guys were hungry?

jkenley

Does anyone know when the 2010 models come out? My current lease ends in May and if the 2010's come out before then, I expect better deals on the 2009's.

jayrider

You can re-lease another murano with no penalty 3-6 months before your current lease runs out. At least that was the finance guy at the dealership told me. Don't know if the numbers make sense because I haven't run them.

avtopilot

Please, let me know what do you think of this deal:
Murano 2009 SL tech pkg&premium pkg &leather pkg & splash grds & floor mats
MSRP $36,355 Sale $32,926 Down: 1st month pmnt + bank fee ($595) + dmv ($275) Money factor=.00154 15K per year

If 36 months: monthly pmnt :$479; if 39 -- $459

Thanks soo much! Luv edmunds, so helpful!

LASpurs

Earlier today I went to a Nissan dealer here in the L.A. area. I was quoted:-

Murano 2009 LE

MSRP approx $40,000. $4,800 down and $565 a month for 39 months!!!

Can anyone quite believe that? He thought it was a great deal too!!

That $4,800 does include the last 6 months lease of my current Infiniti at about $500 a month..... That's more expensive than a comparative offer on an FX 35.

:confuse:

jkenley

I was quoted that same payment, $565, 30 months for an LE at $40,495 MSRP. Selling it to me for $500 over invoice with only about $1500 out of pocket for all the fees, 1st months payment, etc., no cap cost reduction. So in comparison to your deal, it's pretty much the same minus the extra $3,000 to get out of your lease. we too thought it wasn't a great deal and this was in NC. Oh, the MF was .00154.

LASpurs

Incredible.

Especially considering the $535 a month deal on the Infiniti website for a 36 month, 10,000 mile a year lease on the FX 35 AWD (with Premium & Tech package)!!! For that price there is no question between the two vehicles which I would choose!

gino45

Has anyone leased a Murano from a bank other than Nissan?

LASpurs

I'm not sure you can? Can you?

jkenley

I meant 39 month lease. The special MF rate is at 39 months. Hmm I'll have to check out the FX, however I didn't even go there because of it's size, I need something bigger for my family.

I know you can lease an Acura MDX for $499/month, 39 mo lease, MSRP about $40k.

cheermom2

I have a Murano lease that is up in less then 2 mos which i had originally leased for 25k mi/yr. I didn't end up coming close to using them all (have 25k left) and I want to lease another Murano. A dealer said he could give me a tax credit for my remaining miles and it would cover the remaining payments I have on it. He wants me to trade it in before the end of the month due to some sale they have going on. I don't have a problem waiting until my lease expires, but I don't know if there is any benefit turning it now. I will be lowering my lease payment with a new car so the monthly payment will go down if i do it now. Is there such a thing as tax credits and would i get them if i wait until the lease expires or do i need to do it in congunction with another lease contract?

LASpurs

Interesting, thanks. My current lease expires in about 6 months time so I'll have a look at the MDX too!

CarMan@Edmunds

Congratulations on getting your new Murano, jenntl. Thanks for taking the time to share the details of your lease with everyone. If you'd like, you can hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your new ride :shades: !

Car_man
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Prices Paid: Buying & Leasing Experiences Forum

kevin86

I was hoping I could get some feedback/experiences from people who might have done this. I am currently 18 months into a 39 month lease on a 2007 SL. If I approached the dealer to turn in this lease early to upgrade to a lease on a 2009, would they bite? I'm thinking in these economic times they might be interested in getting a new sale. Any feedback? Thanks.

jayrider

I would be surprised if it would something they would be interested in doing but why not ask the sales manager. There are differences in the 09's but essentially the cars are very similar so what is your motivation to swap?

JaraU2

ok, this is what I have been offered on a 2009 SL AWD, premium and leather packages:

MSRP $34815
nothing down
12,000 miles
residual 55%
money factor .00154
39 months
$475/mo including sales tax at 8% in NYS

jayrider

Back in october my murano sl awd equipped like yours plus the sunroof --msrp'd for 34300.My negotiated price was 29200. My deal with tax was $480 for 36 months which keeps me under the warranty. Sales tax was 6.5%. my residual was a bit higher but my money factor was also higher. I got free oil changes every 37.5k miles You might ask for that and tell them you need the payment to be $425. The customer lounge had free starbucks coffee and if the recession causes them to switch to folgers, I'm gonna sue!

jkenley

Can you please tell me what optiions are on this vehicle and what did you actually pay for this car.

JaraU2

I haven't closed on the deal yet. I am looking at a 2009 Murano with leather and premium package. It does have the dual power moonroof (I failed to put that in my first post). The MSRP is $34,815. Lease includes 12,000 miles/year for $475 a month for 39 months, nothing down, payment includes sales tax at 8%.

They also called yesterday and offered me $500 at signing to reimburse me for my last payment on my current lease (2006 Pathfinder). Not sure why they didn't roll this into the Murano offer. I assume its just another trick.

I will definitely ask for free oil changes today, I figure it can't hurt. I also need to ask what the overage charge is on the miles just in case I go over.

jkenley

Since there are so many smart people one here, I wanted to ask this question to all of you to see what your opinion is.

We have 3 more months left on our current lease. Since the mf rate right now for a murano is .00154 which is pretty good for this economy, should we bite the bullet and lease a murano now? I do believe this incentive ends in late March and if so, by then we will have only 2 more payments left.

I know cars are not selling, but the market is also moving away from leasing. Lexus for example is selling their 09's for $10k below msrp but their mf and rates are very high which make the payments absurdly high. I just don't want that to happen to Nissan. So what do you think, take a $1000 loss (not what we want to do) and get a nissan now or wait it out until May until the end of our lease and take the risk? Opinions please.

jayrider

Great lease deals seem to be gone. Good deals are available but only on certain models so selection is limited. The benefit of leasing vs buying has become less definitive in this market. I would check some of the leasing companies like straightlease.com or payless auto leasing. You can also check swapalease.com to get an idea of what's available. Mostly 08's on these sites but you have to scour the offerings for the good deals. Nothing much on muranos but audi q7, mercedes ml 350, acura mdx and lexus rx are prevalent. You can call and check the details. Have fun.

jkenley

Ok, I talked to straightlease.com and here is what they quoted:
SL FWD
leather
tech pkg
moon roof
prem pkg
Nav MSRP $37750
Selling price: $33905
Lease payment is $457 for 39 months
$478 for 36 months. Need to add 3% NC tax to that
I need to pay $2913, $1095 for shipping and the rest is tax, tag, 1st, no cap cost reduction.

Anyone use them before? Sounds like a good deal, I just have a hard time with the $1095 shipping. I can easily put that money down for cap cost reduction and get the car locally. Opinions please!

jayrider

Try vipautony.com -- lots closer to your home. Shop the deal to them. You will love the ny accents and the web site says they will beat any deal. They post 0 down deals and one is an 09 mercedes ml 350 for $499 for 33 months. Don't post mileage allowance but they are sweet rides. Let us know what transpires. The shipping seems about 3-4 hundred too high from straight lease. Go with the 36 month lease in any case -- keeps you within the warranty til you turn it in.

jkenley

Thanks jayrider. BTW, I am a transplanted New Yorker so I am well aware of the accents!:) Are they a legitimate business? Thanks, you've been a great help and I will post the deal as soon as I get it.

jayrider

Don't know anything about the business -- you should be able to check them out if you think they are a player for your money. For a few hundred bucks there are ways to insure you are protected -- escrow services will hold your money until everything is kosher. Speaking of kosher, don't forget a corned beef on rye -- the real stuff. Wouldn't even have to have it shipped. Just fly in and visit relatives. They might be a resource as well.

medtech

I went to a dealer today and test drove an 09 Murano and loved it. I've been searching on-line so I was able to go into this with alot of knowledge. I want an LE with the dual moonroofs. So here's the deal they offered me:

MSRP - 38,600
Selling price - 37,500
Residual - 49%
MF - 0.00284
Down payment - 1200
length - 39mos
Monthly payment - 698.00

Well after he saw the look on my face he knew the deal was off. I told him before I spent that much for a Nissan. I'd get a fully loaded BMW X3....Am I wrong or did Nissan just post a huge double digit loss?

Why is the LE rates and residual so much more than the SL? It does not make sense to me. I've leased several times before so I'm not that new to it all. Any one else lease an LE that would like to share what they paid. Mind you that dealership had NO traffic with only one sales person working the floor and no customers in the service department.

jkenley

That is an awful deal. Just tonight I was quoted an LE with moon roof AND Nav, Msrp $40k with no cap cost reduction and the lease payments were $560 for 39 months. The selling price was $36450.

Not sure what the dealership was trying to do but they are making a bunch of money off of you for that deal.

Yes Nissan did post double digit loss however the Murano is one of their best performing cars.

whitall

I have an 06 Merlot SL, sun roof, leather, 6CD. I have a 39 month lease up in October, pretty sure I have 39000 mile to use. As of today I have 20,500.

I am WAY under. My buy out is 16,900 I believe. I know that is a good price to buy that car at my mileage and the dealer would probably love to have it back. I think they could sell it for much more as it is still great condition, few stone chips (tiny) in hood and a few tiny scratches-normal stuff. Very clean, no smoking or small children.

I plan to buy it out as of right now. My lease was based on a negotiated price of about 200 over invoice.

Any suggestions on if or how I can work this economy or my low mileage in my favor??? They sure aren't getting it back when I haven't used all I paid for, and then let them "sell" those miles from approx 25k to 39K again by getting a great used car price.

Finally, I'd like to get the extended warranty if I keep it. Suggestions? Do I need it?

CarMan@Edmunds

Hi whitall. Unfortunately, the fact that you got a great deal on the selling price of your Murano has nothing to do with its end-of-term purchase option price. Vehicles' residual values, and in turn their lease-end purchase prices are based upon a percentage of their full MSRPs.

More often than not banks will not negotiate the purchase prices of vehicles at lease end...but that doesn't mean that you shouldn't try. Place a call directly to NMAC to see if they will be willing to work with you. Again chances are they won't, but you don't have anything to lose by trying. If your initial contact there is unwilling to work with you, try working your way up the corporate ladder to a manager. Lessees occasionally have better luck with them. Whatever you do, definitely do not tell them that you are way under your vehicle's allotted mileage. That will make it more desirable for them and they may decide that they want it back. Give the impression that you are right around your mileage allowance.

Car_man
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Prices Paid: Buying & Leasing Experiences Forum

cbt91

Now that we are in the month of March, any new Nissan incentives to be on the lookout for?

And here's a current offer I have received (including all the detail I have at this time):

Murano SL FWD
MSRP $33495
w/ Leather, Premium Pkg and Tech Pkg
39mos/12Kmi
$500 down / $500 per month
(includes TX sales taxes, fees, etc. and them picking up my final Altima lease payment of $305)

Other offers from same dealer on same model type (SL FWD, Lthr, Premium, Tech):

w/ DVD = $525 down / $525 mo. (MSRP: $35,700)
w/moonroof & NAV = $550 down / $550 mo. (MSRP: $36,945)

Do any of these offers sound reasonable? I'm thinking I could do better by at least walking out with nothing down like I would prefer.

Thanks!

jayrider

$500 down is almost zero down for 39 months. The deal sounds gret to me.

cmmarsch

Here is what I have been offered for 39 month lease 12K miles 0 down and I would love any thoughts :

Murano 09 LE AWD
MSRP 40650
Price 37250 (a few bucks below invoice of 37275)
money factor 0.00137
residual 49%
payments $509 per month at first payment down.

OR

Murano SL 09 AWD with tech leather nav etc
MSRP 38565
price 35140 (just below invoice at 36151)
money factor 0.00137
residual 54%
$594 per month (first payment down)

These sound like good deals but i haven't shopped around at all and would just like some thoughts before i seriously consider pulling the trigger

Part of the confusion is that I am also looking at a lexus IS250
with 0 down and to lease that at 48 months 0 down 12K miles
is only 497/month.

jayrider

A loaded LE should be discounted at least 5k.

cmmarsch

where does that info come from ?

I just need to know some more so I can go back to him and ask. sorry- i am totally clueless.

is that the "going rate"?? - he said the only money left is the owner's profit ...

should I go to another dealer ?

he implied below invoice was already insane ? not true ??

jayrider

If you read earlier posts people have gotten that discount easily if the dealer wants to sell. The dealer where I bought had 5k off signs on all his loaded LE's. He is still doing that. 1-2 grand under invoice is not unusual. You may have to work a bit. Email other dealers within 150-200 miles from where you live. If a salesperson is questioning your sanity, I would talk to the sales manager and/or visit another dealer. There are much better prices on loaded muranos. You just have to find them. For example -- herb gordon nissan in maryland has several le's with 4 grand off on his website. Don't know anything about him -- I live in Illinois. The thing is if you can buy at this time you should get at least 4-5 grand off that 40k LE.

cmmarsch

Ok great. Thanks for getting back to me. I will definitely check around.

where are you by chance ? i'm in indiana near chicago/michigan.

medtech

That money factor is excellent. The lowest I've been able to get is 0.00154. Like you I cannot get any dealer within 75 miles of me (Tampa, Fl) to come down much at all on an LE. I'm still trying though!

jayrider

I live about 5 hours from chicago. If you want to drive that far to save 5k let me know. Maybe your local dealer will match it but you get the same warranty no matter where you buy.

digger71az

I am just learning about leasing but I must be missing something on those two Murano quotes..

Vehicle 1 has a higher price and lower residual
Vehicle 2 has a lower price and higher residual

How is the payment on Vehicle 2 more??

get_it_guy

I was told that the January rates that were extended into Feb have pretty much remained in March. They are available at http://www.ridewithg.com/index.php/2009/01/09-nissan-murano-lease-rate-for-janua- ry-2009/

I was educated why lease buy-outs at discount are not happening now. The manufacturers had no trouble getting insurance on the residuals they offered through early 2008. One of the reasons lease programs are drying up is because the coverage is either unavailable today or prohibitively expensive. So the manufacturer finance companies now have to carry the risk or pay dearly for cover.

Evidently the deals at auction are pretty sweet and you see many quality used vehicles being offered by dealers where they are able to make more money than on the new vehicle... plus people are inclined to buy extended warranties (or they're included in the premium markup).

Good luck,

medtech

Hopefully March will bring about some better deals. I'm having no luck getting a dealer to even discount an LE down to invoice. Maybe Nissan's abysmal sales figures for february will change that. Nissan sales were down 35% compared to Feb 08 with the Murano down 40% for that same period. Thats a huge jump compared to Jan sales were the Murano was only down 8% compared to jan 08. More Muranos on dealer lots and in the ports may equate to some better deals. Thats probably why residuals and money factors have pretty much remained constant since january.

jayrider

medtech---get busy online --there are dealers offering 4k off LE's with prices posted online. Deal only with internet departments and you can find aan excellent deal. If you lived in st. louis you could get 5k off without even negotiating. Get to work. The deals won't come to you --- you have to go after them. The best deals are online not in the showroom.

md_outback

Hey medtech, I have to agree with jayrider - look for deals online. In the MD / PA area you can find great deals at fitzmall.com (PA) and CarMax in White Marsh, MD. LEs are listed at $4K to $5K below MSRP. Bring these deals to your local dealer to get them to move. Good luck.