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2013 and earlier Nissan Murano Lease Questions
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2009 Nissan Murano Sl Awd, Leather, DVD, Tech,and Premium
The deal was:
2,800-includes taxes, first payment, and bank fee
450 a month for 39 months
12,000 miles a year
State- NY
MSRP was never discussed
Is this a good deal? Not sure. Thanks for any help you can give.
SL AWD with Leather package & Premium package
12K a year
Thanks.
My lease is up in Sept. on my 06 murano. Car has 13K miles. Residual (payoff at end of lease) is $19K. Do you think NMAC will negotiate? Thanks
I
Nissan is providing a $1,000 cash incentive on leases of this car in select regions.
Car_man
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My Murano 2006 lease is coming to an end on July 15. Due to unforeseen special circumstances, I am over the mileage limit by approx. 26,000 miles (0.20 cents for mile, approx $5,000) These same circumstances make my husband and I impossible to pay for this right now. Will Nissan Motor Acceptance work with us on this, like giving me a new loan for this amount? By the way, my credit that was great when I bought it, is terrible now.
Of course I will return the car.
Please help!!!!
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I called NMAC following your advice. Their policy is after returning the car I have 120 days to pay for miles, damages, etc. After this time the balance goes to collection with no chance of instalments. They wont help in any other way. :mad:
I hope this information is helpful to others in similar situations.
Thanks for your advice, at least now I know what it is going to happen.
Comments please
Like the acquisition fee, it's generally non-negotiable..
I'm not surprised your salesperson didn't know about it.. especially, if the change is recent for Nissan..
regards,
kyfdx
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Car_man
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Any advice would be great.
I have been give a price of $36,000 and a lease of 39 months 12,000 miles a year.
I would put 0 down and pay $599 a month including tax in the Orlando FL market.
Do you think I could do any better?
I have 2007 Murano SL (leather, dual zone a/c, sunroof) w 11,150 miles and $0.00 total damage assessed by AiM =Alliance Inspection Management. My Payoff quote is $21,323. I’m planning to lease 09 Murano for 3 years by the end of this month.
Do I have more negotiating power when I return a car like this to the dealership I will be leasing a new one from or they don’t really care? Thank you!
Looked up values on Edmunds and they show a trade in of 20,600, private of 22,800 and retail of 24,777. I don't think I can buy a good used car for less than 16,900. It would seem I could buy it out, then trade it in, and I'd do better than if I just turned it in. Is that possible?
Realized I threw a lot at you all, just wanted to see what everybody thinks about my situation.
Still think I'll just keep it, but always thinking and wondering.......
Also considering the extended warranty, gold preferred for $972 through an online Nissan dealer. It's a Nissan warranty. I'm going to try to get my local dealer to price match. I don't trust that backup camera/radio/climate screen not to go out on me. I have 3 weeks to decide on the warranty, 3 months to decide on the car.
Lease payments totalled 16349 including 1100 cap cost reduction. The buyout is 20222 including sales tax, for total payment of 36569 if I buy it out. If I put 10k down to buy it out and finance the rest I'd pay another 1k in interest for total of 37569.
If I had bought it up front for 34597 (including sales tax) and put 10k down, I'd have paid an extra 2,000 in interest, or a total of 36597.
So, it seems to me I paid 1,000 more to lease it. I had thought it was 500 when I did the deal, but probably forgot tax. OR I was figuring that my 10k down payment was in the bank, hoping to earn interest--which it did for a while locked in a CD of at least 4%., and my payments were lower.
I just wanted to know if I figured that right. I was hoping I did well on my lease. I know it was a low money factor and a good sales price, so I hope I"m right. I was willing to spend that 500-1000 for the security of being able to walk away if i wanted to. In essence, I took a 3 year test drive, and I liked the car!
PS. Real interest amounts may be different, but I used the same rate for both scenarios.
It's the worst time to buy one because prices are high and dealers aren't budging that much because Nissan literally shut down production since last year (not totally, but more than 60% offline). The even bought out employees at their plant in Georgia that worked on the truck & suv lines, as demand for larger vehicles had sunk dramatically, and they wanted to focus on smaller cars.
So, dealers wanted more Muranos not because demand was so strong, but because they shut production down so dramatically (there was still some Murano demand, obviously). I was specifically told some dealers had not received any Muranos in the last two months - not one.
They are now ramping production of the Murano way up again. I was also specifically told there will be a large allotment of Muranos shipped at the end of July. I can see paying way more now than in a few months, further exacerbating the depreciation. Ughhh.
My wife wants a Murano at the worst possible time. I'm trying to steer her to well-stocked competing vehicles.
Wish me luck.
You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values".
Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.
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Do you have the August MF for a 2009 Murano SL FWD. Also, the residual for 36 months and 15,000 miles/year?
If anybody has this it would be very helpful. Thanks :confuse:
S AWD = 36 months at 54% / .00164 MF (for 15,000 miles)
In California.
Do these seem acurate? And if so, why the big difference, my wife really wants leather and I can't believe the difference I will end up paying. Should I wait a month or two??
Please help.
You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different.
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What are the money factor and residuals for 2009 Murano LE AWD for a 39 month lease with 15,000 miles/yr. What would the factors be for a 48 month lease.