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2013 and earlier Nissan Murano Lease Questions
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Comments
You definitely do not want to lease this truck for 48 months. Nissan is not currently providing lease support on 4 year leases of this model. As a result, its money factors for four year terms are significantly higher than they are for 36 or 39 month leases.
When negotiating the selling price for the Murano that you want to lease, make sure to take advantage of the $750 to $1,250 cash incentive that Nissan is currently providing on this model. The exact amount varies by region. If you tell me what state you are in, I can tell you what it is in your area.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
I have a trade-in valued at $1000 and zero cash down. FICO Tier 1 credit rating
The deal is fixed at $450 incl taxes.
Is that number on the higher side ? What should i be expecting as a residual percentage ?
It is always the same question but may I ask if you have the money factor/residual value for
- 39 month lease
- 2009 Murano LE AWD Nav/roof
- 12,000 miles/year?
Appreciate the info, as usual
Thanks for the info.
While signing the deal they added the DMV fees of approx 360. I had the first month due and DMV (450+360) added to the total which added around $20 every month. So i was at $470. And at the finale, the finance dude suckered me into opting for the additional 39 month Gold warranty Pkg which includes bumper-to-bumper, tyre's/Rim protection, Car rental during repairs, Road-Side Asst etc etc for an extra $30 a month.
I finally walked away (cant say happy or satisfied) with $500 a month for 39 months and just $500 towards the trade-in (which was a piece of junk really)
I just helped a friend sign a lease yesterday for a 2009 Murano (S AWD). It's $359/month and she paid $2845 in taxes, fees and title. There was apparently a $1250 rebate but they tried to offset that with a "transportation fee" of $605 and a "dealer's fee" of $329. We wanted to walk away the first time we saw the #'s but they took off the $605 (after much attitude). We're in NY so do those #'s make sense? Anyway, can she give the car back??
I see everyone talking about a lease factor and residual value - should I look for that on the lease or are those standard #'s from Nissan?
Car_man
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Either way, your friend cannot give their car back. Once they signed the lease agreement and physically drove the vehicle off of the lot the vehicle was theirs to keep for the duration of the lease. If she was not 100% comfortable with the deal, she should not have taken delivery of the car.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Would you know of any cash incentives on a 2009 Nissan Murano SL AWD in NY? Thanks! I am about to lease.
Kim
Thanks so much,
Kim
here's the deal 15K, 39 mos, $3,000 down= $380 per mo.
Is this a decent deal? I'll appreciate your opinions.
Thanks :shades:
Where did you get this lease?
2009 Murano SL AWD
Leather
360 Value Package
Premium
Carpeted Floor Mats
Splash Guards
MSRP $35,990
Sale Price $33,400
39 months, 12k/year
$400.14 plus PA sales tax (totals $436.00)
Due at Signing: $3,417.33
Residual/Buyout: 53%
Money Factor in Lease: 0.00199 (roughly 4.7%)
Any good?
Adjusted Capitalized Cost $31,425.82
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
As far as this deal goes, the best way to tell if one is getting a good deal on a leased vehicle is to look at the selling price that they are being charged in relation to either the vehicle's full MSRP or dealer invoice price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. One wouldn't pay cash for or finance a vehicle without knowing its price, leasing without the selling price is the same thing. Let us know what this truck's selling price is and I'm sure that either myself or another helpful community member will gladly let you know what they think.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
I have a 2006 Murano with a lease maturity at 12/5/09. The Nissan dealer says I can get out of my lease now and get a new Murano.
Is your answer to kimmyp the same for me: e.g. she is not getting a good deal with 2 months left on her lease because the dealer is picking up the payments. OR is my situation different because I am currently in a Nissan with NMAC and attempting to purchase/lease a new Nissan.
I think that 19076 is great for this car with only 25k miles on it, so I plan on buying it. I think the residual was low. Also, there are no fees to purchase it if I deal direct with NMAC and use my own loan or cash. The dealer would charge $150 in fees (or possibly more)
I am curious whether there are figures on expected residual for 3 years from now, on a 6 year old car. Trying to figure out what it will be worth in 3 years if I want to sell it to compared it to the option of leasing again. It is in great shape, and I thi nk it seems financially irresponsible to spend an extra 15,000 just to have the same car but new.
Any thoughts?
down. I currently have 4 months at 465/month left on it. Is this a good deal? Can I do better for all those packages?
Is NMAC offering any incentives to existing lease customers to lease a new Nissan (or Infiniti)? I know that I can turn in the car toward a new lease up to 90 days before maturity, but I was wondering if there are any other incentives. Also, does NMAC waive any fees other than security deposit for re-leases?
Also, are there any fees (other than excessive wear/tear, etc.) assessed by NMAC or the dealer upon turning in a vehicle (regardless of whether or not I am leasing a new vehicle)?
Thanks.
You are correct that the deals are not as good, but in reality, it is 3+ years later and remarkably the MSRP on the Muranos are virtually the same, or less. I am looking at an SL-AWD 360 and both the MSRP and sales price are lower than those on my 2006 SL-AWD.
The big difference seems to be the money factor. In 2006 I got 0.00042 (1.1%). Today, the best I can get is 0.00164 (3.94%). My residual today is slightly higher (53% vs. 50% in 2006); but that does not change the pricing that much.
There seems to be a real shortage of Muranos on the lots these days. That may also be affecting the prices.
As for negotiating the residual/buyout price, I don't think that can be done, neither at the time of leasing nor at the time of lease maturity. I have leased several times and never had any luck.
I was paying $437/month for a 42 month, 15k lease on my 2006 Murano with nothing down, and sales tax rolled in. I just leased a 2009 for 39 months, 12K (the lower mileage is not a concern of mine) for $495, also with nothing done and sales tax rolled in. Nissan waived the last 3 months of my payments on my 2006. I would have liked to pay about 20 bucks a month less, but that wasn't happening.
Murano SL AWD - 15k miles per year
360 Package
Premium Pack
Leather Pack
Splash Guards
Floor mats
MSRP 35925
Cap Cost 34000 (trying to get this down)
Term:39 months
Residual 52%
Money Factor .00164 (3.94%)
TTL - $1004.94 (paying this upfront + 1st payment)
*$0 Down otherwise*
$507.94 per month.
Good deal? How low can I get them to go on cost of vehicle? Can I get close to invoice?
Thanks, Joe
I shopped this deal to 2 other dealers and one came down on cap cost to 32725 (150 or so below invoice)
He did this after I told him the original dealer was going to come down to 33250 (the original dealer said he would meet me half way to invoice from 34k)
However, my car won't be in for 10 days. They aren't getting it from another dealer, but from Nissan as their last order of 09's. Since it's not even on the lot yet, he's got 90 days of holdback to play with.
I think that's why he sold it under invoice.
They told me if I went from a Murano into a Maxima they could give me a bigger incentive on the new Maxima. But I didn't want a Maxima.
MSRP = $36,060
360 Package
Leather
Premium
Splash Guards
Mats
12k per year
$1,800 Total Out of Pocket (Drive Away)
$455 per month
So we settle for the same car but on silver, 360 value with black leather int, bose, bluetooth, dual moonroof, etc.
MSRP 36,950, $3000 out of pocket, 15k per year $375 per month.
I tell you it's hard finding these muranos these days and some dealers seem to use that to their advantage. I've been getting quotes from $430 with nothing down, to low $500. Guess you really have to shop around these days.
09 Murano AWD with 360/leather/premium/floormats/illuminiated door sills
MSRP $36,205
Sales price of $33,000
Lease is 39 months, 12k a year, nothing due at signing, payment of $499 including 5% sales tax.
Good deal? Don't hold back.
Unless I am mistaken, this is a great deal. I would love to see the numbers backing it up. On my lease calculator (using 0.00164 and 53%) I can't get the numbers below $575/mo excluding any sales tax. That capitalizes only the NMAC $595 lease acquisition fee. So you are saying with "nothing due at signing" they are capitalizing all the dealer fees, TTL, etc.?
Is there a trade in with some equity you are not disclosing? If not, walk in right now with the 1st month payment and take the deal!
09 SL AWD, 360 Package, Leather, Premium, floor mats, splash guards.
MSRP 35,925 Invoice 32,906 Sale 33,000-$750= 32,250 Final Price.
Paying taxes and fees upfront equals $2790 with $1000 down for a total of $3790 due at signing.
Monthly payment would be $398, 39 month lease.
I think the price is fair but what i want to know is if the $2790 for taxes and fees sound right. I haven't signed the lease yet since i have to wait for the car to come in, therefore i don't have the numbers breakdown. I was told though that the buyout would be $19,040.
Any ideas?