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2013 and earlier Nissan Murano Lease Questions
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
For the 2010 LE model AWD RSP of $38,980 and 39 months lease with 12K miles they asked for $2000 down including inception fees and $620 per month - since there were "no manufacturer incentives". Residual was quoted as 49%. As I left they offered $595 per month. That would include 7% NJ taxes.
Look like November will be a slow dealer month at those prices. Anway, I put out information requests to the 4 dealers in my local area.
I can wait until March If I need to, so I will wait and see how the market develops, did enjoy driving the car though.
I ended up leasing an Acura MDX, arguably a better car (but with worse gas mileage). I posted my lease deal in the MDX Lease forum. The MDX lease was much less than the Murano LE.
By the way, I did have a dealer who offered to sell me an SL-360 and he would parts order the actual LE wood inserts and have the body shop install the wood inserts, e.g. this is Nissan genuine parts, not an aftermarket wood trip applique. He was charging about $450 for this.
His wife can't get in the vehicle, too many memories. She thinks it's too big and expensive $359/month, and wants something smaller. We tried calling Nissan Leasing to find what the options are going forward. Since she is not ready to decide, we would not give up the name for fear of immediate cancellation, so Nissan wasn't very interested in talking to us. We tried the salesman and he just referred us to Nissan Leasing. The leasor is Nissan Leasing.
According to the lease, death cancels the deal. What we need to know is:
Will they allow her to assume the lease in her name?
Will they allow her to trade the lease for something smaller, the Murano for a Rogue?
What is the cost of termination going to be if the vehicle is returned to the lot? Not in exact dollars, but are the criteria? Miles driven x $.xx ? Difference between lease value and resale value? $0, just return the vehicle? Other ? Fees, etc. It's not clear in the written agreement.
Thanks
I'm not sure if they will let her transfer the lease to her name, but it sounds as though she would like a smaller vehicle anyhow so she may just be better off walking away from this lease and leasing something new in a separate deal.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
MSRP: $30940
Selling Price: $27743 (Includes $750 rebate, invoice is $28493)
Dealer fees: $1145 (Includes $595 acquisition, $175 tags, 1st payment)
Residual: 53% ($16398)
Money Factor: .00147 (3.52%)
Trade allowance: $8350
Trade payoff: $7785 (+565 equity)
$1000 Out of pocket to cover dealer fees.
39 Month 12,000 mile lease for $344.40 per month before 9% sales tax. $375.40 with tax. The dealer did not have a glacier pearl (color) on his lot and this is what we wanted. I found one on a lot about 125 miles away that he is going to get it tomorrow or Wednesday. I should be signing the paperwork on Friday. I inquired about a disposition fee and he said Nissan's is $395. I going to try to have them stike this from the deal. An acquisition fee of $595 should be plenty.
Also feel I did pretty good on the trade in with Nissan. Most dealers were only offering Kelly Blue Book value of $6500. Edmunds and NADA Valued it at $8300 and $8150 respectively. I also paid for a 24 access to Galves as I know many dealers here in PA use them when pricing trades. Sure, they would quote me kbb but I watched them look it up on Galves. A one day subcripiton ($4.95) was plenty and they valued the trade between $8100 for average and $9100 for retail ready. $8350 was good for me as it needs two new front tires.
Thanks!
Since we're now into December, can you tell me the December Money Factor and residual rates for a 2009 and 2010 Murano SL with 15,000 miles a year at 36-39 months?
thanks!
Thanks
thanks a lot
also, leasing 101, you never lease longer than the factory warranty period, which for Nissan is 36 months; you definitely don't want to be leasing something you don't own for almost 10 months after the warranty period has ended; your just asking for trouble there and you definitely don't want to be putting any money into the vehicle, God for bid something went or broke, that you don't even own
Also, at those insane prices they are quoting you, you could be in an EX35 or RDX for the same if not a little bit less money and for the same price you'll be in a luxury division and higher quality model which you obviously wouldn't be with the Murano
I've read on the EX35 blogs that Infiniti is giving some insane deals on the 2009 EX's so you might want to check them out! best of luck to you
TALC
One of the last offers that I got
Selling price is 33,438 and msrp is 36775. I think I suppose to be able to do a little better (another 1000 off)
As per dealer my monthly suppose to be 465 (I don't have any idea how did he calculate it)As per my calculation it suppose to be 480
Anyway I'll try to get it for 440
Nissan isn't providing lease support on the 2009 Murano any longer, so if really you want to lease you would be better off going with a 2010 model.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical lease of a 2010 Murano LE AWD are .00199 and 49%.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
SL 2010 AWD
MSRP 36775
Sale price 33438
36 months /12,000 miles
484 plus taxes
Total out of pocket:2700 (taxes, plus other fees)
Is it a good deal?
Using MF of 0.00199
and residual of 52%
For Murano SL 2010 AWD with Tech Package, MSRP: $37,000
Sale Price: $34,518
39 month / 12K miles
$489 per month.
Total out of pocket: $2,300 for taxes/fees
Money factor is like carman quoted .00199 and 53% residual.
Is this a good deal? I'm getting desperate here, my Murano 06 Lease is almost up (Jan. 15) and I can't afford anything more than $420 a month
What region are you in? If in the NY NJ email me at cutco760@yahoo.com. I htink I may be able ot talk to the dealer who broker a sweet deal. Remember I was looking for that sweet deal. I got it. Maybe you can be the next one that I can send his way.
Happy hunting!!!
MSRP - $36,110
Sale price - $31,922 (includes leather, premium and moonroof packages, $800 destination charge)
Residual - $19,138
Money Factor - 0.00199
39 Months
12,000 Miles
My lease calculation is $429/month. They're sticking to $499/month. Think $450/month is reasonable, but would love to hear other thoughts.
thanks!
Let me now what your status is since today is the last day. I am sorry that I just saw your memo.
Also, any ideas if numbers will be better in Feb or March than they are now?
Thanks!
Nissan Motors Acceptance Corp.'s January buy rate lease money factor and residual value for a 36 month lease of a 2010 Murano SL 2WD with 15,000 miles per year are .00182 and 51%, respectively.
It's difficult to say what Nissan's March numbers will be like. Typically manufacturers ease off of their support a little bit at the beginning of the year after blowing out a ton of vehicles at year-end. This support often gets gradually reintroduced as spring approaches. There's no way to know whether Nissan's lease program on the Murano will be better in February or March than they are today, but there's certainly a chance that they will be.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
I see that Nissan has a $750 rebate in Georgia. Are their numbers the same for the 36 month lease of a 2010 Murano SL 2WD with 15,000 miles per year?
Can you also post numbers for FL & GA on 12K per year?
The residual value for an otherwise identical lease with only 12,000 miles per year is 1% higher.
Nissan is indeed providing a $750 cash incentive on leases of this vehicle right now in Florida. That cash is not however available in Georgia. The $750 in GA is available on cash purchases only, not leases.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
2999 down
299 a month
12K
What would be a good deal so i do not feel taken advantage by the dealers. I am very new to leasing.
Thanks in advance
In answer to your specific question about the Murano lease, manufacturers' official advertised lease payments usually leave a little meat on the bone so to speak. Savvy consumers who live in areas that have a decent level of competition are usually able to negotiate lower selling prices than the ones that were used to arrive at the advertised payment. Shop around for the lowest possible selling price on the Murano that you want and then have the dealer that you decide to go with work up a payment for you. Chances are that it will result in a lower payment than the ad.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
While your deal looks very attractive with a $299 monthly payment, I agree with "CAR_MAN" you need to do more research with other dealers in your area. Also find out if taxes/DMV and dealers fees are included in the deal. I leave in NJ and back in December went to get AWD Murano S 2010 and was quoted $425 monthly payment with $3500 amount of money down. You need to know what kind car you are getting AWD or FWD. What is included in the payment and what are you really paying for the car. We are always focussed on payments that meet our monthly budget, but the truth is, you want to get your car price as low as possible. Also find out what your costs will be at the end of the lease. Nobody likes to get a nice bill when turning in their car. Unhidden fees not disclosed upfront can seriously make you feel taken in the end. By the way, I went to 5 dealers after that first price quote and end up getting AWD 2010 SL (Moonroof package & Leather) for $430 with $4500 down. Yes, at first it catches that I am paying $5 more and put down $1000 more, but the car I got is obviously better than the base model in features and the overall price paid was $1200 under the invoice price. Whereas the first deal was almost $1000 over invoice. So while the offer appears sweet do not grab it and run without research as pointed by car-man you are likely to get a better deal. It took me 3 weeks and 5 dealers in NY & NJ to get a great deal. Best of luck and keep the forum posted.
They said the money factor for 39 months 12K per yr was .00204 Is this correct?
$552. per month. dont know the cap cost. This was all on a phone message so I am not sure about down payment,if any. Will know more tomorrow