Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options
2013 and earlier Nissan Murano Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
I made a mistake in my previous post. THe selling price of the Murano is 33K. To summarize: its a 42 month lease/17K miles a year. The payment is 360/month tax inclusive (though I got suckered for the extended warranty which added an extra 17 on the day I leased it so its 377 now). I put 4K down (1500 for initial costs, 2500 for cost reduction). Let me know what you think.
Jason
You seem to be real helpful around here, so I'd like to get some info from you. My wife and I are looking at trading in her 2004 VW jetta 1.8t for a 2005 Murano S AWD. We are hoping/assuming we should break even from what we owe to what it's worth. Her brother is a salesman for a local Nissan dealership, so we are hoping to get a pretty good lease deal. From what I gather here we SHOULD be able to get invoice from him as a selling price, since he works there and all. He's going to search for us at the moment to see if he can find a car in the area, but I was wondering what the money factor and residual is for a 2005 S AWD model for both a 39/42 month lease with 12k miles/year? Oh, and we are following your advice and are going to try and put nothing down for a down payment (just pay associated fees/first months payment) .
I calculated a payment using last month's money factor/residual but would like updated figures if you have them handy I'll report back when I get some initial numbers from him. Thanks in advance!
Thank you...
I have a question regarding the pros and cons of leasing a 2005 Murano vs. leasing a 2006 Murano.
The former should have a far better sale price, but the latter should have a better residual, shouldn't it? In, say, 36 months the 2006 will be 12 months 'newer' than the 2005.
Thus, by my thinking, the financed amount should be similar.
I am considering leasing a new Murano, and am questioning whether to jump in for an '05 now, or just be patient and pick up a 2006 within the next month or so.
Any advice?
Thanks for the great forum...
The two leases for November were as follows:
2005 Murano SL 2wd w/Mats, Splash Guards, Cargo
MSRP $29535
Net Cap cost $26,760
includes $550 non refundable acquisition fee
Monthly payments total $12558
At lease end purchase for $15,062.85 plus $150 purchase option fee
12k miles
42 months
$1999 intial payment
This is all the info that was given can I find out the money factor from this info?
How can I figure out what the one payment lease would be?
The other deal was
2005 Murano S 2wd w/convenience package, mats,spalsh guards
MSRP $28835
Net cap cost $25,990
Includes $550 non refundable acquistion fee
Monthly payments total $12,138
Purchase at lease end for $14,705.85 plus $150 purchase option fee
12k miles
42 months
$1999 intial payment
Now- I priced a new 2006 (arriving at the dealer on the 15th) SL touring (comes standard with rear assist camera and color screen) at 31,777 Platinum/Black. That's the purchase price I was quoted.
So I'm at a loss. Wait for the 06 and buy----or lease? Or wait for the 06 to see if the dealers will blow out the 05 with touring and tech??
A dealer called me today to say "let's get you out of the market- what can I do to make this deal". I asked for the 2005 SL 2WD Black/Charcoal touring, tech sticker at 36,700, offered at 32,500 for 30,000. We'll see.
Thoughts??Help?
thanks!!
I just traded in a 2000 Honda Odyssey EX on a 2005 Murano. I have never actually traded a vehicle since it is against my religion but I was very desperate to get rid of this van. It had 128,600 miles, I was on the third transmission, it had a cracked windshield, and damaged passenger door, and one on the automatic doors did not work, and I owed more on the van than it was worth. Just to fix the automatic door alone would have cost me close to $800.
I owed $9853 on the van.
Trade Value for "Good Condition": $7015
I did a 42 month / 15,000 mile per year lease.
MSRP on 2005 SL Murano: $34,365
Residual Value $17,182.50 plus purchase option of $150
Touring Package
Floor Mats
Splash Guards
Cargo Protector
Roof Rail Crossbars
I paid $3000 down which included first months payment, security deposit, and acquisition fee. They had to get it from a dealer 400 miles away.
My payments are $445 per month for a 42 month 15,000 mile per year lease plus they paid off my van. I was offered a 12,000 mile / year lease without them paying off my van for $400 per month.
Did I do the right thing by trading in my vehicle that I was desperately ready to get rid of?
Thank you!
The new lease out by Nissan is $359 mo/42 lease + taxes
I was offered about the same today for a 2006 SL AWD touring package. The numbers worked out to $384-398 a month with a 42 month lease....and they wanted $3334 down at signing. I'm thinking of haggling a bit on the money down as I have read a few of your replies that say this is unnecessary.
Let me know what you think Car Man...Thanks!!!
Thanks!
I was researching on Edmunds and saw your post. I am also new to leasing and have been looking for a Murano. I was curious to what Car Man e-mailed in reply to your posting. I was at two different dealerships today. One I spent a while haggling at, the other I didn't. Bottom line, here is the deal I was offered:
2006 SL AWD with the Touring Package for $377 per mo. payment (includes taxes)with $2784 down (includes down payment, tax, plates, docs, and 1st mo. payment). 42 month lease with 12K per year.
How does that compare?
So which is better looking for a 36 mo or 42 mo lease.
and what are the fixed cost assocated with a lease
ie: tax , tags
42 month lease
Selling Price: $27,249 (approx. $450 under invoice)
Net Cap Cost: $27,799 (includes the $550 acq. fee)
Money Factor: 0.00050
Residual (12,000 miles per year): 53% of MSRP ($15,990.10)
with only first payment & plate fees due at delivery (total of $521.01)
41 remaining payments of $333.36, which includes all taxes (Sales & PA Useage)
All is the same for Tier 2 credit, exc. money factor goes to .00065 so the monthly payment is $340 after taxes.
Any comments???
I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your Murano would be exactly the same, regardless of whether you had put several thousand dollars down, or had made absolutely no down payment at all.
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Let me know these two numbers and I will tell you what I think.
Car_man
Host
Smart Shopper / Prices Paid Forums
You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion on the deal that you were quoted if you let me know what these numbers are.
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Related to this meaasage, my ife wants to unload her 2004 Mazda RX-8 for a '06 Murano. We have adealer that told us since we're upside down on the RX-8 we should probably lease. I know very little about leasing but that sounds likea possibility. Do you have any suggestions as far as dealing with the dealership?
Thanks!
I am far from being an expert at this but I just leased a 2005 Murano three weeks ago. I was in a similar situation as you were. I had a 2000 Honda Odyssey that I was upside down on. I owed $3000 more than the trade-in value. This was because I had re-financed it a couple of times over a five year period. I first negotiated the price of the Murano to what I thought was a fair price. I also negotiated from 12K miles per year to 15K miles per year at the same price. This is a 42 month lease.
I then told them that I would lease the vehicle if they paid off my Odyssey. They acted like they didn't want it since it had 128,000 miles on it but I told them that if they were willing to pay it off then I wasn't willing to do business. They finally agreed to it but with the trade-in I ended up paying about 40 more dollars per month than if I had not traded it.
This is the first time that I have traded a vehicle. I don't usually do this but since I was already in the whole and since the Odyssey had so many things wrong with it I was desperate to get rid of it.
Good luck and keep us posted on what you decide.
Looking for advice!
2006 SL AWD w/ touring, mats, splash guards, sunroof wind deflector - 42 months $359/mo with $2,399 initial pymt which includes down pymt and $359 first pymt
MSRP $36,175, Acutual capitalized cost $32,215, includes $550 acquisition fee
Monthly payments total $15,078
Murano 2005 SL MSRP is 35,900
Total down was 2500
My monthly payment is $355 for 42 month lease - 15k miles per year.
What do you think?
Thank You
2006 SL FWD & AWD 42 months 55% and .00126
36 months 58% and .00200
Thanks
Car_man
Host
Smart Shopper / Prices Paid Forums
As far as the down payment goes, consumers can and should lease any vehicle that they want without making any sort of cap cost reduction. In fact, it is in your best interest not to make a down payment when leasing. Of course, eliminating the down payment from this advertised lease will make its monthly payment increase unless you can negotiate a lower selling price. While there is usually a little meat left on the bone with manufacturers' advertised lease payments, I doubt that you will be able to negotiate a selling price that is two grand lower than the one that was used in this lease.
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
This is all the information I could get from the dealer, I tried to follow previous posts and get as much information as you would need. Thanks!!
Is this a good deal?
MSRP: $36,185
Selling price: $32,869
42 months, 12k yr.
$1,000 down, $413 month after tax, title, etc.
Should I accept this offer or would I be better off negotiating a price without mentioning my place of employment (from what I understand, once I say that I am employed by this company, all negotiations are off and this is my price)? Is this any better than the current lease special? Also, should I expect to get Kelly Blue Book trade in value from a trade in? '04 Chevy Trailblazer, KBB trade in valuation in good condition = $17,400. Best offer I have received (without trying to negotiate) is $13,000. Thanks again for all of your advice!
I was hoping you could give me the current money factor and residual on a 2006 Nissan Murano S FWD band AWD for 42 months at 15k miles per year.
Also, please let me know if the money factor includes some type of security deposit.
Thanks for all your help as we still try to decide on what SUV we want!
Thanks,
Philip
I was given the following lease numbers for a 2006 SE AWD:
MSRP $37800
selling price around $35000
42 mos - 380
39 mos - $420
out of pocket - 1st month & taxes
Is it preferable to pay taxes up front or put them into the lease? do you think this is a good deal? Thanks.
Thanks.
Did you do this? I've been looking at the same deal and want to know if you were able to negotiate at all on the cap cost. Because it seems to be just $584 over invoice, I figured that would be the best I could get, especially since the cap cost includes a $550 acquisition fee. Wondering if you were able to swing anything better since the deal expires tomorrow.
Add-ons
Destination Charges 650
SL Touring Pkg 4600
Vehicle dynamic control Pkg 750
Carpeted mats 90
Cargo area protector 80
Splash guards 120
Sunroof wind deflector 90
Total $36,935
Residual $19,994
(residual at end of 48 month lease on 2003 is $16,591)
Agreed upon selling price $35,835
Acquisition fee 550 (what is this?)
Service contract 688
Total $37,073
They figured my payments through Nissan at 502.24 for 42 months
Included is 15,000 miles per year
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
2006 Murano SL AWD w/ Touring Pkg, Splash Guard, Cargo Protect, Sunroof Wind Deflector & mats Lease - 42 MONTHS - $359/MONTH - $2,399/INITIAL PAYMENT
Excludes taxes, title, and license. $2,399 initial payment required at consummation. (Includes $2,040 consumer down payment, $359 first month payment, $0 security deposit).
2006 Murano SL AWD w/ Touring Pkg, Splash Guards, Cargo Protect, Sunroof Wind Deflector & mats model 7816 subject to availability to qualified lessees through Nissan-Infiniti LT. $36,175 MSRP includes destination charge. Net capitalized cost of $32,215 includes a $550 non-refundable acquisition fee. Dealer contribution may affect actual price set by dealer. Monthly payments total $15,078.00. At lease end, purchase for $19,172.75, plus $150 purchase option fee (except KS & WI), plus tax, or pay excess wear and tear plus $0.15 per mile for mileage over 12,000 miles per year. Lessee is responsible for maintenance and repairs. See participating Dealer for details. Offer ends 1/31/2006.
MSRP 27600
cap cost 26324
aquisition fee 550
Tx, mlawdawg
Can you tell me NMAC's current money factor and residual on 06 Murano S FWD for 36 and 42 mons?
I was quoted .00094 on 36 and .00170 on 42.
The 06 Murano S FWD MSRP is 27600; cap cost 26324; aqu fee 550
Tx,
mlawdawg