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Nissan Murano Prices Paid and Buying Experience

1936 messages,  Last post on Aug 21, 2008 at 12:08 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Nissan Murano, SUV

Did you get a good deal on your Murano?
Share your experience here!


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#1124 of 1936
Re: Quick Response Needed - '07 Murano SL Touring Pkg by willangela
Dec 13, 2006 (8:27 am)
Reply

Replying to: willangela (Dec 10, 2006 2:14 pm)

I talked to the Internet Salesperson at Superior Nissan in Charlotte, NC and this is what we've discussed on a '07 Murano SL T4 Touring Package/Silver with Cafe Latte interior (not wild about that combo) which includes: the premium, sunroof and leather package for $31,800. Total out the door price is $33,186 ($64 DMV, 3% sales tax and $389 processing fee). I want to get rid of the $389 processing fee but overall think it's a sweet deal. Any thoughts?
 
We have exceptional credit at 748 and 751 Experian and 781 on both for Equifax and TU. We're putting $0 down. Monthly $470 for a 39 month lease and $586 purchase. On the purchase, my calculation is different - $461 per month for 72 months and a lease of $470 appears to be high.
 
Please let me know what I'm missing on this transaction.
 
Thanks.
Angela
#1125 of 1936
Re: Quick Response Needed - '07 Murano SL Touring Pkg [willangela] by willangela
Dec 13, 2006 (1:52 pm)
Reply

Replying to: willangela (Dec 13, 2006 8:27 am)

I'll post the money factor, residual value on a 39 month lease with $0 down on a 12k and 15k mile lease shortly.
 
Thanks.
Angela
#1126 of 1936
Re: Quick Response Needed - '07 Murano SL Touring Pkg [willangela] by tanthony66
Dec 13, 2006 (5:10 pm)
Reply

Replying to: willangela (Dec 13, 2006 8:27 am)

Does your offer include a Navigation system? If so, thats a great price! If not, you could probably subtract an additional $500 IMO.
#1127 of 1936
Re: Quick Response Needed - '07 Murano SL Touring Pkg [willangela] by willangela
Dec 13, 2006 (9:03 pm)
Reply

Replying to: willangela (Dec 13, 2006 8:27 am)

Ok, I have more details on '07 Murano SL Touring Pkg w/12k miles, 39 month lease
 
Inception Fees: 451.01 1st month payment, 13.53 sales tax, 68.00 registration, 389 documentation fee) total $921.54
 
Money factor: .001440
Orig MSRP: 35,100
Max. Advance: $39,160 (what is this?)
Residual Value: 52% - $18,252.00
Annual Miles: 12,000
Mileage Adjustment: 1% - $351.00
Adjusted Residual Value: $18,603.00
 
Dealer Cost: 32,007
Selling Price: 31,807 (w/CarPerks discount)
Adj. Selling Price: $32,728.54
Assignment Fee: $550 (told this is what NMAC charges for the lease - how is that different than the 1st month's payment?)
Total Cap Cost: $33,278.54
Vehicle Mark-Up -200.00
Warranty Mark-up, paid reserve, dealer incentive, trade over allowance - all at zero
Total Profit: -200.00 (yeah right!)
 
Payment recap: $451.01+3% = 464.54 per month
 
That's on the 12k per year lease. What are your thoughts? I'll post the details for the 15k per year lease on another message to avoid confusion.
 
Thanks for your time everybody.
 
Angela
#1128 of 1936
Re: Quick Response Needed - '07 Murano SL Touring Pkg [willangela] by willangela
Dec 13, 2006 (9:07 pm)
Reply

Replying to: willangela (Dec 13, 2006 8:27 am)

Ok, I have more details on '07 Murano SL Touring Pkg w/15k miles, 39 month lease
  
Inception Fees: 459.74 1st month payment, 13.79 sales tax, 68.00 registration, 389 documentation fee) total $930.54
  
Money factor: .001440
Orig MSRP: 35,100
Max. Advance: $39,160 (what is this?)
Residual Value: 52% - $18,252.00
Annual Miles: 15,000
Mileage Adjustment: 1% - $0.00 (I'm sure this is wrong)
Adjusted Residual Value: $18,252.00 (I'm sure this is wrong)
  
Dealer Cost: 32,007
Selling Price: 31,807 (w/CarPerks discount)
Adj. Selling Price: $32,728.54
Assignment Fee: $550 (told this is what NMAC charges for the lease - how is that different than the 1st month's payment?)
Total Cap Cost: $33,278.54
Vehicle Mark-Up -200.00
Warranty Mark-up, paid reserve, dealer incentive, trade over allowance - all at zero
Total Profit: -200.00 (yeah right!)
  
Payment recap: $459.74+3% = 473.54 per month
  
That's on the 15k per year lease. What are your thoughts?

Thanks for your time everybody.
  
Angela
#1129 of 1936
Re: Murano Pricing [tmnjmax] by houstoncoog
Dec 13, 2006 (10:31 pm)
Reply

Replying to: tmnjmax (Dec 12, 2006 7:11 pm)

MSRP 28500
Selling was 26500 drive out.
#1130 of 1936
Re: Quick Response Needed - '07 Murano SL Touring Pkg [willangela] by kyfdx HOST
Dec 14, 2006 (4:56 am)
Reply

Replying to: willangela (Dec 13, 2006 9:07 pm)

Max advance.. This is the maximum that NMAC will allow for a gross cap cost on this particular vehicle. It doesn't apply in your case. If the vehicle sold for MSRP + fees + rolled over negative equity, etc, etc. then they might need that.
 
On the 15K vs. 12K lease... On the 12K lease, they adjust the residual up by 1%. No adjustment on the 15K lease as that is the standard mileage.. No mistake there. The residual value for 15K is 1% lower.
 
It looks like all of your inception fees, including the 1st payment have been rolled into the cap cost. Is this a sign and drive lease, with nothing due? Or, is there a NET cap cost hiding somewhere?
 
$550 fee to NMAC. This is standard on all leases. Sort of like an origination fee on a home mortgage. It is separate from your payment. It is strictly revenue for the finance company.
 
regards,
kyfdx
#1131 of 1936
Re: Quick Response Needed - '07 Murano SL Touring Pkg [kyfdx] by willangela
Dec 14, 2006 (10:25 am)
Reply

Replying to: kyfdx (Dec 14, 2006 4:56 am)

kyfdx,
 
Thanks for replying and clarifying the terms. How are my numbers am I good there? Room to negotiate more? Are the payment and terms good or should I look for better?
 
It's a sign and drive as far as I know. I'm confirming now.
 
Thanks again.
Angela
#1132 of 1936
Re: Quick Response Needed - '07 Murano SL Touring Pkg [willangela] by kyfdx HOST
Dec 14, 2006 (10:32 am)
Reply

Replying to: willangela (Dec 14, 2006 10:25 am)

I'm not up on selling prices for the Murano (look back over this discussion for that info).... and, I don't really know if those are the proper money factors, etc...
 
But, given their numbers, the lease payment is correct, right to the penny..
 
So.. you are on the right track.. Given the numbers quoted, you should be driving out with nothing due at signing... not even the first payment.
 
regards,
kyfdx
#1133 of 1936
Extended Warranty Prices by mekunsel1
Dec 15, 2006 (8:54 pm)
Reply
I saw someone say they got a 7yr/70K mile for just over $1200 for the Gold Preferred & $50 deductible.
 
I was just in at the dealer and they had a new finance person, so I decided to give it a shot...like someone else on the forum I have a Honda Odyssey and got a 7yr/75K warranty for about $900 a few years ago.
 
I got quoted $1091 for a 7yr/70K with $50 deductible; and
$1221 for the $0 deductible. For $130 over 4 more years of driving (I'm at 3 yrs in January), I would think that I'll get more than 3 visits....I was told that she had a "coupon" that she could use -- and that she had a few left.
 
Is there anyone (dealer) out there willing to beat this deal? My e-mail is mikek1966hotmail.com I only want the Nissan Preferred Gold with $0 deductible. I'm going to make a decision before Christmas.
 
And I'm disappointed that Nissan's warranties aren't as cost effective as Hondas....and now Honda is offering an 8 year/125K mile warranty --> that is AWESOME! But I sure love driving my Murano SE better than anything (okay my Porsche 968 was more fun but not as well equipped); and the Murano SL still beats the HOnda Odyssey any day of the week (we have both SE & SL)--> if anyone doesn't like their SE and wants to trade for a 2004 SL with 36K miles, please let me know (must have leather & xenons at minimum).

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