Last post on May 04, 2013 at 11:15 AM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Nissan Murano, SUV
Did you get a good deal on your Murano?
Share your experience here!
#2597 of 2921 let me know if i got a good deal:North NJ
Dec 08, 2009 (10:19 am)
I went to RT 22 Nissan. I brought back my 2007 Murano S AWD (driver power seat). 17K miles clean carfax no dents or scrathes (I detail it 3 times a year). I have $18K left on a 6 year deal. I was told my car was worth $16.5K. The dealer said they would pick up the $18K balance, if I buy a 2010 AWD Murano SL (no extras). Here are the terms which I am approved for $425 monthly payments for 7 years adn $4000 down. This is not leasing but buying. Can you guys advise? I only went to them since I brought my revious Murano there. I did some math and I am paying $39,700 for this car. $425 for 84 months plus $4000 down. I have until month end to take delivery, but wanted to check what you guys think. I have no issue getting credit with my FICO score. You may write me at cutco760yahoo.com. Does anyone know any other Nissan dealers in the North NJ area where I can go to beat this. I think that $39.7K is a good bit, specially since my mother brought her 10' AWD Lexus RX for $ 39K. Thanks for your time!
#2598 of 2921 Re: let me know if i got a good deal:North NJ [cutco760]
Dec 08, 2009 (1:18 pm)
What a mess they threw at you. Look -- you need to get an idea of what your car is worth wholesale. I even think Carmax will give you a cash price. Then you need to negotiate hard on the selling price. After that figure your interest rate with downpayment and do your own math on the payments. If you are ready to dump this one after 3 years on a 6 year loan, why would you consider a new 7 year loan? With only 17k miles on your 06 you should have no reason to get rid of it. If you want a change-- order some custom leather seatcovers from katskin and have an upholsterer install them.A lot cheaper than a new ride. Drive it 3 more years and get it payed off. There isn't much difference between the 06 and 09.
#2599 of 2921 Re: let me know if i got a good deal:North NJ [jayrider]
Dec 12, 2009 (11:12 am)
Thanks for the advice. I took your comment to heart went back and tried to negotiate another terms. I was told that I am crazy and that my car is not worth $20K, when I told them that the warranty would expire on 08/13 and that they would sell it as certified, the dealer said that there were many costs involved and that since I am not a mechanic, I do not know those costs. I told them that every 3.5 K miles the car is in their shop and that I do not save on their recommnedation. RT 22 said the deal in place was the best I would get. So I declined it and I told him that I will seek another dealer for service in advance. This will be my last Nissan ever. I went to 4 Nissan dealers (Hilltop, Nissan World (was told to leave), RT 22 (where I am return customer), N. Plainfield and not a single one treated me fairly or as a human. To Nissan Corp. I would say, your cars are not Acura, Lexus, BMW or M Benz, the people who buy your cars are working men/women, the wealthy buy the next level of luxury and while they pride on quality in recent years a lot has been left to be desired. Lastly the dealers that I mention above must be making huge profits to treat normal folks like dirty, aggrevation should not be part of the car buying equation.
Thanks again Jayrider for your friendly advice and happy holidays to you and everyone else.
#2600 of 2921 Re: let me know if i got a good deal:North NJ [cutco760]
Dec 12, 2009 (7:17 pm)
1. you want too much for your car, 18K is probably the most you can get base on KBB and the average ASKING price on cars.com (17k is more reasonable).
2. new car: It's not easy to get a Murano for cheap...if you can get around 1K over invoice - incentive, it's good deal already.
3. Financing-you can shop around for better rate if you think the deal from the dealer is not good.
#2601 of 2921 Please Help! Whether I should close the deal?
Dec 12, 2009 (8:48 pm)
After a tough negoiation, I got an offer for 2010 Murano SL,
1. Sticker price: $36,110; invoice price: $33,180
2. the offer is $32,650. After tax and other fees, my the final balance is $35,600
3. Finance 2.9% for five years
The other big concern is the burning smell. When I tested the car, which had around 5miles, I could feel the strong burning smell!
Please tell me whether I should buy the car. Thanks!!
#2602 of 2921 Re: Please Help! Whether I should close the deal? [freefish]
Dec 12, 2009 (9:55 pm)
.all appears fine...but whatever you do ..don't take that car..it may be nothing,but if it is you will never forgive yourself.....I was buying a Honda Fit and on the test drive I heard a ticking noise from under the dash...and told the salesman that I would buy but not THAT one..and they agreed...and I bought..well later days and through a forum I began to read about some FITs that were reporting that problem and the dealers were having a hard time to fix. Like I said it may be nothing..but get a different Murano now is the moment
#2603 of 2921 Re: Please Help! Whether I should close the deal? [freefish]
Dec 13, 2009 (6:29 am)
A virtually new car has some issues with odor at times. Engine paint getting hot etc. I would wait til xmas eve to do the deal -- you will get a bit better price. New Years eve as well. Research on yahoo autos backs this up.
#2604 of 2921 Re: Please Help! Whether I should close the deal? [jayrider]
Dec 13, 2009 (7:46 am)
Jayrider & Svofan2, Thanks a lot!
I will tell the dealer give me more time to think about it although we were going to close the deal tomorrow/Monday after they gave a full examination on the car on Monday, if the examination shows that the burning smell is not a problem.
#2605 of 2921 Re: let me know if i got a good deal:North NJ [cutco760]
Dec 13, 2009 (5:55 pm)
A 2010 AWD SL with no options has a sticker price of $32,000.00
Assuming the dealer is truly paying off your 2007 for you, and you are paying sticker for the 2010, you would be starting at $32,000.00 Add in 7% sales tax, and you are at $34,240. Make it an even $34,500 to account for tags and other fees.
Now, subtract your $4,000.00, and you would be financing $30,500. A 7% loan, for 84 months, would give you a monthly payment of $460
They have quoted you $425, which at 7% for 84 months, would mean you are financing about $28,150.00. It appears you are getting a discount of some sort on the 2010...or your financing rate is much lower than 7%.
The reason the total seems so high is because you are paying 7 years worth of interest on the loan. In the $425/mo, 7%, example above you would be paying $7,500 in interest over the 84 months. Even if you are financing at 5% for the 84 months (which would mean you are financing $30,000), you would be paying $5,600 in interest over 84 months.
I don't think the dealer is taking advantage of you. They are simply giving you the best deal they can based on your requirements. You are looking at it the wrong way...it is the interest on the loan driving up your total...not the actual price of the Murano.
Instead of playing the "payment game" with the dealer, ask them to show you the whole breakdown of the price. The selling price of the 2010, the interest rate of the 84mo loan, taxes and tags, the trade-in price and the payoff. It is only then that you will be able to validate what kind of deal you are getting.
#2606 of 2921 Leasing Murano SL 2010
Dec 14, 2009 (12:45 pm)
Hi Guys, can you please help me ASAP, i am supposed to be at my dealer on Thursday to sign and get a New 2010 Murano SL, but they gave me a quote of $528 per month, 46 month, and i have a Tear 2, my credit score not too best, but good, taxes are included in that $528, but there could be much more of my tear 2, and i will only find out how much more on thursday when the bank comes in to sign the deal, can you please tell me it this $528 is a good deal, or i can try to knock that price down. Its my first lease and i am a New York resident.
thanks a lot