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Prices Paid: Buying & Leasing Experiences Nissan Murano Lease Questions
1220 messages, Last post on Nov 04, 2009 at 7:26 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi everyone. Please use the following discussion to post any questions that you have about leasing a Nissan Murano. Thanks. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: Car_man (Aug 31, 2005 4:05 pm) Murano S AWD + Conv pack. MSRP $30600 Selling $27168 Monthly payment came out to $288 + Tax, 42 month, 12000 The following I have to pay at inception: 1st month payment, tax, $300 security deposit, $550 Bank Fee, O down I do not know how much is money factor but residual is %59 Also could you tell me how much disposition fee should be. Does it make any difference that lease is not from Nissan Finance but from some independent company. Sorry is too many questions, thanks in advance.
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Replying to: igork (Aug 31, 2005 5:37 pm) I've received this quote from Nissan dealership in Brooklyn, NY. Pls let me know what you think about it. Murano 2005 SL AWD with Touring Package. 42 months, 0 down, 0 up-front, sign and drive $370+tax. One problem i am thinking about is the warranty periord. It's only for 36 months from Nissan. Does this mean i am screwed if it brakes after 36 months? This kills the deal. 36 months lease will be an extra $40 a month. Please let me know ASAP, since i am anxious to get it soon before they run out. OR do you think i should wait for 2006 models? I still have 3 months left on my acura 2003 TL, but i am afraid that the new 2006 lease won't be as good and will cost me about $60 more a month (as per dealer). Thanks! 
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Carman, I've received this quote from Nissan dealership in Brooklyn, NY. Pls let me know what you think about it. Murano 2005 SL AWD with Touring Package. 42 months, 0 down, 0 up-front, sign and drive $370+tax, for 36 months it would be $410+tax. Howerver, i offered them $2K down and the payment for 36 months came down from $435 ($410 w/tax) to $379/tax incl. Do you think it's a great deal? When are the 2006 coming in? I want to wait until end of October before i get this car, but afraid they will sell out. THX! |
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Hi igork. The selling price that you were quoted for the Murano that you are interested in looks reasonable to me. You may want to stop by the following discussion to compare your selling price to the prices that others have paid for similar vehicles lately: "Nissan Murano: Prices Paid & Buying Experience". Using the prices that you provided in your post and Nissan's September lease program for this vehicle, I estimate that your 42 month, 12,000 miles per year zero down, pre-tax monthly payment for it should be around $276. I used a money factor of .00067 and a residual value of 55% to arrive at this payment. You mentioned that the lease that you were quoted is through an independent bank and not Nissan Motor Acceptance Corp. By leasing through an independent bank, you are able to take advantage of the $500 customer cash that Nissan is currently offering on the '05 Murano. This incentive is not compatible with leases through NMAC. Adding the $500 back into the cap cost for the NMAC lease that I just calculated, I now come up with a payment of around $288 per month which is what you were quoted. Car_man Host Smart Shopper / Prices Paid Forums |
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Hello ozzynyc. If you are interested leasing a vehicle that comes with a 3 year / 36,000 mile warranty for 42 months, then you will have to pay for anything that breaks on it out of your own pocket for the least six months of your lease. If you do not have any broken items properly repaired, you may end up having to pay a penalty for excess wear and tear on your vehicle when you return it. You never mentioned the selling price or MSRP of the truck 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 truck'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 work up a sample lease payment on the Murano that you are interested in for you if you let me know what these numbers are. It is difficult to say what the lease program will be like on the 2006 Murano when it arrives. I suspect that it will initially cost more to lease than the 2005 model does right now, but I doubt that it will cost $60 per month more. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Sep 09, 2005 2:29 am) I've got some figures from the dealer. The invoice price for Murano SL AWD + Touring Package + destination is $32,345 (got that from edmunds.com). Dealer said that the money factor is 0.000131. The residual i was given is $20875 (weird that it had no %). So my payment will be $350 + NY tax = $379/month for 36 months with $2000 up front. Pls let me know if this is a good deal since the dealer mentioned that it's only a few hundred dollars above invoice. Ozz
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Replying to: ozzynyc (Sep 12, 2005 5:41 pm) |
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No problem Ozz. A few hundred dollars over invoice is a good price for a Nissan Murano. The lease money factor that you were quoted for this car is a little high though. NMAC's buy rate lease money factor for a 36 month lease of a 2005 Murano SL AWD is currently only .00095. I still can't give you my opinion on this deal though without you telling me this vehicle's full MSRP and selling price. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Sep 13, 2005 2:54 am)
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