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Nissan Murano Lease Questions

1227 messages,  Last post on Dec 01, 2009 at 4:38 PM

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

What is this discussion about? Nissan Murano, Car Leasing, SUV


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#1171 of 1227
Lease Vehicle Maintenance Records by coldharbor
Oct 05, 2009 (6:35 pm)
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Hi,
 
This is my first lease vehicle and the term is almost up, so I would like to get your advice on what to expect when I return the '06 Murano. First the bad: I can't locate my maintenance records so I am not sure how much of a problem I'll face trying to return the vehicle. Also, a small dent in the rear bumper and some minor scrapes on the body. On the plus side (for Nissan/dealer), the car runs well and I am probably going to be about 10K miles under the lease limit - I changed jobs, which negated the need to commute.
 
Any advice you can provide would be great appreciated.
 
Thanks in advance.
 
-Scott
#1172 of 1227
Re: Lease Vehicle Maintenance Records [coldharbor] by jayrider
Oct 06, 2009 (6:26 am)
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Replying to: coldharbor (Oct 05, 2009 6:35 pm)

If youhad the oil changes done at a dealer it is available. Whereever you had the work done should provide you with info. Not a big issue -- the damage is. You will be responsible so get it fixed or they will charge you to fix it.
#1173 of 1227
Re: Lease Vehicle Maintenance Records [jayrider] by whitall
Oct 06, 2009 (10:44 am)
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Replying to: jayrider (Oct 06, 2009 6:26 am)

Two questions, first is WILL they cut any slack due to the low mileage? Essentially he/she only used 2/3 of the lease, that should be worth something.
 
And the next question is SHOULD they? I think they should because the residuals and lease payments are calculated based on the expected mileage of the car at the end of lease term. I think leases should have something built in the same was excess miles are. It could be a small amount, but it would provide some incentive to turn it in, assuming that's what the dealers want. AND it should be credited against damages, though they''d probably look even harder for damage.
 
Low mileage is why I'm buying my car. I have only 25,000 on my 39 month lease. I am paying it out this week. If they offered cash for those unused miles I'd have considered buying new, but I didn't want to get into that runaround, so I didn't even ask. 19k fits my budget way better than 33k right now!
#1174 of 1227
Re: Lease Vehicle Maintenance Records [whitall] by jayrider
Oct 06, 2009 (11:23 am)
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Replying to: whitall (Oct 06, 2009 10:44 am)

If you are buying the murano then you don't need to do anything to the vehicle -- just pay the price and drive off. The low mileage won't help you at all -- the buyout is the buyout --nissan won't negotiate. The nice thing about buying the lease is that there are no issues with condition.
#1175 of 1227
October rates? by daz499
Oct 08, 2009 (7:32 pm)
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Does anybody know the money factors and residuals for the month of October?
#1176 of 1227
Re: Murano lease rates [mgoldstein] by Car_man HOST
Oct 12, 2009 (2:10 am)
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Replying to: mgoldstein (Sep 22, 2009 3:23 am)

Hi mgoldstein. Nissan may be running some sort of official early lease termination program on the Murano. If so and Nissan itself is waiving the final two monthly payments on your current vehicle to get you into something new, then there's nothing wrong with leasing a new vehicle a month or two early.
 
If on the other hand, Nissan is not running an official early termination program on this car and the dealer is absorbing the cost of your final two payments to get you into a new vehicle now then you would be better off waiting to get something new.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1177 of 1227
Re: Curious if "residuals" available for 6 years out... [whitall] by Car_man HOST
Oct 12, 2009 (2:13 am)
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Replying to: whitall (Sep 22, 2009 10:56 am)

Hi whitall. Five years is the longest term that NMAC publishes residual values for. Its current 60-month residual for a 2009 Murano SL AWD is 35% for leases with 15,000 miles per year.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1178 of 1227
Re: October rates? [daz499] by Car_man HOST
Oct 12, 2009 (2:20 am)
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Replying to: daz499 (Oct 08, 2009 7:32 pm)

Hi daz499. I've seen the info that you're looking for, but this vehicle's lease program varies by term, mileage allowance, and trim level. You never mentioned what any of these variables are, so I'm going to have to make some assumptions. Let me know if you want something different.
 
Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2009 Nissan Murano S AWD with 15,000 miles per year are .00164 and 54%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1179 of 1227
Quoted Lease doesn't add up. by wnuk
Oct 12, 2009 (5:28 pm)
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Just got this quote from a dealer on an 09 Murano S AWD.
MSRP: 30940
Sale Price: 29000
Rebates: 1250
Trade Allowance: 7700 (06 Dodge Grand Caravan, 63K miles)
Balance owed: 8357
Taxes of $1253
Fees: $178
Down Payment: $1000 (out of pocket)
1st month payment due at signing
 
Dealer quoted money factor of .00164 and 16707 residual (same as car man quoted). His lease price for 39 months was quoted at $414.35
 
When I run these exact numbers through the lease calculator here at edmunds it gives me a payment of $370.75. A difference of $43.60 monthly or $1700 over the 39 months. Any explination or is he giving me a marked up deal somewhere? How do you present this to the dealr in a "tactful" way.
 
TIA
#1180 of 1227
Re: October rates? [Car_man] by daz499
Oct 12, 2009 (6:25 pm)
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Replying to: Car_man (Oct 12, 2009 2:20 am)

Thanks Car_man,
 
I'm actually looking for the rates of an 09 Murano SL AWD 39 month lease, 12k miles a year.
 
Also you know how much total cash back is available? I know there is $750 but another dealer said Nissan came out with an additional $1250 over the weekend? This is for the northeast region, NY.

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