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Nissan Murano Lease Questions

785 messages,  Last post on Aug 26, 2008 at 8:10 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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#381 of 785
Lease advice from the car man by hertz555
Feb 13, 2007 (2:47 pm)
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I just got this quote from a local dealer here in Houston. This is cut and pasted right from their email...
 
HI......HERE'S THE INFO YOU REQUESTED....
  
07 MURANO SL WITH :
LEATHER/SUNROOF PKG
CARGO PROTECTOR
ROOF RAIL CROSSBARS
SPLASH GUARDS
SUNROOF WIND DEFLECTOR
  
MSRP...................................34080
INVOICE/SALES PRICE....................31117
  
15K MILES PER YEAR
  
MONEY FACTOR WITH NO SECURITY DEPOSIT .00067
  
WITH ZERO MONEY OUT OF POCKET
  
PMT IS 458 FOR 38 MONTHS
  
IF YOU WANT TO PAY THE UP FRONT FEES.....
  
600 OUT OF POCKET....
  
PMT IS 444 FOR 38 MONTHS
  
WE HAVE MANY COLORS IN STOCK....
  
LET ME KNOW IF I CAN DO ANYTHING ELSE...
 
Seems good but I believe the money factor is too high, please let me know what you think! I would be willing to pay the security deposit if it would reduce the money factor.
Thanks
#382 of 785
Re: Feb deals [rpdrpd] by Car_man HOST
Feb 14, 2007 (3:28 am)
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Replying to: rpdrpd (Feb 03, 2007 12:41 pm)

Hi rpdrpd. Unfortunately, what the dealer you are working with told you is correct. The $1,000 customer cash that is currently available on the Nissan Murano is not compatible with its special lease program. NMAC's current 39 month, 15,000 mile per year buy rate lease money factor and residual value for the 2007 Murano SL AWD are .00052 and 50%, respectively.
 
Car_man
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Prices Paid Forum
#383 of 785
Re: New member, looking for a new Murano [kenziezach] by Car_man HOST
Feb 14, 2007 (3:42 am)
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Replying to: kenziezach (Feb 06, 2007 7:48 pm)

Welcome kenziezach. I would be happy to give you an idea of what sort of lease payment you can expect to pay on the Murano that you want. In order for me to do so I need some information from your first. This info includes the MSRP and approximate selling price of the exact Murano that you want as well as how long you want to lease it for and how many miles per year you need to be able to drive it. You can find this truck's MSRP by visiting the New Vehicle Pricing section of Edmunds.com. You should be able to get a good idea of how much you should pay for it by visiting the following discussion: "Nissan Murano: Prices Paid & Buying Experience". Let me know what these numbers are and I'll work up a sample lease payment for you.
 
Car_man
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Prices Paid Forum
#384 of 785
Re: Lease advice from the car man [hertz555] by Car_man HOST
Feb 14, 2007 (3:53 am)
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Replying to: hertz555 (Feb 13, 2007 2:47 pm)

Hi hertz555. As you suspected, the reason why the money factor for this deal is slightly higher than the lowest possible factor for this truck is that this deal includes a waived security deposit. On vehicles that it is not running a special security deposit waiver program on, NMAC increases the money factors of vehicles with waived deposits by .00015. If you pay one on this deal, the money factor that is used to calculate your monthly payment should drop to .00052.
 
Car_man
Host
Prices Paid Forum
#385 of 785
Inked the deal by rpdrpd
Feb 15, 2007 (12:13 pm)
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New Jersey
 
2007 Murano SL AWD w/Touring Pack (no GPS or DVD)
39 month lease w/15k per year.
MSRP: 36,820
Invoice: 33,568
LEV%: 50%
LEV: 18,410
Selling Price: 33,568
Acq Fee: 550
Factor: 0.00052
Payment: 460.80
 
Out-the-door:
1st pymt 460.80
Sec Dep 0.00
DMV Fees 307.50
Total 768.30
 
Got the Murano at invoice, no security deposit.
 
Thank you car_man and everyone else for your help.
#386 of 785
Lease Price Question by dohmai
Feb 18, 2007 (12:00 am)
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Hi, I'm currently looking to lease a 2007 Murano SL w/ Touring and Navigation, but I'm new to the leasing process and would appreciate any advice provided!
 
This is the quote I've been given from a local dealer (So. Cal):
 
2007 MURANO SL FWD SUV CVT
 
BW9-G
MIDNIGHT BLUE, CHARCOAL
   
     Invoice MSRP
BASE $26,945 $29,300
  
CGO $59 $80
CARGO AREA PROTEC
 FLO $69 $90
FLOOR MATS
 NAV $1,561 $1,800
NAVIGATION SYSTEM
 TR5 $4,381 $5,050
SL TOUR PKG-XM SA
 WDF $61 $90
SUNROOF WIND DEFL
 50S $0 $0
50 STATE EMISSION
 Freight Charge $650 $650
 Total $33,726 $37,060
  
Your price is $34,026. Your lease pricing with $2,500 drive off is $385 plus tax for 39 months.
 
EDIT: No mileage was mentioned, but I assume 12k/yr.
 
I've read through the last several pages here to get a general sense of the current leasing prices, but would still appreciate anyone's input on if this is a deal worth pursuing.
 
Thanks in advance for the help!
#387 of 785
Lease Price Questions by ymfl
Feb 19, 2007 (4:22 pm)
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I'm ready to make the lease deal 28062.00 ($4000 down) 286.00 monthly for 39 months. 12,000 miles
Is this good -
#388 of 785
Re: Lease Price Questions [ymfl] by whitall
Feb 20, 2007 (5:38 am)
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Replying to: ymfl (Feb 19, 2007 4:22 pm)

no. Why do you want to put 4000 down on a lease? Remember, if anything happens to the car, you are probably out the 4,000. If you were purchasing it would make sense to have sucha down payment. I got snookered into 2000 down, but much of that did end of going toward fees and stuff. I'm sure somebody here will explain it to you. Meanwhile, ask the dealer what your payment would be with the minimum down (first payment and fees). Put the rest of it in a money market account (ING direct has good interest) and earn up to 5% interest.
#389 of 785
Re: Lease Price Questions [whitall] by ymfl
Feb 20, 2007 (9:57 am)
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Replying to: whitall (Feb 20, 2007 5:38 am)

The reason for the large down was to bring the monthly under $300. Thanks.
#390 of 785
Re: Lease Price Questions [ymfl] by ronaldc
Feb 20, 2007 (5:54 pm)
Reply

Replying to: ymfl (Feb 20, 2007 9:57 am)

So put the $4000 in a money market account and take out $100 a month form the MMA and you accomplish the same thing without risking your $4000 down payment.

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