- #573 of 1227
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Re: About to lease a Murano [kevin86]
by Car_man HOST
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Sep 11, 2007 (2:28 am)
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Replying to: kevin86 (Aug 19, 2007 1:50 pm)
Hi kevin86. I can work up a sample lease payment on the Murano that you are interested in to give you an idea of what to expect. You never mentioned how long you want to lease for or what mileage allowance you need, so for now I will assume that you are interested in a 36 month lease with 12,000 miles per year. Let me know if you want something different. According to my calculations, if you were to lease a 2007 Nissan Murano SL AWD with the Touring Package that has an MSRP of $36,735 and a selling price of $34,125 ($500 over invoice) through Nissan Motor Acceptance Corp. right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $447. I worked up a zero down lease for you instead of one with a couple thousand down like you mentioned doing because it is much safer to go with a zero down lease. Consumers who put money down on their lease risk losing it if their vehicle is totaled in an accident or stolen and never recovered.
Car_man
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- #574 of 1227
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Re: Leasing a 2007 Nissan Murano SL AWD w/ Touring Package [nismur]
by Car_man HOST
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Sep 11, 2007 (2:31 am)
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Replying to: nismur (Aug 21, 2007 10:42 am)
Hi nismur. The money factor that you were quoted for your lease looks great to me. It is right in line with NMAC's current buy rate for this model and term. What is this vehicle's full MSRP? It would be very helpful if I had it because it would show me how much of a discount you are being given.
Car_man
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- #575 of 1227
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Re: Nissan Murano: Lease Questions [brokermarc]
by Car_man HOST
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Sep 11, 2007 (2:36 am)
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Replying to: brokermarc (Aug 24, 2007 7:55 pm)
Hi brokermarc. $410 per month with $1,500 due at signing sounds like a pretty good deal on this vehicle to me. Let's work up a sample payment on it and see what we come up with. According to my calculations, if you were to lease a 2007 Nissan Murano SL AWD with a sunroof and the Premium Package that has an MSRP of $34,335 and a selling price of $32,043 ($500 over dealer invoice) through Nissan Motor Acceptance Corp. right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $422. As you can see, $410 per month is pretty good.
Car_man
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- #576 of 1227
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Re: Questions on leasing a 2007 Nissan Murano SL AWD w/ Touring Package [ni
by Car_man HOST
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Sep 11, 2007 (2:43 am)
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Replying to: nismur (Aug 25, 2007 3:17 pm)
Hi nismur. Nissan's residual values for the Murano vary by trim level, term, and mileage allowance. They also change every month. It is possible that the previous post that you saw me mention the higher residual value in was for a different model or perhaps for an old program. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2007 Nissan Murano SL AWD with 15,000 miles per year are .00016 and 49%, respectively. These numbers are definitely right. If a dealer tells you something different they are either mistaken or trying to trick you.
Car_man
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- #577 of 1227
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Re: Is this a deal? [addiem]
by Car_man HOST
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Sep 11, 2007 (2:51 am)
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Replying to: addiem (Aug 25, 2007 5:26 pm)
Hi addiem. The selling price that you mentioned would be an excellent deal on a leased 2007 Murano SL. There is a good chance that the dealer that you are working with is using the consumer cash that Nissan is providing on this model to come up with its listed price. This cash is not compatible with the special lease program, so the selling price for a leased Murano would likely be higher. If I was interested in leasing an '07 Murano right now, I personally would shoot for a selling price of around $500 over dealer invoice. You can look up the exact invoice price of the model that you want by visiting the following section of this site: Edmunds.com - New Vehicle Pricing.
Once you arrive at a selling price that you are comfortable with, have the dealer calculate your monthly payment using your vehicle's buy rate lease money factor. Nissan's current buy rate for a 39 month lease of a 2007 Murano SL AWD is .00016 with the payment of a security deposit at lease signing.
Car_man
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- #578 of 1227
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Re: Nissan Murano lease [nismur]
by Car_man HOST
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Sep 11, 2007 (3:14 am)
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Replying to: nismur (Aug 27, 2007 12:21 pm)
Hello nismur. You never mentioned the selling price or MSRP of the Murano 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 what this vehicle's selling price is 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 give you my opinion of this deal if you let me know what these numbers are.
Car_man
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- #579 of 1227
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Re: 2007 Nissan Murano SL AWD w/ Touring Package Lease [irehs123]
by Car_man HOST
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Sep 12, 2007 (1:18 am)
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Replying to: irehs123 (Sep 06, 2007 9:13 am)
Congratulations on getting your new ride, irehs123. The price that you paid for the Murano that you leased looks to be right around dealer invoice. Plus, the dealer took the $500 lease cash that is currently available on this model into account. This looks like a very good deal to me. Make sure to stop by the new Dealer Ratings & Reviews section of this site to share your thoughts on your recent dealer experience with others. Enjoy your new Murano  .
Car_man
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- #580 of 1227
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Re: 2007 Murano September Money Factor & Residuals? [pbeans]
by Car_man HOST
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Sep 12, 2007 (1:23 am)
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Replying to: pbeans (Sep 07, 2007 5:42 pm)
You're welcome, pbeans. Thanks for the thanks  . Here's the info that you're looking for. The Murano's lease program varies by trim level. For now I will assume that you're interested in a 2007 Murano S AWD. Let me know if you want something different. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 39 month lease of a 2007 Murano S AWD with 15,000 miles per year are .00034 and 50%, respectively. The residual value for an otherwise identical lease with only 12,000 miles per year would be 1% higher. Unfortunately, the $1,500 consumer cash incentive that Nissan is providing on the Murano is not compatible with its special lease program, but Nissan is providing a $500 cash incentive that is.
Car_man
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- #581 of 1227
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2007 Nissan Murano SL Touring
by cmd224
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Sep 12, 2007 (8:53 am)
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Dear Car Man,
I recently recieved the following lease quote on a 2007 Nissan Murano SL Touring package (Leather interior w/ sunroof):
SL Touring / Leather w/ sunroof
$36,980 (MSRP)
$33,767 (Invoice)
$ -500 (cash incentive)
=$31,284
This would be a 42 month lease at 12,000 mi/year = $454/month with $646 due  signing (first month payment + $192 for title and fees)
Is this a good deal? Or can i do better?
Thanks!
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- #582 of 1227
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Re: 2007 Murano September Money Factor & Residuals? [Car_man]
by pbeans
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Sep 12, 2007 (4:56 pm)
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Replying to: Car_man (Sep 12, 2007 1:23 am)
Car_man
Thanks for the info. I am actually looking at an S Trim level but with FWD. Any difference in residual and money factor for the FWD S as compared to the AWD?
Thanks.
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