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Nissan Murano Lease Questions

1337 messages,  Last post on Mar 20, 2010 at 12:44 PM

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

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#576 of 1337 Re: Questions on leasing a 2007 Nissan Murano SL AWD w/ Touring Package [ni by Car_man HOST Sep 11, 2007 (3:43 am)
Replying to: nismur (Aug 25, 2007 4:17 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 Host Prices Paid: Buying & Leasing Experiences Forum
#577 of 1337 Re: Is this a deal? [addiem] by Car_man HOST Sep 11, 2007 (3:51 am)
Replying to: addiem (Aug 25, 2007 6:26 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 Host Prices Paid: Buying & Leasing Experiences Forum
#578 of 1337 Re: Nissan Murano lease [nismur] by Car_man HOST Sep 11, 2007 (4:14 am)
Replying to: nismur (Aug 27, 2007 1:21 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 Host Prices Paid: Buying & Leasing Experiences Forum
#579 of 1337 Re: 2007 Nissan Murano SL AWD w/ Touring Package Lease [irehs123] by Car_man HOST Sep 12, 2007 (2:18 am)
Replying to: irehs123 (Sep 06, 2007 10:13 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 Host Prices Paid: Buying & Leasing Experiences Forum
#580 of 1337 Re: 2007 Murano September Money Factor & Residuals? [pbeans] by Car_man HOST Sep 12, 2007 (2:23 am)
Replying to: pbeans (Sep 07, 2007 6:42 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 Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: pbeans (Sep 12, 2007 5:56 pm) jrich24 (Sep 14, 2007 3:10 pm) Car_man (Oct 18, 2007 3:17 am) Car_man (Oct 18, 2007 3:08 am)
#581 of 1337 2007 Nissan Murano SL Touring by cmd224 Sep 12, 2007 (9:53 am)
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! Replies to this message: Car_man (Oct 18, 2007 2:59 am)
#582 of 1337 Re: 2007 Murano September Money Factor & Residuals? [Car_man] by pbeans Sep 12, 2007 (5:56 pm)
Replying to: Car_man (Sep 12, 2007 2:23 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. Replies to this message: jrich24 (Sep 14, 2007 3:10 pm) Car_man (Oct 18, 2007 3:17 am) Car_man (Oct 18, 2007 3:08 am)
#583 of 1337 07 Murano SL FWD w/Leather Pkg LEASE by jrich24 Sep 14, 2007 (3:10 pm)
Replying to: pbeans (Sep 12, 2007 5:56 pm) I would like to hear anyone's thoughts on this lease deal:   07 Murano SL FWD w/Leather pkg Lease 15k miles/yr and 39 months msrp 32 050 invoice 29 380 +destination fee= 30 085 sale price 30 485 - 500 lease rebate = 29 985 down payment 1750 residual 16 025 monthly payment 314 + tax total drive off: 1750 down payment+tax +595 aqcuisition fee+1st months payment+tax = 2827   Please let me know what you guys think, thanks Replies to this message: Car_man (Oct 18, 2007 3:17 am)
#584 of 1337 First Time Leaser Here by nismony Sep 15, 2007 (4:29 pm)
I've always purchased my cars used with cash and this would be my first time leasing a car. I'd like some opinions regarding the following:   2007 Murano S AWD Lease 15k miles/yr and 39 months $359/month with nothing out of pocket (fees, etc included into the monthly payments)   I've been to several dealerships in NY/NJ and I'm at the point where I'm tired and frustrated with the whole bait and switch I've been experiencing with dealerships and their ads. You see an ad, call them up, they ask you to come in person, give you some figures over the phone, and give you much higher figures when you get there.   I only started reading up on these forums after being referred here by my brother and I'm trying to educate myself more as far as leasing goes but I'd like some advice/help in the mean time if possible.   Thanks in advance. Replies to this message: nismony (Sep 16, 2007 5:45 pm) Car_man (Oct 18, 2007 3:26 am)
#585 of 1337 Re: First Time Leaser Here [nismony] by nismony Sep 16, 2007 (5:45 pm)
Replying to: nismony (Sep 15, 2007 4:29 pm) Well I went ahead and signed a lease from Amity Nissan in NY as follows:   2007 Murano S AWD 15k/yeah for 39 months $355 a month with nothing out of pocket.   I hope I got a good deal considering it's the best terms I was able to get after visiting several Nissan dealerships.

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