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Prices Paid: Buying & Leasing Experiences Nissan Murano Lease Questions
762 messages, Last post on Jul 08, 2008 at 3:00 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: ebm525 (Oct 04, 2007 6:58 pm) I also recently got a similar deal on a 2007SL AWD Murano with a MSRP of 38700 12k miles on 39months. Payment that I was quoted was 2500 out of pocket and 389 per month. DOES THIS SEEM LIKE A GOOD DEAL? DEALER SUPPOSE TO CALL ME BACK TONIGHT? Thanks. DB |
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I'm interested in leasing a murano tomorrow... Can you tell me if the $500 lease rebate is still in effect for the Murano and what is the current Nissan Finance Bank Fee?? Thank You Boris
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Replying to: dwb959 (Oct 07, 2007 2:05 pm) I am in Freehold NJ trying to help my sister lease a 2007. The dealer here is offering this deal; MSRP: $36,900 SELLING PRICE: 33,558.11 MILES PER YEAR: 12,000 TERM: 39 M0NTHS DOWN PAYMENT: $4,500 (THAT SEEMS OUTRAGEOUS TO ME) RESIDUAL: $18,081 MONEY FACTOR: .000330 Now, to the cost they are adding: INCEPTION FEES: $1968.09 ASSIGNMENT FEE: $595 DOWN PAYMENT TAX: $198.35 PAY-OFF OF TRADES FEE: $895 (MY SISTER DOESN'T ***HAVE*** A TRADE-IN!!!) After all this nonsense they are stating the total Cap Cost as$32,214.55 MONTHLY PAYMENT $379 Now, just on the surface of it, it seems that my sister is getting the same deal as you guys are, but she is paying $2000 more for it. Also, what is an :Assignmet Fee" and what is included in these "Inception Costs" and does $1968.09 seem reasonable? Where are you guys located? We are in NJ and I need to find her a no-nonsense dealer who will give her a good price. Please help. Thanks, David |
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Replying to: dwws (Oct 15, 2007 10:21 am) This does seem like a lot of fees upfront to pay for? Most on this board say never put down a lot of money on a lease for fear of losing it if the car is ever stolen or totalled. Try asking for the money factor from Nissan financial and the residual % as well. Once you have that information go into the following website http://www.leaseguide.com/calc.htm This should tell you if they're on target or not. I would definately cross check the selling price on Edmunds and/or CarsDirect to see if she's getting the best deal possible. In terms of my story the dealer that I was doing the deal with left and when we tried calling back we were told that the 2500 down would be in addition to taxes. Again as great as Nissans are I'm not putting down $5K to lease one. We essentially walked away from the table and are currently shopping around. Right now I can do better on an FX per month, based on my calculations, (dealer still needs to confirm). Fees that I'm looking at on any lease would be state taxes, DMV, Bank Fee and that's it. Hope this helps. I'll keep you posted on any additional information that I may get. Thanks. DB |
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Replying to: dwws (Oct 15, 2007 10:21 am) 
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Replying to: cmd224 (Sep 12, 2007 9:53 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: pbeans (Sep 12, 2007 5:56 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jrich24 (Sep 14, 2007 3:10 pm) I personally wouldn't make the $1,750 capitalized cost reduction though. I always advise consumers against making down payments when leasing. Those who make them risk losing them if their vehicle is totaled in an accident or stolen and never recovered. Even though your monthly payment will be slightly higher, you would be better off going with a zero down lease. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: nismony (Sep 15, 2007 4:29 pm) The best way to negotiate a good deal on a leased vehicle is to negotiate as low a selling price as possible on the vehicle that you want and then have the dealer calculate your monthly payment using its buy rate lease money factor. If I was interested in leasing a 2007 Nissan Murano right now I personally would shoot for a selling price of a couple hundred dollars over dealer invoice and then have the $500 cash incentive subtracted from that, putting the actual capitalized cost at or slightly below dealer invoice. Nissan's current buy rate lease money factor for a 39 month lease of an '07 Murano S AWD is .00033. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jrich24 (Sep 20, 2007 12:17 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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