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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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#596 of 1227
Re: 2007 SL AWD lease question [dwws] by dwb959
Oct 16, 2007 (9:28 am)
Reply

Replying to: dwws (Oct 15, 2007 9:21 am)

Hi DWWS,
 
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
#597 of 1227
Re: 2007 SL AWD lease question [dwws] by concierge_nyc
Oct 16, 2007 (9:24 pm)
Reply

Replying to: dwws (Oct 15, 2007 9:21 am)

David, Inception Costs tyically include the following: first month payment, security deposit, bank fee/assignment fee, tax, doc fee, tire tax fee, DMV fees. Feel free to reach out if you have questions. Good luck!
#598 of 1227
Re: 2007 Nissan Murano SL Touring [cmd224] by Car_man HOST
Oct 18, 2007 (1:59 am)
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Replying to: cmd224 (Sep 12, 2007 8:53 am)

Hi cmd224. The $31,284 that you mentioned is an excellent price for the Murano that you are interested in. It is well below dealer invoice minus the $500 lease cash incentive. Just make sure that the dealer that you are working with uses Nissan's current buy rate lease money factor of .00045 (42 months) to calculate your monthly payment and you're in business.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#599 of 1227
Re: 2007 Murano September Money Factor & Residuals? [pbeans] by Car_man HOST
Oct 18, 2007 (2:08 am)
Reply

Replying to: pbeans (Sep 12, 2007 4:56 pm)

No problem, pbeans. NMAC's latest buy rate lease money factor and residual value for a 39 month lease of a 2007 Nissan Murano S FWD with 15,000 miles per year are .00033 and 48%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#600 of 1227
Re: 07 Murano SL FWD w/Leather Pkg LEASE [jrich24] by Car_man HOST
Oct 18, 2007 (2:17 am)
Reply

Replying to: jrich24 (Sep 14, 2007 2:10 pm)

Hi jrich24. $500 over dealer invoice minus the $500 cash incentive is a very reasonable price for a leased 2007 Murano right now. Just make sure that the dealer that you are working with uses Nissan Motor Acceptance Corp.'s current 39 month buy rate lease money factor of .00033 to calculate your monthly payment and you're good to go.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#601 of 1227
Re: First Time Leaser Here [nismony] by Car_man HOST
Oct 18, 2007 (2:26 am)
Reply

Replying to: nismony (Sep 15, 2007 3:29 pm)

Welcome nismony. Since you have never leased before, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#602 of 1227
Re: Nissan lease cash [jrich24] by Car_man HOST
Oct 18, 2007 (2:44 am)
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Replying to: jrich24 (Sep 20, 2007 11:17 am)

Hello jrich24. Nissan is still providing the $500 cash incentive on leases of the 2007 Murano in October. It is currently scheduled to run through October 31st.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#603 of 1227
Re: Just Signed Lease [mloggia] by Car_man HOST
Oct 18, 2007 (2:46 am)
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Replying to: mloggia (Sep 30, 2007 4:14 pm)

Congratulations on your new Murano, mloggia. I would be happy to give you my opinion of this deal, but it would be much easier for me to do so if you provided me with its full MSRP and selling price first. These numbers will show me how much of a discount you were given. Let me know and I'll tell you what I think.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#604 of 1227
Re: Good deal or not? [abuaisha] by Car_man HOST
Oct 18, 2007 (2:47 am)
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Replying to: abuaisha (Sep 30, 2007 11:23 pm)

Congrats on getting your new ride, abuaisha. I would be happy to give you my opinion of this deal. It would be much easier for me to do so if you were able to tell me what your Murano's selling price was. Let me know and I will tell you what I think.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#605 of 1227
Re: 2007 Murano SL AWD w/Touring Lease [schustertj] by Car_man HOST
Oct 18, 2007 (2:51 am)
Reply

Replying to: schustertj (Oct 01, 2007 3:16 am)

Hi schustertj. I am not sure what "D-plan" is. Is it like Nissan's VIP purchase plan? If you were able to purchase your Murano through an employee or supplier purchase plan, chances are that you got it for a good price. I would be happy to confirm that you were if you tell me how what its selling price was.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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