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Nissan Murano Lease Questions

780 messages,  Last post on Aug 08, 2008 at 4:21 AM

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


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#724 of 780
April's Lease Rate for 09 Murano by belusch
Apr 19, 2008 (10:08 am)
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Nissan Motors Acceptance Corp Lease Programs – April 2008
 
Special bank lease programs for these models are available through LeaseCompare.com. Click on the vehicle name for more information and to see payments details.
 
2009 Nissan Murano S AWD – 4/18/08
24 Month – Residual 69% of MSRP – .00240 Base Rate
36 Month – Residual 57% of MSRP – .00240 Base Rate
48 Month – Residual 48% of MSRP – .00260 Base Rate
60 Month – Residual 42% of MSRP – .00260 Base Rate
 
2009 Nissan Murano SL AWD – 4/18/08
24 Month – Residual 64% of MSRP – .00240 Base Rate
36 Month – Residual 53% of MSRP – .00240 Base Rate
48 Month – Residual 45% of MSRP – .00260 Base Rate
60 Month – Residual 38% of MSRP – .00260 Base Rate
 
2009 Nissan Murano LE AWD – 4/18/08
24 Month – Residual 60% of MSRP – .00240 Base Rate
36 Month – Residual 50% of MSRP – .00240 Base Rate
48 Month – Residual 42% of MSRP – .00260 Base Rate
60 Month – Residual 37% of MSRP – .00260 Base Rate
 
Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
 
Compare Lease Payments for Used Nissan Models HERE
 
Use the following formula to calculate a lease payment:
 
(Cap Cost – Residual Value) / Term = Depreciation
(Cap Cost + Residual Value) X Money Factor = Interest
Depreciation + Interest = Base Monthly Payment
 
NOTE: These lease programs are provided by dealer partners of LeaseCompare.com and are for reference only. Rates may vary by region. Your dealer has the option of offering you a higher rate. To make sure you are getting the best lease, compare these rates through an independent leasing source such as LeaseCompare.com.
 
Here is a great online publication about leasing: Auto Lease Insider.
#725 of 780
My Lease Deal by whitem16
Apr 26, 2008 (6:52 pm)
Reply
09 Murano S AWD MSRP $29,535
Negotiated Selling Price $26,800
Convenience Package
Splash Guards
Mats
15K mi/yr
36 mo
$626 down (1st month payment+$180 doc fee + $23 title and registration)
MF=0.00240
Residual=57% MSRP
 
$399 + 6% MI tax = $423/mo
 
Very happy with this deal.
 
Comments or thoughts?
#726 of 780
2007Murano by budahkan
Apr 27, 2008 (4:41 pm)
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Can I get the same lease information (i.e. Money factor and residuals) for a 2007 Murano as many dealers around me have leftovers.
#727 of 780
Going Crazy by mikea11414
Apr 28, 2008 (8:12 pm)
Reply
Hi,
I'm looking to lease a 2009 SL-AWD for 39 months , with paying the first month and taxes up front with the following options ,Premiun, Tech, Leather, cargo protector and mud flaps. I have asked dealers for their best prices with those options and for a price if I wanted to add the Nav option. My credit rating is in the 800's. The pricing coming in is really strange in one price with the nav option I was given a price of $38, 180 and monthly payments of $474 per mo. Another dealer gave me a price of $31,000 for the same car with a monthly payment of $500 per month but it could be lowered to close to the $474 price. I'm still trying to figure that pricing out, can somebody explain that to me how a car whose selling price is thousands more can come in with a lower monthly payment?
 
I should mention that at the present time I have a 2005 Murano SL-AWD loaded with everything but the Nav system. with only 5 more payments to go at $385.50 per month. The car has only 21,300 miles on it and is in near perfect condition inside and out. Dealers keep telling me that with this mileage they'd love to get this car on their used car lots. I have told them that I don't want to pay for this car in my new lease. One dealer told me whatever anyone tells you...you will pay.
 
Anyway so far my lowest bid is $474 per mo with the the options I wanted and the nav system. A few dealers have asked me to wait for their offers. I have already given most them the $474 information so, I'm expecting them to come in lower. I've also been advised to watch out for leasing from other banks because of the cost at the end of the lease.
 
Before I leased this Murano I had leased a Maxima through Nisaan so I'm a loyal customer. I've also been told to get in touch with Nisaan to see if they'll reduce my present lease since I want another
Nisaan. Many of the dealers told me they can do this but when they call Nisaan I think the price they're given is turning them off. Anyway I'm going to try, it doesn't make sense to mabye lose me as a customer because of 5 more payments.
 
Any advice you could give would be appreciated. Whatever the best price I get I will tell the dealer that when I get to their dealership to sign the deal if the price is $1 more what was agreed too I will walk out.
#728 of 780
Not Crazy by mikea11414
Apr 28, 2008 (8:38 pm)
Reply
No I'm not crazy as some may think because I'm looking to turn in my car early and wind up paying more money for 5 months. I like new cars and with the summer coming and being 62 years old I'd like to enjoy whats left of my life. And I know the Nav option is expensive but honestly I test drove a Infinity G-35 and I fell in love with the nav system. I probably won't use all the things it offers, I might not figure out half of them but it's a toy that excites me and at my age thats a good thing. Besides, God willing, I'll turn the 2009 in and get a new toy sometime in 2012.
#729 of 780
Re: April residuals and money factor [whitem16] by Car_man HOST
Apr 30, 2008 (2:14 am)
Reply

Replying to: whitem16 (Apr 16, 2008 8:09 am)

Here's the information that you're looking for, whitem16. Nissan's lease program varies by term and mileage allowance. Since you never mentioned what either of these variables are, for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2008 Nissan Murano S AWD with 15,000 miles per year are .00240 and 57%, respectively. Nissan is running a special promotion for current lessees that lowers this factor to .00215.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#730 of 780
Re: My Lease Deal on 09 SL [newcarguy5] by Car_man HOST
Apr 30, 2008 (2:18 am)
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Replying to: newcarguy5 (Apr 16, 2008 6:25 pm)

Congratulations on getting your new Murano, newcarguy5. Thanks for taking the time to post the details of your deal for everyone. Real world examples like this are always extremely helpful for people who are in the market. Don't forget to stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your new ride .
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#731 of 780
Re: 2007Murano [budahkan] by Car_man HOST
Apr 30, 2008 (2:21 am)
Reply

Replying to: budahkan (Apr 27, 2008 4:41 pm)

Hi budahkan. The Murano is the only remaining 2007 model that Nissan is providing lease support on. Nissan Motor Acceptance Corp.'s current buy rate for a 36 month lease of any 2007 Murano is .00016 for consumers who pay a security deposit at lease signing. This truck's residual values vary by trim level and mileage allowance.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#732 of 780
Re: Going Crazy [mikea11414] by Car_man HOST
Apr 30, 2008 (2:32 am)
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Replying to: mikea11414 (Apr 28, 2008 8:12 pm)

Hi mikea11414. The price quotes that you were given definitely do not make sense. There's no way that two identical vehicles with selling prices that are $7,000 apart could have such similar monthly payments. What you were told about your current lease is correct. That was a very honest dealer. Regardless of what anyone tells you about getting out of your current lease for "free" it is likely going to cost you to get into a new vehicle five months prior to your scheduled end date. You definitely would be better off waiting until the scheduled end of your current lease to get something new.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#733 of 780
How is this deal? by discount80
Apr 30, 2008 (7:51 am)
Reply
I have been quoted the following deals with 15 k a year 36 months.
 
LE with nav , dual panel moonroof
 
0 due at signing 665 a month
 
Vehicle Price: $39,675.00
  Internet Customer Discount: $3,437.00
  Selling Price: $36,238.00
       
  Sales Tax (estimate): + $2,235.67
  Tag/Registration Fees (estimate): + $150.00
  Tire/Battery/MVWEA: + $8.50
  Documentation Fee: + $599.95
  Balance Due (estimate): $39,232.12
 
SL with premium, nav, and tech
 
zero due at signing
604 month
 
Vehicle Price: $38,555.00
  Internet Customer Discount: $3,675.00
  Selling Price: $34,880.00
       
  Sales Tax (estimate): + $2,154.19
  Tag/Registration Fees (estimate): + $150.00
  Tire/Battery/MVWEA: + $8.50
  Documentation Fee: + $599.95
  Balance Due (estimate): $37,792.64

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