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Nissan Murano Lease Questions

784 messages,  Last post on Aug 12, 2008 at 8:54 AM

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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#762 of 784
Re: Car Man Quote and question [sixfive] by jsyaruss
Jul 08, 2008 (3:00 pm)
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Replying to: sixfive (Jul 08, 2008 5:16 am)

Also...I may be wrong about this, but isn't gap insurance provided as part of Nissan leases? I could swear I heard this somewhere, but to be honest, I can't remember where... (I personally still don't put money down on a lease, but I think with the gap protection, it's less of a concern, right?)
 
Congrats on the Murano - we're loving ours (4 days old now .
#763 of 784
GAP on Nissan Mo Co Lease by sixfive
Jul 09, 2008 (4:39 am)
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I have heard that but the dealer used Hann financial to do the lease - NJ based firm I believe. Better rate but we were not covered for GAP needs according to the contract. 5k down on a lease is silly at sub 5 money rates. Cash in your pocket is king.
#764 of 784
Re: 06 Murano lease and deprectiation [jamriman] by Car_man HOST
Jul 10, 2008 (4:04 am)
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Replying to: jamriman (Jun 11, 2008 9:54 am)

Hi jamriman. There's almost no question that your Murano will be worth less than its lease-end purchase option price, but it is difficult to say whether Nissan Motor Acceptance Corp. (or whichever bank you are leasing it through) will be willing to lower its price for you. Some banks will, but many banks won't. The only way to find out for certain will be to place a call directly to NMAC a month or two before the scheduled end of your lease. If your initial contact there is unwilling to work with you, try working your way up the ladder to a manager. Again, there's no guarantee that they will be willing to work with you, but you don't have anything to lose by trying. There's absolutely no reason to pay more for your truck than what a similar one would sell for on the open market.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#765 of 784
Re: 2009 Murano Lease numbers [grossie] by Car_man HOST
Jul 10, 2008 (4:12 am)
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Replying to: grossie (Jun 14, 2008 11:19 am)

Here's the information that you're looking for, grossie. NMAC's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Nissan Murano SL AWD with 12,000 miles per year are .00250 and 55%, respectively. This money factor is enhanced to .00225 for current Murano owners and lessees. I don't believe that NMAC offers leases with only 10,000 miles per year, but if it did its residual value for this vehicle would probably be 1% higher.
 
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Prices Paid: Buying & Leasing Experiences Forum
#766 of 784
Re: Car Man Quote and question [sixfive] by Car_man HOST
Jul 10, 2008 (4:14 am)
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Replying to: sixfive (Jul 08, 2008 5:16 am)

Hi sixfive. Gap insurance covers the difference between what you owe the bank on your car or truck and what it your insurance company is willing to pay you for it if it is totaled. However, I do not believe that it will reimburse you for any down payment that you made on your lease.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#767 of 784
06 Murano lease and deprectiation by jamriman
Jul 10, 2008 (5:57 am)
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Hi Car_man,
Many thanks for your answer! I'll have to wait and see like you said. In the meantime if anyone out there is willing to take over payments of $370 per month on a perfect 06 with around 12000 miles, until lease ends Sept 09, send a pm. Thanks!
#768 of 784
Lease for LE 2009 Murano with extra miles by pasell3
Jul 11, 2008 (12:50 pm)
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Hello -
I'm wondering if Carman might be able to give me a rough idea of lease price for the following:
 
I live in Rhode Island.
 
Looking two vehicles: 1st is a 09 SL with EVERYTHING except the 20 inch tires (tech, nav, no rear DVD) I believe the MSRP on that is 38750
 
Next I am looking at the LE with everything AND the 20 inch tires and MSRP is 39700.
 
I do NOT want to put any money down on the lease because I was told that would be a WASTE OF $$.
 
Here's the thing. This is 4 work. I travel between 2500-3000 miles/month. The Murano is the PERFECT vehicle because I live in my car most of the time, and this is the most comfortable that I have driven, offers the size I need, and gets better gas mileage than the others that I have driven that are comparable (MDX, RDX, Lexus 350, Highlander Limited, Honda Pilot Touring, and Infiniti FX).
 
Therefore, I need between 25,000-30,000 miles/year on my lease. I was told by the dealer that would be no problem.
 
So, here we are. Now I'm trying to figure out, roughly, what I might expect my monthly payment to be on the 25K/year vs. 30K/year.
 
I'd buy it and plop down about $5-$6K ($3k for my trade) but I think that putting about 150K miles in 5 years would make that a dumb decision on my part.
 
Can you help me here? Thank you for the help!!
#769 of 784
Question again by pasell3
Jul 17, 2008 (6:29 pm)
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I guess this model is just not popular to lease with not many posts here.
 
I'm planning on going to dealership tomorrow morning and get the following lease finished:
 
09 Murano LE AWD No Navigation.
Leasing for 39 months 15K/year miles
MSRP $37,700
Cap Cost $33,640
56% residual
.0025 MF
$500 downpayment to cover 1st month and reg fee
 
$498/month for 39 months with 15K/year.
 
Does that sound about right? I live in RI and sales tax is 7%
 
Thoughts are appreciated if it gets read on time. Thanks!!
#770 of 784
US Bank vs Nissan Financing by pgreene1026
Jul 23, 2008 (5:37 pm)
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Hi,
I'm looking at a Murano SL AWD with Leather, Premium, and Dual Moonroof. My dealer gave me the following quotes:
Price: 31,718
12K Miles
$1,500 due at signing
36 months - 499 - 19,148 residual (60%)
39 months - 478 - 18,800 residual (59%)
48 months - 462 - 15,318 residual (48%)
60 months - 419 - 13,578 residual (43%)
 
The finance guy told me that US Bank was better then Nissan and that US Bank had a money factor of .00197. I read in an earlier post about the MF and Residuals going down in September. My lease isn't up until Sept 25th and I was only going to act now b/c I've heard that the lease deals will only get worse. Does anyone has any info or advice? Is this a good deal and would you wait or act now on this deal?
 
Thanks!
#771 of 784
Re: US Bank vs Nissan Financing [pgreene1026] by flightnurse
Jul 23, 2008 (10:31 pm)
Reply

Replying to: pgreene1026 (Jul 23, 2008 5:37 pm)

There will always be a better deal around the corner, but if you are happy with what the dealer has presented to you, then go for it, but don't lease more then 39 months... People get the itch for a new car about every 36 months....

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