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Prices Paid: Buying & Leasing Experiences Nissan Murano Lease Questions
1224 messages, Last post on Nov 23, 2009 at 4:06 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Thanks for the replies.I am looking at 39 months and 15000 miles.So thanks for those numbers. Can you actually negotiate the residual and money factor with your dealer after you have negotiated the selling price of the vehicle? thanks again-
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Hi all, I'm new here to write and post, but let me tell you that Edmunds forums is one of the first resources I go to when it comes to researching and buying a car. Love it! Now, i lease 2005 Murano SL and pretty happy about this car. My lease of 39 month is about to expire in beginning of January 2009. I have a family of four with a recent addition of a baby girl and we are looking for a minivan (probably Sienna) as a replacement. BUT we can get by with Murano for another year and really dont mind re-leasing it again. My questions to you guys are: 1. Is it a practice to negotiate a new short term lease with a current near end lease term with NMAC? ( considering the economy I think they should love me  ) 2. What is my car going to cost me and how would i figure out adjusted Murano price tag as well as new lease payments? my current stats: Type: 2005 Murano, SL (I have everything except for Navigation) Miles so far: 20K Lease permits miles: 12k/year Monthly pmt: $410 Down payments at origination: $0 Lease term: 39mo Condition: Not a scratch (knock on wood) Thanks for your help |
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Replying to: dannyhashovav (Oct 13, 2008 1:37 pm) thanks all. |
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Replying to: saltshaker (Oct 12, 2008 7:08 pm) Here's what a 39 month lease would look like. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 39 month lease of a 2009 Murano LE AWD with 12,000 miles per year are .00239 and 53%, respectively. Using these numbers, an MSRP of $41,375, and a selling price of $37,979, I come up with a zero down, pre-tax monthly payment of around $555...which is not very attractive. There are a lot of vehicles out there that are just as nice as the Murano that would cost less than this to lease. A few similar vehicles that would probably around the same or less to lease include the Toyota 4Runner, Toyota Highlander, Volkswagen Tiguan, Volkswagen Touareg, BMW X3, and Lexus RX 350 to name a few. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: hiloyo (Oct 12, 2008 11:59 pm) Your vehicle's residual value is set by the bank that you are leasing it through and individual dealers do not have the authority to alter it. However, dealers are often allowed to "mark-up" or pad vehicle's money factors to add additional, hidden profit to deals. This is why it is important to know what the buy rate is for the model that you want prior to visiting dealers. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: dannyhashovav (Oct 13, 2008 1:37 pm) You're right, the auto industry is in shambles right now, so you never know. Given NMAC a call directly and see if they are willing to work with you. As I mentioned, I suspect that they will not, but you don't have anything to lose by asking. If they are willing to extend your current lease at a lower monthly payment, make sure to stop back and let us all know. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 19, 2008 5:00 pm) appreciate your response and I will surely post what NMAC response would be after I call them to discuss. thanks again.
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Replying to: saltshaker (Oct 12, 2008 7:08 pm) |
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Replying to: indianajohns (Oct 19, 2008 9:48 pm)
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Replying to: jayrider (Oct 20, 2008 3:09 pm) |
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