Last post on Nov 16, 2013 at 7:50 AM
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Nissan Murano, Car Leasing, SUV
#817 of 1618 Re: Leasing 2009 Nissan Murano LE AWD with Navigation [jayrider]
Oct 20, 2008 (4:27 pm)
I also want to lease a 2009 Murano LE AWD. Why in 2005 was I able to lease a 42k Murano with GPS AND DVD for $389 month including taxes with 15k miles per year? My lease is up January 1st and would like to own another Murano, however I refuse to pay $600 per month for a leased car. All the dealers are complaining and actually had my dealer call today saying the the payment will increase if I don't take advantage this month. I found a quote for an Infiniti FX35 and G35 loaded with a better lease rate. I have been a loyal Nissan owner for the past 20 years, numerous Maximas, Pathfinders, 350Z and finally a Murano. I guess it's time to look for another SUV such as the Lexus or maybe the Mazda CX-9! Come on Nissan give us better Murano Lease options!
#818 of 1618 Re: Question about re-leasing my 05 Murano SL [dannyhashovav]
Oct 21, 2008 (5:31 am)
As promised. I called NMAC and spoke about wanting to continue with a lease on my 05 Murano, but at new, negotiated terms. First they had hard time understanding what I wanted ("Do you want to terminate your lease? You will have to pay termination fees..." the lady with a heavy accent kept asking....)Anyways, after about 10 minutes on the phone with them, I finally understood that I better be off with a new car, at new rates with new warranties and less hassle. though I really really love my car and would have a hard time parting with it
#819 of 1618 Re: Leasing 2009 Nissan Murano LE AWD with Navigation [indianajohns]
Oct 21, 2008 (11:32 am)
I actually was sold on the Edge, I was just about to pull the trigger when I thought I should just test drive the Murano. 30 seconds into the test drive I was sold on the Murano. The Murano's ride and transmission is light years ahead of the Edge. Edge is cheaper though.
#820 of 1618 Re: Leasing 2009 Nissan Murano LE AWD with Navigation [aillon]
Oct 21, 2008 (1:55 pm)
I had the same experience and I really wanted the Edge. By going with the Sl instead of the LE, with awd, premium, moonroof, leather, mats and guards my price came in at $29200. Don't think I could have done much better on the Edge. In three years when my lease is up, I'm hoping the Edge has been upgraded and polished to get me interested again.
Oct 21, 2008 (8:06 pm)
The Murano I'm trying to lease is an SL FWD with Leather and Premium pkg.
Msrp 32045 negotiated today 29117 today.Everyone happy til I pull the Lease card.
Whoa round and round we go,that price only for purchase bla bla bla.
Their next ploy Ok price is 29117 money factor .002750 and residual %52.
I said can you wait I want to call NMAC to see if those 2 numbers are current.
Whoa again bla bla you can't have everything your way bla bla.
I simply said are we through playing games and are we going to make a deal.
Response these are the numbers,my response Have a nice day.
Of course the salesman is chasing me across the parking lot explaining he had nothing to do with it,and maybe if i would look at a lower model Murano i could do better.
I actually called NMAC after I left the dealer and they would NOT tell me the residual or money factor,they said see a local dealer.
I guess my question after all of this is , how do I find the current residual and money factor from NMAC which is who the lease will be through.
Getting frustrated with Las Vegas Nissan dealers.Only 1 left i haven't been to.
Thanks for any help.
#822 of 1618 Re: [hiloyo]
Oct 22, 2008 (6:43 am)
My dealer in alton ,Illinois will sell you a murano sl with awd, moonroof, premium, leather, mats and mud guards --- list 34240 -- sell 29266 .
My lease numbers from them were money factor=.00315 and depreciation fee %59 for a 36 month lease. Those figures are from NMAC. What you do with sales tax and down payment is up to you but with $5400 down [includes $1900 tax] my payments are $330. 12k per year. The 39 month figures were .003025456 and 57%.
You could fly to St. Louis buy or lease the better equipped murano and drive it home and not have any grief. If you have the time you could save and take the bus.
The dealership is Autocenters nissan , wood river, Il. Good luck.
Oct 22, 2008 (10:33 am)
Why woud you put $5400 down on a lease, the idea behinding leases is to get into the car with nothing down... Use someone elses money to drive the car not your own.
#824 of 1618 Re: [flightnurse]
Oct 22, 2008 (1:23 pm)
Zero down would have cost me around $500 per month. With $5400 down my payments are $330. The difference of $170 X 36 = $6120. If I put the 5400 in a cd at 5.00% for 36 months then my $5400 would grow to $6251. A $130 penalty but I just feel better with the lower payments. If I put it in a 3-4% money market , I'm ahead about $130. This is my first lease so maybe I'll do things differently next time. From what I'm reading online, I still think I did pretty well for a rookie. I'm certainly open to advice on how to do better. Constructive suggestions are always welcome.
It's also worth noting that every lease offer I've seen has $3-5k down and that doesn't include sales tax. My $5400 included $1900 in sales tax. Very few sign and drive deals and those are usually base vehicles that I wouldn't want.
#825 of 1618 Re: Question about re-leasing my 05 Murano SL [dannyhashovav]
Oct 22, 2008 (5:46 pm)
You're very welcome, dannyhashovav.
Prices Paid: Buying & Leasing Experiences Forum
Oct 22, 2008 (7:44 pm)
I agree with flightnurse. Why would you put money down on a lease??? That is the point of leasing. Saving money vs a regular bank loan. The point really isn't WELL IF I PUT MY MONEY IN CD'S....blah blah blah. If the Queen had a package she'd be the King. The point is FIND A CHEAPER LEASE. People, you can't just go find ANY car and say "yes I will lease that one." Not if you are trying to get a good deal anyway. Shop around. Weigh the bank loan vs lease option.
I leased my Ford Edge (LOADED, AWD. MSRP $35K) for $349 with ZERO DOWN, ZERO OUT OF POCKET except first payment. That is how it's supposed to be done. If you find a car that is $30K and it's lease payment is over $500, you might as well buy it.