- #823 of 1225
-
Re: [jayrider]
by flightnurse
-
Oct 22, 2008 (10:33 am)
-
|
|
Replying to: jayrider (Oct 22, 2008 6:43 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 1225
-
Re: [flightnurse]
by jayrider
-
Oct 22, 2008 (1:23 pm)
-
|
|
Replying to: flightnurse (Oct 22, 2008 10:33 am)
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 1225
-
Re: Question about re-leasing my 05 Murano SL [dannyhashovav]
by Car_man HOST
-
Oct 22, 2008 (5:46 pm)
-
|
|
Replying to: dannyhashovav (Oct 19, 2008 5:52 pm)
You're very welcome, dannyhashovav.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
|
- #826 of 1225
-
Re: [jayrider]
by chuck68516
-
Oct 22, 2008 (7:44 pm)
-
|
|
Replying to: jayrider (Oct 22, 2008 1:23 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.
|
- #827 of 1225
-
Re: [chuck68516]
by stoopy
-
Oct 22, 2008 (8:06 pm)
-
|
|
Replying to: chuck68516 (Oct 22, 2008 7:44 pm)
I've been looking at 09 Murano. I'm with you. I just can't justify paying over $500 a month for a leased vehicle. Frankly, it is ridiculous. You are supposed to only be paying for depreciation and usage fee. I have been reading this forum hoping for some wisdom or a beam of light or something. Mostly all I've read is how people are getting WORKED by their dealers and Nissan.
I got a quote for an 09 Subaru Forester Limited AWD loaded for 36 months NOTHING DOWN and it was $353 a month. A $29,000 MSRP truck and it wastn't $500 a month!!!!!!!!!!!!! I'll probably go with that.
Good luck to all.
|
- #828 of 1225
-
Re: [stoopy]
by jordang
-
Oct 23, 2008 (2:24 am)
-
|
|
Replying to: stoopy (Oct 22, 2008 8:06 pm)
Wow, did anyone catch the article that Nissan is cutting back production on the Murano because lack of sales and large inventory? Why spend millions of dollars on Murano advertising when no one can afford the lease? Maybe Nissan wants out of the lease business.
|
- #829 of 1225
-
Re: Question again [pasell3]
by jnalpak
-
Oct 23, 2008 (6:05 am)
-
|
|
Replying to: pasell3 (Jul 17, 2008 5:29 pm)
this sounds like a great deal, can you send me the dealer you got this from as i am being quoted your deal but for a SL....i would rather the LE if i could get your deal.
thanks
|
- #830 of 1225
-
Re: [chuck68516]
by jayrider
-
Oct 23, 2008 (7:01 am)
-
|
|
Replying to: chuck68516 (Oct 22, 2008 7:44 pm)
Gee Chuck , thanks for the constructive reply. I especially liked the caps that emphasized your respectful, helpful demeanor. And the blah blah blah comment really set me straight in a friendly sort of way. I hope you enjoy your Edge. My wife and I really enjoy the Murano.
Now getting back to the topic, I would be interested in the details of your lease. When you got it and for how long? Did you get the LTD Edge and what did you do about sales tax. Do you have any knowledge of the domestic manufacturers discontinuing leasing because I don't see much advertised in this regard. Thanks
|
- #831 of 1225
-
Re: Leasing 2009 Nissan Murano LE AWD with Navigation [Car_man]
by jayrider
-
Oct 23, 2008 (12:52 pm)
-
|
|
Replying to: Car_man (Oct 19, 2008 4:46 pm)
you read my lease details which have been targeted as less than stellar. Like I said, I'm a rookie at leasing but love the murano and still feel I did ok putting $ down. Probably do it differently next time but all car deals are money losers. Anyrate you mentioned the BMW X3 as a better leaser. Checked online and the deal is $3289 down plus tax [$2500] and title, reg, and doc fees extra. Probably 6k down. This is for 36 months at $389 per month / 10k miles per year. This is a base vehicle without heated seats and no moonroof. I like the murano much more than the BMW so show me the error of my ways. If BMW would agree to waive my downpayment and pay my taxes and add 2k miles per year and make my payments $330 instead of $389 then I would agree the deal is better. Show me the light!
|
- #832 of 1225
-
New Lease Specials Tomorrow?
by jordang
-
Oct 23, 2008 (1:24 pm)
-
|
Someone at Nissan must be reading all of our posts, two different dealers told me that Nissan will be releasing new lease and purchase specials tomorrow.
Could this be true?
|
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences 
