- #876 of 1225
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Re: [tonyk]
by dsk4
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Nov 18, 2008 (9:10 am)
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Replying to: tonyk (Nov 16, 2008 10:32 am)
I'm in Maryland and the dealership is Jones Nissan in Bel Air. It took me about 3 weeks to work the deal. The sales guy was very nice and didn't take it personally at all. His name is Ray, you can't miss him. good luck.
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- #877 of 1225
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Lease money rate question -- Car man or kyfdx
by jayrider
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Nov 18, 2008 (2:34 pm)
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If after you negotiate the best price on a murano and get the depreciation %, if you are not happy with the money rate, can the dealer make it better or does nissan dictate the factor? Example--- I say that everything looks good for a deal today but the money factor is not competitive with Bmw for instance. If they really want to make the deal and I start walking out the door, what's the chance I can improve my deal ?
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- #878 of 1225
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09 Murano lease question for Carman
by tonyk
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Nov 18, 2008 (7:01 pm)
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Carman,
Is this a good deal or do you think residuals and mf will get better towards end of Dec. My lease is up Jan. 5, 2009 and wondering to hold off until end of year for better deal. MSRP $36,715, Sale price is $32,696. MF.00208, residual is 56% or $20,560. $1,000 total out of pocket, 39 month with 15,000 miles is $467/month. Do you think it will get better or pull trigger now? I heard it is expected to get better after Thanksgiving Holiday!!
1. Splash Guards
2. Dual Panel Moonroof
3. Premium Pkg
4. Technology Pkg
5. Leather Pkg
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- #879 of 1225
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Re: To Car Man ;Negotioning money factor [jayrider]
by Car_man HOST
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Nov 19, 2008 (4:41 am)
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Replying to: jayrider (Nov 13, 2008 4:42 pm)
Hi jayrider. Don't worry, it looks like you got an excellent deal. Vehicles' money factors aren't exactly negotiable. Dealers can not use lower money factors than the ones that banks publish. However they are sometimes allowed to mark money factors up to add additional, hidden profit to deals. That did not happen on your lease. Nissan Motor Acceptance Corp.'s October buy rate lease money factor for the Murano was the .00239 that the dealer used to calculate your lease payment. This is as good as it was going to get.
I hear what you're saying about leasing in Illinois. The tax laws there are much worse for lessees than they are in most other parts of the country.
Car_man
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- #880 of 1225
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Re: Lease Offer last night [ngordon]
by Car_man HOST
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Nov 19, 2008 (4:44 am)
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Replying to: ngordon (Nov 14, 2008 11:52 am)
Hi ngordon. It is difficult to say what Nissan's December lease program for the Murano will be like. At some point, manufacturers will start to cut production rather than continue to crank up incentives on their vehicles. Nissan recently announced two significant production cuts. If I recall correctly, the Murano is one of the models that it is cutting back on. This leads me to believe that a major Murano blowout is not in the cards, but it is entirely possible that Nissan's December lease program for it will be a little better than its current one. I don't expect to see an money factor on it like the one that you got on your Altima earlier this year though.
Car_man
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- #881 of 1225
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Re: Lease Offer last night [Car_man]
by ngordon
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Nov 19, 2008 (7:02 am)
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Replying to: Car_man (Nov 19, 2008 4:44 am)
Thanks Car_Man,
I am hoping for a little more help from Nissan for Dec. Compared to so many in the class (CX-7, Highlander, Edge, Tiquan, etc), I can't find any better or more vehicle for the money...unless you have a suggestion?
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- #882 of 1225
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Re: Lease Offer last night [Car_man]
by jayrider
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Nov 19, 2008 (7:40 am)
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Replying to: Car_man (Nov 19, 2008 4:44 am)
Nissan played it right by not having any 08 muranos to put pressure on inventory issues and subsequent discounts. They can cut production and wait it out til the 2010 models start being assembled. My guess is that they will be very careful not to oversupply dealers at that point so dealing will be tougher. Having said that, there are a load of high priced LE's on the lots that will not be all gone by next fall. The prices on those could drop but the net price will still in the 30-33 price range. Still a steep buy for most folks in that market. If the Infinity FX crowd decides to look at this model [not likely -- less prestige but similar vehicle] they could that could result in lower inventories.
Really love the murano. And Car_man, you can be sure that in three years I will make every effort to squeeze that money factor to test the market. Of course, who knows what the market will be in three years.
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- #883 of 1225
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Re: Lease money rate question -- Car man or kyfdx [jayrider]
by Car_man HOST
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Nov 19, 2008 (5:15 pm)
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Replying to: jayrider (Nov 18, 2008 2:34 pm)
Good question, jayrider. Banks set vehicles' buy rate lease money factors. Dealers can not charge less than these buy rates, however they are sometimes allowed to "mark-up" vehicles' money factors to add additional hidden, back-end profit to deals. This sort of thing is much more likely to happen at a BMW dealer than it is at a Nissan dealer, but it doesn't hurt to confirm the money factor that you are being charged is the buy rate.
Car_man
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- #884 of 1225
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Re: 09 Murano lease question for Carman [tonyk]
by Car_man HOST
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Nov 19, 2008 (5:19 pm)
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Replying to: tonyk (Nov 18, 2008 7:01 pm)
Hi tonyk. The Murano's residual values certainly won't improve in the future. Vehicles' residual values gradually fall as the model year progresses. It is difficult to say whether Nissan's December lease program will be better than, the same as, or worse than its current one. If I had to make an educated guess, I personally would say that it will probably at least be the same, and possibly better. I certainly wouldn't waste a lease payment by turning in my current car a month early to get a Murano in November if I was in your situation.
Car_man
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- #885 of 1225
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Re: Lease Offer last night [ngordon]
by Car_man HOST
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Nov 19, 2008 (5:24 pm)
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Replying to: ngordon (Nov 19, 2008 7:02 am)
Hi ngordon. I haven't crunched the numbers for all of the Murano's competitors, but of the ones that you mentioned I suspect that the Highlander is a better deal than it and the Edge probably is as well. If I was in the market for a mid-size SUV, I would go with the Highlander. It just seems like the best bang for the buck right now.
Car_man
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