[elansp]

Thanks in advance for any insight....

I'm looking into getting either an SE/SL AWD w/all options except Navigation on either car (leather, moonroof, traction, cold package). Can anyone tell me what their lease prices have been( 39mo, 12k/yr)? I've got great credit which allows me to lease w/$0 down. Using lease calculators and basing assumptions from dealer invoice, I've come up with a price of $406/mo as per terms above (pre tax, $32k invoice). Is this not attainable?

 

[rtking]

On Edmunds, they list a lease "special"

I was checking on Edmunds and they list a lease special for an SL AWD with the Premium package, Leather and Sunroof for $512 a month. I've pasted the details from Edmunds site below.

Somehow $512 a month seems steep to me. Am I off base? I'd almost call this a "Dis-incentive" (maybe just a "Dis"?) On top of the $512, you've got to add tax and license fees... so the monthly payment is in the neighborhood of $540-550 a month.

I plan on purchasing my MO anyway since I drive a bunch of miles.

Bob K.

---------Nissan Lease "Special" below-----------

$512 Monthly Payment Calculate Other Monthly Payments
36 Month Term
$1487 Down Payment
NA Security Deposit
12000 Annual Mileage
Restrictions Lease based on 2003 Murano SL AWD with SL Premium Package, Leather and Sunroof (model #17813) subject to availability to qualified lessees through Infiniti-Nissan LT.
Comments Excludes taxes, title, license and options. $1,999 initial payment required at consummation. (Includes $1,487 consumer down payment, $512 first month payment, $0 security deposit).

 

[elansp]

Yeah, that definitely seems well north - personally, I don't like Edmunds lease calculator - since I'm in finance, I like to look at all components via a spreadsheet - this also helps me to see where dealers are potentially screwing around with lease. Nissan dealership in Northern NJ quoted me $498 and I still thought that was high (not sure if that included tax or not).

 

[LadyM2b]

They have been advertising a $399 per month lease here in the Pittsburgh area.
Today's Sunday Paper Ad of Wright Nissan in Wexford states the following:

SL with Premium package and moonroof (does not include all your desired options)
48 month lease $399
$2149 Total out of pocket plus tax and license

I don't know any further details (mileage allowed etc.) about it. All I know is that I've seen them advertised at this lease rate several times by several dealers in the last few months.

 

[MusicMan]

MO lease

I met a guy recently who had just leased a Murano in Dallas, Silver with Caffe Latte Leather Seats. He was paying $450/month for a lease. I don't know all the options it had. I'm pretty sure it had a sunroof, and I don't think it had navigation.

The dealership had quoted him $450 over the phone, and then told him $750 when he got there. He said he threw a major tizzy fit and evenutally got it for $450.

Just more evidence of the deceptive standard business practices of car dealers.

 

[muranoinvt]

I am not sure what the advantage would be leasing these days. I financed my Murano for 5 years with an interest rate of 3.19%!! I can't imagine why anyone would lease with the rates so low.

 

[lmuscella]

I was going to lease my MO before I looked at all the facts. My MO came pretty much loaded, except for the chrome wheels, trailer, and DSC and with $3500 down my payment was going to be $429 for 39 months. Since rates are so low I just bought it and ended up paying $453 and adding an extra year. But I should have it payed off way before then.

 

[elansp]

uh oh, thanks for making me feel guilty!


Just picked it up - dealer had ~ 30 on lot and wanted to move the car same day....got $0 down, $445/mo 12k/yr for an SL AWD with all options excl NAV - moonroof, moonroof wind visor, leather, heated seats, tow thingy for boat, DCP option, and traction control....this baby is loaded!

I definitely feel satisfied that I squeezed the dealer accordingly...

 

[rainbowfarm]

Gimme dem low rates!

In Canada, the first year of the Xterra the lease rate was so much higher than the Pathfinder that the PF was actually cheaper than the $6,000 less XT (MSRP).

They're doing the same with MO: 5.8 to buy, 6.0 to lease an SL, and 6.5 to lease an SE.

Compare that to PF and Altima at 0.9%!

Bring down the APR, or bring down the rate... the day they do it is the day I buy.

They'll drag it out right until the last minute (when the 04s start arriving, and possibly after that into winter).