Hello and thank you for providing this awesome opportunity to get much needed feedback. I leased a 2018 Nissan Murano S on 8/20/18. Nissan is offering to let me out of the lease because of problems I’ve had with the car. I will supply add’l details if you ask. One of the three options I can take is to get into a 2019, same model and trim (they will absorb up to $1000 in extras), under the same contract. I thought I got a kick-butt deal until I discovered this site and read about others deals on higher models. I’m hoping someone will be able to say whether or not this is a good deal. It will help me decide if I should take my money (another option) and run somewhere else, or stick with the 2019 Murano. I’m in Los Angeles. I don’t know the MF. Thanks so much.
I calculate MF=822.65/36/2400=0.0095
What was MSRP? Are they giving you $1000 if you walk? That covers your drive offs initially and maybe a little extra so there’s not much “profit” if you walk, but if you can lease a similar car for a lot less, it seems it would indeed be good to walk simply to have the same (or more) for less cost.
See if you can get a deal for less then decide.
MSRP was $33005. I’m waiting on formal offer but understood them to say verbally I will receive all payments made, including down and incidentals. I will be required to pay for the miles I put on the car up until the point the first problem occurred (2537). I think this applies whether I walk or take a 2019. So, I’m expecting around $2000ish back; ($318 X 8) + $800 - $600 - $744…(montly payments plus down minus miles I put on the car minus I’m probably off so allowing for a mistake in this calcultion)
My hope in posting this topic was to find out if I was already in a great lease. I agree that if I can lease a similar car for a lot less, that would be the thing to do. Is the lease I got great, okay or bad? It would be easiest to just take the 2019 but I’m not opposed to moving on, especially now that I know I can pay a broker for a great deal (I think).
Thanks again for your help.
Seems decent, relative to others that have been posted here. Try typing it all into the calculator and see what score you get. I would guess that you are not going to drop payments to the tune of 2000 over 24 mos and save $83/mo for that car. That would be a unicorn
Thank you for your feedback.