2020 Murano Deal Check

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Hi, first time leaser. I would greatly appreciate any feedback on the following quote. Please see terms and lease calculator link below. Thank you in advance.

Model: 2020 Nissan Murano AWS (Trim Level S with tech package)
MSRP: 35,460
Selling Price: $33,780 (4.7% off MSRP)
Residual: 24,112.80 (68%)
MF: 0.00042
Mileage: 12,000
Term: 24 months
Rebates: $3,450
Monthly (including tax): $354
Capped taxes: $1,059
Leasehacker score: 8.8 years

The lease calculator gives me $337 because it assumes an upfront tax payment of 311, which I am not making (because it’s built into the monthly payment). When I spread it over 24 months, I get closer to the $354.

What does Edmunds forums say about MF and incentives

^^^^^ I agree did u confirm MF and RV with Edmunds 68% RV that is bold for Nissan dealer discount is weak it would have to be more meat on the bone to make me consider another Nissan.

What is the due at sale the dealer is asking for?

You’re missing dealer fees in your calculator

Cash required on delivery:
First month payment: 353.85
Registration/Plates: 360
Total: 713.85

Also, confirming MF and Residual on Edmunds as we speak.

Thanks

That’s part of why the monthly doesn’t match on your calculator. You have different das amounts.

4.7% off MSRP pre-incentive is really weak, especially on a Nissan. I would push for closer to 12% to be on the conservative side. There are broker Murano deals on the forum that you can reference.

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The calculate defaults to showing “Upfront Taxes: $311” under Drive-off, not sure how to change it so that it is incorporated in the payment. I am not paying that upfront.

Better deal on a Murano SV from this broker in your area.

Based on OP post hes putting the bank fee and all his taxes into the payment. The link you put up for SV @ 313 doesnt include either of those, on top of which it does include a LOYALTY rebate which based on his layout he doesnt qualify for. Therefore his effective rate on an SV all things being equal will be significantly higher.

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Thanks for the details. Still learning how to interpret these calculators…

Everything you have is correct. the difference you are seeing is

A. the tax is charged up front, not a big difference maybe $3 a month.
B. the rebate you are getting, $3,450, is also taxes which is not in your DAS so its getting capped. Thats why your base payment to your tax in payment has such a big difference. Assuming your tax rate is 8.875% on $3,450 is getting put on top of your regular sales tax on payments. If you try that im sure you will come to a number closer to what youre getting.

Thank you, still waiting to confirm MF/Resid from edmunds. Do you think it make sense to tell the guy I am working with to take the discount up to 7% from 4.7%? That’ll produce a payment of $322? This is where I would be comfortable with. I called a few dealerships and brokers, and this seems to be in the ballpark.

Right now no one has these cars, Murano S, in stock. Part of my business is we wholesale certain brands including Nissan to brokers… at the present time my discount to brokers is invoice-$700 on Murano S and I have people fighting for them, a queue 14 cars long, as soon as I get them I deliver at least 6 per day. At that price they have to make something therefore the price is in line. The markup on this car is only 15-1600 so thats about what hes getting, invoice price.

you could but at the risk of losing the car, they are close to impossible to get right now. Broker could give you a good price but ask them how soon you can pick up and then see what they say

Don’t stress about the breakdown of the upfront amount. Just make the das match

Not budging, car can be available as early as tomorrow.

Edmunds confirmed the same as above:

.00042 and 68%
$3450 incentives

Not at $322, the few places that have them have them because they cost more. If you want the car youll be hard luck finding one for less than $354 that can actually deliver.

Good luck in your search