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2013 and earlier Nissan Rogue Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello msubobcat. Vehicles' residual values gradually fall as the model year progresses, making them increasingly expensive to lease unless their manufacturer provides a tremendous amount of support on them. As a result, at some point late in the model year, automakers usually pull the plug on their leases support for leftover models and replace it with a straight cash incentive. That is what Nissan has done with its '08 models. You cannot lease an '08 Rogue through NMAC any longer.

    Car_man
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  • tjrusstjruss Posts: 12
    Hi Car man,
    I will be making a decision on a Rogue in the next 2 weeks. Here's what I got from a local dealer;
    2009 SL AWD w/Premium package.
    MSRP - $26,255
    Sell price = $23,100
    39 months @ 12k miles
    $0 down, $381 mth or $1500 down (to cover tax, title, inception, etc) and $337 mth.

    Based on July's rates, does this sound right? I was hoping to get closer to $350/mth with $0 out of pocket. Possible??
    They seem to be selling a lot of Rogues, so I'm wondering if they're not as anxious to deal...
    Any assist is appreciated. Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi tjruss. The Rogue that you described probably has a spread of around $1,850 between its full MSRP and its dealer invoice price. On top of that, Nissan is providing a $1,000 cash incentive on leases of this vehicle in your region, the Northeast. That gives you a total of around $2,850 to play with during your negotiations. The $3,155 dealer discount that you were quoted is even larger than that. That is an excellent selling price. Just make sure that the dealer that you are working with uses NMAC's current buy rate lease money factor of .00230 to calculate your monthly payment and you're in business.

    Car_man
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  • cla2021cla2021 Posts: 3
    Just got the following offer:

    Rogue SL AWD + premium + leather + moonroof - 29k msrp

    39 months, 15k miles/year

    $2000 down + $373/month.

    This is my first lease and I'm not too familiar with Rogue deals, can anyone tell me if this is a good deal?

    This was from Bruce Bennett Nissan in Wilton, CT.

    Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi cla2021. The easiest way for me to evaluate this deal is to look at the selling price that was used to arrive at the payment that you were quoted. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how large a dealer discount you are being given. Let us know what it is and I'm sure that either myself or another helpful community member will gladly let you know what they think.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi cla2021 we just got a 2009 Nissan Rogue SL AWD with premium, leather, moonroof, all the works
    39 months, 15K miles x Year, $2,000 total out of pocket, $300 x month
    Nissan Of Garden City in Long Island, NY
    Msrp $29 and change.

    to be honest I care about the payment more than the final price.
  • t_ct_c Posts: 13
    Does anyone know the money factor and residual on the Nissan Rogue SL AWD with premium, Leather, and moonroof?

    I'm looking at the same as the one above my post, but I was quoted $339 with $1k down? (39 month lease)

    Also how much higher does the money factor go up for a little longer lease?

    And sorry for all the questions, but what happens when your bringing negative trade into the lease? :confuse:
  • I am interested in leasing an 09 Rogue in early November.

    What do you think would be a good lease for SL AWD with leather, and moonroof with zero down, 36 mths, 12,000 miles a year?

    Also what about FWD SL with moonroof with zero down same terms?

    Trying to get a cheap lease but want a low payment.
  • i just leased the S AWD yesterday basic with no options what so ever for $280, 0 down and 15000 miles a year! the msrp for the one i got was around 22k so i dont know i think every $1000 extra in msrp is aroud 15 a month. i could've acutally negociated down even more but i had my wife with me and she hates the process so u could do even better!
  • You got a great deal!!! I just want a cheap lease and I do not like putting money down. If I could get an SL with a sunroof no other bells and whistles I would be very happy. I won't be ready though unil Nov as that is when my current lease with Honda is up.
  • I signed the papers for a new Rogue today. Do you think this is a good deal?

    2010 Rogue SL FWD White exterior, black cloth interior with sunroof, bluetooth, intelligence key with zero down (I gave the dealership $0) and they cut me a check for $752 for the last 2 remaining paments on my honda lease. 39 months, 12k a year for $379 including all taxes out the door. They paid all my taxes, tags, license, registration.
    Drive off the lot with zero dollars out of my pocket and next payment due in 30 days.
  • Hi t_c. Here's the information that you're looking for. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2009 Rogue SL AWD with 15,000 miles per year are .00196 and 55%, respectively. Its numbers for an otherwise identical 39 month lease are .00196 and 54%.

    The numbers for anything longer than that are a lot worse. For example, NMAC's 48 month numbers are .00290 and 40%.

    Car_man
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  • t_ct_c Posts: 13
    darn... I got .00231 for a 39 month term. maybe the credit was a little lower, or the dealer made more of a spread. but I was satisfied with the payment and what they gave me for me trade, so I can't complain to much.

    Thank you for the information!!

    By the way my wife loves the car!!
  • Anybody think the following is a good deal? I've got it from one of my local dealers.

    2010 Nissan Rogue SL AWD (Gotham Grey)
    + AWD Premium Package
    + Leather Package
    + Moon-roof
    = $900 upfront + $370/m

    Thank you.
  • Hi Car Man,

    I was wondering if you could help me? I have been reading some of the posts and have taken note that models loose their residual value at the end of the model year. I hope the Rogue isn't too gone. I am looking at a 2009 SL AWD with sunroof/awd prem package/leather package plus a few small extras (mats, guards, kickplates, etc). The sticker price is $29455 and they are advertising it on their website for $25401. I assume this advertised price includes the $1250 cash back that Nissan is offering. What should I be looking for as far as a great lease price for 36-39 months, nothing down except 1st month's payment? Oh, and I need 15k miles a year. I have went on some calculators, but the payments are coming in around $500 a month and people here are saying they are getting them for under $400. I just don't want to get ripped off.

    Thanks so much!!!
  • Hey cous. I don't know this vehicle's exact dealer invoice price, but it likely has a spread of around $2,250 between its MSRP and invoice so we'll use that number for this exercise.

    Things get a little more complicated from there. Through the 18th of this month, Nissan is providing a special $500 cash incentive on this model everywhere. So far so good, however it has a $1,000 cash incentive on leases on this vehicle that's only available in certain areas. If you let me know what state you are in, I would be happy to tell you if this additional cash is available in your area. It will make a big difference.

    So we're looking at anywhere from $2,750 to $3,750 to play with in your negotiations. I personally would shoot for a $2,250 total discount on the areas that don't have the additional grand and $3,250 in the areas that do.

    According to my calculations, if you were to lease a 2009 Rogue SL AWD that has an MSRP of $29,455 and a selling price of $27,205 through NMAC right now for 36 months with 15,000 miles per year your zero down, pre-tax monthly payment would be around $393. The payment drops to around $363 in areas that have the extra grand.

    Good luck. Make sure to let us know if you have any other questions and how everything turns out.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • bad1550bad1550 Posts: 27
    Hi,

    I am considering leasing a 2010 S AWD for $178 per month for 39 months, 12k per yr with a total of $2,675 down which includes Bank fee, taxes plus DMV. They are also paying off last 3 months left on our 2006 Nissan Murano at $314 per month.

    The dealer is in NY, Westchester county.

    Is this a good deal?

    Thx,

    Bob
  • csc2csc2 Posts: 7
    Hi Car_man - I have just seen this lease deal at my Vegas Nissan dealer:
    Can you tell me if this is something worth doing? I have no clue how to deal with leases and am at a disadvantage being a girl amongst the Vegas salesmen sharks.
    Thank you! Carla

    2010 Rogue S AWD w/ Splash and Mats Lease
    39 Months - $199/Month - $3,594 initial payment.

    2010 Rogue S AWD w/ Splash and Mats Lease
    39 Months - $199/Month - $3,594 initial payment.

    Excludes taxes, title, license. $3,594 initial payment required at consummation. (Includes $2,800 consumer down payment, $199 first month payment, and $595 Acquisition Fee).(INCLUDES $1,000 cash back applied to $199 MONTH lease. Offer valid only when financed through Nissan Motor Acceptance Corporation.)

    Subject to residency restriction. Varies by Nissan Region.

    2010 Rogue S AWD w/ Splash and Mats model 77419 subject to availability to well qualified lessees through Nissan-Infiniti LT. $22,650 MSRP incl. destination charge. Net capitalized cost of $18,899. Dealer contribution may affect actual price set by dealer. Monthly payments total $7,761.00. At lease end, purchase for $14,269.50 plus $150 purchase option fee (except KS & WI), plus tax, or pay excess wear and tear plus $0.15 per mile for mileage over 12000 miles per year. Lessee is
    responsible for maintenance and repairs.
    A disposition fee is due at termination of lease term.
    See participating Dealer for details. Offer ends November 2, 2009.
  • csc2csc2 Posts: 7
    I was also wondering...the $199/mo is probably not inclusive of tax, license and fees, right? how much would I be looking at in reality monthly and how can I negotiate down payment and whatever else? Is there such thing???
    Thank you for your help.
  • lfcarlfcar Posts: 3
    Car_Man

    Any update on Octobers lease rate and residual.

    Based on their national lease incentive I backed out a 63% Residual on a 39 month lease, 1k miles per month. Lease factors is ??? .00245 ???

    So far I have gotten a deal for $273 per month, $0 down for an Rogue S with MSRP of $21,305.

    Also, what should the discount off of MSRP run with the $1,000 back for leases right now.

    Trying to nail down all the moving parts to get the best deal.

    Many Thanks for your response!

    Larry
This discussion has been closed.