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2013 and earlier Nissan Rogue Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi Ray. Don't worry about Nissan's May programs supposedly expiring. Its June program for the Rogue is very similar to its May program. Let's take a look at the selling price that you were quoted for this truck. The Rogue that you described has a spread of slightly over $2,300 between its full MSRP and its dealer invoice price. You were quoted a discount of a little over $3,000 on this truck. This means that you are probably in one of the areas where Nissan is providing a $1,000 cash incentive on leases of the '09 Rogue and that this is a very good deal.

    You definitely cannot lie about having a pretend family member that works for Nissan and expect to get away with it, but your neighbor may be able to hook you up with the ability to purchase through the VPP program.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello sahm2kga. The VPP program should enable you to purchase, or in this case lease, the Nissan product that you are interested in for a set price without having to haggle...regardless of what dealer you go to.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey jmcbmw. Here's the latest info for you. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease o a 2009 Rogue S 2WD with 15,000 miles per year are .00234 and 60%, respectively. The numbers for an otherwise identical lease of an '09 Rogue S AWD are .00234 and 62%.

    The money factors for 39 month leases of these trucks are exactly the same, but the 39 mo. residuals are 1% lower.

    Car_man
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  • gilmorejgilmorej Posts: 6
    I am trying to lease a Rogue SL AWD with options that bring the MSRP to $28,675.
    I have tried to get the Manhattan (NY) Nissan dealer to comit to a lease deal by e-mail, but no luck so far. Will go there in person tomorrow. I am looking for a 36 month lease, 12,000 mi/yr and apx. $999 down. What do you think the terms should be if this is to be a good deal.

    For comparison, I am looking at a Honda CR-V LX, same money down, same everything, with a monthly payment of $273. I know the Nissan comes with more features, but also know the Nissan Rogues have a deeper discount than the Honda.

    thanks
  • scubadoo2scubadoo2 Posts: 13
    I leased a 2009 SL with all options, $29,200, for $327/month/15,000 with tax, bank fee and mv fees down. Many others have gotten similar deals. Hondas do not lease as well because the initial discount is not as big. Residuals and Money Factors are similar.
  • gilmorejgilmorej Posts: 6
    Very helpful, Finally heard from the local dealer. He is offereing the following terms on a 2009 Rogue SL fully loaded (MSRP $29,200)
    $2,000 cap cost reduction
    $229 month X 42 months
    10,000 mi./month

    I don't like the 42 months or the miles, but if I could get the deal for $2,000 cap cost reduction, $229 for 36 months and 12,000 mi./month that would seem like a pretty good deal.

    opinions?
  • scubadoo2scubadoo2 Posts: 13
    That is a good deal but don't do the $2,000 cap cost. With $0 cap cost your payments should be about $280 which is a great deal.
  • gilmorejgilmorej Posts: 6
    Just got back from the dealer and we talked about a 39 month lease with 12,000 miles per year, $2000 cap cost reduction at $259 per month. I prefer to pay the cost cap reduction and have a lower monthly payment. I am inclined to take the deal after I test drive the car later in the week.

    No real room for negotiation given the promotion that Nissan is giving on fully loaded SLs this month.
  • scubadoo2scubadoo2 Posts: 13
    If you drive off the lot and total the car day 1 that $2,000 is gone. Insurance just pays off the lease.
  • gilmorejgilmorej Posts: 6
    Point well taken...A risk I will have to take, living in NYC monthly payment is a concern since it is only the beginning. Will have to add on parking garage (more than rent in most parts of the country) + insurance. Thanks for the help.
  • olivioboliviob Posts: 23
    Hi Car Man (and others!)

    Hope you are well.

    Wife and I trying to lease a Rogue, SL w leather/prem/moon - 2wd.) We went to dealer came back w ridiculous lease prices and wouldn't negotiate (quoted 385/mo tax inc w 1g drive off.) Sticker @ 27k. I THINK the money factor was .00235 and the residual @ 56% - I think w/o leather tho not sure.

    Looking for 39mo/12k mi/year. What should I expect to pay for min drive off (1st mo and fees - no more than 1g). Live in the Los Angeles area. Have tier 1 credit. Anyone have some advice or suggestions? Thanks so much!

    oliviob
  • msubobcatmsubobcat Posts: 1
    Hello to anyone who can help. The Nissan dealership in my town currently has not gotten rid of all of their new 2008 Rogues and doesn't have any 2009's available for lease. Does anyone know if you can lease a new 08 Rogue, or at this point are they only available for purchase?

    Also, I've read a lot about starting out at invoice pricing when trying to negotiate a deal. Problem is for an 08 I can't find anywhere that will give me invoice pricing. I have looked at invoice pricing for 09 SL base models, and it shows it is only around 20-21k and MSRP is about 23k. Being the case the 08 Rogue I am interested in has a price of 28k for a base model, which is unreal to me considering a 09 base model can go for 23k. Is my dealership really pricing THAT much over invoice, and if so...where would I even begin negotiations?

    This will be the first time I'm leasing a car and want to do it right, if anyone has any input it will be greatly appreciated. Thank you!
  • tjrusstjruss Posts: 12
    Hi all - great forum, very helpful.
    I got a quote today from a dealer in New Jersey for a 2009 SL base w/moonroof.
    39 months/12k yr miles
    MSRP= $25,175 (I'm questioning him on this - edmunds shows it should be closer to $24k)
    Sell price = $23,431
    Upfront= $1740 (tax, MV fees, 1st payment, etc)
    Residual=$14,601.50
    Money Fact - .00234
    Monthly payment = $303.98

    What do you think? From what I read hear, sounds like others are doing better.
    The dealers here in N. Jersey don't seem to want to do too much over email, so I'll be going there tomorrow. Hopeful that I can leverage last day on June for some extra discounting.

    Does anyone know if the lease program will change much for July?
    Thanks for any assistance.
  • sofie80sofie80 Posts: 6
    I tried to do the right thing, I gave back my beloved Pathfinder (06--ABSOLUTELY trouble free!) and leased a 09 Rogue SL AWD Wicked Black w/leather, as loaded as a Rogue can be. I feel like I am riding in a golf cart!!!!
    I don't get what EVERYONE on these posts seem to be raving about! I can't see properly out of the rear window, the headrests block on both sides. I DID NOT know this "SUV Crossover" used a SENTRA chassis!!! What NERVE and it's priced at just under $30K!!!!!
    Even the Bose sound system seems lacking. I have had this auto for exactly (1) WEEK and I only have 38 MONTHS to go!!! I wish I had read the contract 1 had 48 hours to change my mind. I would have switched back to a Pathfinder in a minute!!! Gas price be damed! I KNOW this Rogue is safety rated at 4-5 stars. But I don't feel safe/secure in it! I feel :P that when I am coming on the highway that I have to floor the gas and cross myself!
  • sofie80sofie80 Posts: 6
    If u see my post below you know I am not a happy camper but that's not a bad price. I pay more per month but put much less down. Under 1,000K, also have fully loaded (like it matters) also leased in NJ. Dealers in NJ MUCH better then NY!!! Like that u drive car home same day. Will say that I INSISTED that I have the "wicked Black" which dealer DID not have on lot. I had to wait a few days. If u are flexiable on color (I am NOT, I know it's lame but it's a thing I have) u could definately get a lower price.
    HONESTLY, think it over carefully, I REALLY would not have gotten this auto (I REFUSE to call "it" a truck/suv) had a read some of these comments esoicially about the rear window. I am 5'5" and it's REALLY very hard to parallel park this thing. Frankly, I CAN'T and where I live that's a problem! hope I helped. good luck with whatever u decide.
  • sofie80sofie80 Posts: 6
    It's not a $$ thing, it's a safety thing. Did the chevy have a 4cyl.? Does she realize that she won't be able to see out the rear window. I know people on this forum have found ways around these issues (put al seats down, adjust mirrors) but what it REALLY comes down to is...IF YOU CAN'T SEE ALL AROUND SAFELY YOU ARE NOT SAFE!!!! btw,that's not a bad price, but I would have Mom keep looking! I don't feel safe going over 60 in mine!
  • sofie80sofie80 Posts: 6
    navigation is NOT in dash u do know this right?
    I was offered that no charge if I'd take car off lot (no, wanted "wicked Black") Salesman told me, "we'll give u the Nav no charge if u take color on lot". That's when I went & looked and saw no place to install it, it would be a garmin which we already have! That's not a big deal u can get one off amazon for $150.
  • sofie80sofie80 Posts: 6
    No, I am tier1 & pay 390.97(Mgr. snuck that .97 in at LAST minute...) I have same model u have. Sounds legit to me. Do u like the Rogue? I dislike it Very much & i've had "it" for 1 week!!!! I feel like I've been duped! My husband likes it & I knew it was better on gas then my Pathfinder(Boohoo...how I miss that boat!) After reading some of the issues others have had with this car I am really sorry I am stuck for another 38 months!
  • sofie80sofie80 Posts: 6
    The SL is a nice price, but try to put less down (this is a lease...u own nothin after term!)

    We offer nothing down then the fun begins...be prepared to walk (seriously...NEVER EVER Pay what the salespeople tell you at first go!)

    Look 'em in the eye say "I WANT blah, blah blah and I want to put Nothin down, YOU pay the taxes and watch them come down!
    Good luck
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi oliviob. I would be happy to work up a sample lease payment on the Rogue that you are interested in for you. In order to do so, I need you to provide me with its selling price. For now, I will assume that you are able to negotiate a $1,500 dealer discount on this truck.

    According to my calculations, if you were to lease a 2009 Nissan Rogue SL 2WD that has an MSRP of $27,000 and a selling price of $25,500 through Nissan Motor Acceptance Corp. right now for 39 months with 12,000 miles per year, its zero down, pre-tax monthly payment would be around $366. Once sales tax is added in, that's not too far from what the dealer that you are working with quoted you. I guess that this is just the price that one has to pay to lease a Rogue right now.

    Car_man
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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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  • 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.
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