is this a good price or a rip off? 2015 Nissan Rogue lease.

eveleetaeveleeta Member Posts: 3
edited October 2014 in Nissan
Hi I'm a newbie. Please help. They gave me a price on a lease for an SV rogue 2015 with premium pkg and moon roof package. They said $3000 total down ( includes taxes DMV etc). Monthly cost $349. 36 Mon/12k. I'm in Long Island,NY.
Is this a bad deal?
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  • steverstever Guest Posts: 52,454
    We need to know MSRP, the selling price of the Rogue and what makes up that first $3,000 "down" payment.

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  • eveleetaeveleeta Member Posts: 3
    Msrp is 30,065
    3000 is 1st month, taxes,tags,bank fee, and down payment
    The total due at signing is $3000
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    What's your interest rate? (money factor).
  • steverstever Guest Posts: 52,454
    When I price it out (the AWD version btw), I come up with $29,610 for the MSRP. That includes $860 for destination and $268 for ad fees in my area. Your ad fees may be more or less.

    The True Market Value is $28,693 - that's closer to the number you should be "paying" for the car. When you lease, you should negotiate the selling price of a car, just as if you were buying it.

    The other thing to try to avoid is putting any money down on a lease.
  • kyfdxkyfdx Moderator Posts: 252,954
    eveleeta said:

    Msrp is 30,065
    3000 is 1st month, taxes,tags,bank fee, and down payment
    The total due at signing is $3000

    Ask for the selling price and how much of the $3000 is a down payment..

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  • eveleetaeveleeta Member Posts: 3

    thx. I'm going to go back to the negotiating table. 

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