My niece who previously complained that she could not afford her approx $450 per mo. lease on a Nissan Rogue has now turned it in 6 months early on a 2025 Pathfinder for approx $650 per mo. I don't get it...
yikes.
———————————————— Rather than question/ridicule folks who do such things, maybe we should praise them for keeping the economy rolling along.
jmonroe
'15 Genesis Ultimate just like jmonroe's. '18 Legacy Limited with 3.6R (Mrs. j's)
My niece who previously complained that she could not afford her approx $450 per mo. lease on a Nissan Rogue has now turned it in 6 months early on a 2025 Pathfinder for approx $650 per mo. I don't get it. It looks pretty nice as well as the interior. I think it is an SV with cloth seats, sunroof and captain chair option and seems pretty well equipped. MSRP I think is mid $40K. According to her the salesman's selling point was that it had a V-6 and 9 speed Auto as opposed to the 4 cyl VC turbo and CVT in the Rogue. Those engines are prone to failure and Nissan has recalled over 400,000 of them.
She says she likes it very much although she will probably find out it will get 7 or 8 less Mpg compared to the Rogue so with the increase cost of gas she will probably be paying close to $300 a month more. It won't take long before she starts complaining she cannot afford it.
My friend’s niece did something similar. She wanted a car but because of previous bad judgement she had a low credit score. So to make it worse she bought a 10 year old Nissan from CarMax at a loan rate so high he estimates she’ll end up paying double if she manages to not get repoed.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
My niece who previously complained that she could not afford her approx $450 per mo. lease on a Nissan Rogue has now turned it in 6 months early on a 2025 Pathfinder for approx $650 per mo. I don't get it. It looks pretty nice as well as the interior. I think it is an SV with cloth seats, sunroof and captain chair option and seems pretty well equipped. MSRP I think is mid $40K. According to her the salesman's selling point was that it had a V-6 and 9 speed Auto as opposed to the 4 cyl VC turbo and CVT in the Rogue. Those engines are prone to failure and Nissan has recalled over 400,000 of them.
She says she likes it very much although she will probably find out it will get 7 or 8 less Mpg compared to the Rogue so with the increase cost of gas she will probably be paying close to $300 a month more. It won't take long before she starts complaining she cannot afford it.
That's unfortunate. If she had come to you beforehand and asked for your advice, maybe you could have talked her off the ledge so to speak. I'm sure part of that $650 per month is some negative equity.
Sure the VC Turbo 3cyl/CVT combination isn't the winning combination for 300,000+ miles, but it is a lease. Any issues should be covered under warranty. My sister just leased a Rogue Rock Creek (from a broker on LH). I think she's paying $391 per month for 39/15K with NY taxes rolled in. For the money, it is a LOT cheaper to lease than a CRV or RAV4. At the time it was also about $50 per month cheaper than the CX50.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
It won't take long before she starts complaining she cannot afford it.
This reminds me of pretty much every tenant my mom and her late brother ever had at the rental house they used to own together. Can't afford rent, but can afford stupid "collector's items" that are advertised on late night TV. One failed to pay for garbage pickup and had their trash can repossessed multiple times.
I also have some relatives (by marriage) who constantly asked for (and received) handouts from an elderly relative. It amounted to hundreds of thousands of dollars over the years. Meanwhile, the elderly relative complained that she would have liked to have had one last new vehicle. She never got one. The handout recipients got a payable-on-death CD that passed outside of the estate, which they immediately spent on a house. They nearly lost it within a few years due to not paying the property tax. The last I checked, they had put a conventional 80% LTV 30 year mortgage against the property. I was never able to figure out what the hole in their financial ship was.
My Stepbrother (who I don’t quite see eye to with…) has never made a decent living to support his family. His wife doesn’t/won’t work and her grandmother before she passed sold her house to them at a 50% discount (to give to the cash to her other grandchild to make it fair). His mother in law funds a good bit of their bills and stuff for their 3 kids.
To top it off … she takes them to Disney twice a year and other vacations.
I could never accept that much of a handout. My wife and I have earned everything we have.
@tjc78 said:
My Stepbrother (who I don’t quite see eye to with…) has never made a decent living to support his family. His wife doesn’t/won’t work and her grandmother before she passed sold her house to them at a 50% discount (to give to the cash to her other grandchild to make it fair). His mother in law funds a good bit of their bills and stuff for their 3 kids.
To top it off … she takes them to Disney twice a year and other vacations.
I could never accept that much of a handout. My wife and I have earned everything we have.
I just had a conversation with a friend who works his rear end off for the family business. His sister and brother in law are constantly asking his parents and his brother in law’s parents for money while not showing any restraint or appreciation.
My friend’s niece (16 or 17) rear ends another car while clearly distracted. The brother in law never put her on the insurance to save money. The insurance paid to fix the car she hit, but wouldn’t pay to fix her Kia EV6. $24K worth of damage. The brother in law got $5K from my friend’s parents and $19K from his parents to fix the car.
The brother in law travels up here for business. He always buys 2 seats for himself because he doesn’t want to sit next to anyone.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
Comments
Rather than question/ridicule folks who do such things, maybe we should praise them for keeping the economy rolling along.
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Sure the VC Turbo 3cyl/CVT combination isn't the winning combination for 300,000+ miles, but it is a lease. Any issues should be covered under warranty. My sister just leased a Rogue Rock Creek (from a broker on LH). I think she's paying $391 per month for 39/15K with NY taxes rolled in. For the money, it is a LOT cheaper to lease than a CRV or RAV4. At the time it was also about $50 per month cheaper than the CX50.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
I also have some relatives (by marriage) who constantly asked for (and received) handouts from an elderly relative. It amounted to hundreds of thousands of dollars over the years. Meanwhile, the elderly relative complained that she would have liked to have had one last new vehicle. She never got one. The handout recipients got a payable-on-death CD that passed outside of the estate, which they immediately spent on a house. They nearly lost it within a few years due to not paying the property tax. The last I checked, they had put a conventional 80% LTV 30 year mortgage against the property. I was never able to figure out what the hole in their financial ship was.
My Stepbrother (who I don’t quite see eye to with…) has never made a decent living to support his family. His wife doesn’t/won’t work and her grandmother before she passed sold her house to them at a 50% discount (to give to the cash to her other grandchild to make it fair). His mother in law funds a good bit of their bills and stuff for their 3 kids.
To top it off … she takes them to Disney twice a year and other vacations.
I could never accept that much of a handout. My wife and I have earned everything we have.
2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic / 2022 Icon I6L Golf Cart
I just had a conversation with a friend who works his rear end off for the family business. His sister and brother in law are constantly asking his parents and his brother in law’s parents for money while not showing any restraint or appreciation.
My friend’s niece (16 or 17) rear ends another car while clearly distracted. The brother in law never put her on the insurance to save money. The insurance paid to fix the car she hit, but wouldn’t pay to fix her Kia EV6. $24K worth of damage. The brother in law got $5K from my friend’s parents and $19K from his parents to fix the car.
The brother in law travels up here for business. He always buys 2 seats for himself because he doesn’t want to sit next to anyone.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD