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Nissan Rogue Lease Questions

231 messages, Last post on Nov 23, 2009 at 3:17 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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GMAC has capitulated on $23,000 residual on 05 Tahoe (34,000 miles, 21 mpg hwy), offered for $17,804 w/2 payments left, net purchase price $16,667 through leasing dealer. I can put new tires ($650), get certified for $400-500 w/12 mo bumper to bumper warranty and 4.9% for 48 mo. Can put $2,000 down to get payments down to around $360. Considering option: Lease 09 Rouge. Local dealer1 quoted on SL w/FWD, prem pkg, leather and sunroof, $389/mo (includes sales tax) 39 mo term w/$1,000 cash for 1st month and fees. Selling price $25,750, 61% residual of $16896.55, .003 money factor, 12,000/yr. Dealer2 quoted on 08 Rouge same equip as 09, 39 mo term, $1,006.65 cash, $392.77/mo, 58% residual of $16,344.40, .002 money factor, 12,000/yr. Bottom line issue, Tahoe when paid off is 8 years old, worth a little something, with more costly fuel. Rouge would fit needs, I know 09 would be best choice, liked 09 Murano but $100 more/mo. After 39 mo of lease payments on Rouge, would be in same boat as I am now. Might roll dice and holdout 2 mo to see if GMAC makes deal more attractive and/or lease rates/incentives change w/Nissan.
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Replying to: murf01 (Oct 24, 2008 5:20 pm) I wound up getting the car yesterday. The deal was 39 mo, 12K/yr, $347/mo- all taxes included (which are 7% in my county) I only put down the first payment- that's it. Tried to trim a few extra dollars off- but it wasn't happening. Ultimately I think I still got a very good deal. Enjoying the car so far...
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Replying to: cargalga (Oct 27, 2008 11:24 am) |
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live in new york city. looking to lease a rogue. got an offer from 1 dealer on 2008 sl awd premium w/leather. 12k 39mth lease. $370mth. only first payment due at signing. wondering if this was a good deal or if i should look at the 09's? an what can i expect to pay for lease? tnx michele.
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Replying to: mrio (Nov 04, 2008 1:01 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I'm in Chicago, IL. I had never lease a car before and can't afford to buy. Please review this offer. I need to make a decision quick. Credit is average, some lates but never in car financing. Thanks. 2009 ROGUE S AWD w/ Splash and Mats Lease 39 Months - $199/Month - $2,754 initial payment. Excludes taxes, title, license, and $595 non-refundable Acquisition Fee. $2,754 initial payment required at consummation. (Includes $2,555 consumer down payment, $199 first month payment). 2009 ROGUE S AWD w/ Splash and Mats model 77419 subject to availability to well qualified lessees through Nissan-Infiniti LT. $22,505 MSRP incl. destination charge. Net capitalized cost of $19,380 does not include a $595 non-refundable acquisition fee. Dealer contribution may affect actual price set by dealer. Monthly payments total $7,761.00. At lease end, purchase for $14,403.20 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. See participating Dealer for details. Offer ends December 1, 2008.
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Replying to: cmelo (Nov 16, 2008 1:31 pm) the deal that you mentioned in your post looks like Nissan's official advertised payment for the Rogue. As a rule of thumb, savvy consumers who shop around in an area that has a decent level of competition can easily beat manufacturers' advertised payments by negotiating a lower selling price than the one that it is based upon. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Currently, I have a 2004 Chrysler PT Cruiser GT Turbo that is worth ~$7,500. I owe ~$11,000 on it. I am looking to trade it in on a 2009 Rogue S that I would like to lease. I am not the best with numbers and would like a second look ... I talked to the salesman last night and he couldn't provide me with a worksheet until they had a chance to look at my trade, but he did tell me that they would be selling me the car for $400 behind invoice (so I assume a $20,000 sale price). I would be leasing it for 39/months with 12K miles a year. I would be rolling all taxes, negative equity and tags into the payment and will only be putting $1,000 down. They quoted me a lease payment of $391. I have a FICO score of 771 (checked a few days ago), so I know that I should be top tier ... but I don't know what the money factor should be. Any insight into the deal and what I should be looking for would be greatly appreciated! If there is room to move in this one, I want to know before I go there again and sign the deal!
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Replying to: cwanamaker (Dec 06, 2008 6:45 am) As long as the dealer is using the aforementioned money factors to calculate your lease payment, this looks like a good deal to me. My main problem with it is the negative equity that you have in your trade. You would be better off waiting until you were less upside down to get something new, but I understand that many people don't want to wait that long. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Dec 10, 2008 3:54 am) And I was planning on waiting a while to get out of the current car I have, but things have been going wrong with it and it is no longer covered under warranty. It also doesn't work well up in the hills of PA where it has been snowing on and off here since October. I talked to another dealer who had an '08 in stock and they offered me $378/month, 12K miles a year, $1000 out of my pocket and $7800 for my trade. I think I am still getting a good deal there as well. Since I don't plan on keeping the Rogue S at the end of the lease, I thought I might go for the '08 for the lower starting payment and then up my miles to 15K. Good idea, bad idea? How much should the extra mileage cost me per month? Thanks again! |
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