Automotive

Nissan Rogue 2019 SL Lease

  • Last Updated:
  • Jul 7th, 2019 11:25 pm
[OP]
Newbie
May 28, 2015
23 posts
5 upvotes
Nepean, ON

Nissan Rogue 2019 SL Lease

Hi all,
Looking to lease a 2019 Nissan Rogue SL.
I asked few dealers am getting 473$ per month all in 20K km 60months.
Lease guard extra. Not sure if I need that.

Does any one know if 473$ Month lease is good deal for SL?
23 replies
Deal Guru
Jan 15, 2006
13975 posts
10992 upvotes
Richmond Hill
5 year lease is crazy long and you’ll be renting it out of warranty. Stick with 4 year max IMO.
Newbie
Feb 7, 2017
83 posts
60 upvotes
Got 2 quotes and the cheapest I got was 520$ for the SL with the same terms. Doesn’t seem too bad.
Deal Guru
User avatar
Jul 12, 2003
10815 posts
3104 upvotes
Toronto
MOBB416 wrote: Got 2 quotes and the cheapest I got was 520$ for the SL with the same terms. Doesn’t seem too bad.
That's because you are getting the quote for 48m, not 60m.

Like EP32k2 said , stick with 48m or less. Just to be sure that there is warranty on the car while you are driving it, 60months is too long.
Don't let the lower monthly payments fool you.
Retired Forum Moderator February 2009 - June 2015
Deal Addict
User avatar
Oct 16, 2007
1216 posts
472 upvotes
What is the interest rate and down payment for the lease? It is hard to tell if its a good deal or not. It looks like there is a $4500 cash discount. Have you looked at finance from a bank to take advantage of that?
EP32k2 wrote: 5 year lease is crazy long and you’ll be renting it out of warranty. Stick with 4 year max IMO.
They will still be within the powertrain warranty (because it is 5yr/100k). They wont be under basic coverage (3ry/60k), but at 48 months they are out of that warranty too. The odds of something non-powertrain failing between 48-60 months should be pretty low.
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[OP]
Newbie
May 28, 2015
23 posts
5 upvotes
Nepean, ON
If I apply same discount of 2850$ + no crap dealer fees

It comes to 473$ All in at 1.9% 60 M 20K km lease.
36-48 month does make sense but have to pay more.
48M is 497 @ 1.5%
36M is 524 @ 0.9%
Deal Guru
Jan 15, 2006
13975 posts
10992 upvotes
Richmond Hill
ziaa wrote: What is the interest rate and down payment for the lease? It is hard to tell if its a good deal or not. It looks like there is a $4500 cash discount. Have you looked at finance from a bank to take advantage of that?



They will still be within the powertrain warranty (because it is 5yr/100k). They wont be under basic coverage (3ry/60k), but at 48 months they are out of that warranty too. The odds of something non-powertrain failing between 48-60 months should be pretty low.
So you don’t think bumper to bumper isn’t important? Driving 2 years out of warranty and if anything breaks YOU are in the hook to get it fixed upon returning the vehicle. 4 years is already a stretch, but 5 years? These programs are designed to make cars more affordable as the general public is fixated on monthly payments. Oh and you better not cheap out on the depreciation waiver just in case your rental gets written off at 50 months.
Jr. Member
Mar 3, 2019
105 posts
81 upvotes
It's $24 more a month for 1 year less on the lease and lower interest rate. Likely your residual value is decent after 4 years and if you like the Rogue after the lease you always have the option to buy it out at the end.
This way you have 3 years comprehensive warranty and power train warranty to cover the whole term. Given the CVT issues that Nissan has, a shorter lease would be best.

Seems like a no brainer
Deal Addict
Jan 15, 2017
3084 posts
2463 upvotes
So $473 for 60 months vs $524 for 36 months equals $51 a month more for 36 mths which comes to $1836 more out of pocket on a monthly basis. What's the risk of taking that 5 year lease for the lower monthly payment and having to buy new tires and have the breaks done and end up spending that $1836?
Member
Jan 21, 2011
273 posts
110 upvotes
Why do you guys keep saying 3 years warranty? Power train is 5 years 100k. Depending on how you drive 4 -5 years might be ok depending on kilometres. Four years is the sweet spot as by then, tires and brakes should still meet the minimum at least.
Deal Guru
Jan 15, 2006
13975 posts
10992 upvotes
Richmond Hill
lamin wrote: Why do you guys keep saying 3 years warranty? Power train is 5 years 100k. Depending on how you drive 4 -5 years might be ok depending on kilometres. Four years is the sweet spot as by then, tires and brakes should still meet the minimum at least.
Do you understand the difference between bumper to bumper and power train???
Deal Fanatic
Jun 11, 2005
8412 posts
2250 upvotes
Mississauga
EP32k2 wrote: Do you understand the difference between bumper to bumper and power train???
I dont think they do.
Deal Addict
Jan 8, 2007
2502 posts
1025 upvotes
Calgary
What kind of cars are people driving that need warranty work within 3-4 years that a bumper to bumper is a major considerations, damn...
[OP]
Newbie
May 28, 2015
23 posts
5 upvotes
Nepean, ON
Thanks all. So I heard some of the folks here and got the lease on a manager demo car which had 2500 km and 2 months old.

I went with 39 month lease 20K @ 479 all in for top of line 2019 SL model with reserve package.

Total price of car all in 32,318.87$+Tax on standard rate finance of 5.69%

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