There's another Nissan to consider.
The all-new Nissan Rogue, a vital model for the currently financially struggling automaker, has just begun arriving in dealerships nationwide. The 2021 Rogue must be a sure-fire hit, but leasing instead of buying might not be the best choice right now. CarsDirect has run some numbers and realized something interesting: the larger and typically more expensive Nissan Murano could be cheaper to lease.
For example, in some parts of the country, a new Rogue S with all-wheel-drive can be leased for $249 a month for 36 months with $4,099 due up front coupled with a 12,000-mile yearly limit.
These figures are based on an MSRP of $28,710. Combine those dollar amounts together and it really costs $363 a month, which isn't exactly the cheapest lease. Now, let's compare it to a Murano S. With an MSRP of $33,910, it's listed at $279 a month for 36 months with $2,849 due at signing. Combine those amounts once again and it comes to $358 a month. That's $5 less per month than the Rogue despite a $5,200 difference in MSRP.
So why bother leasing a Rogue instead of the larger Murano? It's even more expensive to lease than a Toyota RAV4 LE and Mazda CX-5 Sport.
Instead, you're better off financing a new Rogue instead. At the moment, all 2021 Rogues are eligible for a $500 rebate and interest rates can go as low as 0.9 percent for up to 36 months. There's also a 60-month financing option but the interest increases to 1.9 percent. At the same time, Nissan wants to get rid of the remaining 2020 Rogues. Throughout most of the country, there's a 0 percent interest rate for 60 months along with $1,500 in bonus cash.
If you're interested in any of these Nissan offers, take note that they're all set to expire on November 30.