Quote:
Originally Posted by NoHyperbole
Sweet deal for you. You must be elated. Congrats. Does the $37,739 include tax? I'm also assuming the MSRP is about $42,XXX.
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Didn't include tax and license, but it's a lease so the tax is prorated and figured into the lease payment (only pay tax on the portion of cap cost minus residual) and by consummating the deal early, I don't have to pay licensing on the old Z, which was due in March. In addition to a pretty good deal on the price (sticker was $41,610), the deal saved me 6 payments ($3000) plus the re-licensing ($280). And by re-leasing before Mar 31, I got $500 extra in Loyalty Cash from Nissan.
The residuals on Z leases these days are lower ($19,000). I'll pay more per month, but the gamble is that that car with 15,000 miles will be worth more than $19,000 in 3 years. If it is, I can buy it and keep it or re-sell it.