WOW for a minute i thought that leasing was horrible, especially what people were saying.
The main reason i wanted to lease it is because i don't plan on having the 370z for that long. Plus i really couldn't afford to do any mods anyways if i were to buy the car.
I talked with a nissan dealership and i know i would have to lease it for 36 months and drive it only 10k miles per yr. I probably would need to drop 6k upfront to keep the monthly payments lower. I didnt say i was going to drop 6k but i'm guessing it would keep my payments lower. I also asked what the price was for a 24 month lease and he said my payments would be more. He wasn't very forward with me cause he probably wanted me to lease it right then and there which i wasn't going to.
I also wanted to use this car to advertise my dads restaurant so that he could right it off and then in turn he could he me out with my monthly payments. But i will need to talk to him about first.
I also spoke with my aaa insurance and got a quote for 250, 500 and 1k deductible price quotes. It seems 500 will cost me about 1100 per yr (as a secondary car).
I also got a quote on mustang gt and sti. I noticed that the insurance rate was a higher for some odd reason. Maybe cause of mustangs has more power and the sti turbos causes the insurance rate to be higher i'm guessing.
i'm still debating on what i want to lease or not. But that guy was kind of a douche and wouldn't give me a clear answer. I guess i will need to try another dealership.
Anyways thanks' for your answers.
Quote:
Originally Posted by snake1212
I just want to set a few things straight in terms a leasing. You do NOT need special deductables for insurance on a lease. I don't thing any insurance company lets you go over $1,000 deductable anyways so it doesn't matter. You do NOT need to return the car with all factory parts on the car. If you paint the car pink with purple stripes then yes they will charge you. Adding an exhaust or spoiler does not deduct from the car's value so Nissan or any other leasing company does not care. People have been saying things about damage. If you bought the car and had damage on it you would probably get it fixed just as you would on a lease. When over half the people that finance a car should have some sort of gap insurance then you know more people should be leasing.
With that said the Z's lease isn't factory subvented. It's not like leasing a Maxima with a .000XX money factory. The 2011 residules are good and so are the deals. If you are planning on keeping the car for 3 years and aren't planning on dropping money on a super charger or full body kit then don't be afraid to lease.
Here are a few things to know about why leasing isn't this horrible thing. The average American finances for 71 months, that same American trades out of their financed vehicle ever 33 moths. They leased and didn't even realize it. The most common excuse why someone doesn't want to lease is because they don't own the car. Unless you have the title in your hand you don't own it anyways. Their are an extraordinary amount of people in this country that have negative equity on a car that use this excuse. They just don't realize if they just leased to begin with they would have paid less per month and wouldn't be rolling in money from one loan to the next. They would of handed the keys over and walked away.
Don't be afraid to lease and don't let people scare you. As long as you have some idea how many miles you are going to be driving the rest is easy. Sorry about the long reply, I just always find these comments on questions about leasing interesting.
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