Cost to lease 370z?

dsblk350z

To start off, I would be trading in my 2005 touring. The value would be roughly $15,000. I would probably get a base with the sport package, any idea what the payments would be on a 48 month lease?

SHIFT_Z

i wouldnt lease if you plan on putting that much down. it might make more financial sense to pay-to-own. plus the z is the worst car to lease. it has the worst residual amount of any nissan model.

but to answer you question, idk. prob less than $300 a month, depending on mileage limit, etc.

LynxFX

The downtown L.A. dealership didn't have leasing info yet, they expect to get it in over the weekend, but the salesmen gave me an estimate for a fully loaded touring of $550/mo for 36 months. That seems pretty high since purchasing with a decent down payment will put you at around $650/mo.

G in ny

Yea leasing the car will be alot. You might as well finance it.

Do not put down payment on a lease car. It will be a waste

sirploppy

+ over 9000

If you put money down on a lease, and you get in a wreck and total your car, that money is gone.

Auto Lease 101 > Putting Money Down On A Lease

soxdog

I was at my local dealer today. They had 5 new 370Z's in stock. All Base cars, no sports pkg's - one with a nav, 3 autos - 2 manuals. The price of the car is fair, i believe. They were priced between 32K - and 36K with the goodies. An optioned car, like i was looking for with the Sports PKG and leather is 35K.

I test drove the car, miles above the current Z - i own a 2005 roadster. It was very quick, i was very surprised. The kicker though, was this. They quoted an incredibly high lease. I have excellent credit, the lease would be .... are you ready, $649 /mo. - with $3900 down. I laughed, then laughed again, and went to the Porsche dealer. My current Z is leased at $440/mo. if anyone wants it...

Going to try another dealer.

Minicobra1

I read somewhere that the majority of the manufacturers are loosing a lot of money on their lease programs due to the economy. BMW for one has raised there lease rates considerably and lowered their finance rates to encourage people to purchase instead of leasing. It appears that Nissan may follow the same path.

I was hoping to keep my payment in the $500 range, so I was considering purchasing a Base Z with Sport Package, with like $4-5K down, or if I went with Touring-fully loaded I would do a lease. Any thoughs??

Has anyone got any rate quotes on purchases, are they offering any low finance rates for the 370z ?? ie: 0.9% - 3.9% ??

SHIFT_Z

yea. Chrysler no longer leases cuz they were loosing so much money

Carsalesman1

I've been selling Nissan for over 6 years and Nissan has never encouraged leasing a Z, I'm sure resale value is the main reason, and companies don't want a sports car back- they are damaged goods. I would suggest leasing an Infiniti G37 coupe or Sedan. Similar design (more luxury) and the G series has the Highest (or one of the Highest) residual values of any car on the market. This means you can lease a $37,000 G37 for less than a $31,000 370z, if you have good credit. Infiniti always has their lease specials listed on their website, Nissan never does. FYI the only really good deals are lease special promotions offered my the manufacturers on the cars they want to move. Typically the numbers are on a base model, but you can still get a good deal if you lease the same model car with all the bells and whistles.

Supragtsxr

I ws hoping you could give a bit more info as far as financing goes. I want a
z but kind of nervous when it comes to financing. I pretty much have paid cash for everything and havent really established a long credit history. However, do u think u could post or PM me with the basic requirements to qualify for a loan if say i planned on putting $15k down?

Also, does nissan give financing for 72mo? i wanted to keep the payments around 350-400 per month while im in working/school at the same time. i figured since I already work in IT id just pay off the balance of the loan after i finished my degree. Any advice would be appreciated, thanks.

shesha

Ahhhh here we go with the dont lease people.
I leased mine for $518.00 per month with $1250 down to answer your question. Dealership was Surf City Nissan In Los Angeles.

MeetJoeAsian

Contrary to the popular belief here, foreign manufacturers are pushing the lease now more than ever. At Toyota, in the past 2 years, all of our big incentives have been through leasing. L&M money has been at it's highest the past few years, which pretty much is means you don't have to pay the tax amount when you lease your new vehicle.

need4speed

I gone on 4 test drives while waiting for December. They have been pushing the lease option on me.
But I plan on paying in full or as close to full as I can.
I won't lease cuz I wanna mod.

XenChi

Don't do it. If you get in an accident with their leased car Nissan gets insane on you. You must (per your lease) notify Nissan of any damage done to the car or you will be in violation of said lease. They want you to get a quote and a letter from the repair place (on letterhead) stating what needs to be fixed and that those repairs and ONLY those repairs WERE done to the letter!! Mind you this is before the work gets done on the car!! Then they want a check issued in their name and yours (with the rest of the documentation) sent to them overnight so that they can approve it all. Then in the return overnight envelope (you must supply) they send you the check back so that you may cash it and then finally pay the repairing company. When you share with your insurance company this information all hell breaks out between them, Nissan, and the repair place. So not worth it!! Never again.

P.S. This happens no matter what the repair costs are.

FuszNissan

Sorry Joe, but not Nissan. Some models yes, but no the Z. NMAC has a liquidity issue and there lease portfolio is 70% lease. So they are jacking up the money factors to steer people back to retail to offset their portfolio.

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