what can I expect to pay on a lease

babbagandu · 09-14-2011, 05:48 PM

looking to pick up a manual touring edition with sport package. I will probably drive 15k miles per year

I have a good credit score (greater than 760, below 800). I would like to pay between 600-700 a month.

What should I expect?

edit: btw I am looking to lease for a 3 year period

symple84 · 09-14-2011, 07:01 PM

leasing the Z is not a really good idea because they residual values and money factors are horrible - your better off purchasing imo

babbagandu · 09-14-2011, 07:31 PM

Quote:

Originally Posted by symple84

leasing the Z is not a really good idea because they residual values and money factors are horrible - your better off purchasing imo

Thanks for the input, however given my specific situation I think leasing would be best for me. Right now I just want a nice car I can lightly mod and enjoy for the next 3 years while keeping my payments low. I tend to get bored with cars fairly quickly so I will most likely want something else 3 years from now. I am not really concerned about residual value or anything tbh.

svmtbman · 09-14-2011, 07:37 PM

I looked at leasing my Z because I had done so with my S2000 but the payments were hardly any lower on the Z that what I was able to buy it for at 2.9%. As stated above, the Z is not the best car to lease. You would be able to lease a G37S at a lower payment than a Z so you might want to look into that option.

da mayor · 09-14-2011, 07:39 PM

Expect to lease about low 500's for a 370z.. for a 6mt coupe which is loaded with navigation, 19" wheels that leases in the mid 400's

Rui Z · 09-14-2011, 09:04 PM

I would think about $700/month for a $0 down on a lease.

MacCool · 09-14-2011, 11:00 PM

Quote:

Originally Posted by da mayor

Expect to lease about low 500's for a 370z.. for a 6mt coupe which is loaded with navigation, 19" wheels that leases in the mid 400's

That's what I pay for a 2011 6MT Sport/Touring incl. tax license etc. 39 months, residual $21,000, 12,000 miles/year

babbagandu · 09-14-2011, 11:27 PM

Quote:

Originally Posted by MacCool

That's what I pay for a 2011 6MT Sport/Touring incl. tax license etc. 39 months, residual $21,000, 12,000 miles/year

that sounds really good. How much did you put down if you don't mind me asking?

MacCool · 09-15-2011, 01:09 AM

Quote:

Originally Posted by babbagandu

that sounds really good. How much did you put down if you don't mind me asking?

$5000...sorry should have mentioned that. Lease payment is $508/month.

Rui Z · 09-15-2011, 01:37 AM

^and that's for 12,000 miles. So it will be about $700/month for 0 down, 15,000 miles/year. Expect to pay about $25,000 total over 3 years. In other words, just buy the car ($39,000 otd) and sell it in 3 years for $24,000. You'll save like $10,000. If u finance it, then it will be more like $5,000 only. Either way it's cheaper.

MacCool · 02-23-2014, 08:45 PM

Zombie thread...

As mentioned above, my residual payment is $21,000. Market resale on that car, which now has 16,000 miles, is about $26,000. I could buy it, re-sell it and make up the $5000 noted above.

As it is, I'm re-leasing. I'm 6 payments from being done, but Nissan has a lease pull-ahead program where they waive the last three lease payments, provide a $500 cash bonus, waive $500 wear and tear. My dealer wants my Z, however. He plans to buy it for the residual, make three additional payments, then re-sell it as we move into Z season.

I elected to go with Pearl White this time. 6MT Touring with Sport and Nav. Looks like a nice car. Big fly in the ointment is the 6-inch blizzard we had two days ago here in Minnesota. Roads are snow-packed and icy. Looks like it's going to be tough sledding to the dealer and back on Wednesday.

09-14-2011, 05:48 PM	#1 (permalink)
babbagandu Enthusiast Member Join Date: Mar 2011 Location: US Posts: 349 Drives: 09 Nismo Rep Power: 14	what can I expect to pay on a lease looking to pick up a manual touring edition with sport package. I will probably drive 15k miles per year I have a good credit score (greater than 760, below 800). I would like to pay between 600-700 a month. What should I expect? edit: btw I am looking to lease for a 3 year period Last edited by babbagandu; 09-14-2011 at 05:51 PM.

09-14-2011, 07:37 PM	#4 (permalink)
svmtbman Base Member Join Date: Mar 2011 Location: Macon, GA Age: 53 Posts: 219 Drives: 2011 370Z PW M6 Rep Power: 14	I looked at leasing my Z because I had done so with my S2000 but the payments were hardly any lower on the Z that what I was able to buy it for at 2.9%. As stated above, the Z is not the best car to lease. You would be able to lease a G37S at a lower payment than a Z so you might want to look into that option. __________________ 2011 Pearl White, Persimmon, Touring, Sport, Navigation, 6sp - PW JDM shift knob, Invidia Gemini CBE, aFe dry filters, HPS intake tubes, JDM fog light, Redline shift boot, LED interior lights, Z1 hood struts, and 30% tint.

09-14-2011, 07:39 PM	#5 (permalink)
da mayor Enthusiast Member Join Date: Dec 2009 Location: Long Island, NY Posts: 313 Drives: #TheGoldenZ Rep Power: 15	Expect to lease about low 500's for a 370z.. for a 6mt coupe which is loaded with navigation, 19" wheels that leases in the mid 400's __________________ #TheGoldenZ [GTSPEC][RAVSPEC][AutoVisionNY][631Coatings vinylwrapped][Evo-R][SoFreshLifestyle][Intrack Tires][Project Mu][MXP][HempsteadAutoCollision][SNTRL]

09-14-2011, 09:04 PM	#6 (permalink)
Rui Z Track Member Join Date: Feb 2010 Location: (.)(.) Posts: 931 Drives: 8====D Rep Power: 16	I would think about $700/month for a $0 down on a lease. __________________

09-15-2011, 01:37 AM	#10 (permalink)
Rui Z Track Member Join Date: Feb 2010 Location: (.)(.) Posts: 931 Drives: 8====D Rep Power: 16	^and that's for 12,000 miles. So it will be about $700/month for 0 down, 15,000 miles/year. Expect to pay about $25,000 total over 3 years. In other words, just buy the car ($39,000 otd) and sell it in 3 years for $24,000. You'll save like $10,000. If u finance it, then it will be more like $5,000 only. Either way it's cheaper. __________________

09-14-2011, 07:01 PM	#2 (permalink)
symple84 Enthusiast Member Join Date: Dec 2010 Location: Miami, FL Posts: 451 Drives: 11 PW 370Z Rep Power: 14	leasing the Z is not a really good idea because they residual values and money factors are horrible - your better off purchasing imo

02-23-2014, 08:45 PM	#11 (permalink)
MacCool A True Z Fanatic Join Date: Apr 2011 Location: Midwest Posts: 1,349 Drives: 370Z PW 2014 Rep Power: 16	Zombie thread... As mentioned above, my residual payment is $21,000. Market resale on that car, which now has 16,000 miles, is about $26,000. I could buy it, re-sell it and make up the $5000 noted above. As it is, I'm re-leasing. I'm 6 payments from being done, but Nissan has a lease pull-ahead program where they waive the last three lease payments, provide a $500 cash bonus, waive $500 wear and tear. My dealer wants my Z, however. He plans to buy it for the residual, make three additional payments, then re-sell it as we move into Z season. I elected to go with Pearl White this time. 6MT Touring with Sport and Nav. Looks like a nice car. Big fly in the ointment is the 6-inch blizzard we had two days ago here in Minnesota. Roads are snow-packed and icy. Looks like it's going to be tough sledding to the dealer and back on Wednesday.

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