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Leasing 370z offer

Been lurking around here the past few weeks reading up on leaseing tips and finanancing opionions. It seems like the majority of the people on this forum are against leasing.

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Old 10-31-2011, 02:53 PM   #1 (permalink)
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Default Leasing 370z offer

Been lurking around here the past few weeks reading up on leaseing tips and finanancing opionions. It seems like the majority of the people on this forum are against leasing. My current situation is im in the process of selling an 05 cobalt ss/sc. I finainced that when i was 18 and still have 8000 left. It should sell for at least 11k if anything. I was going to play around with this car for the next 3 years and then probably get something more like the g37 which is more practical. Unless i absolutly fall inlove with it and dont want to part ways! What i got quoted for the 370 base is

Car price Base Model: 31,151
Tax:1967
tags/reg:298
Dealer Service fee: 699
Month Payment for 39/Mo $496 12k Miles a year. 0Down
(Money factor .00210) (Residual 18983.85)

Dealer fee is way much, im confident ill be able to drop that, aswell as add some goodies to the deal for the lease.

With a car like my cobalt would it just make more sense to trade in the Cobalt and just sell the 370 in 3 years myself and maybe get that pent loan i kept reading about? Any room for improvement with the current deal? Thats pretty much the best ive seen for the local dealers in the area.

Thanks for all the good advice already ive learned through this forum! It just makes me more comfortable asking a questions straight out for my situation! Cant wait to get my z!
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Old 10-31-2011, 02:58 PM   #2 (permalink)
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Originally Posted by Kurofox23 View Post
Been lurking around here the past few weeks reading up on leaseing tips and finanancing opionions. It seems like the majority of the people on this forum are against leasing. My current situation is im in the process of selling an 05 cobalt ss/sc. I finainced that when i was 18 and still have 8000 left. It should sell for at least 11k if anything. I was going to play around with this car for the next 3 years and then probably get something more like the g37 which is more practical. Unless i absolutly fall inlove with it and dont want to part ways! What i got quoted for the 370 base is

Car price Base Model: 31,151
Tax:1967
tags/reg:298
Dealer Service fee: 699
Month Payment for 39/Mo $496 12k Miles a year. 0Down
(Money factor .00210) (Residual 18983.85)

Dealer fee is way much, im confident ill be able to drop that, aswell as add some goodies to the deal for the lease. With $0 down, that is a pretty good deal. BTW those numbers are with the cobalt traded in, correct?

With a car like my cobalt would it just make more sense to trade in the Cobalt and just sell the 370 in 3 years myself and maybe get that pent loan i kept reading about? Any room for improvement with the current deal? Thats pretty much the best ive seen for the local dealers in the area.

Thanks for all the good advice already ive learned through this forum! It just makes me more comfortable asking a questions straight out for my situation! Cant wait to get my z!
leasing would actually be great for you. you can roll that negative equity in, and when the lease is over, it'll vanish when you return the car. Because, no offense intended, most dealerships are gonna offer you less than $8000 for the cobalt.


EDIT::wait, were those numbers with the cobalt traded in?
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Last edited by somatic; 10-31-2011 at 03:02 PM.
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Old 10-31-2011, 03:19 PM   #3 (permalink)
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leasing would actually be great for you. you can roll that negative equity in, and when the lease is over, it'll vanish when you return the car. Because, no offense intended, most dealerships are gonna offer you less than $8000 for the cobalt.


EDIT::wait, were those numbers with the cobalt traded in?
Nope i havnt even mentioned trading anything in yet. So ill probably just privately sell it then. Its in great shape!
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Old 10-31-2011, 03:21 PM   #4 (permalink)
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Nope i havnt even mentioned trading anything in yet. So ill probably just privately sell it then. Its in great shape!
oh that is a good payment then. you're prolly better off privately selling the cobalt. nissan dealerships dont really put a whole lot in chevrolets, and vice versa. the only exceptions are the higher end cars (like a vette)
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Old 10-31-2011, 03:34 PM   #5 (permalink)
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If you are going to lease you should at least lease a sport/touring model. you will be happier in terms of the looks and feel. The base with sport package is a good start especially if you plan of modding heavily if you plan to purchase but for a lease get the better look and feel or you will be wanting to get out of the lease earlier especially if you keep lurking on this forum.
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Old 10-31-2011, 04:03 PM   #6 (permalink)
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If you are going to lease you should at least lease a sport/touring model. you will be happier in terms of the looks and feel. The base with sport package is a good start especially if you plan of modding heavily if you plan to purchase but for a lease get the better look and feel or you will be wanting to get out of the lease earlier especially if you keep lurking on this forum.
Yah im going to test drive all 3 to get a feel for the differences. With a lease im 100% sure i wont mod anything what so ever since its pretty much like throwing money away in my opinion. Thats also why im not putting anything down as far as cap reduction goes. This is the only forum ive been poking around as far as this site goes, are you pretty much telling me to avoid the mods section then haha
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Old 11-09-2011, 02:16 PM   #7 (permalink)
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I got my Base 09 for around 28k at a dealer. Used. You should be able to work and get the price under 30k. Keep in mind they markup a about 1400 worth of zantek paint, etc.. that price can be dropped to as little as $300 if you negotiate. Also you can get better deals on financing etc...

You just gotta do some research on what other people did and how they got their pricing
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Old 11-09-2011, 02:22 PM   #8 (permalink)
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Honestly man the Z is just not the car you lease. It's one of those cars you either buy or you don't. Your leasing a base model for nearly 500$ month essentially paying nearly or more than half the car. You might as well finance and pay 2 extra years and you own the car.
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Old 11-09-2011, 02:37 PM   #9 (permalink)
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Honestly man the Z is just not the car you lease. It's one of those cars you either buy or you don't. Your leasing a base model for nearly 500$ month essentially paying nearly or more than half the car. You might as well finance and pay 2 extra years and you own the car.

some cars it just doesnt make sense to lease, unless you're trying to get rid of negative equity.
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Old 11-10-2011, 12:03 PM   #10 (permalink)
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OP, you're going to receive mixed opinions about leasing and a broad range of prices member paid for their Z. I personally think if you're going to pay that much you could fork out another $100 a month and own the car, but I don't know your financial situation. As far as OTD prices, I'm with you on that one, I don't know how some members got to those prices. I live in San Diego and I wasn't coming close to those figures, I ended driving to LA to get the best deal but it still was not as good as other have mentioned. Just use the information on here to educate yourself to get the best deal you can. Don't expect 28K OTD when it just not possible. My advice is to take your time and be prepared to "walk" on the deal a few times. Just make sure you're serious about buying and let them know that. Good luck.
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Old 11-10-2011, 12:23 PM   #11 (permalink)
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OP, you're going to receive mixed opinions about leasing and a broad range of prices member paid for their Z. I personally think if you're going to pay that much you could fork out another $100 a month and own the car, but I don't know your financial situation. As far as OTD prices, I'm with you on that one, I don't know how some members got to those prices. I live in San Diego and I wasn't coming close to those figures, I ended driving to LA to get the best deal but it still was not as good as other have mentioned. Just use the information on here to educate yourself to get the best deal you can. Don't expect 28K OTD when it just not possible. My advice is to take your time and be prepared to "walk" on the deal a few times. Just make sure you're serious about buying and let them know that. Good luck.
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