Lease rates...yikes!
 

I am currently pricing a lease for a 2013, touring/sport auto no nav. I just s/w a dealer and he quoted me $41k @ $655/m (incl. tax) w/ zero down except drive off costs. The dealer said the residual rates are currently very high, which is the reason for the high monthly. If this is an accurate quote, what's the likelihood that these rates will come down in the next couple months?

Thanks for any info!

wow...thats bad deal...u can buy a brand new Z for that $$$.

high residual rates would mean a lower payment. Nissan had a lease special a few months ago that was pretty good.

Thanks. Is there any way to predict future rates, in the sense that they might be seasonal and better in the fall, etc.?

It's nearly impossible to find a good lease deal on the Z. You might as well purchase it and trade it in later. They seem to be holding value pretty well.

Jan-June or so, base was like 299 or 399? a month I can't remember, but it was damn cheap...

Dang.....that is insane. Id buy and trade later...that lease rate is rape

There were good leases from March through July, on 12s, to make room for 13s. There won't be good leases until the next time they change the Z. The rate is high (.0025) and the residuals are okay. Nissan does not want to lease a ton of Zs, at a range any kid could afford, let them beat the **** out of the car, and then Nissan takes the hit when the car is returned!

I got in on the $299 Z lease special for April, I had to put down 3000$ to pay 350$ a month because i had zero credit. Its the base model though..Still gonna buy it in the end and take a hit on a couple thousand to raise my credit after the 3 years. Also after a year of on time payments with Nissan finance you are eligible for any Nissan even with crappy credit.

Thanks for the input! I am relocating to Los Angeles mid-October, and my company will give me a rental for a month or so. Hopefully the rates will change by November or early December! In the meantime, I respectfully request that people stop posting pictures of their new Zs! ;)

Makes a lot of sense. This is true for many sports cars among many manufacturers.

I made a killing on my '12 purchase in May. A KILLING I tell 'ya.

Explain your killer deal

Pmd

If you lease a vehicle, you will need to get gap insurance.

That lease rate is a bad deal. You could get a Corvette or a BMW 335 for that amount of money