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don't understand why a lot of you put down leasing... if you have the car for a few years or less -- it is usually CHEAPER and involves less hassle.
someone else wanted to know why you would "mod" a leased car.. i modified my 2004 G35 and my 2008 G37... you just take the parts off and sell them or keep them on. what's the difference when you own the car anyway?? i'm still surprised so many people buy new cars... just old school thinking i guess. most people don't keep the car long enough to get the full value of purchasing. then again... it all depends on how the leasing numbers work out with this car. i'm assuming they should be good tho. |
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leasing has its pros and cons, as does financing. but the Z has never been a good car to lease. It has the worst residual value of any nissan model ( not sure bout the GTR). so you really have to sit down and play numbers to see if it finacially makes sense.
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There is no "don't lease at all" rule. Its a case by case situation. In general if you keep your cars for 10 years you are better off financing b/c the cost of the car is spread out over that period of time. If you can get the tax deductions, prefer a new car every few years, and have a healthy amount of disposable income leasing is the way to go. There is no ownership or equity in leasing which is one way people put down leasing by saying "well you pay all that money and you don't own it." That's nice, but you are the one driving the car and its in your driveway. For all intents and purposes you are the constructive owner of the car even if you don't have title to it. Plus, do we ever truly own anything in this world? At best all ownership claims, even to our physical bodies, are extinguished upon death. Things can quickly turn into a philosophical question which is beyond the discussion here. Suffice it to say leasing should not be dismissed so quickly as it is a viable sometimes better option depending on your financial circumstance and personal preferences.
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Leasing can be good, if you payment is low enough all your doing is paying off most of the depreciation, money that would be long gone whether you bought or leased.
I leased a Lexus IS350 for 3 years, but I got tired of it after only a year and ended up finding somebody to swap with. If I lease again it will be for 24 months, but those are harder to find. |
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i leased my G37 for 24 months... but the money factor was really good for that term so the monthly ended up being very close to the 36/39/ month with the right negotiation... you should be able to lease almost any car for 24 months.. it's just whether or not it makes financial sense. |
Yes, leasing is offered, I leased one yesterday!!
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does that mean the z does not hold its value well compared to other nissans? |
What kinda numbers were they throwing around as far as MF and residual if you dont mind me asking?
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I don't mind at all!!I agreed to pay MSRP which was $35470, I put $5000 out of pocket and my payment will be $604 a month which includes everything (tax, lic & reg fee) for 36 months, residual value in 3 years will be $20572, I hope that helps!
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The only complaint that I have is that the clutch is WAY to soft. It's hard to feel but other than that, it is WAY better than my 350 in every way. I hope you get as much enjoyment out of your car as I have mine so far and again... CONGRATS!!!!!!!! |
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Cap reduction was $3700, unfortunately residual value on the Z is 53%, not 58%, and my state taxes are at 8.25% rate!! The money factor was high, I think it was .00318.
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