are leasing offered for 370Z?

ssqpolo · 01-14-2009, 01:08 PM

yes they do lease...I am leasing mine for 36 months/15000 miles per yaer

Zlips · 01-14-2009, 02:36 PM

Quote:

Originally Posted by navcom46

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.

How are you calculating a 53% residual? I used the MSRP you listed of $35,000 and change multiplied by 58% gave me the $20,500 figure. 53% is absolutely awful if that is the actual residual after three years. I guess your higher tax rate does make up for a good portion of it though. O'well I will have to check it out for myself once the dealers in Orlando actually have a car in stock.

navcom46 · 01-15-2009, 01:33 PM

The 53% figure was actually given to me by a Nissan sales manager, because I asked him a direct question, but when I looked at the leasing papers, it just does not make sense! so what I think is going on, is, they joggle the residual value v/s money factor to drop the monthly payment to make a sale! since their original lease offer (with the same MSRP) was $639, and I said that it was too high! so they dropped it to $604.
I hope that makes sense!

4MYZ370 · 01-15-2009, 06:42 PM

Quote:

Originally Posted by navcom46

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!

Nissan leased me a 08 Altima MSRP $20,878 24 months $200 + 17 tax ( ends 2/1/2010 )

Using that (HA HA) the 370Z at $41,756 24 months Sould be $400 +34 tax
434X 24 = $10,416 (get new Z every 24 months) Thats $5,208 per year

------------------------------------

navcom46 · 01-16-2009, 01:18 AM

If you can get a 2009 370z for $5208/year for two years, I salute you!! I have my doubts about that, but good luck anyway!!!

Zlips · 01-16-2009, 02:40 PM

You can't compare the two different cars, altima to Z, because the manufacturers run special incentives if they need to move a car. They know the Z is new and in higher demand so they just jack the money factor up in order to make more money off the car.

zelerious · 01-16-2009, 03:27 PM

Can somebody please edit the title of this thread, it makes me a little angry inside whenever I read it!

4MYZ370 · 01-16-2009, 06:26 PM

Quote:

Originally Posted by Zlips

You can't compare the two different cars, altima to Z, because the manufacturers run special incentives if they need to move a car. They know the Z is new and in higher demand so they just jack the money factor up in order to make more money off the car.

Did you notice The HA HA

I went to the dealer today

24month at 66% msrp =w/tax $985 = $23,640 less 8.5% = $21,630

24 mo. to buy w/ VPP $38,075 (MSRP $41,840) w/ $5,000 down - $1,451 payments (Z value =66% off leaves $15,000 Div. by 24 = $625 per month in your pocket ($1451 - $985 = $466 mo.) opps $159 compaired to lease.

36 moonths at Didn;t give = w/tax $650 = $23,400 less 8.5% = $21,411

36 mo. to buy w/ VPP payments are $996

.

Jasonviper · 01-16-2009, 10:06 PM

Can anyone confirm if the residual value is 66% for 24 month lease? and will the MF be .00318??

G in ny · 01-20-2009, 03:08 PM

wtf why are the lease prices so high you might as well finance

Zlips · 01-21-2009, 08:41 AM

I missed the Ha Ha, my bad, but yeah the initial numbers for a lease on this car does not look promising.

Quote:

Originally Posted by 4MYZ370

Did you notice The HA HA

I went to the dealer today

24month at 66% msrp =w/tax $985 = $23,640 less 8.5% = $21,630

24 mo. to buy w/ VPP $38,075 (MSRP $41,840) w/ $5,000 down - $1,451 payments (Z value =66% off leaves $15,000 Div. by 24 = $625 per month in your pocket ($1451 - $985 = $466 mo.) opps $159 compaired to lease.

36 moonths at Didn;t give = w/tax $650 = $23,400 less 8.5% = $21,411

36 mo. to buy w/ VPP payments are $996

.

sirploppy · 01-21-2009, 04:39 PM

Those number do seem a bit high.

Leasecompare.com always has good money factors and residuals:

2009 Nissan 370Z Touring Manual Auto Lease and Car Loan Offers

No, I don't work for them...

nazzdeq · 01-23-2009, 05:10 PM

Quote:

Originally Posted by BanningZ

Don't ever lease a car. Its kind of like the difference between Renting or owning a home. "Hey I just spent 48 months paying out cash, and I have nothing to show for it!" "Sweet!"

No, you are just paying the depreciation. If you buy, your car depreciates the same amount as a leased car.

Why always lease? Because in 3 years if you have an accident, you can just turn in your lease. How are you going to sell your wrecked Z? You won't. Not with Carfax and the other services today. People see the wreck and you'll own that Z forever.

My last BMW lease had 2 accidents that were not my fault. There would have been no way I would have sold that car.

Leasing is way smarter. If you don't like the car, give it back. If you do, then just buy it at lease end. Most car enthusiast get tired of a car after a few years. Look at all of the fools trying to sell their 350z now so they can get a 370z.

G in ny · 01-24-2009, 02:54 AM

I asked around some dealers for 3 years 0 down 12000 miles a year
This is what they told me
Dealer#1 = $740/month
Dealer#2= $700/month
Dealer#3=$670/month

Leasing company that one of my freind works in $564 a month

This is a fully loaded Z in 6mt

Currently my monthly payment for my G is $466 and I put down $5000 when I leased it. But im not putting anythiing down this time.

Might be getting into a Z soon!
The prices are ridiculos right now. But it wont be changing anytime soon. Their new maxima still goes for the same price and its been out for almost a year.

SMcK23 · 01-24-2009, 08:13 AM

Quote:

Originally Posted by G in ny

I asked around some dealers for 3 years 0 down 12000 miles a year
This is what they told me
Dealer#1 = $740/month
Dealer#2= $700/month
Dealer#3=$670/month

Leasing company that one of my freind works in $564 a month

This is a fully loaded Z in 6mt

Currently my monthly payment for my G is $466 and I put down $5000 when I leased it. But im not putting anythiing down this time.

Might be getting into a Z soon!
The prices are ridiculos right now. But it wont be changing anytime soon. Thei

new maxima still goes for the same price and its been out for almost a
year.

Well is that with the penalty of ending your G lease early? Or will you just buy out of that? If so, how much is the early termination fee?

01-15-2009, 01:33 PM	#33 (permalink)
navcom46 Base Member Join Date: Nov 2008 Location: SoCal Posts: 18 Drives: 370Z touring 6MT Rep Power: 17	The 53% figure was actually given to me by a Nissan sales manager, because I asked him a direct question, but when I looked at the leasing papers, it just does not make sense! so what I think is going on, is, they joggle the residual value v/s money factor to drop the monthly payment to make a sale! since their original lease offer (with the same MSRP) was $639, and I said that it was too high! so they dropped it to $604. I hope that makes sense! __________________ 2004 Redline 6MT (sold) 2004 Daytona Blue AT (totaled) 2009 Platinum Graphite 6MT+ black leather

01-16-2009, 01:18 AM	#35 (permalink)
navcom46 Base Member Join Date: Nov 2008 Location: SoCal Posts: 18 Drives: 370Z touring 6MT Rep Power: 17	If you can get a 2009 370z for $5208/year for two years, I salute you!! I have my doubts about that, but good luck anyway!!! __________________ 2004 Redline 6MT (sold) 2004 Daytona Blue AT (totaled) 2009 Platinum Graphite 6MT+ black leather

01-14-2009, 01:08 PM	#31 (permalink)
ssqpolo Track Member Join Date: Jan 2009 Location: Florida Posts: 882 Drives: '12 Black Nismo Rep Power: 267	yes they do lease...I am leasing mine for 36 months/15000 miles per yaer

01-16-2009, 02:40 PM	#36 (permalink)
Zlips Base Member Join Date: Jan 2009 Location: Orlando Posts: 80 Drives: 2012 370z MB Rep Power: 16	You can't compare the two different cars, altima to Z, because the manufacturers run special incentives if they need to move a car. They know the Z is new and in higher demand so they just jack the money factor up in order to make more money off the car.

01-16-2009, 03:27 PM	#37 (permalink)
zelerious Base Member Join Date: Jan 2009 Location: Albany, NY Posts: 21 Drives: 03 350Z Touring-sold Rep Power: 16	Can somebody please edit the title of this thread, it makes me a little angry inside whenever I read it!

01-16-2009, 10:06 PM	#39 (permalink)
Jasonviper Base Member Join Date: Jan 2009 Location: San Antonio Posts: 15 Drives: G37 Rep Power: 16	Can anyone confirm if the residual value is 66% for 24 month lease? and will the MF be .00318??

01-20-2009, 03:08 PM	#40 (permalink)
G in ny Enthusiast Member Join Date: Nov 2008 Location: new york Posts: 396 Drives: 2006 g35 coupe Rep Power: 228	wtf why are the lease prices so high you might as well finance

01-21-2009, 04:39 PM	#42 (permalink)
sirploppy Base Member Join Date: Dec 2008 Location: Korova Milk Bar Posts: 25 Drives: 06 S2000, 08 E90 M3 Rep Power: 16	Those number do seem a bit high. Leasecompare.com always has good money factors and residuals: 2009 Nissan 370Z Touring Manual Auto Lease and Car Loan Offers No, I don't work for them...

01-24-2009, 02:54 AM	#44 (permalink)
G in ny Enthusiast Member Join Date: Nov 2008 Location: new york Posts: 396 Drives: 2006 g35 coupe Rep Power: 228	I asked around some dealers for 3 years 0 down 12000 miles a year This is what they told me Dealer#1 = $740/month Dealer#2= $700/month Dealer#3=$670/month Leasing company that one of my freind works in $564 a month This is a fully loaded Z in 6mt Currently my monthly payment for my G is $466 and I put down $5000 when I leased it. But im not putting anythiing down this time. Might be getting into a Z soon! The prices are ridiculos right now. But it wont be changing anytime soon. Their new maxima still goes for the same price and its been out for almost a year.