Financing Options

r3zon8 · 09-01-2009, 05:11 PM

Lease is ending on my 06Z and Im really looking forward to purchasing this time a new 370z.

Does anyone have any experiences to share with purchasing a new Z to which they brought in their own financing?? In other words, someone who got financing before actually walking into the dealer...

-were you able to negotiate a better price for the car since you were paying 'cash'?

-did you get a better rate than what the dealer was offering?

Im concerned mainly with the rate since Nissan never offers any special financing rates for the Z/GT-R and so their rates will be comparable to what all other banks are offering..

FuszNissan · 09-01-2009, 05:19 PM

Nissan has 4.89% for 63mons. There are credit Unions like Penfed that have 3.99% for 60 months. Paying cash insn't going to get you a better deal these days. Just make sure you are well educated on rates and invoices on the vehilce so you know what to negotiate to. I hope that makes sense

r3zon8 · 09-01-2009, 05:39 PM

hmm....local nissan dealer provided me with 5.74%@60 months

thats what sparked my interest with online auto loans.

kdo2milger · 09-01-2009, 05:42 PM

heres a good place to start...if you are serious

Nissan 370Z Forum - Search Results

kdo2milger · 09-01-2009, 08:48 PM

let us know how it goes, ok?

boomboom · 09-01-2009, 10:38 PM

What kinda fico score does one need to have to get under 8% int rate these days..

dad · 09-01-2009, 10:41 PM

Quote:

Originally Posted by FuszNissan

Nissan has 4.89% for 63mons. There are credit Unions like Penfed that have 3.99% for 60 months. Paying cash insn't going to get you a better deal these days. Just make sure you are well educated on rates and invoices on the vehilce so you know what to negotiate to. I hope that makes sense

Why 63 mths.? Instead of 60. Seems odd!

bradz · 09-01-2009, 10:44 PM

If I were you, just go to the nearest credit union and get a loan from them. By that, you are assure that you get the right rate for you instead of playing with the dealership. After you pre-approved; do your assignment, go to the dealership and get ready to play numbers with them.

FuszNissan · 09-01-2009, 10:45 PM

To help people stay in lower terms, I guess. Maybe bump someone to 63 instead of going right to 72, because I know that Nissan loses money on going extended terms. Just my guess.

OMGWTFBBQ · 09-02-2009, 01:43 AM

How I have scored invoice pricing with 3.99% APR on my 370Z?

From what I've seen, PenFed or ThinkBank offer the best rates (3.99% APR up to 60 months?). I got my loan from PenFed.

09-01-2009, 05:11 PM	#1 (permalink)
r3zon8 Base Member Join Date: Sep 2009 Location: Miami Posts: 2 Drives: 06 350Z 6MT Rep Power: 16	Financing Options Lease is ending on my 06Z and Im really looking forward to purchasing this time a new 370z. Does anyone have any experiences to share with purchasing a new Z to which they brought in their own financing?? In other words, someone who got financing before actually walking into the dealer... -were you able to negotiate a better price for the car since you were paying 'cash'? -did you get a better rate than what the dealer was offering? Im concerned mainly with the rate since Nissan never offers any special financing rates for the Z/GT-R and so their rates will be comparable to what all other banks are offering..

09-01-2009, 05:19 PM	#2 (permalink)
FuszNissan A True Z Fanatic Join Date: May 2009 Location: St. Louis Posts: 14,275 Drives: Pure Sex Rep Power: 542	Nissan has 4.89% for 63mons. There are credit Unions like Penfed that have 3.99% for 60 months. Paying cash insn't going to get you a better deal these days. Just make sure you are well educated on rates and invoices on the vehilce so you know what to negotiate to. I hope that makes sense __________________ Mods: Too Many to list! LouFuszNissan ZDAYZ 2012

09-01-2009, 05:42 PM	#4 (permalink)
kdo2milger OG Priesthood Join Date: Feb 2009 Location: Fargo, ND Posts: 17,859 Drives: NISMO T Rep Power: 59	heres a good place to start...if you are serious Nissan 370Z Forum - Search Results __________________ Project *NISMO*

09-01-2009, 08:48 PM	#5 (permalink)
kdo2milger OG Priesthood Join Date: Feb 2009 Location: Fargo, ND Posts: 17,859 Drives: NISMO T Rep Power: 59	let us know how it goes, ok? __________________ Project *NISMO*

09-01-2009, 10:45 PM	#9 (permalink)
FuszNissan A True Z Fanatic Join Date: May 2009 Location: St. Louis Posts: 14,275 Drives: Pure Sex Rep Power: 542	To help people stay in lower terms, I guess. Maybe bump someone to 63 instead of going right to 72, because I know that Nissan loses money on going extended terms. Just my guess. __________________ Mods: Too Many to list! LouFuszNissan ZDAYZ 2012

09-01-2009, 05:39 PM	#3 (permalink)
r3zon8 Base Member Join Date: Sep 2009 Location: Miami Posts: 2 Drives: 06 350Z 6MT Rep Power: 16	hmm....local nissan dealer provided me with 5.74%@60 months thats what sparked my interest with online auto loans.

09-01-2009, 10:38 PM	#6 (permalink)
boomboom Enthusiast Member Join Date: Aug 2009 Location: WI Posts: 438 Drives: 09 NISSAN 370Z Rep Power: 16	What kinda fico score does one need to have to get under 8% int rate these days..

09-01-2009, 10:44 PM	#8 (permalink)
bradz Enthusiast Member Join Date: Jul 2009 Location: Pinellas County Florida Posts: 348 Drives: 09' 370z MB 6spd Rep Power: 16	If I were you, just go to the nearest credit union and get a loan from them. By that, you are assure that you get the right rate for you instead of playing with the dealership. After you pre-approved; do your assignment, go to the dealership and get ready to play numbers with them.

09-02-2009, 01:43 AM	#10 (permalink)
OMGWTFBBQ A True Z Fanatic Join Date: Jan 2009 Location: the OC Posts: 1,886 Drives: 08 SGM IS350 Rep Power: 4549	How I have scored invoice pricing with 3.99% APR on my 370Z? From what I've seen, PenFed or ThinkBank offer the best rates (3.99% APR up to 60 months?). I got my loan from PenFed. __________________ Zele Performance \| Varis \| Powerhouse Amuse \| Craftsquare \| Tommy Kaira \| Top Secret \| HKS \| Defi \| Volk Racing \| Cusco \| SPL \| Never ending build thread.. PM me if you have rare JDM parts for sale!

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Special Financing	Threev8s	Nissan 370Z Pricing / Ordering Discussions	22	08-19-2009 11:15 AM
About the PenFed Financing.......!	khsysh	Nissan 370Z Pricing / Ordering Discussions	23	05-27-2009 08:03 PM
Financing	AshburnZ	Nissan 370Z Pricing / Ordering Discussions	6	05-22-2009 11:00 PM
3.75% APR financing	g96818	Nissan 370Z Pricing / Ordering Discussions	3	05-17-2009 08:54 PM
How I also scored 3.99% financing......	G RAM	Nissan 370Z Pricing / Ordering Discussions	14	03-30-2009 09:58 PM