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Leasing a 370z
Anyone Leased a 370z and knows how it works?
I'm looking to lease a 370z 15K miles for 24 months. I've been price quoted at $30200 for a SP/A7/GM 2014 370Z 4Mi Just looking for information on the Z for leasing for one time payment vs monthly payments. |
PM JungleZ
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Does he work for Nissan or something? Or leased a vehicle before?
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I think leasing terms will vary from dealer to dealer. |
I wouldn't recommend leasing. If anything, buy used if you really want a Z because once you start seeing other modded Z's you'll get the itch...you can find a reasonable one for about 25k...leasing is just like borrowing your friends car because you have to give it back at the end of the day. You'll also be paying to drive this vehicle that's not yours at the end of the day.
Don't know your financial situation, but at the end of the day it's your decision. So just my opinion |
I plan on leasing then buying at the end of lease bc in my area we get a $5000 credit for leasing a vechile. + I only have to pay taxes on what I use instead of buying. So i'll be really getting the car for about 25K Brand new once i get back my 5K from my city.
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Advantage to leasing us that you're only paying for the part of the car you're using rather than the whole car up front and hoping you get it out later when you sell it. Disadvantage is that it's not your car to modify. Me, leasing is great as I have exactly zero interest in mods and I do like the option of walking away at the end of the lease. I leased my last Z (2011 Sport/Touring). Residual value was $21,000 at the end of 39 months, KBB was $28,000. Buy it, resell it, pocket $7000.
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You can also sell it to the dealership, or they'll buy you out of the lease early and pocket that profit, pass it on to you. Some dealers even find the mods valuable depending on their market and the quality if the mods. |
wait what? I can sell the car to a dealership early to buyout of the lease???
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My daily driver is a 2008 Sierra that I originally leased. Residual value (set at the time the lease was executed) was $19,000. After the lease was up, I still needed a 4wd truck but there was no touching a low-mileage used 4x4 for less than$28,000 so I bought the vehicle for the residual value. I could have easily sold that immaculate GMC with its 38,000 miles it for $30,000, but I needed a truck, so I bought it for the $19k plus sales tax. |
yah, i dont usually lease a car but a while back i leased a dd and returned it a year early with no penalty to trade in for a dd i bough cash.
leasing a car is sort of similar to buying a car on a loan.. but it's not for me. maybe for company cars. |
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