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Nissan 350Z, Coupe, Convertible
#401 of 475 Re: Current Z Car Rates [hangtime03]
Jun 21, 2006 (10:39 pm)
just came back from a nissan dealership here in LA and was looking at a 2006 350z basic edition (they didn't have any enthuasists).
anyway, the sticker price on the car was about 29,500 and the invoice was about 28,300.
well after 5 hours and the sales, sales manager AND 2 desk (tower) managers i walked out.
i went in there with hopes of a 3 year lease, 12K mile, 1500 down dream and walked out with 5 year, 15K miles and 2200 dream 440 per year with a residual of about 9500 at the end of the lease nightmare.
for three years 12K and 2000 down, they wanted almost 630a month for a BASIC 2006 350z. i didn't even want a roadster or a convertible.
i used edmunds online basic lease calculator and i inputed the down payment, the terms and the mileage and it came out to about 445.
for some reason my gut told me that was to high, so i walked, but now that i saw what edmunds had to say i am re think it.
of course when i was walking out the sales manager said the deal was no good as soon as i stepped outside, so i jumped out of the showroom.
#402 of 475 Re: Current Z Car Rates [hangtime03]
Jun 22, 2006 (11:57 am)
I've been getting quoted residuals of 17,362 on an MSRP of 34,085 (an automatic touring edition). That's 51% of the MSRP. That's pretty standard, it seems.
I have a question for the Carman. This is a quote that I've gotten for a 350z '06 Touring on a 39 mth lease with 5K down (12K mileage).
Sell Price is $30,869 (That sounds very low... under invoice)
Payments are $383.09
39 months 12k a year
total downpayment $5883.09 (with the $5K down)
350 z Touring auto trans
Money factor .00290
waiving sec deposit
residual 51%= $17,362.00
That sounds like a good deal to me. The car is not a demo and it's in the color that I want as well. What are your thoughts?
Jul 11, 2006 (8:53 am)
Looking for the residuals and money factors for a 2006 Z Touring model- 24, 35, and 39 month leases, 12000 miles-
#404 of 475 Re: Current Z Car Rates [hangtime03]
Jul 16, 2006 (10:48 am)
You;re welcome, hangtime03. If you were to lease a 2006 Nissan 350Z Coupe Touring through Nissan Motor Acceptance Corp. right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00285 and 52%. The numbers for an otherwise identical 39 month lease should be .00285 and 51%.
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#405 of 475 Re: Current Z Car Rates [fifer55]
Jul 17, 2006 (1:30 am)
Hi Mike. This car's lease payment will depend upon what its selling price is. Let's say that you were only given a $500 discount on it. According to my calculations, if you were to lease a base 2006 Nissan 350Z Coupe with an MSRP of $29,500 and a selling price of $29,000 through Nissan Motor Acceptance Corp. right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $536. I advise consumers against making down payments when leasing because those who do risk losing them if their vehicle is totaled in an accident or stolen and never recovered, but if you were to make a $2,000 down payment on this car it would drop the monthly payment for an otherwise identical lease to around $474. These are before tax, so with tax you will be approaching $500 a month, which is more than you were hoping to pay but still way less than the dealer that you visited quoted you. If you were able to negotiate a larger discount than $500, this car's payment would drop.
Prices Paid Forums
#406 of 475 Re: Current Z Car Rates [lainen]
Jul 17, 2006 (1:41 am)
Hello lainen. A price that's below dealer invoice is an excellent deal on a new 2006 350Z. The money factor that you were quoted for this car is a little high though. Nissan Motor Acceptance Corp.'s current buy rate lease money factor for the '06 350Z is .00295 and I believe that it was even less than this in June. Perhaps you are having your car's security deposit waived. NMAC will waive its security deposit requirement in exchange for an increase of .00015 in a vehicle's money factor.
One thing that I notice about the deal that you described is the huge down payment that you are making. If your leased 350Z is totaled in an accident or stolen and never recovered during the above lease, your nearly $5,000 down payment will essentially disappear. You would be better off keeping that money in the bank and using it to supplement your car's monthly payment or make a few of them for you. Here's what a zero down lease of this car would look like if you are interested. According to my calculations, a 39 month, 12,000 mile per year lease through NMAC of a 2006 Nissan 350Z Touring Coupe with an MSRP of $34,085 and a selling price of $30,869 should have a zero down, pre-tax monthly payment of around $491.
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#407 of 475 Re: Lease Numbers [hangtime03]
Jul 17, 2006 (1:43 am)
Greetings hangtime03. Here's the info that you're looking for. If you were to lease a 2006 Nissan 350Z Coupe Touring through Nissan Motor Acceptance Corp. right now for 24 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00285 and 61%, respectively. The numbers for an otherwise identical 36 month lease should be .00285 and 52%. The numbers for a 39 month lease should be .00285 and 51%.
Prices Paid Forums
#408 of 475 Re: Lease Numbers [Car_man]
Jul 17, 2006 (5:56 am)
As always- thanks again
#409 of 475 Re: Lease Numbers [hangtime03]
Aug 02, 2006 (3:32 am)
You're very welcome, hangtime03.
Prices Paid Forum
Sep 03, 2006 (9:41 am)
ok guys I was reading your Forums and I think its a great way to get info on leasing a car.. I already leased my car last year .. I am just curious to see if I got a good deal back then I put 2 k down on 36 months with 15 k miles a year and I am paying 522 including taxes.. Did I get what we call Shafted down here in miami? Or did I get a more or less decent deal? lol