Last post on Jun 15, 2009 at 4:58 PM
You are in the Nissan 350Z/370Z
What is this discussion about?
Nissan 350Z, Coupe, Convertible
#460 of 475 Re: October lease rates for 2008 350Z ?? [Car_man]
Oct 09, 2008 (6:32 pm)
Thanks for the info Car_man.
Even though I can get a great selling price on a Z, that mf is a definite dealbreaker.
I'll wait to see if things improve next month or look into another vehicle. Given the state of the economy I would imagine that companies are going to make things more attractive to the consumer or be faced with a backup of inventory. I guess only time will tell.
#461 of 475 Re: October lease rates for 2008 350Z ?? [zman16]
Oct 17, 2008 (3:26 am)
No problem, zman16. I have a feeling that whether manufacturers have to significantly crank up incentives at this point all depends upon whether they are willing / able to slash production and how quickly they can do so. This will likely vary from manufacturer to manufacturer. There's no doubt that there should be some great deals out there for the foreseeable future.
Prices Paid: Buying & Leasing Experiences Forum
#463 of 475 purchasing previously leased vehicles
Oct 18, 2008 (11:32 am)
Are there problems with purchasing previously leased vehicles? thanks
#464 of 475 Re: purchasing previously leased vehicles [dan148]
Oct 19, 2008 (6:55 am)
As someone how is leasing a 350Z Roadster -- I would think probably less than your normal used car --
A leasee has to maintain good condition, generally has to keep everything stock, and knows it will be judged at the end of the lease.
They usually have limited mileage as well.
YMMV, but that is what I am doing.
My lease expires at the end of Jan '09 -- and I will be turning my in,
Its in damn near perfect condition.
#465 of 475 Re: purchasing previously leased vehicles [mseningen]
Oct 19, 2008 (6:03 pm)
thanks mseningen, that was the case many years ago when i leased a buick.
the way times have changed, i wasn't sure that hadn't changed. Trying to find a used 350z is a real chore when $ is an important factor.Since there are no reasonablly priced 350z in Richmond. I'm doing all looking and dealing via long distance without being able to drive and inspect the vehicles. In any any event, thanks for the reply...p.s. tell this old man what YMMV means..
#466 of 475 Re: purchasing previously leased vehicles [dan148]
by kyfdx@Edmunds HOST
Oct 20, 2008 (3:27 am)
Jan 14, 2009 (12:22 am)
I have not leased a vehicle before, but planning to do so later this new year. So for example, if I am to lease a 2008 Nissan 350Z Enthusiast, what are the current residual values for a 12k miles and 15k miles, 36 months deal? And is money factor set by the manufacturer and the credit rating? Also are the residual and money factors dependent on location, states? Sorry I have a ton of questions as I have no experience in leasing.
Thank you in advance!!
#468 of 475 Re: Regarding lease [Crockerjarmon]
Jan 21, 2009 (3:48 am)
Greetings Crockerjarmon. Since you have never leased before, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
Here is the specific information that you're looking for. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2008 350Z Coupe Enthusiast with 15,000 miles per year are .00325 and 44%, respectively. If you were to lease with only 12,000 miles per year, this car's residual value would be 1% higher.
This money factor will be higher if your credit is in really rough shape, but Nissan is much less restrictive about who qualifies for its top credit tier than Honda and Toyota are. This lease program does not vary by region.
When negotiating your lease on this car, make sure to take advantage of the cash incentives that are currently available on it.
Prices Paid: Buying & Leasing Experiences Forum
#469 of 475 350Z leasing w/incentives
Mar 04, 2009 (9:34 am)
I've been monitoring the 08 350Z situation for the last couple months and have a couple questions. I've negotiated a buy price of 21,400 for a base 350Z 6MT at my local dealer (durham NC), but they refused to honor that price for a lease when I brought it up. I went into the dealer armed with the info from this site (thanks a bunch for that) 12k mi a year, 45% residual based on 28,5 MSRP, MF of .00325. The lease would be very attractive at 21,4 which is what I was prepared to close the deal with, but they would only discount the car to 25000 claiming that they can't apply the rebates and dealer cash to a lease... just a regular finance. is this true or are the trying to get more money out of financing it through the dealer? My next move is to call any dealers with remaining 6MT 08 coupes and ask this same question, but knowing if the incentives can or cannot be applied to a lease would help a ton. If I'm not mistaken there is a $2500 customer cash rebate and $2500 manuf. to dealer rebate available. I am also currently leasing a pathfinder, so there's another $500 loyalty cash available as well. I don't really want to consider buying because I don't want to own a Z for more than 3 years and leasing would be more cost effective. Thanks for your help!