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Nissan 350Z Lease Questions

103 messages,  Last post on Jun 15, 2009 at 4:58 PM

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What is this discussion about? Nissan 350Z, Car Leasing, Coupe, Convertible

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#13 of 103 Downsides to lease? by passanis Jan 04, 2006 (6:02 pm)
I was recently looking to purchase a 90s Z to replace my 84 Z. I've always shopped for used cars and have never considered a lease until just recently. I've decided that a 90s Z, while affordable up front, may cost quite a bit to keep up so that's why I'm now looking at the new model.   I've just started doing some research and it seems like I can get a 350Z Touring Roadster on a lease for less than $400. I think this would be a 5 year lease. I'm just out of grad school so I have loans to pay off and don't make enough to afford a car payment over $500 (and that's really pushing it). I just don't see how I can go wrong with lease payments less than $400/ month. My other option is to purchase a 2003 base model for something like $22K. I figure the payments would be higher than the lease. I do realize that after 5 years under a lease I won't have a car, but by then I should be making considerably more money and I can either finance the residual or trade it in for another model on lease.   Thanks in advance for any advice. Replies to this message: Car_man (Jan 11, 2006 3:25 am)
#14 of 103 leasing by dhamilton Jan 04, 2006 (8:39 pm)
Leasing can be a great way to drive a car that you really enjoy. There are some things to consider. Can your lifestyle fit in with the allowable miles written in to your lease. Anywhere from 10k-18k a year opproxomatly How stable is your current situation and how much will it change over the course of the lease. It's generally not a good idea to purchase at the end of the lease. Reason being is the residual value {lease end value of the vehicle} is often inflated by the manufacturer to make the lease more attractive. It's generally very expensive to get out of a lease early. Don't go in to this without doing your research and asking plenty of questions. Lucky for you, you came to the right place. Go to the 10 steps to leasing a car on this website, it's invaluable.                                              Good luck
#15 of 103 Re: Downsides to lease? [passanis] by Car_man HOST Jan 11, 2006 (3:25 am)
Replying to: passanis (Jan 04, 2006 6:02 pm) Hi passanis. Congratulations on your recent graduation from grad school. I see that you are considering entering into a five year lease. I usually advise consumers against leasing for so long. It is often very expensive to get out of leases early and five years is a long time to be committed to one vehicle. A lot can change in one's life over the course of a five year period that would make them need to get out of a sports car like the 350Z. Perhaps you decide that you need a bigger vehicle to haul stuff around, or perhaps your family will have a new arrival. Also, your daily commute could change causing you to drive way more than you had originally thought you would and go waaaaay over your allowed mileage. I usually try to steer consumers towards 36 to 39 month leases.   Car_man Host Smart Shopper / Prices Paid Forums
#16 of 103 350Z Lease by unclejbird Jan 19, 2006 (5:08 pm)
Car_man,   I'm smitten with the 350z, the roadster in particular. I drove one the other night and was impressed to say the least.   Like another writer above, I'd be interested in a lease somewhere in the neighborhood of $400 per month. Is there any way to make this happen with the Roadster? Are there questions I can ask or areas I can probe to push my dealer in that direction?   Similarly, is there a way to move up the option package food chain for that amount in the 350z coupe?   I have access to down payment funds, but I'm not sure if that's the best way to go about accomplishing what I want.   Thanks Replies to this message: Car_man (Feb 20, 2006 4:11 am) aprilnj (Sep 04, 2006 5:01 pm)
#17 of 103 Curious on lease buy rate and residuals on 350Z by glhboy Jan 24, 2006 (6:29 pm)
I'm looking to lease a 350Z coupe manual transmission for 3 years/39 months 18,000 miles/year. I am currently upside down $5-6000 on my current car and I want to lease something for 3 years and walk away without a car payment. I can't find any lease rates or residuals anywhere. Any idea what kind of payment I would be looking at with a cap cost of $35000? Replies to this message: Car_man (Feb 20, 2006 4:37 am)
#18 of 103 Current money factor for 350z by natehughes Jan 27, 2006 (12:44 pm)
Hey all, I just did some negotiating for a 350z and the money factor I was quoted was .0029 which is 6.96 percent. That seems a little too high to me, but the guys I talked to said Nissan isn't offering any support on the 350z leases right now. Does anyone know anything more about this? Has anyone leased a z through nissan recently and gotten a better or the same money factor?
#19 of 103 Residual for 350Z by dslam1 Feb 04, 2006 (4:49 am)
Hey guys, I have been looking at getting a new car in the past few months and looking to buy around april time. Currently i have gone through 25+ cars and have narrowed it down to the 350Z and Acura TL i already have a quote with acura for a lease payment but i was wondering if anyone knew the residual for the 350Z. Basically i am looking for a 2 year 15K lease and am going to put a down payment equal to the depreciation of the vehicle, or in other words i will only pay finance charges. I have quoted out an acura tl with nav msrp around $36k even though i will get at invoice and with putting 9100 down with a bad int rate (9._ %) my payment still stays in the 130 - 250 a mo price range. I can afford up to 1100 a month for a car but would rather keep it in this range so i can get a speedboat and SUV as well. Any info would be greatly appreciated.
#20 of 103 Re: 350Z Lease [unclejbird] by Car_man HOST Feb 20, 2006 (4:11 am)
Replying to: unclejbird (Jan 19, 2006 5:08 pm) Hi unclejbird. The lease payment for the car that you are interested in will depend upon a number of factors, including its MSRP, selling price, how long you lease it for, and how many miles per year you need to be able to drive it. I would be happy to give you an idea of what your lease payment for the exact 350Z that you want should be like right now if you provide me with the aforementioned information. I can tell you how much it would cost to lease with no down payment and what sort of money you would need to put down to hit the $400 a month target that you have in mind. Having said this, it's never a good idea to make capitalized cost reductions when leasing. Anyhow, let me know and I'll run some calculations for you.   Car_man Host Smart Shopper / Prices Paid Forums Replies to this message: aprilnj (Sep 04, 2006 5:01 pm)
#21 of 103 Re: Curious on lease buy rate and residuals on 350Z [glhboy] by Car_man HOST Feb 20, 2006 (4:37 am)
Replying to: glhboy (Jan 24, 2006 6:29 pm) Hi glhboy. I'd be happy to give you an idea of what the lease program is like on the car that you are interested in right now. However, I cannot estimate what your lease payment will be without knowing its full MSRP. If you were to lease a 2006 Nissan 350Z Coupe base model through Nissan Motor acceptance Corp. right now for 39 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00275 and 48%, respectively. I provided you with this car's 15,000 mile per year residual value because that is the highest mileage allowance that NMAC publishes residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.   I probably do not need to tell you this, but you would be better off waiting until you are less upside down on your current vehicle to get something new. Not only will you end up paying much more for your Z than you normally would have by rolling so much negative equity into your lease, but you probably will not be able to roll it all in. If this is the case, then you will have to pay thousands of dollars out of your own pocket at lease signing.   Car_man Host Smart Shopper / Prices Paid Forums
#22 of 103 Re: Nissan 350Z: Lease Questions [Car_man] by mc4life Feb 27, 2006 (4:58 pm)
Replying to: Car_man (Aug 31, 2005 4:07 pm) Ok I made a stupid mistake signing the paper for an automatic Z 2 months ago..I test drove both but the dealers somehow convinced me of getting the AT...But I really want that 6MT...My question is how much will I be upside down on my lease if I want to trade it for a Manual or is that even possible? Replies to this message: Car_man (Mar 21, 2006 3:05 am)

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