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Nissan 350Z Lease Questions

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

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#64 of 103
Re: Car_man [veal999] by Car_man HOST
Mar 15, 2007 (3:32 am)
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Replying to: veal999 (Feb 12, 2007 10:33 am)

Hey veal999. I would be happy to use Nissan's current lease program to calculate what your lease payment should be like on this car for you. According to my calculations, if you were to lease a 2007 Nissan 350Z Convertible Grand Touring that has an MSRP of $44,500 and a selling price of $43,500 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 $774. While this is a pretty scary monthly payment, it's not nearly as bad as the $900 per month that you were quoted. I always advise consumers against making large down payments on leases. Those who make them risk losing them if their vehicle is totaled in an accident or stolen and never recovered. If you really want to make a $3,000 capitalized cost reduction on the aforementioned lease, it would lower the monthly payment to around $682. A $4,500 down payment would drop it to around $635.
 
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#65 of 103
Lease Questions by movistar
Apr 11, 2007 (3:44 pm)
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Car man,
 
MSRP $37,xxx seling price $31,900 what is the current base money factor and residual? If I put down nothing but first payment, what would my payment be?
 
'07 Nissan 350z touring with leather and NAV. Thanks
#66 of 103
Re: Lease Questions [movistar] by Car_man HOST
Apr 19, 2007 (3:24 am)
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Replying to: movistar (Apr 11, 2007 3:44 pm)

Hi movistar. This car's lease program varies by term and mileage allowance. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2007 350Z Touring Coupe with 15,000 miles per year are .00295 and 51%, respectively.
 
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#67 of 103
Please help me with the lease offer... by hanzoo
Jul 21, 2007 (7:49 pm)
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Hello, I got an offer of $7000 down (24 months lease) of $450 per month...I was wondering if this is a bad offer or a good offer...( 2007 350z touring with SplashGuards,Carpeted Floor Mats and Splash Guards. )msrp of 34,270....thank you for your help...
#68 of 103
Re: Please help me with the lease offer... [hanzoo] by Car_man HOST
Aug 02, 2007 (1:15 am)
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Replying to: hanzoo (Jul 21, 2007 7:49 pm)

Hi hanzoo. Let me begin by saying that $7,000 is way too much money to put down when leasing. I always advise consumers not to make any sort of down payment on leases. People who make them risk losing part or all of them if their vehicles are totaled in an accident or stolen and never recovered. You can and should lease any vehicle that you want without making any sort of capitalized cost reduction.
 
You never mentioned the selling price of the 350Z that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
 
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#69 of 103
Re: Leasing a 2006 350Z Touring... [Car_man] by codek
Oct 27, 2007 (6:38 pm)
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Replying to: Car_man (Feb 12, 2007 3:15 am)

I'm thinking about buying or leasing a 350z.
 
What would you do and why?
 
Which 350z would you get. I'm looking at the base. I'm not a racer but would like a sporty car.
#70 of 103
z33rn by fabcas311
Nov 20, 2007 (1:56 am)
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hello carman, need some advice here....i just leased a nissan 350z of nov 06...37500 touring with nismo stuffs!....45 month lease....its an auto tranny...and i regret for not getting the 6sp....im thinking of trading my car when the 09z comes out nxt yr... any advice is very helpful.thanks..
#71 of 103
Leasing 2007 by talk2marvin
Nov 26, 2007 (9:22 am)
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Looking to lease an 07 leftover 31,800 including destination in NC. What should I be looking at for a 36month lease with 0 down? Plus I have heard that Z's arent good to lease, but I dont want to purchase one with the 09 coming out. I figure by late '10 they show have all the bugs worked out of them.
#72 of 103
Re: Leasing a 2006 350Z Touring... [codek] by Car_man HOST
Dec 03, 2007 (2:44 am)
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Replying to: codek (Oct 27, 2007 6:38 pm)

Hi codek. If I was in the market for a Nissan 350Z and I wanted to get a 2008 model, I probably would pay cash for or finance it. Nissan is not currently providing any lease support on the '08 350Z. On the other hand, if I was willing to go with a leftover 2007 model I would consider leasing it. Nissan is currently providing a special $1,000 cash incentive on leases of the '07 350Z Coupe and $2,500 on leases of the '07 350Z Convertible through its captive finance company. If you finance this car through an independent bank or pay cash for it, you cannot take advantage of this incentive.
 
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#73 of 103
Re: z33rn [fabcas311] by Car_man HOST
Dec 03, 2007 (2:45 am)
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Replying to: fabcas311 (Nov 20, 2007 1:56 am)

Hi fabcas311. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates. In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.
  
You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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