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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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#71 of 103 Leasing 2007 by talk2marvin Nov 26, 2007 (9:22 am)
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. Replies to this message: Car_man (Dec 03, 2007 2:49 am) talk2marvin (Dec 03, 2007 7:49 pm) deepstar (Dec 04, 2007 1:12 am) deepstar (Dec 18, 2007 11:51 am)
#72 of 103 Re: Leasing a 2006 350Z Touring... [codek] by Car_man HOST Dec 03, 2007 (2:44 am)
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.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#73 of 103 Re: z33rn [fabcas311] by Car_man HOST Dec 03, 2007 (2:45 am)
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 Host Prices Paid: Buying & Leasing Experiences Forum
#74 of 103 Re: Leasing 2007 [talk2marvin] by Car_man HOST Dec 03, 2007 (2:49 am)
Replying to: talk2marvin (Nov 26, 2007 9:22 am) Greetings talk2marvin. Is $31,800 this car's MSRP or is it the selling price that you were quoted for it? You definitely should be able to negotiate a pretty good discount on this car right now. Not only are dealers going to want to unload their leftover 2007 models to make room for new '08s, but Nissan is actually providing a cash incentive on leases of it. Specifically, it is providing a total of $1,500 ($1,000 lease cash + $500 bonus cash) on leases of the 2007 350Z Coupe and $2,500 on the '07 350Z Convertible through Nissan Motor Acceptance Corp.   Let me know what this car's MSRP and approximate selling price are, or at least its MSRP and dealer invoice price, and I will be happy to use Nissan's current lease program to estimate what your monthly payment should be.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: talk2marvin (Dec 03, 2007 7:49 pm) deepstar (Dec 04, 2007 1:12 am) deepstar (Dec 18, 2007 11:51 am)
#75 of 103 Re: Leasing 2007 [Car_man] by talk2marvin Dec 03, 2007 (7:49 pm)
Replying to: Car_man (Dec 03, 2007 2:49 am) MSRP: $33,825 Invoice: $31,379 Dont know if I should only do either 15K for 2 years or 12 for 3 years since the bumper to bumper is 36K miles? Opinions car_man?
#76 of 103 Re: Leasing 2007 [Car_man] by deepstar Dec 04, 2007 (1:12 am)
Replying to: Car_man (Dec 03, 2007 2:49 am) Hi Car Man..Maybe you can kill two birds with this one...lol.   I am in the exact same boat and I have exactly the same Question as talk2marvin...I'm Looking to lease a 2007 350Z Coupe - Touring with an MSRP of 33,840. and an Invoice of 31,291. I don't want to put money down If I can help it. I might caveat this by saying this will be my first time to really research a car purchase like never before, and am hoping that I can get into a sweet deal on a great car. Hope you can bear with my barrage of questions.   It seems to be my assumption based on what I have read, that I want to negotiate the sales price of the car before I work out the lease numbers. Is this the right thing to do? This seems to be nearly impossible, the way dealers load their questioning with the typical barrage of, "Where do you want to be?"..etc....   Other factors and questions to this are: 1. My local dealer does not have the model I want, being the end of the year.     So do I:     A. Go to a dealer with current stock of what I want.     B. Ask him to "Go Get" me what I want.         (Will he charge me for this / Sneek in an additional destination charge? or should this be his Cost of Doing Business to gain me as a customer or lose the sale?)   2. Will it help or Hurt me in telling/showing my salesman a printed TMV form from edmunds or elsewhere. What would/ should his response be to that?   3. What to do about taxes? Should they be worked into the Lease or should I pay them upfront. Some dealers are asking me what do I want to do in terms of taxes.   4. I am comming out of a lease in Jan from another manufacturer...So far Nissan dealers have not asked to "pick-up" my final two payments as others dealers have done. Is there a way to "not get stuck" paying two lease payments in order to jump on the chance to get an '07 leftover deal.   5. Does dealer Invoice truly mean that is what the dealer paid for the vehicle? How does this question apply to the smaller dealers vs. the SUPER MEGA AUTOMALLS?   6. Is it Unreasonable to ask to pay invoice price or "close to it" or even "below it" on an '07 leftover in Dec '07 on a "non-luxury brand"?   7. Should I insist on knowing the Money Factor for the lease?   Thanks sooo much...hope that wasn't too lengthy.. Replies to this message: deepstar (Dec 18, 2007 11:51 am)
#77 of 103 Anyone Out there? by deepstar Dec 12, 2007 (11:11 pm)
Can anyone answer the last two Posts
#78 of 103 Re: Leasing 2007 [deepstar] by deepstar Dec 18, 2007 (11:51 am)
Replying to: deepstar (Dec 04, 2007 1:12 am) Also some more information now on this car. Lease is for 12,000 Mi/yr MSRP of 35,510 Invoice of 32,481 as it has the 18" chome wheels.   Looking to see what the best deal should be on this lease. what is the Current Money factor and Residual Value on this car. for 36 or 48 months based on 12,000 mi/yr   The advertised lease deal is not a deal at all but more like an example...I have already gotten better pricing without haggling yet.
#79 of 103 '08 350z enth. by tuca Jul 01, 2008 (2:06 pm)
hey guys. new to the forum. i got an offer for '08 350z enth. with auto msrp$31,950 due at sign $2000(include first pay, bank fee, doc fee and etc..) 12k/ yr 39 month lease after tax $492/month   i am in NY.   is this pretty good deal?
#80 of 103 New 350Z 2008 Touring Convertible Lease by cuco1 Jul 07, 2008 (10:55 am)
Hi All,    Here is a new lease from a Nissan Dealer in the Dallas, TX area.    2008 350Z Touring Convertible.    Options: 18" Chrome Wheels, Nugaro Red, Aluminum Kick Plates.    MSRP of $42580 ... Invoice price of $39075 ... TMV of $40288    I got the vehicle at $40042.    The Gross Capt Cost (Service contract, Title, Registration, Acquisition Fee) at      $41567    Cap Cost Reduction of $3500 .... I know I shouldn't be putting money down on a lease, but this car is for my wife. It allowed me to reduce her monthly payment ... to reduce the monthly pain for her    Adjusted Cap Cost ($41567 - $3500) at $38067    Residual at $22488    39 month lease at 12K miles per year.    Rent Charge of $2739    Money Factor = (Rent Charge / 39) / (Adjusted Cap Cost + Residual) = 0.001160    0.001160 * 2400 = 2.78%    Monthly Lease = $470    Any comments?    Thanks for all the great information provided by this site. It greatly helped me to understand the leasing process.

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