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Nissan 350Z Lease Questions

88 messages,  Last post on Oct 09, 2008 at 7:32 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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#79 of 88
'08 350z enth. by tuca
Jul 01, 2008 (3:06 pm)
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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 88
New 350Z 2008 Touring Convertible Lease by cuco1
Jul 07, 2008 (11:55 am)
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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.
#81 of 88
August Numbers for 08 350z Touring Please =) by bajapanty350z
Aug 07, 2008 (5:54 pm)
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Hi guys, Hope everyone is doing well. I currently have an 05 350z touring leased which I Have to return sometime this weekend. I am thinking about getting the same thing just 08.
 
I hope someone can help me here with the numbers for August.
I need the following:
Residual percentage on 08 Manual Touring on a 24 month lease with 12k and 15k and the percentage as well on a 36 month lease with 12k and 15k. Also the Money Factor.
 
If it is not too much to ask I would also like the same for the Grand Touring =).
 
Thanks a lot =)
#82 of 88
Re: August Numbers for 08 350z Touring Please =) [bajapanty350z] by Car_man HOST
Aug 11, 2008 (3:43 am)
Reply

Replying to: bajapanty350z (Aug 07, 2008 5:54 pm)

Here's the information that you're looking for, bajapanty350z. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2008 350Z Coupe Touring with a manual transmission and 15,000 miles per year are .00165 and 64%, respectively. The numbers for an otherwise identical 36 month lease are .00165 and 55%.
 
The money factors for the '08 350Z Coupe Grand Touring are exactly the same, but its residual values are 62% for 24 months and 53% for 36 months.
 
NMAC's residual values for leases with only 12,000 miles per year are 1% higher.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#83 of 88
by bajapanty350z
Aug 12, 2008 (4:17 pm)
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Car_man you are the best =) thanks a lot for the help I ll post again if I end up getting another z =)
Thanks again
#84 of 88
Re: [bajapanty350z] by Car_man HOST
Aug 21, 2008 (3:26 am)
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Replying to: bajapanty350z (Aug 12, 2008 4:17 pm)

You're very welcome, bajapanty350z.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#85 of 88
October lease rates for 2008 350Z ?? by zman16
Oct 05, 2008 (8:22 am)
Reply
Hi Car_Man,
 
I have been reading this forum for years and have gained a lot of useful info. Thank you for all of your hard work!
I have received quotes of 1,000 - 1500 below invoice on a base coupe 6sp. I did not see any incentives on the Nissan website but the low quotes may be due to the fact that I am in Mass and the snow is only a matter of time.
 
Do you have the MF and residual values for October on the 08 base and touring 6sp coupes? 12k/mo 36 and 24 mos
Do you think the incentives will improve in New england if I wait another month or so?
 
Thanks in advance for your help!
#86 of 88
Re: October lease rates for 2008 350Z ?? [zman16] by zman16
Oct 05, 2008 (1:45 pm)
Reply

Replying to: zman16 (Oct 05, 2008 8:22 am)

As a follow up to my post above, I just visited the dealer. 6sp red base z for 24,500 total. He said that nissan was offering 1500 dealer cash on purchases but that it could not be applied to leases. Lease price=2600. Lease price for enthusiast and touring models would be invoice.
 
He would not give me mf or residuals on the z and was really trying to steer me towards a maxima. I am ending a lease on a 06 maxima and he stated that Nissan was offering a 1,000 to previous maxima owners and a reduced mf of 0.00255 instead of 0.00280 for 39mos with a 58% residual.
 
I will be doing more research before making a purchase and look forward to the mf and residual numbers.
 
Thank you very much!
#87 of 88
Re: October lease rates for 2008 350Z ?? [zman16] by Car_man HOST
Oct 09, 2008 (6:14 pm)
Reply

Replying to: zman16 (Oct 05, 2008 8:22 am)

Thanks zman16. Here's the information that you're looking for. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a base 2008 Nissan 350Z Coupe with 12,000 miles per year are .00325 and 55%, respectively. The numbers for an otherwise identical 36 month lease are .00325 and 47%.
 
NMAC's money factor and residual value for a 24 month lease of an '08 Nissan 350Z Coupe Touring with a manual transmission and 12,000 miles per year are .00325 and 60%, respectively. The numbers for an otherwise identical 36 month lease are .00325 and 51%.
 
I've heard that Nissan is providing a $1,500 dealer cash incentive on the '08 350Z Coupe right now. If this is the case, it would be compatible with the above lease program.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#88 of 88
Re: October lease rates for 2008 350Z ?? [Car_man] by zman16
Oct 09, 2008 (7:32 pm)
Reply

Replying to: Car_man (Oct 09, 2008 6:14 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.

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