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Nissan 350Z Lease Questions

103 messages,  Last post on Jun 15, 2009 at 5:58 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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#85 of 103
October lease rates for 2008 350Z ?? by zman16
Oct 05, 2008 (8:22 am)
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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 103
Re: October lease rates for 2008 350Z ?? [zman16] by zman16
Oct 05, 2008 (1:45 pm)
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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 103
Re: October lease rates for 2008 350Z ?? [zman16] by Car_man HOST
Oct 09, 2008 (6:14 pm)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#88 of 103
Re: October lease rates for 2008 350Z ?? [Car_man] by zman16
Oct 09, 2008 (7:32 pm)
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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.
#89 of 103
Re: October lease rates for 2008 350Z ?? [zman16] by Car_man HOST
Oct 17, 2008 (4:26 am)
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Replying to: zman16 (Oct 09, 2008 7:32 pm)

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.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#91 of 103
purchasing previously leased vehicles by dan148
Oct 18, 2008 (12:32 pm)
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Are there problems with purchasing previously leased vehicles? thanks
#92 of 103
Re: purchasing previously leased vehicles [dan148] by mseningen
Oct 19, 2008 (7:55 am)
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Replying to: dan148 (Oct 18, 2008 12:32 pm)

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.
 
m
#93 of 103
Re: purchasing previously leased vehicles [mseningen] by dan148
Oct 19, 2008 (7:03 pm)
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Replying to: mseningen (Oct 19, 2008 7:55 am)

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..
#94 of 103
Re: purchasing previously leased vehicles [dan148] by kyfdx HOST
Oct 20, 2008 (4:27 am)
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Replying to: dan148 (Oct 19, 2008 7:03 pm)

Your
Mileage
May
Vary

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