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Prices Paid: Buying & Leasing Experiences 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
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Replying to: zman16 (Oct 05, 2008 8:22 am) 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
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Replying to: Car_man (Oct 09, 2008 6:14 pm) 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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Replying to: zman16 (Oct 09, 2008 7:32 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Are there problems with purchasing previously leased vehicles? thanks
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Replying to: dan148 (Oct 18, 2008 12:32 pm) 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
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Replying to: mseningen (Oct 19, 2008 7:55 am) 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..
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Replying to: dan148 (Oct 19, 2008 7:03 pm) Mileage May Vary |
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I have not leased a vehicle before, but planning to do so later this new year. So for example, if I am to lease a 2008 Nissan 350Z Enthusiast, what are the current residual values for a 12k miles and 15k miles, 36 months deal? And is money factor set by the manufacturer and the credit rating? Also are the residual and money factors dependent on location, states? Sorry I have a ton of questions as I have no experience in leasing. Thank you in advance!!
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Replying to: Crockerjarmon (Jan 14, 2009 1:22 am) Here is the specific information that you're looking for. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 36 month lease of a 2008 350Z Coupe Enthusiast with 15,000 miles per year are .00325 and 44%, respectively. If you were to lease with only 12,000 miles per year, this car's residual value would be 1% higher. This money factor will be higher if your credit is in really rough shape, but Nissan is much less restrictive about who qualifies for its top credit tier than Honda and Toyota are. This lease program does not vary by region. When negotiating your lease on this car, make sure to take advantage of the cash incentives that are currently available on it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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