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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
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Replying to: Car_man (Oct 09, 2008 5:14 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 6:32 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 11:32 am) 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 6:55 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 6:03 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 12:22 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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hello I've been monitoring the 08 350Z situation for the last couple months and have a couple questions. I've negotiated a buy price of 21,400 for a base 350Z 6MT at my local dealer (durham NC), but they refused to honor that price for a lease when I brought it up. I went into the dealer armed with the info from this site (thanks a bunch for that) 12k mi a year, 45% residual based on 28,5 MSRP, MF of .00325. The lease would be very attractive at 21,4 which is what I was prepared to close the deal with, but they would only discount the car to 25000 claiming that they can't apply the rebates and dealer cash to a lease... just a regular finance. is this true or are the trying to get more money out of financing it through the dealer? My next move is to call any dealers with remaining 6MT 08 coupes and ask this same question, but knowing if the incentives can or cannot be applied to a lease would help a ton. If I'm not mistaken there is a $2500 customer cash rebate and $2500 manuf. to dealer rebate available. I am also currently leasing a pathfinder, so there's another $500 loyalty cash available as well. I don't really want to consider buying because I don't want to own a Z for more than 3 years and leasing would be more cost effective. Thanks for your help! Adam |
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