Downgraded to a sport tech? Really? I for one do not see the Nismo as being a huge upgrade. But that is subjective. If that's what you did, then good for you.
As for being happy for you, you need to be happy with your decision. I am certain that everyone here is happy for you. The Z is an awesome car.

You will have some very good times with your car no doubt

There is no "arguable" economic decision you could make that I've not done worse.

Emotion getting the best of us is nothing to be ashamed of. Heck, there would be no sports cars except for emotion and a sense of folly.

Man just like everyone else here said it's always better to get yourself a car used. When you buy one brand new you are just losing money and when you buy a car used you can find one that's basically brand new for a much better price. Example here https://www.carfax.com/vehicles/JN1A...z-370z--olathe out of curiosity I checked to see what a used nismo would cost and this has 10k miles at a 32k price tag!!! Your monthly payments wouldn't have been near as bad with that price.

The problem is he walked into the dealership with the mindset that he HAD TO BUY A Z IMMEDIATELY.

With that attitude, you already lost, the dealer is throwing away the lube and smiling as he's about to take you.

When car shopping, you must be prepared to wait and walk away from any car.

This kid already decided he's buying a NEW Z because OMG I NEED It.

We coulda had 100 priests, accountants, lawyers, parents, friends, whatever telling him to wait and think about what he's doing before doing it. Wouldn't have mattered. We're just noise.

Whatever. Can't save everyone.

That right there is where you ****** up.

You posted asking for "advice"

What you really wanted was a bunch of ra-ra, slap you on the shoulder and crap.

You weren't honest with yourself.

Enjoy your payments.

Ignorance is bliss i guess

but when you realize how bad you ****** up, don't turn to drugs or anything, just remember this thread and how we told you so and um . . . learn?

You can do what you want but 84 months on a car payment is a bad idea.

Credit score 757, income same as OP. Less living expenses on east coast VB. Bought at 17k mile 2012 sport at the end of '16 for $21.5 which I think was private party excellent condition at the time & mine certainly qualified as excellent. No imperfections save the beginnings of cracking on my Amuse wing. Came with full amuse kit, ark, nismo Cai, Z1 oil cooler and an uprev tune was told approx 322hp but don't have the paperwork for that part.

Hope this helps give some insight to OP. I put $6k down & financed through a credit union which put my interest at 3%. IDK what the set up is with your payments or if this is common but with Navy Fed, if I overpay by I a full payment it pushes my due date out a month.. so I'm currently sitting at like a $278 payment without another payment due till October and I bet I'm getting a pretty comparable experience to you when it comes to enjoying a small piece of Z history

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We're happy for you to have a Z and I Commend you for your open original post
but we all wanna TP the house of the ******* that burnt you on the finance aspect of it
& wish you had been less impulsive and considered wether or not new or used would've made a lick of difference. Or slammed on the brakes the moment you heard 12% interest. I'd be pissed with that kind of interest rate on a luxury item like a boat..

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12% for 72 months and you want us to be happy for you?

You provide a lot of material for my sig.

You will definitely want to refinance (if you can); otherwise, the APR and your 72-month loan put you well behind when it comes to the value of the car vs. what you owe (interest is front-loaded - like a mortgage). You may want to verify that your insurance company will pay what you owe, not the vehicle's value, if it's totaled. If they only cover the vehicle's value, research "gap insurance."

If your APR and loan remain unchanged (not refinanced), approximately 30% of the total loan will have gone to interest payments. If you financed an extended warranty, sales tax, fees, etc., then this percentage increases.

Include $725 car payment + $X on car insurance + $X on monthly fuel/etc, and that takes a rather large chunk out of your ability to save for a home (or other purposes). There is a term called "house poor." The same thing applies to cars. You are now car poor. The reality is, you are now spending over $1,000 a month on a single vehicle. Said another way, after you deduct taxes from your annual salary (compare apples to apples - your actual take home pay), you are spending upwards of 25% of your annual salary on a car. For a house payment, there is what is known as the "28% rule." Granted, this rule is for "gross income" rather than take-home pay; however, you are nearly exceeding that rule, and for a car.

All good info, but you're talking to a wall. OP is completely incapable of taking sound financial advice, as he will find out in a year or two when he sells this thing at a loss since he's miles underwater. I'd say he got raped on the deal, but you can't rape the willing.

You can't save them all. Some people's entire reason for existing on this planet is to provide cautionary tales for others to learn from.

Back in other news...someone will get a great deal on a Nismo like this: http://www.the370z.com/370z-sale/120...nismo-26k.html