Breaking My Lease for a 370z

NiñaBonitaZ

I broke a lease on a 2008 Maxima to buy my 370Z. It was a real good deal though, so I don't regret it.

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Dr. David de la Llata
2014 Solid Red 370Z 7AT, Touring, Sport, Navig

iskandef

What kinda deal was it? Was there a fine?

NiñaBonitaZ

Residual value at the end of 39 months was 16000 dlls. Balance/buyout at time of trade in was 23600 dlls. Dealer gave me 21500 for trade in and knocked off 2000 off sticker price of 370Z. So I got my 370 for about sticker price, which is a hell of a deal considering that most other dealers would only offer me 16000 dlls for the trade in.

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Dr. David de la Llata
2014 Solid Red 370Z 7AT, Touring, Sport, Navig

PapoZalsa

Please PM me more on that!!! Because when you brake a leased you get penalties.

I leased my old lady SUV and is the worse thing I could ever done when getting a new car.


You don't built any equity on a leased vehicle. I have tried to trade-in the SUV on most dealer don't want anything to do with it.

BTW, if that is the case u got a hell of a good deal, but I steal can't put the numbers together.

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2009 370Z MB Base w/Sport Package 6MT
Modshack's Custom Air Intakes /3M Clear Bra/ Illuminated Kick Plates / F. I CBE w/12" resonators / EVO-R Front Lip / Rear Hatch Wing / Tein S-Tech Springs /Ilegal Tint in the Rep. of VA/4x20mm Z1 Spacers/ Vinyl Roof/Liquid Carbon Designs

NiñaBonitaZ

simple.

at the end of the 39 payments, the residual value of the car was going to be 16000 dlls. that means that if I wanted to keep the car after the lease was up, that is how much it would cost me.

In late September, when I bought my Z, the the remaining balance in case I wanted to buy the car at that very moment was 23600 dlls.

So, a way of breaking the lease is to have the dealership/bank/etc send the remaining balance to Nissan Financial.

Like I said, most dealerships were only willing to give me 16000 dlls for my '08 Maxima, which is what my car was going to be valued at after 20 more payments that I owed.

The dealership where I went to gave 21500 dlls for my Maxma. So what they did was send Nissan Financial a check for 23600 dlls. That equals a difference of 2100 dlls.
The dealer discounted 2000 off the sticker price of the Z, and added the 2100 dlls difference mentioned above.

So, I got my Z for 100 dlls or so over the sticker price.

A price I was willing to accept. Don't get me wrong.... the Maxima was beautiful and comfortable, but nowhere near as fun as my Z.

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Dr. David de la Llata
2014 Solid Red 370Z 7AT, Touring, Sport, Navig