370z Depreciation Rate

BlackBullet · 03-12-2009, 01:09 AM

Quote:

Originally Posted by bkunzi01

The residual value of the 370 is around 53% after 3 years thus making it in most cases a bad lease option.

eh...I not sure if that makes sense. How is it bad lease option if you end up paying less than depreciation?

Robert_Nash · 03-12-2009, 09:33 AM

You never pay less than depreciation on a lease (unless the lease company is staffed by idiots); in fact you'll pay more.

The only way a leasing company can make money is to at least cover the depreciation they experience (between what they pay for the vehicle less what they eventually sell it for) plus the interest rate they charge...those that don't do both at least the majority of the time don't stay in business very long.

zsport1 · 03-12-2009, 01:03 PM

I don't buy a Z and worry about how fast it will depreciate. If you like it, buy it, and drive the hell out of it!

03-12-2009, 09:33 AM	#2 (permalink)
Robert_Nash Track Member Join Date: Jan 2009 Location: Middle TN/Savannah GA Posts: 762 Drives: '14 Q60IPL/'14Armada Rep Power: 18	You never pay less than depreciation on a lease (unless the lease company is staffed by idiots); in fact you'll pay more. The only way a leasing company can make money is to at least cover the depreciation they experience (between what they pay for the vehicle less what they eventually sell it for) plus the interest rate they charge...those that don't do both at least the majority of the time don't stay in business very long. __________________ Robert -My Basset Hound Is Smarter Than Your Honor Student and Barack Obama - Last edited by Robert_Nash; 03-12-2009 at 01:09 PM.

03-12-2009, 01:03 PM	#3 (permalink)
zsport1 Base Member Join Date: Nov 2008 Location: TEXAS Posts: 224 Drives: 300 Rep Power: 17	I don't buy a Z and worry about how fast it will depreciate. If you like it, buy it, and drive the hell out of it!