Guy I need your opinion on a 370z lease!!!

SS66

Ask them to take your car 4 months early and get the hell out of your lease. The stealership wants it now to resale. Spring is here and you have a low mile car to put on the lot.

Buy one at zero percent and get the heck out of the lease. Leasing was good when the used car market was soft. Back then a dealership didn't want the car back and you could get a good buy out price. Now they know the used market is good so they want the cars NOW.

MacLean

On a positive note, when you actually lease your payments will be lower & you can always get a new car every 3-4 years. On the downside you will always have a payment & you can never actually mod the car. Well you could mod the car, but you will just be blowing money by having to sell the mod parts a couple of years later.

I would have to say buy the Nissan considering that they are still offering the 0% interest until 4/30/12. The car is yours and you can put whatever mod parts you want on day one. Unfortunately when you buy the car your payments will be higher, but you actually own the car.

SS66

^^^^ Whuuut?

edub370

your lease pmts are a lot higher than my pmt straight up buying the car. buy buy buy!

plus, if u buy the car and then get a lil money saved up, u can refinance for an even lower pmt instead of paying to re-up a lease. thats what i did. i only ut $1500 down then waited a few months and dropped a large lump sum on the car and refinanced it. lowered my pmts almost $100 a month

just my

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PapoZalsa

I will never lease a car!

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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

Drex

got my last car as a lease, then ended up buying it when the lease was up. never again.

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2011 Nissan 370z | 6MT | Magnetic Black | Sport Package

kenchan

yep, that's one expensive way to buy a car.

mantella87

But at least if you couldn't afford to buy it new to begin with and didn't want a used car, you know exactly how the car was treated during the lease.

kenchan

true...

gofaster87

A lease is great if you want a new car ever few years, dont plan on modding, always want a warranty and dont expect to put a ridiculous amount of miles on the vehicle. If one or more of these dont apply wait to purchase.

jofro6

you got totally r*ped on your lease... i pick my new 2012 up this weekend. Touring 6spd with nav and that stuff and my lease is only 375 a month for nissans 39 month program. That was my second dealer going to, the first one had the same options and was still only at $390 a month. Im putting a little more down, at 2500 but that only covers my taxes and bank/dmv fees and first payment. You can totally get the car leased for under 400, just stand strong.

Chteelers

I'm always amazed at people who only look at monthly payment, and not overall cost.

$32K sport Z, $1k down, 7% tax, lease for 36 mo = $400 / month and you turn the car back in, maybe with lease end fees. So you're out net $15k.

$32K sport Z, $1k down, 7% tax, 0% loan for 60 mo = $550/month and you own a Z worth resale $27 based on current '07 resale prices. So you're out a net $7k.

If you can't afford the monthly payments on a 36 mo loan, you should consider a less expensive ride. If you can't afford the monthly payments on a 60 mo loan, you're living beyond your means. Why pay lease payments that are almost the same as loan payments, and you end up with no car at the end?

Amj2020

If it helps I can let you know what I just negotiated on my lease..
I just leased a 2012 Z touring with sport package sticker was around 42k
negotiated the price of the car to around 39.5k.
Then we began to work on lease prices and it turned out to be
39 months
2500 down
419/month
first month was included in the down payment and ttl was separate.
Im expecting to have kids in the next few years and dont have a garage or else I would have considered financing the car, but I am going to need more room and a bigger ride in 3 years
needless to say I love the car so far.
Hope this helps you figure out more about your negotiations. I would have financed if I knew I would have time to actually use the car after having a newborn:P

kenchan

you can still mod the leased car, just keep the stock parts and put it back to stock before you return. in fact, people like me that buys cars put it back to stock to net higher selling price. and just sell the bits separately.


yah, this is why i hate leases. almost $19K down the drain...such a big waste of money imo but hey, glad it worked out for you.

theboydiddy

Inwardly don't care what I'm spending at the end of it (to certain extent) my happiness is a priority to me. As long as I'm happy I'm good really