Negotiating a price for a lease - same as for buying?

Soygen · 12-23-2009, 09:48 PM

Without arguing the merits and/or downfalls of financing vs lease, is the negotiation of price done prior to even saying whether you're going to lease or buy? I've only ever bought a car, but I'm planning on leasing the a 2010 370z come this February. Looking for some advice from those in the car business or with experiencing leasing.

Thanks in advance!

matrix_square · 12-24-2009, 12:14 AM

how many miles are you planning to drive it?
Leases do require down payment as well, or can be factored in your monthly payment.
I leased my Honda s2000, before buying it. Probably not the best thing to do... But my wife ended up liking it too much.

In my opinion this car is not worth leasing. Better to just buy it used with a little miles on it. Or buy the 2009`s that have alot of discounts. Leasing also requires a very high credit score, which if u do its better to finance at 3.99% or atleast 4.89% which is the lowest nissan finance can go. I went with Chase with offered 4.09% for 72 months and slightly lower for 60 months.

Good Luck - but i do not recommend leasing.
Wilson

Soygen · 12-24-2009, 08:10 AM

Thanks for the response, but again, I'm not asking if buying is better than leasing. I'm simply asking if you negotiate the price first, then inform the seller that you intend to lease or if leasing carries it's own "price" for the car.

koeppelnissan · 12-24-2009, 08:37 AM

Quote:

Originally Posted by Soygen

Thanks for the response, but again, I'm not asking if buying is better than leasing. I'm simply asking if you negotiate the price first, then inform the seller that you intend to lease or if leasing carries it's own "price" for the car.

Let them know you are leasing, but also want to see a certain selling price. On some cars we have different incentives available, so i may be able to show a lower price for a finance versus a lease or vice versa.

FuszNissan · 12-24-2009, 10:17 AM

The issue with a lease on a Z is that the money factors are high and the residuals are low,unless you can write it off through business, your better off to purchase at this time.

areyouin729 · 12-24-2009, 08:50 PM

I know it's beating a dead horse but I will NEVER understand why anyone would lease a Z

12-23-2009, 09:48 PM	#1 (permalink)
Soygen Base Member Join Date: Dec 2009 Location: Ft. Lauderdale, FL Posts: 163 Drives: 2017 BMW M2 6MT Rep Power: 15	Negotiating a price for a lease - same as for buying? Without arguing the merits and/or downfalls of financing vs lease, is the negotiation of price done prior to even saying whether you're going to lease or buy? I've only ever bought a car, but I'm planning on leasing the a 2010 370z come this February. Looking for some advice from those in the car business or with experiencing leasing. Thanks in advance!

12-24-2009, 12:14 AM	#2 (permalink)
matrix_square Enthusiast Member Join Date: Dec 2009 Location: Atlanta Posts: 452 Drives: Evo9-S2K-RSX-S-Z370? Rep Power: 15	how many miles are you planning to drive it? Leases do require down payment as well, or can be factored in your monthly payment. I leased my Honda s2000, before buying it. Probably not the best thing to do... But my wife ended up liking it too much. In my opinion this car is not worth leasing. Better to just buy it used with a little miles on it. Or buy the 2009`s that have alot of discounts. Leasing also requires a very high credit score, which if u do its better to finance at 3.99% or atleast 4.89% which is the lowest nissan finance can go. I went with Chase with offered 4.09% for 72 months and slightly lower for 60 months. Good Luck - but i do not recommend leasing. Wilson __________________ 2004 Honda S2000 GPW 2005 Honda S2000 Suzuka Blue 2005 Acura RSX Type-S PWP 2006 Mitsubishi Lancer EVO 9 MR Graphite Gray Nissan 370Z Monterrey Blue Sport/Touring/Nav package

12-24-2009, 10:17 AM	#5 (permalink)
FuszNissan A True Z Fanatic Join Date: May 2009 Location: St. Louis Posts: 14,275 Drives: Pure Sex Rep Power: 542	The issue with a lease on a Z is that the money factors are high and the residuals are low,unless you can write it off through business, your better off to purchase at this time. __________________ Mods: Too Many to list! LouFuszNissan ZDAYZ 2012

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12-24-2009, 08:10 AM	#3 (permalink)
Soygen Base Member Join Date: Dec 2009 Location: Ft. Lauderdale, FL Posts: 163 Drives: 2017 BMW M2 6MT Rep Power: 15	Thanks for the response, but again, I'm not asking if buying is better than leasing. I'm simply asking if you negotiate the price first, then inform the seller that you intend to lease or if leasing carries it's own "price" for the car.

12-24-2009, 08:50 PM	#6 (permalink)
areyouin729 Enthusiast Member Join Date: Nov 2008 Location: Conshohocken Age: 42 Posts: 301 Drives: 2009 370Z Rep Power: 16	I know it's beating a dead horse but I will NEVER understand why anyone would lease a Z