Looking to lease in SoCal

stryker2 · 02-23-2009, 07:30 PM

Hello, all. I searched for leasing related threads, and so far there's not a lot of info in them. I realize it's a brand new model and that some of what I'm looking for may be unknown at this point.

Has anyone in LA/OC/SGV/etc... leased this car, and if so, would you mind sharing the details? I understand leasing and am not trying to instigate another "buy vs. lease" debate. I'm pretty sure that I will be ready for another vehicle in 3 years or so, and can remain within a 15K/year mileage limit. I don't want to put any money down, and my credit is 780+. What I'm looking for are the following:

Capitalized Cost: Around invoice, give or take a few hundred $.

Money Factor: At least equivalent to current loan rates (interest rate/2400).

Residual: It's a new model, but I've heard around 56-57% after 3 years/15K mi. per year is to be expected.

Mileage Charges: Not more than $.20 per mi. over limit

Dealer: Anyone with positive leasing experiences at a SoCal Nissan dealer? By that I mean you received a good deal on the lease by the above standards; were not made to pay excessive fees at the start (beyond standard Nissan $575 acquisition fee and doc fees); and that you were treated fairly at turn-in time (not nickel and dimed with questionable damage charges).

This car is on LeaseCompare, which is apparently a reputable site, but they don't show the residual and their money factor seems on the high side, .00301.

Thanks to any and all for info. And if I'm inadvertently violating some forum protocol, mea culpa in advance.

stryker2 · 02-23-2009, 08:46 PM

OK, how about anyone, anywhere in the USA who's leased or is considering leasing. Also open to any info about the specific pros and cons of leasing a 370z. Anyone?

dad · 02-23-2009, 09:06 PM

I can't find any other info., on leasing.

Lease Offer Help

stryker2 · 02-23-2009, 09:16 PM

Thanks for the above. I may just have to be patient, I sense there's not a lot of info out there since it's so new, esp. to do with residual values. I'm not even sure if Nissan has an official lease program for this car yet.

stryker2 · 02-24-2009, 12:14 AM

02-23-2009, 07:30 PM	#1 (permalink)
stryker2 Base Member Join Date: Feb 2009 Location: SoCal Posts: 6 Drives: No Z yet Rep Power: 16	Looking to lease in SoCal Hello, all. I searched for leasing related threads, and so far there's not a lot of info in them. I realize it's a brand new model and that some of what I'm looking for may be unknown at this point. Has anyone in LA/OC/SGV/etc... leased this car, and if so, would you mind sharing the details? I understand leasing and am not trying to instigate another "buy vs. lease" debate. I'm pretty sure that I will be ready for another vehicle in 3 years or so, and can remain within a 15K/year mileage limit. I don't want to put any money down, and my credit is 780+. What I'm looking for are the following: Capitalized Cost: Around invoice, give or take a few hundred $. Money Factor: At least equivalent to current loan rates (interest rate/2400). Residual: It's a new model, but I've heard around 56-57% after 3 years/15K mi. per year is to be expected. Mileage Charges: Not more than $.20 per mi. over limit Dealer: Anyone with positive leasing experiences at a SoCal Nissan dealer? By that I mean you received a good deal on the lease by the above standards; were not made to pay excessive fees at the start (beyond standard Nissan $575 acquisition fee and doc fees); and that you were treated fairly at turn-in time (not nickel and dimed with questionable damage charges). This car is on LeaseCompare, which is apparently a reputable site, but they don't show the residual and their money factor seems on the high side, .00301. Thanks to any and all for info. And if I'm inadvertently violating some forum protocol, mea culpa in advance.

02-23-2009, 09:06 PM	#3 (permalink)
dad Grand Prix of Endurance Join Date: Nov 2008 Location: Tennessee Posts: 3,476 Drives: Mulsanne Straight Rep Power: 25	I can't find any other info., on leasing. Lease Offer Help __________________ We can do without any article of luxury we have never had; but once obtained, it is not in human nature to surrender it voluntary.

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02-23-2009, 08:46 PM	#2 (permalink)
stryker2 Base Member Join Date: Feb 2009 Location: SoCal Posts: 6 Drives: No Z yet Rep Power: 16	OK, how about anyone, anywhere in the USA who's leased or is considering leasing. Also open to any info about the specific pros and cons of leasing a 370z. Anyone?

02-23-2009, 09:16 PM	#4 (permalink)
stryker2 Base Member Join Date: Feb 2009 Location: SoCal Posts: 6 Drives: No Z yet Rep Power: 16	Thanks for the above. I may just have to be patient, I sense there's not a lot of info out there since it's so new, esp. to do with residual values. I'm not even sure if Nissan has an official lease program for this car yet.

02-24-2009, 12:14 AM	#5 (permalink)
stryker2 Base Member Join Date: Feb 2009 Location: SoCal Posts: 6 Drives: No Z yet Rep Power: 16	A little research got me answers to a couple of my questions. Unfortunately, they ain't pretty. The money factor is esp. shocking: 2009 Nissan 370Z 24-month \| 15k miles \| residual 66% \| .00335 base money factor 36-month \| 15k miles \| residual 57% \| .00335 base money factor 2009 Nissan 370Z Touring 24-month \| 15k miles \| residual 63% \| .00335 base money factor 36-month \| 15k miles \| residual 55% \| .00335 base money factor I found this info here: RIDE with G Great site.