Nissan 370Z Forum  

Can anybody help me become a 370z owner?

this lease deal is not that great. it's deceiving because the payments are relatively low (even lower in Minnesota, only $299), but the down payment for it is ridiculously high.

Go Back   Nissan 370Z Forum > Nissan 370Z General Area > Nissan 370Z Pricing / Ordering Discussions


Reply
 
LinkBack Thread Tools Display Modes
Old 03-18-2012, 09:43 PM   #1 (permalink)
Base Member
 
Join Date: Jan 2012
Location: Minneapolis
Posts: 16
Drives: 07 gti, 92 300zxtt
Rep Power: 15
scsuh is on a distinguished road
Default

this lease deal is not that great. it's deceiving because the payments are relatively low (even lower in Minnesota, only $299), but the down payment for it is ridiculously high. like someone else mentioned above, you'll be paying well over msrp for this thing if you decide to purchase this car after your lease is through. unless you can strike a deal where the down payment is much less (as close to $0 possible), i would steer clear of this deal. you're better of purchasing the car with the 0% apr, especially if you can afford to make payments
scsuh is offline   Reply With Quote
Old 03-19-2012, 12:57 AM   #2 (permalink)
A True Z Fanatic
 
LakeShow's Avatar
 
Join Date: Dec 2010
Location: L.I., NY
Posts: 5,307
Drives: Everything
Rep Power: 27
LakeShow is a splendid one to beholdLakeShow is a splendid one to beholdLakeShow is a splendid one to beholdLakeShow is a splendid one to beholdLakeShow is a splendid one to beholdLakeShow is a splendid one to beholdLakeShow is a splendid one to beholdLakeShow is a splendid one to behold
Default

I'm sorry but the Z is just not a car you lease. Even though they are throwing those bogus 299$ and 399$ payments it will never truly be that unless you put a stupid down payment. If it were that much everyone would have a Z but the Z is an extremely exclusive and rare car you don't really see on the roads or maybe 1 or 2 or none in dealer inventory. Anyways point is it just doesn't make sense at the end of the day. If you want to lease for around that payment, that's why they make the G37 which isn't even half the car the Z is(don't want to go further into that). If you have the money go ahead and lease it, financially financing the car with the current 0% is the best bang for your buck. Anyways you will want to keep the Z after even if you lease cause its so amazing .
__________________
|2013 Audi S4|Ibis White/Black|S-Tronic P+|
|2013 370z|PearlWhite/Persimmon|Touring/Sport/Nav|F.I. CBE 18" CF|
|Sold|2011 370z|Gun Metallic|Touring/Sport/Nav|
LakeShow is offline   Reply With Quote
Old 03-19-2012, 05:34 AM   #3 (permalink)
Base Member
 
Join Date: Mar 2010
Location: Kentucky
Posts: 106
Drives: 40th, '02 IS300
Rep Power: 17
Captainstevo is on a distinguished road
Default

Especially with sports cars, leasing is usually going to be more expensive than buying. When you lease, you're essentially paying for the depreciation of the car, and sports cars tend to depreciate must faster than other cars such as SUVs or sedans. Not saying it never makes sense though. If you're one of those people that gets a new car every few years, leasing can potentially make more sense. Leasing can be tricky and it's easier for dealerships to screw you because most people don't understand what all goes into calculating the payment of a lease. There are some good lease calculators on the internet -- here is one that looks pretty good. I think it even compares leasing vs buying based on your inputs...

Auto Lease Calculator at Edmunds.com

Btw I am a financial analyst, and I have leased in the past, so hopefully that gives me at least a little credibility.

good luck!

Last edited by Captainstevo; 03-19-2012 at 05:41 AM. Reason: Forgot to add something didnt want to use another post
Captainstevo is offline   Reply With Quote
Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
New 370Z owner; veteran Z owner. alb84z31t New Forum Member 6 04-09-2011 03:43 PM
NEW 370z owner. Lacoste Introduction 4 09-24-2010 11:28 PM
Current 350z owner, looking to become a 370z owner craniac24 New Forum Member 5 03-28-2010 01:12 PM
soon to be 370z owner 4r3s New Forum Member 1 12-18-2009 04:08 PM
New Member Checking In. G37S owner and Possible Future 370Z Owner Gamedog New Forum Member 3 04-03-2009 04:50 AM


All times are GMT -5. The time now is 11:17 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.0 PL2