Working out a lease deal...

ratlhead

Hi all,

New to the forum, and hope to be a permanent member

Been spending alot of time at a local dealership, as I'm looking to lease a Z for the next 3 years. I know I'll be going through some life changes by the end of that time (marriage, kids...you know the deal), so it's not practical for me to purchase for long term (which is why the fiance is also cool with this haha).

That said, I managed to find a 2012 Metallic Gun 370Z Touring Coupe tonight, loaded with the Sports/Nav packages and just about every option. Sticker price was $43k.

I haven't got all the details yet on paper, but I'm looking at trading in my '04 Eclipse GTS at $5000 appraisal (which I'm ok with, it's old), and $1000 cash, for $455/mo. lease payment. While my credit isn't perfect, I'm thinking I should still try to get them to take off that cash component. With the trade in and cash, it's basically $621 mo, and this seems way too high. I'm not sure of the gross cap cost, residual cost or money factor at this point, and I need to get those.

That said, been reading about 2013's, and wondering if this lease deal is solid or I can work it better. I *think* it might be ok without the cash component, considering it started at $589/mo with $3k in cash. I think I need to act sooner than later, considering it's exactly what I want and few of these are left.

Thoughts?

-Mike