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Lease rates...yikes!

I am currently pricing a lease for a 2013, touring/sport auto no nav. I just s/w a dealer and he quoted me $41k @ $655/m (incl. tax) w/ zero down

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Old 09-27-2012, 01:12 PM   #1 (permalink)
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Default Lease rates...yikes!

I am currently pricing a lease for a 2013, touring/sport auto no nav. I just s/w a dealer and he quoted me $41k @ $655/m (incl. tax) w/ zero down except drive off costs. The dealer said the residual rates are currently very high, which is the reason for the high monthly. If this is an accurate quote, what's the likelihood that these rates will come down in the next couple months?

Thanks for any info!

Last edited by jtk; 09-27-2012 at 04:24 PM.
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Old 09-27-2012, 01:45 PM   #2 (permalink)
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wow...thats bad deal...u can buy a brand new Z for that $$$.
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Old 09-27-2012, 04:28 PM   #3 (permalink)
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high residual rates would mean a lower payment. Nissan had a lease special a few months ago that was pretty good.
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Old 09-27-2012, 05:23 PM   #4 (permalink)
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Thanks. Is there any way to predict future rates, in the sense that they might be seasonal and better in the fall, etc.?
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Old 09-27-2012, 05:33 PM   #5 (permalink)
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It's nearly impossible to find a good lease deal on the Z. You might as well purchase it and trade it in later. They seem to be holding value pretty well.
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Old 09-27-2012, 06:33 PM   #6 (permalink)
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Jan-June or so, base was like 299 or 399? a month I can't remember, but it was damn cheap...
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Old 09-27-2012, 06:42 PM   #7 (permalink)
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Dang.....that is insane. Id buy and trade later...that lease rate is rape
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Old 09-27-2012, 08:11 PM   #8 (permalink)
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There were good leases from March through July, on 12s, to make room for 13s. There won't be good leases until the next time they change the Z. The rate is high (.0025) and the residuals are okay. Nissan does not want to lease a ton of Zs, at a range any kid could afford, let them beat the **** out of the car, and then Nissan takes the hit when the car is returned!
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Old 09-27-2012, 08:41 PM   #9 (permalink)
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I got in on the $299 Z lease special for April, I had to put down 3000$ to pay 350$ a month because i had zero credit. Its the base model though..Still gonna buy it in the end and take a hit on a couple thousand to raise my credit after the 3 years. Also after a year of on time payments with Nissan finance you are eligible for any Nissan even with crappy credit.
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Old 09-27-2012, 09:10 PM   #10 (permalink)
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Thanks for the input! I am relocating to Los Angeles mid-October, and my company will give me a rental for a month or so. Hopefully the rates will change by November or early December! In the meantime, I respectfully request that people stop posting pictures of their new Zs!
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Old 09-27-2012, 11:08 PM   #11 (permalink)
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Quote:
Originally Posted by koeppelnissan View Post
There were good leases from March through July, on 12s, to make room for 13s. There won't be good leases until the next time they change the Z. The rate is high (.0025) and the residuals are okay. Nissan does not want to lease a ton of Zs, at a range any kid could afford, let them beat the **** out of the car, and then Nissan takes the hit when the car is returned!
Makes a lot of sense. This is true for many sports cars among many manufacturers.
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Old 09-27-2012, 11:30 PM   #12 (permalink)
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I made a killing on my '12 purchase in May. A KILLING I tell 'ya.
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Old 09-27-2012, 11:34 PM   #13 (permalink)
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Quote:
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I made a killing on my '12 purchase in May. A KILLING I tell 'ya.
Explain your killer deal
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Old 09-28-2012, 10:23 PM   #14 (permalink)
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Old 09-29-2012, 12:05 AM   #15 (permalink)
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If you lease a vehicle, you will need to get gap insurance.

That lease rate is a bad deal. You could get a Corvette or a BMW 335 for that amount of money

Last edited by lacarnut; 09-29-2012 at 12:08 AM.
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