are leasing offered for 370Z?

navcom46 · 01-12-2009, 08:27 PM

I don't mind at all!!I agreed to pay MSRP which was $35470, I put $5000 out of pocket and my payment will be $604 a month which includes everything (tax, lic & reg fee) for 36 months, residual value in 3 years will be $20572, I hope that helps!

jehamilton_98 · 01-13-2009, 12:32 AM

Quote:

Originally Posted by navcom46

I don't mind at all!!I agreed to pay MSRP which was $35470, I put $5000 out of pocket and my payment will be $604 a month which includes everything (tax, lic & reg fee) for 36 months, residual value in 3 years will be $20572, I hope that helps!

Sounds pretty good CONGRATS!!!! I got a black, base model with the sports package and the MSRP is $33,960. I paid the taxes which were $1,450 and the first months payment which is $486.42 for 48mo and 12K miles a year. I LOVE THE CAR!!!!! I have walked to the garage at least 5 times tonight just to look at it!!!

The only complaint that I have is that the clutch is WAY to soft. It's hard to feel but other than that, it is WAY better than my 350 in every way. I hope you get as much enjoyment out of your car as I have mine so far and again... CONGRATS!!!!!!!!

Zlips · 01-13-2009, 07:44 AM

Quote:

Originally Posted by navcom46

I don't mind at all!!I agreed to pay MSRP which was $35470, I put $5000 out of pocket and my payment will be $604 a month which includes everything (tax, lic & reg fee) for 36 months, residual value in 3 years will be $20572, I hope that helps!

$604 a month sounds pretty high when you put $5,000 cap cost reduction down. The residual is 58% which is not bad. Did you rollover any other costs from a trade in? I am not sure of your taxes so I used a standard 6% which puts the money factor at well over 12% which is very very high...If that's the case I may not be leasing this car after all.

4MYZ370 · 01-15-2009, 05:42 PM

Quote:

Originally Posted by navcom46

I don't mind at all!!I agreed to pay MSRP which was $35470, I put $5000 out of pocket and my payment will be $604 a month which includes everything (tax, lic & reg fee) for 36 months, residual value in 3 years will be $20572, I hope that helps!

Nissan leased me a 08 Altima MSRP $20,878 24 months $200 + 17 tax ( ends 2/1/2010 )

Using that (HA HA) the 370Z at $41,756 24 months Sould be $400 +34 tax
434X 24 = $10,416 (get new Z every 24 months) Thats $5,208 per year

------------------------------------

navcom46 · 01-14-2009, 12:04 PM

Cap reduction was $3700, unfortunately residual value on the Z is 53%, not 58%, and my state taxes are at 8.25% rate!! The money factor was high, I think it was .00318.

Zlips · 01-14-2009, 01:36 PM

Quote:

Originally Posted by navcom46

Cap reduction was $3700, unfortunately residual value on the Z is 53%, not 58%, and my state taxes are at 8.25% rate!! The money factor was high, I think it was .00318.

How are you calculating a 53% residual? I used the MSRP you listed of $35,000 and change multiplied by 58% gave me the $20,500 figure. 53% is absolutely awful if that is the actual residual after three years. I guess your higher tax rate does make up for a good portion of it though. O'well I will have to check it out for myself once the dealers in Orlando actually have a car in stock.

ssqpolo · 01-14-2009, 12:08 PM

yes they do lease...I am leasing mine for 36 months/15000 miles per yaer

navcom46 · 01-15-2009, 12:33 PM

The 53% figure was actually given to me by a Nissan sales manager, because I asked him a direct question, but when I looked at the leasing papers, it just does not make sense! so what I think is going on, is, they joggle the residual value v/s money factor to drop the monthly payment to make a sale! since their original lease offer (with the same MSRP) was $639, and I said that it was too high! so they dropped it to $604.
I hope that makes sense!

navcom46 · 01-16-2009, 12:18 AM

If you can get a 2009 370z for $5208/year for two years, I salute you!! I have my doubts about that, but good luck anyway!!!

Zlips · 01-16-2009, 01:40 PM

You can't compare the two different cars, altima to Z, because the manufacturers run special incentives if they need to move a car. They know the Z is new and in higher demand so they just jack the money factor up in order to make more money off the car.

zelerious · 01-16-2009, 02:27 PM

Can somebody please edit the title of this thread, it makes me a little angry inside whenever I read it!

4MYZ370 · 01-16-2009, 05:26 PM

Quote:

Originally Posted by Zlips

You can't compare the two different cars, altima to Z, because the manufacturers run special incentives if they need to move a car. They know the Z is new and in higher demand so they just jack the money factor up in order to make more money off the car.

Did you notice The HA HA

I went to the dealer today

24month at 66% msrp =w/tax $985 = $23,640 less 8.5% = $21,630

24 mo. to buy w/ VPP $38,075 (MSRP $41,840) w/ $5,000 down - $1,451 payments (Z value =66% off leaves $15,000 Div. by 24 = $625 per month in your pocket ($1451 - $985 = $466 mo.) opps $159 compaired to lease.

36 moonths at Didn;t give = w/tax $650 = $23,400 less 8.5% = $21,411

36 mo. to buy w/ VPP payments are $996

.

Jasonviper · 01-16-2009, 09:06 PM

Can anyone confirm if the residual value is 66% for 24 month lease? and will the MF be .00318??

Zlips · 01-21-2009, 07:41 AM

I missed the Ha Ha, my bad, but yeah the initial numbers for a lease on this car does not look promising.

Quote:

Originally Posted by 4MYZ370

Did you notice The HA HA

I went to the dealer today

24month at 66% msrp =w/tax $985 = $23,640 less 8.5% = $21,630

24 mo. to buy w/ VPP $38,075 (MSRP $41,840) w/ $5,000 down - $1,451 payments (Z value =66% off leaves $15,000 Div. by 24 = $625 per month in your pocket ($1451 - $985 = $466 mo.) opps $159 compaired to lease.

36 moonths at Didn;t give = w/tax $650 = $23,400 less 8.5% = $21,411

36 mo. to buy w/ VPP payments are $996

.

sirploppy · 01-21-2009, 03:39 PM

Those number do seem a bit high.

Leasecompare.com always has good money factors and residuals:

2009 Nissan 370Z Touring Manual Auto Lease and Car Loan Offers

No, I don't work for them...

01-12-2009, 08:27 PM	#1 (permalink)
navcom46 Base Member Join Date: Nov 2008 Location: SoCal Posts: 18 Drives: 370Z touring 6MT Rep Power: 18	I don't mind at all!!I agreed to pay MSRP which was $35470, I put $5000 out of pocket and my payment will be $604 a month which includes everything (tax, lic & reg fee) for 36 months, residual value in 3 years will be $20572, I hope that helps! __________________ 2004 Redline 6MT (sold) 2004 Daytona Blue AT (totaled) 2009 Platinum Graphite 6MT+ black leather

01-14-2009, 12:04 PM	#5 (permalink)
navcom46 Base Member Join Date: Nov 2008 Location: SoCal Posts: 18 Drives: 370Z touring 6MT Rep Power: 18	Cap reduction was $3700, unfortunately residual value on the Z is 53%, not 58%, and my state taxes are at 8.25% rate!! The money factor was high, I think it was .00318. __________________ 2004 Redline 6MT (sold) 2004 Daytona Blue AT (totaled) 2009 Platinum Graphite 6MT+ black leather

01-15-2009, 12:33 PM	#8 (permalink)
navcom46 Base Member Join Date: Nov 2008 Location: SoCal Posts: 18 Drives: 370Z touring 6MT Rep Power: 18	The 53% figure was actually given to me by a Nissan sales manager, because I asked him a direct question, but when I looked at the leasing papers, it just does not make sense! so what I think is going on, is, they joggle the residual value v/s money factor to drop the monthly payment to make a sale! since their original lease offer (with the same MSRP) was $639, and I said that it was too high! so they dropped it to $604. I hope that makes sense! __________________ 2004 Redline 6MT (sold) 2004 Daytona Blue AT (totaled) 2009 Platinum Graphite 6MT+ black leather

01-16-2009, 12:18 AM	#9 (permalink)
navcom46 Base Member Join Date: Nov 2008 Location: SoCal Posts: 18 Drives: 370Z touring 6MT Rep Power: 18	If you can get a 2009 370z for $5208/year for two years, I salute you!! I have my doubts about that, but good luck anyway!!! __________________ 2004 Redline 6MT (sold) 2004 Daytona Blue AT (totaled) 2009 Platinum Graphite 6MT+ black leather

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01-14-2009, 12:08 PM	#7 (permalink)
ssqpolo Track Member Join Date: Jan 2009 Location: Florida Posts: 882 Drives: '12 Black Nismo Rep Power: 269	yes they do lease...I am leasing mine for 36 months/15000 miles per yaer

01-16-2009, 01:40 PM	#10 (permalink)
Zlips Base Member Join Date: Jan 2009 Location: Orlando Posts: 80 Drives: 2012 370z MB Rep Power: 18	You can't compare the two different cars, altima to Z, because the manufacturers run special incentives if they need to move a car. They know the Z is new and in higher demand so they just jack the money factor up in order to make more money off the car.

01-16-2009, 02:27 PM	#11 (permalink)
zelerious Base Member Join Date: Jan 2009 Location: Albany, NY Posts: 21 Drives: 03 350Z Touring-sold Rep Power: 18	Can somebody please edit the title of this thread, it makes me a little angry inside whenever I read it!

01-16-2009, 09:06 PM	#13 (permalink)
Jasonviper Base Member Join Date: Jan 2009 Location: San Antonio Posts: 15 Drives: G37 Rep Power: 18	Can anyone confirm if the residual value is 66% for 24 month lease? and will the MF be .00318??

01-21-2009, 03:39 PM	#15 (permalink)
sirploppy Base Member Join Date: Dec 2008 Location: Korova Milk Bar Posts: 25 Drives: 06 S2000, 08 E90 M3 Rep Power: 18	Those number do seem a bit high. Leasecompare.com always has good money factors and residuals: 2009 Nissan 370Z Touring Manual Auto Lease and Car Loan Offers No, I don't work for them...