Special Financing
 

Has anyone heard of the possibility of special financing for the 2009 Z? I may have found the one I want but am trying to decide if I want to pull the trigger or wait for potential lower APR. Infiniti has 0% on the G37s and even Porsche has low (1.9%) financing right now. All feedback would be greatly appreciated.

won't happen anytime soon, best bet is to go thru your credit union.
the lowest i got from nissan financing was 5.99

There is no subvented rates. I wouldn't expect to see any for a long time. You can try PenFed. Nissan has 4.89% B.O.A. Has 4.2 something

Not gonna happen. I was looking at that too, and if you take that into consideration along with price, you can get top of the line G37 for less than 370Z.

Since the G has been out longer, they do have special financing for 72 month and a lease special. The Z has been on the market for a shorter time and they are selling very, very well. The problem is that the domestic companies have created this Rebate problem and every buyer is used to seeing a car come out brand new and it has special financing and special APR. This is rare for Nissan. They will hold out until the car really needs it. The only true reason for a Rebate is to make the vehilce competitive in it's class. For the Z that is hard to justifiy.

Thank You
 

Thank you for all the feedback!

While I was shopping, the dealership I ended up selecting offered me 3.99% for up to 63 months (I selected 60...) on the Z. The bank was actually the credit union I have been using for the past 10 years so it was easy for me to agree to do business with them. The funny part was that when I talked with a guy at the bank the next time I was in there, he had no idea the credit union was running that sort of special.

So, I guess while you're not likely to find anything like 0% for 60 months anytime in the near future, there are some decent deals to be found for a 'specialty car'.

the 3.99 was thru penfed?

I bet you that was an accident. I am a member of credit union and they are not that genrous. If you have a good credit Nissan will match or do better than credit union. Actually it depends on if you bought an 08 350Z. Lots of places offer deals on that one after 370Z came out.

^^Nissan's lowest rate is 4.89% They will not match or beat 3.99%

True. I am questioning if the credit union really offered 3.99%. Best rate at my credit union is 4.74%. It's not worth the trouble of going through them. I would still take 4.89% the easy way then 4.74% the hard way.

Ah..sorry,misunderstood your post. Yes PenFed is doing 3.99%

Best rate my FCU would offer was 4.75%. Allowed the dealer to finance through the same lender and got 3.99%.

GTE Federal Credit Union is doing 4.25% for 72 months. This is the option I went with. Includes a.25 deduction for auto payment from checking account.

Paid 35,800
5,800 down

financed 30k
for around 470$ a month

nice rate, lowest i got from CU was 4.98% for 72

I managed to get the car for invoice at 3.7% through BOA. Sweet deal if you ask me!

heres one from US Bank:

U.S. Bank makes it easy to finance your new or used car or light truck.

And, for a limited time we are offering these great rates and terms:

* 3.99% APR1 for 12 - 36 months
* 4.99% APR1 for 37 - 48 months
* 5.90% APR1 for 49 - 60 months

Auto Loans from U.S. Bank for new and used vehicles

can you provide a linkto that deal?

I don't have a link to anything, it was done at the dealership by the finance manager.

got penfed approved 3.99 for 60 months. they mailed my check in exactly 1 business day. doesn't get any easier than that.

No, it was no accident...I went through Citadel FCU (which Im a member of anyhow...) and that was the no haggle APR I was qualified for. Granted, you need to have excellent credit to get it, but it wasn't an issue to get it lined up. And this was on a new 370Z, not the 350Z.... I was pretty happy to get it :)

Sorry I didn't check the interest rates recently. I bought mine in early April. Interest has since plumethed on a lot of things. I also have excellent credit and NMAC was willing to finance GT-R. I wasn't of course.

Yeah, I'd totally agree that the interest rate I had was a product of just good timing. When the Z was first introduced/released, it was just a pipe dream for me to be able to make it happen, but I checked it out anyhow. The best interest rate out there I could find was going to be between 6 and 8% which I thought was just plane rough....

So, when there was a 'financing break' with my credit union a few months ago (not sure if it were new or if it were in the middle of the 'special'), it made it really hard to not chase a dream and get the Z