So I love *my* 2003 350z. I've modded it, but nothing that can't be undone. But Nissan dealers seem to be buying back 350zs no matter what is done to them it seems.

What to do? Get in to another one? Or buy my lease and enjoy smaller payments for another 3 yrs? And of course keeping *my* car.

P.S. I had a sh-t credit rating when I got my Z. Now I don't, it's fair to good.

 

what mods have you done? out of curosity?

 

Don't sell it ot the dealer. Sell it to a private party.

Check www.kbb.com and compare "trade in", "Retail" and "Private party" values.

Dealers make about $5k on used Z's.

 

Does that mean that you can buy the car for $16,000?

 

I can't sell to a private party as I do not own it. It's a lease. Yes, at the end of my 4 year lease(1.5 yrs to go) I have the option to buy it for 16k plus some small fees.

My mods are in my sig...which I put on this post.

 

Financially speaking, leasing is great IFF you normally trade cars every few years AND you give the car back at the end. BUT, if you buy the car at the end, leasing+buying becomes horribly expensive. On top of that, you have to pay sales tax all over again (I got burned that way in the past). IMO, buying and building equity has advantages. At the end of the loan, you have some trade-in value.

 

Yes I agree. But at the time the only way I could afford to get in to a Z was to lease. I was impatient and really, really wanted one. So I am already commited to paying way over for my Z.

That being said if I turn it in only to BUY another one, I end up paying more in the end. Another 33k-45k for a new or even used Z. Whereas I can keep what I have and only pay 16k plus tax and fees. It will come to around 18k

 

i believe you have your answer then.

 

 

First off you couldnt have had **** credit if you got a lease to begin with. Next if you modded the Z how much do you have vested and how many miles on the 2003 are there. If its under 30k just get an extended warranty and call it a day. (dont get the warranty from nissan) goto like AAA or the bank

 

I had a score of 576 when Nissan issued the loan!

I've spent about $3500 in all my mods, installed.

 

I didn't know you can mod a leased car. Someone care to explain?

 

Lease the car, drive it off the lot, ad mods, save stock parts to be changed back when you turn the car in. That's about it.

 

can only mod a leased car cause they wont know about it!!! lol
you can do whatever you want it you plan on taking it stock or buying it out after the end of the lease then by all means mod away... i think there is a catch say you do FI and blow engine and youll have to pay for a new engine before its turned in... but thats a DUH anyway...

 

I'm pretty sure you can sell your lease. You would just have to pay your residual + whatever payments you owe on the lease.

As for modding a lease, mod away, just keep in mind that you need to return the car to stock at turn in. That said, I turned in my previous lease with tinted windows, upgraded software, pulleys and SSK with no problems.

During my lease, I had aftermarket wheels, exhaust, intake, coilovers and some other small aesthetic mods.

 

keep the car... the cost of modding a new car will offset your losses....

assuming that your car has been running fine and all that...