Standard residuals 24m/65% 36m/57% 39m/56% 42m/51% 48m/47% 60m/41%

Enthusiast residuals same as Standard

Performance 24m/62% 36m/55% 39m/54% 42m/49% 48m/45% 60m/40%

Touring 24m/64% 36m/52% 39m/51% 42m/50% 48m/46% 60m/41%

Track 24m/58% 36m/52% 39m/51% 42m/46% 48m/43% 60m/38%

These are all 15K per year and they are offering a 12K and 10K
per year. 12K miles per year will add 1% to the residual for 48M and 2% for 60.
The 10K will add 1% for 36,39,42,48 and 2% for60m

I do not know if they are the same in all regions, but we are in the south central region.

I hope this helps.

 

What is the money factor? Thanks for this info!

 

I sell the cars not the money

They do not give those to us, due to the fact that the money factor can be marked up and if you opt for no security deposit they will add that to the money factor.

sorry

 

whats up with the tracks 24 mo residual????

 

It looks like the base and enthusiast are best deal in residuals? Is that probably because they have less options to devalue than the other models? With those kind of numbers the leases are going to be close to purchase it seems like it wont make sense to lease, I did a quick comparison, no gauranties on my numbers but using 0 down and a purchase price of 30200 for an Enthusiast with all options:

24 mo lease payment=641, residual=19630, payments=15391
36 mo lease payment=541, residual=17214, payments=19506
60 mo loan payment=605, balance @ 24 mo=19730, balance @ 36 mo= 13279.

Just at a quick glance it looks like it would be better to buy the only thing would be if at 2 years you decide that you want out of the car and the car is worth less than 19,000 with the lease you walk away and the loan you take a loss, I would be surprised if the car would be worth less than 19K after 2 years, I hope. Even with the 36 mo lease you are better off buying because although you would pay 2304 more in payments the balance on the loan would be 13279 while the residual would be 17214 resulting in the loan being better by 1658. I have never been a fan of leases I like the feeling that the car is mine even though I have a loan, so it seems that the 36 month lease would be the better option for those looking at monthly budget and not long term and the 24 month lease just doesn't make sense anyway. Just a thought for discusion I might be wrong.

 

The other option is to get a 60 month lease, knowing it will be traded in on a new Z in 5 years. In 5 years, you will walk away from 4x% residual and re-purchase /lease a new one.

It is hard to say what I am going to do. I love leases, but I also love purchasing the vehicle. I will have to see the numbers at the dealership to decide.

Thanks to all for publishing these great numbers!

 

60mo lease? Wow, I don't know about that although your payments would be around 443, that is a long commitment although if you buy the car for cash at the end you would only be spending about 1000 more than 60 mo loan. I just like the better flexibility of having a loan in the event that financial situation changes and you have to get out, the lease would be harder, but you are right if you are sure to keep the car for 5 years and nothing will happen to change that then the 60 mo lease makes sense just don't go over the milage. Just a small disclaimer my numbers are based on the fact that I have a 4.89 loan so if others can't get low interest loans the lease becomes a much better option if you get say 10% because the loan payment would go up about 80 bucks, I think what is making the numbers so close is the low residual values, if they had been around the 60 or 65% like other leases I have seen then the choice would be easier for some because the 36 mo lease payments would be in the 450-500 range. A tough choice specially if you are counting your pennies for monthly budgets.

A much better option to the 60 month lease would be the loans that are structured as leases with a ballon payment at the end which you could pay or walk away from like a lease, this way you get the payments similar to a lease but the flexibility of a loan. My credit union offers that type and actually offer better milage features, I haven't check to see what their percentages are for the ballon payments but I would assume they would be similar to the lease residuals.

 

Here are a couple of links that give you spreadsheets to calculate loans and leases, when you it asks for user name and password just hit cancel it will download anyway:

Lease spreadsheet

Loan spreadsheet

 

Probably expect the track version to get more wear than the others even if it never sees a track in its life.

 

The candle that burns twice as bright, lives half as long.