I have been looking at getting a Z for a while but I am very confused. I wanted a base at first, but then decided to get the enthusiast for the upgrades it has at a minimal weight gain and a minimal price increase. However I don't know if I want a convertible or a coupe.

I am going to be leasing this car, and through research I have found that the residual values on the roadsters are way higher than the coupes. So, that means I could lease an enthusiast coupe or convertible and the price would be relatively close.

So, what is the best price I could hope to get an '06 enthusiast convertible for. I think that invoice is right around $32k. What is the best possible OTD price I could hope for? I know that the enthusiast coupes have been selling for ~$30k OTD.

Thanks for all of your help guys. Ha, I don't even know what color I want. I know that is also subjective but it wouldn't hurt to get some suggestions.

I like the Magnetic Black, Redline, and Silverstone.

Thanks again,
Kyle

 

No info guys?

 

I would figure you could get OTD at: invoice price+tax+financing fees+delivery. Try to negotiate off of invoice price.

 

Unless you have a personal tax situation where leasing is an advantage, I recommend buying.

 

In the past I have financed all of my cars. I am choosing the lease route this time because after weighing the benefits of both option I feel leasing is better. This is extremely debatable so I'd rather not turn this into a debate.

I appreciate all of your help. So say invoice is $33k would $35k OTD be a good deal? Thanks.

Kyle

 

yes, 35k would be good.

 

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No debate from me: the choice is yours. Unfortunately I have little knowledge about leasing. Take a look at a least question a couple of posts down. One of our members replied with a long and detailed answer. Perhaps you can PM that member. Best wishes.

 

First, decide what type of car you want lease (coupe or convert.) add all the options you want and get that price. Use edmunds or kbb services to find invoice and msrp numbers.
If you decide to lease, find money factor/residual value (%). Lease are base in those number high residual and low money factor you will get the best deal, but does not mean you don't want to negociate the price. Use the following formula to get your base lease payment:

(Capitalized Cost – Residual Value) / Term = Monthly Depreciation
(Capitalized Cost + Residual Value) X Money Factor = Monthly Interest
Monthly Depreciation + Monthly Interest = Base Monthly Payment

Cap Cost = best price you can get from the dealer
Residual = MSRP x Residual % (from table below)

2006 Nissan 350Z 2dr Coupe Enthusiast

24 mo/15k mi - 59% residual – Money Factor .00265 Base Rate
36 mo/15k mi - 49% residual – Money Factor .00265 Base Rate
48 mo/15k mi - 40% residual – Money Factor .00265 Base Rate

24 mo/12k mi - 60% residual – Money Factor .00265 Base Rate
36 mo/12k mi - 50% residual – Money Factor .00265 Base Rate
48 mo/12k mi - 42% residual – Money Factor .00265 Base Rate


2006 Nissan 350Z 2dr Convertible Enthusiast

24 mo/15k mi - 64% residual – Money Factor .00265 Base Rate
36 mo/15k mi - 54% residual – Money Factor .00265 Base Rate
48 mo/15k mi - 44% residual – Money Factor .00265 Base Rate

24 mo/12k mi - 65% residual – Money Factor .00265 Base Rate
36 mo/12k mi - 55% residual – Money Factor .00265 Base Rate
48 mo/12k mi - 46% residual – Money Factor .00265 Base Rate

If you see in a convert residual are higher in 12K/15K a year lease than coupe while money factor is the same.
Just remember get the best price below MSRP (close to invoice if possible) that will be your cap cost.
Try to put no money down at all, yes will reduce your payment but if something happens to the car and it is destroy...you will lose that money.

Good luck.

 

Thanks for that useful information. Does anyone know what people have been picking up 06 Enthusiast Roadsters for? I've seen info on what people have been getting on the coupes but not the roadsters.

Thanks,
Kyle