I want to lease a brand new 350z for 3 years, but I don't know how much is it gonna be monthly. I have a excellent credit. I cant pay down payment. the website says 2008 350Z MT with Splash and Mats Lease 36 Months - $369/Month - $2,999 initial payment. I don't know if their telling me the truth.
How much you guys pay monthly for your z. Help me please. Thanks

 

www.bankrate.com or any one of many other sites will give you the correct information. there are many factors that go into a lease payment besides just credit and the type of car.

 

Purchase/finance... I would never lease.

 

i went in to lease one yesterday, just to see what it would be.....they tried to screw me at 500 a month with 1500 down, but im 19.....so i just laughed at the guy and left....so im gunna call today and ask if they would do it for 400 and 0 down, see what they say

I plan on buying outta the lease once i make some real money, i just want a lower payment then my car now which is 425, so i would love a new Z for 400 hah

 

they tried to screw you? That's a $35,000 car you're trying to lease. Lease a Civic if you want a lower payment.

 

As your friendly resident Nissan ISM, let me save you the time: NO

To the OP, I do not agree with the way Nissan presents its lease specials. By the time you add tax, license and tax on cap cost reduction, you wind up being closer to $3600 down and $400/month to replicate the lease special scenario. There are plenty of dealers that will do these deals, hopefully that puts you a step ahead on reading the fine print.

 

first off, its a base so thats a 30,000 dollar car....and paying 500 a month +tax which is 35 dollars, is paying 535 for 39 months

39x535+1500=22365 for a lease on a 30k car, but your right...thats fair??

and I can afford a Z, but i dont want to be in a bind, I can do the 535, but I dont want to....I will probably just go with a used Z w low miles

 

in my opinion that is by far the better option.

I bought my 04.5 Z in late 2005 with only 1500 miles on it for $9000 less than the original purchase price. It had never been driven in rain or snow and there was still plastic down in the trunk area.

 

Are you leasing or buying?

 

Always happy to help. If you have other questions please don't hesitate to waste my time.

 

Stay away from leasing. Just buy a good condition used Z if you really want to drive a Z. It's probably your best bet financially.

 

Neither is financing one for 60-72 months either.

If you finance for 60-72 months, you are almost certainly still up-side-down after 36 months (owe more than its worth). But if you lease for 36 months, you will actually paid less out of pocket, and can walk away even.


bill

 

You don't sound like a baller to me.

 

Interesting.. please elaborate. I am financing for 60 months @ 2.9%. Down payment of 5,000, loan of 25---. I could have easily down'd a lot more, but I figured putting whatever money I have onto my savings @ 3.75% is better than NMAC's rate. Gain in savings interest > Finance charges from NMAC. Any flaws in my logic? Just thinking about the value of the dollar in the future gives me a headache.

 

Leasing almost ALWAYS requires money down. At least for my dealership. You can't lease without cash out of your pocket. Go buy used.

+1 @ buy a Civic.

You said you're 19? How much credit do you possibly have...

 

I have done the calculation numerous times. Using market rates (7-8%) minimim down payments, and 60-72 month laons, a buyer is almost always upside at the end of 36 months.

But when you make a reasonable down payment, and get a special rate deal like yours, even without running the numbers, I suspect you came out ahead with a purchase.

But most "buyers" don't have the funds for a significant down payment, and often don't have a credit history that will qualify them for such a favorable loan. If you make the same down payment as the upfront cost of a lease ("capitialzed cost reduction"), and pay market rates on a long term loan, you will usually be upside down (negative equity) for 3-4 years

bill

 

good to know, had to respond so you dont think i ignored it