hey car man, Could you please list the current money factor and residual for an 06 350z base model interlagos fire and side curtain airbags, 15k miles for two and three years (i don't know if its 24, 27, 36, or 39 months through nissan). I would also appreciate anything else that you think may help. Thanks.

Hey clat. Here's the information that you're looking for. Nissan Motor acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a base 2006 Nissan 350Z Coupe with 15,000 miles per year are .00285 and 56%, respectively. The numbers for an otherwise identical 36 month lease are .00285 and 47%. This money factor is actually available for any length lease.

Hoping I could get some info about the following situation. My thanks go out in advance...

I'm 17 years old and am interested in driving an '06 350Z Touring Coupe. My parents have terrible credit and I know they will be declined for the lease.

I currently have $20,000 from a trust fund that is currently deposited in my checking account. My thought is that I could, dealership permitting, pay the complete sum of a 36 month lease in cash as a "down payment" to combat the fact that all I have is cash. Does anyone know if this would be possible or has heard of anything like this?

If not, is there a way to work around this? I have not been to any dealerships yet with this plan in mind. Any help would be appreciated.

Also, let's say that I do wind up paying the entire sum of the 36 month lease in one payment, or rather, as much of the down payment as possible, what figure am I looking to pay in total for the entire lease?

I also have other money set aside for insurance and whatnot.

( This is my first step into the car-purchasing world, so please be thorough in explanation, sorry :confuse: )

I'm specifically looking to get:

2006 350Z Touring Coupe w/: 6-spd manual side and curtain airbags carpeted floor mats carpeted trunk mat aluminum kick plate areodynamics package

According to nissanusa.com, Total Configured MSRP† $34,485

I was thinking about leasing a Grand Touring Roadster--39 months, 12000 miles, 0 down. Would it be better to wait a couple months for the 2007? I'm not going to buy at the end of the lease, so I'm not sure if payments will be much more if I wait or if a much better deal can be had on a 2006 once the 07 is out? What do you think? Thanks

Hi jmatson266. Given the lack of lease support on the Nissan 350Z, all things being equal (namely the selling price), I would not be surprised if it was actually less expensive to lease a 2007 model when it comes out than it would be to lease a 2006 model because the '07 350Z will likely have higher residual values. This is all just speculation though because I don't believe that Nissan has published a lease program for the 2007 350Z yet. Which model ends up being cheaper will ultimately depend upon how much lower a selling price you are able to negotiate on a 2006 model when the '07s finally arrive at dealers.

Hello CarMan, first of all thanks for all the valuable help that you provide, Great Work!...Anyway, I am looking to lease a 2006 Nissan 350Z Touring. Per your advice I am not going to put any money down. I'd like to lease for 36 or 39 months, 15K miles per year. Could you please tell me around how much I should expect to pay a month for this vehicle?? Nissan's websites lists Base MSRP at $32,450. Also do I need to make sure that the car comes with a bumper to bumper warranty?? or does this come standard with all leases??.Hopefully it will be below $550. Please let me know, Thanks Again.

I am really caught between a rock & a hard place. I was waiting for the right deal on an '06 GT Roadster. Found one, I think...Nismo plastic and exhaust, MSRP 43K, marked down to 38,900. Problem being, rumor has it '07 promises more horse and I'm a HP junkie. I know '07 will have larger selling price but I'm not sure if that will really affect a lease as you are only paying the residual each month. I've heard arguments for both sides and am thoroughly confused. I also want to get the lowest monthly payment possible, which would require a huge downpayment on a lease, and now I'm finding that that's not the smartest route; that I should buy. My credit took a nosedive last year and I have been pretty successful in rebuilding it, but I know my credit status will negatively affect the interest rate on a purchase, thus eating up a large downpayment anyway. HELP!!!!!

Is this a good deal (from a Infiniti Dealership)? 2005 Nissan 350Z Roadster Touring w/ 13,293 miles for $25,897 - it's silverstone with black interior. What price I should offer?

Sounds like a pretty good price. Just check the values on edmunds, if it's anywhere close to the trade-in price on edmunds then it's a great price. Check the rear tires before you buy it, if they are completely bald that's a clear indication of a lot of hard launches...though by that mileage they will have a lot of wear under normal conditions.

You're welcome and thank you for the kind words, Carlos . All leased vehicles come with their normal new vehicle bumper-to-bumper warranty coverage. This car's lease payment will depend upon what sort of selling price you are able to negotiate on it. A base 2006 Nissan 350Z Touring Coupe has a spread of around $2,500 between its full MSRP and dealer invoice price. for now I will assume that you are going to be able to negotiate a $2,000 discount on this car. According to my calculations, if you were to lease a 2006 Nissan 350Z Touring Coupe with an MSRP of $32,450 and a selling price of $30,450 through Nissan Motor Acceptance Corp. right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $533. The payment for an otherwise identical 39 month lease is $510.

Hi zeeya. Unfortunately, a higher selling price will definitely result in a higher lease payment. I haven't played with the numbers lately, but I suspect that it will be much less expensive to get a 2006 350Z than it will be to get a 2007 model. I can tell you exactly what the lease payments on the cars that you are interested in are going to be like if you provide me with their full MSRPs and approximate selling prices. You may be able to get an idea of how much you will have to pay for these cars right now by visiting the following discussion: "Nissan 350Z: Prices Paid & Buying Experience". Let me know what these prices are and I will crunch some numbers for you.

Hi all. I've decided to purchase a 350z grand touring coupe (black) in the '07 model. I saw the press release that they are out, but dealerships in So. Cali don't have them yet. Two questions b/c you guys seem so helpful:

1) ANy idea when these dealerships will see them?

2) I anticipate putting $4,500 down and doing a 3 year, 10K/year lease. What do you think a fair lease payment is on that based on A+ credit?

[just posted this on the other 350z board, so sorry for duplication .. ]

Hi all. I've decided to purchase a 350z grand touring coupe (black) in the '07 model. I saw the press release that they are out, but dealerships in So. Cali don't have them yet. Two questions b/c you guys seem so helpful:

1) ANy idea when these dealerships will see them?

2) I anticipate putting $4,500 down and doing a 3 year, 10K/year lease. What do you think a fair lease payment is on that based on A+ credit?

You might even consider if you have a bank or credit union that does leasing.

Main concepts -- what you pay for the car (Cost Basis or Cap Cost)-- what interest rate you pay (money factor)-- how much value it has when you turn it in (residual)

Realize you are borrowing money and paying interest on the whole purchase price, but you only pay the principle for the difference between the cost basis and the residual.

Example: Z costs 40K, residual is 20k -- to make the math easy lets say you do it for 40 months. No down payments, you'll pay 20k/40 or $500 in principle per month, plus interest on the $40k (less your principle payment) each month.

I'll argue that leasing (and not loosing you shirt) is tougher on the average consumer. Not only do you have to negotiate a price (the cost basis) you have to determine what the residual should be (and this information can be hard to find). Then you are dealing with terms you are not used to -- like money factor, cost basis, cap reduction, etc.

A knowledgeable salesman can fleece you pretty quickly.

Do your home work -- and good luck with it?

An alternative that worked for me was to use LeaseTrader.com and get a lightly used take over lease.

I picked up a nice 12k miles Touring Roadster for 24 months with 27K miles left ">link titleat $460/mo and was paid $1000 to take it.

Added bonus -- In Texas you don't pay sales tax on lease assumptions -- saved another $2500!

without knowing purchase price (as someone posted elsewhere, carmax already shows them for right around invoice or $100 under), money factor, or residual value, I don't think anyone can give you an accurate number. And since they are just coming out now, you might be one of the first here to find out what those numbers are.

'12 EX35 Journey AWD; '98 Volvo S70 base; '14 Town&Country Limited; '09 LR2 HSE. 42-car history and counting!

lots of variables to work out, just not sure how negotiable some of them are. i'm thinking msrp on grand touring coupe 07 with navigation system is about $43K.

tell me, what do you think i can get the cap cost down too, and how high the residual? i'll do some research .. but just curious.

i prefer not to purchase b/c i'm in socal and live on the coast and the toxicity of salty air will take a hit on the car and i don't want to risk that ..

You're right, veal999, the 2007 350Z has begun to arrive at dealers. If the dealers in your area don't have any yet, I suspect that they will very soon.

I see that you are considering making a $4,500 down payment on a lease of one. I always advise consumers against making large down payments on leased vehicles. The main reason that I do so is if your leased vehicle is totaled in an accident or stolen and never recovered, your down payment will essentially disappear. You would be better off leasing this car without making any sort of cap cost reduction. Its lease payment will depend upon what the MSRP and approximate selling price of the exact car that you are interested in are. I would be happy to use Nissan's actual current lease program to work up a sample lease payment for you if you let me know what these numbers are.

That would be great .. insight would be appreciated. I actually had the dealership order me the car I wanted, just put $1,000 down, refundable, etc.

I'm looking for a black '07 z convertible, grand touring with navigation. I think this will list at 44,500 MSRP. I'm not sure the movement i can get off this price, perhaps 1,000, perhaps nothing. The soft lease calculator at the dealership spitted out a 900 figure and that seemed like crap .. i could go lease a 7 series bmw for that.

tell me based on 44,500, with 3000 down or 4500 down (curious difference), with 12000 mile limit, 3 years. not sure residual, probably 22,000. let me know!

## Comments

2MSRP† $30,445 + TTL - dealer retail.

$30k Drive out That price is $350 under the invoice

21,162Carsdirect says I could get an '06 Enthusiast for only $500 off STICKER.

'12 EX35 Journey AWD; '98 Volvo S70 base; '14 Town&Country Limited; '09 LR2 HSE. 42-car history and counting!

422Could you please list the current money factor and residual for an 06 350z base model interlagos fire and side curtain airbags, 15k miles for two and three years (i don't know if its 24, 27, 36, or 39 months through nissan). I would also appreciate anything else that you think may help. Thanks.

clat

38,515Car_manHost

Prices Paid Forum

1I'm 17 years old and am interested in driving an '06 350Z Touring Coupe. My parents have terrible credit and I know they will be declined for the lease.

I currently have $20,000 from a trust fund that is currently deposited in my checking account. My thought is that I could, dealership permitting, pay the complete sum of a 36 month lease in cash as a "down payment" to combat the fact that all I have is cash. Does anyone know if this would be possible or has heard of anything like this?

If not, is there a way to work around this? I have not been to any dealerships yet with this plan in mind. Any help would be appreciated.

Also, let's say that I do wind up paying the entire sum of the 36 month lease in one payment, or rather, as much of the down payment as possible, what figure am I looking to pay in total for the entire lease?

I also have other money set aside for insurance and whatnot.

( This is my first step into the car-purchasing world, so please be thorough in explanation, sorry :confuse: )

I'm specifically looking to get:

2006 350Z Touring Coupe w/:

6-spd manual

side and curtain airbags

carpeted floor mats

carpeted trunk mat

aluminum kick plate

areodynamics package

According to nissanusa.com, Total Configured MSRP† $34,485

Much appreciated,

Cory

27miles left for an '06 350Z GT Roadster?

How can you tell what a good rate would be to take

over the lease payments?

thanks,

Mike

327basically you are saying that you want to rent it for 3 yrs.

Let's assume that its 40k base, and 20k for

residual for the '07

for the '06 let's say they knock it down to 36K and 18k

Is the $2k difference really worth just saying you have

an '07 -- which for a Z are virtually identical?

m

38,515Car_manHost

Prices Paid Forum

5Carlos

55425138,515youfor the kind words, Carlos . All leased vehicles come with their normal new vehicle bumper-to-bumper warranty coverage. This car's lease payment will depend upon what sort of selling price you are able to negotiate on it. A base 2006 Nissan 350Z Touring Coupe has a spread of around $2,500 between its full MSRP and dealer invoice price. for now I will assume that you are going to be able to negotiate a $2,000 discount on this car. According to my calculations, if you were to lease a 2006 Nissan 350Z Touring Coupe with an MSRP of $32,450 and a selling price of $30,450 through Nissan Motor Acceptance Corp. right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $533. The payment for an otherwise identical 39 month lease is $510.Car_manHost

Prices Paid Forum

38,515Car_manHost

Prices Paid Forum

571) ANy idea when these dealerships will see them?

2) I anticipate putting $4,500 down and doing a 3 year, 10K/year lease. What do you think a fair lease payment is on that based on A+ credit?

Thanks guys!

7Hi all. I've decided to purchase a 350z grand touring coupe (black) in the '07 model. I saw the press release that they are out, but dealerships in So. Cali don't have them yet. Two questions b/c you guys seem so helpful:

1) ANy idea when these dealerships will see them?

2) I anticipate putting $4,500 down and doing a 3 year, 10K/year lease. What do you think a fair lease payment is on that based on A+ credit?

Thanks guys!

27Find a leasing calculator -- learn the terms....

get informed. Try this calculator site

You might even consider if you have a bank or credit union that does leasing.

Main concepts -- what you pay for the car (Cost Basis or Cap Cost)--

what interest rate you pay (money factor)-- how much value it has when you turn it in (residual)

Realize you are borrowing money and paying interest on the whole purchase price, but you only pay the principle for the difference between the cost basis and the residual.

Example: Z costs 40K, residual is 20k -- to make the

math easy lets say you do it for 40 months. No down payments, you'll pay 20k/40 or $500 in principle per month,

plus interest on the $40k (less your principle payment)

each month.

I'll argue that leasing (and not loosing you shirt)

is tougher on the average consumer.

Not only do you have to negotiate a price (the cost basis)

you have to determine what the residual should be

(and this information can be hard to find).

Then you are dealing with terms you are not used to -- like

money factor, cost basis, cap reduction, etc.

A knowledgeable salesman can fleece you pretty quickly.

Do your home work -- and good luck with it?

An alternative that worked for me was to use LeaseTrader.com

and get a lightly used take over lease.

I picked up a nice 12k miles Touring Roadster for 24 months

with 27K miles left ">link titleat $460/mo and was paid $1000 to take it.

Added bonus -- In Texas you don't pay sales tax on lease assumptions -- saved another $2500!

Good Luck,

Mike

21,162'12 EX35 Journey AWD; '98 Volvo S70 base; '14 Town&Country Limited; '09 LR2 HSE. 42-car history and counting!

7tell me, what do you think i can get the cap cost down too, and how high the residual? i'll do some research .. but just curious.

i prefer not to purchase b/c i'm in socal and live on the coast and the toxicity of salty air will take a hit on the car and i don't want to risk that ..

7738,515Car_manHost

Prices Paid Forum

38,515I see that you are considering making a $4,500 down payment on a lease of one. I always advise consumers against making large down payments on leased vehicles. The main reason that I do so is if your leased vehicle is totaled in an accident or stolen and never recovered, your down payment will essentially disappear. You would be better off leasing this car without making any sort of cap cost reduction. Its lease payment will depend upon what the MSRP and approximate selling price of the exact car that you are interested in are. I would be happy to use Nissan's actual current lease program to work up a sample lease payment for you if you let me know what these numbers are.

Car_manHost

Prices Paid Forum

7I'm looking for a black '07 z convertible, grand touring with navigation. I think this will list at 44,500 MSRP. I'm not sure the movement i can get off this price, perhaps 1,000, perhaps nothing. The soft lease calculator at the dealership spitted out a 900 figure and that seemed like crap .. i could go lease a 7 series bmw for that.

tell me based on 44,500, with 3000 down or 4500 down (curious difference), with 12000 mile limit, 3 years. not sure residual, probably 22,000. let me know!

2Carpet front and trunk mat, Splash Guards, Full side airbags

Kick plates and cargo crap.

16