2023 Nissan Z Residual Values ​​Are Incredibly High

Nissan’s residual values ​​for the new Z sports car are incredibly high, suggesting it could be a great car to rent. According to a residual value guide sent to dealers this week, some configurations can have lease residual values ​​in excess of 90%. However, some potential downsides are worth knowing.

For starters, the 2023 Nissan Z has 36-month residual values ​​ranging from 66% to 74%, with the highest residual values ​​on the entry-level Sport trim. Choosing a 24 month lease on the new Nissan Z Sport with manual transmission can give you access to a whopping 90% residual when leasing the car through NMAC.

While 90% is already impressive, the residual values ​​published by Nissan are based on leases of 15,000 miles per year. If you opt for a shorter mileage allowance, it may be possible to see residual values ​​in excess of 90%. For reference, 10,000 mile-per-year leases on the LEAF EV can add 3% to the residuals published by NMAC.

While shorter leases often have higher residuals than long ones, a Nissan Z residual value of 90% is incredibly high. With a 36-month residual of 74%, the cheapest Nissan Z has a higher residual than a Honda Civic Si (64%). Even with a lease of 10,000 miles per year, the Hyundai Elantra N costs only 58%.

Unfortunately, other factors could impact your ability to get a good Nissan Z lease price. First, there are no cash lease incentives to help bring the price down. Second, Nissan’s underlying lease rate is alarming. The currency factor for lease terms up to 48 months is 0.00317, which is essentially 7.6% APR.

Additionally, dealers may mark up these standard monetary factors. Coupled with the strong possibility of Nissan Z markups, it may be harder than you think to get a deal. Buying a Z might not be better. Nissan already offers 84-month loans on the Z that could add a significant cost to buying a car.

As we reported yesterday, Nissan is also testing a trial program that removes the dollar limit for extended service contracts. While the precise impact of this isn’t entirely clear yet, those looking to get the best possible deal should be sure to look at the full picture when calculating their cost on a new Nissan Z.

Explore Nissan Z prices and offers

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