If you were hoping to score a deal on the Nissan 370Z, the ship may have already sailed. Based on current inventory data, the aging sports car has sold out at dealers across the U.S. As a result, shoppers may find themselves weighing 370Z alternatives against the prospect of waiting for the upcoming Z redesign.
Even though the 2020 Nissan 370Z is still being advertised on Nissan's website, your odds of actually finding one in stock may be close to impossible. Aside from the fact that the car has seen minimal changes since 2009, this may explain why Nissan reported Q1 sales of just 28 Z cars, 95% less than the previous year.
Nissan spokesperson Dan Passe declined to confirm that 370Z production has ended, referring back to a previous statement that "sales of the 2020 370Z extended into 2021." That said, it seems pretty obvious that the average buyer will be hard-pressed to find one outside of the preowned market via used 370Z listings.While the next-gen Z was previewed in concept form as the Z Proto and is due to arrive later this year, its official name has not yet been announced. This timeframe could create a conundrum for shoppers facing high car prices amid an ongoing chip shortage with no end in sight that's making it harder to find a variety of cars.
Before it sold out, Nissan was giving dealers up to a $2,000 dealer cash incentive on the outgoing Z with no financing deals to speak of. That's in sharp contrast to other Nissan models, which tend to feature a special signing bonus called NMAC Special APR Cash that can make financing a Nissan particularly appealing.
Deals on Z alternatives are pretty hard to find. For example, we recently ranked the Toyota 86 among the cars you should never lease because it can be more expensive than a BMW 330i. Similarly, the Hyundai Veloster N is over $50/month more than the cheapest lease deal on the revamped 2022 Kia Stinger.
Even the Ford Mustang, which continues to outsell every one of its competitors, manages to do so without hefty incentives. That's a totally different story compared to last year when it was possible to find 0% APR for 84 months. Bargain hunters with the luxury of time may find it worth waiting for incentives to improve.