OceanBlue14
Member
My 36-month lease for a 2014 S is up in May 2017. My local dealer says Nissan is only offering buyout discount for 24-month lease not 36 month. Has anyone had any luck with 36-month lease for a MY2014?
End of Lease Strategies?
- Thread starter sonnylax
- Start date
Help Support My Nissan Leaf Forum:
Unless you drive it abnormally the brakes should still be ok. Regen takes a lot of the work of slowing the car away from the friction brakes.
DaveinOlyWA
Well-known member
kevind said:
if the range works, sure but keep in mind, its a declining range and current deals on 2016s with 30 kwh is something you need to investigate. I had what you had and differences is no steering wheel heater or backseat heater but adds
cruise control; nice for mindless driving
B mode; great for one foot driving. I have literally touched my brakes twice at speeds greater than 25 mph in two weeks of ownership
faster fast charging. seeing 32 KW at 86.6% SOC is AMAZING! finally getting a real 30 mins worth of charge!
DaveinOlyWA
Well-known member
OceanBlue14 said:
policy changes every month. wait 3 months and check again
DaveinOlyWA
Well-known member
OceanBlue14 said:
policy changes every month. wait 3 months and check again
Is sales tax on the residual value ? Or on the discounted buyout price ? (My residual is 13.9K, buyout price is 8.9K). At dealer now waiting to get the car inspected, so appreciate a quick response (so I can cross-check what the dealer tells me!).
--Sunil
--Sunil
Anyone know what the buyout offers are running on the 2013 SV, originally 2 year lease? I doubt very much I'd buy mine because of the lower range and lack of QC port, but I'm curious...
sunil said:
That's a fairly good deal for you, but for me it would cost $12k plus tax to buy my car, with PP but no QC.
Hey folks,
Just thought I would post up what I was offered, but ultimately declined in favor of an attractive offer on a Spark EV.
I have a 2012 SL on a 24 month lease, with 2 extensions. I put $2000 down, and had payments of $127/m for what ended up being 48 months. The nut of all this was that I had a residual of around $19000, HA! After NMAC decided to stop talking in October, I spoke with a Leaf Specialist at a local Maryland dealer who ended up offering an all in buy out of $7100 which he claimed included all Maryland translation and registration fees. I ultimately did not press him for a detailed breakdown, because I went in another direction.
If I had not found the rebate rich deal on a Chevy Spark EV, I would have pulled the trigger on this proposed buy out. I have 10 bars left and 47,000 miles. I am sure feeling the cold weather range right now, and figure I must be due for the third bar dropping any day now.
I'll be driving the wheels off for the next 3 weeks. I have about 1,250 of miles left on the lease and a set of tires with about 7k miles on them.
The Spark EV is safely ensconced in the garage until Christmas. It is a fine car, still getting used to the matchbox size though. With 140hp, 320.ft/lbs of torque and a zero to sixty of around 7.5 seconds it is very very zippy compared to the Leaf.
On the Spark EV (LT2 with CCS fast charging), I was able to pull a 39 month lease with zero down, and 38 payments of $157/m. Buy out will be $10,300. With a temperature conditioned battery and fewer degradation concerns I have much or faith that this car will earn the buy out at the end of the process.
Just thought I would post up what I was offered, but ultimately declined in favor of an attractive offer on a Spark EV.
I have a 2012 SL on a 24 month lease, with 2 extensions. I put $2000 down, and had payments of $127/m for what ended up being 48 months. The nut of all this was that I had a residual of around $19000, HA! After NMAC decided to stop talking in October, I spoke with a Leaf Specialist at a local Maryland dealer who ended up offering an all in buy out of $7100 which he claimed included all Maryland translation and registration fees. I ultimately did not press him for a detailed breakdown, because I went in another direction.
If I had not found the rebate rich deal on a Chevy Spark EV, I would have pulled the trigger on this proposed buy out. I have 10 bars left and 47,000 miles. I am sure feeling the cold weather range right now, and figure I must be due for the third bar dropping any day now.
I'll be driving the wheels off for the next 3 weeks. I have about 1,250 of miles left on the lease and a set of tires with about 7k miles on them.
The Spark EV is safely ensconced in the garage until Christmas. It is a fine car, still getting used to the matchbox size though. With 140hp, 320.ft/lbs of torque and a zero to sixty of around 7.5 seconds it is very very zippy compared to the Leaf.
On the Spark EV (LT2 with CCS fast charging), I was able to pull a 39 month lease with zero down, and 38 payments of $157/m. Buy out will be $10,300. With a temperature conditioned battery and fewer degradation concerns I have much or faith that this car will earn the buy out at the end of the process.
BlueLeaf14TN
New member
- Joined
- Dec 10, 2016
- Messages
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Following is the setup:
* I am in the bay area - San Jose.
* 2014 Blue Leaf SV - bought Feb-2014.
* Quick charge package + premium sound package, special cloth seating, heated seats.
* Full 12 bars battery. Not kept fully charged.
* My lease is coming to an end in Feb-2017.
* My Pay off is around $15,500.
* 18,000 miles driven.
Given current Nissan discounts, how much can I expect to get back from dealership if I wanted to buy back?
Thanks very much for any suggestions.
Following is the setup:
* I am in the bay area - San Jose.
* 2014 Blue Leaf SV - bought Feb-2014.
* Quick charge package + premium sound package, special cloth seating, heated seats.
* Full 12 bars battery. Not kept fully charged.
* My lease is coming to an end in Feb-2017.
* My Pay off is around $15,500.
* 18,000 miles driven.
Given current Nissan discounts, how much can I expect to get back from dealership if I wanted to buy back?
Thanks very much for any suggestions.
MikeinDenver
Well-known member
Just in case it might be useful for others here are the details of my experience today buying out the lease on my 2013 SL.
3 Year lease 36k miles
May 2014 to May 2017
Residual was $14.5k
Four more payments to go.
Current mileage is 27.4K miles all bars but probably going to lose the first one sometime soon based on leafspy.
First offer from dealer was $9.3k plus doc, title, reg fees and taxes. They said they couldn't go any lower on the price of the vehicle only the fees. I got them down to 9k before taxes, title and reg fees. Ended up out the door at $9,979.
My case is special as I have an open hail claim from three weeks after I leased the vehicle that I never had repaired because I was betting that a situation like we are in where the residuals are significantly higher than the value of the vehicles coming off lease would come to pass. So I kept it in my back pocket to be able to cash it out if I ended up buying out the lease. That will get me about 2/3 of what I paid for the car. Factoring in that and the four payments I no longer have to make prior to lease end the net cost to buy out was $2,099 which is completely ridiculous. Not something I could pass up. The hail damage is all cosmetic and doesn't even show up that much on the silver I have. My commute is about 22 miles round trip so it should do that fine for many many years to come. I even have at least one free charging location within walking distance of my office provided by the local Electrical Trades Center if for some reason I needed it. Many thanks to them.
I fully expected them to come at me with an offer in the 10-11k range before fees, taxes etc. I was pretty surprised they would go so low out the gate. Some may want a price lower than $9k and I wouldn't fault you. But at $9k my net price was just too good and I wanted to get this thing settled.
This was at Buckeye Nissan in Hilliard OH.
3 Year lease 36k miles
May 2014 to May 2017
Residual was $14.5k
Four more payments to go.
Current mileage is 27.4K miles all bars but probably going to lose the first one sometime soon based on leafspy.
First offer from dealer was $9.3k plus doc, title, reg fees and taxes. They said they couldn't go any lower on the price of the vehicle only the fees. I got them down to 9k before taxes, title and reg fees. Ended up out the door at $9,979.
My case is special as I have an open hail claim from three weeks after I leased the vehicle that I never had repaired because I was betting that a situation like we are in where the residuals are significantly higher than the value of the vehicles coming off lease would come to pass. So I kept it in my back pocket to be able to cash it out if I ended up buying out the lease. That will get me about 2/3 of what I paid for the car. Factoring in that and the four payments I no longer have to make prior to lease end the net cost to buy out was $2,099 which is completely ridiculous. Not something I could pass up. The hail damage is all cosmetic and doesn't even show up that much on the silver I have. My commute is about 22 miles round trip so it should do that fine for many many years to come. I even have at least one free charging location within walking distance of my office provided by the local Electrical Trades Center if for some reason I needed it. Many thanks to them.
I fully expected them to come at me with an offer in the 10-11k range before fees, taxes etc. I was pretty surprised they would go so low out the gate. Some may want a price lower than $9k and I wouldn't fault you. But at $9k my net price was just too good and I wanted to get this thing settled.
This was at Buckeye Nissan in Hilliard OH.
evnow
Well-known member
Extended my lease twice already. Now ending in May '17. So, 5 months (actually jut 4) before I have to decide to do something.
- buy out (no way)
So I'm left with
1. Get Bolt for 2 years and transfer lease when I get Model 3
2. Get Bolt for 2 years and get Model 3 after the lease ends
3. Need to eventually replace my wife's old CUV. So I can get Pacifica or Outlander PHEV (if that comes out) and wait out for the BEV till Model 3 comes
Back in 2010 didn't expect to have just these choices in 2017. Sad !
- buy out (no way)
So I'm left with
1. Get Bolt for 2 years and transfer lease when I get Model 3
2. Get Bolt for 2 years and get Model 3 after the lease ends
3. Need to eventually replace my wife's old CUV. So I can get Pacifica or Outlander PHEV (if that comes out) and wait out for the BEV till Model 3 comes
Back in 2010 didn't expect to have just these choices in 2017. Sad !
Are they going to offer 2 year leases on the Bolt? I thought it was 36 months only.
jlv
Well-known member
Thank you for posting that. That's almost exactly my situation; the only difference is my residual is almost $1K more and I'm almost at 25K miles. I'd probably buy my LEAF for about that price.MikeinDenver said:
I stopped in to talk to the dealer this past weekend and I was told by the LEAF specialist that I should deal with NMAC instead (which is quite opposite what folks in this thread have said). He was quite happy to talk about selling/leasing me a new car, though. I've still hear from NMAC.
So obviously I didn't handle talking to them correctly. I just said "I want to find out about buying out my lease". Any suggestions on what I should have said?
"NMAC has stopped handling lease buyouts. It's in the hands of the dealers now. I'm shopping around to buy mine. Please look into this and give me your best buyout price."
Nissan Leaf 2013 with QC
36 months Down payment $1000
22,543 miles
Lease ends on April 26 2017
I bought my leaf 4 days ago at Nissan Fontana, CA. Thanks to forum member kevind for the info. Although I have to drive 75 miles from home, it was worth it since the Nissan dealers close to me in Los Angeles area did not give me a very good deal or they do not know what I am talking about.
Residual value was $12,759.20. My out-the-door price is $8,021.48 (includes tax, doc fees and purchase option fee). I also got a $50 prepaid debit visa card for coming in the first time. I do not have to pay my lease payments from Dec-Mar so that is 4 months worth of payments. So in reality my out-the-door price is $6,787.72.
PM me if you need to contact the person who gave me the good deal. She said she will give me $100 prepaid visa debit card if I send people their way and bought our their lease or purchase a new car and I can split it with you.
36 months Down payment $1000
22,543 miles
Lease ends on April 26 2017
I bought my leaf 4 days ago at Nissan Fontana, CA. Thanks to forum member kevind for the info. Although I have to drive 75 miles from home, it was worth it since the Nissan dealers close to me in Los Angeles area did not give me a very good deal or they do not know what I am talking about.
Residual value was $12,759.20. My out-the-door price is $8,021.48 (includes tax, doc fees and purchase option fee). I also got a $50 prepaid debit visa card for coming in the first time. I do not have to pay my lease payments from Dec-Mar so that is 4 months worth of payments. So in reality my out-the-door price is $6,787.72.
PM me if you need to contact the person who gave me the good deal. She said she will give me $100 prepaid visa debit card if I send people their way and bought our their lease or purchase a new car and I can split it with you.
