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DuncanCunningham
Posts: 518
Joined: Thu Mar 26, 2015 10:02 am
Delivery Date: 15 Apr 2015
Location: Bountiful, UT

Re: End of Lease Strategies?

Sat Jan 06, 2018 7:25 pm

Katera wrote:This is my last post on this board. I have posted several times over the last year trying to get more info on buying out my 2015 top of the line Leaf. We loved the car, and took the 3 free months extension. After being very disappointed in the range of the 2018 we decided to buy this car. Even though the incentives seem to be going down from their peak last spring, we figured hey they will still be high enough to justify the purchase. Then BAM! Incentives dropped completely. As much as it pained us, we turned her in a few days ago. I've never been so sad to see a vehicle go, but I was not going to pay full price for a car with 85 miles of range in 2018. Nissan is nuts if they think these things are going to still be big sellers at this range. Ah well, at least I got my 3 months free! Good luck all. I really enjoyed my leaf, but sadly it's back to fossil fuels.

They are being exported to Norway. Ship loads full of them. Now prices have stabilized for used leafs, it appears
Statler: Wake up you old fool. You slept through the show.
Waldorf: Who's a fool? You watched it.

2015 Leaf S (leased until May 2018, Bought out in Jan 2017)
2012 Leaf SL (purchased May 2015)

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Nubo
Posts: 4883
Joined: Fri May 28, 2010 11:01 am
Delivery Date: 31 Oct 2014
Location: Vallejo, CA

Re: End of Lease Strategies?

Sat Jan 06, 2018 8:04 pm

HIOJim wrote:...I'd love to know the thought process behind Nissan's 'no discount' policy. Do they really want a glut of used Leafs flooding their 2018 sales market?...


I suspect it's a matter of there being a temporary shortage of LEAFs for sale since 2017 production ceased combined with the number of lease extensions (with free months) that were granted. There are LEAFs still on the road that would normally have already been turned in. Could also mean a glut of used LEAFs in a few months?
I noticed you're still working with polymers.

DaveinOlyWA
Posts: 13224
Joined: Sat Apr 24, 2010 7:43 pm
Delivery Date: 16 Feb 2018
Leaf Number: 314199
Location: Olympia, WA
Contact: Website

Re: End of Lease Strategies?

Mon Jan 08, 2018 7:33 am

Nubo wrote:
HIOJim wrote:...I'd love to know the thought process behind Nissan's 'no discount' policy. Do they really want a glut of used Leafs flooding their 2018 sales market?...


I suspect it's a matter of there being a temporary shortage of LEAFs for sale since 2017 production ceased combined with the number of lease extensions (with free months) that were granted. There are LEAFs still on the road that would normally have already been turned in. Could also mean a glut of used LEAFs in a few months?


I was SHOCKED to hear that last LEAF was built in May....
2011 SL; 44,598 miles. 2013 S; 44,840 miles.2016 S30 deceased. 29,413 miles. 2018 S40; 11,987 miles, 485 GIDs, 37.6 kwh 110.89 Ahr , SOH 96.00, Hx 115.22
My Blog; http://daveinolywa.blogspot.com" onclick="window.open(this.href);return false;

goldbrick
Posts: 228
Joined: Tue Aug 01, 2017 3:33 pm
Delivery Date: 01 Aug 2017
Leaf Number: 311806
Location: Colorado front range

Re: End of Lease Strategies?

Mon Jan 08, 2018 12:25 pm

DaveinOlyWA wrote:
Nubo wrote:
HIOJim wrote:...I'd love to know the thought process behind Nissan's 'no discount' policy. Do they really want a glut of used Leafs flooding their 2018 sales market?...


I suspect it's a matter of there being a temporary shortage of LEAFs for sale since 2017 production ceased combined with the number of lease extensions (with free months) that were granted. There are LEAFs still on the road that would normally have already been turned in. Could also mean a glut of used LEAFs in a few months?


I was SHOCKED to hear that last LEAF was built in May....


The mfg date on my door jamb is 06/2017. Must be one of the last 2017 Leaf's built then?

DaveinOlyWA
Posts: 13224
Joined: Sat Apr 24, 2010 7:43 pm
Delivery Date: 16 Feb 2018
Leaf Number: 314199
Location: Olympia, WA
Contact: Website

Re: End of Lease Strategies?

Thu Jan 11, 2018 4:11 pm

goldbrick wrote:
DaveinOlyWA wrote:
Nubo wrote:
I suspect it's a matter of there being a temporary shortage of LEAFs for sale since 2017 production ceased combined with the number of lease extensions (with free months) that were granted. There are LEAFs still on the road that would normally have already been turned in. Could also mean a glut of used LEAFs in a few months?


I was SHOCKED to hear that last LEAF was built in May....


The mfg date on my door jamb is 06/2017. Must be one of the last 2017 Leaf's built then?


Yeah, normal to bump it a month. My build date was 10/2016 but got it Nov 10 so....
2011 SL; 44,598 miles. 2013 S; 44,840 miles.2016 S30 deceased. 29,413 miles. 2018 S40; 11,987 miles, 485 GIDs, 37.6 kwh 110.89 Ahr , SOH 96.00, Hx 115.22
My Blog; http://daveinolywa.blogspot.com" onclick="window.open(this.href);return false;

Leaf1
Posts: 49
Joined: Wed May 16, 2012 7:12 pm
Delivery Date: 13 Mar 2015
Leaf Number: 321051
Location: Baltimore, MD

Re: End of Lease Strategies?

Sat Jan 13, 2018 8:53 pm

I talked to NMAC yesterday. They told me that there was an end of lease discount for January only and that I had to talk to the dealer to get the amount of the discount. I talked to the dealer who gave me the final price which was discounted about $4k below residual. I have 2 months left on my lease so debating what to do. I am wondering if this discount gets larger in 2 months. Anyone have any insight?

Oils4AsphaultOnly
Posts: 476
Joined: Sat Oct 10, 2015 4:09 pm
Delivery Date: 20 Nov 2016
Leaf Number: 313890
Location: Arcadia, CA

Re: End of Lease Strategies?

Sat Jan 13, 2018 10:43 pm

Leaf1 wrote:I talked to NMAC yesterday. They told me that there was an end of lease discount for January only and that I had to talk to the dealer to get the amount of the discount. I talked to the dealer who gave me the final price which was discounted about $4k below residual. I have 2 months left on my lease so debating what to do. I am wondering if this discount gets larger in 2 months. Anyone have any insight?


Been burned before by being too gready. Take the deal.

If I had to guess, $4k below residual for a 2014 sounds like your total payments (lease payments + residual payment + tax) would probably be under $20k? Or is this a newer leaf?
:: Model 3 LR :: acquired 9 May '18
:: Leaf S30 :: build date: Sep '16 :: purchased: Nov '16
Date - Miles / GIDs:
May '17 - 7300 mi / 363
Feb '18 - 20.5k mi / 333

LeftieBiker
Posts: 9388
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: End of Lease Strategies?

Sat Jan 13, 2018 11:15 pm

Leaf1 wrote:I talked to NMAC yesterday. They told me that there was an end of lease discount for January only and that I had to talk to the dealer to get the amount of the discount. I talked to the dealer who gave me the final price which was discounted about $4k below residual. I have 2 months left on my lease so debating what to do. I am wondering if this discount gets larger in 2 months. Anyone have any insight?


What I suggest you do is offer $1k below that, and see if they accept. If they don't, then take the deal offered. They are probably keeping $2k of the discount for themselves . If they accept, then you'll know they were. I think you get a CPO warranty as well; if you get a choice between that and $1k less, though, take the warranty.
Scarlet Ember 2018 Leaf SL W/ Pro Pilot
2009 Vectrix VX-1 W/18 Leaf modules, & 3 EZIP E-bicycles.
PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

Leaf1
Posts: 49
Joined: Wed May 16, 2012 7:12 pm
Delivery Date: 13 Mar 2015
Leaf Number: 321051
Location: Baltimore, MD

Re: End of Lease Strategies?

Sun Jan 14, 2018 6:38 pm

Thank you for the response. I have a 2015 Leaf with 45k miles. What is a CPO warranty? I do assume they are keeping some portion for themselves. Thanks for the help.

LeftieBiker
Posts: 9388
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: End of Lease Strategies?

Sun Jan 14, 2018 10:07 pm

CPO means "Certified Pre-Owned." Most manufacturers offer them through dealers, for premium-priced used cars that meet certain minimum requirements. It's usually similar to an extension of the factory warranty.
Scarlet Ember 2018 Leaf SL W/ Pro Pilot
2009 Vectrix VX-1 W/18 Leaf modules, & 3 EZIP E-bicycles.
PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

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