Katera
Posts: 18
Joined: Sat Feb 04, 2017 7:49 pm
Delivery Date: 05 Feb 2017

Re: End of Lease Strategies?

Wed Jun 28, 2017 7:14 pm

^^^ Exactly. My residual even after the $4k off is more then what the car is worth with the stiff Leaf depreciation. Hope the incentive goes back up. I would love to keep it....but not at a loss.

mykalt45
Posts: 14
Joined: Mon Jan 23, 2017 1:57 pm
Delivery Date: 23 Jan 2017

Re: End of Lease Strategies?

Thu Jun 29, 2017 5:14 pm

So I received my lease extension paperwork today. Trying to think about the motivation for Nissan to give 3 months free. Have to imagine most folks are doing this. Do they really think the new Leaf will entice us to convert, or is it just a way to keep Leafs off the lot?

LeftieBiker
Posts: 6557
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: End of Lease Strategies?

Fri Jun 30, 2017 12:39 am

mykalt45 wrote:So I received my lease extension paperwork today. Trying to think about the motivation for Nissan to give 3 months free. Have to imagine most folks are doing this. Do they really think the new Leaf will entice us to convert, or is it just a way to keep Leafs off the lot?


Both.
2013 "Brilliant Silver" SV with Premium Package and no QC, and 2009 Vectrix VX-1 with 18 Leaf cells.

The most offensive, tasteless phrase in use here is "Pulled the trigger." I no longer respond to posts that use it.

DaveinOlyWA
Gold Member
Posts: 11793
Joined: Sat Apr 24, 2010 7:43 pm
Delivery Date: 10 Nov 2016
Leaf Number: 314199
Location: Olympia, WA
Contact: Website

Re: End of Lease Strategies?

Fri Jun 30, 2017 6:11 am

mykalt45 wrote:So I received my lease extension paperwork today. Trying to think about the motivation for Nissan to give 3 months free. Have to imagine most folks are doing this. Do they really think the new Leaf will entice us to convert, or is it just a way to keep Leafs off the lot?


Because its really really stupid to lose a customer based on a few months of bad timing. Not sure how anyone could not understand this. They have already made up that 3 months free they are giving you so its not like its costing them anything to do it for a chance at a sale.

You should examine what dealerships spend on promos to bring in customers. Have a famous sports figure come to sign autographs at your local dealership? You would be shocked to find out how much the dealership pays for that.
2011 SL; 44,598 miles. 2013 S; 44,840 miles. 2016 S30; 18,297 miles. 363 GIDs, Ahr 82.34, Hx; 100.00% kwh 28.1 QCs 165, L2's 190
My Blog; http://daveinolywa.blogspot.com" onclick="window.open(this.href);return false;

fishmonster5
Posts: 10
Joined: Thu Jun 05, 2014 7:31 pm
Delivery Date: 30 Jun 2014

Re: End of Lease Strategies?

Fri Jul 07, 2017 2:34 pm

I'm looking to trade in my 2015 Leaf S this weekend as the lease is up after 3 years. I'm being quoted $149/month for 24 months with $0 down on a 2017 Leaf S in the Seattle market. I am checking on the annual miles but I had 15k on my last lease and used 8k/year.

Is this comparable to others offers? Tell me if it's not a good deal I've been putting this shopping around off too long!

User avatar
DuncanCunningham
Forum Supporter
Posts: 390
Joined: Thu Mar 26, 2015 10:02 am
Delivery Date: 15 Apr 2015
Location: Bountiful, UT

Re: End of Lease Strategies?

Fri Jul 07, 2017 2:37 pm

fishmonster5 wrote:I'm looking to trade in my 2015 Leaf S this weekend as the lease is up after 3 years. I'm being quoted $149/month for 24 months with $0 down on a 2017 Leaf S in the Seattle market. I am checking on the annual miles but I had 15k on my last lease and used 8k/year.

Is this comparable to others offers? Tell me if it's not a good deal I've been putting this shopping around off too long!


I think that is a great deal. I'd take it, but I live in Utah. We still run cars on wood and built houses out of the bodies of our enemies over here so EV market is low, thus zero down means $300 per month here.
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)

Pauafunk
Gold Member
Posts: 11
Joined: Sat Mar 11, 2017 5:26 pm
Delivery Date: 01 Dec 2016
Leaf Number: 301127

Re: End of Lease Strategies?

Fri Jul 07, 2017 4:15 pm

Hello to all. Nissan has tweaked the GPO program for those wishing to buy out their Leaf leases. Its a little complicated as the buyout incentive is now tied to trim level. I am happy to offer no obligation quotes as I have done in the past. Looking at the deal most folks should have equity in their Leases if they choose to sell the car based on current values. Obviously some markets are stronger than others. Take a look at comps (what vehicles are advertised for in your local market), NADA book values Vs what you can buy the Leaf for.
I have seen people turn down offers where they are able to secure $3k profit by buying out their lease and selling the car because they are waiting for the massive GPO numbers to come back which in my opinion will not.

Email Todd.Grace@jerryseiner.com

Please include:

Year and trim level of your Leaf
VIN
Term of Lease

I will respond with a buyout quote within 48 hours.

Happy charging!
Todd Grace.

mykalt45
Posts: 14
Joined: Mon Jan 23, 2017 1:57 pm
Delivery Date: 23 Jan 2017

Re: End of Lease Strategies?

Fri Jul 07, 2017 5:40 pm

So completed my Leaf extension. Just curious how it went for others. I see that my maturity date has been adjusted, but it shows I owe for August, but my buyout has changed significantly. How did the 3 months show up for you guys? Thanks.

DaveinOlyWA
Gold Member
Posts: 11793
Joined: Sat Apr 24, 2010 7:43 pm
Delivery Date: 10 Nov 2016
Leaf Number: 314199
Location: Olympia, WA
Contact: Website

Re: End of Lease Strategies?

Fri Jul 07, 2017 7:18 pm

fishmonster5 wrote:I'm looking to trade in my 2015 Leaf S this weekend as the lease is up after 3 years. I'm being quoted $149/month for 24 months with $0 down on a 2017 Leaf S in the Seattle market. I am checking on the annual miles but I had 15k on my last lease and used 8k/year.

Is this comparable to others offers? Tell me if it's not a good deal I've been putting this shopping around off too long!


Be warned; that extra range almost forces you to drive more.... :)
2011 SL; 44,598 miles. 2013 S; 44,840 miles. 2016 S30; 18,297 miles. 363 GIDs, Ahr 82.34, Hx; 100.00% kwh 28.1 QCs 165, L2's 190
My Blog; http://daveinolywa.blogspot.com" onclick="window.open(this.href);return false;

fishmonster5
Posts: 10
Joined: Thu Jun 05, 2014 7:31 pm
Delivery Date: 30 Jun 2014

Re: End of Lease Strategies?

Fri Jul 07, 2017 10:41 pm

You're right I guess the range would allow further trips since I bus to work not sure it will increase too much. For those in the Seattle market how does $150/month sound?

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