LeftieBiker
Posts: 8626
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: End of Lease Strategies?

Wed May 02, 2018 12:07 pm

Rain is your friend! I had my end of lease inspection on Monday, right before turning in my beloved 2013 SV. It was raining moderately outside, and the inspector rushed it for that reason. The rain blurred the numerous scratches and the spots of rust on the nose, and the inspection showed $0 chargeable damage. I had figured $300 at least...
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.

mantar
Posts: 15
Joined: Thu Nov 02, 2017 7:25 am
Delivery Date: 02 Nov 2017

Re: End of Lease Strategies?

Thu May 17, 2018 7:22 am

Held on to the car for every possible minute. Turned my 2015 Nissan with 5 minutes to go before closing 10 days after the lease end date. 39,500 plus miles after leasing it for 45 months. (40 months x $205) and taking advantage of the GA state $5000 rebate and paying the $200 surcharge for 3 years and on my 3rd set of tires, probably spent around $4000 net over the entire term. Nice bargain.

The dealer called me twice after that to see if I wanted to buyout. Each time, they would call back with an offer that was the same or worse(in the 11Ks out the door) than prior offers.

michaelt
Posts: 6
Joined: Mon Sep 19, 2016 10:43 am
Delivery Date: 13 Feb 2015
Leaf Number: 320205

Re: End of Lease Strategies?

Thu May 17, 2018 11:29 am

I have a question about the 10-day grace period. I am guessing that this period cannot be taken advantage of for traditional 3-year leases because it would require one to pay the car registration for the full year just to drive 10 more days, which makes little sense. The last poster talked about the lease duration of 45 months, and that's why the grace period of 10 more days was possible. But for most people such an extension is not practicable, correct?

mantar
Posts: 15
Joined: Thu Nov 02, 2017 7:25 am
Delivery Date: 02 Nov 2017

Re: End of Lease Strategies?

Thu May 17, 2018 12:42 pm

In my case, had nothing to do with the annual lease, but the date of my registration which falls in November. It didnt make a difference if my lease extension was for a year instead of 9 months.

goldbrick
Posts: 102
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?

Thu May 17, 2018 1:10 pm

In CO there is a 30 day grace period for car registrations, not sure if any other states also have that.

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