leafer007
Posts: 9
Joined: Wed Jun 27, 2018 8:33 pm
Delivery Date: 28 Mar 2015
Leaf Number: 321727

Re: End of Lease Strategies?

Wed Jun 27, 2018 9:35 pm

Battery is still 12 bars and the as far as I know, the car is in great condition.

LeftieBiker
Posts: 9234
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: End of Lease Strategies?

Wed Jun 27, 2018 11:01 pm

leafer007 wrote:Battery is still 12 bars and the as far as I know, the car is in great condition.


Then I honestly don't know what's making you unhappy. You have an SL with the best battery Nissan ever made, taken care of by you, and you aren't thrilled at a $10.5k buyout...? This isn't two years ago, I'm afraid.
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.

leafer007
Posts: 9
Joined: Wed Jun 27, 2018 8:33 pm
Delivery Date: 28 Mar 2015
Leaf Number: 321727

Re: End of Lease Strategies?

Thu Jun 28, 2018 7:15 am

My bad...I should have been clear. I was only frustrated with having to explain multiple dealerships about something called buyout incentive. Infact there was this one guy who was arguring with me logically explaining that Nissan gives buyout incentives to dealers so that dealerships can buy the car when lease gets returned. I chose not to argue further woth him :|

Anyways...Im happy that I got some incentive. The reason Im returning is because of two things-
1. 2018 Leafs are too expensive
2. I had a minor bumper accident 3 days after AIM inspection gave me $0 wear. Bad luck :( but the body shop said they could fix it for $350. Im sure dealership would charge a lot more. I guess all of this doesnt matter if I buy it out.

I was searching online for used cars and I see that I am getting pretty much the market rate.

Thanks a lot for all your inputs. It does help in seeing this deal better.

LeftieBiker
Posts: 9234
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: End of Lease Strategies?

Thu Jun 28, 2018 1:06 pm

The buyout on my 2013 SV (with no QC) was $17k.
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.

leafer007
Posts: 9
Joined: Wed Jun 27, 2018 8:33 pm
Delivery Date: 28 Mar 2015
Leaf Number: 321727

Re: End of Lease Strategies?

Thu Jun 28, 2018 1:37 pm

LeftieBiker wrote:The buyout on my 2013 SV (with no QC) was $17k.


Dont just go buy the number listed on nissan finance online portal. As posted above, I got my buyout number after talking to various dealerships.

*EDIT* - Didnt notice it before I posted...I guess you are already a proud owner of 2018 now :D

LeftieBiker
Posts: 9234
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: End of Lease Strategies?

Thu Jun 28, 2018 2:41 pm

The local dealers never gave me an actual number. They wanted me to "come in" to "talk about it." I didn't really want to buy the 2013 anyway - I loved the car but the range had grown insufficient.
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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Nubo
Posts: 4854
Joined: Fri May 28, 2010 11:01 am
Delivery Date: 31 Oct 2014
Location: Vallejo, CA

Re: End of Lease Strategies?

Thu Jun 28, 2018 6:38 pm

leafer007 wrote:My bad...I should have been clear. I was only frustrated with having to explain multiple dealerships about something called buyout incentive. Infact there was this one guy who was arguring with me logically explaining that Nissan gives buyout incentives to dealers so that dealerships can buy the car when lease gets returned. I chose not to argue further woth him :|


I contacted numerous dealerships. I did mention something along the lines of "all applicable incentives", which just gave some of them something to argue about (i.e. "no such thing exists"). Whatever. The semantics didn't matter to me. Changed my approach to "give me your best price". They can play their games and call the money whatever they like; just give me a number :) In the end one dealership gave me a better price and during the closing mentioned something about "Nissan helping out". You just need to find a salesman who wants to make some money, just not ALL of the money. :lol:
I noticed you're still working with polymers.

leafer007
Posts: 9
Joined: Wed Jun 27, 2018 8:33 pm
Delivery Date: 28 Mar 2015
Leaf Number: 321727

Re: End of Lease Strategies?

Fri Jun 29, 2018 10:17 am

Hey guys, I am at the dealership in ther process of buying out my lease. I heard this guy talking to another one about adding a $395 disposition fee + $75 some other fee.

My contract clearly notes disposition fee applocable only if you donot purchase the vehicle. But Im purchasing it. Not sure why they are adding this.

Whoever bought their lease, did you guys also pay these fees?

**Update**
They are calling this 395 as the doc fee! Im asking for more information

**Full Update**
They kept saying $395 is a mandatory dealership fee and there is a mandatory $75 fee from Nissan. They were not providing any information on what the fee entails. And this sales guy comes up with a new paper from Nissan Corporate that shows the minimum they can do is 10,800

so the final price changed to 10,800 + 395 + 75 + TTL

And I decided to not go forward at that moment. Told him that I will come back after talking to other dealerships.

I was able to get a copy of Nissan GPO minimum buyout price it might be useful for the community here. but it has a disclaimer saying "Its confidential and cannot be distributed to public"
Last edited by leafer007 on Fri Jun 29, 2018 11:54 am, edited 1 time in total.

User avatar
Nubo
Posts: 4854
Joined: Fri May 28, 2010 11:01 am
Delivery Date: 31 Oct 2014
Location: Vallejo, CA

Re: End of Lease Strategies?

Fri Jun 29, 2018 11:21 am

leafer007 wrote:Hey guys, I am at the dealership in ther process of buying out my lease. I heard this guy talking to another one about adding a $395 disposition fee + $75 some other fee.

My contract clearly notes disposition fee applocable only if you donot purchase the vehicle. But Im purchasing it. Not sure why they are adding this.

Whoever bought their lease, did you guys also pay these fees?

**Update**
They are calling this 395 as the doc fee! Im asking for more information


I'll again state my position that it doesn't matter what names they make up for their "itemized list". That's just their little playground to move numbers around and dazzle you with bullshit. Don't let them try to entertain you with 2nd grade math. Just go by total price.

There's no point arguing with them over the validity of arbitrary "fees".

Just shop around to get the best price. If you get a good one, go for it, or touch base again witht the others to see if they can improve upon it.
I noticed you're still working with polymers.

LeftieBiker
Posts: 9234
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 29, 2018 2:08 pm

There is a purchase fee written into the lease contract to replace the "lease disposition fee", IIRC. The only ways to avoid it are to buy or lease another Nissan, or negotiate a buyout that negates the fee by being that much lower.
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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