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 5:24 pm

The salesman gave me a call and they finally agreed to not charge an additional $395 but instead do the $300 purchase option + $75 nissan fee.

So the price is coming to
$10800 + $300 + $75 + 6.25% tax + $341

He is throwing in detailing and extra car wash.

I guess this is the best I can get afer trying out other dealerships. I had to literally send the other dealers the Leaf GPO discount quote and even then they had no clue. :(

Anyways. This is the best I got and Im cool with it

I have one more important question. I guess this is specifically for Texas buyers - I was under the impression that texas leasees pay the full sales tax upfront so we dont have to pay sales tax again? I brought this up but the finance manager was adamant saying we pay the sales tax only on the leased portion. We are required to pay tax on the residual when you buy it.

Almost all online forums say texas leases suck big time because of upfront sales tax. And my lease contract doesnt show any sales tax so it looks like i didnt pay any tax! Can somebody please clarify this?

blueblob06
Posts: 37
Joined: Fri Aug 24, 2012 8:10 am
Location: Cincinnati, OH
Contact: Website

Re: End of Lease Strategies?

Mon Jul 02, 2018 10:59 am

My lease is ending in Sept. I have a 2015 Leaf SV.

Residual Value: $10,118.10

Excuse my ignorance but my understanding is if I wanted to buy the car, I'd owe Nissan $10,118.10 + TTL + any other BS fee the dealer makes up that I can't talk them out of, correct?

My wife knows I'm adamant about having an EV, whether it's this one or another, but she wants one with longer range. I'm learning towards keeping this one and paying it off quickly so we have no car payments :D . It only has 30K miles on it and battery is at 12 bars. It has the Around View Monitor and Bose system (no quick charge though). For a 2015, hard to beat that. Do wish it had the range of the new ones but not looking to start over buying a new car.
Got a 2015 Black Leaf SV 9-8-15 - 3 yr Lease
Cincinnati, OH

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

Re: End of Lease Strategies?

Mon Jul 02, 2018 12:15 pm

I bought my lease for the price quoted below. I am also posting an image that shows Leaf buyout incentives available between July1st to 9th here https://imgur.com/a/meScTR2. I am a newbie and not sure if the image uploaded well. Let me know

leafer007 wrote:The salesman gave me a call and they finally agreed to not charge an additional $395 but instead do the $300 purchase option + $75 nissan fee.

So the price is coming to
$10800 + $300 + $75 + 6.25% tax + $341

He is throwing in detailing and extra car wash.

I guess this is the best I can get afer trying out other dealerships. I had to literally send the other dealers the Leaf GPO discount quote and even then they had no clue. :(

Anyways. This is the best I got and Im cool with it

I have one more important question. I guess this is specifically for Texas buyers - I was under the impression that texas leasees pay the full sales tax upfront so we dont have to pay sales tax again? I brought this up but the finance manager was adamant saying we pay the sales tax only on the leased portion. We are required to pay tax on the residual when you buy it.

Almost all online forums say texas leases suck big time because of upfront sales tax. And my lease contract doesnt show any sales tax so it looks like i didnt pay any tax! Can somebody please clarify this?

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?

Mon Jul 02, 2018 1:38 pm

Thanks for posting that! I don't believe we've ever seen an actual list from NMAC.
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.

Oils4AsphaultOnly
Posts: 445
Joined: Sat Oct 10, 2015 4:09 pm
Delivery Date: 20 Nov 2016
Leaf Number: 313890
Location: Arcadia, CA

Re: End of Lease Strategies?

Mon Jul 02, 2018 2:15 pm

Not an end-of-lease strategy, but a purchase of someone else's lease return that might help with those end-of-lease discussions.

Just scored a 2016 SV with over 35,000 miles. Total of $14,450 + TTL. Not a great deal, but that was below what the used car sites were listing them for.
:: 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

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?

Mon Jul 02, 2018 3:51 pm

blueblob06 wrote:My lease is ending in Sept. I have a 2015 Leaf SV.

Residual Value: $10,118.10

Excuse my ignorance but my understanding is if I wanted to buy the car, I'd owe Nissan $10,118.10 + TTL + any other BS fee the dealer makes up that I can't talk them out of, correct?

My wife knows I'm adamant about having an EV, whether it's this one or another, but she wants one with longer range. I'm learning towards keeping this one and paying it off quickly so we have no car payments :D . It only has 30K miles on it and battery is at 12 bars. It has the Around View Monitor and Bose system (no quick charge though). For a 2015, hard to beat that. Do wish it had the range of the new ones but not looking to start over buying a new car.


By accounts here, 2015 is considered to have the most durable LEAF battery so far.
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?

Mon Jul 02, 2018 7:10 pm

There is a $300 purchase option fee that is listed on my lesse contract. But you can definitely talk about other fees, push them as hard as you can.

I think overall, 10118 is a pretty good deal. I am not sure how much you have already paid?

Nubo wrote:
blueblob06 wrote:My lease is ending in Sept. I have a 2015 Leaf SV.

Residual Value: $10,118.10

Excuse my ignorance but my understanding is if I wanted to buy the car, I'd owe Nissan $10,118.10 + TTL + any other BS fee the dealer makes up that I can't talk them out of, correct?

My wife knows I'm adamant about having an EV, whether it's this one or another, but she wants one with longer range. I'm learning towards keeping this one and paying it off quickly so we have no car payments :D . It only has 30K miles on it and battery is at 12 bars. It has the Around View Monitor and Bose system (no quick charge though). For a 2015, hard to beat that. Do wish it had the range of the new ones but not looking to start over buying a new car.


By accounts here, 2015 is considered to have the most durable LEAF battery so far.

blueblob06
Posts: 37
Joined: Fri Aug 24, 2012 8:10 am
Location: Cincinnati, OH
Contact: Website

Re: End of Lease Strategies?

Tue Jul 03, 2018 9:16 am

leafer007 wrote:There is a $300 purchase option fee that is listed on my lesse contract. But you can definitely talk about other fees, push them as hard as you can.

I think overall, 10118 is a pretty good deal. I am not sure how much you have already paid?

Nubo wrote:
blueblob06 wrote:My lease is ending in Sept. I have a 2015 Leaf SV.

Residual Value: $10,118.10

Excuse my ignorance but my understanding is if I wanted to buy the car, I'd owe Nissan $10,118.10 + TTL + any other BS fee the dealer makes up that I can't talk them out of, correct?

My wife knows I'm adamant about having an EV, whether it's this one or another, but she wants one with longer range. I'm learning towards keeping this one and paying it off quickly so we have no car payments :D . It only has 30K miles on it and battery is at 12 bars. It has the Around View Monitor and Bose system (no quick charge though). For a 2015, hard to beat that. Do wish it had the range of the new ones but not looking to start over buying a new car.


By accounts here, 2015 is considered to have the most durable LEAF battery so far.

I've paid $319/mth for (soon to be) 36 months. Plus a $1,500 down payment. That total will be $12,984 so if I buy it for $10,118, I'll have paid a total of $23,102 (plus TTL and fee) for a car that had a MSRP of $34,890! Differences between those two numbers are the tax credit, dealer discounts, and a small amount for a car I traded in.
Got a 2015 Black Leaf SV 9-8-15 - 3 yr Lease
Cincinnati, OH

72andsunny
Posts: 11
Joined: Fri Apr 14, 2017 9:53 pm
Delivery Date: 23 Oct 2015

Re: End of Lease Strategies?

Tue Jul 03, 2018 10:33 am

leafer007 wrote:I bought my lease for the price quoted below. I am also posting an image that shows Leaf buyout incentives available between July1st to 9th here https://imgur.com/a/meScTR2. I am a newbie and not sure if the image uploaded well. Let me know

leafer007 wrote:The salesman gave me a call and they finally agreed to not charge an additional $395 but instead do the $300 purchase option + $75 nissan fee.

So the price is coming to
$10800 + $300 + $75 + 6.25% tax + $341

He is throwing in detailing and extra car wash.

I guess this is the best I can get afer trying out other dealerships. I had to literally send the other dealers the Leaf GPO discount quote and even then they had no clue. :(

Anyways. This is the best I got and Im cool with it

I have one more important question. I guess this is specifically for Texas buyers - I was under the impression that texas leasees pay the full sales tax upfront so we dont have to pay sales tax again? I brought this up but the finance manager was adamant saying we pay the sales tax only on the leased portion. We are required to pay tax on the residual when you buy it.

Almost all online forums say texas leases suck big time because of upfront sales tax. And my lease contract doesnt show any sales tax so it looks like i didnt pay any tax! Can somebody please clarify this?


Thanks for that. My residual is something like $8900 on my 2015 S, so I’m guessing I won’t be doing much better than that. How did all of you end up with such high residuals? Anyone get a lease extension recently?

User avatar
paulgipe
Gold Member
Posts: 227
Joined: Sat Aug 02, 2014 4:23 pm
Delivery Date: 20 Oct 2014
Leaf Number: 311200
Location: Bakersfield, CA 93305
Contact: Website

Re: End of Lease Strategies?

Tue Jul 03, 2018 11:15 am

I don't know if I've posted on this topic already, but I don't remember doing so.

We recvd a termination estimate that we'd owe Nissan $200-$300 for a small scratch on the rocker panel. We also had signed up for the extended lease.

However, we chose to lease a Bolt and once we did we turned in the Leaf. When we turned in the Leaf the Nissan agent looked over the car, checked the glove box for the manual, checked the trunk for the EVSE, took our two key fobs and had us sign some papers.

That was it. Later we got a message in the post that our lease was canceled. We never recvd a bill for the scratch or anything else.

Simple and pain free.

The lease of the new Bolt went equally as smoothly.

Paul
Bakersfield, California
2017 Bolt LT with DCFC, leased 11/09/17
2015 Nissan S with QC, leased, returned
2013 Chevy Volt Premium, used 10/3/16, sold
L2; ClipperCreek HCS-40; Jesla; JDapter Stub
http://www.wind-works.org

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