DaveinOlyWA
Posts: 13557
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 Dec 31, 2018 7:00 am

LeftieBiker wrote:Is this an S24 (kwh) or an S30?


IT would be a 24
2011 SL; 44,598 miles. 2013 S; 44,840 miles.2016 S30 deceased. 29,413 miles. 2018 S40; 15,000 miles, 478 GIDs, 37.0 kwh 109.81 Ahr , SOH 94.61, Hx 120.15
My Blog; http://daveinolywa.blogspot.com" onclick="window.open(this.href);return false;

Dooglas
Posts: 266
Joined: Thu Apr 03, 2014 10:08 pm
Delivery Date: 04 Jan 2017
Leaf Number: 314779
Location: Oregon City, OR

Re: End of Lease Strategies?

Mon Dec 31, 2018 10:56 am

leafygood wrote:When we start working with the dealerships on purchasing, what is a good ball park we should aim for based on the above information?

I think you will find zero flexibility in the cost of buyout at end of lease, when you begin "working with dealerships". There is a residual figure in your contract, and a buyout fee. NMAC is offering no buyout promotions at this time and there is no money in it for the dealership that would cause them to subsidize your buyout. About the only other thing to discuss is any additional fees including title transfer, registration, document fees, etc.
2013 Leaf SV - lease ended, 2016 Leaf S30 - purchased

LeftieBiker
Moderator
Posts: 10612
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: End of Lease Strategies?

Mon Dec 31, 2018 1:59 pm

DaveinOlyWA wrote:
LeftieBiker wrote:Is this an S24 (kwh) or an S30?


IT would be a 24


The 24, being the Lizard Pack, may make the car worth more, at least in some cases.
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.

DaveinOlyWA
Posts: 13557
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 Dec 31, 2018 6:24 pm

LeftieBiker wrote:
DaveinOlyWA wrote:
LeftieBiker wrote:Is this an S24 (kwh) or an S30?


IT would be a 24


The 24, being the Lizard Pack, may make the car worth more, at least in some cases.


Not worth it imm even if he was still at 99%. The range is just too little especially when you have EVs with double or triple the range.
2011 SL; 44,598 miles. 2013 S; 44,840 miles.2016 S30 deceased. 29,413 miles. 2018 S40; 15,000 miles, 478 GIDs, 37.0 kwh 109.81 Ahr , SOH 94.61, Hx 120.15
My Blog; http://daveinolywa.blogspot.com" onclick="window.open(this.href);return false;

Psyclonus
Posts: 39
Joined: Thu Jan 31, 2013 1:05 pm
Delivery Date: 31 Jan 2013
Leaf Number: 019080
Location: Omaha, NE
Contact: Website

Re: End of Lease Strategies?

Wed Jan 02, 2019 11:27 am

We're reaching the end of our lease this month on our 2016 SV. We have 33,000 miles on it (though we slowed down quite a bit after the first 7 months with the car, when we moved closer to my wife's employer). Payoff on the car is $12,900, and we leased for $0 down, $270/month. Dealers here are quoting me $400/month lease pricing now for new SVs, which seems crazy high, considering our 2012 SL and 2016 SV were both $270/month. I'm leaning toward just keeping the 2016, as I can finance it at 3% and that's $375/month for 36 months, cheaper than leasing a new car, and I get to keep/sell the car at the end of the 3 year period.

Am I missing something? I'm honestly shocked at how much the price has gone up vs. our previous two.

Dooglas
Posts: 266
Joined: Thu Apr 03, 2014 10:08 pm
Delivery Date: 04 Jan 2017
Leaf Number: 314779
Location: Oregon City, OR

Re: End of Lease Strategies?

Wed Jan 02, 2019 12:01 pm

LeftieBiker wrote:
DaveinOlyWA wrote:
LeftieBiker wrote:Is this an S24 (kwh) or an S30?

It would be a 24
The 24, being the Lizard Pack, may make the car worth more, at least in some cases.

You keep saying this but, all the current information which I see, appears to support that the chemistry of the 24 kwh and 30 kwh packs are the same. The results of reprogramming the charge monitoring circuitry in the 30 kwh Leafs also appears to support the conclusion that the rate of capacity loss for the 2 packs is about the same (which makes sense if the chemistry is the same).

https://flipthefleet.org/2018/30-kwh-ni ... reporting/
2013 Leaf SV - lease ended, 2016 Leaf S30 - purchased

LeftieBiker
Moderator
Posts: 10612
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: End of Lease Strategies?

Wed Jan 02, 2019 12:38 pm

Even if the chemistry is identical, the 30kwh pack has cells packed more densely, thus with worse cooling. From what I've seen I'd take a 24kwh pack over a 30.
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.

DaveinOlyWA
Posts: 13557
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 03, 2019 9:01 am

Psyclonus wrote:We're reaching the end of our lease this month on our 2016 SV. We have 33,000 miles on it (though we slowed down quite a bit after the first 7 months with the car, when we moved closer to my wife's employer). Payoff on the car is $12,900, and we leased for $0 down, $270/month. Dealers here are quoting me $400/month lease pricing now for new SVs, which seems crazy high, considering our 2012 SL and 2016 SV were both $270/month. I'm leaning toward just keeping the 2016, as I can finance it at 3% and that's $375/month for 36 months, cheaper than leasing a new car, and I get to keep/sell the car at the end of the 3 year period.

Am I missing something? I'm honestly shocked at how much the price has gone up vs. our previous two.


The reality is you are getting a much larger battery so yeah, the cost will be higher. I got mine when Nissan was still offering the full tax benefit and I am at $380 a month verses $245 a month for previous 2 leases. Incentives change. No two ways about that.

There are also indications that used EV prices are starting to rise. This is not completely unexpected as new entrants to EV driving are realizing even a degraded LEAF can cover their commuting needs with fuel costs covering as much as half the purchase price in just a few years.

The growing market of longer range used EVs will change that dynamic as I don't see used Bolts going for near premium prices due to their somewhat stripped down style. I am thinking this will push the "around 80 mile" EVs into a lower price point.
2011 SL; 44,598 miles. 2013 S; 44,840 miles.2016 S30 deceased. 29,413 miles. 2018 S40; 15,000 miles, 478 GIDs, 37.0 kwh 109.81 Ahr , SOH 94.61, Hx 120.15
My Blog; http://daveinolywa.blogspot.com" onclick="window.open(this.href);return false;

rcm4453
Posts: 231
Joined: Thu Aug 13, 2015 5:35 pm
Leaf Number: 304133
Location: Wayzata, MN

Re: End of Lease Strategies?

Thu Jan 03, 2019 11:46 am

Psyclonus wrote:We're reaching the end of our lease this month on our 2016 SV. We have 33,000 miles on it (though we slowed down quite a bit after the first 7 months with the car, when we moved closer to my wife's employer). Payoff on the car is $12,900, and we leased for $0 down, $270/month. Dealers here are quoting me $400/month lease pricing now for new SVs, which seems crazy high, considering our 2012 SL and 2016 SV were both $270/month. I'm leaning toward just keeping the 2016, as I can finance it at 3% and that's $375/month for 36 months, cheaper than leasing a new car, and I get to keep/sell the car at the end of the 3 year period.

Am I missing something? I'm honestly shocked at how much the price has gone up vs. our previous two.



I'm in the same situation. My dealer told me lease price is so high because residual is much lower now which translates into higher lease payments. Msrp isn't much different from what a 2016 SV was and what a 2019 SV is now it's all about the residual value being so low now!

Dooglas
Posts: 266
Joined: Thu Apr 03, 2014 10:08 pm
Delivery Date: 04 Jan 2017
Leaf Number: 314779
Location: Oregon City, OR

Re: End of Lease Strategies?

Thu Jan 03, 2019 12:25 pm

LeftieBiker wrote:Even if the chemistry is identical, the 30kwh pack has cells packed more densely, thus with worse cooling. From what I've seen I'd take a 24kwh pack over a 30.

Did you read the article I posted with my comment? If not, here is an interesting excerpt -

"This equation allows FTF to retrospectively apply the same “virtual update” to all the historical measures of SoH supplied by 151 owners of 30 kWh Leafs in the FTF database. The corrected SoH values decline at virtually the same rate as the 24 kWh Leafs. There is no longer any evidence of a statistical difference in reported SoH between the variants once the firmware upgrade is applied over the first 2.5 years since 30 kWh Leafs were manufactured."
2013 Leaf SV - lease ended, 2016 Leaf S30 - purchased

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