LeftieBiker
Posts: 6436
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: End of Lease Strategies?

Wed Dec 21, 2016 12:40 pm

The scratch has nothing to do with a lease extension. Get an estimate from a body shop, making sure they know it's for a lease return. Then, if NMAC wants to charge you more than the estimate, get it fixed. If you'll be buying or leasing another Nissan, they will forgive up to $500 in damage.
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.

pacifist
Posts: 3
Joined: Thu Sep 18, 2014 4:36 pm
Delivery Date: 18 Sep 2014

Re: End of Lease Strategies?

Wed Dec 21, 2016 1:11 pm

Thank you LeftieBiker!

I just read somewhere that they tend to forgive more if you go for extension or new deal. This sounds like plan!

LeftieBiker
Posts: 6436
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: End of Lease Strategies?

Wed Dec 21, 2016 10:02 pm

I don't think that a lease extension gets you any damage forgiveness (although it would be nice for me if they did!). Only buying or leasing another Nissan does that, AFAIK.
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: 11722
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?

Thu Dec 22, 2016 4:56 am

LeftieBiker wrote:I don't think that a lease extension gets you any damage forgiveness (although it would be nice for me if they did!). Only buying or leasing another Nissan does that, AFAIK.


+1 yeah, they make it VERY attractive to get another LEAF. with the extended battery capacity warranty and extra kwh, its tough.

Lease end fee; $395 waived
up to $500 in excessive wear and damage
$1000 loyalty cash.


hard to pass up...
2011 SL; 44,598 miles. 2013 S; 44,840 miles. 2016 S30; 16,015 miles. 363 GIDs, Ahr 81.90, Hx; 98.25% kwh 28.1 QCs 141, L2's 170
My Blog; http://daveinolywa.blogspot.com" onclick="window.open(this.href);return false;

P71VIC
Posts: 96
Joined: Wed May 16, 2012 9:31 am
Location: Maryland

Re: End of Lease Strategies?

Tue Dec 27, 2016 6:56 pm

P71VIC wrote:Hey folks,

Just thought I would post up what I was offered, but ultimately declined in favor of an attractive offer on a Spark EV.

I have a 2012 SL on a 24 month lease, with 2 extensions. I put $2000 down, and had payments of $127/m for what ended up being 48 months. The nut of all this was that I had a residual of around $19000, HA! After NMAC decided to stop talking in October, I spoke with a Leaf Specialist at a local Maryland dealer who ended up offering an all in buy out of $7100 which he claimed included all Maryland translation and registration fees. I ultimately did not press him for a detailed breakdown, because I went in another direction.
If I had not found the rebate rich deal on a Chevy Spark EV, I would have pulled the trigger on this proposed buy out. I have 10 bars left and 47,000 miles. I am sure feeling the cold weather range right now, and figure I must be due for the third bar dropping any day now.

I'll be driving the wheels off for the next 3 weeks. I have about 1,250 of miles left on the lease and a set of tires with about 7k miles on them.

The Spark EV is safely ensconced in the garage until Christmas. It is a fine car, still getting used to the matchbox size though. With 140hp, 320.ft/lbs of torque and a zero to sixty of around 7.5 seconds it is very very zippy compared to the Leaf.

On the Spark EV (LT2 with CCS fast charging), I was able to pull a 39 month lease with zero down, and 38 payments of $157/m. Buy out will be $10,300. With a temperature conditioned battery and fewer degradation concerns I have much or faith that this car will earn the buy out at the end of the process.


Turned her in with 47332 miles on Dec23rd as planned. It was tough as she was a good car. Enjoying my new car range with the 2016 Spark though. Sparkie is really zippy.

kkb
Posts: 9
Joined: Thu Oct 06, 2016 8:31 am
Delivery Date: 29 Dec 2014

Re: End of Lease Strategies?

Fri Dec 30, 2016 11:01 am

I e-mailed all the local dealers about a buyout of my 2015 SV expiring this month. Offers varied greatly, but I took one for $9000, more than $7300 off my reserve of $16,326. I had to pay a $699 processing fee and finance.

Dooglas
Posts: 144
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?

Fri Dec 30, 2016 4:19 pm

pacifist wrote:I just scratched my passenger door pretty badly (very mad at myself!)
Looks pretty well dented. I suspect you will be best off having it repaired. You have time so you can get competing quotes. Are you considering an insurance claim?
2013 Leaf SV - lease ended, 2016 Leaf S30

Dooglas
Posts: 144
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?

Fri Dec 30, 2016 4:23 pm

DaveinOlyWA wrote:
LeftieBiker wrote:I don't think that a lease extension gets you any damage forgiveness (although it would be nice for me if they did!). Only buying or leasing another Nissan does that, AFAIK.
+1 yeah, they make it VERY attractive to get another LEAF. with the extended battery capacity warranty and extra kwh, its tough.

Lease end fee; $395 waived
up to $500 in excessive wear and damage
$1000 loyalty cash.

hard to pass up...

Yes, and add in a large discount on remaining 30 kWh 2016s. It gets very attractive!
2013 Leaf SV - lease ended, 2016 Leaf S30

pasadenaleaf
Posts: 10
Joined: Tue Jan 03, 2017 1:41 pm
Delivery Date: 03 Jan 2017

Re: End of Lease Strategies?

Tue Jan 03, 2017 1:42 pm

I have a lease on a 2014 that's ending in April 2017.

I tried calling a few Nissan dealerships to buy out the lease and they told me there's no discounts ($144xx + fees) They told me the discounts are only available on the 2013 model. Is that true?

OakLeaf
Posts: 95
Joined: Tue Dec 11, 2012 1:00 pm
Delivery Date: 21 Nov 2012
Location: Telford, PA

Re: End of Lease Strategies?

Tue Jan 03, 2017 2:59 pm

Not sure about it being true only for a specific year (I would think that it's not), but I will say that my experience with getting dealers to negotiate a buyout price on our 2012 has been unsuccessful so far.

After contacting the 4 dealers in my surrounding area, the only number they seem willing to talk about is the lease residual price. I'm thinking it's going to be a bit of a slog to get them "educated" about their ability to negotiate the buyout, but I'm still hopeful of getting one since others here report being successful.

Good Luck to you, and to us all!

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