mageshh
Posts: 1
Joined: Fri May 05, 2017 9:14 am
Delivery Date: 05 May 2017

Fees/Chargets during Lease buyout

Fri May 12, 2017 10:31 am

Hello,
I am thinking of buying out my leaf lease. I am in CA. What are the typical fees associated with lease buyout. I know about the ones listed below. Is that all or there is more ? Do they change from region or the vehicle the deal is signed ?

1. The tax - based on sale price agreed
2. Registration fees 15$
3. Doc Fee $80
4. Salex tax on doc fee $6
5. EVR - $29

anything else ?

Thanks very much in advance,

eatsleafsandshoots
Posts: 66
Joined: Wed Oct 16, 2013 5:23 pm
Delivery Date: 16 Oct 2013
Location: Denver, CO

Re: Fees/Chargets during Lease buyout

Fri May 12, 2017 11:34 am

How much is your buyout? I'd be surprised if a '17 Leaf wasn't nearly as cheap in CA.

LeftieBiker
Posts: 6568
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: Fees/Chargets during Lease buyout

Fri May 12, 2017 11:46 am

I believe there is a $395 ($595?) buyout fee that is sometimes waived.
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.

RonDawg
Posts: 2634
Joined: Sat Jan 12, 2013 3:46 am
Delivery Date: 11 Jan 2013
Leaf Number: 027089
Location: SoCal

Re: Fees/Chargets during Lease buyout

Sat May 13, 2017 4:49 pm

Assuming this is done at or near lease-end, your registration fee is going to be a lot more than $15, particularly if it's done after the new gas tax hike takes effect. That legislation includes a flat $100 yearly fee for EVs. The $15 you mention is just to put the car in your name only.

https://www.dmv.ca.gov/wasapp/FeeCalcul ... cleForm.do is the website for calculating the approximate registration fee when you purchase the car from NMAC.
Blue Ocean 2012 Leaf SV, lost that 1st bar on 11/21/2015 at 26,435 miles.
Lease returned on 12/23/2015. Final LeafStat figures: 225 Gids, 17.44 kWH, SOC 91.89%, SOH 82.36%, 69.49% HX, 54.57 Ahr, battery temp 61.8 F
Now driving a 2015 VW eGolf SEL

cwerdna
Gold Member
Posts: 6852
Joined: Fri Jun 03, 2011 4:31 pm
Delivery Date: 28 Jul 2013
Location: SF Bay Area, CA

Re: Fees/Chargets during Lease buyout

Sat May 13, 2017 6:56 pm

LeftieBiker wrote:I believe there is a $395 ($595?) buyout fee that is sometimes waived.

On my lease contract, it mentioned the purchase fee was $300.

OP, make sure you're not overpaying for buying out your car.

https://sfbay.craigslist.org/search/cta ... _year=2014 can give you an idea. Change the model to whatever matches yours/what you'd like.

When I was near lease end in July 2015, Nissan was offering $6500 off buyout (http://insideevs.com/nissan-announces-u ... ased-leaf/) on my '13 SV w/both packages. Residual was a nutty $20,601. So - $6500 + $300 = $14,401. I could buy an identically equipped used Leaf of about the same age and mileage for $11K to $11.5K back then. No thanks.

Back the car went and I bought a used '13 Leaf SV w/premium only for $9,325 + tax and license (which was a lot more than $15).

Side note: If you're in PG&E-land, make sure you claim viewtopic.php?f=25&t=23235 while it's still registered to you.

'13 blue Leaf SV w/premium package (owned)
'13 blue Leaf SV w/QC + LED & premium packages (lease over, car returned)
'06 Prius

Return to “Buying / Leasing / Dealerships”