qwerty11 wrote:It looks like I can get a new leaf for around $18k. One year old leafs are around 13k.
It could work depending on your situation and risk tolerance. Tax credit arbitrage was something that worked on the Volt a few years ago.
I ran some numbers assuming eligibility for tax credit and one of the $10K power company rebates.
2017SV approx price 34,000
negotiated discount - say 4000 off MSRP, so net purchase price is $30K
Tax is around $2500 in my state bringing the total to $32.5K
Power company rebate of 10K - net price of $22.5K
Full federal tax credit later - $7,500 - brings effective price to $15K.
Current trade in on a one year old 2016SV with 10,000 miles is in the $13K to $15K range, so it shouldn't cost you much more than a few thousand to make the one-year trade assuming you can negotiate a big discount up front.
That's a lot of assumptions, but you should know most of them up front.
By the way, the Volt arbitrage stopped working well when Gen 2 came out and the Gen 1 cars dropped in value much more than previously. Gen 2 Leaf is just around the corner.
2013 SL with Premium package - build date 5/13. 12 bar car with 38,000 miles and counting...
2014 Volt - 45,000+ miles