Pkelly47
Posts: 2
Joined: Wed Sep 13, 2017 9:28 am
Delivery Date: 13 Sep 2017

Negotiating Extending 24 Month Lease to Qualify for CA Rebate

Wed Sep 13, 2017 9:41 am

I've been tempted by all these great lease offers in the Bay Area...$59-$99/month, but noticed they're all for 24 months, too short to qualify for the CA rebate. I'm wondering what to expect when I go to a dealer and try to move them to a 30-36 month term. I would guess they're purposefully using this term to get people like me in the door. If anyone's had the experience of "upterming" to qualify for the lease please let me know how it went. General suggestions for negotiating this would also be welcome. Thanks.

LeftieBiker
Posts: 6783
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: Negotiating Extending 24 Month Lease to Qualify for CA Rebate

Wed Sep 13, 2017 10:24 am

It isn't usually hard to get a lease extension, especially if the reason is "I want to lease another Nissan next year." They won't especially want '17 Leafs returned, so the prospects should be good for at least one year's extension.
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.

BakoDuck
Posts: 33
Joined: Thu Jul 16, 2015 9:33 am
Delivery Date: 31 Jul 2015
Leaf Number: 326738
Location: Bakersfield, CA

Re: Negotiating Extending 24 Month Lease to Qualify for CA Rebate

Wed Sep 13, 2017 2:46 pm

LeftieBiker wrote:It isn't usually hard to get a lease extension, especially if the reason is "I want to lease another Nissan next year." They won't especially want '17 Leafs returned, so the prospects should be good for at least one year's extension.


@Leftie - the problem is the original lease term must be 30 months or longer in CA to qualify for the various state/local rebates.

I've wondered the same thing on why they would intentionally offer a lease term that precludes the lessor from qualifying for the rebates...

But everything is negotiable.

Cheers.

cwerdna
Gold Member
Posts: 6967
Joined: Fri Jun 03, 2011 4:31 pm
Delivery Date: 28 Jul 2013
Location: SF Bay Area, CA

Re: Negotiating Extending 24 Month Lease to Qualify for CA Rebate

Wed Sep 13, 2017 3:12 pm

BakoDuck wrote:
LeftieBiker wrote:It isn't usually hard to get a lease extension, especially if the reason is "I want to lease another Nissan next year." They won't especially want '17 Leafs returned, so the prospects should be good for at least one year's extension.


@Leftie - the problem is the original lease term must be 30 months or longer in CA to qualify for the various state/local rebates.


Correct. Eventually, CVRP folks added language about the original lease part.

I’d gone thru this saga before the language change. I had a pointer to it at viewtopic.php?p=444180#p444180. Originally I (and others) was told yes, I could qualify by extending my (original) 24 month lease to 36. Later they changed their mind. :(

So, at the 2 year mark, I returned my car.
BakoDuck wrote:I've wondered the same thing on why they would intentionally offer a lease term that precludes the lessor from qualifying for the rebates...

When I was in the market, a 2 year lease effective price per month even though it didn’t qualify for CVRP was cheaper than a 3 year lease with the $2500 deducted. There seemed to be a steep drop off in residual between years 2 and 3, making the lease for a 3 year quite expensive per month.

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

Pkelly47
Posts: 2
Joined: Wed Sep 13, 2017 9:28 am
Delivery Date: 13 Sep 2017

Re: Negotiating Extending 24 Month Lease to Qualify for CA Rebate

Wed Sep 13, 2017 4:43 pm

Thanks for the responses. I'm not sure I was clear when I used the term "extend". I don't have a current lease that I want to extend...instead I'm looking into my first lease. I'm wondering what to expect when I ask them for a 30 month lease instead of a 24 month lease so I can qualify for the rebate. I honestly wasn't really considering the Leaf until I came upon their amazing deals...with the rebate it would be too good to pass up.

LeftieBiker
Posts: 6783
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: Negotiating Extending 24 Month Lease to Qualify for CA Rebate

Wed Sep 13, 2017 8:46 pm

That sucks about the "original lease term." My suggestion then would be to look at third party leasing entities who will give you what you want.
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.

cwerdna
Gold Member
Posts: 6967
Joined: Fri Jun 03, 2011 4:31 pm
Delivery Date: 28 Jul 2013
Location: SF Bay Area, CA

Re: Negotiating Extending 24 Month Lease to Qualify for CA Rebate

Wed Sep 13, 2017 9:41 pm

I was in a hurry earlier today. viewtopic.php?p=420576#p420576 has a more useful link about my saga.

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

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