Did you buy or lease ?

My First Leaf : Bought
37%
149
My First Leaf : Leased
58%
234
Not my First Leaf : Bought
1%
4
Not my First Leaf : Leased
4%
16
 
Total votes: 403
Yodrak
Posts: 492
Joined: Thu Jun 17, 2010 7:01 am
Delivery Date: 12 Mar 2015
Leaf Number: 402954
Location: St Louis, MO

Re: Poll : The official 2013 "Did you Lease or Buy?" thread

Wed May 13, 2015 9:31 am

I bought. Used.
Khun Yodrak
2013 SL

cynicl12000
Gold Member
Posts: 6
Joined: Sun Dec 13, 2015 1:59 am
Delivery Date: 12 Dec 2015
Leaf Number: 420597
Location: Portland, OR

Re: Poll : The official 2013 "Did you Lease or Buy?" thread

Tue Dec 29, 2015 3:36 pm

^^ X 2
2013 SV Premium Pkg QC | 22,300 miles at time of purchase 12/12/2015 | LeafSpy as of 12/29/2015 SOH: 95% Hx: 96.39% AHr: 62.66

arnis
Posts: 848
Joined: Sat Jan 23, 2016 3:21 pm
Delivery Date: 23 Jul 2014
Leaf Number: 015896
Location: Estonia, Europe

Re: Poll : The official 2013 "Did you Lease or Buy?" thread

Fri Mar 25, 2016 9:48 am

Is it also called leasing if I pay every month and after 5 years (60 months) of successfully doing so vehicle will be mine?
Short range EVs <30kWh -- Medium range: 30-60kWh -- Long range: >60kWh
Charging: Trickle <3kW -- Normal 3-22kW -- Fast 50-100kW -- Supercharging >100kW

dhanson865
Moderator
Posts: 1492
Joined: Wed May 25, 2011 7:12 am
Leaf Number: 16156
Location: Tennessee

Re: Poll : The official 2013 "Did you Lease or Buy?" thread

Fri Mar 25, 2016 3:39 pm

arnis wrote:Is it also called leasing if I pay every month and after 5 years (60 months) of successfully doing so vehicle will be mine?


In English we call that "financing" and so long as you intend to keep it instead of turning it back in to the manufacturer or whoever is taking your payments you can say you "bought" it.
Blue 2012 Leaf 195/65/15 tires, 15" Rims
Silver 2012 Leaf 16" stock wheels
wiki/index.php?title=Real_World_Battery_Capacity_Loss
(efficiency 3.x KW vs 6.x KW)
please join Truedelta.com and input your repairs.

arnis
Posts: 848
Joined: Sat Jan 23, 2016 3:21 pm
Delivery Date: 23 Jul 2014
Leaf Number: 015896
Location: Estonia, Europe

Re: Poll : The official 2013 "Did you Lease or Buy?" thread

Fri Mar 25, 2016 5:31 pm

I see. In EU usually bank buys the vehicle (pays 100% to manufacturer on the first day).
Agreement says that until the last cent hasn't been paid back real owner is the bank.
It is also possible to choose not to pay "residual" value 10-15%. Vehicle will be taken away.
Financially it is always reasonable to buy the vehicle and then sell on the next day (if ever).
For example German site: http://www.mobile.de/?lang=en
Or my local: http://eng.auto24.ee/kasutatud/nimekiri ... tsi=search
Dealers and private sellers use the same portals. Everybody pays small fee to site owners (1-5€ per car).

So selling a vehicle costs almost nothing. All you have to do is answer calls and let others do test drives.
To sell all you have to do is log in at Road Administration website , click "ownership transfer";
Then receive the money from whoever wants the vehicle and then click "confirm transaction";
New owner gets documents by mail within few days.
So selling a vehicle takes literally less than 5 minutes (plus 10 minutes to click check-boxes and take some photos for the ad) :)
Short range EVs <30kWh -- Medium range: 30-60kWh -- Long range: >60kWh
Charging: Trickle <3kW -- Normal 3-22kW -- Fast 50-100kW -- Supercharging >100kW

dhanson865
Moderator
Posts: 1492
Joined: Wed May 25, 2011 7:12 am
Leaf Number: 16156
Location: Tennessee

Re: Poll : The official 2013 "Did you Lease or Buy?" thread

Sat Mar 26, 2016 6:10 pm

arnis wrote:I see. In EU usually bank buys the vehicle (pays 100% to manufacturer on the first day).
Agreement says that until the last cent hasn't been paid back real owner is the bank.
It is also possible to choose not to pay "residual" value 10-15%. Vehicle will be taken away.


If there is a residual we call it a "lease"
If there isn't we call it "financing"

Either way some company has their name on the title and you share ownership with them until pay the last payment and there is no outstanding debt.

If you pay in full it is "bought", if you "finance" you are "buying" until you "pay it off".

If you "lease" you may or may not "pay it off" so we don't consider that buying until you decide to pay the residual.
Blue 2012 Leaf 195/65/15 tires, 15" Rims
Silver 2012 Leaf 16" stock wheels
wiki/index.php?title=Real_World_Battery_Capacity_Loss
(efficiency 3.x KW vs 6.x KW)
please join Truedelta.com and input your repairs.

kennethbokor
Gold Member
Posts: 68
Joined: Mon Mar 14, 2016 12:35 pm
Delivery Date: 30 May 2018
Location: Caledon, ON Canada
Contact: Twitter

Re: Poll : The official 2013 "Did you Lease or Buy?" thread

Tue Mar 13, 2018 5:27 am

dhanson865 wrote:
arnis wrote:I see. In EU usually bank buys the vehicle (pays 100% to manufacturer on the first day).
Agreement says that until the last cent hasn't been paid back real owner is the bank.
It is also possible to choose not to pay "residual" value 10-15%. Vehicle will be taken away.


If there is a residual we call it a "lease"
If there isn't we call it "financing"

Either way some company has their name on the title and you share ownership with them until pay the last payment and there is no outstanding debt.

If you pay in full it is "bought", if you "finance" you are "buying" until you "pay it off".

If you "lease" you may or may not "pay it off" so we don't consider that buying until you decide to pay the residual.



Yes, also within financing option they've got this "balloon payment" amount, which means they take this amount off of the final total and then figure out the financing payments based on the final total less this balloon amount. Then you make your finance payments as normal for the selected Term/Rate and at the end pay this balloon amount. This is not a lease but a way to purchase finance and get your monthly payments down. I've not looked at the Total Borrowing Costs in this method but it did not interest me.

Just something else they throw at us here in North America.
---------
New Leaf Owner: Just ordered Feb 24 2018, 2018 Leaf SL in Jade Frost. Expected ETA by May 30 2018.

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