Did you buy or lease ?

My First Leaf : Bought
38%
159
My First Leaf : Leased
56%
237
Not my First Leaf : Bought
2%
7
Not my First Leaf : Leased
5%
19
 
Total votes: 422
User avatar
planet4ever
Posts: 4674
Joined: Sat Apr 03, 2010 9:53 pm
Delivery Date: 02 May 2011
Leaf Number: 1537
Location: Morgan Hill, CA, south of San Jose

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

Fri Apr 12, 2013 10:26 pm

midelectric wrote:I think a substantially updated LEAF will be available in 2015 so I look forward to possibly purchasing one then if it has a battery TMS.
There may or may not be a substantial update for 2015, but I think we can say fairly confidently that it will not have a battery TMS, if by that you mean a liquid cooling system. A top Nissan engineering executive said in Phoenix that Nissan has no interest in moving to liquid cooling of the battery. He left the window slightly open for possible active air cooling.

Ray
End of April 2013: Traded my 2011 SL for a 2013 S with charge pkg.

User avatar
planet4ever
Posts: 4674
Joined: Sat Apr 03, 2010 9:53 pm
Delivery Date: 02 May 2011
Leaf Number: 1537
Location: Morgan Hill, CA, south of San Jose

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

Fri Apr 12, 2013 10:50 pm

stavtom wrote:I live in CA and it seems like after the rebates the Leaf S comes to 18800 (thinking I can get the dealer down to 17000 after the rebates?) Given this, why would people leasing the S? Seems like the current best deal people are getting for a lease is 5200 over two years and 30k max.
I think you are overlooking two points that make your lease to purchase comparison invalid:
  1. If you go for the three year lease you can get the $2500 rebate just like people who buy.
  2. Tax in California in included in the lease payments, and the taxes here are high. I find it hard to believe you could walk out the door on a purchase paying $18,800, let alone $17,000. My guess is more like $22,000 once you include tax and license.

stavtom wrote:Do people see the benefits of a lease being no repair cost the first two years, and the opportunity to buy a much better leaf in a few years? Otherwise it seems like the 5200 cost is about 1/3rd of what I can just buy and keep the car with.
In addition to the battery life issue already mentioned by others, there is the question of how much the car will be worth as a trade in if you buy it. Assuming you get a loan for the price of the car you are likely to be "under water" for a number of years. With a lease you are also paying for an insurance policy. You are basically guaranteed that the LEAF will be worth at least as much as the residual at the end of the lease. If it isn't, you walk away and NMAC has to eat the loss. If it is worth more than that, you buy it for the residual price and can turn around and sell it at market price if you want to.

Ray
End of April 2013: Traded my 2011 SL for a 2013 S with charge pkg.

johnqh
Posts: 139
Joined: Tue Apr 16, 2013 8:56 am
Delivery Date: 21 Apr 2013
Location: San Francisco, CA

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

Sun Apr 21, 2013 4:14 pm

Just bought a S w/ Charger package.

Several reasons to buy:

We are in San Francisco, with very mild weather. Ideal for battery life span.
It will be driven for about 7000 miles/year. We don't need 12k/year.
By buying, we are able to get 0.9% for 60 months financing vs 4.8% for leasing.

The next cost over three years is about 8800, including all fees and tax. At the end of 36 months, we have only about $12540 to pay.

DGTexan
Posts: 1
Joined: Wed Apr 24, 2013 10:56 am
Delivery Date: 15 Mar 2013

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

Wed Apr 24, 2013 11:12 am

I leased my LEAF for two reasons.
1: Less debt.
We needed a car for me and my girlfriend, we traded in two cars and got one so that she could sign for a house. I can't sign because I started at the Nissan Dealership here in Utah a few months ago and have to have 2 years of commission work to be able to co-sign and have an "Average Income". Anyway, she had over 6 grand in negative equity, so a lease helps us out there (in 2 years, all that neg is gone). We got the huge debt for a cheap car out of her name, and I only have one car under mine.
2: The technology is rapidly improving compared to internal combustion engines.
Just between the 12 and 13 model years, you have a slight increase in overall range, and a sharp drop in charge times with that 6.6kw onboard charger on the SV and SL models (yes, I am a car salesman who knows the Leaf well enough to actually inform, not just sell. we have 4 of our sales people here who drive leaf's. not including the 5 others in shop, service, and accounting who also drive leafs). After the first month I realized I'm not going to have much range anxiety, and I know that from experience showing me I could go another 12 miles when my guess-o-meter dropped to dashes after saying 9 miles left. I'm more confident with actually using the climate control, and I know I can average about 2 trees in a 20 mile round trip if I need to drive economically. Otherwise, I'm enjoying my car by taking turns fast, feeling the instant torque put me in my seat, and enjoying the quiet ride through the lovely Salt Lake scenery.
On a random note, I've gotten into the swing of selling cars, so I've started to look at the Zero motorcycle brand. Interesting stuff going on over there...

LEAFfan
Posts: 4828
Joined: Fri Apr 23, 2010 6:08 pm
Delivery Date: 08 Jun 2011
Leaf Number: 1855
Location: Phoenix Area

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

Wed Apr 24, 2013 4:59 pm

DG, please tell your customers that it is a 6.0kW charger, not 6.6. It isn't twice as fast as the 3.3.
2013 LEAF SV Del. 2/28/13
2013 LEAF World Record for Most Miles Driven On One Charge-188 miles/8.8 m/kW h
4.8 kW DC PV ($ .91/W fully installed)/ Dec., 2010

BestPal
Posts: 90
Joined: Wed Apr 03, 2013 3:38 pm
Delivery Date: 30 Mar 2013
Location: San Diego, CA

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

Wed Apr 24, 2013 11:20 pm

LEAFfan wrote:DG, please tell your customers that it is a 6.0kW charger, not 6.6. It isn't twice as fast as the 3.3.


Interesting, I got into a habit of saying 6.6 after the salesman that sold me the car. Leased, actually, for all the reasons already outlined in this thread. Yes, I went with a 6.6 charger option... or is it 6.0kW? Is it the charger's limit or is it the fact that EVSE's of today are mostly 30 amp and the charger could in theory pull 32 Amps thus cutting charging time in half and actually is a 6.6 but limited by most charging stations?
_ _ _ _
2013 Leaf S with 6.6kW charger and DC
23,000+ miles driven
4.3 miles/kwh dash average
20% of driving is on So-Cal freeways 65-75mph

BestPal
Posts: 90
Joined: Wed Apr 03, 2013 3:38 pm
Delivery Date: 30 Mar 2013
Location: San Diego, CA

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

Wed May 01, 2013 4:28 pm

LEAFfan wrote:DG, please tell your customers that it is a 6.0kW charger, not 6.6. It isn't twice as fast as the 3.3.


I was very curious about that and when I was at the dealership last night picking up my Leaf after some service done to it, I asked a Leaf tech and he said it actually is indeed a 6.6kW charger that is installed in 2013 models (optional on S).
_ _ _ _
2013 Leaf S with 6.6kW charger and DC
23,000+ miles driven
4.3 miles/kwh dash average
20% of driving is on So-Cal freeways 65-75mph

suwaneedad
Posts: 34
Joined: Fri Oct 28, 2011 11:34 am
Delivery Date: 23 Dec 2011
Leaf Number: 6638
Location: Atlanta

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

Sat May 18, 2013 5:45 am

In Georgia, leasing is THE way to go right now. Lessees enjoy a $5k state income tax credit. That's right, lessees. So a 24 month lease equates to getting a free LEAF. Combine gas vs. power savings, with the $5k tax credit, and if you lease an S you're getting paid to drive it, and if you lease an SV you're profiting a little bit...a penny a mile. Purchasing a LEAF right now in GA requires driving 100k miles before you're getting paid to drive it. Therefore, the lease. We bought our first at sticker, happily I might add, on 12/31/11. Heading out to lease a second LEAF this weekend. Not sure we need two EVs long-term, but confident we can utilize them around the household (4 drivers) effectively for the next two years. Thanks Nissan and the taxpayers of Georgia for the FREE RIDE during the next two years!
'12 White SV (own)
VIN 16638
12/31/11

1st bar lost at 19 months, 25.3k miles :(
2nd 2.5yrs, 32.9k miles :shock:
3rd 3.5yrs, 44.9k miles :mrgreen:
4th 4.25yrs, 53.5k miles :mrgreen:
NEW PACK via warranty at 4.6 years, 57.0k miles :mrgreen:

Foible
Posts: 29
Joined: Thu May 16, 2013 6:22 am
Delivery Date: 15 May 2013

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

Mon May 20, 2013 6:56 am

I leased my Leaf here in Oregon. I put 1999 down and am paying 106 a month for a total over two years of 4437. Fed Gov is paying more for me to drive my car than I am.

I think the government incentives are a good reason to lease. Incentives on new cars crush the resale value of competing used cars, if Fed Gov is still handing out checks in two years then my leaf isn't going to worth the 17k and change that Nissan is predicting.

Jim
Posts: 36
Joined: Thu May 02, 2013 8:31 am
Delivery Date: 03 May 2013
Location: Saginaw, Tx

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

Mon May 20, 2013 9:26 am

I leased my first Leaf, Model S with the charging package, two year lease. I was looking for a more fuel efficient vehicle and when I started researching I found the Leaf. With Nissan offering a lease for $199/mo I figured I would give it a shot. I hadn't even driven one before I signed the paperwork. I did sit in one at the Dallas Auto Show, though. I figured in two years if I liked it I could buy/lease another, preferably with more range, or turn it in if I found it didn't suit me.

So far I love the car. I just need to stop driving it so much so I don't go over on the mileage. :D
Jim

2013 Model S w/charge package
Metallic Slate

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