tommy382
Posts: 5
Joined: Thu Apr 13, 2017 1:54 pm
Delivery Date: 25 Jul 2015

Re: New MY18 Leaf Lease Extension program

Thu Apr 13, 2017 2:07 pm

The 3 free months sound too good to be true so I had to call and talk to couple of reps (including one from the leasing department) to be sure. I pretty much double-checked the following info w/ the reps and they all agreed w/ me. Hope this info helps you w/ similar situation.

1. Your 3 months credit will be applied right away - first 3 months after the original lease expiration date
2. If you terminate your lease extension before the 6 months period, you'll have to pay the 3 months credit back. This doesn't apply if you terminate your lease to get the new 2018 LEAF lease. If you terminate your lease to get a new leaf lease, you don't have to pay back the 3 months credit even if you haven't keep your extension lease for 6 or more months.

Concrete example:
A. My 2015 LEAF lease ends July 2017
B. My lease allowable millage is 18k miles / year
C. My lease payment is $370/month

With the lease extension offer, the following can happen:
i. My August, September, and October payments are $0
ii. I can pre-lease the 2018 LEAF in September 2017, vehicle will be delivered in March 2018.
iii. I am allowed 1500 miles per month (because of my 18k/year original lease)
iv. If I don't like the new 2018 LEAF pricing or for whatever reason, I can return the vehicle in January 2018 "no questions asked". This implies that I only need to pay for 3 months: Nov, Dec, and Jan and got Aug, Sep, and Oct for free (a $1110 saving)

LeftieBiker
Posts: 6554
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: New MY18 Leaf Lease Extension program

Thu Apr 13, 2017 2:46 pm

They've given 3 free months before on lease extensions.
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.

User avatar
DNAinaGoodWay
Gold Member
Posts: 2685
Joined: Mon Dec 17, 2012 1:43 am
Delivery Date: 03 Dec 2012
Leaf Number: 23156
Location: Central Massachusetts

Re: New MY18 Leaf Lease Extension program

Fri Apr 14, 2017 3:57 am

"Delivery in March 2018"? Don't know if I can wait that long, only to pay full MSRP when the Bolt will probably be heavily discounted by fall the way it's trending. Leaf 2 will have to be worth it.
'12 SL last reading @ 2 yr, 22k, 260 GIDs, 62.35 Ahr

'15 SV w/QC, Mfd 5/14, Leased 8/14, 292 GIDs, 64.38 Ahr when new

@ 25 months, 25k, 267 GID, 56.88 AHr
@ 36 months, 34k, 270 GID, 57.49 AHr


6.72 kW Array

LeftieBiker
Posts: 6554
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: New MY18 Leaf Lease Extension program

Fri Apr 14, 2017 12:20 pm

Yeah, I have no intention of driving another whole Winter with my car's reduced range and no warranty left. Nissan seems to have done too little, and far too late, here.
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.

swhang
Posts: 7
Joined: Thu Apr 27, 2017 6:45 am
Delivery Date: 27 Jun 2015

Re: New MY18 Leaf Lease Extension program

Thu Apr 27, 2017 6:50 am

My situation is very similar.

My Leaf lease ends June 27, 2017. I had put down a deposit for a Tesla 3. I don't know when I'll get that.... best case is fall 2017.

I called yesterday and they said I can extend the lease until March 2018 and I get 3 months free. That would mean I extend my lease by 9 months. A couple of questions...

- To get the 3 months free, you have to extend it by a minimum of 6 months? So instead of extending it by 9 months, I can extend it by only 6 and get 3 months free?
- Let's say extend it by 6 months and get 3 months free. The Tesla 3 doesn't come out in time. Could I do month to month after that until I get the Tesla 3?

Of course, if the Leaf 2018 is better than the Model 3, than I would strongly consider the Leaf.

Thanks all!

User avatar
OrientExpress
Forum Supporter
Posts: 943
Joined: Sun Aug 08, 2010 12:22 pm
Delivery Date: 10 May 2011
Leaf Number: 2331
Location: San Jose, Ca

Re: New MY18 Leaf Lease Extension program

Thu Apr 27, 2017 6:27 pm

I suspect that lease extenders will get first priorty for a new LEAF with deliveries starting by December.
2014 LEAF SV
Ocean Blue
Delivery May 23 2014
46,000+ miles - all 12 bars - Same range as new - No warranty issues ever!

LeftieBiker
Posts: 6554
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: New MY18 Leaf Lease Extension program

Thu Apr 27, 2017 8:35 pm

OrientExpress wrote:I suspect that lease extenders will get first priorty for a new LEAF with deliveries starting by December.


The difference between March 2018 and December 2017 is the difference between me leasing a Bolt, and leasing a Leaf with intent to eventually purchase. I am definitely NOT going to just hope for a December delivery, so I suggest that Nissan release info on the Leaf 2? well before September. Otherwise, when the Bolt gets reasonable to lease, I lease a Bolt. I'm sure there are many like me.
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.

tommy382
Posts: 5
Joined: Thu Apr 13, 2017 1:54 pm
Delivery Date: 25 Jul 2015

Re: New MY18 Leaf Lease Extension program

Fri Apr 28, 2017 7:12 am

swhang wrote:My situation is very similar.

My Leaf lease ends June 27, 2017. I had put down a deposit for a Tesla 3. I don't know when I'll get that.... best case is fall 2017.

I called yesterday and they said I can extend the lease until March 2018 and I get 3 months free. That would mean I extend my lease by 9 months. A couple of questions...

- To get the 3 months free, you have to extend it by a minimum of 6 months? So instead of extending it by 9 months, I can extend it by only 6 and get 3 months free?
- Let's say extend it by 6 months and get 3 months free. The Tesla 3 doesn't come out in time. Could I do month to month after that until I get the Tesla 3?

Of course, if the Leaf 2018 is better than the Model 3, than I would strongly consider the Leaf.

Thanks all!

My understanding is that you can just extend the lease for 6 months and get 3 months free. I'm not sure why on the extension contact, it said 12 months though. I would call them (800-854-3310) and ask to make sure.

tommy382
Posts: 5
Joined: Thu Apr 13, 2017 1:54 pm
Delivery Date: 25 Jul 2015

Re: New MY18 Leaf Lease Extension program

Fri Apr 28, 2017 7:21 am

I just called that number again and confirmed what I stated above is correct. This is the 3rd time (w/ 3 different rep) that I verified that info - it's too good to be true which is why I was skeptical :)

swhang
Posts: 7
Joined: Thu Apr 27, 2017 6:45 am
Delivery Date: 27 Jun 2015

Re: New MY18 Leaf Lease Extension program

Fri Apr 28, 2017 11:46 am

tommy382 wrote:I just called that number again and confirmed what I stated above is correct. This is the 3rd time (w/ 3 different rep) that I verified that info - it's too good to be true which is why I was skeptical :)


If that's true, then it is INCREDIBLE.

3 months free for a 6 month extension. Hopefully, my Model 3 will be here by then. If not, then I hope I can do month to month until it comes out.

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