pointlomadave
Posts: 83
Joined: Mon May 06, 2013 9:04 pm
Delivery Date: 30 Apr 2013

Re: HEY!!! SELL YOUR LEAF! Temp price spike on used Leafs to end SOON!!!

Thu Nov 16, 2017 8:08 am

BrockWI wrote:As we are looking right now I can add that in North East Wisconsin there are no new Leaf's within 400 miles of us (none in Milwaukee, Minneapolis or Chicago). I talked to two dealers and both said they can't get a new 17's and I should wait for the 18's. I also did notice the price creep up on the used ones, but I hope to wait to see what happens with the 18's before moving on to a Bolt. We will be keeping our 13 for our soon to be driver...


I was saving our 2013 Leaf for our daughter but she refused to drive herself to school. So I sold it out from under her ungrateful self and gave her back her original teen car which was a 2002 Insight I had bought for her. Funny thing, right after I sold the Leaf she started warming up to driving. My threats to sell the car didn't make a difference but now she is complaining about driving the Insight. It is pretty archaic.

SageBrush
Posts: 1496
Joined: Sun Mar 06, 2011 2:28 am
Delivery Date: 13 Feb 2017
Location: Colorado

Re: HEY!!! SELL YOUR LEAF! Temp price spike on used Leafs to end SOON!!!

Thu Nov 16, 2017 8:15 am

OP has good points and it seems to be true that used LEAF prices have gone up, at least in CA.

I'm not convinced that changes in the federal tax credit are going to affect the used LEAF market very much in 2018 because the supplemental 10-15k discount Nissan was offering on the 2017 models will not be in play.
People will not be comparing $7-$9k used LEAFS to $10k new LEAFS; the new LEAF will cost $20 - $25k even if the federal tax credit is retained.

Speaking only for myself,
I bought my used LEAF at a bargain price and I'm good until the car dies. The $1-2k possible jump in used prices is no where near enough to tempt me to putz around with selling my car, opening myself up to taxes and accelerated depreciation on a new(er) car, and paying higher insurance rates for the privilege. People who *want* to sell their cars regardless and are timing the market should be interested in OP's remarks.
Last edited by SageBrush on Thu Nov 16, 2017 8:52 am, edited 1 time in total.
2013 Model 'S' with QC & rear-view camera
Bought off-lease Jan 2017 from N. California with 63.9 Ahr after 22k miles
Car is now enjoying an easy life in Colorado

pointlomadave
Posts: 83
Joined: Mon May 06, 2013 9:04 pm
Delivery Date: 30 Apr 2013

Re: HEY!!! SELL YOUR LEAF! Temp price spike on used Leafs to end SOON!!!

Thu Nov 16, 2017 8:37 am

^^^Very true Sagebrush. A new 2017 Leaf was highly discounted during the Spring and Summer of 2017. A new 2018 will not have such deep discounts at least not early on for sure. However, losing the Fed tax rebate can only help/not hurt the prices of used EV's.

DaveinOlyWA
Posts: 12331
Joined: Sat Apr 24, 2010 7:43 pm
Delivery Date: 10 Nov 2016
Leaf Number: 314199
Location: Olympia, WA
Contact: Website

Re: HEY!!! SELL YOUR LEAF! Temp price spike on used Leafs to end SOON!!!

Thu Nov 16, 2017 1:01 pm

pointlomadave wrote:So, I just sold my 2013 Leaf S a few weeks ago for $7k with 55k miles. I couldn't get anyone to come over and look at it 6 months earlier for $6k when it had 46k miles. A quick check on KBB confirmed that values were indeed up and still are after another check.. Seeing as u can't really buy a new Leaf right now, people can't cross shop a brand new Leaf with all the associated rebates with a used Leaf. Use that to your advantage! We bought a 2017 Leaf in March for $9300 + tax & fees (for a fully optioned Leaf S MSRP of $34k) post state and federal rebates.

The new 2018 Leaf being slightly cheaper and having more range could be the nail in the coffin for the used market four our cars.

Now, other consideration is that the GOP tax plan has a provision to end the Federal Tax rebate of $7500 for 2018 and later EV purchases. So, that could work in our favor for resale value...so stay abreast of that issue as changes/revisions are made to the law. I follow political stuff quite closely and the EV issue is far down the list of "reportable" and "news-worthy" info to most. So, you'll have to find the latest copy of the bill should it pass to determine your course of action.

If the GOP tax plan doesn't pass, the $7500 Fed rebate will remain and I'd say sell your Leaf ASAP while demand is high and prices have spiked several thousand dollars...and BEFORE 2018 Leafs hit lots!

Keep in mind...ANYONE who wants a Leaf right now MUST by USED! That will not be the case in just a month's time.

P.S. Further clouding the issue is that fact that 2016 and older Leafs will lose HOV (Carpool Lane) access in California in Jan 2019...a little less than 1 year away. 2017 and later EV's can extend that by 3-5 years and will be issued a new sticker. Also, the CA $2500 rebate is currently not funded meaning it is deterring people from new EV's even more so.

Discuss!


Know a guy who bought a 2013 SL for $7500 in like April or May of this year. Same car is now worth $11,000. Aint that a kick! :)
2011 SL; 44,598 miles. 2013 S; 44,840 miles.2016 S30 (build 10/2016)"low water marks" 27,000 miles.363GID Ahr 79.13Hx95.17%kwh28.1QCs238,L2's 251
My Blog; http://daveinolywa.blogspot.com" onclick="window.open(this.href);return false;

DaveinOlyWA
Posts: 12331
Joined: Sat Apr 24, 2010 7:43 pm
Delivery Date: 10 Nov 2016
Leaf Number: 314199
Location: Olympia, WA
Contact: Website

Re: HEY!!! SELL YOUR LEAF! Temp price spike on used Leafs to end SOON!!!

Thu Nov 16, 2017 1:11 pm

pointlomadave wrote:
LeftieBiker wrote:The last time I looked, last week, there were about 55 Leafs in stock at dealers.


This site shows that Leaf avail is rapidly dwindling. Will prob be only several dozen sold nationwide in November. We'll see in a few weeks. I'm sure most those are buried on Dealer lots somewhere obscure. And, loaded with a ton of dealer add ons like window etching, LoJack, etc.

55 Leafs avail is virtually 1 car per state...as good as sold out.

https://insideevs.com/monthly-plug-in-sales-scorecard/


As of this morning there are just over 500 2017's on the lot. Nissan is finally realizing that their timing sucks balls and is making rumblings about moving up the 2018 timetable...
2011 SL; 44,598 miles. 2013 S; 44,840 miles.2016 S30 (build 10/2016)"low water marks" 27,000 miles.363GID Ahr 79.13Hx95.17%kwh28.1QCs238,L2's 251
My Blog; http://daveinolywa.blogspot.com" onclick="window.open(this.href);return false;

LeftieBiker
Posts: 7385
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: HEY!!! SELL YOUR LEAF! Temp price spike on used Leafs to end SOON!!!

Thu Nov 16, 2017 2:06 pm

U obviously don't know how dealer trades work. Let me help you out. BOTH, and I mean BOTH dealers have to want to do the trade. It has to benefit both of them. Hard enough to do as dealers hate the process, and normally they will trade only with a dealer within a couple hour's drive and make the salesman do the driving.


Anyone with a new '17 Leaf on their lot will be willing to give it up by now. Most dealers with a customer willing to buy or lease a '17 Leaf and nothing else will try to get it. It does depend on the dealer, but most areas have at least one dealer who will do it. I never worked in the retail car sales business, but I'm pretty familiar with it. But hey, this seems to be my day to get told off, so have at it!
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.

jake14mw
Posts: 46
Joined: Sun Nov 12, 2017 9:53 pm
Delivery Date: 13 Nov 2017
Location: Connecticut, USA

Re: HEY!!! SELL YOUR LEAF! Temp price spike on used Leafs to end SOON!!!

Thu Nov 16, 2017 2:57 pm

All I know is that the supply of used Leafs to buy is much less now than it was 12-18 months ago and prices are higher. A year ago, our local dealerships usually had multiple used Leafs each for sale, and they stayed on their lots for a long time. Now, they have none. When I do a search on Autotrader and put in Nissan Leaf New or Used, any year, within 50 miles of central CT, which basically covers the state, I get 7 matches. 0 new, 7 used. If someone is looking for an affordable new or used Electric car in CT, what are the options? Tesla is not affordable. Bolt is not widely available. And now Leafs are not available. The simple law of supply and demand says that prices will go up, and they have.

One other thing. I guess in the states that have high tax incentives, it may be some of the same buyers in the market for either a new or used Leaf, but in a state like CT, the price difference between a new and used Electric car is very great. I don’t see the same people being in the market for both, so I’m not sure how much the availability of New Leafs will matter there, other than when they do become available, maybe many existing Leaf drivers may sell their old ones when they can get a new one.

Does anyone know about the sales figures and if there is any point in time coming up where there will be a spike of Leafs coming off lease?

LeftieBiker
Posts: 7385
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: HEY!!! SELL YOUR LEAF! Temp price spike on used Leafs to end SOON!!!

Thu Nov 16, 2017 3:45 pm

When I do a search on Autotrader and put in Nissan Leaf New or Used, any year, within 50 miles of central CT, which basically covers the state, I get 7 matches. 0 new, 7 used. If someone is looking for an affordable new or used Electric car in CT, what are the options?


Try putting in 100 miles instead of 50, and plan on driving slow and recharging for a few hours. I'd also get 0 new Leafs if I put in 50 miles.
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.

Reddy
Posts: 1444
Joined: Fri Feb 11, 2011 3:09 pm
Delivery Date: 18 Aug 2011
Leaf Number: 006828
Location: Pasco, WA

Re: HEY!!! SELL YOUR LEAF! Temp price spike on used Leafs to end SOON!!!

Thu Nov 16, 2017 3:47 pm

Ok, I'll bite. Anybody want a single owner, 9-bar, 2011 SL with 42,000 mi? I'll let it go cheap for $15,000. Perfect condition, well, except a few dings.
Reddy
2011 SL; 9 bar, 45.80 AHr; 43,000 mi; rcv'd Aug 18, 2011
Long: http://www.mynissanleaf.com/viewtopic.p ... al#p226115"
Cold: http://www.mynissanleaf.com/viewtopic.p ... 60#p243033"

jake14mw
Posts: 46
Joined: Sun Nov 12, 2017 9:53 pm
Delivery Date: 13 Nov 2017
Location: Connecticut, USA

Re: HEY!!! SELL YOUR LEAF! Temp price spike on used Leafs to end SOON!!!

Fri Nov 17, 2017 10:31 am

Any new information on when the 2018s should be widely available? I tried a google search and all I found was information from September. If I understand correctly, initial supplies of EV cars usually go to CA and the other EV friendly states. Does anyone think that this will cause a significant number of used Leafs to come on the market?

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