cwerdna
Gold Member
Posts: 6788
Joined: Fri Jun 03, 2011 4:31 pm
Delivery Date: 28 Jul 2013
Location: SF Bay Area, CA

Re: 2015 Nissan LEAF Last in Resale Value

Sat May 27, 2017 8:34 pm

silverone wrote:In this area, most listings of a late 2013 are still well over $10K. The cheapest 2013 S within 100 miles of my area is still $9K.

The Leaf is still as rare as a unicorn here.

In comparison w/my area where Leafs are very common (we have dozens at work):

https://sfbay.craigslist.org/search/cta ... _year=2013
https://sfbay.craigslist.org/search/cta ... _year=2014

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

TheDJV
Posts: 7
Joined: Fri Jun 02, 2017 6:46 am
Delivery Date: 02 Jun 2017

Re: 2015 Nissan LEAF Last in Resale Value

Thu Jun 08, 2017 11:01 am

I just got offered a 2015 S with 21k miles and 12 bars for $9975, Im seriously considering it.

4CloverLeaf
Posts: 25
Joined: Fri Mar 24, 2017 2:23 pm
Delivery Date: 23 Mar 2017
Location: Colorado

Re: 2015 Nissan LEAF Last in Resale Value

Fri Jul 07, 2017 1:51 pm

The analysis for this article is a joke and the data has been misused. Let me spin this a bit. I bought my 2017 with a $10,000 incentive, a $7,500 federal tax credit, a $5,000 state tax rebate, and a negotiated purchase price below MSRP. In total, I bought my Leaf for for 67.7% off MSRP. If I sell it for what they project as the most depreciated car down the road, I will have a gain on the car and appreciation instead of depreciation. That is not even counting any savings in fuel or maintenance. However, that is not going to happen and the car will be worth less. I am estimating that at four years old, with newer and better EVs available and no more federal tax credits, my car will be worth around $7,500. Still, that puts my total cost of ownership extremely low. In fact, I have spent more on wheels and tires for my BMW over a four year span of time.

leaftryer
Posts: 60
Joined: Sat Aug 27, 2011 1:22 pm
Location: Sacramento

Re: 2015 Nissan LEAF Last in Resale Value

Sun Jul 16, 2017 7:55 pm

4CloverLeaf wrote:The analysis for this article is a joke and the data has been misused. Let me spin this a bit. I bought my 2017 with a $10,000 incentive, a $7,500 federal tax credit, a $5,000 state tax rebate, and a negotiated purchase price below MSRP. In total, I bought my Leaf for for 67.7% off MSRP. If I sell it for what they project as the most depreciated car down the road, I will have a gain on the car and appreciation instead of depreciation. That is not even counting any savings in fuel or maintenance. However, that is not going to happen and the car will be worth less. I am estimating that at four years old, with newer and better EVs available and no more federal tax credits, my car will be worth around $7,500. Still, that puts my total cost of ownership extremely low. In fact, I have spent more on wheels and tires for my BMW over a four year span of time.


Most people don't have a $10K incentive available to them on top of the $7500 tax credit. Many don't even qualify for the entire $7500 federal credit.
I think used values will remain very low for this generation of Leaf as the very short range current EVs with quickly degrading batteries will look so antiquated in a few years as most new generation EVs will be 200 miles or more and not degrade nearly as quickly.

It will take a very low price for people to commit to purchasing a vehicle with only 80 miles or maybe much less usable range when better EVs start hitting used car market in large numbers.

I see dealers commonly listing CPO 2016 SVs and SLs in the $18.9 to $20K range and, even though I know that's only an asking price for starting negotiations, I don't even want to go look at them because the price seems so outrageously out of line to be worth even a few thousand less than that. The price needs to be lower to account for the inconvenience and costs I would have renting cars for trips longer than my work commute.
If I look at 2014s, I see more cars listed for well under $10K and at the lower pricing levels, it starts to more worth it even after factoring in some car rental costs and the hassle of picking up and returning rentals cars several times every year.

oilman300
Posts: 4
Joined: Sat Jul 01, 2017 8:05 pm
Delivery Date: 09 Jul 2017
Leaf Number: 331828
Location: Atlanta, GA area

Re: 2015 Nissan LEAF Last in Resale Value

Mon Jul 17, 2017 8:26 pm

The depreciation on the Leaf is the most I've seen for any vehicle. But because of it I was able to buy a CPO 2015 Leaf S with under 12000 miles for only $8500.00. If I drive it for 5 years and give it away, I've gotten my money's worth. I couldn't see buying a new one. With my income, I wouldn't get the full 7500 tax credit and Georgia did away with any state rebates too. So buying a used one gave me the most bang for the buck.

derkraut
Posts: 1481
Joined: Fri Jul 16, 2010 7:39 pm
Delivery Date: 14 Jun 2011
Leaf Number: 004248
Location: San Diego vicinity

Re: 2015 Nissan LEAF Last in Resale Value

Tue Jul 18, 2017 6:50 pm

Wise move, imho, oilman :)
Derkraut
Color: Cayenne SLE, ETEC trim
reserved: 5/15/2010
Leaf del. 6/14/2011
Updated on 7/15/2017, 8 bars @37.4K+mi. 100% charge: Bat temp 77.5F, Gids=181, S=96.56, C=43.50, H=45.28 Traction bat=392.5V, 12V battery =11.9V

hyperionmark
Posts: 55
Joined: Tue Jan 31, 2017 11:46 am
Delivery Date: 31 Jan 2017
Location: Nebraska

Re: 2015 Nissan LEAF Last in Resale Value

Wed Jul 19, 2017 11:56 am

oilman300 wrote:The depreciation on the Leaf is the most I've seen for any vehicle. But because of it I was able to buy a CPO 2015 Leaf S with under 12000 miles for only $8500.00. If I drive it for 5 years and give it away, I've gotten my money's worth. I couldn't see buying a new one. With my income, I wouldn't get the full 7500 tax credit and Georgia did away with any state rebates too. So buying a used one gave me the most bang for the buck.

That's an amazing price you got!

eatsleafsandshoots
Posts: 52
Joined: Wed Oct 16, 2013 5:23 pm
Delivery Date: 16 Oct 2013
Location: Denver, CO

Re: 2015 Nissan LEAF Last in Resale Value

Wed Jul 19, 2017 2:26 pm

Makes you wonder if there's an arbitrage opportunity by buying $5k Leafs in CA and selling them for $9k in OH or whatever.

silverone
Posts: 82
Joined: Sat Jan 02, 2016 4:29 pm
Delivery Date: 03 Jan 2017
Location: Eastern OH

Re: 2015 Nissan LEAF Last in Resale Value

Wed Jul 19, 2017 4:37 pm

eatsleafsandshoots wrote:Makes you wonder if there's an arbitrage opportunity by buying $5k Leafs in CA and selling them for $9k in OH or whatever.


I wonder the same thing as I'm watching an eBay auction end for a car fairly identical to mine.
2013 SL with Premium package - build date 5/13. 12 bar car with 39,000 miles and counting...
2014 Volt - 45,000+ miles

oilman300
Posts: 4
Joined: Sat Jul 01, 2017 8:05 pm
Delivery Date: 09 Jul 2017
Leaf Number: 331828
Location: Atlanta, GA area

Re: 2015 Nissan LEAF Last in Resale Value

Thu Jul 20, 2017 6:54 pm

hyperionmark wrote:
oilman300 wrote:The depreciation on the Leaf is the most I've seen for any vehicle. But because of it I was able to buy a CPO 2015 Leaf S with under 12000 miles for only $8500.00. If I drive it for 5 years and give it away, I've gotten my money's worth. I couldn't see buying a new one. With my income, I wouldn't get the full 7500 tax credit and Georgia did away with any state rebates too. So buying a used one gave me the most bang for the buck.

That's an amazing price you got![/quote


It was a lease turn in that came in the previous day. It was absolutely a cream puff. I offered $10K out the door thinking they wouldn't come close to that price. They came back with $10.5K or if I financed with NMAC, $10K because of a 750 cash back deal for CPO Leafs. I couldn't pass the deal up. Taking out the $599 doc fee, $700 sales tax & $200 Georgia EV registration fee, the price of the car was $8500. I can pay the loan off after 90 days because of the cash back and I still come out ahead. Even if I don't pay it off early, I only financed it for 3 years at 2.86%. The total interest is 321.00 That's still less than paying the $10.5K cash price. I wish every deal was this good.

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