WetEV
Posts: 1708
Joined: Fri May 04, 2012 8:25 am
Delivery Date: 16 Feb 2014
Location: Near Seattle, WA

Re: Used Leaf Future Depreciation

Sun Jan 22, 2017 10:36 am

tattoogunman wrote:
LeftieBiker wrote:I don't think a $6500 Leaf would depreciate to less than $4k in 2 years unless the range fell to under 30 miles.


Why not? I'm already seeing one year old 2015's for sale for $10K or less and that means they have lost over $20K in a year. I would say based off of the prices I have seen, it is very likely a $6500 Leaf could be worth half that in the next two years. Unless gas prices go back up to near $5/gallon, I think these EV cars are going to continue to suffer from this.


The 2015 Leaf didn't sell for $30k. Not after tax credits and such what. My net cost on a 2014 SL was well under that, and price of new Leaf has dropped even more.

Don't count the tax credits and such as "depreciation", as they are not. They reduce the cost.
WetEV
#49
Most everything around here is wet during the rainy season. And the rainy season is long.
2012 Leaf SL Red (Totaled)
2014 Leaf SL Red

LKK
Posts: 263
Joined: Sat Jan 15, 2011 10:27 am

Re: Used Leaf Future Depreciation

Sun Jan 22, 2017 11:22 am

How much over the $35K price for the Model 3 are you willing to pay? There is some uncertainty over what it will really cost. As such, it may sense to lease a new Leaf to cover yourself if the M3 is too expensive, or not unavailable in the timeframe you want.

WILK
Posts: 9
Joined: Wed Jan 04, 2017 8:40 am

Re: Used Leaf Future Depreciation

Mon Jan 30, 2017 11:20 am

Thanks Everyone!
Yesterday I purchased a used Leaf (2013 S, 12 bar 58aHr, 88% SOH, 33k miles) for $6,900 and have been loving the car so far. It was a lease return from the Bay Area (temperate climate) and they had added aftermarket leather, which is a total bonus as that is something I was going to be missing on the S trim level. Only level 1 charging at the house so far, but I only drive 20 miles a day (50 on some days) so I should be able to manage, and I have free level 2 charging within walking distance of my house. I appreciate all of the support and the resources on the forum, as I will still be learning as I get to know my new car.

Reddy
Posts: 1371
Joined: Fri Feb 11, 2011 3:09 pm
Delivery Date: 18 Aug 2011
Leaf Number: 006828
Location: Pasco, WA

Re: Used Leaf Future Depreciation

Mon Jan 30, 2017 12:17 pm

Congratulations and thank you for reducing your gasoline consumption TODAY, not in 2 or 3 years! I think that you will find the Leaf very useful, especially short trips to the grocery store, even after you get your Tesla 3.
Reddy
2011 SL; 9 bar, 47.45 AHr; 39,500 mi; rcv'd Aug 18, 2011
Long: http://www.mynissanleaf.com/viewtopic.p ... al#p226115"
Cold: http://www.mynissanleaf.com/viewtopic.p ... 60#p243033"

WILK
Posts: 9
Joined: Wed Jan 04, 2017 8:40 am

Re: Used Leaf Future Depreciation

Mon Jan 30, 2017 9:28 pm

Thanks Reddy! The new plan appears to be that we will keep the Leaf long term, as my wife is slowly falling in love. I am not a huge fan of the Leaf's styling (I personally think it looks like a shoe but can get past it for all of it's other glory) but my wife thinks its "super cute" so her plan now is to use the Leaf (once I get my Tesla) as her daily driver, and keep our ICE SUV for instances where we either need the range/7 person capacity/etc. Most of her driving is either her short commute (15 mile r/t) or doing errands around town. It seems as though my bridge car may be sticking around longer than we thought...

cwerdna
Gold Member
Posts: 6796
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Delivery Date: 28 Jul 2013
Location: SF Bay Area, CA

Re: Used Leaf Future Depreciation

Tue Jan 31, 2017 1:26 am

WILK wrote: I am not a huge fan of the Leaf's styling (I personally think it looks like a shoe but can get past it for all of it's other glory) but my wife thinks its "super cute" so her plan now is to use the Leaf (once I get my Tesla) as her daily driver,...

It was pointed out to me the front of the Leaf looks like Jar Jar Binks. :o See below.

https://priuschat.com/threads/star-trek ... st-2423421

The Leaf's Chief Vehicle Engineer, Kadota-san at a meeting I was at in Dec 2011 referred to the headlights as "charming". :lol:

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

kwong7
Posts: 16
Joined: Tue Nov 29, 2016 1:19 pm
Delivery Date: 29 Nov 2016

Re: Used Leaf Future Depreciation

Tue Jan 31, 2017 6:09 pm

Congrats on your purchase. As for me, I bought an off-lease 2013 Fiat 500e for $7,300 out the door. My wife just didn't love the interior of the Leaf and wanted something a little more "euro" feel…and a sunroof. I was initially shopping for an EV for myself, since I really hate driving my old TDI for short trips (less than 5 miles). However, my wife loves the EV so much and it's actually quite the money saver for us. She drives 90 miles roundtrip about 4 days a week. The perk comes with the HOV access, free FasTrak, and free charging at her work garage. Not only are we saving about $15 per day, but the HOV access allows her much more flexibility in when to leave to and from work.

This was one of the better car buying decisions. The financial breakeven point is only 2.5 years when factoring fuel and toll fees.

WILK
Posts: 9
Joined: Wed Jan 04, 2017 8:40 am

Re: Used Leaf Future Depreciation

Wed Feb 01, 2017 9:21 am

Kwong - I actually rode in a 500e while I was at the dealer, they use an offsite charging station so I needed a lift to pick my car up from the charger. The Fiat is very nice and I have noticed them falling into the Leaf territory as far as price. I really liked the FIat's interior and the dash display, however with a 13 month old (and probably another one on the way soon) a two door was just impractical or else I probably would have considered it. Congrats on your purchase!

Reddy
Posts: 1371
Joined: Fri Feb 11, 2011 3:09 pm
Delivery Date: 18 Aug 2011
Leaf Number: 006828
Location: Pasco, WA

Re: Used Leaf Future Depreciation

Wed Feb 01, 2017 11:09 am

tattoogunman wrote:
LeftieBiker wrote:I don't think a $6500 Leaf would depreciate to less than $4k in 2 years unless the range fell to under 30 miles.


Why not? I'm already seeing one year old 2015's for sale for $10K or less and that means they have lost over $20K in a year. I would say based off of the prices I have seen, it is very likely a $6500 Leaf could be worth half that in the next two years. Unless gas prices go back up to near $5/gallon, I think these EV cars are going to continue to suffer from this.
Meanwhile, back in reality land people are actually purchasing new Leafs for way below MSRP. When you can buy new at this price, why bother with used, unless the price is below $8000?
North Carolinian residents can get $10K cash on the hood from Nissan, at least through 31 March. When you count the $7500 tax credit, a friend just bought a brand new 30 kWh Leaf for $13,500, total (including tax, tags, etc.). Ironically, he used the NC rebate at a South Carolina dealership.

http://www.pluginnc.com/resource/nissan ... residents/
Reddy
2011 SL; 9 bar, 47.45 AHr; 39,500 mi; rcv'd Aug 18, 2011
Long: http://www.mynissanleaf.com/viewtopic.p ... al#p226115"
Cold: http://www.mynissanleaf.com/viewtopic.p ... 60#p243033"

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DuncanCunningham
Forum Supporter
Posts: 383
Joined: Thu Mar 26, 2015 10:02 am
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Location: Bountiful, UT

Re: Used Leaf Future Depreciation

Wed Feb 01, 2017 12:28 pm

WILK wrote:Thanks Reddy! The new plan appears to be that we will keep the Leaf long term, as my wife is slowly falling in love. I am not a huge fan of the Leaf's styling (I personally think it looks like a shoe but can get past it for all of it's other glory) but my wife thinks its "super cute" so her plan now is to use the Leaf (once I get my Tesla) as her daily driver, and keep our ICE SUV for instances where we either need the range/7 person capacity/etc. Most of her driving is either her short commute (15 mile r/t) or doing errands around town. It seems as though my bridge car may be sticking around longer than we thought...


Good.. like i said.. a longer term plan is best with the leaf. I suspect that values will drop until a good 3rd party battery is available and then prices might stay or even increase... depends on what the future holds for EVs.

I suspect that trump will ask for the fed tax to be revoked soon from EV sales to pay for his other plans. it is going to happen sooner or later.
Statler: Wake up you old fool. You slept through the show.
Waldorf: Who's a fool? You watched it.

2015 Leaf S (leased until May 2018, Bought out in Jan 2017)
2012 Leaf SL (purchased May 2015)

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