DanMannyMan
Posts: 4
Joined: Tue Jan 30, 2018 10:16 am

Re: Does a LEAF make sense for me?

Tue Aug 14, 2018 10:34 am

LeftieBiker wrote:Have you considered leasing and then buying a Prius Prime?


I love all I've read about the Prime. I'm definitely skeptical about the cost-effectiveness of leasing in general, but I'm curious if there's some special deal with the Prime. Does the dealer get the $7500 tax credit so the monthly rate is significantly lower than it would otherwise be?

TheLostPetrol
Posts: 46
Joined: Thu Jul 13, 2017 8:19 am
Delivery Date: 21 Feb 2018
Leaf Number: 307105
Location: Greater Chicagoland

Re: Does a LEAF make sense for me?

Tue Aug 14, 2018 2:55 pm

From the PlugShare app's planning for a trip from Wilmington to Nashua, it looks like if you were to get low on charge on the way home you'd have a lot of Level 2 public charging stations close to your route to choose from.

There is a Federal tax credit for the Prius Prime, but it's $4500, not $7500. The credit is based on battery size. I don't have the exact numbers at hand, but the BEV/PHEV needs something more like 15 or 20 kWh to qualify for the full $7500. The Prime has around 9 kWh.

If leasing, the leasing company gets the tax credit. While there have been discussions on this forum of how much of the credit Nissan passes on to the lessee, I have no idea what Toyota's policy is.
Last edited by TheLostPetrol on Tue Aug 14, 2018 3:16 pm, edited 1 time in total.
2017-12-16 New Prius Prime
2018-02-21 Used pearl white 2015 LEAF SV Mfd 2014-07 In-service 2015-02-27
2018-02-21 26,938 mi AHr=60.22 SOH=96.98% Hx=90.73% 1 QC 988 L1/L2
2018-07-01 31,601 mi AHr=58.05 SOH=93.48% Hx=87.03% 11 QC 1223 L1/L2

LeftieBiker
Posts: 9240
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: Does a LEAF make sense for me?

Tue Aug 14, 2018 3:16 pm

Does the dealer get the $7500 tax credit so the monthly rate is significantly lower than it would otherwise be?


If you buy one you get the $4500 credit. If you lease one I'm pretty sure but not certain that it gets applied to reduction of the monthly payment. Leasing and then buying a Prius usually costs the same as buying one off the lot at MSRP.
Scarlet Ember 2018 Leaf SL W/ Pro Pilot
2009 Vectrix VX-1 W/18 Leaf modules, & 3 EZIP E-bicycles.
PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

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