Recent content by Larry

My Nissan Leaf Forum

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  1. L

    $5000 Customer Discount for Lease Buyout

    My dealer saved me $1K by not being able to "ground" my 2012 before the end of November because the necessary person was on vacation and NMAC was closed on the 30th. Still, it apparently took 4 days of negotiation by my dealer with NMAC to get the original submission of my return changed to be...
  2. L

    End of Lease Strategies?

    Good news (I think)! It looks like I'm set up to get the $4K discount on purchase of my '12 off lease. I'll find out Monday if it all goes through.
  3. L

    End of Lease Strategies?

    kmp647: The end-of-lease residual is $16,839 (2012 SL model). I have misplaced my most recent statement, so I don't know the current payoff, but I imagine it would basically be the same as a couple of monthly payments added on. My car still shows 12 bars and only has a bit over 18,000...
  4. L

    End of Lease Strategies?

    TimLee: I missed this reference. If NMAC made this sort of offer to me, I would jump right on it. Since subsequent posts reported not being able to track down such an offer, I am skeptical of its being generally available. My local dealer is very unlikely to push for such a solution. Maybe I...
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    End of Lease Strategies?

    Man, I'm disappointed! My lease expires Jan 31, 2015, and I've gotten absolutely no incentive to stay with Nissan. The dealer says that the only way I can terminate the lease early is to pay any amount by which the pay-off value exceeds the market value - meaning I'd probably have to pay them...
  6. L

    Lease Exit Plan

    This discussion raises a question I have had for a while - If you extend your lease, do they recompute the capitalized cost amount and the residual value? If these are not restated, it seems like you'd be throwing money away. I may be all wet here, but it seems to me like the only way to...
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    Lease Exit Plan

    Ouch! I admit I have little analytical ability in this issue. I guess I shouldn't worry about this at all until December or so. My basic issue is that I don't drive enough to justify this vehicle - only about 6500 miles a year.
  8. L

    Lease Exit Plan

    I'd love to extend a lease at under $200. Unfortunately, my monthly payment is $316, which I do not consider at all attractive. The specified residual is nearly $17,000, which I suspect is much higher than its market value will be. I don't see much hope for keeping this 2012 Leaf, though I...
  9. L

    Lease Exit Plan

    I am not favorably disposed to paying the same rather large monthly charge for a 3-year old car as I have been paying for nearly 3 years. Is there any evidence that Nissan Leasing will extend a lease at a lower payment rate? I am certainly interested in what possible deals one can expect. If...
  10. L

    2015 LEAF specs - no range increase

    With my lease expiring in January 2015 and improved Leaf (if any) not expected until Fall 2015 and extended range Volt also not expected until the same time frame, I'm about done for. My lease terms are so bad ($315/month) and the buyout so high ($16,000), it looks like keeping my 2012 Leaf is...
  11. L

    CR's 2013 "Would you buy your car again?" survey

    My Leaf is on lease expiring in January 2015. Whether I keep the car or return it depends entirely on the situation at the time. Since my present lease calls for a buy-out of over $17,000, I don't see that as a viable option. If the current options apply at that time, I will explore possible...
  12. L

    Headlight Switching Options

    I like to use the "auto" feature of the headlight selector, but my state requires that headlights be switched "on" whenever wipers are in use. It would be great to be able to set this up as an option when "auto" is specified - i.e. that the headlights would light whenever the wipers are...
  13. L

    Poll : The official "Did you Lease or Buy?" thread

    I was planning to buy, but when my delivery slipped from 2011 to 2012 I decided that I didn't want to tie up my $7500 for over a year. Also, my dealer did not offer what I considered an acceptable loan rate. I bought the lease payments down to $309 with extra down payment. I know I am taking...
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