DaveinOlyWA said:Loveleafs said:Just pulled up my 2020 taxes - 1040 line 24 I have 1826. Looks like leasing or buying used is the better option now. I was really hoping to be able to get something ASAP as my current car is uncomfortable to drive but as I drive so infrequently it seems like waiting it out is the best option. Current car has recurring issues with mold, the AC doesn't work in Florida and occasionally gets *roaches* despite never having food left inside of it. I am eager to no longer be a Volvo owner, lol.
Yep. definitely lease. I also don't make the full credit (5 time lessee) and found leasing to be a good option. Also Gen 2 batteries (2018 and newer) are proving to be much better quality for longevity. Unfortunately, Nissan still hasn't added custom charge settings so using the timer to limit the SOC will have to do for now.
Because of Nissan dropping the climate package from the S trim, I will be purchasing my lease when the time comes (unless something dramatic happens) still overall estimated cost will be $26,000 for an S Plus. Not too bad considering I turned in my 2018 16 months early. I am sure that probably didn't help the balance sheet (I was 3,000 miles over my allotment)
I'm on my 61st New car purchase and my 4th Leaf Purchase. My Leafs were 2016 SL, 2018 SV, 2019 SL+ and 2020 SL+. For me purchase made the best option. I've claimed the $7,500 tax credit 4 times for a total of $30,000 less I paid to Uncles Sam. When my 20 month old 2019 SL+ was totaled by an uninsured, suspended license high Meth Head last November State Farm paid me $32,000. I bought a new 2020 SL+ for $38,000 out the door and when you factor the $7,500 tax credit it cost me $30,500, so I put $1,500 in my pocket and got a new car.
Each individual needs to look at their financial situations and make best decisions. Purchase makes sense to some and Leasing to others. The only time I leased was for a Acura RL with an extremely high residual just like this Leaf S deal is. At the end of the lease the ACV of the car was $5,000 less than the residual. I offered to buy it at market value but Acura wanted residual. I walked away,