MikeD said:
edatoakrun: Were you told that the $7500 Federal tax refund (+ state rebate, if any) could not be used as part of the Capitalized Cost Reduction?
I am very interested in what you learn -- take your time! It can make a difference in the neighborhood of $700, if my calculations are correct. I will be glad to help you check your own calculations, if you like. The reason I am still interested even though it is too late for me is that I expect to talk to future Leaf buyers, and I would like to be able to give them authoritative lease info that may save them a sizable amount.
My (proposed) signatureONE lease, on line 5 b shows "N/A" as the capital cost reduction, and the Total (RAQ) sales price on line 5 c.
Does the lease you completed also do so?
If so, bizarrely, NO capital cost reduction, either the $7,500 rebate or payment on lease signing, is accounted for, resulting in interest ("rent") charges on payments Nissan has already received! The only explanation I received for this "creative" accounting is that "this is the way Nissan does it".
Any others with signatureONE lease with the same or different experiences?
I am still waiting for my copy of the "signature" (regular) lease reflecting the maximum down payment allowed.
I have been told the capitalized cost on this lease WILL reflect both the $7500 rebate and the larger down payment, as does the $10,000 down lease posted by link on p 19 of this lease thread:
http://www.mynissanleaf.com/viewtopic.php?f=23&t=1067&start=180
I was also told NO reduction in the interest charges will be received if I pay any lease amount off early.