EatsShootsandLeafs
Well-known member
- Joined
- Aug 24, 2012
- Messages
- 716
Although the market on used Leafs is still immature, looking on cars.com and autotrader.com I can see a pattern emerging. What I see are some dealers still asking top dollar for these cars, above retail even, and many asking for prices that are likely to move the cars.
Example: I see a number of 2011 SVs for about $20k with 500-4000 miles. Basically brand new cars.
My 2011 SV, when lease expires in summer 2014, will have 24,000 miles and a buy-out price of $21k. Unless something seriously changes in the market, it's not going to be worth that to me and REALLY won't be worth it to Nissan; there's no way in the world they'd be able to turn it into, say, a $22,500 sale price vehicle. Thus, if they want a person like me to buy it out, they'll have to lower price well below $20k. Otherwise, even if I want to stay in a Leaf, I'll just lease a new one, particularly with Nissan possibly nuking down the price on models in the near future.
Am I dreaming or does this seem reasonable--Nissan offering a much lower buy-out price? More to the point, is there precedent of this nature with other companies and leases?
Example: I see a number of 2011 SVs for about $20k with 500-4000 miles. Basically brand new cars.
My 2011 SV, when lease expires in summer 2014, will have 24,000 miles and a buy-out price of $21k. Unless something seriously changes in the market, it's not going to be worth that to me and REALLY won't be worth it to Nissan; there's no way in the world they'd be able to turn it into, say, a $22,500 sale price vehicle. Thus, if they want a person like me to buy it out, they'll have to lower price well below $20k. Otherwise, even if I want to stay in a Leaf, I'll just lease a new one, particularly with Nissan possibly nuking down the price on models in the near future.
Am I dreaming or does this seem reasonable--Nissan offering a much lower buy-out price? More to the point, is there precedent of this nature with other companies and leases?