My Honda did not.apvbguy said:every car the I've leased has had a termination fee, it is a dirty little secret that they spring on the unsuspecting leaseesonnylax said:Which makes the "mandatory" $395 fee even more ridiculous.
My Honda did not.apvbguy said:every car the I've leased has had a termination fee, it is a dirty little secret that they spring on the unsuspecting leaseesonnylax said:Which makes the "mandatory" $395 fee even more ridiculous.
you sir are the first one whom did not, good for youjelloslug said:My Honda did not.apvbguy said:every car the I've leased has had a termination fee, it is a dirty little secret that they spring on the unsuspecting leaseesonnylax said:Which makes the "mandatory" $395 fee even more ridiculous.
LTLFTcomposite said:Everyone be honest here regarding the lease termination fee. It was disclosed to you that day you were at the dealer signing the papers for your Leaf (if not sooner), but your car was sitting just outside the showroom window and it was sooooo pretty. $395 didn't seem like that much money and 36 months seemed like a long ways off. Now as lease end is nearing, the bloom is off the rose, drinks have been spilled and bars have been lost, and that $395 looks a lot bigger and it all seems so unfair.
jelloslug said:My Honda did not.apvbguy said:every car the I've leased has had a termination fee, it is a dirty little secret that they spring on the unsuspecting leaseesonnylax said:Which makes the "mandatory" $395 fee even more ridiculous.
maybe honda/acura (same company) does not have this type of fee. I have leased from Lincoln, VW, Lexus, Infiniti, Ford, Mitsubishi, and now Nissan, I have always had to deal with the termination fee.TomT said:Neither did our Acrua...
LTLFTcomposite said:That's one of the more interesting tidbits that's been posted on this topic. So NMAC isn't the one who will absorb the loss if the cars don't sell for the residual? It sounds a little like the whole mortgage securitizatation problem, where you can't identify a single entity who is empowered to modify a contract to achieve a better outcome for "the man", just a bunch of different entities who must strictly follow a set of procedures, the chips fall where they may, and nobody really cares.kikbuti said:Lessors often insure residuals and some manufacturers artificially enhance those insured residuals in order to offer special lease deals. To file a claim when the vehicle does not bring the residual value, the actual cash value must be established in a commercially acceptable manner (public or dealer auction.) So if they give the lessee a deal on the vehicle, they are unable to file a residual insurance claim.
Honda Financial does not have any termination fees and in fact you get a $1500 allowance on damage that falls into the excessive wear category.apvbguy said:you sir are the first one whom did not, good for you
I knew about it before I set foot into the dealership.LTLFTcomposite said:Everyone be honest here regarding the lease termination fee. It was disclosed to you that day you were at the dealer signing the papers for your Leaf (if not sooner), but your car was sitting just outside the showroom window and it was sooooo pretty. $395 didn't seem like that much money and 36 months seemed like a long ways off. Now as lease end is nearing, the bloom is off the rose, drinks have been spilled and bars have been lost, and that $395 looks a lot bigger and it all seems so unfair.
DaveinOlyWA said:I am falling into the "will lease again" crowd simply because NO ONE will have the EV I want to keep (or can afford) long term. So I will lease again hoping for the right EV to be available in 2016 or 2017, so will skip the obvious conversation and go OT a bit...
is anyone here nervous that by next year these glorious lease rates will be gone simply due to popularity and demand? right now, people are getting great deals because Nissan is not where they want to be production wise. but what if Nissan hits 2500-3000 a month and it stays there?
will they be so generous with their 2014 leases??? I am thinking not
You mean "sales wise", not "production wise" ?? They supposedly have or will have capacity for 150k a year, that's over 12k a month. If demand was outstripping supply they wouldn't need to offer such great deals. Looks to me like somebody figured out if you can get the car in people's hands they will like it and tell others, so they will take a gamble and offer high residuals to move cars. That's a lot better than having their new plant sit idle, not to mention they may be more than making back the loss on CARB credits.DaveinOlyWA said:is anyone here nervous that by next year these glorious lease rates will be gone simply due to popularity and demand? right now, people are getting great deals because Nissan is not where they want to be production wise. but what if Nissan hits 2500-3000 a month and it stays there?
will they be so generous with their 2014 leases??? I am thinking not
If the $7500 federal tax credit is still around Nissan will still offer the $7500 rebate on the lease. The rest of the savings is up to your dealer.DaveinOlyWA said:I am falling into the "will lease again" crowd simply because NO ONE will have the EV I want to keep (or can afford) long term. So I will lease again hoping for the right EV to be available in 2016 or 2017, so will skip the obvious conversation and go OT a bit...
is anyone here nervous that by next year these glorious lease rates will be gone simply due to popularity and demand? right now, people are getting great deals because Nissan is not where they want to be production wise. but what if Nissan hits 2500-3000 a month and it stays there?
will they be so generous with their 2014 leases??? I am thinking not
kubel said:Since the residual is overinflated on my lease, and Nissan doesn't negotiate buyouts, I'll absolutely be turning mine in. I love the car and would love to own one, but it doesn't make economic sense with 2011/2012 pricing.
My next car will likely be a used 2-year old 2013 Nissan LEAF SL w/ QC in 2015, or a used Chevy Volt, same year. Depends on my commuting situation.
DaveinOlyWA said:is anyone here nervous that by next year these glorious lease rates will be gone simply due to popularity and demand? right now, people are getting great deals because Nissan is not where they want to be production wise. but what if Nissan hits 2500-3000 a month and it stays there?
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