Gonewild
Well-known member
How much more does the car cost to buy the car after the 36 month lease then to buy it straight out? Figure it with that I would only get about $6,500 of the $7,500 tax credit. Thank if some can explain leases for me.
DaveinOlyWA said:well if leasing at what?? $349 a month or so? or was it $379?
DaveinOlyWA said:$16,00 residual? is less than the purchase price. hmm, to be honest with ya, i have never leased a car before so i dont know how it works. if that is the case, i dont see why everyone would not lease.
its less money up front, less money overall.
but then again, right now interest rates are so low, maybe buying is still the way to go
DaveinOlyWA said:$16,00 residual? is less than the purchase price. hmm, to be honest with ya, i have never leased a car before so i dont know how it works. if that is the case, i dont see why everyone would not lease.
its less money up front, less money overall.
LakeLeaf said:DaveinOlyWA said:$16,00 residual? is less than the purchase price. hmm, to be honest with ya, i have never leased a car before so i dont know how it works. if that is the case, i dont see why everyone would not lease.
its less money up front, less money overall.
but then again, right now interest rates are so low, maybe buying is still the way to go
(I agree that $16,000 seems to low)
Wouldn't these be the numbers to Nissan:
$350 * 36 - lease payments
$2000 - down payment
$16,000 (or more) for residual
$7500 - federal tax credit
_____________________
$38,100 total
(retail price: ~ $33,500)
net - ~ $4600 to Nissan
IBELEAF said:as far as I was told down payment includes first month payment.
That doesn't matter at all. Gas prices will not be greater than $4/gallon this coming winter. The lease residual price is written into the contract at the start of the lease. Even if used Leafs were selling at $30K three years later, you could still get yours at the pre-arranged price.DaveinOlyWA said:but, that all assumes that gas is not greater than $4 a gallon because if it is, any EV on the market will be on a 6 month waiting list and used vehicles will not be selling for $20K, they could be $30K or more
planet4ever said:By the way, don't forget the OP's other condition. He's going to lose $1K of his tax credit if he buys.
EVDRIVER said:In CA, I thought sales tax was added on top of the lease payment as well?
Gonewild said:would it be nice if the EV car was tax exempt like Solar panels are in AZ
DaveinOlyWA said:Does a tax exemption still work For a leased vehicle in washington state?
On the 1 hand i can see how it would But then again i can also see how it might not either
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