LEAFfan
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Re: Leaf Price / Discount discussion thread

Tue Sep 14, 2010 12:35 pm

mossyleaf wrote:
Nissan LEAF ordered through the Nissan LEAF Customer Journey between
August 27–September 30, 2010:"
The Lease numbers released apply to order placed between Aug 27 and Sept 30.
What about the tier though? Is the dealer going to check our fico score before we receive our RAQ for a lease? I've never leased before, so I have no idea how to use the MF numbers. I just know that I will qualify for the 4.9% (tier o).

mossyleaf
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Leaf Number: 2218
Location: San Diego
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Re: Leaf Price / Discount discussion thread

Tue Sep 14, 2010 1:05 pm

I've been quoting everyone at the tier 0 rate. I have a feeling that most of my orders will make that cut. If for some reason on the day they come in to pick up thier car their score doesn't substantiate the rate I will try to get Nissan's bank to make an exception for me. If they wouldn't do that the rate would have to change which would have a subtle impact on the payment perhaps $10 (tier1).
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LEAFfan
Posts: 4828
Joined: Fri Apr 23, 2010 6:08 pm
Delivery Date: 08 Jun 2011
Leaf Number: 1855
Location: Phoenix Area

Re: Leaf Price / Discount discussion thread

Tue Sep 14, 2010 3:10 pm

mossyleaf wrote:I've been quoting everyone at the tier 0 rate. I have a feeling that most of my orders will make that cut. If for some reason on the day they come in to pick up thier car their score doesn't substantiate the rate I will try to get Nissan's bank to make an exception for me. If they wouldn't do that the rate would have to change which would have a subtle impact on the payment perhaps $10 (tier1).
What was the MF for tier 0 again? Thanks!

mossyleaf
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Re: Leaf Price / Discount discussion thread

Tue Sep 14, 2010 3:18 pm

.00204
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indyflick
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Re: Leaf Price / Discount discussion thread

Tue Sep 14, 2010 7:59 pm

Has anyone done a "back of the napkin" buy versus lease analysis they could share?

mossyleaf
Posts: 600
Joined: Tue Aug 03, 2010 12:41 pm
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Leaf Number: 2218
Location: San Diego
Contact: Website

Re: Leaf Price / Discount discussion thread

Tue Sep 14, 2010 8:19 pm

Indy Ready2plugin posted this back in August. I had to dig to find it, but I remener it having been done so here:

"Okay, this is what I get for a 48M Lease on an SL. I know the 3 year is more popular, but I personally would be doing a 48M to maximize the carpool benefit in CA.

MSRP: $34,420
Drive-Off: $2,469 (assuming acquisition fee & 1st month pmt is included)
Lease Pmts: $395.10 ($360+9.75% tax)
Total # pmts: 47 (assuming first pmt is included in drive off)
Total $ pmts: $18,569.70
Total Cost for Leasing: $18,569.70+$2,469= $21,038.70

Lease Purchase option:
Residual: 39% of $34,420 = $13,423.80 with 9.75% tax = $14,732.62
Total Cost w/purchase: $21,038.70+$14,732.62 = $35,771.32

No Lease, but purchase car and finance for 48m at 3.50% (current CU rate)
$34,420 + 9.75% tax = $37,775.95
48M pmt = $844.52 (with no money down)
Total Cost = $40,536.96
Less $7,500 tax break (yes I do pay Uncle Sam more than that unfortunately)
Net Cost = $33,036.96

I know there are a few things missing, such as destination charge and acquisition fee vs. disposition fee, but this is for discussion purposes only. I see that buying would be approximately $2,735 cheaper than leasing. I have also left out the CA rebate since it would be the same for each if you qualify. My conclusion is if you can’t qualify for the Federal $7,500 tax credit, or you want to protect yourself from the resale value of the Leaf being less than $13,423.80 in 4 years, you should probably lease. If not, buying would be the best alternative and would save you over $2,700. Enough for your charger and few months of “Juice”, plus you would not have to worry about driving over 60k miles (15k/yr)."
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indyflick
Posts: 505
Joined: Fri Jul 09, 2010 8:18 am

Re: Leaf Price / Discount discussion thread

Tue Sep 14, 2010 8:44 pm

mossyleaf wrote:Indy Ready2plugin posted this back in August. I had to dig to find it, but I remener it having been done so here:
Thanks, that's what I was looking for.

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evnow
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Re: Leaf Price / Discount discussion thread

Tue Sep 14, 2010 9:25 pm

indyflick wrote:Has anyone done a "back of the napkin" buy versus lease analysis they could share?
http://www.mynissanleaf.com/viewtopic.php?f=23&t=897

I should revisit it ...
1st Leaf : 2/28/2011 to 5/6/2013
2nd Leaf : 5/4/2013 to 3/21/2017
Volt : 3/25/2017 to 5/25/2018
Model 3 : 5/10/2018 to ?

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LEAFer
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Location: Sacramento Area

Re: Leaf Price / Discount discussion thread

Tue Sep 14, 2010 10:41 pm

I plan to "revisit" the whole buy/lease decision sometime mid-November when things become clearer about delivery/tax credits etc.
2011 Silver SL+QC [Mfg: 11/2010] 36mo/15k LEASE
06Jun2013 Status [28.5 months][34,173 miles][11 bars]
Lost CapacityBar 6/6/13 @34,173 miles while in LEAF Battery Monitor: 83.41%, 71.4F (avg); cool overnight;

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SeattleBlueLeaf
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Re: List of Nissan Dealers who will sell LEAF for MSRP or Less !

Tue Sep 14, 2010 11:21 pm

Had to share.. I heard this at a conference.

Q. How many Car Salesmen does it take to put in a light bulb?

A: Hang on a minute, I need to confirm the number with the Sales Manager but I'm sure you'll like it.
Last edited by SeattleBlueLeaf on Wed Sep 15, 2010 7:57 am, edited 1 time in total.

SeattleBlueLeaf
Ocean Blue LEAF Delivered: 1/19/11
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