The dealer mentioned that Nissan guideline for residua on SV is 39%. so it is about $11,959 as residual.
They said that if they try to put more than 39%, NMAC might reject it.
Yes, as I mentioned before Nissan credit (NMAC) controls the bottom number for any lease deal. Given the $12K max residual,
NMAC has finally "learned" over the years that a Leaf off of a lease can't be assumed to have a similar depreciation as an ICEV,
e.g. Maxima. The car market eventually correctly values a marginal product the result of its characteristics, i.e. in the case
of a Leaf - battery degradation. So even if the dealer is motivated to "unload" a vehicle, the dealer is constrained by NMAC.
And then add to that NMAC's willingness to fully credit the $7.5K fed number to the lease, the deal becomes more problematic
for a Nissan dealer.
#1 Leaf SL MY 9/13: 76K miles, 47 Ahrs, 5.0 miles/kWh (average), Hx=70, SOH=78, L2 - 100% > 1000, temp < 95F, (DOD) > 20 Ahrs
#2 Leaf SL MY 12/18: 10.3K miles, SOH 109Ahrs/115Ahrs, 5.2 miles/kWh (average), DOD > 20%, temp < 105F