iPlug
Posts: 456
Joined: Thu Apr 28, 2016 6:47 pm
Delivery Date: 25 Apr 2016
Location: Rocklin, CA

Re: Leaf Price / Discount discussion thread

Sat Sep 05, 2020 7:13 am

If this lease is fairly close to the $3,694 for 24 months ($1318 customer cash + $99/mo x24 months), that's just $154/mo to drive a new car. As noted, probably does not include TTL, registration, etc, but a steal none-the-less.

With Nissan continuing with a history of generous lease deals, battery longevity history, and the continuing evolution of batteries in general, I would be looking to find a new lease rather than buying one when this one is up.
'19 Model 3 SR+, '19 Leaf SV, '12 Plug-in Prius (sold 3/19), '16 Leaf SV (prior lease), 11.43kW Solar PV (16MWh/yr prod.), 20.5 SEER/13.0 HSPF ducted air-source HP, 3.70 UEF HPWH, Induction Cooktop, Variable Speed Pool Pump, Battery powered yard tools

SageBrush
Posts: 5189
Joined: Sun Mar 06, 2011 2:28 am
Delivery Date: 13 Feb 2017
Location: NM

Re: Leaf Price / Discount discussion thread

Sat Sep 05, 2020 6:07 pm

iPlug wrote:
Sat Sep 05, 2020 7:13 am
With Nissan continuing with a history of generous lease deals, battery longevity history, and the continuing evolution of batteries in general, I would be looking to find a new lease rather than buying one when this one is up.
Perhaps, but this really would be a case of best making the decision towards the end of the lease.
2013 LEAF 'S' Model with QC & rear-view camera
Bought Jan 2017 from N. California
Two years in Colorado, now in NM
03/18: 58 Ahr, 28k miles
11/18: 56.16 Ahr, 30k miles
09/20: 54.3 Ahr; 38k miles
-----
2018 Tesla Model 3 LR, Delivered 6/2018

iPlug
Posts: 456
Joined: Thu Apr 28, 2016 6:47 pm
Delivery Date: 25 Apr 2016
Location: Rocklin, CA

Re: Leaf Price / Discount discussion thread

Sat Sep 05, 2020 7:29 pm

SageBrush wrote:
Sat Sep 05, 2020 6:07 pm
iPlug wrote:
Sat Sep 05, 2020 7:13 am
With Nissan continuing with a history of generous lease deals, battery longevity history, and the continuing evolution of batteries in general, I would be looking to find a new lease rather than buying one when this one is up.
Perhaps, but this really would be a case of best making the decision towards the end of the lease.
Always good to reassess then to see if better options present themselves.

What I have seen over recent years is that Nissan has not been flexible in negotiating a lower purchase price than residual after the lease is up. If owning the make/model thereafter is of interest at that point, picking up a used Leaf from a private party or elsewhere appears to be a substantially better deal.
'19 Model 3 SR+, '19 Leaf SV, '12 Plug-in Prius (sold 3/19), '16 Leaf SV (prior lease), 11.43kW Solar PV (16MWh/yr prod.), 20.5 SEER/13.0 HSPF ducted air-source HP, 3.70 UEF HPWH, Induction Cooktop, Variable Speed Pool Pump, Battery powered yard tools

SageBrush
Posts: 5189
Joined: Sun Mar 06, 2011 2:28 am
Delivery Date: 13 Feb 2017
Location: NM

Re: Leaf Price / Discount discussion thread

Sat Sep 05, 2020 9:30 pm

iPlug wrote:
Sat Sep 05, 2020 7:29 pm
SageBrush wrote:
Sat Sep 05, 2020 6:07 pm
iPlug wrote:
Sat Sep 05, 2020 7:13 am
With Nissan continuing with a history of generous lease deals, battery longevity history, and the continuing evolution of batteries in general, I would be looking to find a new lease rather than buying one when this one is up.
Perhaps, but this really would be a case of best making the decision towards the end of the lease.
Always good to reassess then to see if better options present themselves.

What I have seen over recent years is that Nissan has not been flexible in negotiating a lower purchase price than residual after the lease is up. If owning the make/model thereafter is of interest at that point, picking up a used Leaf from a private party or elsewhere appears to be a substantially better deal.
Fair point, and fair guess. The flip side would be that keeping a car and battery that is in good condition (if it is) reduces the risks that come with buying a used car.
2013 LEAF 'S' Model with QC & rear-view camera
Bought Jan 2017 from N. California
Two years in Colorado, now in NM
03/18: 58 Ahr, 28k miles
11/18: 56.16 Ahr, 30k miles
09/20: 54.3 Ahr; 38k miles
-----
2018 Tesla Model 3 LR, Delivered 6/2018

LeftieBiker
Moderator
Posts: 15330
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: Leaf Price / Discount discussion thread

Sat Sep 05, 2020 9:46 pm

The flip side would be that keeping a car and battery that is in good condition (if it is) reduces the risks that come with buying a used car.
Yes. If you take care of your cars, then you pay a premium price for a used car that you know has no hidden flaws or damage, and you know the full service history.
Scarlet Ember 2018 Leaf SL W/ Pro Pilot
2009 Vectrix VX-1 W/18 Leaf modules, & 3 EZIP E-bicycles.
BAFX OBDII Dongle
PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

SageBrush
Posts: 5189
Joined: Sun Mar 06, 2011 2:28 am
Delivery Date: 13 Feb 2017
Location: NM

Re: Leaf Price / Discount discussion thread

Sun Sep 06, 2020 12:22 am

LeftieBiker wrote:
Sat Sep 05, 2020 9:46 pm
The flip side would be that keeping a car and battery that is in good condition (if it is) reduces the risks that come with buying a used car.
Yes. If you take care of your cars, then you pay a premium price for a used car that you know has no hidden flaws or damage, and you know the full service history.
More a problem in a LEAF than other EVs, it does not take much reading on this forum to realize that a common reason that people lease rather than buy the LEAF is to not care about mitigating battery degradation. Benign neglect of leased cars strikes me as really common.

Then there is the problem of the dumbed down and warped 'capacity bars' of the LEAF. Say you buy a '12 bar' LEAF. Absent a believable OBD2 reading or a careful driving test there is a good 10% uncertainty in battery capacity. That is already a good 1/8 the value of the car you are gambling on.
2013 LEAF 'S' Model with QC & rear-view camera
Bought Jan 2017 from N. California
Two years in Colorado, now in NM
03/18: 58 Ahr, 28k miles
11/18: 56.16 Ahr, 30k miles
09/20: 54.3 Ahr; 38k miles
-----
2018 Tesla Model 3 LR, Delivered 6/2018

LeftieBiker
Moderator
Posts: 15330
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: Leaf Price / Discount discussion thread

Sun Sep 06, 2020 4:23 am

Sagebrush, why do you sound like you're arguing even when you're agreeing with me? ;)
Scarlet Ember 2018 Leaf SL W/ Pro Pilot
2009 Vectrix VX-1 W/18 Leaf modules, & 3 EZIP E-bicycles.
BAFX OBDII Dongle
PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

EatsShootsandLeafs
Posts: 669
Joined: Fri Aug 24, 2012 10:59 am
Delivery Date: 24 Aug 2012

Re: Leaf Price / Discount discussion thread

Sun Sep 06, 2020 4:43 am

What's the best anybody has seen at the moment for New York state? I know 2021 leaf will hit dealers any moment. I can do now for a 2020 SV $100/mo with $2500 + TTL, but I'd like to do better.

iPlug
Posts: 456
Joined: Thu Apr 28, 2016 6:47 pm
Delivery Date: 25 Apr 2016
Location: Rocklin, CA

Re: Leaf Price / Discount discussion thread

Sun Sep 06, 2020 6:22 am

SageBrush wrote:
Sat Sep 05, 2020 9:30 pm
Fair point, and fair guess. The flip side would be that keeping a car and battery that is in good condition (if it is) reduces the risks that come with buying a used car.
The dilemma I was getting at:

Say a person is trying to figure out if he should buy or lease a Leaf. If buying, would consider owning for many years. Customer sees that there are excellent lease deals but also excellent purchase deals (with dealer incentives + FTC + state incentives).

Going the buying route, one starts off with a great purchase price but if not living in a cool climate and/or not practicing good battery hygiene, accelerated battery degradation takes place. So issues of having range to meet needs may then come in a few years after purchase.

Going the leasing route, one starts off with a great lease price and doesn't worry too much if not living in a cool climate and/or not practicing good battery hygiene as one returns the vehicle 2-3 years later. The bad news is, if optimal hygiene is practiced and the battery is doing fine and one wants to buy the vehicle off-lease, Nissan may not budge on the residual. The same year and trim vehicle could instead be purchased used for substantially less elsewhere, but indeed it's unclear how well those vehicles have been cared for and the true health of their batteries.

Considering such things, for someone in the PNW and other cool climates, buying from the start is a less risky proposition if one hopes to keep the vehicle for years. OTOH, in warm climates...
'19 Model 3 SR+, '19 Leaf SV, '12 Plug-in Prius (sold 3/19), '16 Leaf SV (prior lease), 11.43kW Solar PV (16MWh/yr prod.), 20.5 SEER/13.0 HSPF ducted air-source HP, 3.70 UEF HPWH, Induction Cooktop, Variable Speed Pool Pump, Battery powered yard tools

SageBrush
Posts: 5189
Joined: Sun Mar 06, 2011 2:28 am
Delivery Date: 13 Feb 2017
Location: NM

Re: Leaf Price / Discount discussion thread

Sun Sep 06, 2020 7:38 am

iPlug wrote:
Sun Sep 06, 2020 6:22 am
Considering such things, for someone in the PNW and other cool climates, buying from the start is a less risky proposition if one hopes to keep the vehicle for years. OTOH, in warm climates...
Granted.

I was saying that a $100 a month lease with a small amount upfront resolves the dilemma -- lease now and decide later. Your point that purchase now may be advantageous vs purchase later after a lease doesn't really come into play for the deal being discussed. If it did then indeed the consumer would have to put a value on the deferred decision.

My earlier point was to say that a presumption of another lease after this two year lease is up is not needed. Decide towards the end of the lease. Your scenario is more likely to come up with someone like Lefty who is paying a lot for the lease period and then has a low-ish residual. If he returns the car at lease end he (in a sense) sacrifices the money he has paid.

---
I have never leased, but I sure would jump on this deal if I could :)
(presuming I understand it correctly.)
On that note, I called the dealer and was told the dealership can only offer it to CA residents to comply with Nissan rules. I presume this is CARB related. I haven't seen a similar deal in other CARB states ... yet. New Mexico is an on again/off again CARB state so I'm even less sure about my chances.
2013 LEAF 'S' Model with QC & rear-view camera
Bought Jan 2017 from N. California
Two years in Colorado, now in NM
03/18: 58 Ahr, 28k miles
11/18: 56.16 Ahr, 30k miles
09/20: 54.3 Ahr; 38k miles
-----
2018 Tesla Model 3 LR, Delivered 6/2018

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