DaveinOlyWA
Posts: 14107
Joined: Sat Apr 24, 2010 7:43 pm
Delivery Date: 16 Feb 2018
Leaf Number: 314199
Location: Olympia, WA
Contact: Website

Re: End of Lease Strategies?

Thu Mar 28, 2019 5:49 pm

rogersleaf wrote:
DaveinOlyWA wrote:
rogersleaf wrote:I just went through the acquisition process and did not see any leasing deal that made any sense to me financially. So, just broke my own rule #1 for getting a Leaf... lease it, don’t buy it. Basically decided to take the roughly 1/3 off in incentives & tax credits combined, roll the sales tax basis from my trade-in, and finance the remainder with my local bank. Fortunately my trade was worth a little more than the Federal tax credit so will eventually net out OK after filling next January and likely not too up-side-down in the loan.

As for hedging battery degradation, likely still have a usable car for my needs even if I loose 1/3 capacity. Likely blow though the 100k mile warranty in 5-6 years. If it gets that bad, safe to assume I’m already having ugly discussions with Nissan.

Just add that the Leaf specialist at the dealership has his own lease on a 30KWh Leaf expiring soon. He leaning toward buying his off rather than getting a new lease because the lease deals are not very good.
Its all about timing. Lease deals change monthly for a reason. My current one is definitely more expensive than my 30 kwh lease but then its a $9600 residual which isn't too bad. All in with taxes, etc. etc. etc. I can own it for under $23,000. I find it hard to throw stones at that.
That’s about where I wanted to see on a lease. Mine netted out to @ $25,000 before sales tax. That is an SL with tech pkg. and premium paint with a few small add ons. The key factor in Ohio is that must purchase to get the utility company rebate (currently $3500) and another ~$3000 discount from a fleet pricing that is tied to the utility rebate program. Figured this is likely my last chance to take advantage of the $7500 Federal tax credit so why not...
Your deal is better than mine especially if you want the SL stuff.
2011 SL; 44,598 miles. 2013 S; 44,840 miles.2016 S30 deceased. 29,413 miles. 2018 S40; 15,000 miles, 478 GIDs, 37.0 kwh 109.81 Ahr , SOH 94.61, Hx 120.15
My Blog; http://daveinolywa.blogspot.com" onclick="window.open(this.href);return false;

coupedncal
Posts: 25
Joined: Mon Nov 13, 2017 11:11 pm
Delivery Date: 06 Aug 2017
Leaf Number: 309668

Re: End of Lease Strategies?

Fri Mar 29, 2019 6:35 pm

Switching topic. Has anyone here been able to get the dealer to extend their lease? My 24 month lease is coming to an end in Aug and I'd like to extend it by at least 6 months. Do I need to come up with an "excuse" for this lease extension request?
'17 30kWh Leaf

LeftieBiker
Moderator
Posts: 12993
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: End of Lease Strategies?

Fri Mar 29, 2019 7:08 pm

coupedncal wrote:Switching topic. Has anyone here been able to get the dealer to extend their lease? My 24 month lease is coming to an end in Aug and I'd like to extend it by at least 6 months. Do I need to come up with an "excuse" for this lease extension request?
Yep, usually. Try "I'm waiting for the 2019 ePlus Leaf to be available in my area, in the configuration I want. The dealership said 6 months." Hopefully you don't live where the lots are full of them now...
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.

iPlug
Posts: 418
Joined: Thu Apr 28, 2016 6:47 pm
Delivery Date: 25 Apr 2016
Location: Rocklin, CA

Re: End of Lease Strategies?

Sat Mar 30, 2019 9:35 am

Might have to try that next month if we still don’t have a viable/affordable option to replace the wife’s Leaf lease.

I called NMAC a few days ago and I asked for a lease extension. They asked how long and I said 3-12 months. Then they asked why, and I said we’re still looking for a new lease, including possibly the e-plus and haven’t decided yet.

Apparently that wasn’t good enough for them and they said no deal. They said maybe could give us a one month extension, but generally only extend leases if the new vehicle is on order but not delivered yet. So maybe they have tightened down.
'19 Model 3 SR+ (own), '19 Leaf SV (leased), '12 Plug-in Prius (sold 3/19), '16 Leaf SV (prior lease), 11.43kW Solar PV (16MWh/yr real production), 20.5 SEER/13.0 HSPF ducted air-source heat pump, 3.70 UEF heat pump water heater, Induction Cooktop

LeftieBiker
Moderator
Posts: 12993
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: End of Lease Strategies?

Sat Mar 30, 2019 12:03 pm

Maybe that is how they get people on the fence to fall into Nissan's yard. ;)
I'd still try the line I gave above. You HAVE to say that you will be getting another Leaf.
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.

iPlug
Posts: 418
Joined: Thu Apr 28, 2016 6:47 pm
Delivery Date: 25 Apr 2016
Location: Rocklin, CA

Re: End of Lease Strategies?

Sat Mar 30, 2019 6:24 pm

Will do.
'19 Model 3 SR+ (own), '19 Leaf SV (leased), '12 Plug-in Prius (sold 3/19), '16 Leaf SV (prior lease), 11.43kW Solar PV (16MWh/yr real production), 20.5 SEER/13.0 HSPF ducted air-source heat pump, 3.70 UEF heat pump water heater, Induction Cooktop

iPlug
Posts: 418
Joined: Thu Apr 28, 2016 6:47 pm
Delivery Date: 25 Apr 2016
Location: Rocklin, CA

Re: End of Lease Strategies?

Sun Mar 31, 2019 6:57 pm

Anyone successful at negotiating with NMAC to let you buy out the lease for less than the residual?
'19 Model 3 SR+ (own), '19 Leaf SV (leased), '12 Plug-in Prius (sold 3/19), '16 Leaf SV (prior lease), 11.43kW Solar PV (16MWh/yr real production), 20.5 SEER/13.0 HSPF ducted air-source heat pump, 3.70 UEF heat pump water heater, Induction Cooktop

LeftieBiker
Moderator
Posts: 12993
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: End of Lease Strategies?

Sun Mar 31, 2019 9:51 pm

iPlug wrote:Anyone successful at negotiating with NMAC to let you buy out the lease for less than the residual?
You can't negotiate with NMAC - you never could. It's always the dealers you have to negotiate with. The good(ish) news is that it can be any USA Nissan dealership.
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.

iPlug
Posts: 418
Joined: Thu Apr 28, 2016 6:47 pm
Delivery Date: 25 Apr 2016
Location: Rocklin, CA

Re: End of Lease Strategies?

Mon Apr 01, 2019 7:04 am

LeftieBiker wrote:
iPlug wrote:Anyone successful at negotiating with NMAC to let you buy out the lease for less than the residual?
You can't negotiate with NMAC - you never could. It's always the dealers you have to negotiate with. The good(ish) news is that it can be any USA Nissan dealership.
Ok, then lets rephrase:

Anyone successful at negotiating with a Nissan dealership to let you buy out your lease for less than the residual?
'19 Model 3 SR+ (own), '19 Leaf SV (leased), '12 Plug-in Prius (sold 3/19), '16 Leaf SV (prior lease), 11.43kW Solar PV (16MWh/yr real production), 20.5 SEER/13.0 HSPF ducted air-source heat pump, 3.70 UEF heat pump water heater, Induction Cooktop

LeftieBiker
Moderator
Posts: 12993
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: End of Lease Strategies?

Mon Apr 01, 2019 12:58 pm

Back when Nissan was offering huge incentives it was easy. I could have bought my 2013 SV, with a residual of either $19k or $21k, for $6,000. Now that they are gone it's a whole different show...
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.

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