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JeremyW
Posts: 1541
Joined: Sun Nov 13, 2011 12:53 am
Delivery Date: 23 Jun 2012
Leaf Number: 19136
Location: San Gabriel, CA

Re: End of Lease Strategies?

Tue Jun 10, 2014 6:07 am

WHITELEAFLINY wrote:are you concered about the warranty expirein g ,if you leased for 3 years,and extend for another year.
You know, I was thinking about that... But I already have a 39 month lease. For me, it would be turning the car in early (maybe exercising the 3 payments waved deals). But it was/is an issue of mileage more than warranty. I was going to blow through my millage but I've stopped going on my "300 miles in a day" trips lately so I've started "recovering" my overage since my work commute is only ~12 miles round trip. I think I'm still over my miles relative to my lease date but it's getting closer.

I have to say: besides the battery, this car has been the most reliable I've ever owned. I'm quite proud of "the rest of the car" :roll:
Former 2012 SL leasee 6/23/12 - 9/23/15
Former Fit EV leasee.
Now driving Spark EV and Model 3.

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TomT
Posts: 10642
Joined: Sun Aug 08, 2010 12:09 pm
Delivery Date: 01 Mar 2011
Leaf Number: 000360
Location: California, now Georgia
Contact: Website

Re: End of Lease Strategies?

Tue Jun 10, 2014 6:35 am

+1
JeremyW wrote:I have to say: besides the battery, this car has been the most reliable I've ever owned. I'm quite proud of "the rest of the car" :roll:
Leaf SL 2011 to 2016, Volt Premier 2016 to 2019, and now:
2019 Model 3; LR, RWD, FSD, 19" Sport Wheels, silver/black; built 3/17/19, delivered 3/29/19.

penorman
Posts: 7
Joined: Sat Sep 29, 2012 12:09 pm
Delivery Date: 28 Sep 2012
Leaf Number: 19662
Location: Portland, OR

Re: End of Lease Strategies?

Tue Jun 10, 2014 3:38 pm

Thanks to another poster on this thread, I called Nissan Finance and they said we will extend our lease for six months past the September termination date, at our current monthly rate ($120). We get a month-by-month option to terminate each month during the extension. It sounded like they would do further six-month extensions after this one. They are sending papers to sign. No dealer involvement. Absent some surprise in the paperwork, that works great for us. I don't know what this does to the residual value, and don't care because we are not interested in buying this car.

Turnover
Posts: 230
Joined: Sat Dec 01, 2012 9:33 am
Delivery Date: 16 Nov 2012
Leaf Number: 410371
Location: Vancouver, WA

Re: End of Lease Strategies?

Thu Oct 09, 2014 11:10 am

I haven't gotten any paperwork confirming my verbal (2X) 6 month lease extension so I tried calling them this morning. Well ... their automated system has automated out the opportunity to talk to a real person. In fact I asked, "Can I talk to an human being." My lease is up in mid November and I would like something in hand, even an adjustment on the NMAC website showing the extension. My nightmare is they will repo my Leaf and ruin our credit... despite me continuing payments. Has anyone received confirming lease extension paperwork? :?
2012 SL:
03/30/16 43,300 mi - 383 QC's & 2467 L1/L2's 79% SOH
2013 SV (#410371) - Purchased 4/25/2016:
4/28/16 18,115 mi- 4 QC's & 705 L1/L2's 97% SOH
2/18/17 28,756 mi- 66.17 AHr, SOH 100%, Hx 101.45% 284 GiDs

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LTLFTcomposite
Posts: 4688
Joined: Fri Apr 23, 2010 6:06 pm
Delivery Date: 10 Dec 2011
Leaf Number: 5926
Location: Central FL

Re: End of Lease Strategies?

Thu Oct 09, 2014 11:40 am

penorman wrote:Thanks to another poster on this thread, I called Nissan Finance and they said we will extend our lease for six months past the September termination date, at our current monthly rate ($120). We get a month-by-month option to terminate each month during the extension. It sounded like they would do further six-month extensions after this one. They are sending papers to sign. No dealer involvement. Absent some surprise in the paperwork, that works great for us. I don't know what this does to the residual value, and don't care because we are not interested in buying this car.
Boy, I'd ride that pony till it died!
I wouldn't mind having my lease extended at $120/mo, not interested at my current payment 4X that.
LTL
White 2012 SV delivered 10 Dec 2011 returned 25 Nov 2014 replaced with stopgap ICE Sentra
[35 months] [35K miles] [9 Bars]
2013 Volt replaced after 36 months/30k miles with ICE Rogue
2016 SV-adjacent May 2016 lost 4th bar March 2018

penorman
Posts: 7
Joined: Sat Sep 29, 2012 12:09 pm
Delivery Date: 28 Sep 2012
Leaf Number: 19662
Location: Portland, OR

Re: End of Lease Strategies?

Thu Oct 09, 2014 12:35 pm

Our lease extension did go through, continuing our current monthly payment for six months. I don't think we ever got a written confirmation from Nissan of the extension, but our monthly statement started showing the extended lease period.

LeftieBiker
Moderator
Posts: 13221
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: End of Lease Strategies?

Thu Oct 09, 2014 12:40 pm

That's good. I'll be extending my $149 lease starting in June.
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.

Turnover
Posts: 230
Joined: Sat Dec 01, 2012 9:33 am
Delivery Date: 16 Nov 2012
Leaf Number: 410371
Location: Vancouver, WA

Re: End of Lease Strategies?

Thu Oct 09, 2014 12:58 pm

Thanks, I'll keep my eye out for the extension and not worry too much about it. Our lease is $99/mo and we would like to keep some powder dry to buy/lease an extended range Leaf that operates on 3G.
2012 SL:
03/30/16 43,300 mi - 383 QC's & 2467 L1/L2's 79% SOH
2013 SV (#410371) - Purchased 4/25/2016:
4/28/16 18,115 mi- 4 QC's & 705 L1/L2's 97% SOH
2/18/17 28,756 mi- 66.17 AHr, SOH 100%, Hx 101.45% 284 GiDs

TimLee
Posts: 2811
Joined: Thu Jan 20, 2011 9:40 am
Delivery Date: 17 May 2011
Leaf Number: 2026
Location: Chattanooga, TN

Re: End of Lease Strategies?

Fri Oct 10, 2014 5:22 am

JeremyW wrote:...
You know, I was thinking about that... But I already have a 39 month lease. For me, it would be turning the car in early (maybe exercising the 3 payments waved deals). ...
JeremyW wrote:... Again my goal is to get this working in time for REfuel (electric car races) in June 2015. ...
If you terminate early, isn't that before June 2015?
Are you removing Brusa before lease return?
Or do you have two LEAFs?

Tim Lee
Chattanooga, TN

Man. Date: 03/10/11, VIN # 2026
Delivered 05-17-2011
Blue Ocean, 2011 SL-eTec

User avatar
JeremyW
Posts: 1541
Joined: Sun Nov 13, 2011 12:53 am
Delivery Date: 23 Jun 2012
Leaf Number: 19136
Location: San Gabriel, CA

Re: End of Lease Strategies?

Fri Oct 10, 2014 7:47 pm

I will remove my Brusa before lease return. No I do not have two leafs. A lot of things could happen between now and June/September of next year.
Former 2012 SL leasee 6/23/12 - 9/23/15
Former Fit EV leasee.
Now driving Spark EV and Model 3.

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