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mwalsh
Posts: 9749
Joined: Thu Apr 22, 2010 10:10 am
Delivery Date: 05 Jan 2011
Leaf Number: 0213
Location: Garden Grove, CA

Re: What is the cost of lease vs buying.

Thu Jul 22, 2010 1:27 pm

IBELEAF wrote:as far as I was told down payment includes first month payment.
Oops, you're right. Will adjust my numbers accordingly.
2011 Blue Ocean SL with 86,000 miles
2015 pack on 12/30/15
Tinted windows
Bosch AGM 12v
Ecopia 422+ tires
L1 EVSE upgrade
FIAMM horns
Superbright LED lighting
2013 sun visors
LED shifter
Heated seats
GT-R map lamp lenses
Altima illuminated door switches

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planet4ever
Posts: 4674
Joined: Sat Apr 03, 2010 9:53 pm
Delivery Date: 02 May 2011
Leaf Number: 1537
Location: Morgan Hill, CA, south of San Jose

Re: What is the cost of lease vs buying.

Thu Jul 22, 2010 1:57 pm

DaveinOlyWA wrote:but, that all assumes that gas is not greater than $4 a gallon because if it is, any EV on the market will be on a 6 month waiting list and used vehicles will not be selling for $20K, they could be $30K or more
That doesn't matter at all. Gas prices will not be greater than $4/gallon this coming winter. The lease residual price is written into the contract at the start of the lease. Even if used Leafs were selling at $30K three years later, you could still get yours at the pre-arranged price.

By the way, don't forget the OP's other condition. He's going to lose $1K of his tax credit if he buys. He will, in effect, get that if he leases. I'm guessing that fact alone may tilt the balance toward lease for him.
End of April 2013: Traded my 2011 SL for a 2013 S with charge pkg.

User avatar
mwalsh
Posts: 9749
Joined: Thu Apr 22, 2010 10:10 am
Delivery Date: 05 Jan 2011
Leaf Number: 0213
Location: Garden Grove, CA

Re: What is the cost of lease vs buying.

Thu Jul 22, 2010 1:58 pm

planet4ever wrote:By the way, don't forget the OP's other condition. He's going to lose $1K of his tax credit if he buys.
Does that also include his EVSE? If not, and he's loosing $1k on the car, the reality is that he's loosing $2,100 if both happen the same year!
2011 Blue Ocean SL with 86,000 miles
2015 pack on 12/30/15
Tinted windows
Bosch AGM 12v
Ecopia 422+ tires
L1 EVSE upgrade
FIAMM horns
Superbright LED lighting
2013 sun visors
LED shifter
Heated seats
GT-R map lamp lenses
Altima illuminated door switches

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EVDRIVER
Moderator
Posts: 6753
Joined: Sat Apr 24, 2010 7:51 am

Re: What is the cost of lease vs buying.

Thu Jul 22, 2010 4:21 pm

In CA, I thought sales tax was added on top of the lease payment as well?

User avatar
mwalsh
Posts: 9749
Joined: Thu Apr 22, 2010 10:10 am
Delivery Date: 05 Jan 2011
Leaf Number: 0213
Location: Garden Grove, CA

Re: What is the cost of lease vs buying.

Thu Jul 22, 2010 4:22 pm

EVDRIVER wrote:In CA, I thought sales tax was added on top of the lease payment as well?
Yep, lease payments are plus tax, title, and license.
2011 Blue Ocean SL with 86,000 miles
2015 pack on 12/30/15
Tinted windows
Bosch AGM 12v
Ecopia 422+ tires
L1 EVSE upgrade
FIAMM horns
Superbright LED lighting
2013 sun visors
LED shifter
Heated seats
GT-R map lamp lenses
Altima illuminated door switches

User avatar
Gonewild
Posts: 1262
Joined: Wed Apr 28, 2010 5:05 pm
Delivery Date: 18 May 2011
Leaf Number: 229
Location: Chandler, AZ

Re: What is the cost of lease vs buying.

Thu Jul 22, 2010 5:32 pm

would it be nice if the EV car was tax exempt like Solar panels are in AZ
Over 25,300 miles Plus - Now Sold/ Lease given back to Nissan 8-25-2012
Ordered Glacier Pearl Nissan Leaf SL eTech Edition on 8/31, Delivered March 1, 2011
POWERED By SunPower 5.16kw PV Solar home 3 Solar water panels.
Reserved 4/20

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evnow
Moderator
Posts: 11480
Joined: Thu Apr 22, 2010 11:41 am
Delivery Date: 25 Feb 2011
Leaf Number: 303
Location: Seattle, WA

Re: What is the cost of lease vs buying.

Thu Jul 22, 2010 5:36 pm

Gonewild wrote:would it be nice if the EV car was tax exempt like Solar panels are in AZ
It is in WA.
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 ?

DaveinOlyWA
Posts: 14707
Joined: Sat Apr 24, 2010 7:43 pm
Delivery Date: 16 Nov 2019
Leaf Number: 319862
Location: Olympia, WA
Contact: Website

Re: What is the cost of lease vs buying.

Thu Jul 22, 2010 8:19 pm

Does a tax exemption still work For a leased vehicle in washington state?
On the 1 hand i can see how it would But then again i can also see how it might not either
2011 SL; 44,598 mi, 87% SOH. 2013 S; 44,840 mi, 91% SOH. 2016 S30; 29,413 mi, 99% SOH. 2018 S; 25,185 mi, SOH 92.23%. 2019 S Plus; 8468.7 mi, 95.18% SOH
My Blog; http://daveinolywa.blogspot.com" onclick="window.open(this.href);return false;

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evnow
Moderator
Posts: 11480
Joined: Thu Apr 22, 2010 11:41 am
Delivery Date: 25 Feb 2011
Leaf Number: 303
Location: Seattle, WA

Re: What is the cost of lease vs buying.

Thu Jul 22, 2010 9:11 pm

DaveinOlyWA wrote:Does a tax exemption still work For a leased vehicle in washington state?
On the 1 hand i can see how it would But then again i can also see how it might not either
There is specific language in the law which makes it work for lease.
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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