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TonyWilliams
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Joined: Sat Feb 19, 2011 1:48 am
Location: San Diego
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Re: Wholesale value of the 2011 Leaf @Auction

Sat Aug 11, 2012 3:54 pm

I know Enterprise still has them in San Diego.

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Randy
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Joined: Thu Apr 22, 2010 12:29 pm
Delivery Date: 04 Jan 2011
Leaf Number: 0191
Location: San Diego, CA

Re: Wholesale value of the 2011 Leaf @Auction

Sat Aug 11, 2012 3:55 pm

CarMax San Diego used LEAF inventory...

http://www.carmax.com/enus/search-resul ... 124&ADc=10" onclick="window.open(this.href);return false;

2 LEAFs there now, $28K with 5K miles and $27K with 13K miles.... :)

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TonyWilliams
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Location: San Diego
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Re: Wholesale value of the 2011 Leaf @Auction

Sat Aug 11, 2012 4:02 pm

Randy wrote:CarMax San Diego used LEAF inventory...

http://www.carmax.com/enus/search-resul ... 124&ADc=10" onclick="window.open(this.href);return false;

2 LEAFs there now, $28K with 5K miles and $27K with 13K miles.... :)
My car is in Irvine. I typed in "any distance" and "highest miles".

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Randy
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Location: San Diego, CA

Re: Wholesale value of the 2011 Leaf @Auction

Sat Aug 11, 2012 4:28 pm

I relaxed the search and found 8 cars....All priced similiarly....$25K - $28K

I'm biased as an original LEAF owner, but will people really pay those prices? Doesn't seem realistic...

I guess it's the uneducated selling to the uneducated.....Caveat Emptor......

smkettner
Posts: 7397
Joined: Mon Aug 09, 2010 10:13 pm
Delivery Date: 26 Feb 2014
Location: Orange County, CA

Re: Aug 2012 Wholesale value of the 2011 Leaf @Auction

Sat Aug 11, 2012 5:37 pm

TomT wrote:I think one issue was that the rental cost was high compared to what a similar ICE would rent for... Many people probably said, "Why bother AND have to worry about range and chargers..."
Only reason to rent would be for an extended test drive.
1 bar lost at 21,451 miles, 16 months.
2 bar lost at 35,339 miles, 25 months.
LEAF traded at 45,400 miles for a RAV4-EV
RAV4 traded in for I-Pace Dec 2018

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evnow
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Re: Aug 2012 Wholesale value of the 2011 Leaf @Auction

Sun Aug 12, 2012 11:50 am

ENIAC wrote:I can give you one data point. I was reading where year old LEAF rental cars are now being sold off which were never or very rarely rented. Many only had a couple of hundred miles on them.
Where were you reading ?

I doubt most of the used cars sold are rentals. May be people buying Leaf without realizing the limitations & selling them off in a month or two (like one Google guy who used to post here did ?).
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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TomT
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Location: California, now Georgia
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Re: Aug 2012 Wholesale value of the 2011 Leaf @Auction

Sun Aug 12, 2012 12:01 pm

Yep, and that is not a very big market I suspect.
smkettner wrote:
TomT wrote:I think one issue was that the rental cost was high compared to what a similar ICE would rent for... Many people probably said, "Why bother AND have to worry about range and chargers..."
Only reason to rent would be for an extended test drive.
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.

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OrientExpress
Posts: 1530
Joined: Sun Aug 08, 2010 12:22 pm
Delivery Date: 10 May 2011
Leaf Number: 2331
Location: San Jose, Ca

Re: Aug 2012 Wholesale value of the 2011 Leaf @Auction

Sun Aug 12, 2012 1:06 pm

evnow wrote:
ENIAC wrote:I can give you one data point. I was reading where year old LEAF rental cars are now being sold off which were never or very rarely rented. Many only had a couple of hundred miles on them.
Where were you reading ?

I doubt most of the used cars sold are rentals. May be people buying Leaf without realizing the limitations & selling them off in a month or two (like one Google guy who used to post here did ?).
Just as a point of reference, Rental Car firms have very firm parameters for rotation of vehicles out of their fleets. These are 1) milage limitations (usually 30K miles) or time in service (usually less than 1 year)

It is routine to see high-line and specialty vehicles (like the LEAF) to rotate out of the fleet at auction with very low mileages.

Other sources of very low-mileage cars at dealer auctions include:

- Roll backs (where a car is sold, and then it is determined that the buyer can't meet credit requirements, so the car is repossessed and cannot be resold as new)
- Manufacturer event promotional cars (cars that are used as transportation at a sporting event or other type of public event by a manufacturer for promotional purposes)
- Lemon Law buybacks, but these are clearly marked and have a salvage title
- Buyers remorse buybacks from states that have laws that allow this
2018 LEAF SL
Gun Metalic
Delivery April 10 2018

Prior LEAF:
2014 LEAF SV
Ocean Blue
Delivery May 23 2014
50,000+ miles - all 12 bars - Same range as new - No warranty issues ever!

IBELEAF
Posts: 1235
Joined: Wed Jul 07, 2010 5:23 pm
Delivery Date: 06 Apr 2011
Location: Seattle, WA

Re: Wholesale value of the 2011 Leaf @Auction

Thu Aug 16, 2012 9:58 am

So if these updates and price changes are for real, pre 2013 models could loose a lot value.

http://green.autoblog.com/2012/08/16/20 ... -lot-less/" onclick="window.open(this.href);return false;
Currently: '12 Volt (12k) since 7/2012
Previously: '11 Leaf SL (w/ 12k miles & 16 month ownership)

EricBayArea
Posts: 672
Joined: Wed Aug 10, 2011 9:41 am
Delivery Date: 08 Oct 2011
Location: Walnut Creek, CA

Re: Wholesale value of the 2011 Leaf @Auction

Thu Aug 16, 2012 11:54 am

IBELEAF wrote:So if these updates and price changes are for real, pre 2013 models could loose a lot value.
And then when the 2015 models come out the pre 2015 models could loose a lot of value. Repeat.

The LEAF, as with 99.9% of cars, is not an investment. It loses money the moment you sign the dotted line and every day you still own it. Every few years a new, better, flashier, faster, more efficient, better equipped model of every car is on sale and the one you own goes down in value - it's just the nature of things. Add to that buying a first gen of anything you typically pay a higher price for something that will only improve of functionality and get cheaper in price.

Heck, my first generation Barnes and Noble Nook was $250 (a gift) and you can get one now for $89 that's smaller, has a clearer screen and better battery life.

With that being said, with the incentives we received for the car I think it's resale is doing quite well for being 1 year old.
Color: Cayenne Red
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