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Colorado Deals on Leafs!

Posted: Fri Apr 28, 2017 12:00 am
by sendmeonmyway
Colorado dealers are eager to sell the 2017 leafs. There are huge discounts.
  1. 5k - Colorado State rebate (you can claim yourself next tax season, or the dealer can give you the discount, and they get the credit)
  • 7.5k - Federal tax rebate. up to 7.5k, as long as you paid that much tax last year. You get the rebate on your taxes next tax season. (or now, if you change your W4 income withholding to match.
  • Ask for dealer rebates! They are offering huge discounts. Call around. Walk in and ask. Folks are getting 2,3,4k+ accessories!
That's a sweet discount on a cool car.

Just ask for the leaf experts. If you don't, you'll get some stupid comments. "you'll get a free tank of gas if you buy from me today (not joking)"

Re: Colorado Deals on Leafs!

Posted: Fri May 19, 2017 10:25 am
by cantdecide
We're thinking of relocating to Colorado from California.
We own a 2014 Leaf S (bought in 2014), with 30,000 miles on it, still have 12 bars.
Normally I'd just ship the car over, but these deals have me thinking of selling and buying.
I'm trying to get my head around all the various discounts and rebates that may or may not be available to me with each option.

sendmeonmyway wrote:Colorado dealers are eager to sell the 2017 leafs. There are huge discounts.
  1. 5k - Colorado State rebate (you can claim yourself next tax season, or the dealer can give you the discount, and they get the credit)
I presume I can't get a Colorado rebate on my old Leaf if I bring it to Colorado (either the old rebate or the new rebate)?
The new rebate doesn't seem to apply to used Leafs (although I bought my Leaf new in 2014)?
The old rebate might but I'm probably too late for that?
Note that I wouldn't be selling the Leaf to myself, just bringing it into my new home of Colorado.

For the new rebate for a new Leaf as long as my W2 income for 2017 is over $100k I should be fine to get it, correct?
sendmeonmyway wrote:
  • 7.5k - Federal tax rebate. up to 7.5k, as long as you paid that much tax last year. You get the rebate on your taxes next tax season. (or now, if you change your W4 income withholding to match.
yep, already received on my old Leaf, would get this with a new one.
sendmeonmyway wrote:
I guess for this I cannot purchase the Leaf until I actually have an xcel energy bill, which I'm guessing won't be until August. Basically the best I can do here is wait for July 1 and see if they extend it.
My guess is that the discounts will only get better until the next generation Leaf comes out.
sendmeonmyway wrote:
  • Ask for dealer rebates! They are offering huge discounts. Call around. Walk in and ask. Folks are getting 2,3,4k+ accessories!
There is currently a $4k NMAC rebate and VPP is $1k... but these technically seem to conflict with the xcel energy rebate, so wouldn't technically apply... hence any extra discounts are likely negotiation.
sendmeonmyway wrote: That's a sweet discount on a cool car.
Yep. If I can get all the above on a base 2017 S then I might be able to sell in CA, buy new in CO, net cost around $0 and come out of it with a new Leaf with more range.
The extra range would be nice to have (with winter cold weather and snow tires) but not an absolute requirement. We also own a Tesla for long distance drives, so this is a second car for spouse/au pair etc...
Our 2014 Leaf S with quick charge only cost $14,600 new after all the rebates and discounts... that seemed a great deal at the time!

Re: Colorado Deals on Leafs!

Posted: Fri May 19, 2017 10:52 am
by SageBrush
Be sure of the timing to get the Colorado rebate.
You have to be a resident at the time you buy the car.

Re: Colorado Deals on Leafs!

Posted: Tue Jul 18, 2017 11:05 pm
by sendmeonmyway
cantdecide -

I'd think there could be some arbitrage here... aka, sell and buy.

The rebates won't work on old leafs.

New federal rebate isn't based on W2 or earnings, it's on taxed paid. That said, most folks who W2 100k pay more than $7500/federally each year, so you'd likely be covered. Check your tax return (1040ez, line 10, 1040, line 44).

You might be able to sign up with xcel sooner... Or get creative. Or I can add your name to my bill (for a fee of tasty beverages). I'm told the XCEL deal goes through this month, but no longer.

I'd agree the 4k/1k NMAC deals don't apply. Negotiation works well though. They want these cars moved. Fast.

Not a bad car to have around!! PM me if you'd like!!

Re: Colorado Deals on Leafs!

Posted: Wed Jul 19, 2017 1:43 pm
by cantdecide
Ok. Thanks... I was under the impression that the Xcel energy deal ended at the end of June?
However many of the other states had deals extended until September 30.

I think I will wait until next month sometime when I become a CO resident, then if I can get a cheap upgrade I will... Otherwise my 2013 leaf still works great.
My company is paying for relocation so I'm not saving anything by selling and buying instead of transporting and according to kbb the used leaf process only suffer by $50

Re: Colorado Deals on Leafs!

Posted: Wed Jul 19, 2017 4:46 pm
by SageBrush
Keep in mind Colorado car taxes that include purchase and annual property, the latter scaled to car age. They put a pretty good dent into passing thoughts of casual upgrades. Depending on the county in Colorado they will add 6 -9% expenses of the new car value to the swap.

The other issue to keep in mind for people paying close attention to costs is insurance. A 2013 Leaf has very little value and can be insured for under $1 a day. I pay about $200 a year. A new car will be quite a bit more expensive since a lender will demand full coverage and even most people who pay cash will be inclined to do the same.

Re: Colorado Deals on Leafs!

Posted: Thu Jul 20, 2017 11:12 am
by Nfuzzy
Has anyone had any luck getting the Xcel discount without being an Xcel customer? We don't have that deal here in the springs but if we did I would jump on it.

Re: Colorado Deals on Leafs!

Posted: Thu Jul 20, 2017 7:38 pm
by SageBrush
Rest assured Xcel is not paying $10k per car, so keep your eyes open for other promotions in Colorado. I know that my county just had one without any utility sponsor.

Re: Colorado Deals on Leafs!

Posted: Sat Jul 29, 2017 7:21 am
by sendmeonmyway
cantdecide wrote:Ok. Thanks... I was under the impression that the Xcel energy deal ended at the end of June?
However many of the other states had deals extended until September 30.

I think I will wait until next month sometime when I become a CO resident, then if I can get a cheap upgrade I will... Otherwise my 2013 leaf still works great.
My company is paying for relocation so I'm not saving anything by selling and buying instead of transporting and according to kbb the used leaf process only suffer by $50

Xcel deal was moved through July.

Re: Colorado Deals on Leafs!

Posted: Sat Jul 29, 2017 12:07 pm
by cantdecide
sendmeonmyway wrote:Xcel deal was moved through July.
Thanks. It turns out now that we're starting a lease (in an Xcel area August 1 and arriving in CO on August 4th.
The corporate relocation team is paying to ship our LEAF.
So if the deal gets extended again we might go for it, otherwise keep what we have, or upgrade to model 3.