sonnylax
Posts: 170
Joined: Fri Apr 19, 2013 10:57 am
Delivery Date: 23 Apr 2015
Location: Peachtree Corners, GA

Re: End of Lease Strategies?

Sun Jun 01, 2014 8:02 pm

How do you know if an Early Lease Termination is available? Is it offered only to certain leasees? Or is offered only during a certain part of the calendar?

How does the Nissan Loyalty rebate work? How much is it typically and how do you ensure that the Dealer isn't screwing around with the money figures to their benefit?

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

Re: End of Lease Strategies?

Mon Jun 02, 2014 1:35 pm

SteveInSeattle wrote:I keep waiting for the most important detail!!! What does the one year extension do to the RESIDUAL?
My guess is it would be reduced by the amount of depreciation paid up.

Given my low lease rate ($125) and no worthwhile competition expected by next year, I'll probably end up extending my lease next May.
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 ?

brg2290
Posts: 74
Joined: Mon Oct 03, 2011 12:07 pm
Delivery Date: 16 Dec 2012
Leaf Number: 018872
Location: Eastern Washington

Re: End of Lease Strategies?

Fri Jun 06, 2014 6:37 am

P71VIC wrote: I have a ridiculously cheap $127/m payment.
evnow wrote:Given my low lease rate ($125)
Turnover wrote:vs the current $99 payments.
Similar to the original poster, my lease ends Dec. '14. I too have been offered the option of extinding for a year. My payment is $240 / mo. (this was a zero $ down, zero $ out the door $240/month).

How did the three of you get such great lease rates? Maybe more pertinent, are these rates still available today (without ridiculously high out the door fees)? The best I've seen in my limited searching is $1999 down, $148/month from North Bay Nissan. The ad is still up on their website, even though it says the offer ends May 31, 2014.

Gary

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

Re: End of Lease Strategies?

Fri Jun 06, 2014 11:49 am

brg2290 wrote:Similar to the original poster, my lease ends Dec. '14. I too have been offered the option of extinding for a year. My payment is $240 / mo. (this was a zero $ down, zero $ out the door $240/month).

How did the three of you get such great lease rates?
Mine is really like yours - since I paid $2k down. Zero down mine would have been something like $200 (no tax 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 ?

ObjetDart
Posts: 103
Joined: Tue Jul 16, 2013 10:15 am
Delivery Date: 12 Jul 2013
Leaf Number: 409649
Location: Eugene, OR

Re: End of Lease Strategies?

Fri Jun 06, 2014 12:16 pm

I pay $129/month but I had to pay $2999 down to get it.

In retrospect it probably wasn't the savviest move, but what you gonna do.
2013 SV Metallic Slate w/ quick charge package

Viktor
Posts: 112
Joined: Sun Dec 02, 2012 2:56 pm
Delivery Date: 10 Dec 2012
Location: Centennial, CO

Re: End of Lease Strategies?

Mon Jun 09, 2014 8:37 am

I called Nissan today - they wouldnt discuss my lease termination till I received the packet from them 6 months prior to lease termination. Technically I am already there with my lease expiring Dec 4th - but no package yet. Is that something that being regularly offered - 1 year lease extension at the current price? I am considering Tesla X and according to their customer service it should be available, if I am to put deposit now, at around late summer/early fall next year - would work perfect. Is it the only extension U can get - in case Their production runing late?

apvbguy
Posts: 1403
Joined: Tue Apr 09, 2013 1:34 pm
Delivery Date: 10 Apr 2013
Location: Jacksonville FL.

Re: End of Lease Strategies?

Mon Jun 09, 2014 1:45 pm

Viktor wrote:I called Nissan today - they wouldnt discuss my lease termination till I received the packet from them 6 months prior to lease termination. Technically I am already there with my lease expiring Dec 4th - but no package yet. Is that something that being regularly offered - 1 year lease extension at the current price? I am considering Tesla X and according to their customer service it should be available, if I am to put deposit now, at around late summer/early fall next year - would work perfect. Is it the only extension U can get - in case Their production runing late?
don't hold your breath waiting for the Tesla X, if you are really interested in the Tesla and like your LEAF I would consider doing a 1 year extension because the model X more than likely is more than a year out from becoming reality
WARNING This post may contain material offensive to those who lack wit, humor, common sense and/or supporting factual or anecdotal evidence. All statements may be subject to literary devices not limited to: irony, metaphor, allusion and dripping sarcasm

LeftieBiker
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Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: End of Lease Strategies?

Mon Jun 09, 2014 3:04 pm

Given my low lease rate ($125) and no worthwhile competition expected by next year, I'll probably end up extending my lease next May.
I'm paying $149 a month and will also be extending my lease 4-6 months. Four if there is a great "lease sale' next Labor Day weekend, six if no sale. Those of us who made substantial down payments for low monthly payments would be foolish not to keep that low payment for as long as possible. I also have hopes to "sell" my purchase option at lease end, and if the residual is a bit lower, that's also better for that strategy.
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.

WHITELEAFLINY
Posts: 15
Joined: Sun Mar 03, 2013 8:53 pm
Delivery Date: 30 Nov 2012
Leaf Number: 19571
Location: long island ny

Re: End of Lease Strategies?

Mon Jun 09, 2014 6:50 pm

are you concered about the warranty expirein g ,if you leased for 3 years,and extend for another year.

LeftieBiker
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Re: End of Lease Strategies?

Mon Jun 09, 2014 9:26 pm

WHITELEAFLINY wrote:are you concered about the warranty expirein g ,if you leased for 3 years,and extend for another year.
I don't think this was addressed to me, but I'll answer for me: I leased for two years, so the warranty isn't an issue. Good point, though, although it seems that the Leaf's manufacturing defects seem to appear early.
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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