Yodrak
Well-known member
I bought. Used.
arnis said:Is it also called leasing if I pay every month and after 5 years (60 months) of successfully doing so vehicle will be mine?
arnis said:I see. In EU usually bank buys the vehicle (pays 100% to manufacturer on the first day).
Agreement says that until the last cent hasn't been paid back real owner is the bank.
It is also possible to choose not to pay "residual" value 10-15%. Vehicle will be taken away.
dhanson865 said:arnis said:I see. In EU usually bank buys the vehicle (pays 100% to manufacturer on the first day).
Agreement says that until the last cent hasn't been paid back real owner is the bank.
It is also possible to choose not to pay "residual" value 10-15%. Vehicle will be taken away.
If there is a residual we call it a "lease"
If there isn't we call it "financing"
Either way some company has their name on the title and you share ownership with them until pay the last payment and there is no outstanding debt.
If you pay in full it is "bought", if you "finance" you are "buying" until you "pay it off".
If you "lease" you may or may not "pay it off" so we don't consider that buying until you decide to pay the residual.
tesleaf said:I cast my vote but read the post and realized it was only for 2013 Leaf.
I could not retract my vote.
WesR32 said:I just bought a used 2013 Leaf SV (Bose and surround camera) with 31k miles for 10k out the door financed First EV so excited to learn all about them.
LeftieBiker said:WesR32 said:I just bought a used 2013 Leaf SV (Bose and surround camera) with 31k miles for 10k out the door financed First EV so excited to learn all about them.
What is the build month n the driver's side door sill sticker?
Lesson #1: keep the battery as cool as is possible in your hot climate. Also don't charge when the battery is hot (above 6 temp bars) and especially don't use Quick Charge (if you have the port) when the battery is hot. 120 volt "L-1" charging seems to cause little or no heating of the battery.