Leaf Price / Discount discussion thread

[czhp01]

@Weston479: What does in your out of door price include? Sales tax (%?), etc? Otherwise, not sure how to read the quote correctly.

Michael

[WetEV]

It’s not a bad deal for today, but demand has crashed, and better prices will be ahead, if you can hold in there.

Not sure what the future holds.

FED is pumping out money, M2 is up $3T mostly in the past two months, the production of lots of things has halted, so significant inflation seems a possibility. More money chasing fewer goods. Not 2% inflation, but 20% or more. Wall Street is doing very well just for this reason, stocks are better with inflation than bonds. Interest rates are staying low as the FED is buying bonds, including junk bond EFTs.

On the other hand, a lot of people are much poorer than they were a year ago. So demand for all but luxury goods might collapse.

Which effect is larger isn't clear. The future is going to be very interesting... and that's not a good thing.

I suggest taking the deal today might be better than waiting. But it is you, not me, rolling the dice. The deal in six months might be far better, or far worse.

[lorenfb]

FED is pumping out money, M2 is up $3T mostly in the past two months, the production of lots of things has halted, so significant inflation seems a possibility. More money chasing fewer goods. Not 2% inflation, but 20% or more. Wall Street is doing very well just for this reason, stocks are better with inflation than bonds. Interest rates are staying low as the FED is buying bonds, including junk bond EFTs.

A reminder for those that didn't take nor understand simple macro-economics! All the "free money" initially sounds great to many, right?

[goldbrick]

Inflation requires people to actually spend the money to purchase things. If this is a repeat of 2008, things like the stock market and house prices will inflate much more than everyday goods. All that money the FED is creating is not distributed equally and the well-off spend a much smaller % of their income and assets than others. The big inflation of the 1970's saw a lot of increase in the average worker's salary to try to keep up, which of course, makes everything more expensive. Until the average working wage starts going up, I don't think inflation is going to happen.

[lorenfb]

Until the average working wage starts going up, I don't think inflation is going to happen.

Checked food prices lately? Given the scarcity of items, e.g. meat, can goods, etc., many consumers really couldn't care less about prices,
they'll just buy it, i.e. within reason, based on perceived present & future needs. The big sources, e.g. Amazon, Costco, Krogers, & Walmart,
dominate now with better access to suppliers. A great example are the paper products. Seen any on the shelves lately? Given that, they
can easily raise those prices, and other scarce products.

[LeftieBiker]

The Seventies also produced "StagFlation, in which there was inflation during a recession with high unemployment. We are quite possibly looking at that happening again.

[WetEV]

Inflation requires people to actually spend the money to purchase things. If this is a repeat of 2008, things like the stock market and house prices will inflate much more than everyday goods.

Much of the money supply increase in 2008 was balanced by a falling velocity of money. We could have that again, as well.

Dr Doom is predicting food riots soon, and a "Greater Depression" with high unemployment and inflation.

https://nymag.com/intelligencer/2020/05 ... ubini.html

I don't know if this is common, but zucchini was $13.79/lb today. Crazy. Didn't buy any.

[webeleafowners]

Tesla just dropped prices by 2000 bucks on all three models from SR plus up. Getting closer to the price of a Leaf. Could have some impact on leaf sales.

[DougWantsALeaf]

Not much left to impact. I think Q1 sales were like 1300.

Nissan needs to go to a fixed price model (with lower starting point). Remaining 2019 S+ models can be had for low 20's right now before any additional negotiations, post federal rebate.

[NonSequitur]

Doug: a 2019 S+ for low $20s after the $7500, meaning about $29000 before the rebate? Not sure about that - I haven’t found any. I don’t even look at the plus because I’m bottom fishing for a 2019 and content with the lower range model. The person who revived this thread wrote that the best he found was a 2019 SV+ for $36, and the best I had found was a 2019 SV (no plus) for $31,600 (before $7500), and neither of those are low $20s. Mid $20s maybe, but tell me if I’m missing a deal somewhere.

As for price approaching Tesla, not really, because of the $7500 (Nissan still has it, Tesla does not). If Tesla still had the rebate I’d absolutely buy another, but without it they start at $38, so out the door maybe $45? Compared to the aforementioned mid-20s for the leaf, so twice the price. Again, correct me if I’m wrong, but that’s why I’m even considering a leaf and not a second Tesla 3, which I LOVE (best car ever!)