Wholesale value of the 2011 Leaf @Auction March 2018

[IBELEAF]

By that I mean, today you can sell 2011 Leaf close to original purchase price but once 2013 model rolls out with lower price and much needed updates the value of 2011 Leaf probably will be lower by several thousands. It's a speculation of course, but I decided to jump ship while I still could.

[edatoakrun]

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.

Longer term, I think the major factor determining LEAF resale values will be future battery costs and/or whether the battery will be upgradable for 2011-12 LEAFs.

IMO, If we can buy 2011-12 LEAF compatible ~30 kWh battery packs for under ~$10k in five years, LEAF resale values will far exceed comparable ICEVs/PHEVs. If Nissan move on to non-compatible future battery designs, such as those requiring ATM, for example, LEAF resale values will be much lower.

However, I think there is good reason to expect very poor resale values for all 2011-12 ICEVs/PHEVs five years from now, as I don't see anything (other than gas prices consistently below $3 a gallon) stopping the eventual market realization, that current ICEVs/PHEVs are obsolescent designs.

Edit 9/17:

I just noticed that I left a single important word, current, out of my earlier post.

[OrientExpress]

Prices on 2011 LEAF SLs continue to show a normal depreciation curve for a 2 model year old vehicle during a fall model transition period. Actual wholesale transactions show a range $19.6K to $21.7K with retail holding steady at about $25K.

[TEG]

"Average Auction Odometer" is only 3,740 miles ?!

[EdmondLeaf]

below 20K$ retail
http://www.keyeschevy.com/vehicle/2011- ... 24326.html

2011 Nissan LEAF
SL Hatchback 4D Hatchback
Mileage: 7713
VIN: JN1AZ0CP9BT007570
Ext Color: Super Black
NOW: $19,995

[gaswalla]

that's a shame... that car has all it's capacity bars and only 7500 miles - actually a good deal.

Problem is that all LEAF's are soon to be worth near zero since word will get out that the useful life of a LEAF is 50k... then, maybe 19k still isn't cheap enough.

question is: who is still buying a new LEAF?

[camasleaf]

that's a shame... that car has all it's capacity bars and only 7500 miles - actually a good deal.

Not if it was brought to LA from Arizona . It is at a Chevy dealer, it looks like somebody trade it in for a Volt.

[gaswalla]

that's a shame... that car has all it's capacity bars and only 7500 miles - actually a good deal.

Not if it was brought to LA from Arizona . It is at a Chevy dealer, it looks like somebody trade it in for a Volt.

good point about not knowing where the car came from.. but, we should all be aware that since no one knows the geographic history of any LEAFs, this affects every LEAF's resale value, even the folks up north in Washington.. (if not, the AZ folks need to unload their LEAF's in WA - it'll be well worth their transport costs)

[Weatherman]

If you get the CarFax report, you can find out where the car was first registered. That will tell you whether it was an Arizona (or Texas, or Florida) car, or not.

[jspearman]

below 20K$ retail
http://www.keyeschevy.com/vehicle/2011- ... 24326.html

2011 Nissan LEAF
SL Hatchback 4D Hatchback
Mileage: 7713
VIN: JN1AZ0CP9BT007570
Ext Color: Super Black
NOW: $19,995

Stunning. 20k retail for what's essentially a brand new car. This car will be the most expensive lesson I've ever learned.