SteveInSeattle
Well-known member
There is a big flaw in the leasing vs buying discussion: Since I got $8500 in rebates and another 1,000 off MSRP, the $35,000 MSRP sells for $26,500. The residual is 60% of MSRP or $21,000. So I am paying only for $5500 over the 24 months. This is 16% of a Leaf, not 40% of a Leaf. As long as the Federal Government is going to give us $7500 off the economics of Leasing becomes more advantageous. When the Federal credit is used up the equation changes completely. I've now gotten $15,000 subsidy from the government for the 2011 and 2013 Leafs. Plus in Washington state there is no sales tax on EVs, so the payment is 10% less than for an ICE car.