LeafyAustin said:MY15 on 36-mo lease reduced to $4,700 in May. Lease extension anyone?
Two points:
* The "early termination fee" language has always been there, but it isn't used. The lease is month by month and the only penalty you pay is owing the free payments if you don't extend at least 6 months. It made some of us nervous at first, but there is no record of Nissan every imposing an early termination penalty other than invalidating the free months.
* Nobody lowers lease payments on an extension. That's because it isn't a new lease - it's an extension of the existing terms.
LeafyAustin said:MY15 on 36-mo lease reduced to $4,700 in May. Lease extension anyone?
That is precisely the point of a lease - so that you have that option, if it is in your best interest.AlanSqB said:At this point I just want to hand it back and walk away.
Anybody know where I can get a set of lease-return compliant tires for this thing cheap?
We are all just guessing about the future, but I would think the release of the new Leaf would put a major damper on the resale value of the 24kwh Leaf. I'd think that would be reflected in prices on the used market and in buyout incentives. We'll see.kiko said:So, missing the $6700 buyout incentive last month and not wanting to bite on $4700, I decided to extend lease of MY15 from late September to late April '18. Lease is 171/mo so that factored in decision. Still, am having some remorse as I like the vehicle and it is working well for our needs, any chance incentives will come back up? Past history from this thread indicates not likely, but maybe with Leaf 2.0 there will be another round of better incentives? Any thoughts appreciated.
ishareit said:Just fyi... Dont know if this is a great deal or not, but I bought back my car yesterday, 2014 Leaf S, 36 month lease for 6400$ + tax/registration/80$ dealer fee, total - $7274. The residual was 12092$.
AlanSqB said:Yes, I'm assuming that Nissan is no longer concerned about a glut of used units sitting on dealer lots and therefore sweetening the incentive. They must be moving the metal. Good for them.
kiko said:So, missing the $6700 buyout incentive last month and not wanting to bite on $4700, I decided to extend lease of MY15 from late September to late April '18. Lease is 171/mo so that factored in decision. Still, am having some remorse as I like the vehicle and it is working well for our needs, any chance incentives will come back up? Past history from this thread indicates not likely, but maybe with Leaf 2.0 there will be another round of better incentives? Any thoughts appreciated.
DaveinOlyWA said:ishareit said:Just fyi... Dont know if this is a great deal or not, but I bought back my car yesterday, 2014 Leaf S, 36 month lease for 6400$ + tax/registration/80$ dealer fee, total - $7274. The residual was 12092$.
no location makes an evaluation impossible. Would be a good deal here but...
ishareit said:DaveinOlyWA said:ishareit said:Just fyi... Dont know if this is a great deal or not, but I bought back my car yesterday, 2014 Leaf S, 36 month lease for 6400$ + tax/registration/80$ dealer fee, total - $7274. The residual was 12092$.
no location makes an evaluation impossible. Would be a good deal here but...
California. Zip code: 94544
Unfortunately that stuff is not supposed to happen until September, so I don't think the timeframes mesh for you.AlanSqB said:Exactly what I am hoping for. I'm thinking that as soon as they start releasing photos and purchase details for the '18, the incentives could come back up. However, I've only got one more month that I can hold out. $7500 is still my magic number.
What is somewhat surprising are that people are still paying those prices for a used Leaf when for not much more they could get a new one with more range.
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