sonnylax
Well-known member
I'm trying to figure out how the dealers make money here... If I buy my leased car for say $7 or $8k off Residual, what's in it for the Dealers?
sonnylax said:I'm trying to figure out how the dealers make money here... If I buy my leased car for say $7 or $8k off Residual, what's in it for the Dealers?
sonnylax said:Wonder if makes better sense, just to say I'm willing to pay X amount, out the door, to the dealers (to buy the car outright)?
sonnylax said:How would one determine the current Wholesale price?
What is TTL?
Tax, Tag, Title, L ??
DaveinOlyWA said:Two days after I turned in my 2013 Residual; 12K and change, this popped up on my payment history...
DuncanCunningham said:DaveinOlyWA said:Two days after I turned in my 2013 Residual; 12K and change, this popped up on my payment history...
Cool, I'm going to look up this on my account and see if they post the real price the dealer paid Nissan for it.
Well, NMAC is somewhat short on options. If they take the vehicle back and sell it at auction, they are going to get even less.sonnylax said:It's amazing that Nissan Finance is taking a bath on these vehicles and they want to dump us back on the Dealerships....
cmrandyh2014 said:I just bought out my lease on a 2014 Leaf S with Quick Charge Port.
Details-
Original Cost 29,228
Residual 13,512.75
$500 Down
36 month lease 278.68/mo including tax
$2500 Rebate Check from CA
Car due back April 30th 2017
Remaining payments $836.04 plus lease return fees.
Payoff as of today was 14,239
They offered it to me for 9239 ($5,000 discount from NMAC)
I countered with $7,000
Settled on $7439.27
Total with Tax,Title, etc was $8,296.01
Unless i am doing the math wrong my all in cost for the car was
$500 Down
33 payments 278.68 = $9196.44
Purchase total = $8296.01
Total $17,992.45
less $2500 CA rebate
Total cost = $15,492.45
I did it at Orange Coast Nissan in Costa Mesa.
They said they can work out a deal regardless of where you purchased but discount is determined by the VIN number.
I worked with Gabriel Lara 714-444-4220 x 8303 or [email protected]
Bottom line is EV's are going to keep getting better range, but if the 90 mile range works for you, there are deals to be had
Iubball said:I ended up not taking the lease buy out. However, the dealer offered to buy the car out from me, and effectively made it a zero trade, however allowing for tax credit for the trade in. Instead, leased a new 2016 SV for $254/month, first month payment only upfront.
pasadenaleaf said:cmrandyh2014 said:Someone scratched my front bumper recently and insurance paid me $800. I cashed the check and was going to fix the car before returning it but I won't do that now that I am keeping it. Even sweeter.
Bufordleaf said:pasadenaleaf said:cmrandyh2014 said:Someone scratched my front bumper recently and insurance paid me $800. I cashed the check and was going to fix the car before returning it but I won't do that now that I am keeping it. Even sweeter.
Bro, I'm pretty sure that's called insurance fraud.
Bufordleaf said:pasadenaleaf said:cmrandyh2014 said:Someone scratched my front bumper recently and insurance paid me $800. I cashed the check and was going to fix the car before returning it but I won't do that now that I am keeping it. Even sweeter.
Bro, I'm pretty sure that's called insurance fraud.
Right now, Nissan is currently offering $7,500 off the purchase price of your 2015 Nissan LEAF. Also for those who purchase their lease vehicle before Feb. 28, 2017 the Doc. Fee ($698) will be waived.
Gearscout said:Whoa! Could this be REAL?
2015 Leaf S. 8k miles. 12 bars.
My 2 year lease is expiring and the dealers sent me a note saying:
Right now, Nissan is currently offering $7,500 off the purchase price of your 2015 Nissan LEAF. Also for those who purchase their lease vehicle before Feb. 28, 2017 the Doc. Fee ($698) will be waived.
That would cut off 4 payments of $269.
My residual is $11,520
$4,020 for my pristine LEAF?
I just got off the phone with the dealer who explained, yes, that would be the price...but have to add in my remaining 4 payments and pay tax to the State of Georgia. The final guaranteed price:
$5,817.12
I've had seat covers on it and Weather Tech floor liners. It's in perfect condition. I don't see how I can possibly pass this up! If nothing else, I could turn around and sell it.
Note: 2 years ago, I leased my Second LEAF and for a second time collected the $5,000 Georgia State Tax Rebate. So, I've been driving a LEAF for 4 years for around $50 a month.
I'm retired now and only use the LEAF around town. Maybe a few trips to the airport every year. (65 miles roundtrip.)
Thank you, Nissan. Thank you, Georgia. Go Falcons!
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