mageshh
Posts: 1
Joined: Fri May 05, 2017 9:14 am
Delivery Date: 05 May 2017

Fees/Chargets during Lease buyout

Fri May 12, 2017 10:31 am

Hello,
I am thinking of buying out my leaf lease. I am in CA. What are the typical fees associated with lease buyout. I know about the ones listed below. Is that all or there is more ? Do they change from region or the vehicle the deal is signed ?

1. The tax - based on sale price agreed
2. Registration fees 15$
3. Doc Fee $80
4. Salex tax on doc fee $6
5. EVR - $29

anything else ?

Thanks very much in advance,

eatsleafsandshoots
Posts: 88
Joined: Wed Oct 16, 2013 5:23 pm
Delivery Date: 16 Oct 2013
Location: Denver, CO

Re: Fees/Chargets during Lease buyout

Fri May 12, 2017 11:34 am

How much is your buyout? I'd be surprised if a '17 Leaf wasn't nearly as cheap in CA.

LeftieBiker
Posts: 9355
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 31 May 2013
Location: Upstate New York, US

Re: Fees/Chargets during Lease buyout

Fri May 12, 2017 11:46 am

I believe there is a $395 ($595?) buyout fee that is sometimes waived.
Scarlet Ember 2018 Leaf SL W/ Pro Pilot
2009 Vectrix VX-1 W/18 Leaf modules, & 3 EZIP E-bicycles.
PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

RonDawg
Posts: 2846
Joined: Sat Jan 12, 2013 3:46 am
Delivery Date: 11 Jan 2013
Leaf Number: 027089
Location: SoCal

Re: Fees/Chargets during Lease buyout

Sat May 13, 2017 4:49 pm

Assuming this is done at or near lease-end, your registration fee is going to be a lot more than $15, particularly if it's done after the new gas tax hike takes effect. That legislation includes a flat $100 yearly fee for EVs. The $15 you mention is just to put the car in your name only.

https://www.dmv.ca.gov/wasapp/FeeCalcul ... cleForm.do is the website for calculating the approximate registration fee when you purchase the car from NMAC.
Blue Ocean 2012 Leaf SV, lost that 1st bar at 34 months/26,435 miles. Lease returned 2 months later. Final LeafStat figures: 225 Gids, 17.44 kWH, SOC 91.89%, SOH 82.36%, 69.49% HX, 54.57 Ahr, battery temp 61.8 F.
Now driving a 2015 VW eGolf SEL.

cwerdna
Posts: 8196
Joined: Fri Jun 03, 2011 4:31 pm
Delivery Date: 28 Jul 2013
Location: SF Bay Area, CA

Re: Fees/Chargets during Lease buyout

Sat May 13, 2017 6:56 pm

LeftieBiker wrote:I believe there is a $395 ($595?) buyout fee that is sometimes waived.

On my lease contract, it mentioned the purchase fee was $300.

OP, make sure you're not overpaying for buying out your car.

https://sfbay.craigslist.org/search/cta ... _year=2014 can give you an idea. Change the model to whatever matches yours/what you'd like.

When I was near lease end in July 2015, Nissan was offering $6500 off buyout (http://insideevs.com/nissan-announces-u ... ased-leaf/) on my '13 SV w/both packages. Residual was a nutty $20,601. So - $6500 + $300 = $14,401. I could buy an identically equipped used Leaf of about the same age and mileage for $11K to $11.5K back then. No thanks.

Back the car went and I bought a used '13 Leaf SV w/premium only for $9,325 + tax and license (which was a lot more than $15).

Side note: If you're in PG&E-land, make sure you claim viewtopic.php?f=25&t=23235 while it's still registered to you.

'13 Leaf SV w/premium package (owned)
'13 Leaf SV w/QC + LED & premium packages (lease over, car returned)
'06 Prius

Please don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

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