RonDawg wrote:A big reason you are seeing a lot of these cars in used car auctions is because the residuals are far higher than their actual values. Plus there are more and better alternatives out there now that weren't available in 2011 or even 2012. Some previous Leafers have gone partially back to fossil fuel in the form of PHEVs like the Volt and the Ford Energi series.
Yep on all of these.
My residual on my former '13 Leaf SV w/both packages was a crazy $20,601. I knew it wouldn't be worth that much after 2 years/24K miles going in. Nissan offered a discount for those w/'13 Leaf on 2 year lease of $6500 on the buyout price. So, discount + $300 purchase fee would've made it $14,401 + tax but out my car. At the time, it was about $3K to $3.5K above used market prices on the exact same car w/same packages. So, back my leased Leaf went.
I'm sure many folks did the above.
But, after I bought mine, it seems used prices have gone up (!). Used car dealer I worked w/said franchise Nissan dealers are snatching up some and they're willing to pay more. And, they have a greater markup. If the much of the supply's gone there (assuming dealer's are able to sell), then a $14,401 + tax to buy your own car vs. Nissan dealer doesn't look so bad.
Yep... I've known of someone w/a Leaf who was glad to get rid of his leased Leaf. For him, it was good riddance. He replaced it with a 4Runner
. (Even when he had his Leaf, I'd sometimes see him drive a Porsche 911 to work.)
jtrinkle wrote:It seems like people are getting rid of these cars at about 5 or 6 years.
More like 2 or 3 years, the length of the most leases. A few were weird like 39 months. I believe there weren't 2 year leases available on the '11, only 3+ year. I don't recall about the '12 anymore.