pointlomadave
Well-known member
- Joined
- May 6, 2013
- Messages
- 85
So, I just sold my 2013 Leaf S a few weeks ago for $7k with 55k miles. I couldn't get anyone to come over and look at it 6 months earlier for $6k when it had 46k miles. A quick check on KBB confirmed that values were indeed up and still are after another check.. Seeing as u can't really buy a new Leaf right now, people can't cross shop a brand new Leaf with all the associated rebates with a used Leaf. Use that to your advantage! We bought a 2017 Leaf in March for $9300 + tax & fees (for a fully optioned Leaf S MSRP of $34k) post state and federal rebates.
The new 2018 Leaf being slightly cheaper and having more range could be the nail in the coffin for the used market four our cars.
Now, other consideration is that the GOP tax plan has a provision to end the Federal Tax rebate of $7500 for 2018 and later EV purchases. So, that could work in our favor for resale value...so stay abreast of that issue as changes/revisions are made to the law. I follow political stuff quite closely and the EV issue is far down the list of "reportable" and "news-worthy" info to most. So, you'll have to find the latest copy of the bill should it pass to determine your course of action.
If the GOP tax plan doesn't pass, the $7500 Fed rebate will remain and I'd say sell your Leaf ASAP while demand is high and prices have spiked several thousand dollars...and BEFORE 2018 Leafs hit lots!
Keep in mind...ANYONE who wants a Leaf right now MUST by USED! That will not be the case in just a month's time.
P.S. Further clouding the issue is that fact that 2016 and older Leafs will lose HOV (Carpool Lane) access in California in Jan 2019...a little less than 1 year away. 2017 and later EV's can extend that by 3-5 years and will be issued a new sticker. Also, the CA $2500 rebate is currently not funded meaning it is deterring people from new EV's even more so.
Discuss!
The new 2018 Leaf being slightly cheaper and having more range could be the nail in the coffin for the used market four our cars.
Now, other consideration is that the GOP tax plan has a provision to end the Federal Tax rebate of $7500 for 2018 and later EV purchases. So, that could work in our favor for resale value...so stay abreast of that issue as changes/revisions are made to the law. I follow political stuff quite closely and the EV issue is far down the list of "reportable" and "news-worthy" info to most. So, you'll have to find the latest copy of the bill should it pass to determine your course of action.
If the GOP tax plan doesn't pass, the $7500 Fed rebate will remain and I'd say sell your Leaf ASAP while demand is high and prices have spiked several thousand dollars...and BEFORE 2018 Leafs hit lots!
Keep in mind...ANYONE who wants a Leaf right now MUST by USED! That will not be the case in just a month's time.
P.S. Further clouding the issue is that fact that 2016 and older Leafs will lose HOV (Carpool Lane) access in California in Jan 2019...a little less than 1 year away. 2017 and later EV's can extend that by 3-5 years and will be issued a new sticker. Also, the CA $2500 rebate is currently not funded meaning it is deterring people from new EV's even more so.
Discuss!