tinaCA
Posts: 59
Joined: Sat Nov 30, 2013 3:22 pm
Delivery Date: 30 Dec 2013

2019 lease vs 2015/16 purchase in SF Bay Area CA

Mon Aug 19, 2019 10:02 am

Our family has one car right now a 2016 cmax energi (PI hybrid). We are thinking of getting a second car and it would likely be a leaf - we last owned a 2012 leaf S on 3 year lease and loved that car.

Currently we have access to the following rebates used/new:

Local air $750/$1000
State $0/$2500 but currently depleted (we are not low income according to CA) should be able to collect at some point though
Utility $800/$800

We see regularly 2016 leaf’s for around $11-12k.

What’s the current breakdown on residuals and cost of ownership for lease with rebates vs used?

shop2order
Posts: 26
Joined: Mon Aug 29, 2016 12:36 pm
Delivery Date: 29 Aug 2016

Re: 2019 lease vs 2015/16 purchase in SF Bay Area CA

Thu Jan 02, 2020 11:50 am

What is the "Local air $750/$1000" rebate? I am considering leasing a new Leaf - I am not aware of this rebate. Could you provide he link to rebate site?

cwerdna
Posts: 11021
Joined: Fri Jun 03, 2011 4:31 pm
Delivery Date: 28 Jul 2013
Location: SF Bay Area, CA

Re: 2019 lease vs 2015/16 purchase in SF Bay Area CA

Thu Jan 02, 2020 11:56 am

Not sure but https://www.tesla.com/support/incentives under "Local & Utility Incentives" might help.

'19 Bolt Premier
'13 Leaf SV w/premium (owned)
'13 Leaf SV w/QC + LED & premium (lease over)

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

drhlee1
Posts: 36
Joined: Fri May 27, 2016 12:08 pm
Delivery Date: 07 May 2016
Leaf Number: 305595
Location: Santa Cruz, CA

Re: 2019 lease vs 2015/16 purchase in SF Bay Area CA

Fri Jan 03, 2020 11:13 am

I believe she is referring to the rebate from Monterey Bay Air Resources District but you have to be a resident of either Santa Cruz, Monterey or San Benito County to qualify for it.
https://www.mbard.org/monterey-bay-elec ... ve-program
2019 Leaf SV PLUS Pearl White, leased on Sep 2019
2017 Leaf SV Glacier White, leased on May 2017
2016 Leaf SV Gunmetal Grey, leased on May 2016, Sold to Carvana
2013 Leaf S + quick charge package, leased on Feb 2014, returned Feb 2017

johnlocke
Posts: 623
Joined: Fri Jan 08, 2016 3:47 pm
Delivery Date: 14 Dec 2015
Leaf Number: 300582

Re: 2019 lease vs 2015/16 purchase in SF Bay Area CA

Fri Jan 03, 2020 9:56 pm

tinaCA wrote:
Mon Aug 19, 2019 10:02 am
Our family has one car right now a 2016 cmax energi (PI hybrid). We are thinking of getting a second car and it would likely be a leaf - we last owned a 2012 leaf S on 3 year lease and loved that car.

Currently we have access to the following rebates used/new:

Local air $750/$1000
State $0/$2500 but currently depleted (we are not low income according to CA) should be able to collect at some point though
Utility $800/$800

We see regularly 2016 leaf’s for around $11-12k.

What’s the current breakdown on residuals and cost of ownership for lease with rebates vs used?
Lease the Leaf. Until Nissan definitively fixes battery degradation problems, leasing is the better option. Buying a 2016 30 KWH used is asking for trouble unless you can live with reduced range and eventual battery replacement. Leasing a 2019 gives you either a 40 or 60 KWH battery and if the battery holds up you can buy out the the residual. If the battery doesn't seem to hold up then after 3 years it's Nissan's problem.
2016 SV, New battery at 45K mi.
Jamul, CA
San Diego East County

LeftieBiker
Moderator
Posts: 15337
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: 2019 lease vs 2015/16 purchase in SF Bay Area CA

Fri Jan 03, 2020 10:04 pm

johnlocke wrote:
Fri Jan 03, 2020 9:56 pm
tinaCA wrote:
Mon Aug 19, 2019 10:02 am
Our family has one car right now a 2016 cmax energi (PI hybrid). We are thinking of getting a second car and it would likely be a leaf - we last owned a 2012 leaf S on 3 year lease and loved that car.

Currently we have access to the following rebates used/new:

Local air $750/$1000
State $0/$2500 but currently depleted (we are not low income according to CA) should be able to collect at some point though
Utility $800/$800

We see regularly 2016 leaf’s for around $11-12k.

What’s the current breakdown on residuals and cost of ownership for lease with rebates vs used?
Lease the Leaf. Until Nissan definitively fixes battery degradation problems, leasing is the better option. Buying a 2016 30 KWH used is asking for trouble unless you can live with reduced range and eventual battery replacement. Leasing a 2019 gives you either a 40 or 60 KWH battery and if the battery holds up you can buy out the the residual. If the battery doesn't seem to hold up then after 3 years it's Nissan's problem.
Agreed. When buying an EV, the cost isn't the primary factor to consider - it's the overall satisfaction with ownership, along with cost. Leasing and then buying will cost more, but it's insurance: if the car doesn't work out, or is degrading quickly, you aren't stuck with it - and in that case your cost becomes lower than if you bought it for less and then had to sell or trade it.
Scarlet Ember 2018 Leaf SL W/ Pro Pilot
2009 Vectrix VX-1 W/18 Leaf modules, & 3 EZIP E-bicycles.
BAFX OBDII Dongle
PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

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