1 year left, early return commuter Nissan Leaf EV

Ask the Hackrs
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1

I have 1 year left on a 3 year Nissan leaf lease. With Covid – I don’t need the car, it was only used for carpool in California. I’d like to get the car out of my driveway so I don’t have to continue to insure and register it (And i’m willing to pay up to remaining months @ Lease rate + insurance + registration) to do it.

My questions are:

  • Is it possible to do this > N days before end of lease without additional penalties?
  • Do I call Nissan to tell me the value of the returned lease costs?
  • Is it going to be better for me to just keep the car parked in my driveway for a year and switch to comprehensive/ non-liability coverage to save the insurance premiums?
  • How early before the end of the lease can I return the car without penalty?
  • Can I return the car with PNO?

Overall, I’m trying to optimize for least number of dollars spent keeping the un-needed car for the next year. Advice or hacks welcome.

2

Have you looked at your lease contract? Many of these questions are answered.

In many cases, with this early of a return, you may be liable for the difference between the current purchase price and the auction value, which may be significantly more than the sum of your remaining payments.

3

Lease transfer.

Nissan allows them but keeps you on the hook for paying. Only transfer to someone you trust completely.

4

Yes! This, call them