Indirectly means they’re using the money to make the lease cheaper but you don’t see the rebate on the paperwork and don’t enter it into the calculator.
Post a link to your LH calculator without any $7,500 inputted as an incentive.
Got it thanks for the clarification. I’ve attached the link below. There is a local dealer that has few in stock. This one is the S plus with 88% rv and it apparently has the longest range of 226mi. So based on given numbers it comes to 345.
I am looking for one too. Will be returning i3 rex in a few weeks, very low miles. Purchasing this car at $28k+tax doesn’t seem like a great option. Do you think rex might hold their value well in coming years?
I am curious why Nissan would specifically promote a (relatively) short term 18-month lease? Given that leasing is essentially “long term rental”, would Nissan not want the renter to “rent for a longer rather than a shorter time?”
Could you please provide some more details on this? What is the “grand total” payment at the start of the lease in order to get the $200 per month payment? And would be great if you can further break it down into 3 components as down payment, total of statutory/government payments (such as tax, title, license etc.) and total of any dealer/seller fees such as lease acquisition fee, document preparation fee etc. Use any CA zip code of your choice.
Is this for the base S trim level? Are SV (with no/minimal additional options) trims also available?
If you can show these ‘horrendous prices’ then we can understand.
The Frontier 4x4 is incredible.
The Leaf was pretty good.
The worst part of these for say CA? Tax Title License is running about $120 of the payment per month! So a $200 leaf is really an $80 /month leaf plus all the government fees. So if you really think $80/month is too much for a leaf…well you might not want lease it ever.
The most likely reason is to replenish the flow of off-lease vehicles that should be coming due in 2023-2024 that either were bought-out, sold to third parties before they changed their policy, or just weren’t built/leased earlier because of shortages. E.g. if 25k Nissans typically come back as lease returns each quarter, and you realize that number is 5k or less starting next year, you find a way to replenish that stream of used Nissans for your already pissed-off dealerships. If the case of the Leaf, they could stand to move more metal (and get the tax credit on each one), for the Frontier it’s a new body style, so getting used one to your dealers to CPO in less than 2 years is good business.
It could also be that they are taking advantage of the high used car values to put more of these in customer’s hands, subvening the RV will do that.
The why doesn’t really matter though, the programs are legit. If the take-rate is higher than planned, these programs will go away. If not, they’ll continue. I wouldn’t plan on them being like this indefinitely, but for now they’re here.