HELP! Upside Down on Nissan leaf

2022 were on the rise due to them being the newest used EV for the end of year tax credit. They need to be at least 2 years old to be eligible. 2023’s were selling lower to move inventory.

I feel like this is the reason I didn’t want to comment on your deal, any form of criticism on your pricing comes up and you have some sort of justification. Anyways, retail book on these cars is closer to $20K, could’ve easily negotiated that down. The value on your trade was a lot higher than $1700, could’ve easily fought for more on that, and that rate is absolutely horrendous, could’ve shopped that with an abundance of online lenders. A broker in your area would’ve charged you $500-$600 and probably saved you thousands. But glad you’re happy.

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@max_g
You’re way to invested in this if you are going to get this heated. Treat other with respect even if you don’t like what they did. I took the info people gave and did what I could.

@CoastalMotorGroup
I disagree on the justification comment. I was just commenting on what someone had said on the price of 2023s. 2022s in my market were disappearing being that it is the budget EV (besides the LEAF) to get to maximize tax benefits. 2023s were being sold at a lower price than some 2022s. I wanted the tax credit over a year newer. Hopefully it works out.

Thanks for the other info, I will probably use a broker next time for sure. I just don’t have time for this.

Additional info:
The used rate with my credit was with Navy Fed. Usually they are pretty good and competitive. Lowest used rate I think was 5.59 at 72 mos. If I had strong credit and DTI was lower then I would agree.

For the trade, CarMax offered 2100 cash and that’s the highest offer I got and was shutdown. Should I have walked away, probably. I probably messed up… but I also don’t have a Leaf anymore. :man_shrugging:

I think this thread has run its course and can be locked now.

OP, please feel free to contact TH’ers, if you wish to re-open this.

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