Year: 2016 or 2017
Make: Nissan Leaf SV
24/36 months 15,000 miles/yr
Zip Code: 53151
I’m currently leasing a 2015 Nissan Leaf with due turn in November currently at allotted mileage amount. So I’m going to be way over. Dealer has sent me letters to sign a new lease on 2017 and forget about remaining payments. Not sure at what price though.
What is a great price right now? I currently pay $300 per month zero down. Which is kind of high.
Got a quote from the dealership today, $518 month, $1,000 down.
24 months $15,000.
Safe to say I’ll pass at those numbers.
Looks like dealers either have no clue, or no shame or no honesty or possibly all of the above.
Leaf is just another car. Truecar, in my area, is saying 28ish for the S and 33ish for the SL.
Using the 1% rule, I don’t see any reason sub $300 per month payment is not easily within reach.
Also, keep in mind that the Leaf is going through a serious model upgrade in 2018. 2017s should be easier to deal on, as 2018 models get closer to being available.
They are probably rolling in your 7 more months of payments (and then some) – so they are not really “forgetting it”.
If you are going to be over miles, you will have to pay for it sooner or later.
c
I had a 36mth lease of 2015 Leaf S. Dealer waived 5 payments and gave me a 2017 Leaf S for 128$ per mth*23 payments and 0 down. 12000 miles per yearUpdate: I should have mentioned that I have Loyalty (as previous owner) and VPP discount included. That would be $2000 saving altogether.
wow! That’s an awesome deal congrats!
I need to check out other dealers, the quotes from my dealer are ridiculous
518 + 1000 down! holy ripoff batman!
You must be a software engineer, live in the bay area and like fugly cars. I wish Nissan never designed this horrific eyesore. I wish the type of people that buy them did not exist or at least did not exist on this forum.
Hi,
New and trying to figure out if this is a solid deal or not, Sorry to Hi Jack, but I am only able to reply to existing threads:
SRP/Retail $35,755.00
Dealer Discount $6,255.00
Adjusted Cap Cost $18,669.03
Acq, fee $595.00
Gross cap cost $30,194.99
Rebate $11,275.00
Paid by Customer $2000.00
Residual Value $9,654.00
$2000.00 paid includes tax and registration and fees
$275.76 per month . 12000 miles per year . money factor is .00003
From the Calculator, I get a 9 year lease score.
Monthly Payment (Excl. Tax): $275
Monthly Payment (incl. tax): $300
Drive Off: $2,967
First month’s payment incl. tax: $300
Down payment: $2,000
Registration and doc fee: $480
Tax on cap cost reduction and fees: $187
Leasehackr Score: 9 years
Disposition Fee: $395
Total Lease Cost: $13,464
Is this a solid deal? I’m sure the 7500 fed credit is already baked into the Rebate.
There’s a post above that says everything about your deal.
No one with a leaf can claim to be saving the environment. They will all be in landfills in the not too distant future. Not really saving money either, but the looks of these deals.
That’s bad! For that price you can get a Volt and 0 down. "> Volt Bonus Tags for May. $0 down Sign and Drive $258 including tax. Bay Area Contact @ChevyPhil 415-596-6262"
That nasty 27% residual is not going to bring anything good. Go look at an i3, I’m almost positive you can still get one for similar money.
Thanks everyone.
Went to another dealer. Negotiated the following. I could have saved $40 if I worked for an eligible VPP employer. Unfortunately my employer isn’t part of it.
Leaf SV
Monthly Payment (Excl. Tax): $128
Monthly Payment (incl. tax): $141
Drive Off: $4,875
First month’s payment incl. tax: $141
Down payment: $2,999
Registration and doc fee: $1,435
Tax on cap cost reduction and fees: $300
Leasehackr Score: 21 years
Disposition Fee: $350
Total Lease Cost: $6,290
This forum was very helpful. I think in 3-4 months better deals can be had, but we needed a car within next 35 days.
MSRP:
35755
Sales Price:
17000
52% off MSRP
Taxed
Incentives :
0
Untaxed Incentives :
0
Down Payment:
2999
Post-Sale
Rebate :
2500
Acquisition Fee:
595
I want to pay my acquisition fee upfront.
Miles/yr:
Residual:
28
%
Residual (%) at 12,000 miles/yr
Months:
36
Money Factor:
.00003
APR: 0.07%
Document Fee:
80
License/Registrat. Fee:
1355
Sales Tax:
9.75
%
Wow you got ripped. I would say too late now just enjoy the car; but it’s a leaf.
If I understand your computation - payments of $5,076 (36*141), drive off of $4,875, post sale rebate of $2,500 = $7,451 ($206/month all in). The drive off seemed high. If you assume at least $50/mo in fuel costs savings, looks like an overall good value to me (especially so if your employer provides free charging).
Why would you add fuel savings into a lease evaluation? Every other electric car and/or plug in hybrid is better in every way. There is a reason the residual on these are 28%.
