by bc688713leaf (Posted Sun, 08 Sep 2013 21:02:18 GMT)
I would take a look at the 2 year lease assuming you are in GA. I acquired a stock blue Leaf S with the charge package for 349 a month, with 12K per year miles, and .15 per mile over that. Also got 10 days of free rental car from dealer, and towing for 3 years.
On the surface the 199 for 3 looks much better, but the 349 has no initial payment (except 1st month like yours and 365 for the maintenance plan, which covers tires, required 7500 mile check, etc). Plus it covers all Doc fees and the TAVT. Only other thing you have to pay is the 20 dollar tag fee each year to GA, and insurance, which you would have with any car. So bottom line your cost to Nissan is 8,376 for the lease plus the 349. Then you get the 5,000 dollar tax credit. Which brings the total down to under 4K, or less than 2K per year (1862.5 to be exact). The 3 year you are being quoted would cost you 12,179 to Nissan (with no maintenance plan, may want to ask about that, my dealer required it.) After 5k credit you are at 7179. That is 2,393 per year.
So under this model you would save over 500 per year, plus in two years you can get a new one, and the 5000 tax credit all over again. The 5000 dollar GA tax credit is the reason the 2 year is typically a better deal in GA.
I would take a look at the 2 year lease assuming you are in GA. I acquired a stock blue Leaf S with the charge package for 349 a month, with 12K per year miles, and .15 per mile over that. Also got 10 days of free rental car from dealer, and towing for 3 years.
On the surface the 199 for 3 looks much better, but the 349 has no initial payment (except 1st month like yours and 365 for the maintenance plan, which covers tires, required 7500 mile check, etc). Plus it covers all Doc fees and the TAVT. Only other thing you have to pay is the 20 dollar tag fee each year to GA, and insurance, which you would have with any car. So bottom line your cost to Nissan is 8,376 for the lease plus the 349. Then you get the 5,000 dollar tax credit. Which brings the total down to under 4K, or less than 2K per year (1862.5 to be exact). The 3 year you are being quoted would cost you 12,179 to Nissan (with no maintenance plan, may want to ask about that, my dealer required it.) After 5k credit you are at 7179. That is 2,393 per year.
So under this model you would save over 500 per year, plus in two years you can get a new one, and the 5000 tax credit all over again. The 5000 dollar GA tax credit is the reason the 2 year is typically a better deal in GA.
Neilwilson1999 wrote:
I was offered the following deal this evening for an in stock blue Leaf S with the charge package.
I have never leased a car before so would appreciate any advice as to whether this is a fair deal.
Also don't forget to ask about the turn in fee if you don't lease/buy at end. I got it waived.
36 months /12 K
$199 / M (1 st payment due at signing)
$1999 initial payment
$1650 TAVT Tax (GA)
$1366 All Doc Fees*
*All Docs Fee =
Bank Aquisitition Fee $595
Dealer Documentation $698
Tag / Title $61 + 18 = $79
Lemon Law = $3
Initially they said $249 * 36 (because of the charge pkge) but agreed to do it for $199
Thanks for any advice.
I asked could they do the same for 24 months but they said no although did not give a reason.
I may change it to a 15k which they said is computed by Nissan and so would be a straightforward addition.
I have never leased a car before so would appreciate any advice as to whether this is a fair deal.
Also don't forget to ask about the turn in fee if you don't lease/buy at end. I got it waived.
36 months /12 K
$199 / M (1 st payment due at signing)
$1999 initial payment
$1650 TAVT Tax (GA)
$1366 All Doc Fees*
*All Docs Fee =
Bank Aquisitition Fee $595
Dealer Documentation $698
Tag / Title $61 + 18 = $79
Lemon Law = $3
Initially they said $249 * 36 (because of the charge pkge) but agreed to do it for $199
Thanks for any advice.
I asked could they do the same for 24 months but they said no although did not give a reason.
I may change it to a 15k which they said is computed by Nissan and so would be a straightforward addition.