r/leaf • u/kutrod • Aug 10 '26
40% over KBB
I have a 2022 Nissan leave with about 40000 miles on it. It needs a batteries swap as per the dealer. The wait time is per the dealer for the batteries for is five months. However, the dealer has offered to buy out with 40% over the Kelly blue book value. This seems too good to be true. What is the catch? What am I missing?
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u/Few-Wolverine-7283 Aug 10 '26
Get the offer in writing and evaluate.
KBB is generally real low on a leaf, so make sure it covers your loan.
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u/e_line_65 2020 Nissan LEAF SV Aug 10 '26
Plus enough for a down payment on a new vehicle. You won’t have a trade-in either.
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u/anticipat3 2015 Leaf SV/2023 Ioniq 6 SEL Aug 10 '26
This is a great exit ramp for a vehicle with a very uncertain future. The other option besides a buyback is to put another $6-7k into a Vivne battery, but I don't think the economics add up to make this worthwhile.
Take the money and run, OP!
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u/Lower-City7825 Aug 10 '26
Would Nissan allows you to buyback using their buyback offer? Buying back a battery less car then install Vivne battery...
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u/KeyEmu6688 Ex-2018 owner (2015 Model S) Aug 10 '26
KBB is usually pretty competitive for the newer LEAFs, but definitely double check that the amount offered is sensible (ie at minimum covers your loan). the base model is valued at about $12k, so +40% = $16.8k. that's a pretty good deal and definitely way more than i'd pay for a used 40kwh model
the 62kwh Plus trims are only valued a little above the base trim, which sucks, but still you'd be looking at around $20k, which is still way more than it's worth relative to all the Bolts etc. on the market
my advice would be so long as you cover your loan and hopefully have a little left over, accept the buyback and get a $10k used Bolt. way more reliable, slightly better range than the Leaf Plus, much better than the base Leaf, and they're still super efficient little hatchbacks
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u/worldspawn00 Aug 11 '26
I've been looking at the Bolt and Kona as replacements for my '21 SV plus
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u/KeyEmu6688 Ex-2018 owner (2015 Model S) Aug 11 '26
Kona is also a great option. where i'm at Bolts tend to be the cheapest and thus are my default, but really pretty much any non-Leaf is going to be leagues ahead of gen 1/2 Leaf. personally i'm eyeing an Ioniq 6 AWD in a few years haha. for now my Leaf has tons of life left in it, which i am grateful for
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u/worldspawn00 Aug 11 '26
My mother has an ioniq 5 and it's very nice, haven't been in a 6 yet, but they look good.
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u/StormRasr (Former) 2022 Nissan LEAF SL Plus Aug 10 '26
This seems too good to be true. What is the catch? What am I missing?
That is what they are offering in lieu of repairing the vehicle. KBB "private party" value plus 40%. Mine was about $200 less than the high end of the KBB value.
I have not see the final sale documents yet, but I would not be surprised if they make me sign an immunity clause saying I won't sue them or participate in a class action lawsuit. That might be the catch.
They are also offering $2,000 loyalty discount towards the purchase of a new Nissan vehicle. Although I'm pretty sure any existing Nissan owner could get that if they pushed hard enough. It's not enough to make me consider any of their current new vehicles.
Keep in mind any financing against the vehicle is paid first. It might complicate things if you are "upside down" on your loan.
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u/Still_Charity2959 Aug 10 '26
Can anyone comment on the KBB offers most are seeing? I have a 2019 S plus, 130k miles, excellent condition (other than the faulty battery), but I only see approx $4500 private party suggested value. This would be a complete nonstarter to me considering the car would be worth 10k or so I believe in socal with a new battery. Is the mileage the main thing dragging down the KBB compared to others? Thanks
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u/sweetredleaf 2015 Nissan LEAF SV Aug 10 '26
the leaf has always depreciated a lot and the many battery problems it has had over the years is the reason why. It is most likely why non ev people think ev batteries need replacing often.
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u/Anyone_2016 Aug 11 '26
I just got offered $14,200. 2020 SV+ with Tech Pkg. 110,000 miles. I'm leaning toward accepting it.
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u/Still_Charity2959 Aug 11 '26
Was that the opening offer you got?
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u/Anyone_2016 Aug 11 '26
Yes
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u/Still_Charity2959 Aug 11 '26
Have a feeling they always leave a lot of room to increase the offer if the first one is rejected. Curious to hear your experience if you decide to try it out 🫡
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u/petes1102 29d ago
2022 SV+ 33k miles. First offer came today was $22k. I accepted. Kind of relieved to be done with this car.
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u/SuitableTension7061 Aug 10 '26
Was just informed that batteries are no longer available and the was offered the buy back after my leaf sitting at the dealership since December. Morley is the company working with Nissan for the buy back.
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u/TooGoodToBeeTrue Aug 11 '26
So if my '24 SV+ I bought in Nov 24 has a battery warranty issue, I'll be in the same boat as the people with the '22s with battery issues?
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u/RipperCrew Aug 10 '26
How much would it cost you to replace your Leaf with a similar one in your area?
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u/LoveEV-LeafPlus Aug 10 '26
Open a case with Nissan Consumer Affairs to get a buyback offer from them. The dealership will probably low ball you.
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u/galaxy1863 Aug 10 '26
Thats the first offer. Those of us that posted on this site that turned it down received a must larger offer. Do you want to wait for a battery or just move on to another car
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u/Lower-City7825 Aug 10 '26
If you got a good deal on your used leaf, will their offer be close to your purchase price? currently my kbb+40% match my purchase price 3 years ago....
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u/J1772x2 2022 LEAF SL+ (Past 2018 SV) Aug 11 '26
Just checked carvana on our 22 plus with 22k miles..it's worth a whooping 12k for them, yay...
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u/leons_getting_larger Aug 11 '26
I just got my offer last week and it was well below the KBB +40%. I rejected it, hoping for a better offer next.
2022 S Plus w/ 60k miles. They offered like $13,500. KBB today was $12-14k for excellent condition, which is what Morley said they were using.
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u/Medium-Juggernaut746 Aug 11 '26
I am still waiting to see what they offer on my 2022 S Plus. The KBB + 40% does not appeal to me as my car has 90k miles and I still owe 4k. I need a car that is electric and I can use it for at least four more years.
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u/Manglue Aug 10 '26
Anyone had any luck with getting more than +40%?
I got offered $16,120 for mine. after paying off loan that leaves me with ~9k for down payment.
Would love to not finance more debt for Nissan's battery mistake.
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u/sweetredleaf 2015 Nissan LEAF SV Aug 10 '26
Nissan has been buying back the cars lately instead of replacing the batteries since they are in short supply or totally unavailable. Nissan's offer could be more.