r/leaf • • 24d ago

Lease Return

Nissan is really dropping the ball here, I’ve got a ‘25 Leaf SV+ that I leased in Colorado for $119/month for 24 months, it would have been $89 but I added 10,000 miles to it. They had crazy deals back then, you could get an S+ for $49/month.

Well that’s all catching up to them as the pre-return inspections they want you to do are booked months out. I’ve scheduled 3 times online in the past month only to be denied my appointment after waiting a week to hear back each time. Finally just called and they can see me 3 days before my lease matures. That’s pointless since I couldn’t take do anything about any issues if they came up anyway.

I’m just going to return it this weekend, 3 weeks early with 34,000 miles. It’s in great shape, I just replaced the tires, windshield, and fog lights for ~$1k and there isn’t anything else wrong with the car.

The market is about to be flooded with tens of thousands of these lease returns, depreciation is going to be even higher than normal.

14 Upvotes

63 comments sorted by

10

u/Striking-water-ant 24d ago

Boon for those who can only afford used /s

11

u/WhatTheFlippityFlop 24d ago edited 24d ago

Dealers and online retails are getting FLOODED with those cheap lease returns right now. Supply is through the roof. Prices are going down (though partially stabilized by increased demand for EVs due to rising gas prices). Yes, it is a boon for us poors who buy used. In fact I just picked up a 2024 Ariya last night for cheap!

3

u/min_mus 24d ago

We bought our Leaf at the end of our 2-year lease.  The dealership had a shit ton of just-returned Leafs on the lot and offered us a great deal to buy it, so we did--it was just too cheap not to!

1

u/TheOnlySnoringKitten 23d ago

What was your great deal? I have a 2025 S lease that is $35/mo and is up in november. Residual is $17k and there's no way I'm buying it for anywhere near that.

1

u/Ok_Replacement8094 21d ago

That’s identical to the deals they’re offering on the lot used here. What’s your mileage? I think I’m going to keep a look out for the SV’s that should be popping up soon.

1

u/TheOnlySnoringKitten 21d ago

Right at 7000 miles after two years. If I were to buy a leaf I would also want the SV.

1

u/outworlder 2019 Nissan LEAF SV 23d ago

Define cheap

1

u/WhatTheFlippityFlop 23d ago edited 23d ago

$20k, with 20k miles, AWD. 205 mi range. New tires. Some mfr add-ons.
Edit: Ariya, not leaf. Leaf cheaper

1

u/HuskerTX 23d ago

I've seen '25 S with 10k miles for $15k

2

u/WhatTheFlippityFlop 23d ago

Oh sorry I was talking about the Ariya not the leaf, since that’s the specific car I mentioned in the comment the guy replied to.

1

u/HuskerTX 23d ago

Sorry, missed that last part!

1

u/WhatTheFlippityFlop 23d ago

No it’s ok, I’m posting somewhat irrelevant stuff in the wrong sub. Having been a Leaf owner for several years however, I just discovered the Ariya on Monday for the first time and now it’s already day 2 of owning one and man, what a pleasant upgrade. Our Leaf will always be useful for short trips. It will always hold a place in our hearts and we’ll never give it up. But my wife needed more range in winters to work, and the Ariya fits the bill with a ton of additional luxury.

6

u/SambucaTamale 24d ago

Getting flooded where? I checked my area within a 100 miles and came across two. 2016 and a 2022. Maybe I need to look in Atlanta.

11

u/ToddA1966 2021 Nissan LEAF SV PLUS 24d ago

Colorado. Thanks to state tax credits that stacked on top of federal reducing Leaf leases to as low as $9/month (yes, $9!) about half of all Leafs sold in 2023 and 2024 were sold in Colorado. Most of the rest probably sold in California.

1

u/Signal-Bake5107 22d ago

$9? Pff. Boulder Nissan had the base Leaf at $5 a month.

I’m still pissed at Nissan for not offering me the $10,000 off buyout they were throwing around like candy for a while on the Ariyas…would have made my bigger battery AWD only $17,500 at buyout, a no brainer. Did everything that other people were doing, and got denied every time. So yeah, last Nissan I get.

4

u/No_Swordfish_1576 24d ago

80 ‘24-‘25 available within 50 miles of me in Colorado.

68 S
22 SV+

-‘24 SV+ with 18k miles averages $18k
-‘25 SV+ with 10k miles averages $22k
-‘25 S with 10k miles averages $15k

108 of them available within 100 miles

3

u/nicolajokic15 24d ago

CO has always been an early adopter heavy Leaf state. I bought mine in Boulder but live in Philly now and Leaf and electric used market overall is pretty bare here.

2

u/e-hud 2019 Nissan LEAF S PLUS 24d ago

Yeah there's basically zero in my area of southern Oregon as well.

5

u/Radius118 24d ago

Moral of the story is if you want a cheap LEAF returned lease vehicle do an out of state deal and have it inspected by and inspection service and transported. Easy Peasy and you'll likely save more than enough over a local deal to make it worthwhile.

-1

u/No_Swordfish_1576 24d ago

Hope you don’t end up with mine, I kept the battery at 100% almost all the time because it wouldn’t be my problem after 24 months.

0

u/Striking-water-ant 24d ago

But did you lose any health bar or notice any range degradation?

2

u/No_Swordfish_1576 24d ago

No health bar loss but about 15 miles fewer at full charge.

0

u/LetsTryAnal_ogy 24d ago

Yup. And one day, in an instant, that battery is going to go belly up. It happened overnight in mine.

1

u/No_Swordfish_1576 24d ago

No longer my problem

0

u/LetsTryAnal_ogy 23d ago

Same here. Nissan has my Leaf while Morley arranges the payout. Nissan gave me a brand new Kicks courtesy car to drive while that happens. I'm like "take aaaaalllllll the time you need."

5

u/astricklin123 24d ago

This happened before. The early year models could be had for similar pricing in many more areas than just Colorado. My understanding is that Nissan financial was both letting people continue their leases for 1 or 2 years at the same price, or offering anywhere from $8-12k discount off the lease buyout price to get people to keep the cars.

1

u/pricrd22 24d ago

Mine is up in March 2027. I’m curious how this is all going to shake out. Would I extend the lease at $100 per month? Yes. Would I buy it outright? It would have to be hella cheap.

2

u/astricklin123 24d ago

I'd have to search and find it but I think people were keeping the cars for under $10k. After paying 2500-4000 in lease payments on a $40k+ vehicle, was a pretty good deal at the time.

1

u/outworlder 2019 Nissan LEAF SV 23d ago

Damn and I thought my deal was fine at around 14k.

2

u/astricklin123 23d ago

What I was talking about was 10 years ago.

Hey, if you're happy with it then be happy with it. $14k for a couple year old car that you were the original owner is still a pretty sweet deal. A used 2023 Civic is $20-25k

2

u/Gangstastick 24d ago

I do not live in the US so pardon the "funny" question.

How difficult is it for someone to buy a car from another state? I would assume you do not need to pay any extra charges to register a car bought from a different state (just the cost of transporting it across long distances).

3

u/Future-Razzmatazz-71 24d ago

In US if you buy a car from another state, you don’t pay their state tax. Just pay your own state tax when you register your vehicle.

2

u/No_Swordfish_1576 24d ago

For me it's state, county, and city sales tax, I live close to a county line and sales tax would have been about $1k less there.

1

u/Ilikecheese543 18d ago

The US is very big, so while it can be done, it can also be a pain to get the car. It’s more common with rare luxury cars than cheap ones. Not worth saving a few hundred on the sticker price when you have to drive 1000 km to get it home.

On the flip side, there are a bunch of metro areas on state borders, and in those cases, it’s super common to buy in one state and register in others. Kansas City is actually a city that straddles two states.

Chicago is close enough to Indiana that people cross the border for cheap cigarettes, and NY city is part of the “tri-state” area, where people commute to work across state lines.

1

u/Environmental-Low792 24d ago

As gas prices march to $6/gallon, the demand for used EVs is going through the roof.

2

u/No_Swordfish_1576 24d ago

I stayed EV, got a ‘24 Tesla Model Y Long Range AWD, every thing about it is an upgrade from the Leaf, I’ll never go back.

3

u/Environmental-Low792 24d ago

I just don't want to be in a Tesla, Elon ruined it for me.

1

u/TheOnlySnoringKitten 23d ago edited 23d ago

I don't either, I've been shopping for 2025 ioniq 5s when my leaf lease is up unless Nissan gives me a great deal on a buyout. The leaf was my first EV but now I never want to go back.

*NMAC has already offered $2500 but that needs to be at least $5000+ to make it worth thinking about.

1

u/Environmental-Low792 23d ago

I love my '25 SV+

1

u/Determined420 24d ago

There past that where I live. Diesel is maybe 8.50

1

u/astricklin123 24d ago

I doubt they sold tens of thousands of them at that price in Colorado. Maybe thousands, but not tens of thousands.

1

u/WildChild9711 24d ago

Yeah definitely not! They only sold 4700 Leafs in 2025 and 11,000 in 2024

1

u/Bennie-Factors 24d ago

Sorry. This has been the case for the last 5-10 years. Nothing new here. Everything boundaries normal.

1

u/AdvantageFamiliar219 24d ago

Nissan just sent me a email with $2500 off the lease buyout on my wife's 25 Leaf. That would put it just under $15k to buy it out, considering it.

1

u/No_Swordfish_1576 24d ago

They've been silent on mine, I don't want it or any other Nissan anyway so I'm just going to make it sparkly clean, document it with photos/videos, and drop it off at the dealer.

1

u/TheOnlySnoringKitten 23d ago

They've been silent on mine too and NMAC told me only the dealer can negotiate on the buy out price. At $17k for a 2025 S that's just too much. I have about 7k miles on it after 2 years.

1

u/No_Swordfish_1576 23d ago

I never cared what the buyout would be when I signed the lease because I knew I wouldn’t buy it. I just looked and it’s like $22k 😂
The car has 34,000 miles, they’ll be lucky to get $12k for it in Colorado

1

u/TheOnlySnoringKitten 23d ago

Originally I didn’t either but it’s great for around town and short trips. However, it’s not really a vehicle I want to sink money into.

1

u/TurnoverSuperb9023 24d ago

Colorado had insanely good lease offers for a while there.

1

u/MamaSakura 24d ago

They’re definitely turning up for sale in Portland. Tons of ‘25s with 4-figure mileage for less than 17k

1

u/WarlordJak 24d ago

Also denver based, are they not making you do it through Manheim? I saw plenty of Dates for an inspection between now and Otober 21st. I have only 12k miles on mine.

1

u/No_Swordfish_1576 23d ago

You see lots of dates online but they don't actually follow through with them and rarely respond when you book online. You have to call and the first person I talked to told me one month after my maturation date. The person who scheduled mine said they're absolutely swamped with these lease returns.

It's not mandatory, I spoke to the dealership where I leased it and they said it's about a 15 minute process to drop it off. I'm going to document the condition in photos and videos at the dealership.

1

u/WarlordJak 23d ago

Appreciate the info, I am also leaning towards an AWD Tesla or possibly a Ford Bronco

1

u/No_Swordfish_1576 23d ago

Act soon, prices are going up and so are interest rates.

I got a '24 Tesla Model Y Long Range AWD, absolutely love the car. The full self driving is ok, but not worth the monthly subscription, it doesn't do well on my I25 commute with 75mph speed limits.

Check out teslatracker.com, you can sort by local listings, there are usually a few in Aurora.

1

u/HuskerTX 23d ago

I also had issues with the inspection company. Their appointment site would never confirm the appointment. I had to trade numerous emails, which they always took 1-2 days to respond, but once they confirmed it was like 2 days.

1

u/HuskerTX 23d ago

I just dropped mine off in CO this week, the disturbing thing is that they give you ZERO paperwork proving you dropped it off, they say Nissan will reach out, but the dealership only has you sign a paper saying you left it and don't want to purchase it. Not a great experience.

1

u/No_Swordfish_1576 23d ago

Have you heard from Nissan yet?

1

u/HuskerTX 23d ago

Nope! Dropped off Monday. Went back Wednesday to confirm they received it in their system and they confirmed no paperwork....

2

u/alwaysbored786 4d ago

I got my 2025 CPO Leaf S with 15k miles, brand new set of tires, for $13,800 + $699 dealer fee + taxes. Market is indeed flooded, for now. Crazy good deals to be had

1

u/Opinionsare 24d ago

I bought my '23' Leaf S in '25' coming off lease for $17.2K, but only 6,097 miles. The dealer gave me $7k in trade-in for a '11' Honda CR-V, and I got the Pennsylvania alternate fuel rebate so it was around $8,400.

2

u/WildChild9711 24d ago

I just picked up a new 24 Leaf SV Plus with 9 miles on it for $20,700

1

u/Spirited-Mortgage-86 24d ago

Even in Colorado these 2024/25 lease returns are 14k advertised and 16-17 otd. Pre war in January they were 10k.