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For Georgia Residents Only - Make Money and Lease a New 2015 Nissan LEAF S ($229 VPP / $279 non-VPP) - Expires 9-2-2014

booyah81 604 348 August 23, 2014 at 12:05 PM in Autos (3)
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Last Edited by serra August 27, 2014 at 12:24 PM
Disclaimer: You are welcome to shop these numbers around at any of your local Nissan dealers.


For an S model without QC, the price is $229 VPP and $279 w/o VPP. With QC, the price is $269 / $309. (IMHO, very few people actually need the Quick Charge package.)

They also have three year leases but I don't recommend them. If you are interested in the price, I posted them below.

The usual restrictions apply ($0 down, 12,000mi/yr, $395 disposition fee, etc). If you want to have a 15k mi/yr limit, just add $17 to your payment.

This special is good until Tuesday, 9-2-2014.


The Math:

Total Payments: $5,496 (or $229 x 24 months)
State Income Tax Credit: $5,000 *
Increase in Insurance: $400 (YMMV)
Gas Savings net Added Electricity: $2,040 (YMMV but for me, it's at least $110/mo average gas cost net the added $25/mo electricity bill)
Disposition Fee: $395
Special Tag Fee: $60
--------------------------------
Total "Profit" = $689

See the earliest post for full conditions, instructions on how to file your state tax return, and FAQs.

God bless!



3-yr lease: w/o QC, $219 VPP / $259 Non-VPP . w/ QC, $249 VPP / $289 Non-VPP

* The time to get your $5,000 refund definitely lengthens when filing with the ZEV application, but have no fear - the IRS will pay you interest for that delay. My refund increased an extra $100 because of this. Smilie
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247 Comments

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#3
Is there any sales tax or other taxes required with first payment? What is the total payment while taking delivery?
Thanks.
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#4
Nothing other than first payment due at signing. I have heard other dealers try to add on administrative fees or something else but nothing else should be due at signing. No taxes, nothing.
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#5
there will be $81 to cover tag title in addition to first payment. total payment at the time of leasibg will be 229 + 81.

I just got today morning
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#6
So this is still $20/mth more that the previous best deal of $209/mth, correct?
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#7
I plan on doing these kinds of deals closer to December so I can get the refund sooner. Luckily I live in GA where most of these deals seem to be.
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#8
Thanks for posting this. I'm tempted to lease another, even though my 2013 doesn't go back until December 24th, 2015.

I pay $280 a month for mine, only because I didn't want to drive to Kennesaw (Aziz) and have to stop to charge for half of the day. I was told that the Atlanta area had $1500 more dollars to work with than my area which is just South.

We did a spreadsheet and my wife figured that we would MAKE $900, after factoring in both the pros and cons.

Thanks again booyah81, I couldn't have done it without you.
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#9
Just to fully understand how this particular tax credit works, is this for those who would have paid at least $5k in income tax, or would we actually get the difference back if we paid less than that? In my case I technically live in GA but 95% of my income is generated in TN.
Good deal though.
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#10
Is it possible to get a lower lease rate by lowering allowed mileage to less than 12,000 miles? If I go with this deal, Leaf would be my second/commute car. Since my existing car is driven less than 6,000 miles per year, I really don't need 12,000 miles for Leaf. More like 4,000 miles per year. I wonder if I can get a cheaper lease that allows, say, 6,000 miles (or even lower).

I ask because I have never leased a car before so wondering.

Also, Geico is quoting $670 per year as insurance ($500 deductibles). Reasonable? OP's number of $400 seems to be on the low side.
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#11
Quote from chuckd View Post :
Just to fully understand how this particular tax credit works, is this for those who would have paid at least $5k in income tax, or would we actually get the difference back if we paid less than that? In my case I technically live in GA but 95% of my income is generated in TN.
Good deal though.
yes, at least 5k in income tax for the year you are filing for. if not, you can still get the full 5k credit but over 3 years, as long as you have at least 5k income tax liability over those 3 years.
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#12
Quote from doublehelix747 View Post :
Is it possible to get a lower lease rate by lowering allowed mileage to less than 12,000 miles? If I go with this deal, Leaf would be my second/commute car. Since my existing car is driven less than 6,000 miles per year, I really don't need 12,000 miles for Leaf. More like 4,000 miles per year. I wonder if I can get a cheaper lease that allows, say, 6,000 miles (or even lower).

I ask because I have never leased a car before so wondering.

Also, Geico is quoting $670 per year as insurance ($500 deductibles). Reasonable? OP's number of $400 seems to be on the low side.
Good question. I doubt it but check with Aziz and report back please Smilie

YMMV on the insurance cost since everyone has different driving experience and a different type of car being replaced on the policy.
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#13
Quote from booyah81 View Post :
yes, at least 5k in income tax for the year you are filing for. if not, you can still get the full 5k credit but over 3 years, as long as you have at least 5k income tax liability over those 3 years.
As I feared. Thanks for the info. Would be cooler if it were a federal tax credit.
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#14
Quote from booyah81 View Post :
yes, at least 5k in income tax for the year you are filing for. if not, you can still get the full 5k credit but over 3 years, as long as you have at least 5k income tax liability over those 3 years.
Did not know that. I haven't work this year and I'm about to get a job but it only pays $600 a month (on campus job).

Guess I'll just look to buy a car than since I plan plan on working too much until I start my career (I sell on eBay / Amazon and make more there than my jobs).
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#15
Is this the model that gets 135 MPG?
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