tag:blogger.com,1999:blog-3022888953328060401.post5596306353477992517..comments2024-03-25T22:39:09.757-07:00Comments on DaveinOlyWA: Why Nissan's Battery Purchase is a Win WinDaveinOlyWAhttp://www.blogger.com/profile/16745403231379474738noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-3022888953328060401.post-49826792558090035412014-08-18T17:06:55.724-07:002014-08-18T17:06:55.724-07:00Another benefit to an EV is it taking all the inef...Another benefit to an EV is it taking all the inefficient short trips that kill a gasoline car's performance. My Corolla I use to supplement driving needs is averaging 40 mpg and can only do so because its never used for errands or short trips that kill gas mileage. DaveinOlyWAhttps://www.blogger.com/profile/16745403231379474738noreply@blogger.comtag:blogger.com,1999:blog-3022888953328060401.post-37917552521345998572014-08-18T15:04:55.230-07:002014-08-18T15:04:55.230-07:00A zero down $246/mo lease with 15k miles would be ...A zero down $246/mo lease with 15k miles would be attractive, though these things are highly subjective. I'd have to reduce my annual usage by over 3k miles, or 17% to avoid the presumably punitive rate for overage. Actual gas savings also vary a lot by owner, but in our case, we created a very positive feedback loop by getting rid of a Civic and keeping an Odyssey minivan. Each EV trip now offsets a 21 mpg hog rather than a 32 mpg sipper! So, the greater operating cost differential means that the MiEV is getting more mileage than the Civic used to, and the van's usage has fallen by about 6000/year.Jay Donnawayhttps://www.blogger.com/profile/11105352292971460402noreply@blogger.comtag:blogger.com,1999:blog-3022888953328060401.post-32082708562403206072014-08-18T14:42:18.767-07:002014-08-18T14:42:18.767-07:00Another thing to add; my lease was essentially int...Another thing to add; my lease was essentially interest free. The total rent charge for the entire 3 years was like $25. Rent charge is essentially the same as interest on a regular loan. DaveinOlyWAhttps://www.blogger.com/profile/16745403231379474738noreply@blogger.comtag:blogger.com,1999:blog-3022888953328060401.post-32678401423181359322014-08-18T14:40:40.195-07:002014-08-18T14:40:40.195-07:00leasing options maybe different now but my lease w...leasing options maybe different now but my lease was zero down and $245.75 a month and the only thing I got that is not generally available was the $1000 loyalty cash. Now I got the base model with the charging package and I do see some people getting leases now for around $300 but still no down payment so good deals are still out there. In any case, I feel that you really don't make your money unless you use all of your lease mileage. I have a 15,000 mile annual limit and will easily make that. <br /><br />One thing we also need to remember is the $4,000 in additional fuel costs if we go the route of the gasoline engine. <br /><br />Now the real question becomes will I lease again in Dec 2016? I am guessing I will mostly because I will want the max tax benefit and guessing I won't have that much tax liability. But I fully expect to be getting a LEAF that will be slightly more expensive but have significantly more range. It is this car that I could own as the degradation would not be an issue for several years if the new range is 150 milesDaveinOlyWAhttps://www.blogger.com/profile/16745403231379474738noreply@blogger.comtag:blogger.com,1999:blog-3022888953328060401.post-57804299882369987092014-08-18T12:55:30.182-07:002014-08-18T12:55:30.182-07:00David, please elaborate on the economics of leasin...David, please elaborate on the economics of leasing, because to me, it still seems looney. Most of the LEAF leases I see advertised still require about $5k out of pocket, even after the lessor used the $7500 tax credit to buy down capital. Over a 36 month lease, that's $139/mo on top of the $199 teaser price. $338/mo, or $12,168 is a high price to own nothing. Buying a LEAF for $22500 after the tax credit over 36 months would cost $625/mo at 0%. Factoring in a real minimal residual value of about $13k means that after 36 months, the buyer owns a late model car worth 13k, and his balance sheet is $2668 better than the lessee, who now has nothing to show for his cash, but the owner has a late model car free and clear. Yes, the lessee spent $12,168 versus the buyer's $22,500. So, I see the lessee as giving up $2,668 for the privilege of knowing he won't own something he might not want three years from now. Or are there hidden savings, like insurance included in the lease?Jay Donnawayhttps://www.blogger.com/profile/11105352292971460402noreply@blogger.comtag:blogger.com,1999:blog-3022888953328060401.post-50003462001863785662014-08-14T08:41:20.287-07:002014-08-14T08:41:20.287-07:00$100 a month??? That is incredible!$100 a month??? That is incredible!DaveinOlyWAhttps://www.blogger.com/profile/16745403231379474738noreply@blogger.comtag:blogger.com,1999:blog-3022888953328060401.post-81078481024266812332014-08-14T05:19:01.759-07:002014-08-14T05:19:01.759-07:00Or the 3-EV car family ... as one of our EV Group ...Or the 3-EV car family ... as one of our EV Group members just took delivery of three Mercedes Smart ForTwo for each of his family members. At the phenomenal lease rate of $100/month on a 3-year lease deal, offered here in Toronto, Canada until Sept 31/14. You can't afford NOT to lease an EV at this price. And even the insurance is affordable. Virtually no maintenance; no gas; electricity cost is almost negligible. How can you miss? And so much fun to drive better electrically.KlnAir4Uhttp://www.torontohybrid.canoreply@blogger.com