On 08/22/2014 10:25 AM, Rick Beebe via EV wrote:

>                      Lease        Purchase
> Year 1-3 Downpayment  $2400        $2400
> 36 payments @         $ 199        $ 300
> Year 4-5 downpayment  $2400        $   0
> 24 payments @         $ 199        $   0
> Total:               $16740       $13200
> 
> $3500 more to lease and this fictitious example includes $15,000 federal
> tax credits!

But if you bought a 3 year old used Leaf (a 2011 model...) after 5 years
that is 8 years total on the battery pack, so you may need to replace
the pack as well.  With multiple leases you get a new pack every 3 years.

Plus with multiple leases you get a new 2014 model now, and a new 2017
model after that lease is up, with possible feature benefits and longer
range, etc...

In general I favor purchasing used over leasing for long term value, but
you can't just ignore the possible maintenance costs an 8 year old car
will have over a 0-3 year old car.


Jay
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