davinci1490
Posts: 5
Joined: Tue Jun 12, 2018 3:32 pm

Leasing new 2018 model vs buying 2016 model

Tue Jun 12, 2018 3:41 pm

Hi all, I am new here but I am not new to EV cars.
My previous car was 2012 leaf. Bought used in 2015 for 14000, paid it off. Now the battery is less than 50 miles at full charge. It was such a waste of money. And now the car is worth less than 4000.
With that in mind, I am debating if I should get a used 2016 i3 around 20,000 or just go with lease a 2018. If it would end up like i3 in 3 years, then I would be wasting all the money on paying car loan again.
So my question is that is it worth to buy a used i3? how much could they be worth in 2020?

Any advice on this would be highly appreciated!

viking79
Posts: 74
Joined: Wed Apr 16, 2014 3:04 pm

Re: Leasing new 2018 model vs buying 2016 model

Tue Jun 12, 2018 5:20 pm

Your leaf depreciation is pretty typical of any car, maybe a little steeper. Especially if you paid near KBB Retail Price in 2015. Is $4k the trade in? Private party is more like $6,500? It is just how these cars are.

If you buy an i3 BEV it will see similarly bad depreciation as its range will also be outclassed by new cars in 2020 for less money than now. The i3 Rex will always be worth a premium due to ability to drive long distance on gas for when battery degrades out of warranty.

However, has your leaf dropped range enough to get the battery exchanged under warranty?

jadnashuanh
Posts: 3881
Joined: Thu May 22, 2014 2:07 pm
Location: Nashua, NH USA

Re: Leasing new 2018 model vs buying 2016 model

Tue Jun 12, 2018 6:09 pm

Nissan had and still has probably the least sophisticated battery temperature (and therefore life) management of any of the more popular EVs out there...it is essentially air cooled where most of the others from bit manufacturers are liquid cooled and heated (generally via electric). A Leaf in say Phoenix probably wouldn't keep much range on its battery. Even their newest one, if I read the review properly, says that you can only do ONE high voltage DC charge during a trip, or you have to wait hours for things to cool off.

The i3 has an 8-year warranty on the battery that states it will retain AT LEAST 70% of the original capacity within 8-years, or it will be replaced under warranty. It's almost like you're talking apples and oranges. The i3 can actually get out of its own way, too.
Jim DeBruycker
2011 535i x-drive GT, 2014 i3 BEV

davinci1490
Posts: 5
Joined: Tue Jun 12, 2018 3:32 pm

Re: Leasing new 2018 model vs buying 2016 model

Wed Jun 13, 2018 9:32 pm

viking79 wrote:Your leaf depreciation is pretty typical of any car, maybe a little steeper. Especially if you paid near KBB Retail Price in 2015. Is $4k the trade in? Private party is more like $6,500? It is just how these cars are.

If you buy an i3 BEV it will see similarly bad depreciation as its range will also be outclassed by new cars in 2020 for less money than now. The i3 Rex will always be worth a premium due to ability to drive long distance on gas for when battery degrades out of warranty.

However, has your leaf dropped range enough to get the battery exchanged under warranty?



That is a very good point about the REX. I am not a fan of the idea about having gas but what you said is a key point that i need to consider.

My leaf still has 9 bars for the capacity so unfortunately it is not quality for exchange under warranty :(((

davinci1490
Posts: 5
Joined: Tue Jun 12, 2018 3:32 pm

Re: Leasing new 2018 model vs buying 2016 model

Wed Jun 13, 2018 9:37 pm

jadnashuanh wrote:Nissan had and still has probably the least sophisticated battery temperature (and therefore life) management of any of the more popular EVs out there...it is essentially air cooled where most of the others from bit manufacturers are liquid cooled and heated (generally via electric). A Leaf in say Phoenix probably wouldn't keep much range on its battery. Even their newest one, if I read the review properly, says that you can only do ONE high voltage DC charge during a trip, or you have to wait hours for things to cool off.

The i3 has an 8-year warranty on the battery that states it will retain AT LEAST 70% of the original capacity within 8-years, or it will be replaced under warranty. It's almost like you're talking apples and oranges. The i3 can actually get out of its own way, too.



wow 8 year is a lot Well does it mean that it would be better to buy a 2016 not 2015 then? it could be 2000-3000 cheaper for a 2015 model. I am not sure if the extra one year warranty would worth that much money.

Thanks!

BMW4Me
Posts: 84
Joined: Fri Jun 13, 2014 8:50 pm
Location: Washington, DC

Re: Leasing new 2018 model vs buying 2016 model

Fri Jun 15, 2018 1:26 pm

I would not recommend getting the i3 without the updated battery pack from 2017. I owned a 2014 i3 and I was constantly needing to charge. In the cold winter I didn't even know if I'd have 50 miles of range or less! Get the latest battery and you'll be driving much more between charges!

johnnylingo
Posts: 73
Joined: Mon Nov 09, 2015 11:26 pm
Location: Santa Cruz, CA

Re: Leasing new 2018 model vs buying 2016 model

Sat Jun 16, 2018 9:06 pm

There's no fundamental difference between the 2015 and 2016 models. IMO, either way, you'll find yourself craving longer range and I'd go with the cheaper 2015. The depreciation on them seems to have leveled out and even if you only keep it for a year, you don't be out all that much money.

But if you're OK with a $400/mo zero down lease payment, I'd go with a 2018. Everyone's range situation is different but for me having 100+ miles with the REx as backup is a game-changer as I can go all around the Bay Area in a single day with only one charging stop.
2018 i3s REx / Mineral Gray / Giga / Tech Pkg / Parking / HK Speakers / Moonroof bought 6-12-2018

EVMan
Posts: 154
Joined: Sat Feb 25, 2017 4:31 pm
Location: USA, CA

Re: Leasing new 2018 model vs buying 2016 model

Sat Jun 16, 2018 9:42 pm

davinci1490 wrote:Hi all, I am new here but I am not new to EV cars.
My previous car was 2012 leaf. Bought used in 2015 for 14000, paid it off. Now the battery is less than 50 miles at full charge. It was such a waste of money. And now the car is worth less than 4000.
With that in mind, I am debating if I should get a used 2016 i3 around 20,000 or just go with lease a 2018. If it would end up like i3 in 3 years, then I would be wasting all the money on paying car loan again.
So my question is that is it worth to buy a used i3? how much could they be worth in 2020?

Any advice on this would be highly appreciated!


I would definitely consider a used one at the correct price , but i feel the 20K needs to come down further for sure for the i3.
There are some hidden costs with lease as well, like insurance costs for new car and if you have minor accidents.
2016 22KWH Rex.
2017 33KWH Rex
Solar ToU Plan

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