Nissan Motor Acceptance Corporation (NMAC), which is an independent subsidiary of Nissan Motor Corporation (NMC), is responsible for customer leasing programs and in effect buys new cars from the parent company and then leases them to retail and fleet customers. As with any organization that buys and leases assets, part of the process is that at the end of the lease period they must liquidate that asset. In order to liquidate the asset, in this case a LEAF coming off of lease, they must decide on what the value, or residual, of the asset will be at that point in time.
He writes that he really likes the Soul and on paper he feels that it's a better car than Nissan LEAF and many respects. "But I chose the LEAF because of the following" reasons, he writes, and lists three reasons for his choice.
The first reason is the lack of nearby Kia dealers. It will take him to drive 45 minutes to get to the nearest Kia dealer that actually stocks Soul EV. This is, of course, closely related to the second and particularly the third reasons, discussed below.
Is the future electric? Are electric vehicles destined to displace the internal combustion engine for passenger vehicles once and for all? If so, how long is that going to take? And why does an all-electric Nissan LEAF cost $30,000 when it looks just like a Nissan Versa you can get for a shade under $12,000 if the dealer is desperate?
Andrew Chiang replies and says, "yes," it is normal, but also writes that it is worthless. He points out to a discussion at MyNissanLeaf.com and continues: "If you have 2013+ LeAF, you are FAR better off depending on the % SoC (State of Charge) display. I just "love" it when my GOM starts off at 80 miles and when I drive 8 miles, it goes up to 88.... Or, if I go up a steep hill (e.g.
Yesterday I asked about the residual value of a used Nissan LEAF. Obviously several factors, like market conditions and battery technology, determine it. While the prices of used LEAFs are falling, some LEAF owners suggest a month to month leasing as a viable option instead of buying a used one.
In this picture you see the residual value of 2014 Nissan LEAF 5dr HB S, estimated by Cars.com. But there are issues related to battery replacement and battery life, which I don't know if are included while calculating the 2014 LEAF's residual value. I asked the question to some Nissan LEAF owners and here is what they commented.
Earlier today we published one EV owner's opinion refuting this line of thought, saying comparing the LEAF to a battery-powered Versa is not giving the LEAF designers much credit. In this opinion piece, an EV owner and enthusiast Ivan Jue makes a brief comparison between Nissan LEAF and Versa as well as Chevy Volt and Cruze, writing one cannot judge the book by its cover. Here is what Jue says.
The story in question reasoned that the Nissan LEAF is simply a modified Versa because Versa is the cheapest new car on the market, at just above $12,000 and the LEAF is nearly three times the cost of that. Marc Fontana from SF Area Nissan LEAF Owners group completely disagrees and says we should not be mislead by the similar design of Nissan LEAF and Nissan Versa.
The instantaneous mi/kWh metric is utterly useless. A 5 second rolling average would be far better. Also, a scale of 0-8 trivializes the major difference between 4 and 5 mi/kWh.
The "To 100% Charge" is usually wildly off. 6kW and 3.3kW recharge times would be far more useful. Considering Nissan says the 120V is "emergency charging," it makes no sense to show 240V and 120V times.
In a debate, under our discussion at the Tesla Model S Owners Club the sentiment is that the electric car manufacturers need to bring the price down before they extend the range. One commenter says he knows "plenty of people who won't buy any EV because they are all just too expensive. Over the past 4 years the specs of the EVs have gotten better but their price has not come down significantly, especially the Nissan LEAF. People would really rather buy a 50 mile range $15,000 car than a 100 mile range $30,000 car."