2018 Nissan LEAF Lease Deal – $229 Per Month, Nearly $4,000 Down


Nissan is starting the New LEAF promo train with a lease offer that isn’t quite as enticing as we hoped to see.

For just $229 per month, you can lease a new 2018 LEAF. That monthly rate is amazing for a 36-month lease, but the down payment (or initial payment) of $3,979 is a bit steep.

More Deals – New Nissan LEAF Lease Deal Of $229 Per Month, Lots Down

Sure, you can put less down and pay more per month, but it’s still going to work out to around $356 per month over the life of the lease when you add together down plus monthly.  With that said, this is the starting point for new LEAF leasing, and as we have seen in the past, discounts and better deals are always just up ahead.

Nissan says this LEAF lease deal applies to the 2018 LEAF S, which has a base MSRP of $29,990.

In addition to the lease deal, Nissan is offering a rather swell 0% APR for 72 months on a buy. So, buy if you can. Lease if you must.

Lastly, if you look at the image below, it seems Nissan is indicating that LEAF sales will begin on January 23, 2018. Or perhaps we’re reading too much into the starting offer date. U.S. production did indeed kick off a couple weeks back, so we assume sales should commence soon. Either way, you’ll have to apparently wait until the end of next month to get these deals.

What say you? Do these lease/finance deals entice you to get the new LEAF?

Category: Nissan

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99 responses to "2018 Nissan LEAF Lease Deal – $229 Per Month, Nearly $4,000 Down"
  1. bro1999 says:

    You can lease a Bolt LT for cheaper than that.

    1. Michael says:

      Well this is the launch lease, so this is as bad as it gets as Nissan has demand. As we have seen it only gets cheaper from here, and it never goes up.

      FYI, the first national Bolt deal was $329, with a very similar $3,809 down.

      You cant compare todays bolt deal to the LEAF you have to wait 15 months or so. If the bolt came down over $100, the leaf likely will too

      1. bro1999 says:

        People interested in a “long range” non-Tesla BEV will compare though. In the end, $$$ is the main driving factor for many people.

        1. Nick says:

          I think you’re right.

          My rough order of importance list looks like this:

          Seat comfort, cost, charging availability (CHAdeMO vs CCS), free charging inclusion, android auto, storage space, performance, ease of parking.

          Everyone’s will be different.

          1. Nick says:

            (I spend WAY too much time in my car 🙁 )

          2. bro1999 says:

            If the Bolt had a 1 time lease special of say $99 month/$0 down, even people that absolutely hate GM and hate everything about the Bolt would probably still lease one. Lol

            1. Mark.ca says:

              You know many Americans are overweight and can’t drive a Bolt because they can’t fit into their seats, right?

                1. Mark.ca says:

                  Stating facts… nothing more.

              1. Clive says:

                I agree what a wanker thing to say.

                The base seats suck regardless!

              2. ffbj says:

                approx 1/3 are obese, included in the 2/3 that are overweight.

                1. ModernMarvelFan says:

                  So, are you saying that if you buy a Bolt, then you must be stylish thin and fit? =)

                  Oh boy, isn’t that a selling point?

              3. Robb Stark says:

                Only a tiny percentage of Canadians are overweight.

                Most have runway perfect bodies.

            2. Asak says:

              I would definitely lease one and just get a cushion for the seat.

      2. Mark.ca says:

        If you are buying now, you compare the deals that they have now….but yes, you are right, both initial deals sucked as Bolt has similar.

        1. Colorado says:

          When the Bolt came out it had an unprecedented range for an EV below $75k. Much later Nissan still doesn’t match the range.

          Really not sure what the supposed “pent-up” demand for the LEAF is all about. It was incredibly ground-breaking in 2011, with some real improvements in 2013. But they’ve fallen behind since, and they screwed many of their early adopters with the battery fiasco. The range isn’t that much more than the 2017 LEAF.

      3. bro1999 says:

        PLUS this base S Leaf model doesn’t even include the fast charging package most likely. So tack on another $1,500 or whatever the fast charging option costs

        1. Nick says:

          It’s insane to me that Nissan has DCQC as an optional feature. Glad they included seats and wheels standard.

          1. philip d says:

            Doesn’t the Bolt have optional CCS as well?

            1. Mark says:

              Yes the bolt Dc option is 750.

          2. Wayne Wittmus says:

            If you know you’re only home charging because of short daily commute, backup ICE car for long trips and there isn’t a convenient ChaDeMo charger near you…save the $1500.

          3. menorman says:

            At least it’s only an option on the Leaf S. The SV and SL trims get it standard.

      4. Terawatt says:

        “You can’t compare”

        He just did, you’re clearly mistaken.

        Both comparisons are of interest. But to those looking to lease a car now, obviously the current offers are exactly the relevant comparison. I do agree the LEAF lease will probably come down. That’s relevant only when you are willing to wait with no guarantee or sure timeline.

    2. scott franco says:

      “You can lease a Bolt LT for cheaper than that.”

      Looking online, Chevy is quoting $277/$4,000 down for the Bolt. Obviously this is before the deals kick in, but you could say the same thing about the Leaf.

      There is one thing for certain. These two cars (Leaf and Bolt) are certainly head to head competitors.

    3. eltosho says:

      Yeah, and if you want even a better deal for your money, you get a Tesla M3.

      1. Rick says:

        If you can actually get one within the time frame you want it.

  2. Maaz says:

    Yeah, Bolt it is.

  3. John says:

    Or just drive a used Chevy Volt for a few more years and wait for lease returns to come back on the used market for pennies on the dollar. Once again, patience will be rewarded.

    Oh, and in a short 3 years you can likely order a Model 3 and have it delivered on the same timelines like the Model S of today (6-8 weeks).

    Patience, Grasshopper..

    1. God/Bacardi says:

      Leafs, Spark EVs, etc are all super cheap off lease…The whole idea to leasing is giving yourself options in the future…Lease/”rent” now, come turn in time you have the option to turn it in, purchase it or extend the lease…

      1. John says:

        Yeah, purchasing the vehicle at the end of a lease is usually such a “super” deal..

        1. God/Bacardi says:

          Depends how you look at it; while some incentives are exclusive to either purchase or lease, the “sale price” isn’t so if a dealer is willing to give you $3000 off MSRP, dealer won’t care whether you lease or purchase…Buying then selling three later will get you hosed…Furthermore if you get into an accident, even if it’s not your fault, you can just turn it back in vs owning it and the reduced resale value…Lastly, lenders have been known to accept lower offers than the originally agreed to purchase price but that’s not guaranteed…

        2. Asak says:

          A lease is kind of like paying for an option to buy while hedging your bets. If you do buy you come out behind vs purchasing up front. However if your car turns out to be a lemon, or maybe you just don’t end up liking it, then you only have to deal with it for three years. You’re paying for that safety.

  4. Quebec 100% EV says:

    Once the 2019 e+ version comes out in 11 months my guess is that these will lose about 30% of their value…

  5. KUD says:

    With those air cooled batteries I would never buy

    1. bro1999 says:

      It’s pretty much a lease-only car without active liquid cooling. At least for anyone with a brain.

      1. Terawatt says:

        Because the failure rate on Nissan’s battery packs has been tremendous, as your imbecile-in-office would have put it. And so is the capacity loss!

        Except you can’t show any credible data to back it up.

        What’s the SOH on your Bolt..? You don’t even have any way of knowing, right? Considering you can drive 3.5 times as far on each charge as my LEAF, you need to match 80% SOH after 230,000 km in order to match the capacity loss on my LEAF.

        Do you have any way of knowing if that will happen? No. Not even LG knows – although they at least will have an informed guess, just not share it with us.

        I haven’t found any good numbers on this and therefore accept that I can’t know if one has more reliable or slower-degrading batteries than the other. I merely have an idea. But if you Google around a bit you will find stories claiming that only 3 LEAF packs had ever been replaced around the 200,000 cars delivered mark. The Bolt OTOH was recalled after a few thousand were delivered – every one of them – although I’m not sure they swapped the pack in any/all. Tesla too had many failures, especially in the 2013 model.

        Please, back up your so often repeated claims regarding the Nissan battery pack or back down on the claim itself. To keep saying it but refusing to state your source is bordering on the slanderous.

        1. bro1999 says:

          Are you denying that Gen 1 Leaf owners suffered severe degradation in their Leafs? Especially those living in hot climates? If your point is that active liquid cooling is no better than passive air cooling because there is no “proof”, I laugh at your face.

          1. Mint says:

            If it’s only a problem those in hot climates, then it’s absolutely not worth it for the cheapest usable EV to implement active cooling.

            Quite honestly *every* buyer of an EV with less than 200 miles of should lease if they’re smart, and this has been the case for 7 years.

            So really, your point is moot.

            1. bro1999 says:

              Look right below. Actual Leaf owners in temperate climates that have reported severe degradation despite employing battery life increasing techniques. Try again buddy.

        2. John says:

          I’ll attest, as a 1st Gen Leaf owner, their battery packs are GARBAGE. I’m at 55k miles on my Leaf and the battery is degraded by 25%.

          Gee, great product. And keep beating the drum for the Nissan Leaf’s quality- and ignoring owners that provide empirical evidence.

          1. Colorado says:

            We’re at 61k miles, 70% capacity in theory, but our range is about 50% of what we had when we got it “new” with 95% capacity, before the mandatory software update.

            In short, Nissan – who has been silent on data about their batteries – can’t convince me that the reported capacity remaining is the actual capacity remaining unless they actually release data proving it.

            Never giving a cent to that manufacturer again.

          2. John says:

            2015 Leaf, 41k miles, Arizona (PHX area). Lost one bar or battery capacity after about 2 years, just lost another bar 6 months ago. Range is diminished but my commute is about 26 miles one way, so I can still make if home most of the days if it is not too hot outside. My commute is mainly highway @60-70mph).

        3. KL says:

          Just had my 16 Leaf sv 30kwh battery replaced @ 19k miles. Nevada weather

    2. GeorgeS says:

      If you live in a cold climate it’s not so much an issue.

      1. Quebec 100% EV says:

        Even in colder climates it’s still an issue in summertime since you really can’t fast charge more than twice in a row, otherwise the battery temp goes into red and you’re cooking your battery accelerating degradation in a very significant way… Nissan says that the passive air “cooling” (read sealed oven) is a bit better on the 2018 Leaf but I’m skeptical to say the least.

        1. George S says:

          At Quebec that’s why you lease not buy

        2. John Ray says:

          If you quick charge twice a day, you bought the wrong car.

          1. bro1999 says:

            Lots of Tesla owners must have bought the wrong car then.

      2. Colorado says:

        We’re in high altitude Colorado – equivalent to Minneapolis in terms of climate as far as the battery life is concerned. Park indoors in the shade. Still have seen massive degradation.

        Screw Nissan.

        1. Mint says:

          You would’ve screwed them if you leased. Let Nissan get stuck with a car that needs a new battery.

          I really don’t understand why people purchased first gen EVs with <100 miles of range when it's so obvious that in 3 years they'd become worthless compared to new models, even without battery degradation (which of course makes things even worse).

          Anyway, live and learn…

  6. GeorgeS says:

    that’s for the cheap one before tax and license. Tax and license will add roughly 80$/month.

    That puts out the door for 0 down at 440$/mo.

  7. Mark.ca says:

    Just NO!!!
    That is ridiculous! They set the residual at around 30% or they are just stealing all the fed credit? This is one way to control the sales volume. Nice job, Nissan!

  8. Ed Stein says:

    No active battery cooling so no go. My Leaf S 2015 ended up with 94.5% capacity at 40K which isn’t bad. Sometimes LeafSpy showed 91.5% so I wasn’t sure either. I babied it. Never discharged it beyond 15%, never held it at 100% any longer than necessary, fast charged only a few times and I live in WI with built in cooled air.

    1. Mark.ca says:

      That is low degradation for non Tesla batteries so I don’t get what you are complaining about.

    2. Leafer says:

      My 2012 had 93% capacity at 50k miles. Live in midatlantic, never babied it, frequently took battery to below 10%. Frequently to 100%, but never held the charge there for more than 8 hours.

      1. Quebec 100% EV says:

        That’s very impressive for a 2012 but if you don’t live in a very hot climate I guess that explains it.

        Even in Montréal Québec the problem is that it gets pretty hot in summertime, sometimes over 30 degrees Celsius, which is very bad for EVs with no active battery cooling as you cant fast charge more than twice in a row so long road trips are out of the question in summer.

        1. ffbj says:

          The perfect climate for the Leaf, which is what it was designed for, is Japan. The Goldilocks Zone, not too hot not too cold, but just right. Climate extremes tempered by ocean proximity.
          The opposite would be the central North America, Siberia, etc… places with large temperature swings.

          1. JyChevyVolt says:

            Actually, the perfect weather for EV is Vancouver, BC.

          2. Alex says:

            You must have never been to Japan, it’s hot and humid in the summer.

            2013 Focus EV with active cooling on battery. I’ve lost around 20% capacity; zero miles to full = 18.5 kwh.

    3. Murrysville EV says:

      My 12 Leaf lost 15% in 3 years/26k miles, here in temperate western PA.

      It was quick charged only twice, and was rarely charged up to 100%.

      The newer Leaf batteries are better, but there’s no way I’d buy vs lease due to the Nissan battery. Can you imagine a 72-month payment ending on a 2011 Leaf only *now*?

      1. scott franco says:

        My 2013 leaf lease, returned last year, lost no bars by the time I turned it in. San Jose is not particularly hot, but yes, I believe it got better by year ’13.

      2. Asak says:

        The degradation might not even be such a bitter pill if you could at least upgrade to a larger battery when you paid for the replacement. It should be technically possible, since it’s all the same model of car. The fact that Nissan doesn’t allow you to do that shows how much they actually respect their customers (not much).

  9. Kdawg says:

    Nissan should offer a CCS charging option for US buyers.

    1. bro1999 says:

      Honestly, switching to the 1 port CCS combo would have to be cheaper than the CHAdeMO/J1772 setup with separate ports. I think the only reason they are sticking with CHAdeMO is because it’s basically a standard the Japanese started…possibly even Nissan itself.

      Honda has gone CCS, so Nissan/Mitsu is really on an island with CHAdeMO.

      1. philip d says:

        They are also literally on and island.

      2. scott franco says:

        The bad news is that Chademo really does look like a looser in the long run.

        The good news is many or even most stations are dual standard, so it does not matter in the short run.

        Remember we already retired a charger standard, the old EV1 paddle.

    2. Reaf says:

      Considering the number of CHAdeMO chargers far exceeding CCS, that doesn’t make sense at all.

  10. William says:

    Leased my 30 kWh Leaf after patiently waiting for 12 months after the cars build date (car sat on dealer lot for about 9 +months), for $1600. Down/ $170. per month 3yr/45k mi. out the Stealership Door! Tax/Lic/Delivery incl. Doesn’t include eligibility for the Cali. Vehicle Rebate Program + $2500. With the wait till the check comes plan from Sacramento.

    With Tax and License, that puts it at about an additional $5K over my 3 Year Lease. This is Not the Leaf Rollout Lease “Deal” I was hoping for!

    With only the above 12K miles lease, it might be worth waiting till the “end of the year” sale, right before the “LG Chem inside” 2019 Leaf, with a 60 kWh battery pack (200mi.+), starts to arrive at Stealerships.

  11. Mister G says:

    Hey Nissan $1000 down $229 per month 15,000 miles per year TAKE IT OR LEAVE IT

    1. William says:

      Now you’re talking!

    2. God/Bacardi says:

      Captain Obvious says: “They’ll leave it!”

  12. John Norris says:

    UK version is $450 per month and $6,800 down. 3 years/10k miles. Stop complaining!


    1. ffbj says:

      We’re Americans, it’s what we do.

      1. John Norris says:

        Thanks. Made me smile 🙂

  13. greg says:

    Does the lease number account for the fed and state tax credits? Thats 9,500 combined in ny state.

    1. bro1999 says:

      It sure does. Sounds like Nissan ain’t giving much if ANY of the tax credit in the form of lease incentives.

      1. greg says:

        I dont see whee it mentions tax credits, it appears to be based on msrp

        1. Mark.ca says:

          The fed credit is never mentioned in leases because the creditor gets it, not you. You get the state, local and utility credit on top of this deal…if you have any.
          To say this is a bad deal it’s an understatement.

    2. God/Bacardi says:

      Or looking at this way…They’re giving you the FULL tax credit but are jacking up the money factor and manipulating the residual…More to leasing other than the CCR/”lease cash”…

    3. Gasbag says:

      The Fed tax credit goes to the leasing company. You’ll have to check on the details of the state incentives. Here in California the state $2500 goes to the lessee but the lease must be a minimum of 36 months. Locally there is also a $500 incentive offered by the electric company which goes to the lessee.

      1. William says:

        If you read the $2500. CRVP carefully, it is 30 Months, that you are on the hook for, last time I checked when I Leased here in So.Cal.

        1. Mark.ca says:

          Correct, in CA is 30 months minimum otherwise it will be prorated…up to $4000.

  14. God/Bacardi says:

    As I believe everyone understands, TTL is not included…Usually the “initial” down includes the first months payment so before TTL we have 229 x 35 + 3979 = $11,994…If you TRUE zero out of pocket drive off, you again omit the first payment so we can take $11,994 / 35 = $342/mo…We don’t know the money factor (interest) which now applies to the $3979, TTL is not included and this is at MSRP…My best guess is after a realistic sales price discount, $0 drive off and 35 payments of $350/mo inclusive of all fees and taxes is pretty easy to get…

  15. George S says:

    Jayis mr. Lease expert
    He’s had a bunch of Nissan Leafs. I’d like to hear what he has to say

    1. William says:

      Vinny will set us straight on any Lease numbers, should he chime in here.

      1. vin says:

        Hey William! I wasn’t gonna say anything, but since you called me out… 🙂

        Current factory offer on the old 2017 LEAF S is $229/mo+tax, $1999+tax+lic at signing. That includes a $12350 incentive, which is almost $5K over the $7500 fed tax credit.

        So the much improved 2018 LEAF S will cost only about $2000 more over the 3-year lease term. To me, this indicates that Nissan is passing on the $7500 tax credit to the lessee, maybe a little more (but not much). I think Lawrence’s post below is spot-on.

        My $0.02? This is a decent factory lease deal for a brand new model that is way better than what it replaces. I wouldn’t be surprised if dealers jack it up for the first couple of months. Might be a while before we see a significant number of dealers publishing discounted lease deals.

        I think Nissan is taking the approach that Toyota took with the Prius Prime and that Chrysler took with the Pacifica Hybrid as far as setting the MSRP at an attractive level from the first day it hits the streets. They seem to be going one further by immediately publishing a factory lease offer that apparently passes on the federal tax credit to the consumer in its entirety.

        1. Jay Cole says:

          It is true I have had a few EVs (and LEAFs) in my day. I actually always prefer to buy outright or finance (but I have given up trying to promote that as the best option, lol).

          With that said, I have also leased a few EVs (including a LEAF in my driveway currently), but only under certain conditions…namely that the incentive is retained (or at least the vast majority), and the interest rate is 0% to ~1.9%ish, AND there isn’t a finance deal around the same at the time of purchase.

          While I’m not a professional trader by any stretch, I am fairly confident I can net 7-8% in an ‘off’ year on my money (the last ~7 years have been fantastical….and I’m pretty sure I have netted more in gains than the entire cost of the car on the money that Nissan has let me kept invested while they carried the facility for 0%…but I am not delusional enough to think that can go on forever).

          So if I can lease a LEAF for 36-48 months and make an expected spread of ~5% (after the fees and incentive that is clipped) then I would do it.

          In this case, I would not at all…because Nissan is offering 72 months financing at 0%…so I would be all about that. The lease rates/deal is actually not bad (assuming the buyout at the end), but it erodes one’s ability to get the ‘best’ deal, and the fees/costs associated with the lease and buyout are a pain/real thing. (although in this case, knowing the ~60 kWh/225 mile, better performance version arrives next Fall…I’d be waiting for that)..

          I really don’t give two figs about the monthly number, its the percentage and term (assuming the negotiated sticker is acceptable).

          Buying nets 0%, the $7500 on the current years’s taxes, and the ‘free’ capital being diverted/spread out and put to use over 72 months (6 years) at ~8% + the value of the ~7,500 immediately, that will ultimately net some ~$9,000 odd in further gains. So the 72 months/0% is worth about $16,500 off to me the way I see it (+ the value of the car whenever it is flipped
          + the EV-related savings)

          1. Mint says:

            That’s a good point, but the difference in gains over a 2% lease is only ~$2k over three years.

            If the actual market value in 3 years winds up being $2k lower than the residual (which is very possible with the LEAF), then it’s still a wash in your world of 8% returns.

            At one point Nissan was offering $5k+ credit for end of lease buyouts. That washes out any advantage from 0% financing.

            1. Jay Cole says:

              As I said, I’ve given up trying to promote/explain that ~0% financing is always the way to go…with 0%/sub 2% leasing as the #2 choice.

              All I can tell you is my personal experience…I’ve had a lot of EVs, and have come out well ahead by sticking to this formula

  16. DJ says:

    As bad as this sounds this is shockingly close to an offer I got from our local Nissan dealer. It was like $3k down and $300 a month and that was probably 2 years ago. This is when you could pick them up for a little more than $20k! Some dealers just don’t want to deal with them so while this may be the initial offer it’s obviously going to come down, we’ll just have to see how quickly!

  17. Astros says:

    Looking at the fine print, the residual value is $9,263 for the S and $11,590 for the SV with the tech package. So if you lease and decide to buy at the end you’ll end up paying $3,979+$229*35+$9,263=$21,257 for a base S or $3,979+$356*35+$11,590 = $28,029 for an SV with ProPilot and quick charging. So, it sounds like the total cost is almost exactly the same whether you buy (and take the full tax deduction) or lease. Except, as many people have noted, the lease allows you to back out after 3 years if the battery degrades horribly, and you don’t have to front the $7,500 for a year until you get the tax credit.

    1. Ziv says:

      I bought my Volt at the end of my lease for considerably less than the residual. I would guess that many Leaf owners will be able to do so as well.

  18. JyChevyVolt says:

    People in San Diego and Hawaii.

    MSRP: $30,000
    Federal tax credit: $7500
    California rebate: $2500-4500
    SDGE rebate: $10,000
    SDGE: $200 annual rebate

    You can get your new Leaf for $7800 to $9,800 with unlimited mileage.

    1. M3 - reserved -- Niro/Leaf 2.0/Outlander - TBD says:

      $10k is for 2017 only though, right? I don’t think the 2018 was included.

  19. Lawrence says:

    I did the math an they are setting a 34% residual and asking msrp. The $7500 tax credit is fully applied. They’re not kicking any dealer contribution or mfg rebate.

    They get about 3 ZEV for each sold, but they have way more ZEV’s than they need for a long time so looks like they aren’t discounting for the ZEV they get for each sale.

    Maybe that larger capacity battery brought their costs up and they can’t discount like they did before. Just a possibility.

  20. David Murray says:

    The ultimate determination for which sells better, Leaf vs. Bolt, will probably depend on who advertises more. And I think we know GM’s feelings on advertising.

  21. silversod says:

    WoW! Way to expensive leases here in the UK, just got some figures from the Nissan dealer

    £3000/$4005 down £401/$535 per month for 10K miles/year.

    I cant even get a Renault Zoe here that’s not got a leased battery attached to it.

  22. EVcarDan says:

    For that price, forget it Nissan. I can get a (shorter but sufficient range) electric smart car for $1000 down, $139 a month. Over 36 months, thats HALF the cost of the Leaf lease, and the smart is liquid cooled.

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