Nissan Leaf Priced as Low as $25,280

Leaf 
The price of Nissan's upcoming all-electric Leaf will start as low as $25,280, according to the automaker. But that price comes with several caveats.

The Leaf’s MSRP is $32,780, but Nissan has subtracted the $7,500 federal tax credit from it to get $25,280. Nissan will also offer a leasing program for the EV of $349 a month.

Additional state and local incentives also can be applied to the cost. California, for instance, has a $5,000 tax rebate for residents who buy a battery electric or plug-in hybrid car, while Georgia offers a $5,000 tax credit, and Oregon has a $1,500 tax credit.

The home charging dock will cost an average of $2,200 with installation, but it will be eligible for a federal tax credit of up to $2,000. Using national electricity price averages, Nissan says it should cost less than $3 to “fill up” the Leaf.

There’s no word on the Leaf’s destination fee yet. The Leaf will be available in select dealerships in December and nationwide in 2011. Nissan will begin accepting reservations for the Leaf on April 20.

Comments 

YOING

So much for the Volt hype.

Jason

The way I see it, the Volt is a gas-electric, the Leaf is all electric. So IMHO, the hype of the Volt is still valid since these are two different cars.

Roger

The Leaf is the real deal whereas the Volt is typical GM hype.

J

Of all the Japanese brands, I trust Mitsubishi and Nissan the least. I' ll buy a Ford before I would buy a Mitsubishi or Nissan.

Jay

"The Leaf’s MSRP is $32,780, but Nissan has subtracted the $7,500 federal tax credit from it to get $25,280."

Will someone please explain how this is calculated? The tax credit only comes off your gross income when you file your taxes. (Lets you slide into a lower tax bracket). It does NOT get taken off the sticker price of the vehicle. So you still have to finance the $32,780 (plus interest).

sheth

very misleading to claim the car starts at $26k. No one has been talking about the Volt's potential MSRP by subtracting the tax rebate. You still have to pay for the full price of the car. The tax rebate comes the following year.

Tony

Well,
it is getting interesting here...
So, how much you save on the tax credit? It is depends on where you are in the tax brackets.
Lets say, after all deductions you must pay tax based on $100,000. Then with the $7,500 tax credit you will save $1,875. Not much, huh?

But if you are poor family, making $70,000, that is a sweet deal! You will get into the lower bracket and $7,500 credit will save you $8,125. Now, your car will really cost you $25,000.

So, plan your income :o)

We're way past the point of the Volt being considered "hype." It is scheduled for production later this year and we've documented all the development testing along the way, which you can find here: http://chevroletvoltage.com/index.php/videos/category/Volt-Video.html We've also shown the vehicle performs just as predictably in the below freezing temps of Kapuskasing, Ontario as it does in the extreme heat of Death Valley, and everywhere in between. The Volt offers all the benefits of a BEV without any range limitations and for the majority of the population, it can be their only vehicle because it can be driven more than 300 miles before needing to recharge or refuel - no sacrifices, no second vehicle necessary and most important, no waiting on a recharge if you don't have time. Feel free to tweet me up at http://twitter.com/philcolley anytime to discuss further.

Jimmy

The difference between the Volt and the Leaf is that when we hit Peak Oil consumption and the Middle East begins to charge $1,000 per barrel of oil I will not need to worry becuase the U.S. electric system is coal based - of which we have plenty. My next car will be a Leaf because I am not going to depend on a FOREIGN country to supply my transportation needs. All electric is the only answer. Peak Oil will hit sooner than later (2030 by some estimates). Not to mention electricity has a potential of being renewable - not so with fuel or oil. Good luck with that. Of course the flammers are now going to say that we will not have a car for 20 years, but then again we never know when gas prices will spike.

Paul R

Hey Phil Colley since GM is going to have someone post on these boards how about answering this question: Why did Ed Whitacre, CEO, say the US taxpayers will make a profit on the $50 Billion bailout but now Chris Liddell, CFO, is backtracking on the commitment? Sounds like it's still the same old same GM management style - talking out both sides of it's mouth.

Style

This has to do with the Leaf how??

Rx

The GM person made a statement on a Leaf board so someone responded. That's what it has to do with it. Your elitist attitude fools no one.

The Leaf lease at $349 a month is a great way to get people into the car. Way to go Nissan.

Stephen Hardman

A lot of misunderstanding of tax laws here. A credit is always taken out of the tax due. So it is good at a dollar for dollar reduction of tax. You are confusing a credit with a deduction. Tax credits reduce your taxes by 100% of the credit unless the credit is greater than your tax due. So you must owe at least $7,500 to get the full credit.

Dan

Jimmy-
Most of the cost of coal is transportation from the mine to the power plant, which is done by diesel powered trains. If oil prices spike, so will coal prices. Thankfully only about half of US power is from coal. We need to get that down even further if we really want energy independence.

I'm pleasantly surprised by the price point of the Leaf. Way to go Nissan! I still expect in the short term that the Volt will be a higher volume product. Range anxiety will be a determining factor for many buyers, even if it is largely unfounded. As such the Volt is not hype at all, but a very solid product. I expect a large number of copycat products from around the globe to flood our market in the coming years.

Max Reid

Finally the Electric car has arrived. A proper 5-door 5-seater car with 100 mile range for 33K is affordable for many who many 60-70 miles / day as they spend a lot of money on gas.

This will also force Toyota to launch Prius-I the base model at an affordable price. Please note that Leaf has both fast and slow charger. So if you drive to someone place 100 miles away and if there is a charger around there, you can make use of it.

After all 95 % of the trips we make in a year is < 100 miles.

Many people who can stretch a lit bit will buy this car. Nissan has done a great job.

Looks like Leaf & Volt will compete head on which will also push down the price of Prius.

Maxx

Given the choice of the Volt vs Leaf I'll go with the Leaf. I don't trust GM and the majority of my trips are less than 25 miles. I really like the Leaf leasing option too.

Zack

Leaf and Volt are two different types of car. Leaf is a commuter only EV and the VOlt is an all purpose vehicle. The challenge for the Leaf is going to be winter weather - when that 100 mile range is more like 40 miles. Still a great vehicle, but I will wait to read the real world test articles before buying.

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