Nissan Leaf Will Cost Only $25,000
After subtracting a $7,500 federal tax credit for electric cars, the price of the Leaf will come out to $25,280 (There is an additional $800 destination charge).
The Nissan Leaf will be the first affordable all-electric vehicle on the market. As part of the purchase, buyers will have to install a 220-volt home charger which costs about $2,200. The good news: There's an additional federal tax rebate that will offset that price by $2,000.
Even better news - residents in California and Georgia qualify for an additional $5,000 tax rebate while Oregon residents get an additional $1,500 tax credit.
The Leaf has a range of about 100 miles between charges and will cost only $3 each time to recharge.
The first cars will be available in Seattle, Oregon, Tennessee, San Diego, Phoenix and Tucson starting in December. Nissan will begin taking deposits of $99 on April 20.
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid