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.
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