Nissan Leaf at about $25K--washpost.com

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by kgall, Mar 30, 2010.

  • by kgall, Mar 30, 2010 at 2:13 PM
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    kgall New Member

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    News a lot of us have been waiting for:

    Nissan unveils battery-powered Leaf

    From today's Washingtonpost.com:


    Nissan prices its first electric car at roughly $25K




    By Peter Whoriskey
    Washington Post Staff Writer
    Tuesday, March 30, 2010; 11:02 AM

    The Nissan Leaf, the first of several electric cars being developed by major manufacturers, will sell for $25,000 including federal tax credits, the automaker announced Tuesday, making it roughly comparable to conventional autos and posing a significant test of consumers' allegiance to gasoline-powered vehicles.
    While a small number of electric cars have been traveling U.S. roads for years, the price of producing them has kept manufacturers from building them for a mainstream audience.
    The relative affordability of the announced price surprised some industry observers. Nissan officials say that breakthroughs in research on batteries, combined with a $7,500 federal tax credit for the battery-powered cars, has enabled the company to make the cars available at that price.


    For More Details, see ggood's post on page 3 of the following thread, where he links to an article breaking things down, including assumptions on electricity costs:

    How Much Will a Nissan Leaf or Chevrolet Volt Cost to Buy? ([IMG] 1 2 3)
    kgall, Mar 30, 2010
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Comments

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by kgall, Mar 30, 2010.

Page 1 of 2
  1. DeadPhish
    If I read this correctly it appears that the price will be $32500 MSRP less the $7500 Fed Tax Credit, subject to AMT of course. Seems reasonable. The buyer will have to qualify financially to buy a $33,000 vehicle though.
    DeadPhish, Mar 30, 2010
    #2
  2. Jolly Paul
    Looks good for a two car household, the other car being a Prius for long distance travel and carrying cargo.
    Jolly Paul, Mar 30, 2010
    #3
  3. hampdenwireless
    Excellent price! For Marylanders we get it with $2000 more
    off through a tax credit. Nice to see the batteries are included!
    hampdenwireless, Mar 30, 2010
    #4
  4. justlurkin
    Didn't Nissan state earlier that the battery pack has to be leased separately?

    If that's the case, the actual cost would be higher than $25K.
    justlurkin, Mar 30, 2010
    #5
  5. drees
    No, they did not. The said that leasing the battery separately from the car may be an option, but later said that you have two options: Buying the whole car, or leasing the whole car. The latest information confirms that along with pricing.
    drees, Mar 30, 2010
    #6
  6. hill
    2011 Nissan Leaf US pricing officially announced: as low as $25,280* — Autoblog Green

    California Resident? Another $5,000 on top of the Fed Credits!

    ONLY TWENTY thousand ~

    WOOT !!

    :cool:

    Yes . . . that's true but BIG DEAL ~ the cost of a lease, plus cost of a charge is STILL a bargain when compared to the cost of GAS ALONE. Then, when you factor in the 'extras' of an ICE:

    no ICE oil
    no tranny oil
    no ICE air filters
    no smog checks
    etc

    And for us PV solar folks - another plus
    And for us freeway users - HOV stickers
    and on and on. Sign ups begin next month!
    I'm betting THIS lights a fire under Toyota
    ;)
    .
    hill, Mar 30, 2010
    #7
  7. bedrock8x
    Did they show the warranty period of the battery in the announcement?
    bedrock8x, Mar 30, 2010
    #8
  8. hill
    Who cares? . . . you don't own it!

    ;)

    .
    hill, Mar 30, 2010
    #9
  9. Rest
    Yea, sounds great until you throw in the California Stealership markups.
    Rest, Mar 30, 2010
    #10
  10. Tideland Prius
    US Pricing for the 2011 Leaf

    The vehicle at the SV trim level is well-equipped with a variety of standard features, including an advanced navigation system and Internet/smart phone connectivity to the vehicle, enabling pre-heat/pre-cool and charging control. Nissan LEAF is equipped with energy-efficient LED headlights and makes extensive use of recycled and recyclable materials, such as seat fabric, instrument panel materials, and front- and rear-bumper fascias. Other standard amenities include Bluetooth connectivity; Intelligent-key with push button start; Sirius/XM satellite radio capabilities and roadside assistance. Safety features include vehicle dynamic control (stability control), traction control and six airbags. The SL trim level, available for an additional $940 (MSRP), adds features including rearview monitor, solar panel spoiler, fog lights, and automatic headlights.
    Tideland Prius, Mar 30, 2010
    #11
  11. ceric
    Seriously, if you make enough money to consider a Prius, you probably will be hit with AMT. In that case, all the tax rebate/credit does not apply.
    Consult with your accountant before you get too excited.

    Yes, effectively, it is around $20,000 plus a 220V changer, which has its own rebate of up to 50%.
    ceric, Apr 1, 2010
    #12
  12. cwerdna
    Huh? :confused:I own a Prius and a 350Z. I've never been hit by AMT yet.

    Per http://www.ftc.gov/bcp/edu/pubs/consumer/autos/aut11.shtm, "According to the National Automobile Dealers Association, the average price of a new car sold in the United States is $28,400." So average new car buyers are all/mostly hit by AMT?

    But, when in lived in CA, some of my coworkers were hit by AMT, esp. those w/two high earners in the family.
    cwerdna, Apr 1, 2010
    #13
  13. 32kcolors
    ~30k is hardly a lot of money for a new car.
    32kcolors, Apr 1, 2010
    #14
  14. MJFrog
    It's more than I can afford. :(
    MJFrog, Apr 1, 2010
    #15
  15. Tom183
    It gets worse - if I read the IRS page right, the tax credit can only offset what you owe. So if you owe less than 7500 in taxes for 2010, you won't get the full rebate.

    Somebody correct me if I'm wrong on that - the official form for 2010 isn't published yet, so I may be.
    Tom183, Apr 1, 2010
    #16
  16. Tom183
    Regarding AMT, it hits a small percentage of people - primarily those who make good money (over 6 figures) but still have substantial deductions relative to their income. People making less are below the threshold (even with lots of deductions), and people making more have smaller deductions relative to their (very large) incomes.

    The point of AMT is to catch people on the high end of the income scale who are deducting too large a percentage of their income. And while it may be catching more people than it originally did, that's still how it works. It's simply a way of tapering off deductions for the highest earners.

    But this EV tax credit isn't a deduction, and I believe (in 2010) it is available even to those paying AMT.
    Tom183, Apr 1, 2010
    #17
  17. DaveinOlyWA
    being in one of the areas that was selected in the "EV highway project" this is a no brainer for me. after trade ins on the Zenn and the SPM, i hope to have less than $10,000 out of pocket. cant pass this up!!
    DaveinOlyWA, Apr 1, 2010
    #18
  18. Danny
    I believe it's like most of the tax credits where you can spread it out over 5 years.
    Danny, Apr 1, 2010
    #19
  19. cupidchild
    Do you seriously think LEAF will be out by August of this year?! (2010)
    I signed myself up on NissanUSA.com and want to put my $99 reservation deposit if it will be out by August of this year.
    cupidchild, Apr 1, 2010
    #20
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