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

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

  1. kgall

    kgall Active Member

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    The news is out: The Nissan Leaf Electric Vehicle will cost $32,780 minus a $7,500 federal tax credit bringing the cost down to around $25k. Many states have additional tax credits available, such as California's additional $5,000 credit. Cost of the charging equipment will run you about $2,200, but the federal government will give you a tax credit for 50% of that cost. “Imagine the possibility of never needing to go to a gas station again. Or of paying less than $3 for 100 miles behind the wheel. Or of creating zero emissions while driving," said Brian Carolin, senior vice president, Sales and Marketing, NNA. “Nissan leads the industry by offering the first affordable, zero-emission vehicle for the mass market. Nissan LEAF truly is in a class by itself.” 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. You'll be able to put down a refundable $99 deposit down on April 20th. Who's in for one?
    NISSAN DELIVERS AFFORDABLE SOLUTIONS FOR PURCHASE, LEASE OF ALL-ELECTRIC NISSAN LEAF As low as $25,280 ($32,780 MSRP minus up to $7,500 federal tax credit) Lease world’s first mass-marketed EV for $349 per month Nissan North America, Inc. (NNA) today announced U.S. pricing for the 2011 Nissan LEAF electric vehicle, which becomes available for purchase or lease at Nissan dealers in select markets in December and nationwide in 2011. Nissan will begin taking consumer reservations for the Nissan LEAF April 20. Including the $7,500 federal tax credit for which the Nissan LEAF will be fully eligible, the consumer’s after-tax net value of the vehicle will be $25,280. The Manufacturer’s Suggested Retail Price *(MSRP) for the 2011 all-electric, zero-emission Nissan LEAF is $32,780, which includes three years of roadside assistance. Additionally, there is an array of state and local incentives that may further defray the costs and increase the benefits of owning and charging a Nissan LEAF – such as a $5,000 statewide tax rebate in California; a $5,000 tax credit in Georgia; a $1,500 tax credit in Oregon; and carpool-lane access in some states, including California. As a result of aggressive pricing and the availability of the $7,500 federal tax credit whose benefit is immediately included, Nissan will be able to offer a monthly lease payment beginning at $349, not including state or local incentives, which could further reduce the net cost of the Nissan LEAF. “Imagine the possibility of never needing to go to a gas station again. Or of paying less than $3 for 100 miles behind the wheel. Or of creating zero emissions while driving," said Brian Carolin, senior vice president, Sales and Marketing, NNA. “Nissan leads the industry by offering the first affordable, zero-emission vehicle for the mass market. Nissan LEAF truly is in a class by itself.” 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. Reservations and Purchase In order to ensure a one-stop-shop customer experience, Nissan is carefully managing the purchase process from the first step, when consumers sign up on NissanUSA.com, until the customer takes the Nissan LEAF home and plugs it into a personal charging dock.
    • Nissan begins accepting reservations on April 20 first from people who have signed up on NissanUSA.com, and, after a brief introductory period, to all interested consumers.
    • Consumers will be required to pay a $99 reservation fee, which is fully refundable.
    • Reserving a Nissan LEAF ensures consumers a place in line when Nissan begins taking firm orders in August, as well as access to special, upcoming Nissan LEAF events.
    • Rollout to select markets begins in December, with nationwide availability in 2011.
    Charging Equipment In tandem with the purchase process, Nissan will offer personal charging docks, which operate on a 220-volt supply, as well as their installation. Nissan is providing these home-charging stations, which will be built and installed by AeroVironment, as part of a one-stop-shop process that includes a home assessment.
    • The average cost for the charging dock plus installation will be $2,200.
    • Charging dock and installation are eligible for a 50 percent federal tax credit up to $2,000.
    • Using current national electricity averages, Nissan LEAF will cost less than $3 to “fill up.”
    • Nissan LEAF also will be the sole vehicle available as part of The EV Project, which is led by EV infrastructure provider eTec, a division of ECOtality, and will provide free home-charging stations and installation for up to 4,700 Nissan LEAF owners in those markets.
    In North America, Nissan's operations include automotive design, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program 2010, whose key priorities are reducing CO2 emissions, cutting other emissions and increasing recycling. More information on the Nissan LEAF and zero emissions can be found at www.NissanUsa.com. MSRP excludes applicable tax, title and license fees. Dealer sets actual price. Prices and specs are subject to change without notice.​

     
  2. DeadPhish

    DeadPhish Senior Member

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    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.
     
  3. Jolly Paul

    Jolly Paul Member

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    Looks good for a two car household, the other car being a Prius for long distance travel and carrying cargo.
     
  4. hampdenwireless

    hampdenwireless Active Member

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    Excellent price! For Marylanders we get it with $2000 more
    off through a tax credit. Nice to see the batteries are included!
     
  5. justlurkin

    justlurkin Señor Member

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    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.
     
  6. drees

    drees Senior Member

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    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.
     
  7. hill

    hill High Fiber Member

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    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
    ;)
    .
     
  8. bedrock8x

    bedrock8x Senior Member

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    Did they show the warranty period of the battery in the announcement?
     
  9. hill

    hill High Fiber Member

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    Who cares? . . . you don't own it!

    ;)

    .
     
  10. Rest

    Rest Active Member

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    Yea, sounds great until you throw in the California Stealership markups.
     
  11. Tideland Prius

    Tideland Prius Moderator of the North
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    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.
     
  12. ceric

    ceric New Member

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    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%.
     
  13. cwerdna

    cwerdna Senior Member

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    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.
     
  14. 32kcolors

    32kcolors Senior Member

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    ~30k is hardly a lot of money for a new car.
     
  15. MJFrog

    MJFrog Active Member

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    It's more than I can afford. :(
     
  16. Tom183

    Tom183 New Member

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    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.
     
  17. Tom183

    Tom183 New Member

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    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.
     
  18. DaveinOlyWA

    DaveinOlyWA 3rd Time was Solariffic!!

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    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!!
     
  19. Danny

    Danny Admin/Founder
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    I believe it's like most of the tax credits where you can spread it out over 5 years.
     
  20. cupidchild

    cupidchild Junior Member

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    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.