2013 Honda Fit EV will lease for $389 a month

Article by Christian Andrei, on July 3, 2012

The Honda Fit EV – the latest battery-electric vehicle to arrive in the market -- will be available in California and Oregon beginning on July 20. But it will be available in six East Coast markets starting early next year. Rolling out the model in stages is a strategy that is used on early-adopter markets by many automakers to launch alternative-propulsion models like the Chevrolet Volt and Nissan Leaf.

Those from California or Oregon who want to soon drive the EV version of the compact car has to be ready to spend more than $389 a month for a 36-month lease. Even if this figure is higher than other leases or comparable models like the Nissan Leaf and Chevrolet Volt, it has to be remembered that this figure is a zero-down lease.

The Leaf and Mitsubishi i electric only need a down payment as part of the lease. The Ford Focus Electric costs $439 every month. The one who got her also gets a $2490 down payment, $595 acquisition fee, and $3524 expected at signing. Similar to the Volt, the Fit EV lease is a closed-end lease, and the car can’t be bought before the term ends. What paying for an amount each month gets the customer is the current highest-rated fuel efficiency rating that the EPA has granted.

It offers 118 MPGe, exceeding the Focus EV’s 105 MPGe combined rating, as well as the 112 MPGe of the Mitsubishi i’s, and the 99MPGe of the Leaf. Recently, the EPA revealed that the high-performance Tesla Model S luxury sedan has a combined efficiency figure of 89 MPGe. Nonetheless, the 82-mile range of the Fit EV would fail to match the Model S’s range of 265 miles while using its optional 85-kWh battery pack.

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