Nissan will keep the price of its LEAF EV competitive with similar-size cars

Article by Christian A., on August 26, 2010

In response to rumors that the Leaf electric vehicle will cost between JPY3.5 million and JPY4 million (about $38,720 to $44,250), an insider insisted that the Leaf will not be priced within this range and that it will be made affordable. This source added that Nissan Motor Co. has plans to lease the Leaf at a monthly rate that is comparable with the cost of leasing a Honda Accord or Toyota Prius.

This same source said that by the end of March, Nissan will be announcing the pricing details of the five-seat hatchback in Japan.

Nissan plans to sell the vehicle and lease the lithium ion battery, which accounts for a big portion of the overall cost. But in the US where the Leaf will arrive at select showrooms in December, Nissan is expected to revise this pricing plan as customers have said that they want to lease both.

Nissan's plan to take the lead in zero-emissions cars is actually centered on the Leaf. Nissan CEO Carlos Ghosn thinks that its will depend on being competitively priced against similar cars powered by gasoline.

On March 17, Japan's Mainichi newspaper reported that the sticker price in Japan could reach $44,000. But due to the government's electric-vehicle incentives (which could go up to $7,500), the final price could drop to less than $33,000.

The source said however, that Nissan's target price is lower. When considering the battery and the vehicle are being leased and with these incentives, the monthly lease is seen to be comparable with that of the Honda Accord or Toyota Prius. [via autonews - sub. required]

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Cadillac’s CT6 full-size prestige-luxury sedan is still somewhat new. It has been offered to the global auto market for two model years – 2016 and 2017. But for those who...
by - February 19, 2017
In many industries, it is the rivalries that make things exciting. In basketball for example, there is the well-known rivalry between the Los Angeles Lakers against the Boston Celtics. For...
by - February 19, 2017
Now on sale in several major markets around the world including Europe, the BMW 5 Series (G30) heralds the arrival of the new seventh generation and represents a whole new...
by - February 19, 2017
Just recently, it was speculated that a new Porsche Cayman GT4 RS is coming. There is no official confirmation yet from the German sports car maker, but the arrival of...
by - February 18, 2017
Will there be a BMW M4 CS? Apparently, there is a Club Sport version of the BMWM4 after it was sighted in California doing a shoot for a new commercial...
by - February 18, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries