The typical American probably hasn’t heard of the Coda EV Sedan, the plug-in car that’s more expensive than a Nissan Leaf or a Chevrolet Volt. But when shopping for an electric vehicle, it’s best to know all the major players.
Pricing details have recently been announced by Coda Automotive. The Coda EV sedan is priced at $44,900 ($37,400, after a $7,500 tax credit is deducted). On the other hand, the Leaf costs $25,280 and the Volt is priced at $33,500 after incentives.
This means that you either buy a Volt and get an electric vehicle with a range extender or spend $4,000 more to go gas-free and have a longer EV-only range. Buyers may also choose to spend less on the Leaf ($12,120) and go nearly as far on battery power.
The Leaf is claimed to have a range of about 100 miles, while Coda asserts that its 33.8 kWh lithium iron phosphate (LiFePO4) battery system with active thermal management will provide "a dependable all-weather range of up to 120 miles and at least 30% more usable energy than [its] leading competitor."
But after tax savings, the net could fall to as low as $37,400 (MSRP $44,900), with federal tax savings from 0-$7,500. This is exclusive of tax, title and license. For now, the vehicle is offered through online reservations. Deliveries will begin in December 2010 but this is still subject to change.
Limited quantities are available in California only but more will be offered in Spring 2011 with full market rollout through 2012. To get full benefits, taxpayer must incur federal tax liability.
In addition, reserving the car costs more than it does for the Leaf as Coda is asking for a $499 refundable deposit. The Coda will be offered in California later this year and Hawaii in 2011. [via Autoblog Green]