Black Friday is often regarded as a great day for consumers in a number of areas in the United States, including California. This is particularly because on this specific day of the year – a day just after Thanksgiving – companies are racing to offer the lowest prices and the best deals available.
A Fiat dealership – Orange Coast Fiat in Costa Mesa, California -- is riding on this wave by offering the new Fiat 500e all-electric hatchback for lease for just $49 per month. Yes, the good people of California could avail of this lease for less than $50 a month, good for 36 months. Additional good news is that those who availed of this lease don’t have to shell out anything as a down payment.
However, this promo is only a “Limited Inventory” lease, which means only a few units will be available. Of course, this promo is – so far – available only at Orange Coast Fiat and there has been no news yet of other Fiat dealers offering a similar deal. Orange Coast Fiat’s Limited Inventory $49 per month lease deal for the new Fiat 500e all-electric hatchback is available from November 25 (Black Friday) to November 27.
Orange Coast Fiat’s $49 per month lease deal is so far the lowest offered on the Fiat 500e. Prior lease deals were pegged at between $89 per month and $99 per month ($0 down). At the web site of Fiat USA, the lease deal for the 2016 Fiat 500e is marked at $149 per month, with $1,999 in down payment due upon signing. At $49 per month, not a few would think that there is a big catch to Orange Coast Fiat’s lease deal.
After all, this lease deal is $100 per month cheaper than the one offered by Fiat at its Web site. Likewise, it comes with no downpayment, unlike that offered by Fiat USA on its Web site tagged at $1,999. In addition, this deal makes more sense than buying a base version of the Fiat 500e at a manufacturer’s suggested retail price of $31,800, which could go down further once the $7,500 federal tax credit and the $2,500 clean air rebate are counted.
So what can one get from a new Fiat 500e? He or she will get an all-electric version of the Fiat 500 icon powered by an electric drive motor providing 111 hp (83 kW) of output and 147 lb/ft (200 Nm) of torque, allowing this vehicle to zoom from zero to 60 mph in 9.1 seconds. This motor gets its juice from a 24-kWh liquid-heated and -cooled Lithium-ion battery with four-mode Thermal Management System. The Fiat 500e allows drivers to travel up to 84 miles before recharging, with an estimated fuel consumption rate of 30 kWh per 100 miles.