Lease price of the Mini E set at $850 per month

Article by Christian A., on August 26, 2010

Car owners looking to own of the limited 500 Mini E electric vehicles that are going towards production in California will have to pay a high price for the opportunity. Aside from the restricted volume production, the technology itself is revolutionary, and even the $850 monthly pricing is insufficient to cover the actual costs of the cars' development and manufacture.

Even as raw value may not be a highlight in the Mini E, at least at this early phase in its lifecycle, the car does provide a robust performance package for a multi-purpose EV.

With an estimated range of 150mi (240km) on a 2.5-hour charge, add to that a peppy acceleration and highway-speed capability, the Mini E should prove a reasonable companion. Fuel savings will offset the lease price to a degree, although the latest drop in gasoline prices in the U.S. has lessened that advantage to some extent.

A standard Mini Cooper would cost about $350 for a 24-month lease, or almost $800 for a theoretical 12-month lease, although Mini's briefest available term for its standard vehicles is currently 24 months. And in California, where image is everything, the value of an electric Mini Cooper cannot be measured.

Luxevelocity reports that limitations as to where the Mini E can be kept and charged will also be a consideration in the leases.

Mini rules and guidelines will permit "only lockable garages or similar buildings" to serve as home bases or power stations for the car. Unique maintenance requirements and charges will also apply, but are only laid bare upon agreement to the terms of the lease. [source luxvelocity]

If you liked the article, share on:

Comments

Recommended

The BMW 7 Series is already highly sought after but nonetheless, the German marque is giving it a more exclusive variant for the Russian market, and they are calling it...
by - October 20, 2017
Several automakers including Porsche, Volkswagen, Smart and even Land Rover have all been victimized by cheap Chinese copycats. And if you haven’t seen it yet, the most recent one would...
by - October 20, 2017
The Mercedes-Benz G-Class has been around for quite some time now but to bid it farewell, the company has launched the Mercedes-AMG G65 Final Edition. Mercedes will only build a...
by - October 20, 2017
Have you ever wondered what you can you buy with $9,365 in your pocket? Well, you have quite a lot of options. In fact, you can even purchase a used...
by - October 20, 2017
The Audi A7 Sportback, whether you would like to call it a sportback or a four-door coupe, has always been a beautiful car. And this week, the 2019 model year...
by - October 20, 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