Last week we had an Earth Day celebration at my work, where 10 EV and PHEV drivers brought their cars to display and answer questions. The most common question asked of us was "How much do the cars cost?" I've decided to do a quick comparison on the cheapest EVs available today.
Before I leased my Honda Fit EV in August 2012, I went to a Nissan and Ford dealership and neither of them were able to offer me a LEAF or Focus Electric for less than the Fit EV. However, in just 8 months there are now three EVs available for less than the Fit EV (including the LEAF and Focus Electric).
The prices below are manufacturers lease options and MSRPs and do not include any state, federal, or local incentives. Prices available in your area may be different. There are many limited time specials at specific dealerships, so check with your local dealership for the most accurate numbers. For example, I have heard of the Nissan LEAF and Mitsubishi i leasing for as low as $69/month (though those offers have now expired).
|Vehicle||MSRP||Down Payment||Monthly Lease||3-Year Cost||Notes|
|2013 Nissan LEAF S||$28,800||$2,000||$199||$9,164|
|2013 Fiat 500e||$32,500||$3,500||$199||$10,644||Includes 12 days/year of gas car rentals; down payment adjusted to add CA rebate for equal comparison with other vehicles|
|2012 Mitsubishi i ES||$29,125||$3,445||$221||$11,401||Includes quick charge port|
|2013 Honda Fit EV||Not for Sale||$0||$389||$14,004||includes comprehensive/collision insurance, roadside assistance, and maintenance|
To find out the MSRP of vehicles not listed above, visit our Plug In Vehicle Tracker.
I'm interested in hearing what great deals our readers were able to get on their EVs. Leave a comment if you got a great deal on your EV or know of a special going on right now!