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What is the Most Affordable EV?

Colby's picture
Last week we had an Earth Day celebration at my work, where 10 EV drivers brought their EVs to display and answer questions. The most common question was "How much do the cars cost?" I've decided to do a quick comparison on the cheapest EVs available today.
When I leased my Honda Fit EV in August 2012, I went to a Nissan and Ford dealership and neither of them could offer me a LEAF or Focus EV for less than the Fit EV. However, in just 8 months there are now three EVs available for less than the Fit EV.
The prices below are manufacturers leases and MSRP 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 Nissan LEAFs leasing for as low as $69/month (though that offer has now expired).

297 Employees Checking Out EVs at QualcommLast 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!

Comments

Vetboy45's picture

Ford Focus EV

you can get screaming good deals on the ford focus electric right now. I recently leased one for $0 down, $265/month 36 months 10,500 miles/year and a residual of $18,500. I've heard of some doing better than that by a good margin as well. I tested all the cars and own a Tesla Model S. The ford is definitely the second best EV today, quite a ways behind the Model S, but for less than half the price.
Timo K. Pakkala's picture

Where is the Ford Electric

Was wondering why the Ford Electric was not one of your comparison vehicles, especially since it is a World Class Driving and proven vehicle, with excellent interior space, enemities, and design.
Keith R's picture

2013 smart fortwo lowest priced EV

If two seats are enough for you, the 2013 smart fortwo starts at $25,000.