PHOTO CAPTION: Chevrolet Volt sticker promised to be 'thousands' less than early models.

Volt, LEAF Prices Coming Down

Nissan announces 18 pct price drop on electric LEAF, while GM is promising 'thousands' off on the Chevrolet Volt.

Published: 03-Mar-2013

For those of you who always wanted an electric vehicle but the near $36,000 price tag was a deal-breaker: your time has come. Nissan took the first step, announcing last month an 18 percent price cut, bringing the Manufacturers Suggested Retail Price (MSRP) from $35,200 to just $28,800. That’s still a lot of money, but brings the entirely electric vehicle into a more reasonable price range for many people.

Depending on your state’s tax credits, combined with the feds, you may be able to purchase a Leaf for around $18,800. This is for the lowest model, the “S”. The higher-end models, the SV and SL, also saw price drops – although less significant. The SV dropped 10 percent to $31,820 and the SL dropped 6 percent to $34,840.

The most impressive and optimistic factor here? The prices are being dropped not because of new Federal tax incentives, not because of outsourcing but because the economics allow the prices to drop. IE: the market has sustained these vehicles to a point that manufacturing costs have dropped. Bummer for people who rushed out and bought the $35,200 “first edition”. Hats off to those folks who paved the way for the rest of us.


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