On the 23rd of January 2018, Nissan launched in sale in the US its new generation electric car – Nissan Leaf. This new EV boasts a range of 151 miles, 44 miles longer than last year’s Leaf model, but it is also quicker and with more customization options.
Together with the launch of the 2018 Nissan Leaf, new lease deals have also been launched, working up the interest of the people who are already driving an electric car, or have it in their plan to buy or lease one. According to a study performed by the Bloomberg New Energy Finance, four in five drivers of electric vehicles choose to lease, rather than purchase the vehicle, thus making the new Nissan Leaf lease deals even more interesting to them. But are leaf leases a good investment, by comparison with their competitors?
The lease offers for the 2018 Leaf S model imply a monthly payment of approximately $230, but it comes with a necessary down payment of almost $3,980, thus actually amounting to a monthly cost of $331. With an estimated retail price of $30,875, the lease will cover approximately 12,000 miles a year, for a lease period of three years.
The people who decide to buy a Nissan Leaf electric car benefit from 6 years of 0 percent financing, but they do not qualify for the discounts that are available for leases. According to Nissan representatives, leases come with a discount of $9,275 in monthly payments for the Leaf S, and over $7,500 for the Leaf SV and the Leaf SL, which are the mid and top level Nissan Leaf models.
Considering that, at the moment, no other electric car can cover a range of 150 miles, the lease prices of the new 2018 Nissan Leaf are quite acceptable and have the potential to get even better as they are adopted by the majority of Nissan dealers. However, the competition will be fierce, as the field of electric cars is rapidly evolving, offering more options and facilities, at lower and lower prices.