Quote:
Originally Posted by acottawa
35k for a sub-compact car is not “affordable” for most people.
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The Leaf ended up being in the high $20s with the rebates. After factoring in everything (-rebate, but +HST, +freight, etc.) my brother-in-law paid just under $27k for a brand new 2018 Nissan Leaf in March 2018. That's only a few thousand more expensive than comparably sized ICEs (Corolla, Civic, Mazda3, etc.) and about the same as the SUVs that people buy (which most people do not need--the vast majority of peopel who buy SUVs or crossovers these days would do just fine in a compact, but that's another topic).
In terms of monthly payments, my brother-in-law's 60 month term on his Leaf is $455--when he looked at a Corolla, the payment was around $400 for 60 months. And buying electricity instead of gas for his car saved $60 a month and his insurance went down by $15 a month (electrics have cheaper insurance premiums than ICEs), so owning an electric car was actually $20 a month cheaper for him than a comparable ICE car. And that difference will only get bigger over time when you consider how EVs need much less maintenance.