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Nissan to Offer Battery Lease Option on LEAF in Europe; Complete Pricing Details Announced

4 years ago by Eric Loveday 9

2013 Nissan LEAF

2013 Nissan LEAF

The refreshed Nissan LEAF will go on sale in the UK in June and, for the first time ever, buyers can opt to lease the LEAF’s battery pack or to outright purchase the vehicle, battery included.

The lease structure is similar to what’s offered on the Renault Zoe, but pricing is slightly higher for the LEAF.

Here’s Nissan’s graphic on how this lease or buy deal works for the LEAF in the UK:

Here's the LEAF Pricing Breakdown in the UK

Seems simple to understand, right?  Choose a trim (Visia, Acenta or Tekna), pick whether you’d like to outright buy the vehicle and battery or buy the LEAF and lease the battery, then select a contract term and your annual mileage.

The cheapest out-of-pocket way to go is to buy the LEAF in Visia trim for £15,990 ($24,583 US) after the UK’s £5,000 plug-in grant.  Then you’d have to lease the battery pack for between £70 ($108 US) and £129 ($198 US) per month.

The highest out-of-pocket LEAF will be to outright purchase the vehicle and battery on the top-of-the-range Tekna version.  This will set buyers back £25,490 ($39,188 US) after incentives.  Of course, there would be no monthly battery lease fee attached to this purchase example.

Full details on the updated 2013 LEAF can be found in our comprehensive post on the freshened Euro-Spec LEAF.

All Euro-spec LEAFs will be built at Nissan’s Sunderland factory in the UK.  Production began on the LEAF there in late March.

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9 responses to "Nissan to Offer Battery Lease Option on LEAF in Europe; Complete Pricing Details Announced"

  1. Brian says:

    by “36+ months”, I assume you can continue to pay this fee for as many months/years thereafter if you keep your battery? What are the implications about switching batteries? Does Nissan include that in the terms of the Lease? For example, if I had a leased battery that was at 90% of original capacity, could I exchange it for a new one? Do I have to wait until it’s down to 70%?

  2. Eric Loveday says:

    @ Brian…Here’s how Nissan explains its battery warranty/replacement
    *** The repair or replacement option will be offered for any battery which falls below nine bars of the 12 bars displayed on the vehicle’s battery capacity gauge during the first five years or 60,000 miles of ownership (whichever comes first).

    1. Eric Loveday says:

      We’ll add that typically in battery lease situations the warranty is extended for as long as you continue to lease the battery pack…So Nissan would honor that battery capacity warranty for as long as you lease the pack

      1. Brian says:

        What happens when you stop leasing the battery, but you’ve purchased the car? For example, I buy the car, but lease the battery for 24 months. At that time, can I sign a new lease, and get a brand-new battery?

        1. Dave R says:

          Great question. For heavy users it’s quite possible that the pack will be down 20% capacity after 3 years. Renewing the lease with a fresh pack would be very useful for those types of customers as they very likely need all the range they can get.

          There are quite a few US customers who after just 2 years could use a fresh pack – these are typically high mileage customers and/or customers who live in hot climates (think Arizona).

          1. kdawg says:

            Or what happens if you lease a battery for 3 years, then decide you want to buy one? What would that cost?

  3. Brian says:

    Another question (sorry, this is of interest to me!): Does this imply that the battery cost is about 5000 pounds ($7700)? This implies to me that a brand new battery may well fall ~$8k-$9k installed. This is a number the group of Leaf owners as a whole are very eager to know…

  4. kdawg says:

    It’s £5000 less to lease. So at ~ £100/month, it takes 50 months, or 4 years and 2 months and you could have bought the battery.

    Hmm.. not sure what I’d do. At 4 years, it would be nice not having a payment, but I might want a new battery at that time. It all depends on how the batteries hold up.

    It’s interesting that they get the same size “plug-in grant” even if they don’t buy the battery. Not sure how that would work in the US since the tax credit is based on the battery size you purchase.

    The next thing to happen is for Renault to let people buy the Zoe w/a battery if desired.

  5. Herm says:

    You wont have much heat induced battery degradation in Europe, perhaps in certain parts of Spain but I doubt it.

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