Best Plug-In Electric Car Deals In US For February 2016

FEB 12 2016 BY MARK KANE 9

U.S. Best Lease Deals – February 2016 (CarsDirect data)

U.S. Best Lease Deals – February 2016 (CarsDirect data)

2016 Hyundai Sonata Plug-in Hybrid

2016 Hyundai Sonata Plug-in Hybrid

Not much has changed when it comes to the best plug-in electric car deals as listed by CarsDirect for February.

The notable exception is that the Hyundai Sonata Plug-in Hybrid has jumped into the place most recently held by the Volkswagen e-Golf.

Meanwhile, the Chevrolet Spark EV, Fiat 500e and Ford C-Max Energi again split between them first three places considering average monthly cost.

We should note that the 2016 Fiat 500e in fact is now up $10 a month and $360 over 36 months.

Source: CarsDirect

Categories: Deals

Tags: , , , , , , ,

Leave a Reply

9 Comments on "Best Plug-In Electric Car Deals In US For February 2016"

newest oldest most voted

Why would you want a 39 mo lease on a car that has a 36 mo warranty?

I know GM wants a longer lease but they should increase warranty to match lease term.

And so, I bought mine with the choice of trading date.

Why would GM want a longer lease? The bank (lessor) owns the car on a lease, not the manufacturer. To GM, a sale is a sale.

There’s always the option to have a shorter lease. A 36-month lease would probably be within $10/mo of the 39-month. Sometimes it’s cheaper.

SparkEV lease deal is the same factory lease that expired many months ago ($75/mo effective). It seems they don’t update their data, at least with regard to SparkEV.

Since then, there have been even better deals, some as low as $62/mo effective in Jan 2016 (thanks for sharing!).

But it seems even they dried up. SparkEV is now more expensive than some higher priced cars, though if you count, 2 hour “lease” is still free.

Yeah, that CarsDirect data is stale for the Volt and LEAF too. Based on the data I’ve collected, here’s how the current EV lease offers rank from lowest effective monthly cost to greatest. Most of the data used is currently posted here:

All data is sourced from manufacturer websites except for the Volt and Spark EV; for those two I averaged this week’s dealer offers.

Eff $/mo Make and Model
$140.84 Chevrolet Spark EV
$174.94 smart fortwo ED
$229.56 Fiat 500e
$239.28 VW e-Golf SE
$246.79 Chevrolet Volt
$254.92 Ford Focus Electric
$269.83 Nissan LEAF S
$277.86 Mitsubishi i-MiEV
$278.17 Kia Soul EV-e
$286.92 Ford C-Max Energi
$337.89 Nissan LEAF SV
$339.92 Ford Fusion Energi
$342.06 Hyundai Sonata Plug-in Hybrid
$379.83 BMW i3
$424.39 Mercedes B-Class ED
$429.83 BMW i3 REX
$454.39 Mercedes B250e
$499.00 Cadillac ELR
$600.58 Audi A3 Sportback e-tron
$741.92 BMW X5 xDrive40e
$788.47 Tesla Model S 70
$917.07 Porsche Cayenne S E-Hybrid
$1,075.19 Tesla Model S 90D
$1,107.00 Volvo XC90 T8 Twin Engine
$1,172.61 Porsche Panamera S E-Hybrid

I don’t see what this has to do with EV lease deals. But industry is coming back to US. Just take a look at Tesla. They have minions of robots and few engineer “overlords” making some great cars.

Manufacturing is no longer labor intensive as it used to be, and getting less so. The delusion of thousands of people slaving over assembly line is long gone. It will be few people (highly skilled engineers) and thousands of robots. Having been involved in this field a bit in past, I can tell you that these robots work cheaper than any worker in foreign country.

As such, if you think having “industrial base” is going to be like the good-old-days of thousands of high paid unskilled jobs, you’re very much mistaken.

The idea that thousands of people slaving on assembly lines will return, is a delusion.
Would be a better way to write it, I think.

Anyway I get your gist, since American industry has been a long story of a decreasing use of manual labor being replaced by machines.

That comparison table is nearly useless. Some leases are 10K miles per year while others are as high as 15K.

Also, the Volt comprehensive warranty is only good to 36K miles, so even a 36 month/15K lease gets you out of warranty before the end.

It would be interesting to see a real “U.S. Best Lease Deals” table in addition to this “CARB States Best Lease” deals table.