Best Plug-In EV Deals For March In US – 2017 Volt Hits The Ticker

MAR 11 2016 BY MARK KANE 29

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

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

Lots Of Torque = Quick Trips To 60 MPH For The Chevy Spark EV

Chevrolet Spark EV

No more 2015 model year plug-ins were listed among the best lease deals by the CarsDirect in March, but a 2017 model made the tally.

As always, the Chevrolet Spark EV opens the rank with $139/month monthly cost – far ahead of any other model, at least if you can find the Spark EV at dealership near you.

The Volkswagen e-Golf is back in spot #2, to the rank at a $224 average monthly cost, followed by the two Ford extended range cars – the C-Max Energi and Fusion Energi.

The Kia Soul EV checks in at $255/month, and for the first time ever we see 2017 Chevrolet Volt – $299, basically on par with the previous 2016 offer, but with a few more standard features added the offering.

“The 2017 Volt has barely arrived and we’re already seeing deals emerge. Curiously, offers on the 2016 and 2017 model are nearly identical. In select regions, either can be leased from $299 for 39 months with $500 due at signing (15,000 miles/year). GM and competitive lessees can get an extra $500 that turns this into a zero-down lease.

If you prefer to buy, there’s a limited-time $1,000 conquest bonus available nationally through March 14 for anyone coming from a 1999 or newer non-GM vehicle. The offer can be combined with a $1,000 rebate in select states for up to $2,000 in available savings. The extra cash, as well as the features lease, are available in California, Connecticut, Massachusetts, Maryland, Maine, New Hampshire, New Jersey, New York, Oregon, Rhode Island and Vermont.

Outside of the above regions, the 2017 Volt LT can be leased from $299 for 39 months with $3,029 at signing. Current lessees of another GM vehicle or that of a competing automaker can get a $500 bonus as well.”

Source: CarsDirect

Categories: Chevrolet, Deals, Ford, Kia, Nissan, Volkswagen

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29 Comments on "Best Plug-In EV Deals For March In US – 2017 Volt Hits The Ticker"

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no more i-miev?

It’s a shame what’s happening with the Leaf. Hopefully Nissan wakes up with BMS and affordable battery upgrades.

SparkEV is sometimes not the leader according ev-vin’s lease blog page. In fact, there are lots of great EV lease deals these days. Link to his page (love that guy for doing it!)

As for SparkEV availability, it’s now available in areas that’s sold. There’s like 300+ cars available!

By the way for insideevs, would you have an article about his lease blog page? That should convince his wife that he’s not just wasting time (see last comment in his blog). 🙂

A Spark EV lease commuting 50 miles round trip to work would save enough on energy to almost pay for the lease.

If gas prices are high, that might be true. But at $2/gal + $0.19/kWh, SparkEV is not much better (45 MPG) than SparkGas (39 MPG). However, some sales + tax credit + rebate makes SparkEV to sell for less than equivalent SparkGas (1LT/2LT), so one can come ahead with SparkEV even without any gas savings, as low as $13,500.

Gasoline prices will not remain low forever, they could go back to $3 per gallon this year in some areas.
If the gasoline car averages 25 MPG with 50 mile round trip, that is 2 gallons each day. With $1 per day for electric versus $6 per day with 20 work days per month, you save $100 per month. The lease is $139 per month.

Thanks, SparkEV!

Here’s my March ranking, with data found from mfr websites except for the Chevys. For some reason the Chevy website doesn’t show any lease incentives for the Spark EV and Volt. So I worked up an estimate on for those two.

Year Make Model $/mo
2016 Chevrolet Spark EV $108.58
2016 smart fortwo ED $174.94
2016 VW e-Golf SE $219.83
2016 Fiat 500e $229.56
2016 Ford Focus Electric $254.92
2016 Nissan LEAF S $269.83
2016 Ford C-Max Energi $272.92
2016 Mitsubishi i-MiEV $277.86
2016 Ford Fusion Energi $298.92
2017 Chevrolet Volt $340.83
2016 Hyundai Sonata Plug-in $342.06
2015 BMW i3 $419.83
2015 Mercedes B-Class ED $424.39
2015 BMW i3 REX $439.83
2016 Audi A3 e-tron $452.72
2016 Mercedes B250e $454.39
2016 BMW X5 xDrive40e $771.92
2016 Tesla Model S 70 $788.47
2016 Porsche Cayenne S PHEV $917.07
2016 Tesla Model S 90D $1,075.19
2016 Porsche Panamera PHEV $1,172.61
2016 Volvo XC90 T8 PHEV $1,189.00

Sorry about the formatting above… forgot to convert tabs to spaces. Here’s the ranking for this weekend’s dealer offers that I found online. Took the best deal for each make/model. I’ll start including these rankings on the blog in the next week or two. Year Make Model $/mo 2016 Chevrolet Spark EV $90.02 2016 Fiat 500e $131.78 2016 Ford Focus Electric $140.97 2016 Fiat 500e $165.69 2017 Chevrolet Volt $179.83 2016 Ford C-Max Energi (SEL) $181.42 2016 Nissan LEAF S $183.75 2016 Ford Fusion Energi $220.31 2016 Nissan LEAF SV $233.42 2015 BMW i3 REX $274.03 2016 Nissan LEAF SL $301.47 2015 Mercedes B-Class ED $394.39 2016 Audi A3 e-tron $396.25 2016 Cadillac ELR $424.64 2016 BMW X5 xDrive40e $679.58

Thank you for doing all this research and collecting it in one place!

Would it be possible to indicate near the top of the page if the $/month includes the $2500 CVRP and the $7500 tax credit?

There are some screaming good deals on the Spark EV right now. Anyone have any idea how long they are likely to last? Our 2013 Nissan Leaf lease ends in 3 months and I’m considering getting a Spark to replace it. Better to wait or to do it now?

Inventory is growing, from about 300 couple of weeks ago to 400 today, though many are in MD/OR. I don’t know how low they can go. I saw some as low as $59/mo in CA after rebate. If you’re low income, and qualify for $4K rebate (not sure if bureaucracy is ready yet), you might be able get it even cheaper. Some guy in forum is leasing for under $10/mo with his county rebate.

Funny that the C-Max and Fusion are so close together. When looking at the used market, the C-Max is much cheaper than the Fusion. I guess the Fusion has much better resale value.

It would be interesting to see the lease deals on a map, showing state by state deals!

Even more interesting for me, would be a Canadian version with province by province listings!

Compared with tbe states pricing, the Spark EV is horrendously pricy in Canada! At least based on what was displayed by it at the Canadian International Auto Show!

SparkEV is not “horrendous”; it’s actually cheaper in Canada than in US in terms of MSRP converted to CAD ($26KUSD in US vs $24USD in CAD). But 30kWh Leaf is only 4K more than SparkEV in Canada while it’s almost 9K more in US. Nissan must love Canuks over Yankees.

Please stop posting this nonsense!

Canadians don’t pay for things in USD! It doesn’t matter to us what the ‘converted to USD’ price is. In CANADIAN dollars (ie, the money we earn and spend!), the Spark EV Is ridiculously priced at ~$34,000, nearly $10,000 more than an i-MiEV, and thousands more than a Leaf or a Focus EV.

I understand that you love your Spark EV, and that it’s a great little car, but constantly defending its Canadian pricing based on currency valuations is disingenuous.

I wouldn’t call 33K (Leaf S) vs 34K (SparkEV) “horrendous” difference. I’m using USD as common comparison to show that difference in Canada is lot more than US. Again, Nissan must like Canucks more than Yankees since they’re selling Leaf at far higher price in US than in Canada.

As for iMiev, that difference is “horrendous” in Canada. Mitsubishi must like Canucks, too.

The Leaf is a significantly larger 5-seat vehicle that starts at $32,698 and qualifies for $600 more in Ontario provincial rebates than the Spark EV.

That means the 4-seat sub-sub-compact (city car?) Spark EV is ~$2000 more expensive than the Leaf here.

Sorry, but for a car that should be competing with the I-MiEV in price, that is ridiculous, and the sales data agrees with me.

Please also note that the car manufacturers don’t price vehicles here based on ‘liking us’. Cars are either priced to sell, or not to sell, and Chevrolet clearly made their choice.

Finally, if you’d like to ‘use a common comparison’ when discussing Canadian EV pricing, try using the CDN dollar.

I pay less than the Spark for my i3s. Their research is flawed or maybe are only going by advertised prices.

That’s impossible. We need numbers.

$50,350 MSRP
-$9,000 dealer discount*
-$1,000 BMW NA coupon
-$7,500 Federal tax incentive
-$5,000 GA tax incentive
+Sales tax, reg, interest
(63% residual, about $31,700)
Net cost about $62/month.

In other states, where they don’t charge tax on the full cap cost, the total lease cost would be a couple thousand less.

Note the GA incentive went away and the residuals are now 59%.

*15-20% discount off MSRP is not uncommon for i3 right now.

GA incentive is gone.

There’s nothing like that in California. You know, home of EV, home of lease, and home of HOV stickers.

Buy from out of state and ship it. I bought mine from Chicago and I live near Atlanta. You can ship a car from coast to coast for about $700. I negotiated my deal entirely by email and a 10 minute phone call.

If we could get $9,000 off of an i3 Rex, we’d probably just outright buy one.

$9k+ off Rex is pretty commonly reported on the Facebook i3 owners group. I still wouldn’t buy one since the lease deals are really good right now. They are going to start making the longer range versions in June.

i bought a 2017 volt last weekend. LOVE this car! 234 miles so far. 228 of those are no gas.

Cool! Nice weather for driving.

I expect to see improved autonomous features in future GM products. Due to their recent purchase of Cruise.