$30,000 Reduction Coming Soon

$30,000 Reduction Coming Soon

But only in New Zealand.

As the New Zealand Herald reports:

"Nissan is also poised to slash its price for new Leafs by a whopping $30,000 - to just under $40,000 - once it prepares more dealers and technicians for a surge of extra custom."

If $30,000 is to be slashed from the LEAF's price, then it must be expensive there today, right?  Yes...how's $70,000 sound.

Apparently, Nissan has logged only 23 LEAF sales (wonder why so low...high price perhaps?) in New Zealand since it launched there in 2012, but now there's an import market for used LEAFs coming from Japan.  Those imported LEAFs are selling for $25,000 to $32,000 with 10,000 or less miles on the odometers.

All told, imported LEAF sales in New Zealand greatly outnumber new LEAF sales, so Nissan needs to react if it wants to take advantage of a market that shows clear interest in the LEAF.

According to the New Zealand Herald, Nissan's price cut can't come soon enough.  We expect the new, reduced LEAF price to go into effect before May of 2015.  More likely, that $30,000 price reduction will be in place before the end of the year.

Note Current LEAF Price In new Zealand

Note Current LEAF Price In new Zealand

Source: New Zealand Herald