2012 Nissan Leaf Lease Now $219 A Month, Incentives Increase

Editor’s Note: EarthTechling is proud to repost this article courtesy of Green Car Reports. Author credit goes to Nikki Gordon-Bloomfield.

With ongoing consumer concerns about battery longevity in hot climates, not to mention an all-new 2013 Leaf electric car just around the corner, NIssan has dropped the price of leasing a 2012 model.

According to The Washington Post, Nissan started September with enough 2012 Leafs in its inventory to keep dealers supplied with cars for 114 days.


image via Nissan

That’s nearly 4 months of supply, almost twice the ideal auto industry target of 60 days’ supply.

As a consequence, Nissan has dropped the headline price of a 36-month lease on the 2012 Leaf from $249 per month with $2,999 down to $219 per month with $2,999 down.

That makes the Leaf $30 cheaper to lease per month than its closest plug-in rival, the 2012 Chevrolet Volt.

A reduction in lease pricing isn’t the only incentive being used to get more people buying 2012 Leafs, however.

In addition, the newspaper reports, the average discount available on a 2012 Nissan Leaf has risen from $850 in January this year to $3,250, before any state and federal purchase incentives have been applied.

For those worried about the long term life of the Leaf’s 24 kilowatt-hour battery pack, especially with regard to premature range loss in hotter states, leasing a Leaf could provide a less risky way to go electric than an outright purchase.

Despite lower leases, however, the majority of Leaf sales in the U.S. — around 70 percent — are outright purchases.

Are you tempted by the new, lower lease deals to buy a Nissan Leaf, or are you worried about battery life?

Or perhaps you’re planning on waiting for the 2013 Leaf.

Whatever your thoughts, let us know then in the comments below.

  • Doug in Ohio

    I’m definitely buying a Leaf, but will also definitely wait until the 2013’s come out.