Fiat has finally released the price of the 500e. The price starts at a reasonable $32,500. However, with the Leaf selling for $28,800 before taxes, I’m not sure if $32,500 is low enough.
Of course, for those who don’t want to fully commit to owning a Fiat 500e yet, but really want one, there’s also a good leasing option. The 100% electric vehicle can be leased for $199 per month ($999 down) for 36 months in California. Gas2 notes: “That is substantially lower than the Honda Fit EV which is leased for $389 per month, also for 36 months, making the Fiat 500e one of the most affordable electric vehicles on the market.”
Heck, my bet is that a lot of people in California spend over or close to $199/month on gas alone. So the lease may be quite an attractive option.
While some have called the Fiat 500e (and several other EVs) “compliance cars,” cars not really intended for large sales, but simply to meet fuel economy standards, the Fiat 500e has certainly been advertised well, and the leasing option and free car rentals (which we covered 10 days ago) do look like their aimed at getting people into the innovative little vehicle. And $22,500 after the federal tax credit and California EV rebate do make this car financially competitive with many gasmobiles (even ignoring the massive health and time costs). Furthermore, “Fiat says additional company incentives could bring the price down to just $20,000,” according to Gas2.
The Fiat 500e can go up to about 87 miles per charge, about 14 miles more than the Nissan Leaf. And it gets about 115 MPGe, according to the EPA. The car seats four people.
All images via Fiat