Wednesday, August 26, 2015

At This Price, Nissan Just May As Well Pay You For a New Leaf

2011 Nissan LEAF

I live at the crossroads of liberal and libertarian. Despite what some of you have said, I'm not Marxist (although I have read plenty of his work, along with Ayn Rand and Adam Smith, Milton Friedman followers, et al.) and economics for me qualifies as a hobby.

Therefore, the economy of how Colorado just made the Nissan Leaf one of the least expensive new cars in America is fascinating.

Right now, Leaf buyers in Colorado can receive the following perks: a $7,500 federal rebate, around $5,000 back from the state of Colorado, and $5,000 from Nissan if you finance your purchase through them. (Georgia, West Virginia and Connecticut are pretty high as well.)

All told, that's $17,500 back in Colorado on a car that starts at $29,860 ($850 destination included) and your price — before negotiations with the dealer — is $12,360, if your shirt is starched, teeth are white and you max out rebates.

I called up a local Nissan dealer to confirm the details and after a little bit of checking (and a lot of trying to sell me on a lease) she confirmed I could score a Nissan for severely cheap.

FYI: A Mitsubishi Mirage starts at $12,995.

The financing rebate ends at the end of August, and Colorado's $6,000 incentive (which is the highest in the nation) can't last forever.

The post At This Price, Nissan Just May As Well Pay You For a New Leaf appeared first on The Truth About Cars.



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