We just joined the electric car revolution. Well, maybe a puttering attempt for revolution. But nevertheless, we have joined the electric car bandwagon by purchasing a new Nissan Leaf to drive for the next few years. Due to an unusual set of incentives in place, the cost of owning an electric car (in GA) is probably cheaper than your current cell phone bill.
If you had asked me six months ago if I would ever drive a new car, let alone lease a new car, I would have told you that you are crazy. I have been a staunch supporter of buying reliable, efficient, used vehicles for years. Buying new is a pretty tough sell, but leasing new is generally faux pa in almost all frugallite circles. However, for every rule of thumb, there are always a few exceptions. And this case is no different. By fully utilizing all the current tax and non-profit institutional pricing incentives, we have leased a brand new 2015 fully electric Nissan Leaf for total price of $1,186 ($49/Month) with an estimated gas savings of at least $2,125 ($88/Month) over the course of the two year lease. Special current incentives also include no down payment options. Continue reading Why Our New Electric Car Is Cheaper Than A Cell Phone (in GA)