I therefore need a new automobile and would prefer an electric model, but I have limited funds. I was considering the Nissan Leaf and was taken aback by the price. Why are Nissan Leafs so reasonably priced?
In less than two minutes, find out if your auto insurance is being overcharged.
You’re right that making the switch to an electric vehicle is exciting.
Compared to other electric vehicles, the Nissan Leaf is significantly less expensive. Why, you inquire? Even though they are generally good automobiles, the Nissan Leaf doesn’t have the best reputation. Low battery range, depreciation, government subsidies, old technology, and a plain design are a few of the elements that contribute to the Leaf’s low pricing.
- Low battery range: The battery range on a new Leaf is just 80 to 100 miles per charge, and on a used Leaf, this decreases to about 50 miles per charge. Although the Leafas battery is less expensive to produce, its compact size means that it has significantly less power than other electric cars.
- Depreciation: The Leaf depreciates less frequently than the majority of other electric vehicles, which means it does so more slowly than more expensive vehicles. For instance, a Tesla typically depreciates by 20% over the first year of ownership.
- Government subsidies: Depending on the state you live in, there are a number of government subsidies and incentives available when buying a Leaf. These benefits lower the cost of purchasing the Leaf and enable quicker loan repayment.
- The Leaf may be inexpensive to purchase, but its technology hasn’t advanced much since it initially rolled off the assembly line in 2010, especially in comparison to the technological arms race being fought by other electric car manufacturers.
- Design: The Leaf isn’t a bad-looking car, but it isn’t sweeping up design accolades either. This may have contributed to the model’s poor sales and the subsequent price reductions.
Depending on your financial situation, a Nissan Leaf can be the ideal vehicle for you. Whatever you decide, make sure to use Jerry to find a strong auto insurance policy to cover your car.
This excellent vehicle insurance app can enable you sign up for your new policy and cancel your old one after just 45 seconds of registration!
In This Article...
Batteries degrading
More importantly, old Nissan Leafs are particularly inexpensive since they have a bad reputation for having small, unstable batteries, which reduces their electric range. A Nissan Leaf from 2012 had a meager range of roughly 80 miles, even when it was brand-new. This figure indicates that, except from commuting, running kids to and from school, and grocery shopping, the Leaf is not very capable when compared to an equivalent gasoline car. Buyer complaints that the batteries lost capacity with time, particularly the early model years, and very fast made this problem much more serious.
You should be aware that every electric vehicle (EV) now on the road is powered by a lithium-ion battery, and that every one of them has a “battery temperature management system” to regulate the battery’s temperature. With the exception of Nissan, this is how the manufacturers always operate.
Extreme hot and cold temperatures are known to have a negative impact on a car battery’s performance and lifespan. At about 70 °F, a lithium-ion battery operates at its finest (21-degree Celsius).
While some automakers employ air-cooled batteries, some, like Tesla, use liquid-cooled batteries. In cases when it is necessary, a heater is also utilized to get the battery temperature up to where it is best for operation.
Even though all batteries eventually degrade, the Nissan Leaf has no active battery cooling system, which is an issue. Nissan continues to firmly believe that heat produced while operating and charging the vehicle will naturally evaporate into the surrounding air. Therefore, the Leaf’s battery has no means of defense against extremely high or low temperatures, as well as sudden changes in weather.
As a result, compared to all of its rivals, the Nissan Leaf’s battery loses capacity far more quickly over time. Additionally, you would eventually run out of range due to the quick battery degeneration. After 6-7 years with the original battery, this will render the Leaf useless. The battery would need to be changed, but it is not inexpensive.
A Nissan Leaf’s battery replacement cost roughly $5,500 a few years ago, which was reasonable. The price to replace the batteries in a Nissan Leaf is currently $8,500, including labor, due to a price increase by Nissan. This much money should not be spent on a used car. In other words, you have to gamble with the battery’s performance, and the Nissan Leaf isn’t really a low maintenance car when you factor in the price of a new battery.
How much is a brand-new Nissan Leaf?
The least expensive variant, the Leaf S, with a 40kWh battery has a starting price of $27,400 based on the current Nissan USA offer. The Leaf SV starts at $28,800 while the Leaf S costs $31,670 with the basic battery.
The Leaf S PLUS, Leaf SV PLUS, and Leaf SL PLUS are the more expensive PLUS variants with the 62kWh; they cost $32,400, $34,960, and $37,400, respectively. The Leaf SL PLUS with ProPILOT help, an intelligent Around View monitor, leather-appointed seats, LED headlights, and a Bose audio system has the highest starting price of $43,970.
Nissan makes a lot of noise about the federal tax credit and government incentives that have a big impact on the starting price. For as cheap as $19,900, or $24,900 with the PLUS battery pack, you may purchase the Leaf S.
Budget Nissan Leaf Motive 1: Subsidy
Sales of the Nissan Leaf were significantly boosted by a variety of financial incentives that made them more accessible to customers. EVs are still significantly more expensive than gas-powered vehicles. Why purchase a Nissan Leaf in 2011 for $34,000 when the Honda Accord is available for over $10,000 less? After 80 miles, the Accord wouldn’t shut off on you either. In actuality, hardly any Nissan Leaf owners paid the full retail price.
In addition to low-cost leases and rebate deals, automobile owners who paid cash could also benefit from a $7,500 federal tax credit. This brought the cost of the leaf down to around $30,000, even for those who were only eligible for a portion of the $7,500 cap. Since the cars were purchased at a low cost, the depreciation isn’t as severe as it looks to be on the price tag.
Since its introduction in the 2011 model year, the Nissan Leaf has sold 500,000 vehicles worldwide, with 148,000 of those going to customers in the US. When there were so many incentives, is it surprising that it was the model with the highest sales in 2011 and 2014? Nissan wasn’t the only company to rejoice over these fictitious increases in sales. Tesla, of course, had pleasure in the sale of hundreds of thousands of its own vehicles, especially the Model 3, which was the most popular model. As a result, the market has a flooding effect, which once more pushes down the price of used Nissan Leaf vehicles.
Is it expensive to maintain a Nissan LEAF?
The annual auto maintenance costs for the Nissan Leaf come to $748. The table that follows provides a detailed ranking of each car in this overall scheme for comparison’s sake. The Nissan Leaf is significantly less expensive to maintain when compared to the average vehicle ($651 annually vs. $748 for the Nissan Leaf).
What drawbacks does a Nissan Leaf have?
1. It’s Weakness Is Also Its Strength
The fact that this car can only use electricity is astonishing. Some individuals could, however, consider this to be a drawback. Making the switch to an all-electric vehicle may be too much for some consumers, who can be slow to adopt new practices. There will still be some who just consider the Leaf’s range despite its flexibility in charging alternatives. The knowledge that lengthier journeys will always require planning with charging in mind may discourage them.
2. Costlier Than Some Might Believe
People may perceive the Leaf to be cutting-edge, trendy, and useful. They might not immediately consider the fact that it deserves to start at more than $30,000. Unfortunately, the fact that there are several hybrids on the market with prices that are far lower than that may cause some potential customers to choose the Leaf’s rivals instead of it.
3. The back seats are not flat.
A few more inches of room might be really helpful in some situations. Unfortunately, the Leaf’s design prevents the rear seats from being flush with the cargo area in the back. Larger things may be more difficult to fit as a result.
Is insurance for a Nissan LEAF expensive?
Make sure your auto insurance is priced as affordably as possible. Compare the best quotations
When purchasing insurance for your Nissan LEAF, it is a good idea to compare rates because different providers charge varying amounts to cover the same car. In fact, depending on your driving history and vehicle model year, different insurance providers may present different insurance offers.
A Nissan LEAF’s annual insurance rates average $1,383, compared to $1,428 for the typical car model.
The cost of Nissan LEAF insurance might vary by as much as $851 annually depending on the company.
The price of insurance for a Nissan LEAF might vary by up to $176 annually depending on the age of your vehicle, with lower rates for older models.
Nissan Leaf automobiles are they dependable?
With a reliability rating of 4.0 out of 5, the Nissan LEAF is ranked third among all alternative fuel vehicles. It has typical ownership costs with an average annual repair cost of $748.
What Nissan Leaf model is the top of the line?
The Nissan Leaf has established itself as one of the top new electric vehicles available. It has shown to be a fantastic used EV as well. What Nissan Leaf trim should you choose?
At $32,400, the Nissan Leaf S Plus is affordable. After tax breaks from the federal and municipal governments, this cost might be reduced to $25,400. Amazing value for a brand-new electric vehicle. Compared to the original model’s 147 horsepower, the Leaf S Plus has 214 horsepower.
On a single charge, the Nissan Leaf S Plus model’s range is 226 miles. Only 149 miles may be covered by the base model on a single charge. The finest Nissan Leaf trim is the S Plus because it offers more range and power than any other trim. It still cannot compete with more well-known new EVs like the Ford Mustang Mach-E, while being far more affordable to buy.
Will a Nissan Leaf start with a jump?
In the owner’s guide for the Nissan Leaf (opens in new tab), there is a caution that reads, “Because LEAF lacks the power to start a gasoline engine, it cannot be used as a booster vehicle. The 12-volt battery of the LEAF can, however, be jump-started using a car with a gasoline engine.”
How much does it cost to replace the battery in a Nissan Leaf?
Additionally, we created a comprehensive LEAF battery replacement tutorial. Although it has some of the same information, going a little deeper might be beneficial.
- The Nissan Leaf 40 kWh battery costs $5,500, or roughly $137/kWh, which is right in line with the average pricing for 2020, according to a 2020 Greencars assessment. A
- A dealership in Canada reportedly gave a 2013 Nissan Leaf owner a quotation for a replacement battery of $15,000 CAD.
- A
- Buyers of cash cars recorded in September 2020
- Price for a 30 kWh pack is at most $150/kWh and ranges from $3,500 to $4,500.
- A
- Price for a 40 kWh pack was at most $187.5/kWh and varied between $6,500 and $7,500.
- It is anticipated that a 62 kWh battery pack will cost between $8,500 and $9,500, or at most $153/kWh.