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Honda cuts US lease price for Fit EV to $259/mo

In the US, Honda has cut the lease price for the Fit EV in the US to $259 a month beginning 1 June, down from $389 a month. The new three-year lease includes no down payment, unlimited mileage, routine maintenance, collision coverage and 240 volt EV home charging station equipment (not including installation) from Leviton.

The new reduced lease price and unlimited mileage term also will be applied to existing Fit EV customer leases going forward starting in June 2013.

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Fit EV competitive lease comparison. Click to enlarge.

In addition to the new lease price, the Fit EV online application process is further streamlined to allow for quicker approval and delivery of the vehicle to the customer. Further, the network of qualified Fit EV Honda dealers in California, Oregon, New York, New Jersey, Massachusetts, Maryland, Rhode Island and Connecticut will expand from 36 to more than 200 by the end of June.

The 2013 Honda Fit EV has a combined adjusted Environmental Protection Agency (EPA) mile-per-gallon-equivalency rating of 118 MPGe, an EPA-rated driving range of 82 miles, and a low energy-consumption rating of 29 kilowatt hours (kWh) per 100 miles.

Fit EV customers also can take advantage of Honda’s partnership with SolarCity to install solar power with no upfront cost.

Comments

HarveyD

This is a very competitive lease arrangement.

Many potential users will be interested to lease a small EV (as a second city car)or for kids to go to college etc).

A few (10+) million of these will contribute to future lower cost higher performance EV batteries development and mass production for future lower cost mid-size extended range BEVs.

E-Biker

I would have to see how this arrangement would be reviewed after some time by various lessees. For some, who would need to operate the vehicle to reach a location near the end of its range, a second charger might be welcome. I also wonder how aging of the battery might leave the driver wondering after a few years if his car still has the range to make the trip to Grandma's. Real world experience will tell the story, I suppose

Kit P

Oh no, we are losing $130 a month. We were saving $389 a month by not driving this wind up toy, now we are only saving $259 a month.

william g irwin

@ kit p, If you can't give meaningful input rather than useless slurs, please take your comments elsewhere! I waste too much time reading these posts trying to bypass the reactionary posts to yours and other's drivel and getting back to useful discussions. I wish the poster ID where at the top rather than the bottom of the posts. It would save me time.

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