Archive | May, 2013

Honda heats up EV battle with reduced lease price

Honda gives the Fit EV a new lease price of $259 per month.

(Credit: Wayne Cunningham/CNET)

Tesla may have muddied the waters when it used tortured logic and financing agreements to come up with a $500-per-month price for the Model S, but Honda sets out to clear things up with its own simple lease plan for the Fit EV. The company announced today that it would offer its Fit EV for $259 per month on a three-year lease with no down payment, unlimited miles, and included insurance coverage.

When Honda introduced the Fit EV last year, it offered similar lease terms at a price of $389 per month. Along with the new, reduced price, Honda is throwing in a Leviton home charging station for the car.

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