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Honda Fit EV Lease Down To $259/Month

Editor’s note: Just last week in my Top Electric Vehicle Stories of 2013 post, I noted that the Honda Fit EV is a great-looking EV with good specs but that “competing with the Leaf is no easy task these days.” In particular, after moving Leaf manufacturing to the US, Nissan was able to cut its price by several thousand dollars. It now offers a lease of as low as $199/month (with $1,999 down). Honda seems to be responding by reducing its lease to a price near that (with $0 down). Here’s more news on the Honda Fit EV price cut from EV Obsession.

Honda has just announced a deal for those who are looking to lease their Honda Fit EV. Starting in June, Honda will cut the lease price of the Fit EV from $389 a month down to $259. This price reduction will apply to current customers, as well.

2013 Honda Fit EV

Image: 2013 Honda Fit EV via Honda Media

The three-year lease seems like a pretty sweet deal with no down payment, unlimited mileage, routine maintenance collision coverage and 240 volt EV home charging station equipment (not including installation) from Leviton.

Existing customers will benefit from the reduced lease price and unlimited mileage starting in June 2013. Honda notes that this new lease program makes the Fit EV one of the most affordable electric vehicles in the States.

According to Steve Center, vice president of Environmental Business Development at American Honda Motor Co., Inc:

The Fit EV already is a benchmark electric vehicle with a leading-range rating, fun-to-drive dynamics and excellent packaging. Now it’s the only EV on the market with no down payment, unlimited mileage, collision coverage and a free home charging station, giving customers an unprecedented value that only Honda can provide and a compelling reason to get off the barrel and onto the grid.

To help get customers into their new Fit EV quicker, Honda has streamlined the online application process to expedite approval and to insure faster delivery of the vehicle to customers.

“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 Honda Fit EV was recently named one of the Ten Best Green Cars by, thanks largely to its EPA mile-per-gallon-equivalency rating of 118 MPGe and a EPA-rated driving range of 82 miles. The Fit EV also boasts a low energy-consumption rating of 29 kilowatt-hours (kWh) per 100 miles

One of the really nice extra features that comes with the lease is that Fit EV customers can have solar power installed with no upfront cost through a partnership Honda has with SolarCity. This can allow the customers to recharge their Fit EV with clean, affordable power from the sun with no upfront cost.

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Tim holds an electronics engineering degree and is working toward a second degree in IT/web development. He enjoys renewable energy topics and has a passion for the environment. He is a part-time writer and web developer, full time husband and father.


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