Published on April 5th, 2014 | by Christopher DeMorro1
New Lease Program For Brammo Electric Motorcycles
April 5th, 2014 by Christopher DeMorro
Electric motorcycle maker Brammo has announced a new lease program that could put you an Empulse or Empulse R for as little as $269 a month. For motorcycle enthusiasts intrigued by electric vehicles, but unwilling to commit to what is still (in some peoples’ minds) unproven technology, this lease program minimizes the risk.
The Brammo lease program will be offered on the Empulse and Empulse R, which sticker for $16,995 and $18,995 respectively, for either 36 month or 48 month terms. If you’re satisfied with the performance of the Empulse, you’ll have to fork over a 13% down payment ($2,209), plus either $299 or $269 a month, depending on the term. The faster and farther-travelling Empulse R costs $2,469 up front, and either $325 a month or $299 a month, depending on the term.
For the Empulse, that works out to $12,973 over the lease term, and the Empulse R will cost you $14,169. So you’re really not saving that much money over just outright buying a Brammo, though that doesn’t include any local incentives for leasing an EV. Still, some people would rather not take a chance that their battery-powered vehicle won’t pan out, even though the Brammo batteries come with a 5-year warranty.
Any EV fence-sitters thinking about a Brammo all of the sudden?
Check out our new 93-page EV report, based on over 2,000 surveys collected from EV drivers in 49 of 50 US states, 26 European countries, and 9 Canadian provinces.