The 2025 Nissan Leaf has gained a significant advantage in the market thanks to offered incentives, becoming the most affordable vehicle from the manufacturer, even surpassing the economical Versa with a gasoline engine, according to CarsDirect. This trend shift is noteworthy, as the Leaf, being an electric vehicle, has achieved a price point that makes it more competitive against traditional cars.
The base model 2025 Nissan Leaf S has a starting price of $29,280, including destination charges. However, until September 3rd, it is eligible for a $7,500 cash incentive through NMAC’s special APR, which acts as a rebate available to customers financing the vehicle at promotional rates, as explained by CarsDirect. Additionally, the Leaf is eligible for a $1,000 cash bonus, bringing the potential savings to $8,500.
These incentives reduce the effective price of the Leaf S to $20,780, placing it in a very competitive position against the base 2024 Nissan Versa S, which has a manufacturer’s suggested retail price of $19,490 (with a continuously variable transmission, or CVT). It’s worth noting that Nissan has yet to release the 2025 model price for the Versa, but there is also a less expensive version with a manual transmission. Despite this, current financing offers tip the balance in favor of the Leaf.
According to CarsDirect, Nissan is currently offering a 3.19% annual financing rate for a five-year loan on the Leaf, compared to an 8.37% rate for the Versa. Over this loan period, CarsDirect estimates that the total cost for the Versa would be $23,819, with monthly payments of $399, while the Leaf would cost $22,509, with monthly payments of $375. This difference further reinforces the economic advantage of the Leaf, despite the fact that this model is no longer eligible for the federal tax credit for electric vehicles in 2025—a credit that previously offered $3,750 for the 2024 Leaf, though it was only available to households that met certain requirements. In contrast, the financing incentive has broader and more accessible application.
Despite its advantages, this offer has some limitations. The Leaf S offers an EPA-rated range of 149 miles, while a more expensive SV Plus model offers up to 212 miles. Additionally, the standard Leaf version, with a smaller battery, has not received significant updates in several years, and it remains the only electric vehicle still using the CHAdeMO fast-charging standard. However, for buyers looking to maximize their budget, the 2025 Leaf represents an attractive option, especially when compared to similar gasoline vehicles.
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