That = $639 per month, which is nearly $400 MORE per month than I paid to lease, and fuel, my 2014 Nissan LEAF.
Now, some might say: The LEAF is not a practical car, especially not in a one-car household, due to its 84 miles of EPA rated range. I would agree with you, although I did get by with it as my only car for more than two years after divorce took away my access to a second household car.
But I am now leasing a 2017 Chevy Bolt, which has 238 miles of EPA rated range and is an eminently practical car as an only car!
I started leasing my Bolt in September of 2017. I put down $2,500, which also included my first month’s lease payment, and I am about to get a $2,500 EV tax refund check from the state of Colorado. The refund cancels out my down payment and I am left with a monthly payment of — drum roll, please — a super “EXPENSIVE” $338 per month, or more than $100 LESS than the average American new car monthly payment.
PLUS, I am paying $0 for fuel, admittedly thanks in part to a backwards HOA garage situation which has all 40 garages at my HOA sitting on a single electric box and single utility meter. Be that as it may, my total monthly electric car lease costs + fuel costs now equal $338 per month. That’s $300 LESS PER MONTH than the average American new car payment + average monthly gasoline costs.
So, the next time you put forward an excuse for not driving an electric car, please do not use the faulty claim that “it’s too expensive”. No, it’s NOT too expensive. In fact, leasing/owning an electric car can often be cheaper — a lot cheaper — than driving a gasoline car!