The 2025 Nissan Leaf is now the cheapest model offered by the automaker, thanks to incentives that undercut the price of the gasoline Versa economy car. The base 2025 Nissan Leaf S starts at $29,280 but is eligible for $8,500 in savings through NMAC Special APR cash and bonus cash. This brings the effective price of the Leaf S down to $20,780, making it slightly more expensive than the base 2024 Nissan Versa S with CVT. However, current financing offers make the Leaf a more affordable option.
### Incentives and Savings
Nissan is offering 3.19% APR financing on a five-year Leaf loan, making it cheaper to finance than the Versa which has an 8.37% APR rate. CarsDirect estimates that the Versa would cost $23,819 over the same period compared to $22,509 for the Leaf. The $7,500 incentive that comes with this financing offer offsets the loss of federal EV tax credit eligibility for the 2025 Leaf model year.
### Drawbacks of the Deal
The base Leaf S only has a 149-mile EPA range and still uses the CHAdeMO fast-charging standard. The non-Plus version of the Leaf hasn’t seen substantial updates in recent years. However, for budget-conscious shoppers, this deal offers an opportunity to own an electric vehicle for a lower price than a comparable gasoline car.
### Conclusion
Overall, the 2025 Nissan Leaf is now the cheapest model offered by the automaker, thanks to incentives and financing offers that bring down the effective price to $20,780. Despite some drawbacks such as limited range and outdated technology, the affordability of the Leaf makes it an attractive option for those looking to own an electric vehicle. By taking advantage of these incentives, consumers can save money and contribute to a more sustainable future.