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Deals of the week: Whopping discounts on the Nissan Leaf – The Globe and Mail

New vehicles rolled off dealer lots in huge numbers in July: sales were up 7.3 per cent year-over-year, reports DesRosiers Automotive Consultants.

“With 158,993 new light vehicles sold last month, the market experienced its best July ever, besting the previous peak (July 2005 @ 154,830 units) by over 4,000 units,” said the industry research firm in a note to clients.

Of course buyers found deals, but what is surprising to Deals of the Week is how those deals stretch right across all segments of the market. For instance, sales of the Nissan Leaf battery car are up 80 per cent on the year, reports an industry source. Now while the actual number is hardly impressive – 248 sold through the end of June versus 137 during the same period in 2012 – it is clear that a price reduction and an additional factory incentive have lured in a few more early EV (electric vehicle) adopters.

Nissan, in fact, lowered the price of the base 2013 Leaf S to $31,698 from $38,395 in 2012. Add in a $1,500 factory incentive, a taxpayer rebate of up to $8,500 (after tax, of course) – depending on your province, and perhaps a modest dealer discount and you have a Leaf with $10,000 or more in total discounts. Ontario, Quebec and B.C. currently offer subsidies. Truly, a sophisticated $22,000 EV now looks like a reasonable deal even if you’re not a true EV believer.

More http://m.theglobeandmail.com/globe-drive/new-cars/auto-news/deals-of-the-week-whopping-discounts-on-the-nissan-leaf/article13575072/?service=mobile

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