Honda throws cash in the air, drops Fit EV lease to $259 – even for those now paying $389

By Nick Jaynes May 30, 2013

Honda Fit EV — Image used with permission by copyright holder

Honda doesn’t really want to sell an EV. Well, it doesn’t really sell one; it only leases the Fit EV. But you know what we mean.

To comply with California law, however, Honda has to sell two-percent EVs by volume. That is, if Honda wants to sell cars in California at all. And it does.

So Honda designers cooked up the Fit EV, which is one of the best EVs on the market. It’s quick, good to look at, and quite versatile with room for five passengers. Honda backed its peppy EV with a great lease option, too. Now, it has just gotten a lot better.

Honda has officially dropped the lease price from $389 to $259 a month for new and existing lessees. Even better still – there’s no catch. There’s no money down, no mileage limit, and Honda covers all maintenance and offers collision coverage. Additionally, with you Fit EV lease, Honda throws in a 240-volt EV home charging station. Though, customers will have to have it installed at their own cost.

Honda boasts: “Honda Fit EV is the most efficient five-passenger electric vehicle on the market,” with a combined adjusted EPA “mile-per-gallon-equivalency rating of 118 MPGe, an EPA-rated driving range of 82 miles, and a low energy-consumption rating of just 29 kilowatt hours (kWh) per 100 miles.”

Virtually no other automaker makes EV ownership so accessible. Honda is quick to point out that the Nissan LEAF, Focus Electric, Fiat 500e, and the Chevy Spark EV each require at least a $929 due-at-signing payment and include a mileage limit.

If we were looking to get into an EV loan, we’d go snap up the Fit EV ASAP. There’s one catch, though. The Fit EV is only available in California, Oregon, New York, New Jersey, Massachusetts, Maryland, Rhode Island and Connecticut.

If you’re interested in the Fit EV, you can log onto the Fit EV online application page and see if you qualify for the lease.

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Former Digital Trends Contributor

Nick Jaynes is the Automotive Editor for Digital Trends. He developed a passion for writing about cars working his way…

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