Cars

Leases for plug-in electric cars may offer savings

Electric cars have limits on how far they can go before they need to be recharged. For the 2013 Leaf, that’s about 75 miles.
Electric cars have limits on how far they can go before they need to be recharged. For the 2013 Leaf, that’s about 75 miles.Rick Bowmer/Associated Press/File 2011

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Automakers have sweetened deals in recent months for plug-in electric cars in a bid to boost sales and move the vehicles off dealer lots as the end of the year nears.

General Motors knocked off $5,000, or 13 percent, from the sticker price of the Chevrolet Volt this summer. Earlier in the year, Nissan dropped the price of its electric Leaf, helping to boost its sales. It’s now offering a three-year lease at $199 a month.

You can drive around in a plug-in hybrid for next to nothing if you were already spending $200 a month on gas, says John O’Dell, at Edmunds.com. For drivers enticed by the possibility of dramatically reducing their reliance on gasoline, the discounts on plug-in electric cars — particularly when leasing — are worth considering.

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