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California Only - 36 Month LEASE Fiat 500e (Electric Car) for $0 down - $199 a month + $2500 California Rebate

BigTonyTones 2,034 314 June 6, 2014 at 09:28 AM in Cars (3)
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Last Edited by widgit June 13, 2014 at 06:12 PM
I dont know if this belongs in the hot deal section or not but I just want to point out the purchase I just made. Jump down to the numbers at the very bottom if you want to skip my blabbing.

I have been looking for a car to drive around since my current lease is expiring. The truck I want comes out in a few years and did not want to purchase a car until then.

The fiat 500e has a lease deal going on for $1000 down $199 a month for 36 months plus TTL . California will give you a check back for $2500 if you lease this car for at least 36 months. The car is an all electric car with a range of about 80 miles just like the nissan leaf. I told myself I would go take a look at it and ended up leasing the car.

I get there and test drive the thing. Quicker than I thought it would be! Not a great fan of the exterior but no full electric car looks good (except tesla). I figured ill go ahead and just get it because its almost a FREE CAR for me. Normally I negotiate insanely and hold out weeks before purchasing cars. Last night, I just did not feel like it nor did I care to due to the low price of this car. Good deal or not, Im not 100% sure. Here is what happened:

Instead of title and registration, the dealer waived those and included that into the first $1000 payment. First month car payment was also included. I upgraded the car to 12,000 miles instead of 10,000. I also purchased the $20 extra a month protection package which will cover all damages when returned back up to $7500 (probably not necessary but I just went with it). It turned out to be $245 out the door every month.


Price Breakdown
$1000 due at signing (includes: title, registration, and first months payment)
$245 x 35 Months (includes: tax, optional 12,000 miles, optional lease trade in coverage)
-----------------------------------------
Total $9575 after TTL


Final price $9575
Subtract $2500 California rebate
----------------------------------------------------------------
Total $7,075 for 36 months.


The car comes with the sticker to drive in carpool lanes. It also comes with 36 free enterprise car rental days!

That is $196 (less if you dont want that coverage package and less miles) a month for an all electric vehicle. I also have solar panels and produce extra power every month. The gas I will be saving per month is why I consider this an almost free car for myself. You could probably have this car for $150 every month if you do not get the extra mileage and coverage that I did.

BTW this comes with a pretty cool mobile phone app that give you instant access to your car information. You can also lock, unlock, turn on ac remotely, location of car, and more.

ONE MORE THING Dont forget there are no maintenance costs on this vehicle. No oil changes!
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Community Wiki

Last Edited by quik2 September 2, 2014 at 01:37 PM
Fiat 500e Buying and Leasing Community - Google+
https://plus.google.com/communiti...575c02b851

You can use this PG&E PEV calculator to estimate the cost of charging your Electric Vehicle. http://www.pge.com/cgi-bin/pevcalculator/PEV

I am an electric car owner (Chevy Volt) and here are the facts:

Many salesman quote costs based on a 10cents / Kw of electricity. While this is true in SOME areas of the country, it is NOT true where electric cars are typically sold, namely California. My co-worker has a huge sticker shock on her electricity bill, after her first month of owning an electric car, $300/month increase in electricity bill!

In Southern California , our electricity rates are tiered (SDGE as in example below)
Tier 4 = 40 cents / kwh roughly the same cost as $4 a gallon of gas. (as the gas price increase, likely electricity rates will increase also)
Tier 3 = 38 cents / kwh
Tier 2 = 19 cents / kwh
Tier 1 = 16 cents / kwh

The more electricity you use, the more you will pay on those last few watts. It is completely DISHONEST for these car companies to quote 10 cents / kwh costs in markets where 40 cents is the reality. Trust me, there is no way you would be in Tier 1 or Tier 2 if you own an electric car. So do yourself a favor and calculate your costs based on realistic marginal costs of electricity (the additional cost beyond your current consumption). Otherwise, you are just doing "Tesla Math".

Switch to a TOU plan to combat the high cost of Tiered charging.
1-year of free Sirius radio included
Credits towards a gas car for longer trips included
FIAT 500e Pass: The Program allows 500e owners and lessees to receive up to 12 days of a standard-size vehicle rental (based on negotiated discount Program prices) during each year for the first three years of ownership/lease from Enterprise Holdings, Inc., whose affiliates operate the Enterprise Rent-A-Car, Alamo Rent A Car and National Car Rental brands in the U.S. All 500e owners and lessees registered in this program can use up to 504 credits annually based on the date of purchase. Credit estimates are based on standard-size vehicle rentals at nonairport locations. The fi rst annual period may be less than a full year and runs from the date of enrollment to the fi rst anniversary of the purchase/lease. One credit is equal to one U.S. dollar. Credits are nontransferable, and remaining credits at the end of each year will not be rolled over. Participation in the program is voluntary.
http://www.fiatusa.com/assets/pdf...-Rules.pdf

[credit bankman]
Here is a CA EPA website about how you can receive up to $10K in incentives buying electric vehicles in CA: http://www.energycenter.org/pev

[credit webjock]
Here is another tip. Do some research on it because it works for a few people. Some dealerships will do it, some won't. A lot of dealers won't want to do it but you have to push hard for it.

Chrysler had this promo incentive called "Competitive Conquest" Actually, a lot of companies like GM and Ford also do this.

If you are leasing or own another vehicle, Chrysler will give you a $1,000 incentive as a "conquest" customer. This is how I did mine last year. I don't know if the secret incentive is still going on. Go to edmunds.com and look up current incentives and print it out. Thats what I did at the last minute of the negotiations. You simply give them your registration or proof of ownership of a non Chrysler vehicle. Most dealers will say it doesn't apply to the Abarth or 500E but I didn't see it anywhere in the documentation.

Apply the conquest toward your down. I used mine toward the sun-roof option.

Thats my tip for the day, don't inbox me for details. Google, research and look up message boards, you will find it. Go to edmunds.

There is a $395 fee when you return the car to the dealership after the 36 months. I'm not sure why no one mentions this...
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#3
It seems great! Do you know how many kwh for it too use for a month? I am driving a camry se, fuel about $50 a week, so, the total monthly gas is about $200. Will the electricity it uses costs much less than the gas? Thanks!
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#4
NIce find! Do you need to install a special electric outlet to charge the car? And how long for a full charge? TIA.
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#5
Quote from swine View Post :
It seems great! Do you know how many kwh for it too use for a month? I am driving a camry se, fuel about $50 a week, so, the total monthly gas is about $200. Will the electricity it uses costs much less than the gas? Thanks!
I believe the battery is 26 kwh for a full charge.
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#6
Unlimited miles on the lease like some of the other EVs?? Could be a good deal Big Grin
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#7
Quote from city5410 View Post :
NIce find! Do you need to install a special electric outlet to charge the car? And how long for a full charge? TIA.
It comes with a charger that plugs in to a normal outlet. The cons are it takes 24 hours from a completely dead battery to charge.

If you want to create a 240 volt outlet, the 240 volt outlet will charge in 4 hours. This will require you to purchase a $600 charger.
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#8
What dealership?
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#9
Quote from lotusgardener View Post :
What dealership?

Fiat Van Nuys. The dealership was just bought out 11 days ago and all new people. Everyone pretty friendly. I dealt with Jason (who runs the dealership). Tony was also another very friendly salesman who helped me at the very end.

BTW this comes with a pretty cool mobile phone app that give you instant access to your car information. You can also lock, unlock, turn on ac remotely
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#10
Not in CA, but heck would have got one for the wife just for kicks. NP
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#11
I have a long term ownership on this car. 4.6 average miles per kWH. The car cost less than $1.50 to drive 50 miles a day. 5,000 miles cost roughly $80 in electricity. That is one fill-up in a SUV.

I get 85 miles in the Winter.
Now, I am getting 95-110 mile range at 65 degree weather. This car's range has far exceeded the manufacture and EPA ranges.
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#12
Quote from webjock View Post :
I have a long term ownership on this car. 4.6 average miles per kWH. The car cost less than $1.50 to drive 50 miles a day. 5,000 miles cost roughly $80 in electricity. That is one fill-up in a SUV.

I get 85 miles in the Winter.
Now, I am getting 95-110 mile range at 65 degree weather. This car's range has far exceeded the manufacture and EPA ranges.
Salesman was telling me almost the same thing. Some reviews also said you can get about 100 miles.
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#13
Good deal. I could probably make do with 10k miles for ~ $150 a month. Did they advertise the $2500 back from the state?
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#14
So, what do you do when you have drive more than 80 miles?
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#15
Quote from gibsonbass View Post :
So, what do you do when you have drive more than 80 miles?
take a different car?
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