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CNNMoney reports:


NEW YORK (CNNMoney.com) -- Nissan announced Tuesday that its Leaf electric car will come with a sticker price of $32,780. But after a federal tax credit of $7,500, the car will only set you back about $25,280.

That would make the Leaf considerably less expensive than General Motors' Chevrolet Volt, which is expected to cost around $40,000, or about $32,500 after the federal tax credit.

The Leaf expected to go on sale in December, one month after the Volt.

By keeping the sticker price low, the Leaf will be profitable for Nissan, said Mark Perry, Nissan's director of product planning. That means customers should expect more variants of the Leaf in coming years, he added.










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Nissan's All-New Electric Car Undercuts Chevy's Volt, Is It MORE Attractive Now?

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