When it comes to any lease, you have to be a cautious buyer. Why? Because they are usually designed with the intention to catch your eye and get you into the showroom.
And from what recent reports have said, the 2011 Nissan Leaf is not much different.
According to Consumer Reports, the 2011 Nissan Leaf standard lease -- which is a three-year deal -- needs the $7,500 income tax rebate and an additional $1,999 cap cost reduction in order to obtain that $349/month payment.
Granted, if you need Consumer Reports to tell you that you probably should take off your rose-colored lenses...
Last week, we published some of the surprisingly high expenses facing early buyers of the Nissan Leaf. For example, people are finding that having a charging dock installed could be more expensive than they bargained for. Now those buyers are also learning the details of Nissan's advertised $349-a-month lease deal.
That price sounded too good to be true, especially for a $33,000 car. Digging a little deeper, we found that to get down to that $349-a-month, three-year deal requires the $7,500 income tax rebate and a $1,999 capital cost reduction, the leasing equivalent of a down payment...
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