Oh man… this is exactly what I went through last month. I leased the mini se electric and am extremely happy with it so far. I just couldn’t believe the lease rates for the 500e…
Yes, sure, your lease can exceed the duration of the manufacturer’s warranty. And you’ll be on the hook for all issues with the car, as it’s out of warranty.
Other than battery, it’s still 4 yr/50k. Tires are also your responsibility. Manufacturers do state what are the minimum conditions the vehicle is in upon return. That includes tires, no warning lights, etc.
That’s why you don’t see high mileage/long duration leases; no one wants to be stuck with the costs of something you don’t own
Yeah it’s funny, Stellantis is basically giving away Dodge Hornets (they’d have to) but charging crazy premiums on Fiat 500’s… I’m not sure what their executive team is smoking right now (got any more back there? lol)
Super useful information! Thanks!!
Out of curiosity, I contacted a couple of Fiat dealers around the Denver area.
One dealer quoted approximately $550, and another quoted $350 for a 24/7.5K lease with $0 down. Insane.
The good thing is, this price doesn’t include the Colorado State rebate.
Does anyone know the money factor (MF) for this cute car?
And any one pay reduction?
Pay the $10 to be a Super Supporter for a month and you can work out all these numbers to your heart’s content.
Deals looking better this month?
Heard that if a dealer has coupons they can apply up to 6 towards a 500e lease. Also, I think there’s a CTP (loaner service) credit this month as well.
Maybe these will make more sense coming out of loaner service. Idk what dealer would be willing to apply the coupons to a 500e lease, but hey …
The current “national offer” is for a 36 month lease and costs just about as much as a used Bolt post $4k tax credit. Other than being ugly, the Bolt is a better car in every way.
I was able to get a dealer to offer $289, all in, $0 down on his 3 inspiRed units with all season tires. 36 months, 10k miles.
My local tax rate is 7.25%. Dealer said he’s happy to work with anyone that’s interested. Putting it out there.
I have dealer in Colorado (only Colorado resident) who is ready to do for $78/month including all fees and taxes.
Deal in SoCal/Ventura. This doesn’t sound like a great deal, but wanted to share and get your opinions.
$99/Mo Lease + Tax for 24 Months
$5,717 customer cash or trade equity
5,000 miles per year
Dealer won’t budge any lower.
Thanks!
The fine print says there are more fees, deal is terrible compared to other EVs available
Ioniq5 at 24/12k is way less for a better vechicle
It’s a first gen for this Year (They upgraded the range and skipped a whole year), the key you can see is the low Payment high down.
That 5717 plus fees so in CA that adds over $1000.
So that car is more like $379 a month. Which in today’s market is pretty bad for a 150mile range car.
So if you have the money and like driving a car locally only (No trips to OC or LA or SD)
Then well, it’s your money to set on fire.
Hypothetically, let’s say you really want this specific EV car. What would be a fair/good price for a 150 mile range car?
I’ve never leased a car in my life. For context, I work from home so I drive 2500-3500 miles per year just running errands. Not planning to drive this car to OC or SD - probably would take the train for that.
Thanks in advance for any advice!
I dont think you’ll find a dealer willing to let one of these go right now for a price worth paying.
You should consider buying a used 2020-2022 mini se instead, with the $4k used ev credit, you can get it for $16-18k.
Isn’t the Mini EV like 100 miles new?
2-4 year old Mini is going be in the 90s range.
A used Bolt is a much better idea for a similar price.
Ask @Jeff_BeachCitiesAuto about a standard range Ioniq or Kona.
Thank you for the replies but I only have eyes for the Fiat500e . I’ve had two Fiat500 Abarth which I really love and am driving one currently. But as my current car is 7 years old and to maintain/fix issues is getting expensive I thought I might switch to the 500e. Given how overly priced the 500e is, it looks like I’m going to have to bite the bullet and just keep my ICE Abarth until prices come down some more.
Thanks again!