Cost is an infamous piece of owning an electric vehicle. The EV market has mostly given buyers a choice between basic cars that cost a lot of money and slickly executed luxury models that cost even more. But this year, that dynamic changed, and not many people have noticed.
That’s because the 2022 Nissan LEAF — an early EV pioneer that has lately faded into obscurity — just got an enormous price cut. This compact all-electric hatchback now starts at just $27,400. Not only is that $4,300 less than last year’s Leaf, but after you apply a $7,500 federal tax credit, the Leaf’s effective price is below $20,000. That means it’s not only the most affordable EV in America by a margin of several thousand dollars, but it’s also an EV that (after the tax credit) costs less than a similarly sized, similarly equipped economy car with a gasoline engine. Keep reading to learn more about the Leaf’s advantages and about what Nissan has done to keep prices down, so you can see if the Leaf is a good way for you to go electric.