Fleet News

Exchange rate forces Leaf price increase

The Nissan Leaf will now break the £30,000 barrier despite the subsidies following a price increase brought in to offset changes in the exchange rate.

The all-electric lower-medium car is now priced at £30,990 on the road, an increase from £28,990 when prices were announced In July 2010.

A Nissan spokesman said Sterling's value against the Yen had fallen by 14% since prices were first announced, and that the increase of less than 7% showed that Nissan would not be passing on the entire extra cost to customers.

The Leaf also qualifies for a £5,000 Government subsidy currently offered on electric vehicles, so the transaction price would be £26,990.

Nissan confirmed that when production of the Leaf and its batteries begins in the UK in 2013, with the majority of components sourced locally, it would be less vulnerable to exchange rate fluctuations.

The company also denied claims that an issue with a reversing alert had delayed the introduction of the car in the UK.

The Leaf is fitted with a reversing alert as a warning to pedestrians and other road users, but it was believed to breach noise regulations in the UK. But Nissan said the alert would be disabled by technicians at facilities where the car reaches the UK before the vehicles are delivered to dealers.
 


Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

  • FleetEnergyWatcher - 14/03/2011 18:41

    It's still hard to compare EVs with conventional cars but how about dividing the P11D price by the range per tankful/recharge to obtain a rough proxy for real-world versatility? So the Skoda Fabia 1.2 75 Greenline would have a P11D/Range figure of about £18 per mile of range, while the Leaf's would be £269. Can readers suggest any other suitable measures?

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee