Nissan prices the LEAF

Article Excerpt

NISSAN MOTOR $17.25 (Nasdaq symbol NSANY; SI Rating: Above Average) (310-771-3111; www.nissan.ca; Shares outstanding: 2.3 billion; Market cap: $39.0 billion) has set a price for its LEAF electric vehicle, which will be the first electric car to be widely sold in the U.S. Nissan plans to ship the LEAF to selected U.S. dealers in December, and sell the car nationwide in 2011. The LEAF will carry a manufacturer’s suggested retail price of $32,780 U.S. When you include a $7,500 federal tax credit, the car’s price will fall to $25,280. The LEAF will also be eligible for further rebates in California and some other states. Nissan will offer a lease program starting at $349 a month, not including tax credits. Customers who buy the LEAF will also be able to buy personal charging docks from Nissan. These docks, which operate on a 220-volt supply, will cost an average of $2,200. That includes a home assessment, but not installation. However, both the charging dock and…