2025 Nissan Leaf is now cheaper than Versa economy car
Thanks to incentives, the 2025 Nissan Leaf is now the automaker’s cheapest model regardless of powertrain type, reports CarsDirect, undercutting the gasoline Versa economy car.
The base 2025 Nissan Leaf S starts at $29,280 with destination, but through September 3 it’s eligible for $7,500 in NMAC Special APR cash, which is essentially a rebate that customers can receive for financing at promotional rates, CarsDirect explains. The electric hatchback is also eligible for $1,000 in bonus cash.
2024 Nissan Versa
Those incentives add up to $8,500 in savings, bringing the effective price of a Leaf S down to $20,780. That’s still slightly more than the $19,490 MSRP of the base 2024 Nissan Versa S (Nissan hasn’t released 2025-model-year pricing) with the continuously variable transmission (CVT), and the Nissan also lists an even lower-priced Versa S with a manual transmission. But current financing offers still make the Leaf cheaper.
Per CarsDirect, Nissan is currently offer 3.19{aa25fa8b82bb550df44f4514fef8e475020994699e2c082d49d75b275e3029cc} APR financing on a five-year Leaf loan and 8.37{aa25fa8b82bb550df44f4514fef8e475020994699e2c082d49d75b275e3029cc} for the Versa. Over the same loan period, CarsDirect estimates that a Versa would cost $23,819 at $399 a month. But a Leaf would cost $22,509 at $375 a month.
2025 Nissan Leaf
The $7,500 incentive that comes with this financing offer also makes up for the fact that the Leaf loses federal EV tax credit eligibility for the 2025 model year. That credit—$3,750 for the 2024 Leaf—is also available only to qualifying households, so the financing incentive may be more broadly applicable.
This deal comes with some drawbacks. The Leaf S only manages 149 miles of EPA range (a pricier SV Plus model is also available, with 212 miles of range). The smaller-battery, non-Plus version of the Leaf also hasn’t been substantially updated in several years, and the Leaf is the only EV still using the CHAdeMO fast-charging standard. But for budget-conscious shoppers, this is at least one example of an EV being cheaper than a comparable gasoline car.
