Nissan’s EV Frenzy: Autumn’s Huge 2024 Discounts

Photo Source: NISSAN

The onset of autumn represents clearance time in the new-vehicle business, as dealers are greatly decreasing costs and amplifying incentives to help clear 2024 models from their lots, just as the factory-fresh 2025 versions are rolling in. If buyers are in the market for an electric vehicle this year (2024), there might be some savings in it for them – either upfront or later on. 

New in 2024, customers who purchase new and pre-owned electric vehicles might qualify for a tax credit that can be transferred to an eligible dealer for an immediate discount on the vehicle at the time of sale. The clean vehicle credit expansion is thrilling news for taxpayers looking to go green.

Best Cash-Back Rebates for September 2024

According to the automotive marketing firm ZeroSum, the average market adjustment when combining incentives and discounts for new automobiles in America has more than tripled over the last 12 months, increasing from an average of $532 to $1,836. 

It should come as unsurprising that a review of dealers’ websites displays the bulk of 2024 models being presented with some incentives this month (September 2024), including discounted lease terms, cash-back deals, and cut-rate financing.

As of September 2024, the Nissan Leaf might be eligible for a partial tax credit if delivered on or after January 1, 2024:

Notable Electric Vehicle (EV) Price Reductions in 2024

The most recent study conducted by iSeeCars examined the prices of over 1.6 million one-to-five-year-old pre-owned pickups, SUVs, and cars sold between August 2023 and August 2024. The study aimed to compare them and identify which used automobiles experienced the largest price cutbacks over the preceding 12 months. The results demonstrated that approximately half of the cars at the top of the list consisted of electric vehicles. 

To that end, a beneficial aspect for electric vehicle enthusiasts is that the average one-to-five-year-old used electric vehicle is now more reasonably priced than the average internal combustion engine-powered car of the same age. 

Indeed, the assessment indicated that the average used price tag for a gasoline-propelled automobile in August 2024 was roughly $30,292 MSRP (Plus destination fee) compared to merely $26,839 MSRP (Plus destination fee) for the average pre-owned EV.

A solid example of the cost decrease among pre-owned EVs over the last year (2023-2024) is the Nissan Leaf hatchback. For context, the average price of the compact car in August 2024 was $16,243 MSRP (Plus destination fee), marking a year-over-year price reduction of $4,102 and a year-over-year percent decrease of 20.2 percent.

Nissan Leaf Deals Available at Southern Team Nissan of New River Valley!

• 2025 Nissan Leaf: Finance for 2.19 percent APR for 36 months, up to $8,500 cash, and $1,000 EV Customer Bonus Cash
• 2025 Nissan Leaf: Lease for $1,209 for 12 months, up to $1,650 cash, and $1,000 EV Customer Bonus Cash

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