The cost to buy or lease any electric right now depends most on where you live and your personal tax situation. This is because various states offer rebates and other incentives that will take anywhere from $500 to $5,000 off the initial cost of the vehicle. And a federal EV tax credit may reduce your net cost by as much as an additional $7,500.
All told, in some cases an electric may cost you no more net than a comparable gasoline only vehicle. And there are additional local and lease incentives that can lower the monthly payment costs even further, sometimes to under $200 a month and with no money down. And in some cases, combined incentives can mean up to $15,000 off MSRP!
To find out what incentives are available and which you are automatically eligible for, visit this handy incentives map brought to you by Chargepoint.