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Honda Fit EV Begins Leasing July 20 in California and Oregon for $389/Month.

The 2013 Honda Fit EV is the latest in Honda's diverse and growing range of alternative-fuel vehicles, and received the highest fuel-efficiency rating ever given by the Environmental Protection Agency (EPA), with an adjusted combined mile-per-gallon-equivalency rating of 118 MPGe.

The Fit EV will be available for lease-only in key markets in Oregon and California, after which availability will expand to six East Coast markets in early 2013. The Fit EV's three-year lease price of $389 per month computes to a Manufacturer's Suggested Retail Price (MSRP) of $36,625.

Honda is the only automaker to offer such a diverse range of alternative fuel vehicles, which includes the Honda FCX Clarity fuel-cell electric vehicle, multiple gas-electric hybrid models and America's only mass-produced natural gas vehicle, the Honda Civic Natural Gas.

"No other automaker on the planet is more deeply committed to produce and deliver more energy-efficient and sustainable transportation solutions than Honda," said Steven Center, vice president of the American Honda Environmental Business Development Office. "The 2013 Honda Fit EV is the latest example of this commitment."

Based on the popular five-door, five-passenger Fit and Fit Sport, the 100-percent electric Fit EV features a 20-kilowatt-hour (kWh) Lithium-Ion (Li-Ion) battery and a compact 92-kilowatt (123 horsepower) AC synchronous electric motor that generates 189 ft-lb of torque. This efficient powertrain is teamed to a chassis with a fully-independent suspension and a driver-selectable 3-mode drive system adapted from the CR-Z Sport Hybrid. The result is a fun-to-drive EV with a class-leading EPA combined city/highway estimated driving range rating of 82-miles.

An onboard charger allows the vehicle to be plugged into any household-type 120-volt or available 240-volt AC power supply. When connected to a 240-volt circuit, the Fit EV battery can be recharged in less than three hours from a low charge indicator illumination point. When connected to an outlet, charging can be started or stopped with an included Fit EV interactive remote control, through an available smartphone application, or through the internet on a personal computer.

This lease payment price includes the cost reduction for the available $7,500 federal EV tax credit. The first month's payment plus tax and license fees are due at lease signing, and the lease allows up to 12,000 miles-per-year. Lease payment includes roadside assistance, routine maintenance and navigation Point of Interest updates. There will be no purchase option at lease end, and customers are responsible for insurance.(6/29/2012)

 

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June 30, 2012 – Vol. 17 No.15