Customers of Nissan’s new range of Leaf electric vehicles (EVs) will be able to lease their batteries, instead of having to purchase them.
Payments for batteries range between £70 a month to £129 a month, depending on the predicted mileage and length of contract (between 12 and 36 months). If the predicted mileage differs from the actually mileage at the end, a lump sum will be paid at the end of the contract, to make up the difference.
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Despite beginning the year with finance offers on EVs, Nissan has not previously leased the battery in its electric cars, although Renault – the other half of the Renault-Nissan Alliance – began offering battery finance in late 2012 through RCI Financial Services, the captive finance arm of both brands.
Leasing the battery will take £5,000 off the initial cost of buying a Nissan electric car, in addition to the Government’s £5,000 plug-in car grant.
The new offer is the latest example of the two brand’s investment in EVs, following trials of the Nissan NV200 prototype van in 2012 and Renault’s focus on its EV range in the wake of its retail restructure of late 2011.
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