Fit EV: Understanding the Honda Fit Electric

Honda prices its Fit, but pushes leases

Chris Woodyard from USA TODAY recently wrote a story about how the Honda Fit electric (EV) is being leased at $399.00 per month. This presents an attractive option for environmentally conscious consumers looking for an economical vehicle. The purchase price is set at $36,325 before destination charges are added. Therefore, the lease allows potential buyers to experience the innovative features of the Honda Fit electric. They can do this without the larger financial commitment that comes with buying a new vehicle outright. This leasing plan offers flexibility. Moreover, it makes it easier for individuals who may not want to make a long-term investment but still wish to enjoy the benefits of electric driving. These benefits include lower running costs and reduced carbon emissions.

A blue Honda Fit EV electric car on display in an exhibition setting with a blue backdrop.
The all-electric Honda Fit EV displayed, showcasing its eco-friendly features and modern design.

Honda Fit EV for Lease

Honda will focus on leasing its vehicles due to the marketing problem. It’s the early adopter phase for this vehicle. Some people will pay for it, just like any other technology or appliance. After a year, prices will come down. At that point, they will see it as sellable. However, some buyers may purchase the vehicle outright because of the tax incentives for EVs.

The 2013 Fit EV comes billed as being capable of an impressive 123 city-mile per charge range, or 76-mile range in combined adjusted city/highway. This remarkable efficiency positions it as a strong contender in the electric vehicle market. In particular, it appeals to urban drivers who prioritize sustainability and reduced emissions. However, it’s going to bump up against plug-in electrics from established competitors like Toyota, with their tried-and-true Prius, and Ford, boasting the innovative plug-in Focus. Each of these alternatives presents its own set of features and benefits. This adds to the competitive landscape. Additionally, that’s not even counting upstarts such as Coda, which aim to carve out a niche with unique offerings and potentially disruptive technologies. As a result, this is an exciting time for consumers in the electric vehicle segment who are looking for variety and advancements in EV technology.

Real-World Performance, Efficiency & Availability

One of the most notable achievements of the Honda Fit EV was its efficiency in everyday driving. When tested by the U.S. Environmental Protection Agency (EPA), the Fit EV earned a combined rating of 118 MPGe. This made it one of the most efficient electric cars available in the United States at the time. Its 82-mile EPA-rated range on a full charge placed it ahead of several contemporaries. These include the Nissan Leaf and Mitsubishi i-MiEV, in energy economy.  

Source: USA Today